Share Price and Basic Stock Data
Last Updated: September 5, 2025, 4:49 pm
PEG Ratio | 0.51 |
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Quick Insight
MM Forgings Ltd (MMFL) currently trades at a price of 322 with a market capitalization of 1,557 Cr. The company's P/E ratio stands at 12.3, indicating a reasonable valuation, while ROE and ROCE are at 15.6% and 12.5% respectively, reflecting decent profitability. With an OPM of 18% and a net profit of 136 Cr, MMFL shows operational efficiency. However, concerns arise from its high borrowings of ₹1,184 Cr compared to reserves of 885 Cr, leading to a P/BV of 2.67x and an ICR of 7.40x. Investors should monitor the company's ability to manage its debt levels effectively to ensure sustainable growth and profitability in the long term.
Competitors of MM Forgings Ltd (MMFL)
Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
---|---|---|---|---|---|---|---|---|---|
Happy Forgings Ltd | 8,432 Cr. | 894 | 1,251/716 | 31.3 | 196 | 0.34 % | 19.2 % | 15.5 % | 2.00 |
EL Forge Ltd | 40.6 Cr. | 20.0 | 44.4/18.0 | 18.2 | 12.2 | 0.00 % | 11.2 % | 9.14 % | 10.0 |
CIE Automotive India Ltd | 14,915 Cr. | 394 | 599/357 | 19.0 | 183 | 1.78 % | 16.6 % | 13.2 % | 10.0 |
Amforge Industries Ltd | 13.4 Cr. | 9.33 | 15.5/7.26 | 26.3 | 9.12 | 0.00 % | 6.53 % | 3.72 % | 2.00 |
Tirupati Forge Ltd | 478 Cr. | 40.1 | 72.9/28.2 | 71.8 | 9.05 | 0.00 % | 12.4 % | 10.0 % | 2.00 |
Industry Average | 10,098.22 Cr | 301.87 | 80.94 | 154.82 | 0.36% | 9.45% | 9.86% | 5.86 |
Quarterly Result
Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 333 | 342 | 361 | 373 | 366 | 384 | 388 | 389 | 369 | 389 | 364 | 355 | 349 |
Expenses | 273 | 280 | 295 | 309 | 303 | 312 | 313 | 313 | 297 | 313 | 291 | 282 | 286 |
Operating Profit | 60 | 62 | 66 | 64 | 63 | 72 | 75 | 75 | 72 | 77 | 73 | 72 | 63 |
OPM % | 18% | 18% | 18% | 17% | 17% | 19% | 19% | 19% | 19% | 20% | 20% | 20% | 18% |
Other Income | 1 | 5 | 6 | 5 | 6 | 5 | 7 | 7 | 7 | 8 | 6 | 8 | 9 |
Interest | 6 | 7 | 8 | 7 | 10 | 9 | 11 | 13 | 15 | 16 | 15 | 15 | 18 |
Depreciation | 15 | 17 | 17 | 18 | 18 | 18 | 19 | 18 | 19 | 20 | 20 | 23 | 22 |
Profit before tax | 39 | 42 | 47 | 44 | 41 | 51 | 53 | 52 | 44 | 49 | 44 | 43 | 31 |
Tax % | 24% | 25% | 28% | 36% | 27% | 28% | 29% | 26% | 27% | 27% | 27% | 16% | 28% |
Net Profit | 30 | 32 | 34 | 28 | 30 | 37 | 37 | 38 | 32 | 36 | 32 | 36 | 22 |
EPS in Rs | 6.12 | 6.60 | 7.01 | 5.87 | 6.21 | 7.58 | 7.71 | 7.88 | 6.71 | 7.44 | 6.56 | 7.50 | 4.63 |
Last Updated: August 20, 2025, 6:55 am
Below is a detailed analysis of the quarterly data for MM Forgings Ltd (MMFL) based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 349.00 Cr.. The value appears to be declining and may need further review. It has decreased from 355.00 Cr. (Mar 2025) to 349.00 Cr., marking a decrease of 6.00 Cr..
- For Expenses, as of Jun 2025, the value is 286.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 282.00 Cr. (Mar 2025) to 286.00 Cr., marking an increase of 4.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 63.00 Cr.. The value appears to be declining and may need further review. It has decreased from 72.00 Cr. (Mar 2025) to 63.00 Cr., marking a decrease of 9.00 Cr..
- For OPM %, as of Jun 2025, the value is 18.00%. The value appears to be declining and may need further review. It has decreased from 20.00% (Mar 2025) to 18.00%, marking a decrease of 2.00%.
- For Other Income, as of Jun 2025, the value is 9.00 Cr.. The value appears strong and on an upward trend. It has increased from 8.00 Cr. (Mar 2025) to 9.00 Cr., marking an increase of 1.00 Cr..
- For Interest, as of Jun 2025, the value is 18.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 15.00 Cr. (Mar 2025) to 18.00 Cr., marking an increase of 3.00 Cr..
- For Depreciation, as of Jun 2025, the value is 22.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 23.00 Cr. (Mar 2025) to 22.00 Cr., marking a decrease of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 31.00 Cr.. The value appears to be declining and may need further review. It has decreased from 43.00 Cr. (Mar 2025) to 31.00 Cr., marking a decrease of 12.00 Cr..
- For Tax %, as of Jun 2025, the value is 28.00%. The value appears to be increasing, which may not be favorable. It has increased from 16.00% (Mar 2025) to 28.00%, marking an increase of 12.00%.
- For Net Profit, as of Jun 2025, the value is 22.00 Cr.. The value appears to be declining and may need further review. It has decreased from 36.00 Cr. (Mar 2025) to 22.00 Cr., marking a decrease of 14.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 4.63. The value appears to be declining and may need further review. It has decreased from 7.50 (Mar 2025) to 4.63, marking a decrease of 2.87.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: July 22, 2025, 3:22 pm
Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 411 | 503 | 502 | 478 | 621 | 904 | 727 | 726 | 1,105 | 1,413 | 1,527 | 1,477 |
Expenses | 332 | 392 | 394 | 386 | 496 | 731 | 602 | 604 | 903 | 1,154 | 1,239 | 1,183 |
Operating Profit | 79 | 111 | 108 | 93 | 124 | 173 | 125 | 121 | 202 | 258 | 288 | 294 |
OPM % | 19% | 22% | 22% | 19% | 20% | 19% | 17% | 17% | 18% | 18% | 19% | 20% |
Other Income | 3 | 2 | 5 | 11 | 12 | 16 | 19 | 22 | 19 | 16 | 26 | 30 |
Interest | 8 | 9 | 8 | 10 | 13 | 26 | 33 | 31 | 27 | 30 | 43 | 61 |
Depreciation | 36 | 35 | 36 | 39 | 42 | 54 | 53 | 57 | 60 | 69 | 72 | 82 |
Profit before tax | 38 | 69 | 69 | 55 | 82 | 109 | 57 | 55 | 133 | 176 | 199 | 180 |
Tax % | 24% | 26% | 28% | 21% | 17% | 25% | 19% | 15% | 31% | 28% | 27% | 24% |
Net Profit | 29 | 51 | 50 | 43 | 69 | 81 | 46 | 47 | 92 | 126 | 145 | 136 |
EPS in Rs | 6.08 | 10.49 | 10.39 | 9.01 | 14.21 | 16.84 | 9.57 | 9.65 | 19.00 | 26.17 | 30.12 | 28.23 |
Dividend Payout % | 16% | 14% | 14% | 17% | 18% | 15% | 26% | 26% | 16% | 11% | 13% | 14% |
YoY Net Profit Growth
Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
---|---|---|---|---|---|---|---|---|---|---|---|
YoY Net Profit Growth (%) | 75.86% | -1.96% | -14.00% | 60.47% | 17.39% | -43.21% | 2.17% | 95.74% | 36.96% | 15.08% | -6.21% |
Change in YoY Net Profit Growth (%) | 0.00% | -77.82% | -12.04% | 74.47% | -43.07% | -60.60% | 45.38% | 93.57% | -58.79% | -21.88% | -21.29% |
MM Forgings Ltd (MMFL) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
No data available for the compounded sales growth chart.
Balance Sheet
Last Updated: July 25, 2025, 2:45 pm
Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 12 | 12 | 12 | 12 | 12 | 24 | 24 | 24 | 24 | 24 | 24 | 48 |
Reserves | 184 | 226 | 268 | 303 | 357 | 412 | 444 | 476 | 554 | 666 | 792 | 885 |
Borrowings | 151 | 190 | 214 | 224 | 381 | 688 | 566 | 532 | 680 | 756 | 925 | 1,184 |
Other Liabilities | 31 | 45 | 45 | 51 | 86 | 93 | 105 | 230 | 181 | 227 | 254 | 266 |
Total Liabilities | 378 | 473 | 538 | 589 | 836 | 1,217 | 1,140 | 1,263 | 1,439 | 1,673 | 1,996 | 2,384 |
Fixed Assets | 200 | 225 | 262 | 320 | 365 | 588 | 653 | 618 | 650 | 719 | 818 | 861 |
CWIP | 7 | 11 | 30 | 14 | 27 | 39 | 9 | 17 | 36 | 61 | 112 | 361 |
Investments | 0 | 0 | 0 | 0 | 4 | 5 | 5 | 5 | 33 | 41 | 41 | 22 |
Other Assets | 171 | 237 | 245 | 255 | 440 | 585 | 473 | 623 | 720 | 853 | 1,025 | 1,139 |
Total Assets | 378 | 473 | 538 | 589 | 836 | 1,217 | 1,140 | 1,263 | 1,439 | 1,673 | 1,996 | 2,384 |
Below is a detailed analysis of the balance sheet data for MM Forgings Ltd (MMFL) based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 48.00 Cr.. The value appears strong and on an upward trend. It has increased from 24.00 Cr. (Mar 2024) to 48.00 Cr., marking an increase of 24.00 Cr..
- For Reserves, as of Mar 2025, the value is 885.00 Cr.. The value appears strong and on an upward trend. It has increased from 792.00 Cr. (Mar 2024) to 885.00 Cr., marking an increase of 93.00 Cr..
- For Borrowings, as of Mar 2025, the value is 1,184.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 925.00 Cr. (Mar 2024) to 1,184.00 Cr., marking an increase of 259.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 266.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 254.00 Cr. (Mar 2024) to 266.00 Cr., marking an increase of 12.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 2,384.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,996.00 Cr. (Mar 2024) to 2,384.00 Cr., marking an increase of 388.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 861.00 Cr.. The value appears strong and on an upward trend. It has increased from 818.00 Cr. (Mar 2024) to 861.00 Cr., marking an increase of 43.00 Cr..
- For CWIP, as of Mar 2025, the value is 361.00 Cr.. The value appears strong and on an upward trend. It has increased from 112.00 Cr. (Mar 2024) to 361.00 Cr., marking an increase of 249.00 Cr..
- For Investments, as of Mar 2025, the value is 22.00 Cr.. The value appears to be declining and may need further review. It has decreased from 41.00 Cr. (Mar 2024) to 22.00 Cr., marking a decrease of 19.00 Cr..
- For Other Assets, as of Mar 2025, the value is 1,139.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,025.00 Cr. (Mar 2024) to 1,139.00 Cr., marking an increase of 114.00 Cr..
- For Total Assets, as of Mar 2025, the value is 2,384.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,996.00 Cr. (Mar 2024) to 2,384.00 Cr., marking an increase of 388.00 Cr..
However, the Borrowings (1,184.00 Cr.) are higher than the Reserves (885.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow | -72.00 | -79.00 | -106.00 | -131.00 | -257.00 | -515.00 | -441.00 | -411.00 | -478.00 | -498.00 | -637.00 | 293.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 26 | 21 | 11 | 13 | 33 | 32 | 6 | 61 | 55 | 59 | 76 | 94 |
Inventory Days | 158 | 139 | 128 | 119 | 177 | 167 | 143 | 177 | 139 | 157 | 165 | 182 |
Days Payable | 32 | 48 | 52 | 52 | 87 | 43 | 78 | 103 | 83 | 87 | 83 | 93 |
Cash Conversion Cycle | 151 | 111 | 87 | 80 | 123 | 157 | 71 | 135 | 112 | 129 | 157 | 183 |
Working Capital Days | -8 | -8 | -22 | -32 | -41 | -16 | -69 | -57 | -28 | -21 | -19 | -16 |
ROCE % | 13% | 20% | 17% | 13% | 15% | 14% | 8% | 8% | 14% | 15% | 15% | 12% |
Mutual Fund Holdings
Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
---|---|---|---|---|---|---|
HDFC Hybrid Equity Fund - Regular Plan | 1,214,000 | 0.29 | 72.52 | 1,214,000 | 2025-04-22 05:57:46 | 0% |
Sundaram Small Cap Fund | 286,238 | 0.5 | 17.1 | 286,238 | 2025-04-22 15:56:55 | 0% |
Navi Flexi Cap Fund | 50,000 | 1.08 | 2.99 | 50,000 | 2025-04-22 15:56:55 | 0% |
Navi Aggressive Hybrid Fund | 17,400 | 0.94 | 1.04 | 17,400 | 2025-04-22 17:25:26 | 0% |
Navi ELSS Tax Saver Fund - Regular Plan | 11,000 | 0.98 | 0.66 | 11,000 | 2025-04-22 17:25:26 | 0% |
Key Financial Ratios
Month | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
---|---|---|---|---|---|
FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Basic EPS (Rs.) | 55.94 | 53.00 | 37.69 | 19.35 | 17.28 |
Diluted EPS (Rs.) | 55.94 | 53.00 | 37.69 | 19.35 | 17.28 |
Cash EPS (Rs.) | 90.24 | 85.64 | 65.76 | 45.59 | 41.95 |
Book Value[Excl.RevalReserv]/Share (Rs.) | 326.87 | 278.93 | 231.79 | 201.80 | 188.48 |
Book Value[Incl.RevalReserv]/Share (Rs.) | 326.87 | 278.93 | 231.79 | 201.80 | 188.48 |
Revenue From Operations / Share (Rs.) | 647.48 | 605.56 | 472.08 | 324.18 | 318.62 |
PBDIT / Share (Rs.) | 129.79 | 118.01 | 92.32 | 61.73 | 62.44 |
PBIT / Share (Rs.) | 95.48 | 85.36 | 64.25 | 35.48 | 37.77 |
PBT / Share (Rs.) | 78.49 | 73.30 | 53.38 | 21.61 | 21.91 |
Net Profit / Share (Rs.) | 55.94 | 53.00 | 37.69 | 19.35 | 17.28 |
NP After MI And SOA / Share (Rs.) | 55.94 | 53.00 | 37.69 | 19.35 | 17.28 |
PBDIT Margin (%) | 20.04 | 19.48 | 19.55 | 19.04 | 19.59 |
PBIT Margin (%) | 14.74 | 14.09 | 13.61 | 10.94 | 11.85 |
PBT Margin (%) | 12.12 | 12.10 | 11.30 | 6.66 | 6.87 |
Net Profit Margin (%) | 8.63 | 8.75 | 7.98 | 5.96 | 5.42 |
NP After MI And SOA Margin (%) | 8.63 | 8.75 | 7.98 | 5.96 | 5.42 |
Return on Networth / Equity (%) | 17.12 | 19.01 | 16.26 | 9.58 | 9.16 |
Return on Capital Employeed (%) | 18.81 | 19.79 | 16.46 | 10.50 | 11.08 |
Return On Assets (%) | 6.86 | 7.70 | 6.43 | 3.68 | 3.67 |
Long Term Debt / Equity (X) | 0.49 | 0.49 | 0.62 | 0.61 | 0.73 |
Total Debt / Equity (X) | 1.03 | 0.97 | 1.07 | 1.09 | 1.08 |
Asset Turnover Ratio (%) | 0.86 | 0.95 | 0.81 | 0.60 | 0.61 |
Current Ratio (X) | 1.17 | 1.19 | 1.31 | 1.17 | 1.14 |
Quick Ratio (X) | 0.70 | 0.70 | 0.87 | 0.77 | 0.71 |
Inventory Turnover Ratio (X) | 2.39 | 2.92 | 2.81 | 2.19 | 1.97 |
Dividend Payout Ratio (NP) (%) | 14.30 | 11.32 | 15.91 | 25.84 | 33.99 |
Dividend Payout Ratio (CP) (%) | 8.86 | 7.00 | 9.12 | 10.96 | 14.00 |
Earning Retention Ratio (%) | 85.70 | 88.68 | 84.09 | 74.16 | 66.01 |
Cash Earning Retention Ratio (%) | 91.14 | 93.00 | 90.88 | 89.04 | 86.00 |
Interest Coverage Ratio (X) | 7.40 | 9.64 | 8.04 | 4.23 | 3.94 |
Interest Coverage Ratio (Post Tax) (X) | 4.16 | 5.31 | 4.23 | 2.28 | 2.09 |
Enterprise Value (Cr.) | 2705.02 | 2447.16 | 2413.96 | 1539.81 | 716.41 |
EV / Net Operating Revenue (X) | 1.73 | 1.67 | 2.12 | 1.97 | 0.93 |
EV / EBITDA (X) | 8.63 | 8.59 | 10.83 | 10.33 | 4.75 |
MarketCap / Net Operating Revenue (X) | 1.35 | 1.38 | 1.79 | 1.53 | 0.52 |
Retention Ratios (%) | 85.69 | 88.67 | 84.08 | 74.15 | 66.00 |
Price / BV (X) | 2.67 | 2.99 | 3.65 | 2.45 | 0.88 |
Price / Net Operating Revenue (X) | 1.35 | 1.38 | 1.79 | 1.53 | 0.52 |
EarningsYield | 0.06 | 0.06 | 0.04 | 0.03 | 0.10 |
After reviewing the key financial ratios for MM Forgings Ltd (MMFL), here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 24, the value is 55.94. This value is within the healthy range. It has increased from 53.00 (Mar 23) to 55.94, marking an increase of 2.94.
- For Diluted EPS (Rs.), as of Mar 24, the value is 55.94. This value is within the healthy range. It has increased from 53.00 (Mar 23) to 55.94, marking an increase of 2.94.
- For Cash EPS (Rs.), as of Mar 24, the value is 90.24. This value is within the healthy range. It has increased from 85.64 (Mar 23) to 90.24, marking an increase of 4.60.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 326.87. It has increased from 278.93 (Mar 23) to 326.87, marking an increase of 47.94.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 326.87. It has increased from 278.93 (Mar 23) to 326.87, marking an increase of 47.94.
- For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 647.48. It has increased from 605.56 (Mar 23) to 647.48, marking an increase of 41.92.
- For PBDIT / Share (Rs.), as of Mar 24, the value is 129.79. This value is within the healthy range. It has increased from 118.01 (Mar 23) to 129.79, marking an increase of 11.78.
- For PBIT / Share (Rs.), as of Mar 24, the value is 95.48. This value is within the healthy range. It has increased from 85.36 (Mar 23) to 95.48, marking an increase of 10.12.
- For PBT / Share (Rs.), as of Mar 24, the value is 78.49. This value is within the healthy range. It has increased from 73.30 (Mar 23) to 78.49, marking an increase of 5.19.
- For Net Profit / Share (Rs.), as of Mar 24, the value is 55.94. This value is within the healthy range. It has increased from 53.00 (Mar 23) to 55.94, marking an increase of 2.94.
- For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 55.94. This value is within the healthy range. It has increased from 53.00 (Mar 23) to 55.94, marking an increase of 2.94.
- For PBDIT Margin (%), as of Mar 24, the value is 20.04. This value is within the healthy range. It has increased from 19.48 (Mar 23) to 20.04, marking an increase of 0.56.
- For PBIT Margin (%), as of Mar 24, the value is 14.74. This value is within the healthy range. It has increased from 14.09 (Mar 23) to 14.74, marking an increase of 0.65.
- For PBT Margin (%), as of Mar 24, the value is 12.12. This value is within the healthy range. It has increased from 12.10 (Mar 23) to 12.12, marking an increase of 0.02.
- For Net Profit Margin (%), as of Mar 24, the value is 8.63. This value is within the healthy range. It has decreased from 8.75 (Mar 23) to 8.63, marking a decrease of 0.12.
- For NP After MI And SOA Margin (%), as of Mar 24, the value is 8.63. This value is within the healthy range. It has decreased from 8.75 (Mar 23) to 8.63, marking a decrease of 0.12.
- For Return on Networth / Equity (%), as of Mar 24, the value is 17.12. This value is within the healthy range. It has decreased from 19.01 (Mar 23) to 17.12, marking a decrease of 1.89.
- For Return on Capital Employeed (%), as of Mar 24, the value is 18.81. This value is within the healthy range. It has decreased from 19.79 (Mar 23) to 18.81, marking a decrease of 0.98.
- For Return On Assets (%), as of Mar 24, the value is 6.86. This value is within the healthy range. It has decreased from 7.70 (Mar 23) to 6.86, marking a decrease of 0.84.
- For Long Term Debt / Equity (X), as of Mar 24, the value is 0.49. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.49.
- For Total Debt / Equity (X), as of Mar 24, the value is 1.03. This value exceeds the healthy maximum of 1. It has increased from 0.97 (Mar 23) to 1.03, marking an increase of 0.06.
- For Asset Turnover Ratio (%), as of Mar 24, the value is 0.86. It has decreased from 0.95 (Mar 23) to 0.86, marking a decrease of 0.09.
- For Current Ratio (X), as of Mar 24, the value is 1.17. This value is below the healthy minimum of 1.5. It has decreased from 1.19 (Mar 23) to 1.17, marking a decrease of 0.02.
- For Quick Ratio (X), as of Mar 24, the value is 0.70. This value is below the healthy minimum of 1. There is no change compared to the previous period (Mar 23) which recorded 0.70.
- For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.39. This value is below the healthy minimum of 4. It has decreased from 2.92 (Mar 23) to 2.39, marking a decrease of 0.53.
- For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 14.30. This value is below the healthy minimum of 20. It has increased from 11.32 (Mar 23) to 14.30, marking an increase of 2.98.
- For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 8.86. This value is below the healthy minimum of 20. It has increased from 7.00 (Mar 23) to 8.86, marking an increase of 1.86.
- For Earning Retention Ratio (%), as of Mar 24, the value is 85.70. This value exceeds the healthy maximum of 70. It has decreased from 88.68 (Mar 23) to 85.70, marking a decrease of 2.98.
- For Cash Earning Retention Ratio (%), as of Mar 24, the value is 91.14. This value exceeds the healthy maximum of 70. It has decreased from 93.00 (Mar 23) to 91.14, marking a decrease of 1.86.
- For Interest Coverage Ratio (X), as of Mar 24, the value is 7.40. This value is within the healthy range. It has decreased from 9.64 (Mar 23) to 7.40, marking a decrease of 2.24.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 4.16. This value is within the healthy range. It has decreased from 5.31 (Mar 23) to 4.16, marking a decrease of 1.15.
- For Enterprise Value (Cr.), as of Mar 24, the value is 2,705.02. It has increased from 2,447.16 (Mar 23) to 2,705.02, marking an increase of 257.86.
- For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.73. This value is within the healthy range. It has increased from 1.67 (Mar 23) to 1.73, marking an increase of 0.06.
- For EV / EBITDA (X), as of Mar 24, the value is 8.63. This value is within the healthy range. It has increased from 8.59 (Mar 23) to 8.63, marking an increase of 0.04.
- For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.35. This value is within the healthy range. It has decreased from 1.38 (Mar 23) to 1.35, marking a decrease of 0.03.
- For Retention Ratios (%), as of Mar 24, the value is 85.69. This value exceeds the healthy maximum of 70. It has decreased from 88.67 (Mar 23) to 85.69, marking a decrease of 2.98.
- For Price / BV (X), as of Mar 24, the value is 2.67. This value is within the healthy range. It has decreased from 2.99 (Mar 23) to 2.67, marking a decrease of 0.32.
- For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.35. This value is within the healthy range. It has decreased from 1.38 (Mar 23) to 1.35, marking a decrease of 0.03.
- For EarningsYield, as of Mar 24, the value is 0.06. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.06.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
Strength | Weakness |
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in MM Forgings Ltd (MMFL):
- Net Profit Margin: 8.63%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 18.81% (Industry Average ROCE: 9.45%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 17.12% (Industry Average ROE: 9.86%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 4.16
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.7
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 12.2 (Industry average Stock P/E: 80.94)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 1.03
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 8.63%
About the Company - Qualitative Analysis
INDUSTRY | ADDRESS | CONTACT |
---|---|---|
Forgings | �SVK Towers�, A25, 8th Floor, Industrial Estate, Chennai (Madras) Tamil Nadu 600032 | mmforge@mmforgings.com http://www.mmforgings.com |
Management | |
---|---|
Name | Position Held |
Mr. Vidyashankar Krishnan | Chairman & Managing Director |
Mr. K Venkatramanan | Joint Managing Director |
Mrs. Sumita Vidyashankar | Non Executive Director |
Mr. Ramnath Nagarajan | Director - Commercial |
Mr. Krishnakumar Raman | Director - Operations |
Mrs. Rama Sivaraman | Independent Director |
Mr. Shankar Athreya | Independent Director |
Mr. S Krishnakumar | Independent Director |
Mr. R Subramanian | Independent Director |
Mr. Hari Sankaran | Independent Director |
FAQ
What is the intrinsic value of MM Forgings Ltd (MMFL)?
MM Forgings Ltd (MMFL)'s intrinsic value (as of 05 September 2025) is 297.56 which is 6.43% lower the current market price of 318.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,536 Cr. market cap, FY2025-2026 high/low of 610/295, reserves of ₹885 Cr, and liabilities of 2,384 Cr.
What is the Market Cap of MM Forgings Ltd (MMFL)?
The Market Cap of MM Forgings Ltd (MMFL) is 1,536 Cr..
What is the current Stock Price of MM Forgings Ltd (MMFL) as on 05 September 2025?
The current stock price of MM Forgings Ltd (MMFL) as on 05 September 2025 is 318.
What is the High / Low of MM Forgings Ltd (MMFL) stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of MM Forgings Ltd (MMFL) stocks is 610/295.
What is the Stock P/E of MM Forgings Ltd (MMFL)?
The Stock P/E of MM Forgings Ltd (MMFL) is 12.2.
What is the Book Value of MM Forgings Ltd (MMFL)?
The Book Value of MM Forgings Ltd (MMFL) is 193.
What is the Dividend Yield of MM Forgings Ltd (MMFL)?
The Dividend Yield of MM Forgings Ltd (MMFL) is 1.26 %.
What is the ROCE of MM Forgings Ltd (MMFL)?
The ROCE of MM Forgings Ltd (MMFL) is 12.5 %.
What is the ROE of MM Forgings Ltd (MMFL)?
The ROE of MM Forgings Ltd (MMFL) is 15.6 %.
What is the Face Value of MM Forgings Ltd (MMFL)?
The Face Value of MM Forgings Ltd (MMFL) is 10.0.