MMP Industries

Why is MMP Industries Ltd falling/rising?

As of 10-Aug, MMP Industries Ltd's stock price has risen to 343.65, reflecting a 5.33% increase, driven by strong performance relative to the Sensex and favorable financial metrics. Despite a decline in investor participation, the stock remains liquid and is trading above its moving averages, indicating strong momentum.

As of 10-Aug, MMP Industries Ltd is experiencing a rise in its stock price, currently at 343.65, reflecting an increase of 17.4 or 5.33%. This upward movement is supported by several factors. Over the past week, the stock has gained 16.63%, significantly outperforming the Sensex, which has declined by 0.77%. In the last month, MMP Industries has risen by 19.45%, while the Sensex has only increased by 1.56%. Year-to-date, the stock has shown a remarkable performance with a 36.29% increase, contrasting with a 5.92% decline in the Sensex.<BR><BR>Additionally, MMP Industries has consistently outperformed its sector today by 5.64%. The stock is also trading above its moving averages across various time frames, indicating strong momentum. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 61.61% compared to the 5-day average. Despite this, the stock remains liquid enough for trading.<BR><BR>The company's financial metrics further support its rising stock price. With a debt-to-equity ratio of 0.35 times and a return on capital employed (ROCE) of 10.1%, MMP Industries is considered fairly valued. The stock is trading at a discount compared to its peers' historical valuations, and its profits have increased by 10.1% over the past year, contributing to a return of 36.40%. Overall, the combination of strong performance relative to benchmarks, favorable financial ratios, and positive market sentiment contributes to the rise in MMP Industries Ltd's stock price.

Which are the latest news on MMP Industries?

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.

Should I buy, sell or hold MMP Industries Ltd?

What does MMP Industries do?

MMP Industries Ltd operates in the Non-Ferrous Metals industry, focusing on metal powders and related products. As of March 2026, it reported net sales of ₹250 Cr and a net profit of ₹18 Cr, with a market cap of ₹674 Cr.

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 as a Private Limited Company named "Semi Conductor Packages Private Limited" in 1973. The company underwent several name changes, becoming "Maharashtra Metal Powders Private Limited" in 1984, converting to a Public Limited Company and changing its name to "Maharashtra Metal Powders Limited" in 1994, and finally adopting the name "MMP Industries Limited" in 2012. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 250 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 18 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 674 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 15.00<BR>- Industry P/E: 13<BR>- Dividend Yield: 0.75%<BR>- Debt Equity: 0.53<BR>- Return on Equity: 12.35%<BR>- Price to Book: 1.97<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

How big is MMP Industries?

As of 10th June, MMP Industries Ltd has a market capitalization of 674.00 Cr, with net sales of 824.01 Cr and a net profit of 31.01 Cr reported in the latest four quarters.

As of 10th June, MMP Industries Ltd has a market capitalization of 674.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, MMP Industries reported net sales of 824.01 Cr and a net profit of 31.01 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 valued at 549.03 Cr.

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, including Karan Verma and Sudha Sukesh Gandhi, among others, providing a blend of executive leadership and independent oversight.

The management team of MMP Industries includes the following individuals:<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 mix of executive and independent oversight to the company's operations.

Who are the peers of the MMP Industries?

MMP Industries' peers include Dec.Gold Mines, Arfin India, Divine Power, Bhagyanagar Ind, Maan Aluminium, Baheti Recycling, Sunlite Recycling, Nupur Recyclers, and Euro Panel. Notably, Bhagyanagar Ind has the highest 1-year return at 296.98%, while MMP Industries has a return of -1.44%.

Peers: The peers of MMP Industries are Dec.Gold Mines, Arfin India, Divine Power, Bhagyanagar Ind, Maan Aluminium, Baheti Recycling, Sunlite Recycling, Nupur Recyclers, Euro Panel.<BR><BR>Quality Snapshot: Excellent management risk is observed at Euro Panel, while Average management risk is found at Arfin India, Divine Power, Maan Aluminium, Baheti Recycling, Sunlite Recycling, and Starlineps Enter, and the rest. Growth is Excellent at Divine Power, Bhagyanagar Ind, Baheti Recycling, and Sunlite Recycling, while Average growth is noted at Arfin India, Maan Aluminium, and MMP Industries, and the rest. Good capital structure is seen at Maan Aluminium, MMP Industries, Nupur Recyclers, and Sunlite Recycling, while Below Average capital structure is present at Dec.Gold Mines, Arfin India, Divine Power, Bhagyanagar Ind, Baheti Recycling, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bhagyanagar Ind at 296.98%, while MMP Industries has a 1-year return of -1.44%, indicating a significantly lower performance compared to Bhagyanagar Ind. The peer with the lowest 1-year return is Arfin India, which does not have a 1-year return listed. Additionally, Baheti Recycling and Maan Aluminium have negative six-month returns.

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.