MMP Industries share price, P/E, ROE & financials

As of 6 Nov 2026, MMP Industries trades at 21.7× trailing earnings, above the industry P/E of 17.0×, and the shares are 18% below their 52-week high. It earns ROCE of 13% and ROE of 16%, and sales and net profit grew 15% and 13% a year over 3 years. Its dividend yield is 0.5%, and debt is 0.63× equity. It is a small-cap company with a market cap of ₹1,086 Cr, ranked 7th of 22 Aluminum companies by market cap; the shares rose 51% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹420.00
Day high: ₹444.00
Day low: ₹396.00
Prev. close: ₹424.55
Volume: 1.2 L

Health check

2 good · 2 fair · 2 to check

ReturnsAhead
+50.9% over a year, better than 6 of 7 peers.
Price tagPricier
P/E 21.7 vs industry 17.0.
GrowthSteady
Sales +15.2%, profit +13.3% a year over 3 years.
ProfitabilityWeak
ROCE 12.9% vs peer median 19.8%.
Balance sheetFair
Debt 0.63× equity, interest covered 4.0×, Piotroski 5 of 9.
Red flagsNone found
No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Aluminum

21 listed peers. Screen the industry

Small cap

₹1,086 Cr, #7 of 22 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹938 Cr · profit ₹55 Cr

Market cap: ₹1,086 Cr; Small cap
P/E: 21.7; Industry 17.0
Price to book: 2.90; Peers 2.40
Dividend yield: 0.47%
ROE: 15.9%; Peers 10.3%
ROCE: 12.9%; Peers 19.8%
Debt to equity: 0.63; Debt ₹236 Cr
EPS (TTM): ₹19.73; Face value ₹10
OPM (TTM): 8.4%; Net margin 5.9%
Sales growth: +26.9%; Latest quarter vs a year ago
Profit growth: +72.8%; Latest quarter vs a year ago
Price to sales: 1.16; EV/EBITDA 16.7

Strengths

Quarterly profit up 72.8% on a year ago.
Quarterly sales up 26.9% on a year ago.
Positive operating cash flow in each of the last 4 years.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About MMP Industries

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…

Headquarters: Nagpur
Employees: 565
Sector: Basic Materials
ISIN: INE511Y01018
Website: mmpil.com

Price range

52 weeks

₹185.20₹520.00

Today

₹396.00₹444.00

Avg volume (3M): 1.1 L
1-year return: plus 50.9%
From 52-week high: minus 17.8%

Peers · Aluminum

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
HINDALCOHindalco Industries	958.40	plus 2.19%	2,12,749	11.1	9.4	9.4%	9.0%	0.73	7.1%	plus 12.8%
VAMLVedanta Aluminium Metal	376.05	minus 0.80%	1,46,816	22.2	–	–	41.3%	1.05	–	minus 24.2%
NATIONALUMNational Aluminium Co.	325.75	minus 1.59%	59,828	8.4	6.5	33.3%	43.8%	0.00	7.8%	plus 41.9%
CMRGREENCMR Green Technologies	218.29	plus 2.16%	4,782	17.8	13.0	19.8%	4.5%	0.83	17.4%	minus 9.5%
ARFINArfin India	94.15	minus 1.23%	1,589	86.4	33.6	20.8%	6.9%	0.76	4.3%	plus 74.7%
BELDINGBelding India	820.05	minus 2.76%	1,187	–	–	0.3%	−1377.7%	0.04	−89.7%	minus 10.8%
MMPMMP Industries	427.35	plus 0.66%	1,086	21.7	19.4	12.9%	8.4%	0.53	15.2%	plus 50.9%
MAANALUMaan Aluminium	101.80	minus 2.92%	611	42.4	–	–	2.5%	0.20	–	minus 28.4%
Median of 7 peers	–	−1.23%	4,782	20.0	11.2	19.8%	6.9%	0.73	7.1%	−9.5%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
183	188	203	250	233
171	175	186	228	212
12.8	12.8	17.7	21.6	20.8
7.0%	6.8%	8.7%	8.7%	8.9%
2.1	2.2	3.2	2	3
2.6	3.4	3.6	3.8	3.4
2.8	2.8	2.9	2.9	3.1
−17.3	−0	−0.1	7.6	–
−7.8	8.9	14.4	24.6	17.4
30.3%	21.0%	20.6%	26.8%	21.3%
−5.4	7	11.4	18	13.7
-2.13	2.76	4.50	7.08	5.39

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +15.2%
Profit CAGR 3Y: +13.3%
EPS CAGR 3Y: +13.3%
ROE: 15.9%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
538	578	691	823
–	+7.5%	+19.5%	+19.1%
502	532	627	758
35.8	46.4	64.4	65.5
6.7%	8.0%	9.3%	8.0%
2.6	7.7	7.1	9.3
4.5	6.8	10.2	13.3
6.9	8	9.7	11.3
0.2	0.6	−0.5	−10.1
27.4	40	51.1	40.1
22.1%	20.8%	23.9%	22.6%
21.3	31.6	38.9	31
–	+48.4%	+22.9%	minus 20.2%
8.39	12.46	15.31	12.21

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
25.4	25.4	25.4	25.4
232	264	298	321
57.6	93.2	156	185
43.3	52.8	69.3	93.9
358	435	549	625
177	212	254	298
17.8	29.4	31.7	48.2
0	–	–	59.8
2	0.4	11	2
161	193	252	217
358	435	549	625

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
32.8	42.8	56.8	53.3
−23.8	−41.7	−51	−54.9
−7.2	−2.7	4.8	−7.4
1.8	−1.7	10.6	−9
−30.5	−43.6	−52	−55.8
2.3	−0.9	4.8	−2.5
−2.5	−2.5	−3.8	−5.1

Shareholding pattern

Source: NSE filings

74.5%

promoters

Promoters74.48%
Public25.52%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	74.48%	25.52%	minus 0.01
30 Jun 2026	74.49%	25.51%	plus 0.01
31 Mar 2026	74.48%	25.52%	0.00
31 Dec 2025	74.48%	25.52%	0.00
30 Sep 2025	74.48%	25.52%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you