Annual Results Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
1,589.87
1,525.18
1,563.07
1,461.88
1,122.97
751.93
758.52
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,589.87
1,525.18
1,563.07
1,461.88
1,122.97
751.93
758.52
Raw Material Cost
637.57
660.92
777.56
744.24
525.06
327.43
326.38
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
75.06
1.03
-60.32
-60.16
-20.53
15.55
17.83
Employee Cost
176.76
162.18
150.25
139.85
124.38
86.41
89.18
Power Cost
148.19
137.60
147.40
128.35
95.41
72.99
73.23
Manufacturing Expenses
-0.01
0.00
0.00
0.00
0.00
0.01
0.01
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
272.32
267.37
255.34
236.75
206.66
120.88
119.70
Total Expenditure (Excl Depreciation)
1,309.89
1,229.10
1,270.23
1,189.03
930.98
623.27
626.33
Operating Profit (PBDIT) excl Other Income
279.98
296.08
292.84
272.85
191.99
128.66
132.19
Other Income
15.61
22.65
20.49
12.04
30.90
17.73
13.33
Operating Profit (PBDIT)
295.59
318.73
313.33
284.89
222.89
146.39
145.52
Interest
78.20
59.79
42.56
29.57
27.73
32.13
33.05
Exceptional Items
0.00
0.00
0.00
0.00
0.00
1.96
0.21
Gross Profit (PBDT)
217.39
258.94
270.77
255.32
195.16
116.22
112.68
Depreciation
103.12
93.26
82.81
78.81
67.77
64.58
59.56
Profit Before Tax
114.27
165.68
187.95
176.51
127.38
51.63
53.11
Tax
16.15
43.87
54.45
49.01
17.85
5.57
11.19
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
98.12
121.81
133.49
127.50
109.53
46.06
41.92
Extraordinary Items
0.55
0.06
1.30
0.45
1.47
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
98.67
121.86
134.80
127.95
111.00
46.06
41.92
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
98.67
121.86
134.80
127.95
111.00
46.06
41.92
Equity Capital
48.28
48.28
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
929.49
843.80
764.59
648.87
0.00
463.02
430.86
Earnings per share (EPS)
20.44
25.24
27.92
26.5
45.98
19.08
17.37
Diluted Earnings per share
20.44
25.24
27.92
53.0
45.98
19.35
17.37
Operating Profit Margin (Excl OI)
17.8%
19.6%
18.93%
18.85%
17.1%
17.44%
17.81%
Gross Profit Margin
13.82%
17.14%
17.5%
17.64%
17.38%
15.75%
15.18%
PAT Margin
6.24%
8.06%
8.63%
8.81%
9.75%
6.24%
5.65%
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 2026 is 4.24% vs -2.42% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is -19.03% vs -9.60% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is -5.44% vs 1.11% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 30.79% vs 40.48% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has fallen from Mar 2025
Compare Annual Results Of MM Forgings With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
1,589.87
1,156.50
433.37
37.47%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,589.87
1,156.50
433.37
37.47%
Raw Material Cost
637.57
703.90
-66.33
-9.42%
Purchase of Finished goods
0.00
0.00
0.00
(Increase) / Decrease In Stocks
75.06
-0.45
75.51
16,780.00%
Employee Cost
176.76
54.58
122.18
223.85%
Power Cost
148.19
0.00
148.19
Manufacturing Expenses
-0.01
0.00
-0.01
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
272.32
258.52
13.80
5.34%
Total Expenditure (Excl Depreciation)
1,309.89
1,016.55
293.34
28.86%
Operating Profit (PBDIT) excl Other Income
279.98
139.95
140.03
100.06%
Other Income
15.61
5.77
9.84
170.54%
Operating Profit (PBDIT)
295.59
145.72
149.87
102.85%
Interest
78.20
28.43
49.77
175.06%
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
217.39
117.29
100.10
85.34%
Depreciation
103.12
28.20
74.92
265.67%
Profit Before Tax
114.27
89.09
25.18
28.26%
Tax
16.15
18.98
-2.83
-14.91%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
98.12
70.11
28.01
39.95%
Extraordinary Items
0.55
0.00
0.55
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
98.67
70.11
28.56
40.74%
Share in Profit of Associates
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
98.67
70.11
28.56
40.74%
Equity Capital
48.28
10.15
38.13
375.67%
Face Value
10.00
2.00
0.00
Reserves
929.49
640.29
289.20
45.17%
Earnings per share (EPS)
20.44
13.81
6.63
48.01%
Diluted Earnings per share
20.44
13.81
6.63
48.01%
Operating Profit Margin (Excl OI)
17.80%
12.10%
0.00
5.70%
Gross Profit Margin
13.82%
10.14%
0.00
3.68%
PAT Margin
6.24%
6.06%
0.00
0.18%
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 1,589.87 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 4.24% vs -2.42% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 98.67 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -19.03% vs -9.60% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 279.98 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -5.44% vs 1.11% in Mar 2025
Annual - Interest
Interest 78.20 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 30.79% vs 40.48% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 17.80%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has fallen from Mar 2025
