Financials of M M Forgings Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of M M Forgings Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +388370397399398382398374371362385414430
Expenses +319305322323320309321301298298318344349
Operating Profit70657575787377737363676981
OPM %18%18%19%19%20%19%19%20%20%18%17%17%19%
Other Income +5556667468431
Interest710911131516151418212018
Depreciation21212121202223232625242628
Profit before tax47405049504245394028252635
Tax %34%28%29%31%27%29%29%31%17%31%34%33%-26%
Net Profit +31293534373032273319171845
EPS in Rs6.376.007.346.947.626.236.615.506.893.973.433.649.27

Financials of M M Forgings Ltd

Profit & Loss

Annual income statement trend

Mar 2008Mar 2009Mar 2010Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +1912071586399347697521,1401,4621,5631,5251,590
Expenses +1541751365097596376239311,1891,2701,2291,310
Operating Profit373223130175132129209273293296280
OPM %19%15%14%20%19%17%17%18%19%19%19%18%
Other Income +6874819201612222316
Interest496133238322830426078
Depreciation1816124658606568798393103
Profit before tax20141274935352129177189166115
Tax %29%28%12%18%29%21%11%29%28%29%26%14%
Net Profit +141010616642469112813512299
EPS in Rs2.982.112.1612.5713.568.689.5418.8426.4927.9625.2420.44
Dividend Payout %21%18%17%20%18%29%26%16%11%14%16%0%

Financials of M M Forgings Ltd

Balance Sheet

Capital structure and asset base

Mar 2008Mar 2009Mar 2010Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital61212122424242424244848
Reserves818392351403431463535649765843929
Borrowings +1041111143856885665326857569311,1851,074
Other Liabilities +29182490103113230170232249272473
Total Liabilities2202242428381,2181,1341,2501,4141,6611,9692,3492,524
Fixed Assets +1011131304066517126757088049149641,101
CWIP222522273913173663124383337
Investments0003333222223410
Other Assets +9786904025244065536477729089971,077
Total Assets2202242428381,2181,1341,2501,4141,6611,9692,3492,524

Financials of M M Forgings Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2008Mar 2009Mar 2010Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +6232742728320150160149182
Cash from Investing Activity +-38-41-15-86-301-78-11-126-187-232-358
Cash from Financing Activity +3218-7112281-2023141677185
Net Cash Flow0-0530831239-10-68
Free Cash Flow-41-92-89-288189-940-40-102-221
CFO/OP30%86%125%18%30%221%20%85%74%62%81%

Financials of M M Forgings Ltd

Ratios

Working capital efficiency and return ratios

Mar 2008Mar 2009Mar 2010Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days3529673635105650496484105
Inventory Days190149151178168140190147163176188171
Days Payable62196692508210879898295116
Cash Conversion Cycle16316015212115368139118123158178160
Working Capital Days142133155-40-11-6160-25-25-20-14-16
ROCE %15%12%9%14%9%8%14%15%15%12%9%