MMP Industries Ltd

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NSEBSE

274.708.85 (3.33%)

12:00 AM,2nd Mar 2024
12:00 AM,2nd Mar 2024Stock not tradded

BSE : 535071

NSE : MMP

Sector : Metals & Mining

ISIN Code : INE511Y01018

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Market Cap (₹ Cr)

697

Turnover (₹ Cr)

0.02

Volume (Shares)

6940

Face Value

10

52-WK High

298.05

52-WK High Date

01 Feb 2024

52-WK Low

92.40

52-WK Low Date

28 Mar 2023

All Time High

298.05

All Time High Date

01 Feb 2024

All Time Low

43.95

All Time Low Date

29 May 2020

MMP Industries Ltd

MMP Industries Limited was originally incorporated as a private limited company with the name 'Semi Conductor Packages Private Limited' on October 8 1973. Subsequently the name of the company was changed to 'Maharashtra Metal Powders Private Limited' on October 18 1984. Further the Company was converted into a public limited company and consequently the name of the Company was changed to 'Maharashtra Metal Powders Limited' on December 28 1994. Subsequently the name of the company was changed to 'MMP Industries Limited' on June 19 2012. The Company is engaged in manufacturing of aluminium products at locations at and close to Nagpur. Its aluminium product range includes pyro and flake aluminium powders atomised aluminium powders aluminium pastes aluminium conductors (all aluminium alloy aluminium and aluminium steel reinforced). Aluminium powders (pyro flake and atomised) are used in many industrial sectors like construction (AAC Blocks) and mining (Aluminised slurry explosives) agriculture (pesticides) defence (ammunition) fire crackers railways (thermit portions) etc. Aluminium pastes are used in automotive decorative and industrial paints. Aluminium Conductors are consumed by the power sector for laying of overhead transmission lines.The Company has entered into a Joint Venture with Toyo Aluminium K.K. of Japan for the manufacturing of specialty aluminium pastes in a new company ?Toyal MMP India Private Limited. The Company's association with Global Industry leader ?Toyo Aluminium K.K. Japan would help in moving up the value chain alongside technological support. The Company holds 26% shareholding in this JV Company. The commercial production in this unit has commenced in February 2018.The Company set up its first capacity in 1983 for pyrotechnic aluminium powders in technical collaboration with A. Van Lerberghenv Belgium (now called AVL Metal Powders nv). The Company has further entered into a License Agreement with A. Van Lerberghenv for the production of aluminium powder for light weight concrete. The agreement is a continuing one and has been extended till April 30 2020 vide an addendum to license agreement.From a start up capacity of 300 MTPA in 1983 of pyro and flake aluminium powders the capacity presently is 7860 MTPA. In addition Atomised powder capacity is 7200 MTPA including for captive consumption and aluminium paste capacity of 1500 MTPA. The aluminium conductor capacity is presently 7200 MTPA. The Company is constantly adding more capacities for Powder and Conductors to meet the growing demand of its products.In addition the Company holds shareholding in Star Circlips & Engineering Limited (26.06%). Star Circlips & Engineering Limited is the manufacturer of Circlips retaining rings washers shims and formed components used in auto and auto component industries.With over 3 decades of experience the company has developed in depth ability to understand process related problems and fine tuning of its products to suit customer needs which has carved a niche for the Company among its customers.

MMP Industries Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

697

EPS - TTM (₹) [S]

9.06

P/E Ratio (X) [S]

2.90

Face Value (₹) 10
Latest Dividend (%)10.00
Latest Dividend Date 18 Aug 2023
Dividend Yield (%) 0.36
Book Value Share (₹) [S]94.65
P/B Ratio (₹) [S]2.90
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

260.15

276.90

Week Low/High

258.25

290.00

Month Low/High

256.85

297.00

Year Low/High

92.40

298.00

All time Low/High

0.00

298.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week%-2.48%0.910.75%
1 Month%0.59%2.392.40%
3 Month%34.89%9.3710.41%
6 Month%27.12%12.8815.14%
1 Year%113.61%25.2929.19%
3 Year%204.38%46.7450.00%

Company Info

Company Information

Chairman / Executive Director : Arun Raghuvirraj Bhandari

WTD & Executive Director : Lalit Bhandari

Independent Non Exe. Director : KARAN VERMA

Independent Non Exe. Director : Sudha Sukesh Gandhi

Independent Non Exe. Director : Vijay Singh Bapna

Independent Non Exe. Director : Sunil Khanna

Whole-time Director : Tenneti Narasimham Murthy

Non Executive Director : Mayank Arun Bhandari

Independent Non Exe. Director : SANJAY SACHETI

Registered Office: 211 Shrimohini, 345 Kingsway,Nagpur,Maharashtra-440001 Ph: 91-712-2524645/2533585

Email:companysecretary@mmpil.com

URL:http://www.mmpil.com