Ramkrishna Forgings Limited FY21 Q4 and year-end results.
Table of Contents
Ramkrishna Forgings Limited is one of the CASTINGS and FORGINGS-based industries in Kolkata, West Bengal, India. It was founded in 1981. The investments in cutting-edge technology, capacity augmentation, and equipment modernization have enabled the Company to earn the position of preferred supplier status with leading globally respected OEMs operating in India. Its ability to develop customized products has created a huge product basket.
Ramkrishna Forgings Limited has reported a 547% percent growth in its consolidated net profit to ₹.3388.94 Lakhs in the March 2021 quarter. the company net profit stood at ₹.(757.35) Lakhs the year ago. Ramkrishna Forging also reported a 113.17% percent increased in its consolidated net profit to ₹.2066.83 Lakhs in march of FY2021. The company’s net profit stood at ₹.969.55 Lakhs in FY20.
Its revenue from operation grew 117% percent to ₹.52,043.83 Lakhs in the fourth quarter Q4 from ₹.23,955.58 Lakhs in the year-ago period, and also in FY2021, Ramkrishna Forging ltd grew 5.95% percent to ₹.128,893.21 Lakhs from ₹.121,647.18 Lakhs in the FY20.
In Ramkrishna Forging Limited comparing both FY21 Q4 and FY20 Q4, Net profit was 5X times increases in the FY21. In the Year-end FY21 and FY20 results, 2Xtimes increased. In the Revenue from operation 2x times increases in the result of Q4. In the year-end, 1x time higher comparing to the year ago.
- http://www.ramkrishnaforgings.com
- Headquarters: Kolkata, West Bengal, India.
- Founded:1981
- Subsidiaries:
- Globe Forex & Travels Limited
- Ramkrishna Aeronautics Private Limited
- Ramkrishna Forgings LLC
- NSE: RKFORGE
- BSE: 532527
- ISIN: INE399G01015
- Industry: CASTINGS/FORGINGS
- Total Market Cap: 2,05,633.93 LAKHS
- P/E RATIO: 101
- ROCE: 5.73%
- ROE: 2.35%
- FACE VALUE: ₹10
- BOOK VALUE; ₹276
Ramkrishna Forging Limited Product:
Ramkrishna Forgings has established a strong presence in the global market. It successfully supplies to Tier-1 customers in the US. Further, the Company supplies to Tier-1 customers and has commenced supplies with important international OEMs
Ramkrishna Forging Limited major revenue from commercial vehicle segment. The products are:
- Rolled Products
- Forged Products
- Machined Products
1.Rolled Products from Ramkrishna Forging Limited.
- RKFL has installed a fully automated Ring, Rolling Line, along with ISO thermal Annealing line and CNC controlled Vertical Machining Centers with Robo drills to fully machine as per customer’s requirement.
- RKFL has WEIGHT RANGE 20KGS TO 75KGS
2.Forged Products from Ramkrishna forging Limited.
- RKFL has WEIGHT RANGE 2KGS TO 200KGS
- In Forged Product includes I BEAM, Crankshaft, Connecting Rod, Knuckle, Diff Case, Center Wedge, Steering Arm, Tie Rod Arm, Pitman Arm, Stub Axle, Center Wedge, Recondition Taper Stationary Plate, Spide/ Cross, Brake Flange, Bracket, Wheel Hub, Yoke, Diff Case, Front engine mounting arm, Tooth, Hammer Bar, Track Link, Main Bearing Cap, Counterweight, Ring Gear Carrier.
- This product is used in Automobile Sector, Railway Sector, Earthmoving, Steel Plant, General Engineering.
3.Machined Products from Ramkrishna Forging Limited
- RKFL has WEIGHT RANGE 2KGS TO 200KGS, All Hobbed Gear up to Din 6 accuracy.
Ramkrishna Forging Limited, Consolidated Financial Result For the Quarter and Year ended.
| Particulars | FY21 Q4 31.03.2021 | FY20 Q4 31.03.2020 | FY21 31.03.21 |
| Total Income from Operation | 52,043.83 | 23,955.58 | 1,28,893.21 |
| Net profit before tax (before Exceptional item and/or extraordinary Item) | 5,270.70 | (1,024.97) | 3,174.20 |
| Net profit after tax (after Exceptional item and/or extraordinary Item) | 3,388.94 | (75735) | 2,066.83 |
| Total Comprehensive Income | 3,448.36 | {725.07} | 2,401.14 |
| Equity Share Capital | 3,193.27 | 3,260.77 | 3,193.27 |
Ramkrishna Forging Limited, Cash flow Statement.
| Particulars | FY2021 | FY2020 |
| NET CASH FROM OPERATING ACTIVITIES | 13,953.45 | 25,418.97 |
| NET CASH OUTFLOW FROM INVESTING ACTIVITIES | (22,167.69} | (23,124.81) |
| NET CASH OUTFLOW FROM FINANCING ACTIVITIES | 14,684.16 | (2,240.47) |
- Compounded Sales Growth
- 5 year: 7%
- 3 year:-5%
- 1 year: 6%
- Compounded Profit Growth
- 5 year:18%
- 3 year: 40%
- 1 year:108%
- Return on Equity
- 5 year:7%
- 3 year:6%
- 1 year:2%
Ramkrishna Forging Limited Shareholder pattern:
- Promoter Group: 45.90%
- Public: 53.65%
- Others: 0.45%
- Total: 100.00%
