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MM Forgings Ltd
NSE:MMFL

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MM Forgings Ltd
NSE:MMFL
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Price: 546.75 INR 2.2% Market Closed
Market Cap: ₹26.4B

Wall St Price Targets

MMFL Price Targets Summary
MM Forgings Ltd

Wall Street analysts forecast MMFL stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MMFL is 575.28 INR with a low forecast of 519.14 INR and a high forecast of 630 INR.

Lowest Forecast
Price Target
519.14 INR
5% Downside
Average Forecast
Price Target
575.28 INR
5% Upside
Highest Forecast
Price Target
630 INR
15% Upside
MM Forgings Ltd Competitors:
Price Targets
SLNG
Stabilis Solutions Inc
89% Upside

Revenue
Forecast

11% / Year
Past Growth
15% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
11% / Year
Past Growth
15% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Over the last 14 years, the compound annual growth rate for Revenue has been 11%. The projected CAGR for the next 2 years is 15%.

Gross Profit
Forecast

13% / Year
Past Growth
25% / Year
Estimated Growth
Estimates Accuracy
43%
Average Beat
13% / Year
Past Growth
25% / Year
Estimated Growth
Estimates Accuracy
43%
Average Beat

Over the last 14 years, the compound annual growth rate for Gross Profit has been 13%. The projected CAGR for the next 2 years is 25%.

Operating Income
Forecast

12% / Year
Past Growth
37% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss
12% / Year
Past Growth
37% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss

Over the last 14 years, the compound annual growth rate for Operating Income has been 12%. The projected CAGR for the next 2 years is 37%.

Pre-Tax Income
Forecast

8% / Year
Past Growth
51% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss
8% / Year
Past Growth
51% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss

Over the last 14 years, the compound annual growth rate for Pre-Tax Income has been 8%. The projected CAGR for the next 2 years is 51%.

Net Income
Forecast

10% / Year
Past Growth
41% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss
10% / Year
Past Growth
41% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss

Over the last 14 years, the compound annual growth rate for Net Income has been 10%. The projected CAGR for the next 2 years is 41%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What you see on other sites is mostly sourced from sell-side analysts.

What is MMFL's stock price target?
Price Target
575.28 INR

According to Wall Street analysts, the average 1-year price target for MMFL is 575.28 INR with a low forecast of 519.14 INR and a high forecast of 630 INR.

What is the Revenue forecast for MM Forgings Ltd?
Projected CAGR
15%

Over the last 14 years, the compound annual growth rate for Revenue has been 11%. The projected CAGR for the next 2 years is 15%.

What is the Gross Profit forecast for MM Forgings Ltd?
Projected CAGR
25%

Over the last 14 years, the compound annual growth rate for Gross Profit has been 13%. The projected CAGR for the next 2 years is 25%.

What is the Operating Income forecast for MM Forgings Ltd?
Projected CAGR
37%

Over the last 14 years, the compound annual growth rate for Operating Income has been 12%. The projected CAGR for the next 2 years is 37%.

What is the Pre-Tax Income forecast for MM Forgings Ltd?
Projected CAGR
51%

Over the last 14 years, the compound annual growth rate for Pre-Tax Income has been 8%. The projected CAGR for the next 2 years is 51%.

What is the Net Income forecast for MM Forgings Ltd?
Projected CAGR
41%

Over the last 14 years, the compound annual growth rate for Net Income has been 10%. The projected CAGR for the next 2 years is 41%.

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