MM Forgings Limited Total Assets
MM Forgings Limited total assets. Based on the latest financial reports, MM Forgings Limited (MMFL) holds total assets worth Rs24.83 Billion INR (≈ $268.52 Million USD) 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. Also see MMFL stock market capitalisation for the company's overall valuation and market capitalisation.
Total Assets of MM Forgings Limited (2006–2025)
Total assets of MM Forgings Limited from 2006 to 2025. This chart illustrates how MM Forgings Limited's total assets have evolved over time, based on quarterly financial data. See MM Forgings Limited stock price for real-time trading data and today's change.
MM Forgings Limited - Asset Composition Analysis
MM Forgings Limited Total Assets Breakdown (March 2025)
MM Forgings Limited total assets breakdown as of March 2025. MM Forgings Limited's total assets of Rs24.83 Billion consist of 40.8% current assets and 59.3% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs0.00 | 9.2% |
| Accounts Receivable | Rs3.73 Billion | 15.7% |
| Inventory | Rs3.42 Billion | 14.4% |
| Property, Plant & Equipment | Rs13.48 Billion | 56.9% |
| Intangible Assets | Rs0.00 | 0.0% |
| Goodwill | Rs26.57 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. Explore MM Forgings Limited short-term liquidity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Jiangyin Hengrun Heavy
SHG:603985
|
China | CN¥5.92 Billion |
|
Suzhou Chunqiu Electronic Technology Co Ltd Class A
SHG:603890
|
China | CN¥6.18 Billion |
|
Ningbo Sinyuan ZM Technology Co. Ltd. A
SHE:301398
|
China | CN¥1.98 Billion |
|
Suzhou Xianglou New Material Co. Ltd.
SHE:301160
|
China | CN¥2.25 Billion |
|
Manaksia Coated Metals & Industries Limited
NSE:MANAKCOAT
|
India | Rs7.55 Billion |
|
ProfilGruppen AB (publ)
ST:PROF-B
|
Sweden | Skr1.47 Billion |
|
Lee Ku Ind
KO:025820
|
Korea | ₩376.97 Billion |
|
Daebo Magnetic Co.Ltd
KQ:290670
|
Korea | ₩76.77 Billion |
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 | Rs2.58 Billion | Rs2.60 Billion | Rs625.78 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 | 0.01 |
| Asset Growth Rate (YoY) | 20.4% |
| Total Assets | Rs23.70 Billion |
| Market Capitalization | $258.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values MM Forgings Limited's assets below their book value (0.01x), 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 | Rs23.70 Billion ≈ $256.27 Million |
+20.41% |
| 2024-03-31 | Rs19.68 Billion ≈ $212.83 Million |
+18.30% |
| 2023-03-31 | Rs16.64 Billion ≈ $179.91 Million |
+17.63% |
| 2022-03-31 | Rs14.14 Billion ≈ $152.95 Million |
+11.60% |
| 2021-03-31 | Rs12.67 Billion ≈ $137.05 Million |
+11.79% |
| 2020-03-31 | Rs11.34 Billion ≈ $122.60 Million |
-7.13% |
| 2019-03-31 | Rs12.21 Billion ≈ $132.01 Million |
+45.73% |
| 2018-03-31 | Rs8.38 Billion ≈ $90.58 Million |
+42.23% |
| 2017-03-31 | Rs5.89 Billion ≈ $63.69 Million |
+9.53% |
| 2016-03-31 | Rs5.38 Billion ≈ $58.15 Million |
+13.62% |
| 2015-03-31 | Rs4.73 Billion ≈ $51.17 Million |
+25.32% |
| 2014-03-31 | Rs3.78 Billion ≈ $40.83 Million |
+3.95% |
| 2013-03-31 | Rs3.63 Billion ≈ $39.28 Million |
+7.00% |
| 2012-03-31 | Rs3.39 Billion ≈ $36.71 Million |
+16.70% |
| 2011-03-31 | Rs2.91 Billion ≈ $31.46 Million |
+20.14% |
| 2010-03-31 | Rs2.42 Billion ≈ $26.19 Million |
+7.92% |
| 2009-03-31 | Rs2.24 Billion ≈ $24.26 Million |
+1.94% |
| 2008-03-31 | Rs2.20 Billion ≈ $23.80 Million |
+37.81% |
| 2007-03-31 | Rs1.60 Billion ≈ $17.27 Million |
+6.97% |
| 2006-03-31 | Rs1.49 Billion ≈ $16.15 Million |
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About 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