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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
MMP Industries Limited is an India-based company. The Company is primarily engaged in the business of manufacturing, selling, distribution and trading of aluminum powder, aluminum pyro and flake powder, aluminum paste, aluminum conductor and aluminum foils. The Company is…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, steadily growing business, priced for perfection.
MMP INDUSTRIES is scored on the commodity / cyclical framework. It keeps a thin 3.8% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.72× reported profit. Free cash flow is worth about -0.1% of its market value.
Over the last 3 years revenue compounded at 15%/yr and profit at 13%/yr. Book value has grown 11%/yr. Return on equity is a healthy 13.3%. In the latest quarter profit fell 24% versus the prior quarter.
At 35× earnings, the stock sits at the 96th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~9%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 19.66 | 8.67 | worse |
| P/B | 2.9 | 2.07 | worse |
| EV/EBITDA | 13.36 | — | — |
| ROE | 13.27 | 9.98 | better |
| ROCE | 12.8 | 9.16 | better |
| ROA | 7.52 | 2.62 | better |
| Quick Ratio | 0.51 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Hindustan Zinc | 11.5 | 8.0 | 69.5% |
| Hindalco Industries | 13.1 | 1.6 | 12.8% |
| Vedanta Aluminium Metal | 6.8 | 6.4 | 80.1% |
Revenue has grown every year across all 4 financial years shown. 15% CAGR over 3 years — steady double-digit compounder.
Profit is on a 2-year growth streak.
Operating margins have been stable around 5% — no major structural shift.
ROE at 9% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. 13% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.7× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 7% QoQ — could be seasonality or a genuine slowdown. Run-rate stepping up — recent quarters average 23% above earlier ones.
Profit fell 24% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (4% → 6%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 74.5% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.