MM Forgings (MMFL)₹652.40−2.51%Auto Components & Equipments
MM Forgings is compared with the 10 closest in size in Auto Components & Equipments (163 companies in the industry). It has a P/E of 18.6 against a peer median of 21.0, and ROCE of 8.9% against a peer median of 16.9%, and latest-quarter sales growth of 16.0% against a peer median of 19.3%. By market cap it is #4 of 11 in this set.
As of · Peer set: 10 closest in size in Auto Components & Equipments
| Company | M-cap (₹ Cr) | P/E | ROCE % | ROE % | Debt / equity | Div. yield % | Sales (₹ Cr) | Net profit (₹ Cr) | Qtr sales growth % | Qtr profit growth % | Compare |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NRB Bearing | 4,201 | 28.4 | 18.0 | 15.6 | 0.16 | 1.3 | 1,335 | 146 | 19.3 | 15.2 | vs MMFL |
| Rane (Madras) | 3,424 | 28.9 | 14.1 | 15.4 | 0.99 | 1.3 | 3,863 | 107 | 18.2 | 58.0 | vs MMFL |
| Uniparts India | 3,227 | 17.9 | 22.1 | 18.3 | 0.18 | 2.2 | 1,170 | 158 | 26.5 | 67.6 | vs MMFL |
| MM Forgings | 3,148 | 18.6 | 8.9 | 10.4 | 1.26 | 0.6 | 1,594 | 99 | 16.0 | 373.9 | — |
| Sandhar Technologies | 2,914 | 14.0 | 14.1 | 16.2 | 0.86 | 0.8 | 4,872 | 199 | 26.9 | 32.1 | vs MMFL |
| Carraro India | 2,782 | 21.0 | 28.9 | 26.9 | 0.27 | 1.4 | 2,262 | 131 | 10.4 | 7.0 | vs MMFL |
| Divgi Torqtransfer Systems | 2,721 | 57.8 | 10.0 | 7.6 | 0.00 | 0.4 | 354 | 47 | 86.1 | 200.0 | vs MMFL |
| Federal-Mogul Goetze (India) | 2,676 | 15.6 | 19.0 | 13.6 | 0.00 | 1.6 | 1,955 | 178 | 8.7 | −0.0 | vs MMFL |
| India Nippon Electricals | 2,594 | 22.7 | 16.9 | 11.9 | 0.00 | 1.4 | 1,071 | 111 | 35.1 | 17.3 | vs MMFL |
| GNA Axles | 2,465 | 17.0 | 14.0 | 12.3 | 0.19 | 0.5 | 1,472 | 117 | 49.7 | 42.0 | vs MMFL |
| Talbros Automotive Components | 2,402 | 21.4 | 19.0 | 15.1 | 0.11 | 0.2 | 871 | 104 | 14.8 | 36.4 | vs MMFL |
| Peer median | 2,782 | 21.0 | 16.9 | 15.1 | 0.18 | 1.3 | 1,472 | 117 | 19.3 | 36.4 |
Listed companies closest to MM Forgings in Auto Components & Equipments include NRB Bearing, Rane (Madras), Uniparts India, Sandhar Technologies, Carraro India, Divgi Torqtransfer Systems, Federal-Mogul Goetze (India), India Nippon Electricals.
NRB Bearing, with a market cap of ₹4,201 Cr.
MM Forgings trades at a P/E of 18.6; the median of its peer set is 21.0. A P/E above or below the median is a description, not a judgement on value.
MM Forgings' return on capital employed is 8.9%, below the peer median of 16.9%.