MM Forgings Limited (MMFL) fundamentals
MM Forgings Limited is a listed company in Auto Components, part of the Automobile and Auto Components sector, listed on the NSE as MMFL (ISIN INE227C01017). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.
What MM Forgings Limited does
MM Forgings Limited is engaged in the manufacture of steel forgings. The Company’s product categories include Passenger Cars, Commercial Vehicles, Agricultural, Off-Highway, and High Pressure Values. The Passenger Cars category includes products, such as sprocket, flange housing, connecting rod, rail forging, hub, and knuckle. The Commercial Vehicles category includes products, such as front axle beam, universal joint cross, steering arm, planetary wheel carrier, pivot arm, upper arm shaft, shifter fork, and rear axle spindle. The Agricultural category includes products such as yoke shaft, double yoke, crankshaft-single-cylinder, crankshaft-three-cylinder, crankshaft-six-cylinder, and crankshaft-two-cylinder. The Off Highway category includes products, such as link, lever, fit yoke, and yoke. The High Pressure Values category includes products, such as the body and bonnet. The Company has its machining plant in Kursi Road, Barabanki, situated in the state of Uttar Pradesh.
Valuation and market data
| Last close | ₹480.00 |
|---|---|
| Market capitalisation | ₹2,317 crore |
| Enterprise value | ₹2,738 crore |
| P/E (TTM) | 23.48 |
| Price to book | 2.38 |
| Price to sales (TTM) | 0.82 |
| Book value per share | ₹202.10 |
| Dividend yield | 83.33% |
| Sector | Automobile and Auto Components |
| Industry | Auto Components |
| Listed since | Wed Dec 20 |
Annual results
| Period | Revenue | Profit before tax | Net profit | EPS |
|---|---|---|---|---|
| Mar 2026 | ₹1,605 crore | ₹115 crore | ₹99 crore | 20.44 |
| Mar 2025 | ₹1,548 crore | ₹166 crore | ₹123 crore | 25.52 |
| Mar 2024 | ₹1,584 crore | ₹189 crore | ₹135 crore | 55.94 |
| Mar 2023 | ₹1,474 crore | ₹177 crore | ₹128 crore | 53.00 |
| Mar 2022 | ₹1,154 crore | ₹129 crore | ₹91 crore | 37.69 |
Figures are as reported (consolidated), in ₹ crore.
Shareholding pattern
As of Sep 2026:
| Promoters | 56.3% |
|---|---|
| Foreign institutions (FII) | 3.1% |
| Mutual funds | 7.0% |
| Other domestic institutions | 0.4% |
| Retail and others | 33.1% |
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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.