MM Forgings
412.05
+7.15(+1.77%)
Market Cap₹1,989.44 Cr
PE Ratio22.49
IndustryAutomobiles
Company Performance:
1D+1.77%
1M-10.25%
6M+32.22%
1Y+18.44%
5Y+68.80%
View Company Insightsright
More news about MM Forgings
19Feb 26
MM Forgings Releases Q3FY26 Conference Call Transcript with Growth Outlook
MM Forgings published its Q3FY26 conference call transcript detailing strong operational performance with 11.3% YoY sales growth and 7% sequential improvement. Management highlighted export market recovery, particularly in the US, and announced comprehensive cost reduction strategies including interest rate swaps and green energy transition expected to save ₹40-45 crore annually. The company projects ₹300 crore revenue growth in FY27 from existing capacity expansion and market recovery.
 no imag found
04Feb 26
MM Forgings Limited Schedules Board Meeting on February 13, 2026 for Q3FY26 Financial Results Approval
MM Forgings Limited has scheduled a board meeting for February 13, 2026, to approve unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. The company has implemented a trading window closure from January 1 to February 15, 2026, prohibiting specified persons from trading during the financial results approval period. This regulatory compliance measure aligns with SEBI LODR Regulation 29(1) requirements.
 no imag found
21Nov 25
MM Forgings Reports Q2 FY26 Revenue Drop; Expects Recovery from November
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.
 no imag found
05Sept 25
MM Forgings Reports Mixed Q3 FY2020 Results with Steady Revenue and Profit Decline
MM Forgings Limited released Q3 FY2020 results. Standalone net sales were ₹241.83 crores with net profit of ₹11.25 crores. Consolidated results showed net sales of ₹246.85 crores and net profit of ₹11.32 crores. Nine-month consolidated figures were stronger: net sales of ₹585.57 crores and net profit of ₹62.68 crores. While revenue remained stable, profitability showed signs of pressure, possibly due to industry challenges.
 no imag found
14Aug 25
MM Forgings Reports 6% Revenue Decline in Q1 Amid Market Headwinds
MM Forgings Limited reported a 6% year-on-year decline in Q1 total income to INR 358.00 crores. EBITDA decreased to INR 72.00 crores from INR 78.00 crores, while PAT fell to INR 22.00 crores from INR 32.00 crores. Production increased to 18,000 tons, but sales volume declined to 17,780 tons. The company operates at 60% capacity utilization. Domestic sales account for 60% of revenue, with exports at 40%. Commercial vehicles contribute 80% to sales. MM Forgings revised its full-year capex target to INR 150.00-200.00 crores. The company faces challenges including US market headwinds and potential tariffs but sees opportunities in Europe and the Far East markets.
 no imag found
06Aug 25
MM Forgings Reports Q1 Results: Revenue Dips Amid Challenging Global Economic Conditions
MM Forgings Limited announced Q1 financial results showing a decline in revenue and profit. Standalone revenue decreased 6.3% to ₹341.37 crore, while profit after tax fell 31.1% to ₹22.34 crore. Export sales contributed 40.2% of overall sales at ₹137.00 crore. The commercial vehicle segment dominated sales at 52.6%. Despite challenges, the company maintained a strong EBITDA of ₹71.64 crore. Management cited global economic volatility, geopolitical dynamics, and softer demand in the Indian automotive industry as key factors affecting performance.
 no imag found
MM Forgings
412.05
+7.15
(+1.77%)
1 Year Returns:+18.44%
Industry Peers
Bosch
32,135.00
(+4.90%)
Bharat Forge
1,642.60
(-1.55%)
UNO Minda
1,025.40
(-1.73%)
Schaeffler India
3,764.40
(-2.74%)
Tube Investment
2,567.30
(-0.21%)
Endurance Technologies
2,251.90
(+0.00%)
ZF Commercial
13,974.00
(-2.79%)
Exide Industries
299.25
(-0.20%)