Ramkrishna Forgings
532.75
-7.05(-1.31%)
Market Cap₹9,644.40 Cr
PE Ratio28.35
IndustryAutomobiles
Company Performance:
1D-1.31%
1M-5.72%
6M-32.47%
1Y-47.24%
5Y+732.03%
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More news about Ramkrishna Forgings
04Aug 25
Ramkrishna Forgings Unveils Growth Strategy: EV Focus, Margin Improvement, and Debt Reduction
Ramkrishna Forgings is developing aluminum forging capabilities for the EV market with a new 3,000 tonne press facility. The company projects 15-20% volume growth and aims to improve EBITDA margins to 21-22% standalone and 20-21% consolidated by Q4 FY26 or Q1 FY27. It plans to reduce net debt by Rs 300-400 crores by FY26 end. The company is investing in a rail wheel joint venture with a total project cost of Rs 2,000 crores. Ramkrishna Forgings has received approval from Indian Railways for assembled undercarriage for passenger vehicles, with a Rs 60 crores development order to be fulfilled by March 2026.
04Aug 25
Ramkrishna Forgings Reports 78% Drop in Net Profit Despite Revenue Growth
Ramkrishna Forgings, a leading forged components manufacturer, reported a 78% decline in quarterly net profit to ₹118.00 million, down from ₹547.00 million in the previous year. Revenue increased by 5.8% to ₹10.15 billion. EBITDA fell by 11.8% to ₹1.49 billion, with the EBITDA margin decreasing by 298 basis points to 14.64%. Despite the profit decline, the company showed improved operational efficiency with a 44.60% increase in operating profit to ₹142.00 crore quarter-over-quarter, and an operating profit margin rise of 361 basis points to 13.98%.
01Aug 25
Ramkrishna Forgings Reports 6% Revenue Growth in Q1 FY26, Reshuffles Board Committees
Ramkrishna Forgings Limited announced its Q1 FY26 results, showing a 6% year-on-year increase in consolidated revenue to ₹101,526.00 lakhs. EBITDA margin expanded by 298 basis points to 14.6%. The company secured new orders worth ₹683.00 crores, including ₹502.00 crores for exports. Production volume reached 44,170 tons with 69% capacity utilization. The Board approved key decisions including re-appointments and committee changes. Despite challenges, the company remains optimistic about future performance and diversification.
01Aug 25
Ramkrishna Forgings Reports 6% Revenue Growth in Q1 Amid Challenging Market Conditions
Ramkrishna Forgings Limited announced Q1 financial results with consolidated revenue of ₹101,525.59 lakhs, up 6% year-over-year. EBITDA margin improved to 14.6%, a 298 basis points increase. Net profit decreased to ₹1,178.63 lakhs. The company secured new orders worth ₹683.00 crore across automotive, non-automotive, and railway segments. Production reached 46,473 MT with 69% capacity utilization. Management expects margin improvements in the second half of the year.
27May 25
Ramkrishna Forgings to Hold Board Meeting for Q4 Results and Fund Raising
Ramkrishna Forgings Limited has scheduled a board meeting for May 30 to consider Q4 results and discuss potential fund-raising plans through share or bond issuance. The meeting outcomes could significantly impact the company's stock performance and investor sentiment, providing insights into its financial health and future growth strategies.
29Apr 25
Ramkrishna Forgings Shares Plunge 4.8% Amid Inventory Discrepancy Disclosure
Ramkrishna Forgings' shares fell 4.8% after disclosing inventory discrepancies that could reduce net worth by 4-5%. The company has initiated a forensic audit by external agencies. Managing Director Naresh Jalan took moral responsibility, and promoters pledged to fund any resulting shortfall. Based on March 2024 financials, the potential impact could be ₹106.90 to ₹133.63 crore on the company's total equity of ₹2,672.60 crore.
28Apr 25
Ramkrishna Forgings Shares Plummet 10% Amid Inventory Discrepancies
Ramkrishna Forgings Ltd shares fell up to 10% after the company revealed inventory discrepancies during its annual verification. The auto components manufacturer estimates a 4-5% impact on its net worth. An external agency has been appointed to investigate. Promoters have pledged to protect stakeholder interests and fund potential adverse impacts.
28Mar 25
Ramkrishna Forgings Boosts Annual Capacity by 14,250 MT with Rs 40.85 Crore Investment
Ramkrishna Forgings Limited has expanded its production capacity by initiating commercial production of two new upsetters on March 27, 2025. The expansion, costing Rs 40.85 crore, increases annual capacity by 14,250 Metric Tonnes. The company's total production capacity now stands at 243,400 MT for Hot & Warm Forgings and 25,000 MT for Cold Forgings. This expansion, financed through equity and debt, aims to meet growing customer demand, following a high capacity utilization of 87.22% as of December 31, 2024.
Ramkrishna Forgings
532.75
-7.05
(-1.31%)
1 Year Returns:-47.24%
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