MM Forgings Financials - Balance Sheet, Income Statment, Cash Flow

Quarterly Statement	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	376	376	362	382	416
Expenses	301	298	298	318	344
Operating Profit	72	72	56	59	68
Operating Profit Margin %	19%	19%	16%	16%	16%
Other Income	4	7	8	4	3
EBITDA	75	78	64	63	71
Interest	16	14	18	21	20
Depreciation	23	26	25	24	26
Profit Before Tax	39	40	28	25	26
Tax %	31%	17%	31%	34%	33%
Net Profit	27	33	19	17	18
EPS	6	7	4	3	4

Yearly Balance Sheet	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Share Capital	24	24	24	24	48
Reserve & Surplus	463	535	649	765	843
Minority Interest	0	0	0	0	0
Non Current Liabilities	328	385	367	437	671
Current Liabilities	435	469	621	743	787
Total Liabilities	1,250	1,414	1,661	1,969	2,349
Fixed Assets	675	708	804	914	965
Capital Work in Progress	18	36	63	124	383
Investments	3	22	22	23	4
Other Assets	554	647	772	908	997
Total Assets	1,250	1,414	1,661	1,969	2,349

Yearly Cash Flow	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Operating Activities	20	150	160	149	182
Investing Activities	-11	-126	-187	-232	-358
Financing Activities	3	14	17	77	185
Net Cash Flow	12	39	-10	-6	8

Financial Year	Revenue	Revenue Growth	Net Profit	Profit Growth
FY 2024-25	1,507	-2.96%	136	-6.3%
FY 2023-24	1,553	8.65%	146	15.08%
FY 2022-23	1,429	27.22%	126	37.75%
FY 2021-22	1,123	50.31%	92	96.88%
FY 2020-21	747	0.19%	47	0.8%

*All securities mentioned on this website are exemplary and not recommendatory.

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We are bullish on India, we are bullish on India's prospects to be one of the largest economies in the world. We believe that the stock market provides a unique opportunity for all of India's traders and investors to participate in the growth story of the country.

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We are doing so by giving you access to not just one but 6 products within the Dhan ecosystem:

Dhan App: The only online trading app you need for buying and selling equity, futures, options, commodity, and currency.
Dhan Web: Trade on the big screen across segments with our web trading platform.
Options Trader App: A dedicated option trading app built for India's F&O traders.
Options Trader Web: Love big screens and F&O trading? Use our web option trading platform.
Dhan + TradingView: The magic of Tradingview charts for free with the Lightning-Fast experience of Dhan on tv.dhan.co.
Connect to TradingView: Our Tradingview broker integration allows you to trade in Stocks, Futures, and Commodities directly from tradingview.com via Dhan.

This means that with Dhan, you'll be able to start:

Lakhs of users already trust Dhan for their online stock trading and investing needs. Dhan is growing rapidly because of the love we receive from SuperTraders and Long-Term Investors who acknowledge that the platform is innovating for them, building super useful features that help them do everything from investing in stock market to trading F&O like a pro on the Tradingview charts and much more.

While we are growing, we will always remember why we started building in the first place - you. Our user-first approach will always be at the heart of our philosophy. Come join us on this incredible journey!

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SEBI Stock Broker Registration No: INZ000006031 | Depository Participant (CDSL) ID: IN-DP-289-2016 | SEBI Research Analyst Registration No: INH000023357
Exchange Membership No. : NSE: 90133 | BSE: 6593 | MCX: 56320
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Details of client bank account

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In case of grievances for any of the services rendered by Raise Securities Private Limited, please write to grievance@dhan.co (for NSE, BSE and MCX) or grievancedp@dhan.co (for Depository Participant). Please ensure that you carefully read the Risk Disclosure Document as prescribed by SEBI, our Terms of Use and Privacy Policy. Compliance Officer: Mr. Manish Garg and Mobile: 8655740961 Email: complianceofficer@dhan.co To lodge your complaints using SEBI SCORES, click here.

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Attention investors:

Stock brokers can accept securities as margins from clients only by way of pledge in the depository system w.e.f September 01, 2020.
Update your e-mail and phone number with your stock broker / depository participant and receive OTP directly from depository on your e-mail and/or mobile number to create pledge.
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MM Forgings

MM Forgings

MMFL Financials

Income Statement

Balance Sheet

Cash Flow

MMFL Revenue Growth