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Earnings Call

MMP Industries Earnings Call: Key Takeaways

MMP Industries delivered record FY26 revenue of ₹825.3cr despite operational disruptions. Strategy focuses on diversification into power infrastructure via polymer insulators and LT cables.

Highlights
Revenue growthFY26 up 19% YoY; FY27 guided 13-15% for core segments.
MarginsEBITDA margin 8% in FY26; aiming for double-digit improvement.
Order bookCompetitors have 6-8 month lead times; MMP expects similar traction.
Demand visibilityStrong domestic and export inquiries; scale-up expected from Q3 FY27.
Management confidenceHigh; management confident in long-term power infrastructure tailwinds.

Growth

FY26 Revenue grew 19% YoY to ₹825.3cr. Q4 PAT rose 66% YoY to ₹18cr, supported by healthy segment volumes and exceptional credits.

Outlook

FY27 revenue guidance of 13-15% for powder/foil segments; overall consolidated growth guided at 20-25% including new verticals.

Risks

Near-term demand moderation due to elevated aluminum prices; geopolitical uncertainties and volatility in raw material costs.

Source

Earnings Call filed with NSE, NSE: MMP. Summary written with AI assistance from the document.

Read the document ↗

MMP Industries Ltd: key numbers

Share price
₹460.25
Market cap
₹1,169 Cr
Revenue (annual)
₹824.0 Cr
Net profit (annual)
₹31.01 Cr
P/E (TTM)
23.3×Sector 19.0×
Promoter holding
100.00%+25.52% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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MMP Industries held its 53rd Annual General Meeting on September 12, 2026, where shareholders considered financial statements, dividends, and various director appointments.