MM Forgings Ltd (BSE: 522241) is a Chennai, Tamil Nadu-based company in the Motor Vehicles Engines and Engine Parts industry. With a market capitalisation of ₹2,549 Cr, it ranks #1,124 by market cap among the 6,137 Indian listed companies on FinBizNet, and #3 of 16 in Motor Vehicles Engines and Engine Parts. At ₹479.75 (as of 25 Oct 2026), the share price is 30.3% below its 52-week high of ₹687.95 and 62.5% above its 52-week low of ₹295.20. The share price is up 60.5% over one year and down 13.1% over three months.
| Current Price | ₹479.75 |
|---|---|
| Market Cap | ₹2,549 Cr |
| BSE Code | 522241 |
| Sector | Consumer Discretionary > Automobiles and Components > Automobile Components |
| Sub-Industry | Automotive Parts and Equipment > Motor Vehicles Engines and Engine Parts |
| P/E Ratio | 25 |
| Return on Equity | 10.55% |
| Return on Assets | 4.56% |
| 52-Week Range | ₹295.20 – ₹687.95 |
| 1-Year Price Change | +60.5% |
| 3-Month Price Change | -13.1% |
| Beta (1Y) | 0.6 |
| Dividend Yield | 1.57% |
| Headquarters | Chennai, Tamil Nadu |
| Website | www.mmforgings.com |
| Revenue | ₹410 Cr |
|---|---|
| Net Profit | ₹90 Cr |
| Net Margin | 22.1% |
| EPS (Basic) | ₹18.73 |
| Basis | consolidated |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
M M Forgings Limited, together with its subsidiaries, manufactures and sells steel forgings in India. The company offers sprocket, flange housing, connecting rod, rail forging, hub, knuckle, front axle beam, universal joint cross, steering and pivot arm, planetary wheel carrier, upper arm shaft, shifter fork, and rear axle spindle. It also provides yoke shaft, double yoke, crankshaft, link, yoke, fit yoke, lever, and high pressure valves body and bonnet. The company’s products are used for passenger cars, commercial vehicles, off highway vehicles, value/oilfield, agriculture, and engineering components. The company was formerly known as The Madras Motors Ltd and changed its name to M M Forgings Limited in 1993. M M Forgings Limited was founded in 1945 and is based in Chennai, India.
1. Engineering-This segment manufactures steel forgings. 2. Automotive-This segment engages in the manufacture and sale of steel forgings. 3. off Highway-This segment engages in the manufacture of automotive components. 4. Valve & Oil Field-This segment engages in the manufacture and sale of steel forgings.
1. Manufacture of Steel Forgings-100%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Banco Products (India) Ltd. | ₹8,647 Cr | 17.9 | 32.25% | ₹1,184 Cr | -24.9% |
| Divgi Torqtransfer Systems Ltd | ₹3,020 Cr | 61.5 | 7.62% | ₹137 Cr | +41.8% |
| MM Forgings Ltd | ₹2,549 Cr | 25 | 10.55% | ₹410 Cr | +60.5% |
| Federal-Mogul Goetze (India) Lim | ₹2,510 Cr | 14.7 | 12.44% | ₹526 Cr | -8.7% |
| Sar Auto Products Ltd | ₹2,325 Cr | 3,315.7 | 3.77% | ₹5 Cr | +85.7% |
| OBSC Perfection Limited | ₹1,997 Cr | 75.1 | — | ₹77 Cr | — |
| Racl Geartech Ltd | ₹1,793 Cr | 35 | 16.91% | ₹132 Cr | +22.8% |
| Investment & Precision Castings Ltd | ₹1,539 Cr | 124.3 | 12.13% | — | +178.0% |
| The Hitech Gears Ltd | ₹1,024 Cr | 46.6 | 4.17% | ₹238 Cr | -40.3% |
Listed by market capitalisation. Ratios are shown for context only.
MM Forgings Ltd is trading at ₹479.75, with a market capitalisation of ₹2,549 Cr.
MM Forgings Ltd operates in the Consumer Discretionary > Automobiles and Components > Automobile Components space (Automotive Parts and Equipment > Motor Vehicles Engines and Engine Parts).
MM Forgings Ltd has a P/E of 25 and a return on equity of 10.55%.
MM Forgings Ltd is listed on the BSE under the scrip code 522241.
MM Forgings Ltd's share price is up 60.5% over one year and down 13.1% over three months. Its 52-week range is ₹295.20 to ₹687.95.
In Q1 FY27, MM Forgings Ltd reported revenue of ₹410 Cr and net profit of ₹90 Cr, with basic EPS of ₹18.73 (consolidated, parsed from the company's exchange filing).
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.