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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 - ₹563.35
Previous CloseN/A
Volume76.93K
Average Volume (3M)24.04K
Market Cap
₹26.63B
Enterprise Value₹27.92K
Total Cash (Recent Filing)₹2.25B
Total Debt (Recent Filing)₹10.74B
Price to Earnings (P/E)27.0
Beta1.41
Next Earnings
Aug 07, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.73%
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
Stable B2B Manufacturing ModelMMFL’s core business of forging plus value-added machining serves automotive and industrial OEMs, creating recurring program-based orders. This B2B model and ability to deliver finished components build customer stickiness, supporting predictable revenue and margins over quarters.
Long-term Revenue GrowthSustained top-line expansion across the 2021–2026 period, with multiple rebound years, indicates resilient end-market demand and successful customer program wins. Continued revenue growth helps utilization and spreads fixed costs, supporting durable margin recovery if cyclical dips are managed.
Decent Operating ProfitabilityConsistent operating profitability and mid-single-digit net margins show MMFL can convert sales into profit within its manufacturing operations. Stable margins reflect process efficiency and value-add pricing power, providing a foundation to generate operating cash once investment and working-capital pressures ease.
Bears Say
Persistent Negative Free Cash FlowRepeated negative free cash flow over multiple years signals structural cash-generation constraints from heavy reinvestment or working-capital strain. This reduces internal funding for capex, dividends or debt reduction and increases dependence on external financing, limiting strategic flexibility.
Meaningful Leverage And Rising DebtA debt load above equity with rising total debt weakens balance-sheet resilience. Elevated leverage raises interest costs and restricts maneuverability in downturns, amplifying risk in cyclical auto/industrial markets and making funding growth or absorbing shocks more costly.
Earnings Volatility And Recent Step-downChoppy revenue and a clear earnings step-down in 2026 reduce predictability of profits and cash flow. Volatile earnings complicate reinvestment planning, may pressure credit metrics, and raise execution risk for sustaining margins or servicing higher leverage without steadier cash conversion.
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 ₹563.35 in the past 12 months.
What is MM Forgings Limited’s market cap?
MM Forgings Limited’s market cap is ₹26.63B.
When is MM Forgings Limited’s upcoming earnings report date?
MM Forgings Limited’s upcoming earnings report date is Aug 07, 2026 which is in 14 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, missing the consensus estimate of N/A by N/A.
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 0.73%. 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, missing 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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