MM Forgings Ltd
Fundamental Score
MM Forgings Ltd Share Price Live NSE/BSE
Profitability Metrics
Return on Equity
Return on Capital Employed
Operating Profit Margin (5Y)
Dividend Yield
Valuation Metrics
Price to Earnings
Market Capitalization
Industry P/E
Growth Metrics
YoY Quarterly Profit Growth
YoY Quarterly Sales Growth
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Financial Health
Debt to Equity
Interest Coverage
Free Cash Flow (5Y)
Ownership Structure
Promoter Holding
FII Holding
DII Holding
Pledged Percentage
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Market Data Analysis & Educational Insights
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. This indicates sustainable profitability potential.
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 if fundamentals support the business case.
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 and market opportunity execution over time.
Excellent EPS Growth (24.14% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential and effective capital allocation over extended periods.
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 and effective operational leverage over time.
Balanced Promoter Holding (56.34%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment while ensuring adequate liquidity.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral, reducing forced-selling risk.
Analysis: Absence of share pledging eliminates potential forced-selling pressure during market stress.
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. Monitor for recovery signs and management guidance.
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 and cash flow generation.
Negative Free Cash Flow (₹-284.75 Cr over 5Y)
Observation: Cash outflows exceed inflows, indicating capital intensity or working capital issues.
Analysis: Negative FCF requires analysis of capital expenditure cycle and working capital management efficiency.
Financial Statements
Comprehensive financial data for MM Forgings Ltd
About MMFL
Business Overview
M M Forgings Limited, together with its subsidiaries, manufactures and sells steel forgings in India. The company offers sprocket, flange housing, connecting rod, rail forging, hub, knuckle, front axle beam, universal joint cross, steering and pivot arm, planetary wheel carrier, upper arm shaft, shifter fork, and rear axle spindle. It also provides yoke shaft, double yoke, crankshaft, link, yoke, fit yoke, lever, and high pressure valves body and bonnet. The company's products are used for passenger cars, commercial vehicles, off highway vehicles, value/oilfield, agriculture, and engineering components. 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.
Company Details
Key Leadership
Corporate Events
MMFL Stock Details & Analysis
Key Financial Metrics
Growth & Valuation
Frequently Asked Questions
What is the current price of MM Forgings Ltd (MMFL)?
As of 09 Feb 2026, 12:24 pm IST, MM Forgings Ltd (MMFL) is currently trading at ₹454.55. The stock has a market capitalization of ₹1.57K (Cr).
Is MMFL share price Overvalued or Undervalued?
MMFL 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 stock appears to be Undervalued against its sector peers.
What factors affect the MM Forgings Ltd share price?
Key factors influencing MMFL's price include its 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.
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's P/E of 14.59x and ROE of 15.58% against the industry averages to determine its competitive standing.
What is the P/E ratio of MMFL and what does it mean?
MMFL has a P/E ratio of 14.59x compared to the industry average of 30.45x. The Price-to-Earnings (P/E) ratio is calculated by dividing the current share price by earnings per share (EPS). This means investors are paying ₹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, which indicates concerns that require careful analysis. This comprehensive rating is based on 15+ financial parameters including profitability, growth metrics, and valuation ratios.
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.
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 and profitable operations. Return on Equity measures how efficiently MM Forgings Ltd generates profits from shareholders' equity.
How is MMFL's 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. A ratio below 1.0 generally indicates conservative financing.
What is MMFL's dividend yield and is it a good dividend stock?
MMFL offers a dividend yield of 1.23%, which means you receive ₹1.23 annual dividend for every ₹100 invested.
How has MMFL 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% of promoter shares pledged. High promoter holding often indicates strong management confidence.
What is MMFL's market capitalization category?
MMFL has a market capitalization 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 stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is the 52-week high and low for MMFL?
MMFL has a 52-week high of ₹N/A and low of ₹N/A.
What is MMFL's 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's quarterly performance?
Recent quarterly performance shows 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 stock.