Equities

MM Forgings Ltd

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MM Forgings Ltd

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Basic MaterialsIndustrial Metals and Mining
  • Price (INR)466.05
  • Today's Change-8.95 / -1.88%
  • Shares traded35.09k
  • 1 Year change+29.69%
  • Beta1.0585
Data delayed at least 15 minutes, as of Feb 13 2026 08:54 GMT.
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Notice
Important Notice
Please note that effective 5th February, 2026 the Financial Times will no longer publish or present securities from the Nairobi Stock Exchange.

Profile data is unavailable for this security.

About the company

MM Forgings Limited is engaged in the manufacture of steel forgings. The Company’s product categories include Passenger Cars, Commercial Vehicles, Agricultural, Off-Highway, and High Pressure Values. The Passenger Cars category includes products, such as sprocket, flange housing, connecting rod, rail forging, hub, and knuckle. The Commercial Vehicles category includes products, such as front axle beam, universal joint cross, steering arm, planetary wheel carrier, pivot arm, upper arm shaft, shifter fork, and rear axle spindle. The Agricultural category includes products such as yoke shaft, double yoke, crankshaft-single-cylinder, crankshaft-three-cylinder, crankshaft-six-cylinder, and crankshaft-two-cylinder. The Off Highway category includes products, such as link, lever, fit yoke, and yoke. The High Pressure Values category includes products, such as the body and bonnet. The Company has its machining plant in Kursi Road, Barabanki, situated in the state of Uttar Pradesh.

  • Revenue in INR (TTM)14.91bn
  • Net income in INR956.03m
  • Incorporated1946
  • Employees2.30k
  • Location
    MM Forgings Ltd95, Anna salai, GuindyCHENNAI 600032IndiaIND
  • Phone+91 4 471601000
  • Fax+91 4 471601010
  • Websitehttps://www.mmforgings.com/
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Salasar Techno Engineering Ltd15.99bn233.03m15.28bn1.22k63.941.8630.580.95520.13670.13679.194.700.97383.033.8113,162,840.001.453.962.968.2518.1319.251.483.490.92091.900.3007--19.7822.43-63.91-3.11-6.82--
Hi-Tech Pipes Ltd34.53bn762.03m17.66bn535.0023.17--17.670.51153.763.76170.25--------64,550,640.00--4.71--7.748.208.192.211.91--3.60--0.685513.6520.4666.0532.8848.860.00
MSP Steel & Power Ltd28.65bn-825.25m17.93bn1.24k--1.96--0.6258-1.35-1.3550.1616.101.875.3834.3223,176,800.00-5.40-0.416-8.37-0.619119.6114.25-2.88-0.27470.37181.320.2356--1.0913.64-297.47--66.25--
Mukand Ltd46.58bn646.90m19.44bn1.45k30.082.0316.270.41734.474.47321.8866.271.331.7710.2432,216,390.001.851.905.353.0725.069.901.391.400.3171.460.654228.99-5.5010.84-26.11--41.57--
Rhetan TMT Ltd226.64m36.51m20.77bn41.00468.2821.27373.5891.630.05570.05570.291.220.17070.44760.80825,527,805.002.753.703.344.8917.4313.0116.114.843.670.35120.2941---42.6213.18-20.03---13.31--
MM Forgings Ltd14.91bn956.03m22.95bn2.30k24.012.4811.891.5419.8019.80308.81192.010.62632.074.186,492,409.004.026.485.919.9846.9040.236.418.080.85872.600.567415.78-2.4214.67-9.7623.7932.989.86
Steelcast Ltd4.32bn904.49m23.19bn1.05k25.67--22.485.378.938.9342.59--------4,113,708.00--18.92--24.8645.0939.4420.9615.27--218.54--18.70-8.2113.76-3.7455.3622.0864.38
Prakash Industries Ltd35.31bn3.28bn23.74bn2.59k7.250.69234.910.672318.2918.29197.14191.470.79644.9220.6713,658,920.007.395.719.186.9435.6424.209.286.340.74867.920.0907--9.156.192.0924.63-6.85--
Rajratan Global Wire Ltd10.94bn699.40m24.26bn455.0034.68--25.022.2213.7813.78215.43--------24,035,820.00--12.41--17.6339.6530.346.409.81--3.95--11.945.0314.26-18.1512.225.5737.97
Venus Pipes and Tubes Ltd11.23bn1.00bn24.70bn825.0024.41--20.202.2048.8448.84547.47--------13,609,560.00--12.61--21.3233.4124.418.929.25--4.04--2.1919.4940.078.0486.4070.95--
Vardhman Special Steels Ltd17.25bn1.08bn25.13bn1.36k21.83--17.801.4611.9011.90193.35--------12,652,650.00--9.06--12.7631.5922.286.255.76--9.39--17.986.2015.831.5994.5527.10--
Aeroflex Industries Ltd4.08bn491.24m25.57bn556.0050.85--35.836.273.803.8031.51--------7,334,335.00--12.88--18.5842.9336.1812.0511.70--84.22--4.5018.3521.1225.8162.10143.36--
JTL Industries Ltd19.14bn808.76m25.69bn738.0033.05--25.611.341.981.9846.07--------25,929,990.00--14.21--17.6313.6210.484.295.25--11.56--0.5538-6.0752.82-12.5657.88100.65--
Orissa Minerals Development Company Ltd718.23m-267.59m26.52bn236.00------36.92-44.58-44.58119.70--------3,043,339.00---5.11---16.77123.1071.55-37.26-40.77---1.04-----21.47---1,526.84--160.28--
Sambhv Steel Tubes Ltd22.23bn1.05bn29.03bn--24.82--18.901.313.973.9783.18------------------28.07--4.74----3.82----17.55---30.54------
Data as of Feb 13 2026. Currency figures normalised to MM Forgings Ltd's reporting currency: Indian Rupee INR

Institutional shareholders

7.99%Per cent of shares held by top holders
HolderShares% Held
HDFC Asset Management Co. Ltd. (Invt Mgmt)as of 31 Dec 20251.80m3.74%
Tata Asset Management Pvt Ltd.as of 31 Dec 20251.58m3.27%
Dimensional Fund Advisors LPas of 08 Jan 2026250.21k0.52%
ICICI Prudential Asset Management Co. Ltd. (Invt Mgmt)as of 31 Dec 2025169.28k0.35%
American Century Investment Management, Inc.as of 08 Jan 202614.57k0.03%
SSgA Funds Management, Inc.as of 08 Jan 202614.34k0.03%
Dimensional Fund Advisors Ltd.as of 30 Nov 202513.01k0.03%
Navi AMC Ltd.as of 31 Dec 202511.00k0.02%
DFA Australia Ltd.as of 31 Dec 20252.07k0.00%
Sundaram Asset Management Co. Ltd.as of 31 Dec 20250.000.00%
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Data from 30 Sep 2025 - 15 Jan 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
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