About
MMP Industries Limited engages in the manufacture, sale, distribution, and trade of aluminium products in India. It operates in four segments: Aluminium Powders and Pastes, Aluminium Conductors, Aluminium Foils, Insulators, and Others. The company offers pyro, flake, and atomized aluminum powders for use in various sectors, including construction, mining and infrastructure, agriculture, defense, pyrotechnics and fireworks, railways, and specialized industrial applications; aluminum pastes; and aluminum conductors and cables used by the power sector. It also provides aluminum foils that are used in pharmaceutical and food packaging applications; polymer insulators, ceramic insulators, FRP rods, and others; and manganese oxide/dioxide, washers, circlips, and coal products. In addition, the company engages in trading and manufacturing manganese oxide and manganese dioxide powder. It exports its products to countries in Europe, the Middle East, other Asian markets, and Africa. The company was formerly known as Maharashtra Metal Powders Limited and changed its name to MMP Industries Limited in June 2012. MMP Industries Limited was incorporated in 1973 and is based in Nagpur, India.
Key Metrics
as of Sep 2026Market Cap1,027 Cr
P/E23.00
Div Yield0.49 %
Book Value₹136.00
52w High₹430.00
52w Low₹185.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 233.00 | 250.00 | 203.00 | 188.00 | 183.00 | 223.00 | 168.00 | 145.00 | 156.00 | 160.00 | 141.00 | 126.00 | 151.00 |
| Expenses | 212.00 | 228.00 | 186.00 | 175.00 | 171.00 | 205.00 | 152.00 | 134.00 | 138.00 | 146.00 | 128.00 | 119.00 | 140.00 |
| Operating Profit | 21.00 | 22.00 | 18.00 | 13.00 | 13.00 | 18.00 | 17.00 | 11.00 | 17.00 | 14.00 | 13.00 | 7.00 | 12.00 |
| OPM % | 9.00 | 9.00 | 9.00 | 7.00 | 7.00 | 8.00 | 10.00 | 8.00 | 11.00 | 9.00 | 9.00 | 6.00 | 8.00 |
| Other Income | 3.00 | 10.00 | 3.00 | 2.00 | -15.00 | 1.00 | 2.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 | 2.00 |
| Depreciation | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Interest | 3.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 |
| Profit before tax | 17.00 | 25.00 | 14.00 | 9.00 | -8.00 | 14.00 | 14.00 | 8.00 | 15.00 | 13.00 | 11.00 | 6.00 | 10.00 |
| Tax % | 21.00 | 27.00 | 21.00 | 21.00 | -30.00 | 24.00 | 22.00 | 29.00 | 23.00 | 21.00 | 21.00 | 19.00 | 21.00 |
| Net Profit | 14.00 | 18.00 | 11.00 | 7.00 | -5.00 | 11.00 | 11.00 | 6.00 | 11.00 | 10.00 | 9.00 | 5.00 | 8.00 |
| EPS in Rs | 5.39 | 7.08 | 4.50 | 2.76 | -2.13 | 4.28 | 4.27 | 2.30 | 4.46 | 3.94 | 3.52 | 1.84 | 3.16 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 824.00 | 692.00 | 579.00 | 538.00 | 448.00 | 231.00 | 242.00 | 261.00 | 243.00 | 203.00 | 180.00 | 157.00 |
| Expenses | 759.00 | 628.00 | 532.00 | 503.00 | 406.00 | 205.00 | 215.00 | 231.00 | 213.00 | 182.00 | 161.00 | 144.00 |
| Operating Profit | 65.00 | 64.00 | 46.00 | 35.00 | 42.00 | 26.00 | 27.00 | 29.00 | 30.00 | 21.00 | 19.00 | 13.00 |
| OPM % | 8.00 | 9.00 | 8.00 | 7.00 | 9.00 | 11.00 | 11.00 | 11.00 | 12.00 | 10.00 | 11.00 | 9.00 |
| Other Income | 0.00 | 7.00 | 9.00 | 3.00 | 5.00 | 3.00 | 3.00 | 6.00 | 1.00 | 5.00 | 1.00 | 0.00 |
| Interest | 13.00 | 10.00 | 7.00 | 4.00 | 4.00 | 2.00 | 2.00 | 3.00 | 4.00 | 4.00 | 7.00 | 6.00 |
| Depreciation | 11.00 | 10.00 | 8.00 | 7.00 | 6.00 | 5.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Profit before tax | 40.00 | 51.00 | 40.00 | 27.00 | 37.00 | 22.00 | 24.00 | 30.00 | 24.00 | 20.00 | 12.00 | 6.00 |
| Tax % | 23.00 | 24.00 | 21.00 | 22.00 | 22.00 | 22.00 | 24.00 | 26.00 | 37.00 | 28.00 | 34.00 | 37.00 |
| Net Profit | 31.00 | 39.00 | 32.00 | 21.00 | 29.00 | 17.00 | 19.00 | 23.00 | 19.00 | 17.00 | 9.00 | 4.00 |
| EPS in Rs | 12.21 | 15.31 | 12.46 | 8.39 | 11.41 | 6.87 | 7.31 | 8.90 | 10.18 | 13.88 | 7.16 | 3.12 |
| Dividend Payout % | 16.00 | 10.00 | 12.00 | 12.00 | 9.00 | 15.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 25.00 | 17.00 | 12.00 | 8.00 | 8.00 | 8.00 |
| Reserves | 321.00 | 298.00 | 264.00 | 232.00 | 213.00 | 184.00 | 165.00 | 157.00 | 89.00 | 46.00 | 26.00 | 15.00 |
| Borrowings | 185.00 | 156.00 | 93.00 | 58.00 | 52.00 | 30.00 | 17.00 | 23.00 | 38.00 | 41.00 | 39.00 | 43.00 |
| Other Liabilities | 94.00 | 69.00 | 53.00 | 43.00 | 45.00 | 33.00 | 27.00 | 25.00 | 24.00 | 19.00 | 21.00 | 21.00 |
| Total Liabilities | 625.00 | 549.00 | 435.00 | 358.00 | 335.00 | 272.00 | 234.00 | 221.00 | 163.00 | 114.00 | 95.00 | 87.00 |
| Fixed Assets | 250.00 | 223.00 | 183.00 | 160.00 | 147.00 | 112.00 | 90.00 | 44.00 | 37.00 | 37.00 | 37.00 | 34.00 |
| CWIP | 38.00 | 28.00 | 27.00 | 15.00 | 4.00 | 29.00 | 17.00 | 25.00 | 0.00 | 1.00 | 1.00 | 2.00 |
| Investments | 54.00 | 48.00 | 42.00 | 32.00 | 29.00 | 22.00 | 19.00 | 21.00 | 20.00 | 16.00 | 7.00 | 1.00 |
| Other Assets | 282.00 | 250.00 | 182.00 | 151.00 | 155.00 | 109.00 | 107.00 | 131.00 | 106.00 | 61.00 | 51.00 | 50.00 |
| Total Assets | 625.00 | 549.00 | 435.00 | 358.00 | 335.00 | 272.00 | 234.00 | 221.00 | 163.00 | 114.00 | 95.00 | 87.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 53.00 | 57.00 | 43.00 | 33.00 | 19.00 | 36.00 | 18.00 | 10.00 | 14.00 | 14.00 | 14.00 | 6.00 |
| Cash from Investing Activity | -55.00 | -51.00 | -42.00 | -24.00 | -19.00 | -27.00 | -7.00 | -76.00 | -6.00 | -11.00 | -3.00 | -12.00 |
| Cash from Financing Activity | -7.00 | 5.00 | -3.00 | -7.00 | 0.00 | -1.00 | -3.00 | 43.00 | 22.00 | -1.00 | -10.00 | 5.00 |
| Net Cash Flow | -9.00 | 11.00 | -2.00 | 2.00 | 0.00 | 7.00 | 8.00 | -23.00 | 31.00 | 2.00 | 1.00 | 0.00 |
| Free Cash Flow | 4.00 | 6.00 | -1.00 | 3.00 | 3.00 | 1.00 | -24.00 | -26.00 | 12.00 | 18.00 | 11.00 | -6.00 |
| CFO/OP % | 92.00 | 102.00 | 101.00 | 107.00 | 61.00 | 151.00 | 92.00 | 71.00 | 73.00 | 92.00 | 86.00 | 59.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 39.00 | 47.00 | 36.00 | 30.00 | 42.00 | 62.00 | 57.00 | 60.00 | 68.00 | 62.00 | 55.00 | 64.00 |
| Inventory Days | 88.00 | 95.00 | 92.00 | 76.00 | 84.00 | 116.00 | 78.00 | 48.00 | 40.00 | 49.00 | 54.00 | 62.00 |
| Days Payable | 26.00 | 19.00 | 19.00 | 16.00 | 23.00 | 33.00 | 28.00 | 26.00 | 21.00 | 24.00 | 27.00 | 48.00 |
| Cash Conversion Cycle | 102.00 | 123.00 | 109.00 | 90.00 | 103.00 | 144.00 | 108.00 | 82.00 | 87.00 | 86.00 | 82.00 | 78.00 |
| Working Capital Days | 23.00 | 30.00 | 36.00 | 37.00 | 46.00 | 63.00 | 63.00 | 41.00 | 30.00 | 17.00 | 7.00 | 2.00 |
| ROCE % | 12.00 | 14.00 | 13.00 | 10.00 | 15.00 | 11.00 | 13.00 | 20.00 | 24.00 | 23.00 | 26.00 | — |
Corporate Actions
6 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 01 Sep 2025 | 01 Sep 2025 | — | 2.00 | |
| Dividend | 19 Aug 2024 | — | — | 1.50 | |
| Dividend | 18 Aug 2023 | — | — | 1.00 | |
| Dividend | 18 Aug 2022 | — | — | 1.00 | |
| Dividend | 02 Sep 2021 | — | — | 1.00 | |
| Other | 30 Jul 2020 | — | — | — | Annual General Meeting |
Announcements
5 filingsAnnual Reports
Credit Ratings
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Rating update27 Apr from crisil
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Rating update23 Dec 2025 from crisil
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Rating update22 Jul 2025 from crisil
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Rating update23 Apr 2025 from crisil
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Rating update3 Apr 2025 from crisil
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Rating update5 Jan 2024 from crisil