MM Forgings Limited (IN:MMFL)
:MMFL
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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 - ₹525.85
Previous CloseN/A
Volume76.93K
Average Volume (3M)24.04K
Market Cap
₹21.78B
Enterprise Value₹30.11B
Total Cash (Recent Filing)₹2.33B
Total Debt (Recent Filing)₹12.16B
Price to Earnings (P/E)22.3
Beta1.33
Next Earnings
Aug 12, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield1.07%
Share Statistics
EPS (TTM)19.80
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
Revenue Forecast (FY)₹18.01B
Bulls Say, Bears Say
Bulls Say
Value-added Manufacturing CapabilitiesMMFL's integrated forging plus machining and finishing capabilities create durable customer stickiness and allow capture of higher value per part. This vertical value-add supports deeper OEM relationships, steadier program awards and margin resilience versus pure-commodity suppliers over months.
Consistent Revenue Growth TrendSustained multi-year revenue growth with periodic rebounds indicates underlying demand for MMFL's products and ability to secure new or renewed programs. Durable top-line expansion helps utilization of fixed assets, spreads overhead and supports long-run operational planning over the next several months.
Stable Operating ProfitabilityConsistent mid-single-digit net margins and stable operating profit show the business can convert revenue into earnings despite cyclical end markets. Sustained profitability supports reinvestment in tooling and capacity and underpins credit access and supplier/customer confidence over a 2–6 month horizon.
Bears Say
Persistent Negative Free Cash FlowRepeated negative free cash flow signals that operating cash generation is not covering investments or working-capital needs. Over months this reduces financial flexibility, increases reliance on external funding, and constrains the company's ability to deleverage or fund growth without raising cost of capital.
Elevated And Rising LeverageMeaningful and increasing leverage raises interest and refinancing risk and limits strategic optionality. If demand softens or margins compress, servicing higher debt will pressure cash flows and may force austerity in capex or R&D, impairing long-term competitiveness within months.
Earnings Step-down In 2026A material earnings decline in the latest year suggests margin pressure or rising costs that may not be transient. If structural, this reduces free cash generation and return on equity, making it harder to service debt and invest for growth over the coming quarters.
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 ₹525.85 in the past 12 months.
What is MM Forgings Limited’s market cap?
MM Forgings Limited’s market cap is ₹21.78B.
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 63 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, along with its associated companies, operates across India, specializing in the end-to-end process of designing, fabricating, and distributing steel forgings. These vital components serve a wide range of industries, including passenger automobiles, commercial transport, off-road equipment, agricultural machinery, and high-pressure valve applications. The company's offerings primarily consist of closed die forgings, encompassing various crucial parts like axle beams, steering knuckles, crankshafts, axle spindles, gear blanks, sockets, front hubs, ball studs, crosses, and differential spiders. The firm, which was established in 1945 and is based in Chennai, India, previously operated under the name The Madras Motors Ltd before officially changing to M M Forgings Limited in 1993.
Technical Analysis
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