What is the share price of MM Forgings Ltd (MMFL) today?
The share price of MMFL as on 28th April 2025 is ₹348.65. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on MM Forgings Ltd (MMFL) share?
The past returns of MM Forgings Ltd (MMFL) share are- Past 1 week: -0.48%
- Past 1 month: -3.03%
- Past 3 months: -18.95%
- Past 6 months: -29.95%
- Past 1 year: -35.50%
- Past 3 years: -18.38%
- Past 5 years: 269.67%
What are the peers or stocks similar to MM Forgings Ltd (MMFL)?
The peers or stocks similar to MM Forgings Ltd (MMFL) include:What is the dividend yield % of MM Forgings Ltd (MMFL) share?
The current dividend yield of MM Forgings Ltd (MMFL) is 1.16.What is the market cap of MM Forgings Ltd (MMFL) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of MM Forgings Ltd (MMFL) is ₹1662.58 Cr as of 28th April 2025.What is the 52 week high and low of MM Forgings Ltd (MMFL) share?
The 52-week high of MM Forgings Ltd (MMFL) is ₹729.80 and the 52-week low is ₹303.What is the PE and PB ratio of MM Forgings Ltd (MMFL) stock?
The P/E (price-to-earnings) ratio of MM Forgings Ltd (MMFL) is 12.31. The P/B (price-to-book) ratio is 2.11.Which sector does MM Forgings Ltd (MMFL) belong to?
MM Forgings Ltd (MMFL) belongs to the Materials sector & Iron & Steel sub-sector.How to buy MM Forgings Ltd (MMFL) shares?
You can directly buy MM Forgings Ltd (MMFL) shares on Tickertape. Simply sign up, connect your demat account and place your order.
MM Forgings Ltd
MMFL Share Price
348.651.25% (+4.30)
MMFL Share Price Chart
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MMFL Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
MMFL Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 13.26 | 2.11 | 1.16% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 29.00 | 3.37 | 1.28% |
MMFL Analyst Ratings & Forecast
Detailed Forecast 100%
Analysts have suggested that investors can buy this stock
from 2 analysts
Price Upside
Earnings Growth
Rev. Growth
MMFL Company Profile
MM Forgings Limited is engaged in manufacturing steel forging. The Company is a manufacturer of automotive components.
MMFL Similar Stocks (Peers)
Compare with peersJSWSTEEL
PE Ratio
28.48
1Y Return
13.53%
Buy Reco %
65.52
TATASTEEL
PE Ratio
-39.06
1Y Return
17.20%
Buy Reco %
58.62
JINDALSTEL
PE Ratio
15.19
1Y Return
5.35%
Buy Reco %
70.83
BHARATFORG
PE Ratio
54.71
1Y Return
17.03%
Buy Reco %
54.55
PE Ratio
15.46
1Y Return
30.40%
Buy Reco %
20.83
MMFL Sentiment Analysis
New
Crisp summary & key insights to decode earnings calls instantly
MMFL Stock Summary · June 2024
In Q4 FY24, the company reported a turnover of INR 1,585 crores, slightly below expectations, primarily due to a sluggish domestic market, although export growth remained robust at 10% to 15%. Management is optimistic about future performance, planning to invest INR 500 crores to enhance production capacity and targeting EBITDA margins exceeding 20% by year-end. Despite challenges in the commercial vehicle sector, particularly in North America, the company anticipates a 10% growth in the domestic market, driven by new product launches and a strategic shift towards precision machining. Additionally, initiatives in sustainable energy are expected to improve profitability, reflecting a commitment to operational efficiency and long-term growth.
Key Points on Mmfl Stock
MMFL Stock Growth Drivers
8Strong Export Growth
The company has achieved a notable increase in exports, with growth rates between 10% to
Capacity Expansion and Investment Plans
The company plans to invest around INR 500 crores over the next 12 to 14
MMFL Stock Challenges
5Decline in Revenue and Profitability
The company has experienced a decline in consolidated revenue, attributed to slow tractor sales in
Inventory and Receivables Concerns
There has been an increase in inventories and trade receivables, raising concerns about potential slow-moving
MMFL Forecasts
Price
Revenue
Earnings
MMFL Share Price Forecast
2024
Current
₹344.35
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Forecast for Apr 2026
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2024
Current
₹344.35
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MMFL Company Revenue Forecast
2024
Current
₹1.58
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Forecast for Mar 2026
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2024
Current
₹1.58
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MMFL Stock EPS (Earnings Per Share) Forecast
2024
Current
₹27.97
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Forecast for Mar 2026
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₹27.97
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MMFL
Income
Balance Sheet
Cash Flow
Annual Normal View
MMFL Income Statement
Annual Normal View
| Financial Year | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 650.98 | 950.00 | 787.95 | 771.78 | 1,155.34 | 1,474.37 | 1,584.86 | 1,574.58 | ||||||||
Raw Materials | 287.25 | 455.25 | 337.03 | 327.59 | 525.05 | 744.24 | 777.56 | 1,251.30 | ||||||||
| Power & Fuel Cost | 60.32 | 81.85 | 73.23 | 73.00 | 95.41 | 128.35 | 147.40 | |||||||||
| Employee Cost | 57.97 | 82.26 | 82.83 | 80.14 | 110.11 | 122.67 | 129.89 | |||||||||
| Selling & Administrative Expenses | 46.28 | 53.69 | 39.64 | 46.02 | 95.78 | 90.04 | 92.11 | |||||||||
| Operating & Other expenses | 65.04 | 94.58 | 104.26 | 96.68 | 104.64 | 103.73 | 123.28 | |||||||||
EBITDA | 134.12 | 182.37 | 150.96 | 148.35 | 224.35 | 285.34 | 314.62 | 323.28 | ||||||||
| Depreciation/Amortization | 46.44 | 58.07 | 59.56 | 64.58 | 67.77 | 78.81 | 82.81 | 87.91 | ||||||||
| PBIT | 87.68 | 124.30 | 91.40 | 83.77 | 156.58 | 206.53 | 231.81 | 235.37 | ||||||||
| Interest & Other Items | 13.49 | 31.58 | 38.30 | 32.13 | 27.73 | 29.57 | 42.32 | 59.41 | ||||||||
| PBT | 74.19 | 92.72 | 53.10 | 51.64 | 128.85 | 176.96 | 189.49 | 175.96 | ||||||||
| Taxes & Other Items | 13.58 | 27.21 | 11.19 | 5.57 | 37.86 | 49.01 | 54.46 | 50.62 | ||||||||
| Net Income | 60.61 | 65.51 | 41.91 | 46.07 | 90.99 | 127.95 | 135.03 | 125.34 | ||||||||
| EPS | 12.55 | 13.57 | 8.68 | 9.54 | 18.85 | 26.50 | 27.97 | 25.96 | ||||||||
| DPS | 2.50 | 2.50 | 2.50 | 2.50 | 3.00 | 3.00 | 4.00 | 4.00 | ||||||||
| Payout ratio | 0.20 | 0.18 | 0.29 | 0.26 | 0.16 | 0.11 | 0.14 | 0.15 |
MMFL Company Updates
FY 2015
Annual report
PDFFY 2016
Annual report
PDFFY 2018
Annual report
PDFFY 2019
Annual report
PDFFY 2020
Annual report
PDFFY 2021
Annual report
PDFFY 2022
Annual report
PDFFY 2023
Annual report
PDFFY 2024
Annual report
PDFMMFL Past Performance & Peer Comparison
Comparing 3 stocks from
MaterialsIron & Steel
Compare valuation on Screener
MaterialsIron & Steel
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| MM Forgings Ltd | 12.31 | 2.11 | 1.16% |
| JSW Steel Ltd | 28.48 | 3.14 | 0.89% |
| Tata Steel Ltd | -39.06 | 1.88 | 2.59% |
| Jindal Steel And Power Ltd | 15.19 | 2.02 | 0.22% |
MMFL Stock Price Comparison
Compare MMFL with any stock or ETFCompare MMFL with any stock or ETF
MMFL
MMFL Shareholdings
MMFL Promoter Holdings Trend
Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
MMFL Institutional Holdings Trend
Decreased Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.
In last 3 months, retail holding in the company has decreased by 13.87%
Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock
In last 3 months, foreign institutional holding of the company has almost stayed constant
MMFL Shareholding Pattern
MMFL Shareholding History
Foreign Institutions
Mutual Funds Invested in MMFL
A list of mutual funds holding the stock, ranked on the basis of Market-cap held which is calculated as the value of stock held in the portfolio divided by its market cap
Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding MM Forgings Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 3.2103% | Percentage of the fund’s portfolio invested in the stock 0.58% | Change in the portfolio weight of the stock over the last 3 months -0.18% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 49/63 (-1) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 2.4724% | Percentage of the fund’s portfolio invested in the stock 0.18% | Change in the portfolio weight of the stock over the last 3 months -0.06% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 46/131 (-23) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.1841% | Percentage of the fund’s portfolio invested in the stock 0.12% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 191/229 (-11) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases containing MMFL stock
Looks like this stock is not in any smallcase yet.
MMFL Events
MMFL Dividend Trend
No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year
MMFL has increased or maintained dividend levels over the last 5 years
Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation
Current dividend yield is 1.16%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.62 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
MMFL Upcoming Dividends
No upcoming dividends are available
MMFL Past Dividends
Cash Dividend
Ex DateEx DateJun 14, 2024
Interim
Interim | Div/Share: ₹8.00
Dividend/Share
₹8.00
Ex DateEx Date
Jun 14, 2024
Cash Dividend
Ex DateEx DateMay 29, 2023
Interim
Interim | Div/Share: ₹6.00
Dividend/Share
₹6.00
Ex DateEx Date
May 29, 2023
Cash Dividend
Ex DateEx DateJun 6, 2022
Interim
Interim | Div/Share: ₹6.00
Dividend/Share
₹6.00
Ex DateEx Date
Jun 6, 2022
Cash Dividend
Ex DateEx DateJul 1, 2021
Interim
Interim | Div/Share: ₹5.00
Dividend/Share
₹5.00
Ex DateEx Date
Jul 1, 2021
Cash Dividend
Ex DateEx DateMar 19, 2020
Interim
Interim | Div/Share: ₹5.00
Dividend/Share
₹5.00
Ex DateEx Date
Mar 19, 2020
MMFL Stock News & Opinions
Articles & Videos
Corporate
M M Forgings appoints director
M M Forgings has appointed Rama Sivaraman, holding DIN: 07425519, as an Additional Director in the position of Non-Executive Independent Director (woman Independent Director) of the Company, for a term of five consecutive years, effective 31 March 2025. Powered by Capital Market - Live
1 month agoCapital Market - Live
Earnings
M M Forgings consolidated net profit declines 20.84% in the December 2024 quarter
Net profit of M M Forgings declined 20.84% to Rs 26.55 crore in the quarter ended December 2024 as against Rs 33.54 crore during the previous quarter ended December 2023. Sales declined 6.26% to Rs 372.49 crore in the quarter ended December 2024 as against Rs 397.37 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales372.49397.37 -6 OPM %19.6318.95 - PBDT61.1669.78 -12 PBT38.5148.77 -21 NP26.5533.54 -21 Powered by Capital Market - Live
2 months agoCapital Market - Live
Corporate
MM Forgings to convene board meeting
MM Forgings will hold a meeting of the Board of Directors of the Company on 3 February 2025.Powered by Capital Market - Live
3 months agoCapital Market - Live
Earnings
M M Forgings consolidated net profit declines 9.99% in the September 2024 quarter
Net profit of M M Forgings declined 9.99% to Rs 31.91 crore in the quarter ended September 2024 as against Rs 35.45 crore during the previous quarter ended September 2023. Sales rose 0.62% to Rs 390.76 crore in the quarter ended September 2024 as against Rs 388.37 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales390.76388.37 1 OPM %19.6919.19 - PBDT67.9569.88 -3 PBT44.9249.12 -9 NP31.9135.45 -10 Powered by Capital Market - Live
5 months agoCapital Market - Live
Corporate
MM Forgings to convene board meeting
MM Forgings will hold a meeting of the Board of Directors of the Company on 26 October 2024.Powered by Capital Market - Live
6 months agoCapital Market - Live
Earnings
M M Forgings consolidated net profit rises 3.83% in the June 2024 quarter
Net profit of M M Forgings rose 3.83% to Rs 30.11 crore in the quarter ended June 2024 as against Rs 29.00 crore during the previous quarter ended June 2023. Sales rose 3.70% to Rs 378.04 crore in the quarter ended June 2024 as against Rs 364.54 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales378.04364.54 4 OPM %19.3417.95 - PBDT64.1361.08 5 PBT42.1240.25 5 NP30.1129.00 4 Powered by Capital Market - Live
8 months agoCapital Market - Live
Corporate
MM Forgings to convene board meeting
MM Forgings will hold a meeting of the Board of Directors of the Company on 12 August 2024.Powered by Capital Market - Live
8 months agoCapital Market - Live
Corporate
Board of M M Forgings approves allotment of 2.41 cr bonus equity shares
The Board of M M Forgings at its meeting held on 17 July 2024 has approved the allotment of 2,41,40,800 fully paid-up equity shares of Rs 10 each, as equity bonus shares in ratio of 1:1. With this allotment, the paid up equity share capital has increased to 4,82,81,600 equity shares of Rs 10 each amounting to Rs 48,28,16,000. Powered by Capital Market - Live
9 months agoCapital Market - Live
Broker’s call: MM Forgings (Accumulate)
9 months agoThe Hindu Businessline
MM Forgings Q4 Results: Net Profit Jumps 18%
10 months agoNDTV Profit
Over the last 5 years, revenue has grown at a yearly rate of 10.78%, vs industry avg of 9.83%
Over the last 5 years, market share increased from 0.18% to 0.2%
Over the last 5 years, net income has grown at a yearly rate of 15.56%, vs industry avg of 4.81%