Ramkrishna Forgings Limited has informed the Exchange about Commercial Production Of Horizontal Casting Line
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Ramkrishna Forgings has started commercial production of a new Horizontal Casting Line called 'DISA FLEX 80' at its Plant VIII in Bholodih, Jharkhand, effective March 31, 2026. The line has a production capacity of 28,800 metric tonnes per annum, and the company had no prior existing casting capacity, making this a fresh addition. The project involved an investment of Rs. 249 crores, funded through a mix of debt and internal accruals. The company stated the move is aimed at expanding into the automotive casting space and offering a complete product range to existing and new customers.
This is a significant capacity expansion that should boost future revenue potential in the automotive casting segment, though the Rs. 249 crore capex may put some near-term pressure on margins and leverage. Investors should watch for utilization ramp-up and order wins to translate the new capacity into actual sales.