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M M Forgings NSEI:MMFL Stock Report

Last Price

₹1.06k

Market Cap

₹23.8b

7D

22.8%

1Y

25.4%

Updated

19 Apr, 2024

Data

Company Financials +

MMFL Stock Overview

M M Forgings Limited, together with its subsidiaries, designs, manufactures, and sells steel forgings for passenger cars, commercial vehicles, off highway, agricultural, and high-pressure valves in India.

MMFL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance3/6
Financial Health5/6
Dividends3/6

M M Forgings Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for M M Forgings
Historical stock prices
Current Share Price₹1,057.75
52 Week High₹1,099.00
52 Week Low₹816.95
Beta1.18
1 Month Change19.40%
3 Month Change9.18%
1 Year Change25.39%
3 Year Change134.02%
5 Year Change88.78%
Change since IPO2,238.86%

Recent News & Updates

These 4 Measures Indicate That M M Forgings (NSE:MMFL) Is Using Debt Extensively

Feb 20
These 4 Measures Indicate That M M Forgings (NSE:MMFL) Is Using Debt Extensively

Recent updates

These 4 Measures Indicate That M M Forgings (NSE:MMFL) Is Using Debt Extensively

Feb 20
These 4 Measures Indicate That M M Forgings (NSE:MMFL) Is Using Debt Extensively

Investors Holding Back On M M Forgings Limited (NSE:MMFL)

Dec 19
Investors Holding Back On M M Forgings Limited (NSE:MMFL)

Should You Be Adding M M Forgings (NSE:MMFL) To Your Watchlist Today?

Jul 23
Should You Be Adding M M Forgings (NSE:MMFL) To Your Watchlist Today?

Is M M Forgings (NSE:MMFL) A Risky Investment?

Mar 23
Is M M Forgings (NSE:MMFL) A Risky Investment?

Is Now The Time To Put M M Forgings (NSE:MMFL) On Your Watchlist?

Feb 09
Is Now The Time To Put M M Forgings (NSE:MMFL) On Your Watchlist?

M M Forgings (NSE:MMFL) Could Be Struggling To Allocate Capital

Oct 12
M M Forgings (NSE:MMFL) Could Be Struggling To Allocate Capital

Increases to M M Forgings Limited's (NSE:MMFL) CEO Compensation Might Cool off for now

Sep 06
Increases to M M Forgings Limited's (NSE:MMFL) CEO Compensation Might Cool off for now

Be Wary Of M M Forgings (NSE:MMFL) And Its Returns On Capital

Jun 22
Be Wary Of M M Forgings (NSE:MMFL) And Its Returns On Capital

Could The M M Forgings Limited (NSE:MMFL) Ownership Structure Tell Us Something Useful?

Mar 15
Could The M M Forgings Limited (NSE:MMFL) Ownership Structure Tell Us Something Useful?

Has M M Forgings (NSE:MMFL) Got What It Takes To Become A Multi-Bagger?

Feb 25
Has M M Forgings (NSE:MMFL) Got What It Takes To Become A Multi-Bagger?

Estimating The Fair Value Of M M Forgings Limited (NSE:MMFL)

Feb 10
Estimating The Fair Value Of M M Forgings Limited (NSE:MMFL)

With A 2.6% Return On Equity, Is M M Forgings Limited (NSE:MMFL) A Quality Stock?

Jan 28
With A 2.6% Return On Equity, Is M M Forgings Limited (NSE:MMFL) A Quality Stock?

Announcing: M M Forgings (NSE:MMFL) Stock Increased An Energizing 106% In The Last Five Years

Jan 15
Announcing: M M Forgings (NSE:MMFL) Stock Increased An Energizing 106% In The Last Five Years

We Think M M Forgings's (NSE:MMFL) Statutory Profit Might Understate Its Earnings Potential

Jan 02
We Think M M Forgings's (NSE:MMFL) Statutory Profit Might Understate Its Earnings Potential

Here's Why M M Forgings (NSE:MMFL) Is Weighed Down By Its Debt Load

Dec 20
Here's Why M M Forgings (NSE:MMFL) Is Weighed Down By Its Debt Load

Should You Buy M M Forgings Limited (NSE:MMFL) For Its 1.1% Dividend?

Dec 06
Should You Buy M M Forgings Limited (NSE:MMFL) For Its 1.1% Dividend?

What Percentage Of M M Forgings Limited (NSE:MMFL) Shares Do Insiders Own?

Nov 23
What Percentage Of M M Forgings Limited (NSE:MMFL) Shares Do Insiders Own?

A Quick Analysis On M M Forgings' (NSE:MMFL) CEO Salary

Nov 10
A Quick Analysis On M M Forgings' (NSE:MMFL) CEO Salary

Is M M Forgings Limited's (NSE:MMFL) ROE Of 4.1% Concerning?

Oct 28
Is M M Forgings Limited's (NSE:MMFL) ROE Of 4.1% Concerning?

Has M M Forgings (NSE:MMFL) Got What It Takes To Become A Multi-Bagger?

Oct 13
Has M M Forgings (NSE:MMFL) Got What It Takes To Become A Multi-Bagger?

What To Know Before Buying M M Forgings Limited (NSE:MMFL) For Its Dividend

Jun 25
What To Know Before Buying M M Forgings Limited (NSE:MMFL) For Its Dividend

Shareholder Returns

MMFLIN Metals and MiningIN Market
7D22.8%-0.8%-2.5%
1Y25.4%55.3%44.5%

Return vs Industry: MMFL underperformed the Indian Metals and Mining industry which returned 55.3% over the past year.

Return vs Market: MMFL underperformed the Indian Market which returned 44.5% over the past year.

Price Volatility

Is MMFL's price volatile compared to industry and market?
MMFL volatility
MMFL Average Weekly Movement5.4%
Metals and Mining Industry Average Movement7.3%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.3%

Stable Share Price: MMFL has not had significant price volatility in the past 3 months.

Volatility Over Time: MMFL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19451,941Vidyashankar Krishnanwww.mmforgings.com

M M Forgings Limited, together with its subsidiaries, designs, manufactures, and sells steel forgings for passenger cars, commercial vehicles, off highway, agricultural, and high-pressure valves in India. The company offers closed die forgings, such as axle beams, steering knuckles, crankshafts, axle spindles, gear blanks, sockets, front hubs, ball studs, cross, and differential spiders. It is also involved in the exporting activities.

M M Forgings Limited Fundamentals Summary

How do M M Forgings's earnings and revenue compare to its market cap?
MMFL fundamental statistics
Market cap₹23.80b
Earnings (TTM)₹1.28b
Revenue (TTM)₹15.54b

19.9x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMFL income statement (TTM)
Revenue₹15.54b
Cost of Revenue₹7.78b
Gross Profit₹7.76b
Other Expenses₹6.48b
Earnings₹1.28b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)53.17
Gross Margin49.93%
Net Profit Margin8.26%
Debt/Equity Ratio108.5%

How did MMFL perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

11%

Payout Ratio
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