Ramkrishna Forgings Ltd

Ramkrishna Forgings Ltd

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About

Ramkrishna Forgings Limited (RKFL) is a leading manufacturer and supplier of forged, machined, and fabricated products catering to various industries. The company was established on November 12, 1981. RKFL is spearheaded by Mahabir Prasad Jalan, who serves as Chairman Emeritus and Non-Executive Director. The company is headquartered in Kolkata.RKFL serves the automotive, railways, farm equipment, earth-moving, mining & construction, oil & gas, power, and general engineering sectors with precision-engineered components. The company is expanding its footprint in sustainable manufacturing by venturing into aluminum forging. RKFL set up its first facility in Jamshedpur, Jharkhand, to support the growing electric vehicle (EV) sector.

Incorporation Year: 1981
Headquarters: Kolkata
Top Management: Mahabir Prasad Jalan, who serves as Chairman Emeritus and Non-Executive Director
Industry: Auto Ancillaries

Featured In Fortune India Ranking

Next 500 India
#14(2024)#29(2023)#161(2022)#152(2021)#37(2020)#106(2019)#311(2018)#308(2017)#375(2016)
#14(2024)#29(2023)#161(2022)#152(2021)#37(2020)#106(2019)#311(2018)#308(2017)#375(2016)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
4,050
(INR Cr)
Net Operating Income
3,955
(INR Cr)
Assets
3,938
(INR Cr)
Profit
341
(INR Cr)
Net Worth
2,684
(INR Cr)

Fortune India Coverage

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
4050
20.3%
3365
33.4%
2523
95.0%
1294
1.5%
1274
-34.7%
1951
28.9%
1513
54.1%
982
3.6%
948
26.0%
752
75.8%
428
0.3%
427
-16.6%
512
21.5%
421
44.9%
291
15.2%
252
-
Net Operating Income
(INR Cr)
3955
23.86%
3193
37.61%
2320
80.01%
1289
5.96%
1216
-37.01%
1931
29.52%
1491
61.93%
921
0.62%
915
21.22%
755
72.65%
437
7.96%
405
0.00%
501
22.35%
410
44.38%
284
26.40%
225
12.46%
Profit
(INR Cr)
341
37.6%
248
25.3%
198
858.1%
21
113.1%
10
-91.9%
120
26.5%
95
746.1%
11
-79.4%
55
-27.7%
75
791.4%
8
-3.6%
9
-63.9%
24
10.1%
22
102.6%
11
139.9%
5
-
Assets
(INR Cr)
3938
45.9%
2700
-0.5%
2713
27.2%
2132
13.1%
1886
4.5%
1804
9.9%
1642
12.8%
1456
6.7%
1364
18.5%
1151
37.7%
836
62.2%
515
40.4%
367
4.0%
353
12.1%
315
9.3%
288
-
Net Worth
(INR Cr)
2684
103.1%
1322
22.6%
1078
22.2%
883
0.8%
876
0.4%
872
15.0%
759
61.9%
469
-0.2%
470
14.7%
410
27.6%
321
27.4%
252
0.0%
188
22.8%
153
21.2%
127
33.6%
95
5.0%
Employee Cost
(INR Cr)
208
31.7%
158
24.0%
127
32.5%
96
-6.6%
103
-2.0%
105
11.2%
94
10.2%
86
-1.9%
87
49.8%
58
41.9%
41
21.7%
34
21.4%
28
26.6%
22
55.6%
14
26.3%
11
-
Interest Cost
(INR Cr)
1541229781808473785532232920181820
Cash & Bank Balance
(INR Cr)
17747386833122115402110
Total Debt
(INR Cr)
1207133316181233993912845957882735511263178199188193

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 8.4%7.4%7.9%1.6%0.8%6.2%6.3%1.1%5.8%10.0%2.0%2.1%4.8%5.2%3.8%1.8%
Profit As % Of Assets 8.7%9.2%7.3%1.0%0.5%6.7%5.8%0.8%4.0%6.6%1.0%1.7%6.6%6.3%3.5%1.6%
Profit As % Of Networth 12.7%18.8%18.4%2.3%1.1%13.8%12.5%2.4%11.6%18.4%2.6%3.5%12.9%14.4%8.6%4.8%
Interest Cost to EBITDA % 18.3%17.6%18.8%36.1%38.3%21.8%25.4%48.0%30.5%24.6%38.9%45.2%24.4%25.2%39.6%64.5%
Debt to Equity Ratio 0.451.011.501.401.131.041.112.041.881.791.591.040.951.301.492.04
RONW 17.1%20.7%20.2%2.4%1.1%14.7%15.5%2.4%12.4%20.7%3.0%3.2%14.2%15.8%9.8%4.9%
ROCE 18.5%18.3%14.5%5.6%5.1%15.5%13.5%6.7%10.4%11.2%5.4%8.7%15.5%15.3%11.3%10.5%