MMP Industries

Why is MMP Industries Ltd falling/rising?

As of 01-Sep, MMP Industries Ltd's stock price is 383.25, down 2.59%, underperforming its sector. Despite this short-term decline, the stock has strong long-term performance with a year-to-date increase of 51.99% and significant investor interest, suggesting potential for recovery.

As of 01-Sep, MMP Industries Ltd is experiencing a decline in its stock price, currently at 383.25, which reflects a change of -10.2 or -2.59%. This drop can be attributed to its performance today, where it underperformed the sector by 1.94%. Despite this recent decline, the stock has shown strong performance over longer periods, with a year-to-date increase of 51.99% and a one-year return of 39.80%. <BR><BR>The stock is trading at a discount compared to its peers' average historical valuations, which may indicate a fair valuation despite the current price drop. Additionally, the company has a relatively low Debt to Equity ratio of 0.35 times and a Return on Capital Employed (ROCE) of 10.1, suggesting financial stability. <BR><BR>Investor participation has increased, with a delivery volume of 83.47k on August 31, which is up by 174.01% compared to the 5-day average. This indicates that while the stock is currently falling, there is significant interest from investors, which could support future price recovery. Overall, the recent price decline appears to be a short-term fluctuation amidst a backdrop of strong long-term performance.

Which are the latest news on MMP Industries?

Who are in the management team of MMP Industries?

The management team of MMP Industries includes Arun Raghuvirraj Bhandari (Chairman/Executive Director), Lalit Bhandari (Whole-time Director), and several Independent Non-Executive Directors, such as Karan Verma and Sudha Sukesh Gandhi, among others, bringing diverse expertise to the company.

The management team of MMP Industries includes the following members:<BR><BR>1. **Arun Raghuvirraj Bhandari** - Chairman / Executive Director<BR>2. **Lalit Bhandari** - Whole-time Director & Executive Director<BR>3. **Karan Verma** - Independent Non-Executive Director<BR>4. **Sudha Sukesh Gandhi** - Independent Non-Executive Director<BR>5. **Vijay Singh Bapna** - Independent Non-Executive Director<BR>6. **Sunil Khanna** - Independent Non-Executive Director<BR>7. **Tenneti Narasimham Murthy** - Whole-time Director<BR>8. **Mayank Arun Bhandari** - Non-Executive Director<BR>9. **Sanjay Sacheti** - Independent Non-Executive Director<BR><BR>This team brings a diverse range of expertise and leadership to the company.

What does MMP Industries do?

MMP Industries Ltd operates in the Non-Ferrous Metals industry, focusing on metal powders, and reported net sales of 233 Cr and a net profit of 14 Cr for June 2026. The company, originally founded in 1973, has a market cap of INR 955 Cr and key metrics include a P/E of 22.00 and a dividend yield of 0.49%.

Overview: <BR>MMP Industries Ltd operates in the Non-Ferrous Metals industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>MMP Industries Ltd was originally incorporated in 1973 as "Semi Conductor Packages Private Limited." The company underwent several name changes, becoming "Maharashtra Metal Powders Private Limited" in 1984, converting to a Public Limited Company in 1994 as "Maharashtra Metal Powders Limited," and finally rebranding to "MMP Industries Limited" in 2012. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 233 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 14 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 955 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 22.00 <BR>Industry P/E: 12 <BR>Dividend Yield: 0.49% <BR>Debt Equity: 0.53 <BR>Return on Equity: 12.35% <BR>Price to Book: 2.96<BR><BR>Contact Details: <BR>Address: 211 Shrimohini, 345 Kingsway Nagpur Maharashtra : 440001 <BR>Tel: 91-712-2524645/2533585 <BR>Email: companysecretary@mmpil.com <BR>Website: http://www.mmpil.com

Who are the peers of the MMP Industries?

MMP Industries' peers include Arfin India, Divine Power, Bhagyanagar Ind, Baheti Recycling, Nupur Recyclers, Sunlite Recycling, Maan Aluminium, and Onix Solar. Divine Power leads in 1-year returns at 327.56%, while MMP Industries has a return of 44.20%.

Peers: The peers of MMP Industries are Arfin India, Divine Power, Bhagyanagar Ind, Baheti Recycling, Nupur Recyclers, Sunlite Recycli., Maan Aluminium, and Onix Solar.<BR><BR>Quality Snapshot: Excellent management risk is observed at Divine Power and Sunlite Recycli., while Average management risk is found at Arfin India, Baheti Recycling, MMP Industries, Maan Aluminium, and Onix Solar, and Below Average management risk is noted at Bhagyanagar Ind and Nupur Recyclers. Growth is Excellent for Divine Power, Bhagyanagar Ind, Baheti Recycling, and Sunlite Recycli., while Average growth is seen at Arfin India and Maan Aluminium, and Below Average growth is present at MMP Industries and Nupur Recyclers. Good capital structure is noted for MMP Industries, Nupur Recyclers, Sunlite Recycli., and Maan Aluminium, while Below Average capital structure is found at Arfin India, Divine Power, Bhagyanagar Ind, Baheti Recycling, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Divine Power at 327.56%, while the lowest is Maan Aluminium at 14.91%. MMP Industries has a 1-year return of 44.20%, which is higher than Maan Aluminium but significantly lower than Divine Power. Additionally, Maan Aluminium and Onix Solar have negative six-month returns.

How big is MMP Industries?

As of 31st August, MMP Industries Ltd has a market capitalization of 955.00 Cr, with recent net sales of 873.31 Cr and a net profit of 50.12 Cr.

As of 31st August, MMP Industries Ltd has a market capitalization of 955.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, MMP Industries reported Net Sales of 873.31 Cr and a Net Profit of 50.12 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 323.44 Cr and Total Assets of 549.03 Cr.

Should I buy, sell or hold MMP Industries Ltd?

Are MMP Industries Ltd latest results good or bad?

MMP Industries Ltd's latest Q4 FY26 results are positive, with a net profit of ₹17.99 crores and an 11.90% revenue increase, indicating a strong recovery from previous losses. However, concerns about rising interest costs and low return on equity suggest caution for investors.

MMP Industries Ltd's latest results for Q4 FY26 can be considered good overall. The company reported a net profit of ₹17.99 crores, which reflects a significant year-on-year increase of 65.65%. Revenue also showed positive growth, reaching ₹249.68 crores, up 11.90% compared to the same quarter last year. Additionally, the operating margin improved to 8.66%, indicating better operational efficiency.<BR><BR>The results mark a notable recovery from the previous year when the company faced a consolidated loss of ₹5.41 crores in Q2 FY25. The positive trends in net profit and revenue growth, along with an expansion in profit after tax margin from 4.87% to 7.21%, suggest that MMP Industries is effectively managing its operations and costs.<BR><BR>However, while the quarterly performance is strong, analysts have classified the overall financial trend as "flat" due to rising interest costs and concerns about capital efficiency. The return on equity remains relatively low at 12.35%, which is below industry standards. <BR><BR>In summary, while the latest results are encouraging and indicate a turnaround, there are underlying concerns regarding debt levels and capital efficiency that investors should consider.

Is MMP Industries technically bullish or bearish?

As of December 4, 2025, the market trend is mildly bearish, supported by bearish weekly MACD and KST indicators, despite some conflicting signals from daily moving averages and a bullish weekly RSI.

As of 4 December 2025, the technical trend has changed from sideways to mildly bearish. The current stance is mildly bearish, primarily driven by the weekly MACD and KST indicators, both of which are bearish. The Bollinger Bands and Dow Theory also support a mildly bearish outlook on the weekly and monthly time frames. Although the daily moving averages show a mildly bullish signal, it is overshadowed by the overall bearish indicators. The RSI on the weekly is bullish but does not provide sufficient strength to counter the bearish signals. Overall, the strength of the bearish trend is moderate.

Is MMP Industries overvalued or undervalued?

As of November 10, 2025, MMP Industries is considered undervalued with a very attractive valuation grade, featuring a PE ratio of 16.45, a Price to Book Value of 0.21, and an EV to EBITDA of 33.57, making it a compelling investment opportunity despite a year-to-date return of -21.91% compared to the Sensex's 8.16%.

As of 10 November 2025, MMP Industries has moved from an attractive to a very attractive valuation grade. The company is currently considered undervalued. Key ratios include a PE ratio of 16.45, a Price to Book Value of 0.21, and an EV to EBITDA of 33.57. <BR><BR>In comparison to its peers, MMP Industries stands out with a PE ratio higher than Hindalco Industries, which has a PE of 9.85, and National Aluminium, which has a PE of 7.74. While MMP's PEG ratio is 1.32, it is still more favorable than Maan Aluminium's significantly higher PEG of 50.06. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -21.91% compared to the Sensex's 8.16%, the valuation metrics suggest that MMP Industries presents a compelling investment opportunity.

How has been the historical performance of MMP Industries?

MMP Industries has shown consistent growth, with net sales increasing from 230.73 Cr in Mar'21 to 691.86 Cr in Mar'25, and profit after tax rising from 15.78 Cr to 32.74 Cr during the same period. The company has also improved its earnings per share from 6.87 to 15.31, indicating strong financial performance and healthy cash generation.

Answer:<BR>The historical performance of MMP Industries shows a consistent growth trajectory in net sales and profitability over the years.<BR><BR>Breakdown:<BR>MMP Industries has demonstrated significant growth in net sales, increasing from 230.73 Cr in Mar'21 to 691.86 Cr in Mar'25. This upward trend is reflected in total operating income, which rose from 241.82 Cr in Mar'20 to 691.86 Cr in Mar'25. The company's total expenditure also increased, but at a slower pace, leading to an operating profit (PBDIT) growth from 27.64 Cr in Mar'20 to 64.88 Cr in Mar'25. Profit before tax has similarly improved, reaching 44.97 Cr in Mar'25, up from 20.81 Cr in Mar'21. Consequently, profit after tax rose from 15.78 Cr in Mar'21 to 32.74 Cr in Mar'25. The earnings per share (EPS) have also seen a notable increase, from 6.87 in Mar'21 to 15.31 in Mar'25. On the balance sheet, total assets grew from 233.95 Cr in Mar'20 to 549.03 Cr in Mar'25, while total liabilities increased from 156.25 Cr to 549.03 Cr during the same period. The cash flow from operating activities improved significantly, reaching 56 Cr in Mar'25, indicating a healthy cash generation capability. Overall, MMP Industries has shown robust growth in sales, profits, and asset base, positioning itself favorably in the market.

Who are the top shareholders of the MMP Industries?

The top shareholders of MMP Industries include Arun Raghuvir Raj Bhandari, the largest individual shareholder with 27.4%, followed by Gautam Rasiklal Ashra with 2.63%. Individual investors own 18.69%, while three foreign institutional investors hold 0.02%, with no pledged promoter holdings or mutual fund investments.

The top shareholders of MMP Industries include the promoters, with Arun Raghuvir Raj Bhandari being the largest individual shareholder, holding 27.4% of the company. In terms of public shareholders, Gautam Rasiklal Ashra holds 2.63%. Additionally, individual investors collectively own 18.69% of the shares. There are also three foreign institutional investors (FIIs) that hold a small portion, specifically 0.02%. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company.

When is the next results date for MMP Industries?

No Upcoming Board Meetings

What is the bonus history of the MMP Industries?

MMP Industries issued a 1:2 bonus on December 30, 2019, with a record date of December 31, 2019, meaning shareholders received one additional share for every two shares held.

MMP Industries has a bonus history that includes a 1:2 bonus issue, which was announced with an ex-date of December 30, 2019. The record date for this bonus was December 31, 2019. This means that for every two shares held, shareholders received one additional share as a bonus. If you have any more questions about MMP Industries or need further details, feel free to ask!

Has MMP Industries declared dividend?

MMP Industries Ltd has declared a 15% dividend, amounting to 1.5 per share, with an ex-date of August 19, 2024. While recent total returns show negative performance in the short term, the company has experienced significant positive returns over longer periods.

MMP Industries Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 1.5<BR>- Ex-date: 19 Aug 24<BR><BR>Dividend Yield: 0.61%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -27.53%, the dividend return was 0%, resulting in a total return of -27.53%.<BR><BR>Over the past year, the price return was -10.26%, the dividend return was 0.54%, leading to a total return of -9.72%.<BR><BR>In the 2-year period, the price return was 44.87%, the dividend return was 1.33%, culminating in a total return of 46.2%.<BR><BR>For the 3-year period, the price return was 22.72%, the dividend return was 2.07%, resulting in a total return of 24.79%.<BR><BR>In the last 4 years, the price return was 143.65%, the dividend return was 4.39%, which brought the total return to 148.04%.<BR><BR>Over the 5-year period, the price return was 432.15%, the dividend return was 5.53%, leading to a total return of 437.68%.<BR><BR>Overall, MMP Industries has declared a dividend, but the recent total returns indicate a mixed performance, with negative returns in the shorter periods and significantly positive returns over the longer term.