Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Ramkrishna Forgings Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 892 | 892 | 899 | 996 | 974 | 959 | 1,054 | 1,074 | 947 | 1,015 | 908 | 1,099 | 1,217 |
| Expenses + | 698 | 700 | 699 | 776 | 786 | 791 | 888 | 948 | 849 | 873 | 790 | 936 | 1,014 |
| Operating Profit | 194 | 192 | 200 | 220 | 188 | 169 | 165 | 126 | 98 | 142 | 118 | 162 | 203 |
| OPM % | 22% | 22% | 22% | 22% | 19% | 18% | 16% | 12% | 10% | 14% | 13% | 15% | 17% |
| Other Income + | 2 | 5 | 7 | 4 | 19 | 11 | 84 | 4 | 11 | 4 | 6 | -9 | 2 |
| Interest | 34 | 36 | 38 | 39 | 34 | 36 | 39 | 42 | 49 | 49 | 53 | 51 | 57 |
| Depreciation | 56 | 57 | 61 | 68 | 72 | 62 | 60 | 64 | 85 | 80 | 80 | 84 | 88 |
| Profit before tax | 106 | 104 | 109 | 117 | 100 | 80 | 151 | 24 | -24 | 17 | -10 | 18 | 59 |
| Tax % | 36% | 24% | 24% | 25% | 34% | 32% | 7% | 12% | -945% | 32% | -8% | 25% | 5% |
| Net Profit + | 68 | 79 | 82 | 87 | 66 | 55 | 140 | 21 | 200 | 12 | -10 | 14 | 56 |
| EPS in Rs | 4.28 | 4.91 | 5.00 | 4.80 | 3.66 | 3.03 | 7.72 | 1.16 | 11.04 | 0.65 | -0.52 | 0.75 | 3.08 |
Financials of Ramkrishna Forgings Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 754 | 908 | 921 | 1,491 | 1,931 | 1,216 | 1,289 | 2,320 | 3,193 | 3,705 | 4,034 | 4,238 |
| Expenses + | 623 | 727 | 758 | 1,202 | 1,545 | 1,008 | 1,065 | 1,802 | 2,499 | 2,931 | 3,474 | 3,613 |
| Operating Profit | 131 | 181 | 163 | 289 | 386 | 209 | 224 | 518 | 694 | 774 | 561 | 625 |
| OPM % | 17% | 20% | 18% | 19% | 20% | 17% | 17% | 22% | 22% | 21% | 14% | 15% |
| Other Income + | 12 | 2 | 7 | 4 | 3 | 6 | 5 | 1 | 4 | 36 | 109 | 2 |
| Interest | 32 | 55 | 78 | 73 | 84 | 80 | 81 | 97 | 122 | 147 | 167 | 210 |
| Depreciation | 32 | 53 | 75 | 85 | 121 | 121 | 117 | 169 | 202 | 257 | 271 | 333 |
| Profit before tax | 79 | 75 | 17 | 135 | 184 | 15 | 32 | 253 | 374 | 406 | 231 | 84 |
| Tax % | 5% | 27% | 33% | 30% | 35% | 34% | 35% | 22% | 34% | 28% | -80% | 15% |
| Net Profit + | 75 | 55 | 11 | 95 | 120 | 10 | 21 | 198 | 248 | 291 | 415 | 72 |
| EPS in Rs | 5.49 | 3.81 | 0.78 | 5.82 | 7.36 | 0.59 | 1.29 | 12.36 | 15.52 | 16.11 | 22.93 | 3.95 |
| Dividend Payout % | 7% | 11% | 26% | 3% | 4% | 0% | 0% | 14% | 13% | 12% | 9% | 25% |
Financials of Ramkrishna Forgings Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 27 | 29 | 29 | 33 | 33 | 33 | 32 | 32 | 32 | 36 | 36 | 36 |
| Reserves | 383 | 442 | 440 | 726 | 840 | 843 | 851 | 1,046 | 1,290 | 2,598 | 3,001 | 3,254 |
| Borrowings + | 735 | 882 | 957 | 845 | 912 | 993 | 1,233 | 1,618 | 1,333 | 1,207 | 2,126 | 2,449 |
| Other Liabilities + | 297 | 332 | 433 | 452 | 417 | 361 | 587 | 785 | 1,076 | 1,422 | 1,364 | 1,439 |
| Total Liabilities | 1,442 | 1,685 | 1,858 | 2,056 | 2,201 | 2,230 | 2,703 | 3,481 | 3,731 | 5,262 | 6,528 | 7,178 |
| Fixed Assets + | 532 | 947 | 1,024 | 1,076 | 1,114 | 1,175 | 1,240 | 1,473 | 1,693 | 2,428 | 2,992 | 3,761 |
| CWIP | 316 | 35 | 50 | 44 | 130 | 219 | 276 | 129 | 91 | 216 | 498 | 337 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55 | 0 | 125 | 190 | 241 |
| Other Assets + | 594 | 702 | 783 | 936 | 957 | 836 | 1,187 | 1,823 | 1,947 | 2,492 | 2,848 | 2,839 |
| Total Assets | 1,442 | 1,685 | 1,858 | 2,056 | 2,201 | 2,230 | 2,703 | 3,481 | 3,731 | 5,262 | 6,528 | 7,178 |
Financials of Ramkrishna Forgings Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 44 | 104 | 144 | 127 | 267 | 254 | 140 | 43 | 745 | 621 | 33 | 840 |
| Cash from Investing Activity + | -272 | -169 | -107 | -110 | -254 | -231 | -222 | -354 | -299 | -1,117 | -912 | -929 |
| Cash from Financing Activity + | 214 | 67 | -37 | -17 | -12 | -22 | 147 | 280 | -438 | 625 | 722 | 235 |
| Net Cash Flow | -14 | 1 | -1 | 0 | 1 | 1 | 65 | -31 | 8 | 129 | -157 | 146 |
| Free Cash Flow | -247 | -67 | 34 | 15 | 13 | 27 | -91 | -256 | 390 | 35 | -932 | -39 |
| CFO/OP | 45% | 66% | 91% | 52% | 81% | 125% | 63% | 17% | 117% | 99% | 30% | 136% |
Financials of Ramkrishna Forgings Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 145 | 136 | 176 | 126 | 96 | 103 | 162 | 140 | 89 | 84 | 88 | 68 |
| Inventory Days | 169 | 206 | 227 | 153 | 131 | 260 | 252 | 251 | 228 | 207 | 230 | 210 |
| Days Payable | 150 | 164 | 298 | 154 | 110 | 155 | 248 | 215 | 199 | 199 | 197 | 193 |
| Cash Conversion Cycle | 164 | 178 | 105 | 125 | 117 | 208 | 166 | 176 | 118 | 91 | 121 | 86 |
| Working Capital Days | -3 | -4 | -65 | 16 | 20 | -1 | 6 | 46 | 38 | 54 | 19 | 13 |
| ROCE % | 11% | 10% | 7% | 14% | 16% | 5% | 6% | 15% | 19% | 17% | 7% | 6% |