MM Forgings balance sheet

As of Mar 2026

Total assets: ₹2,524cr+6.5% on Mar 2025
Shareholders' equity: ₹978cr+9.6% on Mar 2025
Total debt: ₹1,074cr+2.1% on Mar 2025
Cash and investments: ₹225cr+3.4% on Mar 2025

₹ crore except per share

Tap a line for its trend	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets					FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	1,101	964	914	804
	337	383	124	62.8
	9.8	3.8	22.8	22.3
	18.7	24.2	14.2	13.8
	28.5	28.1	37.0	36.1
	—	28.3	20.2	13.8
	1,467	1,404	1,095	917
	334	342	345	316
	457	373	275	202
	225	217	209	218
	0.9	0.7	0.5	0.6
	41.7	33.3	36.2	10.4
	—	0.0	—	0.1
	724	624	521	431
	—	0.1	0.0	—
	1,058	966	866	747
	2,524	2,370	1,961	1,664
Equity
	48.3	48.3	24.1	24.1
	929	844	765	649
	978	892	789	673
	0.4	—	0.4	0.4
	978	892	789	673
Liabilities
	596	604	380	333
	596	604	380	333
	37.8	46.0	37.3	31.1
	12.3	35.9	12.0	3.6
	646	686	429	368
	478	448	424	322
	226	178	159	171
	703	625	583	492
	35.0	31.8	38.3	28.9
	162	135	121	101
	900	792	743	623
	1,546	1,477	1,172	990
	2,524	2,370	1,961	1,664
Trade payables — MSME split
	226	178	—	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

MMFL₹494.05

MM Forgings Limited

· Auto & Mobility

₹ CrorePeersCARRARO FMGOETZE SUNCLAY JTEKTINDIA DIVGIITTS AUTOAXLES WHEELS RAJRATANMcap ₹2,385 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Non-current Assets
+ Property, Plant & Equipment	804.0	914.2	964.5	1,100.6	1,100.6
+ Capital Work-in-Progress	62.8	123.6	383.3	337.4	337.4
+ Non-current Investments	22.3	22.8	3.8	9.8	9.8
+ Long-term Loans	13.8	14.2	24.2	18.7	18.7
Non-current Financial Assets	36.1	37.0	28.1	28.5	28.5
+ Other Non-current Assets	13.8	20.2	28.3	—	—
Total Non-current Assets	916.6	1,094.9	1,404.2	1,466.5	1,466.5
Current Assets
+ Inventories	315.7	344.9	341.7	334.1	334.1
+ Trade Receivables	202.1	275.2	372.6	456.6	456.6
+ Cash & Cash Equivalents	218.2	209.3	217.2	224.6	224.6
+ Other Bank Balances	0.6	0.5	0.7	0.9	0.9
+ Short-term Loans	10.4	36.2	33.3	41.7	41.7
+ Other Current Financial Assets	0.1	—	0.0	—	—
Current Financial Assets	431.2	521.2	623.8	723.8	723.8
+ Other Current Assets	—	0.0	0.1	—	—
Total Current Assets	747.0	866.1	965.5	1,057.9	1,057.9
Total Assets	1,663.6	1,961.0	2,369.7	2,524.4	2,524.4
Equity
+ Equity Share Capital	24.1	24.1	48.3	48.3	48.3
+ Other Equity / Reserves	648.9	764.6	844.2	929.5	929.5
Equity — Owners of Parent	673.0	788.7	892.4	977.8	977.8
+ Minority Interest	0.4	0.4	—	0.4	0.4
Total Equity	673.4	789.1	892.4	978.1	978.1
Liabilities
+ Borrowings — Non-current	332.8	380.1	603.9	596.2	596.2
Non-current Financial Liabilities	332.8	380.1	603.9	596.2	596.2
+ Deferred Tax Liabilities	31.1	37.3	46.0	37.8	37.8
+ Other Non-current Liabilities	3.6	12.0	35.9	12.3	12.3
Non-current Liabilities	367.6	429.3	685.7	646.3	646.3
+ Borrowings — Current	321.7	423.6	447.5	477.6	477.6
+ Trade Payables	170.7	159.5	177.7	225.8	225.8
Current Financial Liabilities	492.4	583.1	625.2	703.4	703.4
+ Provisions — Current	28.9	38.3	31.8	35.0	35.0
+ Other Current Liabilities	101.4	121.2	134.6	161.6	161.6
Current Liabilities	622.6	742.6	791.6	900.0	900.0
Total Liabilities	990.2	1,171.9	1,477.2	1,546.2	1,546.2
Total Equity & Liabilities	1,663.6	1,961.0	2,369.7	2,524.4	2,524.4
Trade Payables — MSME split
+ Dues to Other Creditors — Current	—	—	177.7	225.8	225.8

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.