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MMFL Stock Chart & Stats
₹552.90
₹7.65(1.39%)
At close: 4:00 PM EDT
₹552.90
₹7.65(1.39%)
Day’s Range― - ―
52-Week Range₹276.05 - ₹690.10
Previous CloseN/A
Volume85.61K
Average Volume (3M)3.07K
Market Cap
₹24.59B
Enterprise Value₹27.92B
Total Cash (Recent Filing)₹2.25B
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)21.7
Beta1.36
Next Earnings
Nov 14, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.79%
Share Statistics
EPS (TTM)23.42
Shares Outstanding48,281,600
10 Day Avg. Volume2,146
30 Day Avg. Volume3,072
Financial Highlights & Ratios
PEG Ratio-0.95
Price to Book (P/B)1.82
Price to Sales (P/S)1.12
P/FCF Ratio-68.35
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)31.6
Revenue Forecast (FY)₹18.20B
Bulls Say, Bears Say
Bulls Say
Long-term Revenue GrowthRevenue growth across 2021–2026, including strong rebounds in 2022 and solid advances in 2024 and 2026, indicates that MMFL retains a multi-year expansion trajectory. Although uneven, this growth can support capacity utilization and customer relationships over the next several quarters.
Decent ProfitabilityNet margins around 8–9% through 2023–2025 and generally steady operating profitability show that MMFL has maintained a meaningful earnings base in its manufacturing operations. This provides internal support for reinvestment and resilience, even as recent profitability has softened.
Positive Operating Cash FlowPositive operating cash flow that has generally improved versus 2021 demonstrates that MMFL’s core operations are converting sales into cash. This is an important underlying strength for funding routine operations, supporting customers, and sustaining investment through the business cycle.
Bears Say
Weak Free Cash FlowRepeatedly negative free cash flow, including a deeply negative result in 2025, indicates that investment needs and/or working-capital demands are absorbing operating cash. This weakens self-funding capacity and may require continued external funding when expansion needs remain elevated.
Meaningful Rising LeverageDebt remaining above equity while total debt rises increases MMFL’s financial commitments and reduces flexibility during weaker operating periods. Higher leverage can constrain future capital allocation, amplify pressure from profitability declines, and make funding investment more dependent on lenders.
Choppy Earnings TrendUneven growth, a 2025 revenue decline, and the notable 2026 earnings step-down point to limited consistency in MMFL’s recent operating performance. Lower gross and operating profit may weaken reinvestment capacity and make future earnings more sensitive to cost or volume changes.
MM Forgings Limited News
MMFL FAQ
What was MM Forgings Limited’s price range in the past 12 months?
MM Forgings Limited lowest stock price was ₹276.05 and its highest was ₹690.10 in the past 12 months.
What is MM Forgings Limited’s market cap?
MM Forgings Limited’s market cap is ₹24.59B.
When is MM Forgings Limited’s upcoming earnings report date?
MM Forgings Limited’s upcoming earnings report date is Nov 14, 2026 which is in 23 days.
How were MM Forgings Limited’s earnings last quarter?
MM Forgings Limited released its earnings results on Aug 14, 2026. The company reported ₹7.3 earnings per share for the quarter.
Is MM Forgings Limited overvalued?
According to Wall Street analysts MM Forgings Limited’s price is currently Overvalued.
Does MM Forgings Limited pay dividends?
MM Forgings Limited pays a Annually dividend of ₹4 which represents an annual dividend yield of 0.79%. See more information on MM Forgings Limited dividends here
What is MM Forgings Limited’s EPS estimate?
MM Forgings Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does MM Forgings Limited have?
MM Forgings Limited has 48,281,600 shares outstanding.
What happened to MM Forgings Limited’s price movement after its last earnings report?
MM Forgings Limited reported an EPS of ₹7.3 in its last earnings report. Following the earnings report the stock price went down -4.307%.
Which hedge fund is a major shareholder of MM Forgings Limited?
Currently, no hedge funds are holding shares in IN:MMFL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
MM Forgings Limited
M M Forgings Limited, together with its subsidiaries, manufactures and sells steel forgings in India. The company offers sprocket, flange housing, connecting rod, 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. It also provides yoke shaft, double yoke, crankshaft, link, yoke, fit yoke, lever, and high pressure valves body and bonnet. The company's products are used for passenger cars, commercial vehicles, off highway vehicles, value/oilfield, agriculture, and engineering components. 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.
Technical Analysis
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