View ValuationM M Forgings 将来の成長Future 基準チェック /46M M Forgings利益と収益がそれぞれ年間31.8%と12.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に15% 31.5%なると予測されています。主要情報31.8%収益成長率31.50%EPS成長率Metals and Mining 収益成長16.9%収益成長率12.9%将来の株主資本利益率14.95%アナリストカバレッジLow最終更新日02 Jun 2026今後の成長に関する最新情報Price Target Changed • Feb 18Price target increased by 29% to ₹589Up from ₹458, the current price target is an average from 2 analysts. New target price is 25% above last closing price of ₹472. Stock is up 28% over the past year. The company is forecast to post earnings per share of ₹20.35 for next year compared to ₹25.24 last year.Price Target Changed • Jun 18Price target decreased by 21% to ₹530Down from ₹669, the current price target is an average from 2 analysts. New target price is 47% above last closing price of ₹361. Stock is down 42% over the past year. The company is forecast to post earnings per share of ₹29.30 for next year compared to ₹25.24 last year.Price Target Changed • Apr 04Price target increased by 9.2% to ₹1,195Up from ₹1,094, the current price target is an average from 2 analysts. New target price is 36% above last closing price of ₹878. Stock is up 5.9% over the past year. The company is forecast to post earnings per share of ₹61.55 for next year compared to ₹53.00 last year.Price Target Changed • Apr 27Price target increased to ₹1,081Up from ₹982, the current price target is provided by 1 analyst. New target price is 29% above last closing price of ₹839. Stock is up 81% over the past year. The company posted earnings per share of ₹19.35 last year.Price Target Changed • Mar 23Price target increased to ₹1,081Up from ₹982, the current price target is provided by 1 analyst. New target price is 26% above last closing price of ₹860. Stock is up 78% over the past year. The company posted earnings per share of ₹19.35 last year.Price Target Changed • Nov 26Price target increased to ₹982Up from ₹896, the current price target is provided by 1 analyst. New target price is 19% above last closing price of ₹823. Stock is up 119% over the past year. The company posted earnings per share of ₹19.35 last year.すべての更新を表示Recent updatesUpcoming Dividend • Jun 05Upcoming dividend of ₹4.00 per shareEligible shareholders must have bought the stock before 12 June 2026. Payment date: 24 June 2026. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.6%).Reported Earnings • May 28Full year 2026 earnings released: EPS: ₹20.44 (vs ₹25.24 in FY 2025)Full year 2026 results: EPS: ₹20.44 (down from ₹25.24 in FY 2025). Revenue: ₹16.1b (up 5.3% from FY 2025). Net income: ₹981.2m (down 20% from FY 2025). Profit margin: 6.1% (down from 8.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • May 24M M Forgings Limited to Report Q4, 2026 Results on May 27, 2026M M Forgings Limited announced that they will report Q4, 2026 results on May 27, 2026Buy Or Sell Opportunity • May 15Now 20% overvaluedOver the last 90 days, the stock has fallen 4.1% to ₹446. The fair value is estimated to be ₹371, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.3%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 106% in the next 2 years.Buy Or Sell Opportunity • Apr 08Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 9.6% to ₹436. The fair value is estimated to be ₹360, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.3%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 106% in the next 2 years.New Risk • Feb 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (5.7% net profit margin).Price Target Changed • Feb 18Price target increased by 29% to ₹589Up from ₹458, the current price target is an average from 2 analysts. New target price is 25% above last closing price of ₹472. Stock is up 28% over the past year. The company is forecast to post earnings per share of ₹20.35 for next year compared to ₹25.24 last year.New Risk • Feb 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 8.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.7% net profit margin).Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: ₹3.64 (vs ₹5.50 in 3Q 2025)Third quarter 2026 results: EPS: ₹3.64 (down from ₹5.50 in 3Q 2025). Revenue: ₹4.17b (up 11% from 3Q 2025). Net income: ₹175.7m (down 34% from 3Q 2025). Profit margin: 4.2% (down from 7.1% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Feb 04M M Forgings Limited to Report Q3, 2026 Results on Feb 13, 2026M M Forgings Limited announced that they will report Q3, 2026 results on Feb 13, 2026Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₹433, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 5.6% over the past three years.分析記事 • Jan 03M M Forgings (NSE:MMFL) Has A Somewhat Strained Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Nov 17Second quarter 2026 earnings released: EPS: ₹3.43 (vs ₹6.61 in 2Q 2025)Second quarter 2026 results: EPS: ₹3.43 (down from ₹6.61 in 2Q 2025). Revenue: ₹3.89b (down 2.4% from 2Q 2025). Net income: ₹165.7m (down 48% from 2Q 2025). Profit margin: 4.3% (down from 8.0% in 2Q 2025). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.お知らせ • Nov 04M M Forgings Limited to Report Q2, 2026 Results on Nov 14, 2025M M Forgings Limited announced that they will report Q2, 2026 results on Nov 14, 2025Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: ₹3.97 (vs ₹6.24 in 1Q 2025)First quarter 2026 results: EPS: ₹3.97 (down from ₹6.24 in 1Q 2025). Revenue: ₹3.69b (down 3.3% from 1Q 2025). Net income: ₹191.9m (down 36% from 1Q 2025). Profit margin: 5.2% (down from 7.9% in 1Q 2025). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.お知らせ • Aug 01M M Forgings Limited to Report Q1, 2026 Results on Aug 06, 2025M M Forgings Limited announced that they will report Q1, 2026 results on Aug 06, 2025分析記事 • Jul 31It's Unlikely That M M Forgings Limited's (NSE:MMFL) CEO Will See A Huge Pay Rise This YearKey Insights M M Forgings' Annual General Meeting to take place on 6th of August Salary of ₹31.8m is part of CEO...Upcoming Dividend • Jul 23Upcoming dividend of ₹4.00 per shareEligible shareholders must have bought the stock before 30 July 2025. Payment date: 29 August 2025. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (2.7%).Price Target Changed • Jun 18Price target decreased by 21% to ₹530Down from ₹669, the current price target is an average from 2 analysts. New target price is 47% above last closing price of ₹361. Stock is down 42% over the past year. The company is forecast to post earnings per share of ₹29.30 for next year compared to ₹25.24 last year.分析記事 • Jun 01M M Forgings' (NSE:MMFL) Weak Earnings May Only Reveal A Part Of The Whole PictureM M Forgings Limited's ( NSE:MMFL ) recent weak earnings report didn't cause a big stock movement. We think that...Reported Earnings • May 28Full year 2025 earnings released: EPS: ₹25.24 (vs ₹27.97 in FY 2024)Full year 2025 results: EPS: ₹25.24 (down from ₹27.97 in FY 2024). Revenue: ₹15.5b (down 1.0% from FY 2024). Net income: ₹1.22b (down 9.8% from FY 2024). Profit margin: 7.9% (down from 8.6% in FY 2024). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • May 26M M Forgings Limited, Annual General Meeting, Aug 06, 2025M M Forgings Limited, Annual General Meeting, Aug 06, 2025, at 16:30 Indian Standard Time.お知らせ • May 16M M Forgings Limited to Report Q4, 2025 Results on May 24, 2025M M Forgings Limited announced that they will report Q4, 2025 results on May 24, 2025お知らせ • Mar 21M M Forgings Limited Announces Shyamala S Unable to Accept the Position of Independent DirectorM M Forgings Limited announced with reference to the intimation dated 3 February 2025, wherein it was informed that the Board of Directors of the Company had, inter alia, approved the appointment of Smt. Shyamala S (DIN: 10895827) as a Non-Executive Independent Director, for a period of five years, effective 31 March 2025. Further, vide the letter dated 3 February 2025, the Company had informed about the approval of Notice of Postal Ballot dated 3 February 2025, to be issued to the shareholders of the Company seeking their consent for the aforesaid appointment of Smt. Shyamala S. The company further informed that Smt. Shyamala S has communicated to the Board of Directors of the Company that she will be unable to accept the position of Independent Director due to her organization not granting approval for this appointment, effective 31 March 2025. The Board of Directors of the Company took note of the same through a circular resolution. Smt. Shyamala has also confirmed that there are no additional significant reasons for her above decision.分析記事 • Mar 07M M Forgings (NSE:MMFL) Is Experiencing Growth In Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Reported Earnings • Feb 04Third quarter 2025 earnings released: EPS: ₹5.50 (vs ₹6.95 in 3Q 2024)Third quarter 2025 results: EPS: ₹5.50 (down from ₹6.95 in 3Q 2024). Revenue: ₹3.78b (down 5.3% from 3Q 2024). Net income: ₹265.1m (down 21% from 3Q 2024). Profit margin: 7.0% (down from 8.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year.お知らせ • Feb 03M M Forgings Limited Announces Cessation of Kavitha Vijay as Non-Executive Independent Director, Effective March 31, 2025M M Forgings Limited announced that the tenure of Smt. Kavitha Vijay (DIN: 01047261), as a Non-Executive Independent Director of the Company, concludes on 31 March 2025. Consequent to completion of tenure, Smt. Kavitha Vijay ceases to be a Director of the Company, effective 31 March 2025.分析記事 • Jan 18Cautious Investors Not Rewarding M M Forgings Limited's (NSE:MMFL) Performance CompletelyM M Forgings Limited's ( NSE:MMFL ) price-to-earnings (or "P/E") ratio of 16.9x might make it look like a buy right now...分析記事 • Nov 03M M Forgings' (NSE:MMFL) Shareholders May Want To Dig Deeper Than Statutory ProfitM M Forgings Limited's ( NSE:MMFL ) healthy profit numbers didn't contain any surprises for investors. We think this is...Reported Earnings • Oct 27Second quarter 2025 earnings released: EPS: ₹6.61 (vs ₹7.35 in 2Q 2024)Second quarter 2025 results: EPS: ₹6.61 (down from ₹7.35 in 2Q 2024). Revenue: ₹4.05b (up 2.2% from 2Q 2024). Net income: ₹319.1m (down 10.0% from 2Q 2024). Profit margin: 7.9% (down from 8.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year.お知らせ • Oct 21M M Forgings Limited to Report Q2, 2025 Results on Oct 26, 2024M M Forgings Limited announced that they will report Q2, 2025 results on Oct 26, 2024Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: ₹12.47 (vs ₹6.01 in 1Q 2024)First quarter 2025 results: EPS: ₹12.47 (up from ₹6.01 in 1Q 2024). Revenue: ₹3.88b (up 4.7% from 1Q 2024). Net income: ₹301.1m (up 3.8% from 1Q 2024). Profit margin: 7.8% (in line with 1Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year.お知らせ • Aug 05M M Forgings Limited to Report Q1, 2025 Results on Aug 12, 2024M M Forgings Limited announced that they will report Q1, 2025 results on Aug 12, 2024Reported Earnings • Jun 18Full year 2024 earnings released: EPS: ₹55.94 (vs ₹53.00 in FY 2023)Full year 2024 results: EPS: ₹55.94 (up from ₹53.00 in FY 2023). Revenue: ₹15.6b (up 6.9% from FY 2023). Net income: ₹1.35b (up 5.5% from FY 2023). Profit margin: 8.6% (down from 8.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 21% per year.Upcoming Dividend • Jun 07Upcoming dividend of ₹8.00 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 21 June 2024. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (3.1%).Reported Earnings • Jun 04Full year 2024 earnings released: EPS: ₹56.20 (vs ₹53.00 in FY 2023)Full year 2024 results: EPS: ₹56.20 (up from ₹53.00 in FY 2023). Revenue: ₹15.6b (up 6.9% from FY 2023). Net income: ₹1.33b (up 4.3% from FY 2023). Profit margin: 8.5% (down from 8.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 26% per year.Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹1,043, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 106% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹2,055 per share.分析記事 • Jun 02M M Forgings (NSE:MMFL) Will Pay A Larger Dividend Than Last Year At ₹8.00The board of M M Forgings Limited ( NSE:MMFL ) has announced that it will be increasing its dividend by 33% on the 21st...Declared Dividend • Jun 01Dividend increased to ₹8.00Dividend of ₹8.00 is 33% higher than last year. Ex-date: 7th June 2024 Payment date: 21st June 2024 Dividend yield will be 0.7%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (11% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 31M M Forgings Limited, Annual General Meeting, Jul 08, 2024M M Forgings Limited, Annual General Meeting, Jul 08, 2024, at 15:00 Indian Standard Time.お知らせ • May 30+ 1 more updateM M Forgings Limited Announces Board ChangesConsequent to induction of new Directors, the Board of Directors of M M Forgings Limited in their meeting held on May 29, 2024, had approved the reconstitution of the following Committee of the Board effective 29 May 2024. Shri. Hari Sankaran, Non-Executive Independent Director was inducted as a Member of the Audit Committee. The Reconstituted Committee, effective 29 May 2024 shall be as follows: Audit Committee: Shri. Shankar Athreya-Chairman, Shri. Vidyashankar Krishnan-Member, Smt. Kavitha Vijay-Member, Smt. Sumita Vidyashankar-Member, Shri. Subramaniam Radhakrishnan-Member, Shri. S. Krishnakumar-Member, Shri. Hari Sankaran-Member. Nomination and Remuneration Committee (NRC): Smt. Kavitha Vijay, existing Member was appointed as a Chairman of the Committee. Shri. Hari Sankaran, Non-Executive Independent Director was inducted as a Member of the NRC. Shri. Shankar Athreya continues to be the Member of the Committee. The Reconstituted NRC, effective 29 May 2024 shall be as follows: Smt. Kavitha Vijay-Chairman, Shri. Shankar Athreya-Member, Smt. Sumita Vidyashankar-Member, Shri. Subramaniam Radhakrishnan-Member, Shri. S. Krishnakumar-Member, Shri. Hari Sankaran-Member. Risk Management Committee (RMC): Shri. Hari Sankaran, Shri Subramanian Radhakrishnan and Shri. S. Krishnakumar was appointed as a Member of the Committee. The Reconstituted RMC, effective 29 May 2024 shall be as follows: Shri. Vidyashankar Krishnan-Chairman, Shri. K. Venkatramanan-Member, Smt. Sumita Vidyashankar-Member, Smt. Kavitha Vijay-Member, Shri. Shankar Athreya-Member, Shri. Ramnath Nagarajan-Member, Shri. Krishnakumar Raman-Member, Shri. Hari Sankaran-Member, Shri. Subramanian Radhakrishnan-Member, Shri. S. Krishnakumar-Member. CSR Committee: Smt. Kavitha Vijay and Shri. S. Krishnakumar was inducted as a Member of the CSR Committee, effective 29 May 2024. The Reconstituted CSR Committee, effective 29 May 2024 shall be as follows: Shri. Vidyashankar Krishnan-Chairman, Shri. K. Venkatramanan- Member, Smt. Sumita Vidyashankar-Member, Shri. Shankar Athreya-Member, Smt. Kavitha Vijay- Member, Shri. S. Krishnakumar-Member.分析記事 • May 28The Return Trends At M M Forgings (NSE:MMFL) Look PromisingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...お知らせ • May 17M M Forgings Limited to Report Q4, 2024 Results on May 29, 2024M M Forgings Limited announced that they will report Q4, 2024 results on May 29, 2024Board Change • May 01High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Whole Time Director & Director of Commercial Ramnath Nagarajan was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.分析記事 • Apr 27M M Forgings Limited (NSE:MMFL) Soars 32% But It's A Story Of Risk Vs RewardM M Forgings Limited ( NSE:MMFL ) shares have had a really impressive month, gaining 32% after a shaky period...Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₹1,058, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Metals and Mining industry in India. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹1,313 per share.Price Target Changed • Apr 04Price target increased by 9.2% to ₹1,195Up from ₹1,094, the current price target is an average from 2 analysts. New target price is 36% above last closing price of ₹878. Stock is up 5.9% over the past year. The company is forecast to post earnings per share of ₹61.55 for next year compared to ₹53.00 last year.お知らせ • Mar 22M M Forgings Limited Announces Board Appointments, Effective 01 April 2024M M Forgings Limited announced that the shareholders of the Company, through Postal Ballot, had approved the appointment of Shri. Ramnath Nagarajan, as a Director in the rank of Whole Time Director of the Company, with the designation as Director -Commercial on the Board, for a period of five years, effective 01 April 2024 and Shri. Krishnakumar Raman, as a Director in the rank of Whole Time Director of the Company, with the designation as Director - Operations on the Board, for a period of five years, effective 01 April 2024. Accordingly, their designation as a Senior Managerial Personnel in the Company shall be changed to Whole-time Director effective from 01 April 2024. They shall continue to hold as a Member of Risk Management Committee as a Director effective 01 April 2024. Shri. Ramnath Nagarajan, aged 57 years, holding DIN 00081516, is a Chartered Accountant and Cost Accountant by profession, has been associated with the Company for 22 years. He is responsible for the overall marketing function and has been playing a vital role towards the growth of the Company in export markets. Shri. Krishnakumar Raman, aged 52 years, DIN 00070743, has been associated with the Company since April 2022. He is taking care of operational activities reporting to the Vice Chairman and Managing Director. He is an MS in Engineering from IIT Madras. He has specialized in Modern Production and Project Planning Techniques (UK). He has a qualified PG degree in PGCBM from XLRI.お知らせ • Mar 15+ 1 more updateM M Forgings Limited Announces Board and Committee ChangesM M Forgings Limited announced that, consequent to the completion of tenure of appointment, Shri. N. Srinivasan, Non-Executive Independent Director, he ceases to be the Chairman of the Board of the Company, effective 31 March 2024. Pursuant to the provisions of Section 203 read with respective rules of the Companies Act, 2013 and the articles of association of the Company and on the recommendation of the Nomination and Remuneration Committee, the Board of Directors, in their meeting held on 15 March 2024, had appointed Shri. Vidyashankar Krishnan as Chairman of the Company, effective 01 April 2024. Accordingly, Shri. Vidyashankar Krishnan shall hold the position as Chairman and Managing Director of the Company, effective 01 April 2024. The Board of Directors conveyed their wholehearted appreciation for the long term association and the vital role and support provided by Shri. N. Srinivasan in the role of Chairman and Director of the Company. Shri. Vidyashankar Krishnan, aged 58 years, holding DIN 00081441, is a Post Graduate in Engineering from I.I.T., Chennai, having around 33 years of experience. He has served in the Company's Board since April 1997. He was appointed as Managing Director of the Company in February 1999. He was further elevated as Vice Chairman and Managing Director of the Company effective 24 October 2012. He has extensive experience in forgings industry for over three decades. He has played a pivotal role towards the growth of the Company. His accomplishments include major expansion at Viralimalai plant, setting up of plant at Padappai, setting up of Wind farm and solar sites at various places. He has been instrumental in steering the Company with the broader sustainability agenda and his extraordinary efforts have witnessed key decisions with major expansions and acquisitions. Under his leadership, M M Forgings Limited has been accredited as "India's Most Admirable Brand 2022" under the category "Forging Excellence." Shri. Vidyashankar Krishnan has been conferred as "India's Top Minds 2022" and has been recognized as one of the "Top Business Leaders of the Nation". Consequent to completion of tenure of Shri. N. Srinivasan, Shri. V. Vaidyanathan and Shri. A. Gopalakrishnan as a Non-Executive Independent Director (NEID) of the company effective 31 March 2024, they also cease to the Member of the respective Committee of Board of Directors, effective that date. Accordingly, the Board of Directors, in their meeting held 15 March 2024, had approved the reconstitution of the following Committee of the Board effective 31 March 2024. Audit Committee: Shri. Shankar Athreya, NEID, the existing Member of the Committee, has been appointed as Chairman of the Committee, effective 31 March 2024. Shri. Subramanian Radhakrishnan and Shri. S. Krishnakumar who are appointed by the Board effective 08 March 2024, has been inducted as Members of the Audit Committee, effective 31 March 2024. The Reconstituted Audit Committee, effective 31 March 2024 shall be as follows: Shri. Shankar Athreya, Chairman, Non-Executive Independent Director, Shri. Vidyashankar Krishnan, Member, Executive Director, Smt. Kavitha Vijay, Member, Non-Executive Independent Director, Smt. Sumita Vidyashankar, Member, Non-Executive Non-Independent Directors, Shri. Subramaniam Radhakrishnan, Member, Non-Executive Independent Director, and Shri. S. Krishnakumar, Member, Non-Executive Independent Director. Nomination and Remuneration Committee (NRC): Shri. Shankar Athreya, NEID, the existing Member of the Committee, has been appointed as Chairman of the Committee, effective 31 March 2024. Shri. Subramanian Radhakrishnan and Shri. S. Krishnakumar who are appointed by the Board effective 08 March 2024, has been inducted as Members of the Nomination and Remuneration Committee, effective 31 March 2024. The Reconstituted Nomination and Remuneration Committee, effective 31 March 2024 shall be as follows: Shri. Shankar Athreya, Chairman, Non-Executive Independent Director, Smt. Kavitha Vijay, Member, Non-Executive Independent Director, Smt. Sumita Vidyashankar, Member, Non-Executive Non-Independent Directors, Shri. Subramaniam Radhakrishnan Member, Non-Executive Independent Director, and Shri. S. Krishnakumar, Member, Non-Executive Independent Director. Stakeholders' Relationship Committee: Shri. S. Krishnakumar who was appointed by the Board effective 08 March 2024, has been inducted as Member and the Chairman of the Stakeholders' Relationship Committee, effective 31 March 2024. The Reconstituted Stakeholders' Relationship Committee, effective 31 March 2024 shall be as follows: Shri. S. Krishnakumar, Chairman, Non-Executive Independent Director, Shri. Vidyashankar Krishnan, Member, Executive Director, Shri. K. Venkatramanan, Member, Executive Director, Smt. Sumita Vidyashankar, Member, Non-Executive Non-Independent Director, Smt. Kavitha Vijay, Member, Non-Executive Independent Director, and Shri. Shankar Athreya, Member, Non-Executive Independent Director. The Reconstituted Risk Management Committee, effective 31 March 2024 shall be as follows: Shri. Vidyashankar Krishnan, Chairman, Executive Director, Shri. K. Venkatramanan, Member, Executive Director, Smt. Sumita Vidyashankar, Member, Non-Executive Non-Independent Directors, Smt. Kavitha Vijay, Member, Non-Executive Independent Director, Shri. Shankar Athreya, Member, Non-Executive Independent Director, Shri. Ramnath Nagarajan, Member, Senior Managerial Personnel, and Shri. Krishnakumar Raman, Member, Senior Managerial Personnel. The Reconstituted CSR Committee, effective 31 March 2024 shall be as follows: Shri. Vidyashankar Krishnan, Chairman, Executive Director, Shri. K. Venkatramanan, Member, Executive Director, Smt. Sumita Vidyashankar, Member, Non-Executive Non-Independent Directors, and Shri. Shankar Athreya, Member, Non-Executive Independent Director.分析記事 • Feb 20These 4 Measures Indicate That M M Forgings (NSE:MMFL) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: ₹13.90 (vs ₹14.83 in 3Q 2023)Third quarter 2024 results: EPS: ₹13.90 (down from ₹14.83 in 3Q 2023). Revenue: ₹3.99b (up 7.2% from 3Q 2023). Net income: ₹334.2m (down 6.6% from 3Q 2023). Profit margin: 8.4% (down from 9.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 10M M Forgings Limited to Report Q3, 2024 Results on Feb 07, 2024M M Forgings Limited announced that they will report Q3, 2024 results at 3:30 PM, Indian Standard Time on Feb 07, 2024Valuation Update With 7 Day Price Move • Dec 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹1,017, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 157% over the past three years.分析記事 • Dec 19Investors Holding Back On M M Forgings Limited (NSE:MMFL)With a price-to-earnings (or "P/E") ratio of 18.4x M M Forgings Limited ( NSE:MMFL ) may be sending bullish signals at...Reported Earnings • Nov 11Second quarter 2024 earnings released: EPS: ₹14.69 (vs ₹13.69 in 2Q 2023)Second quarter 2024 results: EPS: ₹14.69 (up from ₹13.69 in 2Q 2023). Revenue: ₹3.97b (up 11% from 2Q 2023). Net income: ₹348.7m (up 5.9% from 2Q 2023). Profit margin: 8.8% (down from 9.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 31M M Forgings Limited to Report Q2, 2024 Results on Nov 09, 2023M M Forgings Limited announced that they will report Q2, 2024 results on Nov 09, 2023お知らせ • Aug 12M M Forgings Limited Approves Board AppointmentsM M Forgings Limited at the Annual General Meeting held on 11 August 2023, approved appointment of Shri. Shankar Athreya as a Non-Executive Independent Director for five years term effective 11 August 2023 and appointment ofShri. Hari Sankaran as a Non-Executive Independent Director for five years term effective 01 April 2024.お知らせ • Jul 28M M Forgings Limited to Report Q1, 2024 Results on Aug 12, 2023M M Forgings Limited announced that they will report Q1, 2024 results at 3:30 PM, Indian Standard Time on Aug 12, 2023Reported Earnings • Jul 19Full year 2023 earnings released: EPS: ₹53.00 (vs ₹37.69 in FY 2022)Full year 2023 results: EPS: ₹53.00 (up from ₹37.69 in FY 2022). Revenue: ₹14.6b (up 28% from FY 2022). Net income: ₹1.28b (up 41% from FY 2022). Profit margin: 8.8% (up from 8.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 23M M Forgings Limited, Annual General Meeting, Aug 11, 2023M M Forgings Limited, Annual General Meeting, Aug 11, 2023, at 12:00 Indian Standard Time.Upcoming Dividend • May 22Upcoming dividend of ₹6.00 per share at 0.7% yieldEligible shareholders must have bought the stock before 29 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (7.6%).Reported Earnings • May 18Full year 2023 earnings released: EPS: ₹53.00 (vs ₹37.69 in FY 2022)Full year 2023 results: EPS: ₹53.00 (up from ₹37.69 in FY 2022). Revenue: ₹14.7b (up 29% from FY 2022). Net income: ₹1.28b (up 40% from FY 2022). Profit margin: 8.7% (up from 8.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 14M M Forgings Limited Announces Executive ChangesM M Forgings Limited announced that at its board meeting held on February 14, 2023, Smt. J Sumathi (Membership no. A8621), Company Secretary & Compliance Officer of the Company, will be retiring on 31 March 2023 (close of business hours). On the recommendation of the Nomination and Remuneration Committee, the Board of Directors approved the appointment of Shri. Chandrasekar S, holding Membership No. A34736 as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the company effective from 01 April 2023. Appointment of Shri. Chandrasekar S as Company Secretary and Compliance officer under the category of Key Managerial Personnel of the Company effective 01 April 2023, consequent to superannuation of Smt. J Sumathi from the position of Company Secretary & Compliance Officer of the company effective the closure of business hours on 31 March 2023. Shri Chandrasekar S, aged 32, is an associate member of the Institute of Company Secretaries of India (Membership No. A34736). He has around eight years of experience in the secretarial function including two plus years in Listed Company exposure.Reported Earnings • Feb 14Third quarter 2023 earnings released: EPS: ₹14.83 (vs ₹12.18 in 3Q 2022)Third quarter 2023 results: EPS: ₹14.83 (up from ₹12.18 in 3Q 2022). Revenue: ₹3.76b (up 27% from 3Q 2022). Net income: ₹358.0m (up 22% from 3Q 2022). Profit margin: 9.5% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 01M M Forgings Limited to Report Q3, 2023 Results on Feb 13, 2023M M Forgings Limited announced that they will report Q3, 2023 results on Feb 13, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹13.69 (vs ₹10.99 in 2Q 2022)Second quarter 2023 results: EPS: ₹13.69 (up from ₹10.99 in 2Q 2022). Revenue: ₹3.61b (up 32% from 2Q 2022). Net income: ₹329.2m (up 24% from 2Q 2022). Profit margin: 9.1% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: ₹11.73 (vs ₹9.49 in 1Q 2022)First quarter 2023 results: EPS: ₹11.73 (up from ₹9.49 in 1Q 2022). Revenue: ₹3.44b (up 39% from 1Q 2022). Net income: ₹283.2m (up 24% from 1Q 2022). Profit margin: 8.2% (down from 9.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Jul 23Should You Be Adding M M Forgings (NSE:MMFL) To Your Watchlist Today?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹910, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 7x in the Metals and Mining industry in India. Total returns to shareholders of 75% over the past three years.Upcoming Dividend • May 30Upcoming dividend of ₹6.00 per shareEligible shareholders must have bought the stock before 06 June 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.7%). Lower than average of industry peers (6.0%).Reported Earnings • May 28Full year 2022 earnings released: EPS: ₹45.98 (vs ₹19.35 in FY 2021)Full year 2022 results: EPS: ₹45.98 (up from ₹19.35 in FY 2021). Revenue: ₹11.2b (up 44% from FY 2021). Net income: ₹1.10b (up 135% from FY 2021). Profit margin: 9.8% (up from 6.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target increased to ₹1,081Up from ₹982, the current price target is provided by 1 analyst. New target price is 29% above last closing price of ₹839. Stock is up 81% over the past year. The company posted earnings per share of ₹19.35 last year.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹927, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 71% over the past three years.Price Target Changed • Mar 23Price target increased to ₹1,081Up from ₹982, the current price target is provided by 1 analyst. New target price is 26% above last closing price of ₹860. Stock is up 78% over the past year. The company posted earnings per share of ₹19.35 last year.分析記事 • Mar 23Is M M Forgings (NSE:MMFL) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Feb 09Is Now The Time To Put M M Forgings (NSE:MMFL) On Your Watchlist?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...Reported Earnings • Feb 08Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹12.18 (up from ₹5.81 in 3Q 2021). Revenue: ₹2.99b (up 34% from 3Q 2021). Net income: ₹294.1m (up 57% from 3Q 2021). Profit margin: 9.8% (up from 8.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.Price Target Changed • Nov 26Price target increased to ₹982Up from ₹896, the current price target is provided by 1 analyst. New target price is 19% above last closing price of ₹823. Stock is up 119% over the past year. The company posted earnings per share of ₹19.35 last year.Reported Earnings • Nov 09Second quarter 2022 earnings released: EPS ₹10.99 (vs ₹2.24 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹2.77b (up 73% from 2Q 2021). Net income: ₹265.2m (up 390% from 2Q 2021). Profit margin: 9.6% (up from 3.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.分析記事 • Oct 12M M Forgings (NSE:MMFL) Could Be Struggling To Allocate CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Sep 06Increases to M M Forgings Limited's (NSE:MMFL) CEO Compensation Might Cool off for nowCEO Venkatramanan Krishnan has done a decent job of delivering relatively good performance at M M Forgings Limited...Reported Earnings • Aug 15First quarter 2022 earnings released: EPS ₹9.49 (vs ₹3.31 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹2.50b (up 209% from 1Q 2021). Net income: ₹229.0m (up ₹308.8m from 1Q 2021). Profit margin: 9.2% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • Jun 26Full year 2021 earnings released: EPS ₹19.35 (vs ₹17.28 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹7.44b (down 3.3% from FY 2020). Net income: ₹467.1m (up 12% from FY 2020). Profit margin: 6.3% (up from 5.4% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.分析記事 • Jun 22Be Wary Of M M Forgings (NSE:MMFL) And Its Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...分析記事 • Mar 15Could The M M Forgings Limited (NSE:MMFL) Ownership Structure Tell Us Something Useful?The big shareholder groups in M M Forgings Limited ( NSE:MMFL ) have power over the company. Generally speaking, as a...分析記事 • Feb 25Has M M Forgings (NSE:MMFL) Got What It Takes To Become A Multi-Bagger?If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Feb 10Estimating The Fair Value Of M M Forgings Limited (NSE:MMFL)In this article we are going to estimate the intrinsic value of M M Forgings Limited ( NSE:MMFL ) by taking the...Reported Earnings • Feb 10Third quarter 2021 earnings released: EPS ₹5.81 (vs ₹4.69 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹2.23b (up 19% from 3Q 2020). Net income: ₹187.1m (up 65% from 3Q 2020). Profit margin: 8.4% (up from 6.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 04New 90-day high: ₹514The company is up 54% from its price of ₹334 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 39% over the same period.分析記事 • Jan 28With A 2.6% Return On Equity, Is M M Forgings Limited (NSE:MMFL) A Quality Stock?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...分析記事 • Jan 15Announcing: M M Forgings (NSE:MMFL) Stock Increased An Energizing 106% In The Last Five YearsThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, you...Is New 90 Day High Low • Jan 15New 90-day high: ₹492The company is up 58% from its price of ₹312 on 16 October 2020. The Indian market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 48% over the same period.分析記事 • Jan 02We Think M M Forgings's (NSE:MMFL) Statutory Profit Might Understate Its Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...分析記事 • Dec 20Here's Why M M Forgings (NSE:MMFL) Is Weighed Down By Its Debt LoadDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Is New 90 Day High Low • Dec 12New 90-day high: ₹457The company is up 53% from its price of ₹298 on 11 September 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 24% over the same period.分析記事 • Dec 06Should You Buy M M Forgings Limited (NSE:MMFL) For Its 1.1% Dividend?Could M M Forgings Limited ( NSE:MMFL ) be an attractive dividend share to own for the long haul? Investors are often...Is New 90 Day High Low • Nov 25New 90-day high: ₹361The company is up 27% from its price of ₹284 on 27 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 8.0% over the same period.分析記事 • Nov 23What Percentage Of M M Forgings Limited (NSE:MMFL) Shares Do Insiders Own?The big shareholder groups in M M Forgings Limited (NSE:MMFL) have power over the company. Institutions will often...業績と収益の成長予測NSEI:MMFL - アナリストの将来予測と過去の財務データ ( )INR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202820,6131,8991,3992,83523/31/202718,2001,4493,0123,75723/31/202615,8999814032,297N/A12/31/202515,309866N/AN/AN/A9/30/202514,913956-6401,817N/A6/30/202515,0461,109N/AN/AN/A3/31/202515,2521,219-2,2111,816N/A12/31/202415,5201,263N/AN/AN/A9/30/202415,7671,332-2,899947N/A6/30/202415,7511,361N/AN/AN/A3/31/202415,6311,350-1,0511,487N/A12/31/202315,5391,284N/AN/AN/A9/30/202315,2721,310-6221,633N/A6/30/202314,8811,286N/AN/AN/A3/31/202314,6191,280-4081,603N/A12/31/202213,9671,090N/AN/AN/A9/30/202213,2131,028-641,442N/A6/30/202212,365962N/AN/AN/A3/31/202211,3969103701,504N/A12/31/202111,4311,145N/AN/AN/A9/30/202110,739987-283343N/A6/30/20219,137776N/AN/AN/A3/31/20217,521461-119203N/A12/31/20206,277213N/AN/AN/A9/30/20205,9801161,9852,661N/A6/30/20206,262186N/AN/AN/A3/31/20207,6924191,8602,828N/A12/31/20198,438550N/AN/AN/A9/30/20199,082669N/AN/AN/A6/30/20199,368777N/AN/AN/A3/31/20199,341655N/A270N/A12/31/20189,086821N/AN/AN/A9/30/20188,081741N/AN/AN/A6/30/20187,189673N/AN/AN/A3/31/20186,387606N/A-420N/A12/31/20175,416539N/AN/AN/A9/30/20175,098488N/AN/AN/A6/30/20174,866451N/AN/AN/A3/31/20174,784434N/A1,073N/A12/31/20164,824416N/AN/AN/A9/30/20164,879447N/AN/AN/A6/30/20164,971476N/AN/AN/A3/31/20165,023501N/A1,228N/A12/31/20155,044502N/AN/AN/A9/30/20155,044502N/AN/AN/A6/30/20155,021502N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: MMFLの予測収益成長率 (年間31.8% ) は 貯蓄率 ( 6.9% ) を上回っています。収益対市場: MMFLの収益 ( 31.8% ) はIndian市場 ( 16.1% ) よりも速いペースで成長すると予測されています。高成長収益: MMFLの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: MMFLの収益 ( 12.9% ) Indian市場 ( 10.9% ) よりも速いペースで成長すると予測されています。高い収益成長: MMFLの収益 ( 12.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: MMFLの 自己資本利益率 は、3年後には低くなると予測されています ( 15 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/18 17:37終値2026/06/18 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋M M Forgings Limited 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Annamalai Jayaraj360 ONE Capital Market Private Limitednull nullAnand Rathi Shares and Stock Brokers LimitedKameswari V. S. ChavaliFirstCall Research2 その他のアナリストを表示
Price Target Changed • Feb 18Price target increased by 29% to ₹589Up from ₹458, the current price target is an average from 2 analysts. New target price is 25% above last closing price of ₹472. Stock is up 28% over the past year. The company is forecast to post earnings per share of ₹20.35 for next year compared to ₹25.24 last year.
Price Target Changed • Jun 18Price target decreased by 21% to ₹530Down from ₹669, the current price target is an average from 2 analysts. New target price is 47% above last closing price of ₹361. Stock is down 42% over the past year. The company is forecast to post earnings per share of ₹29.30 for next year compared to ₹25.24 last year.
Price Target Changed • Apr 04Price target increased by 9.2% to ₹1,195Up from ₹1,094, the current price target is an average from 2 analysts. New target price is 36% above last closing price of ₹878. Stock is up 5.9% over the past year. The company is forecast to post earnings per share of ₹61.55 for next year compared to ₹53.00 last year.
Price Target Changed • Apr 27Price target increased to ₹1,081Up from ₹982, the current price target is provided by 1 analyst. New target price is 29% above last closing price of ₹839. Stock is up 81% over the past year. The company posted earnings per share of ₹19.35 last year.
Price Target Changed • Mar 23Price target increased to ₹1,081Up from ₹982, the current price target is provided by 1 analyst. New target price is 26% above last closing price of ₹860. Stock is up 78% over the past year. The company posted earnings per share of ₹19.35 last year.
Price Target Changed • Nov 26Price target increased to ₹982Up from ₹896, the current price target is provided by 1 analyst. New target price is 19% above last closing price of ₹823. Stock is up 119% over the past year. The company posted earnings per share of ₹19.35 last year.
Upcoming Dividend • Jun 05Upcoming dividend of ₹4.00 per shareEligible shareholders must have bought the stock before 12 June 2026. Payment date: 24 June 2026. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.6%).
Reported Earnings • May 28Full year 2026 earnings released: EPS: ₹20.44 (vs ₹25.24 in FY 2025)Full year 2026 results: EPS: ₹20.44 (down from ₹25.24 in FY 2025). Revenue: ₹16.1b (up 5.3% from FY 2025). Net income: ₹981.2m (down 20% from FY 2025). Profit margin: 6.1% (down from 8.0% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • May 24M M Forgings Limited to Report Q4, 2026 Results on May 27, 2026M M Forgings Limited announced that they will report Q4, 2026 results on May 27, 2026
Buy Or Sell Opportunity • May 15Now 20% overvaluedOver the last 90 days, the stock has fallen 4.1% to ₹446. The fair value is estimated to be ₹371, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.3%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 106% in the next 2 years.
Buy Or Sell Opportunity • Apr 08Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 9.6% to ₹436. The fair value is estimated to be ₹360, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.3%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 106% in the next 2 years.
New Risk • Feb 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (5.7% net profit margin).
Price Target Changed • Feb 18Price target increased by 29% to ₹589Up from ₹458, the current price target is an average from 2 analysts. New target price is 25% above last closing price of ₹472. Stock is up 28% over the past year. The company is forecast to post earnings per share of ₹20.35 for next year compared to ₹25.24 last year.
New Risk • Feb 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.7% Last year net profit margin: 8.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (14% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.7% net profit margin).
Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: ₹3.64 (vs ₹5.50 in 3Q 2025)Third quarter 2026 results: EPS: ₹3.64 (down from ₹5.50 in 3Q 2025). Revenue: ₹4.17b (up 11% from 3Q 2025). Net income: ₹175.7m (down 34% from 3Q 2025). Profit margin: 4.2% (down from 7.1% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Feb 04M M Forgings Limited to Report Q3, 2026 Results on Feb 13, 2026M M Forgings Limited announced that they will report Q3, 2026 results on Feb 13, 2026
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₹433, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 5.6% over the past three years.
分析記事 • Jan 03M M Forgings (NSE:MMFL) Has A Somewhat Strained Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Nov 17Second quarter 2026 earnings released: EPS: ₹3.43 (vs ₹6.61 in 2Q 2025)Second quarter 2026 results: EPS: ₹3.43 (down from ₹6.61 in 2Q 2025). Revenue: ₹3.89b (down 2.4% from 2Q 2025). Net income: ₹165.7m (down 48% from 2Q 2025). Profit margin: 4.3% (down from 8.0% in 2Q 2025). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
お知らせ • Nov 04M M Forgings Limited to Report Q2, 2026 Results on Nov 14, 2025M M Forgings Limited announced that they will report Q2, 2026 results on Nov 14, 2025
Reported Earnings • Aug 07First quarter 2026 earnings released: EPS: ₹3.97 (vs ₹6.24 in 1Q 2025)First quarter 2026 results: EPS: ₹3.97 (down from ₹6.24 in 1Q 2025). Revenue: ₹3.69b (down 3.3% from 1Q 2025). Net income: ₹191.9m (down 36% from 1Q 2025). Profit margin: 5.2% (down from 7.9% in 1Q 2025). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
お知らせ • Aug 01M M Forgings Limited to Report Q1, 2026 Results on Aug 06, 2025M M Forgings Limited announced that they will report Q1, 2026 results on Aug 06, 2025
分析記事 • Jul 31It's Unlikely That M M Forgings Limited's (NSE:MMFL) CEO Will See A Huge Pay Rise This YearKey Insights M M Forgings' Annual General Meeting to take place on 6th of August Salary of ₹31.8m is part of CEO...
Upcoming Dividend • Jul 23Upcoming dividend of ₹4.00 per shareEligible shareholders must have bought the stock before 30 July 2025. Payment date: 29 August 2025. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (2.7%).
Price Target Changed • Jun 18Price target decreased by 21% to ₹530Down from ₹669, the current price target is an average from 2 analysts. New target price is 47% above last closing price of ₹361. Stock is down 42% over the past year. The company is forecast to post earnings per share of ₹29.30 for next year compared to ₹25.24 last year.
分析記事 • Jun 01M M Forgings' (NSE:MMFL) Weak Earnings May Only Reveal A Part Of The Whole PictureM M Forgings Limited's ( NSE:MMFL ) recent weak earnings report didn't cause a big stock movement. We think that...
Reported Earnings • May 28Full year 2025 earnings released: EPS: ₹25.24 (vs ₹27.97 in FY 2024)Full year 2025 results: EPS: ₹25.24 (down from ₹27.97 in FY 2024). Revenue: ₹15.5b (down 1.0% from FY 2024). Net income: ₹1.22b (down 9.8% from FY 2024). Profit margin: 7.9% (down from 8.6% in FY 2024). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • May 26M M Forgings Limited, Annual General Meeting, Aug 06, 2025M M Forgings Limited, Annual General Meeting, Aug 06, 2025, at 16:30 Indian Standard Time.
お知らせ • May 16M M Forgings Limited to Report Q4, 2025 Results on May 24, 2025M M Forgings Limited announced that they will report Q4, 2025 results on May 24, 2025
お知らせ • Mar 21M M Forgings Limited Announces Shyamala S Unable to Accept the Position of Independent DirectorM M Forgings Limited announced with reference to the intimation dated 3 February 2025, wherein it was informed that the Board of Directors of the Company had, inter alia, approved the appointment of Smt. Shyamala S (DIN: 10895827) as a Non-Executive Independent Director, for a period of five years, effective 31 March 2025. Further, vide the letter dated 3 February 2025, the Company had informed about the approval of Notice of Postal Ballot dated 3 February 2025, to be issued to the shareholders of the Company seeking their consent for the aforesaid appointment of Smt. Shyamala S. The company further informed that Smt. Shyamala S has communicated to the Board of Directors of the Company that she will be unable to accept the position of Independent Director due to her organization not granting approval for this appointment, effective 31 March 2025. The Board of Directors of the Company took note of the same through a circular resolution. Smt. Shyamala has also confirmed that there are no additional significant reasons for her above decision.
分析記事 • Mar 07M M Forgings (NSE:MMFL) Is Experiencing Growth In Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Reported Earnings • Feb 04Third quarter 2025 earnings released: EPS: ₹5.50 (vs ₹6.95 in 3Q 2024)Third quarter 2025 results: EPS: ₹5.50 (down from ₹6.95 in 3Q 2024). Revenue: ₹3.78b (down 5.3% from 3Q 2024). Net income: ₹265.1m (down 21% from 3Q 2024). Profit margin: 7.0% (down from 8.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year.
お知らせ • Feb 03M M Forgings Limited Announces Cessation of Kavitha Vijay as Non-Executive Independent Director, Effective March 31, 2025M M Forgings Limited announced that the tenure of Smt. Kavitha Vijay (DIN: 01047261), as a Non-Executive Independent Director of the Company, concludes on 31 March 2025. Consequent to completion of tenure, Smt. Kavitha Vijay ceases to be a Director of the Company, effective 31 March 2025.
分析記事 • Jan 18Cautious Investors Not Rewarding M M Forgings Limited's (NSE:MMFL) Performance CompletelyM M Forgings Limited's ( NSE:MMFL ) price-to-earnings (or "P/E") ratio of 16.9x might make it look like a buy right now...
分析記事 • Nov 03M M Forgings' (NSE:MMFL) Shareholders May Want To Dig Deeper Than Statutory ProfitM M Forgings Limited's ( NSE:MMFL ) healthy profit numbers didn't contain any surprises for investors. We think this is...
Reported Earnings • Oct 27Second quarter 2025 earnings released: EPS: ₹6.61 (vs ₹7.35 in 2Q 2024)Second quarter 2025 results: EPS: ₹6.61 (down from ₹7.35 in 2Q 2024). Revenue: ₹4.05b (up 2.2% from 2Q 2024). Net income: ₹319.1m (down 10.0% from 2Q 2024). Profit margin: 7.9% (down from 8.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year.
お知らせ • Oct 21M M Forgings Limited to Report Q2, 2025 Results on Oct 26, 2024M M Forgings Limited announced that they will report Q2, 2025 results on Oct 26, 2024
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: ₹12.47 (vs ₹6.01 in 1Q 2024)First quarter 2025 results: EPS: ₹12.47 (up from ₹6.01 in 1Q 2024). Revenue: ₹3.88b (up 4.7% from 1Q 2024). Net income: ₹301.1m (up 3.8% from 1Q 2024). Profit margin: 7.8% (in line with 1Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year.
お知らせ • Aug 05M M Forgings Limited to Report Q1, 2025 Results on Aug 12, 2024M M Forgings Limited announced that they will report Q1, 2025 results on Aug 12, 2024
Reported Earnings • Jun 18Full year 2024 earnings released: EPS: ₹55.94 (vs ₹53.00 in FY 2023)Full year 2024 results: EPS: ₹55.94 (up from ₹53.00 in FY 2023). Revenue: ₹15.6b (up 6.9% from FY 2023). Net income: ₹1.35b (up 5.5% from FY 2023). Profit margin: 8.6% (down from 8.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 21% per year.
Upcoming Dividend • Jun 07Upcoming dividend of ₹8.00 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 21 June 2024. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (3.1%).
Reported Earnings • Jun 04Full year 2024 earnings released: EPS: ₹56.20 (vs ₹53.00 in FY 2023)Full year 2024 results: EPS: ₹56.20 (up from ₹53.00 in FY 2023). Revenue: ₹15.6b (up 6.9% from FY 2023). Net income: ₹1.33b (up 4.3% from FY 2023). Profit margin: 8.5% (down from 8.8% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 26% per year.
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹1,043, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 106% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹2,055 per share.
分析記事 • Jun 02M M Forgings (NSE:MMFL) Will Pay A Larger Dividend Than Last Year At ₹8.00The board of M M Forgings Limited ( NSE:MMFL ) has announced that it will be increasing its dividend by 33% on the 21st...
Declared Dividend • Jun 01Dividend increased to ₹8.00Dividend of ₹8.00 is 33% higher than last year. Ex-date: 7th June 2024 Payment date: 21st June 2024 Dividend yield will be 0.7%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (11% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 31M M Forgings Limited, Annual General Meeting, Jul 08, 2024M M Forgings Limited, Annual General Meeting, Jul 08, 2024, at 15:00 Indian Standard Time.
お知らせ • May 30+ 1 more updateM M Forgings Limited Announces Board ChangesConsequent to induction of new Directors, the Board of Directors of M M Forgings Limited in their meeting held on May 29, 2024, had approved the reconstitution of the following Committee of the Board effective 29 May 2024. Shri. Hari Sankaran, Non-Executive Independent Director was inducted as a Member of the Audit Committee. The Reconstituted Committee, effective 29 May 2024 shall be as follows: Audit Committee: Shri. Shankar Athreya-Chairman, Shri. Vidyashankar Krishnan-Member, Smt. Kavitha Vijay-Member, Smt. Sumita Vidyashankar-Member, Shri. Subramaniam Radhakrishnan-Member, Shri. S. Krishnakumar-Member, Shri. Hari Sankaran-Member. Nomination and Remuneration Committee (NRC): Smt. Kavitha Vijay, existing Member was appointed as a Chairman of the Committee. Shri. Hari Sankaran, Non-Executive Independent Director was inducted as a Member of the NRC. Shri. Shankar Athreya continues to be the Member of the Committee. The Reconstituted NRC, effective 29 May 2024 shall be as follows: Smt. Kavitha Vijay-Chairman, Shri. Shankar Athreya-Member, Smt. Sumita Vidyashankar-Member, Shri. Subramaniam Radhakrishnan-Member, Shri. S. Krishnakumar-Member, Shri. Hari Sankaran-Member. Risk Management Committee (RMC): Shri. Hari Sankaran, Shri Subramanian Radhakrishnan and Shri. S. Krishnakumar was appointed as a Member of the Committee. The Reconstituted RMC, effective 29 May 2024 shall be as follows: Shri. Vidyashankar Krishnan-Chairman, Shri. K. Venkatramanan-Member, Smt. Sumita Vidyashankar-Member, Smt. Kavitha Vijay-Member, Shri. Shankar Athreya-Member, Shri. Ramnath Nagarajan-Member, Shri. Krishnakumar Raman-Member, Shri. Hari Sankaran-Member, Shri. Subramanian Radhakrishnan-Member, Shri. S. Krishnakumar-Member. CSR Committee: Smt. Kavitha Vijay and Shri. S. Krishnakumar was inducted as a Member of the CSR Committee, effective 29 May 2024. The Reconstituted CSR Committee, effective 29 May 2024 shall be as follows: Shri. Vidyashankar Krishnan-Chairman, Shri. K. Venkatramanan- Member, Smt. Sumita Vidyashankar-Member, Shri. Shankar Athreya-Member, Smt. Kavitha Vijay- Member, Shri. S. Krishnakumar-Member.
分析記事 • May 28The Return Trends At M M Forgings (NSE:MMFL) Look PromisingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
お知らせ • May 17M M Forgings Limited to Report Q4, 2024 Results on May 29, 2024M M Forgings Limited announced that they will report Q4, 2024 results on May 29, 2024
Board Change • May 01High number of new directorsThere are 7 new directors who have joined the board in the last 3 years. Whole Time Director & Director of Commercial Ramnath Nagarajan was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Apr 27M M Forgings Limited (NSE:MMFL) Soars 32% But It's A Story Of Risk Vs RewardM M Forgings Limited ( NSE:MMFL ) shares have had a really impressive month, gaining 32% after a shaky period...
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₹1,058, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 17x in the Metals and Mining industry in India. Total returns to shareholders of 139% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹1,313 per share.
Price Target Changed • Apr 04Price target increased by 9.2% to ₹1,195Up from ₹1,094, the current price target is an average from 2 analysts. New target price is 36% above last closing price of ₹878. Stock is up 5.9% over the past year. The company is forecast to post earnings per share of ₹61.55 for next year compared to ₹53.00 last year.
お知らせ • Mar 22M M Forgings Limited Announces Board Appointments, Effective 01 April 2024M M Forgings Limited announced that the shareholders of the Company, through Postal Ballot, had approved the appointment of Shri. Ramnath Nagarajan, as a Director in the rank of Whole Time Director of the Company, with the designation as Director -Commercial on the Board, for a period of five years, effective 01 April 2024 and Shri. Krishnakumar Raman, as a Director in the rank of Whole Time Director of the Company, with the designation as Director - Operations on the Board, for a period of five years, effective 01 April 2024. Accordingly, their designation as a Senior Managerial Personnel in the Company shall be changed to Whole-time Director effective from 01 April 2024. They shall continue to hold as a Member of Risk Management Committee as a Director effective 01 April 2024. Shri. Ramnath Nagarajan, aged 57 years, holding DIN 00081516, is a Chartered Accountant and Cost Accountant by profession, has been associated with the Company for 22 years. He is responsible for the overall marketing function and has been playing a vital role towards the growth of the Company in export markets. Shri. Krishnakumar Raman, aged 52 years, DIN 00070743, has been associated with the Company since April 2022. He is taking care of operational activities reporting to the Vice Chairman and Managing Director. He is an MS in Engineering from IIT Madras. He has specialized in Modern Production and Project Planning Techniques (UK). He has a qualified PG degree in PGCBM from XLRI.
お知らせ • Mar 15+ 1 more updateM M Forgings Limited Announces Board and Committee ChangesM M Forgings Limited announced that, consequent to the completion of tenure of appointment, Shri. N. Srinivasan, Non-Executive Independent Director, he ceases to be the Chairman of the Board of the Company, effective 31 March 2024. Pursuant to the provisions of Section 203 read with respective rules of the Companies Act, 2013 and the articles of association of the Company and on the recommendation of the Nomination and Remuneration Committee, the Board of Directors, in their meeting held on 15 March 2024, had appointed Shri. Vidyashankar Krishnan as Chairman of the Company, effective 01 April 2024. Accordingly, Shri. Vidyashankar Krishnan shall hold the position as Chairman and Managing Director of the Company, effective 01 April 2024. The Board of Directors conveyed their wholehearted appreciation for the long term association and the vital role and support provided by Shri. N. Srinivasan in the role of Chairman and Director of the Company. Shri. Vidyashankar Krishnan, aged 58 years, holding DIN 00081441, is a Post Graduate in Engineering from I.I.T., Chennai, having around 33 years of experience. He has served in the Company's Board since April 1997. He was appointed as Managing Director of the Company in February 1999. He was further elevated as Vice Chairman and Managing Director of the Company effective 24 October 2012. He has extensive experience in forgings industry for over three decades. He has played a pivotal role towards the growth of the Company. His accomplishments include major expansion at Viralimalai plant, setting up of plant at Padappai, setting up of Wind farm and solar sites at various places. He has been instrumental in steering the Company with the broader sustainability agenda and his extraordinary efforts have witnessed key decisions with major expansions and acquisitions. Under his leadership, M M Forgings Limited has been accredited as "India's Most Admirable Brand 2022" under the category "Forging Excellence." Shri. Vidyashankar Krishnan has been conferred as "India's Top Minds 2022" and has been recognized as one of the "Top Business Leaders of the Nation". Consequent to completion of tenure of Shri. N. Srinivasan, Shri. V. Vaidyanathan and Shri. A. Gopalakrishnan as a Non-Executive Independent Director (NEID) of the company effective 31 March 2024, they also cease to the Member of the respective Committee of Board of Directors, effective that date. Accordingly, the Board of Directors, in their meeting held 15 March 2024, had approved the reconstitution of the following Committee of the Board effective 31 March 2024. Audit Committee: Shri. Shankar Athreya, NEID, the existing Member of the Committee, has been appointed as Chairman of the Committee, effective 31 March 2024. Shri. Subramanian Radhakrishnan and Shri. S. Krishnakumar who are appointed by the Board effective 08 March 2024, has been inducted as Members of the Audit Committee, effective 31 March 2024. The Reconstituted Audit Committee, effective 31 March 2024 shall be as follows: Shri. Shankar Athreya, Chairman, Non-Executive Independent Director, Shri. Vidyashankar Krishnan, Member, Executive Director, Smt. Kavitha Vijay, Member, Non-Executive Independent Director, Smt. Sumita Vidyashankar, Member, Non-Executive Non-Independent Directors, Shri. Subramaniam Radhakrishnan, Member, Non-Executive Independent Director, and Shri. S. Krishnakumar, Member, Non-Executive Independent Director. Nomination and Remuneration Committee (NRC): Shri. Shankar Athreya, NEID, the existing Member of the Committee, has been appointed as Chairman of the Committee, effective 31 March 2024. Shri. Subramanian Radhakrishnan and Shri. S. Krishnakumar who are appointed by the Board effective 08 March 2024, has been inducted as Members of the Nomination and Remuneration Committee, effective 31 March 2024. The Reconstituted Nomination and Remuneration Committee, effective 31 March 2024 shall be as follows: Shri. Shankar Athreya, Chairman, Non-Executive Independent Director, Smt. Kavitha Vijay, Member, Non-Executive Independent Director, Smt. Sumita Vidyashankar, Member, Non-Executive Non-Independent Directors, Shri. Subramaniam Radhakrishnan Member, Non-Executive Independent Director, and Shri. S. Krishnakumar, Member, Non-Executive Independent Director. Stakeholders' Relationship Committee: Shri. S. Krishnakumar who was appointed by the Board effective 08 March 2024, has been inducted as Member and the Chairman of the Stakeholders' Relationship Committee, effective 31 March 2024. The Reconstituted Stakeholders' Relationship Committee, effective 31 March 2024 shall be as follows: Shri. S. Krishnakumar, Chairman, Non-Executive Independent Director, Shri. Vidyashankar Krishnan, Member, Executive Director, Shri. K. Venkatramanan, Member, Executive Director, Smt. Sumita Vidyashankar, Member, Non-Executive Non-Independent Director, Smt. Kavitha Vijay, Member, Non-Executive Independent Director, and Shri. Shankar Athreya, Member, Non-Executive Independent Director. The Reconstituted Risk Management Committee, effective 31 March 2024 shall be as follows: Shri. Vidyashankar Krishnan, Chairman, Executive Director, Shri. K. Venkatramanan, Member, Executive Director, Smt. Sumita Vidyashankar, Member, Non-Executive Non-Independent Directors, Smt. Kavitha Vijay, Member, Non-Executive Independent Director, Shri. Shankar Athreya, Member, Non-Executive Independent Director, Shri. Ramnath Nagarajan, Member, Senior Managerial Personnel, and Shri. Krishnakumar Raman, Member, Senior Managerial Personnel. The Reconstituted CSR Committee, effective 31 March 2024 shall be as follows: Shri. Vidyashankar Krishnan, Chairman, Executive Director, Shri. K. Venkatramanan, Member, Executive Director, Smt. Sumita Vidyashankar, Member, Non-Executive Non-Independent Directors, and Shri. Shankar Athreya, Member, Non-Executive Independent Director.
分析記事 • Feb 20These 4 Measures Indicate That M M Forgings (NSE:MMFL) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: ₹13.90 (vs ₹14.83 in 3Q 2023)Third quarter 2024 results: EPS: ₹13.90 (down from ₹14.83 in 3Q 2023). Revenue: ₹3.99b (up 7.2% from 3Q 2023). Net income: ₹334.2m (down 6.6% from 3Q 2023). Profit margin: 8.4% (down from 9.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 10M M Forgings Limited to Report Q3, 2024 Results on Feb 07, 2024M M Forgings Limited announced that they will report Q3, 2024 results at 3:30 PM, Indian Standard Time on Feb 07, 2024
Valuation Update With 7 Day Price Move • Dec 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹1,017, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 157% over the past three years.
分析記事 • Dec 19Investors Holding Back On M M Forgings Limited (NSE:MMFL)With a price-to-earnings (or "P/E") ratio of 18.4x M M Forgings Limited ( NSE:MMFL ) may be sending bullish signals at...
Reported Earnings • Nov 11Second quarter 2024 earnings released: EPS: ₹14.69 (vs ₹13.69 in 2Q 2023)Second quarter 2024 results: EPS: ₹14.69 (up from ₹13.69 in 2Q 2023). Revenue: ₹3.97b (up 11% from 2Q 2023). Net income: ₹348.7m (up 5.9% from 2Q 2023). Profit margin: 8.8% (down from 9.2% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 31M M Forgings Limited to Report Q2, 2024 Results on Nov 09, 2023M M Forgings Limited announced that they will report Q2, 2024 results on Nov 09, 2023
お知らせ • Aug 12M M Forgings Limited Approves Board AppointmentsM M Forgings Limited at the Annual General Meeting held on 11 August 2023, approved appointment of Shri. Shankar Athreya as a Non-Executive Independent Director for five years term effective 11 August 2023 and appointment ofShri. Hari Sankaran as a Non-Executive Independent Director for five years term effective 01 April 2024.
お知らせ • Jul 28M M Forgings Limited to Report Q1, 2024 Results on Aug 12, 2023M M Forgings Limited announced that they will report Q1, 2024 results at 3:30 PM, Indian Standard Time on Aug 12, 2023
Reported Earnings • Jul 19Full year 2023 earnings released: EPS: ₹53.00 (vs ₹37.69 in FY 2022)Full year 2023 results: EPS: ₹53.00 (up from ₹37.69 in FY 2022). Revenue: ₹14.6b (up 28% from FY 2022). Net income: ₹1.28b (up 41% from FY 2022). Profit margin: 8.8% (up from 8.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 4.2% growth forecast for the Metals and Mining industry in India. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 23M M Forgings Limited, Annual General Meeting, Aug 11, 2023M M Forgings Limited, Annual General Meeting, Aug 11, 2023, at 12:00 Indian Standard Time.
Upcoming Dividend • May 22Upcoming dividend of ₹6.00 per share at 0.7% yieldEligible shareholders must have bought the stock before 29 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (7.6%).
Reported Earnings • May 18Full year 2023 earnings released: EPS: ₹53.00 (vs ₹37.69 in FY 2022)Full year 2023 results: EPS: ₹53.00 (up from ₹37.69 in FY 2022). Revenue: ₹14.7b (up 29% from FY 2022). Net income: ₹1.28b (up 40% from FY 2022). Profit margin: 8.7% (up from 8.0% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 14M M Forgings Limited Announces Executive ChangesM M Forgings Limited announced that at its board meeting held on February 14, 2023, Smt. J Sumathi (Membership no. A8621), Company Secretary & Compliance Officer of the Company, will be retiring on 31 March 2023 (close of business hours). On the recommendation of the Nomination and Remuneration Committee, the Board of Directors approved the appointment of Shri. Chandrasekar S, holding Membership No. A34736 as the Company Secretary and Compliance Officer (Key Managerial Personnel) of the company effective from 01 April 2023. Appointment of Shri. Chandrasekar S as Company Secretary and Compliance officer under the category of Key Managerial Personnel of the Company effective 01 April 2023, consequent to superannuation of Smt. J Sumathi from the position of Company Secretary & Compliance Officer of the company effective the closure of business hours on 31 March 2023. Shri Chandrasekar S, aged 32, is an associate member of the Institute of Company Secretaries of India (Membership No. A34736). He has around eight years of experience in the secretarial function including two plus years in Listed Company exposure.
Reported Earnings • Feb 14Third quarter 2023 earnings released: EPS: ₹14.83 (vs ₹12.18 in 3Q 2022)Third quarter 2023 results: EPS: ₹14.83 (up from ₹12.18 in 3Q 2022). Revenue: ₹3.76b (up 27% from 3Q 2022). Net income: ₹358.0m (up 22% from 3Q 2022). Profit margin: 9.5% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 01M M Forgings Limited to Report Q3, 2023 Results on Feb 13, 2023M M Forgings Limited announced that they will report Q3, 2023 results on Feb 13, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹13.69 (vs ₹10.99 in 2Q 2022)Second quarter 2023 results: EPS: ₹13.69 (up from ₹10.99 in 2Q 2022). Revenue: ₹3.61b (up 32% from 2Q 2022). Net income: ₹329.2m (up 24% from 2Q 2022). Profit margin: 9.1% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: ₹11.73 (vs ₹9.49 in 1Q 2022)First quarter 2023 results: EPS: ₹11.73 (up from ₹9.49 in 1Q 2022). Revenue: ₹3.44b (up 39% from 1Q 2022). Net income: ₹283.2m (up 24% from 1Q 2022). Profit margin: 8.2% (down from 9.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Jul 23Should You Be Adding M M Forgings (NSE:MMFL) To Your Watchlist Today?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹910, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 7x in the Metals and Mining industry in India. Total returns to shareholders of 75% over the past three years.
Upcoming Dividend • May 30Upcoming dividend of ₹6.00 per shareEligible shareholders must have bought the stock before 06 June 2022. Payment date: 23 June 2022. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.7%). Lower than average of industry peers (6.0%).
Reported Earnings • May 28Full year 2022 earnings released: EPS: ₹45.98 (vs ₹19.35 in FY 2021)Full year 2022 results: EPS: ₹45.98 (up from ₹19.35 in FY 2021). Revenue: ₹11.2b (up 44% from FY 2021). Net income: ₹1.10b (up 135% from FY 2021). Profit margin: 9.8% (up from 6.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target increased to ₹1,081Up from ₹982, the current price target is provided by 1 analyst. New target price is 29% above last closing price of ₹839. Stock is up 81% over the past year. The company posted earnings per share of ₹19.35 last year.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₹927, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 71% over the past three years.
Price Target Changed • Mar 23Price target increased to ₹1,081Up from ₹982, the current price target is provided by 1 analyst. New target price is 26% above last closing price of ₹860. Stock is up 78% over the past year. The company posted earnings per share of ₹19.35 last year.
分析記事 • Mar 23Is M M Forgings (NSE:MMFL) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Feb 09Is Now The Time To Put M M Forgings (NSE:MMFL) On Your Watchlist?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Reported Earnings • Feb 08Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹12.18 (up from ₹5.81 in 3Q 2021). Revenue: ₹2.99b (up 34% from 3Q 2021). Net income: ₹294.1m (up 57% from 3Q 2021). Profit margin: 9.8% (up from 8.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.
Price Target Changed • Nov 26Price target increased to ₹982Up from ₹896, the current price target is provided by 1 analyst. New target price is 19% above last closing price of ₹823. Stock is up 119% over the past year. The company posted earnings per share of ₹19.35 last year.
Reported Earnings • Nov 09Second quarter 2022 earnings released: EPS ₹10.99 (vs ₹2.24 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹2.77b (up 73% from 2Q 2021). Net income: ₹265.2m (up 390% from 2Q 2021). Profit margin: 9.6% (up from 3.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
分析記事 • Oct 12M M Forgings (NSE:MMFL) Could Be Struggling To Allocate CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Sep 06Increases to M M Forgings Limited's (NSE:MMFL) CEO Compensation Might Cool off for nowCEO Venkatramanan Krishnan has done a decent job of delivering relatively good performance at M M Forgings Limited...
Reported Earnings • Aug 15First quarter 2022 earnings released: EPS ₹9.49 (vs ₹3.31 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹2.50b (up 209% from 1Q 2021). Net income: ₹229.0m (up ₹308.8m from 1Q 2021). Profit margin: 9.2% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • Jun 26Full year 2021 earnings released: EPS ₹19.35 (vs ₹17.28 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹7.44b (down 3.3% from FY 2020). Net income: ₹467.1m (up 12% from FY 2020). Profit margin: 6.3% (up from 5.4% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
分析記事 • Jun 22Be Wary Of M M Forgings (NSE:MMFL) And Its Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
分析記事 • Mar 15Could The M M Forgings Limited (NSE:MMFL) Ownership Structure Tell Us Something Useful?The big shareholder groups in M M Forgings Limited ( NSE:MMFL ) have power over the company. Generally speaking, as a...
分析記事 • Feb 25Has M M Forgings (NSE:MMFL) Got What It Takes To Become A Multi-Bagger?If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Feb 10Estimating The Fair Value Of M M Forgings Limited (NSE:MMFL)In this article we are going to estimate the intrinsic value of M M Forgings Limited ( NSE:MMFL ) by taking the...
Reported Earnings • Feb 10Third quarter 2021 earnings released: EPS ₹5.81 (vs ₹4.69 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹2.23b (up 19% from 3Q 2020). Net income: ₹187.1m (up 65% from 3Q 2020). Profit margin: 8.4% (up from 6.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 04New 90-day high: ₹514The company is up 54% from its price of ₹334 on 06 November 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 39% over the same period.
分析記事 • Jan 28With A 2.6% Return On Equity, Is M M Forgings Limited (NSE:MMFL) A Quality Stock?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
分析記事 • Jan 15Announcing: M M Forgings (NSE:MMFL) Stock Increased An Energizing 106% In The Last Five YearsThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, you...
Is New 90 Day High Low • Jan 15New 90-day high: ₹492The company is up 58% from its price of ₹312 on 16 October 2020. The Indian market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 48% over the same period.
分析記事 • Jan 02We Think M M Forgings's (NSE:MMFL) Statutory Profit Might Understate Its Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...
分析記事 • Dec 20Here's Why M M Forgings (NSE:MMFL) Is Weighed Down By Its Debt LoadDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is New 90 Day High Low • Dec 12New 90-day high: ₹457The company is up 53% from its price of ₹298 on 11 September 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 24% over the same period.
分析記事 • Dec 06Should You Buy M M Forgings Limited (NSE:MMFL) For Its 1.1% Dividend?Could M M Forgings Limited ( NSE:MMFL ) be an attractive dividend share to own for the long haul? Investors are often...
Is New 90 Day High Low • Nov 25New 90-day high: ₹361The company is up 27% from its price of ₹284 on 27 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 8.0% over the same period.
分析記事 • Nov 23What Percentage Of M M Forgings Limited (NSE:MMFL) Shares Do Insiders Own?The big shareholder groups in M M Forgings Limited (NSE:MMFL) have power over the company. Institutions will often...