MMFL · NSE
MM Forgings Limited
₹628.55
+1.61% (+₹9.95)
Prev. close
₹618.6
Volume
41,604
Delivery %
49.3%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About MM Forgings Limited
M M Forgings Limited, together with its subsidiaries, manufactures and sells steel forgings in India. It offers sprocket, flange housing, connecting rod, connecting rod integral, 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. The company also provides yoke shaft, double yoke, crankshaft, link, yoke, fit yoke, lever, and high pressure valves, such as body and bonnet. Its products are used for passenger cars, commercial vehicles, off highway vehicles, value/oilfield, agriculture, and engineering components. The company offers its products to commercial vehicle, passenger vehicle, tractor OEs, and others customers. It exports its products. 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.
Details
Sector
Industrials
Industry
Metal Fabrication
CEO
Mr. Vidyashankar Krishnan
Headquarters
Chennai
Employees
2,327
Website
mmforgings.comExchange
View on NSE ↗Key stats
Market cap
₹3,034.74 Cr
P/E ratio (TTM)
17.9
Dividend yield
1.27%
EPS (TTM)
₹35.20
Beta (1Y · daily vs NIFTY 50)
1.36
Beta (5Y · monthly vs NIFTY 50)
1.40
Shares float
1.88 Cr
EPS · quarter ended Jun 2026
₹18.73
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based
05 · Capital Structure & Asset Utilization
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
07 · Debt Level & Coverage
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹744.13 Cr | ₹1,122.97 Cr | ₹1,461.88 Cr | ₹1,563.07 Cr | ₹1,525.18 Cr | ₹1,589.87 Cr | |
| EBITDA | ₹146.76 Cr | ₹224.35 Cr | ₹285.34 Cr | ₹314.62 Cr | ₹318.78 Cr | ₹296.14 Cr |
| ₹46.71 Cr | ₹111.01 Cr | ₹127.95 Cr | ₹135.04 Cr | ₹123.22 Cr | ₹98.67 Cr | |
| Diluted EPS | ₹9.68 | ₹22.99 | ₹26.5 | ₹55.94 | ₹25.52 | ₹20.44 |
EBITDA for Mar 2021 could not be independently verified against the company's own annual report: this page shows ₹146.76 Cr while the annual report gives ₹145.03 Cr (1.2% apart). That disagreement leaves the whole cross-check inconclusive, so EBITDA for Mar 2020 (the annual report alone gives ₹150.75 Cr) is left blank here too, rather than shown from only one of the two sources.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹1,250.00 Cr | ₹1,414.00 Cr | ₹1,661.00 Cr | ₹1,969.00 Cr | ₹2,350.00 Cr | ₹2,496.00 Cr | |
| — | — | ₹755.90 Cr | ₹930.83 Cr | ₹1,185.24 Cr | ₹1,235.32 Cr | |
| Stockholders' equity | ₹487.00 Cr | ₹559.00 Cr | ₹673.00 Cr | ₹789.00 Cr | ₹893.00 Cr | ₹975.00 Cr |
Current assets, Trade receivables, Non-current assets, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹20.00 Cr | ₹150.00 Cr | ₹160.00 Cr | ₹149.00 Cr | ₹182.00 Cr | ₹228.00 Cr | |
| Investing cash flow | ₹-11.41 Cr | ₹-125.56 Cr | ₹-187.17 Cr | ₹-232.12 Cr | ₹-358.21 Cr | ₹-181.47 Cr |
| ₹3.69 Cr | ₹13.27 Cr | ₹16.49 Cr | ₹77.07 Cr | ₹182.89 Cr | ₹-38.11 Cr | |
| Capital expenditure | ₹0 | ₹0 | ₹-201.15 Cr | ₹-253.81 Cr | ₹-402.74 Cr | ₹-189.91 Cr |
| End cash position | ₹186.83 Cr | ₹226.02 Cr | ₹215.65 Cr | ₹209.26 Cr | ₹217.94 Cr | ₹225.44 Cr |
Debt issued, Debt repaid have filed figures for only some of the years shown — the missing years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Jun 26(21Q) |
|---|---|
| Promoter | 56.34% |
| Public | 43.66% |
| Employee trusts | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Industrials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Larsen & Toubro Limited | ₹5.24 L Cr | ₹3,836.2 | 31.6 | 4.79 | 14.7% | 1.15 | +11.8% | +4.1% |
| Adani Ports and Special Economic Zone Limited | ₹4.00 L Cr | ₹1,824 | 29.4 | 4.17 | 13.3% | 0.66 | +27.1% | +29.1% |
| Hindustan Aeronautics Limited | ₹3.20 L Cr | ₹4,800.3 | 34.3 | 7.80 | 22.2% | 0.00 | +5.6% | -1.2% |
| Bharat Electronics Limited | ₹2.82 L Cr | ₹395.45 | 46.0 | 11.75 | 25.3% | 0.00 | +15.9% | -4.1% |
| InterGlobe Aviation Limited | ₹1.87 L Cr | ₹4,920 | — | 26.87 | -34.3% | 11.15 | +6.6% | -13.9% |
| ABB India Limited | ₹1.51 L Cr | ₹7,270.5 | 95.5 | 19.28 | 21.3% | 0.01 | +8.1% | +33.7% |
| Bharat Heavy Electricals Limited | ₹1.43 L Cr | ₹429.2 | 58.8 | 5.47 | 6.1% | 0.31 | +18.3% | +83.2% |
| Hitachi Energy India Limited | ₹1.39 L Cr | ₹32,700 | 121.7 | 26.89 | 19.1% | 0.02 | +27.2% | +68.7% |
| Cummins India Limited | ₹1.39 L Cr | ₹5,099.5 | 57.8 | 16.42 | 27.9% | 0.00 | +16.9% | +24.3% |
| CG Power and Industrial Solutions Limited | ₹1.39 L Cr | ₹892 | 107.6 | 17.39 | 15.1% | 0.01 | +25.1% | +13.7% |
| Siemens Limited | ₹1.33 L Cr | ₹3,763.5 | 78.8 | 10.07 | 15.9% | 0.01 | +16.2% | +13.3% |
| MM Forgings Limited | ₹2,930.45 Cr | ₹618.6 | 17.2 | 3.00 | 10.1% | 1.27 | +4.2% | +87.5% |
Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 30
Concall transcripts
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
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