MM Forgings earnings calls.

MM Forgings reported a 16% YoY revenue growthCurrent reported value: 16% YoY revenue growth. No comparable prior figure is available in the source record. to INR 427 crore in Q1 FY27, driven by strong domestic and export demand particularly in US Class A trucks and Indian CV/tractor/passenger car segments. EBITDA grew 16% YoY to INR 75 croreCurrent reported value: 16% YoY to INR 75 crore. No comparable prior figure is available in the source record. at an 18Current reported value: 18. No comparable prior figure is available in the source record.% margin, while PBT surged 30% YoYCurrent reported value: 30% YoY. No comparable prior figure is available in the source record. excluding one-time land sale gains of INR 64 crore (net INR 58 crore). The company achieved higher sales per ton of INR 2.02 lakh (+5% YoY) with machining mix rising to 67%Current 67%. Reported change: +4pp YoY., reflecting successful capex deployment. Management targets INR 1,800-1,900 crore revenueCurrent reported value: INR 1,800-1,900 crore revenue. No comparable prior figure is available in the source record. for FY27 (18% growth), with quarterly volumes expected to ramp from 20,000 tonsCurrent 20,000 tons. Reported change: +20,000 tons QoQ (Q2 guide). to 27,000-30,000 tons by Q4, pushing annual volumes toward 1 lakh tonsCurrent reported value: 1 lakh tons. No comparable prior figure is available in the source record.. Automation investments of INR 30-50 crore planned for FY27. Working capital and cost optimization remain focus areas, with EBITDA margin expansion of 1-3 percentage points targeted. Risks include raw material inflation from Middle East geopolitical tensions, rupee appreciation impacting export competitiveness, and labor constraints affecting capacity utilization in April-May.