Nifty
Sensex
:
:
18696.10
62868.50
-116.40 (-0.62%)
-415.69 (-0.66%)

Forgings

Rating :
56/99

BSE: 522241 | NSE: MMFL

861.10
02-Dec-2022
  • Day's Open
  • Day's High
  • Day's Low
  • Previous Close
  • 876.05
  • 876.05
  • 852.25
  • 870.35
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  12950
  •  111.77
  •  1036.10
  •  645.00

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 2,074.30
  • 17.36
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 2,528.51
  • 0.70%
  • 3.33

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 56.34%
  • 1.84%
  • 22.70%
  • FII
  • DII
  • Others
  • 0.91%
  • 16.11%
  • 2.10%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.83
  • 12.28
  • 14.00

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 13.32
  • 9.93
  • 9.56

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 14.14
  • 8.47
  • 29.48

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 19.67
  • 21.81
  • 19.38

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 1.62
  • 2.57
  • 2.70

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 12.48
  • 13.91
  • 10.47

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 22
Sep 21
Var%
Jun 22
Jun 21
Var%
Mar 22
Mar 21
Var%
Dec 21
Dec 20
Var%
Net Sales
357.57
273.16
30.90%
343.96
247.08
39.21%
322.37
295.59
9.06%
296.46
225.85
31.26%
Expenses
290.59
223.89
29.79%
280.75
201.23
39.52%
268.01
236.37
13.39%
239.34
190.21
25.83%
EBITDA
66.98
49.27
35.94%
63.20
45.85
37.84%
54.35
59.22
-8.22%
57.12
35.64
60.27%
EBIDTM
18.73%
18.04%
18.38%
18.56%
16.86%
20.03%
19.27%
15.78%
Other Income
3.61
3.85
-6.23%
-0.34
3.36
-
5.60
2.41
132.37%
2.71
5.44
-50.18%
Interest
7.43
7.21
3.05%
7.19
6.65
8.12%
6.25
8.13
-23.12%
7.51
7.86
-4.45%
Depreciation
19.75
16.65
18.62%
17.94
16.99
5.59%
16.85
18.48
-8.82%
16.93
16.04
5.55%
PBT
43.42
29.27
48.34%
37.73
25.58
47.50%
37.80
35.83
5.50%
35.91
18.14
97.96%
Tax
10.50
2.75
281.82%
9.41
2.50
276.40%
9.37
4.07
130.22%
6.50
2.50
160.00%
PAT
32.92
26.52
24.13%
28.32
23.08
22.70%
28.42
31.75
-10.49%
29.41
15.64
88.04%
PATM
9.21%
9.71%
8.23%
9.34%
8.82%
10.74%
9.92%
6.93%
EPS
13.64
10.99
24.11%
11.73
9.56
22.70%
11.77
13.15
-10.49%
12.18
6.48
87.96%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 10
Mar 09
Mar 08
Mar 07
Mar 06
Net Sales
1,320.36
1,139.63
752.09
769.17
934.12
638.66
158.44
206.81
190.91
176.80
166.01
Net Sales Growth
26.75%
51.53%
-2.22%
-17.66%
46.26%
303.09%
-23.39%
8.33%
7.98%
6.50%
 
Cost Of Goods Sold
591.50
504.81
343.14
354.94
417.30
260.90
73.94
99.35
81.70
82.31
80.86
Gross Profit
728.86
634.82
408.95
414.23
516.82
377.75
84.50
107.47
109.21
94.49
85.14
GP Margin
55.20%
55.70%
54.38%
53.85%
55.33%
59.15%
53.33%
51.97%
57.20%
53.44%
51.29%
Total Expenditure
1,078.69
930.99
623.43
636.99
754.29
508.67
135.79
174.83
154.12
143.16
136.77
Power & Fuel Cost
-
95.41
73.00
73.23
81.85
60.32
17.46
22.78
20.75
18.43
16.72
% Of Sales
-
8.37%
9.71%
9.52%
8.76%
9.44%
11.02%
11.01%
10.87%
10.42%
10.07%
Employee Cost
-
110.11
80.14
82.83
82.26
57.97
15.52
16.67
14.75
11.35
9.69
% Of Sales
-
9.66%
10.66%
10.77%
8.81%
9.08%
9.80%
8.06%
7.73%
6.42%
5.84%
Manufacturing Exp.
-
105.31
66.97
69.23
94.05
67.77
13.18
16.58
18.80
15.09
14.29
% Of Sales
-
9.24%
8.90%
9.00%
10.07%
10.61%
8.32%
8.02%
9.85%
8.54%
8.61%
General & Admin Exp.
-
14.49
6.51
6.50
11.91
9.03
5.04
6.41
7.36
5.38
5.04
% Of Sales
-
1.27%
0.87%
0.85%
1.27%
1.41%
3.18%
3.10%
3.86%
3.04%
3.04%
Selling & Distn. Exp.
-
82.51
40.30
34.26
43.22
38.22
10.36
12.80
9.98
10.14
9.74
% Of Sales
-
7.24%
5.36%
4.45%
4.63%
5.98%
6.54%
6.19%
5.23%
5.74%
5.87%
Miscellaneous Exp.
-
18.34
13.37
16.00
23.69
14.46
0.28
0.25
0.78
0.45
9.74
% Of Sales
-
1.61%
1.78%
2.08%
2.54%
2.26%
0.18%
0.12%
0.41%
0.25%
0.25%
EBITDA
241.65
208.64
128.66
132.18
179.83
129.99
22.65
31.98
36.79
33.64
29.24
EBITDA Margin
18.30%
18.31%
17.11%
17.18%
19.25%
20.35%
14.30%
15.46%
19.27%
19.03%
17.61%
Other Income
11.58
14.23
17.73
18.57
15.86
12.14
7.13
7.56
5.98
5.72
4.11
Interest
28.38
27.73
32.13
38.30
31.58
13.49
6.35
9.00
4.38
4.04
2.99
Depreciation
71.47
67.77
64.58
59.56
58.07
46.44
11.60
16.39
18.17
16.73
14.15
PBT
154.86
127.38
49.67
52.89
106.03
82.20
11.82
14.14
20.22
18.58
16.20
Tax
35.78
37.86
5.57
11.19
27.21
13.58
1.41
3.98
5.80
4.67
4.37
Tax Rate
23.10%
29.38%
10.79%
21.07%
25.66%
18.31%
11.93%
28.15%
28.68%
25.13%
26.98%
PAT
119.07
91.00
46.06
41.92
78.84
60.60
10.42
10.17
14.43
13.91
11.83
PAT before Minority Interest
119.07
91.00
46.06
41.92
78.84
60.60
10.42
10.17
14.43
13.91
11.83
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
9.02%
7.99%
6.12%
5.45%
8.44%
9.49%
6.58%
4.92%
7.56%
7.87%
7.13%
PAT Growth
22.77%
97.57%
9.88%
-46.83%
30.10%
481.57%
2.46%
-29.52%
3.74%
17.58%
 
EPS
49.41
37.76
19.11
17.39
32.71
25.15
4.32
4.22
5.99
5.77
4.91

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 10
Mar 09
Mar 08
Mar 07
Mar 06
Shareholder's Funds
559.55
487.16
455.00
427.26
362.60
103.72
95.42
87.42
76.53
64.73
Share Capital
24.14
24.14
24.14
24.14
12.07
12.07
12.07
6.04
6.04
6.04
Total Reserves
535.41
463.02
430.86
403.12
350.53
91.65
83.35
81.39
70.49
58.70
Non-Current Liabilities
378.13
327.80
367.48
433.74
185.16
121.52
118.63
110.29
68.51
70.60
Secured Loans
346.19
297.32
334.70
396.29
168.26
114.34
111.35
96.53
54.21
60.54
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
7.22
8.74
4.04
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
488.21
441.11
311.41
357.02
305.20
16.86
10.31
22.39
14.67
13.97
Trade Payables
112.62
101.34
79.29
57.94
66.03
13.34
5.27
13.93
7.45
7.86
Other Current Liabilities
89.27
83.80
75.48
57.70
41.26
0.00
0.00
0.00
0.00
0.00
Short Term Borrowings
245.84
235.02
156.64
234.29
175.90
0.00
0.00
0.00
0.00
0.00
Short Term Provisions
40.48
20.95
0.00
7.09
22.01
3.52
5.04
8.45
7.23
6.11
Total Liabilities
1,425.89
1,256.07
1,133.89
1,218.02
852.96
242.10
224.36
220.10
159.71
149.30
Net Block
708.17
675.44
712.39
651.18
405.85
129.95
112.76
100.65
82.03
68.40
Gross Block
1,407.20
1,308.50
1,252.74
1,132.09
828.87
268.61
240.81
212.32
176.10
146.07
Accumulated Depreciation
699.03
633.07
540.36
480.91
423.02
138.66
128.06
111.67
94.08
77.67
Non Current Assets
795.44
738.07
775.87
718.10
453.69
152.05
137.97
122.67
93.52
77.88
Capital Work in Progress
36.38
17.47
12.71
39.19
27.37
21.98
25.11
21.91
11.38
9.36
Non Current Investment
22.29
3.29
3.29
3.29
2.71
0.11
0.11
0.11
0.11
0.11
Long Term Loans & Adv.
21.73
34.50
30.60
15.58
12.14
0.00
0.00
0.00
0.00
0.00
Other Non Current Assets
6.88
7.37
16.89
8.85
5.62
0.00
0.00
0.00
0.00
0.00
Current Assets
630.44
518.00
358.02
499.92
399.28
90.05
86.38
97.43
66.19
71.42
Current Investments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
203.80
178.90
135.89
194.69
126.92
30.54
40.68
42.61
27.06
32.05
Sundry Debtors
156.85
115.54
20.75
90.32
62.57
28.93
16.70
18.26
16.21
16.78
Cash & Bank
226.55
187.87
175.79
172.08
164.29
6.09
0.88
0.97
0.80
0.35
Other Current Assets
43.24
27.11
23.59
40.68
45.50
24.48
28.12
35.59
22.12
22.24
Short Term Loans & Adv.
16.32
8.57
2.00
2.15
16.85
11.31
10.00
23.24
18.30
17.84
Net Current Assets
142.23
76.89
46.61
142.90
94.08
73.20
76.08
75.04
51.51
57.46
Total Assets
1,425.88
1,256.07
1,133.89
1,218.02
852.97
242.10
224.35
220.10
159.71
149.30

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 10
Mar 09
Mar 08
Mar 07
Mar 06
Cash From Operating Activity
151.27
20.35
282.81
27.00
4.28
26.76
23.16
6.05
33.63
9.70
PBT
128.86
51.63
53.11
106.06
74.17
11.82
14.14
20.46
18.64
16.27
Adjustment
85.12
80.68
81.42
74.42
48.14
16.62
24.33
21.74
19.82
17.08
Changes in Working Capital
-35.99
-106.82
157.43
-127.59
-99.01
8.06
1.18
-24.63
6.50
-14.83
Cash after chg. in Working capital
177.99
25.49
291.95
52.88
23.30
36.51
39.65
17.57
44.97
18.52
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-26.72
-5.15
-9.14
-25.88
-19.02
-1.45
-4.20
-5.21
-5.37
-3.86
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
-2.14
-3.53
-2.12
-2.05
-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
-125.56
-11.43
-77.86
-300.57
-85.78
-14.83
-41.00
-37.95
-26.35
-11.68
Net Fixed Assets
-111.30
-30.10
-87.48
-288.98
-491.99
-24.67
-31.69
-47.30
-32.07
-22.69
Net Investments
-28.00
0.00
0.00
-0.58
-3.99
0.00
0.00
0.00
0.00
0.00
Others
13.74
18.67
9.62
-11.01
410.20
9.84
-9.31
9.35
5.72
11.01
Cash from Financing Activity
13.27
3.29
-201.79
281.36
111.77
-6.71
17.76
32.07
-6.83
0.92
Net Cash Inflow / Outflow
38.99
12.20
3.16
7.78
30.26
5.21
-0.09
0.16
0.46
-1.06
Opening Cash & Equivalents
187.03
174.82
171.64
164.29
134.03
0.88
0.97
0.80
0.35
1.41
Closing Cash & Equivalent
226.01
187.03
174.80
172.08
164.29
6.09
0.88
0.97
0.80
0.35

Financial Ratios

Consolidated /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 10
Mar 09
Mar 08
Mar 07
Mar 06
Book Value (Rs.)
231.79
201.80
188.48
176.99
150.20
42.97
39.53
36.21
31.70
26.81
ROA
6.79%
3.85%
3.56%
7.61%
11.07%
4.47%
4.58%
7.60%
9.01%
8.39%
ROE
17.39%
9.78%
9.50%
19.96%
25.99%
10.46%
11.12%
17.60%
19.70%
19.77%
ROCE
13.37%
7.89%
8.56%
14.78%
18.16%
8.56%
11.63%
14.88%
16.83%
16.21%
Fixed Asset Turnover
0.84
0.59
0.65
0.95
1.16
0.62
0.91
0.98
1.10
1.24
Receivable days
43.62
33.07
26.35
29.87
26.15
52.57
30.85
32.95
34.05
34.93
Inventory Days
61.29
76.39
78.44
62.83
45.00
82.04
73.50
66.58
61.01
70.96
Payable days
77.35
96.06
36.81
28.70
26.80
24.27
18.87
22.48
17.89
27.23
Cash Conversion Cycle
27.56
13.39
67.98
64.01
44.34
110.34
85.48
77.05
77.16
78.66
Total Debt/Equity
1.22
1.26
1.24
1.61
1.06
1.10
1.17
1.19
0.82
1.00
Interest Cover
5.65
2.61
2.39
4.36
6.50
2.86
2.57
5.62
5.60
6.41

News Update:


  • MM Forgings - Quarterly Results
    14th Nov 2022, 17:13 PM

    Read More
  • MM Forgings to make strategic investment in Abhinava Rizel
    1st Sep 2022, 14:49 PM

    M M Forgings, a publicly-traded global player in forgings, is investing in start-up to produce EV powertrain components

    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.