Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Krishanveer Forg
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 19.02 | 19.26 | 18.48 | 23.01 | 23.19 | 24.86 | 20.25 | 18.16 | 19.82 | 23.64 | 20.98 | 20.33 | 24.35 |
| Expenses + | 16.45 | 17.30 | 17.62 | 20.85 | 20.99 | 22.19 | 18.22 | 16.21 | 17.82 | 20.97 | 17.87 | 17.64 | 20.70 |
| Operating Profit | 2.57 | 1.96 | 0.86 | 2.16 | 2.20 | 2.67 | 2.03 | 1.95 | 2.00 | 2.67 | 3.11 | 2.69 | 3.65 |
| OPM % | 13.51% | 10.18% | 4.65% | 9.39% | 9.49% | 10.74% | 10.02% | 10.74% | 10.09% | 11.29% | 14.82% | 13.23% | 14.99% |
| Other Income + | 0.00 | 0.00 | 0.00 | 0.00 | 0.31 | 0.00 | 0.00 | 0.27 | 0.40 | 0.33 | 0.23 | -0.48 | 3.96 |
| Interest | 0.20 | 0.10 | 0.03 | 0.07 | 0.27 | 0.03 | 0.07 | 0.04 | -0.02 | 0.00 | 0.00 | 0.00 | 0.02 |
| Depreciation | 0.39 | 0.38 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.45 | 0.39 | 0.41 | 0.39 | 0.38 |
| Profit before tax | 1.98 | 1.48 | 0.44 | 1.70 | 1.85 | 2.25 | 1.57 | 1.79 | 1.97 | 2.61 | 2.93 | 1.82 | 7.21 |
| Tax % | 18.69% | 22.30% | 27.27% | 13.53% | 43.78% | 22.67% | 22.29% | 32.40% | 26.40% | 20.31% | 38.91% | 3.85% | 20.25% |
| Net Profit + | 1.61 | 1.15 | 0.33 | 1.47 | 1.04 | 1.75 | 1.23 | 1.21 | 1.45 | 2.07 | 1.79 | 1.76 | 5.75 |
| EPS in Rs | 1.47 | 1.05 | 0.30 | 1.34 | 0.95 | 1.60 | 1.12 | 1.11 | 1.33 | 1.89 | 1.64 | 1.61 | 5.26 |
Financials of Krishanveer Forg
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 27 | 12 | 6 | 29 | 55 | 51 | 40 | 67 | 81 | 83 | 83 | 89 |
| Expenses + | 25 | 13 | 9 | 26 | 48 | 43 | 34 | 60 | 77 | 76 | 74 | 77 |
| Operating Profit | 2 | -0 | -2 | 3 | 7 | 7 | 6 | 7 | 4 | 7 | 8 | 12 |
| OPM % | 6% | -2% | -39% | 9% | 13% | 15% | 16% | 10% | 5% | 8% | 10% | 14% |
| Other Income + | 2 | 1 | 0 | 0 | -1 | 0 | 0 | 1 | 1 | 1 | 1 | 4 |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 3 | -2 | -4 | 1 | 4 | 6 | 4 | 5 | 2 | 5 | 8 | 15 |
| Tax % | 59% | -27% | -11% | 43% | 47% | 18% | 18% | 30% | 19% | 27% | 26% | 22% |
| Net Profit + | 1 | -1 | -4 | 0 | 2 | 5 | 4 | 4 | 2 | 4 | 6 | 11 |
| EPS in Rs | 0.97 | -1.02 | -3.38 | 0.39 | 1.90 | 4.18 | 3.27 | 3.44 | 1.50 | 3.65 | 5.16 | 10.40 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 55% | 48% | 29% |
Financials of Krishanveer Forg
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 14 | 12 | 9 | 9 | 11 | 16 | 19 | 23 | 24 | 28 | 31 | 40 |
| Borrowings + | 10 | 7 | 4 | 5 | 5 | 5 | -0 | 5 | -2 | -1 | -3 | 0 |
| Other Liabilities + | 5 | 4 | 4 | 8 | 13 | 12 | 12 | 13 | 11 | 14 | 17 | 17 |
| Total Liabilities | 40 | 34 | 27 | 33 | 40 | 43 | 42 | 52 | 45 | 52 | 56 | 68 |
| Fixed Assets + | 15 | 14 | 13 | 12 | 13 | 18 | 16 | 18 | 17 | 16 | 15 | 14 |
| CWIP | 5 | 5 | 5 | 6 | 6 | 3 | 3 | 0 | 0 | 0 | 0 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | 19 |
| Other Assets + | 20 | 14 | 9 | 15 | 21 | 23 | 23 | 34 | 28 | 36 | 29 | 31 |
| Total Assets | 40 | 34 | 27 | 33 | 40 | 43 | 42 | 52 | 45 | 52 | 56 | 68 |
Financials of Krishanveer Forg
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 10 | -1 | 4 | 0 | 4 | 4 | 6 | -5 | 7 | 1 | 5 | |
| Cash from Investing Activity + | -3 | -1 | 0 | -0 | -3 | -3 | -0 | -0 | -1 | -0 | -1 | |
| Cash from Financing Activity + | -6 | -1 | 0 | -1 | -1 | 1 | -2 | -0 | -1 | -0 | -2 | |
| Net Cash Flow | 0 | -3 | 4 | -2 | -0 | 2 | 4 | -5 | 6 | -0 | 2 | |
| Free Cash Flow | 6 | -2 | 4 | -0 | 2 | 1 | 5 | -5 | 7 | 0 | 5 | |
| CFO/OP | 685% | 104% | -178% | 11% | 64% | 69% | 99% | -48% | 204% | 27% | 88% |
Financials of Krishanveer Forg
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 64 | 87 | 160 | 100 | 86 | 107 | 112 | 98 | 76 | 87 | 82 | 92 |
| Inventory Days | 159 | 531 | 809 | 132 | 69 | 76 | 150 | 126 | 70 | 108 | 61 | 58 |
| Days Payable | 108 | 95 | 449 | 140 | 111 | 115 | 156 | 81 | 51 | 66 | 90 | 101 |
| Cash Conversion Cycle | 116 | 523 | 520 | 92 | 44 | 69 | 105 | 143 | 96 | 128 | 53 | 49 |
| Working Capital Days | 22 | 77 | 108 | 31 | 27 | 59 | 103 | 88 | 88 | 104 | 71 | 139 |
| ROCE % | 5% | -2% | -12% | 7% | 24% | 21% | 16% | 17% | 8% | 17% | 20% | 26% |
PAT growth seen with recent quarters growing by ~85% YoY, indicating strong earnings momentum. Key concall takeaways from Rathi Steel & Power Ltd's Q1 FY27…
SKP is steadily increasing capacity from about 80-100 tons earlier to around 1,800 tons now, operating at ~80% utilization (Page 20). Key concall takeaways…
Q1 FY27 showed strong profitability with EBITDA margin improving to 16.29% and net profit margin to 9.18%. Key concall takeaways from Mitsu Chem Plast Ltd's Q1…
Current capacity expansion planned for 300-350 crores revenue, further growth through organic or inorganic expansion. Key concall takeaways from Simplex…