Kalyani Forge was established on January 29, 1979, as a private limited company by the name of Ellora Engineering Company Private Limited. later in 1992 was converted into a public limited company and also changed its name to the present one. The company is a part of the well reputed Kalyani group and has been promoted by U A Tahale and P S Kalyani.

The company is engaged in the manufacturing of Forgings, Precision Machined Components and Sub-assemblies.

The company was formed at a time when the engineering industry, and particularly the automotive sector, was experiencing a change in the demand pattern. This compelled forging units to consider new ways and means to meet the buyers requirements on qualitative and quantitative terms. Kalyani Forge, the first and perhaps the only forge shop in India to exclusively use press technology for small forgings, successfully bridged the gap with consistent high quality and timely delivery.

Kalyani Forge is TS 16949 & QS 9000 certified company that manufactures closed die press forgings using HOT, WARM & COLD forging technologies in the weight range - 50 gms to 12 kgs. Kalyani Forge specializes in the manufacture of connecting rods for two & four wheelers.

Kalyani Forge is well located at Koregaon Bhima, 30 Km from Pune which is known as 'The Detroit of India' & 'The Oxford of the East'. It is around 160 Kms from Mumbai i.e. approximately 30 minutes by air & 3 hours by road. Pune is well connected to other metropolitan cities like Delhi, Bangalore, Chennai, Kolkatta.

Product range of the company includes:

Hot forgings

Crankshafts
Profiles
Connecting rods
Shifter Forks
Under Brackets

Cold forgings

Spline shafts
Kidney gears

Warm forgings

Lug gears
Tulips, gear wheel

Machine components

Precision machined components

Different divisions of the company are:

Product Engineering Division
Hot Forging Division
Metal Forms Division
Precision Auto Components Division
Metallurgical & Metrological Testing

Milestones :

2004 - Forging Capacity Expansion & TS16949 Certification
2003- Machining Capacity Expansion
2002- Technology Upgradation for CAD/CAM Facilities
2001- QS 9000 Certification
1999- Establishment of Metal Forms Division
1995- ISO 9002 Certification & Establishment of Machine Shop
1992 - Maiden Export Order from Italy
1981 - Commencement of Commercial Production of Hot Forgings
1979 - Company Incorporation

Achievements/ recognition:

TS 16949 Certified by Underwriters Laboratories (UL) , USA & QS 9000

Market Cap	144 Cr	ROE	3.5%
P/E Ratio(TTM)	24.5	EPS(TTM)	0.0
P/B Ratio	1.3	Dividend Yield	0.8%
Industry P/E	71.6	Book Value	296.4
		Face Value	10.0

Fundamentals