MMP Industries Ltd.

MMP Industries Ltd.

NNSE:MMP
460.40
INR
+5.45
(+1.20%)
19.73EPS
14.19P/E
7.11BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
65.18
84.39
96.81
108.95
130.13
102.61
95.19
90.77
176.42
211.76
227.7
272.16
324.09
343.83
Basic EPS, GAAP
1.34
1.99
4.76
9.23
10.21
8.9
7.31
6.87
11.41
8.39
12.46
15.3
12.21
19.73
Free Cash Flow per Basic Share
3.69
-3.02
5.82
5.7
5.97
-9.04
-12.18
-0.94
-11.99
0.99
-0.35
1.88
-0.98
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
1.5
2
- -
Book Value per Share
9.25
11.28
18.39
29.24
53.74
68.29
75.09
82.26
93.68
101.22
113.76
127.33
136.41
- -
Tangible Book Value per Share
9.25
11.28
18.39
29.24
53.74
67.94
74.62
81.89
93.41
101.06
113.71
127.3
136.39
- -
Basic Weighted Avg Shares
19
19
19
19
19
25
25
25
25
25
25
25
25
25
Sales/Revenue/Turnover
1,216
1,574
1,806
2,032
2,427
2,606
2,418
2,306
4,481
5,379
5,784
6,913
8,233
8,733
Operating Margin (%)
7.46
7.35
9.87
9.48
11.38
10.95
10.49
9.34
8.02
5.39
6.65
7.91
6.58
7.02
Depreciation Expense
17
15
16
18
20
19
31
45
63
69
80
97
113
116
Net Income, GAAP
25
37
89
172
190
226
186
174
290
213
316
389
310
501
Effective Tax Rate (%)
32.95
34.54
33.9
28.34
36.93
27.66
23.97
22.39
21.76
22.06
20.84
23.94
22.6
23.18
Profit Margin (%)
2.06
2.36
4.92
8.47
7.84
8.67
7.68
7.57
6.47
3.96
5.47
5.62
3.77
5.74
Working Capital
-2
-12
31
124
513
768
578
451
569
568
569
669
541
- -
LT Debt
50
97
69
70
46
3
3
3
68
67
134
321
432
- -
Total Equity
173
210
343
545
1,002
1,735
1,908
2,090
2,380
2,571
2,890
3,234
3,465
- -
Return on Invested Capital (%)
12.53
13.44
17.24
20.09
14.73
12.36
9.7
7.58
10.73
7.55
8.88
9.6
6.72
- -
Return on Capital (%)
12.8
13.68
19.3
23.38
18.31
14.54
10
8.42
12.04
8.2
10.63
10.82
8.18
- -
Return on Common Equity (%)
15.65
19.35
32.07
38.75
24.6
16.52
10.2
8.73
12.97
8.61
11.59
12.7
9.26
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,413
- -
LT Borrowings
- -
432
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
25
Market Capitalization
6,405
4,804
7,113

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,654
- -
Cash, Cash Equivalents & STI
- -
113
- -
Accounts Receivable, Net
- -
888
- -
Inventories
- -
1,581
- -
Total Current Liabilities
- -
2,113
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,413
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.87%
10.67%
7.13%
Free Cash Flow
-21.7%
28.8%
-152.43%
Net Income, GAAP
19.01%
18.14%
-20.23%
Sales/Revenue/Turnover
18.8%
32.1%
19.08%
Total Cash Common Dividend
- -
- -
33.33%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,555
1,448
1,684
2,231
6,913
2026
1,833
1,877
2,033
2,497
8,233
2027
2,326
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4.46
2.29
4.27
4.28
15.3
2026
-2.13
2.76
4.5
7.08
12.21
2027
5.39
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1.5
2026
- -
- -
- -
- -
2
2027
- -
- -
- -
- -
- -

Company Description

CEO
Arun Raghuvirraj Bhandari
Full Time Employees
523
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
B-24, Hingna MIDC Area Nagpur MA India 440016
IPO Date
Apr 12, 2018
Website
mmpil.com
Business
MMP Industries Limited manufactures, sells, distributes and trades aluminum products in India. The company produces pyro, flake and atomized aluminum powders used in construction, mining, agriculture, defense, firecrackers and railways; aluminum pastes for automotive, decorative and industrial paints; aluminum conductors and cables for power transmission; aluminum foils for pharmaceutical and food packaging; and other products including manganese oxide and dioxide powders, washers and circlips. MMP Industries operates manufacturing facilities around Nagpur, Maharashtra, with exports to Europe, the Middle East, Africa and Asia Pacific; it maintains a joint venture with Toyo Aluminium K.K. of Japan through Toyal MMP India Private Limited for specialty aluminum pastes and receives technical support from this association. Originally incorporated in 1973 as Semi Conductor Packages Private Limited and renamed MMP Industries Limited in 2012, the company is headquartered in Nagpur, India. Recent developments include the approval in March 2025 of a corporate guarantee for subsidiary MMP Electricals Private Limited, which focuses on low voltage power cables and open access solar power, alongside the commissioning of additional pyro and flake powder capacity of 1,000 MTPA in fiscal 2022 and consolidated net sales growth of 29.58% year-over-year to Rs 187.68 crore in September 2025.