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

RKFORGE's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 1.056000
forwardPE 24.952818
debtToEquity 88.730000
earningsGrowth 0.000000
revenueGrowth -0.139000
grossMargins 0.431740
operatingMargins 0.046460
trailingEps 12.340000
forwardEps 34.270000

RKFORGE's current ratio of 1.056 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. RKFORGE's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
RKFORGE's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside.
RKFORGE's high debt-to-equity ratio indicates the company is using significant leverage, relying more on debt to finance its operations. This can lead to higher risk, especially if profitability falters or economic conditions worsen.
Ramkrishna Forgings Limited's low earnings and revenue growth suggest shrinking profits. This negative trend could indicate that the company is struggling to maintain its financial performance and may face challenges ahead.
Ramkrishna Forgings Limited's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in Ramkrishna Forgings Limited's earnings potential, suggesting stronger financial performance compared to the previous year.

Price projections:

Price projections for RKFORGE
Price projections for RKFORGE

Price projections for Ramkrishna Forgings Limited have been steadily revised downward over time, indicating growing concerns about the company's future performance. This downward trend reflects reduced optimism among analysts regarding Ramkrishna Forgings Limited's ability to meet previous expectations.

Insider Transactions:

Insider Transactions for RKFORGE
Insider Transactions for RKFORGE


There were 3 buy transactions of RKFORGE, with market price at 731.2666829427084.There were no buy transactions during the given timeframe.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


The recent buy bias from analysts suggests Ramkrishna Forgings Limited is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, Ramkrishna Forgings Limited appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.