What we do Krishanveer Forge Ltd specializes in open die forging for industries like oil and gas, steel, cement, and mining, supplying high-quality steel forgings domestically and internationally. |
Founded in 1,990 |
Market share A leading exporter of critical forgings with strong presence in Southeast Asia and a reputed domestic supplier. |
Problem solved Provides durable, precision-forged steel components essential for heavy industries to enhance operational reliability and efficiency. |
Top clients or who we serve Serves oil and gas, steel, cement, mining, infrastructure sectors; B2B customer base including global and domestic industrial players. |
Key management - |
Our journey and innovations Founded in 1990; renamed Krishanveer Forge Ltd in 2022; recognized for critical forgings and export excellence. |
Where we operate Primarily India and Southeast Asian markets with expanding global exports. |
Top products or what we offer Forgings including steel forgings, machined parts, mill rollers, shaft components, and casing heads mainly for heavy industrial applications. |
Top brands - |
Raw materials needed Carbon steel, alloy steel, stainless steel, die steel, tool steel. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue has varied slightly reflecting cyclical demand; mainly project and order-driven sales. |
Our industry position Recognized leader in critical forgings with established market in specific industrial sectors domestically and abroad. |
Financial highlights FY 2024-25 revenue approx Rs. 82.8 crore with net profit Rs. 5.64 crore, showing operational cost efficiencies and growing profitability. |
Geographical revenue split Dominantly domestic revenue (approx 98%) with minor export contribution (approx 2%). |
Order book - |
Whats driving growth Cost rationalization, operational excellence, and strong export demand in oil and gas forging segments. |
Our future plans - |
Our green promise Encourages paperless communications and sustainability initiatives as part of corporate responsibility. |
Our people and values Committed to corporate governance, ethical standards, and an inclusive workplace culture. |
Key challenges ahead Global demand volatility and raw material pricing pressures could impact growth and margins. |
Interesting facts Changed name from Rajkumar Forge Limited to Krishanveer Forge Limited in 2022 enhancing brand identity. |
Risks and strategy Focuses on risk management through operational efficiencies and strategic cost control to mitigate cyclical industry risks. |
