M M Forgings Limited

BSE:522241 Stock Report

Market Cap: ₹17.0b

M M Forgings Management

Management criteria checks 2/4

M M Forgings' CEO is Vidyashankar Krishnan, appointed in Feb 1999, has a tenure of 26.83 years. total yearly compensation is ₹93.39M, comprised of 34.1% salary and 65.9% bonuses, including company stock and options. directly owns 12.05% of the company’s shares, worth ₹2.05B. The average tenure of the management team and the board of directors is 6.2 years and 1.8 years respectively.

Key information

Vidyashankar Krishnan

Chief executive officer

₹93.4m

Total compensation

CEO salary percentage34.05%
CEO tenure26.8yrs
CEO ownership12.0%
Management average tenure6.2yrs
Board average tenure1.8yrs

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 2025n/an/a

₹956m

Jun 30 2025n/an/a

₹1b

Mar 31 2025₹93m₹32m

₹1b

Dec 31 2024n/an/a

₹1b

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

Compensation vs Market: Vidyashankar's total compensation ($USD1.04M) is above average for companies of similar size in the Indian market ($USD194.90K).

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

CEO

Vidyashankar Krishnan (60 yo)

26.8yrs
Tenure
₹93,388,924
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 & MD26.8yrs₹93.39m12.05%
₹ 2.0b
Venkatramanan Krishnan
Joint MD & Executive Director26.8yrs₹93.55m10.71%
₹ 1.8b
R. Venkatakrishnan
Chief Financial Officerno data₹3.00m0.0099%
₹ 1.7m
Krishnakumar Raman
Whole Time Director & Director of Operations3.7yrs₹7.41mno data
Chandrasekar S.
Company Secretary & Compliance Officer2.7yrs₹1.60mno data
Ramnath Nagarajan
Whole Time Director & Director of Commercialno data₹8.01mno data
Selvavinayaga A
President of Corporate HRless than a yearno datano data
K. Muthuveeran
Head of Plant1 & Senior Manager8.8yrsno datano data
M Santhanam
Head of Purchaseno datano datano data
6.2yrs
Average Tenure
57yo
Average Age

Experienced Management: 522241's management team is seasoned and experienced (6.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vidyashankar Krishnan
Chairman & MD28.7yrs₹93.39m12.05%
₹ 2.0b
Venkatramanan Krishnan
Joint MD & Executive Director28.7yrs₹93.55m10.71%
₹ 1.8b
Krishnakumar Raman
Whole Time Director & Director of Operations1.7yrs₹7.41mno data
Ramnath Nagarajan
Whole Time Director & Director of Commercial1.7yrs₹8.01mno data
Rama Sivaraman
Non-Executive Independent Directorless than a yearno datano data
Sumita Vidyashankar
Non-Executive Non-Independent Director4.3yrs₹575.00k0.14%
₹ 23.1m
Shankar Athreya
Non-Executive Independent Director2.3yrs₹1.09mno data
Hari Sankaran
Non-Executive Independent Director1.7yrs₹370.00kno data
Subramanian Radhakrishnan
Non-Executive Independent Director1.8yrs₹375.00kno data
Srinivasan Krishnakumar
Non-Executive Independent Director1.8yrs₹592.50k0.019%
₹ 3.2m
1.8yrs
Average Tenure
57.5yo
Average Age

Experienced Board: 522241's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/05 18:29
End of Day Share Price 2025/12/05 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

M M Forgings Limited is covered by 7 analysts. 2 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
Dineshkumar PBatlivala & Karani Securities India Pvt. Ltd.