MM Forgings
NSE: MMFLBSE: 522241
₹ 483.00▼ 8.1 (−1.65%)28 Oct, 03:29 pm IST
- Market cap
- ₹ 2,320 Cr.
- P/E
- 20.7x
- P/B
- 2.41x
- 52-week range
- 295.2 – 687.95
- ROE
- 10%
- ROCE
- 9%
- Dividend yield
- 0.8%
- Debt / equity
- 1.27
- Sector
- Auto Components
- Industry
- Auto Components & Equipments
- Listed on
- NSE, BSE
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Auto Components & Equipments: 155 companies →MM Forgings against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)20.7 against a typical 27.4: cheaper than most peers (1st = cheapest).60th of 153
- Sales growth+16% against a typical +20.7% from a year earlier.95th of 142
- Profit growth+373.7% against a typical +15.3% from a year earlier.4th of 127
- Share price, 3 months−12% against a typical −4.4%.101st of 142
- Size₹ 2,319.6 Cr. market value against a typical ₹ 728 Cr. (1st = largest).46th of 138
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by CAREA
DefaultRiskyModerateSafeVery safe
- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE A / CARE A1 | Stable | 30 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 30 Jun 2026 | Reaffirmed | CARE A / CARE A1 | — | CARE | ₹ 1,466.2 Cr. | |
| 9 Apr 2026 | Reaffirmed | CARE A / CARE A1 | — | CARE | ₹ 1,297.22 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 14 Aug 2026 | Financial Results | MMFL : 14-Aug-2026 : The Company has informed the Exchange that a Board meeting to be held on August 07, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on August 14, 2026, To consider and approve the financial results for the period ended Jun 30, 2026 |
| 7 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 27 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 25 Mar 2026 | Fund Raising | To consider Fund Raising |
| 13 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 14 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 397 | 399 | 398 | 382 | 398 | 374 | 371 | 362 | 385 | 414 | 430 | 420 |
| Expenses | 322 | 323 | 320 | 309 | 321 | 301 | 298 | 298 | 318 | 344 | 349 | 346 |
| Operating Profit | 75 | 75 | 78 | 73 | 77 | 73 | 73 | 63 | 67 | 69 | 81 | 75 |
| OPM % | 19% | 19% | 20% | 19% | 19% | 20% | 20% | 18% | 17% | 17% | 19% | 18% |
| Other Income | 5 | 6 | 6 | 6 | 7 | 4 | 6 | 8 | 4 | 3 | 1 | 63 |
| Interest | 9 | 11 | 13 | 15 | 16 | 15 | 14 | 18 | 21 | 20 | 18 | 16 |
| Depreciation | 21 | 21 | 20 | 22 | 23 | 23 | 26 | 25 | 24 | 26 | 28 | 30 |
| Profit before tax | 50 | 49 | 50 | 42 | 45 | 39 | 40 | 28 | 25 | 26 | 35 | 91 |
| Tax % | 29% | 31% | 27% | 29% | 29% | 31% | 17% | 31% | 34% | 33% | −26% | 1% |
| Net Profit | 35 | 34 | 37 | 30 | 32 | 27 | 33 | 19 | 17 | 18 | 45 | 90 |
| EPS in Rs | 7.34 | 6.94 | 7.62 | 6.23 | 6.61 | 5.5 | 6.89 | 3.97 | 3.43 | 3.64 | 9.27 | 18.73 |
Growth and returns
Compounded yearly rates over each period.
Compounded Sales Growth
- 10 Years
- —
- 5 Years
- 16%
- 3 Years
- 3%
- TTM
- 10%
Compounded Profit Growth
- 10 Years
- —
- 5 Years
- 17%
- 3 Years
- −8%
- TTM
- 1%
Stock Price CAGR
- 10 Years
- 20%
- 5 Years
- 13%
- 3 Years
- 11%
- TTM
- —
Return on Equity
- 10 Years
- —
- 5 Years
- 16%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
P/E 20.7xEPS (12 months) ₹ 23.30Median P/E 16.6x
P/E (times)EPS (₹)
Prices are delayed and for information only. Nothing on this page is investment advice.