MM Forgings shareholders and shareholding pattern
NSE: MMFLBSE: 522241Auto ComponentsSmall Cap
Last close ₹479.75down ₹7.60 (1.56%)BSE ₹477.80
Share price at the NSE close on 23 Oct 2026. Previous close ₹487.35.
52-week range of traded prices to 23 Oct 2026
₹295.20Low, 10 Nov 2025₹687.95High, 18 Aug 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹2,316 Cr1,129th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 9 Oct 2026
- 13.7
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹56 crore of one-off items, the largest of them in the quarter to Jun 2026.
- 20.5
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 9 Oct 2026
- 2.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.83%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 9 Oct 2026
- 18.1%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹56 crore of one-off items, the largest of them in the quarter to Jun 2026.
- 12.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 9 Oct 2026
- 8.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 9 Oct 2026
- 1.10
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,07,12848.8% delivered
Who owns MM Forgings, filing by filing
Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.
Sep 2026 filing
- Promoters56.34%
- Foreign institutions3.11%
- Indian institutions7.41%
- Individuals and others33.15%
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
| Per cent | Dec 2016Filed 11 Jan | Mar 2017Filed 10 Apr | Jun 2017Filed 11 Jul | Sep 2017Filed 9 Oct | Dec 2017Filed 11 Jan | Mar 2018Filed 11 Apr | Jun 2018Filed 10 Jul | Sep 2018Filed 11 Oct | Dec 2018Filed 10 Jan | Mar 2019Filed 12 Apr | Jun 2019Filed 13 Jul | Sep 2019Filed 14 Oct | Dec 2019Filed 9 Jan | Mar 2020Filed 6 May | Jun 2020Filed 10 Jul | Sep 2020Filed 12 Oct | Dec 2020Filed 8 Jan | Mar 2021Filed 9 Apr | Jun 2021Filed 8 Jul | Sep 2021Filed 12 Oct | Dec 2021Filed 8 Jan | Mar 2022Filed 8 Apr | Jun 2022Filed 7 Jul | Sep 2022Filed 18 Oct | Dec 2022Filed 11 Jan | Mar 2023Filed 6 Apr | Jun 2023Filed 6 Jul | Sep 2023Filed 9 Oct | Dec 2023Filed 8 Jan | Mar 2024Filed 5 Apr | Jun 2024Filed 16 Jul | Sep 2024Filed 16 Oct | Dec 2024Filed 16 Jan | Mar 2025Filed 16 Apr | Jun 2025Filed 15 Jul | Sep 2025Filed 14 Oct | Dec 2025Filed 13 Jan | Mar 2026Filed 15 Apr | Jun 2026Filed 20 Jul | Sep 2026Filed 14 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 56.41% | 56.41% | 56.41% | 56.41% | 56.41% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | |
| Indian promoters | 56.41% | 56.41% | 56.41% | 56.41% | 56.41% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 6.33% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% | 56.34% |
| Foreign promoters | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 0.00% | 0.00% | 0.00% | 0.00% | 50.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | – | – | – | – | – | – | – |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 43.59% | 43.59% | 43.59% | 43.59% | 43.59% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% | 43.66% |
| Shares in issue | 1,20,70,400 | 1,20,70,400 | 1,20,70,400 | 1,20,70,400 | 1,20,70,400 | 1,20,70,400 | 1,20,70,400 | 2,41,40,800what Shares in issue, Sep 2018, includes. Bonus issue on 18 Jul 2018: 1 new share for every 1 held. Earlier filings count the shares before it. | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 2,41,40,800 | 4,82,81,600what Shares in issue, Sep 2024, includes. Bonus issue on 16 Jul 2024: 1 new share for every 1 held. Earlier filings count the shares before it. | 4,82,81,600 | 4,82,81,600 | 4,82,81,600 | 4,82,81,600 | 4,82,81,600 | 4,82,81,600 | 4,82,81,600 | 4,82,81,600 |
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
MM Forgings promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is SYNMAX CONSULTANTS & TRADING PRIVATE LIMITED, 24.01%.Promoter buying and selling
| Holder | ||
|---|---|---|
| SYNMAX CONSULTANTS & TRADING PRIVATE LIMITEDIndian companies, trusts and others | 24.01% | 1,15,92,000 |
| KRISHNAN VIDYA SHANKARIndian companies, trusts and others | 11.27% | 54,40,480 |
| K VENKATRAMANANIndian companies, trusts and others | 10.71% | 51,69,920 |
| SIVASUNDAR PRIVATE LIMITEDIndian companies, trusts and others | 3.88% | 18,74,400 |
| S LAKSHMANIndividuals and Hindu undivided families | 3.08% | 14,87,996 |
| LAKSHMI RAMACHANDRANIndividuals and Hindu undivided families | 2.35% | 11,35,960 |
| R SUBRAMONIANIndividuals and Hindu undivided families | 0.64% | 3,10,400 |
| AJAY SHANKAR RAMACHANDRANIndividuals and Hindu undivided families | 0.22% | 1,08,000 |
| SUMITA VIDYASHANKARIndian companies, trusts and others | 0.14% | 65,600 |
| VIJAY SUNDAR RAMACHANDRANIndividuals and Hindu undivided families | 0.03% | 15,024 |
| SANDHYA VIDYASHANKARIndividuals and Hindu undivided families | 0.00% | 10 |
No promoter shares are reported as pledged.
Largest public holders of MM Forgings, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016Filed 11 Jan | Mar 2017Filed 10 Apr | Jun 2017Filed 11 Jul | Sep 2017Filed 9 Oct | Dec 2017Filed 11 Jan | Mar 2018Filed 11 Apr | Jun 2018Filed 10 Jul | Sep 2018Filed 11 Oct | Dec 2018Filed 10 Jan | Mar 2019Filed 12 Apr | Jun 2019Filed 13 Jul | Sep 2019Filed 14 Oct | Dec 2019Filed 9 Jan | Mar 2020Filed 6 May | Jun 2020Filed 10 Jul | Sep 2020Filed 12 Oct | Dec 2020Filed 8 Jan | Mar 2021Filed 9 Apr | Jun 2021Filed 8 Jul | Sep 2021Filed 12 Oct | Dec 2021Filed 8 Jan | Mar 2022Filed 8 Apr | Jun 2022Filed 7 Jul | Sep 2022Filed 18 Oct | Dec 2022Filed 11 Jan | Mar 2023Filed 6 Apr | Jun 2023Filed 6 Jul | Sep 2023Filed 9 Oct | Dec 2023Filed 8 Jan | Mar 2024Filed 5 Apr | Jun 2024Filed 16 Jul | Sep 2024Filed 16 Oct | Dec 2024Filed 16 Jan | Mar 2025Filed 16 Apr | Jun 2025Filed 15 Jul | Sep 2025Filed 14 Oct | Dec 2025Filed 13 Jan | Mar 2026Filed 15 Apr | Jun 2026Filed 20 Jul | Sep 2026Filed 14 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SRINIVASAN VResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.65% | 1.71% | 1.74% | 1.75% | 1.75% | 1.75% |
| CHINMAY G PARIKHResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.33% | 1.36% | 1.36% | 1.37% | 1.37% | 1.37% |
| CATAMARAN VENTURES LLPOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.02% | 1.02% |
| SANDHYA G PARIKHResident individuals, over ₹2 lakh at face value | – | 1.15% | 1.15% | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% | 1.17% | 1.19% | 1.19% | 1.19% | 1.21% | 1.24% | 1.24% | 1.24% | 1.03% | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% | 1.02% | 1.38% | 1.38% | 1.38% | 1.38% | 1.38% | 1.38% | – |
| SRINIVASAN VARADARAJANResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.01% | 1.25% | 1.34% | 1.39% | 1.55% | 1.55% | 1.55% | 1.57% | 1.63% | 1.63% | 1.63% | 1.65% | 1.65% | 1.65% | 1.65% | 1.65% | 1.65% | – | – | – | – | – | – |
| MARVAL GURU FUNDForeign portfolio investors, category I | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.16% | 1.16% | 2.13% | 2.36% | – | – | – | – | – | – | – |
| M M FORGINGS LIMITED-UNCLAIMEDnSUSPENSE ACCOUNTOther non-institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.02% | – | – | – | – | – | – | – | – |
| MATTHEWS ASIA SMALL COMPANIES FUNDInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | 1.13% | 1.15% | 1.30% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ANIL KUMAR GOELResident individuals, over ₹2 lakh at face value | 1.39% | 1.36% | 1.36% | 1.00% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.