Ramkrishna Forgings Share PriceRamkrishna Forgings

₹640.95
-5.15 (-0.8%)
As on 25 September, 2023 | 14:56 BSE: 532527 NSE: RKFORGEISIN: INE399G01023

Ramkrishna Forgings Performance

Day Range

  • Low 625.1
  • High 649.35
640.95

52 Week Range

  • Low 175.75
  • High 752.95
640.95
  • Open Price643.3
  • Previous Close646.1
  • Volume310471

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Ramkrishna Forgings Share Price

  • Over 1 Month -1.6%
  • Over 3 Month 40.41%
  • Over 6 Month 130.68%
  • Over 1 Year 230.34%

Ramkrishna Forgings Key Statistics

P/E Ratio 37.2
PEG Ratio 1.7
Market Cap Cr 10,248
Price to Book Ratio 7.8
EPS 14.7
Dividend 0.2
Relative Strength Index 47.4
Money Flow Index 34.41
MACD Signal 26.79
Average True Range 37.25

Ramkrishna Forgings Investment Rating

  • Master Rating:
  • Ramkrishna Forgings has an operating revenue of Rs. 3,385.90 Cr. on a trailing 12-month basis. An annual revenue growth of 38% is outstanding, Pre-tax margin of 12% is healthy, ROE of 18% is exceptional. The company has a debt to equity of 57%, which is bit higher. The stock from a technical standpoint is comfortably placed above its key moving averages, around 5% and 66% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 85 which is a GOOD score indicating consistency in earnings, a RS Rating of 96 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 64 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has great fundamentals and technical strength to stay in momentum.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Ramkrishna Forgings Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 836835752763651683
Operating Expenses Qtr Cr 648647586592507532
Operating Profit Qtr Cr 188188166170144151
Depreciation Qtr Cr 575649504746
Interest Qtr Cr 343230282626
Tax Qtr Cr 2435312924-7
Net Profit Qtr Cr 776758644787
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 3,0052,287
Operating Expenses Annual Cr 2,3331,758
Operating Profit Annual in Cr 668527
Depreciation Cr 201169
Interest Annual Cr 11593
Tax Annual Cr 12060
Net Profit Annual Cr 236207
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 77839
Cash from Investing Activity Annual Cr -297-353
Cash from Financing Annual Activity Cr -471279
Net Cash Flow Annual Cr 10-36
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,3251,094
Fixed Assets Annual Cr 1,7701,591
Total Non Current Assets Annual Cr 1,8851,681
Total Current Assets Annual Cr 1,7461,755
Total Assets Annual Cr 3,6313,436
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 8368
ROE Annual % 1819
ROCE Annual % 2117
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2223
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 892892777824699719
Operating Expenses Qtr Cr 700698604649549569
Operating Profit Qtr Cr 192194173175150150
Depreciation Qtr Cr 575649504746
Interest Qtr Cr 363431292629
Tax Qtr Cr 2538323026-9
Net Profit Qtr Cr 796861675184
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 3,1972,322
Operating Expenses Annual Cr 2,5011,803
Operating Profit Annual in Cr 692517
Depreciation Cr 202169
Interest Annual Cr 12096
Tax Annual Cr 12655
Net Profit Annual Cr 248198
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 43
Cash from Investing Activity Annual Cr -354
Cash from Financing Annual Activity Cr 280
Net Cash Flow Annual Cr -31
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 1,3221,078
Fixed Assets Annual Cr 1,7781,598
Total Non Current Assets Annual Cr 1,8801,677
Total Current Assets Annual Cr 1,8501,806
Total Assets Annual Cr 3,7303,484
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 8367
ROE Annual % 1918
ROCE Annual % 2217
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2222

Ramkrishna Forgings Technicals

EMA & SMA

Current Price
₹640.95
-5.15 (-0.8%)
  • Bullish Moving Average
  • ___
  • 7
  • Bearish Moving Average
  • ___
  • 9
  • 20 Day
  • ₹669.47
  • 50 Day
  • ₹613.41
  • 100 Day
  • ₹530.43
  • 200 Day
  • ₹431.45
  • 20 Day
  • ₹686.85
  • 50 Day
  • ₹611.36
  • 100 Day
  • ₹503.56
  • 200 Day
  • ₹388.37

Ramkrishna Forgings Resistance and Support

PIVOT
₹643.6
Resistance
First Resistance ₹659
Second Resistance ₹671.9
Third Resistance ₹687.3
RSI 47.4
MFI 34.41
MACD Single Line 26.79
MACD 13.2
Support
First Resistance ₹630.71
Second Resistance ₹615.3
Third Resistance ₹602.4

Ramkrishna Forgings Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 438,409 19,684,564 44.9
Week 472,153 23,876,752 50.57
1 Month 897,211 50,001,561 55.73
6 Month 750,679 34,726,396 46.26

Ramkrishna Forgings Result Highlights

Ramkrishna Forgings Synopsis

NSE-Steel-Producers

Ramkrishna Forgings is involved in the business activities of Manufacture of other fabricated metal products; metalworking service activities. Company’s Total Operating Revenue is Rs. 3001.00 Cr. and Equity Capital is Rs. 31.98 Cr. for the Year ended 31/03/2023. Ramkrishna Forgings Ltd. is a Public Limited Listed company incorporated on 12/11/1981 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L74210WB1981PLC034281 and registration number is 034281.
Market Cap 10,318
Sales 3,186
Shares in Float 8.63
No of funds 109
Yield 0.31
Book Value 7.8
U/D Vol ratio 1.7
LTDebt / Equity 57
Alpha 0.49
Beta 1.6

Ramkrishna Forgings

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 46.27%46.27%46.27%46.27%
Mutual Funds 2.94%3.41%3.31%3.05%
Insurance Companies 0.02%
Foreign Portfolio Investors 16.34%14.8%14%14.52%
Individual Investors 22.24%22.11%22.54%22.39%
Others 12.21%13.41%13.88%13.75%

Ramkrishna Forgings Management

Name Designation
Mr. Mahabir Prasad Jalan Chairman
Mr. Naresh Jalan Managing Director
Mr. Lalit Kumar Khetan WholeTime Director & CFO
Mr. Chaitanya Jalan Whole Time Director
Mr. Pawan Kumar Kedia Whole Time Director - Finance
Mr. Padam Kumar Khaitan Ind. Non-Executive Director
Mr. Ram Tawakya Singh Ind. Non-Executive Director
Mr. Yudhisthir Lal Madan Ind. Non-Executive Director
Mr. Amitabha Guha Ind. Non-Executive Director
Mr. Sandipan Chakravortty Ind. Non-Executive Director
Mr. Partha Sarathi Bhattacharyya Ind. Non-Executive Director
Mr. Ranaveer Sinha Ind. Non-Executive Director
Ms. Rekha Shreeratan Bagry Ind. Non-Executive Director
Mr. Sanjay Kothri Ind. Non-Executive Director

Ramkrishna Forgings Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Ramkrishna Forgings Corporate Action

Date Purpose Remarks
2023-07-21 Quarterly Results & ESOP
2023-04-28 Audited Results & Interim Dividend
2023-01-20 Quarterly Results & Interim Dividend
2022-10-21 Quarterly Results & 2nd Interim Dividend
2022-07-21 Quarterly Results & Interim Dividend
Date Purpose Remarks
2023-05-09 INTERIM Re.0.50 per share (25%) Fourth Interim Dividend
2023-01-31 INTERIM Rs.0.50 per share(25%)Interim Dividend
2022-11-02 INTERIM Rs.0.50 per share(25%)Second Interim Dividend
2022-07-29 INTERIM Rs.0.50 per share(25%)First Interim Dividend
2022-01-31 INTERIM Re.0.50 per share (5%) Third Interim Dividend
Date Purpose Remarks
2022-03-15 Split Rs.0.00 split from Rs. 10/- to Rs. 2/-.

Ramkrishna Forgings MF Shareholding

Name Amount(cr)
Quant Small Cap Fund Growth 8075
Aditya Birla Sun Life Pure Value Fund Growth 4697
Samco Active Momentum Fund Regular Growth 426
Motilal Oswal Nifty Microcap 250 Index Fund Regular Growth 324
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
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Ramkrishna Forgings FAQs

What is Share Price of Ramkrishna Forgings ?

Ramkrishna Forgings share price is ₹640 As on 25 September, 2023 | 14:42

What is the Market Cap of Ramkrishna Forgings ?

The Market Cap of Ramkrishna Forgings is ₹10248.1 Cr As on 25 September, 2023 | 14:42

What is the P/E ratio of Ramkrishna Forgings ?

The P/E ratio of Ramkrishna Forgings is 37.2 As on 25 September, 2023 | 14:42

What is the PB ratio of Ramkrishna Forgings ?

The PB ratio of Ramkrishna Forgings is 7.8 As on 25 September, 2023 | 14:42

Q2FY23