MM Forgings Limited
M M Forgings Limited, together with its subsidiaries, manufactures and sells steel forgings in India. The company offers sprocket, flange housing, connecting rod, rail forging, hub, knuckle, front axle beam, universal joint cross, steering and pivot arm, planetary wheel carrier, upper arm shaft, shifter fork, and rear axle spindle. It also provides yoke shaft, double yoke, crankshaft, link, yoke,… Read more
MM Forgings Limited (MMFL) - Total Assets
Latest total assets as of September 2025: ₹24.83 Billion INR
Based on the latest financial reports, MM Forgings Limited (MMFL) holds total assets worth ₹24.83 Billion INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
MM Forgings Limited - Total Assets Trend (2006–2025)
This chart illustrates how MM Forgings Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MM Forgings Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
MM Forgings Limited's total assets of ₹24.83 Billion consist of 40.8% current assets and 59.3% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹0.00 | 9.2% |
| Accounts Receivable | ₹3.73 Billion | 15.7% |
| Inventory | ₹3.42 Billion | 14.4% |
| Property, Plant & Equipment | ₹13.48 Billion | 56.9% |
| Intangible Assets | ₹0.00 | 0.0% |
| Goodwill | ₹26.57 Million | 0.1% |
Asset Composition Trend (2006–2025)
This chart illustrates how MM Forgings Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MM Forgings Limited's current assets represent 40.8% of total assets in 2025, a decrease from 47.8% in 2006.
- Cash Position: Cash and equivalents constituted 9.2% of total assets in 2025, up from 0.2% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2006.
- Asset Diversification: The largest asset category is property, plant & equipment at 56.9% of total assets.
MM Forgings Limited Competitors by Total Assets
Key competitors of MM Forgings Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633
|
China | CN¥311.40 Million |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296
|
China | CN¥2.22 Billion |
|
Winstech Precision Hldg Co
SHE:001319
|
China | CN¥1.77 Billion |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295
|
China | CN¥2.52 Billion |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328
|
China | CN¥5.66 Billion |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392
|
China | CN¥10.29 Billion |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426
|
China | CN¥6.59 Billion |
|
Dajin Heavy Industry Corp
SHE:002487
|
China | CN¥14.23 Billion |
MM Forgings Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - MM Forgings Limited generates 0.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, MM Forgings Limited generates $5.14 in net profit.
MM Forgings Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.32 | 1.36 | 1.22 |
| Quick Ratio | 0.86 | 0.81 | 0.83 |
| Cash Ratio | 0.00 | 0.30 | 0.00 |
| Working Capital | ₹2.58 Billion | ₹ 2.60 Billion | ₹ 625.78 Million |
MM Forgings Limited - Advanced Valuation Insights
This section examines the relationship between MM Forgings Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.62 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 20.4% |
| Total Assets | ₹23.70 Billion |
| Market Capitalization | $97.76 Million USD |
Valuation Analysis
Below Book Valuation: The market values MM Forgings Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: MM Forgings Limited's assets grew by 20.4% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MM Forgings Limited (2006–2025)
The table below shows the annual total assets of MM Forgings Limited from 2006 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹23.70 Billion | +20.41% |
| 2024-03-31 | ₹19.68 Billion | +18.30% |
| 2023-03-31 | ₹16.64 Billion | +17.63% |
| 2022-03-31 | ₹14.14 Billion | +11.60% |
| 2021-03-31 | ₹12.67 Billion | +11.79% |
| 2020-03-31 | ₹11.34 Billion | -7.13% |
| 2019-03-31 | ₹12.21 Billion | +45.73% |
| 2018-03-31 | ₹8.38 Billion | +42.23% |
| 2017-03-31 | ₹5.89 Billion | +9.53% |
| 2016-03-31 | ₹5.38 Billion | +13.62% |
| 2015-03-31 | ₹4.73 Billion | +25.32% |
| 2014-03-31 | ₹3.78 Billion | +3.95% |
| 2013-03-31 | ₹3.63 Billion | +7.00% |
| 2012-03-31 | ₹3.39 Billion | +16.70% |
| 2011-03-31 | ₹2.91 Billion | +20.14% |
| 2010-03-31 | ₹2.42 Billion | +7.92% |
| 2009-03-31 | ₹2.24 Billion | +1.94% |
| 2008-03-31 | ₹2.20 Billion | +37.81% |
| 2007-03-31 | ₹1.60 Billion | +6.97% |
| 2006-03-31 | ₹1.49 Billion | -- |