M M Forgings Limited

NSEI:MMFL Stock Report

Market Cap: ₹23.2b

M M Forgings Management

Management criteria checks 2/4

M M Forgings' CEO is Vidyashankar Krishnan, appointed in Feb 1999, has a tenure of 25.83 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 ₹2.77B. The average tenure of the management team and the board of directors is 5.2 years and 1 years respectively.

Key information

Vidyashankar Krishnan

Chief executive officer

₹100.1m

Total compensation

CEO salary percentage31.8%
CEO tenure25.8yrs
CEO ownership11.9%
Management average tenure5.2yrs
Board average tenure1yrs

Recent management updates

Recent updates

M M Forgings' (NSE:MMFL) Shareholders May Want To Dig Deeper Than Statutory Profit

Nov 03
M M Forgings' (NSE:MMFL) Shareholders May Want To Dig Deeper Than Statutory Profit

M M Forgings (NSE:MMFL) Will Pay A Larger Dividend Than Last Year At ₹8.00

Jun 02
M M Forgings (NSE:MMFL) Will Pay A Larger Dividend Than Last Year At ₹8.00

The Return Trends At M M Forgings (NSE:MMFL) Look Promising

May 28
The Return Trends At M M Forgings (NSE:MMFL) Look Promising

M M Forgings Limited (NSE:MMFL) Soars 32% But It's A Story Of Risk Vs Reward

Apr 27
M M Forgings Limited (NSE:MMFL) Soars 32% But It's A Story Of Risk Vs Reward

These 4 Measures Indicate That M M Forgings (NSE:MMFL) Is Using Debt Extensively

Feb 20
These 4 Measures Indicate That M M Forgings (NSE:MMFL) Is Using Debt Extensively

Investors Holding Back On M M Forgings Limited (NSE:MMFL)

Dec 19
Investors Holding Back On M M Forgings Limited (NSE:MMFL)

Should You Be Adding M M Forgings (NSE:MMFL) To Your Watchlist Today?

Jul 23
Should You Be Adding M M Forgings (NSE:MMFL) To Your Watchlist Today?

Is M M Forgings (NSE:MMFL) A Risky Investment?

Mar 23
Is M M Forgings (NSE:MMFL) A Risky Investment?

Is Now The Time To Put M M Forgings (NSE:MMFL) On Your Watchlist?

Feb 09
Is Now The Time To Put M M Forgings (NSE:MMFL) On Your Watchlist?

M M Forgings (NSE:MMFL) Could Be Struggling To Allocate Capital

Oct 12
M M Forgings (NSE:MMFL) Could Be Struggling To Allocate Capital

Increases to M M Forgings Limited's (NSE:MMFL) CEO Compensation Might Cool off for now

Sep 06
Increases to M M Forgings Limited's (NSE:MMFL) CEO Compensation Might Cool off for now

Be Wary Of M M Forgings (NSE:MMFL) And Its Returns On Capital

Jun 22
Be Wary Of M M Forgings (NSE:MMFL) And Its Returns On Capital

Could The M M Forgings Limited (NSE:MMFL) Ownership Structure Tell Us Something Useful?

Mar 15
Could The M M Forgings Limited (NSE:MMFL) Ownership Structure Tell Us Something Useful?

Has M M Forgings (NSE:MMFL) Got What It Takes To Become A Multi-Bagger?

Feb 25
Has M M Forgings (NSE:MMFL) Got What It Takes To Become A Multi-Bagger?

Estimating The Fair Value Of M M Forgings Limited (NSE:MMFL)

Feb 10
Estimating The Fair Value Of M M Forgings Limited (NSE:MMFL)

With A 2.6% Return On Equity, Is M M Forgings Limited (NSE:MMFL) A Quality Stock?

Jan 28
With A 2.6% Return On Equity, Is M M Forgings Limited (NSE:MMFL) A Quality Stock?

Announcing: M M Forgings (NSE:MMFL) Stock Increased An Energizing 106% In The Last Five Years

Jan 15
Announcing: M M Forgings (NSE:MMFL) Stock Increased An Energizing 106% In The Last Five Years

We Think M M Forgings's (NSE:MMFL) Statutory Profit Might Understate Its Earnings Potential

Jan 02
We Think M M Forgings's (NSE:MMFL) Statutory Profit Might Understate Its Earnings Potential

Here's Why M M Forgings (NSE:MMFL) Is Weighed Down By Its Debt Load

Dec 20
Here's Why M M Forgings (NSE:MMFL) Is Weighed Down By Its Debt Load

Should You Buy M M Forgings Limited (NSE:MMFL) For Its 1.1% Dividend?

Dec 06
Should You Buy M M Forgings Limited (NSE:MMFL) For Its 1.1% Dividend?

What Percentage Of M M Forgings Limited (NSE:MMFL) Shares Do Insiders Own?

Nov 23
What Percentage Of M M Forgings Limited (NSE:MMFL) Shares Do Insiders Own?

A Quick Analysis On M M Forgings' (NSE:MMFL) CEO Salary

Nov 10
A Quick Analysis On M M Forgings' (NSE:MMFL) CEO Salary

Is M M Forgings Limited's (NSE:MMFL) ROE Of 4.1% Concerning?

Oct 28
Is M M Forgings Limited's (NSE:MMFL) ROE Of 4.1% Concerning?

Has M M Forgings (NSE:MMFL) Got What It Takes To Become A Multi-Bagger?

Oct 13
Has M M Forgings (NSE:MMFL) Got What It Takes To Become A Multi-Bagger?

What To Know Before Buying M M Forgings Limited (NSE:MMFL) For Its Dividend

Jun 25
What To Know Before Buying M M Forgings Limited (NSE:MMFL) For Its Dividend

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 ($USD1.17M) is above average for companies of similar size in the Indian market ($USD179.51K).

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

CEO

Vidyashankar Krishnan (59 yo)

25.8yrs

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 & MD25.8yrs₹100.06m11.91%
₹ 2.8b
Venkatramanan Krishnan
Joint MD & Executive Director25.8yrs₹100.05m10.71%
₹ 2.5b
R. Venkatakrishnan
Chief Financial Officerno data₹2.30m10.71%
₹ 2.5b
Chandrasekar S.
Company Secretary & Compliance Officer1.7yrs₹1.20mno data
Krishnakumar Raman
Whole Time Director & Director of Operations2.7yrsno 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

5.2yrs

Average Tenure

56yo

Average Age

Experienced Management: MMFL's management team is seasoned and experienced (5.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Vidyashankar Krishnan
Chairman & MD27.7yrs₹100.06m11.91%
₹ 2.8b
Venkatramanan Krishnan
Joint MD & Executive Director27.7yrs₹100.05m10.71%
₹ 2.5b
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 Director3.3yrs₹602.50k0.14%
₹ 31.6m
Kavitha Vijay
Non-Executive Independent Director9.7yrs₹592.50kno data
Shankar Athreya
Non-Executive Independent Director1.3yrsno 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%
₹ 4.3m

1.0yrs

Average Tenure

55.5yo

Average Age

Experienced Board: MMFL's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 02:23
End of Day Share Price 2024/12/26 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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