MM Forgings Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis
MM Forgings Ltd. is a leading manufacturer of high-quality automotive components and is recognized as one of the top forging companies in India. With a strong focus on technology and innovation, the company has been supplying forged and machined components to various industries including automotive, railways, and defense.
MM Forgings Ltd. - Share Price
Stay updated with the latest share price of MM Forgings Ltd. Our website provides a user-friendly interface to track the real-time stock prices. Our pre-built screening tools can help you analyze historical trends and make informed investment decisions.
MM Forgings Ltd. - Balance Sheet
Access the balance sheet of MM Forgings Ltd. on our website. Our platform offers downloadable annual reports, which provide insights into the company's financial health. Utilize our premium features such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis to calculate fair value and evaluate long-term investment potential.
MM Forgings Ltd. - Annual Report
Download the annual reports of MM Forgings Ltd. from our website. These reports offer a comprehensive view of the company's performance over the years. Gain valuable insights into the management's strategy, financial results, and future outlook to make well-informed investment decisions.
MM Forgings Ltd. - Dividend
Stay updated with the dividend announcements of MM Forgings Ltd. Our website provides the latest dividend information, enabling long-term investors to assess the company's dividend-paying track record.
MM Forgings Ltd. - Quarterly Results
Access the quarterly results of MM Forgings Ltd. on our website. Analyze the company's financial performance over different quarters to evaluate its growth trajectory. Utilize our premium features to delve deeper into the numbers and gain a comprehensive understanding of the company's financials.
MM Forgings Ltd. - Stock Price
Monitor the stock price of MM Forgings Ltd. on our website. Stay informed about the market movements and price trends. Make use of our pre-built screening tools to analyze historical data and identify potential investment opportunities.
MM Forgings Ltd. - Price Chart
Track the price movements of MM Forgings Ltd. through interactive price charts available on our website. Our intuitive charts enable users to identify patterns, trends, and support and resistance levels, aiding in making informed investment decisions.
MM Forgings Ltd. - News
Access the latest news and updates related to MM Forgings Ltd. on our website. Stay informed about the company's developments, industry trends, and market news. Utilize this information to stay ahead of the curve and make well-informed investment decisions.
MM Forgings Ltd. - Concall Transcripts
Obtain the concall transcripts of MM Forgings Ltd. from our website. These transcripts capture the management's discussions and insights during conference calls with analysts. Gain valuable insights into the company's operations, strategy, and outlook.
MM Forgings Ltd. - Investor Presentations
Download investor presentations of MM Forgings Ltd. from our website. These presentations provide a detailed overview of the company's performance, growth prospects, and future plans. Stay up-to-date with the company's latest developments and evaluate investment opportunities.
MM Forgings Ltd. - Promoters
The promoters of MM Forgings Ltd. have played a key role in establishing the company as a leading player in the forging industry. Learn more about the promoters and their contributions to the company's growth and success.
MM Forgings Ltd. - Shareholders
Explore the shareholder base of MM Forgings Ltd. and understand the ownership structure. Gain insights into the major stakeholders and their influence on the company's decision-making process. Stay informed about any changes in the shareholding pattern.
At our website, we provide comprehensive tools and information for long-term stock investors seeking in-depth stock analysis. Stay updated with the latest stock prices, access annual reports, concall transcripts, investor presentations, and news. Leverage our pre-built screening tools and premium features for fair value calculations and financial analysis. Make well-informed investment decisions based on reliable data and insights. Visit our website for a seamless and secure investing experience.
MM Forgings Reserves Growth
MM Forgings has displayed a steadfast increase in its total reserves over a four-year period. As of March 2020, total reserves stood at Rs 444.16 Cr., which saw a consistent rise reaching Rs 792.19 Cr. by March 2024. This progressive growth indicates a strengthening in the company's retained earnings and indicates potential for reinvestment into business operations.
MM Forgings Balance Sheet Analysis
Analyzing the balance sheet of MM Forgings, there has been a significant rise in total liabilities from Rs 1,139.60 Cr. in March 2020 to Rs 1,995.93 Cr. by March 2024. This indicates a gradual expansion in the company’s financial obligations, although it should be noted that this expansion may support growth and operational scale-up.
MM Forgings Debt Management
Between March 2020 and March 2024, MM Forgings has managed its borrowings prudently, although there has been a fluctuation. The borrowings marginally decreased in March 2021 to Rs 297.32 Cr., subsequently rising and then being reported at Rs 387.02 Cr. in March 2024. This showcases a careful approach to leveraging and financial management.
MM Forgings Asset Base Expansion
The asset composition of MM Forgings has evolved with a robust increase in net block from Rs 652.91 Cr. in March 2020 to Rs 817.53 Cr. in March 2024. Capital WIP (Work in Progress) has also witnessed a considerable jump to Rs 112.07 Cr. in March 2024, reflecting ongoing investment in the company's capabilities and potential future growth.
This data presents an analysis for the Standalone Balance sheet of MM Forgings. The evaluation indicates a company on an expansionary path, bolstering assets, and managing liabilities in a dynamic market environment.
On a related note, the information provided might serve as a valuable input for investors looking at industry trends within the forging sector or considering diversification of their portfolio across NSE BSE indices.