Krishanveer Forge Adjusts Valuation Grade Amid Competitive Industry Landscape
2025-03-28 08:00:13Krishanveer Forge, a microcap player in the castings and forgings industry, has recently undergone a valuation adjustment reflecting its current market standing. The company's price-to-earnings ratio stands at 15.08, while its price-to-book value is recorded at 2.02. Key performance indicators such as the EV to EBIT ratio of 9.70 and EV to EBITDA ratio of 8.10 suggest a competitive position within its sector. The company also boasts a dividend yield of 2.77%, alongside a return on capital employed (ROCE) of 11.73% and a return on equity (ROE) of 13.38%. These metrics indicate a solid operational performance relative to its peers. In comparison, other companies in the industry exhibit varying valuation metrics. For instance, Nelcast shows a significantly higher price-to-earnings ratio of 28.56, while Synergy Green and Magna Electrocast present fair valuations with PE ratios of 36.69 and 16.95, respectively...
Read MoreKrishanveer Forge Adjusts Valuation Grade Amid Strong Financial Fundamentals and Market Position
2025-03-05 08:00:16Krishanveer Forge, a microcap player in the castings and forgings industry, has recently undergone a valuation adjustment, reflecting its financial metrics and market position. The company currently boasts a price-to-earnings (PE) ratio of 14.64 and a price-to-book value of 1.96, indicating a competitive stance within its sector. Its enterprise value to EBITDA stands at 7.86, while the enterprise value to sales ratio is notably low at 0.85, suggesting efficient revenue generation relative to its valuation. In terms of profitability, Krishanveer Forge reports a return on capital employed (ROCE) of 11.73% and a return on equity (ROE) of 13.38%, which are solid indicators of its operational effectiveness. The company also offers a dividend yield of 2.86%, appealing to income-focused investors. When compared to its peers, Krishanveer Forge demonstrates a favorable valuation profile. Competitors like Nelcast a...
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Krishanveer Forge Faces Continued Stock Volatility Amid Weak Fundamentals and Market Trends
2025-03-04 13:05:43Krishanveer Forge, a microcap in the castings and forgings sector, is facing significant stock volatility, trading near its 52-week low. The stock has declined for six consecutive days, reflecting a bearish trend with underperformance compared to its sector. The company's long-term fundamentals and recent sales figures indicate ongoing challenges.
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Krishanveer Forge Reports Mixed Q4 Results with Strong PAT Growth Amid Sales Decline
2025-02-08 15:46:45Krishanveer Forge has announced its financial results for the quarter ending December 2024, showcasing a year-on-year increase in Profit After Tax to Rs 4.19 crore, alongside a peak operating profit margin of 12.05%. However, net sales declined to Rs 18.43 crore, marking the lowest performance in five quarters.
Read MoreCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
05-Apr-2025 | Source : BSECertificate under Regulation 74(5) of SEBI (DP) Regulations 2018 for the quarter and period ended March 31 2025
Closure of Trading Window
26-Mar-2025 | Source : BSEIntimation of closure of Trading Window for the Quarter and Year ending on March 31 2025.
Announcement under Regulation 30 (LODR)-Newspaper Publication
08-Feb-2025 | Source : BSEIntimation of Newspaper Publication for Financial Results for the Quarter and Nine Months ended December 31 2024.
Corporate Actions
No Upcoming Board Meetings
Krishanveer Forge Ltd has declared 20% dividend, ex-date: 06 Sep 24
No Splits history available
No Bonus history available
No Rights history available