MMP Industries Limited
NSE: MMP · Unclassified
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Instant answers about MMP Industries Limited — computed from its filings, no language modelPrice & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | 241.8 | 230.7 | 448.3 | 538.3 | 578.5 | 691.9 | 824.0 |
| EBITDA | 27.6 | 26.0 | 41.9 | 35.3 | 46.2 | 63.8 | 64.9 |
| Operating margin | 11.4% | 11.3% | 9.4% | 6.6% | 8.0% | 9.2% | 7.9% |
| Interest | 2.3 | 1.7 | 3.6 | 4.5 | 6.8 | 10.2 | 13.3 |
| Depreciation | 3.1 | 4.5 | 6.3 | 6.8 | 8.0 | 9.7 | 11.3 |
| Profit before tax | 25.1 | 20.8 | 32.5 | 24.5 | 32.8 | 45.0 | 31.9 |
| Tax | 5.8 | 5.0 | 8.1 | 6.0 | 8.3 | 12.2 | 9.1 |
| Net profit | 0.0 | 0.0 | 0.0 | 0.0 | 31.6 | 38.9 | 31.0 |
| EPS ₹ | 7.31 | 6.87 | 11.41 | 8.39 | 12.46 | 15.30 | 12.21 |
| Operating cash flow | — | 19.6 | 19.0 | 32.8 | 11.4 | 75.7 | 47.9 |
| Capex | — | 0.0 | 41.5 | 19.5 | 0.0 | -49.5 | -9.9 |
| Dividend paid | — | 0.0 | 2.5 | 2.5 | 2.5 | -3.8 | -5.1 |
| Total assets | — | — | — | 358.0 | 435.0 | 549.0 | 624.9 |
| Equity | — | — | — | 257.1 | 289.0 | 323.4 | 346.5 |
Quarterly performance
last 25 quarters · ₹ crore| MAR '20 | SEP '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26* | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 63.1 | 51.5 | 77.2 | 86.1 | 92.4 | 116.4 | 153.4 | 148.2 | 118.9 | 127.7 | 143.5 | 151.4 | 126.1 | 140.9 | 160.2 | 155.5 | 144.8 | 168.4 | 223.1 | 183.3 | 187.7 | 203.3 | 46.3 | 232.6 | 252.7 |
| Operating profit | 5.9 | 6.3 | 8.6 | 8.2 | 10.0 | 9.7 | 14.1 | 7.0 | 7.2 | 9.9 | 11.1 | 11.6 | 7.4 | 13.2 | 14.1 | 17.4 | 11.3 | 16.6 | 18.6 | 12.8 | 12.8 | 17.7 | 3.9 | 20.8 | 19.1 |
| Operating margin | 9.3% | 12.2% | 11.2% | 9.5% | 10.9% | 8.3% | 9.2% | 4.8% | 6.0% | 7.8% | 7.7% | 7.6% | 5.9% | 9.3% | 8.8% | 11.2% | 7.8% | 9.9% | 8.3% | 7.0% | 6.8% | 8.7% | 8.5% | 8.9% | 7.6% |
| Other income | 0.7 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.8 | 0.1 | 0.3 | 0.1 | 0.6 | 0.4 | 0.0 | 0.4 | 0.5 | 0.6 | -0.7 | 0.2 | 0.2 |
| Interest | 0.6 | 0.2 | 0.6 | 0.6 | 0.8 | 1.2 | 1.0 | 0.9 | 1.2 | 1.1 | 1.2 | 1.2 | 1.6 | 2.0 | 2.0 | 2.1 | 2.5 | 2.6 | 2.9 | 2.6 | 3.4 | 3.6 | 0.1 | 3.4 | 3.5 |
| Depreciation | 1.1 | 1.1 | 1.3 | 1.4 | 1.6 | 1.6 | 1.7 | 1.7 | 1.7 | 1.8 | 1.7 | 1.8 | 1.9 | 2.1 | 2.1 | 2.2 | 2.4 | 2.5 | 2.5 | 2.8 | 2.8 | 2.9 | -0.0 | 3.1 | 3.1 |
| Profit before tax | 4.9 | 5.3 | 6.8 | 6.3 | 7.6 | 7.0 | 11.5 | 4.5 | 4.5 | 7.3 | 8.2 | 8.7 | 4.7 | 9.2 | 10.2 | 13.2 | 7.0 | 11.8 | 13.1 | -9.5 | 7.2 | 11.8 | 10.7 | 14.6 | 12.8 |
| Tax | 0.7 | 1.3 | 1.6 | 1.5 | 1.8 | 1.6 | 3.1 | 0.4 | 1.9 | 1.7 | 2.1 | 2.2 | 1.1 | 2.3 | 2.7 | 3.4 | 2.4 | 3.0 | 3.5 | -2.4 | 1.9 | 3.0 | 3.6 | 3.7 | 3.4 |
| Net profit | 0.0 | 0.1 | 0.0 | 0.3 | 8.7 | 6.6 | 0.0 | 4.7 | 3.4 | 6.3 | 0.0 | 0.0 | 0.0 | 0.0 | 10.0 | 11.3 | 5.8 | 10.8 | 11.0 | 0.0 | 0.0 | 0.0 | 18.0 | 0.0 | 12.1 |
| EPS ₹ | 1.38 | 1.89 | 2.73 | 2.25 | 2.95 | 2.60 | 3.16 | 1.85 | 1.36 | 2.48 | 2.71 | 3.16 | 1.84 | 3.52 | 3.94 | 4.46 | 2.29 | 4.27 | 4.28 | -2.13 | 2.76 | 4.50 | 2.58 | 5.39 | 4.77 |
| Revenue YoY | — | — | 22.4% | — | 79.5% | — | 98.5% | 72.1% | 28.7% | 9.7% | -6.4% | 2.2% | 6.0% | 10.3% | 11.6% | 2.7% | 14.9% | 19.5% | 39.3% | 17.9% | 29.6% | 20.8% | -79.2% | 26.9% | 34.6% |
| Profit YoY | — | — | — | — | 9544.4% | — | — | 1368.8% | -60.4% | -4.7% | — | -100.0% | -100.0% | -100.0% | — | — | — | — | 9.6% | -100.0% | -100.0% | -100.0% | 64.0% | — | — |
Returns & margins
trailing-twelve-month, per quarter| DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | 6.1% | 5.9% | 5.6% | 3.8% | 2.3% | 0.0% | 3.5% | 7.4% | 8.9% | 12.5% | 12.1% | 8.5% | 6.8% | 3.4% | 5.2% | 5.2% | 8.0% |
| ROCE | — | — | — | 10.8% | 10.9% | 9.2% | 10.6% | 9.7% | 10.5% | 10.4% | 11.8% | 11.3% | 12.1% | 11.5% | 6.9% | 6.9% | 7.1% | 5.6% | 10.3% | 9.9% |
| Net margin | 4.2% | 3.5% | 3.9% | 2.7% | 2.6% | 2.7% | 1.8% | 1.1% | 0.0% | 1.7% | 3.7% | 4.5% | 6.0% | 5.6% | 3.8% | 2.9% | 1.4% | 2.9% | 2.7% | 4.1% |
| EBITDA margin | 9.8% | 9.4% | 8.0% | 7.1% | 7.0% | 6.6% | 7.3% | 7.3% | 7.7% | 8.0% | 8.9% | 9.3% | 9.5% | 9.2% | 8.2% | 8.0% | 7.8% | 7.6% | 8.3% | 8.4% |
| Debt / equity | — | — | — | 0.21 | 0.21 | 0.22 | 0.22 | 0.30 | 0.30 | 0.32 | 0.32 | 0.40 | 0.40 | 0.48 | 0.48 | 0.54 | 0.54 | 0.53 | 0.53 | 0.63 |
| Interest coverage | 9.50 | 9.91 | 8.79 | 7.44 | 7.57 | 6.49 | 7.07 | 6.62 | 6.09 | 5.79 | 5.81 | 5.55 | 5.54 | 5.43 | 3.09 | 2.96 | 2.81 | 3.07 | 5.22 | 5.72 |
| Asset turnover | — | — | — | 1.60 | 1.64 | 1.50 | 1.51 | 1.39 | 1.42 | 1.33 | 1.34 | 1.26 | 1.32 | 1.26 | 1.31 | 1.36 | 1.42 | 0.99 | 1.07 | 1.00 |
Balance sheet
equity vs borrowings over time · ₹ crore| SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Share capital | 25.4 | 25.4 | 25.4 | 25.4 | 25.4 | 25.4 | 25.4 | 25.4 | 25.4 |
| Other equity / reserves | 217.5 | 231.7 | 244.8 | 263.6 | 279.9 | 298.0 | 295.2 | 321.1 | 349.1 |
| Total equity | 242.9 | 257.1 | 270.2 | 289.0 | 305.3 | 323.4 | 320.6 | 346.5 | 374.5 |
| Borrowings | 51.8 | 57.6 | 80.2 | 93.2 | 121.9 | 156.2 | 173.1 | 184.5 | 236.1 |
| Current liabilities | 73.5 | 81.5 | 106.0 | 117.4 | 135.3 | 173.1 | 182.3 | 211.3 | 251.7 |
| Non-current liabilities | 18.2 | 19.4 | 19.5 | 28.6 | 35.4 | 52.5 | 59.2 | 67.1 | 108.3 |
| Total assets | 334.6 | 358.0 | 395.7 | 435.0 | 475.9 | 549.0 | 562.2 | 624.9 | 734.5 |
| Property, plant & equipment | 151.4 | 159.5 | 173.9 | 182.5 | 210.9 | 222.5 | 237.4 | 250.2 | 258.8 |
| Capital work-in-progress | 6.9 | 14.6 | 8.9 | 27.5 | 10.4 | 28.4 | 29.4 | 38.3 | 55.6 |
| Investments | 0.0 | 32.2 | 7.7 | 42.4 | 8.8 | 0.0 | 0.0 | 63.4 | 81.0 |
| Inventories | 77.0 | 86.2 | 94.8 | 111.0 | 126.8 | 134.9 | 138.4 | 158.1 | 169.3 |
| Receivables | 43.0 | 44.6 | 49.8 | 57.1 | 52.0 | 89.5 | 76.3 | 94.6 | 125.7 |
| Cash & equivalents | 0.2 | 2.0 | 0.1 | 0.4 | 0.4 | 10.9 | 0.8 | 2.0 | 0.6 |
Cash flow
annual · ₹ crore · line = free cash flow| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Cash from operations | 19.6 | 19.0 | 32.8 | 11.4 | 75.7 | 47.9 |
| Cash from investing | 35.6 | -19.5 | -23.8 | 32.5 | 60.8 | 27.1 |
| Cash from financing | -1.4 | 0.3 | -7.2 | 17.9 | 37.4 | 24.6 |
| Capex | 0.0 | 41.5 | 19.5 | 0.0 | -49.5 | -9.9 |
| Free cash flow | 19.6 | -22.6 | 13.3 | 11.4 | 125.2 | 57.8 |
| Dividends paid | 0.0 | 2.5 | 2.5 | 2.5 | -3.8 | -5.1 |
Where the assets sit
Sep '26 · ₹ crorePeer comparison
largest in Unclassified · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Avantel Limited | 36,86,04,549 | 138.69 | — | 1059360.68 | 0.0% |
| Ducol Organics And Colours Limited | 19,55,275 | 120.00 | — | 20089.13 | 0.0% |
| Jio Platforms Limited | 12,57,181 | 1,406.40 | — | 3.57 | — |
| SBI Funds Management Limited | 1,01,750 | 499.55 | — | — | — |
| Tamilnadu Telecommunication Limited | 91,314 | 9.93 | — | — | — |
| Manipal Health Enterprises Limited | 76,294 | 646.70 | — | — | — |
| INDO-MIM Limited | 59,042 | 1,219.50 | — | — | — |
| AvenuesAI Limited | 45,138 | 129.25 | 153.6 | 9.51 | 6.2% |
| Dhoot Transmission Limited | 32,761 | 1,601.60 | — | 8.11 | — |
| 3M India Limited | 31,071 | 27,570.00 | 53.8 | 17.57 | 32.7% |
| MMP Industries Limited | 1,086 | 427.35 | 36.1 | 2.90 | 8.0% |
StoxGud checklist: Neutral setup · 5/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
FAQs
What is the share price of MMP Industries Limited?
MMP Industries Limited (MMP) closed at ₹427.35 on NSE on 06 Nov 2026.
What is the market cap of MMP Industries Limited?
₹1,086 crore at the latest close.
What is the P/E ratio of MMP Industries Limited?
36.1, on trailing-twelve-month earnings from its filings.
How fast is MMP Industries Limited growing?
MMP Industries Limited: revenue has compounded at 15.2% a year over three years. Latest-quarter revenue is up 34.6% year on year.
How profitable is MMP Industries Limited?
On a trailing-twelve-month basis return on equity is 8.0%, return on capital employed 9.9%, operating margin 8.4%, net margin 4.1%.
How much debt does MMP Industries Limited have?
MMP Industries Limited is moderately geared: debt to equity is 0.63 with borrowings of ₹236 cr against cash of ₹1 cr (balance sheet of 2026-09-30). Operating profit covers interest 5.7 times.
Financials parsed from MMP Industries Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '20, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.