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MM Forgings share price

MM Forgings Ltd.

NSE: MMFL BSE: 522241 SECTOR: Forgings  56k   60   9

375.45
-1.35 (-0.36%)
BSE: 13 Jun 04:01 PM

Price Summary

Today's High

₹ 378.7

Today's Low

₹ 364.3

52 Week High

₹ 725

52 Week Low

₹ 308.5

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1812.73 Cr.

Enterprise Value

2528.77 Cr.

No. of Shares

4.83 Cr.

P/E

13.31

P/B

1.94

Face Value

₹ 10

Div. Yield

1.07 %

Book Value (TTM)

₹  193.47

CASH

209.24 Cr.

DEBT

925.27 Cr.

Promoter Holding

56.34 %

EPS (TTM)

₹  28.22

Sales Growth

8.09%

ROE

19.31 %

ROCE

15.18%

Profit Growth

15.08 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year8.09%
3 Year28.15%
5 Year11.06%

Profit Growth

1 Year15.08%
3 Year46.14%
5 Year12.33%

ROE%

1 Year19.31%
3 Year18.76%
5 Year15.22%

ROCE %

1 Year15.18%
3 Year14.63%
5 Year12.06%

Debt/Equity

1.1335

Price to Cash Flow

12.54

Interest Cover Ratio

5.6854

CFO/PAT (5 Yr. Avg.)

1.51445368338841

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2025 56.34 0.00
Dec 2024 56.34 0.00
Sep 2024 56.34 0.00
Jun 2024 56.34 0.00
Mar 2024 56.34 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 46.1384198471239% for the Past 3 years.
  • The company has shown a good revenue growth of 28.1478006917621% for the Past 3 years.
  • Company’s PEG ratio is 0.882064452887539.
  • The company has an efficient Cash Conversion Cycle of 55.7069 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.51445368338841.
  • The company has a high promoter holding of 56.34%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
Net Sales 388.58 368.52 389.43 364.24 354.77
Total Expenditure 310.93 296.99 312.57 290.92 282.36
Operating Profit 77.66 71.54 76.86 73.32 72.4
Other Income 7.19 6.88 8.48 5.9 8.29
Interest 13.27 14.54 16.11 15.49 15.16
Depreciation 17.55 19.44 20.3 20.06 22.65
Exceptional Items 0 0 0 0 0
Profit Before Tax 54.03 44.44 48.93 43.67 42.89
Tax 12.97 12.01 13 12 6.67
Profit After Tax 41.06 32.43 35.93 31.67 36.22
Adjusted EPS (Rs) 8.5 6.72 7.44 6.56 7.5

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 727.29 725.65 1104.64 1412.78 1527.08
Total Expenditure 602.1 604.35 902.91 1154.32 1238.69
Operating Profit 125.19 121.29 201.74 258.46 288.4
Other Income 18.51 21.59 18.57 16.14 25.38
Interest 33.05 31.22 27.31 29.57 42.56
Depreciation 53.23 56.73 60.11 69.35 72.49
Exceptional Items 0 0 0 0.26 0.71
Profit Before Tax 57.42 54.93 132.9 175.94 199.43
Tax 11.19 8.32 41.14 49.55 53.96
Net Profit 46.24 46.61 91.76 126.4 145.46
Adjusted EPS (Rs.) 9.58 9.65 19.01 26.18 30.13

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 24.14 24.14 24.14 24.14 24.14
Total Reserves 444.16 476.22 553.5 666.04 792.19
Borrowings 334.7 297.32 346.19 331.53 387.02
Other N/C liabilities 32.72 33.93 41.66 38.39 52.09
Current liabilities 303.87 431.37 473.66 613.3 740.5
Total Liabilities 1139.6 1262.98 1439.14 1673.4 1995.93
Assets
Net Block 652.91 617.51 649.83 718.61 817.53
Capital WIP 8.71 17.47 36.35 61.11 112.07
Intangible WIP 0 0 0 0 0
Investments 4.88 4.88 32.88 40.72 41.27
Loans & Advances 114.98 109.83 98.77 106.55 147.38
Other N/C Assets 16.89 7.37 6.69 9.94 9.21
Current Assets 341.22 505.91 614.62 736.47 868.46
Total Assets 1139.6 1262.98 1439.14 1673.4 1995.93
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 57.42 54.93 132.9 175.94 199.43
Adjustment 70.11 69.95 74.11 85.92 95
Changes in Assets & Liabilities 154.9 -109.2 -32.88 -103.23 -118
Tax Paid -9.43 -5.45 -26.84 -42.41 -31.86
Operating Cash Flow 273.01 10.23 147.28 116.22 144.55
Investing Cash Flow -71.43 -12.08 -126.01 -160.4 -201.28
Financing Cash Flow -199.32 14.5 16.71 21.44 63.07
Net Cash Flow 2.25 12.65 37.98 -22.75 6.34

Corporate Actions

Investors Details

PARTICULARS Mar 2024% Jun 2024% Sep 2024% Dec 2024% Mar 2025%
promoters 56.34 56.34 56.34 56.34 56.34
ajay shankar ramachandran... 0.22 0.22 0.22 0.22 0.22
k venkatramanan 10.71 10.71 10.71 10.71 10.71
krishnan vidya shankar - - 11.27 11.27 11.27
lakshmi ramachandran 2.35 2.35 2.35 2.35 2.35
r subramonian 0.64 0.64 0.64 0.64 0.64
s lakshman 3.08 3.08 3.08 3.08 3.08
sivasundar private ltd 3.88 3.88 3.88 3.88 3.88
sumita vidyashankar 0.14 0.14 0.14 0.14 0.14
synmax consultants and tr... - 24.01 24.01 24.01 24.01
vijay sundar ramachandran... 0.03 0.03 0.03 0.03 0.03
vidyashankar krishnan 11.27 11.27 - - -
synmax consultants & trad... 24.01 - - - -
PARTICULARS Mar 2024% Jun 2024% Sep 2024% Dec 2024% Mar 2025%
investors 43.66 43.66 43.66 43.66 43.66
hdfc mutual fund - hdfc h... - 3.72 3.72 3.72 3.72
investor education and pr... 0.01 0.01 0.01 0.09 0.09
llp - 0.77 - 0.50 0.18
marval guru fund 1.16 1.16 2.13 2.36 1.64
sandhya g parikh 1.02 1.02 1.02 1.02 1.38
srinivasan varadarajan 1.65 1.65 1.65 1.65 1.65
tata mutual fund - tata s... - 3.26 3.26 3.26 3.26
hsbc small cap fund 2.94 1.52 1.52 - -
m m forgings limited-uncl... - - 1.02 - -
hdfc mutual fund 3.86 - - - -
tata mutual fund 3.26 - - - -

Annual Reports

Title Action
Annual Report 2024
Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

TYPE AGENCY ACTION
Credit ICRA
Credit CARE
TYPE AGENCY ACTION
Research CD Equisearch
Research CD Equisearch
Research HDFC Securities
Research HDFC Securities
Research CD Equisearch
Research CD Equisearch
Research CD Equisearch
Research IDBI Capital
Research CD Equisearch
Research IDBI Capital

Concalls & Presentations

TYPE QUARTER ACTION
Concall Q4FY25
Concall Q4FY22
Concall Q2FY23
Concall Q1FY23
TYPE QUARTER ACTION
Presentation Q3FY25

Company News

MM Forgings Stock Price Analysis and Quick Research Report. Is MM Forgings an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

MM Forgings stock price today is Rs 372.9. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse MM Forgings . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). MM Forgings has a PE ratio of 13.2147818444703 which is low and comparatively undervalued .

  • Share Price: - The current share price of MM Forgings is Rs 372.9. One can use valuation calculators of ticker to know if MM Forgings share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. MM Forgings has ROA of 7.9285 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. MM Forgings has a Current ratio of 1.1728 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. MM Forgings has a ROE of 19.3111 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. MM Forgings has a Debt to Equity ratio of 1.1335 which means that the company has low proportion of debt in its capital.

  • Sales growth: - MM Forgings has reported revenue growth of 8.0907 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of MM Forgings for the current financial year is 18.8854789013405 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for MM Forgings is Rs 8 and the yield is 1.0654 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of MM Forgings is Rs 28.2184 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of MM Forgings in Ticker for free. Also, one can get the intrinsic value of MM Forgings by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about MM Forgings
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