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Ramkrishna Forgings Limited (532527) Fair Value & Analysis

Services · IN · Market cap ₹11.1B

RF Ramkrishna Forgings Limited 532527 · BSE
Price₹577.90
Fair Value₹2,216
Upside+283.5%
Quality35/100
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Evidence: High Range ₹1,662 – ₹2,771

Fair value as of: Jul 4, 2026

From 16 valuation models · updated today

Share price +4.3% over the past month.

Price vs Fair Value (12 months)

₹681.90 ₹463.00 Fair Value ₹2,216 Jun 2025 Jul 2026

12‑month range ₹463.00 – ₹681.90 · fair‑value band ₹1,662 – ₹2,771 · the ₹577.90 price screens below the ₹2,216 fair value. As of Jul 4, 2026.

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Analysis

Ramkrishna Forgings Limited (532527) currently trades at ₹577.90, while our model-based Fair Value estimate is ₹2,216 — implying the stock looks roughly 283.5% undervalued today. We read business quality at 35/100 (below-average quality), in the Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Ramkrishna Forgings Limited generated revenue of ₹8.9B at a net margin of -3.8%. Revenue declined 14.1% year over year. It earns a return on equity of -3.9%. The stock trades on a trailing P/E of 19.6. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) ₹8.9B
Revenue growth (YoY) -14.1%
Net margin -3.8%
Return on equity -3.9%
P/E ratio 19.6
Operating margin 2.7%
More key figures
EPS (TTM) ₹6.73
Dividend yield 0.1%
EPS growth (YoY) +21.6%

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

Ramkrishna Forgings Limited manufactures and supplies open and closed die forgings of carbon and alloy steel, micro alloy steel, and stainless steel in India and internationally. The company offers crown wheels/ring gears; I beams, crankshafts, connecting rods, knuckles, diff cases, center wedges, steering arms, tie rod arms, pitman arms, stub axles, recondition taper stationary plates, spides/crosses, brake flanges, brackets, wheel hubs, yokes, front engine mounting arms, tooth products, hammer bars, track links, bearing caps, counterweights, and ring gear carriers; and pinions, front hubs, prop shafts, counter shafts, rear axle shafts, coupling flanges, engaging gears, CM gears, speed gears, and clutch collars. It also provides screw couplings, bolster suspensions, side frame keys, and draw gear assemblies. The company offers its products for various industries and sectors, including automotive, earth moving and mining, farm equipment, general engineering, railways, steel plants, …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ramkrishna Forgings Limited reported revenue of ₹40.3B in FY2025 versus ₹12.9B in FY2021, a compound +33.0%/yr. Reported net income was ₹4.2B in FY2025, compounding +111.7%/yr from FY2021.

Revenue +33.0%/yr
FY21 ₹12.9B
FY22 ₹23.2B
FY23 ₹31.9B
FY24 ₹37.0B
FY25 ₹40.3B
Net income +111.7%/yr
FY21 ₹207M
FY22 ₹2.0B
FY23 ₹2.5B
FY24 ₹2.9B
FY25 ₹4.2B

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Frequently asked questions

Is Ramkrishna Forgings Limited (532527) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹2,216 versus a price of ₹577.90 — about +284% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 532527?
Our model-based fair value for Ramkrishna Forgings Limited is ₹2,216 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹577.90.
What is the quality score of 532527?
Ramkrishna Forgings Limited has a Quality Score of 35/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Ramkrishna Forgings Limited (532527)?
Ramkrishna Forgings Limited reported trailing-twelve-month revenue of about ₹8.9B (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 532527?
The net profit margin of Ramkrishna Forgings Limited is about -3.8%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Ramkrishna Forgings Limited pay a dividend?
Ramkrishna Forgings Limited currently shows a dividend yield of about 0.13% relative to its recent price (as of Jul 4, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.