MM Forgings Share Price

MM Forgings Share Price

NSE: MMFL
|
Forgings
|
S Cap
₹ 641.80
-₹6.25 (-0.96%)
1D
Last updated 03 Sep, 2026, 15:57 IST

MM Forgings Share Price Today

As of 4 Sep 2026, MM Forgings share price is ₹641.80. The stock opened at ₹652.90, compared to its previous close of ₹648.05. During today's trading session, MM Forgings share price moved in the range of ₹637.20 to ₹660.95, with an average price of ₹649.08 for the day. Looking at its last 52-week, the stock has touched a low of ₹288.10 and a high of ₹687.95.

₹637.20
0.96% down today
₹660.95
1D LOW
1D HIGH

MM Forgings Returns Calculator

Circuit
L
H
₹513.45
₹770.15
52-week
L
H
₹288.10
₹687.95

About MM Forgings

MM Forgings Share Price
ISIN
INE227C01017
Sector Market Cap
₹ 3,118.03 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 ₹426.76 crore in Jun 2026, compared with ₹430.32 crore in Mar 2026, representing a decrease of 0.83% on a quarter-on-quarter (QoQ) basis.
  • MM Forgings reported an operating profit of ₹35.07 crore in Jun 2026, compared with ₹35.44 crore in Mar 2026, representing a decrease of 1.04% on a quarter-on-quarter (QoQ) basis.
  • MM Forgings reported a profit of ₹90.42 crore in Jun 2026, compared with ₹44.74 crore in Mar 2026, reflecting an increase of 102.10% on a QoQ basis.
  • The earnings per share (EPS) of MM Forgings stood at ₹20.44 during Jun 2026.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.

Know more
Promoters
56.34%
FII
2.44%
Other DII
0.36%
Retail and other
33.73%
Mutual funds
7.13%
Foreign Institutional Investor (FII)
FII shareholding by period
Sep 20251.76%
Dec 20251.74%
Mar 20261.86%
Jun 20262.44%
Mkt Cap Cr
3,118.03
P/E
18.31
P/B
3.18
ROE
10.09%
D/E
1.04
ROCE
9.35%
Div. Yield
0.62%
EPS(TTM)
23.58
Turnover
0.63
EV/EBITDA
11.43
Net Margin
7.37%
Op. Margin
19.44%
ROA
6.71%
Quick Ratio
0.77
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 3 of 5
Earnings
Neutral
M M Forgings earnings growth is positive
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROED/EROCEBook ValueDiv. YieldTurnoverEPS(TTM)
Bharat Forge96,767.50132.739.9211.27%0.3711.36%229.810.43%0.4917.12
AIA Engineering38,799.3031.464.9615.83%0.0020.25%840.420.38%0.46136.84
PTC Industries35,751.80284.6623.726.74%0.057.62%909.910.00%0.2321.99
HAPPYFORGE22,145.0066.0110.1614.17%0.1516.78%225.500.17%0.6231.99
Cie Automotive India14,607.3021.542.5111.41%0.0114.50%142.661.52%0.7116.26
Ramkrishna Forgings13,216.40123.764.022.46%0.565.27%179.920.14%0.614.78
Kennametal India5,175.2244.198.0117.66%0.0023.62%364.991.12%1.3289.18
BALU FORGE INDUSTRIES LTD7,020.7025.834.3416.24%0.1118.47%112.840.00%0.4213.38
Electrosteel Castings5,258.2843.020.883.20%0.214.97%91.941.07%0.552.12
STEELCAST LIMITED3,328.4735.548.1621.99%0.0029.55%39.030.54%0.968.58

Auto-generated based on historical fundamentals; not a recommendation to buy/sell.

MM Forgings Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 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
ParticularsMar 2026Mar 2025Mar 2024Mar 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
ParticularsMar 2026Mar 2025Mar 2024Mar 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
ParticularsMar 2026Mar 2025Mar 2024Mar 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
ParticularsMar 2026Mar 2025Mar 2024Mar 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
ParticularsMar 2026Mar 2025Mar 2024Mar 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
0
0
0
0
0
0
0
0
0
0
Ask
Qty
641.8
18
0
0
0
0
0
0
0
0
Bid Total: 0
Ask Total: 18
Buy orders: 0%
Sell orders: 100%
Bearish
2
Neutral
5
Bullish
1
Slightly Bearish
by SEBI experts
Expert Pick
EXPPICK
Stop-loss
Entry price
Target
Indicator
Value
Verdict
RSI (14)
57.27
Neutral
ATR (14)
33.63
Neutral
STOCH(9,6)
45.15
Neutral
STOCH RSI (14)
9.08
Bullish
ADX(9)
26.48
Bearish
UO(9)
53.03
Neutral
ROC(12)
-5.65
Bearish
WillR(14)
-36.95
Neutral
Period
Simple value
Exponential vaue
5D
647.82
645.05
10D
641.18
641.77
20D
639.99
628.46
50D
570.33
582.36
100D
517.81
534.75
Volume trend — traded volume by day
3 Sep0L
2 Sep1L
1 Sep1L
31 Aug1L
28 Aug1L
Average1L

Technical indicators used here are for indicative purposes only. Kindly do not treat it as an investment or trading advice

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MM Forgings share price data is sourced from NSE/BSE and may be delayed. It is displayed for informational purposes only and does not constitute investment advice or a recommendation to buy or sell.

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