MM Forgings Limited (NSE:MMFL) — Market Cap & Net Worth
Market Cap & Net Worth: MM Forgings Limited (MMFL)
MM Forgings Limited (NSE:MMFL) has a market capitalization of $246.24 Million (Rs22.77 Billion) as of June 17, 2026. Listed on the NSE stock exchange, this India-based company holds position #15818 globally and #802 in its home market, demonstrating a 4.27% 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 Rs471.60 by its total outstanding shares 48281600 (48.28 Million). Review MM Forgings Limited balance sheet liabilities to assess the company's total debt and financial obligations.
MM Forgings Limited Market Cap History: 2015 to 2026
MM Forgings Limited's market capitalization history from 2015 to 2026. Data shows growth from $59.93 Million to $246.24 Million (13.54% 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
|
$3.20 Trillion | 0.01% | #554 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
Latest Price to Earnings (P/E) Ratio
0.16x
MM Forgings Limited's market cap is 0.16 times its annual earnings
What 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 | $52.85 Million | $5.02 Billion | $500.88 Million | 0.01x | 0.11x |
| 2017 | $141.84 Million | $4.78 Billion | $434.22 Million | 0.03x | 0.33x |
| 2018 | $157.29 Million | $6.39 Billion | $605.96 Million | 0.02x | 0.26x |
| 2019 | $93.85 Million | $9.34 Billion | $788.40 Million | 0.01x | 0.12x |
| 2020 | $104.38 Million | $7.69 Billion | $419.22 Million | 0.01x | 0.25x |
| 2021 | $183.02 Million | $7.52 Billion | $460.59 Million | 0.02x | 0.40x |
| 2022 | $208.63 Million | $11.40 Billion | $909.95 Million | 0.02x | 0.23x |
| 2023 | $247.53 Million | $14.62 Billion | $1.28 Billion | 0.02x | 0.19x |
| 2024 | $242.88 Million | $15.63 Billion | $1.35 Billion | 0.02x | 0.18x |
| 2025 | $189.33 Million | $15.25 Billion | $1.22 Billion | 0.01x | 0.16x |
Competitor Companies of MMFL by Market Capitalization
Companies near MM Forgings Limited in the global market cap rankings as of June 17, 2026.
Key companies related to MM Forgings Limited by market ranking:
- Carpenter Technology Corporation (NYSE:CRS): Ranked #962 globally with a market cap of $27.90 Billion USD.
- Allegheny Technologies Incorporated (NYSE:ATI): Ranked #1320 globally with a market cap of $19.84 Billion USD.
- Mueller Industries Inc (NYSE:MLI): Ranked #1621 globally with a market cap of $15.26 Billion USD.
- Shenyang Fortune Precision Equipment Co. Ltd. A (SHG:688409): Ranked #2542 globally with a market cap of $8.49 Billion USD ( CN¥58.04 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #962 | Carpenter Technology Corporation | NYSE:CRS | $27.90 Billion | $561.59 |
| #1320 | Allegheny Technologies Incorporated | NYSE:ATI | $19.84 Billion | $196.31 |
| #1621 | Mueller Industries Inc | NYSE:MLI | $15.26 Billion | $138.03 |
| #2542 | Shenyang Fortune Precision Equipment Co. Ltd. A | SHG:688409 | $8.49 Billion | CN¥189.54 |
MM Forgings Limited Historical Marketcap From 2015 to 2026
Between 2015 and today, MM Forgings Limited's market cap moved from $59.93 Million to $ 246.24 Million, with a yearly change of 13.54%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs246.24 Million | +30.06% |
| 2025 | Rs189.33 Million | -22.05% |
| 2024 | Rs242.88 Million | -1.88% |
| 2023 | Rs247.53 Million | +18.65% |
| 2022 | Rs208.63 Million | +13.99% |
| 2021 | Rs183.02 Million | +75.34% |
| 2020 | Rs104.38 Million | +11.22% |
| 2019 | Rs93.85 Million | -40.34% |
| 2018 | Rs157.29 Million | +10.90% |
| 2017 | Rs141.84 Million | +168.40% |
| 2016 | Rs52.85 Million | -11.82% |
| 2015 | Rs59.93 Million | -- |
End of Day Market Cap According to Different Sources
On Jun 17th, 2026 the market cap of MM Forgings Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $246.24 Million USD |
| MoneyControl | $246.24 Million USD |
| MarketWatch | $246.24 Million USD |
| marketcap.company | $246.24 Million USD |
| Reuters | $246.24 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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