Ramkrishna Forgings Limited (NSE: RKFORGE) shares traded at ₹496, down 2.51% intraday on January 27, 2026. Equity analysts note revenue growth but highlight profit declines and high valuations as key concerns. The company maintains operations across 22 manufacturing plants and exports to 23 countries to support its global metal forming business. Investors monitor the firm’s integrated forging and casting facilities, which serve diverse sectors including automotive and railways. The company has a 44-year history in engineering excellence and operates as a global force in the metal forming industry.
Company Profile and Business Model
Ramkrishna Forgings Limited was founded on November 12, 1981. The company is headquartered in Kolkata, West Bengal. It operates as an integrated forging, casting, and fabrication facility. The business model focuses on supplying forged, machined, and fabricated products. The company employs over 3,900 permanent workers. Facilities include product design, engineering, metallurgy, heat treatment, and machining.
Operational Highlights and Segment Updates
The company operates across eight different industries. These segments include:
• Automotive
• Railways
• Farm Equipment
• Earth Moving, Mining & Construction
• Oil & Gas
• Energy
• Trailer Axles
• General Engineering
Full-Year Context
FY25 revenue grew 9% year-over-year to ₹4,034 crore. Profit growth compounded at 110% CAGR over five years, though TTM shows -14% decline. Sales compounded at 27% CAGR over five years.
Market Reaction
Shares traded at ₹496, down 2.51% intraday. Market capitalization stands at ₹9,042 crore. 52-week range spans ₹863 high to ₹473 low; recent six-month trend shows -33% decline amid weak momentum.
Manufacturing Capacity and Global Reach
The company maintains an installed forging capacity of 272,400 MTPA. Its installed casting capacity stands at 33,600 MTPA. Operations are spread across 22 plants. The company exports products to 23 countries.
Regulatory and Segment Updates
Railway segment sees bogie assembly approvals and dispatches. Exports to Europe and aluminum forging ramp up. New castings plant of 45,000 MT capacity commissions in H2 FY26.
Broader Industry Trends
Auto components sector shows peers like Bharat Forge with 9.31% sales growth. Forging demand tied to auto, railways, and exports amid capacity expansions industry-wide.
Management Commentary and Outlook
Management focuses on the principle of “Impact through Empowerment” for corporate social responsibility. Guidance and future outlook emphasize strengthening the future to minimize risks and create value certainty. Broader industry trends are addressed through a diversified portfolio catering to multiple infrastructure and transport sectors.