MMFL
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Forensics
Recent events
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News
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Corporate Actions
MM Forgings Says Appoints Shri. R. Raghunathan As The Chief Financial Officer
April 1 (Reuters) - MM Forgings Ltd MMFO.NS:
APPOINTS SHRI. R. RAGHUNATHAN AS THE CHIEF FINANCIAL OFFICER
Further company coverage: MMFO.NS
April 1 (Reuters) - MM Forgings Ltd MMFO.NS:
APPOINTS SHRI. R. RAGHUNATHAN AS THE CHIEF FINANCIAL OFFICER
Further company coverage: MMFO.NS
MM Forgings To Raise Funds For Aggregate Amount Not Exceeding 6 Bln Rupees
March 25 (Reuters) - MM Forgings Ltd MMFO.NS:
RAISING OF FUNDS FOR AGGREGATE AMOUNT NOT EXCEEDING 6 BILLION RUPEES
RAISING OF FUNDS VIA QIP/OTHER MODES
Source text: ID:nBSE1tGVTs
Further company coverage: MMFO.NS
March 25 (Reuters) - MM Forgings Ltd MMFO.NS:
RAISING OF FUNDS FOR AGGREGATE AMOUNT NOT EXCEEDING 6 BILLION RUPEES
RAISING OF FUNDS VIA QIP/OTHER MODES
Source text: ID:nBSE1tGVTs
Further company coverage: MMFO.NS
MM Forgings Approves Modified Scheme For Amalgamation Of DVS Industries With Co
Feb 5 (Reuters) - MM Forgings Ltd MMFO.NS:
APPROVES MODIFIED SCHEME FOR AMALGAMATION OF DVS INDUSTRIES WITH CO
Source text: ID:nNSE91TQsg
Further company coverage: MMFO.NS
Feb 5 (Reuters) - MM Forgings Ltd MMFO.NS:
APPROVES MODIFIED SCHEME FOR AMALGAMATION OF DVS INDUSTRIES WITH CO
Source text: ID:nNSE91TQsg
Further company coverage: MMFO.NS
MM Forgings Dec-Quarter Consol Profit 265.1 Million Rupees
Feb 3 (Reuters) - MM Forgings Ltd MMFO.NS:
DEC-QUARTER CONSOL PROFIT 265.1 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.72 BILLION RUPEES
Source text: ID:nNSE4wrqQD
Further company coverage: MMFO.NS
Feb 3 (Reuters) - MM Forgings Ltd MMFO.NS:
DEC-QUARTER CONSOL PROFIT 265.1 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.72 BILLION RUPEES
Source text: ID:nNSE4wrqQD
Further company coverage: MMFO.NS
MM Forgings June-Quarter Consol Profit 301.1 Mln Rupees
Aug 12 (Reuters) - MM Forgings Ltd MMFO.NS:
JUNE-QUARTER CONSOL PROFIT 301.1 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.78 BILLION RUPEES
Source text for Eikon: ID:nBSE5HqZNM
Further company coverage: MMFO.NS
(Reporting by VijayDattaram Malkar)
Aug 12 (Reuters) - MM Forgings Ltd MMFO.NS:
JUNE-QUARTER CONSOL PROFIT 301.1 MILLION RUPEES
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.78 BILLION RUPEES
Source text for Eikon: ID:nBSE5HqZNM
Further company coverage: MMFO.NS
(Reporting by VijayDattaram Malkar)
MM Forgings Ltd Re-Appoints Vidyashankar Krishnan As Vice Chairman And MD
Aug 11 (Reuters) - MM Forgings Ltd MMFO.NS:
MM FORGINGS LTD - RE-APPOINTS VIDYASHANKAR KRISHNAN AS VICE CHAIRMAN AND MD
Source text for Eikon: ID:nBSEZgWWm
Further company coverage: MMFO.NS
Aug 11 (Reuters) - MM Forgings Ltd MMFO.NS:
MM FORGINGS LTD - RE-APPOINTS VIDYASHANKAR KRISHNAN AS VICE CHAIRMAN AND MD
Source text for Eikon: ID:nBSEZgWWm
Further company coverage: MMFO.NS
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Popular questions
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What does MM Forgings do?
MM Forgings specializes in producing a wide range of steel forgings in different grades, offering raw, semi-machined, and fully machined components to various industries, aiming to be a one-stop shop for customers.
Who are the competitors of MM Forgings?
MM Forgings major competitors are Steelcast, Rishabh Instruments, Kirloskar Industries, Nelcast, Alicon Castalloy, Synergy Green Inds., Tirupati Forge. Market Cap of MM Forgings is ₹1,986 Crs. While the median market cap of its peers are ₹1,071 Crs.
Is MM Forgings financially stable compared to its competitors?
MM Forgings seems to be less financially stable compared to its competitors. Altman Z score of MM Forgings is 2.3 and is ranked 7 out of its 8 competitors.
Does MM Forgings pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. MM Forgings latest dividend payout ratio is 15.85% and 3yr average dividend payout ratio is 13.82%
How has MM Forgings allocated its funds?
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress
How strong is MM Forgings balance sheet?
Balance sheet of MM Forgings is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of MM Forgings improving?
No, profit is decreasing. The profit of MM Forgings is ₹86.61 Crs for TTM, ₹122 Crs for Mar 2025 and ₹135 Crs for Mar 2024.
Is the debt of MM Forgings increasing or decreasing?
Yes, The net debt of MM Forgings is increasing. Latest net debt of MM Forgings is ₹983 Crs as of Sep-25. This is greater than Mar-25 when it was ₹750 Crs.
Is MM Forgings stock expensive?
Yes, MM Forgings is expensive. Latest PE of MM Forgings is 22.93, while 3 year average PE is 17.98. Also latest EV/EBITDA of MM Forgings is 10.91 while 3yr average is 10.11.
Has the share price of MM Forgings grown faster than its competition?
MM Forgings has given better returns compared to its competitors. MM Forgings has grown at ~-2.5% over the last 2yrs while peers have grown at a median rate of -9.26%
Is the promoter bullish about MM Forgings?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in MM Forgings is 56.34% and last quarter promoter holding is 56.34%.
Are mutual funds buying/selling MM Forgings?
The mutual fund holding of MM Forgings is increasing. The current mutual fund holding in MM Forgings is 7.38% while previous quarter holding is 7.14%.
