M M Forgings Limited (NSE:MMFL)
India · Delayed Price · Currency is INR | Market Cap | 25.43B +40.6% |
| Revenue (ttm) | 15.90B +4.2% |
| Net Income | 981.17M -19.5% |
| EPS | 20.44 -19.0% |
| Shares Out | n/a |
| PE Ratio | 25.92 |
| Forward PE | 17.55 |
| Dividend | 4.00 (0.77%) |
| Ex-Dividend Date | Jun 12, 2026 |
| Volume | 152,286 |
| Open | 520.30 |
| Previous Close | 527.60 |
| Day's Range | 515.05 - 538.40 |
| 52-Week Range | 288.10 - 535.20 |
| Beta | 0.82 |
| Analysts | Strong Buy |
| Price Target | 564.00 (+5.86%) |
| Earnings Date | Aug 14, 2026 |
About M M Forgings
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 vehicl... [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 981.17 million, a decrease of -19.49%.
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for MMFL stock is "Strong Buy." The 12-month stock price target is ₹564.00, which is an increase of 5.86% from the latest price.
News
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.
M M Forgings Transcript: Q1 25/26
Q1 FY26 saw a 6% year-over-year revenue decline and margin compression due to higher costs and product mix changes. Export headwinds from US tariffs and domestic competition present risks, but new capacities and product launches are expected to support future growth.
M M Forgings Quarterly report: Q1 2026
M M Forgings has published its Q1 2026 quarterly earnings report on August 11, 2025.
M M Forgings Slides: Q1 2026
M M Forgings has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on August 11, 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. ...