Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: Tools & Accessories

Ramkrishna Forgings Limited engages in the manufacture and sale of forged components for automobiles, railway wagons and coaches, and engineering parts in India and internationally. It operates in two segments, Forging Components and Others. The company's products portfolio includes beam, knuckle, steering arm, tie-rod-arm, sector shaft, front hub, crankshaft, camshaft, connecting rod, piston, pitman arm, BC lever assembly, mounting bracket, yoke, UJ cross, transmission gear and shaft, crown wheel, pinion, differential case and case cover, differential gear and pinion, spindle, rear axle shaft, spider, helical gear, tube flange and shaft, and tube yoke products. It also offers bucket, backhoe bucket, shovel, track line and roller, bucket tooth, pivot pin, prop shaft, and bearing centre products; and wing nut, valve bonet, T-bolt socket joint, and tooth crusher hammer products. In addition, the company provides bogie frame and bolster, screw coupling, hanger, draw gear assembly, anti roll bar assembly, control arm support, center pivot pin, centering disc, traction center, and guide products. Further, it offers tractor-trailer products, such as trailer axle, air and mechanical suspension, landing leg, and bolton and weldable king pin products; as well as engages in the sanitization and cargo, and tour and travel businesses. The company offers its products for various industries and sectors, including automotive, earth moving and mining, farm equipment, power, construction, general engineering, railways, steel plants, and oil and gas exploration, as well as for original equipment manufacturers. Ramkrishna Forgings Limited was incorporated in 1981 and is headquartered in Kolkata, India.

Revenue projections:

Revenue projections for RKFORGE
Revenue projections for RKFORGE

With Ramkrishna Forgings Limited's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 0.000000
forwardPE 20.402184
debtToEquity 70.011000
earningsGrowth -0.855000
revenueGrowth 0.010000
grossMargins 0.435560
operatingMargins 0.067900
trailingEps 16.030000
forwardEps 34.270000

RKFORGE's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
RKFORGE's low earnings and revenue growth indicate potential profit shrinkage. This suggests that the company's financial performance may be weakening, raising concerns about its future profitability and overall business outlook.
RKFORGE's negative gross and operating margins signal that the company is not profitable, struggling to cover costs associated with production and operations. This could be a red flag for its financial performance moving forward.
RKFORGE's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that RKFORGE's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.

Price projections:

Price projections for RKFORGE
Price projections for RKFORGE

Over time, RKFORGE's price projections have steadily declined, reflecting reduced confidence in the company's future performance. The downward revisions suggest analysts are becoming more conservative in their assessments.

Insider Transactions:

Insider Transactions for RKFORGE
Insider Transactions for RKFORGE


RKFORGE had 3 buy transactions, with market price of 731.2666829427084.The period under consideration did not see any buy transactions.The increased selling at RKFORGE's current price levels points to potential future declines. If this selling trend persists, the stock could face more downward pressure, suggesting investor pessimism about its future performance.

Recommendation changes over time:

Recommendations trend for RKFORGE
Recommendations trend for RKFORGE


A recent buy bias from analysts toward RKFORGE indicates strong confidence in the stock's future performance. This could encourage investors to park their money in RKFORGE, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.