(i) Arun Bhandari, aged 62 years, is the Promoter, Chairman and Managing Director of our Company. He holds a Bachelor’s degree in Technology in Chemical Engineering from the Banaras Hindu University, Banaras, India. He has experience of about 36 years in the manufacture of pyro technique aluminium powder, paste and conductors and also manufacturing of circlips, retaining rings and other carbon steel stampings and formed components. He has been on our Board since February 5, 1981. (ii) Lalit Bhandari, aged 61years, is a Whole-time Director of our Company. He is an under graduate. He has been associated with our group of companies since 1981 and has worked at various positions and has experience of about 35years in the aluminium powder and paste business. He has been on our Board since August 1, 2008.

The Company has following Joint Ventures: (i)Star Circlips & Engineering Limited Star Circlips & Engineering Limited (“SCEL”)was incorporated on March 21, 1974 under the Companies Act, 1956.  SCEL is engaged in the business to buy, sell, manufacture, produce, crush and deal in metal powders like aluminium, zinc, copper, iron, brass, ferro-manganese, ferro-silicon and other ferro alloys and metal scraps, sheet metal components, circlips, washers, rings, zinc plating for automotive and other industries. (ii) Mayank Fasteners Private Limited Mayank Fasteners Private Limited(―MFPL)was incorporated on December 2, 1987 as a private limited company under the Companies Act, 1956. MFPL is engaged in the business of developing and dealing in properties and to purchase, acquire, lease, exchange, hire, dispose of any land, building, house, hereditaments undertakings business concerns, mortgages, rights, any estate and interest therein and to deal in all types of movable and immovable properties. (iii) Toyal MMP India Private Limited Toyal MMP India Private Limited (―Toyal MMP) was incorporated on May 24, 2016 as a private limited company under the Companies Act, 2013. Toyal MMP is joint venture between Toyo Aluminium K. K., Japan and our Company. Toyal MMP is engaged in the business of manufacturing or production of aluminium paste in India for sale in the territory and other countries as maybe decided by the board of directors of Toyal MMP in accordance with the global marketing and sales strategy of Toyal group and the business of importing and selling aluminium paste/flake, other surface treated aluminium paste/flake, aluminium powder, aluminium alloy powder, aluminium nitride, stainless flake, glass flake, pigments, inks and resin compound in India. (iv) Rohini Horticulture Private Limited Rohini Horticulture Private Limited (―RHPL) was incorporated on December 12, 1994 as a private limited company under the Companies Act, 1956. RHPL is engaged in the business of growers, farmers, harvesters, proprietor, agents, processors, sellers, buyers, extractors, cultivators, distillators, importers, exporters and dealers of agricultural, horticultural, and floricultural products and any other articles produced from land. (v) Star Autoplast Private Limited Star Autoplast Private Limited (―SAPL) was incorporated on May 11, 2007 as a private limited company under the Companies Act, 1956. SAPL is engaged in the business of manufacturing, selling, exporting, testing, trading in all kinds of injection moulded plastics, blow moulded plastics, rubber and rubber products for plastic assembly, automobile and engineering and consumer application and business of assembling plastic products with metal insert, rubber insert.  

1. Balance Sheet Snippet[ Financials as on Sept 2017]
(i) Shareholders’ Fund[Equity] Value	5888.04 lakh
(ii) Asset	12202.14 lakh
(iii) Liability	6314.1 lakh
(iv) Debt/Equity	1.07(moderate)
(v)  Net Worth(Asset- Liability)	5888.04 lakh
(vi)  RONW(PAT/Net Worth)	13%
(vii) P/B	3.96

2. Consolidated Profit n Loss Snippet (i) The Revenue of the company in last 2 years is growing at CAGR of 8%. (ii) The consolidated profit of the company considering all group entities. FY16: 8.88 cr, FY17:16.56cr, and FY18 :8.06cr( First six month). (iii) Margins(PBT/Reveune): 6 to 9% in last 2 years. iv) Annualized EPS(post issue)=  9.52[Excellent]. (v)  Annualized P/E(post issue)=20[reasonably priced] at the cutoff price of 188

MMP Industries Limited 211, Shrimohini 345, Kingsway, Nagpur 440 001 Phone: +91 712 252 4645/ 253 358 Fax: +91 712 253 0461 Email: companysecretary@mmpil.com Website: www.mmpil.com