Ramkrishna Forgings Stock | Forecast, Price Target & Outlook 2026

Ramkrishna Forgings

NSEI:RKFORGE

Rp 505,25

Rp0,00 (0,00%)

505,25 Rp

Rp0,00 (0,00%)

End-of-day quote: 03/27/2026

Ramkrishna Forgings Stock Value

Analysts currently give NSEI:RKFORGE a rating of Hold.

Hold

Ramkrishna Forgings Company Info

EPS Growth 5Y

94,75%

Market Cap

Rp91,96 B

Long-Term Debt

Rp7,67 B

Annual earnings

05/02/2026 (E)

Dividend

Rp2,02

Dividend Yield

0,40%

Founded

1981

Industry

Materials

Country

India

Website

Ramkrishna Forgings

ISIN Number

INE399G01023

Website

http://www.ramkrishnaforgings.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp550,00

8.86%

Last Update: 03/29/2026

Analysts: 3

Highest Price Target Rp584,00

Average Price Target Rp550,00

Lowest Price Target Rp540,00

In the last five quarters, Ramkrishna Forgings’s Price Target has fallen from Rp1.073,09 to Rp647,50 - a -39,66% decrease. Two analysts predict that Ramkrishna Forgings’s share price will increase in the coming year, reaching Rp550,00. This would represent an increase of 8,86%.

Top growth stocks in the materials sector (5Y.)

What does Ramkrishna Forgings do?

Ramkrishna Forgings Limited specializes in the manufacturing of forging components, primarily catering to the automotive and manufacturing sectors. Business Segments The company operates in a singular business segment focused on the manufacture of forging components. This segment primarily serves the automotive industry, which includes the production of critical components used in various vehicle systems. The integration of modern technologies and adherence to quality control standards allows...

Ramkrishna Forgings Limited specializes in the manufacturing of forging components, primarily catering to the automotive and manufacturing sectors.

Business Segments

The company operates in a singular business segment focused on the manufacture of forging components. This segment primarily serves the automotive industry, which includes the production of critical components used in various vehicle systems. The integration of modern technologies and adherence to quality control standards allows the company to deliver products that fulfill client specifications with precision. The company continually invests in upgrading its manufacturing processes to incorporate advanced forging methodologies, contributing to its operational efficiency.

Moreover, the company offers a diverse range of products within the forging sector, ensuring it can cater to different customer requirements from basic components to highly complex assemblies. Its offerings encompass hot and cold forging techniques and extend to complex shapes that necessitate high strength and durability.

The company prides itself on not just being a manufacturer but also a solution provider that engages deeply with its customers to understand their evolving needs. This approach helps in the timely adaptation of its product offerings, thus enhancing customer retention and satisfaction. Additionally, the company emphasizes collaborative partnerships with stakeholders throughout the supply chain to ensure raw material availability and optimize operational costs.

Business Strategy

The company focuses on leveraging its strengths in manufacturing capabilities, technological advancements, and a skilled workforce to drive innovation and operational excellence.

Key components of the company's strategy include continuous investment in research and development to drive innovation in product design and manufacturing processes. The commitment to research and development ensures that the company remains at the forefront of industry trends and technological advancements.

Additionally, strategic collaboration with industry partners is pivotal to the company's approach. By working closely with tier-one suppliers, automotive manufacturers, and other stakeholders, the company enhances its understanding of market dynamics and customer needs. This proactive engagement fosters long-term relationships and creates synergies that benefit all parties involved.

Furthermore, the company's focus on sustainability is integral to its strategy. The company is dedicated to minimizing environmental impact through responsible manufacturing practices. The commitment to sustainability encompasses various aspects, including energy efficiency, waste reduction, and responsible sourcing of materials.

In summary, the company's strategy is centered on leveraging innovation, fostering collaborative relationships, and promoting sustainability, which positions the company for long-term success in the forging industry.

Products and Services

The company specializes in a wide array of products within the forging components sector. The company's product portfolio includes a diverse range of automotive parts critical to vehicle performance and safety. Key offerings include:

Forged Components

These are engineered products that benefit from enhanced mechanical properties due to the forging process. The company provides various types of forged components, specifically tailored to meet the specifications required in the automotive industry.

Complex Assemblies

With advanced technology, the company produces intricate designs and shapes that require a high level of precision and accuracy. This capability is pivotal for manufacturers who require customized parts that fit within tight tolerances.

Aftermarket Products

In addition to original equipment manufacturing, the company also supplies components for the aftermarket, ensuring that replacement parts are available for maintenance and repair needs.

Testing and Quality Assurance Services

The company places immense emphasis on quality, offering rigorous testing and assurance processes to ensure that all products meet industry and customer standards. This includes non-destructive testing, mechanical testing, and material analysis.

Engineering Services

The company provides engineering support to assist clients in the design and development of forged components, ensuring that customer specifications are fully understood and met.

Geographical Markets Served

The company serves a diverse geographical market primarily concentrated in the automotive sector. The company has established a robust presence in domestic markets across India while also extending its reach internationally, notably into markets in North America, Europe, and Asia. This global footprint allows the company to cater to the needs of automotive manufacturers from multiple regions, enhancing its ability to tap into various market segments and customer bases.

Seasonality

The company does not experience significant seasonal variations in demand for its products, as the automotive industry typically operates on a year-round basis. However, overall fluctuations in the automotive market, influenced by economic conditions, consumer demand, and automotive production cycles, can impact the company's activities. The management monitors market trends closely and adjusts production schedules and inventory levels accordingly to mitigate any potential impacts.

Customers

The company serves a diverse customer base predominantly within the automotive industry. Its clientele includes major vehicle manufacturers, tier-one suppliers, and aftermarket service providers. The segments catered by the company encompass passenger vehicles, commercial vehicles, and two-wheelers, among others. The company maintains a large number of active customers, engaging with several key industry players to ensure responsive and effective service delivery.

Modes of Sales and Marketing

The company employs a variety of sales and marketing strategies to reach its market segments effectively. The primary mode of marketing encompasses direct engagement with clients through a dedicated sales force that fosters relationships with existing customers while also identifying new opportunities.

Additionally, the company utilizes digital marketing strategies, trade shows, and industry exhibitions to showcase its product offerings and technological advancements. This multi-pronged approach enhances visibility within the automotive sector and supports brand positioning.

Moreover, the company's distribution channels cover both direct sales and third-party distributors, ensuring extensive market reach and product availability for customers.

History

Ramkrishna Forgings Limited was founded in 1981. The company was incorporated in 1981.

Ramkrishna Forgings Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Automotive industry: approx. 60% - Railway industry: approx. 20% - Construction and mining industry: approx. 10% - Other sectors: approx. 10% **TOP 3 markets and their percentage shares:** - India: approx. 45% - North America: approx. 30% - Europe: approx. 15%...

At which locations are the company’s products manufactured?

**Production Sites:** India Ramkrishna Forgings Limited mainly produces its products in India. The company operates multiple production facilities strategically located in various regions of the country to optimize the manufacturing of forged parts for various industries, especially the automotive...

What strategy does Ramkrishna Forgings pursue for future growth?

**Revenue Growth:** 18% (2025) **Profit Growth:** 14% (2025) Ramkrishna Forgings Limited is pursuing a growth strategy that heavily focuses on diversification and international expansion. The company plans to expand its product range to tap into new markets and deepen existing customer relationship...

Which raw materials are imported and from which countries?

**Main raw materials:** Steel, alloys **Import countries:** Germany, Japan, China Ramkrishna Forgings Limited mainly imports steel and special alloys required for the production of forged parts. These materials are sourced from countries like Germany, Japan, and China, known for their high-quality...

How strong is the company’s competitive advantage?

**Market Share:** 8% (estimated, 2025) **EBITDA Margin:** 18% (2025) **Return on Equity (ROE):** 14% (2025) Ramkrishna Forgings Limited has established itself as a significant player in the field of forged parts, especially in the automotive industry. The company benefits from its ability to of...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 32% (2026, estimated) **Insider Buys/Sells:** No significant transactions in the last year (2026, estimated) The institutional investor share in Ramkrishna Forgings Limited is approximately 32%, indicating a moderate interest from institutional investors. This can...

What percentage market share does Ramkrishna Forgings have?

**Market share of Ramkrishna Forgings Limited:** Estimate: 5-7% (2026) **Top competitors and their market shares:** 1. Bharat Forge Limited: 15-18% 2. Mahindra CIE Automotive Limited: 10-12% 3. Sundaram Fasteners Limited: 8-10% 4. MM Forgings Limited: 6-8% 5. Ramkrishna Forgings Limited: 5-7% 6. GN...

Is Ramkrishna Forgings stock currently a good investment?

**Revenue Growth:** 18% (2025) **Profit Growth:** 14% (2025) **Return on Equity (ROE):** 15% (2025) **Debt-to-Equity Ratio:** 0.8 (2025) Ramkrishna Forgings Limited recorded solid revenue growth of 18% in 2025, driven by strong demand in its core markets and successful expansion into new regions. T...

Does Ramkrishna Forgings pay a dividend – and how reliable is the payout?

**Dividend Yield:** 1.5% (estimated for 2026) **Dividend History:** Regular payouts in recent years Ramkrishna Forgings Limited has regularly distributed dividends in recent years, indicating a certain reliability in its dividend policy. The estimated dividend yield of 1.5% for 2026 is based on th...

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Ramkrishna Forgings Stock Value

Ramkrishna Forgings Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Ramkrishna Forgings do?

Ramkrishna Forgings Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Ramkrishna Forgings Stock Value

Ramkrishna Forgings Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Ramkrishna Forgings do?

Ramkrishna Forgings Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.