MM Forgings (MMFL.NS) Stock Price

MM Forgings Price

NSE·CLOSED
474.40
​
Market closed

Over the last 19 years MM Forgings grew revenue by 12.3% annually, reaching 15.90 B INR. Earnings per share have grown at 10.8% per year over the last 19 years. For MM Forgings, the net margin of 6.2% is down versus 8.0% a few years ago. At today's price the dividend yield works out to roughly 0.84%. The payout ratio is around 14% of earnings. The dividend has grown at 13.3% per year over the past 19 years. The consensus 12-month price target for MM Forgings is 466.65 INR, about 1.6% below where the stock trades today. Of 8 analysts, 7 rate the stock a buy — an overall Buy consensus.

MM Forgings stock price

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MM Forgings business model & stock analysis

MM Forgings Ltd. manufactures steel forgings for automotive components, producing items such as sprockets, flange housings, connecting rods, and various axle and steering parts. The company operates manufacturing plants in Tamil Nadu and a machining plant in Uttar Pradesh, serving the automotive industry with its specialized forged products. Its primary customers are automotive manufacturers requiring precision-engineered parts for vehicle assembly. The firm's product portfolio includes multiple variants of crankshafts for different engine types, such as 2-cylinder, single-cylinder, 3-cylinder, and 6-cylinder engines, alongside components like universal joint crosses and planetary wheel carriers. These products are designed to meet the specific needs of automotive production lines, with manufacturing facilities strategically located across Tamil Nadu and Uttar Pradesh to support regional and national supply chains. MM Forgings Ltd. focuses on the production of high-volume, precision steel forgings, leveraging its three manufacturing plants in Tamil Nadu and one machining plant in Uttar Pradesh to deliver consistent quality and timely delivery to automotive clients. The company's operations are centered on fulfilling the demand for durable, engineered components used in vehicle manufacturing across India.

Frequently asked questions about MM Forgings

Analysts currently set an average price target of 466.65 INR for the MM Forgings stock (median: 466.65 INR), implying -1.6 % versus the latest price. The consensus is based on 8 analyst ratings.

8 analysts currently rate the MM Forgings stock: 7 recommend buying, 1 holding and 0 selling.

Converted at the current exchange rate, the MM Forgings share trades at 4.47 EUR (474.40 INR).

The MM Forgings share (MMFL.NS) is listed on 2 stock exchanges, including: NSE (Indien) (MMFL.NS).

The revenue of MM Forgings is 15.90 B INR. This figure is based on current financial data and reflects the company's business performance.

The profit of MM Forgings is 981.17 M INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of MM Forgings is currently 23.34. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the MM Forgings stock.

The price-to-sales ratio (P/S) of MM Forgings is currently 1.44. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the MM Forgings stock.

The Eulerpool Quality Score for MM Forgings is 5/10.

The ISIN of MM Forgings is INE227C01017. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of MM Forgings is MMFL.NS. The ticker symbol is used to trade MM Forgings shares on the stock exchange.

Fair ValueTerminal
412.73 INR
Over-/UndervaluationTerminal
Fairly valued
Industry
Metals & Mining
Number of shares
Employees
Revenue per Employee
4.27 M INR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
INR
Initial public offering
Sep 23, 1996
ISIN
INE227C01017
Cusip
Y6131Z120
Market capitalization
22.90 B INRLarge Cap
52-Week Range
PEG
—
P/E ratio
P/Ee 2027
14.71
P/Ee 2028
11.50
P/S
P/Se
1.25
EV/EBIT
17.75
P/B Ratio
2.34
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
4.78 %
Dividend
Dividend yield
0.84 %
Est. Dividend Yield
0.84 %
Payout Ratio
13.82 %
Dividend growth Ø5Y
9.86 %
Dividend payments per year
1
Dividend paid since
21 years
Dividend not reduced since
7 years
Dividend increased since
0 years
Dividend withholding tax
20.00 %
Last updated Oct 30, 2026, 6:08 PM

MM Forgings Peer Group

MM Forgings Ticker

BSE · MMFL.BONSE INDIA · MMFL.NS

MM Forgings FIGI

MMFG:IN · BBG000DWQN78MMFG:IB · BBG000DWQNW0MMFG:IS · BBG000DWRR78MMFG:IG · BBG003NW00Z8

All fundamentals and in-depth analysis of MM Forgings

Our stock analysis for MM Forgings stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MM Forgings. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.