Ramkrishna Forgings Ltd (RKFORGE) — shareholding pattern, promoter holding, financials and share price
About Ramkrishna Forgings Ltd (RKFORGE)
Ramkrishna Forgings Ltd operates in the Auto Components & Equipments industry, within the Automobile and Auto Components sector. It trades on the NSE as RKFORGE and on the BSE under scrip code 532527. Its ISIN is INE399G01023.
Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coaches and engineering parts. [1] [2] It is the 2nd largest forging player in India. [3]
Ramkrishna Forgings Limited is a manufacturer and supplier of forged components for automobiles, railway wagons, coaches, and engineering parts. The company has made significant investments in expanding its production capacities in Jharkhand, Mexico, and Gurgaon, aiming to enhance its domestic and global market reach.
The company reported a 21% increase in quarterly revenues for Q3 FY26, achieving ₹1,099 crore largely due to strong domestic performance overcoming international market challenges and reflecting successful execution of new orders.
Listed peers in Auto Components & Equipments: Lumax Auto Technologies Ltd, Varroc Engineering Ltd, Banco Products (India) Ltd, ASK Automotive Ltd, SKF India Ltd, Pricol Ltd.
Valuation & Returns
10 Jul 2026At ₹567.1 a share on 10 Jul 2026, Ramkrishna Forgings Ltd (RKFORGE) was valued at a price-to-earnings ratio of 143.88x against an industry P/E of 37.75x and a price-to-book of 3.4x on a book value of ₹166.73 per share as of Mar 2025. Solomo computes return on equity of 2.36% and return on capital employed of 5.7% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 143.88x
- Industry P/E
- 37.75x
- P/B
- 3.4x
- EPS (TTM)
- ₹3.94
- Book value / share
- ₹166.73
- ROE
- 2.36%
- ROCE
- 5.7%
- ROA
- 1.09%
- Debt / equity
- 0.7x
- Dividend yield
- 0.49%
- EBITDA margin
- 14.8%
- 52-week range
- ₹460.15 – ₹684.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Ramkrishna Forgings Ltd (RKFORGE) reported revenue of ₹4,238 crore, net profit of ₹72 crore and earnings per share of ₹3.95. That compares with revenue of ₹4,034 crore and net profit of ₹415 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,217 crore and net profit ₹56 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2,320 | 3,193 | 3,705 | 4,034 | 4,238 |
| Net profit (₹ cr) | 198 | 248 | 291 | 415 | 72 |
| EPS (₹) | 12.36 | 15.52 | 16.11 | 22.93 | 3.95 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 16.00% | 26.73% | 16.72% | 8.90% |
| Profit growth | 24.76% | 110.97% | 24.84% | 42.52% |
| Stock price CAGR | 21% | 32% | 7% | -9% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 43.39% of Ramkrishna Forgings Ltd (RKFORGE) (up 0.06 pp QoQ), foreign institutional investors (FII) hold 20.43% and domestic institutional investors (DII) hold 5.09%. Promoters have pledged 15.6% of their holding. Market capitalisation was ₹10,331 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2004.
Largest disclosed public shareholders in Jun 2026: SMALLCAP WORLD FUND, INC 5.96%, LATA BHANSHALI 2.89%, AKASH BHANSHALI 2.22%, BLUE DAIMOND PROPERTIES PVT LTD 1.57%, OLD BRIDGE FOCUSED FUND 1.54%, BLUE LOTUS INVESTMENT FUND 1.38%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 43.39% | 15.6% | 20.43% | 5.09% | 56.41% |
| Mar 2026 | 43.33% | 15.6% | 21.74% | 4.45% | 56.55% |
| Dec 2025 | 43.13% | 15.8% | 21.05% | 4.02% | 56.75% |
| Sep 2025 | 43.13% | 15.8% | 22.71% | 3.5% | 56.75% |
| Jun 2025 | 43.13% | 5.8% | 24.45% | 3.59% | 56.74% |
| Mar 2025 | 43.13% | 5.8% | 24.47% | 6% | 56.74% |
| Dec 2024 | 43.16% | 5.8% | 24.04% | 5.41% | 56.82% |
| Sep 2024 | 43.17% | 5.8% | 24.25% | 5.13% | 56.82% |