MM Forgings Limited
M M Forgings Limited, together with its subsidiaries, manufactures and sells steel forgings in India. The company offers sprocket, flange housing, connecting rod, rail forging, hub, knuckle, front axle beam, universal joint cross, steering and pivot arm, planetary wheel carrier, upper arm shaft, shifter fork, and rear axle spindle. It also provides yoke shaft, double yoke, crankshaft, link, yoke,… Read more
Market Cap & Net Worth: MM Forgings Limited (MMFL)
MM Forgings Limited (NSE:MMFL) has a market capitalization of $250.12 Million (₹21.66 Billion) as of March 18, 2026. Listed on the NSE stock exchange, this India-based company holds position #18200 globally and #867 in its home market, demonstrating a 2.94% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying MM Forgings Limited's stock price ₹448.65 by its total outstanding shares 48281600 (48.28 Million).
MM Forgings Limited Market Cap History: 2015 to 2026
MM Forgings Limited's market capitalization history from 2015 to 2026. Data shows growth from $63.99 Million to $250.12 Million (13.36% CAGR).
Index Memberships
MM Forgings Limited is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NIFTY TOTAL MARKET
NIFTYTOTALMKT
|
$1.39 Trillion | 0.01% | #613 of 750 |
Weight: MM Forgings Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
MM Forgings Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how MM Forgings Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.01x
MM Forgings Limited's market cap is 0.01 times its annual revenue
646.10x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.17x
MM Forgings Limited's market cap is 0.17 times its annual earnings
3.56x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $56.42 Million | $5.02 Billion | $500.88 Million | 0.01x | 0.11x |
| 2017 | $151.44 Million | $4.78 Billion | $434.22 Million | 0.03x | 0.35x |
| 2018 | $167.94 Million | $6.39 Billion | $605.96 Million | 0.03x | 0.28x |
| 2019 | $100.20 Million | $9.34 Billion | $788.40 Million | 0.01x | 0.13x |
| 2020 | $111.45 Million | $7.69 Billion | $419.22 Million | 0.01x | 0.27x |
| 2021 | $195.41 Million | $7.52 Billion | $460.59 Million | 0.03x | 0.42x |
| 2022 | $222.76 Million | $11.40 Billion | $909.95 Million | 0.02x | 0.24x |
| 2023 | $264.29 Million | $14.62 Billion | $1.28 Billion | 0.02x | 0.21x |
| 2024 | $259.32 Million | $15.63 Billion | $1.35 Billion | 0.02x | 0.19x |
| 2025 | $202.15 Million | $15.25 Billion | $1.22 Billion | 0.01x | 0.17x |
Competitor Companies of MMFL by Market Capitalization
Companies near MM Forgings Limited in the global market cap rankings as of March 18, 2026.
Key companies related to MM Forgings Limited by market ranking:
- Allegheny Technologies Incorporated (NYSE:ATI): Ranked #990 globally with a market cap of $19.80 Billion USD.
- Carpenter Technology Corporation (NYSE:CRS): Ranked #1075 globally with a market cap of $18.16 Billion USD.
- Mueller Industries Inc (NYSE:MLI): Ranked #1470 globally with a market cap of $11.94 Billion USD.
- ESAB Corp (NYSE:ESAB): Ranked #2571 globally with a market cap of $5.58 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #990 | Allegheny Technologies Incorporated | NYSE:ATI | $19.80 Billion | $147.48 |
| #1075 | Carpenter Technology Corporation | NYSE:CRS | $18.16 Billion | $374.07 |
| #1470 | Mueller Industries Inc | NYSE:MLI | $11.94 Billion | $110.55 |
| #2571 | ESAB Corp | NYSE:ESAB | $5.58 Billion | $98.31 |
MM Forgings Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, MM Forgings Limited's market cap moved from $63.99 Million to $ 250.12 Million, with a yearly change of 13.36%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | ₹250.12 Million | +23.73% |
| 2025 | ₹202.15 Million | -22.05% |
| 2024 | ₹259.32 Million | -1.88% |
| 2023 | ₹264.29 Million | +18.65% |
| 2022 | ₹222.76 Million | +13.99% |
| 2021 | ₹195.41 Million | +75.34% |
| 2020 | ₹111.45 Million | +11.22% |
| 2019 | ₹100.20 Million | -40.34% |
| 2018 | ₹167.94 Million | +10.90% |
| 2017 | ₹151.44 Million | +168.40% |
| 2016 | ₹56.42 Million | -11.82% |
| 2015 | ₹63.99 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of MM Forgings Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $250.12 Million USD |
| MoneyControl | $250.12 Million USD |
| MarketWatch | $250.12 Million USD |
| marketcap.company | $250.12 Million USD |
| Reuters | $250.12 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.