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
₹21.22B
Enterprise Value₹31.71B
Total Cash (Recent Filing)₹2.33B
Total Debt (Recent Filing)₹12.16B
Price to Earnings (P/E)24.9
Beta1.25
Next Earnings
May 22, 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-1.43
Price to Book (P/B)1.88
Price to Sales (P/S)1.10
P/FCF Ratio-6.44
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)31.15
Revenue Forecast (FY)₹18.01B
Bulls Say, Bears Say
Bulls Say
Stable Gross MarginsStable gross margins indicate MMFL’s manufacturing and process controls are sustaining unit economics across cycles. For a forging specialist, consistent gross margins support long-term competitiveness on complex, value‑added parts and underpin recurring operating profitability.
Multi-year Revenue GrowthSustained multi-year revenue expansion reflects successful penetration of automotive and industrial supply chains and increasing share of value‑added machined components. Persistent top-line growth improves scale economics and supports continued reinvestment in capabilities.
Positive Operating Cash FlowConsistent positive operating cash flow shows core operations generate real cash, enabling the company to fund working capital and service debt. This underlying cash generation is a durable strength if maintained, even while capex temporarily depresses free cash flow.
Bears Say
High LeverageElevated debt-to-equity increases financial risk and interest burden, reducing flexibility to absorb demand shocks or fund strategic investments. Over the medium term, high leverage can pressure margins and require prioritizing debt reduction over growth initiatives.
Negative Free Cash FlowHeavy capex driving negative free cash flow limits immediate ability to return capital or rapidly de‑leverage. If capex does not translate into materially higher cash returns, prolonged negative FCF could force external financing and raise execution risk.
EPS And Margin SoftnessMaterial EPS decline and weakening net margin point to rising operating expenses or cost pressure that erodes profitability. Sustained margin compression would impair returns on invested capital and make it harder to fund growth while servicing elevated debt.
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 ₹21.22B.
When is MM Forgings Limited’s upcoming earnings report date?
MM Forgings Limited’s upcoming earnings report date is May 22, 2026 which is tomorrow.
How were MM Forgings Limited’s earnings last quarter?
MM Forgings Limited released its earnings results on Feb 13, 2026. The company reported ₹5.3 earnings per share for the quarter, beating the consensus estimate of N/A by ₹5.3.
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 ₹5.3 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -1.919%.
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, designs, manufactures, and sells steel forgings for passenger cars, commercial vehicles, off highway, agricultural, and high pressure valves in India. It offers closed die forgings, such as axle beams, steering knuckles, crankshaft, axle spindles, gear blanks, sockets, front hubs, ball studs, cross, and differential spiders. 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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