What we do Ramkrishna Forgings Limited manufactures and sells forged components primarily for automobiles, railways, and engineering sectors, with diverse global operations. |
Founded in 1,981 |
Market share Leading Indian forging company with significant market presence domestically and in export markets including North America and Europe. |
Problem solved Provides high-quality, precision forged components vital for automotive, railway, and industrial machinery, addressing durability and performance needs. |
Top clients or who we serve Supplies commercial vehicle manufacturers, railways, mining equipment, and industrial clients, primarily B2B across India and export markets. |
Key management Naresh Jalan (Managing Director), Lalit Kumar Khetan (Whole-time Director & CFO), Chaitanya Jalan (Whole-time Director), Milesh Gandhi (Whole-time Director). |
Our journey and innovations Started as SSI in 1984, expanded capacity with advanced forging lines, CNC machining, and acquired strategic subsidiaries; continually developing new products and capacities. |
Where we operate Manufacturing units in Jharkhand, West Bengal, and Mexico; sales offices and warehouses in USA, Europe, Mexico, and India. |
Top products or what we offer Forged components, including forgings for railways, automobiles, mining, valve bodies, gears, and fabricated spares with advanced machining and casting services. |
Top brands None specifically branded, known as a top-tier supplier for commercial vehicles and railway sectors in India and abroad. |
Raw materials needed Steel billets primarily for forging; other metals for casting and machining. |
Raw materials supplier Various steel raw material suppliers, specifics not detailed in source documents. |
Recurring vs cyclical contribution Revenues are a mix of recurring orders from automotive and railways with cyclical effects from industrial and export demand fluctuations. |
Our industry position Among India's leading forging manufacturers with strong technological capabilities and growing international footprint. |
Financial highlights FY24-25 standalone revenue Rs 4034 Cr, PAT Rs 415 Cr; revenue growth ~3.9% YoY; PAT increased 46.6%; strong order book and capacity expansions underway. |
Geographical revenue split Approximately 67.6% domestic, 32.4% exports primarily to North America and Europe. |
Order book New orders worth Rs 680 Cr in Q3 FY26 with diversified portfolios across Auto and Non-Auto segments. |
Whats driving growth Domestic commercial vehicle demand, railways expansion, product diversification, capacity augmentation, and geographic expansion. |
Our future plans Expansion of forging, casting, machining capacities; commissioning rail wheel plant; ongoing investments in Mexico facility and R&D. |
Our green promise Commitment to emissions reduction, renewable energy adoption, water recycling, waste reduction, and sustainability aligned with UN SDGs. |
Our people and values Focus on ethical governance, employee training in ESG, inclusivity, and creating a safe and rewarding workplace. |
Key challenges ahead Managing cyclical demand risks, raw material price volatility, integration of new facilities, and sustaining profitability amid global uncertainties. |
Interesting facts Asia's 2nd largest rail wheel plant under construction; continuous product innovation with 194 new products developed in FY25. |
Risks and strategy Risk management policies in place addressing operational, financial, legal risks; strategic focus on diversification and capacity increases to mitigate market cycles. |
