MM Forgings Share Price

NSE: MMFL

₹ 551.85

+₹3.90 (0.71%)

Last updated 24 Jul, 2026, 15:49 IST

MM Forgings Share Price Today

As of 25 Jul 2026, MM Forgings share price is ₹551.85. The stock opened at ₹550.15, compared to its previous close of ₹547.95. During today's trading session, MM Forgings share price moved in the range of ₹538.00 to ₹554.90, with an average price of ₹546.45 for the day. Looking at its last 52-week, the stock has touched a low of ₹288.10 and a high of ₹564.00. On the performance front, MM Forgings share price has increased by 45.84% over the last six months and is up 51.11% on a year-on-year basis.

₹538.00

0.71% up today

₹554.90

1D LOW

1D HIGH

Latest Earning

Op Profit TrendUp by 39.09% QoQ

Latest Earning

Net Profit TrendUp by 154.64% QoQ

Latest Earning

Revenue TrendUp by 3.37% QoQ

Stock Performance

OutperformingBeat Nifty by 24.76 % in last 1 month

Shareholding Pattern

DIIDII decreased stake by 69.40%

Shareholding Pattern

FIIFII increased stake by 31.32%

MM Forgings Returns Calculator

If you would've invested

₹

₹1,000₹1Cr

Historical Returns

1 Year

₹7,65,501+₹2,65,501 (+53.10%)

3 Year

₹5,15,459+₹15,459 (+3.09%)

5 Year

₹7,21,750+₹2,21,750 (+44.35%)

₹441.50₹662.20

Circuit Low

Circuit High

₹288.10₹564.00

52-Week Low

52-Week High

Circuit

₹441.50

₹662.20

52-week

₹288.10

₹564.00

Mkt Cap Cr

2,647.52

P/E

18.06

P/B

1.83

ROE

10.01%

D/E

1.23

ROCE

8.72%

Div. Yield

1.08%

EPS(TTM)

23.58

Turnover

0.91

EV/EBITDA

9.43

Net Margin

7.37%

Op. Margin

19.44%

ROA

4.44%

Quick Ratio

0.00

Curr. Ratio

1.11

Mkt Cap Cr

2,647.52

P/E

18.06

P/B

1.83

ROE

10.01%

D/E

1.23

ROCE

8.72%

Div. Yield

1.08%

EPS(TTM)

23.58

Turnover

0.91

EV/EBITDA

9.43

Net Margin

7.37%

Op. Margin

19.44%

ROA

4.44%

Quick Ratio

0.00

Curr. Ratio

1.11

Based on fundamentals, this stock's

Performance

Excellent

M M Forgings outperforming all market indices

Valuation

Fairly Valued

M M Forgings appears to be fairly valued compared to its peers

Earnings

Good

M M Forgings revenue, operating profit and net profit are growing

Peer Comparison

Peer comparison — key ratios
Name	Mkt Cap Cr	P/E	P/B	ROE	D/E	ROCE	Book Value	Div. Yield	Turnover	EPS(TTM)
Bharat Forge	1,02,878.00	74.23	8.37	11.57%	0.38	11.67%	7.29	0.00%	0.66	17.12
AIA Engineering	42,785.50	33.72	5.33	15.83%	0.00	20.25%	840.42	0.35%	0.46	136.84
PTC Industries	26,757.10	261.79	17.64	6.74%	0.05	7.62%	909.91	0.00%	0.21	21.99
Cie Automotive India	15,893.40	21.54	2.51	11.41%	0.01	14.50%	142.66	1.52%	0.71	16.26
HAPPYFORGE	14,955.70	36.22	5.13	15.17%	0.14	18.19%	5.13	0.35%	0.71	31.99
Ramkrishna Forgings	10,554.00	98.70	3.14	2.46%	0.56	5.27%	183.63	0.17%	0.59	4.78
Kennametal India	5,175.22	44.19	8.01	17.66%	0.00	23.62%	364.99	1.45%	1.21	46.82
BALU FORGE INDUSTRIES LTD	5,235.03	20.32	3.30	16.24%	0.11	18.47%	112.84	0.00%	0.46	13.38
Electrosteel Castings	4,460.20	26.99	0.74	3.20%	0.21	4.97%	91.94	1.25%	0.74	2.12
STEELCAST LIMITED	3,098.24	26.32	5.79	24.10%	0.00	32.09%	5.79	0.76%	1.04	8.58

MM Forgings Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Revenue	₹1,589.87	₹1,525.18	₹1,563.07	₹1,461.88
Other Income	₹15.61	₹22.65	₹20.49	₹12.04
Total Revenue	₹1,605.49	₹1,547.83	₹1,583.55	₹1,473.92
Total Expenses	₹1,491.21	₹1,382.15	₹1,395.37	₹1,297.41
Profit Before Tax	₹114.82	₹165.74	₹189.49	₹176.96
Tax	₹16.15	₹42.52	₹54.45	₹49.01
Profit After Tax	₹98.67	₹123.22	₹135.04	₹127.95
EPS - Basic	₹20.44	₹25.52	₹55.94	₹53.00
EPS - Diluted	₹20.44	₹25.52	₹55.94	₹53.00

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Profit before tax	₹114.82	₹165.74	₹189.50	₹176.95
Income before WC changes	₹283.81	₹300.22	₹298.86	₹276.24
Change in Assets	-₹90.88	-₹56.55	-₹83.65	-₹131.42
Change in Liabilities	₹51.59	-₹2.99	-₹34.54	₹57.91
Change in WC	-₹39.30	-₹59.55	-₹118.19	-₹73.51
Cash flow from Operations	₹227.63	₹181.62	₹148.67	₹160.31
Cash flow from Investing	-₹182.02	-₹358.21	-₹232.12	-₹187.17
Cash flow from Financing	-₹38.11	₹184.72	₹77.07	₹16.49
Total Cash Flow	₹7.50	₹8.13	-₹6.39	-₹10.37
Cash (Start of the year)	₹217.94	₹209.80	₹216.19	₹226.01
Cash (End of the year)	₹225.44	₹217.94	₹209.80	₹215.65

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Non-Current Assets	₹1,476.54	₹1,404.65	₹1,101.85	₹920.52
Current Assets	₹1,019.75	₹945.12	₹867.16	₹740.32
Total Assets	₹2,496.29	₹2,349.77	₹1,969.01	₹1,660.83
Current Liabilities	₹874.45	₹786.47	₹743.14	₹620.51
Net Current Asset	₹145.29	₹158.65	₹124.02	₹119.81
Non-Current Liabilities	₹646.25	₹669.50	₹436.78	₹366.96
Equity Capital	₹975.58	₹893.80	₹789.09	₹673.37
Total Equity & Liabilities	₹2,496.29	₹2,349.77	₹1,969.01	₹1,660.83

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Revenue	₹1,545.16	₹1,476.96	₹1,527.08	₹1,412.78
Other Income	₹24.34	₹29.55	₹25.38	₹16.14
Total Revenue	₹1,569.50	₹1,506.51	₹1,552.46	₹1,428.92
Total Expenses	₹1,440.08	₹1,326.58	₹1,353.74	₹1,253.24
Profit Before Tax	₹129.97	₹179.98	₹199.43	₹175.94
Tax	₹16.11	₹43.68	₹53.96	₹49.55
Profit After Tax	₹113.86	₹136.30	₹145.46	₹126.40
EPS - Basic	₹23.58	₹28.23	₹60.26	₹52.36
EPS - Diluted	₹23.58	₹28.23	₹60.26	₹52.36

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Profit before tax	₹129.97	₹179.98	₹199.43	₹175.94
Income before WC changes	₹279.32	₹298.22	₹294.42	₹261.86
Change in Assets	-₹71.10	-₹73.58	-₹137.78	-₹157.95
Change in Liabilities	₹48.37	₹23.42	₹19.77	₹54.72
Change in WC	-₹22.73	-₹50.16	-₹118.00	-₹103.23
Cash flow from Operations	₹239.70	₹189.01	₹144.55	₹116.22
Cash flow from Investing	-₹156.52	-₹329.80	-₹201.28	-₹160.40
Cash flow from Financing	-₹77.15	₹148.84	₹63.07	₹21.44
Total Cash Flow	₹6.04	₹8.05	₹6.34	-₹22.75
Cash (Start of the year)	₹217.29	₹209.24	₹202.90	₹225.10
Cash (End of the year)	₹223.33	₹217.29	₹209.24	₹202.35

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
Particulars	Mar 2026	Mar 2025	Mar 2024	Mar 2023
Non-Current Assets	₹1,563.18	₹1,451.80	₹1,127.47	₹936.94
Current Assets	₹985.34	₹932.64	₹868.46	₹736.47
Total Assets	₹2,548.52	₹2,384.44	₹1,995.93	₹1,673.40
Current Liabilities	₹867.20	₹777.58	₹740.50	₹613.30
Net Current Asset	₹118.14	₹155.06	₹127.97	₹123.16
Non-Current Liabilities	₹650.23	₹672.75	₹439.11	₹369.92
Equity Capital	₹1,031.09	₹934.11	₹816.33	₹690.18
Total Equity & Liabilities	₹2,548.52	₹2,384.44	₹1,995.93	₹1,673.40

* All values are in INR Crore

Qty

Bid

551.85

Ask

Qty

Bid Total: 89

Ask Total: 0

Buy orders: 100%

Sell orders: 0%

30 levels of bid & ask depth

Supply & Demand Zones

Bearish

Neutral

Bullish

Neutral

by SEBI experts available for this stock

Earn more using advisory

by SEBI experts

Expert Pick

EXPPICK

Stop-loss

Entry price

Target

Indicator

Value

Verdict

RSI (14)

73.49

Bullish

ATR (14)

18.55

Neutral

STOCH(9,6)

77.05

Neutral

STOCH RSI (14)

69.09

Neutral

ADX(9)

61.7

Bearish

UO(9)

63.2

Neutral

ROC(12)

10.35

Bullish

WillR(14)

-15.64

Bearish

Period

Simple value

Exponential vaue

548.27

546.16

10D

534.63

535.51

20D

511.55

517.19

50D

476.86

489.81

100D

464.32

465.13

About MM Forgings

ISIN

INE227C01017

Sector Market Cap

₹ 2,647.52 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 ₹20.44 during Mar 2026.