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MMFL Stock Chart & Stats
₹410.60
-₹5.35(-1.23%)
At close: 4:00 PM EST
₹410.60
-₹5.35(-1.23%)
Day’s Range― - ―
52-Week Range₹276.05 - ₹533.45
Previous CloseN/A
Volume76.93K
Average Volume (3M)24.04K
Market Cap
₹25.43B
Enterprise Value₹27.92K
Total Cash (Recent Filing)₹2.25B
Total Debt (Recent Filing)₹10.74B
Price to Earnings (P/E)26.0
Beta1.40
Next Earnings
Aug 14, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield1.07%
Share Statistics
EPS (TTM)20.31
Shares Outstanding48,281,600
10 Day Avg. Volume2,841
30 Day Avg. Volume24,036
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)28.56
Revenue Forecast (FY)₹18.07B
Bulls Say, Bears Say
Bulls Say
Value‑added ManufacturingMMFL's integrated forging plus machining and finishing creates a higher-value B2B offering that is harder to replicate. Value-add workflows increase customer stickiness via program supply, enable premium pricing on complex parts, and sustain margins through deeper manufacturing capability over time.
Multi-year Revenue GrowthConsistent multi-year revenue expansion with discrete rebounds shows the company can capture demand cycles and scale production. Sustained top-line growth supports fixed-cost absorption, program wins and investment in capacity, which are durable drivers of long-term profitability when managed prudently.
Positive Operating Cash Flow TrendImproving operating cash flow indicates core operations generate cash, providing a base to fund working capital and reinvestment. Even with weak free cash flow, positive OCF reduces immediate liquidity stress and underpins the firm's ability to service operations and maintain supplier and customer relationships.
Bears Say
Persistent Negative Free Cash FlowFrequent negative free cash flow signals that capital spending and working-capital needs exceed operating cash generation. Over time this forces reliance on external financing, constrains ability to return capital, and limits flexibility to invest in growth or weather demand slowdowns without increasing leverage.
Meaningful And Rising LeverageElevated and increasing leverage reduces financial resilience and raises interest expense sensitivity. In cyclical metal fabrication markets this limits strategic optionality, increases refinancing risk, and can erode returns when margins compress or demand softens, pressuring long-term stability.
Earnings Step-down And Choppy ProfitabilityA material earnings step-down and uneven growth pattern point to margin pressure and exposure to volatile end markets or input costs. Sustained earnings volatility harms reinvestment planning, weakens credit metrics, and makes it harder to sustain ROE and predictable shareholder returns over the medium term.
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 ₹533.45 in the past 12 months.
What is MM Forgings Limited’s market cap?
MM Forgings Limited’s market cap is ₹25.43B.
When is MM Forgings Limited’s upcoming earnings report date?
MM Forgings Limited’s upcoming earnings report date is Aug 14, 2026 which is in 25 days.
How were MM Forgings Limited’s earnings last quarter?
MM Forgings Limited released its earnings results on May 27, 2026. The company reported ₹10 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
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 1.07%. 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 ₹10 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -2.273%.
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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