M M Forgings Limited Overview
Pro stress-test →M M Forgings Limited manufactures steel forgings in raw, semi-machined and fully machined stages in various grades of Carbon, Alloy, Micro-Alloy and Stainless Steels. The company offers sprockets, flanges, connecting rods, and other automotive components used for passenger cars, commercial vehicles, off-highway vehicles, and engineering components.
Strategic Profile
Pro stress-test →The company is a net earner of foreign exchange with export sales contributing 38.5% of its total revenue. MM Forgings acquired a 16,500-ton hot forging mechanical press, the largest of its kind globally, positioning it for significant capacity expansion and competitive advantage.
Competitive Landscape
Pro stress-test →Key competitors include Bharat Forge Ltd, AIA Engineering Ltd, Ramkrishna Forgings Ltd, and CIE Automotive India Ltd. MM Forgings differentiates through its world-scale manufacturing capability and balanced domestic-export revenue base, though it competes primarily on cost efficiency and delivery reliability in commodity-like steel forgings segments.
Industry Context
M M Forgings Limited operates in Metal Fabrication / Steel Forgings.
Key facts
Founded: 1945 · Headquarters: Chennai, India · Employees: 2,297 · Revenue: ₹15.25B (FY2024) · Market cap: $2.65B INR (₹22.14B)