Ramkrishna Forgings Ltd: Business Overview, Financials & Competitive Analysis
Ramkrishna Forgings Ltd scores 5/10 on the AskCyborg Cyborg Score (Mixed). Cyclical automotive supplier facing near-term profitability pressures but positioned in essential components with scale advantage and emerging railway segment potential. Net profit declined 78.46% to Rs 11.79 crore in Q1 FY2026 versus Rs 54.73 crore in Q1 FY2025, with recent quarters showing negative earnings. The company carries approximately INR.
What is Ramkrishna Forgings Ltd's industry? Ramkrishna Forgings Ltd (ramkrishnaforgings.com) operates in Automotive Components / Metal Forgings & Castings. AskCyborg classifies Ramkrishna Forgings Ltd under Automotive Components / Metal Forgings & Castings in its company registry.
Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coaches and engineering parts, and is the 2nd largest forging player in India. The company's...
Cyborg Score thesis
Cyclical automotive supplier facing near-term profitability pressures but positioned in essential components with scale advantage...
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Get Current Report FreeRamkrishna Forgings Ltd Overview
Pro stress-test →Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coaches and engineering parts, and is the 2nd largest forging player in India. The company's product portfolio includes engine components, front and rear axle components, transmission components, crown wheels and bellcrank assemblies, used in automotive, earth moving and mining, farm equipment, general engineering, railways, and steel plants.
Strategic Profile
Pro stress-test →The company's newly launched vertical supplying castings to railways has made a promising start, with priorities including introduction of new products, optimization of capacity utilization, and further diversification of revenue base. However, Q2 FY2026 consolidated revenue declined 10.6% quarter-on-quarter to INR 907.53 crore, constrained by subdued demand and tariff on exports impacting international customers.
Competitive Landscape
Pro stress-test →Ramkrishna Forgings is the 2nd largest forging player in India. The company competes in the automotive components space against both domestic and international forging manufacturers. Market position is strong by scale but challenged by cyclical automotive demand, export tariffs, and current profitability headwinds affecting the broader tier-1 supplier ecosystem.
Industry Context
Ramkrishna Forgings Ltd operates in Automotive Components / Metal Forgings & Castings.
Key facts
Founded: 1981 · Headquarters: Kolkata, India · Employees: Not disclosed · Revenue: ₹3,969 crore (FY2024 annual) · Market cap: ₹9,857 crore (~$1.2B USD equivalent)