MMP Industries logo

MMP Industries share price

NSE: MMPNon - Ferrous MetalsSmall Cap

Last close ₹437.55down ₹22.85 (4.96%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹460.40.

52-week range of traded prices to 23 Oct 2026
₹185.20Low, 30 Mar 2026₹520.00High, 14 Oct 2026
Market cap
₹1,111 Cr1,731st largest listed
P/E
Earlier quarters restated in the year
P/B
3.2
Dividend yield
0.46%
ROCE
11.5%
Debt to equity
0.53
Volume, NSE
77,65849.6% delivered

Share price

Daily closes since Apr 2018, adjusted for splits and bonuses

+63.7%over a year

Results20-session average 90,372 shares a day, 48.9% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 10 Aug

Revenue
₹233 Crdown 6.84%
Net profit
₹14 Crdown 23.86%
Net margin
5.9%

Revenue by year

Peak revenue ₹824 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 12 NovDec 2024Filed 13 FebMar 2025Filed 23 MayJun 2025Filed 8 AugSep 2025Filed 7 NovDec 2025Filed 13 FebMar 2026Filed 23 MayJun 2026Filed 10 Aug
Revenue145168223183188203250233
Net profit61111−57121814
Net margin4.0%6.4%4.9%−3.0%3.7%5.7%7.2%5.9%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Aluminium Conductor₹1,000 Cr58.0%
  • Aluminium Powder and paste₹504 Cr29.2%
  • Aluminium Foil₹215 Crup 39.37%12.5%
  • Insulators₹2 Cr0.1%
  • Others₹3 Cr0.2%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Not shown, P/E: a results filing in the last twelve months restated the quarters before it inside its year to date, so the four quarters as the company reported them do not add to a twelve-month profit; the ratio returns once the trailing year no longer holds a quarter from before the restatement.PE ratio and valuation history

Price to book

At or below today's level on 93% of 965 trading days since Nov 2022.

LowestHighest
Its median2.1Industry median1.9
EV to EBITDA17.7

At or below today's level on 82% of 965 trading days since Nov 2022.

LowestHighest
Its median14.3Industry median8.2
Dividend yield

At or below today's level on 24% of 1,213 trading days over the last 5 years.

LowestHighest
Its median0.57%Industry median0.57%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−25.8%−23.3%−4.7%1.1%
3 years+19.7%+11.9%+6.3%0.8%
5 years+18.0%––0.8%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 and 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth and the change in P/E over 5 years are left empty: the earnings per share stated for one end does not match that year's profit and share count, and no share count is on record to work it out. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters74.48%
  • Foreign institutions0.45%
  • Indian institutions0.10%
  • Individuals and others24.97%
Holder
Arun Raghuvir Raj BhandariPromoter27.40%
MAYANK FASTENERS PVT LTDPromoter18.83%
Saroj Arun BhandariPromoter12.82%
VIVAAN MAYANK BHANDARIPromoter5.74%
STAR CIRCLIPS AND ENGINEERING LIMITEDPromoter4.56%
GAUTAM RASIKLAL ASHRAResident individuals, over ₹2 lakh at face value2.58%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Aluminium, 17 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to MMP Industries in market cap.

MMP Industries is not on the chart: it has no P/E or return on equity today

Return on equity across, P/E up, size is market cap
Company
Hindalco Industries logoHindalco IndustriesHINDALCO1,95,47511.91.46.8+20.3%−3.1%12.6%13.6%0.57%
Vedanta Aluminium Metal logoVedanta Aluminium MetalVAML1,34,654–––––––2.32%
National Aluminium Company logoNational Aluminium CompanyNATIONALUM55,4208.22.65.1+9.0%+17.8%34.3%38.9%3.81%
Arfin India logoArfin IndiaARFIN1,42077.08.331.0––11.3%15.0%0.14%
Msafe Equipments logoMsafe EquipmentsMSAFE547–5.6–––––0.00%
Maan Aluminium logoMaan AluminiumMAANALU52937.71.926.6−1.8%−5.5%6.2%3.9%0.00%
Jainik Power Cables logoJainik Power CablesJAINIK22315.92.6–––16.5%–0.00%
P.G.Foils logoP.G.FoilsPGFOILQ215–0.7–−18.6%−114.6%−1.0%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹2.00 a share, years to Mar 2025 and Mar 2026.
Ex-dateTypePer share
4 Sep 2026Final₹2.00
1 Sep 2025Final₹2.00
19 Aug 2024Final₹1.50
18 Aug 2023Final₹1.00
18 Aug 2022Final₹1.00
2 Sep 2021Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

MMP Industries share price by year

Each calendar year to 2025.MMP Industries share price history

YearClose at year endChangeHighest closeLowest close
2025252.15−25.1%341.75221.82
2024336.80+61.6%412.35190.95
2023208.40+65.3%250.10100.40
2022126.10−15.3%213.40116.10
2021148.80+82.9%187.7581.15
202081.35−32.2%111.5046.00
2019120.00−8.4%139.33102.00
2018130.97–170.03123.33
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 12 Apr 2018.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026455.35458.05431.00437.55439.9977,65849.6%
22 Oct 2026449.00478.35449.00460.40464.8752,37649.6%
21 Oct 2026481.00481.00448.10454.95460.1471,43357.2%
19 Oct 2026487.00495.00476.10478.30485.9732,41748.1%
16 Oct 2026498.00498.50487.80491.45492.0626,54447.6%
15 Oct 2026511.00511.00485.30494.80493.151,04,46750.6%
14 Oct 2026486.80520.00486.75508.65511.192,19,89645.3%
13 Oct 2026492.00496.70478.25486.80486.1752,63252.5%
12 Oct 2026505.00509.80487.25494.85498.0845,81454.4%
9 Oct 2026492.85509.00480.00501.35495.471,01,93652.9%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
23 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
30 Dec 2019Bonus0.6667Holders received 1 bonus share for every 2 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Legal name
MMP Industries Limited
NSE symbol
MMP
ISIN
INE511Y01018
Industry
Non - Ferrous Metals
Listed
Apr 2018
Face value
₹10