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MM Forgings MMFL.NS · INR

Materials · NSE · 🇮🇳 India

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652.40

+3.65%

Close of 9 Nov 2026, in INR

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About MM Forgings

Its shares trade on NSE under the ticker MMFL.NS. It has been listed since 23 September 1996. In the fiscal year to 31 March 2026, it reported revenue of ₹15.90bn and net income of ₹981.2m. At that date it held total assets of ₹25.24bn and shareholders' equity of ₹9.78bn.

MM Forgings Ltd. engages in the manufacture of steel forgings. The company is headquartered in Chennai, Tamil Nadu. The firm is a manufacturer of automotive components. 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 firm'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.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
23 Sept 1996
Employees
3,722

Leadership

Pay as last reported

  • Shri. Vidyashankar KrishnanExecutive Chairman of the Board, Managing Director, since 2024₹100.1m
  • Shri. R. VenkatakrishnanChief Financial Officer₹1.5m
  • Shri. Chandrasekar S.Chief Compliance Officer, Company Secretary
  • Shri. Krishnan VenkatramananJoint Managing Director, Executive Director₹100.0m
  • Shri. Ramnath NagarajanWhole Time Director, Director - Commercial, since 2024
  • Shri. Krishnakumar RamanWhole Time Director, Director - Operations, since 2024
  • Smt. Sumita VidyashankarNon-Executive Director₹602,500
  • Mr. Shankar AthreyaNon-Executive Independent Director₹1.1m
  • Shri. S. KrishnakumarNon-Executive Independent Director₹10,000
  • Smt. Shyamala S.Non-Executive Woman Independent Director
  • Shri. Hari SankaranNon-Executive Independent Director
  • Shri. Radhakrishnan SubramanianNon-Executive Independent Director₹10,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
65
Environment
70
Social
56
Governance
68
Direct emissions (scope 1)
5,586 t
Energy emissions (scope 2)
63,280 t
Women in the workforce
6.52875%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • MM Forgings Ltd manufactures automotive components with 3,722 employees in Chennai, India.
  • The company produces 20+ steel forgings including connecting rods and crankshafts for automotive use.
  • MM Forgings has manufacturing plants in Tamil Nadu and a machining plant in Uttar Pradesh.

Weaknesses

  • MM Forgings Ltd's products include sprocket, flange housing, and rail forging for automotive applications.
  • The firm's manufacturing plants are located in Singampunari, Viralimalai, and Karainaithangal within Tamil Nadu.
  • MM Forgings has a machining plant in Kursi Road, Barabanki, Uttar Pradesh.

Opportunities

  • MM Forgings Ltd's automotive components are used in 2cylinder, 3cylinder, and 6cylinder crankshafts.
  • The company's products like universal joint cross and steering arm support automotive manufacturing in India.
  • MM Forgings has a presence in Tamil Nadu and Uttar Pradesh for automotive component production.

Threats

  • MM Forgings Ltd's business is limited to automotive components without diversification into other sectors.
  • The company's manufacturing plants are concentrated in Tamil Nadu and Uttar Pradesh without expansion to other regions.
  • MM Forgings has no mention of international markets or global supply chain integration.

Sources and methodology

Data on this tab
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Chart on the Overview
TradingView

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