MM Forgings Limited Stock Price Today (NSE: MMFL)

MM Forgings Limited

628.55+9.95 (+1.61%)
Market Closed

Fundamental Score

...

MM Forgings Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

MM Forgings Limited share price today is 628.55, up +1.61% on NSE/BSE as of 18 September 2026. MM Forgings Limited (MMFL) is a Small-cap company in the Auto Components & Equipments sector with a market capitalisation of 3.03K (Cr). The 52-week high for MMFL share price is 687.95 and the 52-week low is 288.10. At a P/E ratio of 17.92x, MMFL is currently trading below its industry average P/E of 30.15x. 0

MM Forgings Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
687.95
Low
563.05
Volume
2.0L
Change
-6.27%

MM Forgings Limited share price chart: -6.27% return over the past month. 52-week high ₹687.95, 52-week low ₹288.10.

MM Forgings Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
609.50632.15604.85618.6070.89K (Cr)
597.00611.60578.20606.951.09L (Cr)
631.70633.65583.50593.801.99L (Cr)
644.15644.70626.60631.7071.00K (Cr)
621.00648.35616.10644.102.14L (Cr)
613.75628.75609.40616.9591.87K (Cr)
615.00623.05603.30615.8585.65K (Cr)
630.15635.90615.20618.101.38L (Cr)
643.80649.90620.00630.101.63L (Cr)
652.90660.95637.20641.8090.62K (Cr)

MM Forgings Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
648.00678.00578.20618.60-4.54%
551.05687.95550.00650.10+17.97%
457.40565.00448.00546.85+19.56%
451.55481.90428.12454.65+0.69%
484.65511.50431.55447.95-7.57%
377.00526.95376.55494.40+31.14%
445.60465.00364.85371.55-16.62%
393.60501.05383.30459.10+16.64%
366.00439.20356.35409.25+11.82%
328.80384.95323.05362.60+10.28%
305.85333.45295.20327.05+6.93%
308.15320.00288.10305.85-0.75%

Returns & Performance

Poor

Return on Equity (ROE)

0.00%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

12.05%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

19.27%

Average operating profit margin over 5 years

Dividend Yield

0.77%

Annual dividend as % of current share price

MM Forgings Limited Valuation Check

Excellent

Price to Earnings (P/E)

17.92x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.15x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

56.34%

% shares held by company founders/management

Poor

FII Holding

1.85%

% shares held by foreign institutional investors

Average

DII Holding

8.38%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

32.80%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

13.34%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

16.40%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

1.10%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

19.44%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.10x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

2.47x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-100.38 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

MM Forgings Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of MMFL across key market metrics for learning purposes.

Positive Indicators

7 factors identified

Strong Operating Margins (19.27%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 17.92 vs Industry: 30.15)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (32.80%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Consistent Growth Track Record (16.40% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Strong Profit Growth Track Record (19.44% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Balanced Promoter Holding (56.34%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

5 factors identified

Below-Average Return on Equity (0.00%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Weak Earnings Growth (1.10% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Elevated Debt Levels (D/E: 1.10)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Weak Interest Coverage (2.47x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-100.38 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

MM Forgings Limited vs Auto Components & Equipments Peers

Peer Comparison - Auto Components & Equipments

Compare MM Forgings Limited with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
53.7/100
629
₹3034.74
17.9
Average
0.00%
Poor
12.05%
Average
1.1
Average
19.44%
Excellent
16.40%
Excellent
0.77%
68.6/100
164
₹172775.53
39.4
Average
10.18%
Average
11.89%
Average
0.4
Excellent
30.01%
Excellent
17.06%
Excellent
0.42%
60.7/100
49100
₹144845.00
61.3
Average
19.35%
Good
24.73%
Excellent
0.0
Excellent
41.90%
Excellent
15.57%
Excellent
0.65%
58.4/100
1980
₹94651.60
134.0
Average
11.50%
Average
16.62%
Good
0.7
Good
40.73%
Excellent
21.55%
Excellent
0.40%
66.7/100
1229
₹70968.60
58.9
Average
19.07%
Good
18.97%
Good
0.4
Excellent
42.10%
Excellent
25.26%
Excellent
0.23%
68.9/100
3934
₹63255.50
49.1
Average
0.00%
Poor
27.26%
Excellent
0.0
Excellent
32.73%
Excellent
20.82%
Excellent
0.85%
67.6/100
2678
₹51851.89
85.4
Average
9.59%
Poor
14.87%
Average
0.1
Excellent
17.34%
Excellent
30.30%
Excellent
0.12%
68.2/100
800
₹49731.70
71.4
Average
10.96%
Average
13.83%
Average
0.0
Excellent
23.67%
Excellent
24.12%
Excellent
0.51%
64/100
2756
₹38761.68
40.0
Average
15.16%
Good
18.24%
Good
0.2
Excellent
12.86%
Good
17.39%
Excellent
0.42%
34.5/100
411
₹34913.75
37.5
Average
6.14%
Poor
8.87%
Poor
0.1
Excellent
2.41%
Average
12.38%
Good
0.48%
59.6/100
11806
₹30884.50
60.8
Average
12.55%
Average
15.83%
Good
1.0
Average
30.31%
Excellent
38.91%
Excellent
0.12%

MM Forgings Limited PE Ratio History

Historical price-to-earnings ratio for MMFL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202525.24₹362.6014.4x
FY 202455.94₹465.158.3x
FY 202326.50₹483.8218.3x
FY 202218.84₹410.7021.8x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

MM Forgings Limited Dividend History

Annual cash dividends paid by MMFL — dividend yield 0.77%

Financial YearDividends Paid (₹ Cr)
FY 202519.31 Cr
FY 202414.48 Cr
FY 202314.48 Cr
FY 202212.07 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

MM Forgings Limited Quarterly Performance

Latest quarterly metrics for MMFL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

13.34%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

32.80%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

16.40%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

19.44%

Compounded annual net profit growth over 5 years

MM Forgings Limited Technical Indicators

SMA 50, SMA 200, RSI and volume signals for MMFL — calculated from daily price history

40RSI 14
Neutral — RSI 40

Momentum is balanced — neither overbought nor oversold.

SMA 50
580
▲ Price above SMA 50 — Short-term bullish
SMA 200
464
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
203K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

MM Forgings Limited Financial Statements

Annual income statement, balance sheet and cash flow for MM Forgings Limited (MMFL) — sourced from NSE/BSE filings.

Financial Results & Statements

Latest quarterly, annual and period-wise financial data for MM Forgings Limited

Loading latest quarterly results...

About MMFL (MM Forgings Limited)

MM Forgings Ltd is a key player in the Indian auto components and equipments industry, specializing in the intricate crafting of steel forgings. The company prides itself on its ab...ility to transform raw steel into durable and high-precision components essential for a variety of automotive applications. Their expertise lies in producing a wide array of forged parts, ranging from robust connecting rods and critical axle components to specialized steering arms and intricate planetary wheel carriers. These forged components are engineered to withstand the demanding conditions within vehicles, ensuring optimal performance and longevity. MM Forgings operates with a strong focus on quality and precision, utilizing advanced manufacturing processes to meet the stringent requirements of the automotive sector. MM Forgings caters to a diverse range of automotive needs, supplying vital parts for both passenger vehicles and heavy-duty commercial applications. Their product portfolio extends beyond standard automotive components, including specialized forgings for rail applications, highlighting their versatility and adaptability. The company’s commitment to innovation is evident in its ability to produce complex shapes and designs, such as yoke shafts, crankshafts, and high-pressure valve bodies. This capability positions them as a reliable partner for automotive manufacturers seeking customized forging solutions. The company also emphasizes its dedication to maintaining high standards of quality and reliability within its supply chain. Beyond the breadth of its product offerings, MM Forgings distinguishes itself through its commitment to delivering superior engineering and manufacturing capabilities. Their advanced forging techniques and rigorous quality control processes ensure that each component meets the highest industry benchmarks. The company's dedication to continuous improvement and innovation allows them to remain at the forefront of the auto components sector, adapting to evolving market demands and technological advancements. MM Forgings plays a vital role in supporting the growth and development of the automotive industry in India and potentially beyond, providing essential components that contribute to the overall performance and safety of vehicles.

Company Details

Symbol:MMFL
Industry:Auto Components & Equipments
Sector:Auto Components & Equipments

Key Leadership

Mr. Vidyashankar Krishnan
Chairman & MD
Mr. Venkatramanan Krishnan
Joint MD & Executive Director
Mr. R. Venkatakrishnan
Chief Financial Officer

MMFL Share Price: Frequently Asked Questions

What is the current share price of MM Forgings Limited?

MM Forgings Limited (MMFL) trades at ₹628.55 on NSE and BSE. Market cap ₹3.03K (Cr). Educational data only.

What is the P/E ratio of MM Forgings Limited?

MM Forgings Limited has a P/E of 17.92x vs industry average 30.15x.

What is the Bull Run score for MM Forgings Limited?

MM Forgings Limited has a Bull Run score of 53.7/100 based on 25+ financial parameters.

Does MM Forgings Limited pay dividends?

MM Forgings Limited has a dividend yield of 0.77%. Past dividends don't guarantee future payments.

What is the ROE of MM Forgings Limited?

MM Forgings Limited has ROE of 0.00%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of MM Forgings Limited?

MM Forgings Limited has debt-to-equity of 1.10.

Is MM Forgings Limited a good investment?

Bull Run gives MM Forgings Limited a score of 53.7/100. This is not investment advice — consult a SEBI-registered advisor.