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M M Forgings Ltd

Wed 30/04/2025,15:59:54 | NSE : MMFL

₹ 342.25-1.60 (-0.47%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 345.30

Previous Close

₹ 343.85

Volume

22029

Mkt Cap ( Rs. Cr)

₹1652.44

High

₹ 345.55

Low

₹ 337.55

52 Week High

₹ 729.80

52 Week Low

₹ 303.00

Book Value Per Share

₹ 176.37

Dividend Yield

2.34

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on M M Forgings Ltd

Your Vote -

Buy

28.57%

Hold

42.86%

Sell

28.57%

28.57%

7 users have voted

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Option Chain

Analyzes market sentiment, predicts M M Forgings Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • M M Forgings Ltd. - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

    26 Apr 2025, 11:59AM <b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'><tr> <td><b>Sr. No.</b></td
  • M M Forgings Ltd. - Disclosure under SEBI Takeover Regulations

    24 Apr 2025, 7:18PM Ajay S. Ramachandran has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substant
  • M M Forgings Ltd. has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    16 Apr 2025, 7:41PM As of March 2025, 56.33% is owned by Indian Promoters and 43.66% by Public. <p align=justify> Top five Promoters holding highest number of shares of M
  • M M Forgings Ltd. - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    10 Apr 2025, 11:52AM MM Forgings Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31
  • M M Forgings Ltd. - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    10 Apr 2025, 11:50AM Compliance Certificate under Reg 74(5) of the SEBI (DP) Regulations for the quarter ended 31 March 2025
  • M M Forgings Ltd. - Copy of Newspaper Publication

    8 Apr 2025, 4:42PM MM Forgings Limited has informed the Exchange about Copy of Newspaper Publication in connection with notice of postal Ballot
  • M M Forgings Ltd. - Notice Of Shareholders Meetings-XBRL

    7 Apr 2025, 7:01PM MM FORGINGS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot
  • M M Forgings Ltd. - Shareholders meeting

    7 Apr 2025, 6:45PM MM Forgings Limited has informed the Exchange regarding Notice of Postal Ballot
  • M M Forgings Ltd. - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    7 Apr 2025, 6:41PM Notice of Postal Ballot
  • M M Forgings Ltd. - Trading Window-XBRL

    26 Mar 2025, 10:20AM MM FORGINGS LIMITED has informed the Exchange about Closure of Trading Window
  • M M Forgings Ltd. - Trading Window

    26 Mar 2025, 10:11AM MM Forgings Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
  • M M Forgings Ltd. - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    24 Mar 2025, 12:09PM MM FORGINGS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
  • M M Forgings Ltd. - General Updates

    21 Mar 2025, 11:56PM Approval of Reconsitution of Committee of Board of Directors effective 31 March 2025
  • M M Forgings Ltd. - Approval Of Reconstitution Of Committees Of Board Of Directors Effective 31 March 2025

    21 Mar 2025, 11:55PM Approval of Reconstitution of Committee of Board of Directors effective 31 March 2025.
  • M M Forgings Ltd. - Postal Ballot As Per Section 110 Of The Companies Act, 2013

    21 Mar 2025, 11:48PM Postal Ballot as per Section 110 of the Companies Act, 2013
  • M M Forgings Ltd. - General Updates

    21 Mar 2025, 11:48PM MM Forgings Limited has informed the Exchange on the approval of postal ballot
  • M M Forgings Ltd. - Change in Director(s)

    21 Mar 2025, 11:41PM MM Forgings Limited has informed the Exchange regarding Change in Director(s) of the company.
  • M M Forgings Ltd. - Announcement under Regulation 30 (LODR)-Change in Directorate

    21 Mar 2025, 11:41PM Appointment of Smt. Rama Sivaraman as an Additional Director (Non-Executive Independent Director) effective 31 March 2025
  • M M Forgings Ltd. - General Updates

    21 Mar 2025, 5:10PM MM Forgings Limited has informed the Exchange on the update of the Postal Ballot notice dated 03 February 2025
  • M M Forgings Ltd. - Board Approved To Withdraw The Notice Of Postal Ballot.

    21 Mar 2025, 4:54PM In continuation to our intimation dated 03 Feb 2025, Smt. Shyamala, DIN 10895827, who was appointed as NEID effective 31 March 2025 has communicated t
  • M M Forgings Ltd. - Change in Director(s)

    21 Mar 2025, 3:48PM MM Forgings Limited has informed the Exchange regarding Change in Director(s) of the company.
  • M M Forgings Ltd. - Announcement under Regulation 30 (LODR)-Change in Directorate

    21 Mar 2025, 3:47PM This is to inform that Smt. Shyamala S (DIN 10895827) has today communicated to the Board of Directors that she will be unable to accept the position
  • M M Forgings Ltd. - Amalgamation/Merger

    5 Feb 2025, 3:38PM MM Forgings Limited has informed the Exchange about Amalgamation/Merger
  • M M Forgings Ltd. - Copy of Newspaper Publication

    5 Feb 2025, 3:21PM MM Forgings Limited has informed the Exchange about Copy of Newspaper Publication - Unaudited financials results Q3F25
  • M M Forgings Ltd. - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

    5 Feb 2025, 3:40PM We are submitting the scheme of amalgamation of DVS Industries Private Limited with MM Forgings limited pursuant to Regulation 37(6) of the SEBI LODR
  • M M Forgings Ltd. - Amalgamation/Merger

    3 Feb 2025, 9:35PM MM Forgings Limited has informed the Exchange about Amalgamation/Merger
  • M M Forgings Ltd. - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    3 Feb 2025, 9:32PM MM FORGINGS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
  • M M Forgings Ltd. - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

    3 Feb 2025, 9:03PM Announcement under Regulation 30 of Listing Regulations - Board at their meeting held today 3 February 2025 approved the modified scheme of amalgamati
  • M M Forgings Ltd. - General Updates

    3 Feb 2025, 8:40PM Investor presentation for Q3F25 as approved by Board at their meeting held today 3 Feb 2025
  • M M Forgings Ltd. - Announcement under Regulation 30 (LODR)-Investor Presentation

    3 Feb 2025, 8:37PM We are submitting Investors presentation for Q3F25 as approved by the Board at their meeting held today 3 February 2025
  • M M Forgings Ltd. - General Updates

    3 Feb 2025, 8:28PM Postal Ballot as per Section 110 of the Companies Act, 2013
  • M M Forgings Ltd. - Postal Ballot As Per Section 110 Of The Companies Act, 2013

    3 Feb 2025, 8:27PM Postal Ballot as per Section 110 of the Companies Act 2013
  • M M Forgings Ltd. - Announcement under Regulation 30 (LODR)-Change in Directorate

    3 Feb 2025, 8:23PM The Board at their meeting held today 03 Feb 2025 approved the appointment of Smt. Shyamala S as Non-Executive Independent Director effective 31 March
  • M M Forgings Ltd. - Change in Director(s)

    3 Feb 2025, 8:21PM MM Forgings Limited has informed the Exchange regarding Change in Director(s) of the company.
  • M M Forgings Ltd. - Change in Director(s)

    3 Feb 2025, 8:19PM MM Forgings Limited has informed the Exchange regarding Change in Director(s) of the company.
  • M M Forgings Ltd. - Announcement under Regulation 30 (LODR)-Change in Directorate

    3 Feb 2025, 7:58PM The Board of Directors at their meeting held today 03 Feb 2025 took note of the completion of tenure of Smt. Kavitha Vijay as an Independent Director
  • M M Forgings Ltd. - Integrated Filing- Financial

    3 Feb 2025, 7:51PM We are submitting Integrated financials for Q3FY25
  • M M Forgings Ltd. - Outcome of Board Meeting

    3 Feb 2025, 7:46PM MM Forgings Limited has informed the Exchange regarding Outcome of Board Meeting held on February 03, 2025.
  • M M Forgings Ltd. - Integrated Filing (Financial)

    3 Feb 2025, 7:43PM We are submitting Integrated filing (Financials) for the quarter and period ending 31 December 2024.
  • M M Forgings Ltd. - Outcome of Board Meeting

    3 Feb 2025, 7:32PM MM Forgings Limited has informed the Exchange regarding Board meeting held on February 03, 2025.
  • M M Forgings Ltd. - Board Meeting Outcome for Duly Approved By Board Of Directors Held On 03 February 2025

    3 Feb 2025, 7:32PM Outcome of Board Meeting held 03 February 2025
  • M M Forgings Q3 net profit down 16.60% at Rs 31.71 cr

    3 Feb 2025, 7:31PM The company reported standalone net profit of Rs 31.71 crore for the quarter ended December 31, 2024 as compared to Rs 38.02 crore in the same period
  • M M Forgings Ltd. - Results Q3F25

    3 Feb 2025, 7:28PM We are submitting the unaudited financials results for Q3F35 as approved by the Board at their meeting held today, 3 Feb 2025 along with the outcome
  • M M Forgings Ltd. - Financial Result Updates

    3 Feb 2025, 7:28PM MM Forgings Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • MM Forgings

    8 Feb 2022 , 9:39AM The company reported strong Q3FY22 results. The company recorded sharply higher profit at Rs29.4cr (up 88.5% y-o-y) in Q3FY22 against Rs15.6cr in Q3FY21, revenue surged to Rs293.1cr (up 31.4% y-o-y) from Rs223cr yoy.

Key fundamentals

Evaluate the intrinsic value of M M Forgings Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 1621.3648 1339.5144 1169.1015 1032.7076 959.6481
Liabilities 1621.3648 1339.5144 1169.1015 1032.7076 959.6481
Equity 24.1408 24.1408 24.1408 24.1408 24.1408
Gross Profit 288.3969 255.5385 201.7398 121.294 125.1912
Net Profit 145.4612 125.5887 91.7599 46.6072 46.2376
Cash From Operating Activities 144.5544 114.1661 147.2833 10.2305 267.2398
NPM(%) 9.52 8.91 8.3 6.42 6.35
Revenue 1527.0828 1409.2792 1104.6448 725.6477 727.2913
Expenses 1238.6859 1153.7407 902.905 604.3537 602.1001
ROE(%) 17.08 14.74 10.77 5.47 5.42

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
14 Jun 2024 8 80 2.34 1269.55
29 May 2023 6 60 2.34 883
06 Jun 2022 6 60 2.34 814.15
01 Jul 2021 5 50 2.34 602.05
19 Mar 2020 5 50 2.34 320.55
07 Jun 2019 2.5 25 2.34 535.55
22 Feb 2019 2.5 25 2.34 476.25
07 Jun 2018 5 50 2.34 1182.9
05 Dec 2017 5 50 2.34 897.95
01 Jun 2017 1 10 2.34 606.2
29 Aug 2016 5 50 2.34 443
21 Mar 2016 3 30 2.34 421.6
19 Nov 2015 3 30 2.34 521.6
28 May 2015 3 30 2.34 685.55
03 Nov 2014 3 30 2.34 483.05
27 May 2014 2 20 2.34 140.8
17 Feb 2014 2 20 2.34 105.8
31 May 2013 3 30 2.34 81.5
30 May 2012 3 30 2.34 92.7
20 Aug 2010 1.5 15 2.34 72.75
31 Jul 2009 1.5 15 2.34 42.9
12 Aug 2008 5 50 2.34 139.7
23 Aug 2007 3 30 2.34 160.8
11 Jul 2001 0 40 2.34 51
0 40 2.34 106.2
0 40 2.34 71.8

Peers

Other companies within the same industry or sector that are comparable to M M Forgings Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Eimco Elecon (India) Ltd 1739.70 0.81 20.52 196.44 847.84 0.00
CIE Automotive India Ltd 405.95 -1.23 19.17 12919.17 218.13 1.72
Action Construction Equipment Ltd 1168.50 -3.77 35.77 4055.37 1377.86 0.17
Hercules Hoists Ltd 151.33 -2.87 13.06 1089.76 1124.23 2.64

Company Info

M M Forgings Ltd. is engaged in the manufacture of steel forgings. In 1993-94, it has achieved a turnover of Rs 14.77 crore and profit after tax of Rs 0.92 crore. 2005 - M M Forgings has given the Bonus in the Ratio of 1:1 2008 -The Company has issued Bonus Shares in the Ratio of 1:1. 2009 -MM Forgings have recommended a dividend of 15%. 2010 --MM Forgings have recommended a dividend of 15%. 2011 -MM Forgings has declared an Interim Dividend of Rs. 3/- Per Equity Share. 2012 -Shri A Gopalakrishnan was appointed as a Director of the company. 2018 -The Company has issued Bonus Shares in the Ratio of 1:1. 2022 -India's Most Admirable Brand 2022 by The Brand Story - TBS India 2023 -Best Suppliers Award by Ashok Leyland 2024 -The Company has issued Bonus Shares in the Ratio of 1:1.

M M Forgings Ltd. is engaged in the manufacture of steel forgings. In 1993-94, it has achieved a turnover of Rs 14.77 crore and profit after tax of Rs 0.92 crore. 2005 - M M Forgings has given the Bonus in the Ratio of 1:1 2008 -The Company has issued Bonus Shares in the Ratio of 1:1. 2009 -MM Forgings have recommended a dividend of 15%. 2010 --MM Forgings have recommended a dividend of 15%. 2011 -MM Forgings has declared an Interim Dividend of Rs. 3/- Per Equity Share. 2012 -Shri A Gopalakrishnan was appointed as a Director of the company. 2018 -The Company has issued Bonus Shares in the Ratio of 1:1. 2022 -India's Most Admirable Brand 2022 by The Brand Story - TBS India 2023 -Best Suppliers Award by Ashok Leyland 2024 -The Company has issued Bonus Shares in the Ratio of 1:1.

Read More

Parent Organisation

M M Forgings Ltd.

Founded

21/02/1946

Managing Director

Mr.Vidyashankar Krishnan

NSE Symbol

MMFLEQ

FAQ

The current price of M M Forgings Ltd is ₹ 342.25.

The 52-week high for M M Forgings Ltd is ₹ 345.55 and the 52-week low is ₹ 337.55.

The market capitalization of M M Forgings Ltd is currently ₹ 1652.44. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy M M Forgings Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in M M Forgings Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase M M Forgings Ltd shares.

The CEO of M M Forgings Ltd is Mr.Vidyashankar Krishnan, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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