MM Forgings Share Price

NSE: MMFL
|
Forgings

₹ 537.00

-₹20.25 (-3.63%)
1D
Last updated 14 Oct, 2026, 15:29 IST

MM Forgings Share Price Today

As of 14 Oct 2026, MM Forgings share price is ₹537.00. The stock opened at ₹555.45, compared to its previous close of ₹557.25. During today's trading session, MM Forgings share price moved in the range of ₹537.00 to ₹555.45, with an average price of ₹546.23 for the day. Looking at its last 52-week, the stock has touched a low of ₹288.10 and a high of ₹687.95. On the performance front, MM Forgings share price has increased by 25.72% over the last six months and is up 83.37% on a year-on-year basis.

₹537.00
3.63% down today
₹555.45
1D LOW
1D HIGH

MM Forgings Returns Calculator

Volume
68,632
Average traded price
₹544.05
Last traded time
03:29:40 14 Oct
Last traded quantity
3
Circuit
L
H
₹445.80
₹668.70
52-week
L
H
₹288.10
₹687.95
Mkt Cap Cr
2,713.18
P/E
15.89
P/B
2.76
ROA
6.71%
ROE
10.09%
ROCE
9.35%
Quick Ratio
0.78
EV/EBITDA
10.28
Based on fundamentals, this stock's
Step 1 of 5
Performance
Very Poor
M M Forgings has not beaten FD return of 7%
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/BROAROEROCEQuick RatioEV/EBITDA
Bharat Forge88,693.72126.027.793.21%11.27%11.36%0.7536.0
PTC Industries40,394.80321.6412.216.42%6.74%7.62%2.29186.72
AIA Engineering34,971.8127.654.3614.81%15.83%20.25%15.7119.91
HAPPYFORGE18,589.9555.838.5912.44%14.17%16.78%1.8434.76
Cie Automotive India14,393.0121.542.518.0%11.41%14.5%1.0512.28
Ramkrishna Forgings12,851.65121.013.71.49%2.46%5.27%0.5621.56
Kennametal India5,175.2244.198.0114.11%17.66%23.62%1.2125.9
BALU FORGE INDUSTRIES LTD5,774.0122.053.7114.48%16.24%18.47%2.8916.83
Electrosteel Castings4,705.6239.040.791.28%3.2%4.97%0.9812.46
STEELCAST LIMITED3,653.3240.299.2519.71%21.99%29.55%4.2826.83

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

About MM Forgings

ISIN
INE227C01017
Sector Market Cap
₹ 2,713.18 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%
1 day
-0.77%
1 week
-3.78%
1 month
-11.79%
1 year
+83.37%
3 years
+25.97%
5 years
+27.22%
Day
Open / Close
Change %
13 Oct 26
₹560.10 / ₹557.25
-0.77%
12 Oct 26
₹552.20 / ₹561.60
+1.71%
09 Oct 26
₹550.00 / ₹552.15
-0.28%
08 Oct 26
₹569.00 / ₹553.70
-2.18%
Show more

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
538.8
352
0
0
0
0
0
0
0
0
Bid Total: 0
Ask Total: 352
Buy orders: 0%
Sell orders: 100%
Bearish
2
Neutral
4
Bullish
2
Neutral
by SEBI experts
Expert Pick
EXPPICK
Stop-loss
Entry price
Target
Indicator
Value
Verdict
RSI (14)
39.61
Neutral
ATR (14)
25.84
Neutral
STOCH(9,6)
17.35
Bullish
STOCH RSI (14)
34.18
Neutral
ADX(9)
29.61
Bearish
UO(9)
41.65
Neutral
ROC(12)
-9.06
Bearish
WillR(14)
-82.73
Bullish
Period
Simple value
Exponential vaue
5D
558.15
560.75
10D
570.55
570.3
20D
590.88
585.28
50D
613.11
588.55
100D
550.1
560.16
Volume trend — traded volume by day
14 Oct0L
13 Oct0L
12 Oct0L
9 Oct0L
8 Oct0L
7 Oct0L
Average0L

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

Compare against other stocks
MM Forgings
Forgings
Add Stock
Add Another

MM Forgings Share Price FAQs

Disclaimer: The information on this page, including prices, charts, financials, ratios, and other data, is provided for informational and educational purposes only. It is not investment advice, a research report, or a recommendation or solicitation to buy, sell, or hold any security. Data is sourced from third parties and exchanges, may be delayed, and is not guaranteed to be accurate, complete, or timely. Upstox is not liable for any loss arising from its use.