MM Forgings Q1 PAT Surges 373% on Land Sale
Earnings & Results
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
18th Aug 2026
Financial Performance - Standalone (Q1FY27 vs Q1FY26)
- Total Revenue: ₹427.01 crore, increased 16% from ₹369.18 crore
- EBITDA: ₹82.33 crore, increased 16% from ₹71.18 crore
- PBT: ₹36.30 crore, increased 30% from ₹27.88 crore
- PAT: ₹91.66 crore, increased 373% from ₹19.38 crore
- Includes exceptional item of ₹56.25 crore (net of tax) profit on sale of land near Oragadam
Financial Performance - Consolidated (Q1FY27 vs Q1FY26)
- Total Revenue: ₹426.76 crore, increased 16% from ₹366.03 crore
- EBITDA: ₹81.22 crore, increased 14% from ₹71.10 crore
- PBT: ₹35.07 crore, increased 26% from ₹27.73 crore
- PAT: ₹90.42 crore, increased 375% from ₹19.23 crore
- Includes exceptional item of ₹56.25 crore (net of tax) profit on sale of land near Oragadam
Chairman's Message and Operational Highlights
- FY26 witnessed gradual business improvement with operational stability despite geopolitical uncertainties and volatile global environment
- Export market remained resilient while domestic opportunities showed very good signs of improvement
- FY27 marks important transformation phase with large machined-product programmes ramping up toward full potential
- Increasing focus on Passenger Vehicles and Off-Highway segments
- Commissioning of 16,500-tonne press expected to strengthen capabilities and create additional export opportunities
- Company continues focus on operational excellence, productivity, technology upgrades and automation
- Actively managing inflationary pressures through constructive engagement with customers
- Healthy order pipeline, diversified customer base, strong manufacturing capabilities and sound financial position
- Company remains focused on sustainable growth, profitability and long-term value creation