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

Investors are expected to be cautious with Ramkrishna Forgings Limited, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.

Financial Ratios:

currentRatio 1.056000
forwardPE 23.498274
debtToEquity 88.730000
earningsGrowth 0.000000
revenueGrowth -0.139000
grossMargins 0.431740
operatingMargins 0.046460
trailingEps 12.350000
forwardEps 21.725000

RKFORGE's current ratio being 1.056 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that RKFORGE can meet its financial obligations with ease.
Ramkrishna Forgings Limited's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation.
RKFORGE's high debt-to-equity ratio points to a heavily leveraged company. With more debt than equity, RKFORGE may face increased financial risk, especially if its earnings or cash flow come under pressure.
Ramkrishna Forgings Limited's low earnings and revenue growth point to a possible reduction in profits. This trend suggests that the company may face difficulties in maintaining its profitability and could be a cause for concern among investors.
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

Price projections for RKFORGE have been revised lower over time, signaling a more cautious outlook from analysts. The gradual downward trend indicates that expectations for the company's growth may be softening.

Insider Transactions:

Insider Transactions for RKFORGE
Insider Transactions for RKFORGE


There were 2 purchases of RKFORGE stock, with market price of 655.0750122070312.During the period under consideration, no buy transactions took place.The increased selling at RKFORGE's current price levels points to potential future declines. If this selling trend persists, the stock could face more downward pressure, suggesting investor pessimism about its future performance.

Recommendation changes over time:

Recommendations trend for RKFORGE
Recommendations trend for RKFORGE


Analysts have been favoring RKFORGE with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning RKFORGE as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.