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Ramkrishna Forgings (BOM:532527) Profitability Rank : 10 (As of Mar. 2024)


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What is Ramkrishna Forgings Profitability Rank?

Ramkrishna Forgings has the Profitability Rank of 10. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Ramkrishna Forgings's Operating Margin % for the quarter that ended in Mar. 2024 was 14.23%. As of today, Ramkrishna Forgings's Piotroski F-Score is 7.


Competitive Comparison of Ramkrishna Forgings's Profitability Rank

For the Tools & Accessories subindustry, Ramkrishna Forgings's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ramkrishna Forgings's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ramkrishna Forgings's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Ramkrishna Forgings's Profitability Rank falls into.



Ramkrishna Forgings Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Ramkrishna Forgings has the Profitability Rank of 10. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Ramkrishna Forgings's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1455.694 / 10232.649
=14.23 %

* 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.

2. Piotroski F-Score

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Ramkrishna Forgings has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Ramkrishna Forgings Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank


Ramkrishna Forgings Profitability Rank Related Terms

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Ramkrishna Forgings (BOM:532527) Business Description

Traded in Other Exchanges
Address
23, Circus Avenue, 9th Floor, Kolkata, WB, IND, 700 017
Ramkrishna Forgings Ltd is an Indian based company, 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. Its forgings are used in various industries and sectors, including automotive, earth moving and mining, farm equipment, general engineering, railways, steel plants and other. Geographically the company caters its services to both domestic and overseas market.

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