Ramkrishna Forgings Key Ratios
NSE: RKFORGE | BSE: 532527
₹751.25
As on 28-Aug-2026IST
Market cap
₹13,685 Cr
Revenue (TTM)
₹4,439 Cr
P/E Ratio
128
P/B Ratio
4.1
Div. Yield
0.1 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -0.01 | 19.84 | 8.55 | 9.45 | 22.76 |
| EBIT | -0.59 | 72.66 | 43.63 | -11.70 | 13.62 |
| Net Profit | -16.56 | 297.63 | -60.59 | -25.35 | 8.88 |
| EPS | -16.38 | 295.87 | -71.38 | -30.07 | 4.66 |
| Book Value | -- | -- | 5.69 | 29.67 | 26.27 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 10.08 | 11.96 | 8.11 | 7.36 | 7.19 |
| Net Margin
| 7.52 | 6.94 | 2.67 | 1.69 | 8.17 |
| Return on equity
| 11.17 | 14.51 | 3.60 | 2.31 | 11.66 |
| Return on Capital
| 11.44 | 13.02 | -- | 5.56 | 7.12 |
| Return on Assets
| 5.50 | 5.43 | 1.73 | 1.05 | 5.55 |
| Debt to Equity (x)
| -- | -- | 0.49 | 0.73 | 0.67 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
--
|
5.56
|
7.12
|
19.06
|
18.73
|
|
Peer Median
|
--
|
8.60
|
14.73
|
19.34
|
--
|
ROE
3.60
Lower than Peers by 7.00
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
3.60
|
2.31
|
11.66
|
17.22
|
21.01
|
|
Peer Median
|
10.60
|
8.05
|
17.22
|
20.89
|
--
|
ROA
1.73
Lower than Peers by 4.01
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
1.73
|
1.05
|
5.55
|
7.42
|
6.78
|
|
Peer Median
|
5.74
|
4.31
|
7.42
|
7.75
|
--
|
EBIT Margin
8.11
Lower than Peers by 3.03
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
8.11
|
7.36
|
7.19
|
14.78
|
15.42
|
|
Peer Median
|
11.13
|
8.14
|
12.24
|
12.20
|
--
|
Net Margin
2.67
Lower than Peers by 5.65
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
2.67
|
1.69
|
8.17
|
8.57
|
7.76
|
|
Peer Median
|
8.32
|
6.15
|
6.44
|
8.22
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
--
|
9.55
|
14.94
|
15.15
|
14.09
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
8.55
Higher than Peers by 3.69
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
8.55
|
5.06
|
2.00
|
23.87
|
37.61
|
|
Peer Median
|
4.85
|
9.82
|
4.53
|
18.34
|
--
|
EBIT Growth
43.63
Higher than Peers by 47.28
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
43.63
|
7.62
|
-50.42
|
18.79
|
41.07
|
|
Peer Median
|
-3.65
|
4.60
|
-3.68
|
11.89
|
--
|
Net Profit Growth
-60.59
Lower than Peers by 63.79
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
-60.59
|
-78.35
|
-2.90
|
37.62
|
25.29
|
|
Peer Median
|
3.20
|
-1.02
|
18.26
|
21.71
|
--
|
EPS Growth
-71.38
Lower than Peers by 67.71
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
-71.38
|
-82.74
|
21.38
|
21.72
|
25.29
|
|
Peer Median
|
-3.67
|
-19.63
|
9.50
|
31.88
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
--
|
5.94
|
12.70
|
107.23
|
20.53
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.49
Higher than Peers by 0.45
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
0.49
|
0.73
|
0.67
|
0.42
|
1.01
|
|
Peer Median
|
0.04
|
0.44
|
0.28
|
0.49
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
--
|
0.11
|
0.23
|
0.06
|
0.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.15
Lower than Peers by 0.75
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
1.15
|
1.15
|
1.10
|
1.53
|
1.25
|
|
Peer Median
|
1.90
|
2.39
|
2.22
|
1.83
|
--
|
Quick Ratio
0.56
Lower than Peers by 0.64
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
0.56
|
0.56
|
0.55
|
0.82
|
0.66
|
|
Peer Median
|
1.21
|
1.24
|
1.80
|
0.98
|
--
|
Interest Coverage
1.65
Lower than Peers by 3.35
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
1.65
|
1.40
|
1.88
|
3.98
|
4.08
|
|
Peer Median
|
5.00
|
5.09
|
5.48
|
7.38
|
--
|
Operating Efficiency
Debtors to sales
17.91
Lower than Peers by 0.77
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
17.91
|
18.76
|
24.18
|
21.49
|
24.28
|
|
Peer Median
|
18.67
|
18.87
|
23.91
|
16.00
|
--
|
Asset Turnover
0.65
Lower than Peers by 0.13
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
0.65
|
0.62
|
0.68
|
0.86
|
0.87
|
|
Peer Median
|
0.78
|
0.84
|
1.04
|
1.09
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
--
|
76.23
|
82.57
|
74.99
|
95.22
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
--
|
107.67
|
106.51
|
92.62
|
92.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
--
|
84.61
|
90.53
|
77.19
|
89.62
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
--
|
99.29
|
98.56
|
90.42
|
97.96
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
128.02
Higher than Peers by 82.74
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
128.02
|
118.01
|
33.69
|
36.59
|
18.45
|
|
Peer Median
|
45.29
|
47.48
|
37.47
|
27.92
|
--
|
Price / Book Value
4.13
Higher than Peers by 0.67
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
4.13
|
2.65
|
4.64
|
4.67
|
3.55
|
|
Peer Median
|
3.47
|
3.94
|
3.94
|
3.60
|
--
|
Dividend Yield
0.13
Lower than Peers by 0.22
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
0.13
|
0.21
|
0.26
|
0.29
|
0.70
|
|
Peer Median
|
0.35
|
0.14
|
--
|
0.11
|
--
|
EV/EBITDA
21.86
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
21.86
|
16.18
|
27.19
|
15.42
|
8.36
|
|
Peer Median
|
--
|
45.10
|
23.67
|
18.12
|
--
|
Market Cap
13,685
Higher than Peers by 9,786
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Ramkrishna Forgings
|
13,685
|
8,473
|
13,984
|
12,493
|
4,577
|
|
Peer Median
|
3,899
|
3,019
|
1,875
|
4,476
|
--
|