Sharekhan

Ramkrishna Forgings Ltd

Thu 13/03/2025,15:59:7 NSE: RKFORGE

₹ 686.10 0.75 (0.11%)
BUY NOW Buy Ramkrishna Forgings Ltd Stock

Open Free Demat and Trading account in 15 minutes

Home Stock Ramkrishna Forgings Ltd

Thu 13/03/2025,0:0:0

Ramkrishna Forgings Ltd

Thu 13/03/2025,15:59:7 | NSE : RKFORGE

₹ 686.100.75 (0.11%)

Data is delayed. Analysis is best done in real-time! Open a FREE Sharekhan Demat A/c in 15 mins* and continue your analysis with real-time data.

Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 690.05

Previous Close

₹ 685.35

Volume

328014

Mkt Cap ( Rs. Cr)

₹12403.05

High

₹ 690.65

Low

₹ 671.05

52 Week High

₹ 1064.05

52 Week Low

₹ 602.05

Book Value Per Share

₹ 162.73

Dividend Yield

0.29

Face Value

₹ 2.00

What’s Your Call?

Collective community sentiment on Ramkrishna Forgings Ltd

Your Vote -

Buy

29.92%

Hold

1.14%

Sell

68.94%

29.92%

264 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Bid Price

Qty

686.10

445

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

445

Option Chain

Analyzes market sentiment, predicts Ramkrishna Forgings Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • Ramkrishna Forgings - General Updates

    5 Mar 2025, 6:18PM Ramkrishna Forgings Limited has informed the Exchange about General Updates w.r.t 1st Vesting of ESOPs under RKFL ESOP Scheme 2023

  • Ramkrishna Forgings - 1St Vesting Of Esops Under 'RKF Limited Employee Stock Option Scheme 2023'

    5 Mar 2025, 6:11PM The Nomination and Remuneration Committee at its meeting held today i.e. 5 March, 2025, approved 1st Vesting of ESOPs under \RKF Limited Employee Stoc

  • Ramkrishna Forgings - General Updates

    3 Mar 2025, 5:47PM Ramkrishna Forgings Limited has informed the Exchange about Corporate Guarantee provided for Ramkrishna Forgings Mexico S.A. de C.V., Wholly-owned Sub

  • Ramkrishna Forgings - Corporate Guarantee For Ramkrishna Forgings Mexico S.A. De C.V., Wholly-Owned Subsidiary Company

    3 Mar 2025, 5:39PM Corporate Guarantee for Ramkrishna Forgings Mexico S.A de C.V., Wholly-owned Subsidiary Company

  • Ramkrishna Forgings - Shareholders meeting

    1 Mar 2025, 3:47PM Ramkrishna Forgings Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot

  • Ramkrishna Forgings - Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

    1 Mar 2025, 3:27PM Declaration of Voting Results and Scrutinizer's Report of Postal Ballot.

  • Ramkrishna Forgings - General Updates

    27 Feb 2025, 6:10PM Ramkrishna Forgings Limited has informed the Exchange about General Updates - Corporate Guarantee

  • Ramkrishna Forgings - Corporate Guarantee For ACIL Limited, Wholly-Owned Subsidiary Company

    27 Feb 2025, 6:03PM The Company has provided a Corporate Guarantee for ACIL Limited, Wholly-owned Subsidiary Company.

  • Ramkrishna Forgings - Reply to Clarification- Financial results

    20 Feb 2025, 1:51PM The Exchange had sought clarification from Ramkrishna Forgings Limited for the quarter ended 31-Dec-2024 with respect to Regulation 33 of the SEBI (Li

  • Ramkrishna Forgings - Clarification - Financial Results

    19 Feb 2025, 11:28AM The Exchange has sought clarification from Ramkrishna Forgings Limited for the quarter ended 31-Dec-2024 with respect to Regulation 33 of the SEBI (Li

  • Ramkrishna Forgings - Capacity Addition By 25,000 Tonnes Per Annum

    31 Jan 2025, 2:50PM Capacity Addition by 25,000 Tonnes Per Annum

  • Ramkrishna Forgings - Capacity addition

    31 Jan 2025, 2:31PM Ramkrishna Forgings Limited has informed the Exchange about Capacity addition

  • Ramkrishna Forgings - Copy of Newspaper Publication

    31 Jan 2025, 12:36PM Ramkrishna Forgings Limited has informed the Exchange about Copy of Newspaper Publication

  • Ramkrishna Forgings - Notice Of Shareholders Meetings-XBRL

    29 Jan 2025, 5:24PM RAMKRISHNA FORGINGS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot

  • Ramkrishna Forgings - Shareholders meeting

    29 Jan 2025, 5:23PM Ramkrishna Forgings Limited has informed the Exchange regarding Notice of Postal Ballot

  • Ramkrishna Forgings - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    29 Jan 2025, 4:53PM We hereby enclose a copy of Postal Ballot Notice dated 17 January, 2025.

  • Ramkrishna Forgings - Copy of Newspaper Publication

    28 Jan 2025, 4:22PM Ramkrishna Forgings Limited has informed the Exchange about Copy of Newspaper Publication

  • Ramkrishna Forgings - Analysts/Institutional Investor Meet/Con. Call Updates

    28 Jan 2025, 3:35PM Ramkrishna Forgings Limited has informed the Exchange about Schedule of meet and Presentation

  • Ramkrishna Forgings - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    28 Jan 2025, 3:29PM Intimation of Schedule of Analyst/Institutional Investor Meet Call

  • Ramkrishna Forgings - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    24 Jan 2025, 12:55PM Earnings Call Transcript - Q3 & 9M of FY 2024-25 Unaudited Standalone and Consolidated Financial Results

  • Ramkrishna Forgings - Analysts/Institutional Investor Meet/Con. Call Updates

    24 Jan 2025, 12:52PM Ramkrishna Forgings Limited has informed the Exchange about Transcript

  • Ramkrishna Forgings - Copy of Newspaper Publication

    20 Jan 2025, 1:19PM Ramkrishna Forgings Limited has informed the Exchange about Copy of Newspaper Publication

  • Ramkrishna Forgings - Analysts/Institutional Investor Meet/Con. Call Updates

    18 Jan 2025, 1:24PM Ramkrishna Forgings Limited has informed the Exchange about Link of Recording

  • Ramkrishna Forgings - Analysts/Institutional Investor Meet/Con. Call Updates

    18 Jan 2025, 11:35AM Ramkrishna Forgings Limited has informed the Exchange about Schedule of meet and Presentation

  • Ramkrishna Forgings - Integrated Filing- Financial

    18 Jan 2025, 11:11AM Integrated Filing (Financials) for the Quarter and Nine Months ended 31st December, 2024

  • Ramkrishna Forgings - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    18 Jan 2025, 1:07PM Audio Link for Earnings Call - Q3 & 9M FY 2024-25

  • Ramkrishna Forgings - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    18 Jan 2025, 11:41AM Intimation of Schedule of Analyst / Institutional Investor Meet / Call.

  • Ramkrishna Forgings - Integrated Filing (Financial)

    18 Jan 2025, 11:01AM Integrated Filing (Financials) for the Quarter and Nine Months ended 31st December, 2024

  • Ramkrishna Forgings - Alteration Of Capital and Fund Raising-XBRL

    17 Jan 2025, 6:15PM RAMKRISHNA FORGINGS LIMITED has informed the Exchange regarding Allotment of Securities

  • Ramkrishna Forgings - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    17 Jan 2025, 5:40PM RAMKRISHNA FORGINGS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer

  • Ramkrishna Forgings Q3 net profit up 21.02% at Rs 99.55 cr

    17 Jan 2025, 5:00PM The company reported standalone net profit of Rs 99.55 crore for the quarter ended December 31, 2024 as compared to Rs 82.26 crore in the same period

  • Ramkrishna Forgings - Announcement under Regulation 30 (LODR)-Change in Directorate

    17 Jan 2025, 4:54PM Appointment of Ms. Sucharita Basu De (DIN: 06921540) as an Additional Director, designated as an Independent Director of the Company, with effect from

  • Ramkrishna Forgings - Appointment

    17 Jan 2025, 4:52PM Ramkrishna Forgings Limited has informed the Exchange regarding Appointment of Mrs Sucharita Basu De as Non- Executive Independent Director of the com

  • Ramkrishna Forgings - Press Release

    17 Jan 2025, 4:49PM Ramkrishna Forgings Limited has informed the Exchange regarding a press release dated January 17, 2025, titled ""RKFL reports continued growth in Q3FY

  • Ramkrishna Forgings - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    17 Jan 2025, 4:47PM Please find enclosed herewith our Press Release titled \Q3 & 9M FY25 Earnings Release\

  • Ramkrishna Forgings - Investor Presentation

    17 Jan 2025, 4:34PM Ramkrishna Forgings Limited has informed the Exchange about Investor Presentation

  • Ramkrishna Forgings - Announcement under Regulation 30 (LODR)-Investor Presentation

    17 Jan 2025, 4:34PM Please find enclosed herewith the copy of the Q3 & 9M FY25 Earnings Presentation for the Quarter and Nine Months ended 31 December, 2024.

  • Ramkrishna Forgings - Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 And 33 Of The SEBI (LODR)

    17 Jan 2025, 4:26PM Outcome of Board Meeting pursuant to Regulation 30 and 33 of the SEBI (LODR) Regulations, 2015

  • Ramkrishna Forgings - Financial Results For The Quarter And Nine Months Ended 31St December, 2024

    17 Jan 2025, 4:23PM Financial Results for the Quarter and Nine Months ended 31st December, 2024 alongwith Limited Review Report.

  • Ramkrishna Forgings - Financial Result Updates

    17 Jan 2025, 4:23PM Ramkrishna Forgings Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.

  • Ramkrishna Forgings - Outcome of Board Meeting

    17 Jan 2025, 4:21PM Ramkrishna Forgings Limited has informed the Exchange regarding Board meeting held on January 17, 2025.

  • Ramkrishna Forgings - General Updates

    16 Jan 2025, 6:14PM Ramkrishna Forgings Limited has informed the Exchange about Grant Of Esops Under RKFL ESOP Scheme 2023 & Change In Trustees Of RKFL ESOP Trust

  • Ramkrishna Forgings - Grant Of Esops Under RKFL ESOP Scheme 2023 & Change In Trustees Of RKFL ESOP Trust

    16 Jan 2025, 6:07PM Grant of ESOPs under RKFL ESOP Scheme 2023 and Deed of Variation w.r.t Change in Trustees of Ramkrishna Forgings Limited Employee Welfare Trust

  • Ramkrishna Forgings has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    15 Jan 2025, 5:00PM As of December 2024, 43.16% is owned by Indian Promoters, 56.82% by Public and 0.02% by Non Promoters-Non Public. <p align=justify> Institutional hold

  • Ramkrishna Forgings - Board Meeting Intimation

    8 Jan 2025, 6:33PM RAMKRISHNA FORGINGS LIMITED has informed the Exchange about Board Meeting to be held on 17-Jan-2025 to consider and approve the Quarterly Unaudited Fi

  • Ramkrishna Forgings - Board Meeting Intimation for Unaudited Standalone & Consolidated Financial Results - Q3 & 9M FY 2024-25

    8 Jan 2025, 6:31PM RAMKRISHNA FORGINGS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/01/2025 ,inter alia, to consider

  • Ramkrishna Forgings - Trading Window-XBRL

    31 Dec 2024, 1:45PM Ramkrishna Forgings Limited has informed the Exchange about Closure of Trading Window

  • Ramkrishna Forgings - Trading Window

    31 Dec 2024, 1:42PM Ramkrishna Forgings Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulatio

  • Ramkrishna Forgings - General Update

    16 Dec 2024, 1:08PM Analyst Meet Intimation of Thursday, 12 December, 2024

  • Stock update - Ramkrishna Forgings Limited

    25 Oct 2024 , 12:14PM Stock update Ramkrishna Forgings Limited : Maintained guidance on robust order book

  • Ramkrishna Forgings

    2 Sep 2024 , 1:59PM RKFL has approved an investment of upto Rs. 90 crores for setting up a forgings manufacturing facility in Mexico to manufacture end yokes and tube yokes. The manufacturing facility will have an installed capacity of 11,000 MT per annum and is expected to be operational by FY 2025-26. The Mexico entity is not a material entity for the company.

  • Ramkrishna Forgings board approves divestment of 100% stake

    2 Sep 2024 , 12:37PM Divestment of 100% stake in arm Globe India for ₹128 cr to Yatra Online

  • Ramkrishna Forgings

    22 Apr 2024 , 9:07AM Approval to supply of power train components to USA’s largest electric passenger vehicle producer has been put on hold. ( Negative read through as the stock related positively when RKFL has received an approval from USA's PV player to supply power train components on Friday 18 th April 2024).

  • Ramkrishna Forgings gets nod to supply power train components

    18 Apr 2024 , 11:59AM Ramkrishna Forgings gets approval to supply power train components to USA’s Largest Electric Passenger Vehicle produce

  • Ramkrishna Forgings

    18 Apr 2024 , 11:43AM RKFL Secures approval to supply power train components to USA’s largest electric passenger vehicle producer. This landmark approval signifies the company's position into the electric passenger vehicle segment with a strong emphasis on powertrain components.

  • Ramkrishna Forgings bags prestigious order for Vande Bharat Train Set

    15 Apr 2024 , 9:51AM Ramkrishna Forgings secures order worth Rs. 270 Cr for Vande Bharat Train set

  • Ramkrishna Forgings

    4 Apr 2024 , 10:19AM RKFL has added new capacity of 18250 tons. With this new capacity RKFL's total capacity has increased from 210,900 tons to 229,150 tons. The company has invested around Rs. 54.59 crores for making the capacity addition as per the capex plan of the company. This new capacity will help the company to cater to additional demands from the customers. Positive read through.

  • Stock update Ramkrishna Forgings

    5 Mar 2024 , 12:02PM Stock update Ramkrishna Forgings Ltd Riding on diversification.

  • Analyst meet update : Ramkrishna Forgings

    4 Mar 2024 , 12:31PM Analyst meet update : Ramkrishna Forgings

  • Ramkrishna Forgings

    23 Feb 2024 , 10:24AM With an investment of Rs 90 cr RKFL has decided to set up a manufacturing plant in Mexico. The plant will have capacity of 11000 MT / annum and would be adequately supported by the order inflow visibility from a North American customer . Further, This facility would allow RKFL to supply locally manufactured parts to the North American customers. Directionally positive

  • Ramkrishna Forging bags contract to supply to light vehicle segment

    20 Feb 2024 , 11:21AM Secures US$220 mn contract to supply to light vehicle segment across North America

  • Ramkrishna Forgings

    16 Feb 2024 , 12:40PM RKFL has provided corporate guarantee of Rs. 65 Crores for Ramkrishna Aeronautics Private Limited (RAPL),a wholly owned subsidiary company to secure the credit facilities availed by RAPL.

  • Ramkrishna Forgings

    16 Feb 2024 , 12:36PM RKFL has provided corporate guarantee of Rs. 65 Crores for Ramkrishna Aeronautics Private Limited (RAPL),a wholly owned subsidiary company to secure the credit facilities availed by RAPL.

  • Ramkrishna Forgings

    30 Jan 2024 , 1:06PM RKFL has has provided Corporate Guarantee up to an amount of Rs. 50 Crores for JMT Auto Limited (JMT), wholly owned subsidiary company, to secure the credit facilities to be availed by JMT.

  • Ramkrishna Forgings

    29 Jan 2024 , 3:03PM India Ratings & Research has upgraded the ratings of the Company for its fund-based bank facilities from INDA+ ( A1) to INDAA- ( A1+) and for its Non fund based facilities from INDA1 to IND A1+.

  • Stock update : Ramkrishna Forgings

    19 Jan 2024 , 11:45AM Stock update : Ramkrishna Forgings – Q3FY24 result : Sustaining margins

  • Ramkrishna Forgings (RKFL) : Q3FY24 result

    18 Jan 2024 , 2:54PM Ramkrishna Forgings (RKFL) : Q3FY24 result : slightly above estimate

  • Ramkrishna Forgings

    11 Jan 2024 , 10:24AM Ramkrishna Forgings Limited has announced a strategic partnership with McKinsey for a comprehensive 15-month transformation program.

  • Ramkrishna Forgings announces strategic partnership with McKinsey

    10 Jan 2024 , 2:55PM Ramkrishna Forgings forms strategic partnership with McKinsey for 15-month transformation programme

  • Ramkrishna Forgings

    22 Dec 2023 , 3:00PM The resolution plan submitted by the RKFL for the acquisition of ACIL Limited has been approved by the NCLT. ACIL Limited is engaged in the manufacturing of high precision engineering automotive components, It majorly manufactures crankshafts for tractors, HCV, LCV as well as two wheelers. Besides, the company also manufactures connecting rods, steering knuckles and hubs. lts manufacturing facility is located in Gurugram, Haryana.

  • Ramkrishna Forgings bags 7.82 MWp Solar PV project from Prozeal Green Energy

    24 Nov 2023 , 1:37PM Ramkrishna Forgings takes strides towards carbon neutrality with 7.82 MWp solar PV project

  • Ramkrishna Forgings

    20 Nov 2023 , 2:17PM Following the NCLT approval RKFL has completed the acquisition of JMT Auto at Rs 135 cr ( Cash : Rs 70 cr + in the form of instrument : Rs 55 cr). Along with that RKFL would also invest Rs 50 cr in JMT for capex and working capital requirements. JMT Auto has an expertise in heat treatment and gear manufacturing for auto sector and is capable to manufacture components for oil and gas sector.

  • Ramkrishna Forgings

    9 Nov 2023 , 10:21AM RKFL has approved the QIP placement with a floor price of Rs 644.46. A meeting of the capital market committee is scheduled on 13 Nov to approve issue price (including discount if any).

  • Ramkrishna Forgings Ltd

    26 Sep 2023 , 10:48AM RKFL has scheduled a Board meeting on 29 Sep 2023 to consider and approve the proposal of conversion of 46 lakh warrants into equal number equity shares.

  • Ramkrishna Forg bags order worth Rs. 74 cr from a European OEM in South America

    30 Aug 2023 , 10:25AM Ramkrishna Forgings expands its footprint into the South American market with Rs. 74 crores contract win

  • Ramkrishna Forgings

    24 Aug 2023 , 10:31AM RKFL has received an order of Rs 156 crore to supply transmission and engine components for eurasian farm equipment customer. Positive read through.

  • Ramkrishna Forging secures Eurasian farm equipment order.

    24 Aug 2023 , 9:58AM Ramkrishna Forgings secures Rs. 156 cr contract to supply transmission & engine components for Eurasian farm equipment customer.

  • Ramkrishna Forgings (RKFL)

    22 Aug 2023 , 10:23AM RKFL's resolution plan to acquire JMT auto has been verbally approved by NCLT (Committe of creditors have already approved the plan in. Jan 2023). JMT would help RKFL in further expanding its revenue streams as JMT caters to auto as well as to oil& gas industry. Positive read through.

  • Ramkrishna Forgings secures order from OEM

    17 Aug 2023 , 10:12AM Ramkrishna Forgings bags Rs 145 cr contract from European Original Equipment Manufacturer (OEM)

  • Ramkrishna Forgings

    16 Aug 2023 , 11:00AM RKFL has secured an order of annual value of USD 13.65 mn (~ Rs 112 cr) from North American customer to supply rear axle and transmission components. This order would further strengthen RKFL's position in overseas markets. Positive read through

  • Ramkrishna Forgings

    19 Jul 2023 , 10:51AM With a capex of 71.17 cr RKFL has added a new capacity of 23,800 TPA effective from 18 July 2023. With this its total capacity has been expanded from 187,100 TPA to 210,900 TPA. Capacity utilization has been already reached to 92% by June 2023. (Positive read through)

  • Ramkrishna Forgings bags new order from European Railway Passenger Coach Manufacturer

    14 Jun 2023 , 2:21PM Ramkrishna Forgings secures prestigious order worth 4.5 Million Euros from Prominent European Railway Passenger Coach Manufacturer

  • Ramkrishna Forgings

    10 Apr 2023 , 10:21AM The Company has successfully renewed the long term contract with additional new product range with Overseas Tier 1 customer based in North America and the same is valid till 31 December, 2027. ( positive read through)

  • Ramkrishna Forgings renews contract with overseas Tier 1

    10 Apr 2023 , 10:10AM Ramkrishna Forgings renews long-term contract with a North America-based co till December 31, 2027

  • Ramkrishna Forgings

    15 Mar 2023 , 1:42PM RKFL has emerged as the Lowest Bidder (L1) ( in a consortium with Titagarh Wagons) for Manufacturing and Supply of Forged Wheels for railway segment. The total quantity of Forged Wheels to be supplied will be around 15,40,000 wheels over a period of 20 (twenty) years. (positive read through for RKFL)

  • Ramkrishna Forgings

    9 Mar 2023 , 10:16AM NCLT has already approved the RKFL's bid for turning around JMT auto at a cost of Rs 125 cr . In order to complete the acquisition of JMT auto, the company has incorporated a subsidiary -“RKFL Engineering Industry Private Limited''. The management has earlier indicated that the JMT auto is capable to deliver a peak revenue of Rs 450 -500 cr. Further India ratings and research has upgraded RKFL’s rating from A to A+ with stable outlook.(Positive read through)

  • Ramakrishna Forgings (RKFL); Q3FY23 result

    20 Jan 2023 , 3:22PM Ramakrishna Forgings (RKFL); Q3FY23 result , Stable gross margin on q-o-q basis

  • Ramkrishna Forgings Ltd.

    18 Jan 2023 , 9:58AM The Lenders to JMT Auto have approved a resolution plan by Ramkrishna Forgings to turn around JMT auto. The details of the resolution plan have yet to be disclosed. A positive read through.

  • Ramkrishna Forgings to buy up to 51% of TSUYO Manufacturing in phases

    15 Dec 2022 , 10:06AM Ramkrishna Forgings plans to expand its EV portfolio; to acquire upto 51% voting rights in TSUYO Manufacturing”

  • Ramkrishna Forgings

    15 Dec 2022 , 9:37AM The company’s board has approved for acquiring 51% voting stake in a start-up, TSUYO Manufacturing Pvt Ltd. (TSUYO), which is engaged in providing powertrain solutions for electric vehicles. The planned acquisition would widen company’s product portfolio and expand its facilities for the manufacture of motors, controllers, E-axles, and differentials. The Company plans to invest around Rs.100 crores over the next five years, which is expected to generate a turnover of around Rs.500 crores by the end of the fifth year. The acquisition of first tranche of securities of TSUYO is expected to be completed prior to Q4FY23. The completion of acquisition of securities of TSUYO in various tranches is subject to the completion of several conditions’ precedents and pre-closing covenants by TSUYO and TSUYO promoters. Positive read thru.

  • GNA Axles, RK Forgings

    2 Dec 2022 , 10:32AM CV OEMs continues to report healthy monthly numbers post festive seasons. Companies such as GNA Axles and RK Forgings will continue to benefit from CV OEMs. We continue to maintain our positive outlook on these companies.

  • Ramkrishna Forgings gets export order from Swedish OEM

    21 Oct 2022 , 10:15AM Ramkrishna Forgings bags export order worth Rs. 121.5 cr from a Swedish OEM for EV component business

  • Ramkrishna Forgings bags export order worth Rs. 131.5 cr

    10 Oct 2022 , 10:41AM Ramkrishna Forgings bags export order worth Rs. 131.5 cr from tier-1 rear & front axle manufacturer

  • Ramkrishna Forgings

    13 Sep 2022 , 10:55AM Company has approved a fund raise of Rs94.3 crore through an issue up to 46 lakh convertible warrants at Rs 205 each on preferential basis to promoters/public category. Upon allotment of these warrants, the Company will receive Rs. 23.6 crores during the year and balance Rs. 70.7 crores will be received within the next 18 months from the date of allotment of warrants. The funds raised will be mostly utilised for reducing debt.

  • Ramkrishna Forgings bags export order worth Rs. 20.5 cr/annum

    30 Aug 2022 , 10:25AM Wins Export order worth Rs. 20.5 cr (USD 2.58 million) per annum for supply of Metal Bars in Non-Auto segment

  • Bharat Forge, RK Forgings, GNA Axles

    3 Aug 2022 , 10:22AM North America’s class 8 and class 5-7 trucks’ net order have declined by 55.8% y-o-y and 55.3% y-o-y respectively. The key reasons are weakness in spot rate and expectation that the freight rates might weak in the near term. This is negative for the Indian auto ancillary companies which have exposure to North America’s truck market.

  • Ramkrishna Forgings

    5 Jul 2022 , 11:54AM The credit agency, India Research and Ratings, has revised the company’s outlook upwards to positive from stable and the rating is affirmed at IND A/A1. The revision reflects improving scenario automotive business across segments and the company’s robust order book. Positive

  • Ramkrishna Forgings

    1 Jul 2022 , 2:35PM The rating agency, ICRA, has reaffirmed rating and outlook at A/A1/Stable. The ratings consider the healthy performance of RKFL in FY2022 owing to a strong revenue growth in the domestic M&HCV segment and a significant increase in its exports business by venturing into new geographies. Positive

  • Ramkrishna Forgings bags export order worth Rs. 115.0 cr from Europe

    8 Jun 2022 , 12:09PM Ramkrishna Forgings wins export order from European Tier 1

  • Bharat Forge, RK forgings

    3 Jun 2022 , 9:50AM Bharat Forge, RK forgings: North America class 8 trucks were 43.6% y-o-y and 15% m-o-m at 13,300 units in May 2022. Semi-conductor issues continue to impact production and sales. This will affect sales of Bharat Forge and RK Forgings, due to significant exposure to Truck markets. Negative

  • Ramkrishna Forgings bags multi-year export order worth Rs. 105 cr/annum from US-based trailer manufacturers

    10 May 2022 , 10:16AM Wins a multi-year export order worth Rs. 1050 mn per annum from a leading Trailer Manufacturers in the USA

  • Ramkrishna Forgings bags 5-year export order worth Rs. 33 cr

    21 Apr 2022 , 11:47AM Export order win from European Tier-1 Axle manufacturer

  • RKFL wins biggest recent export order of Rs. 1350 mn for 5 years

    5 Apr 2022 , 11:08AM Ramkrishna Forgings surges by 5% to Rs. 177.05, after receiving an export order worth Rs. 135 crore from a Euroasian OEM manufacturer

  • Ramkrishna Forgings wins biggest domestic order of Rs 750 million

    15 Mar 2022 , 12:05PM RKFL wins biggest Recent Domestic Order of Rs. 750 million pa from India’s largest MHCV OEM

  • Ramkrishna Forgings tie up with USA Axle Manufacturer

    8 Mar 2022 , 12:30PM Enters business association from USA Axle Manufacturer for Light Vehicle segment

  • Stock Update: Ramkrishna Forgings

    19 Jan 2022 , 11:01AM Stock Update: Ramkrishna Forgings Ltd. – Mixed Q3; Outlook remain positive

  • Ramkrishna Forgings bags order worth Rs 57.5 cr from North America

    13 Jan 2022 , 12:13PM Ramkrishna Forgings wins export order worth Rs. 57.5 crore from North America for the supply of Spindle

  • Ramkrishna Forgings wins export order worth Rs. 300 mn

    28 Dec 2021 , 11:59AM Ramkrishna Forgings: The company has received an LOI worth of Rs 22.5 crore (USD 3 million) per annum from a tier 1 Axle Manufacturer in Mexico for manufacturing of front axle beam. This will help the company to growth its exports revenue and improvement in content per vehicle. Positive

  • Ramkrishna Forgings bags order worth Rs 22.5 cr from Mexico

    28 Dec 2021 , 11:40AM RKFL gets LOI worth USD Rs. 22.5 cr per annum from Mexico

  • Ramkrishna Forgings

    6 Dec 2021 , 3:09PM Ramakrishna Forgings: The company has won domestic order worth Rs 72 crore from an Indian OEM engaged in MHCV segment to be executed over a four-year period. Positive read thru

  • Ramkrishna Forgings bags domestic order worth Rs. 72 cr

    6 Dec 2021 , 11:15AM Ramkrishna Forgings bags domestic order worth Rs 72 cr from an Indian OEM in the M&HCV segment, to be executed over a four-year period

  • Ramkrishna Forgings bags order worth $1.2 mn in Oil & Gas segment

    26 Nov 2021 , 11:38AM Wins domestic order worth Rs. 90 million in Oil & Gas segment

  • Ramkrishna Forgings, ePropelled (USA) partner on EV Motors

    12 Nov 2021 , 10:09AM Ramkrishna Forgings signs MoU with US-based ePropelled to co-develop eAxles for EVs

  • Ramkrishna Forgings wins Order from Indian Railways

    18 Oct 2021 , 2:01PM Ramkrishna Forgings wins Order from Indian Railways for the manufacturing of Loco Shells

  • Ramkrishna Forgings enters into agreement with PwC

    18 Oct 2021 , 12:00PM PwC will develop a ESG Roadmap and integrate it with overall corporate strategy along with implementation of the same

  • Ramkrishna Forgings Jamshedpur fabrication plant receives approval from European OEM

    14 Oct 2021 , 11:27AM Ramkrishna Forgings commences the serial production of heavy fabrications

  • Stock Update: Ramkrishna Forgings

    12 Oct 2021 , 9:38AM Stock Update: Ramkrishna Forgings Ltd – Strong Q2; eyeing wider growth horizons

  • Ramkrishna Forgings signs MoU with US-based company

    7 Oct 2021 , 12:42PM MOU for the development of EV Powertrain components with US based Technology Partner

  • Ramkrishna Forgings wins order worth Rs. 50 crore

    1 Oct 2021 , 10:57AM Wins an order worth Rs. 50 crore per annum for supply of Tractor & Farm Equipments from International Tractors Ltd

  • Ramkrishna Forgings wins export order worth Rs. 300 mn

    24 Sep 2021 , 5:07PM Wins yet another export order worth Rs. 300 mn per annum from North America in Oil & Gas segment

  • Ramkrishna wins order worth Rs. 650 crore

    22 Sep 2021 , 11:04AM Ramkrishna Forgings bags order worth Rs 65 crore in the mining & earthmoving segment

  • Ramkrishna Forgings wins order from North America

    15 Sep 2021 , 10:51AM Ramkrishna Forgings bags export order worth Rs. 25 crore from North America

  • Ramkrishna Forgings bags export order of Rs.130 cr from an OEM

    8 Sep 2021 , 10:25AM Wins first export order worth Rs. 130 cr from an OEM in a CIS country

  • Stock Update: Ramkrishna Forgings

    31 Aug 2021 , 9:54AM Stock Update: Ramkrishna Forgings Ltd - Robust demand: Continuing Growth Momentum

  • Ramkrishna Forgings wins order from major Global Axle Manufacturer

    30 Aug 2021 , 11:42AM Wins order from a major Global Axle Manufacturer located in India for Warm Forging Business worth Rs. 120 million per annum

  • Ramkrishna Forgings

    30 Aug 2021 , 10:56AM The company’s board has approved raising up to Rs 500 crore via issuance of equity shares or bonds or any other securities

  • Ramkrishna Forgings

    23 Aug 2021 , 10:10AM Ramkrishna Forgings: The board to consider proposals for fund raising on 27Th August, 2021 in the AGM.

  • Ramkrishna Forging board to mull fund raising on 27 Aug

    23 Aug 2021 , 10:07AM Ramkrishna Forgings said that its board will meet on August 27, 2021, to consider fund raising plans

  • Ramkrishna Forgings bags order worth 20 million euros

    16 Aug 2021 , 2:03PM Wins another multi-year order from European Tier 1 customer worth EUR

  • Ramkrishna Forgings

    16 Aug 2021 , 1:16PM Ramkrishna Forgings: The company has bagged multi-year order of worth EUR 20 million from European Tier I customer. The order is to be implemented over the period of 4 years distributed equally. We have a buy rating on the stock.

  • Ramkrishna Forgings bags domestic order from OEM

    2 Aug 2021 , 5:18PM Wins domestic multi-year order from Foreign Multinational Tier 1 OEM worth Rs. 51 crore

  • Ramkrishna Forgings : Stock Update

    27 Jul 2021 , 9:50AM Ramkrishna Forgings Limited: Stock Update - Strong CV business outlook

  • Ramkrishna Forgings

    20 Jul 2021 , 9:34AM India ratings has assigned A/A1 credit ratings with stable outlook. Ind-Ra expects the consolidated revenues to improve 38%-40% y-o-y in FY22. This will be led by a likely upcycle in the domestic medium and heavy commercial vehicle (MHCV) industry as well as improving export demand scenario, supported by customer additions. Positive

  • Ramkrishna Forgings

    13 Jul 2021 , 3:18PM The company has received PPAP (Parts Product Approval Process) clearance and confirmation to launch Euro 15 million from a European OEM. The order is to be implemented over the next three years, starting from July 2021, distributed equally. We continue to maintain our positive stance on the company with a Buy rating and PT of Rs 786.

  • Ramkrishna Forgings bags multi-year order from European OEM

    13 Jul 2021 , 10:45AM Wins multi-year order from European OEM worth Rs. 132 crore approx

  • Ramkrishna Forgings

    6 Jul 2021 , 12:54PM The rating agency ICRA has revised its outlook for Ramkrishna Forgings to positive from stable, while has reaffirmed its rating at A-/A2+. The change in outlook is on the back of steady improvement in M&HCV demand in both domestic and export markets. The company has adequate capacity and product reach to cater to this rising demand. We continue to remain positive on the company, with Buy rating and PT of Rs 786.

  • Ramkrishna Forgings

    29 Jun 2021 , 9:35AM The credit rating agency ICRA has re-affirmed credit ratings for the company at A-/A2+, while the outlook has been revised to positive from stable. The revision in outlook is on back of steady improve in M&HCV demand in both domestic as well as export markets. We are positive on the company’s growth prospects with Buy rating and PT of Rs 786.

  • Ramkrishna Forging Q1FY21

    17 May 2021 , 4:00PM Ramkrishna Forging Q1FY21 con-call highlights

  • Ramkrisha Forgings

    26 Apr 2021 , 9:33AM Ramkrishna Forging: The company has started commercial production of 7000T press from its plant V, situated in Jamshedpur w.e.f 22nd April, 2021. This will enhance the production capacity of the company by 17,000 tons per annum. Positive

  • Bharat Forge, Ramkrishna Forgings

    3 Mar 2021 , 10:17AM Bharat Forge, RK Forging: Class 8 Truck orders in the U.S. rise 209% y-o-y to 44,000 units in February’21 from 14,243 units in February’20. On a month-on-month basis, orders were up 2.8% as compared to 42,800 units in January’21. February is the fifth consecutive month where orders were higher than 40,000 units. Companies such as Bharat Forge and RK forging will be beneficiary due to decent exposure to US truck business. Positive read thru

  • Bharat Forge, Ramkrishna Forging

    3 Feb 2021 , 9:41AM Preliminary North America Class 8 trucks net orders in January 2021 were 42,200 units - a 146% improvement from year-ago January. However, it is down 17% m-o-m. North America Classes 5-7 demand, with orders at 25,300 units - up 26% y-o-y and 28% m-o-m decline. Positive for Bharat Forge and Ramkrishna Forgings, owing to their exposure to North America truck markets.

  • Oberoi Realty, Ramkrishna Forgings

    25 Jan 2021 , 10:49AM Oberoi Realty: The company’s consolidated revenues rose 57.1% y-o-y to Rs. 828 crore for Q3FY2021. Its OPM expanded by 258 bps y-o-y (down 1283 bps q-o-q) to 46.2% leading to 66.3% y-o-y rise in operating profit to Rs. 382 crore. Strong revenue growth and higher OPM led to 93.4% y-o-y (up 2.1x q-o-q) rise in consolidated net profit to Rs. 287 crore. The company booked sales of Rs. 850 crore during the quarter which was up 3.4x y-o-y and 4.2x q-o-q.

  • Ramkrishna Forgings

    3 Dec 2020 , 12:24PM In media interaction, the management of Ramkrishna Forgings is positive on export. The company has six month visibility for exports and operating at 100% capacity. The domestic segment is currently operating at 60% and expects CV demand might take six more months. On margins front, the company expects margins to improve in Q3FY21, driven by higher capacity utilisation. The company is able to pass on rise in steel prices to customers.

  • Ramkrishna Forgings

    31 Aug 2020 , 10:14AM Board to consider raising Rs 150 crore via NCDs on September 2, 2020.

  • Bharat Forge, Ramkrishna Forgings

    20 Aug 2020 , 11:46AM As per media news, Commerce Ministry initiates review for extension of anti-dumping duty on import of front axle beams and steering knuckles from China; positive if anti-dumping duty is extended

  • Bharat Forge, Ramkrishna Forgings

    3 Jul 2020 , 12:36PM As per media news, USA Class 8 truck orders in June 2020 have increased to 16,000 units. June orders are up strongly 139% month on month basis and up 23% on yoy basis. Growth in truck orders on both yoy and mom basis is positive.

  • Ramkrishna Forgings reports weak Q4 result

    27 May 2019 , 10:30AM Ramkrishna Forgings: Q4FY2019 revenue growth moderated sharply to flat sales (compared to strong double digit growth earlier) due to weak demand environment. EBIDTA margins dropped marginally 70 bps yoy to 20.1%. Higher depreciation and interest expenses led to Net Profit falling by 27% yoy.

  • Ramkrishna Forgings reports strong Q3FY19 numbers

    4 Feb 2019 , 11:35AM Ramkrishna Forgings: Strong performance across parameters – Numbers beat estimates

  • Ramkrishna Forgings: Viewpoint

    31 Jul 2018 , 12:53PM Ramkrishna Forgings: Viewpoint Q1FY2019 - Outlook deteriorates; downgrade to Neutral

  • Ramkrishna Forgings reports strong set of nos for Q1

    30 Jul 2018 , 10:53AM Ramkrishna Forgings posts Q1 net profit at Rs27.7 cr for the Quarter ended June 30, 2018

  • Ramkrishna Forgings rating has been revise by ICRA

    25 Jul 2018 , 11:18AM ICRA has revised the company’s long term credit rating to "A (Stable Outlook)" from "A- (Positive Outlook)", while the short term ratings have been revised from "A2+" to "A1"

  • North America class 8 truck net orders for May 2018

    6 Jun 2018 , 9:57AM Positive read through for Bharat Forge, Motherson Sumi, Ramkrishna Forgings, GNA Axles

  • Ramkrishna Forgings reports strong operating performance

    28 May 2018 , 11:10AM We have a Positive View on the stock and shall come out with a detailed note post the management conference call.

  • Ramkrishna Forgings expect 18-20% returns

    19 Mar 2018 , 10:55AM We initiate Viewpoint coverage on RFL and expect 18-20% returns over the next 6-8 months.

  • ICRA upgrades Ramkrishna Forgings's ratings

    28 Feb 2018 , 10:11AM Positive read through for Ramkrishna Forgings as the company's long term rating has been upgraded from stable outlook to positive outlook.

  • RBI hikes Foreign Portfolio Investments limit

    9 Aug 2017 , 9:06AM Ramkrishna Forgings: RBI has hiked FPI (Foreign Portfolio Investments) limit from 24% to 49%; positive read thru.
Load More
Show Less

Key fundamentals

Evaluate the intrinsic value of Ramkrishna Forgings Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 3476.5209 2565.9207 2671.4766 2002.5927 1719.7088
Liabilities 3476.5209 2565.9207 2671.4766 2002.5927 1719.7088
Equity 36.1552 31.9779 31.9779 31.9327 32.6068
Gross Profit 793.8549 668.1909 526.9691 229.9251 203.7156
Net Profit 326.0693 235.5921 206.5018 27.9553 9.6144
Cash From Operating Activities 636.3558 777.7559 39.0789 126.4969 248.6525
NPM(%) 9.34 7.85 9.03 2.16 0.86
Revenue 3489.6075 3000.9986 2285.3655 1288.3752 1111.8202
Expenses 2695.7526 2332.8077 1758.3964 1058.4501 908.1046
ROE(%) 11.08 8 7.01 0.95 0.32

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
31 Oct 2024 1 50 0.29 1020.9
10 May 2024 0 0 0.29 768.3
30 Oct 2023 1 50 0.29 672.15
09 May 2023 0.5 25 0.29 307.55
31 Jan 2023 0.5 25 0.29 257.75
28 Jul 2022 0.5 25 0.29 163.4
08 Sep 2022 0.2 10 0.29 181.95
28 Jan 2022 0.5 5 0.29 1012.6
21 Oct 2021 0.5 5 0.29 1185.9
05 Aug 2021 0.5 5 0.29 819.35
29 Aug 2019 1.5 15 0.29 479.6
12 Sep 2018 1 10 0.29 769.1
07 Sep 2017 1 10 0.29 458.1
15 Sep 2016 2 20 0.29 375.3
03 Sep 2015 2 20 0.29 581.2
05 Jun 2014 1 10 0.29 126.4
11 Jul 2013 1 10 0.29 102
19 Jul 2012 2 20 0.29 130
29 Jul 2010 1 10 0.29 123.9
21 Aug 2008 1 10 0.29 183
05 Sep 2007 1 10 0.29 165.65
08 Sep 2005 1 10 0.29 77.45

Peers

Other companies within the same industry or sector that are comparable to Ramkrishna Forgings Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Eimco Elecon (India) Ltd 1366.25 0.95 16.13 395.71 700.57 0.37
CIE Automotive India Ltd 384.95 0.73 17.65 26024.23 218.13 1.82
Action Construction Equipment Ltd 1151.25 -1.49 35.24 8169.09 1377.86 0.17
Hercules Hoists Ltd 138.60 1.06 11.96 2195.20 1124.23 2.89

Company Info

Ramkrishna Forgings Limited was incorporated under the Companies Act, 1956 on llth November, 1981 as a Private Limited company and subsequently converted in to a Limited Company w.e.f.. May 25th, 1995. The company is having its registered office at 6, Waterloo Street, Calcutta- 700 069. It occupies two industrial plot measuring about 3.90 acres at VI th phase, Adityapur Industrial Area, Gamharia, Jamshedpur. For the proposed expansion, the company has already acquired two additional plots one at Plot No. M-15, M-16 & NS-26 at VIIth Phase, Adityapur Industrial Area measuring about 3.90 Acres and another plot adjacent to the existing factory of the company at VI th phase, Adityapur Industrial Area. The company also has a factory at Liluah Industrial Area, Howrah. Ramkrishna Forgings Limited commenced its production in 1984 as a SSI unit. It was manufacturing Forging items for Railways. Turnover was in the range of Rs. 50-60 Lacs per annum. Over a period of time, the unit developed various other parts uses by Railway. It included certain safety items also like hangers for coaches. The unit got itself registered with RDSO. Capacity of the unit was about 40 Ton per month. The company undertook its major expansion in the year 1997, whereby it increased its forging & die making capacity at Jamshedpur. Beside it developed machining facilities & heat treatment facilities including Iso-annealing. This made the unit to undertakes production of Auto Forging for original equipment manufacturer (OEM), besides supplies to Railways. The unit added a number of reputed companies in its customer list. The company also purchased a unit at Liluah Industrial Area, Howrah. This unit has a machine shop for the rough machining of components. Acquisition of this unit helped the company to supply finished components to Railways & Body Builders directly from its Local unit. The company took Term Loan of Rs. 330.00 Lacs from Canara Bank to complete that expansion. The company is very regular in payment of Term Loan instalment and present balance in this account is about Rs. 101.54 Lacs. In the year 2002-03, the company took a 2nd term loan of Rs. 125.00 Lacs from Canara Bank to further increase . the forging capacity of the unit. This project was completed in the month of August this year. After this expansion, forging capacity of the unit increased up to 5550 MT per annum. The company has explored export market for their products and is well taken in the export market also. The company has started supplies of Forged components to a few reputed customers. In the last financial year, the company achieved export turnover of Rs. 1.70 Crores. Very recently, the company has received QS 9000 certification from BVQI. This will enable the company to broad base its export market. To further facilitate the export market, the company is installing pneumatic hammer of 6-ton capacity for the forging of heavy range of items up to 75Kg. Taking in to account the encouraging response from export market the company has undertaken expansion cum diversification project. The project envisages setting up of an EOU at VII th phase, Adityapur Industrial Area and consolidation in capacity of existing unit in forging. For this purpose the company has got it registered with EPC and is granted EOU status by the office of DGFT. The company has been allotted a plot of land measuring about 3.90 Acres in 7th phase of Adityapur Industrial Area, set up mainly for Export Oriented Units. 1994 -RKFL came in vogue as a limited company. 1995 -RKFL became a supplier to TATA Motors Jamshedpur. 2000 -Accredited as an ISO 9002 Company. 2002 -Approved by Indian Defence for producing Defence related parts. 2004 -Ramkrishna Forgings is setting up a new gear line at their unit. -Mr. Manish Choudhari, Ramawtar Agarwal, Ramprasad Saraf and Mr. Sajjan Naredi have been appointed as the Directors of the company. -RKFL became a listed company in NSE and BSE, launched IPO - Accredited as a TS 16949 Company. 2005 -The Company has recommended dividend of 10% 2006 -Successful extension from forgings to machining. -Mr.S.N. Rajesh has been appointed as an additional Director of the company 2007 -Registered Office of the Company has been shifted From 6, Waterloo Street, Kolkata To L&T Chambers, 16, Camac Street, Kolkata. 2008 -Commencement of Ring Rolling Facility. -The Company has recommend a dividend of 10% for the year 2009 -The company became TS 16949 certified. 2010 -The Company has recommended a dividend of 10% i.e. Rs. 1/- per share. 2011 -RKFL received OSHAS and NABL accreditation. -The company has launched an ESOP scheme for the welfare of the Employees and the ESOP scheme of the company is administered by the Ramkrishna Forgings Employee Welfare Trust. -The Company has recommended a dividend of 20% i.e. Rs. 2/- per share. 2012 -The Company has recommended a dividend of Rs. 2/- per share. -Mr. Y. L. Madan & R. T. Singh have joined the Company as Additional Directors. -The Company has entered into an agreement for the acquisition of Globe Forex and Travels Limited. 2013 -Ramkrishna Forgings acquired 100% Shareholding of Globe Forex & Travels Ltd. 2014 -The Company has recommended a dividend of Re. 1/- per share for the year 2013-2014. 2020 -The Company has completed the trial run of Hollow Spindle Line on 25.11.2020 and started its commercial production on 26.11.2020.'. 2021 --Ramkrishna Forgings signs MoU with Massachusetts based ePropelled. - RK Forge bags order from Scandinavian automotive OEM. -Ramkrishna Forgings commences production of heavy fabrication at Jamshedpur. -Ramkrishna Forgings Limited announce regarding enhancing the production capacity of the Company in Plant VII of the Forging Division. 2022 -The Company has splits its face value from Rs. 10/- to Rs. 2/-. -'RKFL Newly commissioned Warm Forging Plant Successfully starts dispatching of products to India's leading axle manufacturer'. -"RKFL wins 2021 Volvo Eicher Commercial Vehicle ( VECV) award for "Overall Supplier Excellence for Eicher Engineering Components". 2023 -RKFL was awarded with the best Supplier award in the Category of Cost Competitiveness at Tata Motors Supplier Conference, 2023. -RKFL won the coveted Supplier of the year award at Automotive Axles Supplier Meet, 2023.

Ramkrishna Forgings Limited was incorporated under the Companies Act, 1956 on llth November, 1981 as a Private Limited company and subsequently converted in to a Limited Company w.e.f.. May 25th, 1995. The company is having its registered office at 6, Waterloo Street, Calcutta- 700 069. It occupies two industrial plot measuring about 3.90 acres at VI th phase, Adityapur Industrial Area, Gamharia, Jamshedpur. For the proposed expansion, the company has already acquired two additional plots one at Plot No. M-15, M-16 & NS-26 at VIIth Phase, Adityapur Industrial Area measuring about 3.90 Acres and another plot adjacent to the existing factory of the company at VI th phase, Adityapur Industrial Area. The company also has a factory at Liluah Industrial Area, Howrah. Ramkrishna Forgings Limited commenced its production in 1984 as a SSI unit. It was manufacturing Forging items for Railways. Turnover was in the range of Rs. 50-60 Lacs per annum. Over a period of time, the unit developed various other parts uses by Railway. It included certain safety items also like hangers for coaches. The unit got itself registered with RDSO. Capacity of the unit was about 40 Ton per month. The company undertook its major expansion in the year 1997, whereby it increased its forging & die making capacity at Jamshedpur. Beside it developed machining facilities & heat treatment facilities including Iso-annealing. This made the unit to undertakes production of Auto Forging for original equipment manufacturer (OEM), besides supplies to Railways. The unit added a number of reputed companies in its customer list. The company also purchased a unit at Liluah Industrial Area, Howrah. This unit has a machine shop for the rough machining of components. Acquisition of this unit helped the company to supply finished components to Railways & Body Builders directly from its Local unit. The company took Term Loan of Rs. 330.00 Lacs from Canara Bank to complete that expansion. The company is very regular in payment of Term Loan instalment and present balance in this account is about Rs. 101.54 Lacs. In the year 2002-03, the company took a 2nd term loan of Rs. 125.00 Lacs from Canara Bank to further increase . the forging capacity of the unit. This project was completed in the month of August this year. After this expansion, forging capacity of the unit increased up to 5550 MT per annum. The company has explored export market for their products and is well taken in the export market also. The company has started supplies of Forged components to a few reputed customers. In the last financial year, the company achieved export turnover of Rs. 1.70 Crores. Very recently, the company has received QS 9000 certification from BVQI. This will enable the company to broad base its export market. To further facilitate the export market, the company is installing pneumatic hammer of 6-ton capacity for the forging of heavy range of items up to 75Kg. Taking in to account the encouraging response from export market the company has undertaken expansion cum diversification project. The project envisages setting up of an EOU at VII th phase, Adityapur Industrial Area and consolidation in capacity of existing unit in forging. For this purpose the company has got it registered with EPC and is granted EOU status by the office of DGFT. The company has been allotted a plot of land measuring about 3.90 Acres in 7th phase of Adityapur Industrial Area, set up mainly for Export Oriented Units. 1994 -RKFL came in vogue as a limited company. 1995 -RKFL became a supplier to TATA Motors Jamshedpur. 2000 -Accredited as an ISO 9002 Company. 2002 -Approved by Indian Defence for producing Defence related parts. 2004 -Ramkrishna Forgings is setting up a new gear line at their unit. -Mr. Manish Choudhari, Ramawtar Agarwal, Ramprasad Saraf and Mr. Sajjan Naredi have been appointed as the Directors of the company. -RKFL became a listed company in NSE and BSE, launched IPO - Accredited as a TS 16949 Company. 2005 -The Company has recommended dividend of 10% 2006 -Successful extension from forgings to machining. -Mr.S.N. Rajesh has been appointed as an additional Director of the company 2007 -Registered Office of the Company has been shifted From 6, Waterloo Street, Kolkata To L&T Chambers, 16, Camac Street, Kolkata. 2008 -Commencement of Ring Rolling Facility. -The Company has recommend a dividend of 10% for the year 2009 -The company became TS 16949 certified. 2010 -The Company has recommended a dividend of 10% i.e. Rs. 1/- per share. 2011 -RKFL received OSHAS and NABL accreditation. -The company has launched an ESOP scheme for the welfare of the Employees and the ESOP scheme of the company is administered by the Ramkrishna Forgings Employee Welfare Trust. -The Company has recommended a dividend of 20% i.e. Rs. 2/- per share. 2012 -The Company has recommended a dividend of Rs. 2/- per share. -Mr. Y. L. Madan & R. T. Singh have joined the Company as Additional Directors. -The Company has entered into an agreement for the acquisition of Globe Forex and Travels Limited. 2013 -Ramkrishna Forgings acquired 100% Shareholding of Globe Forex & Travels Ltd. 2014 -The Company has recommended a dividend of Re. 1/- per share for the year 2013-2014. 2020 -The Company has completed the trial run of Hollow Spindle Line on 25.11.2020 and started its commercial production on 26.11.2020.'. 2021 --Ramkrishna Forgings signs MoU with Massachusetts based ePropelled. - RK Forge bags order from Scandinavian automotive OEM. -Ramkrishna Forgings commences production of heavy fabrication at Jamshedpur. -Ramkrishna Forgings Limited announce regarding enhancing the production capacity of the Company in Plant VII of the Forging Division. 2022 -The Company has splits its face value from Rs. 10/- to Rs. 2/-. -'RKFL Newly commissioned Warm Forging Plant Successfully starts dispatching of products to India's leading axle manufacturer'. -"RKFL wins 2021 Volvo Eicher Commercial Vehicle ( VECV) award for "Overall Supplier Excellence for Eicher Engineering Components". 2023 -RKFL was awarded with the best Supplier award in the Category of Cost Competitiveness at Tata Motors Supplier Conference, 2023. -RKFL won the coveted Supplier of the year award at Automotive Axles Supplier Meet, 2023.

Read More

Parent Organisation

Ramkrishna Forgings Ltd.

Founded

12/11/1981

Managing Director

Mr.Naresh Jalan

NSE Symbol

RKFORGEEQ

FAQ

The current price of Ramkrishna Forgings Ltd is ₹ 686.10.

The 52-week high for Ramkrishna Forgings Ltd is ₹ 690.65 and the 52-week low is ₹ 671.05.

The market capitalization of Ramkrishna Forgings Ltd is currently ₹ 12403.05. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Ramkrishna Forgings Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Ramkrishna Forgings Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Ramkrishna Forgings Ltd shares.

The CEO of Ramkrishna Forgings Ltd is Mr.Naresh Jalan, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

OPEN FREE* DEMAT ACCOUNT