About Ramkrishna Forgings Limited

The public company Ramkrishna Forgings Limited operates as an Indian business entity which maintains listings on the National Stock Exchange of India and BSE. The company produces forged components for automobiles and railway wagons and coaches and engineering applications through its complete production line from forging to machining with heat treatment and painting services. The company maintains production facilities throughout Jharkhand (Gamaria/Adityapur, Baliguma, Dugni, Bholadih) and West Bengal (Liluah) and Maharashtra (Chakan, Pune) and Haryana (IMT Manesar, Gurugram). The company delivers products to customers throughout India and Europe and North America and Asia through its USA and Mexican subsidiaries.

The company produces two main product lines which include commercial vehicle axles and transmissions together with non-auto components. The company serves Indian and international Tier-1 suppliers and Original Equipment Manufacturers (OEMs) through its established customer base and expanding product range. 

Ramkrishna Forgings Limited Milestone 

The company reached two major milestones during FY 2024-25 by installing 57,500 tons of new production capacity and starting investments for 8,000-ton press lines and Aluminium Forgings and a Casting division. The Company expanded its strategic position through strategic acquisitions and partnerships which included auto components and forged wheels businesses.

Ramkrishna Forgings Limited Key Management

• Mahabir Prasad Jalan serves as Non-Executive Director and Chairman Emeritus of the company.
• Naresh Jalan serves as the Managing Director of the company.
• Chaitanya Jalan holds the position of Whole-time Director at the company.
• Lalit Kumar Khetan serves as Whole-time Director and Chief Financial Officer of the company.
• Milesh Gandhi joined the company as a Whole-time Director on June 21, 2024.
• Rajesh Mundhra serves as the Company Secretary.

 Latest Updates on Ramkrishna Forgings Limited

• The company acquired 100% ownership of Ramkrishna Forgings Mexico S.A. de C.V. on August 13, 2024 to enhance its international manufacturing capabilities.
• The company sold its entire stake in Globe All India Services Limited on September 11, 2024 which led to the subsidiary ceasing its status as a wholly-owned entity.
• The NCLT approved the merger of ACIL Limited (a wholly-owned subsidiary) with Ramkrishna Forgings Limited on March 27, 2025 and the merger became effective on May 09, 2025 which led to an increase in authorized share capital.
• The Ramkrishna Titagarh Rail Wheels Limited joint venture continues its development to produce forged wheels under Aatma Nirbhar Bharat through a long-term agreement while using the equity method for consolidated financial statement reporting.
• The company expanded its production capacity by 57,500 tons during FY 2024-25 while starting investments for 8,000-ton press lines and Aluminium Forgings and a Casting division.
• The credit rating agencies ICRA and CRISIL upgraded their facilities to [ICRA] AA- (Stable) and [ICRA] A1+ and [ICRA] AA (Stable) and A1+ respectively.
  The “RKF Limited Employee Stock Option Scheme 2023” issued 1,72,737 options that became vested on March 5, 2025 and had 7,47,070 outstanding ESOPs as of March 31, 2025.