Mmp Industries Limited

Founded in 1973 and headquartered in Maharashtra, India.

1973 | Nagpur, Maharashtra (India) | Active
Last Updated:

Mmp Industries Profile

Key Indicators

  • Authorised Capital ₹ 26.00 Cr
  • Paid Up Capital ₹ 25.40 Cr
  • Company Age 51 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 218.30 Cr
  • Satisfied Charges ₹ 109.48 Cr
  • Revenue Growth 20.09%
  • Profit Growth -24.13%
  • Ebitda -15.91%
  • Net Worth 7.27%
  • Total Assets 6.19%

About Mmp Industries

Mmp Industries Limited (MIL) was founded in India on 08 October 1973 and has a glorious history of 51 years and five months. Its registered office is in Nagpur, Maharashtra, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol MMP.

The Corporate was formerly known as Maharashtra Metal Powders Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 26.00 Cr and a paid-up capital of Rs 25.40 Cr.

The company currently has active open charges totaling ₹218.30 Cr. The company has closed loans amounting to ₹109.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mmp Industries Limited India are Madhura Ubale as COMPANY SECRETARY and Sharad Khandelwal as Cfo. Arun Bhandari, Lalit Bhandari, Sanjay Sacheti, and Six other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L32300MH1973PLC030813

  • Company No.

    030813

  • Stock Symbol

    NSE : MMP

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Oct 1973

  • Date of AGM

    28 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at Mmp Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Arun Bhandari Country flag representing In Managing Director05-Feb-1981Current
Madhura Ubale Company Secretary01-Jun-2023Current
Sharad Khandelwal Country flag representing In CFO18-Aug-2017Current

Board Members (8)

NameDesignationAppointment DateStatus
Ulka Kulkarni Country flag representing In Director 06-Nov-2023Current
Sunil Khanna Country flag representing In Director 07-May-2018Current
Sanjay Sacheti Country flag representing In Director 01-Jun-2022Current
Lalit Bhandari Country flag representing In Whole-Time Director 01-Aug-2008Current
Mayank Bhandari Country flag representing In Director 27-Oct-2021Current
Vijay Bapna Country flag representing In Director 07-May-2018Current

Financial Performance of Mmp Industries.

Mmp Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.09% increase. The company also saw a substantial fall in profitability, with a 24.13% decrease in profit. The company's net worth moved up by a moderate rise of 7.27%.

Mmp Industries revenue growth over time
Mmp Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
20.09%
Revenue from Operations
20.08%
Total Assets
6.19%
Profit or Loss
-24.13%
Net Worth
7.27%
EBITDA
-15.91%

What is the Ownership and Shareholding Structure of Mmp Industries?

In 2023, Mmp Industries had a promoter holding of 74.48% and a public holding of 25.52%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹218.30 Cr

Satisfied Charges

₹109.48 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 162.80 Cr
  • Citi Bank N.A. : 37.00 Cr
  • Others : 18.50 Cr

Latest Charge Details

DateLenderAmountStatus
10 Oct 2024Axis Bank Limited₹20.00 CrOpen
29 Apr 2024Citi Bank N.A.₹12.00 CrOpen
12 Apr 2024Others₹18.50 CrOpen
25 Mar 2022Axis Bank Limited₹55.25 CrOpen
14 Aug 2020Citi Bank N.A.₹25.00 CrOpen

How Many Employees Work at Mmp Industries?

Mmp Industries has a workforce of 436 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mmp Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mmp Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mmp Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mmp Industries

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100992281 was registered on 10 Oct 2024.

  • Annual General Meeting

    Mmp Industries Limited last Annual general meeting of members was held on 28 Aug 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 18.50 Cr registered on 12 Apr 2024 with Charge ID 100909524 was modified on 26 Aug 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 87.42 Cr registered on 27 Sep 2013 with Charge ID 10452843 was modified on 26 Aug 2024.

  • Charges

    A charge registered on 04 Aug 2014 via Charge ID 10517781 with Others was fully satisfied on 04 Jun 2024.

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 12.00 Cr with Charge ID 100922343 was registered on 29 Apr 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Mmp Industries Limited?

    Mmp Industries Limited was incorporated on 08 Oct 1973.

  • What is authorized share capital and paid-up capital of Mmp Industries Limited?

    The authorized share capital of Mmp Industries Limited is ₹ 26.00 Cr and paid-up capital is ₹ 25.40 Cr.

  • Who are the current board members & directors of Mmp Industries Limited?

    Currently 11 directors are associated with Mmp Industries Limited.

    • Arun Raghuvirraj Bhandari
    • Lalit Bhandari
    • Sanjay Sacheti
    • Sunil Khanna
    • Mayank Arun Bhandari
    • Vijay Singh Bapna
    • Karan Varma
    • Ulka Krishna Kulkarni
    • Narasimham Murthy Tenneti
    • Madhura K Ubale
    • Sharad Mohanlal Khandelwal

  • What is the registered address of Mmp Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mmp Industries Limited is 211 Shrimohini 345, Kingsway India, Nagpur, Maharashtra, 440001.

  • What is the corporate identification number (CIN) and company number of Mmp Industries Limited?

    The corporate identification number (CIN) of Mmp Industries Limited is L32300MH1973PLC030813 and the company number is 030813 as per Ministry of Corporate Affairs (MCA).

  • Is Mmp Industries Limited registered with any stock exchange in India?

    Yes, Mmp Industries Limited is registered on National Stock Exchange (NSE).

  • What is the official website of Mmp Industries Limited?

    The Official website of Mmp Industries Limited is https://www.mmpil.com

  • What has been the recent revenue trend for Mmp Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mmp Industries Limited has risen by 20.09%.

  • How many employees does Mmp Industries Limited currently have?

    As Per 2023 financial reports, 436 employees are currently employed by Mmp Industries Limited.

  • What change has been observed in the net worth of Mmp Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mmp Industries Limited has experienced an upsurge of 7.27%.

  • What are the total open charges for Mmp Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mmp Industries Limited amount to ₹ 218.30 Cr.

  • When was the last Balance Sheet of Mmp Industries Limited filed with the ROC?

    The most recent Balance Sheet for Mmp Industries Limited was filed with the ROC on 31 Mar 2024.

People also Viewed