M M Forgings Limited (NSE:MMFL)
India flag India · Delayed Price · Currency is INR
635.70
-16.70 (-2.56%)
Nov 11, 2026, 1:30 PM IST

M M Forgings Stock Forecast

Stock Price Forecast

According to 2 analysts polled by S&P Global, M M Forgings stock has a consensus rating of "Strong Buy" and an average price target of ₹866.00. The average 1-year stock price forecast is 36.23% higher than the current stock price, while the lowest is ₹840.00 (+32.14%) and the highest is ₹892.00 (+40.32%).

Price Target: ₹866.00 (+36.23%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹840.00₹866.00₹866.00₹892.00
Change+32.14%+36.23%+36.23%+40.32%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Oct '26Nov '26
Strong Buy333322
Buy000000
Hold000000
Sell000000
Strong Sell000000
Total333322

Financial Forecast

Revenue This Year
19.21B
from 15.90B
Increased by 20.80%
Revenue Next Year
19.78B
from 19.21B
Increased by 2.99%
EPS This Year
36.80
from 23.58
Increased by 56.06%
EPS Next Year
41.25
from 36.80
Increased by 12.09%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
11.40B14.62B15.63B15.25B15.90B19.21B
Revenue Growth
51.53%28.28%6.92%-2.42%4.24%20.80%
Gross Profit
6.05B7.46B8.12B8.26B8.49B10.56B
Gross Margin
53.12%51.01%51.95%54.13%53.41%55.00%
Operating Income
1.41B1.94B2.10B2.03B1.77B2.64B
Net Income
909.95M1.28B1.35B1.23B986.66M2.18B
EPS
----23.5836.80
EPS Growth
-----16.47%56.06%
Forward PE
-----17.27
Dividend / Share
3.003.004.004.004.005.30
Dividend Growth
20.00%-33.33%--32.50%
Free Cash Flow
----691.74M2.44B
No. Analysts
-----1
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue20272028
High19.2B
Avg19.2B
Low19.2B

Revenue Growth

Revenue Growth20272028
High
20.8%
Avg
20.8%
Low
20.8%

EPS Forecast

EPS20272028
High36.80
Avg36.80
Low36.80

EPS Growth

EPS Growth20272028
High
56.1%
Avg
56.1%
Low
56.1%