MM Forgings Limited

BSE: 522241 NSE: MMFL
MM Forgings Limited - automotive in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN L51102TN1946PLC001473 Incorporated 21 February 1946 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Listed - NSE: MMFL · BSE: 522241 Public Limited Company automotive
Market Cap
₹3,084 Cr
MMFL · NSE
Share Price
₹668.00
+4.60% today
Revenue
₹1,590 Cr
FY 2025-26 · +4.2% YoY
EBITDA
₹280 Cr
Margin 17.6%
Net Profit
₹97.99 Cr
FY 2025-26 · -20.4% YoY
P/E (TTM)
23.3x
P/B 2.8x
ROE
10.0%
ROCE 8.7%
Debt / Equity
1.30
Interest cover 44.2x

About MM Forgings Limited

Data last updated:

MM Forgings Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 21 February 1946 and has been in existence for over 80 years.

Its director Vidyashankar Krishnan and family are #1,233 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L51102TN1946PLC001473. Its GSTIN is 33AAACM2164L1ZL (Tamil Nadu). The company holds 3 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 522241 and NSE: MMFL.

The company has an authorised share capital of ₹63.5 Cr and a paid-up capital of ₹48.28 Cr. It was formerly known as The Madras Motors Limited. It is led by directors including Vidya Shankar Krishnan (Managing Director) and Krishnan Venkatramanan (Whole-Time Director).

Its last annual general meeting (AGM) was held on 06 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Chennai, Tamil Nadu.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,589.87 Cr, a growth of 4.2% compared to the previous year. For the same year it recorded a net profit of ₹97.99 Cr (net margin 6.2%) and EBITDA of ₹279.97 Cr (EBITDA margin 17.6%). The net worth stands at ₹975.22 Cr (up 9.2% YoY). Total assets are valued at ₹2,223.17 Cr (up 5.9% YoY).

The company has about 2,420 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.

The company is associated with 1 brand: M M Forgings. As per MCA filings, the company has open charges of ₹1,739.59 Cr and satisfied charges of ₹604.75 Cr on record. Court records list 86 cases involving the company, including 37 filed by the company and 49 filed against it; 7 cases are pending. The company has 23 deals on record (23 market trades); the latest was in May 2024.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mmforgings.com.

Company details

CIN L51102TN1946PLC001473
Registration Number 001473
Incorporation Date 21 February 1946
ROC Chennai
Listing Status Listed - Listed on NSE (MMFL); Listed on BSE (522241)
Company Status Active
Compliance Status Active Compliant

CIN history

MM Forgings has one previous CIN (Corporate Identification Number): U51102TN1946PLC001473. The current CIN is L51102TN1946PLC001473, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L51102TN1946PLC001473Current
U51102TN1946PLC001473Previous
Key People
Vidya Shankar Krishnan Managing Director Krishnan Venkatramanan Whole-Time Director Ramnath Nagarajan Whole-Time Director

Recognitions & Rankings of MM Forgings

Contact details

MM Forgings Limited's registered office is in Chennai, Tamil Nadu. Its website is mmforgings.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mmforgings.com
  • Social Media
  • Registered Address
    Svktowera24/25 Thiruvikaindustrialestate, Guindy, Chennai, Tamil Nadu, India – 600032
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of MM Forgings Limited, buy the company report.

Comprehensive company report
MM Forgings Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

MM Forgings operates one associated brand: M M Forgings. Each brand links to its own profile.

BrandDescriptionWebsite
M M Forgings
Manufacturer of closed-die forgings for automotive and industrial applicationsmmforgings.com

Business activity

The main business activities of MM Forgings are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers manufacture of fabricated metal products, except machinery and equipment and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing25Manufacture of fabricated metal products, except machinery and equipment
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of MM Forgings Limited, buy the company report.

Financials of MM Forgings Limited

FY 2025-26 filings available

MM Forgings Limited reported revenue of ₹1,589.87 Cr (up 4.2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,590 Cr
+4.2% YoY
EBITDA
₹280 Cr
-5.4% YoY
Profit After Tax
₹97.99 Cr
-20.4% YoY
Net Worth
₹975 Cr
+9.2% YoY
Total Assets
₹2,223 Cr
+5.9% YoY
Total Debt
₹1,235 Cr
+4.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,5901,5251,5631,4621,140752769
Revenue growth+4.2%-2.4%+6.9%+28.3%+51.5%-2.2%-
EBITDA280296293273209129132
EBITDA margin+17.6%+19.4%+18.7%+18.7%+18.3%+17.1%+17.2%
Profit before tax11516618917712951.6553.10
Net profit97.9912313412890.0044.3941.77
Net profit margin+6.2%+8.1%+8.6%+8.7%+7.9%+5.9%+5.4%
EPS (₹)20.4425.5255.9453.0037.6919.0817.37
Balance sheet
Total assets2,2232,1001,7321,4341,2511,0231,024
Net worth975893789673560487455
Total debt1,2351,185931756685532566
Cash & bank225218210219227188176
Net working capital784740668544484312278
Cash flow
Cash from operations22818214916015020.35283
Cash from investing(182)(358)(232)(187)(126)(11.43)(77.86)
Cash from financing(38.11)18577.0716.4914.123.29(202)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue548420430414384362371374
Revenue growth (YoY)+42.9%+16.3%+15.9%+10.6%-3.6%-5.4%--
Other income2.0870.560.673.235.427.756.493.55
EBITDA10474.9480.7669.3466.8963.3272.8773.13
EBITDA margin+19.4%+18.3%+18.8%+16.8%+17.8%+17.9%+19.7%+19.6%
Depreciation27.2029.8827.7126.1524.1125.0825.5622.65
Interest18.7816.2718.3120.3521.2318.3013.6515.49
Profit before tax60.5699.3535.4126.0726.9727.6940.1538.54
Tax18.8110.09(9.35)8.508.508.506.8612.00
Net profit41.7589.2644.7617.5718.4719.1933.2926.54
EPS (₹)8.6518.739.273.643.433.976.905.50
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,5451,4771,5271,4091,105726727
Revenue growth+4.6%-3.3%+8.4%+27.6%+52.2%-0.2%-
EBITDA275294288256202121125
EBITDA margin+17.8%+19.9%+18.9%+18.1%+18.3%+16.7%+17.2%
Profit before tax13018019917513354.9457.42
Net profit11313614512691.7646.6246.23
Net profit margin+7.3%+9.2%+9.5%+8.9%+8.3%+6.4%+6.4%
EPS (₹)23.5828.2360.2652.0238.0119.3119.15
Balance sheet
Total assets2,2792,1391,7541,4451,2641,0361,037
Net worth1,031934816689578500468
Total debt1,2351,184925752680532566
Cash & bank223217209205225187174
Net working capital757735666546475310268
Cash flow
Cash from operations24018914511414710.23273
Cash from investing(157)(330)(201)(156)(126)(12.08)(71.43)
Cash from financing(77.15)14963.0722.9816.7114.50(199)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue547420413405384349355364
Revenue growth (YoY)+42.4%+20.3%+16.5%+11.3%-1.4%-5.4%--
Other income4.2871.533.575.465.429.108.295.94
Total expenses440345335334317286282291
EBITDA10674.8078.1671.6466.8962.5572.4073.32
EBITDA margin+19.9%+18.3%+18.9%+17.7%+17.8%+18.3%+20.5%+20.2%
Depreciation27.2029.7624.7022.5024.1122.5022.6520.06
Interest18.7816.2718.3120.3521.2318.3015.1615.49
Profit before tax64.7010038.7234.2526.9730.8542.8843.71
Tax18.818.75(9.39)8.508.508.506.6712.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 13 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue548420430414384362371374
Revenue growth (YoY)+42.9%+16.3%+15.9%+10.6%-3.6%-5.4%--
Other income2.0870.560.673.235.427.756.493.55
EBITDA10474.9480.7669.3466.8963.3272.8773.13
EBITDA margin+19.4%+18.3%+18.8%+16.8%+17.8%+17.9%+19.7%+19.6%
Depreciation27.2029.8827.7126.1524.1125.0825.5622.65
Interest18.7816.2718.3120.3521.2318.3013.6515.49
Profit before tax60.5699.3535.4126.0726.9727.6940.1538.54
Tax18.8110.09(9.35)8.508.508.506.8612.00
Net profit41.7589.2644.7617.5718.4719.1933.2926.54
EPS (₹)8.6518.739.273.643.433.976.905.50
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,5901,5251,5631,4621,140752769
Revenue growth+4.2%-2.4%+6.9%+28.3%+51.5%-2.2%-
Other income16.1622.7021.7912.4915.7119.6918.78
Total expenses1,3101,2291,2701,189931623637
Employee cost16214213012311080.1482.83
EBITDA280296293273209129132
EBITDA margin+17.6%+19.4%+18.7%+18.7%+18.3%+17.1%+17.2%
Depreciation10393.2682.8178.8167.7764.5859.56
Interest78.2059.7942.3229.5727.7332.1338.30
Profit before tax11516618917712951.6553.10
Tax16.1542.5254.4649.0137.865.5711.19
Net profit97.9912313412890.0044.3941.77
Net profit margin+6.2%+8.1%+8.6%+8.7%+7.9%+5.9%+5.4%
EPS (₹)20.4425.5255.9453.0037.6919.0817.37
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital48.2848.2824.1424.1424.1424.1424.14
Reserves & surplus927845765649535463431
Shareholders' funds (net worth)975893789673560487455
Minority interest0.360.360.360.360.000.000.00
Secured loans1,1241,119886705659510563
Unsecured loans11266.7144.6251.3025.7222.193.07
Total debt1,2351,185931756685532566
Total liabilities2,2232,1001,7321,4341,2511,0231,024
Assets
Gross block2,1551,9161,7721,5811,4071,3161,253
Net block1,101964914804708675712
Capital work in progress33538312462.5736.3817.4712.71
Investments9.843.8422.8422.2922.293.293.29
Inventories334342345306204179136
Sundry debtors41935327619715711620.75
Cash & bank balances225218210219227188176
Loans & advances41.6932.3736.2319.3031.5929.2825.59
Total current assets1,020945867740619512358
Total current liabilities23520519919613520080.27
Net working capital784740668544484312278
Total assets2,2232,1001,7321,4341,2511,0231,024
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash218210216226187175172
Net cash from operating activities22818214916015020.35283
Net cash from investing activities(182)(358)(232)(187)(126)(11.43)(77.86)
Net cash from financing activities(38.11)18577.0716.4914.123.29(202)
Net change in cash7.508.13(6.39)(10.37)38.9912.203.16
Closing cash225218210219227188176
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+4.2%-2.4%+6.9%+28.3%+51.5%-2.2%-
EBITDA growth-5.4%+1.1%+7.3%+30.8%+62.2%-2.7%-
PBT growth-30.7%-12.5%+7.1%+37.3%+149.5%-2.7%-42.7%
Net income growth-20.4%-8.2%+5.1%+41.8%+102.8%+6.3%-
Revenue CAGR (3Y)+2.8%+10.2%+27.6%+23.9%+6.9%+5.6%-
EBITDA CAGR (3Y)+0.9%+12.4%+31.5%+27.3%+7.8%+1.9%-
Profitability & leverage
Net income margin+6.2%+8.1%+8.6%+8.8%+8.0%+6.1%+5.5%
Return on capital employed+8.7%+11.6%+14.4%+15.1%+13.5%+8.1%+8.4%
Return on net worth+10.0%+14.0%+17.9%+20.0%+16.7%+9.4%+9.2%
Debt / equity1.301.261.151.171.161.171.42
Long-term debt / equity0.640.590.490.550.620.670.83
Interest cover44.2229.4820.1515.2419.6850.1352.74
Efficiency & per share
Fixed asset turnover0.780.830.930.980.840.590.65
Inventory turnover4.714.444.805.745.964.784.65
Debtors turnover4.124.856.618.278.3711.0413.85
EPS (₹)20.4425.5255.9453.0037.6919.0817.37
Dividend per share (₹)4.004.008.006.006.005.005.00
Book value per share (₹)201.99185.05326.72278.78231.79201.80188.48
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue547420413405384349355364
Revenue growth (YoY)+42.4%+20.3%+16.5%+11.3%-1.4%-5.4%--
Other income4.2871.533.575.465.429.108.295.94
Total expenses440345335334317286282291
EBITDA10674.8078.1671.6466.8962.5572.4073.32
EBITDA margin+19.9%+18.3%+18.9%+17.7%+17.8%+18.3%+20.5%+20.2%
Depreciation27.2029.7624.7022.5024.1122.5022.6520.06
Interest18.7816.2718.3120.3521.2318.3015.1615.49
Profit before tax64.7010038.7234.2526.9730.8542.8843.71
Tax18.818.75(9.39)8.508.508.506.6712.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,5451,4771,5271,4091,105726727
Revenue growth+4.6%-3.3%+8.4%+27.6%+52.2%-0.2%-
Other income24.8929.6026.0916.1318.5721.5918.51
Total expenses1,2701,1831,2391,154903604602
Employee cost14612711610998.6670.4376.40
EBITDA275294288256202121125
EBITDA margin+17.8%+19.9%+18.9%+18.1%+18.3%+16.7%+17.2%
Depreciation92.2082.4572.4967.6060.1156.7353.23
Interest78.2061.2942.5629.2227.3131.2233.05
Profit before tax13018019917513354.9457.42
Tax16.1143.6853.9649.2641.138.3211.19
Net profit11313614512691.7646.6246.23
Net profit margin+7.3%+9.2%+9.5%+8.9%+8.3%+6.4%+6.4%
EPS (₹)23.5828.2360.2652.0238.0119.3119.15
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital48.2848.2824.1424.1424.1424.1424.14
Reserves & surplus983886792665554476444
Shareholders' funds (net worth)1,031934816689578500468
Secured loans1,1231,118885752654510563
Unsecured loans11266.7139.830.0025.7222.193.07
Total debt1,2351,184925752680532566
Total liabilities2,2792,1391,7541,4451,2641,0361,037
Assets
Gross block1,9611,7261,6001,3931,2641,1711,150
Net block1,004861818712650618653
Capital work in progress29936111259.3436.3517.478.71
Investments28.2722.2741.2749.7232.884.884.88
Inventories314322322288193169131
Sundry debtors42538331622816612212.46
Cash & bank balances223217209205225187174
Loans & advances22.2510.5520.4011.8230.9128.5923.67
Total current assets985933868733615506341
Total current liabilities22819720218714019672.73
Net working capital757735666546475310268
Total assets2,2792,1391,7541,4451,2641,0361,037
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash217209203224186173171
Net cash from operating activities24018914511414710.23273
Net cash from investing activities(157)(330)(201)(156)(126)(12.08)(71.43)
Net cash from financing activities(77.15)14963.0722.9816.7114.50(199)
Net change in cash6.048.056.34(19.27)37.9812.652.25
Closing cash223217209205225187174
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+4.6%-3.3%+8.4%+27.6%+52.2%-0.2%-
EBITDA growth-6.3%+2.0%+12.9%+26.7%+66.3%-3.1%-
PBT growth-27.8%-9.8%+14.1%+31.6%+141.9%-4.3%-47.1%
Net income growth-16.9%-6.0%+15.4%+36.9%+96.8%+0.8%-
Revenue CAGR (3Y)+3.1%+10.2%+28.2%+24.7%+6.9%+5.4%+15.0%
EBITDA CAGR (3Y)+2.5%+13.4%+33.5%+26.9%+5.2%-0.9%+10.5%
Profitability & leverage
Net income margin+7.4%+9.2%+9.5%+8.9%+8.3%+6.4%+6.4%
Return on capital employed+9.4%+12.4%+15.1%+15.1%+13.9%+8.3%+8.3%
Return on net worth+11.6%+15.6%+19.3%+19.8%+17.0%+9.6%+10.2%
Debt / equity1.231.211.121.131.121.131.39
Long-term debt / equity0.610.570.480.530.600.650.81
Interest cover42.6728.9619.7115.5519.2848.3545.93
Efficiency & per share
Fixed asset turnover0.840.891.011.060.910.630.67
Inventory turnover4.864.584.995.866.114.854.57
Debtors turnover3.824.225.607.147.6710.8215.86
EPS (₹)23.5828.2360.2652.0238.0119.3119.15
Dividend per share (₹)4.004.008.006.006.005.005.00
Book value per share (₹)213.56193.47338.15285.30239.28207.27193.99

To see the full year-wise statements and ratios of MM Forgings Limited, buy the company report.

Board of directors of MM Forgings Limited

MM Forgings has 10 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Krishnan Venkatramanan
Also directs: Synmax Consultants & Trading Private Limited, Sivasundar Private Limited, Baylife Medicare Private Limited
Whole-Time Director01 Sep 200818 Years 2 MonthsCurrent
Vidya Shankar Krishnan
Also directs: Suvarchas Vidyut Private Limited, Svarchish Techvest Private Limited, Abhinava Rizel Private Limited and 5 more
Managing Director01 Sep 200818 Years 2 MonthsCurrent
Sumita Vidyashankar
Also directs: Suvarchas Vidyut Private Limited, Svarchish Techvest Private Limited, Abhinava Rizel Private Limited and 2 more
Director13 Aug 20215 Years 3 MonthsCurrent
Rama Sivaraman
Also directs: Maveric Systems Limited
Director31 Mar 20251 Years 7 MonthsCurrent
Ramnath Nagarajan
Also directs: Suvarchas Vidyut Private Limited, Abhinava Rizel Private Limited, D V S Industries Private Limited
Whole-Time Director01 Apr 20242 Years 7 MonthsCurrent
Raman Krishnakumar
Also directs: Abhinava Rizel Private Limited, Alfa Rubber & Springs Private Limited, D V S Industries Private Limited
Whole-Time Director01 Apr 20242 Years 7 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Auditor

MM Forgings Limited is audited by G RAMESH KUMAR & CO for the financial year 2025.

Auditor firmFinancial yearFirm registration number
G RAMESH KUMAR & COFY 2025003010S

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 56.30%, foreign institutional investors hold 2.40%, domestic institutional investors hold 7.50% and retail and other public shareholders hold 33.80%.

Promoters: 56.30%DII (Domestic Institutional): 7.50%FII (Foreign Institutional): 2.40%Retail & Others: 33.80%
Sep 2026
QUARTER
56.30% Promoters
7.50% DII (Domestic Institutional)
2.40% FII (Foreign Institutional)
33.80% Retail & Others
Promoter holding - history
Now 56.30% · Sep 2026High 56.30% · Dec 2025Low 56.30% · Dec 2025
55%55.8%56.5%57.3%58%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 56.30%Mar 2026: 56.30%Jun 2026: 56.30%Sep 2026: 56.30%56.30%56.30%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters56.30%56.30%56.30%56.30%
Public43.70%43.70%43.70%43.70%

Charges & borrowings

Open charges
₹1,739.59 Cr
Satisfied charges
₹604.75 Cr
Breakdown by lending institutions
Others₹965.00 Cr
Hdfc Bank Limited₹448.01 Cr
State Bank of India₹146.60 Cr
Yes Bank Limited₹100.00 Cr
Standard Chartered Bank₹72.53 Cr
Others₹7.45 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Mar 2026101251668Yes Bank Limited₹100 CrOpen
28 Sep 2024100992062Others₹75 CrOpen
03 Aug 2024100966241Others₹100 CrOpen
17 May 2024100944448Hdfc Bank Limited₹100 CrOpen
13 May 2024100926991Others₹100 CrOpen

To see the full charge records of MM Forgings Limited, buy the company report.

Total charge records: 44 View all charges

Deals & funding

MM Forgings Limited has 23 deals on record (23 market trades); the latest was in May 2024.

Total deals
23
Market trades
23

Deals on record (5 of 23)

WhenDealAmountParties
May 2024Market trade₹16.28 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Dec 2023Market trade₹15.04 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Dec 2021Market trade₹40.26 CrBuyer: Hdfc Mutual Fund
Seller: Hdfc Mutual Fund
Aug 2014Market trade₹2.03 CrBuyer: Multiplex Capital Limited
Seller: Multiplex Capital Limited
Jul 2014Market trade₹1.83 CrBuyer: P H Capital Limited
Seller: P H Capital Limited

To see the full deal history of MM Forgings Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

MM Forgings Limited was last rated by Care on 07 Apr 2021.

Rating agencyRated onRating
Care07 Apr 2021

To see the full credit ratings and regulatory alerts of MM Forgings Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for MM Forgings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

MM Forgings has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

4
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Suvarchas Vidyut Private LimitedU29190TN2022PTC151008
Abhinava Rizel Private LimitedU31909TN2022PTC152120
Cafoma Autoparts Private LimitedU35999TN1981PTC008856
DVS Industries Private LimitedU74899DL1992PTC049221

To see the full group structure of MM Forgings Limited, buy the company report.

Employees & EPFO

MM Forgings Limited has a workforce of 2,420 employees on its EPFO records as of May 2026, across 4 active EPFO establishments.

Employee count
2,420
Active EPFO establishments
4
Employee growth
5.4%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-272,420
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of MM Forgings Limited, buy the company report.

GST

MM Forgings has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
33AAACM2164L1ZLTamil NaduActive01 Jul 2017
09AAACM2164L1ZCUttar PradeshActive11 Feb 2019
06AAACM2164L1ZIHaryanaActive11 May 2023

To see the full GST registrations and return filing status of MM Forgings Limited, buy the company report.

Recent activity

MM Forgings Limited has 23 board changes on record since 1979: 17 appointments and 6 cessations. The latest: Kavitha Vijay ceased to be Director on 31 Mar 2025.

Charges
A charge registered on 08 Feb 2019 via Charge ID 100249544 with Others was fully satisfied on 18 Jun 2026.
Filing
Mm Forgings Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
Charges
A charge registered on 15 Jun 2018 via Charge ID 100224987 with Hdfc Bank Limited was fully satisfied on 30 Mar 2026.
Charges
A charge with Yes Bank Limited amounted to Rs. 100.00 Cr with Charge ID 101251668 was registered on 10 Mar 2026.
Charges
A charge with Others of Rs. 100.00 Cr registered on 03 Aug 2024 with Charge ID 100966241 was modified on 04 Feb 2026.
Charges
A charge registered on 13 Apr 2018 via Charge ID 100191470 with Others was fully satisfied on 11 Nov 2025.
Charges
A charge with Others of Rs. 165.00 Cr registered on 25 Feb 2021 with Charge ID 100428686 was modified on 10 Sep 2025.
AGM
Mm Forgings Limited last Annual general meeting of members was held on 06 Aug 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 75.00 Cr registered on 28 Sep 2024 with Charge ID 100992062 was modified on 17 Jul 2025.
Charges
A charge with State Bank Of India of Rs. 146.60 Cr registered on 15 Jul 1994 with Charge ID 90307468 was modified on 17 Jul 2025.
Ceased
Kavitha Vijay ceased to be Director.
Appointed
Rama Sivaraman was appointed as Director.

116 earlier events are in the company report.

News

MMFL: Q2 CONS NET PROFIT 417M RUPEES VS 185M (YOY)
05 Nov 2026 · Exchange Update
MMFL: Q2 EBITDA 1.04B RUPEES VS 665M (YOY); Q2 EBITDA MARGIN 19.43% VS 17.61% (YOY)
05 Nov 2026 · Exchange Update
MMFL: Q2 REVENUE 5.37B RUPEES VS 3.78B (YOY)
05 Nov 2026 · Exchange Update

Frequently asked questions

MM Forgings is an active public limited company based in Chennai, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 21 February 1946 (80+ years old) and is registered under CIN L51102TN1946PLC001473. Listed on BSE: 522241 and NSE: MMFL.

MM Forgings reported revenue of ₹1,589.87 Cr for FY 2025-26 (up 4.2% YoY) based on consolidated financials.

MM Forgings has 10 current directors:

The latest financial statements of MM Forgings on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 06 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of MM Forgings is 33AAACM2164L1ZL, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 09AAACM2164L1ZC (Uttar Pradesh), 06AAACM2164L1ZI (Haryana).

The CIN (Corporate Identification Number) of MM Forgings is L51102TN1946PLC001473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. MM Forgings is a listed company as per MCA records. Its shares are listed on both BSE (code: 522241) and NSE (symbol: MMFL).

MM Forgings has 86 court cases on record: 37 filed by the company and 49 filed against it. 7 are pending. Most are in the high courts.

MM Forgings was incorporated on 21 February 1946, making it 80+ years old. It is registered with the Registrar of Companies, Chennai.

MM Forgings has 23 deals on record (23 market trades); the latest was in May 2024.