M M Forgings Ltd

MM Forgings Ltd is engaged in the manufacture of Steel Forgings.

  • Market Cap: 969.01 Cr.
  • Current Price: 401.40
  • 52 weeks High / Low 589.90 / 302.00
  • Book Value: 188.40
  • Stock P/E: 17.67
  • Dividend Yield: 1.25 %
  • ROCE: 14.75 %
  • ROE: 19.96 %
  • Sales Growth (3Yrs): %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 10.00
Pros:
Cons:
Company might be capitalizing the interest cost

Peer Comparison Sector: Castings, Forgings & Fastners // Industry: Castings & Forgings

Loading peers table ...

Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
221 231 253 243 224 189 188
179 186 205 198 182 154 156
Operating Profit 43 45 48 45 42 34 32
OPM % 19% 19% 19% 18% 19% 18% 17%
Other Income 3 3 6 5 3 5 5
Interest 11 7 10 10 11 11 8
Depreciation 15 15 15 14 15 14 14
Profit before tax 20 27 29 25 19 15 15
Tax % 19% 23% 21% 34% 21% 18% 24%
Net Profit 16 21 23 16 15 12 11
EPS in Rs 5.72 8.61 9.58 6.90 6.20 5.05 4.69
Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2018 Mar 2019 TTM
166 177 191 207 158 639 934 844
137 143 154 175 136 509 754 691
Operating Profit 29 34 37 32 23 130 180 153
OPM % 18% 19% 19% 15% 14% 20% 19% 18%
Other Income 4 6 6 8 7 4 16 18
Interest 3 4 4 9 6 13 32 40
Depreciation 14 17 18 16 12 46 58 56
Profit before tax 16 19 20 14 12 74 106 74
Tax % 27% 25% 29% 28% 12% 18% 26%
Net Profit 12 14 14 10 10 61 79 55
EPS in Rs 4.79 5.62 5.75 4.09 4.20 25.14 32.66 22.84
Dividend Payout % 15% 13% 21% 18% 17% 20% 15%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:16.27%
5 Years:%
3 Years:%
TTM:46.26%
Compounded Profit Growth
10 Years:22.72%
5 Years:%
3 Years:%
TTM:17.59%
Stock Price CAGR
10 Years:29.45%
5 Years:3.35%
3 Years:19.82%
1 Year:-23.04%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:19.96%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2018 Mar 2019 Sep 2019
6 6 6 12 12 12 24 24
Reserves 59 70 81 83 92 351 403 431
Borrowings 65 63 104 111 114 385 691 610
20 21 29 18 24 90 102 161
Total Liabilities 149 160 220 224 242 838 1,221 1,226
68 82 101 113 130 406 651 711
CWIP 9 11 22 25 22 27 39 0
Investments 0 0 0 0 0 3 3 3
71 67 97 86 90 402 527 512
Total Assets 149 160 220 224 242 838 1,221 1,226

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2018 Mar 2019
10 34 6 23 27 4 65
-12 -26 -38 -41 -15 -86 -301
1 -7 32 18 -7 112 244
Net Cash Flow -1 0 0 -0 5 30 8

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2018 Mar 2019
ROCE % 17% 15% 12% 9% 15%
Debtor Days 37 33 35 29 67 36 35
Inventory Turnover 5.98 5.48 4.97 4.45 5.81