MM Forgings Limited (MMFL) — Net Asset Quality Index
MM Forgings Limited (MMFL) has a Net Asset Quality Index of 37.4% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs24.83 Billion minus total liabilities of Rs15.56 Billion yields net assets of Rs9.27 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read MMFL current and long-term liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
MM Forgings Limited Net Asset Quality Index Over Time (2006–2025)
This chart shows how MM Forgings Limited's Net Asset Quality Index has evolved across 20 annual periods from 2006 to 2025. As of September 2025, the index stands at 37.4%, representing net assets of Rs9.27 Billion against total assets of Rs24.83 Billion INR. For live market cap and overall valuation, see MMFL market cap overview.
Annual Net Asset Quality Index for MM Forgings Limited (2006–2025)
The table below presents the year-by-year Net Asset Quality Index for MM Forgings Limited from 2006 to 2025, covering 20 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check asset allocation strategy of MM Forgings Limited to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 37.7% | Rs8.92 Billion | Rs23.70 Billion | Rs14.77 Billion | ▼ -2.4 pp |
| 2024 | 40.1% | Rs7.89 Billion | Rs19.68 Billion | Rs11.79 Billion | ▼ -0.4 pp |
| 2023 | 40.5% | Rs6.73 Billion | Rs16.64 Billion | Rs9.90 Billion | ▲ +0.9 pp |
| 2022 | 39.6% | Rs5.60 Billion | Rs14.14 Billion | Rs8.55 Billion | ▲ +1.1 pp |
| 2021 | 38.4% | Rs4.87 Billion | Rs12.67 Billion | Rs7.80 Billion | ▼ -1.7 pp |
| 2020 | 40.1% | Rs4.55 Billion | Rs11.34 Billion | Rs6.79 Billion | ▲ +5.1 pp |
| 2019 | 35.0% | Rs4.27 Billion | Rs12.21 Billion | Rs7.93 Billion | ▼ -8.3 pp |
| 2018 | 43.3% | Rs3.63 Billion | Rs8.38 Billion | Rs4.75 Billion | ▼ -10.1 pp |
| 2017 | 53.4% | Rs3.15 Billion | Rs5.89 Billion | Rs2.74 Billion | ▲ +1.4 pp |
| 2016 | 52.0% | Rs2.80 Billion | Rs5.38 Billion | Rs2.58 Billion | ▲ +1.7 pp |
| 2015 | 50.3% | Rs2.38 Billion | Rs4.73 Billion | Rs2.35 Billion | ▼ -1.6 pp |
| 2014 | 51.9% | Rs1.96 Billion | Rs3.78 Billion | Rs1.82 Billion | ▲ +4.5 pp |
| 2013 | 47.4% | Rs1.72 Billion | Rs3.63 Billion | Rs1.91 Billion | ▲ +2.6 pp |
| 2012 | 44.7% | Rs1.52 Billion | Rs3.39 Billion | Rs1.88 Billion | ▲ +0.3 pp |
| 2011 | 44.4% | Rs1.29 Billion | Rs2.91 Billion | Rs1.62 Billion | ▲ +1.6 pp |
| 2010 | 42.9% | Rs1.04 Billion | Rs2.42 Billion | Rs1.38 Billion | ▲ +0.4 pp |
| 2009 | 42.5% | Rs954.23 Million | Rs2.24 Billion | Rs1.29 Billion | ▲ +2.8 pp |
| 2008 | 39.7% | Rs874.24 Million | Rs2.20 Billion | Rs1.33 Billion | ▼ -8.2 pp |
| 2007 | 47.9% | Rs765.29 Million | Rs1.60 Billion | Rs831.81 Million | ▲ +4.6 pp |
| 2006 | 43.4% | Rs647.33 Million | Rs1.49 Billion | Rs845.66 Million | — |