Ramkrishna Forgings Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
Concerns
- Premium to sector peers (P/E 111x vs industry 41.7x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| MARUTI Maruti Suzuki India Limited | ₹12,694 | ₹4.0L Cr | 27.8 | 3.72 | 14.3 | 18.9 | 0 |
| M&M Mahindra & Mahindra Limited | ₹3,170 | ₹3.9L Cr | 20.6 | 4.23 | 20.3 | 15.1 | 1.53 |
| BAJAJ-AUTO Bajaj Auto Limited | ₹11,919 | ₹3.3L Cr | 27.8 | 8.58 | 29.2 | 28.2 | 0.58 |
| EICHERMOT Eicher Motors Limited | ₹7,631 | ₹2.1L Cr | 36 | 8.34 | 24 | 30.5 | 0.02 |
| TVSMOTOR TVS Motor Company Limited | ₹4,133 | ₹2.0L Cr | 56.8 | 20.56 | 33.6 | 17.4 | 3.89 |
| HYUNDAI Hyundai Motor India Limited | ₹2,205 | ₹1.8L Cr | 36.2 | 8.96 | 29.9 | 38.4 | 0.05 |
| MOTHERSON Samvardhana Motherson International Limited | ₹161 | ₹1.7L Cr | 37.1 | 4.14 | 11.2 | 13.4 | 0.53 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
RKFORGE · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 43.15% | 43.17% | 43.17% | 43.17% | 43.16% | 43.12% |
| FII | 23.59% | 24.54% | 23.76% | 24.26% | 24.04% | 24.48% |
| DII | 3.62% | 3.69% | 4.27% | 5.12% | 5.41% | 6.00% |
| Public | 29.58% | 28.53% | 28.72% | 27.43% | 27.37% | 26.27% |
| Others | 0.08% | 0.08% | 0.08% | 0.01% | 0.02% | 0.13% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026
Interim Dividend - Re 1 Per Share
Interim Dividend - Re 1 Per Share
Interim Dividend - Re 1 Per Share
Record: 1 Nov 2024
Annual General Meeting
Interim Dividend - Re 1 Per Share
Interim Dividend - Re 1 Per Share
Annual General Meeting
Latest News
All newsRamkrishna Forgings holds 44th Annual General Meeting
*Ramkrishna Forgings holds 44th Annual General Meeting.* The company submitted the Scrutinizer's report of the AGM held on **August 29, 2026**, to the exchange. Voting results from the meeting have also been disclosed. This is a routine regulatory update with no immediate market-moving developments. 📊 *STOCKS:* $RKFORGE | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #AGM
Ramkrishna Forgings shares email link for annual report
*Ramkrishna Forgings shares email link for annual report* details with shareholders lacking registered email IDs. The company has sent a web-link to access the **Annual Report 2023-24**. This is a routine compliance update. No financial or operational impact is expected. 📊 *STOCKS:* RKFORGE | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CorporateUpdate
Ramkrishna Forgings promoter reclassified to public category
*Ramkrishna Forgings promoter reclassified to public category.* The company received a No-Objection Letter for reclassifying a promoter group member from **Promoter and Promoter Group** to **Public** category. This move may lead to slight changes in shareholding pattern disclosures. No immediate financial impact is expected. 📊 *STOCKS:* $RKFORGE | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #PromoterReclassification
Ramkrishna Forgings publishes notice in newspaper
*Ramkrishna Forgings publishes notice in newspaper* as part of regulatory compliance. The filing is a routine disclosure and does not contain any financial or operational update. Such notices are standard for corporate announcements under listing norms. No immediate market-moving information was revealed. 📊 *STOCKS:* $RKFORGE | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CorporateFiling
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.2K Cr 10.7% | ₹1.1K Cr 21.0% | ₹908 Cr 10.5% | ₹1.0K Cr 7.2% | ₹947 Cr 11.8% | ₹1.1K Cr 1.9% | ₹1.1K Cr 9.9% | ₹959 Cr |
| Op. Profit | ₹203 Cr 25.3% | ₹162 Cr 37.3% | ₹118 Cr 16.9% | ₹142 Cr 44.9% | ₹98 Cr 22.2% | ₹126 Cr 23.6% | ₹165 Cr 2.4% | ₹169 Cr |
| OPM | 17.0% 13.3% | 15.0% 15.4% | 13.0% 7.1% | 14.0% 40.0% | 10.0% 16.7% | 12.0% 25.0% | 16.0% 11.1% | 18.0% |
| Net Profit | ₹56 Cr 300.0% | ₹14 Cr 240.0% | ₹-10 Cr 183.3% | ₹12 Cr 94.0% | ₹200 Cr 852.4% | ₹21 Cr 85.0% | ₹140 Cr 154.5% | ₹55 Cr |
| EPS (₹) | 3.08 310.7% | 0.75 244.2% | -0.52 180.0% | 0.65 94.1% | 11.04 851.7% | 1.16 85.0% | 7.72 154.8% | 3.03 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.2K Cr 5.1% | ₹4.0K Cr 8.9% | ₹3.7K Cr 16.0% | ₹3.2K Cr 37.6% | ₹2.3K Cr 80.0% | ₹1.3K Cr 6.0% | ₹1.2K Cr 37.0% | ₹1.9K Cr 29.5% | ₹1.5K Cr 61.9% | ₹921 Cr |
| Expenses | ₹3.6K Cr 3.9% | ₹3.5K Cr 18.5% | ₹2.9K Cr 17.3% | ₹2.5K Cr 38.7% | ₹1.8K Cr 69.2% | ₹1.1K Cr 5.7% | ₹1.0K Cr 34.8% | ₹1.5K Cr 28.5% | ₹1.2K Cr 58.6% | ₹758 Cr |
| Op. Profit | ₹627 Cr 11.8% | ₹561 Cr 27.5% | ₹774 Cr 11.5% | ₹694 Cr 34.0% | ₹518 Cr 131.3% | ₹224 Cr 7.2% | ₹209 Cr 45.9% | ₹386 Cr 33.6% | ₹289 Cr 77.3% | ₹163 Cr |
| OPM | 15.0% 7.1% | 14.0% 33.3% | 21.0% 4.5% | 22.0% 0.0% | 22.0% 29.4% | 17.0% 0.0% | 17.0% 15.0% | 20.0% 5.3% | 19.0% 5.6% | 18.0% |
| Other Income | ₹2 Cr 98.2% | ₹109 Cr 202.8% | ₹36 Cr 800.0% | ₹4 Cr 300.0% | ₹1 Cr 80.0% | ₹5 Cr 16.7% | ₹6 Cr 100.0% | ₹3 Cr 25.0% | ₹4 Cr 42.9% | ₹7 Cr |
| Interest | ₹212 Cr 26.9% | ₹167 Cr 13.6% | ₹147 Cr 20.5% | ₹122 Cr 25.8% | ₹97 Cr 19.8% | ₹81 Cr 1.3% | ₹80 Cr 4.8% | ₹84 Cr 15.1% | ₹73 Cr 6.4% | ₹78 Cr |
| Depreciation | ₹333 Cr 22.9% | ₹271 Cr 5.4% | ₹257 Cr 27.2% | ₹202 Cr 19.5% | ₹169 Cr 44.4% | ₹117 Cr 3.3% | ₹121 Cr 0.0% | ₹121 Cr 42.4% | ₹85 Cr 13.3% | ₹75 Cr |
| PBT | ₹84 Cr 63.6% | ₹231 Cr 43.1% | ₹406 Cr 8.6% | ₹374 Cr 47.8% | ₹253 Cr 690.6% | ₹32 Cr 113.3% | ₹15 Cr 91.8% | ₹184 Cr 36.3% | ₹135 Cr 694.1% | ₹17 Cr |
| Tax % | 15.0% 118.8% | -80.0% 385.7% | 28.0% 17.6% | 34.0% 54.5% | 22.0% 37.1% | 35.0% 2.9% | 34.0% 2.9% | 35.0% 16.7% | 30.0% 9.1% | 33.0% |
| Net Profit | ₹72 Cr 82.7% | ₹415 Cr 42.6% | ₹291 Cr 17.3% | ₹248 Cr 25.3% | ₹198 Cr 842.9% | ₹21 Cr 110.0% | ₹10 Cr 91.7% | ₹120 Cr 26.3% | ₹95 Cr 763.6% | ₹11 Cr |
| EPS (₹) | 3.95 82.8% | 22.93 42.3% | 16.11 3.8% | 15.52 25.6% | 12.36 858.1% | 1.29 118.6% | 0.59 92.0% | 7.36 26.5% | 5.82 646.2% | 0.78 |
| Div Payout | 25.0% 177.8% | 9.0% 25.0% | 12.0% 7.7% | 13.0% 7.1% | 14.0% | 0.0% | 0.0% 100.0% | 4.0% 33.3% | 3.0% 88.5% | 26.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹36 Cr 0.0% | ₹36 Cr 0.0% | ₹36 Cr 12.5% | ₹32 Cr 0.0% | ₹32 Cr 0.0% | ₹32 Cr 3.0% | ₹33 Cr 0.0% | ₹33 Cr 0.0% | ₹33 Cr 13.8% | ₹29 Cr |
| Reserves | ₹3.3K Cr 8.4% | ₹3.0K Cr 15.5% | ₹2.6K Cr 101.4% | ₹1.3K Cr 23.3% | ₹1.0K Cr 22.9% | ₹851 Cr 0.9% | ₹843 Cr 0.4% | ₹840 Cr 15.7% | ₹726 Cr 65.0% | ₹440 Cr |
| Borrowings | ₹2.4K Cr 15.2% | ₹2.1K Cr 76.1% | ₹1.2K Cr 9.5% | ₹1.3K Cr 17.6% | ₹1.6K Cr 31.2% | ₹1.2K Cr 24.2% | ₹993 Cr 8.9% | ₹912 Cr 7.9% | ₹845 Cr 11.7% | ₹957 Cr |
| Other Liabilities | ₹1.4K Cr 4.3% | ₹1.4K Cr 4.1% | ₹1.4K Cr 32.2% | ₹1.1K Cr 37.1% | ₹785 Cr 33.7% | ₹587 Cr 62.6% | ₹361 Cr 13.4% | ₹417 Cr 7.7% | ₹452 Cr 4.4% | ₹433 Cr |
| Total Liabilities | ₹7.2K Cr 9.7% | ₹6.5K Cr 24.1% | ₹5.3K Cr 41.0% | ₹3.7K Cr 7.2% | ₹3.5K Cr 28.8% | ₹2.7K Cr 21.2% | ₹2.2K Cr 1.3% | ₹2.2K Cr 7.1% | ₹2.1K Cr 10.7% | ₹1.9K Cr |
Assets | ||||||||||
| Fixed Assets | ₹3.8K Cr 25.7% | ₹3.0K Cr 23.2% | ₹2.4K Cr 43.4% | ₹1.7K Cr 14.9% | ₹1.5K Cr 18.8% | ₹1.2K Cr 5.5% | ₹1.2K Cr 5.5% | ₹1.1K Cr 3.5% | ₹1.1K Cr 5.1% | ₹1.0K Cr |
| CWIP | ₹337 Cr 32.3% | ₹498 Cr 130.6% | ₹216 Cr 137.4% | ₹91 Cr 29.5% | ₹129 Cr 53.3% | ₹276 Cr 26.0% | ₹219 Cr 68.5% | ₹130 Cr 195.5% | ₹44 Cr 12.0% | ₹50 Cr |
| Investments | ₹241 Cr 26.8% | ₹190 Cr 52.0% | ₹125 Cr | ₹0 Cr 100.0% | ₹55 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other Assets | ₹2.8K Cr 0.9% | ₹2.8K Cr 14.3% | ₹2.5K Cr 28.0% | ₹1.9K Cr 6.8% | ₹1.8K Cr 53.6% | ₹1.2K Cr 42.0% | ₹836 Cr 12.6% | ₹957 Cr 2.2% | ₹936 Cr 19.5% | ₹783 Cr |
| Total Assets | ₹7.2K Cr 9.7% | ₹6.5K Cr 24.1% | ₹5.3K Cr 41.0% | ₹3.7K Cr 7.2% | ₹3.5K Cr 28.8% | ₹2.7K Cr 21.2% | ₹2.2K Cr 1.3% | ₹2.2K Cr 7.1% | ₹2.1K Cr 10.7% | ₹1.9K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹840 Cr 2445.5% | ₹33 Cr 94.7% | ₹621 Cr 16.6% | ₹745 Cr 1632.6% | ₹43 Cr 69.3% | ₹140 Cr 44.9% | ₹254 Cr 4.9% | ₹267 Cr 110.2% | ₹127 Cr 11.8% | ₹144 Cr |
| Investing CF | ₹-929 Cr 1.9% | ₹-912 Cr 18.4% | ₹-1.1K Cr 273.6% | ₹-299 Cr 15.5% | ₹-354 Cr 59.5% | ₹-222 Cr 3.9% | ₹-231 Cr 9.1% | ₹-254 Cr 130.9% | ₹-110 Cr 2.8% | ₹-107 Cr |
| Financing CF | ₹235 Cr 67.5% | ₹722 Cr 15.5% | ₹625 Cr 242.7% | ₹-438 Cr 256.4% | ₹280 Cr 90.5% | ₹147 Cr 768.2% | ₹-22 Cr 83.3% | ₹-12 Cr 29.4% | ₹-17 Cr 54.1% | ₹-37 Cr |
| Net Cash Flow | ₹146 Cr 193.0% | ₹-157 Cr 221.7% | ₹129 Cr 1512.5% | ₹8 Cr 125.8% | ₹-31 Cr 147.7% | ₹65 Cr 6400.0% | ₹1 Cr 0.0% | ₹1 Cr | ₹0 Cr 100.0% | ₹-1 Cr |
| Free Cash Flow | ₹-39 Cr 95.8% | ₹-932 Cr 2762.9% | ₹35 Cr 91.0% | ₹390 Cr 252.3% | ₹-256 Cr 181.3% | ₹-91 Cr 437.0% | ₹27 Cr 107.7% | ₹13 Cr 13.3% | ₹15 Cr 55.9% | ₹34 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 68d 22.7% | 88d 4.8% | 84d 5.6% | 89d 36.4% | 140d 13.6% | 162d 57.3% | 103d 7.3% | 96d 23.8% | 126d 28.4% | 176d |
| Inventory Days | 211d 8.3% | 230d 11.1% | 207d 9.2% | 228d 9.2% | 251d 0.4% | 252d 3.1% | 260d 98.5% | 131d 14.4% | 153d 32.6% | 227d |
| Days Payable | 193d 2.0% | 197d 1.0% | 199d 0.0% | 199d 7.4% | 215d 13.3% | 248d 60.0% | 155d 40.9% | 110d 28.6% | 154d 48.3% | 298d |
| Cash Conv. Cycle | 86d 28.9% | 121d 33.0% | 91d 22.9% | 118d 33.0% | 176d 6.0% | 166d 20.2% | 208d 77.8% | 117d 6.4% | 125d 19.0% | 105d |
| Working Capital Days | 13d 31.6% | 19d 64.8% | 54d 42.1% | 38d 17.4% | 46d 666.7% | 6d 700.0% | -1d 105.0% | 20d 25.0% | 16d 124.6% | -65d |
| ROCE | 6.0% 14.3% | 7.0% 58.8% | 17.0% 10.5% | 19.0% 26.7% | 15.0% 150.0% | 6.0% 20.0% | 5.0% 68.8% | 16.0% 14.3% | 14.0% 100.0% | 7.0% |
Source: Screener.in · Lower days = better efficiency