Comparison · NSE · data 2026-10-31
Kennametal India Limited vs Ramkrishna Forgings Ltd
In plain words
Size: Ramkrishna Forgings Ltd is about 1.5 times the market value of Kennametal India Limited.
Valuation (P/E): Ramkrishna Forgings Ltd 111 vs Kennametal India Limited 41.4.
Return on equity: Kennametal India Limited 24.5% vs Ramkrishna Forgings Ltd 2.3%.
Profit growth over 3 years: Kennametal India Limited 30.7% a year vs Ramkrishna Forgings Ltd -33.9% a year.
Debt to equity: Ramkrishna Forgings Ltd 0.75 vs Kennametal India Limited 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| KENNAMET | RKFORGE | |
|---|---|---|
| Price | ₹3,687.9 | ₹646.9 |
| Market cap | ₹8,092 cr | ₹11,771 cr |
| P/E | 41.4 | 111 |
| P/B | 9.5 | — |
| ROE | 24.5% | 2.3% |
| ROCE | 31.9% | 4.2% |
| Debt / equity | 0 | 0.75 |
| Operating margin | 16.9% | 7.2% |
| Dividend yield | 1.09% | 0.15% |
| Sales growth, 3 years (yearly) | 11.9% | 10.3% |
| Profit growth, 3 years (yearly) | 30.7% | -33.9% |
| 1-year return | 44.8% | 18.4% |
| Revenue, last 12 months | ₹1,511 cr | ₹4,439 cr |
| Net profit, last 12 months | ₹196 cr | ₹107 cr |
| Latest quarter | — | — |
| Quarter net profit | — | — |
| Quarter profit vs a year earlier | — | — |
| Promoter holding | — | 40.93% |
| Health check | Strong (7.4/10) | Weak (3.8/10) |
Common questions
Which has a higher P/E, Kennametal India Limited or Ramkrishna Forgings Ltd?
Ramkrishna Forgings Ltd trades at the higher P/E (111 against 41.4). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Kennametal India Limited (24.5% against 2.3%).
Which carries more debt?
Ramkrishna Forgings Ltd has the higher debt-to-equity ratio (0.75 against 0).