Ramkrishna Forgings Limited — PPTs, 01-05-2026: Investor Presentation

Ramkrishna Forgings delivered a strong Q4 FY26. Consolidated revenue grew 28% YoY to ₹1,217 Cr, with Profit Before Tax soaring 111% YoY to ₹64.3 Cr. This robust performance was driven by sustained momentum in key industries and new business lines, particularly a 52% YoY increase in domestic markets. Non-auto segments like Railways, oil & gas, off-highway, and mining are significantly boosting earnings. FY26 consolidated revenue rose 5% to ₹4,238 Cr, and EBITDA increased 15% to ₹643 Cr, reaching a 15.2% margin.

The company's diversification strategy is paying off, with substantial investments in forging, casting, and machining. Strategic focus is now on ramping up newly commissioned capacities, boosting utilization across all segments, and securing new product wins. This aims to drive operating leverage, margin improvement through a richer product mix, and stronger asset returns.

New orders worth ₹594 Cr were secured in Q4 FY26, contributing to ₹3,074 Cr for the full year. The joint venture for forged rail wheels is nearing commercial operations by end of June. The Mexico facility has also started trial production, with bulk commercial output expected mid-May.

Management anticipates FY27 to be a strong year, supported by a healthy order book and improving demand. They project significant revenue growth, margin expansion, and improved ROCE from new capacity utilization, diversification, and disciplined capital allocation, leading to stronger free cash flow.