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M M Forgings LimitedBSE:522241 Stock Report

Market Cap ₹30.9b
Share Price
n/a
1Y100.7%
7D2.8%
1D-2.5%
Portfolio Value
View

M M Forgings Limited

BSE:522241 Stock Report

Market Cap: ₹30.9b

M M Forgings (522241) Stock Overview

Manufactures and sells steel forgings in India. More details

522241 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance3/6
Financial Health2/6
Dividends4/6

522241 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

M M Forgings Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for M M Forgings
Historical stock prices
Current Share Price₹639.40
52 Week High₹690.10
52 Week Low₹276.05
Beta0.85
1 Month Change14.98%
3 Month Change40.64%
1 Year Change100.69%
3 Year Change36.06%
5 Year Change76.63%
Change since IPO16,950.67%

Recent News & Updates

New Narrative Aug 18

Heavy CapEx And Automation Risks Will Pressure Forging Demand Reliance In Coming Years

Catalysts About M M Forgings M M Forgings manufactures steel forgings and machined components for commercial vehicles, tractors, passenger cars and related applications in domestic and export markets. What are the underlying business or industry changes driving this perspective?
Narrative Update Aug 18

522241: Future Board Actions On Results And Dividend Will Drive Repricing

Analysts have lifted their fair value estimate for M M Forgings from ₹578 to ₹850, citing updated assumptions on discount rates, revenue growth, profit margins, and a reset future P/E multiple. What’s in the News for M M Forgings M M Forgings has scheduled a board meeting on May 27, 2026, at 14:30 Indian Standard Time to consider audited standalone and consolidated financial results for the quarter and year ended 31 March 2026.

Recent updates

New Narrative Aug 18

Heavy CapEx And Automation Risks Will Pressure Forging Demand Reliance In Coming Years

Catalysts About M M Forgings M M Forgings manufactures steel forgings and machined components for commercial vehicles, tractors, passenger cars and related applications in domestic and export markets. What are the underlying business or industry changes driving this perspective?
Narrative Update Aug 18

522241: Future Board Actions On Results And Dividend Will Drive Repricing

Analysts have lifted their fair value estimate for M M Forgings from ₹578 to ₹850, citing updated assumptions on discount rates, revenue growth, profit margins, and a reset future P/E multiple. What’s in the News for M M Forgings M M Forgings has scheduled a board meeting on May 27, 2026, at 14:30 Indian Standard Time to consider audited standalone and consolidated financial results for the quarter and year ended 31 March 2026.
Narrative Update Jun 26

522241: Upcoming Capital Raise And Dividend Decision Will Drive Bullish Repricing

Analysts have raised their fair value estimate for M M Forgings from ₹457.50 to ₹564.00, reflecting updated assumptions on revenue growth, profit margins and the P/E ratio they consider appropriate for the stock. What's in the News M M Forgings has scheduled a board meeting on May 27, 2026 at 14:30 Indian Standard Time to consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
New Narrative Feb 17

Export Recovery And New Capacity Will Transform This Forging Manufacturer Over Time

Catalysts About M M Forgings M M Forgings manufactures forged and machined components for commercial vehicles, passenger vehicles and off highway applications, with a growing export footprint. What are the underlying business or industry changes driving this perspective?

Shareholder Returns

522241IN Metals and MiningIN Market
7D2.8%-1.3%-1.0%
1Y100.7%18.5%1.2%

Return vs Industry: 522241 exceeded the Indian Metals and Mining industry which returned 18.5% over the past year.

Return vs Market: 522241 exceeded the Indian Market which returned 1.2% over the past year.

Price Volatility

Is 522241's price volatile compared to industry and market?
522241 volatility
522241 Average Weekly Movement5.7%
Metals and Mining Industry Average Movement5.8%
Market Average Movement5.9%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.6%

Stable Share Price: 522241 has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: 522241's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19452,327Vidyashankar Krishnanwww.mmforgings.com

M M Forgings Limited, together with its subsidiaries, manufactures and sells steel forgings in India. It offers sprocket, flange housing, connecting rod, connecting rod integral, rail forging, hub, knuckle, front axle beam, universal joint cross, steering and pivot arm, planetary wheel carrier, upper arm shaft, shifter fork, and rear axle spindle. The company also provides yoke shaft, double yoke, crankshaft, link, yoke, fit yoke, lever, and high pressure valves, such as body and bonnet.

M M Forgings Limited Fundamentals Summary

How do M M Forgings's earnings and revenue compare to its market cap?
522241 fundamental statistics
Market cap₹30.87b
Earnings (TTM)₹1.14b
Revenue (TTM)₹16.51b
27.2x
P/E Ratio
1.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
522241 income statement (TTM)
Revenue₹16.51b
Cost of Revenue₹7.60b
Gross Profit₹8.90b
Other Expenses₹7.77b
Earnings₹1.14b

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)23.53
Gross Margin53.95%
Net Profit Margin6.88%
Debt/Equity Ratio126.6%

How did 522241 perform over the long term?

See historical performance and comparison

Dividends

0.6%
Current Dividend Yield
20%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/20 00:08
End of Day Share Price 2026/08/20 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

M M Forgings Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Annamalai Jayaraj360 ONE Capital Market Private Limited
null nullAnand Rathi Shares and Stock Brokers Limited
Mumuksh MandleshaAnand Rathi Shares and Stock Brokers Limited