MM Forgings Ltd.

Financial

	MM Forgings	Nelcast	Alicon Castalloy
Operational Metrics
Metals
Quarterly Sales Volume - Casting & Forging	19500.0 Tonnes	20000.0 Tonnes	n/a
Manufacturing Capacity - Forging	130000.0 MTPA	n/a	n/a
Steel Sector
EBITDA/Tonne - Casting & Forging	35000.0 Rs/ Tonne	14800.0 Rs/ Tonne	n/a
Financials
5 yr Average ROE	15.1 %	5.75 %	6.36 %
5yr average Equity Multiplier	2.54	2.12	2.48
5yr Average Asset Turnover Ratio	0.75	1.02	1.13
5yr Avg Net Profit Margin	7.9 %	2.52 %	2.28 %
Price to Book	1.86	2.74	2.42
P/E	13.63	36.17	31.2
5yr Avg Cash Conversion Cycle	65.54 Days	-7.2 Days	99.81 Days
Inventory Days	71.89 Days	55.5 Days	41.4 Days
Days Receivable	75.21 Days	93.43 Days	112.82 Days
Days Payable	84.32 Days	129.03 Days	76.61 Days
5yr Average Interest Coverage Ratio	4.9	2.26	2.15
5yr Avg ROCE	15.9 %	9.67 %	12.67 %
5yr Avg Operating Profit Margin	18.44 %	6.89 %	10.95 %
5 yr average Debt to Equity	1.22	0.59	0.8
5yr CAGR Net Profit	21.48 %	30.27 %	29.23 %
5yr Average Return on Assets	5.97 %	2.68 %	2.76 %
Shareholdings
Promoter Holding	56.34 %	74.87 %	54.01 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.0	0.0	-1.7 %
Change in Mutual Fund Holding (3 Yrs)	-10.39 %	0.0	2.75 %

Business

	MM Forgings	Nelcast	Alicon Castalloy
Product Wise Break-Up	Product Wise Break-Up Steel Forgings 99.07 Iron Castings 0 Aluminium Castings 0 Others 0.93	Product Wise Break-Up Steel Forgings 0 Iron and Steel Castings 100.0 Aluminium Castings 0	Product Wise Break-Up Steel Forgings 0 Iron Castings 0 Aluminum Castings 100.0
Location Wise Break-Up	Location Wise Break-Up India 61.5 Rest of the World 38.5 USA 0 South America 0 Europe 0	Location Wise Break-Up Rest of the World 35.9 USA 0 Europe 0 South America 0 India 64.1	Location Wise Break-Up Rest of the World 24.0 USA 0 Europe 0 South America 0 India 76.0
Customer Segment	Customer Segment Commercial Vehicles 79.8 Auto PC 11.5 Off Highway 8.1 Railways 0 Offhighway equipment 0 Tractors 0 M&HCV 0 Non-Auto 0 0 Passenger vehicles 0 Two-wheeler 0 Others 0.6	Customer Segment d Railways 1.8 Tractors 22.6 Commercial Vehicles 0 M&HCV 36.8 0 Off Highway 0 Offhighway equipment 2.5 Non-Auto 0 Two-wheeler 0 Auto PC 0 Passenger vehicles 0 Others 36.3	Customer Segment Railways 0 Tractors 0 Commercial Vehicles 0 M&HCV 0 Commercial Vehicles 21.0 Off Highway 0 Offhighway equipment 0 Non-Auto 0 2 Wheeler 35.0 Auto PC 0 4 Wheeler 39.0 Others 5.0