BSECompany Update22h ago · 30 Oct 2026, 04:55 pm
Please find enclosed copy of the Earnings presentation of the Company for the quarter and half year ended 30 September, 2026
Ramkrishna Forgings Ltd · 532527
✦ AI Summary▲ PositiveResults
Ramkrishna Forgings Ltd has reported a 55% YoY increase in consolidated revenues to Rs. 1,405 crore in Q2 FY27, driven by strong domestic demand, improving business in international markets, and operational efficiency.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Ramkrishna Forgings Ltd - 532527 - Announcement under Regulation 30 (LODR)-Investor Presentation
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RAMKRISHNA FORGINGS LIMITED
Date: 30 October 2026
National Stock Exchange of India Limited ~ BSE Limited
Listing Department Department of Corporate Services
Exchange Plaza, Bandra Kurla Complex Floor 25, Phiroze Jeejeebhoy Towers
Bandra (East) Dalal Street
Mumbai 400 051 Mumbai 400 001
Symbol: RKFORGE Scrip Code: 532527
Dear Sir/ Madam,
Sub: Announcement under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 - Q2 & H1 FY 2026-27 Investors Presentation
Please find enclosed copy of the Q2 & H1 FY 2026-27 Investors / Earnings Presentation of the
Company for the quarter and half year ended 30 September 2026.
Copy of the same is being also made available on the website of the Company at
www.ramkrishnaforgings.com.
Request you to take the above information on record.
Thanking you.
Yours faithfully,
For RamKrishna Forgings Limited
Rajesh Mundra
Company Secretary& Complial
ACS12991
Encl.: As above
REGISTERED & CORPORATE OFFIC!
23 CIRCUS AVENUE, KOLKATA 700017, WEST BENGAL, INDIA
PHONE: {+91 33) 7122 0900, ERAIL: info@remkrishnaforgis com, WEB: www.ramkrishraforgi
Forging
the next frontier
Investor Presentation – Q2 & H1 FY27
Safe Harbor
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ramkrishna Forgings Limited (the “Company’), have been
prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not
form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except
by means of a statutory offering document containing detailed information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no
representation or warranty, express or implied, whatsoever, and no reliance shall be placed on the truth, accuracy, completeness, fairness and reasonableness of
the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any
liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.
Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually
and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown
risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian
economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the Company’s ability to
successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes
in revenue, income or cashflows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels
of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes
no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties
included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections.
All Maps used in the Presentation are not to scale. All data, information and maps are provided "as is" without warranty or any representation of accuracy,
timeliness or completeness
Q2 & H1 FY27 Financial Overview
About Ramkrishna Forgings
Our Commitment
Q2 & H1 FY27 Financial
Overview
MD’s Insights and Reflections
“Against the backdrop of continued pressure in the global economic environment, we are pleased to report a solid performance this
quarter. We have reported consolidated revenues of Rs. 1,405 crore in Q2 FY27, an increase of 55% YoY, accompanied by improved
profitability and a stronger balance sheet. New contracts worth Rs.673 crore in Q2 FY27 across the various segments have further
strengthened our order book and growth visibility.
We are encouraged by the progress made during the first half of FY27, building on the recovery seen over recent quarters. Strong
domestic demand, improving business in international markets and a focus on operational efficiency have supported this
performance. Our investments in capacity expansion, new capabilities and a wider product portfolio are contributing to more
sustainable and balanced growth. While global trade policies, geopolitical developments and supply chain uncertainties continue to
create challenges, our diversified operations and longstanding customer relationships help us navigate this environment. We remain
excited by the opportunities across commercial vehicles, passenger vehicles, railways and industrial applications, both in India and
overseas.
Our priorities are to achieve higher capacity utilisation, improve efficiencies and increase profitability from investments made over
the past few years. We are making progress in scaling up casting and aluminium forging operations, while our Mexico facility
strengthens our presence closer to international customers. Expansion in Railways, passenger vehicles and higher value-added
products will further support growth. Looking ahead, we remain confident about our long-term prospects. With a strong order
MR. NARESH JALAN pipeline and a more diversified business, we remain focused on sustaining growth momentum, improving cash flows, strengthening
our balance sheet and enhancing return on capital, while creating long-term value for all stakeholders.”
Key Performance Indicators (Standalone)
Revenue* EBITDA* & EBITDA Margin (%) PBT & PBT Margin (%)#
Y-O-Y 56.7% Y-O-Y 99.1%
Q-O-Q 14.4% Q-O-Q 11.1% Q-O-Q 28.4%
1,255 92
1,097
801 193
Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27
13.5% 17.6% 17.1% 0.1% 6.5% 7.3%
35.4% 68.2% 446.4%
2,352
1,737 163
H1 FY26 H1 FY27 H1 FY26 H1 FY27 H1 FY26 H1 FY27
14.0% 17.3% 1.7% 6.9%
*Excluding Other Income; Note: Rounded off to the nearest whole number.
# PBT is before exceptional Items
Key Performance Indicators (Consolidated)
Revenue* EBITDA* & EBITDA Margin (%) PBT & PBT Margin (%)#
Y-O-Y 54.9% Y-O-Y 109.1%
Q-O-Q 15.5% Q-O-Q 17.3% Q-O-Q 47.1%
1,405
1,217 256 96
908 65
Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27
13.5% 18.0% 18.2% NM 5.4% 6.8%
36.4% 75.1% 770.0%
2,622 161
1,923
H1 FY26 H1 FY27 H1 FY26 H1 FY27 H1 FY26 H1 FY27
14.1% 18.1% 1.0% 6.2%
*Excluding Other Income; Note: Rounded off to the nearest whole number.
# PBT and PBT Margin is before exceptional Items,
Volumes and Realisation
Volume (tons) Forgings Realisation (₹ Lac/ton)
k Y-O-Y 34.8%
M 1,00,116
tro 53,104
83,580
p 47,012
E 30,686
39,409
16,056
26,003
14,630
2.42 2.52 2.47
s 12,646 2.19 2.29
M 32,382 37,048 57,577
69,430
c its 26,763 1.78 2.13 2.08 1.81 2.11
Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27
Castings
Volume (tons) Realisation (₹ Lac/ton)
Y-O-Y 126.5%
11,583 20,176 1.27 1.31 1.33 1.29 1.32
te 8,593
c its 5,113 9,763
Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27
Revenue Breakup
Total Revenue Breakup (₹ Crores) Total Revenue Breakup (₹ Crores)
Particulars Q2 FY27 Q2 FY26 YoY Q1 FY27 QoQ Particulars H1 FY27 H1 FY26 YoY
Domestic 821.57 516.42 59.1% 735.07 11.8% Domestic 1,556.64 1,127.36 38.1%
Export 424.52 277.97 52.7% 353.87 20.0% Export 778.39 5,96.72 30.4%
Other Income & Export Other Income & Export
16.71 14.54 14.9% 12.74 31.2% 29.45 25.96 13.4%
Incentive Incent
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