MMP Industries Ltd
₹ 253
-1.31%
10 Jun
- close price
About
Incorporated in 1983, MMP Industries Ltd manufactures and sells aluminium powder products[1]
Key Points
- Market Cap ₹ 643 Cr.
- Current Price ₹ 253
- High / Low ₹ 458 / 218
- Stock P/E 16.6
- Book Value ₹ 127
- Dividend Yield 0.59 %
- ROCE 14.2 %
- ROE 12.7 %
- Face Value ₹ 10.0
Pros
Cons
- Company has a low return on equity of 11.1% over last 3 years.
- Dividend payout has been low at 12.3% of profits over last 3 years
- Debtor days have increased from 37.8 to 47.2 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
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Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 157 | 180 | 203 | 243 | 261 | 242 | 231 | 448 | 538 | 579 | 692 | |
| 144 | 161 | 182 | 213 | 231 | 215 | 205 | 406 | 503 | 532 | 628 | |
| Operating Profit | 13 | 19 | 21 | 30 | 29 | 27 | 26 | 42 | 35 | 46 | 64 |
| OPM % | 9% | 11% | 10% | 12% | 11% | 11% | 11% | 9% | 7% | 8% | 9% |
| 0 | 1 | 5 | 1 | 6 | 3 | 3 | 5 | 3 | 9 | 7 | |
| Interest | 6 | 7 | 4 | 4 | 3 | 2 | 2 | 4 | 4 | 7 | 10 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 5 | 6 | 7 | 8 | 10 |
| Profit before tax | 6 | 12 | 20 | 24 | 30 | 24 | 22 | 37 | 27 | 40 | 51 |
| Tax % | 37% | 34% | 28% | 37% | 26% | 24% | 22% | 22% | 22% | 21% | 24% |
| 4 | 9 | 17 | 19 | 23 | 19 | 17 | 29 | 21 | 32 | 39 | |
| EPS in Rs | 3.12 | 7.16 | 13.88 | 10.18 | 8.90 | 7.31 | 6.87 | 11.41 | 8.39 | 12.46 | 15.31 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 15% | 9% | 12% | 12% | 13% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 23% |
| 3 Years: | 16% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | 16% |
| 3 Years: | 10% |
| TTM: | 23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 8% |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 11% |
| 3 Years: | 11% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 12 | 17 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 15 | 26 | 46 | 89 | 157 | 165 | 184 | 213 | 232 | 264 | 298 |
| 43 | 39 | 41 | 38 | 23 | 17 | 30 | 52 | 58 | 93 | 156 | |
| 21 | 21 | 19 | 24 | 25 | 27 | 33 | 45 | 43 | 53 | 69 | |
| Total Liabilities | 87 | 95 | 114 | 163 | 221 | 234 | 272 | 335 | 358 | 435 | 549 |
| 34 | 37 | 37 | 37 | 44 | 90 | 112 | 147 | 160 | 183 | 223 | |
| CWIP | 2 | 1 | 1 | 0 | 25 | 17 | 29 | 4 | 15 | 27 | 28 |
| Investments | 1 | 7 | 16 | 20 | 21 | 19 | 22 | 29 | 32 | 42 | 48 |
| 50 | 51 | 61 | 106 | 131 | 107 | 109 | 155 | 151 | 183 | 250 | |
| Total Assets | 87 | 95 | 114 | 163 | 221 | 234 | 272 | 335 | 358 | 435 | 549 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 14 | 14 | 14 | 10 | 18 | 36 | 19 | 33 | 43 | 57 | |
| -12 | -3 | -11 | -6 | -76 | -7 | -27 | -19 | -24 | -42 | -51 | |
| 5 | -10 | -1 | 22 | 43 | -3 | -1 | 0 | -7 | -3 | 5 | |
| Net Cash Flow | -0 | 1 | 2 | 31 | -23 | 8 | 7 | -0 | 2 | -2 | 11 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 64 | 55 | 62 | 68 | 60 | 57 | 62 | 42 | 30 | 36 | 47 |
| Inventory Days | 62 | 54 | 49 | 40 | 48 | 78 | 116 | 84 | 76 | 92 | 92 |
| Days Payable | 48 | 27 | 24 | 21 | 26 | 28 | 33 | 23 | 16 | 21 | 19 |
| Cash Conversion Cycle | 78 | 82 | 86 | 87 | 82 | 108 | 144 | 103 | 90 | 108 | 121 |
| Working Capital Days | 66 | 64 | 74 | 76 | 69 | 88 | 109 | 83 | 72 | 86 | 95 |
| ROCE % | 26% | 23% | 24% | 20% | 13% | 11% | 15% | 10% | 13% | 14% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
9 June 2025 - Scheduled virtual analyst meeting on June 16, 2025, using public Q4 & FY25 investor presentation.
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Analysts/Institutional Investor Meet/Con. Call Updates
6 June 2025 - Scheduled virtual analyst meeting on June 10, 2025, using Q4 & FY25 investor presentation.
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General Updates
30 May 2025 - MMPIL to restart production in unaffected Umred plant areas from May 31, 2025 after incident.
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Copy of Newspaper Publication
24 May 2025 - Published audited financial results for quarter and year ended March 31, 2025.
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Press Release
24 May 2025 - Q4/FY25 results show 20% revenue growth; major capex and capacity expansions planned for FY26.
Annual reports
Concalls
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May 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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Jul 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Jul 2023TranscriptNotesPPT
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Jul 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Jul 2022TranscriptPPT
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Jul 2022TranscriptPPT
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Jun 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
Business Overview:[1]
MMPIL manufactures aluminum powders, aluminum foils, and aluminum conductors/cables. It is associated with Toyo Aluminium K.K. Japan, which helps provide technological support to the company.