MMFL
1 call
Concalls & earnings callsMM Forgings Limited
Every summarised call, newest first. Latest is Q1 FY27, held 17 Aug 2026.
Latest quarter
Q1 FY27 snapshot
Open full brief →Revenue grew 16% on strong domestic and U.S. CV demand, with a strategic push into high-value machining now comprising 67% of sales.
| Metric | This quarter | Change | Five-quarter trend |
|---|---|---|---|
| Total Net Sales | ₹427 Cr | 16% | |
| EBITDA | ₹82 Cr | 16% | |
| EBITDA Margin (ex-other income) | 18% | — | |
| PBT Growth (ex-asset sale) | 30% | 30% |
Latest guidance
- Target turnover of INR 1,800-1,900 Cr for FY27 (~18% growth).
- Machining mix expected to hover between 65%-68%.
- Sales volume target of 90,000+ tons for FY27, with a run-rate of 1 lakh tons.
- Gross debt to be maintained at ~INR 750 Cr.
- Capex planned at ~INR 150 Cr for the year.
- Long-term target of reaching INR 3,000 Cr revenue by FY30.
Said on the Q1 FY27 call.
Filed results
Reported quarterly history
From filed quarterly results. YoY and QoQ compare each metric on the same accounting basis.
| Quarter | Revenue | Net profit (PAT) | Basic EPS |
|---|---|---|---|
| Q3 FY25 | ₹374.09 Cr-6.2% YoY-6.1% QoQ | ₹26.55 Cr-20.8% YoY-16.8% QoQ | ₹5.50-60.4% YoY-16.8% QoQ |
| Q2 FY25 | ₹398.26 Cr+0.4% YoY+4.2% QoQ | ₹31.91 Cr-10% YoY+6% QoQ | ₹6.61-55% YoY-47% QoQ |
| Q1 FY25 | ₹382.19 Cr+3.2% YoY-3.8% QoQ | ₹30.11 Cr+3.8% YoY-18.2% QoQ | ₹12.47+3.8% YoY-18.2% QoQ |
| Q4 FY24 | ₹397.49 Cr+2.4% YoY-0.3% QoQ | ₹36.80 Cr+19.5% YoY+9.7% QoQ | ₹15.24+19.5% YoY+9.6% QoQ |
| Q3 FY24 | ₹398.75 Cr— YoY+0.5% QoQ | ₹33.54 Cr— YoY-5.4% QoQ | ₹13.90— YoY-5.4% QoQ |
Call history
- Q1 FY27Positive tone
Revenue grew 16% on strong domestic and U.S. CV demand, with a strategic push into high-value machining now comprising 67% of sales.
- Total Net Sales
- ₹427 Cr16%
- EBITDA
- ₹82 Cr16%