MM Forgings vs Sandhar vs TVS Srichakra: Which Stock Should You Track
- October 8, 2026
- Posted by: Neeraj Pandey
- Category: Market
MM Forgings PE 17.23, mkt cap Rs 2,918 crore. Sandhar Technologies PE 16.65, mkt cap Rs 3,461 crore. TVS Srichakra PE 38.71, mkt cap Rs 3,571 crore.
Quick Answer
MM Forgings vs Sandhar Technologies vs TVS Srichakra is a side-by-side comparison of three companies from the Auto Components space. On this comparison, MM Forgings carries a market capitalisation of about Rs 2,918 crore against Rs 3,461 crore for Sandhar Technologies and Rs 3,571 crore for TVS Srichakra, with return on equity of 10.09%, 14.90% and 5.98% respectively. Each company’s numbers are presented here without a declared better pick, since the right stock depends on an investor’s own criteria.
MM Forgings vs Sandhar Technologies vs TVS Srichakra starts with the core numbers most investors compare within the Auto Components segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of October 2026 and will shift with daily price moves.
All three names sit in the Auto Components bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.
Click Here – Get Free Investment Predictions
MM Forgings, Sandhar Technologies and TVS Srichakra: Company Overview
MM Forgings is a listed Indian company in the Auto Components space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Sandhar Technologies is a listed Indian company in the Auto Components space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
TVS Srichakra is a listed Indian company in the Auto Components space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
MM Forgings vs Sandhar Technologies vs TVS Srichakra: Valuation and Profitability Snapshot
| Metric | MM Forgings | Sandhar Technologies | TVS Srichakra |
|---|---|---|---|
| Market Cap (approx.) | Rs 2,918 crore | Rs 3,461 crore | Rs 3,571 crore |
| PE Ratio (TTM) | 17.23 | 16.65 | 38.71 |
| PB Ratio | 2.99 | 2.60 | 3.00 |
| Return on Equity (ROE) | 10.09% | 14.90% | 5.98% |
| EPS (TTM, Rs) | 35.07 | 34.54 | 120.43 |
| Dividend Yield | 0.66% | 0.70% | 0.81% |
| Debt to Equity | 1.10 | 0.86 | 0.64 |
| Book Value per Share (Rs) | 201.99 | 221.48 | 1553.76 |
Check the Univest Screener for Live Data
On valuation, MM Forgings trades at a PE of 17.23 and a PB of 2.99, Sandhar Technologies at a PE of 16.65 and a PB of 2.60, while TVS Srichakra trades at a PE of 38.71 and a PB of 3.00. On return on equity, the three post 10.09%, 14.90% and 5.98% respectively, and on dividend yield they stand at 0.66%, 0.70% and 0.81%.
MM Forgings vs Sandhar Technologies vs TVS Srichakra: Latest Quarterly Results
| Company | Latest Quarter Revenue | Latest Quarter Net Profit | YoY Change (Revenue) | QoQ Change (Revenue) |
|---|---|---|---|---|
| MM Forgings | Rs 426.76 crore | Rs 90.42 crore | +15.5% | -0.8% |
| Sandhar Technologies | Rs 1,394.03 crore | Rs 37.28 crore | +25.6% | +5.4% |
| TVS Srichakra | Rs 1,081.82 crore | Rs 34.02 crore | +31.7% | +9.3% |
Quarterly figures above are the most recent reported quarter for each company (Q1 FY27, quarter ended June 2026), compared with the year-ago and preceding quarter.
Download the Univest iOS App or Univest Android App to track MM Forgings, Sandhar Technologies and TVS Srichakra live prices.
What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three auto components names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.
Conclusion
MM Forgings vs Sandhar Technologies vs TVS Srichakra highlights how differently three companies in the same auto components segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of October 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on MM Forgings vs Sandhar Technologies vs TVS Srichakra
What is the market cap difference between MM Forgings, Sandhar Technologies and TVS Srichakra?
Ans. As of October 2026, MM Forgings has a market cap of approximately Rs 2,918 crore, Sandhar Technologies is at approximately Rs 3,461 crore, and TVS Srichakra is at approximately Rs 3,571 crore.
Which of the three has the highest PE ratio?
Ans. Among MM Forgings, Sandhar Technologies and TVS Srichakra, the PE ratios stand at 17.23, 16.65 and 38.71 respectively as of October 2026.
Which of the three has the highest ROE?
Ans. MM Forgings, Sandhar Technologies and TVS Srichakra post ROE of 10.09%, 14.90% and 5.98% respectively as of October 2026.
Which of these three stocks pays the highest dividend yield?
Ans. MM Forgings, Sandhar Technologies and TVS Srichakra carry dividend yields of 0.66%, 0.70% and 0.81% respectively.
What is the debt to equity ratio for MM Forgings, Sandhar Technologies and TVS Srichakra?
Ans. MM Forgings carries a debt to equity of 1.10, Sandhar Technologies of 0.86, and TVS Srichakra of 0.64.
Which of the three trades at the highest price to book value?
Ans. MM Forgings, Sandhar Technologies and TVS Srichakra trade at price to book ratios of 2.99, 2.60 and 3.00 respectively.
Is one of MM Forgings, Sandhar Technologies or TVS Srichakra better than the others?
Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor’s own criteria and research.
