ALFA Finder| Management target | Revenue 50.0% H2 FY27 |
|---|
| Revenue growth | Record Q2 revenue of ₹252.9 Cr, up 34% YoY. |
|---|---|
| Margins | EBITDA margins improved 117 bps YoY in H1 to 8.3%. |
| Order book | Export orders from Latin America for conductors and insulators. |
| Demand visibility | Strong domestic demand; cooling monsoon impact in conductors expected. |
| Management confidence | Confident, focusing on export diversification and new segment scaling. |
Growth
H1 revenue surged 31% YoY to ₹485.7 Cr; powder segment grew 41% while conductors declined 32%.
Outlook
Conductors revenue expected to recover with 40-50% growth in H2 FY27; new plants operational by Q4.
Risks
Inventory valuation losses of ₹2.5 Cr and loss-making new subsidiaries pressured Q2 EBITDA margins.
Last quarter's promises, checked
Delivered
- Consol rev +20–25% FY27 → H1 +31% YoY (= BEAT)
- Powder rev +13–15% FY27 → H1 +41% (= BEAT)
Partly delivered
- Foil rev +~15% FY27 → volume +14%, rev n/d (= PARTIAL)
- Polymer ramp from Q3 FY27 → 'scaling up', no sales disclosed (= PARTIAL)
Missed
- Conductors 'gradual demand improvement' → H1 rev −32% (= MISS)
- Solar rollout Q3 FY27 → now 'from Q4' (= MISS)
- PGCIL approval Q2 FY27 → still awaited (= MISS)
Earnings Call Transcript filed with NSE, NSE: MMP. Summary written with AI assistance from the document.
MMP Industries Ltd: key numbers
- Share price
- ₹471.25
- Market cap
- ₹1,197 Cr
- Revenue (annual)
- ₹824.0 Cr
- Net profit (annual)
- ₹31.01 Cr
- P/E (TTM)
- 21.7×Sector 17.1×
- Promoter holding
- 74.48%-25.52% QoQ
- FII holding
- 0.45%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from MMP Industries Ltd
All →MMP Industries Investor Presentation: Key Takeaways
Q2FY27 Total Income Rs 253 Cr (+34% YoY), EBITDA Rs 19 Cr (7.6%), PAT Rs 12 Cr (+73% YoY). H1FY27 PAT Rs 26 Cr. Export-led powders growth; QoQ margin dip on inventory losses.
MMP Industries Results Update
MMP Industries reported record Q2FY27 revenue up 34% YoY with PAT rising 73%. H1FY27 PAT jumped 1516% YoY to ₹258 Mn on stronger operating performance.
MMP Industries Q2 FY27 Results: Net Profit ₹12.1 Cr, Up 72.9% YoY
MMP Industries Ltd reported revenue from operations of ₹252.7 Cr (+34.6% YoY) and net profit of ₹12.1 Cr (+72.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹12.1 Cr · +72.9% YoY
MMP Industries Board Meeting Date
MMP Industries will hold a board meeting on 2 November 2026 to consider unaudited half-yearly results. The trading window is closed from 1 October 2026.
MMP Industries Other Announcement
MMP Industries Limited filed a certificate confirming non-applicability of Regulation 74(5) as its entire shareholding is in dematerialized form for the quarter ended September 30, 2026.
MMP Industries Annual General Meeting
MMP Industries held its 53rd Annual General Meeting on September 12, 2026, where shareholders considered financial statements, dividends, and various director appointments.