MMP Industries Limited
MMP Industries Limited engages in the manufacture, sale, distribution, and trade of aluminium products in India. The company operates in four segments: Aluminium Powders and Pastes, Aluminium Conductors, Aluminium Foils, and Others. It offers pyro, flake, and atomized aluminum powders for use in various sectors, including construction and mining, agriculture, defense, firecrackers, railways, etc.… Read more
MMP Industries Limited (MMP) - Net Assets
Latest net assets as of September 2025: ₹3.21 Billion INR
Based on the latest financial reports, MMP Industries Limited (MMP) has net assets worth ₹3.21 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹5.62 Billion) and total liabilities (₹2.42 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹3.21 Billion |
| % of Total Assets | 57.04% |
| Annual Growth Rate | 29.34% |
| 5-Year Change | 54.78% |
| 10-Year Change | 842.75% |
| Growth Volatility | 30.05 |
MMP Industries Limited - Net Assets Trend (2013–2025)
This chart illustrates how MMP Industries Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MMP Industries Limited (2013–2025)
The table below shows the annual net assets of MMP Industries Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹3.23 Billion | +11.92% |
| 2024-03-31 | ₹2.89 Billion | +12.39% |
| 2023-03-31 | ₹2.57 Billion | +8.06% |
| 2022-03-31 | ₹2.38 Billion | +13.87% |
| 2021-03-31 | ₹2.09 Billion | +9.55% |
| 2020-03-31 | ₹1.91 Billion | +6.73% |
| 2019-03-31 | ₹1.79 Billion | +76.03% |
| 2018-03-31 | ₹1.02 Billion | +99.10% |
| 2017-03-31 | ₹509.94 Million | +48.64% |
| 2016-03-31 | ₹343.08 Million | +63.03% |
| 2015-03-31 | ₹210.44 Million | +21.91% |
| 2014-03-31 | ₹172.62 Million | +16.98% |
| 2013-03-31 | ₹147.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MMP Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 10516.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹2.28 Billion | 70.39% |
| Common Stock | ₹254.03 Million | 7.85% |
| Other Comprehensive Income | ₹2.98 Billion | 92.15% |
| Total Equity | ₹3.23 Billion | 100.00% |
MMP Industries Limited Competitors by Market Cap
The table below lists competitors of MMP Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Targovax ASA
LSE:0RIS
|
$16.43 Million |
|
PT TBS Energi Utama Tbk
F:6AU
|
$16.44 Million |
|
Enzo Biochem Inc
NYSE:ENZ
|
$16.44 Million |
|
D3 Energy Ltd
AU:D3E
|
$16.46 Million |
|
Yjn Co.,Ltd.
TWO:3191
|
$16.42 Million |
|
OY Nofar Energy Ltd
TA:NOFR
|
$16.42 Million |
|
Concord Medical Services Holdings
NYSE:CCM
|
$16.41 Million |
|
Aptamer Sciences Inc
KQ:291650
|
$16.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MMP Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,889,920,000 to 3,234,420,000, a change of 344,500,000 (11.9%).
- Net income of 388,755,000 contributed positively to equity growth.
- Dividend payments of 38,104,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,951,015,000.
- Other factors decreased equity by 2,957,166,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹388.75 Million | +12.02% |
| Dividends Paid | ₹38.10 Million | -1.18% |
| Other Comprehensive Income | ₹2.95 Billion | +91.24% |
| Other Changes | ₹-2.96 Billion | -91.43% |
| Total Change | ₹- | 11.92% |
Book Value vs Market Value Analysis
This analysis compares MMP Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.72x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 25.19x to 1.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | ₹8.71 | ₹219.51 | x |
| 2014-03-31 | ₹10.19 | ₹219.51 | x |
| 2015-03-31 | ₹12.43 | ₹219.51 | x |
| 2016-03-31 | ₹20.26 | ₹219.51 | x |
| 2017-03-31 | ₹20.07 | ₹219.51 | x |
| 2018-03-31 | ₹39.97 | ₹219.51 | x |
| 2019-03-31 | ₹70.35 | ₹219.51 | x |
| 2020-03-31 | ₹75.09 | ₹219.51 | x |
| 2021-03-31 | ₹82.26 | ₹219.51 | x |
| 2022-03-31 | ₹93.67 | ₹219.51 | x |
| 2023-03-31 | ₹101.22 | ₹219.51 | x |
| 2024-03-31 | ₹113.76 | ₹219.51 | x |
| 2025-03-31 | ₹127.27 | ₹219.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MMP Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.02%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.62%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 1.70x
- Recent ROE (12.02%) is below the historical average (13.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -5.22% | -0.74% | 1.57x | 4.52x | ₹-22.46 Million |
| 2014 | 14.52% | 2.06% | 1.74x | 4.05x | ₹7.80 Million |
| 2015 | 17.62% | 2.36% | 1.81x | 4.13x | ₹16.03 Million |
| 2016 | 25.87% | 4.92% | 1.91x | 2.76x | ₹54.44 Million |
| 2017 | 32.48% | 8.19% | 1.79x | 2.21x | ₹114.64 Million |
| 2018 | 18.75% | 7.84% | 1.49x | 1.60x | ₹88.83 Million |
| 2019 | 12.65% | 8.67% | 1.15x | 1.27x | ₹47.35 Million |
| 2020 | 9.74% | 7.68% | 1.03x | 1.23x | ₹-5.02 Million |
| 2021 | 8.35% | 7.56% | 0.85x | 1.30x | ₹-34.49 Million |
| 2022 | 12.18% | 6.47% | 1.34x | 1.41x | ₹51.90 Million |
| 2023 | 8.29% | 3.96% | 1.50x | 1.39x | ₹-43.93 Million |
| 2024 | 10.95% | 5.47% | 1.33x | 1.51x | ₹27.41 Million |
| 2025 | 12.02% | 5.62% | 1.26x | 1.70x | ₹65.31 Million |
Industry Comparison
This section compares MMP Industries Limited's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $63,283,269,043
- Average return on equity (ROE) among peers: 6.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MMP Industries Limited (MMP) | ₹3.21 Billion | -5.22% | 0.75x | $16.42 Million |
| Arfin India Limited (ARFIN) | $776.45 Million | 11.83% | 2.18x | $8.79K |
| Century Extrusions Limited (CENTEXT) | $392.00 Million | 3.44% | 1.57x | $10.04 Million |
| Goyal Aluminiums Limited (GOYALALUM) | $199.93 Million | 12.80% | 0.19x | $2.82 Million |
| Hindalco Industries Limited (HINDALCO) | $312.40 Billion | 7.86% | 1.78x | $14.74 Billion |
| Maan Aluminium Limited (MAANALU) | $261.75 Million | 2.92% | 0.13x | $29.27 Million |
| Manaksia Aluminium Company Limited (MANAKALUCO) | $977.46 Million | -5.47% | 1.27x | $3.81 Million |
| National Aluminium Company Limited (NATIONALUM) | $127.97 Billion | 10.33% | 0.26x | $4.08 Billion |