MMFL / guidance tracker

Keep management guidance in view.

MM Forgings · forward-looking guidance across the available source record.

Research layer active

Guidance tracker

What management said would happen.

FY27 Revenue Guidance: INR 1,800-1,900 crore

Management targets 18% YoY revenue growth to INR 1,800-1,900 crore for FY27, building on INR 1,600 crore base in FY26, supported by strong order book across all geographies.

revenue

Volume Ramp to 1 Lakh+ Tons Annually

Quarterly volumes expected to scale from 20,000 tons in Q1 to 23,000-25,000 tons in Q2 and 27,000-30,000 tons by Q4, targeting 1 lakh+ tons for FY27 (vs 78,000 tons in FY26) and 1.1 lakh tons in FY28.

growth

EBITDA Margin Target: 20%+

Management sees clear visibility for 1-2% EBITDA margin improvement with target of 20%+ through cost optimization, working capital reduction using AI tools, and operating leverage from higher volumes.

margins

Automation Capex: INR 30-50 Crore in FY27

Company plans to triple automation investments from current INR 7.5-10 crore to INR 30-50 crore by end of FY27, focusing on robotics and AI-driven efficiency improvements across machining and forging operations.

ai_strategy