Ramkrishna Forgings Ltd Stock Price Today (NSE: RKFORGE)

Ramkrishna Forgings Ltd

687.95+6.80 (+1.00%)
Market Closed

Fundamental Score

...

Ramkrishna Forgings Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Ramkrishna Forgings Ltd share price today is 687.95, up +1.00% on NSE/BSE as of 4 August 2026. Ramkrishna Forgings Ltd (RKFORGE) is a Mid-cap company in the Auto Components & Equipments sector with a market capitalisation of 10.25K (Cr). The 52-week high for RKFORGE share price is 654.65 and the 52-week low is 460.15. At a P/E ratio of 126.63x, RKFORGE is currently trading above its industry average P/E of 30.15x. The company has a Return on Equity (ROE) of 2.56% and a debt-to-equity ratio of 0.74.

Ramkrishna Forgings Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
687.95
Low
550.05
Volume
21.3L
Change
+15.68%

Ramkrishna Forgings Ltd share price chart: 15.68% return over the past month. 52-week high ₹654.65, 52-week low ₹460.15.

Ramkrishna Forgings Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
659.70684.70642.35681.1531.95L (Cr)
630.00654.65624.20651.1524.33L (Cr)
642.25642.25623.30626.408.85L (Cr)
631.60645.00626.15642.2516.88L (Cr)
626.00641.00620.25630.6531.00L (Cr)
595.00635.55595.00625.45121.47L (Cr)
577.00580.00570.80575.7010.09L (Cr)
564.00581.30562.00576.3022.48L (Cr)
566.90568.60553.25562.159.37L (Cr)
591.00591.00566.00568.2521.14L (Cr)

Ramkrishna Forgings Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
659.70684.70642.35681.15+3.25%
566.00654.65550.05651.15+15.04%
572.50607.00530.10564.90-1.33%
607.50632.00547.95566.40-6.77%
485.00617.75478.25598.30+23.36%
535.00569.90460.15466.60-12.79%
509.25583.90486.70551.80+8.36%
525.60542.60474.30511.10-2.76%
552.90553.65475.40523.15-5.38%
541.00588.40515.70550.00+1.66%
544.10567.85531.65543.00-0.20%
566.55605.95523.10539.70-4.74%

AI Research Briefing

Powered by Gemini · 2026-04-09

RK Forgings is a high-risk, high-reward play on Indian infrastructure and North American auto, but its stretched valuation and weak financials demand caution.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSEConsolidation - 1M: -1.2%, 3M: -7.21%, 6M: -9.14%.Expensive - P/E of 43.54x vs industry P/E of 30.45x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search.

CORE STORY (THE REAL GAME)

Ramkrishna Forgings is betting on the shift to forged wheels in Indian Railways and expanding into the North American light vehicle market. It's a play on infrastructure upgrades and diversifying revenue streams.

Why Now
  • US$220 million North American contract win
  • Rail wheel project trial runs expected in March 2026
  • Government support for auto component industry through PLI scheme
Potential Catalysts
  • Successful execution of rail wheel project
  • Further order wins in North America
  • Improvement in quarterly earnings and margin expansion
Key Risks
  • High debt/equity ratio and low interest coverage
  • Negative free cash flow
  • Micro/SME cap - liquidity risk
Institutional Activity

FII holdings decreased by 1.74%.

Macro Context

Government support for auto components and EV manufacturing provides a tailwind.

Order Book / Expansion

Secured a US$220 million contract for North American light vehicles.

Cash Flow Quality

No - Free Cash Flow 5Y: ₹-853.45 Cr.

3–6 Month Outlook

Focus on executing the rail wheel project and fulfilling the North American contract. Expect margin improvement in the second half of FY26 as market conditions normalize.

Primary Thesis Risk

Failure to execute on rail wheel project and North American contract will crush the stock.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

2.56%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

5.60%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

18.13%

Average operating profit margin over 5 years

Dividend Yield

0.35%

Annual dividend as % of current share price

Ramkrishna Forgings Ltd Valuation Check

Poor

Price to Earnings (P/E)

126.63x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.15x

Average P/E of all peers in this sector

Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Shareholding Pattern

Excellent

Promoter Holding

43.32%

% shares held by company founders/management

Excellent

FII Holding

21.75%

% shares held by foreign institutional investors

Poor

DII Holding

4.45%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

15.63%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-71.88%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

28.46%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

26.88%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

27.45%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

30.75%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.74x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

1.45x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-802.19 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Ramkrishna Forgings Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of RKFORGE across key market metrics for learning purposes.

Positive Indicators

6 factors identified

Strong Operating Margins (18.13%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Strong Revenue Growth (28.46%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (26.88% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (27.45% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (30.75% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Strong Institutional Confidence (FII+DII: 26.20%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Risk Factors

6 factors identified

Below-Average Return on Equity (2.56%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (5.60%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Premium Valuation Risk (P/E: 126.63x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Profit Decline Concern (-71.88%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Weak Interest Coverage (1.45x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-802.19 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Ramkrishna Forgings Ltd vs Auto Components & Equipments Peers

Peer Comparison - Auto Components & Equipments

Compare Ramkrishna Forgings Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
34.3/100
688
₹10252.33
126.6
Average
2.56%
Poor
5.60%
Poor
0.7
Good
30.75%
Excellent
26.88%
Excellent
0.35%
68.6/100
151
₹149946.96
35.2
Average
11.24%
Average
13.43%
Average
0.5
Excellent
31.90%
Excellent
17.06%
Excellent
0.42%
Bosch Ltd...
BOSCHLTD500530
60.7/100
41085
₹122064.34
58.5
Average
14.57%
Average
21.54%
Excellent
0.0
Excellent
16.50%
Excellent
15.57%
Excellent
0.65%
58.4/100
2200
₹100486.48
85.2
Average
12.53%
Average
13.09%
Average
0.8
Good
39.83%
Excellent
21.55%
Excellent
0.40%
66.7/100
1181
₹67018.42
55.2
Average
19.33%
Good
19.65%
Good
0.4
Excellent
42.82%
Excellent
25.26%
Excellent
0.23%
68.9/100
4079
₹64379.95
51.5
Average
20.80%
Excellent
27.90%
Excellent
0.0
Excellent
32.73%
Excellent
20.09%
Excellent
0.85%
67.6/100
2753
₹57062.76
86.3
Average
9.95%
Poor
17.14%
Good
0.1
Excellent
16.96%
Excellent
30.30%
Excellent
0.12%
68.2/100
769
₹41645.30
63.5
Average
11.67%
Average
15.11%
Good
0.1
Excellent
23.67%
Excellent
24.12%
Excellent
0.51%
64/100
2758
₹38593.57
39.9
Average
15.41%
Good
18.28%
Good
0.2
Excellent
13.16%
Good
17.39%
Excellent
0.42%
34.5/100
450
₹35657.50
42.9
Average
5.97%
Poor
8.54%
Poor
0.1
Excellent
0.50%
Average
11.68%
Good
0.48%
67.4/100
2416
₹26803.93
54.2
Average
14.36%
Average
19.08%
Good
0.0
Excellent
40.53%
Excellent
16.83%
Excellent
0.17%

Ramkrishna Forgings Ltd PE Ratio History

Historical price-to-earnings ratio for RKFORGE — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202522.95₹523.1522.8x
FY 202417.14₹893.8552.1x
FY 202315.43₹725.7047x
FY 202212.43₹262.9021.2x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Ramkrishna Forgings Ltd Dividend History

Annual cash dividends paid by RKFORGE — dividend yield 0.35%

Financial YearDividends Paid (₹ Cr)
FY 202536.16 Cr
FY 202424.44 Cr
FY 202327.18 Cr
FY 20224.80 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Ramkrishna Forgings Ltd Quarterly Performance

Latest quarterly metrics for RKFORGE — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

28.46%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-71.88%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

26.88%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

30.75%

Compounded annual net profit growth over 5 years

Ramkrishna Forgings Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for RKFORGE — calculated from daily price history

71RSI 14
Overbought — RSI 71

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
575
▲ Price above SMA 50 — Short-term bullish
SMA 200
548
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
1505K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Ramkrishna Forgings Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Ramkrishna Forgings Ltd (RKFORGE) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Ramkrishna Forgings Ltd

About RKFORGE (Ramkrishna Forgings Ltd)

Ramkrishna Forgings Ltd is a titan in the realm of auto components and equipment, a powerhouse specializing in the creation of robust and reliable forged components. From their sta...te-of-the-art facilities, RKFORGE meticulously crafts essential parts that form the backbone of vehicles traversing roads globally. Their expertise extends to serving the demanding railway sector, producing integral components for both wagons and coaches, ensuring the smooth and safe transport of goods and passengers. But their capabilities don't stop there, RKFORGE also caters to the broader engineering sector, providing high-quality forged parts for a diverse range of applications. This dedication to quality and precision has cemented their reputation as a trusted partner across multiple industries. RKFORGE's operations are strategically divided into two core segments, reflecting their diverse product offerings. The "Forging Components" segment represents the heart of their business, encompassing the meticulous production of a wide array of critical automotive parts. This includes everything from essential steering components like knuckles and steering arms, to vital engine components such as crankshafts and connecting rods. These forged parts are characterized by their exceptional strength, durability, and precise engineering, ensuring optimal performance and safety in demanding automotive applications. The "Others" segment reflects the company's capacity to handle specialized projects and produce tailored forged solutions for a variety of industries. The company's product portfolio showcases the breadth and depth of their forging capabilities. Consider the heavy-duty applications requiring strong and dependable components like beams, yokes and BC lever assemblies for automotive and industrial sectors. Their commitment to precision is exemplified by parts such as sector shafts and UJ crosses which require exacting tolerances for optimal function. Moreover, RKFORGE offers essential components such as front hubs, transmission gears and shafts, crown wheels and piston parts, each meticulously crafted to meet stringent industry standards. By combining advanced manufacturing techniques with a steadfast focus on quality, Ramkrishna Forgings Ltd continues to be a key player in the global market for forged components.

Company Details

Symbol:RKFORGE
Industry:Auto Components & Equipments
Sector:Auto Components & Equipments

Key Leadership

Mr. Naresh Jalan
MD & Executive Director
Mr. Lalit Kumar Khetan
CFO & Whole Time Director
Mr. Rajesh Mundhra
Chief Risk Officer, Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date

RKFORGE Share Price: Frequently Asked Questions

What is the current share price of Ramkrishna Forgings Ltd?

Ramkrishna Forgings Ltd (RKFORGE) trades at ₹687.95 on NSE and BSE. Market cap ₹10.25K (Cr). Educational data only.

What is the P/E ratio of Ramkrishna Forgings Ltd?

Ramkrishna Forgings Ltd has a P/E of 126.63x vs industry average 30.15x.

What is the Bull Run score for Ramkrishna Forgings Ltd?

Ramkrishna Forgings Ltd has a Bull Run score of 34.3/100 based on 25+ financial parameters.

Does Ramkrishna Forgings Ltd pay dividends?

Ramkrishna Forgings Ltd has a dividend yield of 0.35%. Past dividends don't guarantee future payments.

What is the ROE of Ramkrishna Forgings Ltd?

Ramkrishna Forgings Ltd has ROE of 2.56%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Ramkrishna Forgings Ltd?

Ramkrishna Forgings Ltd has debt-to-equity of 0.74.

Is Ramkrishna Forgings Ltd a good investment?

Bull Run gives Ramkrishna Forgings Ltd a score of 34.3/100. This is not investment advice — consult a SEBI-registered advisor.