Ramkrishna Forgings Future Growth

Future criteria checks 3/6

Ramkrishna Forgings is forecast to grow earnings and revenue by 25.4% and 8% per annum respectively while EPS is expected to grow by 22% per annum.

Key information

25.4%

Earnings growth rate

22.0%

EPS growth rate

Metals and Mining earnings growth	30.2%
Revenue growth rate	8.0%
Future return on equity	n/a
Analyst coverage	Low
Last updated	26 Jul 2024

Recent future growth updates

Ramkrishna Forgings Limited Just Recorded A 12% Revenue Beat: Here's What Analysts Think

May 05

Recent updates

Optimistic Investors Push Ramkrishna Forgings Limited (NSE:RKFORGE) Shares Up 26% But Growth Is Lacking

Jun 23

Is Ramkrishna Forgings (NSE:RKFORGE) Using Too Much Debt?

Jun 10

We Think That There Are Issues Underlying Ramkrishna Forgings' (NSE:RKFORGE) Earnings

May 10

Industry Analysts Just Made A Meaningful Upgrade To Their Ramkrishna Forgings Limited (NSE:RKFORGE) Revenue Forecasts

May 08

Ramkrishna Forgings Limited Just Recorded A 12% Revenue Beat: Here's What Analysts Think

May 05

Should You Be Adding Ramkrishna Forgings (NSE:RKFORGE) To Your Watchlist Today?

Apr 10

Investors Still Waiting For A Pull Back In Ramkrishna Forgings Limited (NSE:RKFORGE)

Feb 11

Ramkrishna Forgings (NSE:RKFORGE) Is Increasing Its Dividend To ₹1.00

Oct 22

We Think Ramkrishna Forgings (NSE:RKFORGE) Might Have The DNA Of A Multi-Bagger

Oct 13

Ramkrishna Forgings Limited's (NSE:RKFORGE) CEO Looks Like They Deserve Their Pay Packet

Sep 10

Ramkrishna Forgings' (NSE:RKFORGE) Returns On Capital Not Reflecting Well On The Business

May 11

Have Insiders Been Buying Ramkrishna Forgings Limited (NSE:RKFORGE) Shares This Year?

Feb 21

A Quick Analysis On Ramkrishna Forgings' (NSE:RKFORGE) CEO Salary

Jan 31

These 4 Measures Indicate That Ramkrishna Forgings (NSE:RKFORGE) Is Using Debt In A Risky Way

Jan 10

Earnings and Revenue Growth Forecasts

NSEI:RKFORGE - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	52,043	N/A	N/A	N/A	1
3/31/2026	45,279	5,396	2,414	N/A	5
3/31/2025	39,294	4,342	2,017	N/A	4
6/30/2024	40,676	3,438	N/A	N/A	N/A
3/31/2024	39,549	3,414	319	6,211	N/A
12/31/2023	38,233	3,160	N/A	N/A	N/A
9/30/2023	35,429	2,902	2,162	6,838	N/A
6/30/2023	33,859	2,753	N/A	N/A	N/A
3/31/2023	31,929	2,481	3,885	7,453	N/A
12/31/2022	30,200	2,636	N/A	N/A	N/A
9/30/2022	28,438	2,479	977	4,075	N/A
6/30/2022	26,025	2,247	N/A	N/A	N/A
3/31/2022	23,202	1,980	-2,568	431	N/A
12/31/2021	21,220	1,480	N/A	N/A	N/A
9/30/2021	19,235	1,174	-1,527	1,034	N/A
6/30/2021	15,924	748	N/A	N/A	N/A
3/31/2021	12,889	207	-914	1,395	N/A
12/31/2020	10,080	-208	N/A	N/A	N/A
9/30/2020	8,879	-333	-743	1,682	N/A
6/30/2020	9,295	-336	N/A	N/A	N/A
3/31/2020	12,165	97	266	2,542	N/A
12/31/2019	14,592	422	N/A	N/A	N/A
9/30/2019	17,150	742	-318	1,318	N/A
6/30/2019	19,083	1,060	N/A	N/A	N/A
3/31/2019	19,311	1,201	127	2,674	N/A
3/31/2018	14,909	949	N/A	1,271	N/A
3/31/2017	9,207	112	N/A	1,436	N/A
3/31/2016	9,105	545	N/A	1,035	N/A
3/31/2015	7,521	754	N/A	437	N/A
3/31/2014	4,372	85	N/A	198	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RKFORGE's forecast earnings growth (25.4% per year) is above the savings rate (6.7%).

Earnings vs Market: RKFORGE's earnings (25.4% per year) are forecast to grow faster than the Indian market (16.9% per year).

High Growth Earnings: RKFORGE's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RKFORGE's revenue (8% per year) is forecast to grow slower than the Indian market (10% per year).

High Growth Revenue: RKFORGE's revenue (8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if RKFORGE's Return on Equity is forecast to be high in 3 years time

Ramkrishna Forgings Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased by 8.3% to ₹925

Price target increased by 12% to ₹860

Ramkrishna Forgings Limited Just Recorded A 12% Revenue Beat: Here's What Analysts Think

Price target increased by 9.1% to ₹725

Price target increased by 11% to ₹648

Price target increased by 22% to ₹451

Recent updates

Ramkrishna Forgings Limited (NSEI:RKFORGE) and Multitech Auto Pvt. Ltd. completed the acquisition of Resortes Libertad S.A. De C.V. for MXN 8.2 million.

Price target increased by 8.3% to ₹925

First quarter 2025 earnings released: EPS: ₹4.48 (vs ₹4.91 in 1Q 2024)

Ramkrishna Forgings Limited (NSEI:RKFORGE) agreed to acquire Resortes Libertad S.A. De C.V. for MXN 83.8 million.

Ramkrishna Forgings Limited to Report Q1, 2025 Results on Jul 24, 2024

Price target increased by 12% to ₹860

Optimistic Investors Push Ramkrishna Forgings Limited (NSE:RKFORGE) Shares Up 26% But Growth Is Lacking

Investor sentiment improves as stock rises 16%

Is Ramkrishna Forgings (NSE:RKFORGE) Using Too Much Debt?

We Think That There Are Issues Underlying Ramkrishna Forgings' (NSE:RKFORGE) Earnings

Industry Analysts Just Made A Meaningful Upgrade To Their Ramkrishna Forgings Limited (NSE:RKFORGE) Revenue Forecasts

Ramkrishna Forgings Limited Just Recorded A 12% Revenue Beat: Here's What Analysts Think

Final dividend of ₹1.00 announced

Ramkrishna Forgings Limited, Annual General Meeting, Aug 31, 2024

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Ramkrishna Forgings Limited to Report Q4, 2024 Results on May 02, 2024

Should You Be Adding Ramkrishna Forgings (NSE:RKFORGE) To Your Watchlist Today?

Investors Still Waiting For A Pull Back In Ramkrishna Forgings Limited (NSE:RKFORGE)

Price target increased by 9.1% to ₹725

Third quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

MD & Executive Director recently bought ₹4.2m worth of stock

New minor risk - Shareholder dilution

Ramkrishna Forgings Limited has filed a Follow-on Equity Offering.

Price target increased by 11% to ₹648

Upcoming dividend of ₹1.00 per share at 0.3% yield

Ramkrishna Forgings (NSE:RKFORGE) Is Increasing Its Dividend To ₹1.00

Ramkrishna Forgings Limited Declares First Interim Dividend for the Financial Year 2023-2024

We Think Ramkrishna Forgings (NSE:RKFORGE) Might Have The DNA Of A Multi-Bagger

MD & Executive Director exercised options to buy ₹1.9b worth of stock.

Ramkrishna Forgings Limited to Report Q2, 2024 Results on Oct 19, 2023

Ramkrishna Forgings Limited Approves Re-Designation of Mahabir Prasad Jalan as Non-Executive Director of the Company Designated as "Chairman Emeritus"

Ramkrishna Forgings Limited's (NSE:RKFORGE) CEO Looks Like They Deserve Their Pay Packet

Here's Why Ramkrishna Forgings (NSE:RKFORGE) Has Caught The Eye Of Investors

Price target increased by 22% to ₹451

Ramkrishna Forgings Limited (NSEI:RKFORGE) agreed to acquire Multitech Auto Private Limited from Atul Dua and Poonam Dua for INR 2 billion.

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Does Ramkrishna Forgings (NSE:RKFORGE) Have A Healthy Balance Sheet?

Ramkrishna Forgings (NSE:RKFORGE) Is Achieving High Returns On Its Capital

Price target increased by 7.9% to ₹356

Upcoming dividend of ₹0.50 per share at 0.6% yield

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of ₹0.50 per share at 0.7% yield

Ramkrishna Forgings (NSE:RKFORGE) Is Due To Pay A Dividend Of ₹0.50

Price target increased to ₹281

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Ramkrishna Forgings Limited Approves Third Interim Dividend for the Financial Year 2022-2023

Ramkrishna Forgings Limited to Report Q3, 2023 Results on Jan 20, 2023

Ramkrishna Forgings Limited (BSE:532527) agreed to acquire 51% stake in TSUYO Manufacturing Pvt Ltd.

Ramkrishna Forgings (NSE:RKFORGE) Is Due To Pay A Dividend Of ₹0.50

Ramkrishna Forgings Limited announced that it has received INR 235.75 million in funding from Shyama Wealth Management Private Limited, Eastern Credit Capital Ltd

Upcoming dividend of ₹0.50 per share

Ramkrishna Forgings Limited Declares Second Interim Dividend for the Financial Year 2022-2023

Second quarter 2023 earnings released: EPS: ₹4.20 (vs ₹2.76 in 2Q 2022)

Investor sentiment improved over the past week

Ramkrishna Forgings Limited to Report Q2, 2023 Results on Oct 21, 2022

Ramkrishna Forgings Limited announced that it expects to receive INR 235.75 million in funding from Shyama Wealth Management Pvt Ltd, Eastern Credit Capital Ltd, and other investors

Upcoming dividend of ₹0.20 per share

Ramkrishna Forgings Limited Recommends Dividend for the Financial Year 2021-22

Ramkrishna Forgings (NSE:RKFORGE) Is Due To Pay A Dividend Of ₹0.50

Ramkrishna Forgings Limited, Annual General Meeting, Sep 17, 2022

First quarter 2023 earnings released

Here's Why Ramkrishna Forgings (NSE:RKFORGE) Has Caught The Eye Of Investors

Ramkrishna Forgings Limited to Report Q1, 2023 Results on Jul 21, 2022

Ramkrishna Forgings (NSE:RKFORGE) Is Experiencing Growth In Returns On Capital

Price target decreased to ₹260

Full year 2022 earnings released: EPS: ₹12.43 (vs ₹1.29 in FY 2021)

Investor sentiment improved over the past week

Ramkrishna Forgings Limited to Report Q4, 2022 Results on May 03, 2022

Whole Time Director recently bought ₹145k worth of stock