M M Forgings Limited (BOM:522241)
| Market Cap | 28.75B +99.2% |
| Revenue (ttm) | 16.51B +9.7% |
| Net Income | 1.14B +2.4% |
| EPS | 27.88 +21.3% |
| Shares Out | 48.28M |
| PE Ratio | 21.36 |
| Forward PE | 18.42 |
| Dividend | 4.00 (0.67%) |
| Ex-Dividend Date | Jun 12, 2026 |
| Volume | 10,584 |
| Open | 621.60 |
| Previous Close | 622.25 |
| Day's Range | 580.55 - 621.60 |
| 52-Week Range | 276.05 - 664.65 |
| Beta | 0.85 |
| Analysts | Strong Buy |
| Price Target | 564.00 (-5.28%) |
| Earnings Date | Aug 14, 2026 |
About M M Forgings
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 vehi... [Read more]
Financial Performance
In fiscal year 2026, M M Forgings's revenue was 15.90 billion, an increase of 4.24% compared to the previous year's 15.25 billion. Earnings were 986.66 million, a decrease of -19.93%.
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for 522241 stock is "Strong Buy." The 12-month stock price target is ₹564.00, which is a decrease of -5.28% from the latest price.
News
M M Forgings Quarterly report: Q1 2027
M M Forgings has published its Q1 2027 quarterly earnings report on August 17, 2026.
M M Forgings Quarterly report: Q4 2026
M M Forgings has published its Q4 2026 quarterly earnings report on May 27, 2026.
M M Forgings Slides: Q4 2026
M M Forgings has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on May 27, 2026.
M M Forgings Annual report: Q4 2026
M M Forgings has published its Q4 2026 annual report on May 27, 2026.
M M Forgings Transcript: Q3 25/26
Q3 FY 2026 saw 11.3% YoY sales growth, margin improvement, and strong export recovery, especially in the U.S. and Europe. FY 2027 guidance is for 15-20% revenue growth, margin expansion, and cost savings, with new capacity and product launches supporting the outlook.
M M Forgings Quarterly report: Q3 2026
M M Forgings has published its Q3 2026 quarterly earnings report on February 17, 2026.
M M Forgings Slides: Q3 2026
M M Forgings has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on February 17, 2026.
M M Forgings Transcript: Q2 25/26
Sales declined year-over-year due to export weakness, but H2 is expected to improve as U.S. demand rebounds. Major CapEx projects, including a new 16,500-ton press, are set to boost capacity and margins, while debt levels remain high but stable.
M M Forgings Quarterly report: Q2 2026
M M Forgings has published its Q2 2026 quarterly earnings report on November 17, 2025.
M M Forgings Slides: Q2 2026
M M Forgings has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on November 17, 2025.
MM Forgings announces reconstitution of board committees following director changes
M M Forgings Limited has announced a comprehensive reconstitution of several board-level committees following key changes in its board of directors. The company informed the stock exchanges that Smt. ...