{"id":169711,"date":"2025-08-04T03:52:34","date_gmt":"2025-08-04T07:52:34","guid":{"rendered":"https:\/\/44.250.171.167\/?p=169711"},"modified":"2025-08-04T03:52:34","modified_gmt":"2025-08-04T07:52:34","slug":"ramkrishna-forgings-ltd-q1-fy26-earnings-results-78-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ramkrishna-forgings-ltd-q1-fy26-earnings-results-78-fall-in-profits\/","title":{"rendered":"Ramkrishna Forgings Ltd Q1 FY26 Earnings Results &#8211; 78% fall in Profits"},"content":{"rendered":"<p>Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons &amp; coaches and engineering parts. It is the 2nd largest forging player in India. Presenting below are its Q1 FY26 earnings.<\/p>\n<p>&nbsp;<\/p>\n<h2 id=\"q1-fy26-earnings-summary-aprjun-2025\" class=\"mb-2 mt-6 text-base font-[500] first:mt-0 md:text-lg dark:font-[475] [hr+&amp;]:mt-4\">Q1 FY26 Earnings Results<\/h2>\n<ul class=\"marker:text-textOff list-disc\">\n<li>\n<p class=\"my-0\"><strong>Consolidated Revenue from Operations:<\/strong> \u20b91,015 crore, up about 6% year-over-year (YoY)<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>EBITDA:<\/strong>\u00a0\u20b9148.6 crore, margin expanded by 298 bps YoY to 14.6%<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Profit Before Tax (PBT):<\/strong>\u00a0\u20b924 crore, down 81.3% YoY<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Net Profit (PAT):<\/strong> \u20b911.8 crore, down 78% YoY from \u20b980.9 crore Q1 FY25 and also fell sharply from \u20b993.9 crore in Q4 FY25<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Earnings Per Share (EPS):<\/strong> \u20b90.65 vs \u20b94.50 Q1 FY25<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Total Expenses:<\/strong>\u00a0\u20b9994.9 crore, up 10.9% YoY<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Production Volume:<\/strong>\u00a044,170 tons; capacity utilization at 69%<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Order Book:<\/strong>\u00a0\u20b9683 crore in new orders during Q1, including \u20b9502 crore for exports (notably from a major American OEM)<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Growth Drivers &amp; Challenges:<\/strong>\u00a0Revenue growth was sustained, but sharp cost increases and margin compression, along with a weak global\/export environment and higher expenses, drove a significant fall in profit.<\/p>\n<\/li>\n<\/ul>\n<h3 id=\"key-management-commentary--strategic-highlights\" class=\"mb-2 mt-6 text-base font-[500] first:mt-0 md:text-lg dark:font-[475] [hr+&amp;]:mt-4\">Key Management Commentary &amp; Strategic Highlights<\/h3>\n<ul class=\"marker:text-textOff list-disc\">\n<li>\n<p class=\"my-0\">MD Naresh Jalan stated that despite export headwinds and global macro pressures, revenue resilience continued, and the <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachHis\/26a77976-a7f4-47a2-aba0-490275778932.pdf\" target=\"_blank\" rel=\"noopener\">order book was healthy with new wins<\/a> across automotive, railways, and non-automotive<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\">Management remains focused on further utilization improvement, <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachHis\/26a77976-a7f4-47a2-aba0-490275778932.pdf\" target=\"_blank\" rel=\"noopener\">margin restoration<\/a>, and cost control. Expectation for margin improvement in the second half of FY26 as market conditions normalize<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\">Major board\/leadership moves included reappointments and committee reshuffles to strengthen governance for the next growth phase<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\">The company continues to invest in capacity expansion (cold\/hot forging plants) and diversification, targeting higher exports and new sectors.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\">Outlook: While near-term profitability is under pressure, management is optimistic about operational gains and margin recovery in the coming quarters with a robust order pipeline and improved efficiency.<\/p>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-169712\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/3-1-839x1024.png\" alt=\"Ramkrishna Forgings Q1 FY26 Earnings Results\" width=\"640\" height=\"781\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/3-1-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/3-1-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/3-1-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/3-1-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/3-1.png 1489w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2 id=\"q4-fy25-earnings-snapshot-janmar-2025\" class=\"mb-2 mt-6 text-base font-[500] first:mt-0 md:text-lg dark:font-[475] [hr+&amp;]:mt-4\">Q4 FY25 Earnings Results:<\/h2>\n<ul class=\"marker:text-textOff list-disc\">\n<li>\n<p class=\"my-0\"><strong>Consolidated Revenue:<\/strong>\u00a0\u20b9947 crore, down 3% YoY<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>EBITDA:<\/strong>\u00a0\u20b999 crore, sharply down from \u20b9188 crore YoY, amid margin pressures<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Net Profit (PAT):<\/strong>\u00a0\u20b9200 crore, boosted by a one-off deferred tax credit from a merger (underlying operational PAT much lower)<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Order Wins:<\/strong>\u00a0\u20b9710 crore, with strong automotive and non-automotive contributions<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Operational Notes:<\/strong>\u00a0The quarter saw the impact of inventory discrepancies (addressed in FY25), higher working capital requirements, and a 10% US duty that led to revenue deferment<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Full FY25:<\/strong>\u00a0Revenue of \u20b94,034 crore, EBITDA of \u20b9560 crore, PAT of \u20b9332 crore<\/p>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>To view its previous earnings, please visit: <a href=\"https:\/\/44.250.171.167\/symbol\/rkforge\/\">Click Here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons &amp; coaches and engineering parts. It is the 2nd largest forging player in India. Presenting below are its Q1 FY26 earnings. &nbsp; Q1 FY26 Earnings Results Consolidated Revenue from Operations: \u20b91,015 crore, up about 6% year-over-year (YoY). EBITDA:\u00a0\u20b9148.6 [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":169712,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,5753],"tags":[13607,12873],"class_list":["post-169711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-industrials","tag-engineering-parts","tag-forged-components"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/3-1.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":144491,"url":"https:\/\/alphastreet.com\/india\/ramkrishna-forgings-ltd-q4fy23-results-out-revenue-soars-by-24\/","url_meta":{"origin":169711,"position":0},"title":"Ramkrishna Forgings Ltd Q4FY23 results out, Revenue soars by 24%","author":"Chirag Gupta","date":"April 28, 2023","format":false,"excerpt":"Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coaches and engineering parts.\u00a0 Ramkrishna Forgings Ltd reported Total revenue for Q4 FY23 of \u20b9892 Crore, up from \u20b9719 Crore year on year depicting a growth of 24%.Total Expenses for Q4 FY23\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":177846,"url":"https:\/\/alphastreet.com\/india\/ramkrishna-forgings-ltd-reports-5-5-revenue-increase-in-q3-fy25-amid-export-growth\/","url_meta":{"origin":169711,"position":1},"title":"Ramkrishna Forgings Ltd Reports 5.5% Revenue Increase in Q3 FY25 Amid Export Growth","author":"Staff Correspondent","date":"January 27, 2026","format":false,"excerpt":"Ramkrishna Forgings Ltd (NSE: RKFORGE) announced unaudited standalone financial results for Q3 and 9M FY25 ended December 31, 2024. Revenues rose 5.5% YoY in Q3 to \u20b9953 crore, with PAT up 21.0% YoY to \u20b9100 crore. Lead Summary Standalone Q3 FY25 revenue increased 5.5% YoY to \u20b9953 crore from \u20b9903\u2026","rel":"","context":"In &quot;Analysis&quot;","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":167403,"url":"https:\/\/alphastreet.com\/india\/ramkrishna-forgings-ltd-q3fy25-15-rise-in-profits\/","url_meta":{"origin":169711,"position":2},"title":"Ramkrishna Forgings Ltd Q3FY25; 15% rise in Profits","author":"Chirag Gupta","date":"March 14, 2025","format":false,"excerpt":"Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coaches and engineering parts. It is the 2nd largest forging player in India. Financial Results: Ramkrishna Forgings Ltd reported Revenues for Q3FY25 of \u20b91,074.00 Crores up from \u20b9996.00 Crore year on year,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/3-8.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/3-8.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/3-8.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/3-8.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/3-8.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/3-8.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155174,"url":"https:\/\/alphastreet.com\/india\/ramkrishna-forgings-ltd-q2fy24-22-rise-in-profits\/","url_meta":{"origin":169711,"position":3},"title":"Ramkrishna Forgings Ltd Q2FY24; 22% rise in Profits","author":"Chirag Gupta","date":"October 23, 2023","format":false,"excerpt":"Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coaches and engineering parts. It is the 2nd largest forging player in India. Financial Results: Ramkrishna Forgings Ltd reported Revenues for Q2FY24 of \u20b9981.00 Crores up from \u20b9824.00 Crore year on year,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-82.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-82.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-82.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-82.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-82.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-82.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":168996,"url":"https:\/\/alphastreet.com\/india\/ramkrishna-forgings-ltd-q4fy25-203-rise-in-profits\/","url_meta":{"origin":169711,"position":4},"title":"Ramkrishna Forgings Ltd Q4FY25; 203% rise in Profits","author":"Chirag Gupta","date":"July 2, 2025","format":false,"excerpt":"Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coaches and engineering parts. It is the 2nd largest forging player in India. Financial Results: Ramkrishna Forgings Ltd reported Revenues for Q4FY25 of \u20b9947.00 Crores down from \u20b9974.00 Crore year on year,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/1-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/1-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/1-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/1-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/1-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/1-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157814,"url":"https:\/\/alphastreet.com\/india\/ramkrishna-forgings-ltd-q3fy24-43-rise-in-profits\/","url_meta":{"origin":169711,"position":5},"title":"Ramkrishna Forgings Ltd Q3FY24; 43% rise in Profits","author":"Chirag Gupta","date":"January 18, 2024","format":false,"excerpt":"Ramkrishna Forgings Ltd is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coaches and engineering parts. It is the 2nd largest forging player in India. Financial Results: Ramkrishna Forgings Ltd reported Revenues for Q3FY24 of \u20b91,058.00 Crores up from \u20b9777.00 Crore year on year,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-57.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-57.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-57.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-57.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-57.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/01\/image-57.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/169711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=169711"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/169711\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/169712"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=169711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=169711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=169711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}