MM Forgings Ltd (MMFL) Financials - Quarterly Results, Profit & Loss, Balance Sheet, Cash Flow MM Forgings Ltd reported sales of ₹420 Cr, operating profit of ₹75 Cr (OPM 18%) and net profit of ₹90 Cr for the quarter ended Jun 2026. Figures in ₹ crore, consolidated where available.
MMFL quarterly results (₹ Cr) Metric Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sales 398 374 371 362 385 414 430 420 Expenses 321 301 298 298 318 344 349 346 Operating Profit 77 73 73 63 67 69 81 75 OPM 19% 20% 20% 18% 17% 17% 19% 18% Other Income 7 4 6 8 4 3 1 63 Interest 16 15 14 18 21 20 18 16 Depreciation 23 23 26 25 24 26 28 30 Profit before tax 45 39 40 28 25 26 35 91 Tax 29% 31% 17% 31% 34% 33% -26% 1% Net Profit 32 27 33 19 17 18 45 90 EPS in Rs 6.61 5.5 6.89 3.97 3.43 3.64 9.27 18.73
MMFL profit & loss, annual (₹ Cr) Metric Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM Sales 1,140 1,462 1,563 1,525 1,590 1,649 Expenses 931 1,189 1,270 1,229 1,310 1,357 Operating Profit 209 273 293 296 280 292 OPM 18% 19% 19% 19% 18% 18% Other Income 16 12 22 23 16 70 Interest 28 30 42 60 78 76 Depreciation 68 79 83 93 103 108 Profit before tax 129 177 189 166 115 178 Tax 29% 28% 29% 26% 14% - Net Profit 91 128 135 123 99 169 EPS in Rs 18.84 26.49 27.96 25.52 20.44 35.07 Dividend Payout 16% 11% 14% 16% 20% -
MMFL balance sheet (₹ Cr) Metric Mar 2023 Mar 2024 Mar 2025 Sep 2025 Mar 2026 Equity Capital 24 24 48 48 48 Reserves 649 765 845 879 927 Borrowings 756 931 1,185 1,216 1,235 Other Liabilities 232 249 271 340 286 Total Liabilities 1,661 1,969 2,350 2,483 2,496 Fixed Assets 804 914 964 1,077 1,101 CWIP 63 124 383 310 335 Investments 22 23 4 4 10 Other Assets 772 908 998 1,092 1,051 Total Assets 1,661 1,969 2,350 2,483 2,496
MMFL cash flows (₹ Cr) Metric Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Cash from Operating Activity 150 160 149 182 228 Cash from Investing Activity -126 -187 -232 -358 -182 Cash from Financing Activity 14 16 77 185 -38 Net Cash Flow 39 -10 -6 8 8 Free Cash Flow 40 -40 -102 -221 40 CFO/OP 85% 74% 62% 81% 87%
MMFL ratios Metric Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Debtor Days 50 49 64 85 96 Inventory Days 147 163 176 188 171 Days Payable 79 89 82 95 103 Cash Conversion Cycle 118 123 158 178 165 Working Capital Days -25 -25 -20 -14 -18 ROCE 14% 15% 15% 12% 9%