Kalyani Forge Schedules Q3FY26 Investor Call, Reports Record EBITDA Margins
Kalyani Forge announced its Q3FY26 investor conference call scheduled for February 12, 2026, alongside achieving record EBITDA margins of 15.7% despite mixed financial performance. The company appointed Mr. Jagdish Baheti as new CFO and continues strategic business optimization with strong order book of ₹169 crore.

*this image is generated using AI for illustrative purposes only.
Kalyani Forge Limited announced its Q3FY26 investor presentation and conference call scheduled for February 12, 2026, alongside reporting record EBITDA margins despite mixed financial performance for the quarter ended December 31, 2025.
Investor Conference Call Details
The company has scheduled an analyst and investor conference call for February 12, 2026, with the investor presentation made available on the company's website at www.kalyaniforge.com . The presentation was submitted to both BSE (Scrip Code: 513509) and NSE (Symbol: KALYANIFRG) under Regulation 30 of SEBI Listing Regulations.
| Parameter: | Details |
|---|---|
| Conference Date: | February 12, 2026 |
| Presentation Availability: | www.kalyaniforge.com |
| BSE Scrip Code: | 513509 |
| NSE Symbol: | KALYANIFRG |
Financial Performance Highlights
The company achieved its highest-ever EBITDA margin of 15.7% in Q3FY26, demonstrating improved operational efficiency despite revenue challenges. Total income for the quarter stood at ₹58.22 crore compared to ₹59.37 crore in Q3FY25.
| Metric: | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Total Income: | ₹58.22 crore | ₹59.37 crore | -1.93% |
| EBITDA: | ₹9.12 crore | ₹6.83 crore | +33.53% |
| EBITDA Margin: | 15.7% | 11.5% | +420 bps |
| Net Profit/(Loss): | ₹(0.12) crore | ₹1.82 crore | Loss |
| Profit Before Tax: | ₹3.95 crore | - | - |
Strategic Business Developments
Kalyani Forge reported significant progress in its business optimization strategy, with OEM revenue reaching ₹35.0 crore in Q3FY26. The company has been implementing a three-phase business mix optimization focusing on product rationalization, customer quality upgrade, and volume optimization.
| Business Segment: | Performance |
|---|---|
| Export Sales: | 19% of total sales |
| OEM Revenue: | ₹35.0 crore |
| New Business Orderbook: | ₹169 crore peak annual value |
| Product Portfolio: | Engine (58%), Driveline (18%), Axle (8%) |
Management Changes and Governance
The board appointed Mr. Jagdish Baheti as Chief Financial Officer effective February 11, 2026. Baheti brings over 15 years of manufacturing industry experience, including previous roles as CFO at Delfingen and Hirschvogel Components India.
| Parameter: | Details |
|---|---|
| New CFO: | Mr. Jagdish Baheti |
| Effective Date: | February 11, 2026 |
| Qualification: | Chartered Accountant, MBA Finance |
| Experience: | 15+ years manufacturing industry |
Capital Expenditure and Growth Strategy
The company has allocated ₹25.0 crore for FY26 capex, with 60% focused on future growth areas including driveline and axle segments. The capex strategy emphasizes upgrading asset base for predictable growth and removing operational bottlenecks.
| Capex Allocation: | Amount (₹ Crore) |
|---|---|
| Ramp Up Business: | 11.43 |
| Engine: | 10.05 |
| Driveline: | 10.43 |
| Infrastructure: | 6.90 |
The company continues to address auditor concerns regarding inventory valuation and internal controls while implementing SAP systems for improved financial governance. Management has made progress on reconciliation processes and appointed specialized personnel to strengthen compliance frameworks.
Historical Stock Returns for Kalyani Forge
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +9.09% | +8.68% | +11.27% | -8.35% | +10.37% | +333.05% |































