MMP Industries posts 64% jump in Q4 FY26 net profit, announces maiden dividend

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MMP Industries Limited has reported a strong performance for the fourth quarter of FY26, recording growth in revenue, operating profit and net earnings on both a quarterly and yearly basis. The company, which manufactures aluminium powder, aluminium pastes and atomised powders for industries including construction, infrastructure, defence and industrial manufacturing, also announced a maiden final 

MMP Industries currently has a market capitalisation of around INR 70.6 million (USD 82.4 million), while its stock was trading near INR 279 (USD 3.26) per share.

During Q4 FY26, revenue from operations rose around 23 per cent quarter-on-quarter to INR 2.5 billion (USD 29.2 million), compared with INR 2.03 billion (USD 23.7 million) in Q3 FY26.

On a yearly basis, revenue increased nearly 12 per cent from INR 2.23 billion (USD 26 million) reported in Q4 FY25. The company said the growth was supported by healthy industrial demand and improved execution across business segments.

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Operating profit stood at INR 220 million (USD 2.57 million) during the quarter, up around 22 per cent both sequentially and year-on-year. Operating margins improved to 9 per cent in Q4 FY26 from 8 per cent a year earlier, supported by better cost management and operational efficiency.

Profit before tax climbed sharply to INR 250 million (USD 2.92 million) in Q4 FY26, compared with INR 140 million (USD 1.63 million) in both Q3 FY26 and Q4 FY25.

Net profit for the quarter increased around 64 per cent to INR 180 million (USD 2.1 million), compared with INR 110 million (USD 1.28 million) reported in both the previous quarter and the corresponding period last year.

Alongside the results, the company’s board recommended a maiden final dividend of INR 2 (USD 0.023) per equity share with a face value of INR 10 each, representing a 20 per cent dividend payout for FY26. The dividend remains subject to shareholder approval at the upcoming annual general meeting.

The company operates in India’s broader metals and industrial materials sector, which continues to benefit from infrastructure spending, renewable energy expansion and manufacturing demand. India’s position as one of the world’s largest aluminium producers is also expected to support long-term opportunities for downstream metal processing and alloy manufacturing companies.

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