NSE ScannerCapital Goods & Machinery · Metal Fabrication · NSE: MMFL · data 2026-10-31
MM Forgings Limited
In plain words
Price: 29.8% below its 52-week high of ₹687.95.
Delivery: 53.6% of traded shares were kept for delivery over the last 10 sessions, against 50.1% over the last 60.
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹1,649 cr |
| Net profit (last 12 months) | ₹113 cr |
| Sales growth, 3 years (yearly) | 2.8% |
| Profit growth, 3 years (yearly) | -8.3% |
At a glance
Promoters 56.3% (unchanged in a year), pledged 0.0%, institutions 10.5%.
P/E 20.6, dividend yield 0.8%. Price relative to earnings and book value (low is cheaper, not better).
ROE 10.6%, ROCE 11.1%, operating margin 11.1%: how much profit it earns on the money it uses.
Debt/equity 1.27, Profit growth -8.3% and sales growth 2.8% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
None flagged by these rules.
- Profit fell 8.3% a year over 3 years.
- Slow sales growth (2.8% a year over 3 years).
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Smart-money activity
33/100 · Neutral over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 11/30: Delivery 57.0% over the last 20 sessions vs 49.2% in the 40 before (1.16x); shares delivered per day 0.64x usual; 1 delivery-spike day (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 17/20: Net +₹15.93 cr bought in bulk/block deals over 90 days (3.19x a usual day's traded value); 1 net buying day, 0 net selling days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 0/15: No mutual fund scheme lists this stock. Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 0/15: No accumulation evidence row (only saved-scan stocks have one; 0 points).
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Deal ● Dividend
- 30 Oct 26Deal Bulk deal: INTEGRATED INSURANCE BROKING SERVIC… bought ₹15.93 cr
- 12 Jun 26Dividend Dividend ₹4 (ex-date) +5.2% next session
- 30 Jul 25Dividend Dividend ₹4 (ex-date) -2.5% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 56.34% | 56.34% | 56.34% | 56.34% |
| Foreign institutions (FII) | 3.11% | 2.44% | 1.86% | 1.74% |
| Domestic institutions (DII) | 7.41% | 7.49% | 8.37% | 8.55% |
| Mutual funds | 7.05% | 7.13% | 7.20% | 7.38% |
| Retail investors | 12.97% | 14.17% | 14.03% | 15.51% |
| Number of shareholders | 27,945 | 29,930 | 30,828 | 34,244 |
Common questions
How much do promoters hold in MM Forgings Limited?
Promoters held 56.34% of MM Forgings Limited at the end of Sept 2026, with 0.00% of promoter shares pledged.
Is MM Forgings Limited debt-free?
Its latest reported debt-to-equity ratio is 1.27, meaning borrowings are larger than shareholders' equity.
What is MM Forgings Limited's P/E ratio?
About 20.6, based on the last 12 months' earnings and a price of ₹482.9 (data 2026-10-31).
What is the 52-week high and low of MM Forgings Limited?
The 52-week high is ₹687.95 and the 52-week low is ₹295.2.
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| MM Forgings Limited | ₹482.9 | ₹2,318 cr | 20.6 | — | 10.6% | 11.1% | 1.27 | +57.8% |
| Harsha Engineers International Ltd. | ₹414.15 | ₹3,775 cr | 24.4 | — | 11.7% | 12.3% | 0.27 | +1.6% |
| Rajratan Global Wire Limited | ₹424.4 | ₹2,155 cr | 25.9 | 3.1 | 11.6% | 15.2% | 0.5 | +6.4% |
| OBSC Perfection Ltd. | ₹818.45 | ₹2,115 cr | 65.7 | 11.7 | 19.6% | 19.7% | 0.4 | +164.2% |
| Menon Bearings Limited | ₹276.2 | ₹1,553 cr | 29.8 | 7.7 | 22.2% | 26.7% | 0.25 | +136.1% |
| Frontier Springs Limited. | ₹1,280.6 | ₹1,510 cr | 25.8 | — | 39.9% | 51.5% | 0.06 | -17.0% |
Compare MMFL with HARSHA in detail →
The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
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