MMP Industries Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Aluminium Powder & Paste: 63.4% • Aluminium Foil: 22.3% • Aluminium Conductor: 14.0%
AI Sector View
AI GENERATEDMetals & Mining
The sector backdrop is mixed. Iron ore output was very strong at 29.5% YoY (2026-07), but steel slowed to 2.9% YoY (2026-07), finished steel consumption was 8.0% YoY (2026-06), and headline mining production was still -0.9% (Jul/26). FPI outflows of INR -2349 crore over 3 months to 2026-08-31 also argue against an aggressive overweight.
PROS
- Latest quarter profit grew 272.8% YoY, showing strong momentum
- Company has delivered good sales growth of 28.9% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.81x)
- Working capital cycle has improved - days down from 37 to 25
- Company generates healthy free cash flow
- Company has a consistent dividend-paying track record
CONS
- Expensive relative to growth - PEG of 2.1
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| VAML | 421.60 | 0.00 | 164861.96 | 0.00 | 65970.00 | — | 213930.00 | — | 0.00 | 48.14 |
| NATIONALUM | 361.40 | 9.83 | 66375.87 | 3.18 | 2003.14 | 90.87 | 5302.38 | 39.28 | 39.71 | 51.08 |
| ARFIN | 85.66 | 78.36 | 1445.28 | 0.13 | 4.08 | 276.97 | 212.77 | 95.46 | 14.82 | 4.77 |
| MMP | 469.95 | 23.82 | 1193.80 | 0.43 | 13.70 | 353.19 | 232.60 | 26.89 | 10.57 | 10.17 |
| MAANALU | 110.45 | 867.26 | 662.53 | 0.00 | 3.10 | 13.55 | 231.86 | 9.79 | 10.76 | 2.32 |
| EUROBOND | 150.46 | 14.39 | 368.63 | 0.00 | 47.82 | 735.72 | 1198.13 | 1042.86 | 16.22 | 10.65 |
| MANAKALUCO | 36.95 | 27.36 | 242.15 | 0.14 | 2.85 | 82.76 | 139.59 | 3.85 | 10.52 | 9.60 |
| CENTEXT | 22.39 | 14.47 | 179.12 | 0.00 | 3.77 | 59.75 | 138.36 | 32.85 | 18.64 | 7.70 |
| HINDALUMI | 94.36 | 16.02 | 59.45 | 0.00 | 1.91 | -95.10 | 5.36 | 405.66 | -1.23 | 44.40 |
| GALPOWTEL | 22.97 | 0.00 | 20.36 | 0.00 | -1.44 | -111.76 | 0.00 | — | 5.41 | — |
| SORICH | — | — | — | — | — | — | — | — | 16.21 | — |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 151 | 126 | 141 | 160 | 156 | 145 | 168 | 223 | 183 | 187 | 203 | 248 | 232 | |
| 140 | 119 | 128 | 146 | 138 | 134 | 152 | 205 | 170 | 174 | 184 | 225 | 216 | |
| Operating Profit | 12 | 7 | 13 | 14 | 17 | 11 | 17 | 19 | 13 | 14 | 19 | 23 | 16 |
| OPM % | 7.63% | 5.85% | 9.35% | 8.82% | 11.21% | 7.82% | 9.88% | 8.32% | 7.06% | 7.31% | 9.34% | 9.41% | 6.90% |
| 0 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | -17 | 1 | 0 | 8 | 0 | |
| Interest | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before Tax | 9 | 5 | 9 | 10 | 13 | 7 | 12 | 14 | -9 | 8 | 13 | 25 | 16 |
| Tax % | 25.14% | 23.82% | 25.33% | 26.52% | 25.40% | 34.24% | 25.63% | 25.72% | 24.68% | 25.74% | 25.34% | 28.85% | 25.42% |
| Net Profit | 6 | 4 | 7 | 8 | 10 | 5 | 9 | 10 | -7 | 6 | 10 | 18 | 12 |
| 2.56 | 1.40 | 2.70 | 2.96 | 3.89 | 1.80 | 3.46 | 3.98 | -2.75 | 2.37 | 3.86 | 6.92 | 4.76 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 203 | 243 | 261 | 242 | 231 | 448 | 538 | 579 | 692 | 822 | 871 | |
| 182 | 213 | 231 | 214 | 205 | 406 | 503 | 532 | 628 | 753 | 799 | |
| Operating Profit | 21 | 30 | 29 | 28 | 26 | 42 | 35 | 46 | 64 | 69 | 72 |
| OPM % | 10.23% | 12.17% | 11.19% | 11.43% | 11.27% | 9.35% | 6.55% | 7.99% | 9.24% | 8.39% | 8.27% |
| 5 | 1 | 4 | 3 | 1 | 0 | 1 | 1 | 2 | -8 | 9 | |
| Interest | 4 | 4 | 3 | 2 | 2 | 4 | 4 | 7 | 10 | 13 | 14 |
| Depreciation | 2 | 2 | 2 | 3 | 5 | 6 | 7 | 8 | 10 | 11 | 11 |
| Profit before Tax | 20 | 24 | 28 | 25 | 21 | 32 | 25 | 33 | 46 | 37 | 62 |
| Tax % | 28.34% | 36.93% | 27.66% | 23.28% | 24.18% | 24.84% | 24.59% | 25.44% | 26.90% | 27.95% | 26.81% |
| Net Profit | 14 | 15 | 21 | 19 | 16 | 24 | 19 | 24 | 33 | 26 | 46 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 6.21 | 9.60 | 7.28 | 9.61 | 13.13 | 10.40 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 16.10% | 10.42% | 13.73% | 15.60% | 15.24% | 19.22% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 16%
- 5 Years:
- 29%
- 3 Years:
- 15%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 12%
- 5 Years:
- 11%
- 3 Years:
- 13%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 23%
- 3 Years:
- 27%
- 1 Year:
- 69%
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 10%
- 3 Years:
- 10%
- Last Year:
- 9%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 12 | 17 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| 38 | 47 | 143 | 154 | 170 | 192 | 207 | 229 | 258 | 279 | |
| 41 | 37 | 21 | 18 | 31 | 54 | 59 | 92 | 149 | 146 | |
| Trade Payables | 10 | 10 | 13 | 12 | 14 | 21 | 19 | 23 | 27 | 46 |
| 9 | 44 | 21 | 18 | 20 | 28 | 27 | 36 | 45 | 60 | |
| Total Liabilities | 106 | 151 | 215 | 228 | 261 | 320 | 337 | 406 | 506 | 556 |
| 37 | 37 | 44 | 90 | 112 | 147 | 160 | 183 | 220 | 238 | |
| Capital Work in Progress | 1 | 0 | 24 | 17 | 29 | 4 | 15 | 27 | 23 | 17 |
| 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 24 | |
| 20 | 20 | 24 | 35 | 50 | 77 | 86 | 111 | 135 | 156 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 57 | 90 | 88 | |
| Cash & Bank | 3 | 34 | 48 | 16 | 5 | 0 | 2 | 0 | 11 | 1 |
| 38 | 52 | 67 | 62 | 58 | 84 | 66 | 20 | 18 | 32 | |
| Total Assets | 106 | 151 | 215 | 228 | 261 | 320 | 337 | 406 | 506 | 556 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | 18 | 21 | 25 | 39 | 26 | 38 | 43 | 55 | 54 | |
| Cash from Investing | -3 | -2 | -76 | -7 | -27 | -19 | -24 | -42 | -43 | -41 |
| Cash from Financing | -1 | 22 | 43 | -3 | -1 | 0 | -7 | -3 | -2 | -24 |
| 2 | 31 | -23 | 8 | 7 | -0 | 2 | -2 | 10 | -10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-12 - MMP Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 12, 2026. Further, the company has informed the Exchange regarding voting results.
2026-09-12 - MMP Industries Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 12, 2026
2026-08-21 - MMP Industries Limited has informed the Exchange regarding a press release dated August 21, 2026, titled "MMP Industries Limited Receives Export Order Worth US$100,000 from Venezuela".
2026-08-19 - MMP Industries Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-18 - MMP Industries Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 12, 2026
2026-08-18 - MMP Industries Limited has informed the Exchange that Record date for the purpose of Dividend is 05-Sep-2026.
2026-08-14 - MMP Industries Limited has informed the Exchange regarding 'Outcome of Board Meeting 10.08.2026 in Machine readable Format'.
2026-08-13 - MMP Industries Limited has informed the Exchange regarding a press release dated August 10, 2026, titled "Investor Presentation for Q1FY 27 June, 2026 ".
2026-08-13 - MMP Industries Limited has informed the Exchange about Copy of Newspaper Publication
News
Recent coverage and analyst commentary for MMP
Loading news…
AI Stock Analyst
MMP Industries Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account