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 29.66% higher than the current stock price, while the lowest is ₹514.00 (+18.16%) and the highest is ₹600.00 (+37.93%).

Price Target: ₹564.00 (+29.66%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	₹514.00	₹564.00	₹578.00	₹600.00
Change	+18.16%	+29.66%	+32.87%	+37.93%

* Price targets were last updated on Feb 18, 2026.

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

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	2	3	3	3	3
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Anand Rathi No rating	Anand Rathi	Buy Maintains ₹600.00	Buy	Maintains	₹600.00	+37.93%	Feb 18, 2026

Financial Forecast

Revenue This Year

18.20B

from 15.90B

14.47%

from 15.90B

Revenue Next Year

20.61B

from 18.20B

13.26%

from 18.20B

EPS This Year

30.00

from 23.58

27.23%

from 23.58

EPS Next Year

39.30

from 30.00

31.00%

from 30.00

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	11.40B	14.62B	15.63B	15.25B	15.90B	18.20B
Revenue Growth	51.53%	28.28%	6.92%	-2.42%	4.24%	14.47%
Gross Profit	6.05B	7.46B	8.12B	8.26B	7.29B	9.61B
Gross Margin	53.12%	51.01%	51.95%	54.13%	45.86%	52.80%
Operating Income	1.41B	1.94B	2.10B	2.03B	1.77B	2.75B
Net Income	909.95M	1.28B	1.35B	1.22B	981.17M	1.45B
EPS	-	-	-	-	23.58	30.00
EPS Growth	-	-	-	-	-16.47%	27.23%
Forward PE	-	-	-	-	-	14.50
Dividend / Share	3.00	3.00	4.00	4.00	4.00	5.10
Dividend Growth	-	-	33.33%	-	-	27.50%
Free Cash Flow	-254.30M	-877.63M	-1.99B	-2.83B	-748.13M	3.01B
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028
High	18.2B
Avg	18.2B
Low	18.2B

Revenue Growth

Revenue Growth	2027	2028
High	14.5%
Avg	14.5%
Low	14.5%

EPS Forecast

EPS	2027	2028
High	-
Avg	30.00
Low	-

EPS Growth

EPS Growth	2027	2028
High	-
Avg	27.2%
Low	-