Flash Finance

Ramkrishna Forgings LimitedRKFORGECorporate

Castings & Forgings Latest results: Jun 2026 14 quarters of data
Consolidated Standalone
₹691.45
MCap ₹12,806 Cr · P/E 119.3
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹1,217 Cr
Sales · Jun 2026
+19.8% YoY
₹218 Cr
Operating Profit · Jun 2026
+47.0% YoY
18.0%
OPM % · Jun 2026
+23.3% YoY
₹47 Cr
Net Profit · Jun 2026
+297.7% YoY
—
EPS · Jun 2026

📝 Ramkrishna Forgings Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Ramkrishna Forgings Limited reported revenue of ₹1,217 crore for the quarter ended June 2026 (Q1 FY27), up 19.8% from ₹1,015 crore in the same quarter last year, and down 0.0% sequentially over the March 2026 quarter.

Net profit rose 297.7% year-on-year to ₹47 crore, from ₹12 crore.

Operating profit stood at ₹218 crore — an operating margin (OPM) of 18.0%, compared with 14.6% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Ramkrishna Forgings Limited posted revenue of ₹4,239 crore, a growth of 3.9% over FY25, with a net profit of ₹72 crore (down 87.3% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹4,440 crore with a net profit of ₹107 crore.

Valuation snapshot

At the current price of ₹691.45, RKFORGE has a market capitalisation of ₹12,806 crore and a trailing P/E of about 119.3.

Within the Castings & Forgings industry, it is the largest of the 29 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 39.82%, foreign institutional investors (FIIs) 17.30%, domestic institutional investors (DIIs) 5.85%, public shareholders 36.84% of Ramkrishna Forgings Limited.

Promoter holding slipped from 43.33% to 39.82% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹12,806 Cr
Current Price ?
₹691.5
P/E ?
119.26above ind
Industry P/E ?
29.90
P/B ?
3.89
P/S ?
2.88
P/FCF ?
-328.37
Enterprise Value ?
₹15,255 Cr
EV/EBITDA ?
21.61
PEG ?
N/A
Earnings Yield ?
2.3%
Dividend Yield ?
0.29%
Profitability & Returns
Sales (TTM) ?
₹4,440 Cr
OPM ?
15.9%
Profit after tax (TTM) ?
₹107 Cr
EPS (TTM) ?
₹5.80
ROCE ?
6.0%
ROE ?
3.3%
ROA ?
1.5%
Growth
Sales — latest qtr ?
₹1,217 Cr
PAT — latest qtr ?
₹47 Cr
YoY qtr sales growth ?
19.8%
YoY qtr profit growth ?
297.7%
Sales growth (3y) ?
10%
Sales growth (5y) ?
27%
Profit growth (3y) ?
-31%
Profit growth (5y) ?
31%
Financial Health
Debt ?
₹2,449 Cr
Debt to Equity ?
0.74
Interest Coverage ?
1.4
Current Ratio ?
N/A
Ownership
Promoter holding ?
39.82%
Change in promoter holding ?
-3.30%
Pledged percentage ?
N/A
Market
Return 3 months ?
21.7%
Return 6 months ?
29.2%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 8928929811,0581,0231,0051,0541,0749471,0159081,0991,2171,217 +19.8% -0.0%
Operating Profit 19419219622521720823323299149123162203218 +47.0% +7.6%
Other Income 2542199341146-923 -5.2% +72.0%
Interest 3436394136383942494953515757 +17.6% +0.2%
Depreciation 5657516872626064858080848899 +24.8% +13.0%
Profit Before Tax 106104110117128116233129-2417-10185965 +273.8% +9.7%
Net Profit 68798287948119010020012-9145647 +297.7% -16.3%
EPS 4.284.915.145.025.194.487.721.1611.040.65-0.520.753.08— — —
OPM % 21.8% 21.5% 20.0% 21.2% 21.3% 20.7% 22.1% 21.6% 10.4% 14.6% 13.5% 14.7% 16.7% 18.0% +23.3% +7.8%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹4,080 Cr ₹4,239 Cr ₹4,440 Cr +3.9%
Operating Profit ₹771 Cr ₹636 Cr ₹706 Cr -17.4%
OPM % 18.89% 15.01% 15.90% -20.5%
NPM % 13.97% 1.71% 2.42% -87.8%
Other Income ₹27 Cr ₹2 Cr ₹2 Cr -91.0%
Depreciation ₹271 Cr ₹332 Cr ₹352 Cr +22.4%
Interest ₹167 Cr ₹210 Cr ₹218 Cr +25.6%
EBIT ₹499 Cr ₹304 Cr ₹354 Cr -39.1%
PBT ₹454 Cr ₹84 Cr ₹131 Cr -81.5%
Tax ₹-116 Cr ₹5 Cr ₹17 Cr +104.1%
Net Profit ₹570 Cr ₹72 Cr ₹107 Cr -87.3%
EPS ₹24.40 ₹3.96 ₹3.31 -83.8%
Material Cost ₹2,079 Cr ₹924 Cr ₹1,072 Cr -55.5%
Employee Cost ₹255 Cr ₹135 Cr ₹144 Cr -47.1%
Extraordinary Items ₹96 Cr ₹-7 Cr — -106.9%

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 32363636 +0.0%
Reserves 1,2902,5983,0013,254 +8.4%
Borrowings 1,3331,2072,1262,449 +15.2%
Other Liabilities 1,0761,4221,3641,439 +5.5%
Total Liabilities 3,7315,2626,5287,178 +10.0%
Fixed Assets 1,6932,4282,9923,761 +25.7%
CWIP 91216498337 -32.3%
Investments 0125190241 +26.8%
Other Assets 1,9472,4922,8482,839 -0.3%
Total Assets 3,7315,2626,5287,178 +10.0%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 74562133840 +2445.5%
Cash from Investing Activity -299-1,117-912-929 -1.9%
Cash from Financing Activity -438625722235 -67.5%
Net Cash Flow 8129-157146 +193.0%
Free Cash Flow 39035-932-39 +95.8%
CFO/OP 117%99%30%136% +353.3%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 89848868 -22.7%
Inventory Days 228207230210 -8.7%
Days Payable 199199197193 -2.0%
Cash Conversion Cycle 1189112186 -28.9%
Working Capital Days 38541913 -31.6%
ROCE % 19%17%7%6% -14.3%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 43.12%43.12%43.12%43.33%39.82% -8.1%
FIIs 24.45%22.71%21.05%21.75%17.30% -20.5%
DIIs 3.60%3.50%4.03%4.45%5.85% +31.5%
Public 28.70%30.55%31.69%30.37%36.84% +21.3%
Others 0.13%0.12%0.12%0.12%— —
No. of Shareholders 1,13,6701,20,4951,19,6471,09,0271,07,490 -1.4%

⚖️ Peer comparison

Industry: Castings & Forgings · top 25 of 29 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 RKFORGE Ramkrishna Forgings ₹696.60 12,902 118.6 4,440 107 15.9% 2.4% 3.9% -87.3% 19.8% 297.7%
2 KENNAMET Kennametal India ₹4,311.90 9,477 48.4 1,511 195 20.1% 12.9% 18.0% 35.6% 48.0% 187.1%
3 BALUFORGE Balu Forge ₹510.90 6,202 22.4 1,176 268 26.6% 22.8% 20.0% 26.9% 29.0% 15.9%
4 ROLEXRINGS Rolex Rings ₹190.55 4,999 34.1 1,156 152 20.5% 13.2% 8.3% -12.4% 4.4% 22.3%
5 ELECTCAST Electrosteel Castings ₹74.33 4,595 88.5 4,722 51 3.9% 1.1% -27.0% -83.2% -22.2% -93.1%
6 STEELCAS Steelcast ₹359.50 3,638 40.2 441 91 26.9% 20.5% -94.8% -93.6% 17.0% 19.3%
7 MMFL MM Forgings ₹604.60 2,919 9.7 1,630 113 16.7% 7.0% 4.2% -19.3% 15.7% 78.1%
8 SUNCLAY Sundaram Clayton ₹1,195.60 2,636 10.5 2,106 251 4.8% 11.9% -10.3% 304.8% 15.6% -2.7%
9 544037 Amic Forging ₹1,199.40 2,487 45.2 142 28 30.3% 19.7% — — 29.3% 23.1%
10 504786 Investment & Precision ₹1,136.50 1,352 77.9 197 15 18.1% 7.4% 14.2% 93.7% 18.9% 129.9%
11 ALICON Alicon Castalloy ₹715.30 1,169 31.9 1,931 37 10.4% 1.9% 5.2% -22.1% 38.3% 22.9%
12 NELCAST Nelcast ₹119.61 1,044 25.3 1,338 41 7.3% 3.1% 6.1% 29.9% 2.8% -58.9%
13 SGIL Synergy Green ₹613.95 954 — 358 -9 9.2% -2.4% 1.1% -72.4% -10.2% -395.9%
14 TIRUPATIFL Tirupati Forge ₹69.70 824 142.2 168 6 9.8% 3.6% 41.3% -19.9% 18.0% -13.6%
15 517449 Magna Electro ₹466.80 578 12.7 199 16 15.5% 7.8% 11.3% -20.1% 4.7% -44.0%
16 KALYANIFRG Kalyani Forge ₹940.15 342 27.6 237 12 13.8% 5.2% -0.8% 12.0% 4.2% 218.5%
17 508875 Nitin Castings ₹746.25 226 50.5 139 8 6.9% 5.5% -2.3% -14.3% -23.2% -53.1%
18 PRITIKA Pritika Engineer ₹79.10 209 23.6 183 9 12.7% 4.8% 42.1% 37.4% 42.4% 47.2%
19 517372 Gujarat Intrux ₹403.65 150 13.2 70 10 20.5% 15.0% 5.2% -2.6% 8.0% 9.5%
20 SCML Sharp Chucks ₹123.20 149 18.8 274 9 12.0% 3.3% — — 28.2% 0.0%
21 513369 Krishanveer Forge ₹93.87 144 9.1 88 11 13.9% 12.9% 7.5% 101.6% -6.4% -3.6%
22 DCM DCM ₹76.27 142 — 54 -6 -4.8% -10.4% -21.4% -128.2% 13.5% -137.5%
23 543229 Samrat Forgings ₹300.05 108 32.8 201 5 8.4% 2.3% 6.2% -13.9% -4.8% 17.8%
24 PATTECH Pattech Fitwell ₹97.95 92 49.0 60 2 6.7% 3.1% — — 2.1% 284.6%
25 513418 Smiths & Founders ₹5.11 92 32.4 14 1 8.2% 9.6% 5.9% -4.3% -0.2% -1.6%
❓ Frequently asked questions
What was Ramkrishna Forgings Limited's revenue in Q1 FY27?
Ramkrishna Forgings Limited reported revenue of ₹1,217 crore for the quarter ended June 2026 (Q1 FY27), up 19.8% from ₹1,015 crore in the same quarter last year, and down 0.0% sequentially over the March 2026 quarter.
What was Ramkrishna Forgings Limited's net profit in Q1 FY27?
Net profit rose 297.7% year-on-year to ₹47 crore, from ₹12 crore.
What is RKFORGE's market capitalisation and P/E ratio?
At the current price of ₹691.45, RKFORGE has a market capitalisation of ₹12,806 crore and a trailing P/E of about 119.3.
Who owns Ramkrishna Forgings Limited? (shareholding pattern)
As of Sep 2026, promoters held 39.82%, foreign institutional investors (FIIs) 17.30%, domestic institutional investors (DIIs) 5.85%, public shareholders 36.84% of Ramkrishna Forgings Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI