Ramkrishna Forgings Ltd

Ramkrishna Forg. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ramkrishna Forgings Ltd

₹ 650 -1.00%
13 Jun - close price
ramkrishnaforgings.com BSE: 532527 NSE: RKFORGE
About

Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coaches and engineering parts. [1][2] It is the 2nd largest forging player in India.[3]

Key Points

Leadership[1]

<h1>2nd Largest Forging Company in India</h1>
Website BSE NSE
  • Market Cap ₹ 11,768 Cr.
  • Current Price ₹ 650
  • High / Low ₹ 1,064 / 553
  • Stock P/E 38.8
  • Book Value ₹ 166
  • Dividend Yield 0.31 %
  • ROCE 6.50 %
  • ROE 10.7 %
  • Face Value ₹ 2.00
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Pros

Cons

  • Stock is trading at 3.91 times its book value
  • Company has low interest coverage ratio.
  • Tax rate seems low
  • Dividend payout has been low at 11.2% of profits over last 3 years
  • Promoter holding has decreased over last 3 years: -3.11%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Automobile and Auto Components Auto Components Auto Components & Equipments

Part of BSE 500 Nifty 500 BSE SmallCap Nifty Smallcap 100 BSE Allcap

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
683 651 763 752 835 836 865 903 896 868 952 968 810
532 507 592 586 647 648 667 695 724 685 741 859 720
Operating Profit 151 144 170 166 188 188 198 208 172 183 212 108 89
OPM % 22% 22% 22% 22% 23% 22% 23% 23% 19% 21% 22% 11% 11%
0 1 1 1 2 5 3 2 14 7 103 3 10
Interest 26 26 28 30 32 34 37 36 30 30 32 37 43
Depreciation 46 47 50 49 56 57 59 63 66 56 53 56 74
Profit before tax 79 72 93 89 102 101 105 110 90 105 229 17 -18
Tax % -9% 34% 31% 35% 35% 24% 25% 25% 36% 30% 20% 12% -1,277%
87 47 64 58 67 77 80 82 58 73 183 15 208
EPS in Rs 5.41 2.95 3.99 3.59 4.18 4.81 4.84 4.55 3.20 4.04 10.10 0.84 11.47
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
426 743 894 881 1,435 1,807 1,112 1,288 2,285 3,001 3,490 3,634
368 615 717 722 1,150 1,426 907 1,057 1,758 2,332 2,694 3,145
Operating Profit 58 127 178 159 285 380 205 231 528 669 796 489
OPM % 14% 17% 20% 18% 20% 21% 18% 18% 23% 22% 23% 13%
2 13 3 8 4 3 6 4 2 4 23 122
Interest 23 31 53 76 70 80 76 77 94 116 137 147
Depreciation 25 31 53 75 84 121 120 116 169 201 244 241
Profit before tax 13 78 75 16 134 182 14 41 266 356 437 224
Tax % 34% 5% 27% 33% 29% 35% 33% 33% 22% 34% 25% -80%
8 75 55 11 95 119 10 28 206 236 326 402
EPS in Rs 0.65 5.44 3.83 0.76 5.81 7.31 0.59 1.75 12.89 14.73 18.04 22.18
Dividend Payout % 31% 7% 10% 26% 3% 4% 0% 0% 13% 14% 11% 9%
Compounded Sales Growth
10 Years: 17%
5 Years: 27%
3 Years: 17%
TTM: 4%
Compounded Profit Growth
10 Years: 16%
5 Years: 99%
3 Years: 14%
TTM: -7%
Stock Price CAGR
10 Years: 20%
5 Years: 78%
3 Years: 59%
1 Year: -13%
Return on Equity
10 Years: 12%
5 Years: 14%
3 Years: 14%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 26 27 29 29 33 33 33 32 32 32 36 36
Reserves 297 384 443 441 727 840 844 858 1,062 1,293 2,636 2,974
504 720 863 936 823 881 955 1,209 1,604 1,267 891 1,656
185 275 300 406 430 395 347 581 738 1,040 1,231 1,197
Total Liabilities 1,013 1,406 1,634 1,812 2,012 2,150 2,179 2,680 3,437 3,632 4,794 5,863
234 524 939 1,016 1,068 1,106 1,167 1,233 1,466 1,685 1,918 2,447
CWIP 347 316 35 50 44 130 216 272 125 85 175 350
Investments 7 7 7 19 19 19 19 19 74 19 374 461
425 560 653 725 882 895 777 1,156 1,772 1,842 2,326 2,606
Total Assets 1,013 1,406 1,634 1,812 2,012 2,150 2,179 2,680 3,437 3,632 4,794 5,863

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
28 49 109 144 125 273 251 126 39 778 636 101
-292 -273 -172 -108 -110 -254 -225 -226 -353 -297 -958 -755
275 210 64 -37 -15 -17 -26 164 279 -471 440 502
Net Cash Flow 11 -14 1 -1 0 2 0 64 -36 10 118 -152

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 98 129 116 163 120 94 99 159 140 88 79 95
Inventory Days 252 169 209 227 153 131 258 245 242 220 214 213
Days Payable 164 129 137 274 148 104 149 244 203 193 200 190
Cash Conversion Cycle 186 169 188 116 125 121 208 160 179 115 93 118
Working Capital Days 113 116 117 107 101 87 116 159 164 101 88 106
ROCE % 5% 10% 10% 7% 14% 16% 5% 6% 15% 18% 19% 6%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
46.24% 46.27% 46.27% 46.27% 46.27% 47.41% 43.15% 43.17% 43.17% 43.17% 43.16% 43.12%
13.56% 14.52% 14.00% 14.80% 16.34% 18.13% 23.59% 24.54% 23.76% 24.26% 24.04% 24.48%
4.93% 4.54% 4.71% 4.76% 4.20% 3.74% 3.62% 3.69% 4.27% 5.12% 5.41% 6.00%
35.11% 34.52% 34.88% 34.02% 33.05% 30.62% 29.58% 28.53% 28.72% 27.43% 27.37% 26.27%
0.17% 0.16% 0.15% 0.15% 0.13% 0.10% 0.08% 0.08% 0.08% 0.01% 0.02% 0.13%
No. of Shareholders 56,63861,90658,68260,13766,24283,35885,63783,39696,22389,58595,35798,142

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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