MM 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. Presenting below are its Q1 FY26 earnings results.
Q1 FY26 Earnings Results
-
Standalone Revenue: ₹348.81 crores, down 5.42% YoY (Q1 FY25: ₹368 crores approx).
-
Consolidated Revenue: Approximately ₹369.64 crores, down 6.85% YoY in Q4 FY25 (reference year); Q1 FY26 revenue slightly lower or around similar levels due to market softness.
-
Profit After Tax (PAT): ₹22 crores in Q4 FY25, down 31.2% YoY from ₹37.05 crores in Q4 FY24; partial recovery expected in Q1 FY26 though precise figure not disclosed.
-
EBITDA: ₹79.36 crores for Q4 FY25, decreased 5.66% YoY; margin pressure attributed to cost inflation and weak demand.
-
EPS for FY25: ₹4.63.
-
Market Geography: India accounts for 62% of sales; exports to Europe 12%, US 16%, Others 10%.
-
Sales Breakdown: Predominantly commercial vehicles (81%), passenger cars (10%), and off-highway vehicles (9%).
-
Annual Production: 82,000 tonnes in FY25, up from 70,000 tonnes previous year.
-
Financial Position: EBITDA margin improved in FY25 to 19.4% from 18.73% in FY24 despite sales volatility.
Key Management Commentary & Strategic Highlights
-
Chairman and MD Vidyashankar Krishnan highlighted global economic uncertainties including geopolitical tensions, inflation, and trade tariffs impacting volumes and profitability.
-
Emphasized focus on operational efficiencies, product innovation, and customer diversification to mitigate macroeconomic volatility.
-
Greater emphasis on export markets with targeted expansions despite headwinds in US and Europe.
-
Capital expenditure planned for expanding capacity and improving product portfolio alignment with premium segments.
-
Ongoing efforts to strengthen supply chain resilience and cost controls for margin stability.
Q4 FY25 Earnings Results
-
Revenue: ₹355 crores.
-
PAT: ₹36 crores.
-
EBITDA: ₹72 crores.
-
EPS: ₹7.5.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.
Most Popular
Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript
Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah
All you need to know about Antony Waste Handling Cell in one article
Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?
Demystifying the Leading Non-Ferrous Recycling Company of India
“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,