₹606.65
+9.65 (+1.62%)
As of 17 Sept 2026, M M Forgings Ltd share price is ₹606.65. The stock opened at ₹606.65 and had closed at ₹597.00 the previous day. Over the last 52 weeks, the stock has recorded a low of ₹276.05 and a high of ₹690.10. In terms of performance, M M Forgings Ltd share price has increased by 38.92% over the past six months and has increased by 81.55% over the last year.
MMFL Stock Price Chart
M M Forgings Ltd Overview
Market cap₹2,929 Crs
Volume4,876
Prev. Close₹597.00
Year range₹276.05 - ₹690.10
ISININE227C01017
About MMFL
MM Forgings engaged in the manufacture of Steel Forgings.
M M Forgings Ltd Historical Performance
1 Month Return-3.71%
6 Month Return41.81%
3 Year Return32.48%
3 Month Return28.94%
1 Year Return85.46%
5 Year Return46.55%
M M Forgings Ltd Fundamentals
ROCE(TTM)9.81%
P/E Ratio (TTM)23.07
P/B Ratio2.84
Debt to Equity1.04
ROE10.99%
EPS (TTM)26.30
Dividend Yield0.66%
Book Value213.56
Profit Margin7.95%
Operating Margin11.66%
M M Forgings Ltd Financials
| Indicator | Mar 26 | Mar 25 | Mar 24 | Mar 23 | Mar 22 |
|---|---|---|---|---|---|
| Revenue | 1,569.50 | 1,506.51 | 1,552.46 | 1,428.92 | 1,123.21 |
| EBITDA | 299.82 | 323.66 | 313.77 | 274.61 | 220.31 |
| Net Profit | 113.31 | 136.24 | 144.75 | 126.14 | 91.76 |
| EPS | 23.58 | 28.23 | 60.26 | 52.36 | 38.01 |
M M Forgings Ltd Technical Analysis
| Indicator | Value |
|---|---|
| Support 1 (S1) | 576.12 |
| Resistance 1 (R1) | 628.37 |
| Pivot Point | 607.48 |
M M Forgings Ltd Dividend History
| Ex Date | Dividends Date | Record Date | Dividend Type | Dividend Details |
|---|---|---|---|---|
| 12-Jun-2026 | 27-May-2026 | 12-Jun-2026 | Interim | ₹4.00 |
| 30-Jul-2025 | 24-May-2025 | 30-Jul-2025 | Final | ₹4.00 |
| 14-Jun-2024 | 29-May-2024 | 14-Jun-2024 | Interim | ₹8.00 |
| 29-May-2023 | 17-May-2023 | 29-May-2023 | Interim | ₹6.00 |
| 06-Jun-2022 | 25-May-2022 | 07-Jun-2022 | Interim | ₹6.00 |
MMFL Key Leadership Details
Last Updated: Mar 2026
| Name | Position |
|---|---|
| Vidyashankar Krishnan | Chairman & Managing Director |
| K Venkatramanan | Executive Directorector / JMD / WTD |
| Sumita Vidyashankar | Non Executive Independent Director |
M M Forgings Ltd Peer Comparison
| Company | Price | M.Cap (Cr) | P/E (TTM) | ROE (TTM) |
|---|---|---|---|---|
| Bharat Forge LtdBHARATFORG | ₹1,885.00+0.42% | ₹88,049.58 | 77.32 | 11.27% |
| AIA Engineering LtdAIAENG | ₹3,805.80-2.40% | ₹33,886.49 | 29.19 | 15.83% |
| PTC Industries LtdPTCIL | ₹22,500.00-0.27% | ₹26,965.67 | 407.20 | 6.74% |
Disclaimer
The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...
Frequently Asked Questions
- The share price of M M Forgings Ltd today is ₹606.65 on NSE and ₹606.65 on BSE.
- The 52-week high of M M Forgings Ltd is ₹690.10, while the 52-week low is ₹276.05.
- The current market capitalisation of M M Forgings Ltd is approximately ₹2,929 crore.
- The P/E (Price-to-Earnings) ratio of M M Forgings Ltd is 24.13. The ratio may vary with changes in the share price and earnings.
- The P/B (Price-to-Book) ratio of M M Forgings Ltd is 2.25. It compares the company’s market value with its book value and can provide an indication of how the market values the company relative to its net assets.
- To buy M M Forgings Ltd shares, you first need to open a demat account before you can place an order. Here's the process:
• Open a demat account online using your PAN, Aadhaar and bank details.
• Add funds to your trading account via UPI or net banking.
• Search for MMFL on TradeMobi or the Anand Rathi web platform.
• Place your order
• Track your holdings in the portfolio section. - Over the past 3 years, M M Forgings Ltd has delivered a return of approximately 32.48%. This return is based on the change in the share price over the specified period and may differ depending on the measurement date. Past performance does not guarantee future returns.
- The shareholding pattern of M M Forgings Ltd comprises different categories of shareholders. As of Jun 2026, the shareholding is approximately 56.34% promoters, -4.70% FIIs, 7.49% DIIs, and 27.14% public shareholders.

