What is the share price of MM Forgings Ltd (MMFL) today?
The share price of MMFL as on 26th June 2025 is ₹376.30. 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: 3.29%
- Past 1 month: 2.19%
- Past 3 months: 12.11%
- Past 6 months: -21.71%
- Past 1 year: -37.22%
- Past 3 years: -10.43%
- Past 5 years: 290.45%
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 1.06.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 ₹1816.84 Cr as of 26th June 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 14.91. The P/B (price-to-book) ratio is 2.30.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
376.300.36% (+1.35)
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MMFL Performance & Key Metrics
MMFL Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 14.91 | 2.30 | 1.06% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 27.73 | 3.50 | 1.59% |
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.
JSWSTEEL
PE Ratio
71.92
71.92
1Y Return
12.33%
12.33%
Buy Reco %
67.86
67.86
TATASTEEL
PE Ratio
58.59
58.59
1Y Return
6.97%
6.97%
Buy Reco %
63.33
63.33
JINDALSTEL
PE Ratio
34.36
34.36
1Y Return
8.81%
8.81%
Buy Reco %
70.83
70.83
BHARATFORG
PE Ratio
65.35
65.35
1Y Return
23.40%
23.40%
Buy Reco %
47.83
47.83
PE Ratio
22.82
22.82
1Y Return
14.65%
14.65%
Buy Reco %
100.00
100.00
MMFL Sentiment Analysis
MMFL Sentiment Analysis
New
Crisp summary & key insights to decode earnings calls instantly
MMFL Stock Summary · May 2025
The company reported a turnover of Rs. 1,547 crores for FY '25, reflecting a slight decline, yet improved EBITDA margins to 19.4%, driven by a strategic shift towards machined components, which now constitute 58% of sales. Despite challenges in export markets, particularly a projected 10%-15% decline due to global economic uncertainties, management is optimistic about diversifying into non-automotive sectors, targeting a 20%-25% contribution over the next few years. Capital expenditure plans of Rs. 300 crores focus on enhancing production capabilities, although rising receivables and market hesitance in the EV sector pose risks. Overall, the company aims to align its offerings with market demands while maintaining financial stability amidst evolving market conditions.
MMFL Stock Growth Drivers
MMFL Stock Growth Drivers
6Strong Financial Performance
MM Forgings Limited reported a turnover of Rs. 1,547 crores for FY '25, with an
Strategic Focus on Machined Components
The company has successfully transitioned to a focus on machined components, which now account for
MMFL Stock Challenges
MMFL Stock Challenges
8Decline in Financial Performance
The company reported a turnover of Rs. 1,547 crores for FY '25, a decrease from
Sluggish Export Sales
Export sales are projected to decline by 10%-15% due to a slowdown in the US
MMFL Forecast
MMFL Forecasts
Price
Revenue
Earnings
MMFL Share Price Forecast
MMFL Share Price Forecast
2025
Current
₹376.30
Baseline
Forecast for Jun 2026
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2025
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₹376.30
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MMFL Company Revenue Forecast
MMFL Company Revenue Forecast
2025
Current
₹1.55
Baseline
Forecast for Mar 2026
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₹—
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2025
Current
₹1.55
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Forecast for Mar 2026
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MMFL Stock EPS (Earnings Per Share) Forecast
MMFL Stock EPS (Earnings Per Share) Forecast
2025
Current
₹25.24
Baseline
Forecast for Mar 2026
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Current
₹25.24
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MMFL
MMFL
Income
Balance Sheet
Cash Flow
Annual Normal View
MMFL Income Statement
MMFL Income Statement
Annual Normal View
| Financial Year | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 650.98 | 950.00 | 787.95 | 771.78 | 1,155.34 | 1,474.37 | 1,584.86 | 1,547.88 | 1,547.87 | |||||||||
Raw Materials | 287.25 | 455.25 | 337.03 | 327.59 | 525.05 | 744.24 | 777.56 | 1,229.10 | 1,229.10 | |||||||||
| 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 | 318.78 | 318.77 | |||||||||
| Depreciation/Amortization | 46.44 | 58.07 | 59.56 | 64.58 | 67.77 | 78.81 | 82.81 | 93.26 | 93.26 | |||||||||
| PBIT | 87.68 | 124.30 | 91.40 | 83.77 | 156.58 | 206.53 | 231.81 | 225.52 | 225.51 | |||||||||
| Interest & Other Items | 13.49 | 31.58 | 38.30 | 32.13 | 27.73 | 29.57 | 42.32 | 59.79 | 59.79 | |||||||||
| PBT | 74.19 | 92.72 | 53.10 | 51.64 | 128.85 | 176.96 | 189.49 | 165.73 | 165.72 | |||||||||
| Taxes & Other Items | 13.58 | 27.21 | 11.19 | 5.57 | 37.86 | 49.01 | 54.46 | 43.87 | 43.87 | |||||||||
| Net Income | 60.61 | 65.51 | 41.91 | 46.07 | 90.99 | 127.95 | 135.03 | 121.86 | 121.85 | |||||||||
| EPS | 12.55 | 13.57 | 8.68 | 9.54 | 18.85 | 26.50 | 27.97 | 25.24 | 25.24 | |||||||||
| DPS | 2.50 | 2.50 | 2.50 | 2.50 | 3.00 | 3.00 | 4.00 | 4.00 | 4.00 | |||||||||
| Payout ratio | 0.20 | 0.18 | 0.29 | 0.26 | 0.16 | 0.11 | 0.14 | 0.16 | 0.16 |
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 | 14.91 | 2.30 | 1.06% |
| JSW Steel Ltd | 71.92 | 3.16 | — |
| Tata Steel Ltd | 58.59 | 2.19 | 2.24% |
| Jindal Steel And Power Ltd | 34.36 | 2.16 | 0.21% |
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 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 Pattern
MMFL Shareholding History
MMFL Shareholding History
Foreign Institutions
Mutual Funds Invested in MMFL
Mutual Funds Invested in MMFL
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 3.1747% | Percentage of the fund’s portfolio invested in the stock 0.55% | Change in the portfolio weight of the stock over the last 3 months -0.10% | 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 54/64 (-5) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 2.4450% | 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 -0.00% | 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 44/133 (0) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.1709% | 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 -0.01% | 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 146/236 (+40) |
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 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 1.07%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹10.67 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
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 1.07%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹10.67 every year
MMFL Upcoming Dividends
MMFL Upcoming Dividends
Cash Dividend
Ex DateEx DateJul 30, 2025
Final
Final | Div/Share: ₹4.00
Dividend/Share
₹4.00
Ex DateEx Date
Jul 30, 2025
MMFL Past Dividends
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
MMFL Stock News & Opinions
Articles & Videos
Spotlight
MM Forgings slides after Q4 PAT fall 10% YoY to Rs 33 cr
Revenue from operations slipped 6.85% year on year (YoY) to Rs 369.64 crore in the quarter ended 31 March 2025. Profit before tax dropped 40.13% to Rs 40.13 crore in Q4 FY25, compared to Rs 50.06 crore in Q4 FY24. EBITDA for the quarter ended 31 March 2025 was at Rs 79.36 crore, as against Rs 84.13 crore in the corresponding quarter of the previous year, representing a decrease of 5.66%. On full year basis, the company's consolidated net profit fell 9.76% to Rs 121.86 crore on 2.33% decrease in revenue to Rs 1,510.93 crore in FY25 over FY24. Vidyashankar Krishnan, chairman and managing director of MM Forgings, said, The global economy remains characterized by a complex and varied landscape. Multiple factors, including ongoing geopolitical tensions, widespread increases in insovereign debt, persistent inflationary pressures, extreme weather conditions, etc., continue to contribute to the uncertainty of the global economic outlook. The tariff/taxation of the US government is causing huge turmoil to global trade. The Indian automotive sector has faced a notable decline since Q2FY25, which is linked to a lackluster demand forecast across different segments within the domestic market. Despite the numerous challenges posed by the macro economic downturn and market stagnation, MM Forgings exhibited a consistent performance during F25 due to team effort and God's grace. The sustained focus on new product development and business strategies, including cost reduction initiatives and a focus on new markets has systematically benefitted the company during these volatile times and will continue to do so.' Meanwhile, the company's board has recommended a final dividend of Rs 4 per equity share, subject to the approval of shareholders at the ensuing Annual General Meeting (AGM). The final dividend, if declared, shall be payable on or before 29 August 2025. MM Forgings is engaged in the manufacture of steel forgings. The company engages in automotive components. It manufactures steel forgings in raw, semi-machined and fully machined stages in various grades of carbon, alloy, micro-alloy and stainless steels. Powered by Capital Market - Live
1 month agoCapital Market - Live
Corporate
MM Forgings to hold AGM
MM Forgings announced that the 79th Annual General Meeting(AGM) of the company will be held on 6 August 2025.Powered by Capital Market - Live
1 month agoCapital Market - Live
Corporate
Board of MM Forgings recommends final dividend
MM Forgings announced that the Board of Directors of the Company at its meeting held on 24 May 2025, inter alia, have recommended the final dividend of Rs 4 per equity Share (i.e. 40%) , subject to the approval of the shareholders.Powered by Capital Market - Live
1 month agoCapital Market - Live
Earnings
M M Forgings consolidated net profit declines 9.54% in the March 2025 quarter
Net profit of M M Forgings declined 9.54% to Rs 33.29 crore in the quarter ended March 2025 as against Rs 36.80 crore during the previous quarter ended March 2024. Sales declined 6.85% to Rs 369.64 crore in the quarter ended March 2025 as against Rs 396.84 crore during the previous quarter ended March 2024. For the full year,net profit declined 9.60% to Rs 121.86 crore in the year ended March 2025 as against Rs 134.80 crore during the previous year ended March 2024. Sales declined 2.34% to Rs 1510.93 crore in the year ended March 2025 as against Rs 1547.12 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales369.64396.84 -7 1510.931547.12 -2 OPM %19.7119.54 -19.6018.93 - PBDT65.6970.02 -6 258.93270.76 -4 PBT40.1349.81 -19 165.67187.95 -12 NP33.2936.80 -10 121.86134.80 -10 Powered by Capital Market - Live
1 month 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 24 May 2025.Powered by Capital Market - Live
1 month agoCapital Market - Live
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
3 months 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
4 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
5 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
7 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
8 months agoCapital Market - Live
Over the last 5 years, revenue has grown at a yearly rate of 10.78%, vs industry avg of 9.87%
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 5.07%