MM Forgings Ltd.

MMFL

₹339.75

-1.44% (-4.95)

Market Cap

₹1,661 Cr.

P/E

13.63

Key Ratios

Edit Ratio's

Market cap

1,661 Cr

13.63

Prom Holding

56.34 %

ROE (%)

13.67

ROCE (%)

14.43

Div Yield (%)

1.18

Sales

1,525 Cr

OPM (%)

0.19 %

Debt to Equity

1.33

Edit Ratio's

About

MM Forgings is engaged in the manufacture of Steel Forgings. The company has the expertise in … Read more

Low

303

52W Range

High

619

Timeline

Key company specific updates

Company Timeline

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Forensics

10 Yes

Positive for this company

2 Neutral

Neutral for this company

4 No

Negative for this company

1 No Data

Insufficient data to analyse

Accounting & Shareholding

Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Promoter Holding

Promoter has not sold any shares in the last 90 days
Retail Holding

Retail has been buying the stock which is usually a sign of exuberance
Revenue Recognition

Chances of aggressive revenue recognition - operating profit of company is not getting converted to cash and recievables rising faster than sales
Contingent Liabilities

Unable to calculate due to limited data

Price & Performance

Capex vs ROCE

Roce of the company has increased over the last three years
ROE

Net profit margin is responsible for roe increase over last 10 years
Share price

Share price has increased over last 10 years due to earnings
Working Capital

Working capital of the company seems to be under control
Current vs Historic Valuation

Company is trading at a discount to 3yr historic valuations
Debt

Company should not have issues servicing its debt
Sales Growth

Sales of the company has grown at a good pace
Balance Sheet Strength

Balance sheet of the company is moderately strong
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong

Revenue mix

Product Wise Break-Up

Location Wise Break-Up

Customer Segment

Operational Metrics

Quarterly Sales Volume - Casting & Forging (Tonnes)
Source
Manufacturing Capacity - Forging (MTPA)
Source
EBITDA/Tonne - Casting & Forging (Rs/ Tonne)
Source

Peer Comparison

Corporate Actions

Consolidated

DATE

DETAILS

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Suppliers

Welspun Specialty Solutions Ltd.

Customers

Ashok Leyland Ltd.
Tata Motors Ltd.
Daimler
Hyundai

FAQs on MM Forgings Ltd. Business

What does MM Forgings do?

MM Forgings specializes in producing a wide range of steel forgings in different grades, offering raw, semi-machined, and fully machined components to various industries, aiming to be a one-stop shop for customers.

Who are the competitors of MM Forgings?

MM Forgings major competitors are Nelcast, Alicon Castalloy, Rishabh Instruments, Steelcast, Synergy Green Inds., Invts & Precisn Cast, Tirupati Forge.
Market Cap of MM Forgings is ₹1,623 Crs.
While the median market cap of its peers are ₹1,103 Crs.

Is MM Forgings financially stable compared to its competitors?

MM Forgings seems to be less financially stable compared to its competitors.
Altman Z score of MM Forgings is 2.15 and is ranked 8 out of its 8 competitors.

View FAQ's On Shareprice

Global Leaders

Companies with a dominant global position in a product. Might be a sign of very strong moat.

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Oversold on RSI Basis

Stocks with RSI of less than 30.

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Company Filing

	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Annual Report	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10
Earnings Release		Mar Sep Dec
Investor Presentation	May	Jun Sep Dec
Conference Call	Mar	Mar	Mar Jun	Mar Jun Sep Dec					Mar
Conference Call SummaryCon Call Summary Powered by Gemini

Discussions & Analysis

MM Forgings Ltd.

A Chat with Mr. Vidyashankar Krishnan - MM Forgings - B&K Securities

View the discussion on ValuePickr

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Raw Material

MM Forgings Ltd.

MM Forgings Ltd.

Key Ratios

About

Timeline

Company Timeline

10 Yes

2 Neutral

4 No

1 No Data

Accounting & Shareholding

Depreciation Effect

Other Income

Pledge

Promoter Holding

Retail Holding

Revenue Recognition

Contingent Liabilities

Price & Performance

Capex vs ROCE

ROE

Share price

Working Capital

Current vs Historic Valuation

Debt

Sales Growth

Balance Sheet Strength

Margin Stability

ROCE Strength

Product Wise Break-Up

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Location Wise Break-Up

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Customer Segment

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What does MM Forgings do?

Who are the competitors of MM Forgings?

Is MM Forgings financially stable compared to its competitors?

MM Forgings Ltd.

MM Forgings Ltd.

Key Ratios

About

Timeline

Company Timeline

10 Yes

2 Neutral

4 No

1 No Data

Accounting & Shareholding

Depreciation Effect

Other Income

Pledge

Promoter Holding

Retail Holding

Revenue Recognition

Contingent Liabilities

Price & Performance

Capex vs ROCE

ROE

Share price

Working Capital

Current vs Historic Valuation

Debt

Sales Growth

Balance Sheet Strength

Margin Stability

ROCE Strength

Product Wise Break-Up

UNLOCK PREMIUM

Location Wise Break-Up

UNLOCK PREMIUM

Customer Segment

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What does MM Forgings do?

Who are the competitors of MM Forgings?

Is MM Forgings financially stable compared to its competitors?

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