Mm Forgings Profile
Key Indicators
- Authorised Capital ₹ 51.00 Cr
- Paid Up Capital ₹ 48.28 Cr
- Company Age 79 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,609.93 Cr
- Satisfied Charges ₹ 514.41 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 and one month. 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 2024. It's a company limited by shares with an authorized capital of Rs 51.00 Cr and a paid-up capital of Rs 48.28 Cr.
The company currently has active open charges totaling ₹1,609.93 Cr. The company has closed loans amounting to ₹514.41 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
Automotive
Machinery and Equipment
Environment
Mm Forgings Limited
Explore comprehensive data for Mm Forgings Limited, including financials, compliance details, shareholding patterns, and litigation history.
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-2020 | Current |
| Sankaran Hari | Director | 01-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.
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Charges (Loans)
Open Charges
₹1,609.93 Cr
Satisfied Charges
₹514.41 Cr
Charges Breakdown by Lending Institutions
- Others : 925.91 Cr
- Hdfc Bank Limited : 457.44 Cr
- State Bank Of India : 146.60 Cr
- Standard Chartered Bank : 72.53 Cr
- City Union Bank Limited : 7.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2024 | Others | ₹75.00 Cr | Open |
| 03 Aug 2024 | Others | ₹75.00 Cr | Open |
| 17 May 2024 | Hdfc Bank Limited | ₹100.00 Cr | Open |
| 13 May 2024 | Others | ₹100.00 Cr | Open |
| 27 Mar 2024 | Others | ₹200.00 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.
Latest Updates, News, and FAQs on Mm Forgings
Recent activity within the organization
- Charges
A charge with Others of Rs. 75.00 Cr registered on 03 Aug 2024 with Charge ID 100966241 was modified on 30 Dec 2024.
- Charges
A charge with State Bank Of India of Rs. 146.60 Cr registered on 15 Jul 1994 with Charge ID 90307468 was modified on 20 Dec 2024.
- Charges
A charge with Others of Rs. 200.00 Cr registered on 27 Mar 2024 with Charge ID 100887835 was modified on 29 Nov 2024.
- Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 100992062 was registered on 28 Sep 2024.
- Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 100966241 was registered on 03 Aug 2024.
- Annual General Meeting
Mm Forgings Limited last Annual general meeting of members was held on 08 Jul 2024 as per latest MCA records.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Mm Forgings Limited?
Mm Forgings Limited was incorporated on 21 Feb 1946.
What is authorized share capital and paid-up capital of Mm Forgings Limited?
The authorized share capital of Mm Forgings Limited is ₹ 51.00 Cr and paid-up capital is ₹ 48.28 Cr.
Who are the current board members & directors of Mm Forgings Limited?
Currently 12 directors are associated with Mm Forgings Limited.
- Sumita Vidyashankar
- Raman Krishnakumar
- Vidya Shankar Krishnan
- Ramnath Nagarajan
- Krishnan Venkatramanan
- Kavitha Vijay
- Sankaran Hari
- Srinivasan Krishna Kumar
- Shankar Subramanian Athreya
- Radhakrishnan Subramanian
- Venkatakrishnan Raghavan
- Chandrasekar Suriyanarayanan
What is the registered address of Mm Forgings Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mm Forgings Limited is Svktowera24/25 Thiruvikaindustrialestate Guindy, India, Chennai, Tamil Nadu, 600032.
What is the corporate identification number (CIN) and company number of Mm Forgings Limited?
The corporate identification number (CIN) of Mm Forgings Limited is L51102TN1946PLC001473 and the company number is 001473 as per Ministry of Corporate Affairs (MCA).
Is Mm Forgings Limited registered with any stock exchange in India?
Yes, Mm Forgings Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MMFL.
What is the official website of Mm Forgings Limited?
The Official website of Mm Forgings Limited is https://www.mmforgings.com
What has been the recent revenue trend for Mm Forgings Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mm Forgings Limited has risen by 26.90%.
How many employees does Mm Forgings Limited currently have?
As Per 2023 financial reports, 1084 employees are currently employed by Mm Forgings Limited.
What change has been observed in the net worth of Mm Forgings Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mm Forgings Limited has experienced an upsurge of 19.23%.
What are the total open charges for Mm Forgings Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mm Forgings Limited amount to ₹ 1,609.93 Cr.
When was the last Balance Sheet of Mm Forgings Limited filed with the ROC?
The most recent Balance Sheet for Mm Forgings Limited was filed with the ROC on 31 Mar 2024.
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