Ramkrishna Forgings
531.40
-2.95(-0.55%)
Market Cap₹- Cr
PE Ratio-
IndustryAutomobiles
Company Performance:
1D-0.55%
1M-0.53%
6M-10.00%
1Y-45.19%
5Y+466.77%
View Company Insightsright
More news about Ramkrishna Forgings
12Nov 25
Ramkrishna Forgings: Board Approves Rs 199.92 Crore Preferential Warrant Issue to Promoter
Ramkrishna Forgings Limited has approved issuing up to 34,00,000 convertible warrants to promoter Chaitanya Jalan at Rs 588.00 per warrant, totaling Rs 199.92 crores. The conversion period is 18 months, subject to shareholder approval. Additionally, Ramkrishna Rail Infrastructure Private Limited (RRIPL), a promoter group entity, has requested reclassification from promoter group to public category shareholder. RRIPL currently holds 3.59% of equity shares and cites lack of involvement in business operations and management as reasons for reclassification. The board will consider this request at their meeting on November 12, 2025.
08Nov 25
Ramkrishna Forgings Receives NCLT Approval for Subsidiary Amalgamation Scheme
Ramkrishna Forgings Limited's amalgamation scheme has been approved by the NCLT Kolkata Bench. The scheme involves merging Mal Metalliks Private Limited and Multitech Auto Private Limited with Ramkrishna Casting Solutions Limited. The NCLT has directed notices to be served to statutory authorities, who have 30 days to file representations. A hearing is scheduled for November 24 for further proceedings. The company has made the tribunal order available on its website for transparency.
05Sept 25
NCLT Approves Amalgamation Scheme for Ramkrishna Forgings' Subsidiaries
The NCLT Kolkata Bench has approved Ramkrishna Forgings Limited's First Motion Application for amalgamating three wholly-owned subsidiaries: Mal Metalliks Private Limited, Multitech Auto Private Limited, and Ramkrishna Casting Solutions Limited. The approval, dated September 3, 2025, dispenses with stakeholder meetings due to high consent levels. The appointed date for amalgamation is January 1, 2024. The company must notify regulatory authorities within two weeks. This marks a significant step in Ramkrishna Forgings' corporate restructuring, potentially improving operational efficiency.
05Sept 25
Ramkrishna Forgings Reports 14% Decline in North American Class 8 Truck Orders
Ramkrishna Forgings, an automotive components manufacturer, reports a 14% year-over-year decrease in North American Class 8 truck orders for August. The company forecasts a 15% decline for the 2025 cycle, indicating a prolonged period of weak demand in the heavy truck market segment. This downturn could potentially impact Ramkrishna Forgings' order book and production volumes in upcoming quarters.
14Aug 25
Ramkrishna Forgings Allots 9.75 Lakh Warrants Worth Rs 204.75 Crore to Promoter Entity
Ramkrishna Forgings Limited has allotted 9,75,000 warrants to its promoter entity, Riddhi Portfolio Private Limited, at Rs 2,100 per warrant. The total consideration is Rs 204.75 crore, with an upfront payment of Rs 51.19 crore. Each warrant is convertible into one equity share within 18 months of allotment. The allotment follows approvals from the Board, shareholders, and stock exchanges. This move could potentially increase the promoter's stake and provide additional capital for the company.
08Aug 25
Ramkrishna Forgings Q1 Profit Dips to Rs 12.00 Crores Amid Challenges, Eyes Margin Recovery
Ramkrishna Forgings Limited reported a significant decline in Q1 profit, with PAT dropping to Rs 12.00 crores from Rs 55.00 crores year-on-year, despite a 6% increase in consolidated revenues to Rs 1,015.00 crores. EBITDA margin decreased by 300 basis points to 14.6%. The company faced challenges including decreased realization, changes in export-domestic mix, U.S. tariff costs, and forex losses. However, Ramkrishna Forgings secured new orders worth Rs 660.00 crores and expects gradual margin recovery. The company plans to reduce net debt by Rs 300.00-400.00 crores this fiscal year and is expanding capacity with new press lines and ventures into the castings business.
06Aug 25
Ramkrishna Forgings Eyes 15-20% Volume Growth in H2, Driven by New Capacity
Ramkrishna Forgings anticipates 15-20% volume growth in the second half due to production capacity expansion. Projects are expected to be operational between late September and mid-October, boosting facility utilization. The company projects growth of Rs 15,000 to Rs 20,000 crore, with Europe identified as a key export market. Recent quarterly results show mixed performance: revenue up 6% to Rs 1015.26 crore, but EBITDA down 12% to Rs 147 crore, and net profit falling 78% to Rs 12 crore. Shares closed 0.95% lower at Rs 574.10.
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
531.40
-2.95
(-0.55%)
1 Year Returns:-45.19%
Industry Peers
Shivam Autotech
27.58
(+2.00%)
Rolex Rings
105.96
(+3.90%)
Kross
165.97
(-0.31%)
Thaai Casting
104.50
(-1.88%)
Uniparts
488.80
(-0.40%)
OBSC Perfection
320.80
(-2.15%)
Exide Industries
380.35
(+2.07%)
Hindustan Composites
424.15
(-0.20%)