	C 2012 Mar 31	2013 Mar 31	2014 Mar 31	2015 Mar 31	2016 Mar 31	2017 Mar 31	2018 Mar 31	R 2019 Mar 31	C 2020 Mar 31	C 2021 Mar 31	R 2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M IR	12M AR	12M AR	12M AR	12M PRESS
Total Revenue	350	361	411	503	502	478	639	934	769	752	1,140	1,462	1,563	1,525	1,590
Cost of Operating Revenue	170	241	279	321	319	312	412	626	537	530	668	1,000	1,052	988	964
Gross Profit	180	120	133	181	183	167	227	308	232	222	472	462	512	537	626
Gross Margin	51.4	33.3	32.2	36.1	36.5	34.8	35.5	33.0	30.2	29.5	41.4	31.6	32.7	35.2	39.4
Total Operating Expenses	313	324	368	427	430	425	555	818	697	688	999	1,268	1,353	1,322	1,413
Operating Profit	37	37	43	75	72	54	84	117	73	64	141	194	210	203	177
Operating Margin	10.7	10.2	10.4	15.0	14.4	11.3	13.1	12.5	9.4	8.5	12.4	13.3	13.4	13.3	11.1
Financing Income/(Expense) - Net	-6	-7	-6	-7	-3	1	-2	-16	-22	-18	-28	-21	-27	-41	-78
Profit before Taxes	39	30	38	69	69	55	74	93	53	52	127	177	189	166	114
Income Taxes	12	6	9	18	19	12	14	27	11	6	38	49	54	44	16
Profit after Tax	27	24	29	51	50	43	61	65	42	46	90	128	135	122	98
PAT Margin	7.6	6.8	7.1	10.1	10.0	9.1	9.5	7.0	5.5	6.1	7.9	8.8	8.6	8.0	6.2
EPS - Basic - ex Extraordinary Items	5.54	5.07	6.07	10.47	10.37	8.99	12.55	13.57	8.68	9.54	18.84	26.50	27.97	25.24	20.44
EPS - Diluted - ex Extraordinary Items	5.54	5.07	6.07	10.47	10.37	8.99	12.55	13.57	8.68	9.54	18.84	26.50	27.97	25.24	20.44
EBIT	37	37	43	75	72	54	84	117	73	64	141	194	210	203	177
EBITDA	60	58	79	111	108	93	130	175	132	129	209	273	293	296	280
EBITDA Margin	17.3	16.0	19.2	22.0	21.5	19.4	20.4	18.7	17.2	17.1	18.3	18.7	18.7	19.4	17.6

Balance Sheet

Abridged

Understanding Balance Sheet

MM Forgings Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	R 2012 Mar 31	C 2013 Mar 31	C 2014 Mar 31	2015 Mar 31	2016 Mar 31	R 2017 Mar 31	R 2018 Mar 31	R 2019 Mar 31	R 2020 Mar 31	R 2021 Mar 31	2022 Mar 31	2023 Mar 31	R 2024 Mar 31	2025 Mar 31	2026 Mar 31

Source:	AR	AR	AR	AR	AR	IR	AR	AR	AR	AR	AR	AR	AR	AR	PRESS
Total Current Assets	137	146	151	218	237	237	384	500	358	512	619	740	867	944	1,058
Property Plant & Equipment - Net	190	200	206	237	292	292	433	690	725	693	745	867	1,038	1,348	1,438
Total Non-Current Assets	202	217	227	255	301	301	454	718	776	738	795	920	1,102	1,405	1,467
Total Assets	340	363	378	473	538	538	838	1,218	1,134	1,250	1,414	1,660	1,969	2,349	2,524
Total Current Liabilities	117	138	135	139	145	145	290	357	311	435	472	619	743	786	900
Long Term Debt	60	42	35	83	98	98	168	396	335	297	351	332	387	604	596
Total Non-Current Liabilities	71	54	47	96	113	113	185	434	367	328	382	368	437	671	646
Total Liabilities	188	191	182	235	258	258	475	791	679	763	855	987	1,180	1,457	1,546
Total Shareholders' Equity	152	172	196	238	280	280	363	427	455	487	560	673	789	891	978
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Total Equity	152	172	196	238	280	280	363	427	455	487	560	673	789	892	978
Total Liabilities & Equity	340	363	378	473	538	538	838	1,218	1,134	1,250	1,414	1,660	1,969	2,349	2,524

Cash Flow

Abridged

Understanding Cash Flow Statement

MM Forgings Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	C 2012 Mar 31	2013 Mar 31	R 2014 Mar 31	2015 Mar 31	2016 Mar 31	2017 Mar 31	C 2018 Mar 31	C 2019 Mar 31	C 2020 Mar 31	R 2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M IR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M PRESS
Operating CF bef Changes in Working Cap	44.27	45.30	64.55	86.76	87.33	81.10	101.46	138.22	103.30	109.10	168.50	212.90	239.00	199.89	203.36
Working Capital - Increase/(Decrease)	-2.43	5.55	-35.34	12.10	32.52	27.31	-145.30	-127.59	157.43	-106.82	-35.99	-64.59	-135.62	-59.55	-40.10
Net CF from Operating Activities	41.83	50.86	29.21	98.86	119.85	108.40	-43.84	10.63	260.73	2.28	132.51	148.31	103.38	140.34	163.26
Capital Expenditures - Net	58.87	30.18	41.30	65.54	91.33	80.56	93.31	315.21	94.08	29.48	110.91	200.27	250.92	402.67	187.25
Net CF from Investing Activities	-58.87	-30.21	-41.30	-65.54	-91.36	-80.56	-97.44	-315.79	-94.08	-29.48	-138.91	-199.91	-251.47	-383.67	-193.25
Dividends Paid - Cash - Total	3.62	3.62	6.43	6.62	12.04	7.01	8.22	13.12	20.21	-	12.07	14.48	14.48	19.31	19.31
Stock - Issuance/(Retirement) - Net	-	-	-	-	-	-	-	-	-	8.40	-	-	-	24.14	-
Debt - LT & ST - Issuance/(Retirement) - Total	21.49	-16.56	20.58	37.43	15.90	-7.78	133.67	327.04	-142.22	33.11	59.36	58.67	156.19	246.63	56.80
Net Cash Flow from Financing Activities	17.27	-20.77	13.56	30.42	3.28	-14.79	125.26	312.94	-163.49	39.40	45.39	43.64	141.70	251.46	37.49
Free Cash Flow to Equity	4.45	4.11	8.49	70.75	44.42	20.06	-3.48	22.47	24.43	5.91	80.96	6.71	8.64	-15.70	32.81
Free Operating CF net dividend	-28.73	17.03	-33.22	26.67	16.33	20.82	-154.66	-317.73	143.68	-29.94	7.05	-67.33	-164.92	-281.71	-45.41
Free Operating CF	-25.11	20.66	-26.79	33.30	28.37	27.84	-146.44	-304.60	163.90	-29.94	19.12	-52.84	-150.43	-262.40	-26.09

Business Segment Analysis

FY End:

Mar 25

MM Forgings Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Capex

Manufacture of Steel Forgings (100.0%)₹ 402.74 Cr

Revenue / Sales

Manufacture of Steel Forgings (100.0%)₹ 1,525.18 Cr

Assets

Manufacture of Steel Forgings (100.0%)₹ 2,348.97 Cr

Operating Income

Manufacture of Steel Forgings (100.0%)₹ 202.82 Cr

Regional Segment Analysis

MM Forgings Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

We don't have enough data to show regional segment analysis for MM Forgings Ltd.

Historical Segment Analysis

Track how MM Forgings Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Capex

Sales

Assets

Operating Income

Business

Regional

Business

	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31

Manufacture of Steel Forgings	97	32	113	201	254	403

Frequently Asked Questions

What is the revenue of MM Forgings Ltd.?

The latest trailing twelve month revenue of MM Forgings Ltd. is ₹ 1,589.87 Cr, reflecting a 1-year growth of 4.24% and a 3-year CAGR of 2.84%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of MM Forgings Ltd.?

The latest trailing twelve month net profit (PAT) of MM Forgings Ltd. is ₹ 98.12 Cr, with a 3-year earnings CAGR of -8.29%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

What is the EBITDA of MM Forgings Ltd.?

The trailing twelve month EBITDA of MM Forgings Ltd. is approximately ₹ 176.86 Cr (based on an operating margin of 11.12%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

What is the EPS of MM Forgings Ltd.?

The trailing twelve month Earnings Per Share (EPS) of MM Forgings Ltd. is 20.44. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of MM Forgings Ltd.?

The debt-to-equity ratio of MM Forgings Ltd. stands at 1.10. The interest coverage ratio is 2.26x, reflecting the company's ability to service debt from operating earnings. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of MM Forgings Ltd.?

The estimated book value per share of MM Forgings Ltd. is 209.14 (derived from a P/B ratio of 2.40 and market price of ₹ 502.10), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of MM Forgings Ltd.?

The trailing twelve month operating cash flow of MM Forgings Ltd. is ₹ 163.26 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does MM Forgings Ltd. report consolidated or standalone financials?

MM Forgings Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.