MM Forgings
NSE: MMFL · ISIN INE227C01017 · Industrials
₹651.25−17.95 (−2.68%)
Monday 9 November, 13:31 IST. Delayed. Source: Yahoo Finance.
Price chart
₹651.25 −17.95 (−2.68%) today
The day
- Previous close
- ₹669.20
- Open
- ₹655.80
- Day high
- ₹671.75
- Day low
- ₹633.00
Listed on NSE since 20 December 2006.
Key numbers
- Market value
- ₹3,231.00 Cr
- P/E (trailing)
- 19.08
- EPS (trailing)
- ₹35.07
- Price to book
- 2.91
- Dividend yield
- 0.64%
- Return on equity
- 19.3%
- Debt to equity
- 1.02
- Profit margin
- 10.9%
- Volume today
- 5.19 L
- Average volume
- 2.11 L
Source: Yahoo Finance. Ratios use the latest reported (trailing twelve-month) figures.
Revenue and profit
| Year | Revenue | Net profit |
|---|---|---|
| FY23 | ₹1,461.88 Cr | ₹127.95 Cr |
| FY24 | ₹1,563.07 Cr | ₹135.04 Cr |
| FY25 | ₹1,525.18 Cr | ₹123.22 Cr |
| FY26 | ₹1,589.87 Cr | ₹98.67 Cr |
Source: Yahoo Finance, from annual reports. Consolidated where reported. EPS before FY25 is not shown: the share count changed (a bonus, split or merger), so earlier figures would not compare.
Quarterly results
| Quarter | Revenue | Net profit | Profit vs year ago |
|---|---|---|---|
| Q2 FY27Jul–Sep 2026 | ₹537 Cr | ₹0 | −100.0% |
| Q1 FY27Apr–Jun 2026 | ₹410 Cr | ₹0 | – |
| Q4 FY26Jan–Mar 2026Audited | ₹430 Cr | ₹0 | −100.0% |
| Q3 FY26Oct–Dec 2025 | ₹414 Cr | ₹18 Cr | – |
| Q2 FY26Jul–Sep 2025 | ₹385 Cr | ₹17 Cr | – |
| Q1 FY26Apr–Jun 2025 | ₹362 Cr | ₹0 | – |
Source: MM Forgings’s results filed with NSE, consolidated (the whole group). Net profit is the share of MM Forgings’s own shareholders where the filing separates it. Profit vs year ago compares with the same quarter a year earlier; – where that quarter is not on file or made a loss.
Download results (zip) A spreadsheet of the quarterly results and balance sheets, with the original filings from NSE.
Balance sheet
| As on | September 2026 | March 2026 |
|---|---|---|
| Fixed assets | ₹1,436 Cr | ₹1,438 Cr |
| Investments | ₹15 Cr | ₹10 Cr |
| Inventories | ₹370 Cr | ₹334 Cr |
| Owed by customers | ₹496 Cr | ₹457 Cr |
| Cash and equivalents | ₹256 Cr | ₹225 Cr |
| Total assets | ₹2,666 Cr | ₹2,524 Cr |
| Borrowings | ₹1,135 Cr | ₹1,074 Cr |
| Total liabilities | ₹1,556 Cr | ₹1,546 Cr |
| Shareholders’ equity | ₹1,110 Cr | ₹978 Cr |
Source: MM Forgings’s half-yearly statements of assets and liabilities filed with NSE, consolidated. Companies file these every September and March.
About MM Forgings
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. Its products are used for passenger cars, commercial vehicles, off highway vehicles, value/oilfield, agriculture, and engineering components. The company offers its products to commercial vehicle, passenger vehicle, tractor OEs, and others customers. It exports its products. The company was formerly known as The Madras Motors Ltd and changed its name to M M Forgings Limited in 1993. M M Forgings Limited was founded in 1945 and is based in Chennai, India.
- Industry
- Metal Fabrication
- Based in
- Chennai
- Employees
- 2,327
Company website · Profile: Yahoo Finance
In the news
All newsNo headlines name MM Forgings in the last day or two.
Dividends and corporate actions
All companies- Interim Dividend - Rs 4 Per Share
Dividend · ex-date 12 June 2026
- Dividend - Rs 4 Per Share
Dividend · ex-date 30 July 2025
- Bonus 1:1
Bonu · ex-date 16 July 2024
- Interim Dividend - Rs 8 Per Share
Dividend · ex-date 14 June 2024
- Interim Dividend - Rs 6 Per Share
Dividend · ex-date 29 May 2023
- Interim Dividend - Rs 6 Per Share
Dividend · ex-date 6 June 2022 · record date 7 June 2022
- Annual General Meeting
Action · ex-date 3 September 2021
- Nterim Dividend - Rs 5 Per Share
Dividend · ex-date 1 July 2021 · record date 2 July 2021
Source: NSE. Latest first, 8 of 20.
Information only, not investment advice. Prices are delayed.