MM Forgings Limited Share Price & Analysis
₹482.75−1.70%Updated 28 Oct 2026, 03:30 pm IST
LTP
₹482.75−1.70%Open
₹491.10High
₹491.10Low
₹480.05Close
₹482.7552W High
₹690.0052W Low
₹295.00Volume
24KLot Size
1Sector
Automobile and Auto ComponentsMarket Cap
₹2K CrFace Value
₹10Small Cap
Price Chart
Candle
Range
Fundamentals
P/E
20.60Sector P/E
38.90P/B
—EPS
₹17.93ROE
10.50%ROCE
8.97%D/E Ratio
1.10Div Yield
0.83%Book Value
₹202.00Strengths
- Attractively valued vs sector (P/E 20.6x vs industry 38.9x)
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| M&M Mahindra & Mahindra Limited | ₹2,870 | ₹3.6L Cr | 18.6 | 3.83 | 20.3 | 15.1 | 1.53 |
| MARUTI Maruti Suzuki India Limited | ₹11,579 | ₹3.5L Cr | 24.6 | 3.4 | 14.3 | 18.9 | 0 |
| BAJAJ-AUTO Bajaj Auto Limited | ₹10,485 | ₹2.8L Cr | 23.5 | 7.55 | 29.2 | 28.2 | 0.58 |
| EICHERMOT Eicher Motors Limited | ₹7,300 | ₹1.9L Cr | 33.4 | 7.98 | 24 | 30.5 | 0.02 |
| TVSMOTOR TVS Motor Company Limited | ₹4,240 | ₹1.9L Cr | 54.7 | 21.09 | 33.6 | 17.4 | 3.89 |
| MOTHERSON Samvardhana Motherson International Limited | ₹160 | ₹1.6L Cr | 35.4 | 4.13 | 11.2 | 13.4 | 0.53 |
| HYUNDAI Hyundai Motor India Limited | ₹1,867 | ₹1.5L Cr | 30.4 | 7.59 | 29.9 | 38.4 | 0.05 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MMFL · as of Mar 2026
Promoters56.33%
FII3.09%0.66pp
DII8.92%0.93pp
Public31.65%1.59pp
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 56.33% | 56.33% | 56.33% | 56.33% | 56.33% | 56.33% |
| FII | 1.93% | 2.28% | 2.85% | 3.41% | 3.75% | 3.09% |
| DII | 14.47% | 11.83% | 10.72% | 10.50% | 9.85% | 8.92% |
| Public | 27.27% | 29.56% | 30.10% | 29.75% | 30.06% | 31.65% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Dividend26 May 2026
To consider and approve the financial results for the period ended March 31, 2026
Results26 May 2026
Dividend - Rs 4 Per Share
Dividend29 Jul 2025
Bonus 1:1
Bonus15 Jul 2024
Interim Dividend - Rs 8 Per Share
Dividend13 Jun 2024
Interim Dividend - Rs 6 Per Share
Dividend28 May 2023
Latest News
All newsMM Forgings proposes amalgamation with subsidiary
*MM Forgings proposes amalgamation with subsidiary.* The move aims to streamline operations and improve corporate efficiency. No financial details of the merger are disclosed yet. The proposal is subject to regulatory and shareholder approvals. 📊 *STOCKS:* MMFORKINGS | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Amalgamation
NSE Filing30 Jun
MM Forgings to host analyst and investor meet.
*MM Forgings to host analyst and investor meet.* The company has scheduled a conference call for analysts and institutional investors. Such meets are routine for investor outreach and updates. No major strategic announcements were disclosed. 📊 *STOCKS:* $MMFL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
NSE Filing10 Sept
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹414 Cr 7.5% | ₹385 Cr 6.4% | ₹362 Cr 2.4% | ₹371 Cr 0.8% | ₹374 Cr 6.0% | ₹398 Cr 4.2% | ₹382 Cr 4.0% | ₹398 Cr |
| Op. Profit | ₹69 Cr 3.0% | ₹67 Cr 6.3% | ₹63 Cr 13.7% | ₹73 Cr 0.0% | ₹73 Cr 5.2% | ₹77 Cr 5.5% | ₹73 Cr 6.4% | ₹78 Cr |
| OPM | 17.0% 0.0% | 17.0% 5.6% | 18.0% 10.0% | 20.0% 0.0% | 20.0% 5.3% | 19.0% 0.0% | 19.0% 5.0% | 20.0% |
| Net Profit | ₹18 Cr 5.9% | ₹17 Cr 10.5% | ₹19 Cr 42.4% | ₹33 Cr 22.2% | ₹27 Cr 15.6% | ₹32 Cr 6.7% | ₹30 Cr 18.9% | ₹37 Cr |
| EPS (₹) | 3.64 6.1% | 3.43 13.6% | 3.97 42.4% | 6.89 25.3% | 5.5 16.8% | 6.61 6.1% | 6.23 18.2% | 7.62 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.6K Cr 4.3% | ₹1.5K Cr 2.4% | ₹1.6K Cr 6.9% | ₹1.5K Cr 28.2% | ₹1.1K Cr 51.6% | ₹752 Cr 2.2% | ₹769 Cr 17.7% | ₹934 Cr 46.2% | ₹639 Cr 304.4% | ₹158 Cr |
| Expenses | ₹1.3K Cr 6.6% | ₹1.2K Cr 3.2% | ₹1.3K Cr 6.8% | ₹1.2K Cr 27.7% | ₹931 Cr 49.4% | ₹623 Cr 2.2% | ₹637 Cr 16.1% | ₹759 Cr 49.1% | ₹509 Cr 274.3% | ₹136 Cr |
| Op. Profit | ₹280 Cr 5.4% | ₹296 Cr 1.0% | ₹293 Cr 7.3% | ₹273 Cr 30.6% | ₹209 Cr 62.0% | ₹129 Cr 2.3% | ₹132 Cr 24.6% | ₹175 Cr 34.6% | ₹130 Cr 465.2% | ₹23 Cr |
| OPM | 18.0% 5.3% | 19.0% 0.0% | 19.0% 0.0% | 19.0% 5.6% | 18.0% 5.9% | 17.0% 0.0% | 17.0% 10.5% | 19.0% 5.0% | 20.0% 42.9% | 14.0% |
| Other Income | ₹16 Cr 30.4% | ₹23 Cr 4.5% | ₹22 Cr 83.3% | ₹12 Cr 25.0% | ₹16 Cr 20.0% | ₹20 Cr 5.3% | ₹19 Cr 137.5% | ₹8 Cr 100.0% | ₹4 Cr 42.9% | ₹7 Cr |
| Interest | ₹78 Cr 30.0% | ₹60 Cr 42.9% | ₹42 Cr 40.0% | ₹30 Cr 7.1% | ₹28 Cr 12.5% | ₹32 Cr 15.8% | ₹38 Cr 18.8% | ₹32 Cr 146.2% | ₹13 Cr 116.7% | ₹6 Cr |
| Depreciation | ₹103 Cr 10.8% | ₹93 Cr 12.0% | ₹83 Cr 5.1% | ₹79 Cr 16.2% | ₹68 Cr 4.6% | ₹65 Cr 8.3% | ₹60 Cr 3.4% | ₹58 Cr 26.1% | ₹46 Cr 283.3% | ₹12 Cr |
| PBT | ₹115 Cr 30.7% | ₹166 Cr 12.2% | ₹189 Cr 6.8% | ₹177 Cr 37.2% | ₹129 Cr 148.1% | ₹52 Cr 1.9% | ₹53 Cr 43.0% | ₹93 Cr 25.7% | ₹74 Cr 516.7% | ₹12 Cr |
| Tax % | 14.0% 46.2% | 26.0% 10.3% | 29.0% 3.6% | 28.0% 3.4% | 29.0% 163.6% | 11.0% 47.6% | 21.0% 27.6% | 29.0% 61.1% | 18.0% 50.0% | 12.0% |
| Net Profit | ₹99 Cr 18.9% | ₹122 Cr 9.6% | ₹135 Cr 5.5% | ₹128 Cr 40.7% | ₹91 Cr 97.8% | ₹46 Cr 9.5% | ₹42 Cr 36.4% | ₹66 Cr 8.2% | ₹61 Cr 510.0% | ₹10 Cr |
| EPS (₹) | 20.44 19.0% | 25.24 9.7% | 27.96 5.5% | 26.49 40.6% | 18.84 97.5% | 9.54 9.9% | 8.68 36.0% | 13.56 7.9% | 12.57 481.9% | 2.16 |
| Div Payout | 0.0% 100.0% | 16.0% 14.3% | 14.0% 27.3% | 11.0% 31.3% | 16.0% 38.5% | 26.0% 10.3% | 29.0% 61.1% | 18.0% 10.0% | 20.0% 17.6% | 17.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹48 Cr 0.0% | ₹48 Cr 100.0% | ₹24 Cr 0.0% | ₹24 Cr 0.0% | ₹24 Cr 0.0% | ₹24 Cr 0.0% | ₹24 Cr 0.0% | ₹24 Cr 100.0% | ₹12 Cr 0.0% | ₹12 Cr |
| Reserves | ₹879 Cr 4.3% | ₹843 Cr 10.2% | ₹765 Cr 17.9% | ₹649 Cr 21.3% | ₹535 Cr 15.6% | ₹463 Cr 7.4% | ₹431 Cr 6.9% | ₹403 Cr 14.8% | ₹351 Cr 281.5% | ₹92 Cr |
| Borrowings | ₹1.2K Cr 2.6% | ₹1.2K Cr 27.3% | ₹931 Cr 23.1% | ₹756 Cr 10.4% | ₹685 Cr 28.8% | ₹532 Cr 6.0% | ₹566 Cr 17.7% | ₹688 Cr 78.7% | ₹385 Cr 237.7% | ₹114 Cr |
| Other Liabilities | ₹340 Cr 25.0% | ₹272 Cr 9.2% | ₹249 Cr 7.3% | ₹232 Cr 36.5% | ₹170 Cr 26.1% | ₹230 Cr 103.5% | ₹113 Cr 9.7% | ₹103 Cr 14.4% | ₹90 Cr 275.0% | ₹24 Cr |
| Total Liabilities | ₹2.5K Cr 5.7% | ₹2.3K Cr 19.3% | ₹2.0K Cr 18.5% | ₹1.7K Cr 17.5% | ₹1.4K Cr 13.1% | ₹1.3K Cr 10.2% | ₹1.1K Cr 6.9% | ₹1.2K Cr 45.3% | ₹838 Cr 246.3% | ₹242 Cr |
Assets | ||||||||||
| Fixed Assets | ₹1.1K Cr 11.7% | ₹964 Cr 5.5% | ₹914 Cr 13.7% | ₹804 Cr 13.6% | ₹708 Cr 4.9% | ₹675 Cr 5.2% | ₹712 Cr 9.4% | ₹651 Cr 60.3% | ₹406 Cr 212.3% | ₹130 Cr |
| CWIP | ₹310 Cr 19.1% | ₹383 Cr 208.9% | ₹124 Cr 96.8% | ₹63 Cr 75.0% | ₹36 Cr 111.8% | ₹17 Cr 30.8% | ₹13 Cr 66.7% | ₹39 Cr 44.4% | ₹27 Cr 22.7% | ₹22 Cr |
| Investments | ₹4 Cr 0.0% | ₹4 Cr 82.6% | ₹23 Cr 4.5% | ₹22 Cr 0.0% | ₹22 Cr 633.3% | ₹3 Cr 0.0% | ₹3 Cr 0.0% | ₹3 Cr 0.0% | ₹3 Cr | ₹0 Cr |
| Other Assets | ₹1.1K Cr 9.5% | ₹997 Cr 9.8% | ₹908 Cr 17.6% | ₹772 Cr 19.3% | ₹647 Cr 17.0% | ₹553 Cr 36.2% | ₹406 Cr 22.5% | ₹524 Cr 30.3% | ₹402 Cr 346.7% | ₹90 Cr |
| Total Assets | ₹2.5K Cr 5.7% | ₹2.3K Cr 19.3% | ₹2.0K Cr 18.5% | ₹1.7K Cr 17.5% | ₹1.4K Cr 13.1% | ₹1.3K Cr 10.2% | ₹1.1K Cr 6.9% | ₹1.2K Cr 45.3% | ₹838 Cr 246.3% | ₹242 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2010 | Mar 2009 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹182 Cr 22.1% | ₹149 Cr 6.9% | ₹160 Cr 6.7% | ₹150 Cr 650.0% | ₹20 Cr 92.9% | ₹283 Cr 948.1% | ₹27 Cr 575.0% | ₹4 Cr 85.2% | ₹27 Cr 17.4% | ₹23 Cr |
| Investing CF | ₹-358 Cr 54.3% | ₹-232 Cr 24.1% | ₹-187 Cr 48.4% | ₹-126 Cr 1045.5% | ₹-11 Cr 85.9% | ₹-78 Cr 74.1% | ₹-301 Cr 250.0% | ₹-86 Cr 473.3% | ₹-15 Cr 63.4% | ₹-41 Cr |
| Financing CF | ₹185 Cr 140.3% | ₹77 Cr 381.3% | ₹16 Cr 14.3% | ₹14 Cr 366.7% | ₹3 Cr 101.5% | ₹-202 Cr 171.9% | ₹281 Cr 150.9% | ₹112 Cr 1700.0% | ₹-7 Cr 138.9% | ₹18 Cr |
| Net Cash Flow | ₹8 Cr 233.3% | ₹-6 Cr 40.0% | ₹-10 Cr 125.6% | ₹39 Cr 225.0% | ₹12 Cr 300.0% | ₹3 Cr 62.5% | ₹8 Cr 73.3% | ₹30 Cr 500.0% | ₹5 Cr | ₹0 Cr |
| Free Cash Flow | ₹-221 Cr 116.7% | ₹-102 Cr 155.0% | ₹-40 Cr 200.0% | ₹40 Cr 544.4% | ₹-9 Cr 104.8% | ₹189 Cr 165.6% | ₹-288 Cr 223.6% | ₹-89 Cr 4550.0% | ₹2 Cr 122.2% | ₹-9 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2010 | Mar 2009 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 84d 31.3% | 64d 30.6% | 49d 2.0% | 50d 10.7% | 56d 460.0% | 10d 71.4% | 35d 2.8% | 36d 46.3% | 67d 131.0% | 29d |
| Inventory Days | 188d 6.8% | 176d 8.0% | 163d 10.9% | 147d 22.6% | 190d 35.7% | 140d 16.7% | 168d 5.6% | 178d 17.9% | 151d 1.3% | 149d |
| Days Payable | 95d 15.9% | 82d 7.9% | 89d 12.7% | 79d 26.9% | 108d 31.7% | 82d 64.0% | 50d 45.7% | 92d 39.4% | 66d 247.4% | 19d |
| Cash Conv. Cycle | 178d 12.7% | 158d 28.5% | 123d 4.2% | 118d 15.1% | 139d 104.4% | 68d 55.6% | 153d 26.4% | 121d 20.4% | 152d 5.0% | 160d |
| Working Capital Days | -14d 30.0% | -20d 20.0% | -25d 0.0% | -25d 141.7% | 60d 198.4% | -61d 454.5% | -11d 72.5% | -40d 125.8% | 155d 16.5% | 133d |
| ROCE | 12.0% 20.0% | 15.0% 0.0% | 15.0% 7.1% | 14.0% 75.0% | 8.0% 11.1% | 9.0% 35.7% | 14.0% | — | 9.0% 25.0% | 12.0% |
Source: Screener.in · Lower days = better efficiency
Related Analysis
Frequently Asked Questions
What is MM Forgings Limited share price today?
MM Forgings Limited (MMFL) is currently trading at ₹482.75 on NSE, down 1.70% as of the last market session. Prices update daily after market close on MarketNetra.
Is MM Forgings Limited available in F&O (Futures & Options)?
Yes, MM Forgings Limited (MMFL) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is MM Forgings Limited 52-week high and low?
MM Forgings Limited's 52-week high is ₹690 and the 52-week low is ₹295. The current price of ₹482.75 is 30.0% below the 52W high.
What is MM Forgings Limited P/E ratio?
MM Forgings Limited's current P/E ratio is 20.6. This indicates the market is paying ₹20.6 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade MM Forgings Limited options?
MM Forgings Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade MMFL options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.