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MMP Industries Ltd (MMP)

₹300.24.86%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹287.95
    ₹302
  • 52 Week's Low

    52 Week's High

    ₹182.6
    ₹332.9
1 Month Return+ 0.76 %
3 Month Return-4.12 %
1 Year Return+ 37.91 %
Previous Close₹286.30
Open₹288.00
Volume97.83K
Upper Circuit-
Lower Circuit-
Market Cap₹727.28Cr

Key Statistics

P/E Ratio20.81
PEG Ratio5.14
Market Cap₹727.28 Cr
P/B Ratio1.23
EPS8.39

Company Information

MMP Industries Limited was originally incorporated as a private limited company with the name Semi Conductor Packages Private Limited on October 8 1973. Subsequently the name of the company was changed to Maharashtra Metal Powders Private Limited on October 18 1984. Further the Company was converted into a public limited company and consequently the name of the Company was changed to Maharashtra Metal Powders Limited on December 28 1994. Subsequently the name of the company was changed to MMP Industries Limited on June 19 2012. The Company is engaged in manufacturing of aluminium products at locations at and close to Nagpur. Its aluminium product range includes pyro and flake aluminium powders atomised aluminium powders aluminium pastes aluminium conductors all aluminium alloy aluminium and aluminium steel reinforced. Aluminium powders pyro flake and atomised are used in many industrial sectors like construction AAC Blocks and mining Aluminised slurry explosives agriculture pesticides defence ammunition fire crackers railways thermit portions etc. Aluminium pastes are used in automotive decorative and industrial paints. Aluminium Conductors are consumed by the power sector for laying of overhead transmission lines.The Company has entered into a Joint Venture with Toyo Aluminium K.K. of Japan for the manufacturing of specialty aluminium pastes in a new company Toyal MMP India Private Limited. The Companys association with Global Industry leader Toyo Aluminium K.K. Japan would help in moving up the value chain alongside technological support. The Company holds 26 shareholding in this JV Company. The commercial production in this unit has commenced in February 2018.The Company set up its first capacity in 1983 for pyrotechnic aluminium powders in technical collaboration with A. Van Lerberghenv Belgium now called AVL Metal Powders nv. The Company has further entered into a License Agreement with A. Van Lerberghenv for the production of aluminium powder for light weight concrete. The agreement is a continuing one and has been extended till April 30 2020 vide an addendum to license agreement.From a start up capacity of 300 MTPA in 1983 of pyro and flake aluminium powders the capacity presently is 7860 MTPA. In addition Atomised powder capacity is 7200 MTPA including for captive consumption and aluminium paste capacity of 1500 MTPA. The aluminium conductor capacity is presently 7200 MTPA. The Company is constantly adding more capacities for Powder and Conductors to meet the growing demand of its products.In addition the Company holds shareholding in Star Circlips Engineering Limited 26.06. Star Circlips Engineering Limited is the manufacturer of Circlips retaining rings washers shims and formed components used in auto and auto component industries.With over 3 decades of experience the company has developed in depth ability to understand process related problems and fine tuning of its products to suit customer needs which has carved a niche for the Company among its customers..

Share Price: ₹300.20 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹727.28Cr as of today
Revenue: ₹155.51Cr as on June 2024 (Q2 24)
Net Profit: ₹11.33Cr as on June 2024 (Q2 24)
Listing date: 12 Apr, 2018
Chairperson Name: Arun Raghuvirraj Bhandari
OrganisationMMP Industries Ltd
Headquarters
IndustryNon Ferrous Metals
E-voting on sharesClick here to vote

Key events for MMP Industries Ltd

  • MMP Industries Reports YoY Increase in Net Sales and Profit - 24 Jul, 2024

    MMP Industries Ltd reported a 2.69% YoY increase in net sales at ₹155.51 crore and a 51.97% YoY increase in quarterly net profit at Rs. 9.88 crore in June 2024.

  • MMP Industries Reports Increase in QoQ Net Profit - 23 Jul, 2024

    MMP Industries reported a consolidated net profit of Rs. 11.33 crore for the quarter ending June 2024, up 41.21% YoY. The company's EPS has also increased to Rs. 4.46 in June 2024 from Rs. 3.16 in June 2023.

Insights on MMP Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 19.08% to 19.97% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, 4.67 Cr → 11.33 Cr (in ₹), with an average increase of 23.4% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, MMP stock has moved up by 43.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, National Aluminium Company Ltd has given 121.6% return, outperforming this stock by 26.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 74.48% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, National Aluminium Company Ltd has given 100.9% return, outperforming this stock by 63.0%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 162.95 Cr → 157.07 Cr (in ₹), with an average decrease of 3.6% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 5.96% to 5.07% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'2 24Q/Q Change
Revenue
₹155.51Cr
↓2.91%
Net Income
₹11.33Cr
↑13.19%
Net Profit Margin
7.29%
↑16.64%
2023Y/Y Change
Revenue
₹538.29Cr
↑20.08%
Net Income
₹21.32Cr
↓26.46%
Net Profit Margin
3.96%
↓38.79%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹335.71Cr
↑5.98%
Total Liabilities
₹102.82Cr
↑3.18%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹32.83Cr
↑73.15%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
74.48%
0.00
Foreign Institutions
5.07%
0.00
Mutual Funds
0%
0.00
Retail Investors
19.97%
0.00
Others
0.47%
0.00

Key Indicators

MMP Industries Ltd Valuation

MMP Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.84x)

May 26, 2020

Today (20.81x)

July 23, 2024

Industry (39.61x)

July 23, 2024

Highest (25.76x)

September 6, 2023

LowHigh

Earnings and Dividends

  • MMP Industries Ltd Earnings Results

    MMP Industries Ltd’s net profit jumped 41.1% since last year same period to ₹11.33Cr in the Q1 2024-2025. On a quarterly growth basis, MMP Industries Ltd has generated 13.19% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • MMP Industries Ltd Dividends May,2023

    In the quarter ending March 2023, MMP Industries Ltd has declared dividend of ₹1 - translating a dividend yield of 0.70%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

MMP Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

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MMP Industries Ltd (MMP) share price today is ₹300.2

MMP Industries Ltd is listed on NSE

MMP Industries Ltd is not listed on BSE

  • Today’s highest price of MMP Industries Ltd is ₹302.
  • Today’s lowest price of MMP Industries Ltd is ₹287.95.

PE Ratio of MMP Industries Ltd is 20.81

PE ratio = MMP Industries Ltd Market price per share / MMP Industries Ltd Earnings per share

Today’s traded volume of MMP Industries Ltd(MMP) is 97.83K.

Today’s market capitalisation of MMP Industries Ltd(MMP) is ₹727.28Cr.

MMP Industries Ltd(MMPPrice
52 Week High
₹332.9
52 Week Low
₹182.6

MMP Industries Ltd(MMP) share price is ₹300.2. It is down -9.82% from its 52 Week High price of ₹332.9

MMP Industries Ltd(MMP) share price is ₹300.2. It is up 64.40% from its 52 Week Low price of ₹182.6

MMP Industries Ltd(MMPReturns
1 Day Returns
13.9%
1 Month Returns
0.76%
3 Month Returns
-4.12%
1 Year Returns
37.91%