Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended 30 June 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results and Management Changes
Audit Opinion:
Clean/Unmodified Opinion - Statutory auditors expressed an unmodified opinion on both standalone and consolidated financial results.
Key Financial Highlights [₹ in lakh]:
Standalone Results:
Revenue from Operations: ₹36,918.10 (Q1 FY27) vs ₹31,317.21 (Q1 FY26) - 17.9% YoY increase
Total Income: ₹42,675.74 (Q1 FY27)
Net Profit: ₹3,630.70 (Q1 FY27) vs ₹3,093.14 (Q1 FY26) - 17.4% YoY increase
EPS: ₹18.98 (Q1 FY27) vs ₹16.14 (Q1 FY26)
Consolidated Results:
Revenue from Operations: ₹40,989.63 (Q1 FY27) vs ₹35,084.20 (Q1 FY26) - 16.8% YoY increase
Total Income: ₹42,675.74 (Q1 FY27)
Net Profit: ₹9,042.45 (Q1 FY27) vs ₹1,923.14 (Q1 FY26)
EPS: ₹18.73 (Q1 FY27) vs ₹3.98 (Q1 FY26)
Segment-wise Performance:
The company is engaged in only one segment (forging business).
Corporate Actions:
Not Specified
Management Changes:
- Resignation of Shri. Chandrasekar S as Company Secretary and Compliance Officer (effective 14 August 2026)
- Appointment of Shri. S. Muthukrishnan (Membership No. F9420) as Company Secretary and Compliance Officer (effective 14 August 2026)
Other Disclosures:
- The financial results include the impact of merger with DVS Industries Private Limited (wholly-owned subsidiary) with appointed date of 01 April 2024
- The merger is a common control transaction and financial information has been restated as per Appendix C to Ind AS 103
- Impact of amalgamation on standalone financial results is immaterial
- Figures have been regrouped wherever necessary
Other Significant Information:
The consolidated results include:
- M M Forgings Limited (Parent Company)
- Suvarchas Vidyut Private Limited (Subsidiary Company)
- Abhinava Rizel Private Limited (Subsidiary Company)