M M Forgings Limited
MMFL · NSE · Industrials
With a 20% margin of safety, our buy-below price is ₹516.8.
Piotroski F-score 5/9 — quality of earnings & balance sheet.
Investability checklist
- ✕ROE above 15%10.5%
- ✕Low debt (D/E < 0.5)1.26x
- ✕Positive free cash flow
- ✓Revenue growth > 10%16%
- ✓Earnings growing34%
- ✕Net margin ≥ 10%6.2%
- ✕Current ratio > 1.51.18
- ✓Below our fair value
- ✓Margin of safety ≥ 20%
- ✓Above 200-day average
- ✓Above 50-day average
- –Positive 1-year return
- ✕Altman Z in safe zoneZ 1.53
- ✕Piotroski ≥ 75/9
1-year price
EOD · 2026-06-16Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Quarterly results
Annual financials
Shareholding
Promoter holding via insider stake; institutional via reported holdings.
Analyst views
Key fundamentals
SWOT snapshot
Weaknesses
- •High debt relative to equity.
Opportunities
- •Earnings growing (34% YoY).
- •Revenue growing (16% YoY).
- •Trading in our value buy zone versus sector peers.
- •Trades ~37% below our estimated fair value.
Threats
- •Balance-sheet stress — Altman Z 1.53.
About M M Forgings Limited
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
More in Industrials
Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.