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RAMKRISHNA FORGINGS
Quarterly Results Analysis [Sep2026]

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RAMKRISHNA FORGINGS Quarterly Results

Consolidated Sep2026
UnAudited
Jun2026
UnAudited
Mar2026
UnAudited
Dec2025
UnAudited
Sep2025
UnAudited
Jun2025
UnAudited
Mar2025
UnAudited
Dec2024
UnAudited
Revenues ₹1,405 Cr ₹1,217 Cr ₹1,217 Cr ₹1,099 Cr ₹908 Cr ₹1,015 Cr ₹947 Cr ₹1,074 Cr
Expenses ₹1,149 Cr ₹998 Cr ₹1,009 Cr ₹935 Cr ₹785 Cr ₹867 Cr ₹849 Cr ₹947 Cr
Operating Income ₹256 Cr ₹218 Cr ₹208 Cr ₹163 Cr ₹123 Cr ₹149 Cr ₹99 Cr ₹126 Cr
Other Income ₹4 Cr ₹3 Cr ₹2 Cr ₹2 Cr ₹6 Cr ₹4 Cr ₹11 Cr ₹4 Cr
Interest ₹62 Cr ₹57 Cr ₹57 Cr ₹51 Cr ₹53 Cr ₹49 Cr ₹49 Cr ₹42 Cr
Depreciation ₹103 Cr ₹99 Cr ₹88 Cr ₹84 Cr ₹80 Cr ₹80 Cr ₹85 Cr ₹64 Cr
Profit Before Tax ₹96 Cr ₹65 Cr ₹64 Cr ₹19 Cr ₹-5 Cr ₹24 Cr ₹-23 Cr ₹24 Cr
Profit After Tax ₹71 Cr ₹47 Cr ₹61 Cr ₹15 Cr ₹-5 Cr ₹18 Cr ₹200 Cr ₹21 Cr
EPS ₹3.81 ₹2.58 ₹3.08 ₹0.75 ₹-0.53 ₹0.65 ₹11.04 ₹1.16
Industry Peers & Returns1W1M1Y
RAMKRISHNA FORGINGS 6.8% -9.8% 23.7%
BHARAT FORGE 0.4% -11.2% 37.3%
HAPPY FORGINGS -0.9% -15.7% 80%
BALU FORGE INDUSTRIES 4.2% -11.8% -24.5%
MM FORGINGS -1.2% -21.7% 59.2%
TIRUPATI FORGE 8.2% -8.3% 56%
KALYANI FORGE 7.5% -18.8% 30.3%
LGB FORGE 1.9% -2% -54.8%
HILTON METAL FORGING 5.6% -4.8% -58.3%

RAMKRISHNA FORGINGS Quarterly Revenues

Revenues
Q-o-Q

15.51 %

Y-o-Y

54.86 %

Quarters Revenues % Change
Sep2026 ₹1,405 Cr
15.51
Jun2026 ₹1,217 Cr
-0.01
Mar2026 ₹1,217 Cr
10.77
Dec2025 ₹1,099 Cr
21.04
Sep2025 ₹908 Cr
-10.61
Jun2025 ₹1,015 Cr
7.18
Mar2025 ₹947 Cr
-11.79
Dec2024 ₹1,074 Cr -

RAMKRISHNA FORGINGS Quarterly Operating Profit

Operating Profit
Q-o-Q

17.28 %

Y-o-Y

109.08 %

Quarters Operating Profit % Change
Sep2026 ₹256 Cr
17.28
Jun2026 ₹218 Cr
4.94
Mar2026 ₹208 Cr
27.43
Dec2025 ₹163 Cr
33.31
Sep2025 ₹123 Cr
-17.54
Jun2025 ₹149 Cr
50.87
Mar2025 ₹99 Cr
-22.02
Dec2024 ₹126 Cr -
Operating Margins
Q-o-Q

1.50 %

Y-o-Y

35.04 %

Quarters Operating Margin% % Change
Sep2026 18.23%
1.50
Jun2026 17.96%
4.97
Mar2026 17.11%
15.06
Dec2025 14.87%
10.15
Sep2025 13.5%
-7.79
Jun2025 14.64%
40.77
Mar2025 10.4%
-11.56
Dec2024 11.76% -

RAMKRISHNA FORGINGS Quarterly Profit After Tax

Profit After Tax(PAT)
Q-o-Q

50.07 %

Y-o-Y

Positive

Quarters Profit After Tax % Change
Sep2026 ₹71 Cr
50.07
Jun2026 ₹47 Cr
-22.31
Mar2026 ₹61 Cr
315.31
Dec2025 ₹15 Cr
Positive
Sep2025 ₹-5 Cr
Negative
Jun2025 ₹18 Cr
-90.78
Mar2025 ₹200 Cr
853.50
Dec2024 ₹21 Cr -
PAT Margins
Q-o-Q

30.00 %

Y-o-Y

Positive

Quarters PAT Margin(%) % Change
Sep2026 5.07 %
30.00
Jun2026 3.9 %
-22.31
Mar2026 5.02 %
274.63
Dec2025 1.34 %
Positive
Sep2025 -0.51 %
Negative
Jun2025 1.82 %
-91.39
Mar2025 21.13 %
983.59
Dec2024 1.95 % -

RAMKRISHNA FORGINGS Quarterly Earnings Per Share (EPS)

EPS
Q-o-Q

47.67 %

Y-o-Y

Positive

Quarters EPS % Change
Sep2026 ₹3.81
47.67
Jun2026 ₹2.58
-16.23
Mar2026 ₹3.08
310.67
Dec2025 ₹0.75
Positive
Sep2025 ₹-0.53
Negative
Jun2025 ₹0.65
-94.11
Mar2025 ₹11.04
851.72
Dec2024 ₹1.16 -

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