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NSE:MMP

MMP INDUSTRIES LIMITED

Metals & Mining › Non - Ferrous Metals
₹449.90
at close · 28 Oct 2026
▲ 7.00 (+1.58%)

Latest filings

Next results: Mon, 2 Nov · Financial Results
  1. MMP Industries schedules Q2 and H1 FY27 earnings call · Board & Shareholder Meetings
  2. Reg 74(5) certificate filing for Q2 FY27 · Compliance
  3. Trading Window closed from Oct 1 ahead of Q2 results · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Makes aluminium powder and paste, aluminium foils, and aluminium conductors, with newer polymer insulator and low-tension cable lines still ramping up. The aluminium powder and paste business is the largest at 61.1% of FY26 segment revenue, with export traction in Germany, Italy, the US and Latin America. Aluminium foils focus on value-added products such as printed, security printing, and lidding foils. Aluminium conductors, polymer insulators and LT cables all target India's power transmission and distribution value chain, which the company says is in a strong expansion phase. Materials account for 80.4% of revenue, and a 7 MW captive solar project with Rs 30 crore of capex is being built to cut power costs. FY26 consolidated revenue of Rs 824 crore was its highest-ever, up 19% YoY despite an April 2025 fire incident that cost Rs 45-50 crore in lost revenue.

Revenue mix · reported segments
Aluminium Powder and paste61.1%
Aluminium Foil26.1%
Aluminium Conductor12.1%
Insulators0.3%
Others0.3%
Others Unallocated0.1%
Operating scale
Bhandara LT cable initial capacity
100 MT/monthFY27
Umred LTPC and Covered Conductor planned capacity
6,000 MTPA
Polymer insulator peak revenue potential
Rs 130-140 croreFull ramp-up
Conductor EBITDA per ton target post integration
Rs 15,000-18,000/tonFY27
Polymer insulator planned EBITDA margin at full ramp
~20%Full ramp-up
LT cable planned EBITDA margin
14-15%FY27
Who pays it
Industrial buyers of aluminium powder and paste (including export markets such as Germany, Italy, the US and Latin America), packaging and security printing buyers for foils, and India's power transmission and distribution sector for conductors, polymer insulators and LT cables.
Biggest cost
Raw materials, at 80.4% of FY26 revenue, dominated by aluminium inputs.
Kind of business
Aluminium-processing business with a heavy materials cost base, expanding into the power transmission and distribution value chain through conductors, polymer insulators and LT cables.
Where it sits
Largest segment is aluminium powder and paste at 61.1% of FY26 segment revenue, followed by aluminium foil at 26.1% and aluminium conductors at 12.1%.
Market Cap
₹1,143 Cr
P / E (TTM)
22.8×
EV / EBITDA
16.2×
Div Yield
0.44%
Growth
29.0%▲
Revenue 5y CAGR
PAT +12.2% · EBITDA +15.9%
Quality
10.9%·
ROCE (FY26)
ROE 8.9% · margin 6.9%
Leverage
0.53·
Debt / Equity · moderate
Net debt ₹183 Cr
Revenue FY21→FY26
3.6×▲
Margin −3.8 pts
₹231 Cr → ₹824 Cr
Cash conversion
1.23×▲
Operating cash ÷ profit · 5 yrs
₹187 Cr on ₹152 Cr
Moves on a normal day
1.77%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 14 Aluminium peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#11/14
P/B#10/12
ROCE#9/15
ROE#6/12
Debt / Equity#6/12
EBITDA margin#4/12
Revenue growth#4/13
Profit growth#1/12

Scorecard

Measured from the filed financials, judged against its Aluminium peers · as of FY26 — not investment advice

Strengths
Revenue compounding 29% a year over 5 years
Profit compounding 12% a year over 5 years
Over 5 years it reported ₹152 Cr of profit and ₹187 Cr of operating cash — 1.23×
Profit is converting into cash
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

MMP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from MMP INDUSTRIES LIMITED's filed financials and exchange disclosures

What does MMP INDUSTRIES LIMITED do?

MMP INDUSTRIES LIMITED is a Non - Ferrous Metals company listed on NSE, trading under the symbol MMP.

Is MMP INDUSTRIES LIMITED profitable?

Yes. Over the trailing twelve months MMP INDUSTRIES LIMITED reported a net profit of ₹50 Cr on revenue of ₹873 Cr.

Does MMP INDUSTRIES LIMITED pay a dividend?

Yes. The dividend yield is 0.44% at the current price. It paid out 16% of its profit as dividend in FY26.

Is MMP INDUSTRIES LIMITED debt-free?

No. It reported borrowings of ₹185 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹183 Cr after cash. Debt stands at 0.53× equity. That is lower than 55% of its 12 Aluminium peers.

Is MMP INDUSTRIES LIMITED expensive compared with its peers?

On trailing P/E, MMP INDUSTRIES LIMITED ranks 11 of 14 in Aluminium — cheaper than 23% of them, against an industry median of 15.9×. This is a position, not a valuation judgement.

How much does the MMP INDUSTRIES LIMITED share price move in a day?

On a typical session MMP INDUSTRIES LIMITED moves 1.77% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are MMP INDUSTRIES LIMITED's next results?

Financial Results on Mon, 2 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track MMP INDUSTRIES LIMITED's announcements?

Every NSE and BSE filing by MMP INDUSTRIES LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.