MM Forgings

MM Forgings Net Debt/Equity

The Net Debt to Equity Ratio of MM Forgings (MMFL.NS) as of Oct 31, 2026 is 0.87. In the previous year, Net Debt to Equity Ratio was 0.93 — a change of -7.14% (lower).

Net Debt/Equity

0.87

YoY

-7.14%

Last updated:

Net Debt to Equity Ratio of MM Forgings is 2026 0.87 . Net Debt to Equity Ratio of MM Forgings was 2025 0.93 . It decreases by -7.14% lower compared to the previous year.

The MM Forgings Net Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/Equity
Date
Net Debt/Equity
Jan 1, 2019
1.22 INR
Jan 1, 2020
0.86 INR
Jan 1, 2021
0.88 INR
Jan 1, 2022
0.82 INR
Jan 1, 2023
0.80 INR
Jan 1, 2024
0.91 INR
Jan 1, 2025
0.93 INR
Jan 1, 2026
0.87 INR
The MM Forgings Net Debt/Equity history
YEARNet Debt/EquityYoY
0.87-7.14%
0.93+2.20%
0.91+14.41%
0.80-2.50%
0.82-6.56%
0.88+1.98%
0.86-29.26%
1.22+99.75%
0.61+112.34%
0.29-13.58%
0.33-22.09%
0.43-44.33%
0.76—

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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

Net Debt to Equity Ratio of MM Forgings is 0.87 in 2026.

Net Debt to Equity Ratio of MM Forgings changed from 0.93 to 0.87, representing a -7.14% change. The value is lower than the previous year.

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

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

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

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