MMTC

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 does MMTC do?

MMTC Ltd. is a Mini-Ratna Public Sector Undertaking in India, primarily engaged in trading and distribution. As of March 2025, it reported net sales of 0 Cr and a net profit of 2 Cr, with a market cap of Rs 11,027 Cr.

Overview:<BR>MMTC Ltd. is a Mini-Ratna Public Sector Undertaking engaged in trading and distribution, classified as a mid-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 quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 11,027 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 123.00 <BR>Industry P/E: 30 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.79 <BR>Return on Equity: 5.44% <BR>Price to Book: 6.71 <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

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.

Who are the peers of the MMTC?

MMTC's peers include Redington, MSTC, Ravindra Energy, Polo Queen Ind., BN Holdings, Vintage Coffee, Oswal Agro Mills, and Yamuna Syndicate. Redington shows excellent management and growth, while MMTC has average management risk and below-average growth, with a 1-year return of 6.42%.

Peers: The peers of MMTC are Redington, MSTC, Ravindra Energy, Polo Queen Ind., BN Holdings, Vintage Coffee, Oswal Agro Mills, and Yamuna Syndicate.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC and MSTC. Below Average management risk is present at Ravindra Energy, Polo Queen Ind., BN Holdings, Vintage Coffee, Oswal Agro Mills, and Yamuna Syndicate. Growth is Excellent at Redington and Vintage Coffee, Good at Polo Queen Ind., while MMTC and MSTC show Below Average growth, along with Ravindra Energy, BN Holdings, and Yamuna Syndicate. Capital Structure is Excellent at MSTC and Oswal Agro Mills, Good at Redington, and Below Average at MMTC, Ravindra Energy, Polo Queen Ind., BN Holdings, Vintage Coffee, and Yamuna Syndicate.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ravindra Energy at 142.31%, while MSTC has the lowest at -39.93%. MMTC's own 1-year return is 6.42%, which is higher than MSTC's but lower than Ravindra Energy's. Additionally, MSTC, Polo Queen Ind., BN Holdings, and Vintage Coffee have negative six-month returns.

Who are in the management team of MMTC?

As of March 2022, the management team of MMTC includes Hardeep Singh (Chairman & Managing Director), Rajiv Ranjan Sinha (Director Personnel), Kapil Kumar Gupta (Director Finance), J Ravi Shanker (Director Marketing), and several other directors and nominees, totaling a diverse group responsible for various functions within the company.

As of March 2022, the management team of MMTC includes the following individuals:<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 comprises a mix of directors with various responsibilities, including finance, marketing, and personnel management.

How big is MMTC?

As of 24th July, MMTC Ltd has a market capitalization of 10,409.00 Cr, with net sales of 2.69 Cr and a net profit of 86.63 Cr reported in the latest four quarters. Shareholder's funds are 1,625.68 Cr and total assets amount to 3,525.08 Cr as of March 2024.

As of 24th July, MMTC Ltd has a market capitalization of 10,409.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, MMTC reported net sales of 2.69 Cr and a net profit of 86.63 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with shareholder's funds amounting to 1,625.68 Cr and total assets of 3,525.08 Cr.

When is the next results date for MMTC?

The next results date for MMTC is 07 August 2025.

The next results date for MMTC is scheduled for 07 August 2025.

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 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.

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.

Should I buy, sell or hold MMTC Ltd?

Why is MMTC Ltd falling/rising?

As of 16-Mar, MMTC Ltd's stock price is falling, currently at 52.51, reflecting a change of -0.72 (-1.35%). The stock has been underperforming significantly, with a total drop of -5.53% over the last two days and a decline of -17.06% over the past month, driven by weak financial fundamentals and negative market sentiment.

As of 16-Mar, MMTC Ltd's stock price is falling, currently at 52.51, reflecting a change of -0.72 (-1.35%). The stock has been underperforming significantly, with a consecutive decline over the last two days, resulting in a total drop of -5.53% during this period. Additionally, the stock has shown a negative performance over the past week, down -3.92%, and a substantial decline of -17.06% over the past month, compared to a -9.34% drop in the benchmark Sensex.<BR><BR>The stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Despite a rise in investor participation, with a delivery volume increase of 22.24% on March 13, the overall sentiment remains negative due to the company's weak long-term fundamentals. The company has reported operating losses and a poor EBIT to Interest ratio of -37.31, suggesting difficulties in servicing its debt. Furthermore, while the stock generated a return of 4.21% over the past year, profits have decreased by -28.9%, contributing to the stock's decline.<BR><BR>Overall, the combination of consecutive price falls, underperformance relative to the sector, and weak financial indicators are driving the stock price of MMTC Ltd lower.

Which are the latest news on MMTC?