NSEPress Release10 Aug 2026 · 10 Aug 2026, 01:44 pm
Press Release
MMP Industries Limited · MMP
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MMP Industries Limited has announced its financial results for Q1 FY27, with revenue up 27% YoY, Adjusted PAT growing 82% YoY, and Reported PAT rising 353% YoY.
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Full Announcement
MMP Industries Limited has informed the Exchange regarding a press release dated August 10, 2026, titled "Financial Results for Q1 FY27".
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Monday, 10th August, 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 Audited Financial Results of the Company for the Quarter
and Year (Q-1)/FY26-27 ended 31st March, 2027.
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 and year (Q-1)/FY26-27 ended 31st
March, 2027.
Kindly disseminate the same on website.
Sincerely,
For MMP Industries Limited
Madhura Ubale
CS & Compliance Officer
Add: Nagpur
Press Release – Q1FY27
MMP Industries Limited
www.mmpil.com | NSE: MMP | ISIN: INE511Y01018
MMPIL Delivers Strong Growth Momentum in Q1FY27
Revenue Up 27% YoY, Adjusted PAT Grows 82%# & Reported PAT Rises 353% YoY*
Nagpur, India - 10 August 2026: MMP Industries Limited, a leading manufacturer of aluminium powders,
aluminium foils, aluminium conductors and Composite Insulators, announced its financial results for the first
quarter (Q1FY27) ended 30th June 2026.
Key Consolidated Financial Highlights
Particulars (₹ Mn) Q1FY27 Q4FY26 QoQ% Q1FY26 YoY%
Total Revenue 2,328 2,496 -7% 1,837 27%
EBITDA 210 215 -2% 131 60%
EBITDA Margin (%) 9.0% 8.6% 39 bps 7.14% 187 bps
PAT 137 180 -24%* -54 353%*
PAT Margin (%)* 5.9% 7.2% -132 bps -2.9% 883 bps
*PAT increased by 353% YoY, primarily due to the exceptional loss recorded in Q1 FY26. On a QoQ basis, PAT declined by 24%, as Q4FY26
included an exceptional credit relating to insurance claim receivables and salvage realization.
#Underlying Adjusted PAT growth is calculated after excluding the post-tax impact of the exceptional item recorded in Q1FY26.
Consolidated Q1FY27 Highlights
Total Revenue at ₹2,328 Mn compared to ₹1,837 Mn in Q1FY26, an increase of 27%
EBITDA stood at ₹210 Mn compared to ₹131 Mn during Q1FY26, an increase of 60%
EBITDA Margin at 9.0% compared to 7.14% in Q1FY26, an increase of 187 bps
Reported PAT stood at ₹137 Mn compared to ₹ (54) Mn in Q1FY26, an increase of 353%*
Business Segment Performance
Particulars (₹ Mn) Q1FY27 Q4FY26 QoQ% Q1FY26 YoY%
Aluminium Powders 1,538 1,548 -1% 1,062 45%
Aluminium Foils 605 651 -7% 470 29%
Aluminium Conductors 171 276 -38% 294 -42%
Polymer Insulator 5 13 -62% 0.4 1087%
Others 9 8 9% 10 -13%
Revenue
Aluminium Powders revenue at ₹1,538 Mn for Q1FY27 compared to ₹1,062 Mn for Q1FY26, an increase
of 45%
Aluminium Foils revenue at ₹605 Mn for Q1FY27 compared to ₹470 Mn for Q1FY26, an increase of 29%
Aluminium Conductors revenue at ₹171 Mn for Q1FY27 compared to ₹294 Mn for Q1FY26, a decrease
of 42%
Polymer Insulator revenue at ₹ 5 Mn for Q1FY27 compared to₹0.4 Mn, an increase of 1087% (new
business)
MMP INDUSTRIES LIMITED | WWW.MMPIL.COM | Q1FY27 PRESS RELEASE | PAGE 1 OF 8
Press Release – Q2FY22
Management Commentary
The Company delivered a resilient performance during Q1FY27, recording 27% YoY growth in revenue,
supported by strong growth in the Powder and Foil segments and improved export performance. This
growth was achieved despite delays in export shipments and volatility in aluminium prices amid the
prevailing geopolitical uncertainties.
Consolidated EBITDA stood at ₹210 Mn in Q1FY27, compared with ₹131 Mn in Q1FY26, registering a 60%
YoY increase. The performance was achieved despite an EBITDA loss of ₹13.7 Mn incurred by the newly
incorporated subsidiaries during their ramp-up phase, as well as the adverse impact of geopolitical
uncertainties and volatile metal prices.
Consolidated reported PAT stood at ₹137 Mn in Q1FY27, compared with a loss of ₹54 Mn in Q1FY26,
representing a 353% YoY increase, primarily on account of the exceptional loss recorded in Q1FY26.
Excluding the impact of the exceptional loss in Q1FY26, PAT would have stood at ₹75.2 Mn in Q1FY26,
compared with ₹137 Mn in Q1FY27, representing an underlying PAT growth of 82% YoY. The improvement
in adjusted PAT was driven by better sales realisation and improved operational efficiencies across the
Powder and Foil segments.
Despite continued volatility in aluminium prices and inflationary pressures on key input materials,
compounded by geopolitical uncertainties during Q1FY27, the Company demonstrated strong operational
resilience, disciplined execution and improved profitability, reinforcing the strength of its core business
operations.
Guidance
Historically, Q2 has been a seasonally softer quarter due to the monsoon, and similar seasonality is expected
in Q2FY27. Despite this, the Company is hopeful to achieve revenue growth of 15–18% in FY27. Blended
EBITDA margins are also expected to improve, subject to stable metal prices and a supportive global
macroeconomic environment.
Segmental Highlights
Aluminium Powders
Looking ahead to H2FY27, the Company is witnessing strong export enquiries from West and Central Asia,
Europe, and the United States. Based on the current enquiry pipeline and ongoing customer
engagements, exports are expected to increase by approximately 40–50% in FY27, with export markets
offering comparatively higher margins than the domestic market. As these enquiries convert into
confirmed orders, the Company expects exports to contribute meaningfully to revenue growth and
margin expansion over the medium to long term.
Domestic demand continues to remain strong across key end-use applications, including explosives, AAC
blocks, and pesticides, providing healthy demand visibility for the Aluminium Powder business.
MMP INDUSTRIES LIMITED | WWW.MMPIL.COM | Q1FY27 PRESS RELEASE | PAGE 2 OF 8
Press Release – Q2FY22
Aluminium Foils
The Aluminium Foils segment delivered a strong performance in Q1FY27, with revenue growing 29% YoY,
driven by improved realisations. EBITDA margins improved, supported by higher capacity utilisation
across the Conversion and Printing sections, improved operational efficiencies, and better pricing.
Capacity utilisation in the value-added Printed Foil segment increased significantly, supported by strong
customer acceptance from both existing and new customers. The Company expects further improvement
in EBITDA margins, driven by a favourable product mix, higher capacity utilisation, and operating leverage.
Development of Lidding Foil is progressing as planned, with trial production expected by the end of
Q2/beginning of Q3FY27 and commercial launch targeted during Q3FY27. The Company is evaluating
supply opportunities with leading dairy and food companies across India, including Amul, Mother Dairy,
Dinshaw's, Milky Mist, Paras Dairy, and Hatsun, among others. This value-added product is expected to
further strengthen the Company's product portfolio while contributing meaningfully to margin expansion
and profitability.
To support the ramp-up of the Lidding Foil business and other value-added initiatives, the Company is
strengthening its technical and operational capabilities through strategic hiring planned during August–
September 2026.
Aluminium Conductors and Cables
Elevated aluminium prices continued to impact buying sentiment and project execution during the
quarter.
Demand for Aerial Bunched Cables (ABC) remained subdued due to slower execution of government
infrastructure projects, while bare conductor offtake continued to be affected by elevated aluminium
prices.
Delayed payments by various State Utilities continue to constrain the cash flows of private EPC
contractors, leading to slower project execution. The Company expects this situation to persist during
Q2FY27.
As communicated in the previous press release dated 7 July 2026, trial production of LT Power Cables has
commenced at the Bhandara facility, with nine product sizes currently under development. Samples for
BIS certification are expected to be submitted by mid-August 2026, with approvals anticipated within 4–
6 weeks.
The Company has initiated market development
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