Ramkrishna Forgings (NSE:RKFORGE) ROCE %: 9.21% (As of Mar. 2026)


NSE:RKFORGE Ramkrishna Forgings Ltd NSE:RKFORGE
84 GF Score
Price ₹563.70
GF Value ₹789.29
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Ramkrishna Forgings ROCE %?

Ramkrishna Forgings NSE:RKFORGE -1.18% 84 ROCE % is 9.21% as of Mar. 2026. GuruFocus rates NSE:RKFORGE with a GF Score™ of 84/100 and a GF Value™ of ₹789.29 (Modestly Undervalued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Ramkrishna Forgings's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.21%.

Ramkrishna Forgings  (NSE:RKFORGE) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Ramkrishna Forgings ROCE % Related Terms

Ramkrishna Forgings ROCE % Historical Data

* Premium members only.

The historical data trend for Ramkrishna Forgings's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ramkrishna Forgings ROCE % Chart

Ramkrishna Forgings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.64 21.33 16.56 7.85 6.31

Ramkrishna Forgings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.33 6.16 3.85 6.18 9.21
NSE:RKFORGE
84GF Score
Ramkrishna Forgings Ltd NSE:RKFORGE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ramkrishna Forgings ROCE % Calculation

Ramkrishna Forgings's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=2943.582/( ( (65572.875 - 22749.786) + (71779.524 - 21316.759) )/ 2 )
=2943.582/( (42823.089+50462.765)/ 2 )
=2943.582/46642.927
=6.31 %

Ramkrishna Forgings's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=4646.964/( ( (0 - 0) + (71779.524 - 21316.759) )/ 1 )
=4646.964/( ( 0 + 50462.765 )/ 1 )
=4646.964/50462.765
=9.21 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 9.21% mean?
Ramkrishna Forgings (NSE:RKFORGE) has a ROCE % of 9.21% as of Mar. 2026.
Is Ramkrishna Forgings' ROCE % too high?
Ramkrishna Forgings' current ROCE % is 9.21%. The Industrial Products industry median ROCE % is 7.10. Ramkrishna Forgings' value of 9.21% is 29.7% above this industry median. Overall, Ramkrishna Forgings has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ramkrishna Forgings' ROCE % compare to ATI and CRS?
Ramkrishna Forgings' ROCE % of 9.21% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. Ramkrishna Forgings' value of 9.21% is 29.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.10, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ramkrishna Forgings's current ROCE % of 9.21% is 29.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramkrishna Forgings's current ROCE % is 9.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramkrishna Forgings stock overvalued right now?
Based on GuruFocus' analysis, Ramkrishna Forgings (NSE:RKFORGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹789.29, compared to a current price of ₹563.70 — trading 28.6% below its estimated fair value. The current ROCE % is 9.21% and 29.7% above the Industrial Products industry median of 7.10. Ramkrishna Forgings' overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Ramkrishna Forgings (NSE:RKFORGE), the current ROCE % is 9.21% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ramkrishna Forgings (NSE:RKFORGE) Overvalued in 2026?

Based on GuruFocus' analysis, Ramkrishna Forgings stock appears to be undervalued. The current stock price of ₹563.70 is trading 28.6% below its estimated GF Value™ of ₹789.29. GuruFocus considers Ramkrishna Forgings to be Modestly Undervalued.

Key valuation signals for NSE:RKFORGE:

  • ROCE %: 9.21%
  • GF Value™: ₹789.29 vs. price of ₹563.70 (28.6% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 29.7% above the Industrial Products median

No single metric tells the full story. See the NSE:RKFORGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ramkrishna Forgings Business Description

Other Exchanges 532527:India
Address 23, Circus Avenue, 9th Floor, Kolkata, WB, IND, 700 017
Ramkrishna Forgings Ltd is an Indian-based company, that engages in the manufacture of forgings and production of metal products. Its product portfolio includes engine components, front and rear axle components, transmission components, crown wheels and bellcrank assemblies, and others. The company's forgings are used in various industries and sectors, including automotive, earth moving and mining, farm equipment, general engineering, railways, steel plants, and others. Geographically the company caters its services to both domestic and overseas markets.
84GF Score

Get the complete analysis for NSE:RKFORGE

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹563.70
Price
₹789.29
GF Value