▲ NIFTY 50 top gainers HDFCLIFE₹557.00▲ 5.05% TMPV₹314.50▲ 4.49% SBILIFE₹1,766.90▲ 4.06% DRREDDY₹1,175.00▲ 3.07% BEL₹395.45▲ 2.51% INDIGO₹4,845.00▲ 2.36% TATASTEEL₹187.29▲ 2.34% JIOFIN₹229.30▲ 1.98% ETERNAL₹322.35▲ 1.69% SHRIRAMFIN₹995.00▲ 1.63% ▼ NIFTY 50 top losers ONGC₹232.43▼ 1.85% TITAN₹4,841.00▼ 1.38% HDFCBANK₹713.00▼ 1.18% COALINDIA₹418.00▼ 1.01% HINDUNILVR₹1,942.20▼ 1.01% NESTLEIND₹1,370.60▼ 1.00% ICICIBANK₹1,347.60▼ 0.82% BAJAJ-AUTO₹11,500.00▼ 0.80% GRASIM₹3,173.10▼ 0.44% WIPRO₹166.40▼ 0.29% NSE most active PNB₹116.47▼ 0.28% ITC₹266.20▲ 0.78% KOTAKBANK₹416.50▲ 0.36% CANBK₹123.90▲ 0.57%

NSE RKFORGE · BSE 532527 · Misc. Fabricated Products · NIFTY 500

Ramkrishna Forgings Share Price

Market closed · updated 25 Sep, 4:49 PM IST
₹705.45 ▲ +₹4.28 · 0.61% NSE · as of 24 Sep 2026, 9:54 AM · BSE ₹714.25
Today's range
₹701.85Low₹720.75High
52-week range
₹460.15Low · 23 Mar 2026₹772.40High · 19 Aug 2026

Ramkrishna Forgings Overview

Where the price stands, how it has moved and how it sits against its averages.

Ramkrishna Forgings shares last traded at ₹705.45 on the NSE, up 0.61% on the day. That is 8.7% below the 52-week high of ₹772.40 and 53.3% above the 52-week low of ₹460.15. The stock trades at 96.35× earnings, above the sector average of 17.25. Its market value is ₹12,943 Cr.

Price returns

1 Day▲ +0.61%
5 Days▲ +3.11%
This month▼ −4.49%
3 Months▲ +24.50%
6 Months▲ +40.56%
This year▲ +35.75%
1 Year▲ +25.97%

Against the market: 1 Month ▲ +0.45% · 3 Months ▲ +28.10% · 6 Months ▲ +41.40% · This year ▲ +54.61% · 1 Year ▲ +38.21%

Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.

Moving averages — price is above 3 of 6

  1. 20-day average₹718.89 ▼ price 1.9% below
  2. 5-day average₹710.22 ▼ price 0.7% below
  3. 10-day average₹709.96 ▼ price 0.6% below
  4. Today's price₹705.45
  5. 50-day average₹687.55 ▲ price 2.6% above
  6. 100-day average₹631.57 ▲ price 11.7% above
  7. 300-day average₹580.11 ▲ price 21.6% above

Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.

Ramkrishna Forgings Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore
4,238
Net profit₹ crore · losses below zero
415
72

Year by year

Fiscal yearRevenueGrowthNet profitNet marginEPSDividend
FY 2026 ₹4,238 Cr ▲ +5.1% ₹72 Cr 1.7% ₹3.95 —
FY 2025 ₹4,034 Cr ▲ +8.9% ₹415 Cr 10.3% ₹18.33 ₹2.00
FY 2024 ₹3,705 Cr ▲ +16.0% ₹291 Cr 7.9% ₹16.65 ₹2.00
FY 2023 ₹3,193 Cr ▲ +37.6% ₹248 Cr 7.8% ₹15.43 ₹2.00
FY 2022 ₹2,320 Cr ▲ +80.0% ₹198 Cr 8.5% ₹12.39 ₹0.50
FY 2021 ₹1,289 Cr ▲ +6.0% ₹21 Cr 1.6% ₹1.29 —
FY 2020 ₹1,216 Cr — ₹10 Cr 0.8% −₹3.74 ₹0.00

Balance sheet — FY26

Owes (liabilities)Shareholders' equity
54%
46%
  • Total assets₹7,178 Cr
  • Total liabilities₹3,888 Cr
  • Shareholders' equity₹3,290 Cr
  • Total debt₹2,449 Cr
  • Cash & investments₹166 Cr
  • Current ratio1.15×
  • Revenue growth, 5 yr26.88% a year
  • EPS growth, 5 yr25.15% a year
  • Operating margin (TTM)7.87%
  • Net margin (TTM)2.41%

Cash flow — FY26

Operating activities
▲ ₹840 Cr
Investing activities
▼ −₹929 Cr
Financing activities
▲ ₹235 Cr
Free cash flow
▼ −₹85 Cr
Net change in cash
▲ ₹146 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26
₹ croreFY20FY21FY22FY23FY24FY25FY26
Total revenue1,216.471,288.932,320.253,192.903,704.544,034.114,238.08
Cost of revenue752.29801.051,433.391,944.602,284.942,545.372,718.83
Gross profit464.18487.88886.851,248.301,419.611,488.741,519.25
Operating expenses1,124.531,181.991,972.472,690.383,185.143,735.233,906.36
Operating income91.95106.94347.78502.51519.40298.88331.72
Depreciation120.54116.70169.35201.64257.21271.28332.89
Profit before tax14.7931.74253.20374.44397.53147.6984.01
Tax75.7411.0755.17126.33114.65−183.8612.22
Net profit9.7020.67198.03248.11291.21415.0371.80
EPS (₹)−3.741.2912.3915.4316.6518.333.95
Dividend per share (₹)0.00—0.502.002.002.00—

What Analysts Say

4 analysts

Recommendations from 4 analysts who cover Ramkrishna Forgings.

Sell average rating 3.50 on a 1–5 scale

▲ 0 bullish (0.0%) · 2 hold (50.0%) · ▼ 2 bearish (50.0%)

Votes

Strong Buy
0 (0%)
Buy
0 (0%)
Hold
2 (50%)
Sell
2 (50%)
Strong Sell
0 (0%)

How the votes changed

Rating3M ago2M ago1M ago1W agoNow3-month change
Strong Buy00000 —
Buy00000 —
Hold22222 —
Sell12222 ▲ +1
Strong Sell00000 —

Analyst ratings are opinions, not a guarantee of returns.

Ramkrishna Forgings vs Peers

Side by side with other misc. fabricated products companies. The small bars compare each column.

CompanyPriceChangeMarket capP/EP/BROE (5 yr)Net marginDiv. yieldRating
Ramkrishna Forgings ₹705.45 ▲ +0.61% ₹12,943 Cr 96.35 3.92 11.15% 2.41% 0.14% This stock
Bharat Forge ₹1,991.30 ▼ −0.44% ₹95,202 Cr 89.61 10.93 12.32% 6.54% 0.39% Neutral
Havells India ₹1,088.00 ▼ −0.78% ₹68,279 Cr 44.05 7.88 18.76% 6.92% 0.84% Bearish
Schaeffler India ₹4,033.20 ▼ −1.25% ₹63,241 Cr 56.22 10.72 19.83% 12.03% 0.84% Neutral
Sterlite Technologies ₹823.80 ▼ −5.00% ₹42,336 Cr 464.49 11.20 3.20% 1.18% — Bullish
R R Kabel ₹2,535.50 ▲ +2.39% ₹28,757 Cr 51.24 10.08 17.80% 5.06% 0.48% Bullish

Rating = the data provider's overall technical view of each peer. Company names link to their own pages.

Shareholding Pattern

Who owns Ramkrishna Forgings shares, quarter by quarter (latest on top).

PromoterFIIMFOther
Jun '26
43.4%
20.4%
34.3%
Mar '26
Dec '25
Sep '25
HolderSep '25Dec '25Mar '26Jun '26Change
Promoter43.13%43.13%43.33%43.39% ▲ +0.06 pts
FII22.71%21.05%21.75%20.43% ▼ −1.32 pts
MF1.09%0.98%1.33%1.91% ▲ +0.58 pts
Other33.07%34.84%33.59%34.27% ▲ +0.68 pts

Ramkrishna Forgings Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

Ramkrishna ForgingsBenchmarkComfortable → stretched

Valuation Is the price reasonable?

P/E (TTM)Price ÷ yearly earnings per share
96.35
▲ 459% above the sector average of 17.25
P/E, 12-month rangeLow 11.52 · high 156.51
59%
Today's P/E sits 59% of the way from its low to its high
P/BPrice ÷ book value per share
3.92
P/SPrice ÷ sales per share
2.91
P/CFPrice ÷ cash flow per share
28.10

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods
44.10%
▲ above its 5-yr average of 37.52%
Operating marginKept after running costs
7.87%
▼ below its 5-yr average of 11.44%
Pre-tax marginKept before tax
2.96%
▼ below its 5-yr average of 7.19%
Net marginKept as profit
2.41%
▼ below its 5-yr average of 6.47%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money
2.27%
▼ below its 5-yr average of 11.15%
Return on assetsProfit on everything it owns
1.05%
▼ below its 5-yr average of 4.72%
Return on investmentProfit on long-term capital
1.54%
▼ below its 5-yr average of 7.24%

Growth Is the business getting bigger?

Revenue — last 12 months
+8.6%
▲ growing
Revenue — 3 yr, a year
+9.9%
▲ growing
Revenue — 5 yr, a year
+26.9%
▲ growing (off the scale)
EPS — last 12 months
−22.4%
▼ shrinking
EPS — 3 yr, a year
−36.5%
▼ shrinking (off the scale)
EPS — 5 yr, a year
+25.2%
▲ growing (off the scale)
Book value — 5 yr, a year
+26.8%
▲ growing (off the scale)

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money
0.74×
• Moderate
Current ratioShort-term assets for every ₹1 due within a year
1.15×
• Adequate
Quick ratioLike the current ratio, without inventory
0.54×
! Tight
Interest coverOperating profit ÷ interest to pay
1.74×
! Weak
Payout ratioShare of profit paid as dividend
25.30%
• Keeps most

Per share What each share stands for

EPS (TTM)
₹5.81
Book value
₹181.09
Cash flow
₹25.25
Dividend
₹1.00
Revenue
₹243.92

The share price is 3.90× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 104 metrics from the data provider

Valuation

P/E excluding extraordinary items, most recent fiscal year179.75
Current Dividend Yield - Common Stock Primary Issue, LTM0.14
Price to Book - most recent fiscal year3.92
P/E Basic excluding extraordinary items - TTM96.35
P/E including extraordinary items - TTM122.18
P/E excluding extraordinary items low, trailing 12 months11.52
Price to Tangible Book - most fiscal year4.07
Price to sales - most recent fiscal year3.05
Dividend Yield - indicated annual dividend divided by closing price0.21
Price to Cash Flow per share - trailing 12 month28.10
P/E Normalized, most recent fiscal year162.72
P/E excluding extraordinary items high, trailing 12 months156.51
P/E excluding extraordinary items, most recent fiscal year quarter122.18
Price to sales - trailing 12 month2.91
Net Debt, LFY22,829.46

Per share

Cash Flow per share - trailing 12 month25.25
Cash Flow per share - most recent fiscal year22.27
EPS including extraordinary items - trailing 12 month5.81
EPS including extraordinary items - most recent fiscal year3.95
EBITD per share - trailing 12 month39.15
Revenue/share - trailing 12 month243.92
EPS excluding extraordinary items - trailing 12 month5.81
EPS Basic excluding extraordinary items - most recent fiscal year3.97
EPS Basic excluding extraordinary items - trailing 12 month5.86
Book value per share - most recent fiscal year181.12
Revenue/share - most recent fiscal year233.22
EPS Normalized - most recent fiscal year4.36
Book value (tangible) per share - most recent fiscal year174.55
Dividends per share - trailing 12 month1.00
EPS excluding extraordinary items - most recent fiscal year3.95
Cash per share - most recent fiscal year9.13

Margins

Operating margin - trailing 12 month7.87
Gross Margin - 5 year average37.52
Operating margin - 1st historical fiscal year7.83
Operating Margin - 5 year average11.44
Net Profit Margin % - 1st historical fiscal year1.69
Gross Margin - 1st historical fiscal year35.85
Net Profit Margin % - trailing 12 month2.41
Net Profit Margin - 5 year average6.47
Pretax Margin - 5 year average7.19
Pretax margin - 1st historical fiscal year1.98
Pretax margin - trailing 12 month2.96
Free Operating Cash Flow/Revenue, 5 Year Average−5.58
Gross Margin - trailing 12 month44.10

Growth

EPS Change %, TTM over TTM−22.35
Revenue growth rate, 5 year26.88
EPS growth rate, 5 year25.15
Revenue Change % - most recent quarter 1 year ago19.84
Growth rate% - EPS, 3 year−36.50
Revenue/share (5 yr growth)23.78
Tangible Book Value, Total Equity, 5 Year CAGR29.32
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR17.06
Capital Spending growth rate, 5 year31.99
Revenue Change %, TTM over TTM8.55
Growth rate% - Revenue, 3 year9.90
Book value per share growth rate, 5 year26.79
EPS Change % - most recent quarter 1 year ago289.23
Net Profit Margin growth rate, 5 year1.11
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR24.74
Total Debt, 5 Year CAGR14.71

Financial strength

Net Interest coverage - most recent fiscal year1.74
Free Cash Flow - most recent fiscal year−1,034.49
LT debt/equity - most recent fiscal year0.51
Quick ratio - most recent fiscal year0.54
Payout ratio - trailing 12 month0.00
Current ratio - most recent fiscal year1.15
Total debt/total equity - most recent fiscal year0.74
Net Interest coverage - trailing 12 month1.56
Payout ratio - most recent fiscal year25.30

Returns & efficiency

Return on average equity - 5 year average11.15
Net Income/employee - trailing 12 month3,36,135.20
Revenue/employee - most recent fiscal year1,42,31,290.00
Return on investment - most recent fiscal year1.54
Return on average assets - most recent fiscal year1.05
Receivables turnover - most recent fiscal year4.77
Inventory turnover - most recent fiscal year2.10
Revenue/employee - trailing 12 month1,39,60,670.00
Return on average assets - 5 year average4.72
Net Income/employee - most recent fiscal year2,41,092.30
Asset turnover - most recent fiscal year0.62
Return on average equity - most recent fiscal year2.27
Return on investment - 5 year average7.24

Price & volume

Market Cap12,869.44
52 week Low Date23 Mar 2026
Price - 1 Day % Change−0.84
Relative (S&P500) price percent change - 13 week28.10
Avg trading volume last 10 days0.55
Price - 13 week price percent change24.50
Price - 52 week price percent change25.97
Avg Trading Volume Last 3 months29.35
Price - 5 Day % Change3.11
Price % Change Month To Date−4.49
Relative (S&P500) price percent change - 04 week0.45
52 week High Date19 Aug 2026
Price - 26 week price percent change40.56
PDATE23 Sep 2026
Price - YTD price percent change35.75
Relative (S&P500) price percent change - 52 week38.21
NPRICE710.20
Relative (S&P500) price percent change - 26 week41.40
52 week Low460.15
52 week High772.80
Beta1.54
Relative (S&P500) price percent change - Year to Date54.61

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

Dividend per share₹ per share, by fiscal year
₹2.00
₹2.00
  • Dividend yield0.14%
  • Payout ratio25.30%
  • Latest dividend₹1.00 per share · 8 May 2026

Corporate calendar

  • MeetingPostal Ballot
  • MeetingAnnual General Meeting
  • BoardQuarterly Results
  • Dividend₹1.00 per share · 50% · Interim dividend
  • BoardAudited Results & Interim Dividend
  • MeetingPostal Ballot
  • BoardQuarterly Results & Others
  • MeetingExtraordinary General Meeting
Show 15 older events
  • BoardQuarterly Results & Preferential issue
  • MeetingAnnual General Meeting
  • BoardQuarterly Results & Others
  • MeetingExtraordinary General Meeting
  • Dividend₹1.00 per share · 50% · Interim dividend
  • BoardAudited Results, Dividend & Others
  • BoardQuarterly Results & Others
  • Dividend₹1.00 per share · 50% · Interim dividend
  • BoardQuarterly Results & 1st Interim Dividend
  • Dividend₹1.00 per share · 50% · Interim dividend
  • Dividend₹1.00 per share · 50% · Interim dividend
  • Dividend₹0.50 per share · 25% · Interim dividend
  • Dividend₹0.50 per share · 25% · Interim dividend
  • Dividend₹0.50 per share · 25% · Interim dividend
  • SplitStock split — face value ₹10 → ₹2

About Ramkrishna Forgings

Misc. Fabricated Products

Ramkrishna Forgings Limited is an India-based company which is primarily engaged in the manufacturing and sale of forged components of automobiles, railway wagons and coach and engineering parts. The Company has manufacturing facilities at Gamaria, Adityapur Industrial Area, Baliguma, Dugni at Saraikela, Jamshedpur in Jharkhand and at Liluah in West Bengal. The Company operates through two segments: Forging components and Others. The Forging components segment produces and sells forged products comprising forgings and machined automobile components. Others primarily include services for tours and travel, sanitization and cargo business. Its automotive components include front axle, engine, suspension and chassis, transmission and rear axle. It also manufactures critical components for the tractor and farm equipment industry. It is also engaged in supplying undercarriage and safety critical parts like screw coupling and hangers for bogie bolsters for conventional coaches.

Key people

  • Lalit Kumar KhetanChief Financial Officer, Whole-Time Director
  • Rajesh MundhraCompliance Officer, Company Secretary
  • Naresh JalanManaging Director, Executive Director
  • Milesh GandhiAdditional Whole-Time Director
  • Chaitanya JalanWhole-Time Director

Company facts

  • NSE symbolRKFORGE
  • BSE code532527
  • ISININE399G01023
  • IndustryMisc. Fabricated Products
  • IndexNIFTY 500
  • Market cap₹12,943 Cr
  • Revenue (FY26)₹4,238 Cr
  • Net profit (FY26)₹72 Cr

In the News

Recent headlines about Ramkrishna Forgings — they open on Mint in a new tab.

Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →

Frequently Asked Questions

Ramkrishna Forgings (NSE: RKFORGE) last traded at ₹705.45 on the NSE, up 0.61% (₹4.28) on the day, as of 24 Sep 2026, 9:54 AM. On the BSE it was ₹714.25. The day's range was ₹701.85 – ₹720.75.

Ramkrishna Forgings's 52-week high is ₹772.40 (19 Aug 2026) and its 52-week low is ₹460.15 (23 Mar 2026). At ₹705.45 the share is 8.7% below its high and 53.3% above its low.

Ramkrishna Forgings's market capitalisation is ₹12,943 Cr (₹12,943 Cr). It is part of the NIFTY 500 index.

Ramkrishna Forgings's P/E ratio (trailing 12 months) is 96.35. The sector average is 17.25, so investors pay 459% more for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹5.81.

Ramkrishna Forgings shares are up 25.97% over the last year, up 35.75% so far this year, up 40.56% over 6 months, up 24.50% over 3 months. Over the last year the stock did 38.21% better than the market.

In FY26 (year to Mar 2026), Ramkrishna Forgings reported revenue of ₹4,238 Cr (up 5.06% on the year before) and a net profit of ₹72 Cr. Earnings per share were ₹3.95.

Yes. Ramkrishna Forgings's latest dividend is ₹1.00 per share (50%, interim dividend), with an ex-date of 8 May 2026. The dividend yield is 0.14%. It has paid 8 dividends in the records shown on this page.

Of 4 analysts covering Ramkrishna Forgings, 0 are bullish (0 strong buy, 0 buy), 2 say hold and 2 are bearish. The consensus is Sell (average rating 3.50 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.

As of Jun 2026: Promoter 43.39%, FII 20.43%, MF 1.91%, Other 34.27%. Promoter holding rose by 0.06 percentage points from Mar 2026.

Ramkrishna Forgings's listed peers in Misc. Fabricated Products include Bharat Forge, Havells India, Schaeffler India, Sterlite Technologies, R R Kabel. By market capitalisation it ranks #6 of 6 in this group.