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    Alice Blue
    3rd Floor, M.R.B.Arcade, No. 153/2,
    Bagalur Main Rd, Dwarka Nagar,
    Yelahanka, Bengaluru, Karnataka
    560063
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    ISO 27001:2022 Alice Blue is Certified Information Security Management System (ISMS)

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    Prevent unauthorized transactions in your account update your mobile number/ email Id with your Stock Broker. Receive information of your transactions directly from Exchange on your mobile / email id at the end of the day.Prevent unauthorized transactions in your account update your mobile number/ email Id with your Stock Broker. Receive information of your transactions directly from Exchange on your mobile / email id at the end of the day.

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    Corporate Office: No. 153/2, 3rd Floor, M.R.B.Arcade, Bagalur Main Road, Dwaraka Nagar, Yelahanka, Bengaluru – 560 063, Karnataka.
    Registered Office: Old No.56/2 ,New No.58, LIC Nagar, Vinayagar Kovil Street, Erode -8,Tamil Nadu– 638002.
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    Performance

    Historical price movement and trading activity

    Trading Data

    Today's High

    538

    Today's Low

    518

    Open

    531.7

    Previous Close

    524.7

    Volume

    99372

    Total Traded Value High

    52604308.75

    Technicals

    Price-based indicators and levels

    Indicators

    IndicatorValueSignal
    Relative Strength Index (RSI)+48.69Neutral
    MACD-19.60Bearish

    Support and Resistance Levels

    R3555.80
    R2546.90
    R1535.80
    S1515.80
    S2506.90
    S3495.80

    Moving Averages

    PeriodSMAEMA
    20D Moving Average512.84518.45
    50D Moving Average574.60547.38
    200D Moving Average502.53507.84
    M M Forgings Ltd

    M M Forgings Ltd

    NSE: MMFL | BSE: 522241
    ₹629.6+104.90 (19.99%)
    BuySell
    Trade now

    Overview

    Castings, Forgings & Fasteners - Forgings - LargeNSE / BSE

    MM Forgings Limited (Formerly known Madras Motors Private Limited) was incorporated in 1946. The Company went public in 1975. Originally dealing in imported motorcycles, it later diversified to establish steel forging plants. The Company's name was changed to M M Forgings Limited in April, 1993. The Company is engaged in the manufacture of Steel Forgings. The plants for manufacture are located at Singampunari - Sivagangai District, Viralimalai - Pudukkottai District and Karanaithangal Village, Kanchipuram District, all within the state of Tamil Nadu. The Company has its machining plant in Kursi Road, Barabanki situated in the state of Uttar Pradesh. During 2001, the company has increased its installed capacity of steel forgings from 15000 tpa to 20000 tpa. The technology collaboration with Tokai Corporation of Japan has enabled the company to improve its quality and productivity. The company has completed 2 Wind farm in Muppandal and the same is expected to generated 6 Million KWHr of power each year. In 2002 the company has merged its wholly owned subsidiary viz Gears India Madaras Ltd, The production capacity of Steel Forgings is being increased from 20000 tonnes to 26500 tonnes and this is under process at the end of the financial year 2003-04.Machining capacity has also been substantially increased in line with changing customer demand. The Company acquired majority stake in the subsidiary Company, DVS Industries Private Limited during the financial year 2017-18 and DVS Industries was made wholly owned subsidiary company in FY 2018-19. The Company acquired Cafoma Autoparts Pvt. Ltd. on 15th October 2021 and was made a wholly owned subsidiary Company. Suvarchas Vidyut Pvt Ltd. was incorporated as a wholly owned subsidiary of the Company on 31st March 2022. In FY 2023-24, the Company's wholly owned subsidiary, Cafoma Autoparts Private Limited got amalgamated with the Company from April 1, 2024 , making the Scheme of Amalgamation effective on 27 May, 2024. DVS Industries Private Limited, wholly owned subsidiary has got amalgamated with the Company on April 1, 2024 in FY 2024-25. The Board of Directors, at its meeting held on 3 February 2025, had approved the Scheme of Amalgamation of DVS Industries Private Limited, a wholly owned subsidiary, with the Company, dated 01 April 2024. The Company is currently awaiting the pronouncement of the order to give effect to the said amalgamation in 2026.

    News

    MM Forgings Q4 PAT jumps 34% YoY to Rs 45 cr

    28 May 2026

    MM Forgings reported a consolidated net profit of Rs 44.74 crore in Q4 FY26, up 34.4% from Rs 33.29 crore in Q4 FY25.

    Revenue from operations rose 16.1% year-on-year to Rs 429.02 crore in the quarter ended 31 March 2026, compared with Rs 369.64 crore in the same quarter last year. EBITDA for the quarter stood at Rs 81.43 crore in Q4 FY26, up 2.6% YoY from Rs 79.36 crore in Q4 FY25. On a full-year basis, consolidated net profit fell 19.0% to Rs 98.67 crore in FY26 from Rs 121.86 crore in FY25, while revenue from operations increased 4.1% to Rs 1,573.30 crore. Vidyashankar Krishnan, chairman and managing director of MM Forgings, said, 'The global economic conditions during FY26 remained mixed amid evolving geopolitical developments, ongoing regional conflicts, trade-related uncertainties, changing trade policies across major economies, and volatility in commodity markets. Despite continued geopolitical and trade-related uncertainties, the company has maintained operational stability through proactive sourcing strategies, improved efficiencies, and disciplined cost management initiatives. Demand visibility across key customer segments remains encouraging, supported by strengthening domestic market conditions and gradual improvement in export inquiries across select geographies. The company continues to enhance its manufacturing capabilities and operational readiness through ongoing capacity augmentation and process optimization initiatives, positioning it well to address future growth opportunities. Supported by a healthy order pipeline, diversified customer relationships, a long-term strategic outlook, a strong financial foundation, and prudent financial management, the company will sustain its growth momentum while maintaining focus on profitability and long-term value creation, subject to evolving global economic and geopolitical conditions.' Meanwhile, the Board has declared an interim dividend of 40% (Rs 4 per equity share of face value Rs 10 each), with the record date fixed as 12 June 2026 and payment to be made on or before 24 June 2026. MM Forgings is engaged in the manufacture of steel forgings, primarily catering to the automotive sector. The company produces forged components in raw, semi-machined, and fully machined conditions across various grades of carbon steel, alloy steel, micro-alloy steel, and stainless steel. Shares of MM Forgings fell 2.27% to end at Rs 460.05 on the BSE on Wednesday, 27 May 2026. Powered by Capital Market - Live News

    Fundamentals

    Financial strength and ownership structure

    Valuation & Ratios

    Market Capitalisation

    ₹1,782.32

    Price to Book (PB)

    1.83

    Price to Earnings (PE)

    18.06

    Return on Equity (ROE)

    10.01%

    Earnings Per Share (EPS)

    20.44

    Dividend Yield

    1.08%

    Financial Performance

    397.37
    396.84
    378.04
    390.76
    372.49
    369.64
    354.21
    376.76
    412.25
    429.02
    409.90
    537.45
    Dec
    '23
    Mar
    '24
    Jun
    '24
    Sep
    '24
    Dec
    '24
    Mar
    '25
    Jun
    '25
    Sep
    '25
    Dec
    '25
    Mar
    '26
    Jun
    '26
    Sep
    '26

    Shareholding Pattern

    56.34%
    56.34%
    56.34%
    56.34%
    Dec
    '25
    Mar
    '26
    Jun
    '26
    Sep
    '26