Ramkrishna Forgings Limited share price
NSE: RKFORGE · ISIN INE399G01023
Key numbers
- Market cap
- ₹ 13,048 Cr
- Current price
- ₹ 704.50
- 52-week high / low
- ₹ 773 / 460
- Stock P/E
- 121.1
- Book value
- ₹ 181.8
- Dividend yield
- 0.28%
- ROCE
- 4.3%
- ROE
- 2.3%
- Debt to equity
- 0.74
- Sales growth (3 yrs)
- 10.5%
- Profit growth (3 yrs)
- -33.9%
- 1-year return
- 25.4%
About Ramkrishna Forgings Limited
Ramkrishna Forgings Limited engages in the manufacture and sale of forged components for automobiles, railway wagons and coaches, and engineering parts in India and internationally. The company's products portfolio includes beam, knuckle, steering arm, tie-rod-arm, sector shaft, front hub, crankshaft, camshaft, connecting rod, piston, pitman arm, BC lever assembly, mounting bracket, yoke, UJ cross, wheel coupling, transmission gear and shaft, crown wheel, pinion, differential case and case cover, differential gear and pinion, spindle, rear axle shaft, spider, tube flange and shaft, tube yoke, input cold forged shaft, and aluminium forgings. It also offers bucket, backhoe bucket, shovel, track line and roller, bucket tooth, pivot pin, prop shaft, and bearing centre products; and wing nut, valve bonet, T-bolt socket joint, and tooth crusher hammer products. In addition, the company provides bogie frame and bolster, screw coupling, hanger, draw gear assembly, anti roll bar assembly, control arm support, center pivot pin, centering disc, traction center, and guide products. Further, it offers tractor-trailer products, such as trailer axle, air and mechanical suspension, landing leg,…
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 1,015 | 908 | 1,099 | 1,217 | 1,217 |
| Operating profit | 149 | 123 | 163 | 208 | 218 |
| Net profit | 12 | -10 | 14 | 56 | 47 |
| EPS (₹) | 0.65 | -0.53 | 0.75 | 3.09 | 2.58 |
Concall summary (2026-07-30)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- So, this year what we are looking at somewhere between 12% to 15% ROCE this we will end, and next year in FY28 we will target 20% ROCE.
- 30 crores from our side will go, and total guidance for the capex in this year is somewhere around Rs.
Growth & demand
- 1,217 crores, which is flat quarter-on-quarter, and it has registered a growth of 19.84% year-on- year.
- 11.7 crores year-on-year, reflecting a growth of 172% and 297%, respectively.
Margins & costs
- 218.47 crores, that is up by 47% year-on-year and 5% quarter-on-quarter, while EBITDA margin improved to 17.96% from 17.11% in the previous quarter, reflecting better operating leverage and improved product mix.
- So, our gross margin has increased by 535 basis points Q-on-Q, but our EBITDA margin has grown by 85 basis points Q-on-Q.
Capex & expansion
- So that production has started coming and still the plant is work-in-progress in terms of overall capacity ramp-up, you will see gradual increase in production from casting plant, casting capacity over the next three quarters.
- It is safe to say that we will have almost 75% to 80% of capacity utilization before needing our next capex.
Balance sheet & cash
- So, last quarter, if you remember INR1,990 crores was the net debt, and it is Rs.
- 500 crore of leverage in this financial year and we are on track of that.
Peers in Metal Fabrication
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