MMP Industries Limited manufactures and sells aluminum products in India.
Flawless balance sheet and slightly overvalued.
Share Price & News
How has MMP Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MMP's share price has been volatile over the past 3 months.
7 Day Return
IN Metals and Mining
1 Year Return
IN Metals and Mining
Return vs Industry: MMP underperformed the Indian Metals and Mining industry which returned 9.1% over the past year.
Return vs Market: MMP underperformed the Indian Market which returned 5.1% over the past year.
Price Volatility Vs. Market
How volatile is MMP Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs MMP Industries (NSE:MMP) Likely To Turn Things Around?
2 months ago | Simply Wall StCalculating The Fair Value Of MMP Industries Limited (NSE:MMP)
2 months ago | Simply Wall StMMP Industries (NSE:MMP) Has A Pretty Healthy Balance Sheet
Is MMP Industries undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MMP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MMP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MMP is good value based on its PE Ratio (9.8x) compared to the IN Metals and Mining industry average (10.1x).
PE vs Market: MMP is good value based on its PE Ratio (9.8x) compared to the Indian market (14.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MMP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MMP is overvalued based on its PB Ratio (1x) compared to the IN Metals and Mining industry average (0.7x).
How is MMP Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MMP Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine MMP Industries's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- MMP Industries competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has MMP Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MMP has a high level of non-cash earnings.
Growing Profit Margin: MMP's current net profit margins (7.7%) are lower than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: MMP's earnings have grown by 18.8% per year over the past 5 years.
Accelerating Growth: MMP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MMP had negative earnings growth (-17.8%) over the past year, making it difficult to compare to the Metals and Mining industry average (-22.7%).
Return on Equity
High ROE: MMP's Return on Equity (9.7%) is considered low.
How is MMP Industries's financial position?
Financial Position Analysis
Short Term Liabilities: MMP's short term assets (₹937.1M) exceed its short term liabilities (₹359.5M).
Long Term Liabilities: MMP's short term assets (₹937.1M) exceed its long term liabilities (₹72.5M).
Debt to Equity History and Analysis
Debt Level: MMP's debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: MMP's debt to equity ratio has reduced from 180.1% to 8.7% over the past 5 years.
Debt Coverage: MMP's debt is well covered by operating cash flow (108.8%).
Interest Coverage: MMP earns more interest than it pays, so coverage of interest payments is not a concern.
What is MMP Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MMP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MMP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MMP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MMP's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MMP's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Arun Raghuveer Bhandari (65 yo)
Mr. Arun Raghuveer Raj Bhandari serves as Chairman & Managing Director of MMP Industries Limited and also has been Director of February 5, 1981. Mr. Bhandari has experience in the manufacture of pyro techn ...
CEO Compensation Analysis
Compensation vs Market: Arun Raghuveer's total compensation ($USD179.42K) is above average for companies of similar size in the Indian market ($USD49.39K).
Compensation vs Earnings: Arun Raghuveer's compensation has been consistent with company performance over the past year.
|Chairman & Managing Director||no data||₹13.44m||50.6% |
|Whole-Time Director||12yrs||₹2.80m||no data|
|Whole-Time Director||1.5yrs||₹1.71m||no data|
|Non-Executive Independent Director||2.25yrs||₹32.00k||no data|
|Non-Executive Independent Director||2.25yrs||₹23.00k||no data|
|Non-Executive Independent Director||5yrs||₹39.00k||no data|
|Non-Executive Independent Director||5.92yrs||₹28.00k||no data|
|Non-Executive Independent Director||3yrs||₹16.00k||no data|
Experienced Board: MMP's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MMP Industries Limited's company bio, employee growth, exchange listings and data sources
- Name: MMP Industries Limited
- Ticker: MMP
- Exchange: NSEI
- Founded: 1973
- Industry: Aluminum
- Sector: Materials
- Market Cap: ₹1.857b
- Shares outstanding: 25.40m
- Website: https://www.mmpil.com
Number of Employees
- MMP Industries Limited
- B-24, Hingna MIDC Area
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MMP||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Apr 2018|
MMP Industries Limited manufactures and sells aluminum products in India. It operates through Aluminium Powder and Pastes, Aluminium Conductor, and Others segments. The company offers pyro, flake, and atom ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/12 12:36|
|End of Day Share Price||2020/08/12 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.