MM Forgings Limited

Venkatakrishnan

CHIEF FINANCIAL

Annamalai Jayaraj

BATLIVALA & KARANI SECURITIES INDIA PRIVATE LIMITED

INR333 crore

eat. Afternoon, everybody. So we've had a record quarter in Q1 of this year with turnover reaching INR333 crore, and an EBITDA of 18.55% with operating profit of 8.6%. We have produced about -- sold 17,600 to

18.55%

e've had a record quarter in Q1 of this year with turnover reaching INR333 crore, and an EBITDA of 18.55% with operating profit of 8.6%. We have produced about -- sold 17,600 tons in Q1. And we remain o

8.6%

f this year with turnover reaching INR333 crore, and an EBITDA of 18.55% with operating profit of 8.6%. We have produced about -- sold 17,600 tons in Q1. And we remain on course to do around 80,000 t

5%

ing. Exports have slowed down a little bit and domestic has grown. Overall, we've grown by about 5% on Q-o-Q basis compared to Q4 of the last year. And we expect to hit numbers in the region of arou

INR1,300 crore

Q-o-Q basis compared to Q4 of the last year. And we expect to hit numbers in the region of around INR1,300 crore to INR1,500 crore of this year, as we had originally planned, around INR1,400 crore. These are th

INR1,500 crore

ed to Q4 of the last year. And we expect to hit numbers in the region of around INR1,300 crore to INR1,500 crore of this year, as we had originally planned, around INR1,400 crore. These are the fixed numbers. An

INR1,400 crore

ion of around INR1,300 crore to INR1,500 crore of this year, as we had originally planned, around INR1,400 crore. These are the fixed numbers. And if you look at the environment as such, between the last three m

rs,

ring down commodity prices overall, and raw material prices. This is happening across several sectors, many sectors it's happening, many sectors, it's not. For example, steel, with the action taken by

52%

ankar Krishnan Abhishek Kumar Jain Vidyashankar Krishnan Yes. One second. Domestic went up to 52% and export -- one, yes, sorry. Exports stands at 38% direct and domestic sales at 62%, including s

38%

ishnan Yes. One second. Domestic went up to 52% and export -- one, yes, sorry. Exports stands at 38% direct and domestic sales at 62%, including scrap and this thing, if we take just forged component

62%

c went up to 52% and export -- one, yes, sorry. Exports stands at 38% direct and domestic sales at 62%, including scrap and this thing, if we take just forged components alone, domestic is at 52% on o

INR85,000

previous quarter -- actually previous quarter meaning comparable quarter the previous year. So at INR85,000 per ton, there is an increase of around INR6,000 per ton. So overall that's largely due to more val