Is M M Forgings Ltd debt-free?

No, M M Forgings Ltd is not debt-free with a debt-to-equity ratio of 0.72.

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M M Forgings Ltd

M M Forgings Ltd Financials

M M Forgings Ltd Financial Statement

M M Forgings Ltd Income Statement

Quarterly

Annual

*All values are in Rs. Cr

Particulars	Mar 2025	Dec 2024	Sep 2024
Revenue	363.06	370.14	397.91
Operating Expense	282.36	290.92	312.57
Net Profit	36.22	31.67	35.93
Net Profit Margin	9.98	8.56	9.03
Earning Per Share	7.51	6.57	7.44
EBIDTA	78.20	77.22	83.34
Effective Tax Rate	5.17	12.62	12.89

Particulars	Mar 2025
Revenue	363.06
Operating Expense	282.36
Net Profit	36.22
Net Profit Margin	9.98
Earning Per Share	7.51
EBIDTA	78.20
Effective Tax Rate	5.17

M M Forgings Ltd Profit & Loss

*All values are in Rs. Cr

Standalone

Consolidated

Particulars	Mar 2024	Mar 2023	Mar 2022
Total Revenue Annual	1,527.08	1,412.78	1,104.64
Operating Expenses Annual	1,238.69	1,154.32	902.91
Operating Profit Annual	314.48	274.86	220.31
Interest Annual	42.56	29.57	27.31
Depreciation	72.49	69.35	60.11
Net Profit Annual	145.46	126.40	91.76
Tax Annual	53.96	49.55	41.14

Particulars	Mar 2024
Total Revenue Annual	1,527.08
Operating Expenses Annual	1,238.69
Operating Profit Annual	314.48
Interest Annual	42.56
Depreciation	72.49
Net Profit Annual	145.46
Tax Annual	53.96

M M Forgings Ltd Cash Flow

*All values are in Rs. Cr

Standalone

Consolidated

Particulars	Mar 2024	Mar 2023	Mar 2022
Cash Flow at the Beginning	202.35	225.10	186.02
Cash Flow from Operations	144.55	116.22	147.28
Cash Flow from Investing	-201.28	-160.40	-126.01
Cash Flow from Financing	63.07	21.44	16.71
Cash Flow at the End	208.70	202.35	224.01

Particulars	Mar 2024
Cash Flow at the Beginning	202.35
Cash Flow from Operations	144.55
Cash Flow from Investing	-201.28
Cash Flow from Financing	63.07
Cash Flow at the End	208.70

M M Forgings Ltd Key Ratios

*All values are in Rs. Cr

Standalone

Consolidated

Particulars	Mar 2024	Mar 2023	Mar 2022
PBDIT Margin (%)	20.59	19.46	19.94
PBIT Margin (%)	15.85	14.55	14.50
PBT Margin (%)	15.48	14.06	13.97
Net PROFIT Margin (%)	9.53	8.95	8.31
Return On Networth / Equity (%)	19.31	19.94	17.02
Return On Networth /Employed (%)	15.11	15.14	13.93
Return On Assets (%)	9.05	9.30	7.97
Total Debt / Equity (X)	1.12	1.13	1.12
Asset Turnover Ratio (%)	0.95	1.04	0.96

Particulars	Mar 2024
PBDIT Margin (%)	20.59
PBIT Margin (%)	15.85
PBT Margin (%)	15.48
Net PROFIT Margin (%)	9.53
Return On Networth / Equity (%)	19.31
Return On Networth /Employed (%)	15.11
Return On Assets (%)	9.05
Total Debt / Equity (X)	1.12
Asset Turnover Ratio (%)	0.95

M M Forgings Ltd Balance Sheet

*All values are in Rs. Cr

Standalone

Consolidated

Particulars	Mar 2024	Mar 2023	Mar 2022
Fixed Assets Annual	817.53	718.61	649.83
Total Current Assets Annual	868.46	736.47	614.62
Non Current Assets Annual	1,127.47	936.94	824.53
Total Shareholders Funds Annual	816.33	690.18	577.64
Total Assets Annual	1,995.93	1,673.40	1,439.14

Particulars	Mar 2024
Fixed Assets Annual	817.53
Total Current Assets Annual	868.46
Non Current Assets Annual	1,127.47
Total Shareholders Funds Annual	816.33
Total Assets Annual	1,995.93

M M Forgings Ltd Earning Calls

EPS (INR)

Expected

6.90

Reported

6.90

Surprise

0.00%

Dec 2024

EPS beaten by 0.00%

Sep 2024

EPS beaten by 0.00%

Jun 2024

EPS beaten by 0.00%

Dividend Pages

PE Ratio

FAQS on M M Forgings Ltd Financials

As of Jun 5, 2025, M M Forgings Ltd has a market capitalization of 1,642.78 Cr. Value Research classifies it as a Small-Cap company.

Yes, M M Forgings Ltd is not with a debt-to-equity ratio of 0.72.

In FY 2024 , M M Forgings Ltd recorded a total revenue of approximately 1,462.71 Cr marking a significant milestone in the company's financial performance.

M M Forgings Ltd's Future outlook anticipates robust growth, with forecasted earnings and revenue rising approximately -0.1% and 0.0% annually, respectively..

M M Forgings Ltd's current PE ratio is 12.06.

M M Forgings Ltd's ROCE averaged 14.1% from the FY ending March 2023 to 2025, with a median of 14.8%. It peaked at 15.2% in March 2023, reflecting strong capital efficiency over the period..

M M Forgings Ltd's latest EBIT is Rs. 241.21 Cr, surpassing the average EBIT of Rs. 229.25 Cr over the 5 years..