NSE · MMFL · Castings, Forgings & Fastners
MM Forgings Ltd.
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹1,605 Cr with net profit ₹99 Cr — a 6.15% net margin, versus 11.64% the period before.
Shareholding
As of 2026-06-30
- Promoter56.34%
- Public33.73%
- FII2.44%
- DII7.49%
29,930 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 1.96× from low to high.
Risk flags
Derived from disclosed data
No flags raised by the data.
Peer comparison
Castings & Forgings · ranked #12 of 57 by market cap · medians across 43 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| Bharat Forge Ltd. | ₹1,03,559 Cr | 445.7 | 10.81 | 11.12% | 6.04% |
| AIA Engineering Ltd. | ₹43,130 Cr | 109.65 | 5.37 | 15.83% | 29.16% |
| PTC Industries Limited | ₹26,981 Cr | 450.35 | 17.9 | 6.74% | 16.85% |
| CIE Automotive India Ltd. | ₹15,495 Cr | 62.17 | 2.08 | 11.1% | 8.94% |
| Happy Forgings Limited | ₹15,366 Cr | 183.81 | 7.22 | 14.17% | 19.51% |
| Ramkrishna Forgings Ltd. | ₹11,548 Cr | 205.15 | 3.5 | 2.46% | 1.69% |
| Kennametal India Limited | ₹6,341 Cr | 123.39 | 7.91 | 17.66% | 11.47% |
| Balu Forge Industries Limited | ₹5,427 Cr | 70.41 | 3.4 | 16.24% | 23.38% |
| Electrosteel Castings Ltd. | ₹4,455 Cr | 277.19 | 0.75 | 0.13% | 0.1% |
| Steelcast Limited | ₹3,061 Cr | 35.46 | 7.75 | 21.99% | 20.53% |
| MM Forgings Ltd.(this company) | ₹2,647 Cr | 59.14 | 2.71 | 10.09% | 6.23% |
AI analysis
AI-generated · google/gemini-2.5-flashMM Forgings Ltd. is listed with a market capitalization of Rs 2577 Cr. The company reported revenue of Rs 1547.83 Cr and a profit margin of 6.23%. Its price-to-earnings ratio stands at 57.57, with an EPS of 20.32. The book value per share is Rs 202.51. The stock's 52-week high was Rs 538.4 and its 52-week low was Rs 288.1.
Positives
- +The dividend yield is 75%, which is notably high.
- +Promoter shareholding is substantial at 56.3357% as of Mar 31, 2026.
- +There are no reported promoter pledges, indicating no encumbrance on promoter holdings.
Negatives
- −Revenue growth for the latest period was negative at -2.4%.
- −The profit margin is relatively low at 6.23%.
- −The debt-to-equity ratio is 1.26, indicating some reliance on debt financing.
- −The PE ratio of 57.57 is significantly higher than the EPS of 20.32, suggesting a high valuation relative to current earnings.
Financial Performance
MM Forgings Ltd. reported total revenue of Rs 1547.83 Cr, experiencing a revenue growth of -2.4%. The company's profit margin for the reported period was 6.23%. Over the past year, quarterly revenues have fluctuated, with the highest in Mar 2026 at Rs 429.65 Cr and the lowest in Jun 2025 at Rs 361.64 Cr. Net profit showed variability, peaking at Rs 44.74 Cr in Mar 2026 and falling to Rs 16.57 Cr in Sept 2025.
Profitability & Returns
The company's profitability metrics include a Return on Equity (ROE) of 10.09% and a Return on Capital Employed (ROCE) of 9.35%. This indicates the efficiency with which the company is generating profits from shareholder equity and total capital employed. The EPS is reported at Rs 20.32, with a PE ratio of 57.57.
Balance Sheet
MM Forgings Ltd. has a debt-to-equity ratio of 1.26. The book value per share is Rs 202.51. The company's dividend yield is 75%, which may indicate a significant payout relative to its share price, or a high one-off dividend.
Ownership & Pledges
As of Mar 31, 2026, promoters collectively held 56.3357% of the company's shares. Public shareholding was 33.4352%, while institutional holdings (DII and FII combined) accounted for 10.2291%. Specifically, DIIs held 8.3732% and FIIs held 1.8559%. There were no promoter shares reported as pledged.
Data as of — price: 2026-07-29 · financials: Mar 26 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.