MM Forgings Ltd Stock Price Today (NSE: MMFL)
Fundamental Score
MM Forgings Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis
MM Forgings Ltd share price today is ₹488.80, up +0.00% on NSE/BSE as of 19 February 2026. MM Forgings Ltd (MMFL) is a Small-cap company in the Auto Components & Equipments sector with a market capitalisation of ₹1.57K (Cr). The 52-week high for MMFL share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 14.59x, MMFL is currently trading below its industry average P/E of 30.45x. The company has a Return on Equity (ROE) of 15.58% and a debt-to-equity ratio of 1.25.
MM Forgings Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
MM Forgings Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Financial Analysis of MM Forgings Share Price: An Auto Component Sector Overview
The auto components and equipment sector is currently experiencing a period of nuanced growth, heavily influenced by the global transition to electric vehicles and evolving supply chain dynamics. This analysis examines the financial standing of MM Forgings Ltd., focusing on its current valuation and profitability metrics. Currently, the MM Forgings share price stands at ₹431.1499938964844, reflecting the market's perception of the company's future prospects.
A crucial metric for evaluating MM Forgings is its Price-to-Earnings (PE) ratio of 14.59. This suggests that investors are willing to pay ₹14.59 for every rupee of earnings. To contextualize this, we should compare it to its sector peers. One such peer,
Sandhar Technologies Ltd, presents a contrasting scenario. While a direct comparison is complex without detailed data, observations suggest that the market's perception of management quality at Sandhar Technologies Ltd may differ, potentially influencing its own PE ratio. A more exhaustive management quality assessment would need to be undertaken to validate this difference.Furthermore, MM Forgings boasts a Return on Capital Employed (ROCE) of 12.5%. This percentage illustrates the efficiency with which the company generates profits from its capital. A higher ROCE typically indicates a stronger ability to create value. In the context of building a moat, a consistent ROCE of 12.5% reinforces its competitive advantage by demonstrating a sustainable return on investments. However, sustaining and improving this ROCE would be key to fortifying its moat against competitors like SNL Bearings Ltd and Fiem Industries Ltd.
It's important to understand that this financial analysis is part of a broader 80-parameter fundamental audit, meticulously verified by Sweta Mishra. We are observing the company's performance and metrics objectively. This analysis provides a snapshot of MM Forgings' current financial health, but should not be construed as investment advice.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
MM Forgings Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MMFL across key market metrics for learning purposes.
Positive Indicators
8 factors identified
Strong Return on Equity (15.58%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Strong Operating Margins (18.63%)
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: 14.59 vs Industry: 30.45)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Consistent Growth Track Record (15.22% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (24.14% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (24.13% 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
3 factors identified
Profit Decline Concern (-50.71%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Elevated Debt Levels (D/E: 1.25)
Observation: High leverage increases financial risk and interest burden.
Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.
Negative Free Cash Flow (₹-284.75 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
MM Forgings Ltd Financial Statements
Comprehensive financial data for MM Forgings Ltd including income statement, balance sheet and cash flow
About MMFL (MM Forgings Ltd)
MM Forgings Ltd (MMFL) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Auto Components & Equipments sector with a current market capitalisation of ₹1.57K (Cr). MM Forgings Ltd has delivered a Return on Equity (ROE) of 15.58% and a ROCE of 12.50%. The debt-to-equity ratio stands at 1.25, reflecting the company's capital structure. Investors tracking MMFL share price can monitor key metrics including P/E ratio, promoter holding of 56.34%, and quarterly earnings growth.
Company Details
Key Leadership
Corporate Events
MMFL Share Price: Frequently Asked Questions
What is the current share price of MM Forgings Ltd (MMFL)?
As of 19 Feb 2026, 09:11 am IST, MM Forgings Ltd share price is ₹488.80. The MMFL stock has a market capitalisation of ₹1.57K (Cr) on NSE/BSE.
Is MMFL share price Overvalued or Undervalued?
MMFL share price is currently trading at a P/E ratio of 14.59x, compared to the industry average of 30.45x. Based on this relative valuation, the MM Forgings Ltd stock appears to be Undervalued against its sector peers.
What is the 52-week high and low of MMFL share price?
The 52-week high of MMFL share price is ₹N/A and the 52-week low is ₹N/A.
What factors affect the MM Forgings Ltd share price?
Key factors influencing MMFL share price include quarterly earnings growth (Sales Growth: -3.02%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is MM Forgings Ltd a good stock for long-term investment?
MM Forgings Ltd shows a 5-year Profit Growth of 24.13% and an ROE of 15.58%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 1.25 before investing in MMFL shares.
How does MM Forgings Ltd compare with its industry peers?
MM Forgings Ltd competes with major peers in the Auto Components & Equipments. Investors should compare MMFL share price P/E of 14.59x and ROE of 15.58% against the industry averages to determine competitive standing.
What is the P/E ratio of MMFL and what does it mean?
MMFL share price has a P/E ratio of 14.59x compared to the industry average of 30.45x. Investors pay ₹15 for every ₹1 of annual earnings.
How is MMFL performing according to Bull Run's analysis?
MMFL has a Bull Run fundamental score of 44.6/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does MMFL belong to?
MMFL operates in the Auto Components & Equipments industry. This classification helps understand the competitive landscape and sector-specific trends affecting MM Forgings Ltd share price.
What is Return on Equity (ROE) and why is it important for MMFL?
MMFL has an ROE of 15.58%, which indicates excellent management efficiency. ROE measures how efficiently MM Forgings Ltd generates profits from shareholders capital.
How is MMFL debt-to-equity ratio and what does it indicate?
MMFL has a debt-to-equity ratio of 1.25, which indicates high leverage that increases financial risk.
What is MMFL dividend yield and is it a good dividend stock?
MMFL offers a dividend yield of 1.23%, meaning you receive ₹1.23 annual dividend for every ₹100 invested in MM Forgings Ltd shares.
How has MMFL share price grown over the past 5 years?
MMFL has achieved 5-year growth rates of: Sales Growth 15.22%, Profit Growth 24.13%, and EPS Growth 24.14%.
What is the promoter holding in MMFL and why does it matter?
Promoters hold 56.34% of MMFL shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in MM Forgings Ltd.
What is MMFL market capitalisation category?
MMFL has a market capitalisation of ₹1574 crores, placing it in the Small-cap category.
How volatile is MMFL stock?
MMFL has a beta of N/A. A beta > 1 suggests the MM Forgings Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is MMFL operating profit margin trend?
MMFL has a 5-year average Operating Profit Margin (OPM) of 18.63%, indicating the company's operational efficiency.
How is MMFL quarterly performance?
Recent quarterly performance shows MM Forgings Ltd YoY Sales Growth of -3.02% and YoY Profit Growth of -50.71%.
What is the institutional holding pattern in MMFL?
MMFL has FII holding of 1.76% and DII holding of 8.31%. Significant institutional holding often suggests professional confidence in the MM Forgings Ltd stock.