Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Tools & Accessories

Ramkrishna Forgings Limited engages in the manufacture and sale of forged components for automobiles, railway wagons and coaches, and engineering parts in India and internationally. It operates in two segments, Forging Components and Others. The company's products portfolio includes beam, knuckle, steering arm, tie-rod-arm, sector shaft, front hub, crankshaft, camshaft, connecting rod, piston, pitman arm, BC lever assembly, mounting bracket, yoke, UJ cross, transmission gear and shaft, crown wheel, pinion, differential case and case cover, differential gear and pinion, spindle, rear axle shaft, spider, helical gear, tube flange and shaft, and tube yoke products. It also offers bucket, backhoe bucket, shovel, track line and roller, bucket tooth, pivot pin, prop shaft, and bearing centre products; and wing nut, valve bonet, T-bolt socket joint, and tooth crusher hammer products. In addition, the company provides bogie frame and bolster, screw coupling, hanger, draw gear assembly, anti roll bar assembly, control arm support, center pivot pin, centering disc, traction center, and guide products. Further, it offers tractor-trailer products, such as trailer axle, air and mechanical suspension, landing leg, and bolton and weldable king pin products; as well as engages in the sanitization and cargo, and tour and travel businesses. The company offers its products for various industries and sectors, including automotive, earth moving and mining, farm equipment, power, construction, general engineering, railways, steel plants, and oil and gas exploration, as well as for original equipment manufacturers. Ramkrishna Forgings Limited was incorporated in 1981 and is headquartered in Kolkata, India.

Revenue projections:

Revenue projections for RKFORGE
Revenue projections for RKFORGE

Revenues for RKFORGE are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 0.000000
forwardPE 20.402184
debtToEquity 70.011000
earningsGrowth -0.855000
revenueGrowth 0.010000
grossMargins 0.435560
operatingMargins 0.067900
trailingEps 16.030000
forwardEps 34.270000

RKFORGE's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
RKFORGE's low growth in earnings and revenue points to a likely reduction in profits. This signals a weakening financial performance, indicating the company might face difficulties in staying profitable.
RKFORGE's negative gross and operating margins highlight that the company is incurring losses, unable to generate profit from production or operations. This could be a sign of rising costs or declining revenues, impacting its financial outlook.
RKFORGE's forward EPS surpassing its trailing EPS signals that the company is anticipated to be more profitable this year than last. This growth expectation highlights RKFORGE's potential for increased earnings and a stronger financial performance in the upcoming year.

Price projections:

Price projections for RKFORGE
Price projections for RKFORGE

Price projections for RKFORGE have been gradually reduced, reflecting growing uncertainty about the company's future performance. The downward revisions indicate analysts are lowering their expectations for RKFORGE's market trajectory.

Insider Transactions:

Insider Transactions for RKFORGE
Insider Transactions for RKFORGE


RKFORGE had 3 buy transactions, with market price at 731.2666829427084 per share.Throughout the period under consideration, no buy transactions were recorded.The trend of more sells than buys around Ramkrishna Forgings Limited's current price levels suggests possible weakness. If this pattern continues, it could lead to additional price declines, as selling pressure might increase, signaling investor concerns.

Recommendation changes over time:

Recommendations trend for RKFORGE
Recommendations trend for RKFORGE


Analysts have shown a buy bias for Ramkrishna Forgings Limited, marking it as a favorable investment option. This could inspire investors to see Ramkrishna Forgings Limited as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.