Key Events This Week
20 Jul: Technical momentum shifts amid mixed market signals
21 Jul: Technical momentum shifts to sideways trend; Mojo Grade downgraded to Sell
22 Jul: Mojo Grade upgraded to Hold on technical and valuation improvements
23 Jul: Mildly bullish technical momentum confirmed with price gains
24 Jul: Q1 FY27 results show margin expansion driving profit surge despite flat revenue
Are Ramkrishna Forgings Ltd latest results good or bad?
2026-07-25 19:15:03Ramkrishna Forgings Ltd's latest financial results for the quarter ended June 2026 present a mixed operational picture. The company achieved significant operating margin expansion, reaching 17.96%, which is the highest in recent quarters. This improvement reflects effective cost management and pricing discipline. However, the revenue for the quarter remained virtually unchanged at ₹1,216.67 crores, indicating a marginal decline of 0.01% compared to the previous quarter. This stagnation raises concerns about demand trends in its core automotive and railway segments. Net profit for the quarter was reported at ₹46.88 crores, which represents a decline of 16.20% sequentially from the previous quarter's exceptional performance. In contrast, on a year-on-year basis, net profit showed a substantial increase of 297.63%, benefiting from a low base due to a loss in the same quarter last year. The operating profit (P...
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Ramkrishna Forgings Q1 FY27: Margin Expansion Drives Profit Surge Despite Flat Revenue
2026-07-24 20:00:41Ramkrishna Forgings Ltd., a leading manufacturer of forged automotive and railway components, reported a remarkable 297.63% year-on-year surge in consolidated net profit to ₹46.88 crores for Q1 FY27, despite essentially flat revenue growth. The stock, trading at ₹579.35 with a market capitalisation of ₹10,637 crores, has declined 0.79% following the results announcement, reflecting investor caution over the company's elevated valuation at 134 times trailing earnings.
Read full news articleAre Ramkrishna Forgings Ltd latest results good or bad?
2026-07-24 19:16:14Ramkrishna Forgings Ltd's latest financial results for Q4 FY26 reveal a complex operational landscape characterized by significant revenue growth alongside notable challenges in profitability. The company reported net sales of ₹1,216.78 crores, marking a year-on-year increase of 28.46% and a sequential improvement of 10.77%. This strong revenue performance indicates robust demand recovery in its core automotive and industrial segments. However, the net profit for the same quarter was ₹55.94 crores, reflecting a sharp quarter-on-quarter recovery of 312.23% from the previous quarter but a substantial year-on-year decline of 72.01%. This decline can be attributed to a significant tax reversal benefit in the prior year, complicating direct comparisons. The operating margin improved to 17.11%, the highest in seven quarters, suggesting better operational leverage despite remaining below historical peak levels. ...
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