Nifty
Sensex
:
:
17196.70
57696.46
-204.95 (-1.18%)
-764.83 (-1.31%)

Forgings

Rating :
59/99

BSE: 522241 | NSE: MMFL

791.10
03-Dec-2021
  • Open
  • High
  • Low
  • Previous Close
  •  794.95
  •  803.55
  •  781.35
  •  802.95
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  5164
  •  40.87
  •  955.00
  •  371.10

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 1,889.98
  • 18.92
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 2,317.22
  • 0.64%
  • 3.61

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 56.34%
  • 0.83%
  • 19.52%
  • FII
  • DII
  • Others
  • 0.53%
  • 20.66%
  • 2.12%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.56
  • 8.69
  • -5.73

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 7.21
  • 5.51
  • -6.67

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 5.71
  • 1.43
  • -16.01

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 16.18
  • 26.29
  • 21.04

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 1.17
  • 1.89
  • 2.43

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 11.11
  • 17.28
  • 9.88

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 21
Sep 20
Var%
Jun 21
Jun 20
Var%
Mar 21
Mar 20
Var%
Dec 20
Dec 19
Var%
Net Sales
273.16
150.52
81.48%
246.68
80.83
205.18%
293.36
166.71
75.97%
222.93
185.26
20.33%
Expenses
223.89
123.80
80.85%
201.44
74.25
171.30%
233.88
142.72
63.87%
183.74
151.29
21.45%
EBITDA
49.27
26.72
84.39%
45.23
6.58
587.39%
59.48
23.99
147.94%
39.19
33.96
15.40%
EBIDTM
18.04%
17.75%
18.34%
8.15%
20.27%
14.39%
17.58%
18.33%
Other Income
3.85
3.55
8.45%
3.35
8.09
-58.59%
1.56
4.63
-66.31%
6.49
5.03
29.03%
Interest
7.21
8.46
-14.78%
6.54
8.02
-18.45%
8.02
7.20
11.39%
8.83
8.13
8.61%
Depreciation
16.65
14.64
13.73%
16.64
14.64
13.66%
18.43
17.36
6.16%
15.64
13.70
14.16%
PBT
29.27
7.17
308.23%
25.40
-7.98
-
35.34
4.07
768.30%
21.21
16.96
25.06%
Tax
2.75
1.75
57.14%
2.50
0.00
0
1.22
1.02
19.61%
2.50
3.58
-30.17%
PAT
26.52
5.42
389.30%
22.90
-7.98
-
34.12
3.06
1,015.03%
18.71
13.38
39.84%
PATM
9.71%
3.60%
9.28%
-9.87%
11.63%
1.83%
8.39%
7.22%
EPS
10.99
2.24
390.62%
9.49
-3.31
-
14.14
1.27
1,013.39%
7.75
5.54
39.89%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 21
Mar 20
Mar 19
Mar 18
Mar 10
Mar 09
Mar 08
Mar 07
Mar 06
Mar 05
Net Sales
1,036.13
782.59
769.17
934.12
638.66
158.44
206.81
190.91
176.80
166.01
159.54
Net Sales Growth
77.63%
1.74%
-17.66%
46.26%
303.09%
-23.39%
8.33%
7.98%
6.50%
4.06%
 
Cost Of Goods Sold
467.94
381.57
354.94
417.30
260.90
73.94
99.35
81.70
82.31
80.86
77.22
Gross Profit
568.19
401.02
414.23
516.82
377.75
84.50
107.47
109.21
94.49
85.14
82.33
GP Margin
54.84%
51.24%
53.85%
55.33%
59.15%
53.33%
51.97%
57.20%
53.44%
51.29%
51.60%
Total Expenditure
842.95
655.25
636.99
754.29
508.67
135.79
174.83
154.12
143.16
136.77
132.14
Power & Fuel Cost
-
72.07
73.23
81.85
60.32
17.46
22.78
20.75
18.43
16.72
16.44
% Of Sales
-
9.21%
9.52%
8.76%
9.44%
11.02%
11.01%
10.87%
10.42%
10.07%
10.30%
Employee Cost
-
77.09
82.83
82.26
57.97
15.52
16.67
14.75
11.35
9.69
8.61
% Of Sales
-
9.85%
10.77%
8.81%
9.08%
9.80%
8.06%
7.73%
6.42%
5.84%
5.40%
Manufacturing Exp.
-
65.46
69.23
94.05
67.77
13.18
16.58
18.80
15.09
14.29
12.83
% Of Sales
-
8.36%
9.00%
10.07%
10.61%
8.32%
8.02%
9.85%
8.54%
8.61%
8.04%
General & Admin Exp.
-
6.26
6.50
11.91
9.03
5.04
6.41
7.36
5.38
5.04
5.14
% Of Sales
-
0.80%
0.85%
1.27%
1.41%
3.18%
3.10%
3.86%
3.04%
3.04%
3.22%
Selling & Distn. Exp.
-
40.30
34.26
43.22
38.22
10.36
12.80
9.98
10.14
9.74
11.54
% Of Sales
-
5.15%
4.45%
4.63%
5.98%
6.54%
6.19%
5.23%
5.74%
5.87%
7.23%
Miscellaneous Exp.
-
12.49
16.00
23.69
14.46
0.28
0.25
0.78
0.45
0.42
11.54
% Of Sales
-
1.60%
2.08%
2.54%
2.26%
0.18%
0.12%
0.41%
0.25%
0.25%
0.24%
EBITDA
193.17
127.34
132.18
179.83
129.99
22.65
31.98
36.79
33.64
29.24
27.40
EBITDA Margin
18.64%
16.27%
17.18%
19.25%
20.35%
14.30%
15.46%
19.27%
19.03%
17.61%
17.17%
Other Income
15.25
21.68
18.57
15.86
12.14
7.13
7.56
5.98
5.72
4.11
3.97
Interest
30.60
35.21
38.30
31.58
13.49
6.35
9.00
4.38
4.04
2.99
1.94
Depreciation
67.36
63.36
59.56
58.07
46.44
11.60
16.39
18.17
16.73
14.15
14.21
PBT
111.22
50.45
52.89
106.03
82.20
11.82
14.14
20.22
18.58
16.20
15.21
Tax
8.97
5.47
11.19
27.21
13.58
1.41
3.98
5.80
4.67
4.37
5.57
Tax Rate
8.07%
10.48%
21.07%
25.66%
18.31%
11.93%
28.15%
28.68%
25.13%
26.98%
36.62%
PAT
102.25
46.71
41.92
78.84
60.60
10.42
10.17
14.43
13.91
11.83
9.64
PAT before Minority Interest
102.25
46.71
41.92
78.84
60.60
10.42
10.17
14.43
13.91
11.83
9.64
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
9.87%
5.97%
5.45%
8.44%
9.49%
6.58%
4.92%
7.56%
7.87%
7.13%
6.04%
PAT Growth
636.67%
11.43%
-46.83%
30.10%
481.57%
2.46%
-29.52%
3.74%
17.58%
22.72%
 
EPS
42.43
19.38
17.39
32.71
25.15
4.32
4.22
5.99
5.77
4.91
4.00

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 21
Mar 20
Mar 19
Mar 18
Mar 10
Mar 09
Mar 08
Mar 07
Mar 06
Mar 05
Shareholder's Funds
487.16
455.00
427.26
362.60
103.72
95.42
87.42
76.53
64.73
54.95
Share Capital
24.14
24.14
24.14
12.07
12.07
12.07
6.04
6.04
6.04
6.04
Total Reserves
463.02
430.86
403.12
350.53
91.65
83.35
81.39
70.49
58.70
48.92
Non-Current Liabilities
328.45
367.48
433.74
185.16
121.52
118.63
110.29
68.51
70.60
58.24
Secured Loans
297.32
334.70
396.29
168.26
114.34
111.35
96.53
54.21
60.54
46.73
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
7.22
8.74
4.04
5.80
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
451.65
311.41
357.02
305.20
16.86
10.31
22.39
14.67
13.97
19.64
Trade Payables
118.27
79.29
57.94
66.03
13.34
5.27
13.93
7.45
7.86
14.17
Other Current Liabilities
83.80
75.48
57.70
41.26
0.00
0.00
0.00
0.00
0.00
0.00
Short Term Borrowings
235.02
156.64
234.29
175.90
0.00
0.00
0.00
0.00
0.00
0.00
Short Term Provisions
14.55
0.00
7.09
22.01
3.52
5.04
8.45
7.23
6.11
5.48
Total Liabilities
1,267.26
1,133.89
1,218.02
852.96
242.10
224.36
220.10
159.71
149.30
132.83
Net Block
675.43
712.39
651.18
405.85
129.95
112.76
100.65
82.03
68.40
58.63
Gross Block
1,278.99
1,252.74
1,132.09
828.87
268.61
240.81
212.32
176.10
146.07
122.25
Accumulated Depreciation
603.56
540.36
480.91
423.02
138.66
128.06
111.67
94.08
77.67
63.61
Non Current Assets
738.07
775.87
718.10
453.69
152.05
137.97
122.67
93.52
77.88
69.23
Capital Work in Progress
17.47
12.71
39.19
27.37
21.98
25.11
21.91
11.38
9.36
10.48
Non Current Investment
3.29
3.29
3.29
2.71
0.11
0.11
0.11
0.11
0.11
0.11
Long Term Loans & Adv.
34.50
30.60
15.58
12.14
0.00
0.00
0.00
0.00
0.00
0.00
Other Non Current Assets
7.37
16.89
8.85
5.62
0.00
0.00
0.00
0.00
0.00
0.00
Current Assets
529.19
358.02
499.92
399.28
90.05
86.38
97.43
66.19
71.42
63.60
Current Investments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
178.90
135.89
194.69
126.92
30.54
40.68
42.61
27.06
32.05
32.50
Sundry Debtors
133.13
20.75
90.32
62.57
28.93
16.70
18.26
16.21
16.78
15.00
Cash & Bank
187.87
175.79
172.08
164.29
6.09
0.88
0.97
0.80
0.35
1.41
Other Current Assets
29.28
23.59
40.68
28.65
24.48
28.12
35.59
22.12
22.24
14.70
Short Term Loans & Adv.
2.17
2.00
2.15
16.85
11.31
10.00
23.24
18.30
17.84
6.79
Net Current Assets
77.54
46.61
142.90
94.08
73.20
76.08
75.04
51.51
57.46
43.96
Total Assets
1,267.26
1,133.89
1,218.02
852.97
242.10
224.35
220.10
159.71
149.30
132.83

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 21
Mar 20
Mar 19
Mar 18
Mar 10
Mar 09
Mar 08
Mar 07
Mar 06
Mar 05
Cash From Operating Activity
19.75
282.81
27.00
4.28
26.76
23.16
6.05
33.63
9.70
4.95
PBT
52.18
53.11
106.06
74.17
11.82
14.14
20.46
18.64
16.27
15.17
Adjustment
78.81
81.42
74.42
48.14
16.62
24.33
21.74
19.82
17.08
15.96
Changes in Working Capital
-105.79
157.43
-127.59
-99.01
8.06
1.18
-24.63
6.50
-14.83
-19.28
Cash after chg. in Working capital
25.20
291.95
52.88
23.30
36.51
39.65
17.57
44.97
18.52
11.84
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-5.45
-9.14
-25.88
-19.02
-1.45
-4.20
-5.21
-5.37
-3.86
-3.62
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
-2.14
-3.53
-2.12
-2.05
-2.05
-1.54
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
-11.41
-77.86
-300.57
-85.78
-14.83
-41.00
-37.95
-26.35
-11.68
-28.69
Net Fixed Assets
-30.10
-87.48
-288.98
-491.99
-24.67
-31.69
-47.30
-32.07
-22.69
Net Investments
0.00
0.00
-0.58
-3.99
0.00
0.00
0.00
0.00
0.00
Others
18.69
9.62
-11.01
410.20
9.84
-9.31
9.35
5.72
11.01
Cash from Financing Activity
3.69
-201.79
281.36
111.77
-6.71
17.76
32.07
-6.83
0.92
24.48
Net Cash Inflow / Outflow
12.03
3.16
7.78
30.26
5.21
-0.09
0.16
0.46
-1.06
0.74
Opening Cash & Equivalents
174.80
171.64
164.29
134.03
0.88
0.97
0.80
0.35
1.41
0.66
Closing Cash & Equivalent
186.83
174.80
172.08
164.29
6.09
0.88
0.97
0.80
0.35
1.41

Financial Ratios

Consolidated /

Standalone
Description
Mar 21
Mar 20
Mar 19
Mar 18
Mar 10
Mar 09
Mar 08
Mar 07
Mar 06
Mar 05
Book Value (Rs.)
201.80
188.48
176.99
150.20
42.97
39.53
36.21
31.70
26.81
22.76
ROA
3.89%
3.56%
7.61%
11.07%
4.47%
4.58%
7.60%
9.01%
8.39%
8.97%
ROE
9.91%
9.50%
19.96%
25.99%
10.46%
11.12%
17.60%
19.70%
19.77%
18.84%
ROCE
8.23%
8.56%
14.78%
18.16%
8.56%
11.63%
14.88%
16.83%
16.21%
19.50%
Fixed Asset Turnover
0.62
0.65
0.95
1.16
0.62
0.91
0.98
1.10
1.24
1.48
Receivable days
35.88
26.35
29.87
26.15
52.57
30.85
32.95
34.05
34.93
27.82
Inventory Days
73.41
78.44
62.83
45.00
82.04
73.50
66.58
61.01
70.96
55.87
Payable days
94.49
36.81
28.70
26.80
24.27
18.87
22.48
17.89
27.23
25.50
Cash Conversion Cycle
14.81
67.98
64.01
44.34
110.34
85.48
77.05
77.16
78.66
58.19
Total Debt/Equity
1.26
1.24
1.61
1.06
1.10
1.17
1.19
0.82
1.00
0.96
Interest Cover
2.48
2.39
4.36
6.50
2.86
2.57
5.62
5.60
6.41
8.85

News Update:


  • MM Forgings - Quarterly Results
    8th Nov 2021, 17:24 PM

    Read More
  • MM Forgings acquires CAFOMA Autoparts
    18th Oct 2021, 11:10 AM

    The company expects to unlock synergies by supplying forged crankshafts to CAFOMA

    Read More
  • MM Forgings gets nod to acquire Cafoma Autoparts
    16th Oct 2021, 09:16 AM

    The investment would result in business synergy and enhance the current business operation of the Company and its potential expansion

    Read More

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.