M M Forgings Limited (NSE:MMFL)
India · Delayed Price · Currency is INR | Market Cap | 21.40B +25.8% |
| Revenue (ttm) | 15.90B +4.2% |
| Net Income | 981.17M -19.5% |
| EPS | 20.44 -19.0% |
| Shares Out | n/a |
| PE Ratio | 21.81 |
| Forward PE | 14.23 |
| Dividend | 4.00 (0.90%) |
| Ex-Dividend Date | Jun 12, 2026 |
| Volume | 60,537 |
| Open | 444.90 |
| Previous Close | 442.55 |
| Day's Range | 432.00 - 453.65 |
| 52-Week Range | 288.10 - 526.95 |
| Beta | 0.92 |
| Analysts | Strong Buy |
| Price Target | 564.00 (+28.34%) |
| Earnings Date | May 27, 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 StatementsNews
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 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 lower exports, especially to the U.S., but domestic sales remained stable. EBITDA margins fell, though new capacity and product launches are expected to drive a rebound in H2 and FY 2027, with debt levels peaking and interest cost reduction initiatives underway.
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% revenue decline and lower margins due to product mix and higher costs. US tariffs and global volatility cloud the outlook, but new capacity and cost controls are expected to support future growth. CapEx is being trimmed and debt levels are stable.
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. ...