MM Forgings Limited

Automobile and Auto Components · Auto Components

NSE: MMFL BSE: 522241
₹598.60
▼ -13.90 (-2.27%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
56/100
Moderate
Valuation
79/100
Undervalued
Momentum
32/100
Neutral

QVM read Cheap on its own multiples Quality Moderate, Valuation Undervalued, Momentum Neutral

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

Key Metrics

Market Capitalization
₹2,890 Cr
PE (TTM)
15.8
Industry median 28.1 (131 companies)
Price to Book
3.0
PEG (TTM)
0.4
Institutions holding %
9.93%
FII + DII, latest filed period
Piotroski Score
6
Relative return vs Nifty50, qtr %
49.9
Relative return vs Sector, qtr %
31.9
Free Cash Flow
₹230 Cr
as of March 31, 2026
Industry median ₹5 Cr (150 companies)
EPS Growth (YoY)
309.94%
as of June 30, 2026
Industry median 17.53% (142 companies)
Net Profit Growth (TTM)
28.65%
as of June 30, 2026
Industry median 14.69% (139 companies)
Operating Revenue Growth (TTM)
10.17%
as of June 30, 2026
Industry median 13.79% (139 companies)
Profit Growth (YoY)
310.30%
as of June 30, 2026
Industry median 16.87% (140 companies)
Revenue Growth (YoY)
17.29%
as of June 30, 2026
Industry median 18.49% (139 companies)
Current Ratio
1.18
as of March 31, 2026
Industry median 1.47 (150 companies)
Debt to Equity
1.10
as of March 31, 2026
Industry median 0.25 (145 companies)
Interest Coverage
3.52
as of June 30, 2026
Industry median 7.81 (144 companies)
Net Margin
22.40%
as of June 30, 2026
Industry median 5.96% (143 companies)
Operating Margin (EBIT)
26.60%
as of June 30, 2026
Industry median 8.86% (143 companies)
Operating Margin (TTM)
16.68%
as of June 30, 2026
Industry median 9.16% (144 companies)
Return on Assets
3.89%
as of March 31, 2026
Industry median 5.26% (142 companies)
Return on Capital Employed
11.85%
as of March 31, 2026
Industry median 14.67% (142 companies)
Return on Equity
10.03%
as of March 31, 2026
Industry median 11.19% (142 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

2 of 7 met
  • No Revenue is higher than a year earlier in each of the last 4 quarters
  • No Quality score is Strong (70 or more)
  • No Piotroski F-score is 7 or more (score 6)
  • No Debt to equity is below 0.5 (1.10)
  • No Return on equity is 15% or more (10.0%)
  • Yes Net cash flow for the latest year is positive
  • Yes Cash from operations is higher than the year before

Ownership

3 of 3 met
  • Yes FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)

Peer comparison

2 of 3 met
  • Yes 1-year return beats the industry median
  • No Revenue growth beats the industry median
  • Yes Profit growth beats the industry median

Value and momentum

1 of 6 met
  • No Price sits in the Buy zone of its own historical PE range (Fair Value Zone)
  • Yes Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
-2.3%
Low 592.0000 · High 627.5000
1W return
-2.6%
Low 592.0000 · High 627.9000
1M return
-7.9%
Low 578.2000 · High 678.0000
52W return
92.1%
Low 288.1000 · High 687.9500
Lifetime High ₹1441.6500 (June 14, 2018)
Lifetime Low ₹28.8500 (March 9, 2009)

Full price history and technicals →

EMA & SMA

Bullish2
Bearish4
5D
607.2
10D
611.1
20D
615.2
50D
598.8
100D
558.2
200D
485.4

Delivery and volume

Day avg. delivery
49.4%
Week avg. delivery
48.1%
Month avg. delivery
49.5%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

606.03
Pivot
First resistance620.07
Second resistance641.53
Third resistance655.57
First support584.57
Second support570.53
Third support549.07
Day RSI44.9
Day MFI45.4
Day MACD-2.21
Day MACD signal1.12

Beta

1M1.93
3M0.88
1Y1.32
3Y1.12

Price change analysis

↓ -7.9%
Over 1 Month
LowHigh
578.20678.00
↑ 29.5%
Over 3 Months
LowHigh
461.95687.95
↑ 47.8%
Over 6 Months
LowHigh
388.15687.95
↑ 92.1%
Over 1 Year
LowHigh
288.10687.95
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 15.8 (own history: 9.7–20.5)
Fair Value Zone
Revenue (June 30, 2026)
₹409 Cr
Net profit (June 30, 2026)
₹92 Cr
Basic EPS (June 30, 2026)
₹18.9800

Ranks #54 of 144 in Auto Components by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter56.34%
  • Mutual funds7.13%
  • FII/FPI2.44%
  • Other DII0.36%
  • Public33.73%

Largest holders

NameCategoryShares %Shares
SYNMAX CONSULTANTS AND TRADING PVT LTDPromoter24.0100%11592000
KRISHNAN VIDYA SHANKARPromoter11.2700%5440480
K VENKATRAMANANPromoter10.7100%5169920
SIVASUNDAR PRIVATE LTDPromoter3.8800%1874400
HDFC MUTUAL FUNDPublic3.7400%1804178

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 56.34% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings increased from 1.86% to 2.44% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings decreased from 7.20% to 7.13% in Jun 2026 qtr

4 mutual fund schemes also hold this stock.

All shareholding details →

Insider trading, SAST & pledges

All 10 insider trades, 6 SAST, 0 pledge events →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
12 Mar 2018 S.LAKSHMAN Promoter group Sell 0 ₹0
6 Mar 2018 S.LAKSHMAN Promoter group Sell 0 ₹0
1 Mar 2018 S.LAKSHMAN Promoter group Sell 0 ₹0
1 Mar 2018 S.LAKSHMAN Promoter group Sell 0 ₹0
27 Feb 2018 S.LAKSHMAN Promoter group Sell 0 ₹0
26 Feb 2018 S.LAKSHMAN Promoter group Sell 0 ₹0
23 Feb 2018 S.LAKSHMAN Promoter group Sell 0 ₹0
21 Feb 2018 S.LAKSHMAN Promoter group Sell 0 ₹0
19 Feb 2018 S.LAKSHMAN Promoter group Sell 0 ₹0
19 Feb 2018 S.LAKSHMAN Employee / designated person Sell 0 ₹0

All insider and SAST disclosures →

DateClientDealActionQuantityPriceExchange
27 May 2024 GRAVITON RESEARCH CAPITAL LLP Bulk Sell 129,192 1260.0900 NSE
27 May 2024 GRAVITON RESEARCH CAPITAL LLP Bulk Buy 129,192 1259.6300 NSE
20 Dec 2021 HDFC MUTUAL FUND Bulk Sell 290,699 692.5000 BSE
20 Dec 2021 HDFC MUTUAL FUND Bulk Buy 290,699 692.5000 BSE
29 Apr 2021 KUWAIT INVESTMENT AUTHORITY FUND F239 Bulk Sell 137,290 463.7600 NSE
14 Jan 2021 HDFC MUTUAL FUND - HDFC BALANCED ADVANTAGE FUND Bulk Sell 289,978 448.5000 NSE
14 Jan 2021 HDFC MUTUAL FUND Bulk Buy 290,699 448.5000 NSE
18 Jul 2016 SWISS FINANCE CORPORATION (MAURITIUS) LIMITED Bulk Sell 91,756 410.0100 NSE
18 Jul 2016 SWISS FINANCE CORPORATION (MAURITIUS) LTD Bulk Sell 91,500 410.0000 BSE
10 Jul 2015 HDFC MUTUAL FUND Bulk Buy 300,000 675.0000 NSE

All bulk and block deals →

Last 12 months ₹4.00 per share
Dividend yield 0.67%
Ex-dateSubjectPer share (₹)Record date
12 Jun 2026 Interim Dividend - Rs 4 Per Share 4.0000 12 Jun 2026
30 Jul 2025 Dividend - Rs 4 Per Share 4.0000 30 Jul 2025
14 Jun 2024 Interim Dividend - Rs 8 Per Share 8.0000 14 Jun 2024
29 May 2023 Interim Dividend - Rs 6 Per Share 6.0000 29 May 2023
6 Jun 2022 Interim Dividend - Rs 6 Per Share 6.0000 7 Jun 2022
1 Jul 2021 Nterim Dividend - Rs 5 Per Share 5.0000 2 Jul 2021
19 Mar 2020 Interim Dividend - Rs 5 Per Share 5.0000 20 Mar 2020
7 Jun 2019 Interim Dividend - Rs 2.5 Per Share 2.5000 10 Jun 2019
7 Jun 2018 Interim Dividend- Rs 5 Per Share 5.0000 8 Jun 2018
5 Dec 2017 Interim Dividend - Rs 5/- Per Share 5.0000 6 Dec 2017

Corporate Actions

Full history (40 events) →

Bonuses, splits, buybacks and other events. Dividends are listed separately above.

Ex-dateTypeSubject
16 Jul 2024BONUSBonus 1:1
18 Jul 2018BONUS Bonus 1:1
26 Sep 2008BONUSBonus - 1:1
3 Sep 2021OTHER Annual General Meeting
21 Sep 2020OTHER Annual General Meeting
21 Aug 2019OTHER Annual General Meeting
22 Feb 2019OTHER Interim Div - Rs 2.50 Per Share
18 Sep 2017OTHER Annual General Meeting

All corporate actions →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
14 Aug 2026 Financial Results Yes
7 Aug 2026 Financial Results Yes
27 May 2026 Financial Results Yes
27 May 2026 Financial Results/Dividend Yes
25 Mar 2026 Fund Raising —

Corporate Announcements

All 680 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
10 Sep 2026 Company Update MM Forgings Ltd-$ - 522241 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10 Sep 2026 Analysts/Institutional Investor Meet/Con. Call Updates MM Forgings Limited has informed the Exchange about Schedule of meet
21 Aug 2026 Analysts/Institutional Investor Meet/Con. Call Updates MM Forgings Limited has informed the Exchange about Transcript
18 Aug 2026 General Updates MM Forgings Limited has informed the Exchange about General Updates
18 Aug 2026 Analysts/Institutional Investor Meet/Con. Call Updates MM Forgings Limited has informed the Exchange about Link of Recording
17 Aug 2026 Copy of Newspaper Publication MM Forgings Limited has informed the Exchange about Copy of Newspaper Publication
15 Aug 2026 General Updates MM Forgings Limited has informed the Exchange about General Updates
14 Aug 2026 Resignation of Director/KMP/SMP MM Forgings Limited has informed the Exchange about Resignation of Director/KMP/SMP
14 Aug 2026 Change in Company Secretary/Compliance Officer MM Forgings Limited has informed the Exchange about Change in Company Secretary/Compliance Officer
14 Aug 2026 Outcome of Board Meeting MM Forgings Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Strong net profit margin (22.4%)
  • Strong revenue growth YoY (17.3%)

Weaknesses

  • High financial leverage (Debt/Equity 1.10)

Opportunities

  • PEG below 1 (0.35) -- earnings growth outpacing its own valuation

Threats

Data unavailable.

Data unavailable (no single-stock futures or options activity on record for this company).

Frequently asked questions about MM Forgings Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.