MMP Industries Ltd
MMP Industries Ltd is engaged in manufacturing of aluminium powders/pastes, aluminium conductors and aluminium foils.
- Market Cap ₹ 235 Cr.
- Current Price ₹ 92.6
- High / Low ₹ 109 / 44.0
- Stock P/E 16.8
- Book Value ₹ 77.5
- Dividend Yield 0.00 %
- ROCE 13.2 %
- ROE 10.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.19 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 8.98% over past five years.
Peer comparison
Sector: Non Ferrous Metals Industry: Aluminium and Aluminium Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|
65.71 | 78.62 | 65.63 | 53.72 | 59.25 | 63.11 | 35.88 | 51.48 | 66.11 | |
58.29 | 70.97 | 57.46 | 46.72 | 53.19 | 57.88 | 33.37 | 45.41 | 58.19 | |
Operating Profit | 7.42 | 7.65 | 8.17 | 7.00 | 6.06 | 5.23 | 2.51 | 6.07 | 7.92 |
OPM % | 11.29% | 9.73% | 12.45% | 13.03% | 10.23% | 8.29% | 7.00% | 11.79% | 11.98% |
Other Income | 1.08 | 0.85 | 1.03 | 1.06 | 0.53 | 0.74 | 0.20 | 1.34 | 0.27 |
Interest | 0.63 | 1.00 | 0.56 | 0.60 | 0.51 | 0.64 | 0.51 | 0.22 | 0.35 |
Depreciation | 0.61 | 0.44 | 0.52 | 0.61 | 0.88 | 1.10 | 1.05 | 1.07 | 1.14 |
Profit before tax | 7.26 | 7.06 | 8.12 | 6.85 | 5.20 | 4.23 | 1.15 | 6.12 | 6.70 |
Tax % | 29.75% | 23.65% | 29.56% | 24.09% | 20.96% | 16.78% | 40.87% | 21.24% | 25.22% |
Net Profit | 6.44 | 5.39 | 5.72 | 5.20 | 4.11 | 3.52 | 0.68 | 4.81 | 5.01 |
EPS in Rs | 2.54 | 2.12 | 2.25 | 2.05 | 1.62 | 1.39 | 0.27 | 1.89 | 1.97 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|
157 | 180 | 203 | 243 | 261 | 242 | 217 | |
144 | 161 | 182 | 213 | 231 | 215 | 195 | |
Operating Profit | 13 | 19 | 21 | 30 | 29 | 27 | 22 |
OPM % | 9% | 11% | 10% | 12% | 11% | 11% | 10% |
Other Income | 0 | 1 | 5 | 1 | 6 | 3 | 3 |
Interest | 6 | 7 | 4 | 4 | 3 | 2 | 2 |
Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 4 |
Profit before tax | 6 | 12 | 20 | 24 | 30 | 24 | 18 |
Tax % | 37% | 34% | 28% | 37% | 26% | 24% | |
Net Profit | 4 | 9 | 17 | 19 | 23 | 19 | 14 |
EPS in Rs | 3.12 | 7.16 | 13.88 | 10.18 | 8.90 | 7.31 | 5.52 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 6% |
TTM: | -16% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 37% |
3 Years: | 11% |
TTM: | -31% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -2% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 16% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|
8 | 8 | 8 | 12 | 17 | 25 | 25 | |
Reserves | 15 | 26 | 46 | 59 | 157 | 165 | 171 |
Borrowings | 43 | 39 | 41 | 38 | 23 | 17 | 14 |
21 | 21 | 19 | 54 | 25 | 27 | 30 | |
Total Liabilities | 87 | 95 | 114 | 163 | 221 | 234 | 241 |
34 | 37 | 37 | 37 | 44 | 90 | 93 | |
CWIP | 2 | 1 | 1 | 0 | 25 | 17 | 29 |
Investments | 1 | 7 | 16 | 20 | 21 | 19 | 20 |
50 | 51 | 61 | 106 | 131 | 107 | 100 | |
Total Assets | 87 | 95 | 114 | 163 | 221 | 234 | 241 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|
6 | 14 | 14 | 14 | 10 | 18 | |
-12 | -3 | -11 | -6 | -76 | -7 | |
5 | -10 | -1 | 22 | 43 | -3 | |
Net Cash Flow | -0 | 1 | 2 | 31 | -23 | 8 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|
ROCE % | 26% | 23% | 28% | 22% | 13% | |
Debtor Days | 64 | 55 | 62 | 68 | 60 | 57 |
Inventory Turnover | 7.23 | 8.29 | 9.54 | 8.93 | 5.95 |