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

With RKFORGE's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.

Financial Ratios:

currentRatio 1.056000
forwardPE 24.952818
debtToEquity 88.730000
earningsGrowth 0.000000
revenueGrowth -0.139000
grossMargins 0.431740
operatingMargins 0.046460
trailingEps 12.340000
forwardEps 34.270000

RKFORGE's current ratio of 1.056 highlights the company's ability to easily cover its short-term debt using its available cash and assets. This indicates a strong liquidity position, ensuring RKFORGE is unlikely to face difficulties in meeting immediate financial obligations.
Ramkrishna Forgings Limited's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
RKFORGE's elevated debt-to-equity ratio suggests the company is leveraging debt heavily, increasing its financial risk. While this can support growth, it could also lead to challenges if the company's profitability or cash flow weakens.
Ramkrishna Forgings Limited's low earnings and revenue growth suggest that the company may see declining profits. This indicates potential financial challenges ahead, and could lead to a more cautious outlook from investors.
Ramkrishna Forgings Limited'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 Ramkrishna Forgings Limited's potential for increased earnings and a stronger financial performance in the upcoming year.

Price projections:

Price projections for RKFORGE
Price projections for RKFORGE

RKFORGE's price projections have steadily declined, indicating that analysts are revising their outlook on the company. This downward trend reflects a more cautious perspective on RKFORGE's future growth prospects.

Insider Transactions:

Insider Transactions for RKFORGE
Insider Transactions for RKFORGE


3 RKFORGE stock purchases took place, with market price of 731.2666829427084.During the period under consideration, there were no buy transactions.RKFORGE's current price levels are experiencing more selling activity, which could signal bearish sentiment. If this trend continues, it may lead to further price declines, as increased selling pressure typically indicates investor concerns about the stock's future performance.

Recommendation changes over time:

Recommendations trend for RKFORGE
Recommendations trend for RKFORGE


Ramkrishna Forgings Limited has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view Ramkrishna Forgings Limited as a reliable choice for their money, offering a promising avenue for future growth and financial gains.