NSE: RKFORGE | BSE: 532527

Falling Comet

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586.00 0.75 (0.13%)

New 52W Low in past week

186.5K NSE+BSE Volume

NSE 08 May, 2025 11:04 AM (IST)

10,596.6

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Ramkrishna Forgings Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for RKFORGE, BSE:532527 Ramkrishna Forgings Ltd.

Ramkrishna Forgings Ltd.

18 Aug 2016

586.00

0.13%

Ramkrishna Forgings: Domestic volumes pick up; Extreme weakness in NA

Accumulate: Ramkrishna Forgings Ltd.

Motilal Oswal

Domestic revenues were up 43% YoY at INR 158.3cr owing to uptick in volumes +69.6% YoY to 15,802 tonnes; going forward the company sees good traction from tier-1 domestic clients . Realisations were down 16% YoY. Exports revenues were down 46% YoY [volumes down -37.4% YoY to 5,363 tonnes] at INR 70.1cr as the weakness in the NAFTA clas 8 truck market continued. Realisations were down 14.5% YoY. EBITDA margin at 19.8% (down 160bps YoY) was impacted by breakdown at IOCL's Haldia refinery due to which RKFL had to procure propane gas from South, propelling its fuel cost by ~INR1.0cr (50bps margin impact) Interest costs came in at INR 17.6cr [+44% YoY ] & depreciation increased to INR 16.6cr [+38% YoY] with the new press lines capitalised in the books. Interest cost included forex loss of INR 1.4cr....

Ramkrishna Forgings Ltd. has lost -17.90% in the last 1 Month

Ramkrishna Forgings Ltd.

17 Aug 2016

586.00

0.13%

Ramkrishna Forgings (1QFY17): Weak quarter, Faith intact. Maintain BUY

Buy: Ramkrishna Forgings Ltd.

Target

HDFC Securities

Ramkrishna Forgings (RKFL) 1QFY17 EBITDA at Rs 429mn (-10% YoY) missed estimates by 15% as net sales witnessed 8% YoY decline on weak export volumes and 2% dip in net ASPs. EBITDA margin expanded 20bps QoQ as higher power and fuel costs ( 125bps) was offset by softer commodity prices.

Ramkrishna Forgings Ltd. has lost -39.07% in the last 6 Months

Ramkrishna Forgings Ltd.

30 Jun 2016

586.00

0.13%

Ramkrishna Forgings- Stock Idea

Buy: Ramkrishna Forgings Ltd.

Systematix Group

Ramkrishna Forging Limited (RKFL) promoted by Mr Mahabir Jalan in 1981, is currently a leading player in machined forged products, ring rolling, & high press line forging. RKFL is a preferred supplier for OEM's like TATA Motors, Ashok Leyland & VE Commercial and global supplier for companies like Meritor. The Company has presence in automobiles, railways, mining & defense sector & present in domestic and overseas market. With over 34 years RKFL is coming out with products like Front Axle Beam, Crankshaft, Connecting Rods and Knuckles, critical safety item supplier for Screw Coupling, Bolster suspension, Side frame keys and Draw Gear Assembly for Railway Coaches & wagon. RKFL corporate headquarter is...

Ramkrishna Forgings Ltd. is trading below all available SMAs

Ramkrishna Forgings Ltd.

16 Feb 2016

586.00

0.13%

Ramkrishna Forgings (3QFY16): Tepid quarter; retain faith. Maintain BUY

Buy: Ramkrishna Forgings Ltd.

Target

HDFC Securities

Ramkrishna Forgings (RKFL) 3QFY16 EBITDA at Rs 364mn (-4% YoY, -22% QoQ) missed est by 17%, led by a weak topline (-7% YoY, -16% QoQ) and 160bps QoQ decline in EBITDAM to 18.3%. Adjusted for inventory write-down (~2% of sales), margins stood at 20.3%. Muted sales is attributable to 21% QoQ decline in export vols and 13% QoQ drop in net ASP.

Ramkrishna Forgings Ltd. has lost -21.10% in the last 3 Months

Ramkrishna Forgings Ltd.

10 Nov 2015

586.00

0.13%

Ramkrishna Forgings (2QFY16): In-line quarter; new capacities to drive growth. Maintain BUY

Buy: Ramkrishna Forgings Ltd.

HDFC Securities

Ramkrishna Forgings (RKFL) 2QFY16 APAT at Rs 169mn ( 86% YoY, -4% QoQ) was in line with our estimates. Net sales were flattish on sequential basis, as volume growth of 6% QoQ was offset by a similar decline in Net ASPs due to lower commodity price benefits being passed on.

Promoters unpledged 0.01% of shares in last quarter. Total pledge stands at 5.76% of promoter holdings

Is Ramkrishna Forgings Ltd. worth buying?

230 Votes:

Buy 83.91%

Sell 10.0%

Hold 6.09%

RESEARCH REPORTS

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