MM Forgings Limited
M M Forgings Limited is engaged in the business of manufacturing Steel Forgings in raw, semi-machined and fully machined stages in various grades of Carbon, Alloy, Micro-Alloy and Stainless Steels.
What MM files
- Others68
- Investor Meet20
- Important12
- Board Meeting10
- JV/Acquisition6
- Dividend/Bonus4
MM Forgings Q1FY27 revenue rose 16%, EBITDA 16%, and PBT 30%. PAT soared 373% due to a ₹56.25 Cr land sale gain. The company focuses on Passenger Vehicles and Off-Highway segments, with a new 16,500-tonne press set to enhance export capabilities.
MM Forgings' FY26 revenue reached ₹1,570 Cr, EBITDA ₹300.37 Cr, marking a strong third year. Q4 revenue rose 15% YoY; domestic sales grew 9.5%. The company shifts to 100% green energy, projecting enhanced profitability from FY27. An interim dividend of ₹4/share was announced.
MM Forgings has announced a board meeting on 27 May 2026 to approve quarter and year financial results and consider dividend declaration. Investors eye potential payout.