Ramkrishna Forgings Ltd · NSE:RKFORGE
Ramkrishna Forgings — H1 FY2026 Earnings Presentation
30 slides from Ramkrishna Forgings's earnings presentation, Nov 12, 2025
Slide 1: Stock exchange filing cover letter
Date: 12 November, 2025 To To The Listing Department The Listing Department BSE Limited National Stock Exchange of India Limited PJ Towers Dalal Street “Exchange Plaza” C-1, Block G Mumbai – 400 001 Bandra- Kurla Complex, Bandra (E) Mumbai- 400051 BSE SCRIP CODE: 532527 NSE SYMBOL: RKFORGE Dear Sir/
Slide 2: Innovation Engineered For Excellence - Investor Presentation Q2 & H1 FY26
Innovation Engineered For Excellence Investor Presentation Q2 & H1 FY26
Slide 3: 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 4: Contents
Contents 2 4 About Multiple Ramkrishna Vectors to Accentuate 1 Forgings 3 Growth 5 Q2 & H1 FY26 Update on Subsidiary Our Financial Commitment Overview and Joint Venture 3 Investor Presentation – November 2025
Slide 5: Q2 & H1 FY26 Financial Overview
Q2 & H1 FY26 Financial Overview
Slide 6: Q2 & H1 FY26 Financial Highlights
Q2 & H1 FY26 Financial Highlights Standalone Consolidated Q2 FY26 H1 FY26 Q2 FY26 H1 FY26 ₹ 80,079 Lakhs 18% ₹ 1,73,748 Lakhs 6% ₹ 90,753 Lakhs 14% ₹ 1,92,279 Lakhs 4% Revenue from YoY Revenue from YoY Revenue from YoY Revenue from YoY Operations Growth Operations Growth Operations Growth Operations
Slide 7: MD's Insights and Reflections
MD’s Insights and Reflections “In the face of persistent global volatility—marked by evolving geopolitical dynamics, currency movements, and input cost fluctuation — we have reported consolidated revenues of ₹908 crore for the quarter. This performance underscores our ability to navigate external he
Slide 8: Key Performance Indicators (Standalone)
Key Performance Indicators (Standalone) Revenue* EBITDA* & EBITDA Margin (%) PAT & PAT Margin# (%) 18% 25% 100% 97,077 93,669 13,612 80,079 14,393 13,477 10,789 Exceptional 8,816 Item, 9.1% 2,151 PAT, 4.9% 4,796 37 Q2 FY25 Q1FY26 Q2FY26 Q2 FY25 Q1FY26 Q2FY26 Q2 FY25 Q1FY26 Q2FY26 14.8% 14.4% 13.5% 1
Slide 9: Key Performance Indicators (Consolidated)
Key Performance Indicators (Consolidated) Revenue* EBITDA* & EBITDA Margin (%) PAT & PAT Margin (%)# 14% 26% 107% 1,05,363 1,01,526 16,571 90,753 13,960 14,861 12,254 Exceptional Item, 7.7% 8,150 PAT, 5.5% 5,810 1,179 -950 Q2 FY25 Q1FY26 Q2FY26 Q2 FY25 Q1FY26 Q2FY26 Q2 FY25 Q1FY26 Q2FY26 15.7% 14.6%
Slide 10: Volumes and Realisation
Volumes and Realisation Volume (tons) Realisation (Rs. Lac/(ton)) Volume (tons) Realisation (Rs. Lac/(ton)) 9% 2% 43,387 44,171 39,409 81,926 83,580 13,357 31,384 26,003 16,062 12,646 2.52 2.39 2.54 2.19 2.29 27,325 30,814 26,763 50,542 57,577 1.79 1.78 1.72 1.81 1.75 Q2 FY25 Q1FY26 Q2FY26 Q2 FY25 Q
Slide 11: Capacity Utilization
Capacity Utilization Production (MT) Q2 FY26 Q1 FY26 Q2 FY25 Particulars Installed Capacity Utilization Utilization Utilization FY25 FY24 Production (MT) Production (MT) Production (MT) (%)* (%)* (%)* Ring Rolling 24,000 32,541 32,533 5,267 88% 7,824 130% 8,532 142% Forgings 70,350 47,352 49,054 9,3
Slide 12: Order Wins in Q2 and H1FY26
Order Wins in Q2 and H1FY26 Railways - Railways- Casting, 200 Casting, 200 Railways, 119 Railways, 96 Non Auto, 142 H1Y26 Non Auto , 43 Q2FY26 Rs 1800 Cr Rs 1116 Cr Auto, 777 Auto , 1,339 Auto Non Auto Railways Railways - Casting Auto Non Auto Railways Railways- Casting During Q2, the Company secure
Slide 13: Way Forward
Way Forward The Company expects a Volume growth of 18–20% expected in H2 FY26, supported by strong pipeline of orders Major Growth drivers: − Railways - Approval received and bulk dispatches started for Bogie Assemblies. − Exports in Europe − Aluminum Forgings − New products in Domestic and LCV mark
Slide 14: About Ramkrishna Forgings
About Ramkrishna Forgings
Slide 15: One Stop Solution Provider
One Stop Solution Provider Warm forging Gear Grinding Fabrication Casting Hot Forging Cold Forgings Machining Aluminium Forging Hammer & Upsetter Providing solutions to Facilities Ring Rolling Commercial Railways Mining, Earth Industrial Oil & Gas Vehicles Moving & Farm Components, Steel, Equipment
Slide 16: Global Presence
Global Presence Revenue By Geography Eurpoe 14% % Share –H1FY25 North America Exports 34% 19% India Asia Pacific 66% Domestic 66% other than India 1% Asia Pacific Europe North America South America #19 India, UAE, Thailand, Japan, Australia, Turkey Belgium, Netherlands, Spain, France, Switzerland, S
Slide 17: Update on Subsidiary and Joint Venture
Update on Subsidiary and Joint Venture
Slide 18: Update on Mal Metalliks and MAPL
Update on Mal Metalliks and MAPL We are expecting the order from NCLT for merger of Mal Metalliks Pvt. Ltd. and Multitech Auto Pvt. Ltd. into Ramkrishna Casting Solutions Ltd. (formerly JMT Auto Ltd.) in Q3FY26. All three entities are wholly owned subsidiaries, ensuring no change in RKFL’s sharehold
Slide 19: Update on Rail Wheel Project
Update on Rail Wheel Project Ramkrishna Forgings & Titagarh Rail Systems Consortium received an LOA for Manufacturing and Supplying of Forged Wheels for the Indian Railways. Ramkrishna Forgings holds a 51 % stake in the Joint Venture and is the lead partner in this railway contract. The company will
Slide 20: Update on Mexico Facility
Update on Mexico Facility Ramkrishna Forgings Limited has acquired a company in Mexico and the same is named as Ramkrishna Forgings Mexico S.A. de C.V. The Company has taken a factory space on lease at Monterrey, Mexico, and has already commenced its machining operations along with storage. Current
Slide 21: Multiple Vectors to Accentuate Growth
Multiple Vectors to Accentuate Growth
Slide 22: Multiple Vectors to Accentuate Growth
Multiple Vectors to Accentuate Growth Global Markets Inorganic Expanding Focus on EV Diversification Opportunities Capabilities Strategy Further geographic Explore inorganic Expand our Focus on Continue the presence to opportunities manufacturing increasing revenue diversification enhance capture of
Slide 23: Well Positioned To Capture Future Growth
Well Positioned To Capture Future Growth Summary Summary onon Capacity Capacity Expansion Expansion 8,000T Press 3,000T Press 1,600T Press 900T Cold Forging Press Horizontal Moulding Line Press in Final Stage of Press under Press installed Press Commissioned & Commissioning Installation Production S
Slide 24: Our Commitment
il Our Commitment
Slide 25: Our ESG Vision
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 24 Investor Present
Slide 26: Key Sustainability Highlights
Key Sustainability Highlights Where Growth Meets Green: Progress Update for Q2 FY20261 15% Reduction in 9% Permanent Total water consumption Reduction in 99% employees trained on Human Rights energy intensity per Permanent 99% 60% Increase in rainwater harvesting unit of production employees trained
Slide 27: Our Goals and Initiatives
Our Goals and Initiatives Committed to preserving and protecting the environment and supporting the local community Our Goals and Target Year Progress Key Initiatives Reduction in Propane Across Operations 6% increase Achieved 30% reduction. Achieve Net Zero 2040 in RE energy mix Initiated Electrifi
Slide 28: Embedding Human Rights Due Diligence
Embedding Human Rights Due Diligence We focus on ensuring fair, safe, and respectful conditions for all. “ For RKFL, Human Rights Due Diligence is a strategic tool to build trust, enhance risk management, protect stakeholders, and create a rewarding workplace. RKFL’s Three Pillar Approach to Human R
Slide 29: Conference Call Details
Conference Call Details Q2 & H1 FY26 EARNINGS CALL Time Pre-registration HOSTED BY: 06:00 PM. IST on To enable participants to connect to the 12th November 2025 conference call without having to wait for an operator, please register at the below mentioned link: 28 Investor Presentation – November 20
Slide 30: 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
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