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 RKFORGE's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.

Financial Ratios:

currentRatio 1.102000
forwardPE 20.428339
debtToEquity 70.011000
earningsGrowth 1.129000
revenueGrowth -0.074000
grossMargins 0.443370
operatingMargins 0.014580
trailingEps 18.310000
forwardEps 34.270000

RKFORGE's current ratio of 1.102 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as RKFORGE can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
RKFORGE's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
RKFORGE's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that RKFORGE is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.

Price projections:

Price projections for RKFORGE
Price projections for RKFORGE



Insider Transactions:

Insider Transactions for RKFORGE
Insider Transactions for RKFORGE


There were 3 purchases of RKFORGE stock, with market price of 731.2666829427084.The period under consideration saw no buy transactions.Ramkrishna Forgings Limited's current price levels have seen more sells, possibly signaling bearish sentiment. If this trend remains unchanged, the stock could experience further declines as more investors opt to sell rather than hold their positions.

Recommendation changes over time:

Recommendations trend for RKFORGE
Recommendations trend for RKFORGE


Recent analysis shows a strong buy bias for Ramkrishna Forgings Limited, encouraging investors to view it as a solid investment option. The positive sentiment surrounding Ramkrishna Forgings Limited suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.