MM Forgings Limited

Automobile and Auto Components · Auto Components

NSE: MMFL BSE: 522241

₹552.50

Oct. 5, 2026 · NSE · nse_bhavcopy

Peers in Auto Components

The largest companies in the same industry by market cap. This company ranks #55 of 144. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Samvardhana Motherson International Limited	165,177	92.6	9.4%	47.3%	0.38%	57	21	51
Bosch Limited	132,614	56.3	18.7%	15.9%	0.60%	84	0	50
Bharat Forge Limited	87,634	107.1	11.4%	48.5%	0.46%	50	0	63
UNO Minda Limited	63,579	67.4	17.7%	-17.6%	0.24%	67	0	30
Schaeffler India Limited	60,099	46.5	18.2%	-8.8%	—	80	23	30
MRF Limited	52,306	22.3	11.5%	-19.0%	0.19%	69	73	14
Sona BLW Precision Forgings Limited	49,576	66.4	10.3%	92.4%	0.43%	74	21	86
Tube Investments of India Limited	44,908	54.9	7.9%	-26.4%	0.15%	71	28	8
MM Forgings Limited (this stock)	2,668	14.6	10.0%	79.7%	0.72%	56	79	32

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹3,519 Cr

EV / EBITDA

9.6x

EV / Sales

2.19x

Market cap / Sales

1.66x

Earnings yield

6.87%

Quarterly Financials

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Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 427 Cr, up 19.3% YoY.

↑ Positive

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 92 Cr, up 310.3% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	409	93	92	₹18.9800
March 31, 2026	413	39	48	₹9.9500
Dec. 31, 2025	405	34	26	₹5.3300
Sept. 30, 2025	378	26	18	₹3.6700
June 30, 2025	349	31	22	₹4.6300
March 31, 2025	355	43	36	₹7.5100
Dec. 31, 2024	364	44	32	₹6.5700
Sept. 30, 2024	389	49	36	₹7.4400
June 30, 2024	369	44	32	₹13.4300
March 31, 2024	389	52	39	₹16.0000
Dec. 31, 2023	388	54	38	₹15.7500
Sept. 30, 2023	384	51	37	₹15.1700
June 30, 2023	366	41	30	₹12.4600

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	427	417	411	384	358	363	370	398	375	396	394	389	372
Operating revenue	409	413	405	378	349	355	364	389	369	389	388	384	366
Other income	18	4	5	7	9	8	6	8	7	7	7	5	6
Operating expenses	345	335	334	315	286	282	291	313	297	313	313	312	303
Operating profit	64	78	72	63	63	72	73	77	72	75	75	72	62
Operating profit margin	15.8%	18.9%	17.7%	16.7%	17.9%	20.4%	20.1%	19.7%	19.4%	19.4%	19.3%	18.7%	17.0%
Depreciation	30	25	22	22	22	23	20	20	19	18	18	18	18
Interest	16	18	20	21	18	15	15	16	15	13	11	9	10
Exceptional items, gain / (loss)	56	-0	—	—	—	0	0	—	—	1	—	—	0
Profit before tax	93	39	34	26	31	43	44	49	44	52	53	51	41
Tax	1	-9	8	8	8	7	12	13	12	14	16	14	11
Net profit	92	—	26	18	22	—	32	36	32	39	38	37	30
EPS	18.98	9.95	5.33	3.67	4.63	7.51	6.57	7.44	13.43	16.00	15.75	15.17	12.46
Net profit (TTM)	—	—	—	—	—	—	139	145	146	143	135	131	126
EPS (TTM)	37.93	23.58	21.14	22.38	26.15	34.95	43.44	52.62	60.35	59.38	55.93	54.21	52.24

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	1,545	130	114
March 31, 2025	1,477	180	136
March 31, 2024	1,527	199	145
March 31, 2023	1,409	175	126

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	3.1%	16.0%	1,570^†	1,507^†	1,552^†	1,431^†	1,123^†	747^†	746^†	920^†	633^†	490^†
Operating revenue	3.1%	16.3%	1,545	1,477	1,527	1,409	1,103^†	726^†	727^†	904^†	621^†	478^†
Other income	—	—	25^†	30^†	25^†	22^†	20^†	22^†	19^†	16^†	12^†	11^†
Operating expenses	—	—	1,270^†	1,183^†	1,242^†	1,154^†	903^†	604^†	602^†	731^†	—	—
Operating profit	2.5%	17.8%	275^†	294^†	285^†	256^†	200^†	121^†	125^†	173^†	—	—
Operating profit margin	—	—	17.8%^†	19.9%^†	18.7%^†	18.1%^†	18.2%^†	16.7%^†	17.2%^†	19.2%^†	—	—
Depreciation	—	—	92^†	82^†	70^†	68^†	60^†	57^†	53^†	54^†	—	—
Interest	—	—	78^†	61^†	42^†	29^†	27^†	31^†	33^†	26^†	13^†	10^†
Exceptional items, gain / (loss)	—	—	-0^†	0^†	1^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	-9.4%	18.8%	130	180	199	175	133^†	55^†	57^†	109^†	82^†	55^†
Tax	—	—	16^†	44^†	55^†	49^†	21^†	—	11^†	27^†	14^†	12^†
Net profit	-3.2%	19.6%	114	136	145	126	112^†	47^†	46^†	81^†	69^†	43^†
EPS	-23.2%	4.1%	23.58^†	34.95^†	59.38^†	52.02^†	46.30^†	19.30^†	—	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	17.8%^†	19.9%^†	18.7%^†	18.1%^†	18.2%^†	16.7%^†	17.2%^†	19.2%^†	—	—
EBIT margin	13.5%^†	16.3%^†	15.8%^†	14.5%^†	14.5%^†	11.9%^†	12.4%^†	14.9%^†	15.3%^†	13.6%^†
PBT margin	8.4%	12.2%	13.1%	12.4%	12.0%^†	7.6%^†	7.9%^†	12.0%^†	13.2%^†	11.5%^†
Net margin	7.4%	9.2%	9.5%	8.9%	10.1%^†	6.4%^†	6.4%^†	9.0%^†	11.0%^†	9.1%^†
Interest coverage	2.66x^†	3.94x^†	5.71x^†	6.98x^†	5.87x^†	2.76x^†	2.74x^†	5.15x^†	7.49x^†	6.54x^†
Dividend payout	17.0%^†	22.9%^†	10.1%^†	11.5%^†	10.8%^†	0.0%^†	—	—	—	—
Earnings retention	83.0%^†	77.1%^†	89.9%^†	88.5%^†	89.2%^†	100.0%^†	—	—	—	—
Current ratio	1.15x	2.28x	—	—	—	—	—	—	—	—
Quick ratio	0.79x	1.50x	—	—	—	—	—	—	—	—
Debt to equity	1.04x	0.72x	—	—	—	—	—	—	—	—
Return on equity	11.0%	14.6%	—	—	—	—	—	—	—	—
Return on assets	4.5%	5.7%	—	—	—	—	—	—	—	—
Return on capital employed	12.4%^†	12.3%^†	—	—	—	—	—	—	—	—
Asset turnover	0.61x	0.61x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	242	-156	-80	242
March 31, 2025	191	-330	147	191
March 31, 2024	145	-201	63	145
March 31, 2023	121	-156	16	121
March 31, 2022	147	-126	17	147

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	2,549	1,031	983	477	596	998	867	222	1,004	314
March 31, 2025	2,404	934	886	67	603	998	438	217	861	339
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.