M M Forgings Limited (NSE:MMFL)

M M Forgings Statistics

Total Valuation

M M Forgings has a market cap or net worth of INR 21.40 billion. The enterprise value is 31.51 billion.

Market Cap	21.40B
Enterprise Value	31.51B

Important Dates

The last earnings date was Wednesday, May 27, 2026.

Earnings Date	May 27, 2026
Ex-Dividend Date	Jun 12, 2026

Share Statistics

Current Share Class	48.28M
Shares Outstanding	n/a
Shares Change (YoY)	-0.58%
Shares Change (QoQ)	+0.09%
Owned by Insiders (%)	33.09%
Owned by Institutions (%)	11.60%
Float	18.79M

Valuation Ratios

The trailing PE ratio is 21.81 and the forward PE ratio is 14.23.

PE Ratio	21.81
Forward PE	14.23
PS Ratio	1.35
PB Ratio	2.19
P/TBV Ratio	2.19
P/FCF Ratio	53.07
P/OCF Ratio	9.32
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.25, with an EV/FCF ratio of 78.12.

EV / Earnings	32.11
EV / Sales	1.98
EV / EBITDA	11.25
EV / EBIT	17.81
EV / FCF	78.12

Financial Position

The company has a current ratio of 1.18, with a Debt / Equity ratio of 1.26.

Current Ratio	1.18
Quick Ratio	0.76
Debt / Equity	1.26
Debt / EBITDA	4.41
Debt / FCF	30.63
Interest Coverage	2.26

Financial Efficiency

Return on equity (ROE) is 10.50% and return on invested capital (ROIC) is 7.62%.

Return on Equity (ROE)	10.50%
Return on Assets (ROA)	4.54%
Return on Invested Capital (ROIC)	7.62%
Return on Capital Employed (ROCE)	10.89%
Weighted Average Cost of Capital (WACC)	7.88%
Revenue Per Employee	6.92M
Profits Per Employee	427,153
Employee Count	2,297
Asset Turnover	0.65
Inventory Turnover	2.55

Taxes

In the past 12 months, M M Forgings has paid 161.55 million in taxes.

Income Tax	161.55M
Effective Tax Rate	14.14%

Stock Price Statistics

The stock price has increased by +19.79% in the last 52 weeks. The beta is 0.92, so M M Forgings's price volatility has been similar to the market average.

Beta (5Y)	0.92
52-Week Price Change	+19.79%
50-Day Moving Average	453.55
200-Day Moving Average	384.35
Relative Strength Index (RSI)	39.95
Average Volume (20 Days)	103,893

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, M M Forgings had revenue of INR 15.90 billion and earned 981.17 million in profits. Earnings per share was 20.44.

Revenue	15.90B
Gross Profit	7.29B
Operating Income	1.77B
Pretax Income	1.14B
Net Income	981.17M
EBITDA	2.80B
EBIT	1.77B
Earnings Per Share (EPS)	20.44

Balance Sheet

The company has 2.25 billion in cash and 12.35 billion in debt, with a net cash position of -10.10 billion.

Cash & Cash Equivalents	2.25B
Total Debt	12.35B
Net Cash	-10.10B
Net Cash Per Share	n/a
Equity (Book Value)	9.78B
Book Value Per Share	202.38
Working Capital	1.58B

Cash Flow

In the last 12 months, operating cash flow was 2.30 billion and capital expenditures -1.89 billion, giving a free cash flow of 403.29 million.

Operating Cash Flow	2.30B
Capital Expenditures	-1.89B
Depreciation & Amortization	1.03B
Net Borrowing	568.00M
Free Cash Flow	403.29M
FCF Per Share	n/a

Margins

Gross margin is 45.86%, with operating and profit margins of 11.12% and 6.17%.

Gross Margin	45.86%
Operating Margin	11.12%
Pretax Margin	7.19%
Profit Margin	6.17%
EBITDA Margin	17.61%
EBIT Margin	11.12%
FCF Margin	2.54%

Dividends & Yields

This stock pays an annual dividend of 4.00, which amounts to a dividend yield of 0.90%.

Dividend Per Share	4.00
Dividend Yield	0.90%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	19.68%
Buyback Yield	0.58%
Shareholder Yield	1.48%
Earnings Yield	4.58%
FCF Yield	1.88%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on July 16, 2024. It was a forward split with a ratio of 2.

Last Split Date	Jul 16, 2024
Split Type	Forward
Split Ratio	2

Scores

Altman Z-Score	n/a
Piotroski F-Score	5