M M Forgings Limited
NSE: MMFLMarket Closed • NSE
Day range
52 week range
M M Forgings Limited closed at INR528.25 (+0.66%) on volume 0.34x its 20-day average, trading 23.21% below its 52-week high.
2026-Q1
Q1 FY2026 Financial Results
PAT moved +154.9% QoQ
2026-06-12
DIVIDEND Announced
Interim Dividend - Rs 4 Per Share
2025-07-30
DIVIDEND Announced
Dividend - Rs 4 Per Share
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
Hover over the chart for exact reported values. Percentage lines use the right-hand axis.
A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
High Cash Flow Conversion: CFO/PAT averaged 1.58x over last 3 years
Attractive Valuation: P/E of 15.1x trades below sector historical averages
Risks
Subject to cyclical raw material and macro industry pressures
Bull case
Market Leadership: Established operational scale in Metal Fabrication.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Complete dividend, bonus, split, rights and other action history
| Record date | Corporate action | Information | Announcement date | Ex-date |
|---|---|---|---|---|
| 12 Jun 2026 | Dividend | ₹4.00 / share | — | 12 Jun 2026 |
| 30 Jul 2025 | Dividend | ₹4.00 / share | — | 30 Jul 2025 |
| 16 Jul 2024 | Bonus issue | 1:1 bonus ratio | — | 16 Jul 2024 |
| 14 Jun 2024 | Dividend | ₹8.00 / share | — | 14 Jun 2024 |
| 29 May 2023 | Dividend | ₹6.00 / share | — | 29 May 2023 |
| 07 Jun 2022 | Dividend | ₹6.00 / share | — | 06 Jun 2022 |
| — | Annual General Meeting | Annual General Meeting | — | 03 Sept 2021 |
| 02 Jul 2021 | Dividend | ₹5.00 / share | — | 01 Jul 2021 |
| — | Annual General Meeting | Annual General Meeting | — | 21 Sept 2020 |
| 20 Mar 2020 | Dividend | ₹5.00 / share | — | 19 Mar 2020 |
| — | Annual General Meeting | Annual General Meeting | — | 21 Aug 2019 |
| 10 Jun 2019 | Dividend | ₹2.50 / share | — | 07 Jun 2019 |
| 25 Feb 2019 | Dividend | ₹2.50 / share | — | 22 Feb 2019 |
| 19 Jul 2018 | Bonus issue | 1:1 bonus ratio | — | 18 Jul 2018 |
| 08 Jun 2018 | Dividend | ₹5.00 / share | — | 07 Jun 2018 |
| 06 Dec 2017 | Dividend | ₹5.00 / share | — | 05 Dec 2017 |
| — | Annual General Meeting | Annual General Meeting | — | 18 Sept 2017 |
| 02 Jun 2017 | Dividend | ₹1.00 / share | — | 01 Jun 2017 |
| — | Dividend | ₹5.00 / share | — | 29 Aug 2016 |
| 22 Mar 2016 | Dividend | ₹3.00 / share | — | 21 Mar 2016 |
| 20 Nov 2015 | Dividend | ₹3.00 / share | — | 19 Nov 2015 |
| — | Annual General Meeting | Annual General Meeting | — | 17 Aug 2015 |
| 29 May 2015 | Dividend | ₹3.00 / share | — | 28 May 2015 |
Traded volume and delivery percentage across the latest 20 sessions
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
 Larsen & Toubro LimitedLT Open analysis | ₹4.99L | 30.09 | 1.05% | ₹67,942.00 | ₹4,988.00 | +6.69% | +15.52% |
 Adani Ports and Special Economic Zone LimitedADANIPORTS Open analysis | ₹4.03L | 29.88 | 0.43% | ₹10,821.00 | ₹3,650.00 | +18.57% | +10.24% |
 Hindustan Aeronautics LimitedHAL Open analysis | ₹3.34L | 35.79 | 0.92% | ₹5,515.00 | ₹1,590.00 | +14.44% | +14.88% |
 Bharat Electronics LimitedBEL Open analysis | ₹2.75L | 44.86 | 0.66% | ₹5,547.00 | ₹1,055.00 | +24.93% | +8.88% |
 InterGlobe Aviation LimitedINDIGO Open analysis | ₹1.81L | — | 0.00% | ₹24,584.10 | -₹237.60 | +19.95% | -110.92% |
 Bharat Heavy Electricals LimitedBHEL Open analysis | ₹1.51L | 52.55 | 0.32% | ₹7,697.72 | ₹381.91 | +40.29% | +183.84% |
ABB India LimitedABB Open analysis | ₹1.44L | 92.64 | 0.43% | ₹3,559.00 | ₹362.00 | +21.05% | +2.84% |
 CG Power and Industrial Solutions LimitedCGPOWER Open analysis | ₹1.33L | 106.68 | 0.16% | ₹3,281.00 | ₹308.00 | +14.00% | +15.36% |
M M Forgings Limited, together with its subsidiaries, manufactures and sells steel forgings in India. The company offers sprocket, flange housing, connecting rod, 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. It also provides yoke shaft, double yoke, crankshaft, link, yoke, fit yoke, lever, and high pressure valves body and bonnet. The company's products are used for passenger cars, commercial vehicles, off highway vehicles, value/oilfield, agriculture, and engineering components. 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.
IndiaIndustrials
Is M M Forgings Limited Shariah compliant?
M M Forgings Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (42.1%) exceeds AAOIFI threshold (≤ 33%).
What is M M Forgings Limited's current valuation relative to peers?
M M Forgings Limited trades at a P/E of 15.1x compared to the sector median of 28.1x, and a Price-to-Book of 2.6x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 1.27x. Interest coverage is 2.3x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.