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Day High
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NSE Close — 25 Sep 2026
₹704.5
Change
-5.05 (-0.71%)
Open
₹709.0
Prev. Close
₹709.55
Day High
₹715.5
Day Low
₹695.65
Volume Analysis
Traded
285,768
Delivered
138,036
Delivery %
48.3%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (2)
- •Low return on equity (2.51%)
- •Promoter holding is falling
Opportunities (1)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹734.64 | ₹725.07 | ₹714.79 | ₹705.22 | ₹694.94 | ₹685.37 | ₹675.09 |
| Fibonacci | ₹725.07 | ₹717.49 | ₹712.8 | ₹705.22 | ₹697.64 | ₹692.95 | ₹685.37 |
| Camarilla | ₹709.96 | ₹708.14 | ₹706.32 | ₹705.22 | ₹702.68 | ₹700.86 | ₹699.04 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+36.41%
1 Week
-1.67%
1 Month
-6.22%
3 Months
+24.71%
6 Months
+40.35%
1 Year
+32.24%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹126.83
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
3.1%
Net margin 2.41% × asset turnover 0.59x × equity multiplier 2.18x
Company Overview
Sector
Automobile and Auto Components
Market Cap
₹13,073 Cr
P/E (TTM)
114.0
ROE
2.51%
Book Value
₹181.0
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.
TopFund Analysis
Ramkrishna Forgings Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Automobile and Auto Components sector, at 58/100. The strongest factor is Momentum (78/100), while Valuation (25/100) is the weakest area to weigh before deciding. Notably: Low return on equity (2.51%); promoter holding is falling. FII holding has been rising.
TopFund Score — Fundamentals Quality
58/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company's working capital requirements have reduced from 28.5 days to 13.1 days
- −Stock is trading at 3.89 times its book value
- −Company has low interest coverage ratio.
- −Company has a low return on equity of 9.75% over last 3 years.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
34 lakh equity shares allotted to promoter Chaitanya Jalan on 24 Sep 2026 after warrant conversion, raising ₹149.94 crore.
The management of the Company will virtually attend "Bharat Connect 2026 - Rising Stars" conference on 28 September, 2026, as per details attached.
CRISIL assigned Ramkrishna Forgings an ESG score of 60 on 21 September 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 892 | 899 | 996 | 974 | 959 | 1,054 | 1,074 | 947 | 1,015 | 908 | 1,099 | 1,217 | 1,217 |
| Expenses + | 700 | 699 | 776 | 786 | 791 | 888 | 948 | 849 | 873 | 790 | 936 | 1,014 | 999 |
| Operating Profit | 192 | 200 | 220 | 188 | 169 | 165 | 126 | 98 | 142 | 118 | 162 | 203 | 218 |
| OPM % | 22.0% | 22.0% | 22.0% | 19.0% | 18.0% | 16.0% | 12.0% | 10.0% | 14.0% | 13.0% | 15.0% | 17.0% | 18.0% |
| Other Income + | 5 | 7 | 4 | 19 | 11 | 84 | 4 | 11 | 4 | 6 | -9 | 2 | 3 |
| Interest | 36 | 38 | 39 | 34 | 36 | 39 | 42 | 49 | 49 | 53 | 51 | 57 | 57 |
| Depreciation | 57 | 61 | 68 | 72 | 62 | 60 | 64 | 85 | 80 | 80 | 84 | 88 | 99 |
| Profit before tax | 104 | 109 | 117 | 100 | 80 | 151 | 24 | -24 | 17 | -10 | 18 | 59 | 65 |
| Tax % | 24.0% | 24.0% | 25.0% | 34.0% | 32.0% | 7.0% | 12.0% | -945.0% | 32.0% | -8.0% | 25.0% | 5.0% | 28.0% |
| Net Profit + | 79 | 82 | 87 | 66 | 55 | 140 | 21 | 200 | 12 | -10 | 14 | 56 | 47 |
| EPS in Rs | 5 | 5 | 5 | 4 | 3 | 8 | 1 | 11 | 1 | -1 | 1 | 3 | 3 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 754 | 908 | 921 | 1,491 | 1,931 | 1,216 | 1,289 | 2,320 | 3,193 | 3,705 | 4,034 | 4,238 | 4,440 |
| Expenses + | 623 | 727 | 758 | 1,202 | 1,545 | 1,008 | 1,065 | 1,802 | 2,499 | 2,931 | 3,474 | 3,611 | 3,739 |
| Operating Profit | 131 | 181 | 163 | 289 | 386 | 209 | 224 | 518 | 694 | 774 | 561 | 627 | 701 |
| OPM % | 17.0% | 20.0% | 18.0% | 19.0% | 20.0% | 17.0% | 17.0% | 22.0% | 22.0% | 21.0% | 14.0% | 15.0% | 16.0% |
| Other Income + | 12 | 2 | 7 | 4 | 3 | 6 | 5 | 1 | 4 | 36 | 109 | 2 | 2 |
| Interest | 32 | 55 | 78 | 73 | 84 | 80 | 81 | 97 | 122 | 147 | 167 | 212 | 219 |
| Depreciation | 32 | 53 | 75 | 85 | 121 | 121 | 117 | 169 | 202 | 257 | 271 | 333 | 353 |
| Profit before tax | 79 | 75 | 17 | 135 | 184 | 15 | 32 | 253 | 374 | 406 | 231 | 84 | 131 |
| Tax % | 5.0% | 27.0% | 33.0% | 30.0% | 35.0% | 34.0% | 35.0% | 22.0% | 34.0% | 28.0% | -80.0% | 15.0% | — |
| Net Profit + | 75 | 55 | 11 | 95 | 120 | 10 | 21 | 198 | 248 | 291 | 415 | 72 | 107 |
| EPS in Rs | 5 | 4 | 1 | 6 | 7 | 1 | 1 | 12 | 16 | 16 | 23 | 4 | 6 |
| Dividend Payout % | 7.0% | 11.0% | 26.0% | 3.0% | 4.0% | 0.0% | 0.0% | 14.0% | 13.0% | 12.0% | 9.0% | 25.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 383 | 442 | 440 | 726 | 840 | 843 | 851 | 1,046 | 1,290 | 2,598 | 3,001 | 3,254 |
| Borrowings + | 735 | 882 | 957 | 845 | 912 | 993 | 1,233 | 1,618 | 1,333 | 1,207 | 2,126 | 2,449 |
| Other Liabilities + | 297 | 332 | 433 | 452 | 417 | 361 | 587 | 785 | 1,076 | 1,422 | 1,364 | 1,423 |
| Total Liabilities | 1,442 | 1,685 | 1,858 | 2,056 | 2,201 | 2,230 | 2,703 | 3,481 | 3,731 | 5,262 | 6,528 | 7,162 |
| Fixed Assets + | 532 | 947 | 1,024 | 1,076 | 1,114 | 1,175 | 1,240 | 1,473 | 1,693 | 2,428 | 2,992 | 3,762 |
| CWIP | 316 | 35 | 50 | 44 | 130 | 219 | 276 | 129 | 91 | 216 | 498 | 337 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55 | 0 | 125 | 190 | 241 |
| Other Assets + | 594 | 702 | 783 | 936 | 957 | 836 | 1,187 | 1,823 | 1,947 | 2,492 | 2,848 | 2,823 |
| Total Assets | 1,442 | 1,685 | 1,858 | 2,056 | 2,201 | 2,230 | 2,703 | 3,481 | 3,731 | 5,262 | 6,528 | 7,162 |
| Equity Capital | 27 | 29 | 29 | 33 | 33 | 33 | 32 | 32 | 32 | 36 | 36 | 36 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 44 | 104 | 144 | 127 | 267 | 254 | 140 | 43 | 745 | 621 | 33 | 840 |
| Cash from Investing Activity + | -272 | -169 | -107 | -110 | -254 | -231 | -222 | -354 | -299 | -1,117 | -912 | -929 |
| Cash from Financing Activity + | 214 | 67 | -37 | -17 | -12 | -22 | 147 | 280 | -438 | 625 | 722 | 235 |
| Net Cash Flow | -14 | 1 | -1 | 0 | 1 | 1 | 65 | -31 | 8 | 129 | -157 | 146 |
| CFO/OP | 45 | 66 | 91 | 52 | 81 | 125 | 63 | 17 | 117 | 99 | 30 | 136 |
| Free Cash Flow | -247 | -67 | 34 | 15 | 13 | 27 | -91 | -256 | 390 | 35 | -932 | -39 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Others | 0.1% | 0.08% | 0.08% | 0.08% | 0.01% | 0.02% | 0.13% | 0.13% | 0.12% | 0.12% | 0.12% | 0.2% |
| Public | 30.62% | 29.58% | 28.53% | 28.72% | 27.43% | 27.37% | 26.27% | 28.7% | 30.55% | 31.69% | 30.37% | 30.9% |
| Promoters | 47.41% | 43.15% | 43.17% | 43.17% | 43.17% | 43.16% | 43.12% | 43.12% | 43.12% | 43.12% | 43.33% | 43.39% |
| FII | 18.13% | 23.59% | 24.54% | 23.76% | 24.26% | 24.04% | 24.48% | 24.45% | 22.71% | 21.05% | 21.75% | 20.43% |
| DII | 3.74% | 3.62% | 3.69% | 4.27% | 5.12% | 5.41% | 6.0% | 3.6% | 3.5% | 4.03% | 4.45% | 5.09% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Automobile and Auto Components — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Ramkrishna Forgings Ltd (this stock) | 13,073 | 114.0 | 3.89 | 2.51% |
| Varroc Engineering Ltd. | 12,755 | 44.7 | 7.14 | 15.1% |
| Ask Automotive Limited | 12,727 | 40.2 | 9.71 | 25.1% |
| Lumax Auto Tech Ltd | 13,837 | 41.7 | 11.39 | 26.4% |
| Jbm Auto Limited | 13,901 | 60.4 | 9.05 | 15.7% |
| Ceat Limited | 13,933 | 21.9 | 2.76 | 16.1% |
| Amara Raja Energy Mob Ltd | 14,558 | 19.9 | 1.8 | 7.18% |
Which Mutual Funds Hold Ramkrishna Forgings Ltd?
Frequently Asked Questions about Ramkrishna Forgings Ltd
Ramkrishna Forgings Ltd (RKFORGE) closed at ₹704.5 on NSE on 25 September 2026, down 5.05 (0.71%) from the previous close.
Ramkrishna Forgings Ltd trades on the NSE (National Stock Exchange of India) under the symbol RKFORGE.
Ramkrishna Forgings Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 114.0.
Ramkrishna Forgings Ltd has a dividend yield of 0.14%.
Ramkrishna Forgings Ltd's 52-week high is ₹773.0 and its 52-week low is ₹460.0.
Ramkrishna Forgings Ltd has a market capitalisation of ₹13,073 crore.
Ramkrishna Forgings Ltd has a TopFund Quality Score of 58/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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