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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)9.36K
Market Cap
₹31.18B
Enterprise Value₹27.92K
Total Cash (Recent Filing)₹2.25B
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)27.4
Beta1.31
Next Earnings
Nov 14, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.62%
Share Statistics
EPS (TTM)23.42
Shares Outstanding48,281,600
10 Day Avg. Volume7,366
30 Day Avg. Volume9,364
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 GrowthMulti-year revenue expansion indicates continued demand for MMFL’s forged and machined components. Although growth is uneven, the broader upward trend supports an established market position and provides a base for future operating scale.
Resilient ProfitabilitySustained positive margins suggest MMFL retains the ability to convert industrial sales into earnings despite cost and volume variability. This profitability provides internal funding capacity and indicates that its manufacturing operations remain economically viable.
Positive Operating Cash FlowPositive and improving operating cash flow shows that the core business generates cash before capital investment. This supports ongoing operations and debt servicing, while also providing a foundation to improve funding flexibility if capital intensity and working-capital needs moderate.
Bears Say
Persistent Negative Free Cash FlowFrequent negative free cash flow indicates that reinvestment and/or working-capital requirements absorb much of the cash generated by operations. Continued shortfalls could increase reliance on borrowing or external funding and constrain strategic flexibility.
Meaningful And Rising LeverageDebt consistently exceeding equity increases financial risk and can make earnings more sensitive to operating setbacks. Rising borrowings also reduce balance-sheet flexibility, particularly while free cash flow remains insufficient to consistently fund investment internally.
Recent Earnings And Margin PressureThe 2026 profit decline highlights vulnerability to cost inflation, product mix changes, or softer demand. If the step-down persists, it could weaken returns on the company’s asset base and make leverage harder to manage despite the longer-term revenue increase.
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 ₹31.18B.
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 71 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 0.62%. 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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