MARKET EOD
NIFTY 50:23,960.60▲ +149.75 (+0.63%)
SENSEX:77,301.40▲ +886.41 (+1.16%)
BANK NIFTY:55,913.60▲ +373.55 (+0.67%)
NIFTY IT:32,061.90▼ -489.70 (-1.50%)
MCX GOLD:₹139,452.00▼ -734.00 (-0.52%)
MCX SILVER:₹179,698.00▼ -4,081.00 (-2.22%)
MCX CRUDEOIL:₹9,104.00▲ +32.00 (+0.35%)
USD/INR:₹94.8343▼ -0.9382 (-0.98%)
YT X
Advertisement • SRK Money Talk
Home › Company Intelligence › MM Forgings Limited (MMFL)
NSE: MMFL MID_CAP Diversified REPORTED STATUTORY SOURCE • Data as of FY24 FRESH

MM Forgings Limited

Units: ₹ Crores • Basis: Statutory Filing (Consolidated/Primary) • Reporting Period: FY24 • Source: SEBI_LODR_REG33_REPORTED_CYCLE_CR • Last Checked: 14 Oct 2026
FY24 Revenue ₹1,160 Cr
FY24 Net Profit ₹113 Cr
Reported EPS ₹46.92
Operating Margin 11.79%
Return on Equity 14.4%
ROCE 8.6%
Debt / Equity 1.02x
Net Profit Margin 9.76%
WHAT IS HAPPENING NOW • MATERIAL DEVELOPMENTS

Latest Earnings Released (Q1 FY27): Reported quarterly statutory revenue of ₹427.01 Cr with net profit of ₹91.66 Cr (EPS: ₹18.98).

Exchange Disclosure (2026-10-06): Certificate under SEBI (Depositories and Participants) Regulations, 2018 — MM Forgings Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 — MM Forgings Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

BUSINESS OVERVIEW & CORPORATE PROFILE

Official listing profile for MM Forgings Limited under Diversified.

Official listing profile for MM Forgings Limited under Diversified.

Key Offerings & Operating Lines:

Commercial & Industrial

Headquarters India
Incorporated N/A
Workforce N/A
Statutory Auditor N/A
Credit Rating N/A
SRK FUNDAMENTAL HEALTH SCORE Under Review / Insufficient Data

Score Under Review

Fundamental Health Score calculation requires a minimum of two consecutive audited annual financial filings. This corporation profile is currently awaiting complete verified financial history before generating an algorithmic score.

Advertisement • SRK Money Talk
FINANCIAL PERFORMANCE • STATEMENT OF PROFIT & LOSS (IND-AS) Ind-AS • REPORTED EXCHANGE DATA
Multi-Year Revenue & Net Profit Trajectory (₹ Crores • Ind-AS)
₹1k₹1k₹1k₹0k₹0kRevenue: ₹1,160 CrNet Profit: ₹113 CrFY24RevenueNet Profit
Annual Financial Statements (₹ Crores • Ind-AS Normalized) Latest Period End: 31 Mar 2024 • Source: SEBI_LODR_REG33_REPORTED_CYCLE_CR
Annual Metric (₹ Cr)FY24
Mar 2024
Sales / Revenue from Operations₹1,160
Operating Profit (EBITDA)₹137
Operating Profit Margin (OPM %)11.79%
Finance Costs / InterestN/A
Depreciation & AmortizationN/A
Profit Before Tax (PBT)₹157
Net Profit (PAT)₹113
Net Profit Margin (NPM %)9.76%
Basic / Diluted EPS (₹)₹46.92
Cash from Operations (CFO)₹131
Free Cash Flow (FCF)₹131
Recent Quarterly Performance (₹ Crores • SEBI LODR Reg 33)Latest Quarter End: 30 Jun 2026 • Source: NSE_OFFICIAL_API
Quarterly Metric (₹ Cr)Q4 FY24
Mar 2024
Q1 FY25
Jun 2024
Q3 FY25
Dec 2024
Q1 FY26
Jun 2025
Q2 FY26
Sep 2025
Q3 FY26
Dec 2025
Q4 FY26
Mar 2026
Q1 FY27
Jun 2026
Sales / Revenue₹389₹369₹364₹358₹384₹411₹417₹427
Operating Profit (EBITDA)₹44₹38₹38₹31₹26₹34₹39₹93
OPM %11.44%10.19%10.37%8.62%6.82%8.34%9.28%21.68%
Profit Before Tax (PBT)₹52₹44₹44₹31₹26₹34₹39₹93
Net Profit (PAT)₹39₹32₹32₹22₹18₹26₹48₹92
NPM %9.94%8.80%8.71%6.24%4.61%6.27%11.53%21.47%
Basic / Diluted EPS (₹)₹16.00₹13.43₹6.57₹4.63₹3.67₹5.33₹9.95₹18.98
BALANCE SHEET & CASH FLOW INTELLIGENCE (₹ CRORES • AUDITED) Exchange Reported
Annual Balance Sheet Strength (₹ Crores • Schedule III Ind-AS)
Balance Sheet Item (₹ Cr)FY24
Equity Share Capital₹24
Reserves & Surplus₹765
Net Worth (Shareholders' Funds)₹789
Total Borrowings & Debt₹804
Total Balance Sheet Assets₹1,961
Cash Flow Statement (₹ Crores • Indirect Method)
Cash Flow Item (₹ Cr)FY24
Cash Flow from Operating Activities (CFO)₹131
Cash Flow from Investing Activities (CFI)₹-232
Cash Flow from Financing Activities (CFF)₹95
Free Cash Flow / Net Cash Flow₹131
PROFITABILITY, RETURN & SOLVENCY RATIOS Derived from Verified Filings
Financial Ratio / Efficiency MetricFY24
Operating Profit Margin (OPM)11.79%
Net Profit Margin (NPM)9.76%
Return on Equity (ROE)14.35%
Return on Capital Employed (ROCE)8.59%
Return on Assets (ROA)5.78%
Debt to Equity Ratio1.02x
Interest Coverage RatioN/A
CFO to Net Profit Conversion1.16x
SHAREHOLDING INTELLIGENCE • INSTITUTIONAL FLOWS SEBI LODR Reg 31
HOLDING PATTERN
Promoter: 56.34%
FII: N/A
DII: N/A
Public: 43.66%
Pledged: 0.00%
Quarterly Shareholding Trend & Institutional Inflows
CategorySep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025QoQ Shift
Promoter Holding56.34%56.34%56.34%56.34%56.34%56.34%0.00%
Foreign Institutional (FII)N/A2.44%N/AN/AN/AN/A—
Domestic Institutional (DII / MFs)N/A7.49%N/AN/AN/AN/A—
Public & Retail43.66%33.73%43.66%43.66%43.66%43.66%+9.93%
Promoter Pledged Shares0.00%0.00%0.00%0.00%0.00%0.00%—
KEY MANAGEMENT & BOARD GOVERNANCE
EXECUTIVE Appointed: Apr 1997
Mr KRISHNAN VIDYA SHANKAR
Chairperson & Executive Director

DIN: 00081441 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

EXECUTIVE Appointed: Apr 1997
Mr K Venkatramanan
Not Applicable & Executive Director

DIN: 00823317 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

EXECUTIVE Appointed: Apr 2024
Mr RAMNATH NAGARAJAN
Not Applicable & Executive Director

DIN: 00081516 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

EXECUTIVE Appointed: Apr 2024
Mr KRISHNAKUMAR RAMAN
Not Applicable & Executive Director

DIN: 00070743 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Apr 2015
Mrs Kavitha Vijay
Not Applicable & Non-Executive - Independent Director

DIN: 01047261 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Aug 2021
Mrs Sumita Vidyashankar
Not Applicable & Non-Executive - Non Independent Director

DIN: 00059062 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Aug 2023
Mr SHANKAR SUBRAMANIAN ATHREYA
Not Applicable & Non-Executive - Independent Director

DIN: 10153304 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Mar 2024
Mr SRINIVASAN KRISHNAKUMAR
Not Applicable & Non-Executive - Independent Director

DIN: 09203779 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Mar 2024
Mr SUBRAMANIAN R
Not Applicable & Non-Executive - Independent Director

DIN: 10480862 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Apr 2024
Mr Hari Sankaran
Not Applicable & Non-Executive - Independent Director

DIN: 01734801 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

CORPORATE ACTIONS & DIVIDEND TRACK RECORD
Latest Dividend Paid ₹2.00
LTM Total Dividend ₹48.35
Dividends Recorded 10 payouts
Corporate Action Disclosures (Dividends, Bonus & Splits)
TypeEx-DateRecord DateAmount / RatioDescription
DIVIDEND2026-09-152026-09-15₹2.00Final Dividend - Rs. - 2.0000
DIVIDEND2026-09-152026-09-15₹7.00Final Dividend - Rs. - 7.0000
DIVIDEND2026-09-152026-09-15₹0.50Final Dividend - Rs. - 0.5000
DIVIDEND2026-09-152026-09-15₹5.00Final Dividend - Rs. - 5.0000
DIVIDEND2026-09-152026-09-15₹0.55Final Dividend - Rs. - 0.5500
DIVIDEND2026-09-152026-09-15₹25.00Final Dividend - Rs. - 25.0000
DIVIDEND2026-09-152026-09-15₹3.00Final Dividend - Rs. - 3.0000
CORPORATE_ACTION2026-09-152026-09-15N/ARight Issue of Equity Shares
DIVIDEND2026-09-152026-09-15₹1.00Final Dividend - Rs. - 1.0000
DIVIDEND2026-09-152026-09-15₹0.30Final Dividend - Rs. - 0.3000
DIVIDEND2026-06-12N/A₹4.00Interim Dividend - Rs 4 Per Share
DIVIDEND2025-07-30N/A₹4.00Dividend - Rs 4 Per Share
BONUS2024-07-16N/AN/ABonus 1:1
DIVIDEND2024-06-14N/A₹8.00Interim Dividend - Rs 8 Per Share
DIVIDEND2023-05-29N/A₹6.00Interim Dividend - Rs 6 Per Share
REGULATORY FILINGS & EXCHANGE DISCLOSURES
CERTIFICATE UNDER SEBI (DEPOSITORIES AND PARTICIPANTS) REGUL 06 Oct 2026, 05:01 PM • NSE_OFFICIAL_API
Certificate under SEBI (Depositories and Participants) Regulations, 2018 — MM Forgings Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

MM Forgings Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

Certificate under SEBI (Depositories and Participants) Regulatio 06 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
Certificate under SEBI (Depositories and Participants) Regulations, 2018

ANALYSTS/INSTITUTIONAL INVESTOR MEET/CON. CALL UPDATES 10 Sep 2026, 01:05 PM • NSE_OFFICIAL_API
Analysts/Institutional Investor Meet/Con. Call Updates — MM Forgings Limited has informed the Exchange about Schedule of meet

MM Forgings Limited has informed the Exchange about Schedule of meet

Company Update 10 Sep 2026, 12:56 PM • BSE_OFFICIAL_API
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Analysts/Institutional Investor Meet/Con. Call Updates 10 Sep 2026, 12:00 AM • NSE_OFFICIAL_API
Analysts/Institutional Investor Meet/Con. Call Updates

ANALYSTS/INSTITUTIONAL INVESTOR MEET/CON. CALL UPDATES 21 Aug 2026, 05:49 PM • NSE_OFFICIAL_API
Analysts/Institutional Investor Meet/Con. Call Updates — MM Forgings Limited has informed the Exchange about Transcript

MM Forgings Limited has informed the Exchange about Transcript

Company Update 21 Aug 2026, 05:46 PM • BSE_OFFICIAL_API
Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Analysts/Institutional Investor Meet/Con. Call Updates 21 Aug 2026, 12:00 AM • NSE_OFFICIAL_API
Analysts/Institutional Investor Meet/Con. Call Updates

UNIFIED CORPORATE CHRONOLOGICAL TIMELINE
2026-10-06 Certificate under SEBI (Depositories and Participants) Regulatio • NSE_OFFICIAL_API
Certificate under SEBI (Depositories and Participants) Regulations, 2018

2026-10-06 CERTIFICATE UNDER SEBI (DEPOSITORIES AND PARTICIPANTS) REGUL • NSE_OFFICIAL_API
Certificate under SEBI (Depositories and Participants) Regulations, 2018 — MM Forgings Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

MM Forgings Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

2026-09-30 SHAREHOLDING_FILING • NSE_OFFICIAL_API
Shareholding Pattern Filed: Q2 FY27

Quarterly distribution: Promoter 56.34% | FII N/A | DII N/A | Public 43.66%.

2026-09-15 CORPORATE_ACTION • SRK Intelligence
MM Forgings Limited: Final Dividend - Rs. - 2.0000

Final Dividend - Rs. - 2.0000

2026-09-15 CORPORATE_ACTION • SRK Intelligence
MM Forgings Limited: Final Dividend - Rs. - 7.0000

Final Dividend - Rs. - 7.0000

2026-09-15 CORPORATE_ACTION • SRK Intelligence
MM Forgings Limited: Final Dividend - Rs. - 0.5000

Final Dividend - Rs. - 0.5000

2026-09-15 CORPORATE_ACTION • SRK Intelligence
MM Forgings Limited: Final Dividend - Rs. - 5.0000

Final Dividend - Rs. - 5.0000

2026-09-15 CORPORATE_ACTION • SRK Intelligence
MM Forgings Limited: Final Dividend - Rs. - 0.5500

Final Dividend - Rs. - 0.5500

2026-09-15 CORPORATE_ACTION • SRK Intelligence
MM Forgings Limited: Final Dividend - Rs. - 25.0000

Final Dividend - Rs. - 25.0000

2026-09-15 CORPORATE_ACTION • SRK Intelligence
MM Forgings Limited: Final Dividend - Rs. - 3.0000

Final Dividend - Rs. - 3.0000

2026-09-15 CORPORATE_ACTION • SRK Intelligence
MM Forgings Limited: Right Issue of Equity Shares

Right Issue of Equity Shares

2026-09-15 CORPORATE_ACTION • SRK Intelligence
MM Forgings Limited: Final Dividend - Rs. - 1.0000

Final Dividend - Rs. - 1.0000

STATUTORY SOURCE PROVENANCE & VERIFICATION AUDIT TRAIL
BSE Official Filings (522241) ↗ NSE Official Quote (MMFL) ↗

Every financial metric, balance-sheet balance, and shareholding breakdown displayed on this dossier is grounded in primary statutory filings submitted to Indian stock exchanges (SEBI LODR Regulations 31, 33, and 47). No data is manufactured, estimated, or interpolated.

Data Domain Reporting Period Statutory Source Ingestion Date Status Provenance Hash
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 04 Nov 2026, 04:45 VERIFIED 50208c9aa324...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 01 Nov 2026, 07:28 VERIFIED 50208c9aa324...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 28 Oct 2026, 21:45 VERIFIED b3164e57c9f9...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 26 Oct 2026, 11:39 VERIFIED b3164e57c9f9...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 22 Oct 2026, 23:47 VERIFIED b3164e57c9f9...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 18 Oct 2026, 10:45 VERIFIED b3164e57c9f9...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 14 Oct 2026, 01:47 VERIFIED fc7e5d6fca6c...

DATA SOURCES, STATUTORY DISCLOSURES & METHODOLOGY

All corporate identifiers, listed equity data, shareholding patterns, and financial statements are extracted from official regulatory authorities: National Stock Exchange of India (NSE), BSE Limited, and Ministry of Corporate Affairs (MCA) via audited XBRL Ind-AS submissions under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulations 31, 33, and 47). Data is ingested and archived on official end-of-day (EOD) schedules with immutable provenance tracking.

Zero-Fabrication Policy: SRK Money Talk strictly enforces authentic data integrity. No financial values, debt levels, cash flows, or quarterly earnings are ever mathematically synthesized, interpolated, or fabricated. When statutory disclosures have not yet been filed or ingested, fields are strictly labeled as N/A or NOT_YET_AVAILABLE.

Statutory Disclaimer: The SRK Fundamental Health Score is a quantitative diagnostic algorithm based exclusively on historical audited filings and does not constitute an investment recommendation or financial advisory. Always consult a SEBI-registered investment adviser before making capital allocation decisions.