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MM Forgings Limited (IN:MMFL)
:MMFL
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 - ₹477.00
Previous CloseN/A
Volume76.93K
Average Volume (3M)24.04K
Market Cap
₹22.14B
Enterprise Value₹32.62B
Total Cash (Recent Filing)₹2.18B
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)25.6
Beta1.21
Next Earnings
May 22, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield1.07%
Share Statistics
EPS (TTM)5.30
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 Target
₹600.00Price Target Upside46.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Value‑added Business ModelMM Forgings' focus on precision forgings plus machining and finishing creates downstream stickiness with OEMs and tier suppliers. Supplying ready-to-assemble parts enhances customer integration, supports higher per-part margins, and builds recurring revenue from multi-step manufacturing relationships.
Multi-year Revenue Growth With Stable Gross MarginsConsistent top-line expansion combined with steady gross margins indicates durable demand and effective cost control across cycles. This pattern supports reinvestment capacity and pricing power in industrial supply chains, underpinning sustainable operating performance over the medium term.
Positive Operating Cash GenerationPositive operating cash flow aligned with net income shows the core operations reliably convert earnings into cash. This cash generation underpins the company’s ability to fund working capital and servicing of debt, providing a foundation for durable operations despite heavy capex demands.
Bears Say
Elevated LeverageHigher debt-to-equity increases interest and refinancing risk, reducing financial flexibility. In a capital‑intensive manufacturing business, elevated leverage can constrain strategic investments, limit buffer against demand shocks, and prolong vulnerability until deleveraging or stronger free cash flow materializes.
Negative Free Cash Flow From Heavy CapexSustained negative free cash flow from heavy capex ties up cash in capacity build-out. If incremental investments take time to mature or underdeliver, liquidity and the ability to reduce debt or return capital to shareholders will be constrained, raising medium-term execution and financing risk.
Net Margin Softness And EPS DeclineA downward move in net margins and sizable EPS contraction reflect rising expenses or margin pressure. Persisting margin weakness will erode internal funding for capex and debt paydown, and could impair competitive positioning if the firm cannot restore cost discipline or pass through input costs.
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 ₹477.00 in the past 12 months.
What is MM Forgings Limited’s market cap?
MM Forgings Limited’s market cap is ₹22.14B.
When is MM Forgings Limited’s upcoming earnings report date?
MM Forgings Limited’s upcoming earnings report date is May 22, 2026 which is in 91 days.
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 Undervalued.
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.
MMFL Stock 12 Month Forecast
Average Price Target
₹600.00
▲(46.13% Upside)
Technical Analysis
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