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Carnation Industries Ltd vs Krishanveer Forge Ltd Stock Comparison

Carnation Industries Ltd vs Krishanveer Forge Ltd Stock Comparison

Last Updated on: May 04, 2026

Key Highlights

  • The Latest Trading Price of Carnation Industries Ltd is ₹ 88.6 as of 04 May 09:48 . The P/E Ratio of Carnation Industries Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe P/E Ratio of Krishanveer Forge Ltd changed from 11.8 on March 2021 to 14.4 on March 2025 . This represents a CAGR of 4.06% over 5 years The Market Cap of Carnation Industries Ltd changed from ₹ 1.39 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of -100.00% over 5 yearsThe Market Cap of Krishanveer Forge Ltd changed from ₹ 42.23 crore on March 2021 to ₹ 80.97 crore on March 2025 . This represents a CAGR of 13.90% over 5 years The revenue of Carnation Industries Ltd for the Dec '25 is ₹ 0.24 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the growth of 9.2233718E16% The revenue of Krishanveer Forge Ltd for the Dec '25 is ₹ 20.6 crore as compare to the Sep '25 revenue of ₹ 21.21 crore. This represent the decline of -2.88% The ebitda of Carnation Industries Ltd for the Dec '25 is ₹ 0.03 crore as compare to the Sep '25 ebitda of ₹ -0.21 crore. This represent the decline of -114% The ebitda of Krishanveer Forge Ltd for the Dec '25 is ₹ 2.22 crore as compare to the Sep '25 ebitda of ₹ 3.34 crore. This represent the decline of -33.53% The net profit of Carnation Industries Ltd changed from ₹ 2.25 crore to ₹ -0.54 crore over 7 quarters. This represents a CAGR of NaN% The net profit of Krishanveer Forge Ltd changed from ₹ 1.75 crore to ₹ 1.76 crore over 7 quarters. This represents a CAGR of 0.33% The Dividend Payout of Carnation Industries Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Krishanveer Forge Ltd changed from 54.84 % on March 2024 to 48.49 % on March 2025 . This represents a CAGR of -5.97% over 2 years .

About Carnation Industries Ltd

  • Initiated in 1982, as Carnation Enterprise Pvt.
  • Ltd, the Company has come to be known as Carnation Industries Limited in 1994.
  • The Company initially started off as a merchant exporter firm and made a gradual shift into manufacturing by the mid-eighties and today has three Grey Iron foundries and one Ductile Iron unit in West Bengal.
  • Apart from being certified by SGS (India) Ltd for systems approval & specific product approvals, Carnation is also India's first Conventional Grey Iron foundry to be certified ISO 9002:1994 by KPMG (USA).
  • Currently it holds the BS EN ISO 9001:2000 certificate from BSI (UK).

About Krishanveer Forge Ltd

  • Krishanveer Forge Limited was formerly incorporated as Rajkumar Forge Limited in year 1990.
  • However, the name of the Company was changed to Krishanveer Forge Limited on August 25, 2022.
  • The Company is engaged in manufacturing and selling steel open die forgings for the oil, gas, power, iron, steel, sugar, cement, chemical, fertilizers, general engineering and other allied industries in both the domestic and the international markets. The Company's principal products include forgings, steel forgings and forged articles, finished machined parts, and ferrous waste and scrap.
  • It also manufactures mill roller shafts, gear shafts, tail bars, gear rings and blanks for the sugar industry; table rolls, pinions, spindles, rolls for slab and continuous caster, blooming mill and hot rolling mill rolls, elongator rolls, wobblers and gearing components for the steel industry, and kiln and mill rollers, pinions and pinion shafts, axles, tie rods and location bearings for the cement industry.

FAQs for the comparison of Carnation Industries Ltd and Krishanveer Forge Ltd

Which company has a larger market capitalization, Carnation Industries Ltd or Krishanveer Forge Ltd?

Market cap of Carnation Industries Ltd is 30 Cr while Market cap of Krishanveer Forge Ltd is 137 Cr

What are the key factors driving the stock performance of Carnation Industries Ltd and Krishanveer Forge Ltd?

The stock performance of Carnation Industries Ltd and Krishanveer Forge Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Carnation Industries Ltd and Krishanveer Forge Ltd?

As of May 4, 2026, the Carnation Industries Ltd stock price is INR ₹88.6. On the other hand, Krishanveer Forge Ltd stock price is INR ₹125.9.

How do dividend payouts of Carnation Industries Ltd and Krishanveer Forge Ltd compare?

To compare the dividend payouts of Carnation Industries Ltd and Krishanveer Forge Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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