Kalyani Forge Ltd. — Earnings Release 2026

May 25, 2026

KALYANI FORGE

KALYANI

May 25, 2026

To
Bombay Stock Exchange Limited,
Phiroze Jeejeebhoy Tower, Dalal Street,
Fort, Mumbai-400001
Scrip Code: 513509

National Stock Exchange of India Limited,
Exchange Plaza, Bandra Kurla Complex,
Bandra (E), Mumbai-400051
Symbol: KALYANIFRG

Subject: Press Release on results for quarter and financial year ended on March 31, 2026.

Dear Sir/Madam,

Please find enclosed the press release titled “Kalyani Forge Delivers Highest PAT in 14 Years; Sustains 15%+ EBITDA Margin Momentum”

The above information will also be available on the website of the Company at www.kalyaniforge.com

Kindly take the same on record and acknowledge.

Thanking you,

Yours Faithfully,
For Kalyani Forge Limited

VIRAJ
GAURISHAN
KAR KALYANI
Digitally signed by
VIRAJ
GAURISHANMAR
KALYANI
Date: 2026.05.25
01:08:41 +00'30'

Viraj G. Kalyani
Managing Director
DIN: 02268846

CIN: L28910MH1979PLC020959
REGD OFFICE: Shangrila Gardens, 1st Floor, ‘C’ Wing, Opp. Bund Garden, Pune: 411001
Tel. +91 2137 252335/755 Fax +91 2137 252344
Website: www.kalyaniforge.com
Email: companysecretary@kforge.com

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KALYANI FORGE
KALYANI

Press Release

Kalyani Forge Delivers Highest PAT in 14 Years; Sustains 15%+ EBITDA Margin Momentum

Pune, May 25, 2026: Kalyani Forge Limited today announced its financial results for Q4 and FY26, marking a major milestone in the Company's transformation journey with its highest annual profitability in approximately 14 years.

Financial Highlights – Q4 FY26

• Revenue of ₹59.2 crore
• EBITDA of ₹9.0 crore
• EBITDA margin at 15.2%
• Profit After Tax (PAT) of ₹5.9 crore

Financial Highlights – FY26

• Revenue of ₹234.6 crore
• EBITDA of ₹31.6 crore
• PAT of ₹9.3 crore — highest in approximately 14 years

The Company delivered a turnaround of approximately ₹30 crore at the PAT level compared to FY25 and sustained EBITDA margins above 15% for two consecutive quarters, reflecting improving business quality and operational performance.

Commenting on the results, Mr. Viraj Kalyani, Managing Director & CEO, said:

"FY26 marks a defining year for Kalyani Forge. The transformation initiatives and strategic decisions undertaken over the last two years are now clearly reflecting in the Company's performance. Sustaining EBITDA margins above 15% and achieving the highest PAT in approximately 14 years demonstrates the strengthening operational and financial foundation of the business."

"Our focus remains on disciplined profitable growth, operational excellence, customer confidence, and long-term manufacturing capability building. We believe FY26 rebuilt the operating engine of the Company and established a strong platform for the next phase of growth."

www.kalyaniforge.com

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KALYANI FORGE
KALYANI

Business & Operational Progress

• Strategic new order wins in high volume, xEV products
• Continued operational efficiency and cost optimisation initiatives
• Progress on forging modernization and plant engineering initiatives
• Strengthening of supply chain and raw material planning systems
• Clean Audit Roadmap has moved forward to phase 2

Management believes the Company's transformation and scale-up roadmap remains on track, supported by stronger operational discipline, improved profitability, strategic order wins, and a sharper execution focus heading into FY27.

About Kalyani Forge Limited

Kalyani Forge Limited is a leading manufacturer of precision forged and machined components serving automotive and industrial customers in India and overseas markets.

www.kalyaniforge.com