Kalyani Forge Limited, a manufacturer of forged and machined components, has announced a strategic capex plan of INR 250 million for FY26, focused on enhancing manufacturing capabilities and operational efficiency. This comes alongside the formal rollout of its ‘Vriddhi Council,’ a set of 13 high-impact initiatives aimed at driving revenue growth and expanding EBITDA.
The Vriddhi Council is central to Kalyani Forge’s roadmap for FY26. It is designed to support two key objectives: accelerating revenue growth and improving profitability. Specific focus areas include machine and process optimization, reducing costs in procurement and power, enhancing productivity, and minimizing the cost of poor quality through quality control improvements.
The Council’s initiatives also include implementing new Standard Operating Procedures (SOPs) tied to new business valued at INR 500 million, executing the approved INR 250 million in capital projects, digitizing compliance management systems, and strengthening ERP-SAP controls. Additionally, Kalyani Forge plans to further develop the KSCADA portal in collaboration with Kalyani Studio to support digital shopfloor monitoring and analytics.
In FY25, the company reported INR 1.16 billion in new order wins, its highest to date. This included the launch of two machined connecting rod programs in Q4 and the approval of samples for a new automotive export order. A forging modernization program was initiated, including the full reconditioning of a 1600T forging press.
During the fourth quarter of FY25, total income stood at INR 593.4 million, EBITDA was INR 67.4 million (with a margin of 11.4 percent), and PAT reached INR 22.3 million. On a full-year basis, revenue was INR 2.39 billion, EBITDA INR 265 million, and PAT INR 83 million—marking the highest annual profit in a decade. The EBITDA margin improved to 11.1 percent for the year.
Founded in 1979 and based in Pune, Kalyani Forge Limited manufactures forged and machined components for the automotive, industrial, and agricultural sectors. The company operates five production divisions.