What is the share price of MM Forgings Ltd (MMFL) today?
The share price of MMFL as on 17th September 2025 is ₹328.80. 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: -2.34%
- Past 1 month: 8.16%
- Past 3 months: -12.18%
- Past 6 months: -4.26%
- Past 1 year: -46.14%
- Past 3 years: -21.73%
- Past 5 years: 114.33%
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 1.22.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 ₹1578.33 Cr as of 17th September 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 ₹610 and the 52-week low is ₹295.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 12.95. The P/B (price-to-book) ratio is 1.77.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
MMFL Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
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 |
---|---|---|
14.23 | 1.77 | 1.22% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
28.43 | 3.29 | 1.61% |
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 Sentiment Analysis
MMFL Sentiment Analysis
MMFL Stock Summary · August 2025
In Q1 FY '26, the company faced significant financial challenges, reporting a 6% decline in total income alongside decreased EBITDA and profit after tax, primarily due to rising operational costs and increased depreciation. High inventory levels in the heavy truck market are expected to hinder export sales, although management anticipates a recovery in customer demand later in the year. Despite a cautious outlook, there are growth opportunities in the European market and a focus on enhancing operational efficiencies to mitigate margin pressures. The company is also investing in new product development, particularly in powertrain components, while maintaining a strategic approach to debt management to ensure financial stability amidst ongoing market uncertainties.
MMFL Stock Growth Drivers
MMFL Stock Growth Drivers
7Operational Improvements in Production
The company has successfully ramped up production capacity for crankshafts, increasing output from approximately 1,500
Market Expansion and Demand Growth
The company is experiencing reasonable demand from Europe, particularly in the truck and off-highway markets,
MMFL Stock Challenges
MMFL Stock Challenges
7Declining Financial Performance
The company reported a total income of INR 358 crores for Q1 FY '26, a
Sales Volume Decline
Sales volume decreased to 17,780 tons from nearly 20,000 tons in the previous quarter, despite
MMFL Forecast
MMFL Forecasts
Price
Revenue
Earnings
MMFL Share Price Forecast
MMFL Share Price Forecast
All values in ₹
All values in ₹
MMFL Company Revenue Forecast
MMFL Company Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
MMFL Stock EPS (Earnings Per Share) Forecast
MMFL Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
MMFL
MMFL
Income
Balance Sheet
Cash Flow
MMFL Income Statement
MMFL Income Statement
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 | 1,529.54 | |||||||||
Raw Materials | 287.25 | 455.25 | 337.03 | 327.59 | 525.05 | 744.24 | 777.56 | 660.92 | 1,218.36 | |||||||||
Power & Fuel Cost | 60.32 | 81.85 | 73.23 | 73.00 | 95.41 | 128.35 | 147.40 | 137.60 | ||||||||||
Employee Cost | 57.97 | 82.26 | 82.83 | 80.14 | 110.11 | 122.67 | 129.89 | 141.66 | ||||||||||
Selling & Administrative Expenses | 46.28 | 53.69 | 39.64 | 46.02 | 95.78 | 90.04 | 92.11 | 106.27 | ||||||||||
Operating & Other expenses | 65.04 | 94.58 | 104.26 | 96.68 | 104.64 | 103.73 | 123.28 | 182.66 | ||||||||||
EBITDA | 134.12 | 182.37 | 150.96 | 148.35 | 224.35 | 285.34 | 314.62 | 318.77 | 311.18 | |||||||||
Depreciation/Amortization | 46.44 | 58.07 | 59.56 | 64.58 | 67.77 | 78.81 | 82.81 | 93.26 | 96.33 | |||||||||
PBIT | 87.68 | 124.30 | 91.40 | 83.77 | 156.58 | 206.53 | 231.81 | 225.51 | 214.85 | |||||||||
Interest & Other Items | 13.49 | 31.58 | 38.30 | 32.13 | 27.73 | 29.57 | 42.32 | 59.79 | 63.55 | |||||||||
PBT | 74.19 | 92.72 | 53.10 | 51.64 | 128.85 | 176.96 | 189.49 | 165.72 | 151.30 | |||||||||
Taxes & Other Items | 13.58 | 27.21 | 11.19 | 5.57 | 37.86 | 49.01 | 54.46 | 43.87 | 40.36 | |||||||||
Net Income | 60.61 | 65.51 | 41.91 | 46.07 | 90.99 | 127.95 | 135.03 | 121.85 | 110.94 | |||||||||
EPS | 12.55 | 13.57 | 8.68 | 9.54 | 18.85 | 26.50 | 27.97 | 25.24 | 22.98 | |||||||||
DPS | 2.50 | 2.50 | 2.50 | 2.50 | 3.00 | 3.00 | 4.00 | 4.00 | 0.00 | |||||||||
Payout ratio | 0.20 | 0.18 | 0.29 | 0.26 | 0.16 | 0.11 | 0.14 | 0.16 | 0.00 |
MMFL Company Updates
MMFL Stock Peers
MMFL Past Performance & Peer Comparison
MMFL Past Performance & Peer Comparison
MaterialsIron & Steel
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
MM Forgings Ltd | 12.95 | 1.77 | 1.22% |
JSW Steel Ltd | 77.64 | 3.33 | 0.31% |
Tata Steel Ltd | 62.78 | 2.35 | 2.09% |
Jindal Steel Ltd | 38.11 | 2.26 | 0.19% |
MMFL Stock Price Comparison
Compare MMFL with any stock or ETFMMFL Holdings
MMFL Shareholdings
MMFL Promoter Holdings Trend
MMFL Promoter Holdings Trend
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
MMFL Institutional Holdings Trend
MMFL Institutional Holdings Trend
In last 3 months, retail holding in the company has increased by 15.57%
In last 3 months, foreign institutional holding of the company has decreased by 1.30%
MMFL Shareholding Pattern
MMFL Shareholding Pattern
MMFL Shareholding History
MMFL Shareholding History
Mutual Funds Invested in MMFL
Mutual Funds Invested in MMFL
No mutual funds holding trends are available
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 3.1362% | Percentage of the fund’s portfolio invested in the stock 0.44% | Change in the portfolio weight of the stock over the last 3 months -0.11% | 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 31/68 (-3) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 2.4336% | Percentage of the fund’s portfolio invested in the stock 0.16% | Change in the portfolio weight of the stock over the last 3 months -0.03% | 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 49/126 (-1) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.1608% | Percentage of the fund’s portfolio invested in the stock 0.10% | Change in the portfolio weight of the stock over the last 3 months -0.02% | 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 199/244 (-18) |
Compare 3-month MF holding change on Screener
smallcases containing MMFL stock
smallcases containing MMFL stock
Looks like this stock is not in any smallcase yet.
MMFL Events
MMFL Events
MMFL Dividend Trend
MMFL has increased or maintained dividend levels over the last 5 years
Current dividend yield is 1.22%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹12.24 every year
Dividends
Corp. Actions
Announcements
Legal Orders
MMFL Dividend Trend
MMFL has increased or maintained dividend levels over the last 5 years
Current dividend yield is 1.22%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹12.24 every year
MMFL Upcoming Dividends
MMFL Upcoming Dividends
No upcoming dividends are available
MMFL Past Dividends
MMFL Past Dividends
Cash Dividend
Ex DateEx DateJul 30, 2025
Dividend/Share
₹4.00
Ex DateEx Date
Jul 30, 2025
Cash Dividend
Ex DateEx DateJun 14, 2024
Dividend/Share
₹8.00
Ex DateEx Date
Jun 14, 2024
Cash Dividend
Ex DateEx DateMay 29, 2023
Dividend/Share
₹6.00
Ex DateEx Date
May 29, 2023
Cash Dividend
Ex DateEx DateJun 6, 2022
Dividend/Share
₹6.00
Ex DateEx Date
Jun 6, 2022
Cash Dividend
Ex DateEx DateJul 1, 2021
Dividend/Share
₹5.00
Ex DateEx Date
Jul 1, 2021
MMFL Stock News & Opinions
MMFL Stock News & Opinions
Net profit of M M Forgings declined 36.27% to Rs 19.19 crore in the quarter ended June 2025 as against Rs 30.11 crore during the previous quarter ended June 2024. Sales declined 6.30% to Rs 354.21 crore in the quarter ended June 2025 as against Rs 378.04 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales354.21378.04 -6 OPM %17.8819.34 - PBDT52.7664.13 -18 PBT27.6942.12 -34 NP19.1930.11 -36 Powered by Capital Market - Live
Net profit of M M Forgings declined 31.11% to Rs 22.34 crore in the quarter ended June 2025 as against Rs 32.43 crore during the previous quarter ended June 2024. Sales declined 6.31% to Rs 341.37 crore in the quarter ended June 2025 as against Rs 364.37 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales341.37364.37 -6 OPM %18.3219.63 - PBDT53.3463.88 -16 PBT30.8444.44 -31 NP22.3432.43 -31 Powered by Capital Market - Live
MM Forgings will hold a meeting of the Board of Directors of the Company on 6 August 2025.Powered by Capital Market - Live
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
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
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
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
MM Forgings will hold a meeting of the Board of Directors of the Company on 24 May 2025.Powered by Capital Market - Live
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
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
Over the last 5 years, revenue has grown at a yearly rate of 14.46%, vs industry avg of 12.51%
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 24.39%