Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Mar'19
Net Sales
1,525.18
1,563.07
1,461.88
1,122.97
751.93
758.52
934.11
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,525.18
1,563.07
1,461.88
1,122.97
751.93
758.52
934.11
Raw Material Cost
660.92
777.56
744.24
525.06
327.43
326.38
455.40
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
1.03
-60.32
-60.16
-20.53
15.55
17.83
-37.95
Employee Cost
162.18
150.25
139.85
124.38
86.41
89.18
93.94
Power Cost
137.60
147.40
128.35
95.41
72.99
73.23
81.85
Manufacturing Expenses
0.00
0.00
0.00
0.00
0.01
0.01
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
267.37
255.34
236.75
206.66
120.88
119.70
161.19
Total Expenditure (Excl Depreciation)
1,229.10
1,270.23
1,189.03
930.98
623.27
626.33
754.43
Operating Profit (PBDIT) excl Other Income
296.08
292.84
272.85
191.99
128.66
132.19
179.68
Other Income
22.65
20.49
12.04
30.90
17.73
13.33
15.86
Operating Profit (PBDIT)
318.73
313.33
284.89
222.89
146.39
145.52
195.54
Interest
59.79
42.56
29.57
27.73
32.13
33.05
31.58
Exceptional Items
0.00
0.00
0.00
0.00
1.96
0.21
0.02
Gross Profit (PBDT)
258.94
270.77
255.32
195.16
116.22
112.68
163.98
Depreciation
93.26
82.81
78.81
67.77
64.58
59.56
57.93
Profit Before Tax
165.68
187.95
176.51
127.38
51.63
53.11
106.06
Tax
43.87
54.45
49.01
17.85
5.57
11.19
27.21
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
121.81
133.49
127.50
109.53
46.06
41.92
78.84
Extraordinary Items
0.06
1.30
0.45
1.47
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
121.86
134.80
127.95
111.00
46.06
41.92
78.84
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
121.86
134.80
127.95
111.00
46.06
41.92
78.84
Equity Capital
48.28
24.14
24.14
24.14
24.14
24.14
24.14
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
843.80
764.59
648.87
0.00
463.02
430.86
403.12
Earnings per share (EPS)
25.24
27.92
26.5
45.98
19.08
17.37
32.66
Diluted Earnings per share
25.24
27.92
53.0
45.98
19.35
17.37
32.66
Operating Profit Margin (Excl OI)
19.6%
18.93%
18.85%
17.1%
17.44%
17.81%
19.58%
Gross Profit Margin
17.14%
17.5%
17.64%
17.38%
15.75%
15.18%
17.87%
PAT Margin
8.06%
8.63%
8.81%
9.75%
6.24%
5.65%
8.59%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2025 is -2.42% vs 6.92% in Mar 2024
Consolidate Net Profit
YoY Growth in year ended Mar 2025 is -9.60% vs 5.35% in Mar 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2025 is 1.11% vs 7.33% in Mar 2024
Interest
YoY Growth in year ended Mar 2025 is 40.48% vs 43.93% in Mar 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2025 has improved from Mar 2024
Compare Annual Results Of MM Forgings With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
1,525.18
827.05
698.13
84.41%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,525.18
827.05
698.13
84.41%
Raw Material Cost
660.92
430.58
230.34
53.50%
Purchase of Finished goods
0.00
4.06
-4.06
-100.00%
(Increase) / Decrease In Stocks
1.03
-5.29
6.32
119.47%
Employee Cost
162.18
92.26
69.92
75.79%
Power Cost
137.60
0.00
137.60
Manufacturing Expenses
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
267.37
175.85
91.52
52.04%
Total Expenditure (Excl Depreciation)
1,229.10
697.46
531.64
76.23%
Operating Profit (PBDIT) excl Other Income
296.08
129.59
166.49
128.47%
Other Income
22.65
17.68
4.97
28.11%
Operating Profit (PBDIT)
318.73
147.27
171.46
116.43%
Interest
59.79
13.70
46.09
336.42%
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
258.94
133.57
125.37
93.86%
Depreciation
93.26
31.88
61.38
192.53%
Profit Before Tax
165.68
101.69
63.99
62.93%
Tax
43.87
25.00
18.87
75.48%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
121.81
76.69
45.12
58.83%
Extraordinary Items
0.06
0.00
0.06
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
121.86
76.69
45.17
58.90%
Share in Profit of Associates
0.00
17.74
-17.74
-100.00%
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
121.86
94.43
27.43
29.05%
Equity Capital
48.28
12.35
35.93
290.93%
Face Value
10.00
2.00
0.00
Reserves
843.80
0.00
843.80
Earnings per share (EPS)
25.24
15.29
9.95
65.08%
Diluted Earnings per share
25.24
15.30
9.94
64.97%
Operating Profit Margin (Excl OI)
19.60%
15.67%
0.00
3.93%
Gross Profit Margin
17.14%
16.15%
0.00
0.99%
PAT Margin
8.06%
11.42%
0.00
-3.36%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 1,525.18 Cr
in Mar 2025Figures in Cr
YoY Growth in year ended Mar 2025 is -2.42% vs 6.92% in Mar 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 121.86 Cr
in Mar 2025Figures in Cr
YoY Growth in year ended Mar 2025 is -9.60% vs 5.35% in Mar 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 296.08 Cr
in Mar 2025Figures in Cr
YoY Growth in year ended Mar 2025 is 1.11% vs 7.33% in Mar 2024
Annual - Interest
Interest 59.79 Cr
in Mar 2025Figures in Cr
YoY Growth in year ended Mar 2025 is 40.48% vs 43.93% in Mar 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 19.60%
in Mar 2025Figures in %
YoY Growth in year ended Mar 2025 has improved from Mar 2024






