Ramkrishna Forgings Limited, a prominent player in the forging industry, has successfully commenced its Cold Forging operations at a new facility located in Kolabira, Jharkhand, effective from January 31, 2025. This new Cold Forging unit boasts a production capacity of 25,000 Tonnes Per Annum (TPA), bringing the company’s total forging capacity to 2,54,150 TPA, including this latest addition.

The Cold Forging process is a cutting-edge metalworking technique used to shape metals at room temperature without the application of heat. Instead, pressure is applied to improve the strength of the metal through strain hardening, making it stronger, more ductile, and more resistant to fatigue and shock. Cold Forging is particularly valued for its ability to produce complex shapes with high precision and a superior surface finish, which is ideal for applications requiring dimensional accuracy and mechanical integrity.

The new capacity addition positions Ramkrishna Forgings to better serve industries requiring high-performance components, such as automotive, defense, and engineering sectors, which demand high-quality forged parts. The addition of Cold Forgings also diversifies the company’s existing Hot and Warm Forgings portfolio, allowing it to venture into new forging methods and products.

Key Details of the Capacity Addition:

• Existing Forging Capacity: The company currently operates a Hot and Warm Forging capacity of 2,29,150 TPA, which is utilized at around 87.22% as of December 31, 2024.
• New Cold Forging Capacity: With the addition of the Cold Forging unit, the total capacity will reach 2,54,150 TPA.
• Investment: The investment for setting up this new facility amounts to Rs. 125 Crore, financed through a mix of debt and internal accruals.
• Project Rationale: This capacity expansion aligns with Ramkrishna Forgings’ strategy to diversify into the Cold Forging sector, thereby enhancing its production capabilities and tapping into new business opportunities in this specialized field.

The Cold Forging process offers multiple advantages over traditional forging methods. It enables higher strength and better wear resistance due to its ability to form intricate shapes with superior material properties. This process also allows for greater consistency in quality, making it a preferred choice for the manufacturing of high-stress components, including those used in the automobile and aerospace industries.

The new facility will help Ramkrishna Forgings meet the increasing demand for such high-precision components, further bolstering its competitive position in the global forging market.

Regulatory and Compliance Information

In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has disclosed the details of the capacity addition under the provisions of Regulation 30. As per the regulatory requirements outlined in SEBI Circulars SEBI/HO/CFD/PoD2/CIR/P/2023/120 (July 11, 2023) and SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 (July 13, 2023), the company has shared the relevant financial details and project rationale.

This expansion marks a major step for Ramkrishna Forgings in strengthening its manufacturing capabilities and positioning itself for future growth, especially in industries requiring high-performance forging.

The details of this development, along with further updates, will be available on the company’s official website, www.ramkrishnaforgings.com.

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