RAMKRISHNA FORGINGS LTD. - 532527 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Investors Meet Conference12-08-2023
12-08-2023
RAMKRISHNA FORGINGS LTD. - 532527 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Investor Meet Conference12-08-2023
RAMKRISHNA FORGINGS LTD. - 532527 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Allotment of Equity shares pursuant to Ramkrishna Forgings Limited - Employee Stock Option Plan 2015 ("ESOP Scheme").04-08-2023
RAMKRISHNA FORGINGS LTD. - 532527 - Announcement under Regulation 30 (LODR)-Updates on Joint Venture
Execution of Shareholders Agreement between Ramkrishna Forgings Limited, Titagarh Rail Systems Limited and Ramkrishna Titagarh Rail Wheels Limited (Joint Venture Company) on 2nd August, 2023.02-08-2023
RAMKRISHNA FORGINGS LTD. - 532527 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 and 47 of the SEBI LODR Regulations, 2015, please find enclosed herewith newspaper advertisements published on 28th July, 2023 in respect of Notice of unpaid/unclaimed dividend and equity shares to be transfer to the IEPF Authority.28-07-2023
RAMKRISHNA FORGINGS LTD. - 532527 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Transcript of Earnings Call for Q1 FY 2023-2428-07-2023
RAMKRISHNA FORGINGS LTD. - 532527 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
This is to inform you that the Management of the Company will be virtually meeting on 28th July, 2023 with the following Institutional Investor: 1) ASIT C MEHTA INVESTMENT INTERMEDIATES Note: The above schedule meeting may undergo changes due to exigencies on the part of the investor or the Company. Further, no presentation will be made for the same. Copy of the same is also being made available on the website of the Company at www.ramkrishnaforgings.com. We request you to take the afore-mentioned information in record and oblige.25-07-2023
RAMKRISHNA FORGINGS LTD. - 532527 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Company has allotted 5,260 Equity Shares to Mr. Venkat Rao Gogula under RKFL ESOP Scheme25-07-2023
Buy Ramkrishna Forgings; target of Rs 555: Emkay Global Financial
Emkay Global Financial is bullish on Ramkrishna Forgings has recommended buy rating on the stock with a target price of Rs 555 in its research report dated July 22, 2023.25-07-2023
Q1FY24 Quarterly Result Announced for Ramkrishna Forgings Ltd.
Other Industrial Products company Ramkrishna Forgings announced Q1FY24 results: Q1FY24 vs Q1FY23: Revenue: Rs 83,595 crore vs Rs 65,075 crore, up 28% YoY EBITDA: Rs 18,754 crore vs Rs 14,370 crore, up 31% YoY EBITDA Margin: 22.4% vs 22.1% PAT: Rs 7,697 crore vs Rs 4,726 crore, up 63% YoY PAT Margin: 9.2% vs 7.3% Overall capacity utilization was 92% for Q1FY24, 103% in Q4FY23 and 78% in Q1FY23 The board has approved an investment to acquire Multitech Auto Private Limited and its wholly-owned subsidiary Mal Metalliks Private Limited Commenting on the results Naresh Jalan, Managing Director, Ramkrishna Forgings said: “Our company is committed to stringent capital allocation practices, aimed at improving return ratios and generating higher shareholder value. We prioritize sustainable growth and profitability by carefully evaluating investment opportunities and integrating sustainability principles into our operations. Through automation and artificial intelligence, we are in the process of enhancing operational efficiency, increasing productivity, and addressing evolving customer demands. Our focus on improving return on capital employed (ROCE) and return on equity (ROE) drives financial performance. We remain vigilant and closely monitor macroeconomic risks, proactively mitigating them by prioritizing customer relationships and delivering excellent service. We are dedicated to proactively positioning ourselves for future growth and increasing our market share. Our strategic focus revolves around preparing for improved market conditions, ensuring that we are well-prepared to seize opportunities. This includes our efforts to enhance our capacity, aligning our actions with our long-term vision to thrive and succeed in the future. Additionally, we are actively working towards reducing our debt burden, targeting a Debt to EBITDA level of 1:1 by FY25. This disciplined approach will strengthen our financial position, reduce risks, and provide us with the flexibility to pursue growth opportunities.” Result PDF24-07-2023