bell
The current prices are delayed by 15 mins, login to check live prices.
Ramkrishna Forgings Ltd share price logo

Ramkrishna Forgings Ltd

(RKFORGE)

₹890.71.87%

as on 04:01PM, 26 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Ramkrishna Forgings Ltd Analyst Rating

based on 7 analysts

BUY

71.43%

Buy

0.00%

Hold

28.57%

Sell

Based on 7 analysts offering long term price targets for Ramkrishna Forgings Ltd. An average target of ₹1131.14

Source: S&P Global Market Intelligence

Ramkrishna Forgings Ltd Share analysis

Ramkrishna Forgings Ltd price forecast by 7 analysts

Upside of24.62%

High

₹1500

Target

₹1131.14

Low

₹870

Ramkrishna Forgings Ltd target price ₹1131.14, a slight upside of 24.62% compared to current price of ₹890.7. According to 7 analysts rating.

Source: S&P Global Market Intelligence

Ramkrishna Forgings Ltd Performance

  • Day's Low

    Day's High

    ₹886.1
    Day's Price Range
    ₹911.1
  • 52 Week's Low

    52 Week's High

    ₹602.05
    52-Week Price Range
    ₹1,064.05
1 Month Return-6.07 %
3 Month Return-10.12 %
1 Year Return+ 25.25 %
Previous Close₹907.65
Open₹908.00
Volume1.24L
Upper Circuit-
Lower Circuit-
Market Cap₹16,423.01Cr

Ramkrishna Forgings Ltd Key Statistics

P/E Ratio36.06
PEG Ratio5.14
Market Cap₹16,423.01 Cr
P/B Ratio4.67
EPS18.89
Dividend Yield0
SectorCastings, Forgings & Fastners
ROE16.31

Ramkrishna Forgings Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹16,423.01 Cr251.63%0.63₹341 Cr₹3,954 Cr
BUY₹9,354.07 Cr-0.73%0.54₹242 Cr₹1,358 Cr
NA₹5,366.81 Cr12.21%0.78-₹121 Cr₹1,415 Cr
NA₹131.90 Cr93.37%0.59NANA
NA₹124.22 Cr38.08%0.67-₹5 Cr₹88 Cr

About Ramkrishna Forgings Ltd

Ramkrishna Forgings Ltd, incorporated in the year 1997, is a leading manufacturer of forgings and precision machined components in India.

Ramkrishna Forgings Ltd is engaged in the production of high-quality forgings and machined components for a wide range of industries, such as automotive, aerospace, power generation, oil & gas, and general engineering. The company is equipped with the latest machinery and technology to meet the exacting requirements of its customers.

The company's top products include closed die forgings, open die forgings, machined components, and hot forged components. Its popular brands include Ramkrishna Forgings, Ramkrishna Precision, and Ramkrishna Machining. The company also offers a range of services, such as heat treatment, CNC machining, and surface treatment.

Share Price: ₹890.70 per share as on 26 Dec, 2024 04:01 PM
Market Capitalisation: ₹16,423.01Cr as of today
Revenue: ₹1,053.63Cr as on September 2024 (Q3 24)
Net Profit: ₹189.77Cr as on September 2024 (Q3 24)
Listing date: 05 May, 2004
Chairperson Name: Mahabir Prasad Jalan
OrganisationRamkrishna Forgings Ltd
HeadquartersKolkata
IndustryCastings, Forgings & Fastners
E-voting on sharesClick here to vote

Key events for Ramkrishna Forgings Ltd

  • Ramkrishna Forgings Reports Q2FY25 Financials - 28 Nov, 2024

    Ramkrishna Forgings Ltd has a market cap of Rs 17,777 crore, with shares trading at Rs 983, up 0.91%. Q2FY25 revenue reached Rs 1,054 crore, and net profit was Rs 190 crore. Nomura India holds 2% of the company.
  • Ramkrishna Forgings Receives Positive Ratings and Targets - 21 Nov, 2024

    Ramkrishna Forgings Ltd has received a BUY rating from UBS with a target price of Rs 1,500, suggesting a significant upside potential. Additionally, Asit C Mehta sets a target of Rs 1,255, reflecting strong growth prospects.
  • UBS Reaffirms Buy Rating for Ramkrishna Forgings - 19 Nov, 2024

    UBS has reiterated a Buy rating for Ramkrishna Forgings with a target price of ₹1,500, highlighting strong growth potential from EVs, acquisitions, and new clients. The company has outperformed peers, with a projected revenue CAGR of 22% for FY25-27.

Insights on Ramkrishna Forgings Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 80.9 Cr → 189.77 Cr (in ₹), with an average increase of 57.4% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 1.51% to 1.75% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 970.15 Cr → 1.13K Cr (in ₹), with an average increase of 14.7% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, RKFORGE has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 23.76% to 24.25% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 43.17% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jindal Steel & Power Ltd has given 29.2% return, outperforming this stock by 3.9%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, RKFORGE stock has moved down by -6.1%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 28.72% to 27.44% in Sep 2024 quarter

Ramkrishna Forgings Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹898.76Cr (-)₹1,057.79Cr (↑17.69%)₹1,023.26Cr (↓3.26%)₹959.48Cr (↓6.23%)₹1,053.63Cr (↑9.81%)
Net Income₹82.20Cr (-)₹86.86Cr (↑5.67%)₹93.85Cr (↑8.05%)₹80.90Cr (↓13.80%)₹189.77Cr (↑134.57%)
Net Profit Margin9.15% (-)8.21% (↓10.27%)9.17% (↑11.69%)8.43% (↓8.07%)18.01% (↑113.64%)
Value in ₹ crore
Details2021202220232024
Total Assets₹2,763.38Cr (-)₹3,482.60Cr (↑26.03%)₹3,647.69Cr (↑4.74%)₹4,833.50Cr (↑32.51%)
Total Liabilities₹1,873.41Cr (-)₹2,388.52Cr (↑27.50%)₹2,322.76Cr (↓2.75%)₹2,160.93Cr (↓6.97%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹251.16Cr (-)₹126.50Cr (↓49.63%)₹39.08Cr (↓69.11%)₹777.76Cr (↑1,890.17%)₹636.36Cr (↓18.18%)

Index Inclusions

S&P BSE 250 SmallCap

₹7,049.73

-0.05 (-3.4%)

Nifty Small 100

₹18,728.65

-0.02 (-4%)

BSE 500

₹35,265.03

0.12 (42.38%)

S&P BSE 400 MidSmallCap

₹12,120.29

0.05 (5.7%)

Nifty Smallcap 50

₹8,929.15

-0.06 (-4.95%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nifty Smallcap 250

₹17,667.45

-0.03 (-5%)

Nifty MidSmallcap 400

₹19,916.55

0.04 (7.65%)

Nifty 500

₹22,430.35

0.12 (27.65%)

BSE Small-Cap

₹54,893.21

-0.24 (-129.96%)

Ramkrishna Forgings Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
43.17%
0.00
Foreign Institutions
24.25%
2.08
Mutual Funds
1.75%
15.84
Retail Investors
27.44%
-4.46
Others
3.39%
19.20

Ramkrishna Forgings Ltd Key Indicators

Details20202021202220232024
Return On Equity %1.13.1720.8219.4816.31
Details20202021202220232024
Return On Assets %0.430.755.696.87.06
Details20202021202220232024
Book Value Per Share (₹)53.7355.2867.4581.19148.48
Details20202021202220232024
Earning Per Share (₹)0.591.2912.3915.5218.89

Ramkrishna Forgings Ltd Valuation

Ramkrishna Forgings Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-93.70x)

January 13, 2021

Today (36.06x)

December 24, 2024

Industry (40.53x)

December 24, 2024

Highest (101.52x)

June 4, 2021

LowHigh

Ramkrishna Forgings Ltd Earnings and Dividends

  • Ramkrishna Forgings Ltd Earnings Results

    Ramkrishna Forgings Ltd’s net profit jumped 130.86% since last year same period to ₹189.77Cr in the Q2 2024-2025. On a quarterly growth basis, Ramkrishna Forgings Ltd has generated 134.57% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Ramkrishna Forgings Ltd Dividends October,2024

    In the quarter ending September 2024, Ramkrishna Forgings Ltd has declared dividend of ₹1 - translating a dividend yield of 0.22%.

    Read More about Dividends

Ramkrishna Forgings Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Ramkrishna Forgings Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Ramkrishna Forgings Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Ramkrishna Forgings Ltd shares.

Ramkrishna Forgings Ltd (RKFORGE) share price today is ₹890.7

Ramkrishna Forgings Ltd is listed on NSE

Ramkrishna Forgings Ltd is listed on BSE

  • Today’s highest price of Ramkrishna Forgings Ltd is ₹911.1.
  • Today’s lowest price of Ramkrishna Forgings Ltd is ₹886.1.

PE Ratio of Ramkrishna Forgings Ltd is 36.06

PE ratio = Ramkrishna Forgings Ltd Market price per share / Ramkrishna Forgings Ltd Earnings per share

Today’s traded volume of Ramkrishna Forgings Ltd(RKFORGE) is 1.24L.

Today’s market capitalisation of Ramkrishna Forgings Ltd(RKFORGE) is ₹16423.01Cr.

Ramkrishna Forgings Ltd(RKFORGEPrice
52 Week High
₹1064.05
52 Week Low
₹602.05

Ramkrishna Forgings Ltd(RKFORGE) share price is ₹890.7. It is down -16.29% from its 52 Week High price of ₹1064.05

Ramkrishna Forgings Ltd(RKFORGE) share price is ₹890.7. It is up 47.94% from its 52 Week Low price of ₹602.05

Ramkrishna Forgings Ltd(RKFORGEReturns
1 Day Returns
-16.95%
1 Month Returns
-6.07%
3 Month Returns
-10.12%
1 Year Returns
25.25%