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

RKFORGE is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.

Financial Ratios:

currentRatio 0.000000
forwardPE 17.609976
debtToEquity 50.350000
earningsGrowth 0.098000
revenueGrowth 0.015000
grossMargins 0.484430
operatingMargins 0.156160
trailingEps 21.500000
forwardEps 34.270000

RKFORGE's Forward PE ratio suggests the stock price is reasonable in relation to earnings. It's not overpriced, providing room for future growth, making the stock a potentially valuable investment for those seeking long-term gains.
RKFORGE's forward EPS exceeding its trailing EPS implies that the company is projected to be more profitable this year. This suggests an improvement in financial performance, with analysts expecting RKFORGE to generate stronger earnings compared to the previous financial year.

Price projections:

Price projections for RKFORGE
Price projections for RKFORGE



Insider Transactions:

Insider Transactions for RKFORGE
Insider Transactions for RKFORGE


RKFORGE saw 3 buying transactions, each while market price hovered at 731.2666829427084.No buy transactions were carried out during the period under review.More sells than buys at RKFORGE's current price levels suggest a potential downside. If this selling trend persists, it could trigger further price declines, as increased selling often reflects investor pessimism about the stock's future prospects.

Recommendation changes over time:

Recommendations trend for RKFORGE
Recommendations trend for RKFORGE


Analysts' recent buy bias toward RKFORGE suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see RKFORGE as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.