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Ramkrishna Forgings Limited (RKFORGE.NS)

INR563.50 +9.65 (+1.74%)
IN NSE Industrials Manufacturing - Tools & Accessories
Address Ramkrishna Chambers 700017
Kolkata, IN
CEO Naresh Jalan
IPO 2004-05-05
ISIN INE399G01023

Explore sections of this company profile

Also trades on Bombay Stock Exchange · RKFORGE.BO (INR) National Stock Exchange of India · RKFORGE.NS (INR)
Description

Established in 1981 and headquartered in Kolkata, India, Ramkrishna Forgings Limited stands as a prominent manufacturer and global supplier of a wide array of open and closed die forgings. The company's products are crafted from various materials, including carbon steel, alloy steel, micro alloy steel, and stainless steel. Its operations are primarily divided into two segments: Forging Components, which represents its core manufacturing business, and "Others," which encompasses services such as tour and travel. RKFL's extensive product portfolio features a comprehensive range of forged parts essential for heavy machinery and industrial applications. This includes critical components like crown wheels/ring gears, crankshafts, connecting rods, knuckles, and axle shafts, alongside structural elements such as I beams, wheel hubs, yokes, and various brackets and flanges. The company also produces specialized items like track links, hammer bars, and diverse gears and carriers. Beyond forgings, Ramkrishna Forgings also supplies railway-specific products, including screw couplings, bolster suspensions, side frame keys, and draw gear assemblies. The company's products serve a broad spectrum of industries globally, including automotive, earth moving and mining, agricultural equipment, general engineering, railways, steel production, and oil exploration, catering to both industrial clients and Original Equipment Manufacturers (OEMs).

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR563.50 +9.65 (+1.74%)
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Volume Profile
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Liquidity & share structure
Average Volume
610.3K
Beta
0.34
Float Shares
86.82M
Free Float %
48.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.57% -0.15% +0.51% +2.59% +4.01% +8.21% -7.30% +45.79% +323.95% +626.79% +7,290.34%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
563.50
Ratings Trend (MoM) 17% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 3 0
Sell 0 0
Strong Sell 2 +1
Quality scores
Altman Z-Score
2.36
Grey zone
Piotroski F-Score
4 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Manufacturing - Tools & Accessories: +4.1%
    +5.1% Q1'26: +28.5% (vs Q1'25)
  • EPS growth Manufacturing - Tools & Accessories: +12.8%
    -78.5% Q1'26: +24.3% (vs Q1'25)
  • FCF margin FCF growth · Manufacturing - Tools & Accessories: +37.4%
    +7.7% Q1'26: -40.3% (vs Q1'25)
  • EBIT margin Manufacturing - Tools & Accessories: +9.1%
    +7.3% Q1'26: +6.4% (vs Q1'25)
  • ROIC Manufacturing - Tools & Accessories: +5.8%
    +4.8% Q1'26: +5.3% (vs Q1'25)
  • Share dilution Manufacturing - Tools & Accessories: +0.3%
    +0.5% Q1'26: +0.7% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Manufacturing - Tools & Accessories: -0.48×
    3.81× Q1'26: 3.68× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.41) × ERP
WACC = 81% × Ke + 19% × Kd (8.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 563.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2006
actual
Mar 2007
actual
Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
2 Rev. Ana.
2 EPS Ana.
Mar 2027
2 Rev. Ana.
2 EPS Ana.
Mar 2028
3 Rev. Ana.
3 EPS Ana.
Revenue
923.52M
est: 989.42M (-6.7%)
1.52B
est: 1.50B (+0.8%)
7.52B
est: 6.92B (+8.7%)
9.11B
est: 9.14B (-0.3%)
9.21B
est: 8.48B (+8.5%)
14.91B
est: 13.93B (+7.0%)
19.31B
est: 18.48B (+4.5%)
12.16B
est: 11.62B (+4.7%)
12.89B
est: 16.88B (-23.6%)
23.20B
est: 21.33B (+8.8%)
31.93B
est: 28.98B (+10.2%)
37.05B
est: 40.68B (-8.9%)
40.34B
est: 38.04B (+6.1%)
36.18B
34.00B – 39.20B
-4.9% YoY
41.82B
41.03B – 42.61B
+15.6% YoY
46.32B
41.91B – 52.70B
+10.8% YoY
EBITDA
190.52M
est: 188.68M (+1.0%)
286.81M
est: 189.43M (+51.4%)
1.33B
est: 1.09B (+21.5%)
1.83B
est: 907.57M (+101.6%)
1.61B
est: 633.94M (+153.9%)
2.87B
est: 552.96M (+418.6%)
3.83B
est: 2.17B (+76.8%)
2.11B
est: 1.43B (+47.2%)
2.23B
est: 936.51M (+137.9%)
5.16B
est: 1.35B (+283.5%)
6.98B
est: 1.58B (+342.8%)
7.64B
est: 7.58B (+0.7%)
5.39B
est: 7.17B (-24.9%)
6.75B
6.34B – 7.31B
-6.0% YoY
7.80B
7.65B – 7.94B
+15.6% YoY
8.64B
7.81B – 9.83B
+10.8% YoY
EBIT
160.55M
est: 119.46M (+34.4%)
245.24M
est: 232.61M (+5.4%)
1.01B
est: 1.06B (-4.7%)
1.30B
est: 1.43B (-9.1%)
870.19M
est: 1.17B (-25.5%)
2.03B
est: 1.43B (+42.0%)
2.63B
est: 2.66B (-1.2%)
919.45M
est: 1.69B (-45.7%)
1.07B
est: 676.78M (+58.0%)
3.48B
est: 972.60M (+257.6%)
5.03B
est: 1.14B (+341.4%)
5.16B
est: 4.83B (+6.9%)
2.99B
est: 4.57B (-34.6%)
4.30B
4.04B – 4.66B
-6.0% YoY
4.97B
4.87B – 5.06B
+15.6% YoY
5.50B
4.98B – 6.26B
+10.8% YoY
Net Income
85.09M
est: 1.14B (-92.6%)
138.79M
est: 129.23M (+7.4%)
754.09M
est: 588.23M (+28.2%)
545.40M
est: 1.04B (-47.4%)
112.17M
est: 491.16M (-77.2%)
949.26M
est: 184.60M (+414.2%)
1.20B
est: 1.24B (-3.3%)
96.96M
est: 774.11M (-87.5%)
206.68M
est: 71.37M (+189.6%)
1.98B
est: 102.56M (+1,830.8%)
2.48B
est: 120.06M (+1,966.6%)
2.91B
est: 3.44B (-15.3%)
4.15B
est: 3.94B (+5.4%)
811.74M
737.02M – 886.47M
-79.4% YoY
3.93B
3.32B – 4.53B
+383.7% YoY
5.13B
4.13B – 6.13B
+30.6% YoY
SGA
est: 60.60M (-100.0%)
est: 214.36M (-100.0%)
505.80M
est: 438.40M (+15.4%)
812.80M
est: 1.86B (-56.2%)
871.02M
est: 1.82B (-52.2%)
954.12M
est: 3.29B (-71.0%)
1.06B
est: 3.13B (-66.1%)
1.04B
est: 676.39M (+53.2%)
982.15M
est: 1.71B (-42.5%)
1.34B
est: 2.45B (-45.3%)
1.67B
est: 2.87B (-41.7%)
2.01B
est: 3.65B (-45.1%)
2.64B
est: 4.93B (-46.4%)
3.25B
3.05B – 3.52B
-34.1% YoY
3.75B
3.68B – 3.83B
+15.6% YoY
4.16B
3.76B – 4.73B
+10.8% YoY
EPS
0.59
est: 6.32 (-90.7%)
1.83
est: 9.49 (-80.7%)
5.57
est: 3.08 (+80.8%)
3.90
est: 5.36 (-27.3%)
0.78
est: 1.93 (-59.5%)
6.05
est: 7.08 (-14.5%)
7.37
est: 7.88 (-6.4%)
0.59
est: 1.06 (-44.1%)
1.29
est: -0.20 (+745.0%)
12.39
est: 9.87 (+25.6%)
15.52
est: 14.73 (+5.3%)
16.79
est: 19.80 (-15.2%)
18.33
est: 21.33 (-14.1%)
4.40
4.05 – 4.88
-79.4% YoY
21.60
18.27 – 24.93
+390.9% YoY
27.95
22.70 – 33.72
+29.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-27 C 2/5 1/5 2/5 3/5 2/5 1/5 2/5
2026-05-26 C 2/5 1/5 2/5 3/5 2/5 1/5 2/5
2026-05-25 C 2/5 1/5 2/5 3/5 2/5 1/5 2/5
2026-05-22 C 2/5 1/5 2/5 3/5 2/5 1/5 2/5
2026-05-21 C 2/5 1/5 2/5 3/5 2/5 1/5 2/5
2026-05-20 C 2/5 1/5 2/5 3/5 2/5 1/5 2/5
2026-05-19 C 2/5 1/5 2/5 3/5 2/5 1/5 2/5
2026-05-18 C 2/5 1/5 2/5 3/5 2/5 1/5 2/5
2026-05-15 C+ 2/5 1/5 2/5 3/5 2/5 1/5 3/5
2026-05-14 C+ 2/5 1/5 2/5 3/5 2/5 1/5 3/5
2026-05-13 C+ 2/5 1/5 2/5 3/5 2/5 1/5 3/5
2026-05-12 C+ 2/5 1/5 2/5 3/5 2/5 1/5 3/5
2026-05-11 C+ 2/5 1/5 2/5 3/5 2/5 1/5 3/5
2026-05-08 C+ 2/5 1/5 2/5 3/5 2/5 1/5 3/5
2026-05-07 C+ 2/5 1/5 2/5 3/5 2/5 1/5 3/5
2026-05-06 C+ 2/5 1/5 2/5 3/5 2/5 1/5 3/5
2026-05-05 C+ 2/5 1/5 2/5 3/5 2/5 1/5 3/5
2026-05-04 C+ 2/5 1/5 2/5 3/5 2/5 1/5 3/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-5.27B
OE per share TTM
-29.45
Owner's Yield
-5.14%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
80.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 5 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.01% 1.75M 0.06%
2 Vanguard FTSE Emerging Markets ETF VWO 0.00% 6.21M 0.06%
3 Vanguard ESG International Stock ETF VSGX 0.00% 89.4K 0.10%
4 Vanguard Total International Stock ETF VXUS 0.00% 6.91M 0.05%
5 Vanguard Total World Stock ETF VT 0.00% 360.3K 0.06%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives

Executive team data is not available for this company yet.

EBIT / Employee
1.21M
Shares Outstanding
181.03M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

ESG Score History

No data available for this company.

Company data will be available after the next weekly refresh.
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings reports

Stock splits