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MM Forgings Ltd
NSE:MMFL

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MM Forgings Ltd
NSE:MMFL
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Price: 436.95 INR -2.29% Market Closed
Market Cap: ₹21.1B

Net Margin

6.4%
Current
Declining
by 1.8%
vs 3-y average of 8.2%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
6.4%
=
Net Income
₹956m
/
Revenue
₹14.9B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
6.4%
=
Net Income
₹956m
/
Revenue
₹14.9B

Peer Comparison

Country Company Market Cap Net
Margin
IN
MM Forgings Ltd
NSE:MMFL
20.8B INR
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ZA
Kumba Iron Ore Ltd
JSE:KIO
123.6B ZAR
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BR
Vale SA
BOVESPA:VALE3
368.8B BRL
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AU
Fortescue Ltd
XMUN:FVJ
38.9B EUR
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AU
Fortescue Metals Group Ltd
ASX:FMG
65.1B AUD
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LU
ArcelorMittal SA
AEX:MT
38.2B EUR
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US
Nucor Corp
NYSE:NUE
42.7B USD
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IN
JSW Steel Ltd
NSE:JSWSTEEL
3T INR
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US
Steel Dynamics Inc
NASDAQ:STLD
28.1B USD
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IN
Tata Steel Ltd
NSE:TATASTEEL
2.4T INR
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JP
Nippon Steel Corp
TSE:5401
3.5T JPY
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Market Distribution

In line with most companies in India
Percentile
53nd
Based on 5 531 companies
53nd percentile
6.4%
Low
-305 007.7% — 2.1%
Typical Range
2.1% — 11.6%
High
11.6% — 1 221 633.3%
Distribution Statistics
India
Min -305 007.7%
30th Percentile 2.1%
Median 5.8%
70th Percentile 11.6%
Max 1 221 633.3%

MM Forgings Ltd
Glance View

Market Cap
21.1B INR
Industry
Metals & Mining

MM Forgings Ltd. engages in the manufacture of steel forgings. The company is headquartered in Chennai, Tamil Nadu and currently employs 3,703 full-time employees. The firm is a manufacturer of automotive components. The firm operates in one segment: manufacture of steel forgings. Its products include sprocket, flange housing, connecting rod, connecting rod integral, rail forging, hub, knuckle-1, knuckle-2, front axle beam, universal joint cross, steering arm, planetary wheel carrier, pivot arm, upper arm shaft, front axle beam, shifter fork and rear axle spindle, yoke shaft, double yoke, crankshaft 2cylinder, crankshaft single cylinder, crankshaft 3cylinder, crankshaft 6cylinder. The Company’s manufacturing plants are located at Singampunari Sivagangai District, Viralimalai Pudukkottai District and Karainaithangal Village Kanchipuram District, all within the state of Tamil Nadu. The firm has its machining plant in Kursi Road, Barabanki situated in the state of Uttar Pradesh.

MMFL Intrinsic Value
279.86 INR
Overvaluation 36%
Intrinsic Value
Price
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
6.4%
=
Net Income
₹956m
/
Revenue
₹14.9B
What is MM Forgings Ltd's current Net Margin?

The current Net Margin for MM Forgings Ltd is 6.4%, which is below its 3-year median of 8.2%.

How has Net Margin changed over time?

Over the last 3 years, MM Forgings Ltd’s Net Margin has decreased from 7.6% to 6.4%. During this period, it reached a low of 6.4% on Oct 30, 2025 and a high of 8.8% on Mar 31, 2023.

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