MMFL
Mm Forgings Limited
Each stock's 10,000-path forecast, rendered as light.
Mm Forgings Limited (MMFL) Stock Analysis & Case Study
Is MMFL a good buy? The data-driven verdict.
Mm Forgings Limited (MMFL) trades at ₹629,on the numbers it tread carefully, a Downstox Snapshot Score of 39/100.
On the numbers, Mm Forgings Limited (MMFL) tread carefully, a Downstox Snapshot Score of 39/100, weighing premium at 31.0× earnings, ROE of 10.5%, a 53% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
MMFL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How MMFL ranks against the 2,373 companies in our screener
- MMFL's market cap of 3,037 Cr ranks in the 58th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MMFL's book value of ₹202 ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MMFL's promoter holding of 56.3% ranks in the 44th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MMFL's 3-year profit (PAT) growth of -8.0% ranks in the 21st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MMFL's 3-year revenue growth of 3.0% ranks in the 30th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MMFL's debt-to-equity ratio of 1.27x is lower than 10% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is MMFL overvalued? MMFL P/E vs peers
MMFL trades at 31.0× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
MMFL share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of MMFL history (18%/yr drift, 39%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| MMFL 2027 | ₹394 | ₹648 | ₹1,066 | +3% |
| MMFL 2028 | ₹332 | ₹668 | ₹1,344 | +6% |
| MMFL 2029 | ₹293 | ₹688 | ₹1,618 | +9% |
| MMFL 2030 | ₹260 | ₹709 | ₹1,938 | +13% |
| MMFL 2031 | ₹238 | ₹731 | ₹2,242 | +16% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability MMFL goes up, or doubles?
The bull case for MMFL
- Mm Forgings Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,618.
The bear case & risks
- MMFL's P/E of 31.0x is lower than 44% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- MMFL's return on equity of 10.5% ranks in the 52nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹293.
MMFL volatility & expected range, how bumpy is the ride?
Over the last 9.8 years MMFL compounded at 18%/year with annualized volatility of 39%. That volatility implies a 1-year 80% range of ₹394-₹1,066, the honest backbone behind any single price target.
MMFL price forecast, the full 60-month probability fan
MMFL price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds MMFL hits common targets within the simulated horizon?
Full multi-horizon detail on the MMFL price target & forecast page.
MMFL Piotroski F-Score: 4/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. MMFL scores 4/8, mixed financial health.
MMFL MTF margin & leverage across 9 brokers
Margin Trading Facility lets you buy MMFL with part of the capital. Lower margin % = higher leverage. Rates compared across 9 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 35.00% | 2.9× |
| Zerodha | 33.80% | 3.0× |
| Groww | 33.72% | 3.0× |
| Dhan | 40.00% | 2.5× |
| Kotak Neo | 100.00% | 1.0× |
| Paytm Money | 33.72% | 3.0× |
| Pocketful | 33.87% | 3.0× |
| Anand Rathi | 33.80% | 3.0× |
| Share IndiaCHEAPEST | 33.56% | 3.0× |
Compare every broker on the MMFL MTF page.
About Mm Forgings Limited: sector, index & market-cap context
Mm Forgings Limited (MMFL) is a small-cap NSE-listed company, with a market capitalisation of ₹3,037 Cr. See more stocks on our screener.
How the MMFL Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Mm Forgings Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
MMFL analysis, FAQs
Is Mm Forgings Limited (MMFL) a good buy?
On the numbers, Mm Forgings Limited (MMFL) tread carefully, a Downstox Snapshot Score of 39/100, weighing premium at 31.0× earnings, ROE of 10.5%, a 53% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is MMFL overvalued or undervalued?
MMFL trades at 31.0× earnings, premium versus the ~22× long-run Nifty average.
What is the MMFL share price target for 2031?
MMFL's probability-weighted 2031 median target is ₹731, with an 80% range of ₹238-₹2,242 (10,000-path Monte-Carlo).
What is the probability MMFL doubles in 5 years?
The modelled probability of MMFL reaching ₹1,258 (2×) within 5 years is 27%.
What is the bull case for MMFL?
Mm Forgings Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
What are the risks in MMFL?
MMFL's P/E of 31.0x is lower than 44% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. MMFL's return on equity of 10.5% ranks in the 52nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.