M M Forgings Ltd
₹447.95
(2.79%)
Wed, 03 Jun 2026, 11:01 am
Producer Manufacturing
Metal Fabrication
24.5KM M Forgings Share Price Live Chart
1 Day
(2.79%)
No Result Found
Summary
Market Cap
2160.84
Net Profit
121.86
P/B
1.84
Sector P/E
48.68
P/E
13.48
EV/EBITDA
8.19
Debt/Equity (Industry)
0.33
Interest Cover (Industry)
8.63
ROCE (Industry)
14.18
RONW (Industry)
13.45
ROE
13.89
ROCE
11.55
Debt/Equity
1.26
EPS (TTM)
20.32
Dividend Yield
0
Book Value
202.51
Interest Cover
3.77
Analysis
all
- Dividends per share have increased over the past 10 years.
- Dividends paid are well covered by earnings (3x coverage).
- M M Forgings's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- M M Forgings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- M M Forgings is profitable, therefore cash runway is not a concern.
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
- M M Forgings's dividend is below the markets top 25% of dividend payers in India (3.08%).
- Debt is not well covered by operating cash flow (10.1%, less than 20% of total debt).
- Debt is not covered by short term assets, assets are 0.7x debt.
- The level of debt compared to net worth has increased over the past 5 years (58.9% vs 141.7% today).
Shareholding
| Shareholders | MAR 2026 | DEC 2025 | SEPT 2025 | JUN 2025 | MAR 2025 |
|---|---|---|---|---|---|
| Promoters | 56.34 | 56.34 | 56.34 | 56.34 | 56.34 |
| FII | 1.86 | 1.74 | 1.76 | 1.80 | 3.09 |
| DII | 8.37 | 8.55 | 8.31 | 8.33 | 8.93 |
| Public | 33.44 | 33.38 | 33.60 | 33.54 | 31.65 |
| Government | 0 | 0 | 0 | 0 | 0 |
Technical Analysis
Support and Resistance
| Type | R3 | R2 | R1 | PP | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | 623.57 | 543.62 | 495.78 | 463.67 | 415.83 | 383.72 | 303.77 |
| Fibonacci | 543.62 | 513.08 | 494.21 | 463.67 | 433.13 | 414.26 | 383.72 |
| Camarilla | 469.94 | 462.61 | 455.28 | 463.67 | 440.62 | 433.29 | 425.96 |
Pivots Level: Classic
R3
+159.90
623.57
R2
+79.95
543.62
R1
+32.12
495.78
S1
-47.83
415.83
S2
-79.95
383.72
S3
-159.90
303.77
Moving Average
Period
Value
10-EMA
450.60
20-EMA
455.98
30-EMA
457.28
50-EMA
454.08
100-EMA
436.62
200-EMA
414.35
Corporate Actions
| Announcement Date | Purpose | Action | Ex Date |
|---|---|---|---|
| 27 May 2026 | board-meetings | Quarterly Results, Final Dividend | |
| 27 May 2026 | dividend | ₹4.00 Dividend /Share | 12 Jun 2026 |
| 13 Feb 2026 | board-meetings | Quarterly Results | |
| 14 Nov 2025 | board-meetings | Quarterly Results | |
| 30 Jun 2025 | dividend | Final Dividend - Rs. - 4 | 30 Jul 2025 |
| 24 May 2025 | dividend | ₹4.00 Dividend /Share | 30 Jul 2025 |
| 24 May 2025 | agm | ||
| 10 Jul 2024 | bonus | 1:1 Bonus Issue of Equity Shares | 16 Jul 2024 |
| 16 Jun 2024 | bonus | Bonus issue 1:1 | 16 Jul 2024 |
| 31 May 2024 | agm |
Peer Comparison
M M Forgings Ltd
PTC Industries Ltd
Bharat Forge Ltd
Happy Forgings Ltd
AIA Engineering Ltd
CIE Automotive India Ltd
M M Forgings Ltd About
MM Forgings is engaged in the manufacture of Steel Forgings.
Industry
Castings & Forgings
Founded
1946
Headquarters
CEO
Vidyashankar Krishnan
Employees
Contact
Website
http://www.mmforgings.com
corporate@mmforgings.com ; mmforge@mmforgings.com
Phone
91-44-71601000
Location
SVK Tower A/24/25 Guindy, Thiru Vi Ka Industrial Estate, Chennai, Tamil Nadu, 600032
M M Forgings Ltd Company History
| Year | History |
|---|---|
| 2012 |
|
| 2018 |
|
| 2022 |
|
| 2023 |
|
| 2024 |
|
Deals
| Client Name | Deal Type | Order Side | QTY | Avg Price | Date |
|---|---|---|---|---|---|
| GRAVITON RESEARCH CAPITAL LLP | bulk | Buy | 129192 | 1259.63 | 27 May 2024 |
| GRAVITON RESEARCH CAPITAL LLP | bulk | Sell | 129192 | 1260.09 | 27 May 2024 |
| GRAVITON RESEARCH CAPITAL LLP | bulk | Buy | 149019 | 1007.3 | 18 Dec 2023 |
| GRAVITON RESEARCH CAPITAL LLP | bulk | Sell | 149019 | 1009.19 | 18 Dec 2023 |
| HDFC MUTUAL FUND | bulk | Buy | 290699 | 692.5 | 20 Dec 2021 |
| HDFC MUTUAL FUND | bulk | Sell | 290699 | 692.5 | 20 Dec 2021 |
| KUWAIT INVESTMENT AUTHORITY FUND F239 | bulk | Sell | 137290 | 463.76 | 29 Apr 2021 |
| HDFC MUTUAL FUND - HDFC BALANCED ADVANTAGE FUND | bulk | Sell | 289978 | 448.5 | 14 Jan 2021 |
| HDFC MUTUAL FUND | bulk | Buy | 290699 | 448.5 | 14 Jan 2021 |
| SWISS FINANCE CORPORATION (MAURITIUS) LTD | bulk | Sell | 91500 | 410 | 18 Jul 2016 |