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MM Forgings
324.
15
+3.45
(+1.08%)
Market Cap
₹1,565.05 Cr
PE Ratio
15.98
Industry
Automobiles
Buy
Sell
Company Performance:
1D
+1.08%
1M
+5.28%
6M
-10.01%
1Y
-29.47%
5Y
+71.66%
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Latest news about MM Forgings
MM Forgings Reports Q2 FY26 Revenue Drop; Expects Recovery from November
5 days ago
MM Forgings Limited reported a revenue decline in Q2 FY26, with turnover at INR 758.00 crores compared to INR 793.00 crores in Q2 FY25. EBITDA dropped to INR 142.00 crores from INR 162.00 crores. The decline is attributed to inventory buildup at US customers and a slowdown in the Class VIII truck market. The company expects recovery from November 2025, targeting INR 750.00-800.00 crores revenue in H2 FY26. A new 16,500-ton press is set to be commissioned by March 2026, potentially adding INR 300.00 crores in annual revenue from FY27. Net debt stands at INR 855.00 crores, considered near peak levels for current operations.
MM Forgings Reports Mixed Q3 FY2020 Results with Steady Revenue and Profit Decline
Sep 05, 2025
MM Forgings Reports 6% Revenue Decline in Q1 Amid Market Headwinds
Aug 14, 2025
MM Forgings Reports Q1 Results: Revenue Dips Amid Challenging Global Economic Conditions
Aug 06, 2025
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