Ramkrishna Forgings Ltd (RKFORGE)
₹890.95▲0.22%
Analyst Rating
based on 5 analysts
66.67%
Buy
16.67%
Hold
16.67%
Sell
Based on 5 analysts offering long term price targets for Ramkrishna Forgings Ltd. An average target of ₹854
Source: S&P Global Market Intelligence
Ramkrishna Forgings Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹875₹899.952 Week's Low
52 Week's High
₹510₹998.45
| Returns % | |
| 1 Month Return | -0.88 % |
| 3 Month Return | + 15.7 % |
| 1 Year Return | + 70.71 % |
| Market Stats | |
| Previous Close | ₹888.95 |
| Open | ₹889.00 |
| Volume | 6.63L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹16,071.52Cr |
Key Statistics
| P/E Ratio | 43.88 |
| PEG Ratio | 9.26 |
| Market Cap | ₹16,071.52 Cr |
| P/B Ratio | 3.45 |
| EPS | 7.368 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹16,071.52 Cr | 171.17% | 0.75 | ₹248 Cr | ₹3,192 Cr |
 | NA | ₹417.93 Cr | 67.84% | 0.67 | ₹22 Cr | ₹276 Cr |
| NA | ₹1,257.98 Cr | 75.44% | 0.58 | ₹9 Cr | ₹115 Cr |
 | NA | ₹102.45 Cr | 84.11% | 0.76 | NA | NA |
| NA | ₹17.64 Cr | -8.43% | -0.44 | NA | NA |
Mutual Fund Holdings
Company Information
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: ₹890.95 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹16,071.52Cr as of today
Revenue: ₹1,023.26Cr as on March 2024 (Q1 24)
Net Profit: ₹93.85Cr as on March 2024 (Q1 24)
Listing date: 05 May, 2004
Chairperson Name: Mahabir Prasad Jalan
| Organisation | Ramkrishna Forgings Ltd |
| Headquarters | Kolkata |
| Industry | Castings, Forgings & Fastners |
| E-voting on shares | Click here to vote |
Key events for Ramkrishna Forgings Ltd
Ramkrishna Forgings Q1 Net Profit Rises 3% - 24 Jul, 2024
Ramkrishna Forgings reported a consolidated net profit of Rs 81 crore in Q1, up 3% YoY, driven by a revenue gain of 12.6% to Rs 1,005 crore.
Ramkrishna Forgings JV Nears Financial Closure for Project - 19 Jul, 2024
Ramkrishna Forgings joint venture with Titagarh Rail Systems, Ramkrishna Titagarh Rail Wheels, is close to achieving financial closure for its Rs 2,180-crore forged wheels project. The funding will come from a combination of debt and equity in a 70:30 ratio.
Ramkrishna Forgings Sees Revenue and Profit Growth - 26 Jun, 2024
Ramkrishna Forgings reports a 14% YoY increase in revenue and a 38% YoY increase in net profit for Q4FY24. Meanwhile, Societe Generale acquires shares while BofA Securities Europe SA sells shares.
Ramkrishna Forgings Shares Rise After BofA Sells Stake - 25 Jun, 2024
Bank of America Securities has sold a stake in Ramkrishna Forgings for ₹859 crore, with Societe Generale purchasing the shares at identical prices. The move saw shares rise by 2.59%.
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.
POSITIVE IMPACTPrice Rise
In the last 3 years, RKFORGE stock has moved up by 442.5%
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, RKFORGE has outperformed top 5 stocks with highest market-cap in Iron & Steel
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 1.47% to 1.51% in Jun 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 28.52% to 28.72% in Jun 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 6 quarters, 61.04 Cr → 93.85 Cr (in ₹), with an average increase of 8.2% per quarter
NO EFFECTAgainst Peers
In the last 1 year, Bharat Forge Ltd has given 87.6% return, outperforming this stock by 16.9%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 43.17% of holdings in Jun 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 24.54% to 23.76% in Jun 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 1.05K Cr → 1.04K Cr (in ₹), with an average decrease of 1.7% per quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹1,023.26Cr | ↓3.26% |
Net Income | ₹93.85Cr | ↑8.05% |
Net Profit Margin | 9.17% | ↑11.69% |
| 2023 | Y/Y Change | |
|---|---|---|
Revenue | ₹3,192.90Cr | ↑37.61% |
Net Income | ₹248.11Cr | ↑25.29% |
Net Profit Margin | 7.77% | ↓8.91% |
| 2023 | Y/Y Change | |
|---|---|---|
Total Assets | ₹3,647.69Cr | ↑4.74% |
Total Liabilities | ₹2,322.76Cr | ↓2.75% |
| 2023 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹777.76Cr | ↑1,890.17% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 43.17% | 0.00 | |
| Foreign Institutions | 23.76% | ||
| Mutual Funds | 1.51% | 2.99 | |
| Retail Investors | 28.72% | 0.70 | |
| Others | 2.84% | 23.54 |
Key Indicators
Ramkrishna Forgings Ltd Valuation
Ramkrishna Forgings Ltd in the last 5 years
Lowest (-93.70x)
January 13, 2021
Today (43.88x)
July 23, 2024
Industry (53.56x)
July 23, 2024
Highest (101.52x)
June 4, 2021
Earnings and Dividends
Ramkrishna Forgings Ltd Earnings Results
Ramkrishna Forgings Ltd’s net profit jumped 3.02% since last year same period to ₹80.90Cr in the Q1 2024-2025. On a quarterly growth basis, Ramkrishna Forgings Ltd has generated -13.8% fall in its net profits since last 3-months.
Read More about Earnings ResultsRamkrishna Forgings Ltd Dividends May,2024
In the quarter ending March 2024, Ramkrishna Forgings Ltd has declared dividend of ₹1 - translating a dividend yield of 0.22%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Ramkrishna Forgings Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Ramkrishna Forgings Ltd (RKFORGE) share price today is ₹890.95
Ramkrishna Forgings Ltd is listed on NSE
Ramkrishna Forgings Ltd is listed on BSE
- Today’s highest price of Ramkrishna Forgings Ltd is ₹899.9.
- Today’s lowest price of Ramkrishna Forgings Ltd is ₹875.
PE Ratio of Ramkrishna Forgings Ltd is 43.88
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 6.63L.
Today’s market capitalisation of Ramkrishna Forgings Ltd(RKFORGE) is ₹16071.52Cr.
| Ramkrishna Forgings Ltd(RKFORGE | Price |
|---|---|
52 Week High | ₹998.45 |
52 Week Low | ₹510 |
Ramkrishna Forgings Ltd(RKFORGE) share price is ₹890.95. It is down -10.77% from its 52 Week High price of ₹998.45
Ramkrishna Forgings Ltd(RKFORGE) share price is ₹890.95. It is up 74.70% from its 52 Week Low price of ₹510
| Ramkrishna Forgings Ltd(RKFORGE | Returns |
|---|---|
1 Day Returns | 2% |
1 Month Returns | -0.88% |
3 Month Returns | 15.7% |
1 Year Returns | 70.71% |