| Management target | Revenue FY29 |
|---|
| Revenue growth | ₹1,405 Cr, up 54.9% YoY; strong domestic CV and export recovery. |
|---|---|
| Margins | EBITDA margins expanded to 18.23% via better product mix and leverage. |
| Order book | New wins of ₹673 Cr across CV, EV, and farm segments. |
| Demand visibility | Strong domestic momentum; North American exports recovered significantly after prior lulls. |
| Management confidence | Extremely bullish, highlighting strong order pipeline and capacity utilization improvements. |
Growth
Revenue rose 54.9% YoY to ₹1,405 Cr; EBITDA margins improved to 18.23%.
Outlook
Guided ₹500 Cr debt reduction for FY27; targets ₹8,000 Cr revenue by FY29.
Risks
Rising shipping costs and domestic steel price hikes are significant margin headwinds.
Earnings Call Transcript filed with NSE, NSE: RKFORGE. Summary written with AI assistance from the document.
Ramkrishna Forgings Ltd: key numbers
- Share price
- ₹646.90
- Market cap
- ₹11,698 Cr
- Revenue (annual)
- ₹4,238 Cr
- Net profit (annual)
- ₹71.80 Cr
- P/E (TTM)
- 109.4×Sector 52.8×
- Promoter holding
- 40.93%-2.46% QoQ
- FII holding
- 17.05%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ramkrishna Forgings Ltd
All →Ramkrishna Forgings Management Change
Ramkrishna Forgings appointed Subir Chakraborty and Anurag Vohra as Non-Executive Independent Directors for five-year terms, effective 30 October 2026. The appointments add two independent members to the board.
- Execution
- 60 months (term of appointment for each director)
Ramkrishna Forgings Dividend
Ramkrishna Forgings declared an interim dividend of Rs 2 per equity share for FY2026-27 on October 30, 2026. The record date is November 6, 2026, with payment by November 29, 2026.
Ramkrishna Forgings Results Update
Ramkrishna Forgings' Q2 FY27 revenue rose 55% YoY to ₹1,405 crore, with PAT at ₹71 crore. Figures come from a press release highlights table.
Ramkrishna Forgings Other Announcement
Ramkrishna Forgings filed a monitoring agency report for the quarter ended September 2026 on preferential warrant proceeds. The agency found no deviation from the issue objects.
Ramkrishna Forgings Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue ₹1,405 Cr (+54.9% YoY) and EBITDA ₹256 Cr (18.2% margin). H1 FY27 revenue ₹2,622 Cr (+36.4%). Order wins ₹673 Cr; capacity expansion continues.
Ramkrishna Forgings Financial Results
Ramkrishna Forgings' board approved unaudited September 2026 half-year results and a Rs 2 interim dividend. Other decisions include director appointments and a JV investment.