In the present work, the mechanical behavior of Zircaloy-4 subjected to various deformation strains by multiaxial forging (MAF) at cryogenic temperature (CT) was investigated. The alloy was strained up to different number of cycles, viz., 6 cycles, 9 cycles, and 12 cycles at cumulative strains of 2.96, 4.44, and 5.91, respectively. The mechanical properties of the alloy were investigated by performing the universal tensile test and the Vickers hardness test. Both the test showed improvement in the ultimate tensile strength and hardness value by 51% and 26%, respectively, at the highest cumulative strain of 5.91. The electron backscattered diffraction (EBSD) measurement and transmission electron microscopy (TEM) were used for analyzing the deformed microstructure. The microstructures of the alloy underwent deformation at various cumulative strains/cycles showed grain refinement with the evolution of shear and twin bands that were highest for the alloy deformed at the highest number of cycles. The effective grain refinement was due to twins formation and their intersection, which led to the improvement in mechanical properties of the MAFed alloy, as observed in the present work. © 2015 Elsevier B.V.