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Investor Presentation

Ramkrishna Forgings Investor Presentation: Key Takeaways

Ramkrishna Forgings Q1 FY27 consolidated revenue grew 19.8% YoY to ₹1,217 crores, with PAT surging 297% to ₹46.88 crores. Management is shifting focus from Capex to sweating assets and margin expansion.

Guidance and delivery
Management target Revenue 25.0% FY29
Highlights
Revenue growth₹8,000Cr target by FY29, representing 22-25% CAGR over three years.
MarginsEBITDA margin improved to 17.96%; targeting 20% ROCE by FY28.
Order bookNew wins of ₹278Cr (Automobile) and ₹15Cr (Metro Railways) in Q1.
Demand visibilityStrong visibility for next 7 quarters across PV, EV, and exports.
Management confidenceHigh; '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)
Source

Investor Presentation filed with BSE, NSE: RKFORGE. Summary written with AI assistance from the document.

Read the document ↗

Ramkrishna Forgings Ltd: key numbers

Share price
₹704.50
Market cap
₹12,739 Cr
Revenue (annual)
₹4,238 Cr
Net profit (annual)
₹71.80 Cr
P/E (TTM)
119.2×Sector 53.6×
Promoter holding
43.39%+0.06% QoQ
FII holding
20.43%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Ramkrishna Forgings Ltd

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16:36 IST BSE
Promoter Buying (Off-Market)

Ramkrishna Forgings Promoter Buying (Off-Market): ₹199.9 Cr

Promoter and Director Chaitanya Jalan acquired 34,00,000 equity shares via preferential conversion of warrants for ₹199.92 Crore. This reflects his increased equity stake in the company.

Value
₹199.9 Cr
Promoter stake change
+1.80%
16:30 IST BSE
Capital Structure Change

Ramkrishna Forgings Capital Structure Change

Promoter Chaitanya Jalan acquired 34,00,000 equity shares of Ramkrishna Forgings Ltd upon the conversion of warrants.

10:09 IST BSE
Capital Structure Change

Ramkrishna Forgings Capital Structure Change

Ramkrishna Forgings Limited allotted 34,00,000 equity shares through a preferential issue at Rs. 588 per share. The transaction raised Rs. 199.92 Crore from a single investor, expanding the paid-up capital.

Value
₹199.9 Cr
13:52 IST BSE
Capital Structure Change

Ramkrishna Forgings Capital Structure Change

Ramkrishna Forgings allotted 34,00,000 shares to promoter Mr. Chaitanya Jalan on warrant conversion. The company received Rs.149.94 Crore as balance consideration, raising paid-up capital.

Value
₹149.9 Cr
16:58 IST BSE
Promoter Reclassification

Ramkrishna Forgings Promoter Reclassification

Ramkrishna Forgings has reclassified MAA Chandi Financial Advisory Services Private Limited from the 'Promoter' category to the 'Public' category following shareholder approval.

16:49 IST BSE
Annual General Meeting

Ramkrishna Forgings Annual General Meeting

Ramkrishna Forgings Limited announced the postal ballot results approving the reclassification of Maa Chandi Financial Advisory Services Private Limited from promoter to public category.