NSEI:MMP

Stock Analysis Report

Executive Summary

MMP Industries Limited manufactures and sells aluminum products in India.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.

Risks

  • MMP Industries is not covered by any analysts.

Share Price & News

How has MMP Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

7.8%

NSEI:MMP

-0.2%

IN Metals and Mining

-0.7%

IN Market


1 Year Return

-30.3%

NSEI:MMP

-31.0%

IN Metals and Mining

-12.1%

IN Market

MMP matched the Metals and Mining industry (-31%) over the past year.

MMP underperformed the Market in India which returned -12.1% over the past year.


Share holder returns

MMPIndustryMarket
7 Day7.8%-0.2%-0.7%
30 Day10.3%-14.6%-5.7%
90 Day9.1%-14.9%-4.3%
1 Year-30.3%-30.3%-28.2%-31.0%-10.4%-12.1%
3 Yearn/a5.0%-6.3%19.0%13.0%
5 Yearn/a-11.5%-25.6%37.9%25.2%

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

Valuation

Is MMP Industries undervalued based on future cash flows and its price relative to the stock market?

13.21x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for MMP Industries to establish if it is available at moderate discount.

Unable to calculate intrinsic value for MMP Industries to establish if it is available at substantial discount.


Price Based on Earnings

MMP Industries is overvalued based on earnings compared to the IN Metals and Mining industry average.

MMP Industries is good value based on earnings compared to the India market.


Price Based on Expected Growth

Unable to calculate PEG ratio for MMP Industries, we can't assess if its growth is good value.


Price Based on Value of Assets

MMP Industries is overvalued based on assets compared to the IN Metals and Mining industry average.


Next Steps

Future Growth

How is MMP Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if MMP Industries is high growth as no revenue estimate data is available.

MMP Industries's earnings are expected to grow by 6.5% yearly, however this is not considered high growth (20% yearly).

Unable to compare MMP Industries's revenue growth to the India market average as no estimate data is available.

MMP Industries's earnings growth is positive but not above the India market average.

MMP Industries's earnings growth is positive but not above the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if MMP Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has MMP Industries performed over the past 5 years?

35.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

MMP Industries has delivered over 20% year on year earnings growth in the past 5 years.

MMP Industries's 1-year earnings growth is less than its 5-year average (18.8% vs 35.6%)

MMP Industries's earnings growth has exceeded the IN Metals and Mining industry average in the past year (18.8% vs 11.4%).


Return on Equity

MMP Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

MMP Industries used its assets more efficiently than the IN Metals and Mining industry average last year based on Return on Assets.


Return on Capital Employed

MMP Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is MMP Industries's financial position?


Financial Position Analysis

MMP Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

MMP Industries's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

MMP Industries's level of debt (13.1%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (158.9% vs 13.1% today).

Debt is well covered by operating cash flow (32.4%, greater than 20% of total debt).

MMP Industries earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 5.5x debt.


Next Steps

Dividend

What is MMP Industries's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate MMP Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate MMP Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as MMP Industries has not reported any payouts.

Unable to verify if MMP Industries's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as MMP Industries has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of MMP Industries's salary, the management and board of directors tenure and is there insider trading?

3.0yrs

Average board tenure


CEO

Arun Raghuveer Bhandari (64yo)

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 of about 36 years in the manufac ...


CEO Compensation Analysis

Arun Raghuveer's remuneration is lower than average for companies of similar size in India.

Arun Raghuveer's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

3.0yrs

Average Tenure

64yo

Average Age

The tenure for the MMP Industries board of directors is about average.


Insider Trading

More shares have been bought than sold by MMP Industries individual insiders in the past 3 months.


Recent Insider Transactions

Buy₹99,46712 Aug 19
Arun Raghuveer Bhandari
EntityIndividual
Role
Chairman & Managing Director
Chairman of the Board
Shares600
Max Price₹165.78
Buy₹98,74906 Mar 19
Manisha Khandelwal
EntityIndividual
Shares600
Max Price₹164.58

Ownership Breakdown


Management Team

  • Lalit Bhandari (63yo)

    Whole-Time Director

  • Arun Raghuveer Bhandari (64yo)

    Chairman & Managing Director

  • Sharad Khandelwal

    Chief Financial Officer

    • Compensation: 2.02m
  • Milind Rao

    Company Secretary & Compliance Officer

    • Compensation: 610.33k
  • Tenneti Murthy (51yo)

    Whole-Time Director

    • Tenure: 0.5yrs
  • Surendra Rathore

    Works Manager


Board Members

  • Vijay Bapna (71yo)

    Non-Executive Independent Director

    • Tenure: 1.3yrs
    • Compensation: 40.00k
  • Sunil Khanna (64yo)

    Non-Executive Independent Director

    • Tenure: 1.3yrs
    • Compensation: 40.00k
  • Lalit Bhandari (63yo)

    Whole-Time Director

    • Tenure: 11.0yrs
  • Arun Raghuveer Bhandari (64yo)

    Chairman & Managing Director

  • Ajay Gokhale (57yo)

    Non-Executive Independent Director

    • Tenure: 4.0yrs
    • Compensation: 31.50k
  • Karan Varma (71yo)

    Non-Executive Independent Director

    • Tenure: 4.9yrs
    • Compensation: 43.50k
  • Sudha Gandhi (65yo)

    Non-Executive Independent Director

    • Tenure: 2.0yrs
    • Compensation: 35.00k
  • Tenneti Murthy (51yo)

    Whole-Time Director

Company Information

MMP Industries Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MMP Industries Limited
  • Ticker: MMP
  • Exchange: NSEI
  • Founded: 1973
  • Industry: aluminum
  • Sector: materials
  • Market Cap: ₹3.012b
  • Shares outstanding: 16.94m
  • Website: Click here

Number of Employees


Location

  • MMP Industries Limited
  • B-24, Hingna MIDC Area
  • Hingna
  • Nagpur
  • Maharashtra
  • 440016
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MMPNSEI (National Stock Exchange of India)YesEquity SharesININRApr 2018

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 13:04
End of Day Share Price2019/08/14 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.