MMTC

Why is MMTC Ltd falling/rising?

As of 04-Aug, MMTC Ltd's stock price is slightly rising at 63.67, but it has underperformed its sector today and faces significant financial challenges, including negative EBITDA and a poor EBIT to Interest ratio. Despite a recent uptick and increased investor participation, the stock's long-term outlook remains risky.

As of 04-Aug, MMTC Ltd's stock price is experiencing a slight rise, currently at 63.67, with a change of 0.05 (0.08%) upward. This increase follows a trend where the stock has outperformed the benchmark Sensex over the past week, gaining 5.14% compared to the Sensex's 2.17%. However, it is important to note that the stock has underperformed its sector today by 1.14% and has shown a trend reversal after two consecutive days of gains.<BR><BR>Despite the recent uptick, the stock has faced challenges, including a negative EBITDA of Rs. -181.65 cr and operating losses, indicating weak long-term fundamental strength. The company's ability to service its debt is also concerning, with a poor EBIT to Interest ratio of -75.82. Furthermore, while the stock has generated a return of -2.93% over the past year, its profits have increased by 52.7%, suggesting that the stock is trading at a risky valuation compared to its historical averages.<BR><BR>Investor participation has risen, with a delivery volume of 7.61 lacs on 03 Aug, which is 2.61% higher than the 5-day average. This could indicate some positive sentiment among investors despite the underlying financial issues. Overall, while there is a slight rise in the stock price, the broader context reveals significant risks and challenges that could affect its future performance.

Which are the latest news on MMTC?

Should I buy, sell or hold MMTC Ltd?

What does MMTC do?

MMTC Ltd is a Mini-Ratna Public Sector Undertaking in India, primarily engaged in trading and distribution. As of March 2026, it reported net sales of 1 Cr and a net profit of 126 Cr, with a market cap of INR 9,879 Cr.

Overview:<BR>MMTC Ltd 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 quarterly results show net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 126 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 9,879 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 69.00<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: 4.73<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

How big is MMTC?

As of 10th June, MMTC Ltd has a market capitalization of 9,879.00 Cr, classifying it as a Small Cap company, with recent net sales of 3.41 Cr and net profit of 387.38 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: MMTC Ltd has a market capitalization of 9,879.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 3.41 Cr, while the sum of Net Profit for the same period is 387.38 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 1,702.19 Cr, and Total Assets are valued at 3,321.03 Cr.

Who are in the management team of MMTC?

The management team of MMTC includes key members such as Hardeep Singh (Chairman & Managing Director), Rajiv Ranjan Sinha (Director Personnel), and Kapil Kumar Gupta (Director Finance), among others, who oversee the company's operations and strategic direction.

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>6. Pradip Kumar Varma - Non Official Director<BR>7. Vipul Bansal - Nominee<BR>8. ARTI BHATNAGAR - Nominee (Government)<BR>9. Swadhinta Krishna - Independent Director<BR>10. Pradip Kumar Varma - Independent Director<BR>11. S Meenakshi - Independent Director<BR>12. Sriniwas Rao Maddi - Non Official Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the MMTC?

MMTC's peers include Redington, Elitecon International, MSTC, BN Agrochem, Ravindra Energy, Vintage Coffee, Arisinfra Solutions, Yamuna Syndicate, and SMT Engineering. Management risk varies from excellent at Redington to below average at several peers, with SMT Engineering showing the highest 1-year return at 2690.54% and MMTC at -12.46%.

Peers: The peers of MMTC are Redington, Elitecon Inter., MSTC, BN Agrochem, Ravindra Energy, Vintage Coffee, Arisinfra Solu., Yamuna Syndicate, and SMT Engineering.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC, Elitecon Inter., MSTC, and Arisinfra Solu., and the rest have Below Average management risk. Growth is Excellent at Elitecon Inter. and Vintage Coffee, Good at Redington and Ravindra Energy, Average at MSTC, and Below Average at MMTC, BN Agrochem, Yamuna Syndicate, and the rest. Capital Structure is Excellent at MSTC and Elitecon Inter., Good at Redington and Yamuna Syndicate, and Below Average at MMTC, BN Agrochem, Ravindra Energy, Vintage Coffee, Arisinfra Solu., SMT Engineering, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SMT Engineering at 2690.54%, while the lowest is Elitecon Inter. at -42.02%, with MMTC's own 1-year return at -12.46% being higher than Elitecon Inter.'s but lower than SMT Engineering's. Additionally, BN Agrochem, Ravindra Energy, Yamuna Syndicate, and Arisinfra Solu. all have negative six-month returns.

When is the next results date for MMTC Ltd?

The next results date for MMTC Ltd is 29 May 2026.

The next results date for MMTC Ltd is scheduled for 29 May 2026.

Are MMTC Ltd latest results good or bad?

MMTC Ltd's latest results are concerning, with a 69.09% drop in net sales and significant operating losses, despite a misleading year-on-year profit increase driven largely by non-operating income. This indicates the company is facing serious operational challenges.

MMTC Ltd's latest results indicate significant challenges for the company. In the third quarter of FY26, net sales dropped dramatically by 69.09% quarter-on-quarter, falling to just ₹0.34 crores. This decline highlights a troubling trend, as the company is struggling to generate revenue from its core trading operations. <BR><BR>While the consolidated net profit showed a year-on-year increase of 1,164.21% to ₹46.27 crores, this figure is misleading because it heavily relies on other income, which accounted for 74.19% of profit before tax. The operating losses (excluding other income) widened to ₹23.01 crores, reflecting a negative operating margin of -6,767.65%. <BR><BR>Overall, MMTC's financial performance paints a picture of a company in operational distress, with a significant disconnect between its reported profits and actual trading activities. The reliance on non-operating income raises concerns about the sustainability of its earnings, making the latest results appear quite poor overall.

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.