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Ramkrishna Forgings Limited Buyback: Record Date, Price, & Illustration 2020

Ramkrishna Forgings Limited BuyBack: Company was founded on 12th November 1981 on a bed of integrity, fueled by burning ambition. Years of staying true to its principles and tireless endeavors, they have produced rich results. They became a limited company on 25th May 1995 and today they are an organization manned by qualified and highly skilled people with state-of-the-art manufacturing facilities and international levels of quality control.

They are suppliers to various sectors like Automotive, Railways, Farm Equipment, Bearings, Oil & Gas, Power and Construction, Earth Moving & Mining, both in India & overseas markets.

They are also a critical safety item supplier for Screw Coupling, Bolster suspension, Side frame keys and Draw Gear Assembly for Railway Coaches and wagon. We are a preferred supplier to OEM’s like TATA Motors, Ashok Leyland, VE Commercial and Daimler in India and to Volvo, Mack Trucks, Iveco, Ford in the overseas markets. They supply globally to Tier 1 axle manufacturers like Dana, Sisamex, Meritor and American Axles.

Ramkrishna Forgings Limited BuyBack Offer Deal

Buyback Type:Open Market
Buyback Opening Date:03/04/20
Buyback Closing Date:27/09/20
Buyback Offer Amount:₹ 40 cr
Date of Board Meeting approving the proposal:21/03/20
Date of Public Announcement:21/03/20
Price Type:Open Market
FV:10
Buyback Price:₹ 250 Per Equity Share

Profit & Loss Consolidated Figures Of Ramkrishna Forgings Limited.

Particulars( in Cr)Mar-14Mar-15Mar-16Mar-17Mar-18Mar-19
Sales +43475490892114911931
Expenses +37462372775812021545
Operating Profit60131181163289386
OPM %14.00%17.00%20.00%18.00%19.00%20.00%
Other Income1122743
Interest233255787384
Depreciation2532537585121
Profit before tax13797517135184
Tax %35.00%5.00%27.00%33.00%30.00%35.00%
Net Profit875551195120
EPS in Rs3.0727.0518.63.9129.1336.84

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