MMP Industries Limited has informed the Exchange regarding a press release dated May 23, 2026, titled "Investors Press Release for the Audited Financial Results of the Company for the Quarter and Year (Q-4)/FY25-26 ended 31st March, 2026".
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MMP Industries reported strong Q4FY26 performance with 12% YoY revenue growth to ₹2,496 million and 66% YoY PAT growth to ₹180 million, driven by volume growth and better realisations across Powder and Foil segments. For full year FY26, revenue grew 19% to ₹8,253 million, but PAT declined 20% to ₹310 million due to an April 2025 operational disruption at Umred plant (estimated ₹45-50 Cr revenue loss, ₹7-8 Cr EBITDA impact), new subsidiary ramp-up losses of ₹3.52 Cr, and net exceptional loss of ₹6.96 Cr. EBITDA margin for FY26 contracted 133 bps to 8.0% due to inflationary pressures and subsidiary losses. Management provided FY27 guidance expecting 13-15% revenue growth with margin improvement, 50% export increase, and meaningful sales ramp-up from new subsidiaries starting Q3FY27.
Mixed signals for investors: Q4FY26 showed strong sequential recovery with margin improvement, but full-year profitability declined due to one-time disruptions and new business losses. FY27 guidance suggests margin recovery as subsidiaries ramp up and new products launch.