ALFA Finder| Management target | Revenue 25.0% FY29 |
|---|
| Revenue growth | ₹8,000Cr target by FY29, representing 22-25% CAGR over three years. |
|---|---|
| Margins | EBITDA margin improved to 17.96%; targeting 20% ROCE by FY28. |
| Order book | New wins of ₹278Cr (Automobile) and ₹15Cr (Metro Railways) in Q1. |
| Demand visibility | Strong visibility for next 7 quarters across PV, EV, and exports. |
| Management confidence | High; 'best period for RKFL has just started' with strong demand. |
Growth
Revenue ₹1,217Cr (flat QoQ, +19.8% YoY); EBITDA ₹218.47Cr (+47% YoY); PAT ₹46.88Cr (+297% YoY).
Outlook
Targeting ₹8,000Cr revenue by FY29 (22-25% CAGR); ₹350Cr Capex for FY27; Net debt reduction of ₹500Cr this year.
Risks
Geopolitical conflicts in West Asia causing shipping delays, working capital pressure, and potential energy price volatility.
Last quarter's promises, checked
Delivered
- Guided 17.1% EBITDA margin → delivered 17.96% (= BEAT)
- Guided ₹400-500Cr debt reduction → targeting ₹500Cr (= BEAT)
- Guided ₹300-400Cr Capex for FY27 → budgeted ₹350Cr (= BEAT)
Partly delivered
- Guided ₹4,238Cr revenue growth → delivered ₹1,217Cr in Q1 (on track for ₹8,000Cr FY29 target) (= PARTIAL)
Investor Presentation filed with BSE, NSE: RKFORGE. Summary written with AI assistance from the document.
Ramkrishna Forgings Ltd: key numbers
- Share price
- ₹764.70
- Market cap
- ₹13,828 Cr
- Revenue (annual)
- ₹4,238 Cr
- Net profit (annual)
- ₹71.80 Cr
- P/E (TTM)
- 74.0×Sector 51.9×
- Promoter holding
- 40.93%-2.46% QoQ
- FII holding
- 17.05%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ramkrishna Forgings Ltd
All →Ramkrishna Forgings Promoter Buying: ₹3.63 Cr
Promoter Riddhi Portfolio bought 50,000 Ramkrishna Forgings shares on the NSE for Rs 3.63 Crore on November 8, 2026. Promoter holding rises from 34.15% to 34.18%.
- Value
- ₹3.63 Cr
- Promoter stake change
- +0.03%
Ramkrishna Forgings Promoter Buying: ₹6.98 Cr
Promoter Riddhi Portfolio bought 1,00,000 Ramkrishna Forgings shares via NSE market purchase worth Rs.6.98 Crore. Promoter stake rises from 34.10% to 34.15%.
- Value
- ₹6.98 Cr
- Promoter stake change
- +0.05%
Ramkrishna Forgings Promoter Buying
Riddhi Portfolio, a promoter group entity, bought 1,00,000 Ramkrishna Forgings shares in the open market on 6 November 2026. Promoter group holding rose from 40.93% to 40.98%.
- Promoter stake change
- +0.05%
Ramkrishna Forgings Capital Structure Change
Ramkrishna Forgings will invest Rs.56.76 Crore in subsidiary Ramkrishna Titagarh Rail Wheels via equity, in tranches. Funds support the Chennai forged-wheel plant; holding stays at 51%.
- Value
- ₹56.76 Cr
Ramkrishna Forgings Acquisition Worth ₹56.76 Cr
Ramkrishna Forgings will invest Rs.56.76 Crore in cash, in tranches, into its 51% subsidiary Ramkrishna Titagarh Rail Wheels. The funds support a Chennai forged wheel plant.
- Value
- ₹56.76 Cr
- Execution
- One or more tranches; no indicative completion period stated
- forged wheel manufacturing capacity
- 228000 wheels per annum
Ramkrishna Forgings Management Change
Ramkrishna Forgings appointed Subir Chakraborty and Anurag Vohra as Non-Executive Independent Directors for five-year terms, effective 30 October 2026. The appointments add two independent members to the board.
- Execution
- 60 months (term of appointment for each director)