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  7. MMTC Ltd
Financial RatiosPE RatioShareholdingDividendQuarterly ResultsBalance SheetProfit & LossCash Flow

MMTC Ltd Stock Price Today (NSE: MMTC)

MMTC Ltd

MMTCTrading & Distributors
₹65.65₹1.02 (1.53%)↓
As on 21 Apr 2026, 08:09 am ISTMarket Closed

Fundamental Score

...

MMTC Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

MMTC Ltd share price today is ₹65.65, down 1.53% on NSE/BSE as of 21 April 2026. MMTC Ltd (MMTC) is a Mid-cap company in the Trading & Distributors sector with a market capitalisation of ₹8.95K (Cr). The 52-week high for MMTC share price is ₹88.19 and the 52-week low is ₹50.10. At a P/E ratio of 127.30x, MMTC is currently trading above its industry average P/E of 35.45x. The company has a Return on Equity (ROE) of 5.87% and a debt-to-equity ratio of 0.02.

MMTC Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
-1.53%

Institutional Deep-Dive

Bull Run Research Hub

Live Price:₹65.65— Analysis below may reference an earlier price snapshot.

MMTC Share Price: A Conservative Value Investor's Perspective

For a conservative value investor focused on capital safety, any analysis of a trading and distribution company must begin with a sobering reality: the sector often lacks sustainable competitive advantages. Margins are thin, and success frequently depends on navigating complex global trade dynamics, a feat susceptible to geopolitical risks. This analysis examines the "MMTC share price" of ₹64.12 to ascertain its suitability for a risk-averse portfolio. The reported PE ratio is 127.3, immediately raising concerns, as this suggests the market has high hopes, perhaps excessively so, for future earnings growth, which appears difficult to justify. This analysis is part of a broader 80-parameter fundamental audit verified by Sweta Mishra.

The Return on Capital Employed (ROCE) of 7.7% is a crucial indicator. In my assessment, this is where the company has to focus on to increase its margin. A higher ROCE, ideally significantly above the cost of capital, contributes to a strong economic "moat," protecting a company's profitability from competitors. A 7.7% ROCE, while not disastrous, suggests limited pricing power and competitive pressures, potentially diminishing any perceived moat. Further investigation into the factors driving this ROCE is warranted. This is not a high ROCE and should increase in the coming years to give comfort to investors.

Comparing MMTC Ltd. to its peers reveals further insights. Prismx Global Ventures Ltd, for example, may exhibit differences in management quality, operational efficiency, and strategic decision-making. A deep dive into management's track record at both MMTC and Prismx, assessing their capital allocation decisions and history of navigating sector challenges, would be valuable. Do the two companies have any difference in their management that can justify the current "MMTC share price"?

Given the high PE ratio and relatively modest ROCE, a value investor would need substantial evidence of a compelling turnaround story or deeply undervalued assets to justify an investment in MMTC Ltd. A meticulous examination of the company's balance sheet, cash flow statement, and future growth prospects is essential before considering the current MMTC share price as reflecting an opportunity. Ultimately, safety of capital would be my primary concern.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

MMTC Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
2 Apr 26₹51.87₹55.76₹51.87₹55.3629.91L (Cr)
1 Apr 26₹52.10₹55.66₹52.10₹55.1835.47L (Cr)
30 Mar 26₹54.10₹54.49₹50.10₹52.1024.88L (Cr)
27 Mar 26₹57.04₹57.05₹54.40₹55.1631.42L (Cr)
25 Mar 26₹57.04₹58.44₹57.04₹57.699.34L (Cr)
24 Mar 26₹56.55₹57.70₹54.90₹56.7139.70L (Cr)
23 Mar 26₹58.00₹58.30₹55.34₹55.7247.06L (Cr)
20 Mar 26₹60.50₹62.77₹58.15₹60.04108.57L (Cr)
19 Mar 26₹61.63₹62.48₹59.50₹60.44182.93L (Cr)
18 Mar 26₹53.20₹63.79₹53.20₹62.671257.07L (Cr)

MMTC Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
Apr 2026₹52.10₹55.76₹51.87₹55.36+6.26%
Mar 2026₹60.02₹63.79₹50.10₹52.10-13.20%
Feb 2026₹62.98₹67.30₹60.37₹61.82-1.84%
Jan 2026₹67.00₹72.70₹61.61₹65.10-2.84%
Dec 2025₹60.99₹71.95₹51.23₹67.23+10.23%
Nov 2025₹69.00₹70.66₹60.00₹60.52-12.29%
Oct 2025₹65.70₹73.70₹64.00₹68.73+4.61%
Sept 2025₹60.79₹73.88₹60.79₹64.74+6.50%
Aug 2025₹64.40₹69.47₹60.20₹60.79-5.61%
Jul 2025₹73.00₹73.47₹63.56₹64.63-11.47%
Jun 2025₹84.40₹84.40₹66.00₹72.77-13.78%
May 2025₹56.33₹88.19₹50.50₹85.77+52.26%

AI Research Briefing

Powered by Gemini · 2026-04-13

MMTC is a CPSE trading vehicle, not a long-term investment.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSENegative. 1M: -13.17%, 3M: -5.07%, 6M: -23.54% [cite]Expensive, P/E of 127.3x vs industry P/E of 35.45x [cite]

⚡WHAT'S HAPPENING NOW (last 2-4 weeks):

MMTC reported Q3 FY26 results. Consolidated net profit stood at ₹46.27 crore, a 72.91% QoQ decrease but a massive 1,164.21% YoY increase. Revenue was ₹0.34 crore, down 69.09% QoQ but up 36% YoY. The company also reported zero requests for re-lodgment of physical share transfers under SEBI's special window.

�� CORE STORY (THE REAL GAME):

MMTC is a play on government-owned trading companies, specifically their ability to swing from near-death to profitability based on policy decisions and commodity cycles. It's less about operational excellence and more about anticipating government action and global commodity trends.

�� WHAT IS DRIVING THE STOCK:

Government Policy: As a CPSE, MMTC's fate is tied to government decisions regarding privatization or investment.

Commodity Prices: MMTC's trading business is directly impacted by fluctuations in mineral, metal, and precious metal prices.

Q3 Results: Despite the QoQ drop, the massive YoY profit increase of 1,164.21% has caught some eyes.

⚖️ BULL vs BEAR:

Bull:Government support, rising commodity prices, and potential for strategic deals can drive the stock higher. Q3 FY26 net profit was ₹46.27 crore.

Bear:OPM is ~0.01% [cite]. Sales CAGR 5Y is -86.52% [cite]. Trading biz is volatile. Overvalued at P/E 127.3x [cite]. Anglo Coal provision of ₹1,088.62 crore remains a drag. Any adverse policy change or commodity price crash will destroy this stock.

�� WHAT MARKET IS PRICING:

The market is pricing in a turnaround narrative based on recent profitability, ignoring the underlying structural issues and dependence on external factors.

�� BOTTOM LINE:

MMTC is a government-owned trading plaything. Trade it, don't invest.

Why Now
  • Q3 FY26 net profit of ₹46.27 crore
  • PESB interviews for Director (Finance)
  • Zero requests for physical share transfers
Potential Catalysts
  • Positive government policy announcements
  • Sharp rise in commodity prices
  • Strategic partnerships or acquisitions
Key Risks
  • Government ownership and policy risk
  • Volatile trading business
  • Overvaluation (P/E 127.3x vs Industry P/E 35.45x) [cite]
Institutional Activity

FII and DII holdings are negligible and decreasing [cite]. Promoter holding is high at 89.93% [cite].

Macro Context

Global trade and commodity prices are key drivers; current environment is uncertain.

Cash Flow Quality

Yes, Free Cash Flow 5Y: ₹1742.45 Cr [cite]

3–6 Month Outlook

Short-term gains possible on positive news flow, but long-term sustainability is questionable. Exit on signs of policy reversal or commodity price decline.

Primary Thesis Risk

Adverse government policy or commodity price crash will destroy the stock.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

ROE

5.87%
Poor

ROCE

7.70%
Poor

OPM (5Y)

0.01%

Div Yield

0.00%

MMTC Ltd Valuation Check

Poor

P/E Ratio

127.30x
Poor

Industry P/E

35.45x
Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Market Cap

8.95K (Cr)

Shareholding Pattern

Excellent

Promoter

89.93%
Poor

FII

0.09%
Poor

DII

1.84%
Excellent

Pledged

0.00%

Growth Engine

Poor

Profit Growth (Q)

-2.38%
Poor

Sales Growth (Q)

-29.49%
Poor

Sales Growth (5Y)

-86.52%
Excellent

EPS Growth (5Y)

19.08%
Excellent

Profit Growth (5Y)

19.08%

Balance Sheet Health

Excellent

Debt to Equity

0.02x
Excellent

Int. Coverage

24.04x

Free Cash Flow (5Y)

1.74K (Cr)

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

MMTC Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of MMTC across key market metrics for learning purposes.

Positive Indicators

6 factors identified

Excellent EPS Growth (19.08% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (19.08% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.02)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (24.04x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹1742.45 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

9 factors identified

Below-Average Return on Equity (5.87%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (7.70%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (0.01%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Premium Valuation Risk (P/E: 127.30x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Revenue Contraction (-29.49%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Limited Growth History (-86.52% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Limited Public Float (89.93% Promoter Holding)

Observation: High promoter holding may restrict liquidity and price discovery.

Analysis: Very high promoter holding can limit trading liquidity.

Limited Institutional Interest (FII+DII: 1.93%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Peer Comparison - Trading & Distributors

Compare MMTC Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Overall score
Valuation
Price metrics
Profitability
Return metrics
Financial Health
Debt management
Growth
5Y performance
Dividend
Yield %
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
MMTC LtdMMTC Ltd...Selected✓
MMTC • 513377
32.1/100
₹65.65₹66
₹8949.04₹8949.04
127.30Average
127.3
Average
5.87%Poor
5.87%
Poor
7.70%Poor
7.70%
Poor
0.02Excellent
0.0
Excellent
19.08%Excellent
19.08%
Excellent
-86.52%Poor
-86.52%
Poor
0.00%
Redington LtdRedington Ltd...
REDINGTON • 532805
58.5/100
₹227.49₹227
₹22049.92₹22049.92
16.14Average
16.1
Average
14.39%Average
14.39%
Average
0.00%Poor
0.00%
Poor
0.29Excellent
0.3
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
MSTC LtdMSTC Ltd...
MSTCLTD • 542597
63.7/100
₹456.20₹456
₹3458.41₹3458.41
15.65Average
15.7
Average
28.37%Excellent
28.37%
Excellent
0.00%Poor
0.00%
Poor
0.17Excellent
0.2
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
BN Holdings LtdBN Holdings Ltd...
BNHOLDINGS • 526125
24.7/100
₹404.70₹405
₹3333.57₹3333.57
49.50Average
49.5
Average
26.05%Excellent
26.05%
Excellent
0.00%Poor
0.00%
Poor
0.20Excellent
0.2
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Vintage Coffee And Beverages IncVintage Coffee ...
VINCOFE • 538920
11.1/100
₹141.40₹141
₹2132.64₹2132.64
35.45Average
35.5
Average
17.05%Good
17.05%
Good
0.00%Poor
0.00%
Poor
0.17Excellent
0.2
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
TCC Concept LtdTCC Concept Ltd...
TCC • 512038
34.8/100
₹389.30₹389
₹1813.06₹1813.06
38.36Average
38.4
Average
9.28%Poor
9.28%
Poor
0.00%Poor
0.00%
Poor
0.05Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Euro Asia Exports LtdEuro Asia Expor...
EUROASIA • 530929
66.6/100
₹637.25₹637
₹1297.46₹1297.46
518.98Average
519.0
Average
87.02%Excellent
87.02%
Excellent
0.00%Poor
0.00%
Poor
0.00Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Polo Queen Industrial and Fintech LimitedPolo Queen Indu...
PQIF • 540717
41.9/100
₹24.34₹24
₹1111.34₹1111.34
402.66Average
402.7
Average
1.24%Poor
1.24%
Poor
0.00%Poor
0.00%
Poor
0.06Excellent
0.1
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Yamuna Syndicate LtdYamuna Syndicat...
YSL • 540980
32.3/100
₹29100.00₹29100
₹1021.99₹1021.99
11.71Average
11.7
Average
9.31%Poor
9.31%
Poor
0.00%Poor
0.00%
Poor
0.00Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
Oswal Agro Mills LtdOswal Agro Mill...
OSWALAGRO • 500317
62.3/100
₹49.93₹50
₹811.32₹811.32
6.43Average
6.4
Average
12.62%Average
12.62%
Average
0.00%Poor
0.00%
Poor
0.00Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%
State Trading Corporation of India LtdState Trading C...
STCINDIA • 512531
34.4/100
₹120.73₹121
₹695.15₹695.15
20.22Average
20.2
Average
0.00%Poor
0.00%
Poor
0.00%Poor
0.00%
Poor
0.00Excellent
0.0
Excellent
0.00%Average
0.00%
Average
0.00%Average
0.00%
Average
0.00%

MMTC Ltd Financial Statements

Comprehensive financial data for MMTC Ltd including income statement, balance sheet and cash flow

About MMTC (MMTC Ltd)

MMTC Ltd is a multifaceted trading behemoth, a key facilitator in the global exchange of commodities and industrial materials. This state-owned enterprise acts as a crucial link be...tween producers and consumers across a vast network spanning continents. With a well-established presence in major markets, MMTC engages in the import and export of a diverse portfolio of goods, ensuring the smooth flow of resources that fuel industries and economies worldwide. From the extraction sites of raw materials to the manufacturing hubs of finished products, MMTC plays a pivotal role in the global supply chain, navigating complex logistics and trade regulations to connect disparate markets. The company's reputation is built on a foundation of reliability and experience, making it a trusted partner for businesses seeking to expand their reach in international trade. At the heart of MMTC's operations lies a segmented structure, allowing for specialized expertise and efficient management of diverse product categories. The company's activities are broadly divided into key areas, including the trading of essential minerals that form the building blocks of infrastructure and manufacturing. Precious metals, such as gold and silver, constitute another significant segment, reflecting MMTC's role in managing and distributing valuable assets. Further extending its reach, the company actively participates in the trade of base metals, agro products vital for global food security, and energy resources like coal and hydrocarbons. This strategic segmentation enables MMTC to cultivate deep market knowledge and tailor its services to the unique needs of each sector. Beyond its core trading activities, MMTC demonstrates a commitment to supporting various industries through the supply of fertilizers and general trade goods. The company's involvement in the fertilizer market contributes to agricultural productivity and food production, while its general trade division facilitates the exchange of a broad spectrum of goods, catering to diverse market demands. Furthermore, MMTC also engages in the trading of gems and jewellery, adding another dimension to its portfolio and showcasing its expertise in handling high-value products. Through its comprehensive approach and diverse range of activities, MMTC consistently reinforces its position as a leading player in the international trading landscape.

Company Details

Symbol:MMTC
Industry:Trading & Distributors
Sector:Trading & Distributors
Website:https://mmtclimited.com

Key Leadership

Mr. Nitin Kumar Yadav I.A.S.
Managing Director & Chairman
Mr. B. D. Das
Chief Financial Officer
B. N. Dash
Chief General Manager of Finance & Accounts

Corporate Events

Recent
Ex-Dividend Date
2019-09-19

Latest News

Exclusive: India to ditch privatisation plans, pour billions in state-run firms, sources say - Reuters
Reuters• 1/27/2025
Stock Market Highlights: Sensex ends 1508 points higher, Nifty at 23,851; Banks shine - ET Now
ET Now• 4/17/2025
MMTC shares hit 10% lower circuit amid reports of likely shutdown - The Economic Times
The Economic Times• 10/18/2023

MMTC Share Price: Frequently Asked Questions

What is the current share price of MMTC Ltd?

As of 21 Apr 2026, 08:09 am IST, MMTC Ltd share price is ₹65.65. The MMTC Ltd stock has a market capitalisation of ₹8.95K (Cr) on NSE/BSE.

Is MMTC Ltd share price Overvalued or Undervalued?

MMTC Ltd share price is currently trading at a P/E ratio of 127.30x, compared to the industry average of 35.45x. Based on this relative valuation, the MMTC Ltd stock appears to be Overvalued against its sector peers.

What is the 52-week high and low of MMTC Ltd share price?

The 52-week high of MMTC Ltd share price is ₹88.19 and the 52-week low is ₹50.10. These values are updated daily from NSE/BSE price data.

What factors affect the MMTC Ltd share price?

Key factors influencing MMTC Ltd share price include quarterly earnings growth (Sales Growth: -29.49%), raw material costs, government spending, and institutional flows (FII/DII holding).

Is MMTC Ltd a good stock for long-term investment?

MMTC Ltd shows a 5-year Profit Growth of 19.08% and an ROE of 5.87%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.02 before investing in MMTC Ltd shares.

How does MMTC Ltd compare with its industry peers?

MMTC Ltd competes with major peers in the Trading & Distributors. Investors should compare MMTC Ltd share price P/E of 127.30x and ROE of 5.87% against the industry averages to determine competitive standing.

What is the P/E ratio of MMTC Ltd and what does it mean?

MMTC Ltd share price has a P/E ratio of 127.30x compared to the industry average of 35.45x. Investors pay ₹127 for every ₹1 of annual earnings.

How is MMTC Ltd performing according to Bull Run's analysis?

MMTC Ltd has a Bull Run fundamental score of 32.1/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does MMTC Ltd belong to?

MMTC Ltd operates in the Trading & Distributors industry. This classification helps understand the competitive landscape and sector-specific trends affecting MMTC Ltd share price.

What is Return on Equity (ROE) and why is it important for MMTC?

MMTC has an ROE of 5.87%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently MMTC Ltd generates profits from shareholders capital.

How is MMTC debt-to-equity ratio and what does it indicate?

MMTC has a debt-to-equity ratio of 0.02, which indicates conservative financing with low financial risk.

What is MMTC dividend yield and is it a good dividend stock?

MMTC offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in MMTC Ltd shares.

How has MMTC share price grown over the past 5 years?

MMTC has achieved 5-year growth rates of: Sales Growth -86.52%, Profit Growth 19.08%, and EPS Growth 19.08%.

What is the promoter holding in MMTC and why does it matter?

Promoters hold 89.93% of MMTC shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in MMTC Ltd.

What is MMTC market capitalisation category?

MMTC has a market capitalisation of ₹8949 crores, placing it in the Mid-cap category.

How volatile is MMTC stock?

MMTC has a beta of N/A. A beta > 1 suggests the MMTC Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is MMTC operating profit margin trend?

MMTC has a 5-year average Operating Profit Margin (OPM) of 0.01%, indicating the company's operational efficiency.

How is MMTC quarterly performance?

Recent quarterly performance shows MMTC Ltd YoY Sales Growth of -29.49% and YoY Profit Growth of -2.38%.

What is the institutional holding pattern in MMTC?

MMTC has FII holding of 0.09% and DII holding of 1.84%. Significant institutional holding often suggests professional confidence in the MMTC Ltd stock.

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