MoneyWorks4Me

MMTC Ltd (MMTC)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513377 NSE: MMTC Trading | Small Cap | MMTC Share Price

₹62.22 -0.50 (-0.80%)

As on 10-Sep'26 16:59

MMTC Ltd (MMTC)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513377 NSE: MMTC Trading | Small Cap | MMTC Share Price

₹62.22 -0.50 (-0.80%)

As on 10-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹9,408 Cr.
Current Price
₹62.2
52-Week Low / High
₹51 / 78
TTM EPS
₹3
TTM Sales
₹2.7 Cr.
Book Value per Share
₹14.8
P/E Ratio
21.03
Lower than its 5-year historical median
Industry PE
40.4
Price to Book (P/B)
4.25
Lower than its 5-year historical median
Price to Sales (P/S)
3446.15
Higher than its 5-year historical median
EV/EBITDA
103.43
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
20.27%
Outperforms industry median
Return on Capital Employed (ROCE)
33.46%
Outperforms industry median
Return on Assets (ROA)
12.67%
Operating Profit Margin
-5,320.2%
Net Profit Margin
11360.12%
Gross Profit Margin
-154.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
26.77%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
347.17%
Asset Quality
Promoter Holding
89.93%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹2,064 Cr.
Equity
₹150 Cr.
Face Value
₹1
All Time Low / High
₹0.33 / 1897.72

MMTC stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Semi Strong
Q.1 Is MMTC Ltd a good quality company?
MMTC Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does MMTC Ltd performance compare with that of its Peers?
Q.1 Revenue growth of MMTC Ltd vs industry peers?
MMTC Ltd revenue CAGR is -83.32%, compared to the industry median CAGR of 0.9%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of MMTC Ltd?
Promoters hold 89.93% of the MMTC Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of MMTC Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 7.4% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
MMTC Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 5.9%4%8.5%-2.3%-23.2%12.4%68.7%5.8%7%29.4%-
Value Creation
Index
-0.6-0.7-0.4-1.2-2.7-0.13.9-0.6-0.51.2-

Growth Parameters

Sales 11,70816,45128,97924,13526,3828,3932735.32.73.43
Sales YoY Gr.-40.5%76.2%-16.7%9.3%-68.2%-96.8%-98%-49.6%26.8%-
Adj EPS -0.10.40.6-1.4-1.1-0.80.60.20.6-0.81.8
YoY Gr.-NA57.5%-317.5%NANANA-58.9%139.1%-245.5%-
BVPS (₹) 9.69.79.97.92.81.38.499.711.312
Adj Net
Profit
-15.659.994.3-205-165-12684.334.582.8-119269
Cash Flow from Ops. 300-472-329-2,5171,600-112927-353-367-605-
Debt/CF from Ops. 1.5-1.1-2.8-1.51.5-22.70.1000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -59.5%-83.3%-76.8%26.8%
Adj EPS NANA-212.6%-245.5%
BVPS1.9%32.1%10.4%16.7%
Share Price 7.3% 6.3% -1.7% -4.2%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
-1.14.26.4-15.4-20.6-4111.62.65.9-7.615.4
Op. Profit
Mgn %
-0.20.20.7-0.3-0.35.4-44.4-3028.5-5138.7-5320.2-6547.3
Net Profit
Mgn %
-0.10.40.3-0.9-0.6-1.530.9645.23076.6-35049835.2
Debt to
Equity
0.30.40.63.25.613.20000-
Working Cap
Days
1211045271691793,8201,15,0532,20,5791,11,6111,48,836
Cash Conv.
Cycle
4234289-7-698,20515,7176,73487,758

Valuation of MMTC - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales11,82716,45129,44026,30530,00111,7963,528533
Operating Expenses + 11,85116,42829,25626,36730,05511,3363,633167141185
Manufacturing Costs4547628656921,16845661788
Material Costs11,05415,25528,05925,28228,58610,6633,403100
Employee Cost 20026322519914011910913411178
Other Costs 1421481071941619859252299
Operating Profit -2423184-63-53460-105-162-138-181
Operating Profit Margin (%) -0.2%0.1%0.6%-0.2%-0.2%3.9%-3.0%-3,029.0%-5,140.9%-5,321.7%
Other Income + 45462143301893199260177
Exceptional Items 91-8-10-44-877-1551,41745-19474
Interest 241869149206228124111
Depreciation 7567655455
Profit Before Tax -648146-291-1,1121011,766200114639
Tax 2410371-323359204828251
Profit After Tax -3038109-292-789-2581,56219287387
PAT Margin (%) -0.3%0.2%0.4%-1.1%-2.6%-2.2%44.3%3,598.9%3,220.5%11,360.1%
Adjusted EPS (₹)-0.20.30.7-2.0-5.3-1.710.41.30.62.6
Dividend Payout Ratio (%)-100.80%80%41.40%0%0%0%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 1,2011,2031,269883100-1481,4121,6261,7022,121
Share Capital 100100150150150150150150150150
Reserves 1,1011,1031,119733-50-2981,2621,4761,5521,971
Debt +4405199613,8502,4182,62219615300
Long Term Debt000167000000
Short Term Debt4405199613,6832,4182,62219615300
Minority Interest0000000000
Trade Payables6891,0651,139666998534346337240238
Others Liabilities 3,2852,1507807811,4031,5611,5701,4091,379437
Total Liabilities 5,6154,9374,1496,1794,9184,5693,5233,5253,3212,796

Fixed Assets

Net Fixed Assets +53484545383530262216
Gross Block65666975737474746966
Accumulated Depreciation12182330354044484750
CWIP 0000000000
Investments 2471281478082102127276328533
Inventories2,3671,71128021846301000
Trade Receivables5093554272,04783440240539311924
Cash Equivalents flag 5271441342272542021,3461,3281,3391,789
Others Assets 1,9122,5503,1153,5633,6653,7991,6141,5021,514434
Total Assets 5,6154,9374,1496,1794,9184,5693,5233,5253,3212,796
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 273-455-367-2,5881,704-0754-353-367-605
PBT -648146-291-1,1121011,766200114639
Adjustment 901564222190172-1,868-356-297-755
Changes in Working Capital 237-507-550-25002618-2701037-201-162-407
Tax Paid -48-11-26-198-3-1814-23-82
Cash Flow From Investing Activity + -681179-581131,959198278579
Capex -2-0-2-62-1-000-0
Net Investments -96960-79001,8754328412
Others 312111278485155250167
Cash Flow From Financing Activity + 110263392,689-1,634-5-2,547-43-1-1
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -21-17-67-145-202-209-121-1-1-1
Dividend Paid -36-36-36-54000000
Others 167794422,888-1,432204-2,426-4300
Net Cash Flow 315-312-194280-3166-198-90-27
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)-2.413.128.8-27.11-160.55N/A247.2612.655.2120.27
ROCE (%)1.153.9310.85-4.07-24.99N/A92.6211.96.6433.46
Asset Turnover Ratio2.623.126.485.095.412.490.87000
PAT to CFO Conversion(x)N/A-11.97-3.37N/AN/AN/A0.48-1.84-4.22-1.56
Working Capital Days
Receivable Days20.509.604.9017.2017.5019.1041.70007,658
Inventory Days42.7045.2012.303.501.601.201.6051.6048.900
Payable Days26.702114.301310.6026.2047.20000

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Announcements

MMTC Ltd FAQs

The current trading price of MMTC on 10-Sep-2026 16:59 is ₹62.22.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Sep-2026 the market cap of MMTC stood at ₹9,408 Cr

The latest P/E ratio of MMTC as of 09-Sep-2026 is 34.96.

The latest P/B ratio of MMTC as of 09-Sep-2026 is 5.25.

The 52-week high of MMTC is ₹78.38 and the 52-week low is ₹51.25.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of MMTC is ₹2.73 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that MMTC Ltd is a below average quality company.

The key valuation ratios of MMTC Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of MMTC Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About MMTC Ltd

MMTC Limited is a Mini Ratna Category-I Central Public Sector Undertaking (CPSE) was incorporated in 1963 and is one of the largest International trading companies in the country. It is the first Central Public Sector Enterprise to be accorded the status of ‘FIVE STAR EXPORT HOUSE’ by Government of India for long standing contribution to exports. MMTC Limited continues to be a leader in mineral exports for over five decades now. With its comprehensive infrastructural set up to handle minerals, the company provides full logistic support from procurement, quality control to guaranteed timely deliveries of minerals from different ports, through a wide network of its regional and port offices in India, as well as international subsidiary in Singapore.

Business area of the company

The major business activities of the Company are export of Minerals and import of Precious metals, Non-Ferrous Metals, Fertilizers, Agro Products, Coal and Hydrocarbon etc. MMTC also deals in Engineering products, Joint Ventures in steel, retailing, free trade warehousing and commodity exchanges etc. The Company's trade activities span across various countries in Asia, Europe, Africa and Middle East.

Business Verticals

  • Agro products
  • Coal & hydrocarbon
  • Fertilizers
  • Metals and industrial raw materials
  • Minerals
  • PMD retail
  • Precious metals, gems & jewellery
  • Projects, Engineering Exports and General Trade

Awards

2012-13:

  • Most Caring Companies of India Award to MMTC presented by 'The World CSR Congress' recognizing Organisations for contributions made in the field of CSR.
  • Star Performer Award for the year 2011-12 in the product group of Basic Iron and Steel (Large Enterprise) by EEPC (National Award)
  • Top Exporters for the year 2010-11, Silver Trophy, Medium Enterprise by EEPC India (N.R.)

2013-14:

  • CAPEXIL's Highest Export Award for the year 2011-12 for its export achievement in respect of Canalized Agency(Minerals & Ores Sector) - 21st time in a row.
  • Certificate of Excellence from the Directorate of Export Promotion and Marketing, Government of Odisha for outstanding performance in the export of Pig Iron under Metallurgy group and in the Export of Iron ore, Chrome Ore & Concentrate under Minerals Group for the year 2010-11.
  • Rajbhasha Trophy for FY 2013-14 by Ministry of Commerce. Second prize for excellence in implementation of Official Language Policy.

2015-16:

  • CAPEXIL Award - Top Exporter for 2012-13
  • EEPC Award - Top Exporter Gold Trophy in the Merchant Enterprise category for 2013-14
  • Amity University - Export Excellence Award for Revolutionizing Export of Minerals & Metals from India

2016-17:

  • CAPEXIL Award for total minerals exports during 2014-15. It is the 24th time in a row that MMTC has won CAPEXIL’s most coveted award in the highest category.
  • “Best Agency Supplying Gold to Highest Number of Clients” FY 2015-16 by GJEPC.
  • “Best Nominated Agency” for FY 2015-16 at the Indian International Gold Convention 2016.
  • “Best Nominated Agency” for FY 2015-16 at the Bullion Federation Global Convention 2016.
  • Special Trophy for Excellence in Exports of MEIS Items in the Merchant category by EEPC.
  • Star Performer Award for year 2014-15 in the product group - Basic Iron and Steel (Large Enterprise) by the Engineering Export Promotion Council
  • Best Achiever Award for major industries (PSU) at Utkal Chamber of Commerce and Industry (UCCI) EXPO 2017.

2017-18:

  • “Gold Trophy” for the year 2014-15 under Merchant Exporter category by Northern Region of EEPC
  • Special Trophy for Exports of MEIS items in the Merchant Category in the National Award category by EEPC
  • IIGC 2017 award for “Promising Government Nominated Agency for supply of bullion for 2017”.
  • BFGC 2017 Award for “The Best Nominated Agency for supply of silver to exporters”

2018-19:

  • MMTC Recognized as Best PSU-Nominated Agency of 2018-19 for Bullion Sales.
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