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M M Forgings Ltd. Notes to Accounts
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You can view the entire text of Notes to accounts of the company for the latest year
Market Cap. (Rs.) 2157.22 Cr. P/BV 2.28 Book Value (Rs.) 195.72
52 Week High/Low (Rs.) 501/288 FV/ML 10/1 P/E(X) 17.70
Bookclosure 30/07/2025 EPS (Rs.) 25.24 Div Yield (%) 0.90
Year End :2025-03 

2.19 Provisions and contingencies

A provision is recognised when the Company has a present obligation as a result of past events and it
is probable that an outflow of resources will be required to settle the obligation in respect of which a
reliable estimate can be made. Provisions (excluding retirement benefits) are not discounted to their
present value and are determined based on the best estimate required to settle the obligation at the
Balance Sheet date. These are reviewed at each Balance Sheet date and adjusted to reflect the current
best estimates. Contingent liabilities are disclosed in the Notes.

2.20 Insurance claims

Insurance claims are accounted for on the basis of claims admitted / expected to be admitted and to the
extent that there is no uncertainty in receiving the claims.

For G Ramesh Kumar & Co. Vidyashankar Krishnan K. Venkatramanan

Chartered Accountants Chairman and Managing Director Joint Managing Director

FRN 003010S (DIN:00081441) (DIN:00823317)

G. Ramesh Kumar Shankar Athreya Sumita Vidyashankar

Partner Director Director

Membership no. 018663 (DIN: 10153304) (DIN: 00059062)

Place: Chennai R. Venkatakrishnan Chandrasekar S

Date: 24 May 2025 Chief Financial Officer Company Secretary

 
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Regd. Office: 76-77, Scindia House, 1st Floor, Janpath, Connaught Place, New Delhi – 110001
NSE CASH , NSE F&O,NSE CDS| BSE CASH ,BSE CDS |DP NSDL | MCX-SX SEBI NO: INZ000155732

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