Ramkrishna Forgings Ltd · NSE:RKFORGE
Ramkrishna Forgings — Q1 FY27 Earnings Presentation
25 slides from Ramkrishna Forgings's earnings presentation, July 2026
Slide 1: Innovation Engineered For Excellence
Innovation Engineered For Excellence Investor Presentation Q1 FY27
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Ramkrishna Forgings Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any s
Slide 3: Contents
Contents Q1 FY27 About Our Financial Ramkrishna Commitment Overview Forgings 1 2 3 3 Investor Presentation – July 2026
Slide 4: Q1 FY27 Financial Overview
il Q1 FY27 Financial Overview
Slide 5: MD’s Insights and Reflections
MD’s Insights and Reflections "We have commenced FY27 on a strong note with a solid performance in Q1, reflecting the continued improvement in business momentum across both domestic and international markets. Firm demand in the domestic market coupled with healthy volume growth in exports during the
Slide 6: Key Performance Indicators (Standalone)
Key Performance Indicators (Standalone) Revenue* EBITDA* & EBITDA Margin (%) PBT & PBT Margin (%)# Y-O-Y 17.1% Y-O-Y 43.4% Y-O-Y 143.3% Q-O-Q -1.8% Q-O-Q 4.4% Q-O-Q 3.6% 1,097 69 71 1,078 937 185 193 135 29 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 14.39% 17.17% 17.61%
Slide 7: Key Performance Indicators (Consolidated)
Key Performance Indicators (Consolidated) Revenue* EBITDA* & EBITDA Margin (%) PBT & PBT Margin (%)# Y-O-Y 19.8% Y-O-Y 47.0% Y-O-Y 172.5% Q-O-Q 0.01% Q-O-Q 4.9% Q-O-Q 1.6% 1,217 1,217 1,015 208 218 64 65 149 24 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 14.64% 17.11% 17.
Slide 8: Volumes and Realisation
Volumes and Realisation Forgings Volume (tons) Realisation (₹ Lac/ton) Y-O-Y 4.0% 1,82,746 51,747 47,012 45,192 12,942 50,557 13,357 14,630 2.39 2.40 2.42 2.32 38,805 32,382 1,32,189 31,835 1.78 1.85 2.05 1.82 Q1 FY26 Q4 FY26 Q1 FY27 FY26 Q1 FY26 Q4 FY26 Q1 FY27 FY26 Domestic Markets Export Markets
Slide 9: Revenue Breakup
Revenue Breakup Total Revenue Breakup (₹ Crores) Particulars Q1 FY27 Q1 FY26 YoY Q4 FY26 QoQ FY26 Domestic Markets 735.07 610.93 20.3% 752.08 2.3% 2,541.53 Export Markets 353.87 318.75 11.0% 318.72 11.0% 1,186.55 Other Income & Export Incentive 12.74 11.42 11.6% 10.45 21.9% 45.81 Total 1,101.68 941.
Slide 10: Capacity Utilization
Capacity Utilization Production (MT) Q1 FY27 Q4 FY26 Q1 FY26 Particulars Installed Capacity Utilization Utilization Utilization FY26 Production (MT) Production (MT) Production (MT) (%)* (%)* (%)* Ring Rolling 24,000 26,372 7,621 127% 7,268 121% 7,824 130% Forgings 70,350 43,626 11,227 64% 12,241 70%
Slide 11: Diversified Product Portfolio
Diversified Product Portfolio Revenue Break-up FY22 FY23 FY24 FY25 FY26 Q1FY27 Domestic Auto 39.2% 41.9% 39.7% 40.8% 47.0% 48.8% Railways 1.7% 2.7% 3.6% 4.6% 7.5% 6.0% Mining, Earth Moving & Farm Equipment 4.1% 4.5% 4.5% 4.8% 5.9% 5.7% Miscellaneous (Industrial Components, Steel, Cement & Power) 9.8
Slide 12: Export Break Up by Geography
Export Break Up by Geography Particulars (₹ in crores) Q1 FY27 Q4 FY26 Q1 FY26 FY26 FY26 (%) FY25 FY25 (%) North America 222.25 208.73 198.85 688.12 58.0% 1,056.42 71.3% Europe 128.41 107.42 117.12 489.83 41.3% 413.51 27.9% Asia & others 3.21 2.57 2.77 8.61 0.7% 12.16 0.8% Total 353.87 318.72 318.75
Slide 13: Order Wins in Q1 FY27
Order Wins in Q1 FY27 Break up of Auto Segment Railways, 15 2W, 50 ₹ 293 Cr ₹ 278 Cr Auto , 278 PV, 228 Auto Railways PV 2W (₹ in Crores) During Q1, the Company secured new orders worth ₹278 crore, with a program life of 4 years from Automobile segment. The company also won new orders worth Rs 15 cr
Slide 14: Income Statement
Income Statement Particulars (₹ in Crore) FY22 FY23 FY24 FY25 FY26 Q1 FY27 Revenue from Operations 2,320 3,193 3,705 4,034 4,238 1,217 Cost of Goods Sold 1,161 1,611 1,862 2,000 2,162 559 Gross Profit 1,159 1,582 1,843 2,034 2,076 658 Gross Profit Margin 49.96% 49.55% 49.74% 50.42% 48.99% 54.07% Emp
Slide 15: Balance Sheet
Balance Sheet Particulars (₹ in Crore) FY22 FY23 FY24 FY25 FY26 Net block (Tangible assets) 1,566 1,748 2,334 3,157 3,776 Intangible assets 6 6 127 123 119 Investments - - 63 179 237 Right-of-use assets 31 30 183 210 203 Other non-current assets 74 97 227 381 395 Total non ‐ current assets 1,677 1,8
Slide 16: Cash Flow Statement
Cash Flow Statement Particulars (₹ in Crore) FY22 FY23 FY24 FY25 FY26 Cash Flow from Operating Activities Profit before share of profit / (loss) of joint venture and tax from continuing operations 253 374 398 149 84 Profit before tax from discontinued operations - - 11 99 - Adjustment for Operating
Slide 17: About Ramkrishna Forgings
About Ramkrishna Forgings
Slide 18: One Stop Solution Provider
One Stop Solution Provider Warm forging Gear Grinding Fabrication Casting Hot Forging Cold Forging Machining Aluminium Forging Hammer & Upsetter Providing solutions to Facilities Ring Rolling Industrial Commercial Mining, Earth Passenger Railways Components, Electric Vehicles Oil & Gas Vehicles Movi
Slide 19: Our Global Presence
Our Global Presence Revenue By Geography Europe 13.0% North America 18.4% FY26 India Others 68.4% 0.2% Revenue By Geography Europe 11.7% North America 20.3% Q1 Headquarters & Manufacturing facilities Sales & support services: FY27 Warehousing facility: Headquarters – Kolkata • Detroit, USA India • S
Slide 20: Our Commitment
il Our Commitment
Slide 21: Our ESG Vision - Delivering shared value to the planet and people
Our ESG Vision - Delivering shared value to the planet and people RKFL’s 5 Pillars of Sustainability VALUABLE REWARDING WORKPLACE PARTNERSHIPS EMPOWERED COMMUNITIES ENVIRONMENTAL CONSCIOUSNESS ROBUST GOVERNANCE We are aligned with 9 United Nations Sustainability Development Goals 21 Investor Present
Slide 22: Key Sustainability Highlights
Key Sustainability Highlights Where Growth Meets Green: Q-o-Q Progress Update from Q4 FY2026 Permanent 39% 3% Decrease in employees trained on Groundwater Human Rights 2 Increase in consumed1 Renewable Energy Consumption 1 99.9% 99.8% Permanent employees 7% Decrease in Energy Intensity 1 97% Increas
Slide 23: Our Goals and Initiatives
Our Goals and Initiatives Committed to preserving and protecting the environment and supporting the local community Progress from Q4 Progress from Q1 Our Goals and Target Year Key Initiatives FY2026 FY2026 8% decrease 8% increase Power Quality & Energy Efficiency Enhancements: Achieve Net Zero 2040
Slide 24: Conference Call Details
Conference Call Details Q1 FY27 EARNINGS CALL Time Pre-registration HOSTED BY: 4:30 PM IST on To enable participants to connect to the Friday, 24th July 2026 conference call without having to wait for an operator, please register at the below mentioned link: 24 Investor Presentation – July 2026
Slide 25: Thank You
Thank You Mr. Lalit Kumar Khetan (Whole Time Director & CFO) Ramkrishna Forgings Limited Email: lalit.khetan@ramkrishnaforgings.com Mayank Vaswani / Mit Shah CDR India Tel: +91 98209 40953 / +91 99201 68314 Email: mayank@cdr-india.com / mit@cdr-india.com