TipHub

₹684.9

▲ +46.24 +7.24%

As of 13 Nov 2026 · delayed

NSE Listed · Castings, Forgings & Fastners

ST-ASM · ASM 1
What does ST-ASM · ASM 1 mean?
NSE · Short Term Additional Surveillance Measure (ASM 1)ST-ASM catches short bursts: a beta-adjusted close-to-close move beyond ±25% in 5 trading days (or ±40% in 15) combined with concentrated trading — or a 75%+ monthly range with fewer than 100–200 unique traders. Practical meaning: margins jump to 50–100% for a few weeks to cool a spike; it either lapses quickly or escalates into LT-ASM if the move sustains.Criteria: Short-term (5 / 15 / 30-day) price-volume abnormality — high-low and close-to-close price variation over the window. Adds 100% margin and a 5% (then 2%) price band.Exchange notice · 2026-11-10

MM Forgings Ltd. (MMFL)

Volume: 4,17,595Avg Vol 1W: 13,06,729Avg Vol 1M: 3,79,36852W Range:₹297.45₹695
NSE BSE www.mmforgings.com AI Report
Key Ratios
Checked just now
Market Cap₹3,307 Cr
Current Price₹684.9
Previous Close₹638.66
High / Low (52w)₹695 / ₹297.45
Volume4,17,595
Avg Vol (1W)13,06,729
Avg Vol (1M)3,79,368
Stock P/E24.5
Book Value₹229.91
Dividend Yield58%
ROE12.16%
ROA7.25%
Revenue (TTM)—
Revenue Growth-2.42%
Profit Margin10.81%
Total Debt₹604 Cr
Shares Outstanding5 Cr
Face Value₹10
EPS (TTM)₹27.96
P/B2.98
Debt / Equity1.3
50 DMA₹575.64
200 DMA₹509.3
Day change+7.24%
SurveillanceST-ASM · ASM 1
Price Chart
₹684.9▲ 126.34% · 1Y
₹685₹30366.3L
2025-11-14
2026-11-13

20-day avg volume: 4.1L shares

Pros
  • Pays a dividend yield of 58.0%.
  • Company is almost debt-free.
  • Revenue grew 30% YoY.
Quarterly Results
MetricDec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Sept 2026
Revenue₹374 Cr₹371 Cr₹362 Cr₹384 Cr₹414 Cr₹430 Cr₹420 Cr₹548 Cr
EBITDA₹54 Cr₹54 Cr₹46 Cr₹48 Cr₹46 Cr₹54 Cr₹51 Cr₹79 Cr
Net Profit₹27 Cr₹33 Cr₹19 Cr₹18 Cr₹18 Cr₹45 Cr₹89 Cr₹42 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2025Jun 2025Sept 2025Dec 2025Mar 2026Mar 2026Jun 2026Sept 2026
Revenue₹1,548 Cr₹349 Cr₹384 Cr₹405 Cr₹413 Cr₹1,605 Cr₹420 Cr₹547 Cr
EBITDA₹225 Cr₹49 Cr₹48 Cr₹55 Cr₹57 Cr₹192 Cr₹52 Cr₹83 Cr
Net Profit₹123 Cr₹22 Cr₹18 Cr₹26 Cr₹48 Cr₹99 Cr₹92 Cr₹46 Cr
EPS25.52————20.44——
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹1,218 Cr₹1,134 Cr₹1,250 Cr₹1,414 Cr₹1,661 Cr₹1,969 Cr₹2,350 Cr₹2,496 Cr
Total Liabilities₹791 Cr₹679 Cr₹763 Cr₹855 Cr₹987 Cr₹1,180 Cr₹1,456 Cr₹1,521 Cr
Equity₹427 Cr₹455 Cr₹487 Cr₹560 Cr₹673 Cr₹789 Cr₹894 Cr₹976 Cr
Total Debt————————
Cash Flow
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹53 Cr₹292 Cr₹25 Cr₹177 Cr₹203 Cr₹181 Cr₹241 Cr₹245 Cr
Investing₹-301 Cr₹-78 Cr₹-11 Cr₹-126 Cr₹-187 Cr₹-232 Cr₹-358 Cr₹-182 Cr
Financing₹281 Cr₹-202 Cr₹3 Cr₹14 Cr₹16 Cr₹77 Cr₹185 Cr₹-38 Cr
Free Cash Flow₹-262 Cr₹195 Cr₹25 Cr₹177 Cr₹203 Cr₹181 Cr₹241 Cr₹245 Cr
Shareholding
Promoter 56.34% Institutions 10.52% Public 33.15%
Efficiency & Working Capital
ROCE10.2%
Interest Coverage2.5
Dividend Payout—
Debtor Days96 d
Inventory Days77 d
Payable Days46 d
Cash Conversion Cycle127 d
Working Capital Days173 d
Shareholding Details

As of 2026-09-30

Promoter56.3%
FII3.1%
DII7.4%
Institutions10.5%
Public33.1%
Promoter Pledge0%
No. of Shareholders27,945
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodJun 2024Jul 2024Jul 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026Sept 2026
Promoters56.3%56.3%56.3%56.3%56.3%56.3%56.3%56.3%56.3%56.3%56.3%56.3%
FIIs2.8%2.6%2.6%3.4%3.7%3.1%1.8%1.8%1.7%1.9%2.4%3.1%
DIIs10.7%10.6%10.6%10.5%9.9%8.9%8.3%8.3%8.5%8.4%7.5%7.4%
Public30.1%30.5%30.4%29.7%30.1%31.6%33.5%33.6%33.4%33.4%33.7%33.1%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders27,47830,76030,76034,49433,87834,34935,74235,81134,24430,82829,93027,945
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Synmax Consultants & Trading Private LimitedShareholding of Promoter and Promoter Group24%1.16 Cr
Krishnan Vidya ShankarShareholding of Promoter and Promoter Group11.3%54,40,480
K VenkatramananShareholding of Promoter and Promoter Group10.7%51,69,920
Sivasundar Private LimitedShareholding of Promoter and Promoter Group3.9%18,74,400
Hdfc Mutual Fund - Hdfc Aggressive Hybrid FundPublic Shareholding3.7%18,04,178
Tata Mutual Fund - Tata Small Cap FundPublic Shareholding3.3%15,76,286
S LakshmanShareholding of Promoter and Promoter Group3.1%14,87,996
Lakshmi RamachandranShareholding of Promoter and Promoter Group2.4%11,35,960
Srinivasan VPublic Shareholding1.8%8,45,200
Chinmay G ParikhPublic Shareholding1.4%6,59,812
Catamaran Ventures LlpPublic Shareholding1%4,94,061
R SubramonianShareholding of Promoter and Promoter Group0.6%3,10,400
Ajay Shankar RamachandranShareholding of Promoter and Promoter Group0.2%1,08,000
Sumita VidyashankarShareholding of Promoter and Promoter Group0.1%65,600
Vijay Sundar RamachandranShareholding of Promoter and Promoter Group0%15,024
Sandhya VidyashankarShareholding of Promoter and Promoter Group0%10
Board of Directors
NameDesignationYear
Vidyashankar KrishnanChairman / Executive Director / MD / CEO2026
K VenkatramananExecutive Director / JMD / WTD2026
Sumita VidyashankarNon-Exec & Non-Independent Dir2026
Shankar AthreyaIndependent Non Exe. Director2026
S. KrishnakumarIndependent Non Exe. Director2026
R. SubramanianIndependent Non Exe. Director2026
Hari SankaranIndependent Non Exe. Director2026
Ramnath NagarajanExecutive Director2026
Krishnakumar RamanExecutive Director2026
Rama SivaramanNon-Exec & Non-Independent Dir2026
Chandrasekar. SCompany Sec. & Compli. Officer2026
Segments — Product
SegmentRevenueShare
Manufacture of Steel Forging₹0 Cr—
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10514848
Corporate Actions
TypeDateValueRemark
forthcoming2026-08-14Board Meetings—
forthcoming2026-08-07Board Meetings—
dividend2026-06-12₹4.0 (40.0%)Interim
dividend2026-06-12₹4 (40%)Interim
dividend2025-07-30₹4 (40%)Final
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202640000040
202640000040
202540000040
Substantial Acquisitions (SAST)

2 disclosure(s)

Market04/03/2024 · 4,94,886
Market04/03/2024 · 4,94,724
Company Information
Incorporated1946
ChairmanVidyashankar Krishnan
AuditorG Ramesh Kumar & Co
Investor Email[email protected] ; [email protected]
🌐 www.mmforgings.com ↗

📍 SVK Tower A/24/25 Guindy, Thiru Vi Ka Industrial Estate, Chennai, Tamil Nadu, 600032

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