What is the share price of MM Forgings Ltd (MMFL) today?
The share price of MMFL as on 29th May 2026 is ₹447.95. 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: -2.83%
- Past 1 month: -9.56%
- Past 3 months: -2.43%
- Past 6 months: 37.39%
- Past 1 year: 19.63%
- Past 3 years: 4.70%
- Past 5 years: 87.54%
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 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 ₹2162.77 Cr as of 29th May 2026.What is the 52 week high and low of MM Forgings Ltd (MMFL) share?
The 52-week high of MM Forgings Ltd (MMFL) is ₹526.95 and the 52-week low is ₹288.10.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 21.92. The P/B (price-to-book) ratio is 2.43.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
NSE₹447.952.79% (-12.85)
High
—
—
Low
—
—
Returns
—
—
1D
1W
1M
1Y
5Y
Max
SIP
1D
1W
1M
1Y
5Y
Max
SIP
MMFL Stock Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
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
MMFL Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 22.05 | 2.43 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 24.31 | 3.47 | 2.13% |
100%
Analysts have suggested that investors can buy this stock
from 3 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.
JSWSTEEL
PE Ratio
14.25
14.25
1Y Return
27.01%
27.01%
Buy Reco %
64.52
64.52
TATASTEEL
PE Ratio
24.06
24.06
1Y Return
27.53%
27.53%
Buy Reco %
48.48
48.48
JINDALSTEL
PE Ratio
36.48
36.48
1Y Return
24.28%
24.28%
Buy Reco %
75.86
75.86
BHARATFORG
PE Ratio
86.67
86.67
1Y Return
55.84%
55.84%
Buy Reco %
45.00
45.00
PE Ratio
25.03
25.03
1Y Return
57.26%
57.26%
Buy Reco %
34.62
34.62
MMFL Sentiment Analysis
MMFL Sentiment Analysis
New
Crisp summary & key insights to decode earnings calls instantly
MMFL Stock Summary · February 2026
In Q3 FY '26, the company achieved an 11.3% year-over-year sales growth, bolstered by recovering export markets in the U.S. and Europe, despite facing declining gross margins due to rising power and labor costs. Management remains optimistic about margin recovery through strategic cost-cutting and an enhanced product mix, while also focusing on diversifying revenue streams, particularly in the passenger vehicle segment. The introduction of a new 16,500-ton press is expected to significantly boost production capabilities, although initial revenue contributions may be limited. Additionally, proactive measures in debt management and energy efficiency are anticipated to improve financial stability, even as competitive pressures in the domestic market persist. Overall, the company is well-positioned to leverage its export exposure and operational improvements for future growth.
MMFL Stock Growth Drivers
MMFL Stock Growth Drivers
8Sales Growth and Market Recovery
The company has achieved a year-over-year sales growth of 11.3% and a sequential increase of
Margin Recovery Initiatives
Management has acknowledged a decline in gross margins due to changes in product and geographical
MMFL Stock Challenges
MMFL Stock Challenges
6Declining Gross Margins
The company has experienced a significant decline in gross margins, which have dropped by 5-10
Increased Finance Costs
Finance costs have surged nearly 30% year-on-year in Q3 due to peak debt levels, offsetting
MMFL Forecast
MMFL Forecasts
Price
Revenue
Earnings
MMFL Share Price Forecast
MMFL Share Price Forecast
2026
Current
₹447.95
Baseline
Forecast for May 2027
High
₹—
Median
₹—
Low
₹—
All values in ₹
2026
Current
₹447.95
Baseline
Forecast for May 2027
High
₹—
Median
₹—
Low
₹—
All values in ₹
MMFL Company Revenue Forecast
MMFL Company Revenue Forecast
2026
Current
₹1.61
Baseline
Forecast for Mar 2027
High
₹—
Median
₹—
Low
₹—
All values in ₹ Thousand cr.
2026
Current
₹1.61
Baseline
Forecast for Mar 2027
High
₹—
Median
₹—
Low
₹—
All values in ₹ Thousand cr.
MMFL Stock EPS (Earnings Per Share) Forecast
MMFL Stock EPS (Earnings Per Share) Forecast
2026
Current
₹20.44
Baseline
Forecast for Mar 2027
High
₹—
Median
₹—
Low
₹—
All values in ₹
2026
Current
₹20.44
Baseline
Forecast for Mar 2027
High
₹—
Median
₹—
Low
₹—
All values in ₹
MMFL
MMFL
Income
Balance Sheet
Cash Flow
Quarterly Normal View
MMFL Income Statement
MMFL Income Statement
Quarterly Normal View
| Quarter | dec 2023 | mar 2024 | jun 2024 | sep 2024 | dec 2024 | mar 2025 | jun 2025 | sep 2025 | dec 2025 | mar 2026 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 404.27 | 403.84 | 387.73 | 405.37 | 377.64 | 377.13 | 369.40 | 388.89 | 416.87 | 430.33 | ||||||||||
Operating & Other expenses | 323.43 | 319.96 | 309.07 | 321.31 | 300.96 | 297.76 | 298.33 | 318.40 | 344.30 | 348.90 | ||||||||||
EBITDA | 80.84 | 83.88 | 78.66 | 84.06 | 76.68 | 79.37 | 71.07 | 70.49 | 72.57 | 81.43 | ||||||||||
| Depreciation/Amortization | 21.01 | 20.21 | 22.01 | 23.04 | 22.65 | 25.56 | 25.08 | 24.18 | 26.15 | 27.71 | ||||||||||
| PBIT | 59.83 | 63.67 | 56.65 | 61.02 | 54.03 | 53.81 | 45.99 | 46.31 | 46.42 | 53.72 | ||||||||||
| Interest & Other Items | 10.94 | 13.27 | 14.54 | 16.11 | 15.49 | 13.65 | 18.30 | 21.23 | 20.35 | 18.31 | ||||||||||
| PBT | 48.89 | 50.40 | 42.11 | 44.91 | 38.54 | 40.16 | 27.69 | 25.08 | 26.07 | 35.41 | ||||||||||
| Taxes & Other Items | 15.34 | 13.61 | 12.01 | 13.00 | 12.00 | 6.86 | 8.50 | 8.50 | 8.50 | -9.35 | ||||||||||
| Net Income | 33.55 | 36.79 | 30.10 | 31.91 | 26.54 | 33.30 | 19.19 | 16.58 | 17.57 | 44.76 | ||||||||||
| EPS | 6.95 | 7.62 | 6.24 | 6.61 | 5.50 | 6.90 | 3.97 | 3.43 | 3.64 | 9.27 |
MMFL Company Updates
MMFL Stock Peers
MMFL Past Performance & Peer Comparison
MMFL 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 | 21.92 | 2.43 | — |
| JSW Steel Ltd | 14.25 | 3.89 | 0.68% |
| Tata Steel Ltd | 24.06 | 2.84 | 1.92% |
| Jindal Steel Ltd | 36.48 | 2.59 | 0.16% |
MMFL Stock Price Comparison
Compare MMFL with any stock or ETFCompare MMFL with any stock or ETF
MMFL
MMFL Holdings
MMFL Shareholdings
MMFL Promoter Holdings Trend
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
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 1.48%
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 Pattern
MMFL Shareholding History
MMFL Shareholding History
Foreign Institutions
Mutual Funds Invested in MMFL
Mutual Funds Invested in MMFL
No mutual funds holding trends are available
Top 4 Mutual Funds holding MM Forgings Ltd
| Funds (Top 4) | 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 4.1243% | Percentage of the fund’s portfolio invested in the stock 0.40% | Change in the portfolio weight of the stock over the last 3 months 0.05% | 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 48/135 (+7) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 3.0597% | Percentage of the fund’s portfolio invested in the stock 0.69% | Change in the portfolio weight of the stock over the last 3 months 0.01% | 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 48/68 (-2) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0891% | Percentage of the fund’s portfolio invested in the stock 0.07% | 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 50/50 (-9) |
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
smallcases containing MMFL stock
Looks like this stock is not in any smallcase yet.
MMFL Events
MMFL Events
MMFL Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
MMFL Dividend Trend
No dividend trend available
MMFL Upcoming Dividends
MMFL Upcoming Dividends
Cash Dividend
Ex DateEx DateJun 12, 2026
Interim
Interim | Div/Share: ₹4.00
Dividend/Share
₹4.00
Ex DateEx Date
Jun 12, 2026
MMFL Past Dividends
MMFL Past Dividends
Cash Dividend
Ex DateEx DateJul 30, 2025
Final
Final | Div/Share: ₹4.00
Dividend/Share
₹4.00
Ex DateEx Date
Jul 30, 2025
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
MMFL Stock News & Opinions
MMFL Stock News & Opinions
Articles & Videos
Corporate
Corporate
Board of MM Forgings recommends Interim dividendMM Forgings announced that the Board of Directors of the Company at its meeting held on 27 May 2026, inter alia, have recommended the Interim dividend of Rs 4 per equity Share (i.e. 40%) , subject to the approval of the shareholders.
2 days agoCapital Market - Live
Spotlight
Spotlight
MM Forgings Q4 PAT jumps 34% YoY to Rs 45 crRevenue from operations rose 16.1% year-on-year to Rs 429.02 crore in the quarter ended 31 March 2026, compared with Rs 369.64 crore in the same quarter last year. EBITDA for the quarter stood at Rs 81.43 crore in Q4 FY26, up 2.6% YoY from Rs 79.36 crore in Q4 FY25. On a full-year basis, consolidated net profit fell 19.0% to Rs 98.67 crore in FY26 from Rs 121.86 crore in FY25, while revenue from operations increased 4.1% to Rs 1,573.30 crore. Vidyashankar Krishnan, chairman and managing director of MM Forgings, said, 'The global economic conditions during FY26 remained mixed amid evolving geopolitical developments, ongoing regional conflicts, trade-related uncertainties, changing trade policies across major economies, and volatility in commodity markets. Despite continued geopolitical and trade-related uncertainties, the company has maintained operational stability through proactive sourcing strategies, improved efficiencies, and disciplined cost management initiatives. Demand visibility across key customer segments remains encouraging, supported by strengthening domestic market conditions and gradual improvement in export inquiries across select geographies. The company continues to enhance its manufacturing capabilities and operational readiness through ongoing capacity augmentation and process optimization initiatives, positioning it well to address future growth opportunities. Supported by a healthy order pipeline, diversified customer relationships, a long-term strategic outlook, a strong financial foundation, and prudent financial management, the company will sustain its growth momentum while maintaining focus on profitability and long-term value creation, subject to evolving global economic and geopolitical conditions.' Meanwhile, the Board has declared an interim dividend of 40% (Rs 4 per equity share of face value Rs 10 each), with the record date fixed as 12 June 2026 and payment to be made on or before 24 June 2026. MM Forgings is engaged in the manufacture of steel forgings, primarily catering to the automotive sector. The company produces forged components in raw, semi-machined, and fully machined conditions across various grades of carbon steel, alloy steel, micro-alloy steel, and stainless steel. Shares of MM Forgings fell 2.27% to end at Rs 460.05 on the BSE on Wednesday, 27 May 2026.Powered by Capital Market - Live
2 days agoCapital Market - Live
Earnings
Earnings
M M Forgings consolidated net profit rises 34.39% in the March 2026 quarterNet profit of M M Forgings rose 34.39% to Rs 44.74 crore in the quarter ended March 2026 as against Rs 33.29 crore during the previous quarter ended March 2025. Sales rose 16.06% to Rs 429.02 crore in the quarter ended March 2026 as against Rs 369.64 crore during the previous quarter ended March 2025. For the full year,net profit declined 19.03% to Rs 98.67 crore in the year ended March 2026 as against Rs 121.86 crore during the previous year ended March 2025. Sales rose 4.13% to Rs 1573.30 crore in the year ended March 2026 as against Rs 1510.93 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales429.02369.64 16 1573.301510.93 4 OPM %18.8319.71 -17.8019.60 - PBDT63.1565.69 -4 217.39258.93 -16 PBT35.4440.13 -12 114.27165.67 -31 NP44.7433.29 34 98.67121.86 -19 Powered by Capital Market - Live
2 days agoCapital Market - Live
Earnings
Earnings
M M Forgings standalone net profit rises 32.80% in the March 2026 quarterNet profit of M M Forgings rose 32.80% to Rs 48.10 crore in the quarter ended March 2026 as against Rs 36.22 crore during the previous quarter ended March 2025. Sales rose 16.66% to Rs 412.70 crore in the quarter ended March 2026 as against Rs 353.77 crore during the previous quarter ended March 2025. For the full year,net profit declined 16.83% to Rs 113.31 crore in the year ended March 2026 as against Rs 136.24 crore during the previous year ended March 2025. Sales rose 4.50% to Rs 1528.59 crore in the year ended March 2026 as against Rs 1462.71 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales412.70353.77 17 1528.591462.71 5 OPM %18.9420.47 -18.0220.11 - PBDT63.4165.54 -3 221.62262.37 -16 PBT38.7142.89 -10 129.42179.92 -28 NP48.1036.22 33 113.31136.24 -17 Powered by Capital Market - Live
2 days agoCapital Market - Live
Corporate
Corporate
MM Forgings declare Quarterly ResultMM Forgings will hold a meeting of the Board of Directors of the Company on 27 May 2026.
5 days agoCapital Market - Live
Corporate
Corporate
MM Forgings to conduct board meetingMM Forgings will hold a meeting of the Board of Directors of the Company on 25 March 2026.Powered by Capital Market - Live
2 months agoCapital Market - Live
Earnings
Earnings
M M Forgings consolidated net profit declines 33.82% in the December 2025 quarterNet profit of M M Forgings declined 33.82% to Rs 17.57 crore in the quarter ended December 2025 as against Rs 26.55 crore during the previous quarter ended December 2024. Sales rose 10.67% to Rs 412.25 crore in the quarter ended December 2025 as against Rs 372.49 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales412.25372.49 11 OPM %16.8219.63 - PBDT52.2261.20 -15 PBT26.0738.55 -32 NP17.5726.55 -34 Powered by Capital Market - Live
3 months agoCapital Market - Live
Corporate
Corporate
MM Forgings to declare Quarterly ResultsMM Forgings will hold a meeting of the Board of Directors of the Company on 13 February 2026.Powered by Capital Market - Live
3 months agoCapital Market - Live
Earnings
Earnings
M M Forgings consolidated net profit declines 48.07% in the September 2025 quarterNet profit of M M Forgings declined 48.07% to Rs 16.57 crore in the quarter ended September 2025 as against Rs 31.91 crore during the previous quarter ended September 2024. Sales declined 3.31% to Rs 377.83 crore in the quarter ended September 2025 as against Rs 390.76 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales377.83390.76 -3 OPM %17.6119.69 - PBDT49.2567.95 -28 PBT25.0744.92 -44 NP16.5731.91 -48 Powered by Capital Market - Live
6 months agoCapital Market - Live
Corporate
Corporate
MM Forgings to table resultsMM Forgings will hold a meeting of the Board of Directors of the Company on 14 November 2025.Powered by Capital Market - Live
6 months agoCapital Market - Live
Over the last 5 years, revenue has grown at a yearly rate of 14.46%, vs industry avg of 12.49%
Over the last 5 years, market share increased from 0.17% to 0.2%
Over the last 5 years, net income has grown at a yearly rate of 23.79%, vs industry avg of 24.42%