RAMKRISHNA FORGINGS LTD (RKFORGE) financials

RAMKRISHNA FORGINGS LTD (RKFORGE) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coaches and engineering parts.[1][2]It is the 2nd largest forging player in India.[3]

Market Cap: ₹11,797Cr.
Current Price: ₹636
Stock P/E: 94.9
ROE: 2.94%
ROCE: 6.19%
Book Value: ₹180
Dividend Yield: 0.15%
52W High / Low: ₹773/460

In Jun 2026, RAMKRISHNA FORGINGS LTD (RKFORGE) reported sales ₹1,097 Cr and net profit ₹52 Cr.

Annual TTM: sales ₹3,915 Cr, net profit ₹117 Cr.

Shareholding: Promoters 40.92% (Sep 2026), FIIs 17.05% (Sep 2026), DIIs 5.73% (Sep 2026), Public 36.10% (Sep 2026), Others 0.19% (Sep 2026).

RKFORGE quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	971	968	810	937	801	940	1,078	1,097
Expenses	827	859	720	802	693	801	893	904
Operating Profit	144	108	89	135	108	139	185	193
OPM %	15%	11%	11%	14%	13%	15%	17%	18%
Other Income	103	3	10	4	8	-6	3	4
Interest	34	37	43	41	45	42	47	47
Depreciation	54	56	74	68	70	72	72	80
Profit before tax	159	17	-18	29	0	18	69	71
Tax %	14%	12%	-1,277%	27%	24%	28%	25%	27%
Net Profit	136	15	208	22	0	13	52	52
EPS in Rs	7.53	0.84	11.48	1.19	0.02	0.72	2.84	2.86
Raw PDF	—	—	—	—	—	—	—	—

RKFORGE profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,112	1,288	2,285	3,001	3,499	3,634	3,755	3,915
Expenses	907	1,057	1,758	2,332	2,755	3,143	3,187	3,291
Operating Profit	205	231	528	669	745	491	568	625
OPM %	18%	18%	23%	22%	21%	14%	15%	16%
Other Income	6	4	2	4	23	121	9	9
Interest	76	77	94	116	138	148	178	181
Depreciation	120	116	169	201	245	241	283	294
Profit before tax	14	41	266	356	385	224	117	159
Tax %	33%	33%	22%	34%	29%	-80%	26%	—
Net Profit	10	28	206	236	274	402	87	117
EPS in Rs	0.59	1.75	12.89	14.73	15.16	22.20	4.76	6.44
Dividend Payout %	0%	0%	13%	14%	13%	9%	21%	—

RKFORGE balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	33	33	32	32	32	36	36	36
Reserves	840	844	858	1,062	1,293	2,584	2,974	3,238
Borrowings	881	955	1,209	1,604	1,267	977	1,656	1,828
Other Liabilities	395	347	581	738	1,040	1,266	1,200	1,277
Total Liabilities	2,150	2,179	2,680	3,437	3,632	4,863	5,866	6,380
Fixed Assets	1,106	1,167	1,233	1,466	1,685	2,065	2,447	2,973
CWIP	130	216	272	125	85	175	350	188
Investments	19	19	19	74	19	373	461	562
Other Assets	895	777	1,156	1,772	1,842	2,249	2,609	2,657
Total Assets	2,150	2,179	2,680	3,437	3,632	4,863	5,866	6,380

RKFORGE cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	273	251	126	39	778	624	101	678
Cash from Investing Activity	-254	-225	-226	-353	-297	-1,016	-755	-702
Cash from Financing Activity	-17	-26	164	279	-471	514	502	141
Net Cash Flow	2	0	64	-36	10	122	-152	117
Free Cash Flow	18	27	-103	-259	425	72	-635	89
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	83%	126%	57%	16%	126%	101%	46%	121%

RKFORGE shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	43.16%	43.12%	43.12%	43.12%	43.12%	43.33%	43.39%	40.92%
FIIs	24.04%	24.48%	24.45%	22.71%	21.05%	21.75%	20.43%	17.05%
DIIs	5.41%	6.00%	3.60%	3.50%	4.03%	4.45%	5.09%	5.73%
Public	27.37%	26.27%	28.70%	30.55%	31.69%	30.37%	30.90%	36.10%
Others	0.02%	0.13%	0.13%	0.12%	0.12%	0.12%	0.20%	0.19%
No. of Shareholders	95,357	98,142	1,13,670	1,20,495	1,19,647	1,09,027	1,05,810	1,06,395

RKFORGE key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	94	99	159	140	88	80	95	84
Inventory Days	131	258	245	242	220	198	214	199
Days Payable	104	149	244	203	193	195	190	189
Cash Conversion Cycle	121	208	160	179	115	83	118	95
Working Capital Days	20	-4	5	48	40	54	20	25
ROCE %	16%	5%	6%	15%	18%	17%	7%	6%

RKFORGEUpdated 21 Oct 2026, 13:53

Ramkrishna Forgings Ltd

RKFORGEUpdated 21 Oct 2026, 13:53

Market Cap

₹11,797Cr.

Current Price

₹636

High / Low

₹773/460

Stock P/E

94.9

ROE2.94%

ROCE6.19%

Book Value₹180

Face Value₹2.00

Dividend Yield0.15%

About

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	836	34	648	5	57	101	24	77	4.81
Sep 2023	865	37	667	3	59	105	25	80	4.84
Dec 2023	903	36	695	2	63	110	25	82	4.55
Mar 2024	896	30	724	14	66	90	36	58	3.2
Jun 2024	886	32	739	6	56	65	35	43	2.35
Sep 2024	971	34	827	103	54	159	14	136	7.53
Dec 2024	968	37	859	3	56	17	12	15	0.84
Mar 2025	810	43	720	10	74	-18	-1277	208	11.48
Jun 2025	937	41	802	4	68	29	27	22	1.19
Sep 2025	801	45	693	8	70	0	24	0	0.02
Dec 2025	940	42	801	-6	72	18	28	13	0.72
Mar 2026	1078	47	893	3	72	69	25	52	2.84
Jun 2026	1097	47	904	4	80	71	27	52	2.86

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	743	31	615	13	31	78	5	75	5.44
Mar 2016	894	53	717	3	53	75	27	55	3.83
Mar 2017	881	76	722	8	75	16	33	11	0.76
Mar 2018	1435	70	1150	4	84	134	29	95	5.81
Mar 2019	1807	80	1426	3	121	182	35	119	7.31
Mar 2020	1112	76	907	6	120	14	33	10	0.59
Mar 2021	1288	77	1057	4	116	41	33	28	1.75
Mar 2022	2285	94	1758	2	169	266	22	206	12.89
Mar 2023	3001	116	2332	4	201	356	34	236	14.73
Mar 2024	3499	138	2755	23	245	385	29	274	15.16
Mar 2025	3634	148	3143	121	241	224	-80	402	22.2
Mar 2026	3755	178	3187	9	283	117	26	87	4.76
TTM	3915	181	3291	9	294	159	—	117	6.44

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	40.92%
FIIs	17.05%
DIIs	5.73%
Public	36.1%
Others	0.19%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public	Others
Dec 2023	43.15%	23.59%	3.62%	29.58%	0.08%
Mar 2024	43.17%	24.54%	3.69%	28.53%	0.08%
Jun 2024	43.17%	23.76%	4.27%	28.72%	0.08%
Sep 2024	43.17%	24.26%	5.12%	27.43%	0.01%
Dec 2024	43.16%	24.04%	5.41%	27.37%	0.02%
Mar 2025	43.12%	24.48%	6%	26.27%	0.13%
Jun 2025	43.12%	24.45%	3.6%	28.7%	0.13%
Sep 2025	43.12%	22.71%	3.5%	30.55%	0.12%
Dec 2025	43.12%	21.05%	4.03%	31.69%	0.12%
Mar 2026	43.33%	21.75%	4.45%	30.37%	0.12%
Jun 2026	43.39%	20.43%	5.09%	30.9%	0.2%
Sep 2026	40.92%	17.05%	5.73%	36.1%	0.19%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	27	384	720	275	1406	524	316	7	560	1406
Mar 2016	29	443	863	300	1634	939	35	7	653	1634
Mar 2017	29	441	936	406	1812	1016	50	19	725	1812
Mar 2018	33	727	823	430	2012	1068	44	19	882	2012
Mar 2019	33	840	881	395	2150	1106	130	19	895	2150
Mar 2020	33	844	955	347	2179	1167	216	19	777	2179
Mar 2021	32	858	1209	581	2680	1233	272	19	1156	2680
Mar 2022	32	1062	1604	738	3437	1466	125	74	1772	3437
Mar 2023	32	1293	1267	1040	3632	1685	85	19	1842	3632
Mar 2024	36	2584	977	1266	4863	2065	175	373	2249	4863
Mar 2025	36	2974	1656	1200	5866	2447	350	461	2609	5866
Mar 2026	36	3238	1828	1277	6380	2973	188	562	2657	6380

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	49	-273	210	-14
Mar 2016	109	-172	64	1
Mar 2017	144	-108	-37	-1
Mar 2018	125	-110	-15	0
Mar 2019	273	-254	-17	2
Mar 2020	251	-225	-26	0
Mar 2021	126	-226	164	64
Mar 2022	39	-353	279	-36
Mar 2023	778	-297	-471	10
Mar 2024	624	-1016	514	122
Mar 2025	101	-755	502	-152
Mar 2026	678	-702	141	117

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	129	116	163	120	94	99	159	140	88	80	95	84
Inventory Days	169	209	227	153	131	258	245	242	220	198	214	199
Days Payable	129	137	274	148	104	149	244	203	193	195	190	189
Cash Conversion Cycle	169	188	116	125	121	208	160	179	115	83	118	95
Working Capital Days	-5	-6	-71	14	20	-4	5	48	40	54	20	25
ROCE %	10%	10%	7%	14%	16%	5%	6%	15%	18%	17%	7%	6%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of RAMKRISHNA FORGINGS LTD (RKFORGE)?

The reported market capitalisation for RAMKRISHNA FORGINGS LTD (RKFORGE) is ₹11,797Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of RKFORGE?

The current price shown for RAMKRISHNA FORGINGS LTD (RKFORGE) on Fincrux is ₹636 with a 52-week high/low of ₹773/460.

What is the P/E ratio of RAMKRISHNA FORGINGS LTD (RKFORGE)?

The stock P/E for RAMKRISHNA FORGINGS LTD (RKFORGE) is 94.9 on Fincrux, with ROE at 2.94% and ROCE at 6.19%.

What were RKFORGE latest quarterly results?

For Jun 2026, RAMKRISHNA FORGINGS LTD (RKFORGE) reported sales ₹1,097 Cr and net profit ₹52 Cr (figures in ₹ crore unless noted).

What are RKFORGE annual sales and net profit?

For TTM, RAMKRISHNA FORGINGS LTD (RKFORGE) shows sales of ₹3,915 Cr and net profit of ₹117 Cr on the Fincrux profit & loss statement.

Who owns RAMKRISHNA FORGINGS LTD (RKFORGE)?

Latest shareholding for RAMKRISHNA FORGINGS LTD (RKFORGE) on Fincrux: Promoters 40.92% (Sep 2026), FIIs 17.05% (Sep 2026), DIIs 5.73% (Sep 2026), Public 36.10% (Sep 2026), Others 0.19% (Sep 2026).

Where can I find RAMKRISHNA FORGINGS LTD (RKFORGE) financials?

RAMKRISHNA FORGINGS LTD (RKFORGE) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show RKFORGE balance sheet and cash flow?

Yes. The RAMKRISHNA FORGINGS LTD (RKFORGE) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 21 October 2026 at 13:53