MM Forgings
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MM Forgings

429.35
-19.30
(-4.30%)
Market Cap
2,072.97 Cr
PE Ratio
25.04
Volume
1,21,066.00
Day High - Low
445.50 - 420.55
52W High-Low
501.05 - 288.10
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Key Fundamentals
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Market Cap
2,072.97 Cr
EPS
25.24
PE Ratio
25.04
PB Ratio
2.34
Book Value
192.01
EBITDA
318.70
Dividend Yield
0.89 %
Industry
Automobiles
Return on Equity
13.67
Debt to Equity
1.26
Analyst Rating and Forecast
- By Refinitiv from2 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+100.00 %
+100.00 %
Hold
Hold0.0 %
0.0 %
Sell
Sell0.0 %
0.0 %
Forecast For
Actual

Company News

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Caret
neutral
MM Forgings Limited releases audio recording of analyst/investor conference call held on March 5, 2026, discussing Q3FY26 unaudited financial results at Emkay Global's virtual conference.
neutral
MM Forgings delivered stable nine-month performance with revenue of ₹1,131.83 crore, though PAT declined to ₹65.80 crore amid global economic volatility and export challenges.
neutral
MM Forgings Limited has scheduled a board meeting on February 13, 2026, to approve Q3FY26 unaudited financial results. Trading window closed from January 1 to February 15, 2026.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
113.82
#1 1,20,130.67
34.83
#1 1,14,220.30
15.51
#1 4,146
8.94
36.84
30,185.00
89,026.55
#1 33.47
18,901.30
8.32
2,013
16.11
24.50
1,675.10
80,084.63
74.65
15,336.60
-3.60
913
28.20
41.58
3,830.60
59,873.68
54.14
8,350.70
13.22
939
#1 35.86
41.12
1,013.20
58,476.16
50.46
16,803.90
#1 19.48
1,021
18.12
28.51
2,458.20
47,568.35
47.22
19,835.70
15.71
1,054
-0.39
42.06
2,403.40
33,806.91
37.58
11,677.80
13.09
836
20.17
40.21
486.05
30,218.75
52.31
3,681.50
14.73
600
-0.33
38.81
39.08
25,916.53
42.64
9,332.20
11.96
606
6.71
30.33
13,604.00
25,803.50
53.29
3,939.20
0.73
461
11.71
30.09
Growth Rate
Revenue Growth
-2.26 %
Net Income Growth
-9.70 %
Cash Flow Change
22.16 %
ROE
-20.11 %
ROCE
-23.69 %
EBITDA Margin (Avg.)
4.04 %

Quarterly Financial Results

Quarterly Financials
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Revenue
218
226
256
247
221
186
189
170
81
147
227
299
246
270
296
328
338
355
375
392
370
393
403
403
384
398
376
376
362
382
416
Expenses
179
186
205
199
182
155
151
143
71
124
188
236
201
224
239
268
281
291
299
319
305
322
323
320
309
321
301
298
298
318
344
EBITDA
39
40
51
48
39
32
38
27
10
23
39
62
44
46
57
60
57
65
76
74
65
71
80
83
75
77
75
78
64
63
71
Operating Profit %
17 %
17 %
18 %
18 %
16 %
15 %
18 %
14 %
4 %
14 %
15 %
20 %
17 %
16 %
18 %
17 %
17 %
17 %
19 %
18 %
16 %
17 %
19 %
19 %
18 %
18 %
19 %
19 %
16 %
16 %
16 %
Depreciation
15
15
15
14
15
14
14
17
15
15
16
19
17
17
17
17
18
20
21
21
21
21
21
20
22
23
23
26
25
24
26
Interest
11
7
10
10
11
11
8
7
7
9
8
8
7
7
8
6
7
7
8
7
10
9
11
13
15
16
16
14
18
21
20
Profit Before Tax
21
27
29
25
19
15
17
4
-8
7
18
36
26
29
36
38
38
43
49
47
40
50
49
50
42
45
39
40
28
25
26
Tax
4
6
6
9
4
3
4
1
0
2
3
4
3
3
7
29
9
11
13
16
11
14
15
14
12
13
12
7
9
9
9
Net Profit
17
21
23
16
15
12
14
3
-8
5
16
32
23
27
29
8
28
33
36
31
29
36
34
37
30
32
27
33
19
17
18
EPS in ₹
11.43
8.61
9.58
6.69
6.36
5.05
4.67
1.27
-3.31
2.24
6.41
13.15
9.49
10.99
12.16
3.48
11.73
13.64
14.83
12.75
12.01
14.69
13.90
15.24
12.47
6.61
5.50
6.90
3.97
3.43
3.64

Balance Sheet

Balance Sheet
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
838
1,218
1,134
1,250
1,414
1,661
1,969
2,349
Fixed Assets
406
651
712
675
708
804
914
965
Current Assets
384
500
358
512
619
740
867
944
Capital Work in Progress
27
39
13
18
36
63
124
383
Investments
0
0
0
3
22
22
23
4
Other Assets
405
528
409
554
647
772
908
997
Total Equity & Liabilities
838
1,218
1,134
1,250
1,414
1,661
1,969
2,349
Current Liabilities
290
357
311
435
469
621
743
787
Non Current Liabilities
185
434
368
328
385
367
437
671
Total Equity
363
427
455
487
560
673
789
892
Reserve & Surplus
351
403
431
463
535
649
765
843
Share Capital
12
24
24
24
24
24
24
48

Cash Flow

Cash Flow
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
30
8
3
12
39
-10
-6
8
Investing Activities
-86
-301
-78
-11
-126
-187
-232
-358
Operating Activities
4
27
283
20
150
160
149
182
Financing Activities
112
281
-202
3
14
17
77
185

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Jul 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Promoter
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
56.34 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
2.28 %
2.84 %
2.65 %
3.41 %
3.75 %
3.09 %
1.80 %
1.76 %
1.74 %
DIIs
20.78 %
21.49 %
20.66 %
20.71 %
19.11 %
17.59 %
16.32 %
16.65 %
17.01 %
16.59 %
15.65 %
14.14 %
11.83 %
10.72 %
10.57 %
10.50 %
9.85 %
8.93 %
8.33 %
8.31 %
8.55 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
19.21 %
19.32 %
19.53 %
19.27 %
20.46 %
21.63 %
22.70 %
22.16 %
21.51 %
21.97 %
22.81 %
23.54 %
25.29 %
25.99 %
25.21 %
24.34 %
24.92 %
0.00 %
28.12 %
28.46 %
27.93 %
Others
3.67 %
2.85 %
3.48 %
3.68 %
4.09 %
4.44 %
4.65 %
4.85 %
5.14 %
5.11 %
5.20 %
5.98 %
4.26 %
4.12 %
5.24 %
5.41 %
5.14 %
31.65 %
5.42 %
5.14 %
5.45 %
No of Share Holders
0
8,978
9,191
8,924
9,414
11,398
12,419
15,398
15,530
15,844
16,570
18,429
22,529
27,478
30,760
34,494
33,878
34,349
35,742
35,811
34,244

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 6 10 5 5 5 6 6 8 4 0.00
Dividend Yield (%) 2.31 3.67 5.98 2.02 1.18 1.43 1.37 2.36 0.93 0.00

Announcements

Announcement under Regulation 30 (LODR)-Earnings Call Transcript5 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome8 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 01, 2026
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 19, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 17, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 17, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationFeb 13, 2026
Board Meeting Outcome for Outcome Of The Board Meeting 13 Feb 2026Feb 13, 2026
Results-Q3FY26Feb 13, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 11, 2026
Board Meeting Intimation for Approval Of Unaudited Financial Results For Q3FY26Feb 04, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 08, 2026
Closure of Trading WindowDec 26, 2025
Reply To Clarification Sought On Increase In The Volume Of Shares Traded On The Stock Exchanges.Dec 03, 2025
Clarification sought from MM Forgings LtdDec 03, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 21, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 18, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 17, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationNov 14, 2025
Board Meeting Outcome for Outcome Of Board MeetingNov 14, 2025
Unaudited Financial Results For Q2FY26Nov 14, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 12, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 07, 2025
Board Meeting Intimation for Approving The Unaudited Financial Results For Q2FY26Nov 04, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 13, 2025
Closure of Trading WindowSep 26, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 14, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 11, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 08, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 07, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 07, 2025
Appointment Of Secretarial AuditorAug 06, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 06, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationAug 06, 2025
Board Meeting Outcome for Outcome Of Board MeetingAug 06, 2025
Financial Results Q1F26Aug 06, 2025
Board Meeting Intimation for Approval Of Quarterly Unaudited Financial ResultsJul 31, 2025
Newspaper PublicationJul 15, 2025
Business Responsibility and Sustainability Reporting (BRSR)Jul 14, 2025
Reg. 34 (1) Annual Report.Jul 14, 2025
Notice Of 79Th AGM Of The CompanyJul 14, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 11, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 08, 2025
Intimation - Update On 79Th Annual General Meeting (AGM) - Change In TimingsJun 27, 2025
Closure of Trading WindowJun 26, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 28, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 26, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 26, 2025
Announcement Of Date Of Annual General Meeting And E-Voting Dates.May 24, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationMay 24, 2025

Technical Indicators

RSI(14)
Neutral
44.26
ATR(14)
Volatile
22.85
STOCH(9,6)
Neutral
46.86
STOCH RSI(14)
Neutral
25.24
MACD(12,26)
Bearish
-4.41
ADX(14)
Weak Trend
18.96
UO(9)
Bearish
51.76
ROC(12)
Downtrend And Accelerating
-6.87
WillR(14)
Neutral
-75.21