Ramkrishna Forgings Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	39,685	40,341	37,045	31,929	23,202	12,889
Revenue Growth (YoY)	-7.95%	8.90%	16.02%	37.61%	80.01%	5.96%
Cost of Revenue	22,833	22,697	21,129	18,182	13,307	7,454
Gross Profit	16,852	17,645	15,917	13,747	9,895	5,435
Selling, General & Admin	2,734	2,644	2,005	1,674	1,344	982.15
Other Operating Expenses	8,682	9,299	6,177	5,031	3,380	2,217
Operating Expenses	14,707	14,656	10,755	8,722	6,418	4,366
Operating Income	2,144	2,989	5,162	5,025	3,478	1,069
Interest Expense	-1,418	-1,059	-963.72	-864.12	-732.44	-672.04
Interest & Investment Income	49.51	49.51	31.78	-	9.59	24.49
Earnings From Equity Investments	-129.29	-11.08	-6.92	-	-	-
Currency Exchange Gain (Loss)	-98.78	-98.78	57.26	-118.32	-1.38	-1.54
Other Non Operating Income (Expenses)	-574.22	-537.02	-433.25	-326.92	-222.39	-118.61
EBT Excluding Unusual Items	-25.94	1,332	3,847	3,716	2,531	301.68
Gain (Loss) on Sale of Investments	8.6	8.6	55.04	-	-	-
Gain (Loss) on Sale of Assets	71.35	71.35	6.76	4.55	0.29	-7.82
Legal Settlements	-	-	48.92	13.1	-	-
Other Unusual Items	-104.34	-	-	5.76	-	-
Pretax Income	14.64	1,477	3,975	3,744	2,532	317.42
Income Tax Expense	-2,142	-1,839	1,147	1,263	551.73	110.74
Earnings From Continuing Operations	2,157	3,316	2,829	2,481	1,980	206.68
Earnings From Discontinued Operations	-	834.75	83.32	-	-	-
Net Income	2,157	4,150	2,912	2,481	1,980	206.68
Net Income to Common	2,157	4,150	2,912	2,481	1,980	206.68
Net Income Growth	-53.54%	42.52%	17.37%	25.29%	858.12%	113.17%
Shares Outstanding (Basic)	180	181	168	160	160	160
Shares Outstanding (Diluted)	182	181	170	161	160	161
Shares Change (YoY)	0.57%	6.43%	5.66%	0.57%	-0.42%	-1.69%
EPS (Basic)	11.95	22.95	17.29	15.52	12.39	1.29
EPS (Diluted)	11.84	22.95	17.14	15.43	12.39	1.29
EPS Growth	-53.81%	33.87%	11.09%	24.58%	861.22%	116.92%
Free Cash Flow	-	-9,443	323.27	3,885	-2,568	-913.55
Free Cash Flow Per Share	-	-52.22	1.90	24.16	-16.06	-5.69
Dividend Per Share	1.000	2.000	2.000	2.000	0.500	-
Dividend Growth	-50.00%	-	-	300.00%	-	-
Gross Margin	42.46%	43.74%	42.96%	43.05%	42.65%	42.17%
Operating Margin	5.40%	7.41%	13.94%	15.74%	14.99%	8.30%
Profit Margin	5.43%	10.29%	7.86%	7.77%	8.54%	1.60%
Free Cash Flow Margin	-	-23.41%	0.87%	12.17%	-11.07%	-7.09%
EBITDA	4,482	5,386	7,639	6,976	5,161	2,228
EBITDA Margin	11.29%	13.35%	20.62%	21.85%	22.24%	17.29%
D&A For EBITDA	2,338	2,397	2,477	1,951	1,683	1,159
EBIT	2,144	2,989	5,162	5,025	3,478	1,069
EBIT Margin	5.40%	7.41%	13.94%	15.74%	14.99%	8.30%
Effective Tax Rate	-	-	28.84%	33.74%	21.79%	34.89%
Revenue as Reported	39,912	40,605	37,326	31,969	23,217	12,945
Advertising Expenses	-	3.6	3.16	5.6	2.76	1.1

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.