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MM Forgings Share Price

NSE: MMFL
|
Forgings
₹ 502.10
+₹15.90 (3.27%)
1D
Last updated 03 Jul, 2026, 15:59 IST

MM Forgings Share Price Today

As of 5 Jul 2026, MM Forgings share price is ₹502.10. The stock opened at ₹492.00, compared to its previous close of ₹486.20. During today's trading session, MM Forgings share price moved in the range of ₹492.00 to ₹508.80, with an average price of ₹500.40 for the day. Looking at its last 52-week, the stock has touched a low of ₹288.10 and a high of ₹526.95. On the performance front, MM Forgings share price has increased by 27.29% over the last six months and is up 32.48% on a year-on-year basis.


₹492.00
3.27% up today
₹508.80
1D LOW
1D HIGH

MM Forgings Returns Calculator

Open
₹492.00
High
₹508.80
Low
₹492.00
Prev. close
₹486.20

Circuit
L
H
₹401.70
₹602.50
52-week
L
H
₹288.10
₹526.95

MM Forgings Shareholder Returns

MM Forgings Share Price History

Mkt Cap Cr
2,341.66

P/E
23.73

P/B
2.39

ROE
10.09%

D/E
1.04

ROCE
9.35%

Div. Yield
0.82%

EPS(TTM)
23.58
Turnover
0.91

EV/EBITDA
10.42

Net Margin
0.00%

Op. Margin
0.00%

ROA
3.88%

Quick Ratio
0.00

Curr. Ratio
2.56
Based on fundamentals, this stock's
Step 5 of 5
Performance
Excellent
M M Forgings outperforming all market indices
Step 3 of 5
Valuation
Fairly Valued
M M Forgings appears to be fairly valued compared to its peers
Step 4 of 5
Earnings
Good
M M Forgings revenue, operating profit and net profit are growing
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROED/EROCEBook ValueDiv. YieldTurnoverEPS(TTM)
Bharat Forge1,02,698.0094.2610.7211.27%0.3711.36%229.840.40%0.6617.12
AIA Engineering44,776.1035.295.5815.83%0.0020.25%840.420.33%0.46136.84
PTC Industries26,229.10258.2617.406.74%0.057.62%909.910.00%0.2121.99
Cie Automotive India17,981.8021.542.5111.41%0.0114.50%142.661.52%0.7116.26
HAPPYFORGE14,566.9048.296.8414.17%0.1516.78%225.500.26%0.7131.99
Ramkrishna Forgings10,485.70146.093.122.46%0.565.27%183.630.17%0.834.78
Kennametal India5,175.2244.198.0117.66%0.0023.62%364.991.45%1.2146.82
BALU FORGE INDUSTRIES LTD5,704.8122.033.5816.24%0.1118.47%112.840.00%0.4613.38
Electrosteel Castings4,837.9129.980.823.20%0.214.97%91.941.15%0.742.12
STEELCAST LIMITED3,045.6135.087.7121.99%0.0029.55%39.030.57%1.048.58

MM Forgings Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Revenue₹1,525.18₹1,563.07₹1,461.88₹1,139.63
Other Income₹22.65₹20.49₹12.04₹14.23
Total Revenue₹1,547.83₹1,583.55₹1,473.92₹1,153.86
Total Expenses₹1,382.15₹1,395.37₹1,297.41₹1,026.48
Profit Before Tax₹165.73₹189.49₹176.96₹128.86
Tax₹43.87₹54.45₹49.01₹37.86
Profit After Tax₹121.86₹135.04₹127.95₹91.00
EPS - Basic₹25.24₹55.94₹53.00₹37.69
EPS - Diluted₹25.24₹55.94₹53.00₹37.69

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Profit before tax₹165.74₹189.50₹176.95₹128.86
Income before WC changes₹300.22₹298.86₹276.24₹213.98
Change in Assets-₹56.55-₹83.65-₹131.42-₹52.89
Change in Liabilities-₹2.99-₹34.54₹57.91₹16.06
Change in WC-₹59.55-₹118.19-₹73.51-₹36.83
Cash flow from Operations₹181.62₹148.67₹160.31₹150.43
Cash flow from Investing-₹358.21-₹232.12-₹187.17-₹125.55
Cash flow from Financing₹184.72₹77.07₹16.49₹14.12
Total Cash Flow₹8.13-₹6.39-₹10.37₹38.99
Cash (Start of the year)₹209.80₹216.19₹226.01₹187.03
Cash (End of the year)₹217.94₹209.80₹215.65₹226.01

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Non-Current Assets₹1,404.65₹1,101.85₹920.52₹795.44
Current Assets₹944.32₹867.16₹740.32₹618.79
Total Assets₹2,348.97₹1,969.01₹1,660.83₹1,414.23
Current Liabilities₹786.47₹743.14₹620.51₹469.43
Net Current Asset₹157.85₹124.02₹119.81₹149.36
Non-Current Liabilities₹670.85₹436.78₹366.96₹385.25
Equity Capital₹891.64₹789.09₹673.37₹559.55
Total Equity & Liabilities₹2,348.97₹1,969.01₹1,660.83₹1,414.23

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Revenue₹1,476.96₹1,527.08₹1,412.78₹1,104.64
Other Income₹29.55₹25.38₹16.14₹18.57
Total Revenue₹1,506.51₹1,552.46₹1,428.92₹1,123.22
Total Expenses₹1,326.58₹1,353.74₹1,253.24₹990.32
Profit Before Tax₹179.98₹199.43₹175.94₹132.90
Tax₹43.68₹53.96₹49.55₹41.14
Profit After Tax₹136.30₹145.46₹126.40₹91.76
EPS - Basic₹28.23₹60.26₹52.36₹38.01
EPS - Diluted₹28.23₹60.26₹52.36₹38.01

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Profit before tax₹179.98₹199.43₹175.94₹132.90
Income before WC changes₹298.22₹294.42₹261.86₹207.00
Change in Assets-₹73.58-₹137.78-₹157.95-₹58.43
Change in Liabilities₹23.42₹19.77₹54.72₹25.55
Change in WC-₹50.16-₹118.00-₹103.23-₹32.88
Cash flow from Operations₹189.01₹144.55₹116.22₹147.28
Cash flow from Investing-₹329.80-₹201.28-₹160.40-₹126.01
Cash flow from Financing₹148.84₹63.07₹21.44₹16.71
Total Cash Flow₹8.05₹6.34-₹22.75₹37.98
Cash (Start of the year)₹209.24₹202.90₹225.10₹186.02
Cash (End of the year)₹217.29₹209.24₹202.35₹224.01

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2025Mar 2024Mar 2023Mar 2022
Non-Current Assets₹1,451.80₹1,127.47₹936.94₹824.53
Current Assets₹931.84₹868.46₹736.47₹614.62
Total Assets₹2,383.64₹1,995.93₹1,673.40₹1,439.14
Current Liabilities₹777.58₹740.50₹613.30₹473.66
Net Current Asset₹154.26₹127.97₹123.16₹140.96
Non-Current Liabilities₹672.75₹439.11₹369.92₹387.85
Equity Capital₹933.31₹816.33₹690.18₹577.64
Total Equity & Liabilities₹2,383.64₹1,995.93₹1,673.40₹1,439.14
* All values are in INR Crore
Qty
Bid
447
502.1
0
0
0
0
0
0
0
0
Ask
Qty
0
0
0
0
0
0
0
0
0
0
Bid Total: 447
Ask Total: 0
Buy orders: 100%
Sell orders: 0%
Bearish
4
Neutral
3
Bullish
1
Slightly Bearish
by SEBI experts
Expert Pick
EXPPICK
Stop-loss
Entry price
Target
Indicator
Value
Verdict

RSI (14)
67.35
Neutral

ATR (14)
19.73
Neutral

STOCH(9,6)
87.93
Bearish

STOCH RSI (14)
100
Bearish

ADX(9)
20.82
Bearish

UO(9)
54.13
Neutral

ROC(12)
6.47
Bullish

WillR(14)
-12.07
Bearish
Period
Simple value
Exponential vaue

5D
472.26
478.83

10D
463.27
469.68

20D
460.25
463.8

50D
465.65
458.5

100D
454.87
443.86

About MM Forgings

MM Forgings logo
ISIN
INE227C01017
Sector Market Cap
₹ 2,341.66 Cr

MM Forgings Limited is engaged in the manufacture of steel forgings. The Company’s product categories include Passenger Cars, Commercial Vehicles, Agricultural, Off-Highway, and High Pressure Values. The Passenger Cars category includes products, such as sprocket, flange housing, connecting rod, rail forging, hub, and knuckle. The Commercial Vehicles category includes products, such as front axle beam, universal joint cross, steering arm, planetary wheel carrier, pivot arm, upper arm shaft, shifter fork, and rear axle spindle. The Agricultural category includes products such as yoke shaft, double yoke, crankshaft-single-cylinder, crankshaft-three-cylinder, crankshaft-six-cylinder, and crankshaft-two-cylinder. The Off Highway category includes products, such as link, lever, fit yoke, and yoke. The High Pressure Values category includes products, such as the body and bonnet. The Company has its machining plant in Kursi Road, Barabanki, situated in the state of Uttar Pradesh.

MM Forgings Financial Highlights

  • Revenue: MM Forgings reported revenue of ₹1,605.48 crore in FY26 vs ₹1,547.83 crore in FY25. It showed an increase of 3.72% on a yearly basis.
  • Operating Profit: MM Forgings reported an operating profit of ₹114.27 crore in FY26 vs ₹165.68 crore in FY25. It showed a decrease of 31.03% on a year-on-year basis.
  • Net Profit: MM Forgings reported a net profit of ₹98.67 crore in FY26 vs ₹121.86 crore in FY25. It showed a decrease of 19.03% on a yearly basis.

MM Forgings Quarterly Result Highlights

  • MM Forgings reported revenue of ₹430.32 crore in Mar 2026, compared with ₹416.28 crore in Dec 2025, representing an increase of 3.37% on a quarter-on-quarter (QoQ) basis.
  • MM Forgings reported an operating profit of ₹35.44 crore in Mar 2026, compared with ₹25.48 crore in Dec 2025, representing an increase of 39.09% on a quarter-on-quarter (QoQ) basis.
  • MM Forgings reported a profit of ₹44.74 crore in Mar 2026, compared with ₹17.57 crore in Dec 2025, reflecting an increase of 154.64% on a QoQ basis.
  • The earnings per share (EPS) of MM Forgings stood at ₹25.24 during Mar 2026.
Know more
Promoters
56.34%
FII
1.86%
Other DII
1.18%
Retail and other
33.44%
Mutual funds
7.20%
Foreign institutions - FII
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