Mm Forgings Profile
Key Indicators
- Authorised Capital ₹ 51.00 Cr
- Paid Up Capital ₹ 24.14 Cr
- Company Age 79 Year, 1 Day
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,422.09 Cr
- Satisfied Charges ₹ 365.96 Cr
- Revenue Growth 26.90%
- Profit Growth 36.87%
- Ebitda 26.67%
- Net Worth 19.23%
- Total Assets 16.05%
About Mm Forgings
Mm Forgings Limited (MFL) was founded in India on 21 February 1946 and has a glorious history of 79 years . Its registered office is in Chennai, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522241 and on the National Stock Exchange(NSE) under MMFL.
The Corporate was formerly known as The Madras Motors Limited. The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 51.00 Cr and a paid-up capital of Rs 24.14 Cr.
The company currently has active open charges totaling ₹1,422.09 Cr. The company has closed loans amounting to ₹365.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mm Forgings Limited India are Venkatakrishnan Raghavan as CFO and Chandrasekar Suriyanarayanan as Company Secretary. Sumita Vidyashankar, Raman Krishnakumar, Vidya Krishnan, and Seven other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
Industry
Who are the key members and board of directors at Mm Forgings?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vidya Krishnan  | Managing Director | 01-Sep-2008 | Current |
| Venkatakrishnan Raghavan | CFO | 01-Apr-2014 | Current |
| Chandrasekar Suriyanarayanan | Company Secretary | 01-Apr-2023 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sumita Vidyashankar | Director | 13-Aug-2021 | Current |
| Raman Krishnakumar | Whole-Time Director | 01-Apr-2024 | Current |
| Ramnath Nagarajan | Whole-Time Director | 01-Apr-2024 | Current |
| Krishnan Venkatramanan | Whole-Time Director | 01-Sep-2008 | Current |
| Kavitha Vijay | Director | 01-Apr-2015 | Current |
| Sankaran Hari | Director | 04-Apr-2024 | Current |
Financial Performance of Mm Forgings.
Mm Forgings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.9% increase. The company also saw a substantial improvement in profitability, with a 36.87% increase in profit. The company's net worth Soared by an impressive increase of 19.23%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mm Forgings?
In 2023, Mm Forgings had a promoter holding of 56.33% and a public holding of 43.67%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sesha Tools Private LimitedSankaran Hari is a mutual person
Natesan Synchrocones Private LimitedSankaran Hari is a mutual person
Atreyi Financial Services Private LimitedSrinivasan Kumar is a mutual person
Neelamalai Agro Industries LimitedKavitha Vijay is a mutual person
Avt Natural Products LimitedKavitha Vijay is a mutual person
Abhinava Rizel Private LimitedSumita Vidyashankar, Raman Krishnakumar and 3 more are mutual person
Charges (Loans)
₹1,422.09 Cr
₹365.96 Cr
Charges Breakdown by Lending Institutions
- Others : 814.36 Cr
- Hdfc Bank Limited : 398.32 Cr
- State Bank Of India : 136.88 Cr
- Standard Chartered Bank : 72.53 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Apr 2024 | Others | ₹100.00 Cr | Open |
| 27 Mar 2024 | Others | ₹200.00 Cr | Open |
| 25 Aug 2023 | Others | ₹125.00 Cr | Open |
| 14 Nov 2022 | Hdfc Bank Limited | ₹100.00 Cr | Open |
| 24 May 2022 | Standard Chartered Bank | ₹46.53 Cr | Open |
How Many Employees Work at Mm Forgings?
Mm Forgings has a workforce of 1084 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mm Forgings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mm Forgings's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
