Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended September 30, 2026 (Q2 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 & 33 of SEBI LODR
Audit Opinion:
Clean/Unmodified - The statutory auditors, MANISH N JAIN & CO. CHARTERED ACCOUNTANTS, issued an unmodified review report on both standalone and consolidated unaudited financial results.
Key Financial Highlights [₹ in Lakhs]:
Standalone Results:
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹25,206.81 (vs ₹18,725.09 in Q2 FY25 - 34.6% increase)
- Total Income: ₹25,223.07 (vs ₹18,779.43 in Q2 FY25)
- Net Profit: ₹1,067.82 (vs ₹602.68 in Q2 FY25 - 77.2% increase)
- EPS: ₹4.20 (vs ₹2.37 in Q2 FY25)
Six Months Ended September 30, 2026:
- Revenue from Operations: ₹48,417.53
- Total Income: ₹48,451.69
- Net Profit: ₹2,275.81
- EPS: ₹8.96
Financial Position (Standalone as of September 30, 2026):
- Cash and Cash Equivalents: ₹11.84
- Other Equity: ₹29,617.27
- Debt: Short-term ₹15,006.26 + Long-term ₹3,043.23 = Total ₹18,049.49
Consolidated Results:
Quarter Ended September 30, 2026:
- Revenue from Operations: ₹25,268.10 (vs ₹18,768.05 in Q2 FY25 - 34.6% increase)
- Total Income: ₹25,290.58 (vs ₹18,822.39 in Q2 FY25)
- Net Profit attributable to shareholders: ₹1,210.55 (vs ₹700.83 in Q2 FY25 - 72.7% increase)
- EPS: ₹4.77 (vs ₹2.76 in Q2 FY25)
Six Months Ended September 30, 2026:
- Revenue from Operations: ₹48,527.95
- Total Income: ₹48,568.33
- Net Profit attributable to shareholders: ₹2,580.50
- EPS: ₹10.16
Financial Position (Consolidated as of September 30, 2026):
- Cash and Cash Equivalents: ₹59.12
- Other Equity: ₹34,910.48
- Total Assets: ₹73,455.42
Segment-wise Performance [₹ in Lakhs]:
Quarter Ended September 30, 2026 Segment Revenue:
- Aluminium Powder and Paste: ₹16,104.61
- Aluminium Foils: ₹7,478.87
- Aluminium Conductors: ₹1,559.63
- Insulators: ₹61.18
- Others: ₹80.11
- Other Unallocated: ₹6.18
Quarter Ended September 30, 2026 Segment Results:
- Aluminium Powder and Paste: ₹1,798.90
- Aluminium Foils: ₹284.01
- Aluminium Conductors: ₹17.05
- Insulators: (₹160.05) loss
- Others: ₹33.28
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced.
Other Significant Information:
- The unaudited financial results for the quarter and half year ended September 30, 2026, are not comparable with the corresponding previous period due to a fire incident that occurred at the Company's factory premises on April 11, 2025
- The fire incident resulted in significant disruption of manufacturing operations, adversely impacting production capacity and overall financial performance during the corresponding previous period
- The group has three wholly owned subsidiaries: MMP Electricals Private Limited, MMP Cables Private Limited, and MMP Alutech Private Limited
- The group has two associate companies: Star Circlips and Engineering Limited (26.06%) and Toyal MMP India Private Limited (26.00%)
- Subsidiaries contributed total revenue of ₹67.50 lakhs for the quarter and ₹116.63 lakhs for six months, with net loss of ₹(128.29) lakhs and ₹(251.50) lakhs respectively
- Associates contributed share of profit of ₹271.02 lakhs for the quarter and ₹556.19 lakhs for six months