MM Forgings

MM Forgings LT Debt/Equity

The Long-Term Debt to Equity Ratio of MM Forgings (MMFL.NS) as of Oct 31, 2026 is 0.61. In the previous year, Long-Term Debt to Equity Ratio was 0.68 — a change of -9.93% (lower).

LT Debt/Equity

0.61

YoY

-9.93%

Last updated:

Long-Term Debt to Equity Ratio of MM Forgings is 2026 0.61 . Long-Term Debt to Equity Ratio of MM Forgings was 2025 0.68 . It decreases by -9.93% lower compared to the previous year.

The MM Forgings LT Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

LT Debt/Equity
Date
LT Debt/Equity
Jan 1, 2019
0.93 INR
Jan 1, 2020
0.74 INR
Jan 1, 2021
0.61 INR
Jan 1, 2022
0.63 INR
Jan 1, 2023
0.49 INR
Jan 1, 2024
0.49 INR
Jan 1, 2025
0.68 INR
Jan 1, 2026
0.61 INR
The MM Forgings LT Debt/Equity history
YEARLT Debt/EquityYoY
0.61-9.93%
0.68+37.95%
0.49-0.58%
0.49-21.09%
0.63+2.48%
0.61-17.09%
0.74-20.63%
0.93+99.87%
0.46+48.22%
0.31-11.13%
0.35+1.05%
0.35+96.27%
0.18—

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MM Forgings Stock analysis

What does MM Forgings do? 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. MM Forgings is one of the most popular companies on Eulerpool.

Frequently Asked Questions about MM Forgings stock

Long-Term Debt to Equity Ratio of MM Forgings is 0.61 in 2026.

Long-Term Debt to Equity Ratio of MM Forgings changed from 0.68 to 0.61, representing a -9.93% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Long-Term Debt to Equity Ratio MM Forgings since 2006 – with annual values, charts, and detailed analysis.

The LT Debt/Equity ratio measures long-term financial leverage. It shows how much permanent debt capital is used relative to equity financing.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Long-Term Debt to Equity Ratio's MM Forgings with sector peers and the industry average to assess whether it is attractive.

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