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- MM Forgings
MM Forgings share price
NSE: MMFLCapital GoodsMetal Fabrication
MM Forgings at a glance
MM Forgings (NSE: MMFL) closed at ₹503.00 on 19 Oct 2026, down 5.09% on the day. With a market capitalisation of ₹2,429 Cr, it ranks 1072nd by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Capital Goods sector; its industry is Metal Fabrication.
At its last close the stock traded at 24.6× trailing earnings, against a return on equity of 10.1% in FY26. Over the past year the share price has risen 61.3%. Its 52-week range is ₹288.10 (21 Oct 2025) to ₹687.95 (18 Aug 2026); the last close is 26.9% below the high. Promoters held 56.34% of the company as of 30 Jun 2026.
Key numbers
- Market cap
- ₹2,429 CrRank 1072 on NSE
- P/E (trailing)
- 24.6×
- Price to book
- 1.82×FY26
- ROE
- 10.1%FY26
- ROCE
- 11.8%FY26
- Debt to equity
- 1.1FY26
- Net profit margin
- 6.2%FY26
- Book value / share
- ₹202.51FY26
- 52-week high
- ₹687.9518 Aug 2026
- 52-week low
- ₹288.1021 Oct 2025
- 1-year return
- +61.3%
- RSI (14-day)
- 26.8
Returns to 19 Oct 2026
| Period | 1 day | 1 week | 1 month | 3 months | 1 year |
|---|---|---|---|---|---|
| Price change | −5.09% | −9.4% | −18.5% | −5.6% | +61.3% |
MM Forgings financials
| Item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Revenue | ₹783 Cr | ₹1,140 Cr | ₹1,462 Cr | ₹1,563 Cr | ₹1,525 Cr | — |
| Operating profit | ₹50 Cr | ₹127 Cr | ₹177 Cr | ₹188 Cr | ₹166 Cr | — |
| Net profit | ₹47 Cr | ₹91 Cr | ₹128 Cr | ₹135 Cr | ₹122 Cr | — |
| EPS (₹) | ₹19.00 | ₹38.00 | ₹53.00 | ₹56.00 | ₹25.00 | — |
| Cash from operations | ₹20 Cr | ₹151 Cr | ₹169 Cr | ₹131 Cr | ₹182 Cr | — |
| Total debt | ₹297 Cr | ₹351 Cr | ₹332 Cr | ₹387 Cr | ₹604 Cr | ₹596 Cr |
| Shareholders' equity | ₹487 Cr | ₹560 Cr | ₹673 Cr | ₹789 Cr | ₹891 Cr | ₹978 Cr |
MM Forgings shareholding pattern
| Holder | 31 Mar 2025 | 30 Jun 2025 | 30 Sep 2025 | 31 Dec 2025 | 31 Mar 2026 | 30 Jun 2026 |
|---|---|---|---|---|---|---|
| Promoters | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% |
| Foreign institutions | 3.09% | 1.80% | 1.76% | 1.74% | 1.86% | 2.44% |
| Domestic institutions | 8.92% | 8.33% | 8.31% | 8.55% | 8.37% | 7.49% |
| Non-institutions | 31.65% | 33.54% | 33.60% | 33.38% | 33.44% | 33.73% |
MM Forgings vs peers
The listed Capital Goods companies nearest to MM Forgings by market capitalisation.
| Company | Price | 1 day | 1 year | Market cap | P/E | ROE |
|---|---|---|---|---|---|---|
| UELUjaas Energy | ₹186.68 | −2.77% | +17.0% | ₹2,490 Cr | — | — |
| MODINSUModern Insulato | — | — | — | ₹2,446 Cr | — | — |
| GATEWAYGateway Distriparks | ₹48.90 | −2.78% | −17.5% | ₹2,443 Cr | 9.6 | — |
| MMFLMM Forgings | ₹503.00 | −5.09% | +61.3% | ₹2,429 Cr | 24.6 | — |
| SUNCLAYSundaram Clayton | ₹1,092.50 | −2.66% | −29.6% | ₹2,409 Cr | 9.5 | — |
| BLUSPRINGBluspring Enterprises | ₹160.00 | −3.96% | +95.3% | ₹2,391 Cr | — | — |
| YASHHVYash Highvoltag | — | — | — | ₹2,389 Cr | — | — |
Ask anything about MM Forgings
Pivot answers on the live chart with evidence you can check, and tests strategies against MMFL's own history. Try: “Why has MMFL moved over the last three months?” · “Backtest a 50-day moving-average crossover on MMFL over five years” · “Compare MMFL with UEL on margins and valuation”
Frequently asked questions about MM Forgings
What is the share price of MM Forgings today?
MM Forgings (NSE: MMFL) last closed at ₹503.00 on 19 Oct 2026. Its 52-week high is ₹687.95 and its 52-week low is ₹288.10.
What is the market cap of MM Forgings?
MM Forgings' market capitalisation is ₹2,429 Cr (₹2,429 Cr) at the 19 Oct 2026 close, ranking 1072nd among the NSE companies Pivot tracks.
What is the P/E ratio of MM Forgings?
MM Forgings trades at a trailing P/E of 24.6.
What is the ROE and ROCE of MM Forgings?
Return on equity was 10.1% in FY26 and return on capital employed was 11.8% in FY26 (consolidated figures).
Is MM Forgings a debt-free company?
No. MM Forgings' debt-to-equity ratio was 1.1 in FY26, with total debt of ₹596 Cr.
How has MM Forgings stock performed over the last year?
MM Forgings' share price has risen 61.3% over the past year, −5.6% over three months and −18.5% over one month, to the 19 Oct 2026 close.
What is the shareholding pattern of MM Forgings?
As of 30 Jun 2026: promoters 56.34%, foreign institutions 2.44%, domestic institutions 7.49%, non-institutions 33.73%.
Who are MM Forgings' competitors?
The listed Capital Goods companies closest to MM Forgings by market cap are Ujaas Energy, Modern Insulato, Gateway Distriparks, Sundaram Clayton, Bluspring Enterprises and Yash Highvoltag.
Is MM Forgings a good stock to buy?
Pivot does not give buy or sell recommendations. This page sets out MM Forgings' price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on MMFL against its own history before risking money. This is analysis, not financial advice.
Sources and method
Prices: NSE daily closes to 19 Oct 2026 (returns and ratios at the 19 Oct 2026 close). Fundamentals: company filings via Moneycontrol, consolidated where available. Shareholding: exchange shareholding-pattern filings. The 52-week range uses intraday highs and lows; the chart marks closing prices. P/E is the last close over trailing twelve-month EPS. Market-cap rank is among the 4,183 NSE companies Pivot tracks; SEBI's bands call the top 100 large-cap and the next 150 mid-cap. Figures marked “—” are not available rather than zero. This is analysis, not financial advice.
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