Press Release

Monday, 2nd November, 2026 The Manager, Listing Department, National Stock Exchange of India Limited “Exchange Plaza”, C - 1, Block G, Bandra –Kurla Complex, Bandra(East), Mumbai– 400051 MH IN Sub: Investors Press Release for the Unaudited Financial Results of the Company for the Quarter (Q-2)/FY26-27 ended 30th September, 2026. Ref: NSE Script Code - MMP Dear Sir / Madam, With reference to the captioned subject, kindly find enclose Investor Press release for the unaudited Financial Results of the Company for the Quarter (Q-2)/FY26-27 ended 30th September, 2026. Kindly disseminate the same on website. Sincerely, For MMP Industries Limited Madhura Singh CS & Compliance Officer Add: Nagpur Press Release – Q2 & H1FY27 MMP Industries Limited www.mmpil.com | NSE: MMP | ISIN: INE511Y01018 MMP Industries Reports Record Quarterly and Half-Yearly Revenue; Q2FY27 Revenue Grows 35% and PAT Rises 73% YoY Nagpur, India - November 02, 2026: MMP Industries Limited, a leading manufacturer of aluminium powders, foils and conductors, announced its financial results for the second quarter and half year (Q2FY27 and H1FY27) ended September 30, 2026. Key Consolidated Financial Highlights Particulars (₹ Mn) Q2FY27 Q1FY27 QoQ (%) Q2FY26 YoY (%) H1FY27 H1FY26 YoY (%) Total Income 2,529 2,328 9% 1,882 34% 4,857 3,719 31% EBITDA 193 210 -8% 134 44% 403 265 52% EBITDA Margin (%) 7.65% 9.01% -136 bps 7.12% 53 bps 8.30% 7.13% 117 bps PAT 121 137 -12% 70 73% 258 16 1516% PAT Margin (%) 4.79% 5.89% -110 bps 3.72% 107 bps 5.31% 0.43% 488 bps Consolidated Q2FY27 Highlights  Total Income grew 34% YoY to ₹2,529 Mn, compared to ₹1,882 Mn in Q2FY26.  EBITDA increased 44% YoY to ₹193 Mn, compared to ₹134 Mn in Q2FY26.  EBITDA Margin improved by 53 bps YoY to 7.65%, compared to 7.12% in Q2FY26.  PAT grew 73% YoY to ₹121 Mn, compared to ₹70 Mn in Q2FY26. Consolidated H1FY27 Highlights  Total Income grew 31% YoY to ₹4,857 Mn, compared to ₹3,719 Mn in H1FY26.  EBITDA increased 52% YoY to ₹403 Mn, compared to ₹265 Mn in H1FY26.  EBITDA Margin improved by 117 bps YoY to 8.30%, compared to 7.13% in H1FY26.  PAT increased 1516% YoY to ₹258 Mn, compared to ₹16 Mn in H1FY26. which was impacted by an exceptional charge of approximately ₹173 Mn. Business Segment Performance Particulars (₹ Mn) Q2FY27 Q1FY27 QoQ (%) Q2FY26 YoY (%) H1FY27 H1FY26 YoY (%) Aluminium Powders 1,610 1,538 5% 1,174 37% 3,149 2,236 41% Aluminium Foils 748 605 24% 509 47% 1,353 979 38% Aluminium Conductors 156 171 -9% 186 -16% 327 480 -32% Polymer Insulator 6 5 24% 4 42% 11 5 134% Others & Unallocated 9 9 -1% 9 -7% 17 19 -8%  Aluminium Powders: Revenue grew 37% YoY to ₹1,610 Mn in Q2FY27, compared to ₹1,174 Mn in Q2FY26.  Aluminium Foils: Revenue increased 47% YoY to ₹748 Mn in Q2FY27, compared to ₹509 Mn in Q2FY26.  Aluminium Conductors: Revenue declined 16% YoY to ₹156 Mn in Q2FY27, compared to ₹186 Mn in Q2FY26. MMP INDUSTRIES LIMITED | WWW.MMPIL.COM | Q2 & H1FY27 PRESS RELEASE | PAGE 1 OF 6 Press Release – Q2FY22 Management Commentary The Company achieved its highest-ever quarterly and half-yearly Total Income of ₹2,529 Mn and ₹4,857 Mn, respectively, registering strong YoY growth of 34% in Q2FY27 and 31% in H1FY27. Growth was primarily driven by improved plant utilisation and robust export performance during the quarter. EBITDA grew by 44% YoY to ₹193 Mn in Q2FY27, with EBITDA margin improving by 53 bps to 7.65%, compared to 7.12% in Q2FY26. Profit After Tax increased by 73% YoY to ₹121 Mn, reflecting improved operating performance and profitability. The improvement in EBITDA margin was achieved despite fluctuating metal prices and inventory valuation related losses, higher consumable costs and a combined EBITDA loss of ₹15 Mn incurred by the Company's wholly owned subsidiaries, MMP Electricals Private Limited and MMP Cables Private Limited which are in the initial stages of operations. However, on a sequential basis, EBITDA margin moderated from 9.01% in Q1FY27 to 7.65% in Q2FY27, primarily due to inventory valuation related losses. Segmental Highlights Aluminium Powders  The Aluminium Powders segment delivered strong revenue growth of 37% YoY in Q2FY27, supported by healthy demand and robust export performance, despite Q2 traditionally witnessing seasonal moderation in business activity due to the monsoon.  During the quarter, the Company successfully executed export orders at an unprecedented scale, with export momentum expected to strengthen further in H2FY27.  The Company remains optimistic about further margin improvement in H2FY27, supported by a higher contribution from exports, an optimised product mix and economies of scale. Its continued focus on higher value-added export products is expected to enhance realisations, improve profitability and support sustainable growth. Aluminium Foils  The Aluminium Foils segment delivered strong revenue growth of 47% YoY in Q2FY27, driven by sustained demand across both bare and printed foil categories. Despite challenging market conditions and pricing pressures, the Company maintained positive EBITDA margins, supported by its focus on operational efficiency and cost management.  The Company continues to make progress in its Lidding Foil initiative, with the manufacturing line ready and initial trials successfully completed. Product samples are currently undergoing evaluation and approval by leading dairy companies, including Dinshaw's and Amul.  With the Lidding Foil season commencing in January, the Company is well-positioned to capitalise on commercial opportunities, subject to customer approvals. Meanwhile, the MMP brand continues to strengthen its market presence, supported by its focus on product quality, reliability and customer service. MMP INDUSTRIES LIMITED | WWW.MMPIL.COM | Q2 & H1FY27 PRESS RELEASE | PAGE 2 OF 6 Press Release – Q2FY22 Aluminium Conductors and Cables  Sales in the Aluminium Conductors and Cables segment remained subdued during Q2FY27, primarily due to the monsoon-related slowdown in project execution. However, the Company expects a strong recovery in H2FY27, with revenue projected to grow by 40–50% compared to H1FY27.  The Company has received BIS certification for LT Cables, while approvals from MSEDCL, PWD, MahaMetro and other State Boards are at an advanced stage. Subject to these approvals, commercial sales are expected to gain momentum from Q4FY27. The phased product rollout is expected to facilitate customer acceptance, build market presence and provide valuable market insights ahead of the planned expansion of LVPC cable manufacturing capacity at MMP Cables Private Limited's Umred facility. Polymer Insulator - MMP ELECTRICALS PRIVATE LIMITED (MEPL), Wholly Owned Subsidiary  The Company has successfully developed its complete range of Distribution and Transmission Insulators up to 765 kV. The registration and approval process with major utilities and industry players, including PGCIL, GETCO, Sterlite, MPPTCL and KPTCL, is at an advanced stage, with factory inspections completed and product approvals expected shortly.  The Company is actively expanding its presence in international markets and has secured export orders from Latin America and South Asia, marking progress in its export market development efforts.  Transmission Insulators involve stringent testing and certification requirements, creating high entry barriers and a favourable demand-supply environment. Following PGCIL approval and empanelment with major private EPC players, the Company expects sustained order inflows, supporting long-term revenue growth and margin expansion. MMP Cables Private Limited [MCPL], Wholly Owned Subsidiary  Construction and machinery installation at the 18,000 MTPA Aluminium Wire Rod facility are at an advanced stage, with commercial production targeted for Q4FY27.  Once operational, the facility is expected to strengthen backward integration across the Company's Conductors, ABC and LT Cable businesses, reducing dependence on ex [Showing first 8,000 characters — download PDF for full document]