MM
M M Forgings Ltd (MMFL)
₹575.40
Mkt cap
₹3,035 Cr
P/E ratio
27.00
P/B
2.85
Div yield
0.64%
ROE
10.50%
ROCE
8.97%
EPS (TTM)
₹21.31
Book value
₹202
52W range
288–688
Sector
Consumer Discretionary
Price history
Previous close
M M Forgings Limited is engaged in the business of manufacturing Steel Forgings in raw, semi-machined and fully machined stages in various grades of Carbon, Alloy, Micro-Alloy and Stainless Steels. [1]
NSE MMFLBSE 522241
Health check
Mixed
ValuationFair
ProfitabilityWeak
GrowthHigh
TechnicalsNeutral
52-week range
−16.36% from high₹575
₹288+99.72% from low₹688
Current
₹575.40
Prev close
₹553.00
Day
+4.05%
Price performance
1D
+4.05%
1W
−4.81%
1M
−10.35%
3M
+16.34%
6M
+39.64%
1Y
+86.42%
YTD
+45.87%
Financials
Revenue, profit & margin
P/E ratio
27.0×
MMFL is 6% below the sector median of 28.9×
MMFL27.0×
Sector median28.9×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 370 | 397 | 399 | 398 | 382 | 398 | 374 | 371 | 362 | 385 | 414 | 430 | 420 | |
| Expenses | 305 | 322 | 323 | 320 | 309 | 321 | 301 | 298 | 298 | 318 | 344 | 349 | 346 | |
| Operating Profit | 65 | 75 | 75 | 78 | 73 | 77 | 73 | 73 | 63 | 67 | 69 | 81 | 75 | |
| OPM % | 18% | 19% | 19% | 20% | 19% | 19% | 20% | 20% | 18% | 17% | 17% | 19% | 18% | |
| Other Income | 5 | 5 | 6 | 6 | 6 | 7 | 4 | 6 | 8 | 4 | 3 | 1 | 63 | |
| Interest | 10 | 9 | 11 | 13 | 15 | 16 | 15 | 14 | 18 | 21 | 20 | 18 | 16 | |
| Depreciation | 21 | 21 | 21 | 20 | 22 | 23 | 23 | 26 | 25 | 24 | 26 | 28 | 30 | |
| Profit before tax | 40 | 50 | 49 | 50 | 42 | 45 | 39 | 40 | 28 | 25 | 26 | 35 | 91 | |
| Tax % | 28% | 29% | 31% | 27% | 29% | 29% | 31% | 17% | 31% | 34% | 33% | -26% | 1% | |
| Net Profit | 29 | 35 | 34 | 37 | 30 | 32 | 27 | 33 | 19 | 17 | 18 | 45 | 90 | |
| EPS in Rs | 6.00 | 7.34 | 6.94 | 7.62 | 6.23 | 6.61 | 5.50 | 6.89 | 3.97 | 3.43 | 3.64 | 9.27 | 18.73 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +7.21% · closed higher next day 1 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 14 Aug '26◦ |
| Earnings day | +7.21% |
| +1 day | +15.34% |
| +5 days | +7.81% |
| +15 days | +4.81% |
| +30 days | +3.86% |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 202656.33%Promoter
Promoters56.33%
FIIs2.44%0.59
DIIs7.49%0.89
Public33.73%0.29
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Samvardh. Mothe. | ₹162.57 | 37.55 | 1,71,584 | 0.37% | 1,076 | +81.52% | 35,244 | +16.65% | 13.43% |
| Bosch | ₹47,000.00 | 58.66 | 1,38,632 | 0.57% | 706 | +5.20% | 5,842 | +22.00% | 21.54% |
| Bharat Forge | ₹1,962.10 | 92.90 | 93,806 | 0.43% | −90 | −57.72% | 4,640 | +18.71% | 12.61% |
| Uno Minda | ₹1,284.00 | 60.66 | 74,147 | 0.21% | 316 | +1.76% | 5,557 | +23.79% | 19.65% |
| Schaeffler India | ₹4,217.60 | 51.06 | 65,923 | 0.83% | 337 | +13.67% | 2,681 | +17.50% | 27.90% |
| Sona BLW Precis. | ₹808.00 | 64.86 | 50,430 | 0.42% | 220 | +73.37% | 1,157 | +50.82% | 15.11% |
| Tube Investments | ₹2,600.00 | 80.30 | 50,329 | 0.13% | 294 | −15.25% | 6,215 | +17.07% | 17.14% |
| M M Forgings | ₹628.55 | 26.98 | 3,035 | 0.64% | 90 | +78.06% | 420 | +16.27% | 8.97% |
| Median: 129 Co. | ₹472.30 | 28.86 | 1,416 | 0.36% | 12 | +22.34% | 265 | +21.04% | 15.92% |
Filings
Annual reports15
Concall transcripts29
TranscriptAug 2026PPTAug 2026RECAug 2026PPTMay 2026TranscriptMar 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025PPTFeb 2025PPTSep 2024PPTAug 2024TranscriptJun 2024TranscriptAug 2023TranscriptMay 2023TranscriptFeb 2023
Credit ratings5
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 10 Sep - We are intimating the proposed investor group call scheduled on 15 September 2026Announcement under Regulation 30 (LODR)-Earnings Call Transcript 21 AugAnnouncement under Regulation 30 (LODR)-Investor Presentation 18 Aug - We are submitting the Q1 FY 2027 investor presentation.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 18 Aug - Audio recording shared for 17 Aug 2026 analyst call on Q1 FY27 results.Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Aug - Publication of newspaper for Q1FY 27 results