Rail wheel JV to supply 40,000 wheels in FY27
Commercial production of rail wheel plant to start in Q1 FY27, with contractual obligation to supply 40,000 wheels to Indian Railways in FY27.
RAMKRISHNAFORGINGS / guidance tracker
Keep management guidance in view.
Ramkrishna Forgings · forward-looking guidance across the available source record.
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Guidance tracker
What management said would happen.
revenue
Debt reduction of ₹400-500 crore in FY27
Management targets significant debt reduction of ₹400-500 crore in FY27 through promoter funding and operational performance.
Capex of ₹300-400 crore in FY27
Capital expenditure for FY27 is expected to be ₹300-400 crore, primarily for value-add and JV contribution, with focus on consolidation.
EBITDA margin improvement of 100-150 bps
Management expects margins to improve by 100-150 bps from Q4 FY26 levels, contingent on passing on energy cost increases to customers.