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M M FORGINGS SHARE PRICE

Sector Castings, Forgings & Fastners
BSE 522241
NSE MMFL
621.70
-6.85 (-1.09 %)
Buy
B
Sell
S
NSE BSE

Overview

1D 1W 1M 3M 6M 1Yr 3Yr 5Yr 10Yr Max
Price PE Ratio
Day Low

621.70

Day High

630.00

52 Week Low

288.10

52 Week High

687.95

All Time Low

13.50

All Time High

1,352.00

Open

625.00

Close

628.55

Volume

1,217

Mkt cap (Cr)

3,001.69

P/E ratio

17.92

P/B ratio

3.11%

Div yield

0.64%

6M return

42.87%

1Y return

85.89%

SWOT Analysis

  • S
  • W
  • O
  • T
  • Strength (7)

    Companies which are seeing rising net profit margins for both quarter and TTM

  • Weakness (6)

    Declining ROCE

  • Opportunity (1)

    FII / FPI or Institutions increasing their shareholding

  • Threats (1)

    See all stocks where MFs decreased their stake last quarter. MFs decreasing their shareholding in a stock is considered negative for the stock.

  • Companies with rising net profit margins - quarterly as well as TTM basis
  • Companies with high TTM EPS Growth
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Increasing profits every quarter for the past 3 quarters
  • Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years
  • Companies with Zero Promoter Pledge
  • Highest Recovery from 52 Week Low
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Inefficient use of assets to generate profits - ROA declining in the last 2 years
  • Declining Net Cash Flow : Companies not able to generate net cash
  • Annual net profit declining for last 2 years
  • Increasing Trend in Non-Core Income
  • FII / FPI or Institutions increasing their shareholding
  • MFs decreased their shareholding last quarter

Technical Analysis

Moving Averages

EMA SMA
  • 5 Day 620.2
  • 10 Day 622.5
  • 12 Day 623.4
  • 20 Day 623.0
  • 26 Day 619.3
  • 50 Day 594.8
  • 100 Day 549.4
  • 200 Day 495.8
621.70 -1.09%

Current Price

  • Bullish Moving Averages 11
  • Bearish Moving Averages 5

Resistance and support

626.80PIVOT
  • First Resistance 634.7
  • Second Resistance 640.9
  • Third Resistance 648.8
  • First Support 620.7
  • Second Support 612.8
  • Third Support 606.6

Company Financials

  • Profit and loss statement
  • Balance sheet
  • Quarterly Result
  • Ratio
  • CAGR IN 10 YEARS
  • 13.91%
  • 10.02%
  • 11.31%
Mar 2026 (CR)
Mar 2025 (CR)
Mar 2024 (CR)
Mar 2023 (CR)
Mar 2022 (CR)
Sales 1,545.16 1,476.96 1,527.08 1,412.78 1,104.64
Operating Profit 275.48 294.12 288.39 258.47 201.74
OP Profit Margin 17.83 19.91 18.89 18.30 18.26
Interest 78.20 61.29 42.56 29.57 27.31
Profit After Tax 113.86 136.30 145.46 126.40 91.76
Cash Profit 206.06 218.75 217.95 195.75 151.87
EPS 23.58 28.23 60.26 52.36 38.01
  • CAGR IN 10 YEARS
  • 14.10%
  • 20.91%
  • 12.71%
Mar 2026 (CR)
Mar 2025 (CR)
Mar 2024 (CR)
Mar 2023 (CR)
Mar 2022 (CR)
Equity 48.28 48.28 24.14 24.14 24.14
Reserve Surplus 982.81 885.83 792.19 666.04 553.50
TOT Debts 1,235.20 1,184.26 925.28 755.90 680.20
Gross Block 1,961.25 1,726.07 1,600.35 1,430.08 1,263.84
Capital Work In Progress 299.01 361.11 112.07 61.11 36.35
Cash Liquid Investment 223.33 217.29 209.24 205.29 224.55
Net Working Capital 715.38 686.83 626.08 512.90 439.80
Current Assets 985.34 932.64 868.46 736.47 614.62
Current Liabilities 269.95 245.81 242.38 223.57 174.82
Jun 2026 (CR)
Mar 2026 (CR)
Dec 2025 (CR)
Sep 2025 (CR)
Jun 2025 (CR)
Sales 419.69 413.34 405.33 377.68 348.81
Gross Profit 66.06 63.41 56.75 48.71 53.34
Gross Profit Margins 59.53 62.69 61.14 57.05 54.55
Operating Profit 75.02 78.15 71.64 63.14 62.54
OP Profit Margin 12.53 13.79 13.47 12.56 14.09
Interest 16.27 18.31 20.35 21.23 18.30
Profit After Tax 35.41 48.10 25.75 17.71 22.34
Cash Profit 65.17 72.80 48.25 40.21 44.84
EPS 18.98 9.95 5.33 3.67 4.63
  • CAGR IN 10 YEARS
  • 14.10%
  • 20.91%
  • 12.71%
Mar 2026 (CR)
Mar 2025 (CR)
Mar 2024 (CR)
Mar 2023 (CR)
Mar 2022 (CR)
PE 15.65 12.05 14.46 15.91 22.28
P/BV 1.73 1.76 2.58 2.91 3.54
MCAP Sales 1.15 1.11 1.38 1.42 1.85
Asset Turnover 0.70 0.76 0.95 1.04 0.96
EV/EBITDA 9.30 8.06 8.97 9.32 11.35
DEBT/EQUITY 1.23 1.21 1.12 1.13 1.12
ROE 11.59 15.57 19.31 19.94 17.02
ROCE 9.43 12.40 15.11 15.14 13.93

Quick Results Snapshot

Q1FY27 Quarterly Result Announced for M M Forgings Ltd.

Castings & Forgings company M M Forgings announced Q1FY27 results

Consolidated Financial Highlights:

  • Revenue from Operations: Stood at Rs 40,989.63 lakh in Q1FY27, representing a YoY increase of 16.83% from Rs 35,084.20 lakh in Q1FY26, and a QoQ decrease of 4.46% from Rs 42,901.50 lakh in Q4FY26.
  • Total Income: Recorded at Rs 42,675.74 lakh in Q1FY27, reflecting a growth of 16.59% YoY compared to Rs 36,603.19 lakh in Q1FY26. On a QoQ basis, it saw a marginal decline of 0.82% from Rs 43,028.27 lakh in Q4FY26.
  • Profit Before Tax (PBT): Reported at Rs 3,506.97 lakh in Q1FY27, showing a YoY growth of 26.46% as against Rs 2,773.14 lakh in Q1FY26. Sequentially, it decreased by 0.92% from Rs 3,539.69 lakh in Q4FY26.
  • Net Profit for the Period: Stood at Rs 3,417.24 lakh in Q1FY27, up 77.69% YoY from Rs 1,923.14 lakh in Q1FY26, but down 23.70% QoQ from Rs 4,478.68 lakh in Q4FY26.
  • Total Comprehensive Income (including Exceptional Items): Reached Rs 9,042.45 lakh in Q1FY27, a significant YoY increase of 370.19% from Rs 1,923.14 lakh in Q1FY26 and a QoQ growth of 102.10% from Rs 4,474.32 lakh in Q4FY26.
  • Earnings Per Share (EPS): Basic and Diluted EPS for Q1FY27 was Rs 18.73, compared to Rs 3.98 in Q1FY26 and Rs 9.27 in Q4FY26.

Standalone Financial Highlights:

  • Revenue from Operations: Reported at Rs 40,911.47 lakh in Q1FY27, an increase of 15.62% YoY from Rs 35,383.39 lakh in Q1FY26 and a decrease of 4.47% QoQ from Rs 42,827.26 lakh in Q4FY26.
  • Total Income: Stood at Rs 42,701.08 lakh in Q1FY27, reflecting a growth of 15.66% YoY compared to Rs 36,918.10 lakh in Q1FY26. It saw a slight QoQ decline of 0.94% from Rs 43,106.77 lakh in Q4FY26.
  • Profit Before Tax (PBT): Recorded at Rs 3,630.70 lakh in Q1FY27, representing a YoY growth of 30.24% from Rs 2,787.60 lakh in Q1FY26. Sequentially, PBT decreased by 3.34% from Rs 3,756.06 lakh in Q4FY26.
  • Net Profit for the Period: Stood at Rs 3,540.98 lakh in Q1FY27, reflecting an 82.75% increase YoY from Rs 1,937.60 lakh in Q1FY26, and a decrease of 24.58% QoQ from Rs 4,695.05 lakh in Q4FY26.
  • Net Profit after Comprehensive Income/Expenditure: Reached Rs 9,166.18 lakh in Q1FY27, growing by 373.07% YoY from Rs 1,937.60 lakh in Q1FY26 and 95.41% QoQ from Rs 4,690.69 lakh in Q4FY26.

Business Highlights:

  • Corporate Restructuring: Pursuant to an order from the National Company Law Tribunal, D V S Industries Private Limited (a wholly-owned subsidiary) was merged with M M Forgings Limited with an appointed date of April 1, 2024. Consequently, financial information for the current and prior periods has been restated.
  • Exceptional Items: Standalone and consolidated results for Q1FY27 include an exceptional item gain of Rs 5,625.20 lakh. This primarily includes a reversal of impairment provision for Inter-Corporate Deposits (ICD) given, amounting to Rs 40 crore.

Result PDF

Read More

Q4FY26 & FY26 Result Announced for M M Forgings Ltd.

Download PDF

Q3FY26 Quarterly Result Announced for M M Forgings Ltd.

Download PDF

Q1FY26 Quarterly Result Announced for M M Forgings Ltd.

Download PDF

Q1FY25 Quarterly Result Announced for M M Forgings Ltd.

Download PDF

FY24 Annual Result Announced for M M Forgings Ltd.

Download PDF

Shareholding Pattern

Summary

Name
Category
Shares
Share %
S LAKSHMAN Promoter 1,487,996 3.1%
LAKSHMI RAMACHANDRAN Promoter 1,135,960 2.4%
R SUBRAMONIAN Promoter 310,400 0.6%
SYNMAX CONSULTANTS AND TRADING PVT LTD Promoter 11,592,000 24.0%
KRISHNAN VIDYA SHANKAR Promoter 5,440,480 11.3%
K VENKATRAMANAN Promoter 5,169,920 10.7%
SIVASUNDAR PRIVATE LTD Promoter 1,874,400 3.9%
HDFC MUTUAL FUND Institutional 1,804,178 3.7%
TATA MUTUAL FUND Institutional 1,576,286 3.3%
SRINIVASAN V Public 845,200 1.8%
SANDHYA G PARIKH Public 667,311 1.4%
CHINMAY G PARIKH Public 659,812 1.4%
LLP Public 555,914 1.2%
CATAMARAN VENTURES LLP Public 494,061 1.0%
HUF Public 347,659 0.7%
Unclaimed or Suspense or Escrow Account Public 251,251 0.5%

Historical Promoter Summary

Promoter Holding(%)

Historical FII Holdings

FII Holding(%)

Historical MF Holdings

MF Holding(%)

Stocks Comparison
Table Chart

Company name
LTP
Market cap (Cr)
Return (1Y %)
Risk (Std. Dev.)
PE Ratio
Financial Year
M M Forgings Ltd 621.70 3,034.74 85.89 0.14 17.92 Mar 2026
Happy Forgings Ltd 2,117.30 20,280.20 118.33 0.15 61.93 Mar 2026
Kennametal India Ltd 4,285.90 9,409.98 74.08 0.28 47.98 Jun 2025
Steelcast Ltd 318.20 3,237.39 41.94 0.12 35.83 Mar 2026
Sundaram Clayton Ltd 1,254.80 2,765.91 -25.94 0.11 10.96 Mar 2026
Gala Precision Engineering Ltd 1,009.00 1,295.97 20.98 0.10 34.90 Mar 2026
Alicon Castalloy Ltd 740.00 1,197.00 -13.65 0.12 32.78 Mar 2026
Nelcast Ltd 107.72 942.57 -26.43 0.14 22.86 Mar 2026
Synergy Green Industries Ltd 603.15 915.95 6.74 - -103.24 Mar 2026
DCM Ltd 77.50 144.21 -21.89 0.19 118.78 Mar 2026
Hilton Metal Forging Ltd 16.79 84.30 -63.26 0.17 16.40 Mar 2026
Universal Autofoundry Ltd 49.60 0.00 -29.24 - -10.98 Mar 2026
View More

Corporate Action

  • Announcement
  • Board Meeting
  • Dividend
  • Split
  • Rights
  • Events
NSE Announcement

MM Forgings Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Sep 10, 2026

MM Forgings Limited has informed the Exchange about Schedule of meet

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Sep 10, 2026

we are intimating the proposed investor group call scheduled on 15 September 2026

Ex-Date Purpose Notes
2026-08-14 Quarterly Results (Revised)
2026-05-27 Audited Results & Dividend
2026-03-25 To consider Fund Raising
2026-02-13 Quarterly Results
2025-11-14 Quarterly Results
2025-08-06 Quarterly Results
2025-05-24 Audited Results & Dividend
2025-02-03 Quarterly Results
2024-10-26 Quarterly Results
2024-08-12 Quarterly Results
2024-07-17 Others To consider and approve allotment of Bonus shares
2024-05-29 Audited Results, Dividend & Bonus issue
2024-02-10 Quarterly Results (Revised)
2023-11-09 Quarterly Results
2023-08-12 Quarterly Results
2023-05-17 Audited Results & Interim Dividend (Revised)
2023-02-13 Quarterly Results
2022-11-14 Quarterly Results
2022-08-10 Quarterly Results
2022-05-25 Audited Results
2022-02-07 Quarterly Results
2021-11-08 Quarterly Results
2021-08-13 Quarterly Results
2021-06-21 Audited Results
2021-02-08 Quarterly Results
2020-11-11 Quarterly Results
2020-07-29 Audited & Quarterly Results
2020-07-27 Audited Results
2020-03-09 Interim Dividend
2020-02-13 Quarterly Results
2019-11-09 Quarterly Results
2019-11-07 Quarterly Results (Revised)
2019-08-02 Quarterly Results
2019-05-28 Audited Results & Interim Dividend
2019-02-12 Quarterly Results & Interim Dividend
2018-11-12 Quarterly Results
2018-08-13 Unaudited Financial Results
2018-05-28 Audited Results, Int. Dividend & Bonus
2018-02-05 Quarterly Results
2017-11-13 Quarterly Results
2017-08-14 Quarterly Results
2017-05-19 Audited Results
2017-02-13 Quarterly Results
2016-11-03 Quarterly Results
2016-08-11 Quarterly Results & Interim Dividend
2016-05-09 Audited Results
2016-03-10 Interim Dividend
2016-02-13 Quarterly Results
2015-11-07 Quarterly Results & Interim Dividend
2015-08-04 Quarterly Results
2015-05-18 Audited Results & Interim Dividend (Purpose Revised)
2015-02-10 Quarterly Results
2014-10-20 Quarterly Results & Interim Dividend
2014-08-04 Quarterly Results
2014-05-14 Audited Results & Interim Dividend
2014-02-05 Quarterly Results & Interim Dividend
2013-11-07 Quarterly Results
2013-08-07 Quarterly Results (Revised)
2013-05-21 Audited Results & Interim Dividend (Revised)
2013-02-04 Quarterly Results
2012-11-06 Quarterly Results
2012-08-03 Quarterly Results
2012-05-19 Audited Results & Interim Dividend
2012-01-30 Quarterly Results
2011-10-31 Quarterly Results (Revised)
2011-08-12 Quarterly Results
2011-04-22 Audited Results & Interim Dividend
2011-01-18 Quarterly Results
2010-10-18 Quarterly Results
2010-07-27 Quarterly Results
2010-05-23 Audited Results & Dividend (Revised)
2010-01-27 Quarterly Results
2009-10-21 Quarterly Results & Merger To consider the merger of 100% subsidiary Company, Srivatsa Electric and Electronic Ltd. (unlisted Company) with MM Forgings Ltd.
2009-07-29 Quarterly Results
2009-05-15 Audited Results & Dividend Board meeting Postponed from 08/05/2009 to 15/05/2009.
2009-01-30 Quarterly Results
2008-10-20 Quarterly Results
2008-07-25 Quarterly Results & Bonus issue To consider Issue of Bonus shares in the ratio of 1:1 (One Bonus Share for Every existing one Equity Share held).
2008-05-08 Audited Results (Revised)
2008-01-28 Quarterly Results
2007-10-24 Quarterly Results
2007-07-23 Quarterly Results (Revised)
2007-05-15 Dividend
2007-01-19 Quarterly Results
2006-10-23 Quarterly Results
2006-05-01 Quarterly Results
2006-01-21 Quarterly Results
2005-10-19 Quarterly Results
2005-07-27 Quarterly Results
2005-05-26 Accounts
2005-01-27 Quarterly Results To fix Record Date for issue of Bonus Shares.
2004-12-13 Bonus Issue & Others To alter the Memorandum and Articles of the company
2004-10-11 Quarterly Results
2004-07-23 Quarterly Results
2004-05-04 Accounts
2004-01-29 Quarterly Results
2003-10-13 Quarterly Results
2003-07-22 Quarterly Results
2003-05-15 Accounts
2003-01-20 Quarterly Results (Revised)
2002-10-19 Quarterly Results
2002-07-27 Quarterly Results
2002-06-29 Accounts & Dividend
2002-03-08 Interim Dividend
2002-01-29 Quarterly Results
2001-10-18 Quarterly Results (Revised)
2001-07-30 Quarterly Results
2001-06-13 Accounts & Dividend (Revised)
2001-01-27 Quarterly Results
2000-10-27 Quarterly Results
2000-07-31 Quarterly Results
2000-04-29 Accounts & Interim Dividend
2000-01-28 Quarterly Results
2000-01-25 Quarterly Results
1999-10-29 Quarterly Results
1999-08-10 Quarterly Results
1999-02-27 Quarterly Results
1999-02-05 Quarterly Results (Postpond)
1999-01-23 Quarterly Results
1998-07-10 Audited Accounts
1997-12-16 Half Yearly Results (Revised)
1997-07-17 Accounts
View More
Ex-Date Dividend Amount Dividend Type Record Date Instrument Type
2026-06-12 4 INTERIM 2026-06-12 Equity Share
2025-07-30 4 FINAL 2025-07-30 Equity Share
2024-06-14 8 FINAL 2024-06-14 Equity Share
2023-05-29 6 FINAL 2023-05-29 Equity Share
2022-06-06 6 INTERIM 2022-06-07 Equity Share
2021-07-01 5 INTERIM 2021-07-02 Equity Share
2020-03-19 5 INTERIM 2020-03-20 Equity Share
2019-06-07 2.5 INTERIM 2019-06-10 Equity Share
2019-02-22 2.5 INTERIM 2019-02-25 Equity Share
2018-06-07 5 INTERIM 2018-06-08 Equity Share
2017-12-05 5 INTERIM 2017-12-06 Equity Share
2017-06-01 1 INTERIM 2017-06-02 Equity Share
2016-08-29 5 INTERIM Equity Share
2016-03-21 3 INTERIM 2016-03-22 Equity Share
2015-11-19 3 INTERIM 2015-11-20 Equity Share
2015-05-28 3 INTERIM 2015-05-29 Equity Share
2014-11-03 3 INTERIM 2014-11-05 Equity Share
2014-05-27 2 INTERIM 2014-05-28 Equity Share
2014-02-17 2 INTERIM 2014-02-18 Equity Share
2013-05-31 3 INTERIM 2013-06-03 Equity Share
2012-05-30 3 INTERIM 2012-05-31 Equity Share
2011-05-03 3 INTERIM 2011-05-04 Equity Share
2010-08-20 1.5 FINAL Equity Share
2009-07-31 1.5 FINAL Equity Share
2008-08-12 5 FINAL Equity Share
2007-08-23 3 FINAL Equity Share
2005-08-10 3 FINAL Equity Share
2004-08-13 4.5 FINAL Equity Share
2003-08-08 4 FINAL Equity Share
View More
No Data Found
No Data Found
Event Date Event
Jul 16, 2024 Bonus
Jul 18, 2018 Bonus

Insider & Institutional Activity

  • Bulk Block Deals
  • Insider Trading & SAST
Client name
Deal Type
Date
Action
Avg. price
Quantity
Exchange
Graviton Research Capital Llp Bulk
2024-05-27
Purchase
1,259.63 129,192 NSE
Graviton Research Capital Llp Bulk
2024-05-27
Sell
1,260.09 129,192 NSE
Graviton Research Capital Llp Bulk
2023-12-18
Purchase
1,007.30 149,019 NSE
Graviton Research Capital Llp Bulk
2023-12-18
Sell
1,009.19 149,019 NSE
Kuwait Investment Authority Fund F239 Bulk
2021-04-29
Sell
463.76 137,290 NSE
Hdfc Mutual Fund Bulk
2021-01-14
Purchase
448.50 290,699 NSE
Hdfc Mutual Fund - Hdfc Balanced Advantage Fund Bulk
2021-01-14
Sell
448.50 289,978 NSE
Swiss Finance Corporation (Mauritius) Limited Bulk
2016-07-18
Sell
410.01 91,756 NSE
Swiss Finance Corporation (Mauritius) Ltd Bulk
2016-07-18
Sell
410.00 91,500 BSE
Hdfc Mutual Fund Bulk
2015-07-10
Purchase
675.00 300,000 NSE
Goel Anil Kumar Bulk
2015-07-10
Sell
675.48 199,861 NSE
Goel Seema Bulk
2015-07-10
Sell
675.63 95,653 NSE
Multiplex Capital Ltd. Bulk
2014-08-08
Purchase
318.49 63,728 NSE
Multiplex Capital Ltd. Bulk
2014-08-08
Sell
318.72 63,728 NSE
Franklin Templeton Mutual Fund A/C India Opportunties Fund Bulk
2014-07-08
Purchase
237.24 70,677 NSE
P. H. Capital Limited Bulk
2014-07-01
Purchase
261.36 70,000 NSE
P. H. Capital Limited Bulk
2014-07-01
Sell
258.37 32,000 NSE
Icici Prudential Value Fund Series Iii Bulk
2014-03-28
Purchase
107.50 902,883 BSE
Icici Prudential Tax Plan Bulk
2014-03-28
Sell
107.50 572,653 BSE
Icici Prudential Discovery Fund Bulk
2014-03-28
Sell
107.50 330,230 BSE
Hdfc Mutual Fund A/C Hdfc Midcap Opportunities Fund Bulk
2013-05-09
Sell
70.00 120,653 NSE
Hdfc Mutual Fund Bulk
2013-05-09
Sell
70.02 93,511 BSE
Hdfc Mutual Fund A/C Hdfc Midcap Opportunities Fund Bulk
2013-05-03
Sell
68.25 170,000 NSE
Hdfc Mutual Fund Bulk
2013-05-03
Sell
68.25 110,000 BSE
View More
Client name
Client Category
Action
Reported to Exchange
Quantity
Post Transaction Holding
Avg. Price
Regulation (Insider/SAST)
Mode
Hsbc Mutual Fund
Other
Disposal
2024-03-12 494,724 716,858 SAST 29(2) Market
Hsbc Mutual Fund
Other
Disposal
2024-03-12 494,886 716,858 SAST 29(2) Market
Franklin Templeton Mutual Fund
Other
Disposal
2023-04-19 200,000 1,153,721 SAST 29(2) Market
Sundaram Select Micro Cap Series Xvi Xvii & Others
Other
Acquisition
2022-05-09 80,385 649,538 SAST 29(1) Market

About M M Forgings Ltd

Stock PE (TTM)

17.92

Promoter Holding

56.34%

Book Value

201.9861

ROCE

8.72%

ROE

10.01%

MM Forgings Limited (Formerly known Madras Motors Private Limited) was incorporated in 1946. The Company went public in 1975. Originally dealing in imported motorcycles, it later diversified to establish steel forging plants. The Company`s name was changed to M M Forgings Limited in April, 1993. The Company is engaged in the manufacture of Steel Forgings. The plants for manufacture are located at Singampunari - Sivagangai District, Viralimalai - Pudukkottai District and Karanaithangal Village, Kanchipuram District, all within the state of Tamil Nadu. The Company has its machining plant in Kursi Road, Barabanki situated in the state of Uttar Pradesh. During 2001, the company has increased its installed capacity of steel forgings from 15000 tpa to 20000 tpa. The technology collaboration with Tokai Corporation of Japan has enabled the company to improve its quality and productivity. The company has completed 2 Wind farm in Muppandal and the same is expected to generated 6 Million KWHr of power each year. In 2002 the company has merged its wholly owned subsidiary viz Gears India Madaras Ltd, The production capacity of Steel Forgings is being increased from 20000 tonnes to 26500 tonnes and this is under process at the end of the financial year 2003-04.Machining capacity has also been substantially increased in line with changing customer demand. The Company acquired majority stake in the subsidiary Company, DVS Industries Private Limited during the financial year 2017-18 and DVS Industries was made wholly owned subsidiary company in FY 2018-19. The Company acquired Cafoma Autoparts Pvt. Ltd. on 15th October 2021 and was made a wholly owned subsidiary Company. Suvarchas Vidyut Pvt Ltd. was incorporated as a wholly owned subsidiary of the Company on 31st March 2022. In FY 2023-24, the Company`s wholly owned subsidiary, Cafoma Autoparts Private Limited got amalgamated with the Company from April 1, 2024 , making the Scheme of Amalgamation effective on 27 May, 2024. DVS Industries Private Limited, wholly owned subsidiary has got amalgamated with the Company on April 1, 2024 in FY 2024-25. The Board of Directors, at its meeting held on 3 February 2025, had approved the Scheme of Amalgamation of DVS Industries Private Limited, a wholly owned subsidiary, with the Company, dated 01 April 2024. The Company is currently awaiting the pronouncement of the order to give effect to the said amalgamation in 2026.

M M Forgings share price as on 21 Sep 2026 is Rs. 621.7. Over the past 6 months, the M M Forgings share price has increased by 42.87% and in the last one year, it has increased by 85.89%. The 52-week low for M M Forgings share price was Rs. 288.1 and 52-week high was Rs. 687.95.

Read More
Registered Office  

SVK Tower A/24/25 Guindy, Thiru Vi Ka Industrial Estate, Chennai, Tamil Nadu, 600032

Tel No. 91-44-71601000

Email corporate:mmforgings.com ; mmforge:mmforgings.com

Web http://www.mmforgings.com

Registrars  

Cameo Corporate Services Ltd

Tel No. 91-44-28462700

Email investor:cameoindia.com

Web www.cameoindia.com

Management  

Chairman / Executive Director / MD / CEO

Independent Non Exe. Director

Non-Exec & Non-Independent Dir

Non-Exec & Non-Independent Dir

Executive Director / JMD / WTD

Independent Non Exe. Director

Executive Director

Company Sec. & Compli. Officer

Independent Non Exe. Director

Independent Non Exe. Director

Executive Director

Listing Info  

522241

MMFL

INE227C01017

Aug

M M Forgings Ltd FAQs

You can buy M M Forgings Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy M M Forgings Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 21, 2026 09:19 AM the closing price of M M Forgings Ltd was Rs.621.70.

The latest PE ratio of M M Forgings Ltd as of Sep 21, 2026 09:19 AM is 17.92

The latest PB ratio of M M Forgings Ltd as of Sep 21, 2026 09:19 AM is 3.11

The 52-week high of M M Forgings Ltd share price is Rs. 687.95 while the 52-week low is Rs. 288.10

According to analyst recommendations, M M Forgings Ltd Share has a "Buy" rating for the long term.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Sep 21, 2026 09:19 AM, the market cap of M M Forgings Ltd stood at Rs. 3,001.69 Cr.

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