M M Forgings Ltd
NSE: MMFL BSE: 522241
₹447.95
(2.79%)
Wed, 03 Jun 2026, 05:45 pm
Market Cap21.61B
PE Ratio22.05
Dividend0.89
Producer Manufacturing
Metal Fabrication
24.5KM M Forgings Analysis
dividend
- 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%).
- 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%).
health
- 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.
- M M Forgings is profitable, therefore cash runway is not a concern.
- M M Forgings's cash and other short term assets cover its long term commitments.
- Interest payments on debt are well covered by earnings (EBIT is 3.8x coverage).
- 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).
- M M Forgings's level of debt (141.7%) compared to net worth is high (greater than 40%).
- High level of physical assets or inventory.
management
- The tenure for the M M Forgings board of directors is about average.
- Vidyashankar's remuneration is higher than average for companies of similar size in India.
- Vidyashankar's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
misc
- M M Forgings is not covered by any analysts.
- M M Forgings has significant price volatility in the past 3 months.
past
- M M Forgings's year on year earnings growth rate has been positive over the past 5 years.
- M M Forgings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- M M Forgings used its assets less efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
- M M Forgings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
- M M Forgings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- M M Forgings's 1-year earnings growth is negative, it can't be compared to the IN Metals and Mining industry average.
value
- M M Forgings is good value based on earnings compared to the IN Metals and Mining industry average.
- M M Forgings is good value based on earnings compared to the India market.
- M M Forgings's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- M M Forgings's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- M M Forgings is overvalued based on assets compared to the IN Metals and Mining industry average.
- 522241 underperformed the Metals and Mining industry which returned -28.6% over the past year.
- 522241 underperformed the Market in India which returned -14.5% over the past year.
- BSE:522241 is up 3% underperforming the Metals and Mining industry which returned 7.5% over the past month.
- BSE:522241 is up 3% underperforming the market in India which returned 8% over the past month.