M M Forgings Limited (NSE:MMFL)
India flag India · Delayed Price · Currency is INR
635.70
-16.70 (-2.56%)
Nov 11, 2026, 1:30 PM IST

M M Forgings Financials Overview

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
18,08415,89915,25215,63114,61911,396
Revenue Growth
21.26%4.24%-2.42%6.92%28.28%51.53%
Gross Profit
9,9108,4918,2568,1207,4576,054
Operating Income
2,1711,7692,0282,1001,9401,409
Net Income
1,971986.661,2321,3501,280909.95
Earnings Per Share
40.8420.4425.5227.9726.5018.84
EPS Growth
106.25%-19.91%-8.76%5.55%40.62%97.54%

Revenue by Geography

Fiscal Year
FY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '25 Mar '24 Mar '23 Mar '22
India
9,8599,0029,4819,0575,474
Exports
5,4275,6255,6314,8955,405
Unallocated
165.7142.5159.5141.69166.65
Total
15,45214,77015,27114,09311,046

Cash & Debt

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
2,5872,2552,1792,0982,1862,266
Total Debt
11,35112,35311,8529,3087,5596,845
Net Cash (Debt)
-8,764-10,098-9,673-7,210-5,373-4,580
Net Cash Growth
------
Net Cash Per Share
-181.59-209.20-200.33-149.34-111.28-94.85

Cash Flow & CapEx

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
1,9312,2761,8161,4871,6031,504
Capital Expenditures
-1,719-1,899-4,027-2,538-2,012-1,134
Free Cash Flow
211.72377.26-2,211-1,051-408.41370.42
Free Cash Flow Growth
------

Margins

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
54.80%53.41%54.13%51.95%51.01%53.13%
Operating Margin
12.00%11.12%13.30%13.44%13.27%12.37%
Pretax Margin
12.38%7.22%10.87%12.12%12.11%11.31%
Profit Margin
10.90%6.21%8.08%8.64%8.75%7.99%
FCF Margin
1.17%2.37%-14.50%-6.73%-2.79%3.25%

Dividends

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Dividend Per Share
4.0004.0004.0004.0003.0003.000
Dividend Per Share Growth
0%0%0%33.33%0%20.00%
Dividend Yield
0.63%1.08%1.18%0.92%0.72%0.71%

Valuation

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
15.5618.0613.3315.5815.7222.46
P/FCF Ratio
148.7947.24---55.18
PS Ratio
1.741.121.081.351.381.79