Comparison · NSE · data 2026-11-02
MM Forgings Limited vs Rajratan Global Wire Limited
In plain words
Size: MM Forgings Limited is about 1.1 times the market value of Rajratan Global Wire Limited.
Valuation (P/E): Rajratan Global Wire Limited 25.5 vs MM Forgings Limited 21.4.
Profit growth over 3 years: MM Forgings Limited -8.3% a year vs Rajratan Global Wire Limited -11.2% a year.
Debt to equity: MM Forgings Limited 1.27 vs Rajratan Global Wire Limited 0.5.
Differences in the numbers, not a recommendation of either stock.
Side by side
| MMFL | RAJRATAN | |
|---|---|---|
| Price | ₹501.6 | ₹417.95 |
| Market cap | ₹2,318 cr | ₹2,155 cr |
| P/E | 21.4 | 25.5 |
| P/B | — | 3.1 |
| ROE | 10.6% | 11.6% |
| ROCE | 11.1% | 15.2% |
| Debt / equity | 1.27 | 0.5 |
| Operating margin | 11.1% | 9.7% |
| Dividend yield | 0.83% | 0.47% |
| Sales growth, 3 years (yearly) | 2.8% | 8.9% |
| Profit growth, 3 years (yearly) | -8.3% | -11.2% |
| 1-year return | 63.0% | 0.8% |
| Revenue, last 12 months | ₹1,649 cr | ₹1,305 cr |
| Net profit, last 12 months | ₹113 cr | ₹83 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹90 cr | ₹24 cr |
| Quarter profit vs a year earlier | +371.2% | -19.6% |
| Promoter holding | 56.34% | 65.20% |
| Health check | Average (6.2/10) | Average (5.7/10) |
Common questions
Which has a higher P/E, MM Forgings Limited or Rajratan Global Wire Limited?
Rajratan Global Wire Limited trades at the higher P/E (25.5 against 21.4). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Rajratan Global Wire Limited (11.6% against 10.6%).
Which carries more debt?
MM Forgings Limited has the higher debt-to-equity ratio (1.27 against 0.5).