Ramkrishna Forgings Limited RKFORGE NIFTY_SMALLNSEINFRA
Company Overview
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. It operates in two segments, Forging Components and Others. 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, transmission gear and shaft, crown wheel, pinion, differential case and case cover, differential gear and pinion, spindle, rear axle shaft, spider, helical gear, tube flange and shaft, and tube yoke products. 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, and bolton and weldable king pin products; as well as engages in the sanitization and cargo, and tour and travel businesses. The company offers its products for various industries and sectors, including automotive, earth moving and mining, farm equipment, power, construction, general engineering, railways, and oil and gas, as well as for original equipment manufacturers. Ramkrishna Forgings Limited was incorporated in 1981 and is headquartered in Kolkata, India.
Why Investors Should Care
Revenue has grown at a 14.0% CAGR over the past five years.
Recent Developments
- Mar 2026 Revenue of ₹4,238.08 Cr (+5.1% YoY); net profit ₹71.80 Cr.
- Trailing 12 Months Year-on-year growth — revenue +5.1%, earnings -82.7%.
- 5-Year Trend Long-term compounding — revenue CAGR 14.0%, profit CAGR -33.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 14.02% |
| 1 Year: | 5.06% |
Compounded Profit Growth
| 5 Years: | -33.86% |
| 1 Year: | -82.70% |
Stock Price Performance
| 1 Year: | -17.50% |
| 6 Months: | +12.30% |
| 3 Months: | +5.50% |
| 1 Month: | -4.46% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMAAbove
- RSI (14)45.81 · Neutral
P/E of 142.47 is above the sector median of 29.60 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 14.0% over 5 years.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 142.5.
- Earnings shrank at -33.9% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | RKFORGE Ramkrishna Forgings Limited NIFTY_SMALLNSEINFRA | 562.75 | 142.47 | ₹10,223.51 Cr | 0.35% | 5.83% | 2.18% | 14.02% | -33.86% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,849.40 | 32.93 | ₹5.30 L Cr | 0.96% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,834.20 | 31.50 | ₹4.23 L Cr | 0.42% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 410.75 | 56.42 | ₹3.00 L Cr | 1.05% | 31.88% | 25.27% | 16.63% | 26.64% |
| 5 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,463.30 | 32.75 | ₹2.98 L Cr | 0.44% | 13.80% | 22.21% | 7.87% | 16.08% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 5,202.50 | -84.07 | ₹2.01 L Cr | 0.24% | 4.02% | -34.31% | 16.59% | -227.40% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,535.50 | 64.97 | ₹1.53 L Cr | 1.17% | 34.95% | 27.87% | 16.07% | 24.35% |
| 8 | ABB ABB India Limited NSEAIINFRA | 6,951.50 | 88.30 | ₹1.47 L Cr | 0.58% | 28.45% | 21.29% | 15.41% | 17.97% |
| 9 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 33,005.00 | 148.92 | ₹1.47 L Cr | 0.02% | 24.92% | 19.09% | 22.24% | 119.12% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 892.00 Cr | 892.00 Cr | 899.00 Cr | 996.00 Cr | 974.00 Cr | 959.00 Cr | 1,054.00 Cr | - | 947.21 Cr | 1,015.26 Cr | 907.53 Cr | 1,098.52 Cr | 1,216.78 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 542.73 Cr | 564.00 Cr | 494.86 Cr | 657.56 Cr | 692.50 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 404.49 Cr | 451.26 Cr | 412.67 Cr | 440.96 Cr | 524.28 Cr |
| Operating Expenses | 698.00 Cr | 700.00 Cr | 699.00 Cr | 776.00 Cr | 786.00 Cr | 791.00 Cr | 888.00 Cr | - | 390.68 Cr | 382.32 Cr | 370.51 Cr | 361.99 Cr | 404.54 Cr |
| Operating Income | 138.00 Cr | 135.00 Cr | 139.00 Cr | 152.00 Cr | 116.00 Cr | 107.00 Cr | 105.00 Cr | - | 13.81 Cr | 68.94 Cr | 42.16 Cr | 78.97 Cr | 119.74 Cr |
| EBITDA | 194.00 Cr | 192.00 Cr | 200.00 Cr | 220.00 Cr | 188.00 Cr | 169.00 Cr | 165.00 Cr | - | 109.69 Cr | 145.57 Cr | 123.45 Cr | 153.61 Cr | 204.62 Cr |
| Interest Expense | 34.00 Cr | 36.00 Cr | 38.00 Cr | 39.00 Cr | 34.00 Cr | 36.00 Cr | 39.00 Cr | - | 48.64 Cr | 48.59 Cr | 53.34 Cr | 51.10 Cr | 57.32 Cr |
| Pretax Income | 106.00 Cr | 104.00 Cr | 109.00 Cr | 117.00 Cr | 100.00 Cr | 80.00 Cr | 151.00 Cr | - | -23.65 Cr | 17.32 Cr | -10.27 Cr | 18.11 Cr | 58.86 Cr |
| Tax Provision | 38.16 Cr | 24.96 Cr | 26.16 Cr | 29.25 Cr | 34.00 Cr | 25.60 Cr | 10.57 Cr | - | -223.48 Cr | 5.53 Cr | -77.43 L | 4.54 Cr | 2.92 Cr |
| Net Income | 68.00 Cr | 79.00 Cr | 82.00 Cr | 87.00 Cr | 66.00 Cr | 55.00 Cr | 140.00 Cr | - | 199.83 Cr | 11.79 Cr | -9.50 Cr | 13.56 Cr | 55.94 Cr |
| Diluted EPS | 4.28 | 4.91 | 5.00 | 4.80 | 3.66 | 3.03 | 7.72 | - | 11.04 | 0.65 | -0.53 | 0.75 | 3.07 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 754.00 Cr | 908.00 Cr | 921.00 Cr | 1,491.00 Cr | 1,931.00 Cr | 1,216.00 Cr | 1,289.00 Cr | - | 2,859.42 Cr | 3,338.84 Cr | 4,034.11 Cr | 4,238.08 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 1,944.60 Cr | 2,284.94 Cr | 2,245.51 Cr | 2,408.91 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 914.83 Cr | 1,053.90 Cr | 1,788.60 Cr | 1,829.16 Cr |
| Operating Expenses | 623.00 Cr | 727.00 Cr | 758.00 Cr | 1,202.00 Cr | 1,545.00 Cr | 1,008.00 Cr | 1,065.00 Cr | - | 470.64 Cr | 565.81 Cr | 1,500.33 Cr | 1,519.35 Cr |
| Operating Income | 99.00 Cr | 128.00 Cr | 88.00 Cr | 204.00 Cr | 265.00 Cr | 88.00 Cr | 107.00 Cr | - | 444.18 Cr | 488.10 Cr | 288.27 Cr | 309.81 Cr |
| EBITDA | 131.00 Cr | 181.00 Cr | 163.00 Cr | 289.00 Cr | 386.00 Cr | 209.00 Cr | 224.00 Cr | - | 662.49 Cr | 751.12 Cr | 584.83 Cr | 627.25 Cr |
| Interest Expense | 32.00 Cr | 55.00 Cr | 78.00 Cr | 73.00 Cr | 84.00 Cr | 80.00 Cr | 81.00 Cr | - | 86.41 Cr | 96.37 Cr | 165.86 Cr | 210.34 Cr |
| Pretax Income | 79.00 Cr | 75.00 Cr | 17.00 Cr | 135.00 Cr | 184.00 Cr | 15.00 Cr | 32.00 Cr | - | 374.44 Cr | 397.53 Cr | 147.69 Cr | 84.01 Cr |
| Tax Provision | 3.95 Cr | 20.25 Cr | 5.61 Cr | 40.50 Cr | 64.40 Cr | 5.10 Cr | 11.20 Cr | - | 126.33 Cr | 114.65 Cr | -183.86 Cr | 12.22 Cr |
| Net Income | 75.00 Cr | 55.00 Cr | 11.00 Cr | 95.00 Cr | 120.00 Cr | 10.00 Cr | 21.00 Cr | - | 248.11 Cr | 291.21 Cr | 415.03 Cr | 71.80 Cr |
| Diluted EPS | 5.49 | 3.81 | 0.78 | 5.82 | 7.36 | 0.59 | 1.29 | - | 15.43 | 17.14 | 22.95 | 3.95 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 1,442.00 Cr | 1,685.00 Cr | 1,858.00 Cr | 2,056.00 Cr | 2,201.00 Cr | 2,230.00 Cr | 2,703.00 Cr | - | 3,730.44 Cr | 5,257.81 Cr | 6,557.29 Cr | 7,177.95 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 1,850.39 Cr | 2,323.54 Cr | 2,507.55 Cr | 2,447.75 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 44.53 Cr | 173.13 Cr | 16.03 Cr | 162.23 Cr |
| Inventory | - | - | - | - | - | - | - | - | 906.91 Cr | 1,049.95 Cr | 1,254.29 Cr | 1,246.15 Cr |
| Receivables | - | - | - | - | - | - | - | - | 775.22 Cr | 849.94 Cr | 975.35 Cr | 794.93 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 2,408.67 Cr | 2,623.93 Cr | 3,519.92 Cr | 3,887.55 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 1,470.21 Cr | 1,553.20 Cr | 2,274.98 Cr | 2,131.68 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 757.59 Cr | 766.65 Cr | 1,082.69 Cr | 1,615.57 Cr |
| Total Debt | 735.00 Cr | 882.00 Cr | 957.00 Cr | 845.00 Cr | 912.00 Cr | 993.00 Cr | 1,233.00 Cr | - | 1,333.40 Cr | 1,206.53 Cr | 2,126.50 Cr | 2,448.77 Cr |
| Total Equity | 410.00 Cr | 471.00 Cr | 469.00 Cr | 759.00 Cr | 873.00 Cr | 876.00 Cr | 883.00 Cr | - | 1,321.76 Cr | 2,633.88 Cr | 3,037.37 Cr | 3,290.40 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 15.99 Cr | 18.08 Cr | 18.10 Cr | 18.17 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 44.00 Cr | 104.00 Cr | 144.00 Cr | 127.00 Cr | 267.00 Cr | 254.00 Cr | 140.00 Cr | - | 745.28 Cr | 621.06 Cr | 32.54 Cr | 839.75 Cr |
| Investing Cash Flow | -272.00 Cr | -169.00 Cr | -107.00 Cr | -110.00 Cr | -254.00 Cr | -231.00 Cr | -222.00 Cr | - | -299.19 Cr | -1,117.45 Cr | -911.72 Cr | -928.59 Cr |
| Financing Cash Flow | 214.00 Cr | 67.00 Cr | -37.00 Cr | -17.00 Cr | -12.00 Cr | -22.00 Cr | 147.00 Cr | - | -437.74 Cr | 625.00 Cr | 722.07 Cr | 235.04 Cr |
| Capital Expenditure | -291.00 Cr | -171.00 Cr | -110.00 Cr | -112.00 Cr | -254.00 Cr | -227.00 Cr | -231.00 Cr | - | -356.75 Cr | -588.73 Cr | -976.87 Cr | -925.10 Cr |
| Free Cash Flow | -247.00 Cr | -67.00 Cr | 34.00 Cr | 15.00 Cr | 13.00 Cr | 27.00 Cr | -91.00 Cr | - | 388.53 Cr | 32.33 Cr | -944.32 Cr | -85.35 Cr |
| Net Change in Cash | -14.00 Cr | 1.00 Cr | -1.00 Cr | 0 | 1.00 Cr | 1.00 Cr | 65.00 Cr | - | 8.35 Cr | 128.60 Cr | -157.10 Cr | 146.20 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 32.0% | 31.6% | 44.3% | 43.2% |
| Operating Margin % | 13.1% | 14.1% | 9.6% | 13.7% | 13.7% | 7.2% | 8.3% | - | 15.5% | 14.6% | 7.1% | 7.3% |
| Net Margin % | 9.9% | 6.1% | 1.2% | 6.4% | 6.2% | 0.8% | 1.6% | - | 8.7% | 8.7% | 10.3% | 1.7% |
| ROE % | 18.3% | 11.7% | 2.3% | 12.5% | 13.7% | 1.1% | 2.4% | - | 18.8% | 11.1% | 13.7% | 2.2% |
| ROCE % | - | - | - | - | - | - | - | - | 19.7% | 13.2% | 6.7% | 6.1% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for RKFORGE
RKFORGE Forecast — Price Target — Prediction for 2027 - TradingView
<a href="https://news.google.com/rss/articles/CBMiekFVX3lxTE9tc3ZtNlVPY0d2ZVdraG1ra2R6cXByVjhoVndTUUl1Vl9YYXlWbkRFTUtfd3NsZkc5OWQ2RlZNajJ1UEpYb0wtUjhQM1J4d0JjVXFWY3hpRDA4bEN6TS1mQmdIbXBCMU5mQUhkTC14c3NOX3h5azEyVlF3?oc=5" target="_blank">RKF…
Are Ramkrishna Forgings Limited's (NSE:RKFORGE) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness? - simplywall.st
<a href="https://news.google.com/rss/articles/CBMi3wFBVV95cUxNdlFnOGFWVHJXeDVwazk1QmFOZ2V1RWVQZ2NacHpfLTRGZTRSNUJOaU1qb1h6UF9ucFdDajU1ZkMxMXVRZksza2o3ejY4LXhKR3VMN2VRWThZODNFUFk4VVREZkZSUVVDNWtBNjVOQXRrX3hVZ2VPNnBsdndaUXFCMDRqS0pNeHRYalhEZF…
Ramkrishna Forgings Limited (NSE:RKFORGE) Looks Interesting, And It's About To Pay A Dividend - simplywall.st
<a href="https://news.google.com/rss/articles/CBMi3wFBVV95cUxNQ3VzLXdRZXAyWk9kV0ZhTjhxbEMzZ0lUUkRpSHNoTDhCeUpCeEJ4bHhGVFI5YTRWVmRfYzVuSktxS1lSVjZRMlFPMHRpQUNUTW14RWxiSlhGQXR0WkRZVWgwQ24xTW9Xd3RfVUNYUEVXODcteUNaUHFLbjJPNzBtQ1ZPLXVLVHdaU0pUS0…
Ramkrishna Forgings Ltd. Share Price Today - Ramkrishna Forgings Ltd. Stock Price Live NSE/BSE - CNBC TV18
<a href="https://news.google.com/rss/articles/CBMihwFBVV95cUxOTWhKSXk5T3VqeUx0S0hKcmxaZnEyWGYxVl9aZTdacXhnYU9aMWpYNDkzRGd6czZLOFZtcnVwb2Ywb0xDZExFcmpHbWR6YjU2SmhLcW9BeVM0QUhuZTk3dnNjWXlsVFFVLUFXY0hCRTNjXy1FRkJrUDBRY0l5WENNTm81TUhHRDQ?oc=5" …
Ramkrishna Forgings Limited's (NSE:RKFORGE) market cap surged ₹12b last week, private companies who have a lot riding on the company were rewarded - simplywall.st
<a href="https://news.google.com/rss/articles/CBMi3wFBVV95cUxPUDZuSnFDaUNybHAtck9hZ2RSeXh2a3VtUXMwQWh6blBZaThlOXZtSEwxOEkyYUJiVTAwVFFMVW5EdDdRRFJadDN0YnA4REdOZUdUell5ZmJKbWJHQXVDazZJSzFzcEV1b0ltMzVGTm5ZZ2hVV2hwVlpuWHY1X1lsQkJkVGtYVjRJWG9KMF…
Ramkrishna Forgings Reports Q2 FY26 Results: Net Profit Declines Amid Challenging Market Conditions - scanx.trade
<a href="https://news.google.com/rss/articles/CBMi6gFBVV95cUxOZVM1TFBMclVBTmRyalJLTUtaWl9lOU1VU2gxbjhWRmsxbW5RSjVsQVRrN0hrb1JVdDB6c0pDR2Z1c09PTDRPU2xEQTBrMmJaeWdMT3FkTEJ4akE0YW1UVnlYNnBKN0pQQV92YUZjN3JXMDhIdkxmVXlfYy16V2dTRVIwY2x0V1ZZYXdvRn…
RKFORGE — Frequently Asked Questions
What is the current share price of Ramkrishna Forgings Limited (RKFORGE)?
As of 2026-07-15 09:52 IST, Ramkrishna Forgings Limited (RKFORGE) trades at ₹562.75 on NSE. Its 52-week range is ₹461.96 to ₹682.15.
What is the market capitalisation of RKFORGE?
Ramkrishna Forgings Limited (RKFORGE) has a market capitalisation of ₹10,223.51 Cr on NSE.
What is the P/E ratio of RKFORGE?
RKFORGE trades at a trailing price-to-earnings (P/E) ratio of 142.47. The industry average P/E is 29.60. Its price-to-book (P/B) ratio is 3.11.
Does RKFORGE pay a dividend?
Ramkrishna Forgings Limited (RKFORGE) currently offers a dividend yield of 0.35%.
What is the return on equity (ROE) of RKFORGE?
RKFORGE has a return on equity (ROE) of 2.18%. Its return on capital employed (ROCE) is 5.83%.
Is RKFORGE a good stock to buy?
This page provides a data-driven analysis of Ramkrishna Forgings Limited (RKFORGE), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.