M M Forgings Ltd


BSE: 522241 | NSE: MMFL | ISIN: INE227C01017 
Market Cap: [Rs.Cr.] 98 | Face Value: [Rs.] 10
Industry: Castings & Forgings

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Profit & Loss

(Rs. in Crores)
ParticularsMar-12Mar-11Mar-10Mar-09Mar-08Mar-07
INCOME :      
Sales Turnover 350.23272.12164.43213.54196.18181.28
Excise Duty0.000.000.000.000.040.01
Net Sales350.23272.12164.43213.54196.14181.27
Other Income 7.359.861.140.830.760.91
Stock Adjustments 18.2714.85-4.51-1.716.230.00
Total Income375.85296.83161.06212.66203.13182.18
EXPENDITURE :      
Raw Materials 165.26113.0869.4397.6487.9082.09
Power & Fuel Cost44.8634.3717.4622.7720.7518.43
Employee Cost 27.7027.4215.5216.5914.5811.18
Other Manufacturing Expenses 33.3526.6811.6814.8317.3413.74
Selling and Administration Expenses 29.7025.8816.9420.9718.7716.80
Miscellaneous Expenses 7.185.910.260.240.420.37
Less: Pre-operative Expenses Capitalised0.000.000.000.000.000.00
Total Expenditure308.05233.34131.29173.04159.76142.61
Operating Profit67.8063.4929.7739.6243.3739.57
Interest 6.155.626.359.014.384.04
Gross Profit61.6557.8723.4230.6138.9935.53
Depreciation23.0919.8111.6016.3918.1716.72
Profit Before Tax38.5638.0611.8214.2220.8218.81
Tax9.897.291.503.224.985.06
Fringe Benefit tax0.000.000.000.050.080.12
Deferred Tax1.921.04-0.100.730.97-0.45
Reported Net Profit26.7529.7310.4210.2214.7914.08
Extraordinary Items 5.427.510.700.000.000.00
Adjusted Net Profit21.3322.229.7210.2214.7914.08
Adjst. below Net Profit 0.000.000.000.000.000.00
P & L Balance brought forward6.150.642.342.232.973.01
Statutory Appropriations 0.000.000.000.000.000.00
Appropriations 26.2124.2212.1210.1115.5314.12
P & L Balance carried down6.696.150.642.342.232.97
Dividend3.623.621.811.813.021.81
Preference Dividend0.000.000.000.000.000.00
Equity Dividend %30.0030.0015.0015.0050.0030.00
Earnings Per Share-Unit Curr21.6724.138.388.2223.6422.80
Earnings Per Share(Adj)-Unit Curr21.6724.138.388.2211.8211.40
Book Value-Unit Curr125.80107.1286.0379.15144.77126.13

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Bharat Forge 5,407.94 15.93 2.52 9.77 19.6 20.0 0.83
AIA Engg. 2,753.09 18.09 2.87 13.57 16.8 24.5 0.02
Electrost.Cast. 593.14 6.09 0.33 12.94 0.7 2.8 0.96
Jayaswal Neco 452.93 12.31 0.25 5.94 5.5 10.3 1.47
Mahindra Forg. 425.36 16.31 0.49 15.53 0.8 1.8 0.12
Ahmednagar Forg. 385.88 2.97 0.52 3.71 17.8 18.6 0.86
Ramkrishna Forg. 252.23 22.88 0.88 5.03 14.2 15.6 1.10
Nelcast 155.73 8.10 0.64 2.70 20.2 24.2 0.39
Hinduja Foundrie 104.72 0.00 -0.52 0.00 0.0 0.0 5.75
M M Forgings 98.13 5.14 0.65 3.89 15.2 13.2 1.01
Steelcast 71.51 3.64 0.89 3.67 26.9 25.3 1.43
KIC Metaliks 55.84 15.92 1.23 15.17 7.1 4.2 2.07
Tayo Rolls 45.14 0.00 -1.14 0.00 0.0 0.0 2.40
Kalyani Forge 43.35 4.91 0.43 2.92 15.8 18.6 0.85
Sanghvi Forg. 33.82 7.18 0.57 9.01 12.3 12.7 0.71

Futures & Options Quote

 
Expiry Date
NA
Instrument: NA
Expiry Date: NA
Strike Price: NA
Open Price: NA
Average Price: NA
No. of Contracts Traded: NA
Open Interest: NA
Underlying: NA
Option Type: NA
Market Lot: NA
Previous Close: NA
Day’s High | Low: NA | NA
Turnover (Cr.): NA
Open Int. Change: NA | NA
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Key Information

Key Executives:

N Srinivasan , Chairman 

V Vaidyanathan , Director 

Vidyashankar Krishnan , Vice Chairman & M.D. 

K Venkatramanan , Joint Managing Director 


Company Head Office / Quarters:
95 Anna Salai,
Guindy,
Chennai,
Tamil Nadu-600032
Phone : 91-44-22352153
Fax : 91-44-22352160
E-mail : mmforge@mmforgings.com
Web : http://www.mmforgings.com
Registrars:
Cameo Corporate Services Ltd
Subramanian Building
1ST Floor No 1
Club House Road
Chennai - 600002

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