Conference Call with Ramkrishna Forgings Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Conference Call with Ramkrishna Forgings Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Industrial Products company Ramkrishna Forgings announced Q3FY25 results Standalone Financial Highlights: Revenue from Operation: Rs 95,272 lakh, change 5.5% YoY. EBITDA & Margin: Rs 21,545 lakh, change 22.6% YoY, Margin 22.6% for Q3FY25. ROCE: 15.5% for Q3FY25. Consolidated Financial Highlights: Revenue from Operation: Rs 1,07,378 lakh, change 7.9% YoY. EBITDA & Margin: Rs 23,152 lakh, change 5.4% YoY, Margin 21.6% for Q3FY25. ROCE: 15.5% for Q3FY25. Naresh Jalan, Managing Director, Ramkrishna Forgings, said: We are pleased to report a strong performance in the third quarter with Consolidated Revenues higher by 8% on a YoY basis. This is despite de-growth growth in domestic CV volumes of 4%. Our growth has been driven by higher share of business across existing customers supported by ramp up of new components and order wins awarded in recent quarters. We have also witnessed sustained momentum in exports this quarter. In terms of order wins, we have received orders amounting to Rs 697 crore to be executed over a period of four years across from Non Auto segment including Railways. The outlook remains exciting both for the near and medium term on the back of multiple growth levers of new products, new customers, new verticals being served and new capacities. We are set to commence offerings towards two-wheelers and passenger vehicles, in the coming months and quarters. This will enable further growth coming from the automotive sector, as we have not catered to these segments earlier. We are also excited by the prospects from new components as well as new assemblies. Capacity augmentation in cold forging and aluminum forging will aid growth, while newer, more automated lines and more value engineered lines, will enable higher value addition. Our plan for streamlining of our subsidiaries is progressing well and we are set to scale up our offerings in casting which will complement our robust track record in forged products. With our recent entry into aluminum forging, we are also well positioned to address the opportunities from EV and hybrid vehicles. Our strategy of diversified growth, underpinned by a balanced approach to risk and return, will help us to drive sustained value creation for all stakeholders.” Result PDF
Conference Call with Ramkrishna Forgings Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.