RKFORGE
Ramkrishna Forgings Limited (RKFORGE) Stock Analysis
Ramkrishna Forgings Limited manufactures forged and machined components for automotive, construction, and railway applications. It supplies crankshafts, axles, and heavy forgings to global OEMs. The company is a major forging exporter from India. It is listed on Indian stock exchanges.
Industrials › Metal Fabrication
₹678.10
-3.23% 1W | +26.50% 52W
Market Cap
12.6k CR
P/E Ratio
116.5
52W High
₹772.8
52W Low
₹460.1
Div. Yield
0.14%
Beta
0.5
50 DMA
₹719
200 DMA
₹596.3
Profit Margin
2.4%
Inst. Own.
16%
✅ BOUNCE FROM SUPPORT
✅ BOUNCE FROM SUPPORT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 892 | 899 | 996 | 974 | 959 | 1,054 | 1,074 | 947 | 1,015 | 908 | 1,099 | 1,217 | 1,217 |
| Expenses | 700 | 699 | 776 | 786 | 791 | 888 | 948 | 849 | 873 | 790 | 936 | 1,014 | 999 |
| Operating Profit | 192 | 200 | 220 | 188 | 169 | 165 | 126 | 98 | 142 | 118 | 162 | 203 | 218 |
| OPM % | 22% | 22% | 22% | 19% | 18% | 16% | 12% | 10% | 14% | 13% | 15% | 17% | 18% |
| Other Income | 5 | 7 | 4 | 19 | 11 | 84 | 4 | 11 | 4 | 6 | -9 | 2 | 3 |
| Interest | 36 | 38 | 39 | 34 | 36 | 39 | 42 | 49 | 49 | 53 | 51 | 57 | 57 |
| Depreciation | 57 | 61 | 68 | 72 | 62 | 60 | 64 | 85 | 80 | 80 | 84 | 88 | 99 |
| Profit before tax | 104 | 109 | 117 | 100 | 80 | 151 | 24 | -24 | 17 | -10 | 18 | 59 | 65 |
| Tax % | 24% | 24% | 25% | 34% | 32% | 7% | 12% | -945% | 32% | -8% | 25% | 5% | 28% |
| Net Profit | 79 | 82 | 87 | 66 | 55 | 140 | 21 | 200 | 12 | -10 | 14 | 56 | 47 |
| EPS in Rs | 4.91 | 5.00 | 4.80 | 3.66 | 3.03 | 7.72 | 1.16 | 11.04 | 0.65 | -0.52 | 0.75 | 3.08 | 2.57 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 754 | 908 | 921 | 1,491 | 1,931 | 1,216 | 1,289 | 2,320 | 3,193 | 3,705 | 4,034 | 4,238 | 4,440 |
| Expenses | 623 | 727 | 758 | 1,202 | 1,545 | 1,008 | 1,065 | 1,802 | 2,499 | 2,931 | 3,474 | 3,611 | 3,739 |
| Operating Profit | 131 | 181 | 163 | 289 | 386 | 209 | 224 | 518 | 694 | 774 | 561 | 627 | 701 |
| OPM % | 17% | 20% | 18% | 19% | 20% | 17% | 17% | 22% | 22% | 21% | 14% | 15% | 16% |
| Other Income | 12 | 2 | 7 | 4 | 3 | 6 | 5 | 1 | 4 | 36 | 109 | 2 | 2 |
| Interest | 32 | 55 | 78 | 73 | 84 | 80 | 81 | 97 | 122 | 147 | 167 | 212 | 219 |
| Depreciation | 32 | 53 | 75 | 85 | 121 | 121 | 117 | 169 | 202 | 257 | 271 | 333 | 353 |
| Profit before tax | 79 | 75 | 17 | 135 | 184 | 15 | 32 | 253 | 374 | 406 | 231 | 84 | 131 |
| Tax % | 5% | 27% | 33% | 30% | 35% | 34% | 35% | 22% | 34% | 28% | -80% | 15% | |
| Net Profit | 75 | 55 | 11 | 95 | 120 | 10 | 21 | 198 | 248 | 291 | 415 | 72 | 107 |
| EPS in Rs | 5.49 | 3.81 | 0.78 | 5.82 | 7.36 | 0.59 | 1.29 | 12.36 | 15.52 | 16.11 | 22.93 | 3.95 | 5.88 |
| Dividend Payout % | 7% | 11% | 26% | 3% | 4% | 0% | 0% | 14% | 13% | 12% | 9% | 25% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 10.0% | 27.0% | 17.0% |
| Profit CAGR | -32.0% | 30.0% | 4.0% |
Shareholding Pattern
Promoters43.12%
FIIs22.71%
DIIs3.50%
Public30.55%
Promoters43.12%
FIIs21.05%
DIIs4.03%
Public31.69%
Promoters43.33%
FIIs21.75%
DIIs4.45%
Public30.37%
Promoters43.39%
FIIs20.43%
DIIs5.09%
Public30.90%
Promoters39.82%
FIIs17.30%
DIIs5.85%
Public36.84%
Promoters46.27%
FIIs14.80%
DIIs4.76%
Public34.02%
Promoters43.17%
FIIs24.54%
DIIs3.69%
Public28.53%
Promoters43.12%
FIIs24.48%
DIIs6.00%
Public26.27%
Promoters43.33%
FIIs21.75%
DIIs4.45%
Public30.37%
Promoters39.82%
FIIs17.30%
DIIs5.85%
Public36.84%
RKFORGE
Holdings Analysis
Key strengths & risk signals
58
Overall
49
Fundamental
67
Technical
Risks (3)
Cannot calculate PEG - insufficient growth data.
RECOVERY MODE! Current price (678.1) above 200-day but below 50-day.
WEAK MOMENTUM! Limited price growth - -3.2% (1 week), -1.5% (1 month), 19.3% (3 months).
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (719.0) is above 200-day average (596.3) - positive signal.
LOW VOLATILITY! Beta of 0.50 - stable stock, less market risk.
TESTING SUPPORT! Stock is at key support level.
Fundamental & Technical Analysis
58Overall
49Fundamental
67Technical
Fundamental Breakdown
Growth Quality
13/30
Revenue CAGR: 10.5% (GOOD, 11/15). Profit CAGR: -33.9% (DECLINING, 2/15).
Profit Margin
2/10
LOW MARGIN! 2.4% profit margin - thin profits.
PEG Valuation
1/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.14% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
10/20
SIGNIFICANT PUBLIC HOLDING! 33.05% public ownership - moderate retail influence.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (719.0) is above 200-day average (596.3) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (678.1) above 200-day but below 50-day.
Trend Pattern
16/20
TESTING SUPPORT! Stock is at key support level.
52W Performance
8/10
GOOD YEAR! Stock gained 26.5% in the last year.
Volume Sentiment
15/30
BEARISH SENTIMENT! In last 30 days: 12 up days, 18 down days. Avg volume on up days: 564,230 vs down days: 568,139. Ratio: 0.99x
RSI
3/5
NEUTRAL! RSI at 42.0 - balanced momentum.
52W Range
4/5
UPPER HALF! Trading at 69.7% of 52W range - positive territory.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - -3.2% (1 week), -1.5% (1 month), 19.3% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.50 - stable stock, less market risk.
RKFORGE
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q4FY262026-07-30 | Concall PDF | |
| Q3FY262026-02-02 | Concall PDF | |
| Q2FY262025-11-18 | Concall PDF |
Peer Comparison
Industrials · Metal Fabrication · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RKFORGE | ₹678.10 | 116.5 | 2.4% | 10.5% | -33.9% | +26.5% | 58 | BOUNCE FROM SUPPORT | +297.5% | -16.1% | +19.8% | 0.0% |
| GRAVITA | ₹1,480.60 | 27.5 | 8.3% | 14.9% | 23.5% | -5.4% | 68 | HIT RESISTANCE | +14.0% | +15.8% | +41.9% | +25.8% |
| RHIM | ₹368.70 | – | -8.7% | 13.9% | – | -17.9% | 60 | BREAKOUT | +83.0% | -112.5% | +5.6% | +8.8% |
| HAPPYFORGE | ₹1,873.20 | 54.1 | 19.9% | 9.8% | 13.1% | +111.7% | 70 | BREAKDOWN | +39.3% | +9.4% | +27.0% | +6.0% |
| KIRLFER | ₹450.10 | 21.6 | 5.1% | 4.6% | 5.1% | -0.1% | 50 | BREAKDOWN | -65.4% | -33.1% | +4.3% | -2.5% |
| AEROFLEX | ₹510.90 | 99 | 13.4% | 17.2% | 22.6% | +234.4% | 71 | BREAKDOWN | +161.1% | +6.8% | +72.5% | +15.6% |
| SBCL | ₹1,029.10 | 55.9 | 17.2% | 6.7% | 6.6% | +128.3% | 60 | BREAKDOWN | +44.7% | +26.9% | +33.4% | +12.1% |
| BALUFORGE | ₹476.40 | 19.8 | 22.8% | 49.6% | 88.1% | -22.4% | 69 | BREAKDOWN | +16.0% | +0.6% | +28.9% | +14.1% |
Data from TradeAlone · Updated daily
