M M Forgings Limited (NSE:MMFL)
India flag India · Delayed Price · Currency is INR
670.60
+13.15 (2.00%)
Sep 2, 2026, 10:20 AM IST

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 ₹734.67. The average 1-year stock price forecast is 9.55% higher than the current stock price, while the lowest is ₹514.00 (-23.35%) and the highest is ₹850.00 (+26.75%).

Price Target: ₹734.67 (+9.55%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹514.00₹734.67₹840.00₹850.00
Change-23.35%+9.55%+25.26%+26.75%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy333333
Buy000000
Hold000000
Sell000000
Strong Sell000000
Total333333

Financial Forecast

Revenue This Year
18.27B
from 15.90B
Increased by 14.92%
Revenue Next Year
21.11B
from 18.27B
Increased by 15.54%
EPS This Year
32.25
from 23.58
Increased by 36.77%
EPS Next Year
41.25
from 32.25
Increased by 27.91%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
11.40B14.62B15.63B15.25B15.90B18.27B
Revenue Growth
51.53%28.28%6.92%-2.42%4.24%14.92%
Gross Profit
6.05B7.46B8.12B8.26B8.49B10.05B
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
909.95M1.28B1.35B1.23B986.66M1.84B
EPS
----23.5832.25
EPS Growth
-----16.47%36.77%
Forward PE
-----20.79
Dividend / Share
3.003.004.004.004.005.30
Dividend Growth
20.00%-33.33%--32.50%
Free Cash Flow
-254.30M-877.63M-1.99B-2.84B-619.87M4.53B
No. Analysts
-----2
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue20272028
High18.3B
Avg18.3B
Low18.2B

Revenue Growth

Revenue Growth20272028
High
15.4%
Avg
14.9%
Low
14.5%

EPS Forecast

EPS20272028
High33.50
Avg32.25
Low31.00

EPS Growth

EPS Growth20272028
High
42.1%
Avg
36.8%
Low
31.5%