MMTC

Which are the latest news on MMTC?

Why is MMTC Ltd falling/rising?

As of 05-Sep, MMTC Ltd's stock price is rising to Rs 64.18, up 3.05%. This increase is due to strong recent performance, including consecutive gains and positive quarterly results, despite underlying challenges.

As of 05-Sep, MMTC Ltd's stock price is rising, currently at Rs 64.18, reflecting a change of 1.9 (3.05%) upwards. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.89% today and has shown consecutive gains over the last two days, with a total return of 3.4% during this period. Additionally, the stock reached an intraday high of Rs 66.14, marking a 6.2% increase.<BR><BR>From a broader perspective, the stock has performed well compared to the benchmark Sensex over the past week and month, with returns of +1.74% and +0.80%, respectively, while the Sensex has declined by -0.97% and -2.44% in the same periods. Furthermore, the company has reported positive results for the last three consecutive quarters, with a significant growth in profit after tax (PAT) of 194.8% compared to the previous four-quarter average.<BR><BR>However, it is important to note that despite these positive indicators, the company faces challenges such as operating losses and a weak long-term fundamental strength, which could affect investor sentiment in the future. Nonetheless, the current momentum in the stock price is primarily driven by its recent performance and positive quarterly results.

Who are in the management team of MMTC?

The management team of MMTC includes Chairman & Managing Director Hardeep Singh, Directors Rajiv Ranjan Sinha (Personnel), Kapil Kumar Gupta (Finance), J Ravi Shanker (Marketing), and Company Secretary Ajay Kumar Mishra, along with several independent and non-official directors. This diverse team contributes a wide range of expertise to the company's governance.

The management team of MMTC includes the following key members:<BR><BR>1. **Hardeep Singh** - Chairman & Managing Director<BR>2. **Rajiv Ranjan Sinha** - Director (Personnel)<BR>3. **Kapil Kumar Gupta** - Director (Finance)<BR>4. **J Ravi Shanker** - Director (Marketing)<BR>5. **Ajay Kumar Mishra** - Company Secretary & Compliance Officer<BR><BR>Additionally, the board features several directors, including:<BR>- **Pradip Kumar Varma** - Non Official Director and Independent Director<BR>- **Vipul Bansal** - Nominee<BR>- **Swadhinta Krishna** - Independent Director<BR>- **S Meenakshi** - Independent Director<BR>- **Sriniwas Rao Maddi** - Non Official Director<BR>- **ARTI BHATNAGAR** - Nominee (Govt)<BR><BR>This diverse team brings a range of expertise to the company's operations and governance.

What does MMTC do?

MMTC Limited is a Mini-Ratna Public Sector Undertaking in India, primarily engaged in trading and distribution. As of June 2026, it reported net sales of 1 Cr and a net profit of 104 Cr, with a market cap of INR 9,324 Cr.

Overview:<BR>MMTC Limited is a Mini-Ratna Public Sector Undertaking engaged in trading and distribution, categorized as a small-cap company.<BR><BR>History:<BR>Incorporated on 26th September 1963, MMTC has maintained its status as a public sector undertaking under the Ministry of Commerce & Industry, Government of India. The latest reported quarter for sales and profit is June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 104 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 9,324 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 47.00<BR>- Industry P/E: 21<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.84<BR>- Return on Equity: 6.67%<BR>- Price to Book: 4.47<BR><BR>Contact Details:<BR>Address: Core - 1 Scope Complex, 7 Institutional Area Lodhi Rd New Delhi New Delhi : 110003 <BR>Tel: 91-011-24361889/24362200 <BR>Email: ganarayanan@mmtclimited.gov.in/mmtc <BR>Website: http://www.mmtclimited.com

Who are the peers of the MMTC?

MMTC's peers include Redington, MSTC, Ravindra Energy, Vintage Coffee, BN Agrochem, Elitecon Inter., Arisinfra Solu., Yamuna Syndicate, and S T C. Management risk varies from excellent at Redington to below average for several peers, with MSTC showing the highest 1-year return at 66.56% and MMTC at 2.52%.

Peers: The peers of MMTC are Redington, MSTC, Ravindra Energy, Vintage Coffee, BN Agrochem, Elitecon Inter., Arisinfra Solu., Yamuna Syndicate, and S T C.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC, MSTC, and Elitecon Inter. Below Average management risk is noted for Ravindra Energy, Vintage Coffee, BN Agrochem, Arisinfra Solu., Yamuna Syndicate, and S T C. Growth is Excellent for Vintage Coffee and BN Agrochem, Good for Redington, MSTC, and Ravindra Energy, while MMTC shows Below Average growth, and the rest have Below Average growth. Capital Structure is Excellent for MSTC and Elitecon Inter., Good for Redington and Yamuna Syndicate, while MMTC, Ravindra Energy, BN Agrochem, Arisinfra Solu., and S T C have Below Average capital structure, and the rest have Average capital structure.<BR><BR>Return Snapshot: MSTC has the highest 1-year return at 66.56%, while BN Agrochem has the lowest at -35.31%. MMTC's 1-year return of 2.52% is significantly lower than MSTC's but higher than BN Agrochem's. Additionally, Elitecon Inter. and BN Agrochem have negative six-month returns.

How big is MMTC?

As of 31st August, MMTC Ltd has a market capitalization of 9,324.00 Cr, with recent net sales of 2.73 Cr and a net profit of 447.36 Cr. The latest balance sheet shows shareholder's funds of 2,120.72 Cr and total assets of 2,795.87 Cr.

As of 31st August, MMTC Ltd has a market capitalization of 9,324.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, MMTC reported Net Sales of 2.73 Cr and a Net Profit of 447.36 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, showing Shareholder's Funds of 2,120.72 Cr and Total Assets of 2,795.87 Cr.

Should I buy, sell or hold MMTC Ltd?

Are MMTC Ltd latest results good or bad?

MMTC Ltd's latest results are concerning, as they reported a net profit of ₹126.04 crores primarily from non-operating income, while net sales plummeted to ₹0.61 crores, indicating a collapse in core operations. The company's heavy reliance on non-core income and negative operating profit margin suggest significant underlying issues despite the reported profit.

MMTC Ltd's latest results present a mixed picture, but overall, they reveal significant underlying issues. While the company reported a consolidated net profit of ₹126.04 crores for Q4 FY26, which is a remarkable increase of 172.40% quarter-on-quarter and an astonishing 5,552.02% year-on-year, this profit is largely driven by non-operating income rather than core business performance.<BR><BR>The net sales for the same quarter were only ₹0.61 crores, reflecting a staggering 99.998% decline from sales levels of ₹30,001 crores in FY21. This indicates a complete collapse of its core trading operations. Additionally, the operating profit margin, excluding other income, was severely negative at -18,604.92%, highlighting a catastrophic operational loss.<BR><BR>Despite the reported profit, the company's dependency on non-operating income raises serious concerns about its sustainability. The return on equity stands at a low 3.66%, which is below average for the sector. Furthermore, the stock has been underperforming, trading significantly below its yearly high, indicating market skepticism about its financial health.<BR><BR>In summary, while MMTC Ltd shows a profit on paper, the reality of its operational performance is troubling, and the results can be seen as more negative than positive due to the lack of meaningful trading activity and reliance on non-core income.

When is the next results date for MMTC Ltd?

The next results date for MMTC Ltd is 11 August 2026.

The next results date for MMTC Ltd is scheduled for 11 August 2026.

Is MMTC technically bullish or bearish?

As of November 24, 2025, MMTC's technical trend is mildly bearish, supported by bearish MACD and Bollinger Bands on weekly and monthly charts, despite some mixed signals from daily moving averages and KST indicators.

As of 24 November 2025, the technical trend for MMTC has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly and mildly bearish on the monthly time frames, while Bollinger Bands confirm a bearish outlook on both weekly and monthly charts. The Dow Theory also indicates a mildly bearish trend on both time frames. Although the daily moving averages show a mildly bullish signal, the overall sentiment remains bearish due to the prevailing trends in the longer time frames. The KST shows a bullish signal on the weekly but is bearish on the monthly, adding to the mixed signals. Overall, the bearish indicators outweigh the bullish ones, reinforcing the mildly bearish stance.

How has been the historical performance of MMTC?

MMTC has experienced significant financial decline, with net sales dropping from 30,001.47 crore in March 2021 to 2.69 crore in March 2025, and operating losses increasing, despite a slight recovery in profit after tax to 69.53 crore in March 2025. Total liabilities and assets have also decreased, while cash flow from operations remains negative.

Answer:<BR>The historical performance of MMTC shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>MMTC's net sales have dramatically decreased from 30,001.47 crore in March 2021 to just 2.69 crore in March 2025. This decline is mirrored in total operating income, which fell from 30,001.47 crore in March 2021 to 2.69 crore in March 2025. The company has faced substantial operating losses, with operating profit (PBDIT) excluding other income showing a loss of 138.66 crore in March 2025, compared to a profit of 441.14 crore in March 2022. Profit before tax also reflects this downward trend, decreasing from 1,276.16 crore in March 2023 to 97.20 crore in March 2025. Despite these losses, profit after tax showed a slight recovery, reaching 69.53 crore in March 2025, up from 68.21 crore in March 2024. The company's total liabilities have decreased from 6,179.41 crore in March 2020 to 3,321.03 crore in March 2025, while total assets have similarly declined from 6,179.41 crore to 3,321.03 crore over the same period. Cash flow from operating activities has been negative, with a cash outflow of 362 crore in March 2025, indicating ongoing operational challenges. Overall, MMTC's financial performance has shown a significant decline in sales and profitability, alongside a reduction in liabilities and assets over the years.

Is MMTC overvalued or undervalued?

As of October 29, 2021, MMTC is considered overvalued and risky, with a high PE ratio of 119.39, a negative EV to EBITDA ratio, and low ROE of 5.44%, indicating inefficiency compared to peers like PTC India, despite strong historical returns.

As of 29 October 2021, the valuation grade for MMTC has moved from very expensive to risky. Based on the analysis, MMTC appears to be overvalued. The company's PE ratio stands at an exceptionally high 119.39, while its EV to EBITDA ratio is -70.04, indicating significant concerns regarding profitability. Additionally, the ROE is relatively low at 5.44%, which further highlights the company's inefficiency in generating returns for shareholders.<BR><BR>In comparison to its peers, MMTC's valuation metrics are starkly higher; for instance, Elitecon International has a PE ratio of 131.08 and an EV to EBITDA of 132.27, while PTC India, which is classified as very attractive, has a PE ratio of just 9.02 and an EV to EBITDA of 4.14. This stark contrast suggests that MMTC is not only overvalued relative to its peers but also carries a higher risk profile. Notably, while MMTC has shown strong returns over the past five years at 338.06%, it has underperformed the Sensex in the last year, which may further reinforce concerns about its current valuation.

Who are the top shareholders of the MMTC?

The top shareholder of MMTC is the President of India, holding 89.93% of the shares. Other shareholders include the Life Insurance Corporation of India with 1.66%, individual investors at 7.43%, and various mutual funds and foreign institutional investors collectively holding a small percentage.

The top shareholders of MMTC include the President of India, who holds a significant 89.93% of the shares, making them the largest shareholder. Other notable shareholders include Life Insurance Corporation of India, which holds 1.66%, and individual investors collectively owning 7.43%. Additionally, there are 13 mutual fund schemes holding a total of 0.05% and 9 foreign institutional investors (FIIs) with a combined holding of 0.16%.

What is the bonus history of the MMTC?

MMTC has issued bonuses twice: a 1:2 bonus on May 3, 2018, and a 1:1 bonus on July 29, 2010, demonstrating its commitment to rewarding shareholders.

MMTC has a history of bonus issues that includes two notable instances. The most recent bonus was a 1:2 issue, which was announced with an ex-date of May 3, 2018, and the record date was May 4, 2018. Prior to that, MMTC issued a 1:1 bonus on July 30, 2010, with an ex-date of July 29, 2010. This reflects MMTC's approach to rewarding its shareholders through bonus shares over the years.

Has MMTC declared dividend?

Yes, MMTC Ltd. has declared a 30% dividend, amounting to 0.3 per share, with an ex-date of September 19, 2019. However, the current dividend yield is 0%, and total returns have varied significantly over different periods, showing substantial price appreciation over the long term.

MMTC Ltd. has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 0.3<BR>- Ex-date: 19 Sep 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -11.71%, with a dividend return of 0%, resulting in a total return of -11.71%.<BR><BR>For the 1-year period, the price return was 8.45%, the dividend return was 0%, leading to a total return of 8.45%.<BR><BR>Over the 2-year period, the price return was 142.9%, with a dividend return of 0%, which resulted in a total return of 142.9%.<BR><BR>In the 3-year period, the price return was 81.23%, the dividend return was 0%, culminating in a total return of 81.23%.<BR><BR>For the 4-year period, the price return was 25.86%, with a dividend return of 0%, resulting in a total return of 25.86%.<BR><BR>In the 5-year period, the price return was 362.12%, with a dividend return of 0%, leading to a total return of 362.12%.<BR><BR>Overall, while MMTC Ltd. declared a dividend in the past, the current dividend yield is 0%. The total returns over various periods indicate significant price appreciation, particularly over the longer term, despite the absence of recent dividends.