Want to see IN:MMFL full AI Analyst Report?
MMFL Stock Chart & Stats
₹552.90
₹7.65(1.39%)
At close: 4:00 PM EDT
₹552.90
₹7.65(1.39%)
Day’s Range― - ―
52-Week Range₹276.05 - ₹664.65
Previous CloseN/A
Volume85.61K
Average Volume (3M)24.04K
Market Cap
₹30.80B
Enterprise Value₹27.92K
Total Cash (Recent Filing)₹2.25B
Total Debt (Recent Filing)₹10.74B
Price to Earnings (P/E)30.6
Beta1.31
Next Earnings
Aug 14, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.64%
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)30
Revenue Forecast (FY)₹18.20B
Bulls Say, Bears Say
Bulls Say
Long-term Revenue GrowthSustained multi-year revenue expansion and periodic strong rebounds indicate persistent demand for forgings and parts. This supports production scale, reinforces OEM relationships, and provides a structural base for margin recovery and investment planning over the next 2–6 months.
Operating Cash Flow ImprovementPositive and improving operating cash flow demonstrates the core business generates cash from operations, helping fund working capital and reinvestment. Over months this reduces reliance on external financing for normal cycles, supporting durable operational resilience.
Asset Growth And Prior Strong ROERising equity and historical strong ROE signal prior effective capital allocation and business scaling. This structural strength suggests management can expand capacity and absorb cyclical demand, providing a foundation for medium-term profitability recovery.
Bears Say
Persistent Negative Free Cash FlowRegular negative free cash flow erodes financial flexibility and forces dependence on external funding or higher leverage to support capex and working capital. Over 2–6 months this raises refinancing and liquidity risk if cash generation does not improve.
Meaningful LeverageElevated and rising debt levels constrain financial optionality and increase interest burden, limiting capacity to invest or absorb shocks. Structurally higher leverage heightens solvency risk and amplifies earnings volatility over the medium term.
Earnings Step-down And Margin PressureA notable earnings decline and weaker gross/operating profit point to margin stress from costs or pricing pressure. If margins remain pressured, the company faces slower profit recovery and reduced ability to cover fixed costs and service debt in the coming months.
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 ₹664.65 in the past 12 months.
What is MM Forgings Limited’s market cap?
MM Forgings Limited’s market cap is ₹30.80B.
When is MM Forgings Limited’s upcoming earnings report date?
MM Forgings Limited’s upcoming earnings report date is Aug 14, 2026 which is yesterday.
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 0.64%. 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
Balu Forge Industries Ltd
―
Ganga Forging Ltd.
―
Happy Forging Limited
―
Hilton Metal Forging Limited
―
Tirupati Forge Ltd.
―