₹620.55
▲ +3.58 +0.58%
As of 09 Sept 2026 · delayed
NSE Listed
MM Forgings Ltd. (MMFL)
Volume: 91,871Avg Vol 1W: 1,13,855.8Avg Vol 1M: 1,97,877.352W Range:₹288.1₹687.95
Key Ratios
Checked 5h agoMarket Cap₹2,979 Cr
Current Price₹620.55
Previous Close₹616.97
High / Low (52w)₹687.95 / ₹288.1
Volume91,871
Avg Vol (1W)1,13,855.8
Avg Vol (1M)1,97,877.3
Stock P/E26.48
Book Value₹201.99
Dividend Yield65%
ROE10.09%
ROA6.71%
Revenue (TTM)₹1,605 Cr
Revenue Growth-2.4%
Profit Margin10.39%
Total Debt₹604 Cr
Shares Outstanding5 Cr
Face Value₹10
EPS (TTM)₹23.3
P/B3.06
Debt / Equity1.3
50 DMA₹584.01
200 DMA₹472.67
Day change+0.58%
Price Chart
₹620.55▲ 91.00% · 1Y
2025-09-102026-09-09
20-day avg volume: 2.0L shares
Pros
- Pays a dividend yield of 65.0%.
- Company is almost debt-free.
- Revenue grew 21% YoY.
- Net profit is growing year over year.
Quarterly Results
| Metric | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹398 Cr | ₹374 Cr | ₹371 Cr | ₹362 Cr | ₹385 Cr | ₹414 Cr | ₹430 Cr | ₹420 Cr |
| EBITDA | ₹61 Cr | ₹54 Cr | ₹54 Cr | ₹46 Cr | ₹46 Cr | ₹46 Cr | ₹54 Cr | ₹51 Cr |
| Net Profit | ₹32 Cr | ₹27 Cr | ₹33 Cr | ₹19 Cr | ₹17 Cr | ₹18 Cr | ₹45 Cr | ₹90 Cr |
| EPS | — | — | — | — | — | — | — | — |
Profit & Loss (Annual)
| Metric | Mar 2025 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹355 Cr | ₹1,548 Cr | ₹349 Cr | ₹378 Cr | ₹405 Cr | ₹1,605 Cr | ₹413 Cr | ₹420 Cr |
| EBITDA | ₹58 Cr | ₹225 Cr | ₹49 Cr | ₹47 Cr | ₹55 Cr | ₹192 Cr | ₹57 Cr | ₹53 Cr |
| Net Profit | ₹36 Cr | ₹123 Cr | ₹22 Cr | ₹18 Cr | ₹26 Cr | ₹99 Cr | ₹48 Cr | ₹35 Cr |
| EPS | — | 25.52 | — | — | — | 20.44 | — | — |
Balance Sheet
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹1,218 Cr | ₹1,134 Cr | ₹1,250 Cr | ₹1,414 Cr | ₹1,661 Cr | ₹1,969 Cr | ₹2,350 Cr | ₹2,496 Cr |
| Total Liabilities | ₹791 Cr | ₹679 Cr | ₹763 Cr | ₹855 Cr | ₹987 Cr | ₹1,180 Cr | ₹1,456 Cr | ₹1,521 Cr |
| Equity | ₹427 Cr | ₹455 Cr | ₹487 Cr | ₹560 Cr | ₹673 Cr | ₹789 Cr | ₹894 Cr | ₹976 Cr |
| Total Debt | — | — | — | — | — | — | — | — |
Cash Flow
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating | ₹53 Cr | ₹292 Cr | ₹25 Cr | ₹177 Cr | ₹203 Cr | ₹181 Cr | ₹241 Cr | ₹245 Cr |
| Investing | ₹-301 Cr | ₹-78 Cr | ₹-11 Cr | ₹-126 Cr | ₹-187 Cr | ₹-232 Cr | ₹-358 Cr | ₹-182 Cr |
| Financing | ₹281 Cr | ₹-202 Cr | ₹3 Cr | ₹14 Cr | ₹16 Cr | ₹77 Cr | ₹185 Cr | ₹-38 Cr |
| Free Cash Flow | ₹-262 Cr | ₹195 Cr | ₹25 Cr | ₹177 Cr | ₹203 Cr | ₹181 Cr | ₹241 Cr | ₹245 Cr |
Shareholding
Promoter 56.34% Institutions 9.93% Public 33.73%
Efficiency & Working Capital
ROCE9.4%
Interest Coverage2.5
Dividend Payout—
Debtor Days96 d
Inventory Days77 d
Payable Days46 d
Cash Conversion Cycle127 d
Working Capital Days173 d
Shareholding Details
As of 2026-06-30
Promoter56.3%
FII2.4%
DII7.5%
Institutions9.9%
Public33.7%
Promoter Pledge0%
No. of Shareholders29,930
Shareholding Pattern
Quarterly — figures in %. Latest 12 quarters.
| Period | Mar 2024 | Jun 2024 | Jul 2024 | Jul 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 56.3% | 56.3% | 56.3% | 56.3% | 56.3% | 56.3% | 56.3% | 56.3% | 56.3% | 56.3% | 56.3% | 56.3% |
| FIIs | 2.3% | 2.8% | 2.6% | 2.6% | 3.4% | 3.7% | 3.1% | 1.8% | 1.8% | 1.7% | 1.9% | 2.4% |
| DIIs | 11.8% | 10.7% | 10.6% | 10.6% | 10.5% | 9.9% | 8.9% | 8.3% | 8.3% | 8.5% | 8.4% | 7.5% |
| Public | 29.6% | 30.1% | 30.5% | 30.4% | 29.7% | 30.1% | 31.6% | 33.5% | 33.6% | 33.4% | 33.4% | 33.7% |
| Promoter Pledge | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 22,529 | 27,478 | 30,760 | 30,760 | 34,494 | 33,878 | 34,349 | 35,742 | 35,811 | 34,244 | 30,828 | 29,930 |
Returns History (ROE / ROCE / ROA)
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202603 | — | — | — | — |
Major Shareholders (>1%)
| Name | Category | Stake | Shares |
|---|---|---|---|
| Synmax Consultants And Trading Pvt Ltd | Shareholding of Promoter and Promoter Group | 24% | 1.16 Cr |
| Krishnan Vidya Shankar | Shareholding of Promoter and Promoter Group | 11.3% | 54,40,480 |
| K Venkatramanan | Shareholding of Promoter and Promoter Group | 10.7% | 51,69,920 |
| Sivasundar Private Ltd | Shareholding of Promoter and Promoter Group | 3.9% | 18,74,400 |
| Hdfc Mutual Fund | Public Shareholding | 3.7% | 18,04,178 |
| Tata Mutual Fund | Public Shareholding | 3.3% | 15,76,286 |
| S Lakshman | Shareholding of Promoter and Promoter Group | 3.1% | 14,87,996 |
| Lakshmi Ramachandran | Shareholding of Promoter and Promoter Group | 2.4% | 11,35,960 |
| Srinivasan V | Public Shareholding | 1.8% | 8,45,200 |
| Sandhya G Parikh | Public Shareholding | 1.4% | 6,67,311 |
| Chinmay G Parikh | Public Shareholding | 1.4% | 6,59,812 |
| Catamaran Ventures Llp | Public Shareholding | 1% | 4,94,061 |
| R Subramonian | Shareholding of Promoter and Promoter Group | 0.6% | 3,10,400 |
| Ajay Shankar Ramachandran | Shareholding of Promoter and Promoter Group | 0.2% | 1,08,000 |
| Sumita Vidyashankar | Shareholding of Promoter and Promoter Group | 0.1% | 65,600 |
| Vijay Sundar Ramachandran | Shareholding of Promoter and Promoter Group | 0% | 15,024 |
| Sandhya Vidyashankar | Shareholding of Promoter and Promoter Group | 0% | 10 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| Vidyashankar Krishnan | Chairman / Executive Director / MD / CEO | 2026 |
| K Venkatramanan | Executive Director / JMD / WTD | 2026 |
| Sumita Vidyashankar | Non-Exec & Non-Independent Dir | 2026 |
| Shankar Athreya | Independent Non Exe. Director | 2026 |
| S. Krishnakumar | Independent Non Exe. Director | 2026 |
| R. Subramanian | Independent Non Exe. Director | 2026 |
| Hari Sankaran | Independent Non Exe. Director | 2026 |
| Ramnath Nagarajan | Executive Director | 2026 |
| Krishnakumar Raman | Executive Director | 2026 |
| Rama Sivaraman | Non-Exec & Non-Independent Dir | 2026 |
| Chandrasekar. S | Company Sec. & Compli. Officer | 2026 |
Segments — Product
| Segment | Revenue | Share |
|---|---|---|
| Manufacture of Steel Forging | ₹0 Cr | — |
Capital Structure (₹ Cr)
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2026 | ₹10 | 51 | 48 | 48 |
Corporate Actions
| Type | Date | Value | Remark |
|---|---|---|---|
| forthcoming | 2026-08-14 | Board Meetings | — |
| forthcoming | 2026-08-07 | Board Meetings | — |
| dividend | 2026-06-12 | ₹4.0 (40.0%) | Interim |
| dividend | 2026-06-12 | ₹4 (40%) | Interim |
| dividend | 2025-07-30 | ₹4 (40%) | Final |
Related-Party Transactions (₹ Cr)
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2026 | 40 | 0 | 0 | 0 | 0 | 40 |
| 2026 | 40 | 0 | 0 | 0 | 0 | 40 |
| 2025 | 40 | 0 | 0 | 0 | 0 | 40 |
Substantial Acquisitions (SAST)
2 disclosure(s)
Market04/03/2024 · 4,94,886
Market04/03/2024 · 4,94,724
Company Information
Incorporated1946
ChairmanVidyashankar Krishnan
AuditorG Ramesh Kumar & Co
Investor Email[email protected] ; [email protected]
📍 SVK Tower A/24/25 Guindy, Thiru Vi Ka Industrial Estate, Chennai, Tamil Nadu, 600032
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