M M Forgings Ltd Share Price

Q: What is the share price of M M Forgings Ltd today?

M M Forgings Ltd share price as on 22 Jan 2025 is ₹439.25

Forgings - Large

NSE: MMFL Small Cap ISIN: INE227C01017

As on 22 January 2025 at 18:34 IST

₹439.25

-10.35

(-2.30%)

Sell Buy

Over 1 Month

-6.71%

Over 6 Months

-29.70%

Over 1 Year

-2.68%

Over 3 Years

31.62%

M M Forgings Ltd Summary

Close ₹ 439.25

Open ₹ 456.30

High ₹ 456.30

Low ₹ 436.25

Volume 48,641

Net Turnover (in ₹) ₹ 96,03,169.15

52Wk High ₹ 729.80

52Wk Low ₹ 415

52Wk High / Low

415

729.80

M M Forgings Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 2,170.74

EPS (TTM) 29.24

Book Value (BV) 183.40

Div. Yield 0.89 %

P/E (TTM) 15.33

Price/Book Value 2.44

Delivery % 49.59 %

Face Value 10

Key Ratios

PE Ratio 14.46

PB Ratio 2.58

EV to Sales 1.85

PEG Ratio 0.96

ROA 8.30

ROE 19.31

Debt-Equity 1.12

Net Profit Margin 9.53

Operating Profit Margin 20.59

M M Forgings Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	1,583.55	1,473.92	1,153.86	769.82	787.74
Total Expenses	1,395.37	1,297.41	1,026.48	720.15	734.85
Profit Before Tax	189.49	176.96	128.86	51.63	53.11
Profit After Tax	135.04	127.95	91	46.06	41.92
Operating Profit after Depreciation	230.51	206.08	155.11	81.80	91.19

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	914.17	804.21	708.17	675.44	712.39
Total Non Current Assets	1,101.85	920.52	795.44	738.07	775.87
Total Current Assets	866.11	740.32	618.79	511.60	358.02
TOTAL ASSETS	1,967.95	1,660.83	1,414.23	1,249.67	1,133.89
Total Shareholder's Fund	788.73	673.01	559.55	487.16	455

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	131.24	160.31	150.43	20.35	282.81
Net Cash used in Investing Activities	-232.12	-187.17	-125.55	-11.43	-77.86
Net Cash used in Financing Activities	94.50	16.49	14.12	3.29	-201.79

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	1,552.46	1,428.92	1,123.22	747.24	745.80
Total Expenses	1,353.74	1,253.24	990.32	692.31	688.38
Profit Before Tax	199.43	175.94	132.90	54.93	57.42
Profit After Tax	145.46	126.40	91.76	46.61	46.24
Operating Profit after Depreciation	241.28	205.25	160.21	86.15	90.47

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	817.53	718.61	649.83	617.51	652.91
Total Non Current Assets	1,127.47	936.94	824.53	757.07	798.38
Total Current Assets	868.46	736.47	614.62	505.91	341.22
TOTAL ASSETS	1,995.93	1,673.40	1,439.14	1,262.98	1,139.60
Total Shareholder's Fund	816.33	690.18	577.64	500.36	468.31

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	144.55	116.22	147.28	10.23	273.01
Net Cash used in Investing Activities	-201.28	-160.40	-126.01	-12.08	-71.43
Net Cash used in Financing Activities	63.07	21.44	16.71	14.50	-199.32

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	398.26	382.19	397.49	398.75	396.65
Total Expenses	321.31	309.07	319.96	323.43	322.10
Profit Before Tax	44.91	42.11	50.40	48.89	49.72
Profit After Tax	31.91	30.11	36.80	33.54	35.45
Operating Profit after Depreciation	84.06	78.66	83.28	80.72	78.64

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	389.43	368.52	388.58	388.12	384.12
Total Expenses	312.57	296.98	313.32	315.06	312.22
Profit Before Tax	48.93	44.44	51.63	50.29	50.87
Profit After Tax	35.93	32.43	38.04	34.78	36.62
Operating Profit after Depreciation	85.34	78.42	82.45	79.84	77.03

M M Forgings Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 445.38

S2 441.17

S3 434.33

Pivot 452.22

R1 456.43

R2 463.27

R3 467.48

Moving Average

20 SMA 449.57

50 SMA 480.39

100 SMA 518.42

200 SMA 549.33

M M Forgings Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

M M Forgings Ltd

₹8/Share

Announcement Date 14 Jun 2024

Record Date 14 Jun 2024

Div Yield 80%

AGM Date: 04 Jul 2022

AGM 04/07/2022 1. We wish to inform the dates with regard to Annual General Meeting of the Company to be held on Monday, 04 July 2022 at 3.00 P.M. 2. E- voting dates : Friday, 01 July 2022 at 9.00 P.M. to Sunday, 03 July 2022 at 5.00 P.M. With reference to Regulation 34 of SEBI LODR, please find enclosed the Annual Report, along with the Notice of Annual General Meeting of the shareholders Please find enclosed the AGM notice (As Per BSE Announcement Dated on 11.06.2022) Please find enclosed the Proceedings of the Annual General Meeting of the Company held on 04 July 2022, pursuant to Regulation 30 of SEBI( LODR) Regulation 2015. (As Per BSE Announcement Dated on 04.07.2022) With regard to the Annual General Meeting held on 04 July 2022, please find enclosed the Scrutinizer's Report. (As Per BSE Announcement Dated on 05/07/2022)

AGM Date: 11 Aug 2023

1. We wish to inform the dates with regard to Annual General Meeting of the Company to be held on Friday, 11 August 2023 at 12.00 Noon. 2. e-Voting dates: Tuesday, 08 August 2023 at 9.00 A.M. (IST) to Thursday, 10 August 2023 at 5.00 P.M. (IST) Newspaper Publication - reg. 1. 77th Annual General Meeting of the Company is scheduled to be held on 11 August 2023 at 4.30 p.m. (IST) 2. Requesting shareholders to register their e-mail id to receive the Notice of AGM and the Annual Report through e-mail. Kindly take on your records please. (As Per BSE Announcement Dated on 12.07.2023) Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the following appointment / reappointment of directors were approved by the shareholders at the AGM held today, 11 August 2023. 1. Re-appointment of Shri. Vidyashankar Krishnan as Vice Chairman and Managing Director for further period of five years effective 01 September 2023. 2. Re-appointment of Shri. K. Venkatramanan as Joint Managing Director for a further period of five years effective 01 September 2023. 3. Appointment of Shri. Shankar Athreya as Non-Executive Independent Director for a period of five years effective 11 August 2023. 4. Appointment of Shri. Hari Sankaran as Non-Executive Independent Director for a period of five years effective 01 April 2024. As per Regulation 30 of SEBI (LODR) Regulation, the shareholders in the AGM held today approved the adoption of new set of Articles of Association of the Company aligned in line with the provisions of the Companies Act, 2013 replacing the existing Articles framed under the erstwhile provision of the Companies Act, 1956. (As Per BSE Announcement dated on 11.08.2023) In connection with 77th AGM of the Company held on 11 August 2023 at 4.30 p.m. (IST), we are herewith enclosing the Voting results and Scrutinizer report. (As per BSE Announcement Dated on 12/08/2023)

AGM Date: 08 Jul 2024

We wish to inform that 78th Annual General Meeting of the Company will to be held on Monday, 08 July 2024 at 3.00 p.m. (IST) through Video Conferencing ('VC') / Other Audio-Visual Means ('OAVM'). The 78th AGM of the Company will be held on Monday, 08 July 2024 at 3 p.m. (IST) through video conferencing / Audio-Visual Means. Proceedings of 78th Annual General Meeting of the Company (As per BSE Announcement Dated on 08/07/2024)

M M Forgings Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
M M Forgings Ltd	₹448.35	₹2,164.71
Bharat Forge Ltd	₹1,201.75	₹57,454.30
AIA Engineering Ltd	₹3,594.70	₹33,905.34
PTC Industries Ltd	₹15,529.65	₹23,269.82
CIE Automotive India Ltd	₹464.50	₹17,621.38
Ramkrishna Forgings Ltd	₹936.85	₹16,951.36

M M Forgings Ltd News

MM Forgings to convene board meeting

On 26 October 2024

21 Oct 2024, 03:37 pm

MM Forgings to convene board meeting

On 12 August 2024

07 Aug 2024, 01:55 pm

Board of M M Forgings approves allotment of 2.41 cr bonus equity shares

At meeting held on 17 July 2024

17 Jul 2024, 03:47 pm

MM Forgings to conduct board meeting

On 17 July 2024

13 Jul 2024, 03:15 pm

Board of M M Forgings to consider bonus issue

On 17 July 2024

13 Jul 2024, 01:50 pm

M M Forgings Ltd Stock Analysis

Annual revenue for M M Forgings Ltd increased by 8.65% to ₹1,552.46 crore in FY 2024 from ₹1,428.92 crore in FY 2023.
Annual Net Profit for M M Forgings Ltd increased by 15.08% to ₹145.46 crore in FY 2024 from ₹126.40 crore in FY 2023.
Promoter Shareholding in M M Forgings Ltd remains unchanged by 0.00% in the most recent quarter, from 56.34% in September 2024 to 56.34% in December 2024.
M M Forgings Ltd delivered a 1-year return of -2.68% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
M M Forgings Ltd share price moved down by 2.30% from its previous close of INR ₹449.60. The latest M M Forgings Ltd share price is INR ₹439.25.
M M Forgings Ltd share price today has been at a low of 436.25 and a high of 456.30. Over the past 52 weeks, the M M Forgings Ltd share price has seen a low of 415 and a high of 729.80.