Ramkrishna Forgings Ltd Share Price

Q: What is the share price of Ramkrishna Forgings Ltd today?

Ramkrishna Forgings Ltd share price as on 5 Feb 2025 is ₹0

Forgings - Large

NSE: RKFORGE Small Cap ISIN: INE399G01023

As on 05 February 2025 at 09:22 IST

₹-

+ 0.00

(0.00%)

Sell Buy

About Ramkrishna Forgings Ltd

Ramkrishna Forgings Limited is a manufacturer of forged and machined components. It primarily serves the automotive and railway sectors. The company was founded in 1981. Ramkrishna Forgings has established itself over many decades as a significant player in the manufacturing industry. The headquarters of the company is in Kolkata, West Bengal. The company specializes in producing spindles, crankshafts, crown wheels, and transmission parts. Their product portfolio extends to components for mining, earth-moving equipment, and oil & gas industries. The company operates in the Auto Components sector of the manufacturing industry. Read More...

Over 1 Month

-17.11%

Over 6 Months

-11.12%

Over 1 Year

-0.79%

Over 3 Years

299.71%

Ramkrishna Forgings Ltd Summary

Close -

Open -

High -

Low -

Volume -

Net Turnover (in ₹ Cr) ₹ 36.29

52Wk High ₹ 1,064.05

52Wk Low ₹ 602.05

52Wk High / Low

602.05

1,064.05

Ramkrishna Forgings Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 13,586.78

EPS (TTM) 19.93

Book Value (BV) 161.13

Div. Yield 0.27 %

P/E (TTM) 30.72

Price/Book Value 4.66

Delivery % 45.79 %

Face Value 2

Key Ratios

PE Ratio 38.31

PB Ratio 4.67

EV to Sales 3.79

PEG Ratio 1.70

ROA 9.05

ROE 16.31

Debt-Equity 0.54

Net Profit Margin 9.34

Operating Profit Margin 23.45

Ramkrishna Forgings Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	3,983.80	3,196.85	2,321.71	1,294.52	1,223.27
Total Expenses	3,524.06	2,822.41	2,068.51	1,262.78	1,208.47
Profit Before Tax	459.05	374.44	253.20	31.74	14.79
Profit After Tax	341.44	248.11	198.03	20.67	9.70
Operating Profit after Depreciation	611.39	494.64	349.10	111.59	93.54

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	2,428.20	1,692.76	1,473.21	1,240.36	1,174.53
Total Non Current Assets	2,934.27	1,880.04	1,677.14	1,550.68	1,437
Total Current Assets	2,373.76	1,850.39	1,806.50	1,153.72	791.80
TOTAL ASSETS	5,308.03	3,730.44	3,483.63	2,704.41	2,228.79
Total Shareholder's Fund	2,684.10	1,321.76	1,078.39	882.59	876

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	621.06	745.28	43.06	139.53	254.19
Net Cash used in Investing Activities	-1,117.45	-299.19	-354.42	-221.68	-231.25
Net Cash used in Financing Activities	625	-437.74	280.20	146.84	-22.40

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	3,512.94	3,004.77	2,286.97	1,292.99	1,117.84
Total Expenses	3,076.40	2,649.12	2,020.80	1,251.51	1,103.42
Profit Before Tax	436.53	355.65	266.17	41.48	14.41
Profit After Tax	326.07	235.59	206.50	27.96	9.61
Operating Profit after Depreciation	572.81	470.61	359.52	118.26	89.57

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	1,918.44	1,684.89	1,465.64	1,232.71	1,166.54
Total Non Current Assets	2,678.47	1,884.79	1,681.23	1,555.85	1,445.02
Total Current Assets	2,113.64	1,745.81	1,754.89	1,123.39	732.61
TOTAL ASSETS	4,792.11	3,630.59	3,436.12	2,679.23	2,177.63
Total Shareholder's Fund	2,672.56	1,324.92	1,094.08	889.97	876.43

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	636.36	777.76	39.08	126.50	251.16
Net Cash used in Investing Activities	-958.43	-297.27	-353.48	-226.22	-224.93
Net Cash used in Financing Activities	439.92	-470.57	278.84	164.05	-25.90

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	1,073.78	1,053.63	959.48	1,023.26	995.59
Total Expenses	842.33	821.23	755.86	805.99	775.99
Profit Before Tax	129.06	217.60	115.41	128.25	116.58
Profit After Tax	99.61	189.77	80.90	93.85	86.86
Operating Profit after Depreciation	235.09	316.50	214.29	235.84	223.38

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	952.72	952.32	868.46	886.16	902.88
Total Expenses	737.28	740.55	685.23	685.29	695.38
Profit Before Tax	128.15	229.13	104.52	119.88	110.16
Profit After Tax	99.55	182.80	73.08	87.30	82.26
Operating Profit after Depreciation	219.19	211.87	190.44	214.50	209.11

Ramkrishna Forgings Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 739.03

S2 727.17

S3 709.33

Pivot 756.87

R1 768.73

R2 786.57

R3 798.43

Moving Average

20 SMA 860.80

50 SMA 905.32

100 SMA 936.72

200 SMA 888.28

Ramkrishna Forgings Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Ramkrishna Forgings Ltd

₹1/Share

Announcement Date 31 Oct 2024

Record Date 02 Nov 2024

Div Yield 50%

AGM Date: 17 Sep 2022

AGM 17/09/2022 This is further to our intimation dated 21 July, 2022 w.r.t 40th Annual General Meeting of the Company to be held on Saturday, 17 September, 2022 at 11:45 A.M. (I.S.T). Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Register of Members and Share Transfer Books of the Company will remain closed from Saturday, 10 September, 2022 to Saturday, 17 September, 2022 (both days inclusive) for the purpose of AGM and payment of Final Dividend for the Financial Year 2021-22. Further, the Record Date for the purpose of Final Dividend for the Financial Year 2021-22 will be Friday, 9 September, 2022. (As per BSE Announcement Dated on 29/07/2022) This is to bring to your kind notice that the Company has fixed Friday, 9 September, 2022 as the Cut-off date for the purpose of determining the members eligible for voting at the 40th Annual General Meeting of the Company to be held on Saturday, 17 September, 2022 at 11:45 A.M. The Company has appointed KFin Technologies Limited, the Registrar and Share Transfer Agent of the Company for facilitating e-voting through their e-voting platform i.e. https://evoting.kfintech.com. Same is also being made available on the website of the Company at www.ramkrishnaforgings.com. (As Per BSE Announcement Dated on 18.08.2022) Pursuant to the provisions of Regulation 30 read with Schedule II of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed the Notice of the 40th Annual General Meeting of the Company for the Financial Year 2021-22 to be held on Saturday, 17 September, 2022 at 11:45 A.M. (I.S.T). (As Per BSE Announcement Dated on 26.08.2022) Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulations), please find enclosed the summary of the Proceedings of the 40th Annual General Meeting (AGM) of the Company held on Saturday, 17 September 2022 at 11:45 A.M. (I.S.T), through Video Conferencing/Other Audio Visual Means (VC/OAVM). The details of the voting results, will be submitted within the stipulated time period as prescribed. Copy of the same is being also made available on the website of the Company at www.ramkrishnaforgings.com. (As Per BSE Announcement Dated on 17.09.2022) Pursuant to the provisions of Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Details of the Voting Results of the business transacted at the 40th Annual General Meeting (AGM) of the Company held on Saturday, 17 September 2022 at 11:45 A.M. (I.S.T), through Video Conferencing/Other Audio Visual Means (VC/OAVM). Also find enclosed a copy of the Scrutinizer's Report on the remote e-voting and insta-poll pursuant to Section 108 of the Act, read with Rule 20 of the Companies (Management and Administration) Rules, 2014. Copy of the same is being also made available on the website of the Company at www.ramkrishnaforgings.com (As Per BSE Announcement Dated on 19.09.2022) Ramkrishna Forgings Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement Dated on 20.09.2022)

AGM Date: 16 Sep 2023

AGM 16/09/2023 Please be informed that the Board of Directors at its meeting held today i.e. Friday, 28 April, 2023, has inter alia considered and approved the 1. Audited Standalone Financial Results of the Company for the Quarter and Financial Year ended 31 March, 2023. (Enclosed together with Auditor's Report). 2 Audited Consolidated Financial Results of the Company for the Quarter and Financial Year ended 31 March, 2023. (Enclosed together with Auditor's Report). (As Per BSE Announcement dated on 28.04.2023) Intimation of Book Closure and Record date for the purpose of 41st Annual General Meeting of the Company Intimation of Cut-off date for the purpose of 41st Annual General Meeting of the Company (As Per BSE Announcement Dated on 19/08/2023) Intimation of Record date for the purpose of 41st Annual General Meeting of the Company. (As Per BSE Announcement dated on 22.08.2023) Newspaper Publication of Notice of the 41st AGM Notice, Information on remote e-voting and Book Closure (As Per BSE Announcement dated on 24.08.2023) Proceedings of the 41st Annual General Meeting held on Saturday, 16 September, 2023 at 11:45 A.M. (I.S.T) (As per BSE Announcement Dated on 16/09/2023) Disclosure of Voting Results of the 41st Annual General Meeting of the Company and Scrutinizer''s Report (As per BSE Announcement Dated on 18/09/2023)

AGM Date: 31 Aug 2024

Approved toconvene the42d Annual General Meeting (AGM) oftheCompanyfortheFinancial Year 2023-24 on Saturday, 31 August, 2024at11:30 AM. (11.S.T) through Video Conferencing (VC) or Other Audio Visual Means (OAVM) incompliance with the circulars issued by the Ministry of Corporate Affairs ('MCA') and Securities and Exchange Board ofIndia ('SEBI') and otherapplicable laws. The Annual Report forFY 2023-24 andtheNotice ofthe 42^ AGM laying downthemannerfor attending the AGM and to cast votes by shareholders shall be shared withtheStock Exchanges and theMembersinduecoursewithinthestatutorytimelines. 42nd Annual General Meeting of the Company for the financial year 2023-24 will be held on Saturday, 31st August, 2024 at 11:30 A.M (I.S.T) Corrigendum to Notice of 42nd Annual General Meeting (As Per BSE Announcement Dated on: 08/08/2024) Intimation of Book Closure and Cut off date for the purpose of 42nd Annual General Meeting of the Company for the financial year 2023-24. Intimation of Book Closure and Cut off date for the purpose of 42nd Annual General Meeting of the Company for the financial year 2023-24. (As Per BSE Announcement Dated on 16.08.2024)

EGM Date: 12 Oct 2022

(i) Issuance upto 46,00,000 Warrants convertible into 46,00,000 equity shares of Rs. 2 each at a price of Rs. 205/- per Equity Share ('Warrant Exercise Price') aggregating to Rs. 94,30,00,000 to the Promoters Category and Non- Promoters/Public Category (as detailed in Annexure 1), on a preferential basis in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and as amended from time to time ('SEBI ICDR Regulations') subject to approval of the Shareholders at the ensuing Extra Ordinary General Meeting of the Company and other regulatory/governmental authorities, as may be required; (ii)The Board also approved convening of an Extra Ordinary General Meeting (EGM) of the Company on Wednesday, 12 October 2022 at 11:00 A.M. (I.S.T) through Video Conferencing/Other Audio Visual Means (VC/OAVM) to seek approval of the shareholders of the Company for the aforesaid preferential issue. Pursuant to the provisions of Regulation 30 read with Part A of Schedule II of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of the Notice of the Extra Ordinary Meeting (EGM) of the Company to be held on Wednesday, 12 October, 2022 at 11:00 A.M. (I.S.T). The said notice is being sent only through email to the shareholders of the Company at their registered email addresses. The Company has fixed Wednesday, 5 October, 2022 as the 'Cut-off Date' in order to determine the eligibility of the Shareholders (holding shares either in dematerialised form or in physical form) who will be eligible for voting at the forthcoming EGM of the Company. Copy of the same is also being uploaded on the website of the Company at www.ramkrishnaforgings.com. (As Per BSE Announcement Dated on 19.09.2022) Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulations), please find enclosed the summary of the Proceedings of the Extra Ordinary General Meeting (EGM) of the Company held on Wednesday, 12 October, 2022 at 11:00 A.M. (I.S.T), through Video Conferencing/Other Audio Visual Means (VC/OAVM). The details of the voting results, will be submitted within the stipulated time period as prescribed. Pursuant to the provisions of Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the details of the Voting Results of the business transacted at the Extra Ordinary General Meeting (EGM) of the Company held on Wednesday, 12 October, 2022 at 11:00 AM. (I.S.T), through Video Conferencing/Other Audio Visual Means (VC/OAVM). Also find enclosed a copy of the Scrutinizer's Report on the remote e-voting and insta-poll pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014. (As per BSE Announcement Dated on 12/10/2022)

EGM Date: 28 Oct 2023

Board approved Fund Raising upto RS. 1,000 Crores, Conversion of 46,00,000 Warrants into Equity Shares of Face Value of Rs. 2 each and Convening of Extra Ordinary General Meeting on Saturday, 28 October, 2023 at 11:45 A.M. (I.S.T) Intimation of despatch of Notice of Extra Ordinary General Meeting of Shareholders to be held on Saturday, 28 October, 2023. (As per BSE Announcement Dated on 04/10/2023) Cut off Date and E-voting Intimation for Extra Ordinary General Meeting (As Per BSE Announcement Dated on 05/10/2023) Newspaper publication of Notice of the Extra Ordinary General Meeting, information on Remote E-voting and Cut-off date. (As Per BSE Announcement Dated on 06/10/2023) Proceedings of Extra Ordinary General Meeting held on Saturday, 28 October, 2023 (As Per BSE Announcement dated on 28.10.2023) Disclosure of Voting Results of the Extra Ordinary General Meeting of the Company & Scrutinizers Report (As per BSE Announcement Dated on 31/10/2023)

Ramkrishna Forgings Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Ramkrishna Forgings Ltd	₹751.60	₹13,599.45
Bharat Forge Ltd	₹1,171.75	₹56,020.04
AIA Engineering Ltd	₹3,638.40	₹34,317.52
PTC Industries Ltd	₹14,665.30	₹21,974.67
CIE Automotive India Ltd	₹463.90	₹17,598.62
Happy Forgings Ltd	₹1,033.60	₹9,739.08

Ramkrishna Forgings Ltd News

Ramkrishna Forgings Q3 PAT climbs 21% to Rs 100 crore

Ramkrishna Forgings' standalone net profit jumped 21.01% to Rs 99.54 crore on 5.52% rise in revenue from operations to Rs 952.72 crore in Q3 FY25 over Q3 FY24.

20 Jan 2025, 11:27 am

Volumes soar at Ramkrishna Forgings Ltd counter

Ramkrishna Forgings Ltd recorded volume of 120.44 lakh shares by 14:14 IST on NSE, a 43.36 times surge over two-week average daily volume of 2.78 lakh shares

10 Jan 2025, 02:30 pm

Ramkrishna Forgings declare Quarterly Result

On 17 January 2025

09 Jan 2025, 09:48 am

Board of Ramkrishna Forgings recommends 1st interim dividend

Of Rs 1 per share

24 Oct 2024, 08:24 pm

Ramkrishna Forgings to conduct board meeting

On 24 October 2024

19 Oct 2024, 10:15 am

Ramkrishna Forgings Ltd Stock Analysis

Annual revenue for Ramkrishna Forgings Ltd increased by 16.91% to ₹3,512.94 crore in FY 2024 from ₹3,004.77 crore in FY 2023.
Annual Net Profit for Ramkrishna Forgings Ltd increased by 38.40% to ₹326.07 crore in FY 2024 from ₹235.59 crore in FY 2023.
Promoter Shareholding in Ramkrishna Forgings Ltd decreased by 0.01% in the most recent quarter, from 43.17% in September 2024 to 43.16% in December 2024.
Ramkrishna Forgings Ltd delivered a 1-year return of -0.79% compared to the Nifty 50, which provided a return of 9.04% as of the last trading session.
Ramkrishna Forgings Ltd share price moved down by 100.00% from its previous close of INR ₹750.90. The latest Ramkrishna Forgings Ltd share price is INR ₹0.
Ramkrishna Forgings Ltd share price today has been at a low of 756 and a high of 756. Over the past 52 weeks, the Ramkrishna Forgings Ltd share price has seen a low of 602.05 and a high of 1,064.05.

About Ramkrishna Forgings Ltd

Ramkrishna Forgings Limited is a prominent manufacturer of forged and machined gears. The company mainly serves the automotive and railway sectors. It falls under the Auto Components sector within the manufacturing industry.

Established in 1981, Ramkrishna Forgings has been in business for many decades. The company is headquartered in Kolkata, West Bengal, India. The founding promoters are the Jalan family, with Mahabir Prasad Jalan serving as the Chairman. On the other side, Naresh Jalan serves as the Managing Director.
The other managerial promoters of the company include:

Lalit Kumar Khetan
Chaitanya Jalan
Milesh Gandhi

The company's main products include spindles, crankshafts, front axle beams, crown wheels, and transmission parts. They also manufacture components for railways, mining, earth-moving equipment, and oil & gas industries. The company is a significant player in the forging industry. However, it is not the #1 company in terms of market capitalization in the auto components sector.

The promoter shareholding of the company stands at 43.17% of the total equity. This indicates strong promoter confidence in the business. The major promoter shareholding is held by Riddhi Portfolio Private Limited. It owns 33.49% shares of the company.

The registered office of Ramkrishna Forgings Ltd. is located at 23 Circus Avenue, Kolkata - 700017, West Bengal. Its registrar & share transfer agent is KFin Technologies Limited.

The company has multiple manufacturing facilities in Jamshedpur, Jharkhand. Also, it has established a strong presence in both domestic and international markets. The company exports its products to various countries. This includes the USA, the European Union, and Latin America.

International Base of the Company

Ramkrishna Forgings Limited has evolved from a domestic manufacturer to a globally recognized supplier of forged and machined components. The company's journey in international markets represents its commitment to quality, innovation, and customer satisfaction. The company has successfully established a strong foothold in various international markets. This is possible with its state-of-the-art manufacturing facilities in Jamshedpur. The company particularly serves in the automotive and railway sectors.

Global Market Presence
The company has strategically expanded its presence across multiple continents. Its significant operations are in North America, Europe, and Latin America. The United States stands as one of their primary export markets. In this country, they supply critical components to leading commercial vehicle manufacturers and tier-1 suppliers. The company has the ability to meet stringent quality standards and regulatory requirements. This has helped them maintain long-term relationships with international clients.

European Operations
In the European Union, Ramkrishna Forgings has established a strong presence. This presence is particularly in countries with robust automotive and manufacturing sectors, such as Germany, France, and Italy. The company's products meet the high-quality standards and technical specifications required by European OEMs (Original Equipment Manufacturers). Their success in Europe can be attributed to their focus on precision engineering and consistent quality delivery.

Latin American Market
The Latin American market has emerged as another significant territory for Ramkrishna Forgings. With their growing automotive and manufacturing sectors, countries like Brazil and Mexico have become important markets for the company's forged components. The company has successfully adapted its products to meet the specific requirements and preferences of Latin American customers.

Product Portfolio and International Standards
For international markets, the company manufactures a wide range of products. This includes front axle beams, crankshafts, spindles, and transmission parts. Each product is manufactured according to international quality standards and certifications. The company's commitment to maintaining global quality standards is evident through its various international certifications and quality management systems.

Technology and Innovation
Ramkrishna Forgings has invested significantly in modern technology and automation. This investment is to serve international markets effectively. Their manufacturing facilities are equipped with state-of-the-art machinery from renowned global manufacturers. This enables them to produce components that meet international specifications and standards.

Export Strategy and Growth
The company has developed a robust export strategy focusing on market diversification and customer base expansion. They participate in international trade shows and industry exhibitions to showcase their capabilities and establish new business relationships. The export revenue contributes significantly to their overall turnover. This demonstrates the success of their international business model.

Future International Expansion
The company continues to explore new international markets and opportunities for growth. They are focusing on expanding their presence in emerging markets while strengthening their position in existing ones. Their strategy includes developing new products specifically for international markets. Also, they wish to enhance their manufacturing capabilities to meet growing global demand.

Ramkrishna Forgings' international presence is a testament to its manufacturing excellence and global vision. They have established themselves as a reliable global supplier of forged components. This is done through strategic market penetration, quality commitment, and a customer-centric approach. They continually focus on technology upgradation, quality enhancement, and market expansion.

This positions them well for future growth in international markets. The company's success in global markets not only contributes to its business growth but also strengthens India's position in the global manufacturing landscape. Ramkrishna Forgings is well-poised to capitalize on new opportunities while maintaining its commitment to quality and customer satisfaction.