Outcome of the Board Meeting 27 May 2026

Pat NegativeEbitda Margin CompressionExceptional ItemResults View source PDF Explain this filing

MMFL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.7%Reaction day

₹460.15

prior close

₹470.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%-2.1% vs market

Auto Components & Equipments peers, median of 116sector-1.3%-1.4% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.4 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.4

10m

-2.6

15m

-3.1

30m

-3.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7-0.6-2.1-1.3-1.4

Next day

-3.3-1.7-1.6-2.2-1.1

-3.3-0.7-2.6-2.3-1.0

-5.3-0.4-4.9-2.3-3.0

-0.7+0.4-1.1-2.1+1.4

-1.3+0.4-1.8-1.8+0.5

-1.6+0.3-1.9-2.0+0.4

15d

+2.1+5.5-3.4+0.9+1.3

+0.3+4.6-4.3+0.7-0.4

+19.2+5.3+13.9+3.7+15.5

+41.3+11.6+29.7+5.5+35.7

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 116Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

M M Forgings Ltd board approved audited standalone and consolidated financial results for Q4 and FY ended March 2026. Revenue from operations grew 4.5% to ₹1,52,859 lakhs from ₹1,46,271 lakhs. However, profit before tax declined 28% to ₹12,942 lakhs (PY: ₹17,992 lakhs) and profit after tax fell 16.8% to ₹11,331 lakhs (PY: ₹13,624 lakhs). EPS dropped to ₹23.58 from ₹28.23. Finance costs increased significantly by 27.6% to ₹7,820 lakhs. The board declared an interim dividend of ₹4 per share (40%), payable by June 24, 2026. Statutory auditors G. Ramesh Kumar & Co issued an unmodified (clean) opinion on the financial statements. A proposed merger with wholly-owned subsidiary DVS Industries Private Limited is awaiting NCLT approval.

Likely market impact

Profit decline despite revenue growth signals margin pressure from higher finance costs and expenses. The clean audit opinion is positive but investors may focus on the 17% PAT decline. Dividend payout provides some support.