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MMFL Stock Chart & Stats
₹410.60
-₹5.35(-1.23%)
At close: 4:00 PM EST
₹410.60
-₹5.35(-1.23%)
Day’s Range― - ―
52-Week Range₹276.05 - ₹532.00
Previous CloseN/A
Volume76.93K
Average Volume (3M)24.04K
Market Cap
₹24.91B
Enterprise Value₹31.26B
Total Cash (Recent Filing)₹2.25B
Total Debt (Recent Filing)₹10.74B
Price to Earnings (P/E)25.4
Beta1.41
Next Earnings
Aug 12, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield1.07%
Share Statistics
EPS (TTM)20.31
Shares Outstanding48,281,600
10 Day Avg. Volume2,841
30 Day Avg. Volume24,036
Financial Highlights & Ratios
PEG Ratio-0.95
Price to Book (P/B)1.82
Price to Sales (P/S)1.12
P/FCF Ratio-68.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)28.56
Revenue Forecast (FY)₹18.07B
Bulls Say, Bears Say
Bulls Say
Value-added Manufacturing CapabilitiesMMFL's integrated forging plus machining/finishing model creates durable customer stickiness and higher-margin product mix. Supplying both basic forgings and finished components to OEMs supports long-term program revenues, deeper technical relationships, and the ability to capture value across the supply chain.
Long-term Revenue Growth TrendA multi-year upward revenue trend demonstrates underlying demand resilience in automotive and industrial end-markets. Rebounds in 2022 and growth in 2024/2026 indicate the business can recover and expand after cycles, supporting capacity utilization, supplier relationships, and justified reinvestment over the medium term.
Improving Operating Cash FlowPositive and improving operating cash flow signals that core operations generate cash even if free cash flow is weak. This improves near-term liquidity for operations and working capital, reducing immediate refinancing pressure and enabling the firm to sustain production and customer programs while addressing structural cash needs.
Bears Say
Persistent Negative Free Cash FlowChronic negative free cash flow reduces financial flexibility and forces reliance on external funding or higher leverage to fund capex and working-capital needs. Over a multi-month horizon this limits the company's ability to de-risk operations, invest selectively, or return capital without improving underlying cash conversion.
Meaningful And Rising LeverageA debt-to-equity ratio above 1 and rising total debt increase interest exposure and reduce strategic flexibility. High leverage amplifies earnings volatility, constrains investment choices, and raises refinancing risk if market conditions tighten, making the company's capital structure a persistent vulnerability.
Earnings Step-down And Margin PressureA measurable drop in gross and operating profit in 2026 signals margin compression that can persist if raw material costs, pricing pressure, or inefficiencies remain. Sustained margin erosion undermines cash generation and returns on equity, and can necessitate restructuring or higher pricing power to restore profitability.
MM Forgings Limited News
MMFL FAQ
What was MM Forgings Limited’s price range in the past 12 months?
MM Forgings Limited lowest stock price was ₹276.05 and its highest was ₹532.00 in the past 12 months.
What is MM Forgings Limited’s market cap?
MM Forgings Limited’s market cap is ₹24.91B.
When is MM Forgings Limited’s upcoming earnings report date?
MM Forgings Limited’s upcoming earnings report date is Aug 12, 2026 which is in 28 days.
How were MM Forgings Limited’s earnings last quarter?
MM Forgings Limited released its earnings results on May 27, 2026. The company reported ₹10 earnings per share for the quarter, beating the consensus estimate of N/A by ₹10.
Is MM Forgings Limited overvalued?
According to Wall Street analysts MM Forgings Limited’s price is currently Overvalued.
Does MM Forgings Limited pay dividends?
MM Forgings Limited pays a Annually dividend of ₹4 which represents an annual dividend yield of 1.07%. See more information on MM Forgings Limited dividends here
What is MM Forgings Limited’s EPS estimate?
MM Forgings Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does MM Forgings Limited have?
MM Forgings Limited has 48,281,600 shares outstanding.
What happened to MM Forgings Limited’s price movement after its last earnings report?
MM Forgings Limited reported an EPS of ₹10 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.273%.
Which hedge fund is a major shareholder of MM Forgings Limited?
Currently, no hedge funds are holding shares in IN:MMFL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
MM Forgings Limited
M M Forgings Limited, together with its subsidiaries, manufactures and sells steel forgings in India. The company offers sprocket, flange housing, connecting rod, rail forging, hub, knuckle, front axle beam, universal joint cross, steering and pivot arm, planetary wheel carrier, upper arm shaft, shifter fork, and rear axle spindle. It also provides yoke shaft, double yoke, crankshaft, link, yoke, fit yoke, lever, and high pressure valves body and bonnet. The company's products are used for passenger cars, commercial vehicles, off highway vehicles, value/oilfield, agriculture, and engineering components. The company was formerly known as The Madras Motors Ltd and changed its name to M M Forgings Limited in 1993. M M Forgings Limited was founded in 1945 and is based in Chennai, India.
Technical Analysis
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