th RAMKRISHNA FORGINGS LTD ISIN… · Ramkrishna Forgings Ltd is an India-based company engaged in the manufacture of screw couplings, draw gear assembly, snubber assembly, hanger,
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Ramkrishna Forgings Ltd is an India-basedcompany engaged in the manufacture of screwcouplings, draw gear assembly, snubber assembly,hanger, block hanger side frame key and variousother forgings items of railway coaches and wagon.
Revenue for the quarter increased by 36.55% at Rs.4614.72 mn as against Rs. 3379.41 mn, whencompared with the prior year period.
During Q2 FY19, EBIDTA is Rs. 984.82 mn asagainst Rs. 662.65 mn in the corresponding periodof the previous year, up by 39.31%.
During Q2 FY19, Profit before tax increased to Rs.498.96 mn from Rs. 274.44 mn in Q2 FY18.
During Q2 FY19, net profit jumps to Rs. 327.80 mnagainst Rs. 235.80 mn in the corresponding quarterending of previous year.
EPS of the company stood at Rs. 10.06 a shareduring the quarter as against Rs. 7.22 in previousyear quarter.
Revenue of the company registered a growth of41.95% at Rs. 8719.47 mn in H1 FY19 ascompared to Rs. 6142.46 mn in H1 FY18.
During H1 FY19, PAT rose by 85.51% at Rs.604.99 mn as against Rs. 326.13 mn in H1 FY18.
Net Sales and PAT of the company expected togrow at a CAGR of 24% and 30% over 2017 to2020E, respectively.
Sector Other Industrial ProductsBSE Code 532527Face Value 10.0052wk. High / Low (Rs.) 891.00/528.00Volume (2wk. Avg.) 495Market Cap (Rs. in mn.) 18218.65
a) Property, Plant and Equipment 10130.70 10654.83 11187.57 11858.83b) Capital Work in Progress 504.24 435.57 1145.44 1466.16c) Intangible Assets 33.75 24.23 18.90 16.06d) Financial Assets
e) Other Non-Current assets 51.37 204.58 364.16 455.19Sub - Total Non- Current Assets 11177.44 11637.06 13044.62 14138.75
2) Current Assetsa) Inventories 2285.62 2993.88 3682.47 4345.32b) Financial Assets
i) Trade Receivables 3937.37 4721.95 3399.80 2957.83ii) Cash and Cash Equivalents 2.04 3.67 13.01 19.52iii) Bank Balance other than Cash 8.73 0.12 6.45 8.26iv) Loans 9.59 8.61 32.54 41.65v) Other Financial Assets 19.79 394.71 256.56 205.25
c) Current Tax Assets 10.41 2.30 2.42 2.51d) Other Current Assets 664.59 381.75 236.68 194.08Sub - Total Current Assets 6938.14 8506.97 7629.94 7774.41
Total Assets (1+2) 18115.58 20144.03 20674.56 21913.16EQUITY AND LIABILITIES1) EQUITY
a) Equity Share Capitalb) Other Equity 286.70 325.92 325.92 325.92
Total Equity 4408.78 7265.87 8602.90 10171.662) Non Current Liabilities 4695.48 7591.79 8928.82 10497.58
a) Financial Liabilitiesi) Borrowings 4233.11 3860.78 3765.08 3576.83ii) Other Financial Liabilities 101.75 0.00 0.00 0.00
b) Deferred Tax Liabilities 228.93 344.42 475.29 617.88c) Other Non-Current Liabilities 206.42 382.62 363.49 345.32
Sub - Total Non Current Liabilities 4770.21 4587.82 4603.86 4540.023) Current Liabilities
b) Provisions 23.59 29.08 12.21 9.16c) Current Tax Liabilities 0.00 41.11 43.16 44.89d) Other Current Liabilities 76.25 64.55 71.00 76.68Sub - Total Current Liabilities 8649.89 7964.42 7141.88 6875.56
Total Equity and Liabilities (1+2+3) 18115.58 20144.03 20674.56 21913.16
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