Ramkrishna 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)