M M Forgings Limited (BOM:522241)
India flag India · Delayed Price · Currency is INR
467.10
+18.85 (4.21%)
At close: Jun 15, 2026

M M Forgings Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, M M Forgings stock has a consensus rating of "Strong Buy" and an average price target of ₹564.00. The average 1-year stock price forecast is 20.75% higher than the current stock price, while the lowest is ₹514.00 (+10.04%) and the highest is ₹600.00 (+28.45%).

Price Target: ₹564.00 (+20.75%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price₹514.00₹564.00₹578.00₹600.00
Change+10.04%+20.75%+23.74%+28.45%

Analyst Ratings

The average analyst rating for M M Forgings stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy223333
Buy000000
Hold000000
Sell000000
Strong Sell000000
Total223333

Financial Forecast

Revenue This Year
18.20B
from 15.90B
Increased by 14.47%
Revenue Next Year
20.61B
from 18.20B
Increased by 13.26%
EPS This Year
30.00
from 23.58
Increased by 27.23%
EPS Next Year
39.30
from 30.00
Increased by 31.00%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
11.40B14.62B15.63B15.25B15.90B18.20B
Revenue Growth
51.53%28.28%6.92%-2.42%4.24%14.47%
Gross Profit
6.05B7.46B8.12B8.26B7.29B9.61B
Gross Margin
53.12%51.01%51.95%54.13%45.86%52.80%
Operating Income
1.41B1.94B2.10B2.03B1.77B2.75B
Net Income
909.95M1.28B1.35B1.22B981.17M1.45B
EPS
----23.5830.00
EPS Growth
-----16.47%27.23%
Forward PE
-----15.57
Dividend / Share
3.003.004.004.004.005.10
Dividend Growth
--33.33%--27.50%
Free Cash Flow
-254.30M-877.63M-1.99B-2.83B-748.13M3.01B
No. Analysts
-----2
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue20272028
High18.2B
Avg18.2B
Low18.2B

Revenue Growth

Revenue Growth20272028
High
14.5%
Avg
14.5%
Low
14.5%

EPS Forecast

EPS20272028
High-
Avg30.00
Low-

EPS Growth

EPS Growth20272028
High-
Avg
27.2%
Low-