'
MM
Forgings hosted a conference call on May 26, 2025. In the conference call, the
company was represented by Mr Vidyasankar Krishnan – Chairman and Managing
Director and Mr Venkatakrishnan – Chief Financial Officer.
Key
takeaways of the call
The
company clocked a total sales tonnage of about 82,000 in FY25.
Going
forward, the company expects EBITDA margin to improve to 20% from current
19.5%.
Management
highlighted that more than 90% of its new orders are for machined parts.
Going
forward, the company’s focus is on improving sales in keeping with market
conditions.
The
company is focused on new product development, strategic business initiatives
including cost reduction and expansion into new markets. FY26 goals also
include diversification of the product portfolio to broaden the total
addressable market.
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