M M Forgings Share Price

  • 1,297.0526.05 (2.05%)
NSE
  • Closed
  • As On: 08 Jul, 2024, 03:55 PM IST
  • Open1,280.00
  • High1,317.00
  • Low1,265.15
  • Prev Close1,271.00
  • Volume1,02,045
  • VWAP(₹)1,297.79

M M Forgings share price insights

  • Employee & Interest Expense

    Company has spent 2.71% of its operating revenues towards interest expenses and 9.61% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)
  • Stock Returns vs Nifty Smallcap 100

    Stock gave a 3 year return of 128.82% as compared to Nifty Smallcap 100 which gave a return of 80.38%. (as of last trading session)
  • M M Forgings Share Price Update

    M M Forgings Ltd. share price moved up by 2.05% from its previous close of Rs 1,271.00. M M Forgings Ltd. stock last traded price is 1,297.05

    Share PriceValue
    Today/Current/Last1,297.05
    Previous Day1,271.00

M M Forgings Share Price Returns

1 Day2.05%
1 Month9.35%
3 Months47.07%
1 Year41.04%
3 Years67.11%
5 Years182.43%

Key Metrics

PE Ratio(x)23.23
EPS - TTM(₹)55.84
MCap(₹ Cr.)3,131.18
MCap Rank42
PB Ratio(x)3.89
Div Yield(%)0.62
Face Value(₹)10.00
52W High(₹)1,352.00
52W Low(₹)825.00
MCap/Sales1.35
Beta(1 Month)1.32
BV/Share(₹)326.87

M M Forgings Share Recommendations

Mean recosCurrent
STRONG BUY

2 Analysts

Strong
Sell
SellHoldBuyStrong
Buy
Analyst Trends
RatingsCurrent1W Ago1M Ago3M Ago
Strong Buy2222
Buy----
Hold----
Sell----
Strong Sell----
# Analysts2222
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M M Forgings Financials

  • Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Total Income403.24404.15400.73375.43393.01
    Total Income Growth (%)-0.220.856.74-4.474.45
    Total Expenses339.57344.32342.29325.56339.12
    Total Expenses Growth (%)-1.380.605.14-4.006.13
    EBIT63.6859.8358.4549.8653.89
    EBIT Growth (%)6.432.3717.21-7.47-5.02
    Profit after Tax (PAT)36.8033.5435.4529.0030.79
    PAT Growth (%)9.70-5.3822.24-5.80-13.97
    EBIT Margin (%)15.7914.8014.5813.2813.71
    Net Profit Margin (%)9.138.308.857.737.83
    Basic EPS (₹)15.2413.9014.6912.0112.75
    Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
    Total Income395.77394.49389.24371.81378.24
    Total Income Growth (%)0.321.354.69-1.703.16
    Total Expenses330.28330.11329.72320.95324.78
    Total Expenses Growth (%)0.050.122.73-1.184.12
    EBIT65.4964.3859.5350.8653.46
    EBIT Growth (%)1.728.1517.04-4.86-2.31
    Profit after Tax (PAT)38.6238.0236.6230.0930.29
    PAT Growth (%)1.593.8121.70-0.66-10.54
    EBIT Margin (%)16.5516.3215.2913.6814.13
    Net Profit Margin (%)9.769.649.418.098.01
    Basic EPS (₹)16.0015.7515.1712.4612.55
    FY 2024FY 2023FY 2022FY 2021FY 2020
    Total Revenue1,583.551,473.921,153.86804.26787.74
    Total Revenue Growth (%)7.4427.7443.472.10-17.08
    Total Expenses1,395.371,297.421,026.48753.82734.85
    Total Expenses Growth (%)7.5526.4036.172.58-12.93
    Profit after Tax (PAT)135.04127.9491.0046.7141.71
    PAT Growth (%)5.5540.6094.8211.97-47.09
    Operating Profit Margin (%)14.7414.0913.6110.9411.85
    Net Profit Margin (%)8.638.757.985.965.42
    Basic EPS (₹)55.9453.0037.6919.3517.28
    FY 2024FY 2023FY 2022FY 2021FY 2020
    Total Revenue1,552.461,425.401,123.22747.24745.80
    Total Revenue Growth (%)8.9126.9050.320.19-18.91
    Total Expenses1,353.741,250.56990.32692.31688.38
    Total Expenses Growth (%)8.2526.2843.050.57-15.14
    Profit after Tax (PAT)145.46125.5991.7646.6146.24
    PAT Growth (%)15.8236.8796.880.80-43.16
    Operating Profit Margin (%)15.8014.4814.5011.8712.43
    Net Profit Margin (%)9.528.918.306.426.35
    Basic EPS (₹)60.2652.0238.0119.3119.15

    All figures in Rs Cr, unless mentioned otherwise

    Insights
    • Employee & Interest Expense

      Company has spent 2.71% of its operating revenues towards interest expenses and 9.61% towards employee cost in the year ending 31 Mar, 2024. (Source: Consolidated Financials)
  • AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Total Assets1,967.951,660.121,414.251,267.261,133.64
    Total Assets Growth (%)18.5417.3911.6011.79-7.13
    Total Liabilities1,178.86986.75854.70780.10678.63
    Total Liabilities Growth (%)19.4715.459.5614.95-14.46
    Total Equity789.09673.37559.55487.16455.01
    Total Equity Growth (%)17.1920.3414.867.076.49
    Current Ratio (x)1.171.191.311.171.14
    Total Debt to Equity (x)1.030.971.071.091.08
    Contingent Liabilities--8.085.87-
    AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Total Assets1,995.931,670.141,439.141,262.981,139.60
    Total Assets Growth (%)19.5116.0513.9510.83-6.34
    Total Liabilities1,179.61981.40861.51762.62671.29
    Total Liabilities Growth (%)20.2013.9212.9713.61-13.99
    Total Equity816.33688.74577.64500.36468.31
    Total Equity Growth (%)18.5319.2315.446.847.35
    Current Ratio (x)1.171.201.291.171.12
    Total Debt to Equity (x)0.990.941.021.061.05
    Contingent Liabilities--6.245.87-

    All figures in Rs Cr, unless mentioned otherwise

  • AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Net Cash flow from Operating Activities131.24169.24151.2719.75277.04
    Net Cash used in Investing Activities-232.12-187.17-125.56-11.41-77.86
    Net Cash flow from Financing Activities94.509.9713.273.69-196.02
    Net Cash Flow-6.39-7.9738.9912.033.16
    Closing Cash & Cash Equivalent209.26218.05226.01186.83174.80
    Closing Cash & Cash Equivalent Growth (%)-4.03-3.5220.976.881.58
    Total Debt/ CFO (x)6.183.873.9426.951.77
    AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Net Cash flow from Operating Activities144.55114.17147.2810.23267.24
    Net Cash used in Investing Activities-201.28-156.41-126.01-12.08-71.43
    Net Cash flow from Financing Activities63.0722.9816.7114.50-193.56
    Net Cash Flow6.34-19.2737.9812.652.25
    Closing Cash & Cash Equivalent208.70204.74224.01186.02173.38
    Closing Cash & Cash Equivalent Growth (%)1.93-8.6020.427.301.06
    Total Debt/ CFO (x)5.575.704.0252.041.84

    All figures in Rs Cr, unless mentioned otherwise

    Insights
    • Increase in Cash from Investing

      Company has used Rs 232.12 cr for investing activities which is an YoY increase of 24.02%. (Source: Consolidated Financials)
  • AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Return on Equity (%)17.1219.0116.269.589.16
    Return on Capital Employed (%)18.8119.7916.4610.5011.08
    Return on Assets (%)6.867.706.433.683.67
    Interest Coverage Ratio (x)7.409.648.042.432.38
    Asset Turnover Ratio (x)0.860.950.8261.7567.84
    Price to Earnings (x)15.6015.7222.4725.649.62
    Price to Book (x)2.672.993.652.450.88
    EV/EBITDA (x)8.638.5910.8310.334.75
    EBITDA Margin (%)20.0419.4819.5519.0419.59
    AnnualFY 2024FY 2023FY 2022FY 2021FY 2020
    Return on Equity (%)17.8118.2315.889.319.87
    Return on Capital Employed (%)19.2119.2516.6510.3510.82
    Return on Assets (%)7.287.516.373.694.05
    Interest Coverage Ratio (x)7.379.308.072.762.74
    Asset Turnover Ratio (x)0.830.910.8257.4563.82
    Price to Earnings (x)14.4716.0322.3225.718.67
    Price to Book (x)2.582.923.542.390.86
    EV/EBITDA (x)8.609.0410.9410.785.00
    EBITDA Margin (%)20.5419.2719.9419.6919.75
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Peer Comparison

Insights
  • Stock Returns vs Nifty Smallcap 100

    Stock gave a 3 year return of 128.82% as compared to Nifty Smallcap 100 which gave a return of 80.38%. (as of last trading session)

Mutual Funds Ownership

No Data Available

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Corporate Actions

  • Final

    80%

    May 29, 2024

    Bonus

    Bonus Ratio: 1 share(s) for every 1 shares held

    May 29, 2024

    Board Meeting

    Audited Results, Dividend & Bonus issue

    May 27, 2024

  • Announced onMeeting on
    May 27, 2024May 29, 2024
    Audited Results, Dividend & Bonus issue
    Feb 01, 2024Feb 10, 2024
    Quarterly Results
    Feb 01, 2024Feb 07, 2024
    Quarterly Results
    Oct 30, 2023Nov 09, 2023
    Quarterly Results
    Jul 27, 2023Aug 12, 2023
    Quarterly Results
  • Announced onEx-DateDividend%
    May 29, 2024Jun 14, 202480%
    May 18, 2023May 29, 202360%
    May 25, 2022Jun 06, 202260%
    Jun 21, 2021Jul 01, 202150%
    Mar 09, 2020Mar 19, 202050%
  • Announced onEx-Date
    May 28, 2018Jul 18, 2018
    Bonus Ratio: 1 share(s) for every 1 shares held
    Jul 25, 2008Sep 26, 2008
    Bonus Ratio: 1 share(s) for every 1 shares held
    Dec 13, 2004Feb 16, 2005
    Bonus Ratio: 1 share(s) for every 1 shares held
    May 29, 2024-
    Bonus Ratio: 1 share(s) for every 1 shares held
  • No Data Available

  • No Data Available

  • Announced onMeeting on
    May 17, 2023Aug 11, 2023
    -
    May 25, 2022Jun 27, 2022
    -
    Sep 03, 2020Sep 29, 2020
    Book closure from 23 Sep, 2020 to 29 Sep, 2020
    Jun 11, 2019Aug 29, 2019
    (Revised)
    Jun 11, 2019Aug 14, 2019
    (Revised)
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About

M M Forgings Ltd., incorporated in the year 1946, is a Small Cap company (having a market cap of Rs 3,131.18 Crore) operating in Auto Ancillaries sector.

M M Forgings Ltd. key Products/Revenue Segments include Steel Forgings and Power Generation for the year ending 31-Mar-2024.

For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 403.24 Crore, down .22 % from last quarter Total Income of Rs 404.15 Crore and up 2.60 % from last year same quarter Total Income of Rs 393.01 Crore. Company has reported net profit after tax of Rs 36.80 Crore in latest quarter.

The company’s top management includes Mr.Vidyashankar Krishnan, Mr.Vidyashankar Krishnan, Mr.K Venkatramanan, Mr.K Venkatramanan, Mrs.Sumita Vidyashankar, Mrs.Sumita Vidyashankar, Mr.Hari Sankaran, Mr.Hari Sankaran, Mrs.Kavitha Vijay, Mrs.Kavitha Vijay, Mr.R Subramanian, Mr.R Subramanian, Mr.S Krishnakumar, Mr.S Krishnakumar, Mr.Shankar Athreya, Mr.Shankar Athreya, Mr.Krishnakumar Raman, Mr.Krishnakumar Raman, Mr.Ramnath Nagarajan, Mr.Ramnath Nagarajan, Mr.R Venkatakrishnan, Mr.R Venkatakrishnan, Mr.S Chandrasekar, Mr.S Chandrasekar. Company has GRNK & Co. as its auditors. As on 31-03-2024, the company has a total of 2.41 Crore shares outstanding.

About M M Forgings

M M Forgings Ltd., incorporated in the year 1946, is a Small Cap company (having a market cap of Rs 3,131.18 Crore) operating in Auto Ancillaries sector. M M Forgings Ltd. key Products/Revenue Segments include Steel Forgings and Power Generation for the year ending 31-Mar-2024.For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 403.24 Crore, down .22 % from last quarter Total Income of Rs 404.15 Crore and up 2.60 % from last year same quarter Total Income of Rs 393.01 Crore. Company has reported net profit after tax of Rs 36.80 Crore in latest quarter.The company’s top management includes Mr.Vidyashankar Krishnan, Mr.Vidyashankar Krishnan, Mr.K Venkatramanan, Mr.K Venkatramanan, Mrs.Sumita Vidyashankar, Mrs.Sumita Vidyashankar, Mr.Hari Sankaran, Mr.Hari Sankaran, Mrs.Kavitha Vijay, Mrs.Kavitha Vijay, Mr.R Subramanian, Mr.R Subramanian, Mr.S Krishnakumar, Mr.S Krishnakumar, Mr.Shankar Athreya, Mr.Shankar Athreya, Mr.Krishnakumar Raman, Mr.Krishnakumar Raman, Mr.Ramnath Nagarajan, Mr.Ramnath Nagarajan, Mr.R Venkatakrishnan, Mr.R Venkatakrishnan, Mr.S Chandrasekar, Mr.S Chandrasekar. Company has GRNK & Co. as its auditors. As on 31-03-2024, the company has a total of 2.41 Crore shares outstanding.

Key Indices Listed On

BSE SmallCap, BSE Consumer Discretionary, BSE AllCap, BSE MidSmallCap

Address

�SVK Towers�,A25, 8th Floor, Industrial Estate,Chennai (Madras), Tamil Nadu - 600032

Executive Leadership

VK

Vidyashankar Krishnan

Chairman & Managing Director
VK

Vidyashankar Krishnan

Chairman & Managing Director
KV

K Venkatramanan

Joint Managing Director
KV

K Venkatramanan

Joint Managing Director
Show More

Auditors

G Ramesh Kumar & Co.
GRNK & Co.

FAQs about M M Forgings share

  • 1. What's the M M Forgings share price today?
    M M Forgings share price was Rs 1,297.05 as on 08 Jul, 2024, 03:55 PM IST. M M Forgings share price was up by 2.05% based on previous share price of Rs 1,292.35. M M Forgings share price trend:
    • Last 1 Month: M M Forgings share price moved up by 9.35%
    • Last 3 Months: M M Forgings share price moved up by 47.07%
    • Last 12 Months: M M Forgings share price moved up 41.04%
    • Last 3 Years: M M Forgings Share price moved up by 67.11%
  • 2. Is M M Forgings giving dividend?
    M M Forgings Ltd. announced an equity dividend of 80% on a face value of 10.0 amounting to Rs 8 per share on 29 May 2024. The ex dividend date was 14 Jun 2024.
  • 3. What's the market capitalization of M M Forgings?
    Within the Auto Ancillaries sector, M M Forgings stock has a market cap rank of 42. M M Forgings has a market cap of Rs 3,131.18 Cr.
  • 4. What are the M M Forgings quarterly results?
    Total Revenue and Earning for M M Forgings for the year ending 2024-03-31 was Rs 1583.55 Cr and Rs 135.04 Cr on Consolidated basis. Last Quarter 2024-03-31, M M Forgings reported an income of Rs 403.24 Cr and profit of Rs 36.80 Cr.
  • 5. What is the PE & PB ratio of M M Forgings?
    The PE ratio of M M Forgings stands at 22.76, while the PB ratio is 3.89.
  • 6. Who's the chairman of M M Forgings?
    Vidyashankar Krishnan is the Chairman & Managing Director of M M Forgings
  • 7. What has been highest price of M M Forgings share in last 52 weeks?
    In last 52 weeks M M Forgings share had a high price of Rs 1,352.00 and low price of Rs 825.00
  • 8. What are the returns for M M Forgings share?
    Return Performance of M M Forgings Shares:
    • 1 Week: M M Forgings share price moved up by 0.73%
    • 1 Month: M M Forgings share price moved up by 9.35%
    • 3 Month: M M Forgings share price moved up by 47.07%
    • 6 Month: M M Forgings share price moved up by 30.80%
  • 9. Who are the key owners of M M Forgings stock?
      • Promoter holding has not changed in last 9 months and holds 56.34 stake as on 31 Mar 2024
      • Domestic Institutional Investors holding have gone down from 16.59 (30 Jun 2023) to 11.83 (31 Mar 2024)
      • Foreign Institutional Investors holding has gone up from 1.64 (30 Jun 2023) to 2.28 (31 Mar 2024)
      • Other investor holding has gone up from 25.42 (30 Jun 2023) to 29.54 (31 Mar 2024)
  • 10. How can I quickly analyze M M Forgings stock?
    M M Forgings share can be quickly analyzed on following metrics:
    • Stock's PE is 23.23
    • Price to Book Ratio of 3.89
  • 11. Which are the key peers to M M Forgings?
    Top 10 Peers for M M Forgings are Sandhar Technologies Ltd., Lumax Auto Technologies Ltd., Alicon Castalloy Ltd., Precision Camshafts Ltd., Automotive Stampings and Assemblies Ltd., LG Balakrishnan & Bros Ltd., Igarashi Motors India Ltd., Sterling Tools Ltd., Nelcast Ltd. and Jay Bharat Maruti Ltd.
  • 12. What is the CAGR of M M Forgings?
    The CAGR of M M Forgings is 18.88.

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