Nifty
Sensex
:
:
22519.40
74244.90
-234.40 (-1.03%)
-793.25 (-1.06%)

Forgings

Rating :
48/99

BSE: 522241 | NSE: MMFL

861.50
12-Apr-2024
  • Open
  • High
  • Low
  • Previous Close
  •  880.05
  •  884.00
  •  858.00
  •  879.80
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  46301
  •  402.66
  •  1099.00
  •  816.95

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 2,074.66
  • 16.22
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 2,558.86
  • 0.70%
  • 2.69

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 56.34%
  • 2.51%
  • 25.29%
  • FII
  • DII
  • Others
  • 2.28%
  • 11.47%
  • 2.11%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 13.10
  • 9.37
  • 24.80

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 12.46
  • 8.69
  • 16.22

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 15.66
  • 10.17
  • 40.57

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 19.75
  • 17.36
  • 17.65

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 2.17
  • 2.78
  • 3.32

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 14.09
  • 9.82
  • 10.67

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 23
Dec 22
Var%
Sep 23
Sep 22
Var%
Jun 23
Jun 22
Var%
Mar 23
Mar 22
Var%
Net Sales
398.75
372.05
7.18%
396.65
357.57
10.93%
370.17
343.96
7.62%
388.30
323.67
19.97%
Expenses
323.43
298.91
8.20%
322.11
290.59
10.85%
304.74
280.75
8.54%
318.77
268.01
18.94%
EBITDA
75.32
73.13
2.99%
74.54
66.98
11.29%
65.44
63.20
3.54%
69.53
55.66
24.92%
EBIDTM
18.89%
19.66%
18.79%
18.73%
17.68%
18.38%
17.91%
17.20%
Other Income
5.40
4.22
27.96%
4.09
3.61
13.30%
5.25
-0.34
-
4.71
4.29
9.79%
Interest
10.94
7.70
42.08%
8.74
7.43
17.63%
9.61
7.19
33.66%
7.25
6.25
16.00%
Depreciation
21.01
20.61
1.94%
20.76
19.75
5.11%
20.83
17.94
16.11%
20.51
16.85
21.72%
PBT
48.77
49.05
-0.57%
49.12
43.42
13.13%
40.25
37.73
6.68%
46.48
36.85
26.13%
Tax
15.34
13.25
15.77%
14.25
10.50
35.71%
11.25
9.41
19.55%
15.85
29.39
-46.07%
PAT
33.42
35.80
-6.65%
34.87
32.92
5.92%
29.00
28.32
2.40%
30.63
7.46
310.59%
PATM
8.38%
9.62%
8.79%
9.21%
7.83%
8.23%
7.89%
2.30%
EPS
13.84
14.83
-6.68%
14.45
13.64
5.94%
12.01
11.73
2.39%
12.69
3.09
310.68%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 10
Mar 09
Mar 08
Mar 07
Net Sales
1,553.87
1,461.88
1,139.63
752.09
769.17
934.12
638.66
158.44
206.81
190.91
176.80
Net Sales Growth
11.21%
28.28%
51.53%
-2.22%
-17.66%
46.26%
303.09%
-23.39%
8.33%
7.98%
 
Cost Of Goods Sold
729.98
684.00
504.52
343.14
354.94
417.30
260.90
73.94
99.35
81.70
82.31
Gross Profit
823.89
777.88
635.11
408.95
414.23
516.82
377.75
84.50
107.47
109.21
94.49
GP Margin
53.02%
53.21%
55.73%
54.38%
53.85%
55.33%
59.15%
53.33%
51.97%
57.20%
53.44%
Total Expenditure
1,269.05
1,189.05
930.99
623.43
636.99
754.29
508.67
135.79
174.83
154.12
143.16
Power & Fuel Cost
-
128.34
95.41
73.00
73.23
81.85
60.32
17.46
22.78
20.75
18.43
% Of Sales
-
8.78%
8.37%
9.71%
9.52%
8.76%
9.44%
11.02%
11.01%
10.87%
10.42%
Employee Cost
-
122.22
110.11
80.14
82.83
82.26
57.97
15.52
16.67
14.75
11.35
% Of Sales
-
8.36%
9.66%
10.66%
10.77%
8.81%
9.08%
9.80%
8.06%
7.73%
6.42%
Manufacturing Exp.
-
140.88
105.31
66.97
69.23
94.05
67.77
13.18
16.58
18.80
15.09
% Of Sales
-
9.64%
9.24%
8.90%
9.00%
10.07%
10.61%
8.32%
8.02%
9.85%
8.54%
General & Admin Exp.
-
17.54
14.54
6.51
6.50
11.91
9.03
5.04
6.41
7.36
5.38
% Of Sales
-
1.20%
1.28%
0.87%
0.85%
1.27%
1.41%
3.18%
3.10%
3.86%
3.04%
Selling & Distn. Exp.
-
73.56
82.51
40.30
34.26
43.22
38.22
10.36
12.80
9.98
10.14
% Of Sales
-
5.03%
7.24%
5.36%
4.45%
4.63%
5.98%
6.54%
6.19%
5.23%
5.74%
Miscellaneous Exp.
-
22.49
18.58
13.37
16.00
23.69
14.46
0.28
0.25
0.78
10.14
% Of Sales
-
1.54%
1.63%
1.78%
2.08%
2.54%
2.26%
0.18%
0.12%
0.41%
0.25%
EBITDA
284.83
272.83
208.64
128.66
132.18
179.83
129.99
22.65
31.98
36.79
33.64
EBITDA Margin
18.33%
18.66%
18.31%
17.11%
17.18%
19.25%
20.35%
14.30%
15.46%
19.27%
19.03%
Other Income
19.45
12.04
14.23
17.73
18.57
15.86
12.14
7.13
7.56
5.98
5.72
Interest
36.54
29.57
27.73
32.13
38.30
31.58
13.49
6.35
9.00
4.38
4.04
Depreciation
83.11
78.81
67.77
64.58
59.56
58.07
46.44
11.60
16.39
18.17
16.73
PBT
184.62
176.50
127.38
49.67
52.89
106.03
82.20
11.82
14.14
20.22
18.58
Tax
56.69
49.01
37.86
5.57
11.19
27.21
13.58
1.41
3.98
5.80
4.67
Tax Rate
30.71%
27.70%
29.38%
10.79%
21.07%
25.66%
18.31%
11.93%
28.15%
28.68%
25.13%
PAT
127.92
127.94
91.00
46.06
41.92
78.84
60.60
10.42
10.17
14.43
13.91
PAT before Minority Interest
127.92
127.94
91.00
46.06
41.92
78.84
60.60
10.42
10.17
14.43
13.91
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
8.23%
8.75%
7.99%
6.12%
5.45%
8.44%
9.49%
6.58%
4.92%
7.56%
7.87%
PAT Growth
22.41%
40.59%
97.57%
9.88%
-46.83%
30.10%
481.57%
2.46%
-29.52%
3.74%
 
EPS
53.08
53.09
37.76
19.11
17.39
32.71
25.15
4.32
4.22
5.99
5.77

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 10
Mar 09
Mar 08
Mar 07
Shareholder's Funds
673.01
559.55
487.16
455.00
427.26
362.60
103.72
95.42
87.42
76.53
Share Capital
24.14
24.14
24.14
24.14
24.14
12.07
12.07
12.07
6.04
6.04
Total Reserves
648.87
535.41
463.02
430.86
403.12
350.53
91.65
83.35
81.39
70.49
Non-Current Liabilities
367.58
385.25
327.80
367.48
433.74
185.16
121.52
118.63
110.29
68.51
Secured Loans
332.15
349.97
297.32
334.70
396.29
168.26
114.34
111.35
96.53
54.21
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
7.22
8.74
Long Term Provisions
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Current Liabilities
619.17
469.43
441.11
311.41
357.02
305.20
16.86
10.31
22.39
14.67
Trade Payables
166.55
109.84
101.34
79.29
57.94
66.03
13.34
5.27
13.93
7.45
Other Current Liabilities
101.98
89.27
83.80
75.48
57.70
41.26
0.00
0.00
0.00
0.00
Short Term Borrowings
322.32
245.84
235.02
156.64
234.29
175.90
0.00
0.00
0.00
0.00
Short Term Provisions
28.32
24.48
20.95
0.00
7.09
22.01
3.52
5.04
8.45
7.23
Total Liabilities
1,660.12
1,414.23
1,256.07
1,133.89
1,218.02
852.96
242.10
224.36
220.10
159.71
Net Block
804.21
708.17
675.44
712.39
651.18
405.85
129.95
112.76
100.65
82.03
Gross Block
1,581.18
1,407.20
1,308.50
1,252.74
1,132.09
828.87
268.61
240.81
212.32
176.10
Accumulated Depreciation
776.97
699.03
633.07
540.36
480.91
423.02
138.66
128.06
111.67
94.08
Non Current Assets
920.33
795.44
738.07
775.87
718.10
453.69
152.05
137.97
122.67
93.52
Capital Work in Progress
62.57
36.38
17.47
12.71
39.19
27.37
21.98
25.11
21.91
11.38
Non Current Investment
22.29
22.29
3.29
3.29
3.29
2.71
0.11
0.11
0.11
0.11
Long Term Loans & Adv.
21.33
21.73
34.50
30.60
15.58
12.14
0.00
0.00
0.00
0.00
Other Non Current Assets
9.94
6.88
7.37
16.89
8.85
5.62
0.00
0.00
0.00
0.00
Current Assets
739.79
618.79
518.00
358.02
499.92
399.28
90.05
86.38
97.43
66.19
Current Investments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
305.80
203.80
178.90
135.89
194.69
126.92
30.54
40.68
42.61
27.06
Sundry Debtors
196.63
156.85
115.54
20.75
90.32
62.57
28.93
16.70
18.26
16.21
Cash & Bank
218.60
226.55
187.87
175.79
172.08
164.29
6.09
0.88
0.97
0.80
Other Current Assets
18.76
1.32
27.11
23.59
42.83
45.50
24.48
28.12
35.59
22.12
Short Term Loans & Adv.
16.65
30.27
8.57
2.00
2.15
16.85
11.31
10.00
23.24
18.30
Net Current Assets
120.62
149.36
76.89
46.61
142.90
94.08
73.20
76.08
75.04
51.51
Total Assets
1,660.12
1,414.23
1,256.07
1,133.89
1,218.02
852.97
242.10
224.35
220.10
159.71

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 10
Mar 09
Mar 08
Mar 07
Cash From Operating Activity
169.24
150.43
20.35
282.81
27.00
4.28
26.76
23.16
6.05
33.63
PBT
176.95
128.86
51.63
53.11
106.06
74.17
11.82
14.14
20.46
18.64
Adjustment
99.29
85.12
80.68
81.42
74.42
48.14
16.62
24.33
21.74
19.82
Changes in Working Capital
-64.59
-36.83
-106.82
157.43
-127.59
-99.01
8.06
1.18
-24.63
6.50
Cash after chg. in Working capital
211.65
177.15
25.49
291.95
52.88
23.30
36.51
39.65
17.57
44.97
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-42.41
-26.72
-5.15
-9.14
-25.88
-19.02
-1.45
-4.20
-5.21
-5.37
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
-2.14
-3.53
-2.12
-2.05
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-187.17
-125.55
-11.43
-77.86
-300.57
-85.78
-14.83
-41.00
-37.95
-26.35
Net Fixed Assets
-152.29
-111.30
-30.10
-87.48
-288.98
-491.99
-24.67
-31.69
-47.30
-32.07
Net Investments
-16.84
-28.00
0.00
0.00
-0.58
-3.99
0.00
0.00
0.00
0.00
Others
-18.04
13.75
18.67
9.62
-11.01
410.20
9.84
-9.31
9.35
5.72
Cash from Financing Activity
9.97
14.12
3.29
-201.79
281.36
111.77
-6.71
17.76
32.07
-6.83
Net Cash Inflow / Outflow
-7.97
38.99
12.20
3.16
7.78
30.26
5.21
-0.09
0.16
0.46
Opening Cash & Equivalents
226.01
187.03
174.82
171.64
164.29
134.03
0.88
0.97
0.80
0.35
Closing Cash & Equivalent
218.05
226.01
187.03
174.80
172.08
164.29
6.09
0.88
0.97
0.80

Financial Ratios

Consolidated /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 10
Mar 09
Mar 08
Mar 07
Book Value (Rs.)
278.78
231.79
201.80
188.48
176.99
150.20
42.97
39.53
36.21
31.70
ROA
8.32%
6.82%
3.85%
3.56%
7.61%
11.07%
4.47%
4.58%
7.60%
9.01%
ROE
20.76%
17.39%
9.78%
9.50%
19.96%
25.99%
10.46%
11.12%
17.60%
19.70%
ROCE
15.45%
13.35%
7.89%
8.56%
14.78%
18.16%
8.56%
11.63%
14.88%
16.83%
Fixed Asset Turnover
0.98
0.84
0.59
0.65
0.95
1.16
0.62
0.91
0.98
1.10
Receivable days
44.13
43.62
33.07
26.35
29.87
26.15
52.57
30.85
32.95
34.05
Inventory Days
63.62
61.29
76.39
78.44
62.83
45.00
82.04
73.50
66.58
61.01
Payable days
73.74
76.39
96.06
36.81
28.70
26.80
24.27
18.87
22.48
17.89
Cash Conversion Cycle
34.00
28.52
13.39
67.98
64.01
44.34
110.34
85.48
77.05
77.16
Total Debt/Equity
1.12
1.22
1.26
1.24
1.61
1.06
1.10
1.17
1.19
0.82
Interest Cover
6.98
5.65
2.61
2.39
4.36
6.50
2.86
2.57
5.62
5.60

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.