Ramkrishna Forgings Ltd
Ramkrishna Forgings Q4 FY26 earnings call: Revenue & Margins
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
FY27 export volumes expected to come back strongly, with better export-sales mix than previous years (Page 20). The company expects healthy growth in FY27 with continued top-line and bottom-line improvement, though no specific numbers were given.
From Ramkrishna Forgings Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- FY27 export volumes expected to come back strongly, with better export-sales mix than previous years (Page 20).
- Confident of surpassing 10-15% CAGR growth for FY27 and FY28, possibly higher, though exact numbers not provided (Page 19).
- Targeting around 80-85% utilization of existing 350,000-400,000 tons capacity, leading to strong volume growth (Pages 12, 14, 19).
- Domestic market volumes strong; exports expected to increase and improve overall margins over the next two years (Page 12).
- Railway business growing, expected to reach double-digit revenue contribution (Page 18).
- EV segment revenue targeted to be about 10% in two years, highlighting diversification into passenger vehicles (Page 18).
2 more points management made on revenue & sales performance
Profitability & Margins
See what Ramkrishna Forgings Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- For FY27, capex is planned at Rs. 300 to Rs. 400 crores, mainly for value-added projects and contributions to the joint venture.
- An additional Rs. 50 crores is expected to be paid into the joint venture in FY27.
- The focus in FY27 is on consolidation and debt reduction (targeting Rs. 400 to Rs. 500 crores debt reduction).
2 more points management made on capital expenditure plans
Top-ranked in Auto Components
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Ramkrishna Forgings Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Q4 FY26: Company secured new orders worth Rs. 594 crores, span of four years.
- 56% Auto segment; 44% Non-Auto segment.
- Auto: Rs. 334 crores (Rs. 323 crores CV sector, Rs. 11 crores EV sector).
- Non-Auto: Rs. 258 crores energy segment, Rs. 2 crores off-highway.
- FY27 Orderbook:
- Incremental order for FY27 reported at Rs. 1,550 crores (reduced from Rs. 2,200 crores previous presentation due to timing adjustments).
- FY28 incremental order expected Rs. 1,100 crores more than FY27, with Rs. 2,800 crores total.
- Capacity utilization planned to increase to ~80%-85% in FY27 to support orders.
2 more points management made on order book & pipeline
Ramkrishna Forgings Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.2K Cr, net profit ₹56 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Ramkrishna Forgings Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Ramkrishna Forgings Ltd Q4 FY26 results?
FY27 export volumes expected to come back strongly, with better export-sales mix than previous years (Page 20). The company expects healthy growth in FY27 with continued top-line and bottom-line improvement, though no specific numbers were given.
What is Ramkrishna Forgings Ltd share price analysis?
Ramkrishna Forgings Ltd currently shows a neutral. The stock trades at a P/E of 112.0 with a market cap of ₹12,869 Cr. Investors should review the full earnings analysis for detailed insights.
Is Ramkrishna Forgings Ltd planning capital expenditure?
For FY27, capex is planned at Rs.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.