About Mm Forgings Limited
Data last updated: 06 January 2026
Mm Forgings Limited is a public limited company based in Chennai, Tamil Nadu, India. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 21 February 1946, the company has been in operation for over 80 years.
Registered with ROC Chennai under CIN L51102TN1946PLC001473. Listed on BSE: 522241 and NSE: MMFL.
Capital: an authorised share capital of ₹51 Cr and a paid-up capital of ₹48.28 Cr. Formerly known as The Madras Motors Limited. It is led by directors including Venkatakrishnan Raghavan and Shankar Subramanian Athreya.
Last AGM: 06 August 2025. Financial statements filed for year ended 31 March 2025. Office: Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,583.55 Cr, a growth of 7% compared to the previous year.
The company has a workforce of approximately 1,084 employees as per the latest available data. 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 ₹1,672.47 Cr and satisfied charges of ₹546.87 Cr on record.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressSvktowera24/25 Thiruvikaindustrialestate, Guindy, Chennai, Tamil Nadu, India – 600032
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Mm Forgings Limited
Mm Forgings Limited has one previous CIN (Corporate Identification Number): U51102TN1946PLC001473. The current CIN is L51102TN1946PLC001473, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51102TN1946PLC001473 | Current |
| U51102TN1946PLC001473 | Previous |
Associated Brands with Mm Forgings Limited
Mm Forgings Limited operates one associated brand: M M Forgings. These brands represent Mm Forgings Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of closed-die forgings for automotive and industrial applications | mmforgings.com |
Business Activity of Mm Forgings Limited
Mm Forgings Limited is engaged in principal business activities including manufacturing and electricity, gas, steam and air condition supply, with detailed activities including metal and metal products, electric power generation, transmission and distribution. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | ********* |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | ********* |
Auditor Details of Mm Forgings Limited
Mm Forgings Limited is audited by G. RAMESH KUMAR & CO., (ICAI peer reviewed, certificate valid till 2026-08-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| G. RAMESH KUMAR & CO., (ICAI peer reviewed, certificate valid till 2026-08-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Mm Forgings Limited
Mm Forgings Limited is currently managed by 13 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatakrishnan Raghavan | Deputy Nodal Officer | 03 Sep 2019 | 6 Years 10 Months | Current |
| Shankar Subramanian Athreya | Director | 11 Aug 2023 | 2 Years 11 Months | Current |
| Srinivasan Krishna Kumar | Director | 08 Mar 2024 | 2 Years 4 Months | Current |
|
Sankaran Hari
Also directs:
Natesan Windfarm Private Limited, Sesha Tools Private Limited, Natesan Advanced Technologies Private Limited and 5 more
|
Director | 01 Apr 2024 | 2 Years 3 Months | Current |
| Radhakrishnan Subramanian | Director | 08 Mar 2024 | 2 Years 4 Months | Current |
| Krishnan Venkatramanan | Whole-Time Director | 01 Sep 2008 | 17 Years 10 Months | Current |
Financials of Mm Forgings Limited FY 2026 filings available
Mm Forgings Limited reported revenue of ₹1,589.87 Cr (up 4.24% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,589.87 Cr | ₹1,525.18 Cr | ₹1,563.07 Cr | ₹1,461.88 Cr | ₹1,122.97 Cr | ₹744.13 Cr | ₹769.17 Cr |
| Other Income | ₹15.61 Cr | ₹22.64 Cr | ₹20.49 Cr | ₹12.04 Cr | ₹30.9 Cr | ₹17.69 Cr | ₹18.57 Cr |
| Total Income | ₹1,605.49 Cr | ₹1,547.82 Cr | ₹1,583.55 Cr | ₹1,473.92 Cr | ₹1,153.86 Cr | ₹761.83 Cr | ₹787.74 Cr |
| Cost of Materials Consumed | ₹637.57 Cr | ₹660.83 Cr | ₹777.56 Cr | ₹744.24 Cr | ₹525.06 Cr | ₹327.23 Cr | ₹337.03 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹75.06 Cr | ₹1.03 Cr | -₹60.32 Cr | -₹60.16 Cr | -₹20.53 Cr | ₹15.89 Cr | ₹17.91 Cr |
| Employee Benefit Expense | ₹176.76 Cr | ₹162.18 Cr | ₹150.25 Cr | ₹139.85 Cr | ₹124.38 Cr | ₹83.16 Cr | ₹89.11 Cr |
| Finance Costs | ₹78.2 Cr | ₹59.79 Cr | ₹42.56 Cr | ₹29.57 Cr | ₹27.73 Cr | ₹31.22 Cr | ₹38.3 Cr |
| Depreciation & Amortisation | ₹103.12 Cr | ₹93.26 Cr | ₹82.81 Cr | ₹78.81 Cr | ₹67.77 Cr | ₹63.36 Cr | ₹59.56 Cr |
| Other Expenses | ₹420.51 Cr | ₹405.07 Cr | ₹402.74 Cr | ₹365.1 Cr | ₹302.07 Cr | ₹190.52 Cr | ₹192.94 Cr |
| Total Expenses | ₹1,491.21 Cr | ₹1,382.15 Cr | ₹1,395.61 Cr | ₹1,297.41 Cr | ₹1,026.48 Cr | ₹711.38 Cr | ₹734.85 Cr |
| Profit Before Exceptional Items & Tax | ₹114.27 Cr | ₹165.67 Cr | ₹187.95 Cr | ₹176.51 Cr | ₹127.38 Cr | ₹50.45 Cr | ₹52.9 Cr |
| Exceptional Items | ₹54.92 Lakh | ₹5.66 Lakh | ₹1.3 Cr | ₹45 Lakh | ₹1.47 Cr | ₹1.73 Cr | ₹21.03 Lakh |
| Profit Before Tax | ₹114.82 Cr | ₹165.73 Cr | ₹189.25 Cr | ₹176.96 Cr | ₹128.86 Cr | ₹52.18 Cr | ₹53.11 Cr |
| Total Tax Expense | ₹16.15 Cr | ₹43.87 Cr | ₹54.45 Cr | ₹49.01 Cr | ₹17.85 Cr | ₹5.47 Cr | ₹11.19 Cr |
| Net Profit | ₹98.67 Cr | ₹121.86 Cr | ₹134.8 Cr | ₹127.95 Cr | ₹111 Cr | ₹46.71 Cr | ₹41.92 Cr |
| attributable to Owners | ₹0 | - | - | ₹0 | - | ₹0 | ₹0 |
| attributable to NCI | ₹0 | - | - | ₹0 | - | ₹0 | ₹0 |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹98.67 Cr | ₹121.86 Cr | ₹134.8 Cr | ₹127.95 Cr | ₹111 Cr | ₹46.71 Cr | ₹41.92 Cr |
| EBITDA (computed) | ₹295.59 Cr | ₹318.72 Cr | ₹313.32 Cr | ₹284.89 Cr | ₹222.88 Cr | ₹145.03 Cr | ₹150.75 Cr |
| Basic EPS | ₹20.44 | ₹25.24 | ₹55.84 | ₹53.00 | ₹45.98 | ₹19.35 | ₹17.37 |
| Diluted EPS | ₹20.44 | ₹25.24 | ₹55.84 | ₹53.00 | ₹45.98 | ₹19.35 | ₹17.37 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹2,524.38 Cr | ₹2,369.69 Cr | ₹1,961.04 Cr | ₹1,663.57 Cr |
| Non-current Assets | ₹1,466.52 Cr | ₹1,404.15 Cr | ₹1,094.93 Cr | ₹916.61 Cr |
| Current Assets | ₹1,057.85 Cr | ₹965.54 Cr | ₹866.11 Cr | ₹746.96 Cr |
| Property, Plant & Equipment | ₹1,100.62 Cr | ₹964.46 Cr | ₹914.18 Cr | ₹803.98 Cr |
| Inventories | ₹334.06 Cr | ₹341.69 Cr | ₹344.91 Cr | ₹315.73 Cr |
| Trade Receivables | ₹456.62 Cr | ₹372.6 Cr | ₹275.17 Cr | ₹202.05 Cr |
| Cash & Equivalents | ₹224.56 Cr | ₹217.2 Cr | ₹209.26 Cr | ₹218.15 Cr |
| Equity (Net Worth) | ₹978.13 Cr | ₹892.44 Cr | ₹789.09 Cr | ₹673.38 Cr |
| Equity Share Capital | ₹48.28 Cr | ₹48.28 Cr | ₹24.14 Cr | ₹24.14 Cr |
| Borrowings (Non-current) | ₹596.15 Cr | ₹603.86 Cr | ₹380.1 Cr | ₹332.81 Cr |
| Borrowings (Current) | ₹477.61 Cr | ₹447.52 Cr | ₹423.58 Cr | ₹321.67 Cr |
| Total Debt (computed) | ₹1,073.76 Cr | ₹1,051.38 Cr | ₹803.68 Cr | ₹654.48 Cr |
| Current Liabilities | ₹900 Cr | ₹791.55 Cr | ₹742.61 Cr | ₹622.64 Cr |
| Total Liabilities | ₹1,546.25 Cr | ₹1,477.25 Cr | ₹1,171.94 Cr | ₹990.19 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹229.69 Cr | ₹183.45 Cr | ₹131.24 Cr | ₹166.8 Cr | ₹151.27 Cr |
| Investing Cash Flow | -₹181.47 Cr | -₹358.21 Cr | -₹232.12 Cr | -₹185.28 Cr | -₹125.56 Cr |
| Financing Cash Flow | -₹40.71 Cr | ₹182.89 Cr | ₹94.5 Cr | ₹10.52 Cr | ₹13.27 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹229.69 Cr | ₹183.45 Cr | ₹131.24 Cr | ₹166.8 Cr | ₹151.27 Cr |
| Dividends Paid | ₹19.31 Cr | ₹19.31 Cr | ₹14.48 Cr | ₹14.48 Cr | ₹14.55 Cr |
| Net Change in Cash | ₹7.5 Cr | ₹8.13 Cr | -₹6.39 Cr | -₹7.96 Cr | ₹38.99 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹429.65 Cr | ₹413.64 Cr | ₹384.93 Cr | ₹361.64 Cr | ₹370.64 Cr | ₹374.09 Cr | ₹398.26 Cr | ₹382.19 Cr | ₹397.49 Cr | ₹398.75 Cr | ₹396.65 Cr | ₹370.17 Cr |
| Other Income | ₹67.43 Lakh | ₹3.23 Cr | ₹3.96 Cr | ₹7.75 Cr | ₹6.47 Cr | ₹3.52 Cr | ₹7.11 Cr | ₹5.54 Cr | ₹5.75 Cr | ₹5.4 Cr | ₹4.09 Cr | ₹5.25 Cr |
| Total Income | ₹430.33 Cr | ₹416.87 Cr | ₹388.89 Cr | ₹369.4 Cr | ₹377.11 Cr | ₹377.61 Cr | ₹405.37 Cr | ₹387.73 Cr | ₹403.24 Cr | ₹404.15 Cr | ₹400.73 Cr | ₹375.43 Cr |
| Cost of Materials Consumed | ₹153.09 Cr | ₹164.04 Cr | ₹158.52 Cr | ₹161.91 Cr | ₹141.15 Cr | ₹146.32 Cr | ₹191.86 Cr | ₹181.5 Cr | ₹195.97 Cr | ₹196.07 Cr | ₹200.43 Cr | ₹185.09 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹39.73 Cr | ₹29.74 Cr | ₹1.75 Cr | ₹3.84 Cr | ₹28.67 Cr | ₹12.2 Cr | -₹30.05 Cr | -₹9.78 Cr | -₹21.06 Cr | -₹9.99 Cr | -₹16.28 Cr | -₹12.98 Cr |
| Employee Benefit Expense | ₹42.75 Cr | ₹46.78 Cr | ₹46.79 Cr | ₹40.43 Cr | ₹39.78 Cr | ₹40.55 Cr | ₹42.42 Cr | ₹39.43 Cr | ₹41.52 Cr | ₹36.31 Cr | ₹36.84 Cr | ₹35.58 Cr |
| Finance Costs | ₹18.31 Cr | ₹20.35 Cr | ₹21.23 Cr | ₹18.3 Cr | ₹13.65 Cr | ₹15.49 Cr | ₹16.11 Cr | ₹14.54 Cr | ₹13.27 Cr | ₹10.94 Cr | ₹8.74 Cr | ₹9.61 Cr |
| Depreciation & Amortisation | ₹27.71 Cr | ₹26.15 Cr | ₹24.18 Cr | ₹25.08 Cr | ₹25.56 Cr | ₹22.65 Cr | ₹23.04 Cr | ₹22.01 Cr | ₹20.21 Cr | ₹21.01 Cr | ₹20.76 Cr | ₹20.83 Cr |
| Other Expenses | ₹113.29 Cr | ₹103.74 Cr | ₹111.34 Cr | ₹92.14 Cr | ₹88.16 Cr | ₹101.89 Cr | ₹117.08 Cr | ₹97.93 Cr | ₹103.52 Cr | ₹101.05 Cr | ₹101.12 Cr | ₹97.05 Cr |
| Total Expenses | ₹394.89 Cr | ₹390.8 Cr | ₹363.82 Cr | ₹341.71 Cr | ₹336.98 Cr | ₹339.1 Cr | ₹360.46 Cr | ₹345.62 Cr | ₹353.43 Cr | ₹355.39 Cr | ₹351.61 Cr | ₹335.18 Cr |
| Profit Before Exceptional Items & Tax | ₹35.44 Cr | ₹26.07 Cr | ₹25.07 Cr | ₹27.69 Cr | ₹40.13 Cr | ₹38.51 Cr | ₹44.92 Cr | ₹42.12 Cr | ₹49.81 Cr | ₹48.77 Cr | ₹49.12 Cr | ₹40.25 Cr |
| Exceptional Items | -₹4.36 Lakh | ₹0 | ₹0 | ₹0 | ₹2.08 Lakh | ₹3.58 Lakh | ₹0 | ₹0 | ₹60.1 Lakh | ₹12.15 Lakh | ₹57.84 Lakh | ₹25,000 |
| Profit Before Tax | ₹35.4 Cr | ₹26.07 Cr | ₹25.07 Cr | ₹27.69 Cr | ₹40.15 Cr | ₹38.55 Cr | ₹44.92 Cr | ₹42.12 Cr | ₹50.41 Cr | ₹48.89 Cr | ₹49.7 Cr | ₹40.25 Cr |
| Total Tax Expense | -₹9.35 Cr | ₹8.5 Cr | ₹8.5 Cr | ₹8.5 Cr | ₹6.86 Cr | ₹12 Cr | ₹13 Cr | ₹12.01 Cr | ₹13.61 Cr | ₹15.34 Cr | ₹14.25 Cr | ₹11.25 Cr |
| Net Profit | ₹44.74 Cr | ₹17.57 Cr | ₹16.57 Cr | ₹19.19 Cr | ₹33.29 Cr | ₹26.55 Cr | ₹31.91 Cr | ₹30.11 Cr | ₹36.8 Cr | ₹33.54 Cr | ₹35.45 Cr | ₹29 Cr |
| attributable to Owners | ₹0 | - | - | ₹0 | - | ₹0 | - | - | - | - | - | - |
| attributable to NCI | ₹0 | - | - | ₹0 | - | ₹0 | - | - | - | - | - | - |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹44.74 Cr | ₹17.57 Cr | ₹16.57 Cr | ₹19.19 Cr | ₹33.29 Cr | ₹26.55 Cr | ₹31.91 Cr | ₹30.11 Cr | ₹36.8 Cr | ₹33.54 Cr | ₹35.45 Cr | ₹29 Cr |
| EBITDA (computed) | ₹81.47 Cr | ₹72.57 Cr | ₹70.49 Cr | ₹71.07 Cr | ₹79.34 Cr | ₹76.65 Cr | ₹84.07 Cr | ₹78.66 Cr | ₹83.29 Cr | ₹80.72 Cr | ₹78.62 Cr | ₹70.69 Cr |
| Basic EPS | ₹9.27 | ₹3.64 | ₹3.43 | ₹3.97 | ₹6.90 | ₹5.50 | ₹6.61 | ₹12.47 | ₹15.24 | ₹13.90 | ₹14.69 | ₹12.01 |
| Diluted EPS | ₹9.27 | ₹3.64 | ₹3.43 | ₹3.97 | ₹6.90 | ₹5.50 | ₹6.61 | ₹12.47 | ₹15.24 | ₹13.90 | ₹14.69 | ₹12.01 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,545.16 Cr | ₹1,476.96 Cr | ₹1,527.08 Cr | ₹1,409.29 Cr | ₹1,087.98 Cr | ₹725.65 Cr | ₹727.29 Cr |
| Other Income | ₹24.34 Cr | ₹29.55 Cr | ₹25.38 Cr | ₹16.12 Cr | ₹35.24 Cr | ₹21.59 Cr | ₹18.51 Cr |
| Total Income | ₹1,569.5 Cr | ₹1,506.51 Cr | ₹1,552.46 Cr | ₹1,425.41 Cr | ₹1,123.22 Cr | ₹747.24 Cr | ₹745.8 Cr |
| Cost of Materials Consumed | ₹632.47 Cr | ₹647.42 Cr | ₹773.87 Cr | ₹734.36 Cr | ₹522.81 Cr | ₹331.52 Cr | ₹318.71 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹72.45 Cr | -₹65.83 Lakh | -₹58.88 Cr | -₹59.93 Cr | -₹18.37 Cr | ₹15.42 Cr | ₹15.28 Cr |
| Employee Benefit Expense | ₹160.56 Cr | ₹147.78 Cr | ₹136.14 Cr | ₹126.52 Cr | ₹112.73 Cr | ₹76.5 Cr | ₹82.68 Cr |
| Finance Costs | ₹78.2 Cr | ₹61.29 Cr | ₹42.56 Cr | ₹29.22 Cr | ₹27.31 Cr | ₹31.22 Cr | ₹33.05 Cr |
| Depreciation & Amortisation | ₹92.2 Cr | ₹82.45 Cr | ₹72.49 Cr | ₹67.6 Cr | ₹60.11 Cr | ₹56.73 Cr | ₹53.23 Cr |
| Other Expenses | ₹404.2 Cr | ₹388.3 Cr | ₹387.55 Cr | ₹352.8 Cr | ₹285.74 Cr | ₹180.91 Cr | ₹185.43 Cr |
| Total Expenses | ₹1,440.08 Cr | ₹1,326.58 Cr | ₹1,353.74 Cr | ₹1,250.57 Cr | ₹990.32 Cr | ₹692.31 Cr | ₹688.38 Cr |
| Profit Before Exceptional Items & Tax | ₹129.42 Cr | ₹179.92 Cr | ₹198.72 Cr | ₹174.84 Cr | ₹132.89 Cr | ₹54.93 Cr | ₹57.42 Cr |
| Exceptional Items | ₹54.92 Lakh | ₹5.66 Lakh | ₹71.02 Lakh | ₹1 Lakh | ₹13,000 | ₹3,000 | ₹0 |
| Profit Before Tax | ₹129.97 Cr | ₹179.98 Cr | ₹199.43 Cr | ₹174.85 Cr | ₹132.9 Cr | ₹54.93 Cr | ₹57.42 Cr |
| Total Tax Expense | ₹16.11 Cr | ₹43.68 Cr | ₹53.96 Cr | ₹49.26 Cr | ₹21.12 Cr | ₹8.32 Cr | ₹11.19 Cr |
| Net Profit | ₹113.86 Cr | ₹136.3 Cr | ₹145.46 Cr | ₹125.59 Cr | ₹111.77 Cr | ₹46.61 Cr | ₹46.24 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹113.86 Cr | ₹136.3 Cr | ₹145.46 Cr | ₹125.59 Cr | ₹111.77 Cr | ₹46.61 Cr | ₹46.24 Cr |
| EBITDA (computed) | ₹299.82 Cr | ₹323.67 Cr | ₹313.77 Cr | ₹271.66 Cr | ₹220.31 Cr | ₹142.89 Cr | ₹143.7 Cr |
| Basic EPS | ₹23.58 | ₹28.23 | ₹60.26 | ₹52.02 | ₹46.30 | ₹19.31 | ₹19.15 |
| Diluted EPS | ₹23.58 | ₹28.23 | ₹60.26 | ₹52.20 | ₹46.30 | ₹19.31 | ₹19.15 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹2,548.52 Cr | ₹2,404.05 Cr | ₹1,995.93 Cr | ₹1,670.14 Cr |
| Non-current Assets | ₹1,550.62 Cr | ₹1,406.28 Cr | ₹1,127.47 Cr | ₹936.75 Cr |
| Current Assets | ₹997.9 Cr | ₹997.77 Cr | ₹868.46 Cr | ₹733.39 Cr |
| Property, Plant & Equipment | ₹1,003.91 Cr | ₹860.88 Cr | ₹817.53 Cr | ₹711.55 Cr |
| Inventories | ₹314.35 Cr | ₹339.47 Cr | ₹322.48 Cr | ₹288.05 Cr |
| Trade Receivables | ₹437.97 Cr | ₹407.52 Cr | ₹316.34 Cr | ₹228.22 Cr |
| Cash & Equivalents | ₹222.39 Cr | ₹216.56 Cr | ₹208.7 Cr | ₹204.74 Cr |
| Equity (Net Worth) | ₹1,031.09 Cr | ₹934.11 Cr | ₹816.33 Cr | ₹688.74 Cr |
| Equity Share Capital | ₹48.28 Cr | ₹48.28 Cr | ₹24.14 Cr | ₹24.14 Cr |
| Borrowings (Non-current) | ₹596.15 Cr | ₹603.12 Cr | ₹387.02 Cr | ₹329.11 Cr |
| Borrowings (Current) | ₹477.48 Cr | ₹66.71 Cr | ₹418.02 Cr | ₹321.67 Cr |
| Total Debt (computed) | ₹1,073.63 Cr | ₹669.84 Cr | ₹805.04 Cr | ₹650.78 Cr |
| Current Liabilities | ₹867.2 Cr | ₹438.36 Cr | ₹740.5 Cr | ₹610.5 Cr |
| Total Liabilities | ₹1,517.42 Cr | ₹1,469.94 Cr | ₹1,179.61 Cr | ₹981.4 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹241.76 Cr | ₹190.83 Cr | ₹144.55 Cr | ₹120.69 Cr | ₹147.29 Cr |
| Investing Cash Flow | -₹155.97 Cr | -₹329.8 Cr | -₹201.28 Cr | -₹156.41 Cr | -₹126.01 Cr |
| Financing Cash Flow | -₹79.75 Cr | ₹147.01 Cr | ₹63.07 Cr | ₹16.45 Cr | ₹16.71 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Free Cash Flow (computed) | ₹241.76 Cr | ₹190.83 Cr | ₹144.55 Cr | ₹120.69 Cr | ₹147.29 Cr |
| Dividends Paid | ₹19.31 Cr | ₹19.31 Cr | ₹14.48 Cr | ₹29.22 Cr | ₹14.55 Cr |
| Net Change in Cash | ₹6.04 Cr | ₹8.05 Cr | ₹6.34 Cr | -₹19.27 Cr | ₹37.98 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹413.34 Cr | ₹405.33 Cr | ₹377.69 Cr | ₹348.81 Cr | ₹354.77 Cr | ₹364.24 Cr | ₹389.43 Cr | ₹368.52 Cr | ₹388.58 Cr | ₹387.75 Cr | ₹384.12 Cr | ₹365.53 Cr |
| Other Income | ₹3.57 Cr | ₹5.46 Cr | ₹6.8 Cr | ₹9.1 Cr | ₹8.29 Cr | ₹5.9 Cr | ₹8.48 Cr | ₹6.88 Cr | ₹7.19 Cr | ₹6.74 Cr | ₹5.13 Cr | ₹6.28 Cr |
| Total Income | ₹416.91 Cr | ₹410.79 Cr | ₹384.49 Cr | ₹357.91 Cr | ₹363.06 Cr | ₹370.14 Cr | ₹397.91 Cr | ₹375.4 Cr | ₹395.77 Cr | ₹394.49 Cr | ₹389.24 Cr | ₹371.81 Cr |
| Cost of Materials Consumed | ₹154.2 Cr | ₹157.52 Cr | ₹162.2 Cr | ₹158.55 Cr | ₹139.65 Cr | ₹142.02 Cr | ₹191.03 Cr | ₹174.72 Cr | ₹192.78 Cr | ₹193.02 Cr | ₹200.05 Cr | ₹188.01 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹33.48 Cr | ₹33.56 Cr | ₹2.73 Cr | ₹2.69 Cr | ₹23.49 Cr | ₹13.61 Cr | -₹30.48 Cr | -₹7.28 Cr | -₹20.05 Cr | -₹10.11 Cr | -₹17.9 Cr | -₹10.85 Cr |
| Employee Benefit Expense | ₹39.01 Cr | ₹42.68 Cr | ₹42.42 Cr | ₹36.46 Cr | ₹35.66 Cr | ₹37.13 Cr | ₹39.09 Cr | ₹35.9 Cr | ₹37.68 Cr | ₹31.43 Cr | ₹32.56 Cr | ₹31.91 Cr |
| Finance Costs | ₹18.31 Cr | ₹20.35 Cr | ₹21.23 Cr | ₹18.3 Cr | ₹15.16 Cr | ₹15.49 Cr | ₹16.11 Cr | ₹14.54 Cr | ₹13.27 Cr | ₹10.86 Cr | ₹8.66 Cr | ₹9.52 Cr |
| Depreciation & Amortisation | ₹24.7 Cr | ₹22.5 Cr | ₹22.5 Cr | ₹22.5 Cr | ₹22.65 Cr | ₹20.06 Cr | ₹20.3 Cr | ₹19.44 Cr | ₹17.55 Cr | ₹17.5 Cr | ₹17.5 Cr | ₹17.5 Cr |
| Other Expenses | ₹108.49 Cr | ₹99.94 Cr | ₹107.2 Cr | ₹88.57 Cr | ₹83.57 Cr | ₹98.17 Cr | ₹112.93 Cr | ₹93.64 Cr | ₹102.91 Cr | ₹98.38 Cr | ₹97.5 Cr | ₹94.38 Cr |
| Total Expenses | ₹378.2 Cr | ₹376.54 Cr | ₹358.28 Cr | ₹327.07 Cr | ₹320.17 Cr | ₹326.47 Cr | ₹348.98 Cr | ₹330.96 Cr | ₹344.14 Cr | ₹341.09 Cr | ₹338.37 Cr | ₹330.47 Cr |
| Profit Before Exceptional Items & Tax | ₹38.71 Cr | ₹34.25 Cr | ₹26.21 Cr | ₹30.84 Cr | ₹42.89 Cr | ₹43.67 Cr | ₹48.93 Cr | ₹44.44 Cr | ₹51.63 Cr | ₹53.4 Cr | ₹50.87 Cr | ₹41.34 Cr |
| Exceptional Items | -₹4.36 Lakh | ₹0 | ₹0 | ₹0 | ₹2.08 Lakh | ₹3.58 Lakh | ₹0 | ₹0 | ₹58.62 Lakh | ₹11.72 Lakh | ₹0 | ₹25,000 |
| Profit Before Tax | ₹38.67 Cr | ₹34.25 Cr | ₹26.21 Cr | ₹30.84 Cr | ₹42.91 Cr | ₹43.71 Cr | ₹48.93 Cr | ₹44.44 Cr | ₹52.22 Cr | ₹53.52 Cr | ₹50.87 Cr | ₹41.34 Cr |
| Total Tax Expense | -₹9.39 Cr | ₹8.5 Cr | ₹8.5 Cr | ₹8.5 Cr | ₹6.67 Cr | ₹12 Cr | ₹13 Cr | ₹12.01 Cr | ₹13.6 Cr | ₹15.5 Cr | ₹14.25 Cr | ₹11.25 Cr |
| Net Profit | ₹48.06 Cr | ₹25.75 Cr | ₹17.71 Cr | ₹22.34 Cr | ₹36.24 Cr | ₹31.71 Cr | ₹35.93 Cr | ₹32.43 Cr | ₹38.62 Cr | ₹38.02 Cr | ₹36.62 Cr | ₹30.09 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹48.06 Cr | ₹25.75 Cr | ₹17.71 Cr | ₹22.34 Cr | ₹36.24 Cr | ₹31.71 Cr | ₹35.93 Cr | ₹32.43 Cr | ₹38.62 Cr | ₹38.02 Cr | ₹36.62 Cr | ₹30.09 Cr |
| EBITDA (computed) | ₹81.72 Cr | ₹77.1 Cr | ₹69.94 Cr | ₹71.64 Cr | ₹80.69 Cr | ₹79.22 Cr | ₹85.34 Cr | ₹78.41 Cr | ₹82.45 Cr | ₹81.76 Cr | ₹77.03 Cr | ₹68.36 Cr |
| Basic EPS | ₹9.95 | ₹5.33 | ₹3.67 | ₹4.63 | ₹7.51 | ₹6.57 | ₹7.44 | ₹13.43 | ₹16.00 | ₹15.75 | ₹15.17 | ₹12.46 |
| Diluted EPS | ₹9.95 | ₹5.33 | ₹3.67 | ₹4.63 | ₹7.51 | ₹6.57 | ₹7.44 | ₹13.43 | ₹16.00 | ₹15.75 | ₹15.17 | ₹12.46 |
Shareholding Pattern of Mm Forgings Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 56.34%, foreign institutional investors hold 1.86%, domestic institutional investors hold 8.37%, retail and other public shareholders hold 33.44% of Mm Forgings Limited. The company had 30,828 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% |
| Public | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.30% | 56.41% | 56.41% |
| Public | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.70% | 43.59% | 43.59% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.04 | -0.11 | +0.00 | - |
Board & Governance of Mm Forgings Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Mm Forgings Limited has 10 directors - 5 independent and 4 executive. The board is chaired by KRISHNAN VIDYA SHANKAR.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| KRISHNAN VIDYA SHANKAR | Executive Director · CEO-MD · Chairperson | 1997-04-21 | 1 |
| K Venkatramanan | Executive Director | 1997-04-21 | 1 |
| Sumita Vidyashankar | Non-Executive - Non Independent Director | 2021-08-13 | 1 |
| SHANKAR SUBRAMANIAN ATHREYA | Non-Executive - Independent Director | 2023-08-11 | 1 |
| SRINIVASAN KRISHNAKUMAR | Non-Executive - Independent Director | 2024-03-08 | 1 |
| SUBRAMANIAN R | Non-Executive - Independent Director | 2024-03-08 | 1 |
| Hari Sankaran | Non-Executive - Independent Director | 2024-04-01 | 1 |
| RAMNATH NAGARAJAN | Executive Director | 2024-04-01 | 1 |
| KRISHNAKUMAR RAMAN | Executive Director | 2024-04-01 | 1 |
| RAMA SIVARAMAN | Non-Executive - Independent Director | 2025-03-31 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | SHANKAR SUBRAMANIAN ATHREYA (Chairperson), KRISHNAN VIDYA SHANKAR, Sumita Vidyashankar, SRINIVASAN KRISHNAKUMAR, SUBRAMANIAN R, Hari Sankaran, RAMA SIVARAMAN |
| Nomination and remuneration committee | SHANKAR SUBRAMANIAN ATHREYA (Chairperson), Sumita Vidyashankar, SRINIVASAN KRISHNAKUMAR, SUBRAMANIAN R, Hari Sankaran, RAMA SIVARAMAN |
| Stakeholders Relationship Committee | SRINIVASAN KRISHNAKUMAR (Chairperson), KRISHNAN VIDYA SHANKAR, K Venkatramanan, Sumita Vidyashankar, SHANKAR SUBRAMANIAN ATHREYA, RAMA SIVARAMAN |
| Risk Management Committee | KRISHNAN VIDYA SHANKAR (Chairperson), K Venkatramanan, RAMNATH NAGARAJAN, Sumita Vidyashankar, SHANKAR SUBRAMANIAN ATHREYA, SRINIVASAN KRISHNAKUMAR, SUBRAMANIAN R, Hari Sankaran, KRISHNAKUMAR RAMAN, RAMA SIVARAMAN |
| Corporate Social Responsibility Committee | KRISHNAN VIDYA SHANKAR (Chairperson), K Venkatramanan, Sumita Vidyashankar, SHANKAR SUBRAMANIAN ATHREYA, SRINIVASAN KRISHNAKUMAR, SUBRAMANIAN R |
Group Structure of Mm Forgings Limited
Mm Forgings Limited has 4 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Mm Forgings Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Suvarchas Vidyut Private Limited | U29190TN2022PTC151008 | - |
| Abhinava Rizel Private Limited | U31909TN2022PTC152120 | - |
| Cafoma Autoparts Private Limited | U35999TN1981PTC008856 | - |
| Dvs Industries Private Limited | U74899DL1992PTC049221 | - |
Showing major subsidiaries. Total: 4.
Charges & Borrowings of Mm Forgings Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2024 | Others | ₹75 Cr | Open |
| 03 Aug 2024 | Others | ₹75 Cr | Open |
| 17 May 2024 | Hdfc Bank Limited | ₹100 Cr | Open |
| 13 May 2024 | Others | ₹100 Cr | Open |
| 27 Mar 2024 | Others | ₹200 Cr | Open |
Total charge records: 43 View all charges
Employees and EPFO Compliance at Mm Forgings Limited
Mm Forgings Limited has a workforce of 1,084 employees as of Apr 07, 2024.
Employee Count & EPFO Data of Mm Forgings Limited
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GST Compliance of Mm Forgings Limited
GSTIN & GST Filing Data of Mm Forgings Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mm Forgings Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Mm Forgings Limited
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MSME Payment Delays by Mm Forgings Limited
MSME Payment Delays by Mm Forgings Limited
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Subsidiaries & Group Companies of Mm Forgings Limited
Subsidiaries & Group Companies of Mm Forgings Limited
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MCA Filings & Documents of Mm Forgings Limited
MCA Filings & Documents of Mm Forgings Limited
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Recent Activity on Mm Forgings Limited
Recent News on Mm Forgings Limited
Frequently Asked Questions about Mm Forgings Limited
Mm Forgings Limited is an active public limited company in the automotive sector based in Chennai, Tamil Nadu, India. It was incorporated on 21 February 1946 (80+ years old) and is registered under CIN L51102TN1946PLC001473. Listed on BSE: 522241 and NSE: MMFL. The company has 1,084 employees.
Mm Forgings Limited reported revenue of ₹1,583.55 Cr for FY 2024 (up 7.00% YoY).
The current directors of Mm Forgings Limited are:
- Venkatakrishnan Raghavan
- Shankar Subramanian Athreya
- Srinivasan Krishna Kumar
- Sankaran Hari
- Radhakrishnan Subramanian
- Krishnan Venkatramanan
- Ramnath Nagarajan
- Chandrasekar Suriyanarayanan
- Sumita Vidyashankar
- Rama Sivaraman
- Raman Krishnakumar
- Venkatakrishnan Raghavan
- Vidya Shankar Krishnan
The primary industry of Mm Forgings Limited is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.
Yes. Mm Forgings Limited is listed on both BSE (code: 522241) and NSE (symbol: MMFL).
Mm Forgings Limited can be reached at the registered office: Svktowera2425 Thiruvikaindustrialestate, Guindy, Chennai, Tamil Nadu, India – 600032, or through the website mmforgings.com.