RKFORGEBSERamkrishna Forgings LtdMediumNeutral
Announced Fri, 1 May · 18:39 IST

Please find enclosed copy of Q4 & FY26 investors presentation of the Company for the Quarter and Year ended 31 March, 2026

Order Pipeline DisclosedMgmt Guided Margin ImprovementCfo Debt Reduction RoadmapInvestor Communications View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+3.1%1-day move
₹597.25
prior close
₹607.50
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After-mkt
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AI summary

Ramkrishna Forgings reported strong Q4 FY26 results with consolidated revenue of ₹1,217 crore, up 28% YoY and 11% QoQ. Profit Before Tax improved to ₹64 crore from ₹30 crore in Q3. Full-year FY26 revenue stood at ₹4,238 crore with EBITDA margin expanding from 13.9% to 15.2%. The company secured new orders worth ₹594 crore in Q4 and ₹3,074 crore for FY26 with a 4-year program life, providing strong revenue visibility for FY27. Diversification strategy is delivering results with non-auto sectors (Railways, Mining, Oil & Gas) now contributing significantly. Key capacity expansions have been commissioned including 333,400 MT forging and 78,600 MT casting capacity. The Rail Wheel project in Chennai is on track for commercial operations by June 2026, and Mexico machining operations commenced bulk production in May 2026.

Likely market impact

The strong order book of ₹3,074 crore and healthy Q4 performance indicate robust revenue visibility. Management's focus on operating leverage, margin expansion, and phased deleveraging over 2-3 years positions the company for improved profitability and cash generation. The diversification into non-auto sectors strengthens earnings resilience.