Ramkrishna Forgings Ltd.

NSE: RKFORGE  SECTOR: Forgings

300.2
+29.3 (10.82%)

Price Summary

Today's High

₹ 301.85

Today's Low

₹ 268.55

52 Week High

₹ 415.8

52 Week Low

₹ 135.45

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

Company Essentials

Market Cap

968.14764176 Cr.

Enterprise Value

1916.95164176 Cr.

No. of Shares

3.2250088 Cr.

P/E

0

P/B

1.15

Face Value

₹ 10

Div. Yield

0%

Book Value (TTM)

₹  261.4932

CASH

2.3312 Cr.

DEBT

951.1352 Cr.

Promoter Holding

44.8%

EPS (TTM)

₹  -9.4046

Sales Growth

-38.4608393494547%

ROE

1.10712637176653 %

ROCE

5.04193755797635 %

Profit Growth

0.864744137586275 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

Sales Growth (in Cr.)

1 Year-38.46%
3 Year8.07%
5 Year8.46%

Profit Growth (in Cr.)

1 Year-91.94%
3 Year-4.16%
5 Year-33.64%

ROE%

1 Year1.11%
3 Year10.46%
5 Year9.24%

ROCE %

1 Year5.04%
3 Year11.49%
5 Year10.31%

Debt/Equity

1.0931

Price to Cash Flow

3.89

Interest Cover Ratio

1.18995848982012

CFO/PAT (5 Yr. Avg.)

8.93466289706316

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2019 44.8 17.48
Sep 2019 44.8 17.48
Jun 2019 44.28 14.57
Mar 2019 44.79 12.7
Dec 2018 44.77 12.02
* Figures given above are % of equity capital

 Strengths

  • Company’s PEG ratio is 0.347181507600542.
  • The company has a good cash flow management; CFO/PAT stands at 8.93466289706316.

 Limitations

  • The company has shown a poor profit growth of -4.16471787472958% for the Past 3 years.
  • The company has shown a poor revenue growth of 8.06904631866094% for the Past 3 years.
  • The company is trading at a high PE of 0.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
Net Sales 379.25 260.66 252.25 222.51 115.85
Total Expenditure 307.09 213.38 204.74 185.75 117.34
Operating Profit 72.16 47.29 47.51 36.76 -1.49
Other Income 0.35 0.4 1.31 3.96 0.62
Interest 19.81 18.06 17.98 19.3 18.15
Depreciation 32.57 28.41 29.09 30.1 22.33
Exceptional Items 0 0 0 0 0
Profit Before Tax 20.13 1.22 1.76 -8.69 -41.35
Tax 6.66 0.51 0.06 -2.43 -14.88
Profit After Tax 13.47 0.71 1.7 -6.27 -26.47
Adjusted EPS (Rs) 0.41 0.02 0.05 -0.19 -0.82

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 897.15 880.91 1435.47 1806.69 1111.82
Total Expenditure 719.63 722.39 1150.64 1426.41 907.37
Operating Profit 177.52 158.52 284.82 380.28 204.45
Other Income 3.43 8.15 4.19 2.99 6.02
Interest 53.2 75.68 70.41 80 75.89
Depreciation 53.02 74.73 84.4 120.83 120.16
Exceptional Items 0 0 0 0 0
Profit Before Tax 74.73 16.27 134.21 182.44 14.42
Tax 19.84 5.34 39.55 63.13 4.8
Net Profit 54.89 10.92 94.66 119.31 9.61
Adjusted EPS (Rs.) 19.15 3.81 29.04 36.59 2.95

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 28.67 28.67 32.59 32.61 32.61
Total Reserves 442.83 440.88 726.59 840.3 843.82
Borrowings 507.2 423.31 386.08 458.16 479.03
Other N/C liabilities 66.22 53.71 72.7 76.87 82.13
Current liabilities 589.17 864.99 818.94 778.28 742.42
Total Liabilities 1634.1 1811.56 2036.9 2186.2 2180.01
Assets
Net Block 939.28 1016.44 1067.91 1106.31 1166.54
Capital WIP 35.06 50.42 43.56 129.59 216.44
Investments 6.7 19.3 19.3 19.3 19.3
Loans & Advances 75.93 29.74 32.11 47.49 44.04
Other N/C Assets 0.6 1.83 0.83 5.75 1.08
Current Assets 576.52 693.81 873.2 877.77 732.61
Total Assets 1634.1 1811.56 2036.9 2186.2 2180.01
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Profit Before Tax 74.73 16.27 134.21 182.44 14.42
Adjustment 105.77 141.24 153.02 180.22 176.67
Working Capital Changes -55.62 -8.94 -138.88 -48.41 64.26
Tax Paid -15.64 -4.23 -23.32 -41.48 -6.7
Operating Cash Flow 109.25 144.33 125.03 272.77 248.65
Investing Cash Flow -172.13 -108.49 -109.55 -253.85 -222.42
Financing Cash Flow 63.52 -36.75 -15.32 -17.35 -25.9
Net Cash Flow 0.64 -0.91 0.16 1.57 0.33

Corporate Actions

Ratings & Research Reports

Company Presentations

Company News

Ramkrishna Forgings Stock Price Analysis and Quick Research Report. Is Ramkrishna Forgings an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Ramkrishna Forgings has a PE ratio of 0 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Ramkrishna Forgings has ROA of 0.440400205166471 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Ramkrishna Forgings has a Current ratio of 0.986782042229902 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Ramkrishna Forgings has a ROE of 1.10712637176653 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Ramkrishna Forgings has a D/E ratio of 1.0931 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Ramkrishna Forgings has an Inventory turnover ratio of 3.22991020298127 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Ramkrishna Forgings has reported revenue growth of -38.4608393494547 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Ramkrishna Forgings for the current financial year is 18.38866572131 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Ramkrishna Forgings is Rs 0 and the yield is 0 %.

Brief about Ramkrishna Forgings

X