Mmp Industries Profile
Key Indicators
- Authorised Capital ₹ 26.00 Cr
- Paid Up Capital ₹ 25.40 Cr
- Company Age 51 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 156.13 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 four 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 2023. 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 ₹156.13 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 Sharad Khandelwal as CFO and Madhura Ubale as Company Secretary. Narasimham Tenneti, Ulka Kulkarni, Karan Varma, 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
26 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Mmp Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sharad Khandelwal  | CFO | 18-Aug-2017 | Current |
| Madhura Ubale | Company Secretary | 01-Jun-2023 | Current |
| Arun Bhandari | Managing Director | 05-Feb-1981 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ulka Kulkarni | Director | Current | |
| Sunil Khanna | Director | 07-May-2018 | Current |
| Sanjay Sacheti | Director | 01-Jun-2022 | Current |
| Narasimham Tenneti | Whole-Time Director | 02-Feb-2019 | Current |
| Karan Varma | Director | 06-Sep-2014 | Current |
| Mayank Bhandari | Director | 27-Oct-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Vertiv Energy Private LimitedSunil Khanna is a mutual person
Toyal Mmp India Private LimitedMayank Bhandari and Arun Bhandari are mutual person
Olam Agri India Private LimitedSanjay Sacheti is a mutual person
Olam Agri Business Services India Private LimitedSanjay Sacheti is a mutual person
Lagnam Spintex LimitedVijay Bapna is a mutual person
Radian Finserv Private LimitedSunil Khanna is a mutual person
Charges (Loans)
₹156.13 Cr
₹109.48 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 100.63 Cr
- Citi Bank N.A. : 37.00 Cr
- Others : 18.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Apr 2024 | Citi Bank N.A. | ₹12.00 Cr | Open |
| 12 Apr 2024 | Others | ₹18.50 Cr | Open |
| 25 Mar 2022 | Axis Bank Limited | ₹55.25 Cr | Open |
| 14 Aug 2020 | Citi Bank N.A. | ₹25.00 Cr | Open |
| 28 Mar 2014 | Axis Bank Limited | ₹0.68 M | Open |
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.
Deals i
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
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
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.
