Ramkrishna Forgings Ltd.

NSE: RKFORGE | BSE: 532527 | ISIN: INE399G01023 | Industry: Castings & Forgings
| Weak Stock
524.1500 15.60 (3.07%)
NSE Dec 23, 2025 15:31 PM
Volume: 729.0K
 

524.15
3.07%
HDFC Securities
We value the stock at Rs 908 (18x Sept-20E EPS). Maintain BUY Ramkrishna Forgings (RMKF) reported another strong quarter with revenue/EBITDA growth of 36/29% YoY. Net revenue at Rs 4.6bn, aided by higher volume (+18% YoY at 35k tons) and improved net realization (+6% YoY). Domestic and export volumes stood at 27.5k (+19.3%) and 7.4k tons (+13%), respectively. Management expects exports contribution to increase in 2H led by an increase in content per vehicle.
Promoters pledged 10.00% of shares in last quarter. Total pledge stands at 15.76% of promoter holdings
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