M M Forgings Limited
Momentum (83/100) does the heavy lifting; quality (37/100) is the drag.
Buy zoneSolvency riskStocksWizard rates M M Forgings Limited a Sell, scoring 40/100 on our blended model. At ₹546.85 it trades below our blended DCF and relative-multiples fair value of ₹661.51, about 21% upside to that estimate — we read it as undervalued by 21%. On 22.0x trailing earnings it sits cheaper than the Industrials median of about 29.0x. It's trading right at its 52-week high of ₹559.5. Financial health scores 13/100, in the distress band on the Altman Z-score, with a Piotroski F-score of 5/9. The average analyst target of ₹564 implies about 3% upside across 3 analysts. It clears 6 of 13 investability checks, with durability 37, valuation 74 and momentum 83 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹529.21.
Analyst views
1-year price
EOD · 2026-07-3152-week range
-2.26% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Sell40Piotroski F-score 5/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Fail: ROE above 15%: 10.5%
- Fail: Low debt (D/E < 0.5): 1.26x
- Fail: Positive free cash flow
- Pass: Revenue growth > 10%: 16%
- Pass: Earnings growing: 34%
- Fail: Net margin ≥ 10%: 6.2%
- Fail: Current ratio > 1.5: 1.18
- Pass: Below our fair value
- Pass: Margin of safety ≥ 20%
- Pass: Above 200-day average
- Pass: Above 50-day average
- No data: Positive 1-year return
- Fail: Altman Z in safe zone: Z 1.5
- Fail: Piotroski ≥ 7: 5/9
Quarterly results
Annual financials
Shareholding
- Promoter60.9%
- Institutions7.8%
- Public & other31.3%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Trading near its 52-week high.
Opportunities
- Earnings growing (34% YoY).
- Revenue growing (16% YoY).
- Trading in our value buy zone versus sector peers.
- Trades ~21% below our estimated fair value.
Bear case
Weaknesses
- High debt relative to equity.
Threats
- Balance-sheet stress — Altman Z 1.5.
About M M Forgings Limited
M M Forgings Limited manufactures and sells steel forgings in India, including sprockets, flanges, connecting rods, rail forgings, hubs, knuckles, front axle beams, universal joint crosses, steering components, pivot arms, planetary wheel carriers, upper arm shafts, and shifter forks. The company also produces yoke shafts, double yokes, crankshafts, links, levers, rear axle spindles, and high pressure valve bodies and bonnets.
M M Forgings Limited — frequently asked questions
Is M M Forgings Limited a buy, hold or sell?
StocksWizard currently rates M M Forgings Limited (MMFL) a Sell, based on a blended score of 40/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is M M Forgings Limited's fair value?
Our blended DCF and relative-valuation model estimates M M Forgings Limited's fair value at about ₹661.51, versus a current price of ₹546.85 — roughly 21% upside. On that basis the stock looks undervalued by 21%.
Is M M Forgings Limited financially healthy?
M M Forgings Limited scores 13/100 on our financial-health model, placing it in the distress band on the Altman Z-score, with a Piotroski F-score of 5/9.
How has M M Forgings Limited's share price performed?
M M Forgings Limited is up 13% over three months, and last traded at ₹546.85. Past performance doesn't predict future returns.
More in Industrials
View allOur 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.