Ramkrishna Forgings' Q1 FY 2025-26 Quarterly Results

Result Summary

• Ramkrishna Forgings Ltd reported a 2.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 0.5%.
• Its expenses for the quarter were up by 8.9% QoQ and 10.9% YoY.
• The net profit decreased 87.4% QoQ and decreased 85.4% YoY.
• The earnings per share (EPS) of Ramkrishna Forgings Ltd stood at 0.7 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Ramkrishna Forgings Ltd is a prominent player in the forging industry, primarily engaged in the manufacturing of forged and machined components for various sectors, including automotive, railways, and general engineering. The company specializes in producing components such as axle beams, crankshaft, steering knuckles, and connecting rods. With a focus on both domestic and international markets, Ramkrishna Forgings Ltd has established itself as a key supplier in the automotive supply chain. The company is known for its state-of-the-art manufacturing facilities and a strong emphasis on quality, innovation, and customer satisfaction. As of the latest updates, there have been no major developments or strategic shifts publicly disclosed.

Revenue

In Q1FY26, Ramkrishna Forgings Ltd reported a total income of ₹1018.88 crores. This reflects a decrease of 2.2% compared to the previous quarter (Q4FY25), where the total income was ₹1041.84 crores. On a year-over-year basis, total income showed a marginal increase of 0.5% from ₹1013.98 crores in Q1FY25. The company’s revenue generation remains relatively stable, with minor fluctuations observed on both quarterly and yearly comparisons. These figures highlight the company's consistent performance in terms of revenue, despite slight variations.

Profitability

The profitability of Ramkrishna Forgings Ltd experienced significant changes during Q1FY26. The profit before tax for this quarter was reported at ₹23.98 crores, marking a substantial decline of 81.3% from the previous quarter (Q4FY25), where it was ₹128.45 crores. Year-over-year, there was a decrease of 79.4% from ₹116.52 crores in Q1FY25. The profit after tax in Q1FY26 stood at ₹11.79 crores, showing an 87.4% decline quarter-over-quarter from ₹93.85 crores, and an 85.4% reduction year-over-year from ₹80.90 crores. Earnings per share (EPS) also fell significantly to ₹0.70 in Q1FY26 from ₹5.20 in Q4FY25 and ₹4.50 in Q1FY25, reflecting decreases of 86.5% QoQ and 84.4% YoY. These metrics indicate a substantial impact on profitability due to various factors influencing the company’s financial performance during this period.

Operating Metrics

The total expenses for Ramkrishna Forgings Ltd in Q1FY26 were ₹994.91 crores, showing an increase of 8.9% from the previous quarter (Q4FY25) when expenses were ₹913.39 crores, and a 10.9% increase from the same quarter last year (Q1FY25), which reported expenses of ₹897.46 crores. The increase in expenses significantly impacted the company's profit margins for the quarter. Tax expenses also saw a notable reduction, with the Q1FY26 tax at ₹5.53 crores, down from ₹34.41 crores in Q4FY25 and ₹35.21 crores in Q1FY25, reflecting decreases of 83.9% QoQ and 84.3% YoY. These fluctuations in operating metrics underscore the changing dynamics within the company’s financial operations during the quarter, affecting overall profitability.