No. As of September 2026, Kalyani Forge Ltd (513509.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Kalyani Forge Ltd does not pass Musaffa's business and financial screening criteria.
Kalyani Forge Ltd. is an engineering company, which engages in the business of manufacturing close tolerance precision forgings. The company is headquartered in Pune, Maharashtra and currently employs 723 full-time employees. The firm is engaged in providing forged, machined, and assembled products for various customers in various industries, such as automotive, construction, power generation, marine, railway, and industrial goods. The Company’s products include engine parts, chassis system, driveline, industrial application, steering and suspension, transmission, and turbo charger. The company offers a range of engine parts, such as connecting rod, crank shaft, cam shaft, retainer valve, cross head valve, injector clamp, rocker arm, balance weight cam lobe, and more. Its industrial application provides various cold and hot forged parts for industrial applications like power tools, conveyors, compressors, and others. The company provides a range of products for chassis systems, such as idler arms, control arm, steering knuckle, FS arms and brackets. The company supplies turbocharger parts like nozzle ring and pipe cast flanges.
Kalyani Forge Ltd 513509.BO
₹1,018.00 ₹18.05 (1.81%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
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513509.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Kalyani Forge Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Kalyani Forge Ltd (513509.BO)
FAQ's for Kalyani Forge Ltd (513509.BO)
As of September 2026, Kalyani Forge Ltd 513509.BO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Kalyani Forge Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Kalyani Forge Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Kalyani Forge Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Kalyani Forge Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Kalyani Forge Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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