M M Forgings Limited

BSE:522241 Stock Report

Market Cap: ₹20.9b

M M Forgings Management

Management criteria checks 2/4

M M Forgings' CEO is Vidyashankar Krishnan, appointed in Feb 1999, has a tenure of 25.92 years. total yearly compensation is ₹100.06M, comprised of 31.8% salary and 68.2% bonuses, including company stock and options. directly owns 11.91% of the company’s shares, worth ₹2.49B. The average tenure of the management team and the board of directors is 5.3 years and 1.1 years respectively.

Key information

Vidyashankar Krishnan

Chief executive officer

₹100.1m

Total compensation

CEO salary percentage31.8%
CEO tenure25.9yrs
CEO ownership11.9%
Management average tenure5.3yrs
Board average tenure1.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vidyashankar Krishnan's remuneration changed compared to M M Forgings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹1b

Jun 30 2024n/an/a

₹1b

Mar 31 2024₹100m₹32m

₹1b

Dec 31 2023n/an/a

₹1b

Sep 30 2023n/an/a

₹1b

Jun 30 2023n/an/a

₹1b

Mar 31 2023₹85m₹32m

₹1b

Dec 31 2022n/an/a

₹1b

Sep 30 2022n/an/a

₹1b

Jun 30 2022n/an/a

₹962m

Mar 31 2022₹70m₹33m

₹910m

Dec 31 2021n/an/a

₹1b

Sep 30 2021n/an/a

₹987m

Jun 30 2021n/an/a

₹776m

Mar 31 2021₹30m₹21m

₹461m

Dec 31 2020n/an/a

₹213m

Sep 30 2020n/an/a

₹116m

Jun 30 2020n/an/a

₹186m

Mar 31 2020₹31m₹19m

₹419m

Dec 31 2019n/an/a

₹550m

Sep 30 2019n/an/a

₹669m

Jun 30 2019n/an/a

₹777m

Mar 31 2019₹58m₹26m

₹655m

Dec 31 2018n/an/a

₹821m

Sep 30 2018n/an/a

₹741m

Jun 30 2018n/an/a

₹673m

Mar 31 2018₹44m₹20m

₹606m

Compensation vs Market: Vidyashankar's total compensation ($USD1.16M) is above average for companies of similar size in the Indian market ($USD189.66K).

Compensation vs Earnings: Vidyashankar's compensation has been consistent with company performance over the past year.

CEO

Vidyashankar Krishnan (59 yo)

25.9yrs

Tenure

₹100,064,944

Compensation

Shri. Vidyashankar Krishnan serves as Chairman since April 1, 2024, Director since April 21, 1997 & Managing Director since February 24, 1999 at M M Forgings Limited and served as its Vice Chairman since O...

Leadership Team

NamePositionTenureCompensationOwnership
Vidyashankar Krishnan
Chairman & MD25.9yrs₹100.06m11.91%
₹ 2.5b
Venkatramanan Krishnan
Joint MD & Executive Director25.9yrs₹100.05m10.71%
₹ 2.2b
R. Venkatakrishnan
Chief Financial Officerno data₹2.30m10.71%
₹ 2.2b
Chandrasekar S.
Company Secretary & Compliance Officer1.8yrs₹1.20mno data
Krishnakumar Raman
Whole Time Director & Director of Operations2.8yrsno datano data
J. Srikanth
General Manager of Human Resources1.3yrsno datano data
Ramnath Nagarajan
Whole Time Director & Director of Commercialno datano datano data
K. Muthuveeran
Head of Plant1 & Senior Manager7.8yrsno datano data
M Santhanam
Head of Purchaseno datano datano data

5.3yrs

Average Tenure

56yo

Average Age

Experienced Management: 522241's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vidyashankar Krishnan
Chairman & MD27.8yrs₹100.06m11.91%
₹ 2.5b
Venkatramanan Krishnan
Joint MD & Executive Director27.8yrs₹100.05m10.71%
₹ 2.2b
Krishnakumar Raman
Whole Time Director & Director of Operationsless than a yearno datano data
Ramnath Nagarajan
Whole Time Director & Director of Commercialless than a yearno datano data
Sumita Vidyashankar
Non-Executive Non-Independent Director3.4yrs₹602.50k0.14%
₹ 28.4m
Kavitha Vijay
Non-Executive Independent Director9.8yrs₹592.50kno data
Shankar Athreya
Non-Executive Independent Director1.4yrsno datano data
Hari Sankaran
Non-Executive Independent Directorless than a yearno datano data
Subramanian Radhakrishnan
Non-Executive Independent Directorless than a year₹10.00kno data
Srinivasan Krishnakumar
Non-Executive Independent Directorless than a year₹10.00k0.019%
₹ 3.9m

1.1yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 522241's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 07:28
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

M M Forgings Limited is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mumuksh MandleshaAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited
Tejashwini Kumari GuptaAngel Broking Private Limited