RKFORGE2022-01-012022-03-31in-bse-fin:OneOperatingExpenses01Member RKFORGE2022-01-012022-03-31in-bse-fin:OneOperatingExpenses02Member RKFORGE2022-01-012022-03-31in-bse-fin:FourOperatingExpenses01Member RKFORGE2022-01-012022-03-31in-bse-fin:FourOperatingExpenses02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares RKFORGE 2021-04-01 2022-03-31 2022-03-31 INR Lakhs Yearly true Cash Flow Indirect Single segment FORGINGS 2022-01-01 2022-03-31 Audited Standalone 6832399000.00 0.00 6832399000.00 3202781000.00 0.00 101454000.00 322310000.00 262075000.00 456121000.00 1695649000.00 6040390000.00 792009000.00 0.00 792009000.00 163073000.00 -237591000.00 -74518000.00 0.00 866527000.00 0.00 0.00 0.00 0.00 866527000.00 399000.00 866926000.00 0.00 0.00 319779000.00 2 5.43 5.43 5.43 5.43 10.86 10.86 The above audited standalone financial results for the quarter and year ended March 31, 2022 have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the Company at their respective meetings held on May 2, 2022 and May 3, 2022 respectively. The Board of Directors of the Company has recommended a final Dividend of Rs.0.20 per shares on Equity Shares of Rs. 2/- each. The figures of the last quarter are the balancing figures between audited figures in respect of full financial year upto March 31, 2022/March 31, 2021 and the unaudited published year-to-date figures upto December 31, 2021/December 31, 2020 being the date of the end of the third quarter of financial year respectively which were subject to limited review. Pursuant to the Special Resolution passed by the Shareholders of the Company by way of Postal Ballot through electronic means, the Company has sub-divided its equity share of face value Rs. 10/- each fully paid up, into 5 (five) equity shares of face value Rs. 2/- each fully paid-up, effective from March 15, 2022, This has been considered for calculating weighted average number of equity shares for all periods presented, as per Ind AS 33-Earnings Per Share. The outbreak of Corona virus (COVID-19) pandemic globally and in India had caused significant disturbance and slowdown of economic activity. While the pandemic situation has improved significantly in this last nine months of the current year, the Company has taken into account the possible impact of COVID-19 in preparation of the audited standalone financial results, including its assessment of recoverability of the carrying value of property, plant and equipment, intangible assets and deferred tax assets (including MAT credit) based on internal and external information upto the date of approval of these audited standalone financial results and current indicators of future economic conditions. Further, management has assessed its liquidity position as on March 31, 2022 and does not anticipate any challenge in the Company's ability to continue as a going concern. As at date of the balance sheet, the management does not anticipate any adverse impact of the pandemic on it's business in foreseeable future. The Company manufactures “Forging components” and the management reviews the performance of the Company as a single operating segment in accordance with Ind AS-108 Operating Segments notified pursuant to the Companies (Indian Accounting Standards) Rules, 2015. Accordingly, no separate segment information has been furnished herewith. The Company has not yet exercised the option permitted under Section 115BAA of the Income-tax Act, 1961 as introduced by the Taxation Laws (Amendment) Ordinance, 2019. However, the Company expects to be in lower tax regime after two years and accordingly the Deferred Tax Liabilities (net) as at March 31, 2022 have been re-measured. Consequently, tax expense for the current quarter and year ended March 31, 2022 includes a credit of Rs. 2,745.61 lakhs and Rs. 2,307.41 lakhs respectively towards reversal of deferred tax liabilities. The Code on Social Security, 2020 (‘Code’) relating to employee benefits during employment and post-employment benefits received Presidential assent in September 2020. The Code has been published in the Gazette of India. However, the date on which the Code will come into effect has not been notified and the final rules/interpretation have not yet been issued. The Company will assess the impact of the Code when it comes into effect and will record any related impact in the period the Code becomes effective. The figures for the corresponding previous periods / year have been the regrouped/reclassified wherever necessary to confirm to current period's presentation. Single segment 2021-04-01 2022-03-31 Audited Standalone 22853655000.00 16093000.00 22869748000.00 12142259000.00 0.00 -1834510000.00 1202845000.00 933469000.00 1690590000.00 6073370000.00 20208023000.00 2661725000.00 0.00 2661725000.00 482420000.00 114287000.00 596707000.00 0.00 2065018000.00 0.00 0.00 0.00 0.00 2065018000.00 2909000.00 2067927000.00 0.00 0.00 319779000.00 2 0.00 12.91 12.91 12.91 12.91 25.82 25.82 Other Expenses 1291078000.00 Power and Fuel 404571000.00 Other Expenses 4549329000.00 Power and Fuel 1524041000.00 933469000.00 -2527335000.00 -3013563000.00 0.00 -198256000.00 0.00 0.00 -131079000.00 0.00 1453860000.00 0.00 26414000.00 117331000.00 1690590000.00 0.00 7580000.00 0.00 0.00 0.00 -168023000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2798000.00 0.00 -1806214000.00 855511000.00 0.00 0.00 -9156000.00 455566000.00 0.00 390789000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4375000.00 2988664000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 10672000.00 0.00 -561158000.00 0.00 -3534775000.00 0.00 0.00 18080000.00 0.00 0.00 0.00 0.00 0.00 6430177000.00 2664854000.00 0.00 5135000.00 47967000.00 941927000.00 0.00 0.00 2788374000.00 -355612000.00 0.00 -355612000.00 665860000.00 310248000.00