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NSE:MMTC

MMTC LIMITED

Services › Commercial Services & Supplies·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 250+4
₹51.20
at close · 27 Oct 2026
▲ 0.49 (+0.97%)

Latest filings

  1. MMTC reports 458 re-lodgment requests for physical shares in September 2026 · Compliance
  2. MMTC submits quarterly dematerialization certificate under SEBI Regulation 74(5) · Compliance
  3. MMTC statutory auditor M/s Dinesh Jain & Associates completes tenure at AGM · Management Changes
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates as a government-owned trading house historically dealing in precious metals, metals, minerals, coal and hydrocarbon, agro products, and fertilizers. In FY26, revenue from operations was Rs 3.41 crore against total income of Rs 180.58 crore, with the gap between the two figures coming from non-operating sources. The segment split for the year-to-date period shows 'Others' at 77.1% of period segment revenue (Rs 2.63 crore), Precious Metals at 21.4% (Rs 0.73 crore), Fertilizers at 1.5% (Rs 0.05 crore), and Metals, Minerals, Coal & Hydrocarbon, and Agro Products at 0% each. Standalone profit after tax of Rs 212.07 crore in FY26 (up from Rs 69.53 crore in FY25) was driven by exceptional items including Rs 411.76 crore from the NINL divestment and Rs 13.21 crore from confiscated gold jewellery, rather than trading income. The government has directed the company to prepare a roadmap for scaling down manpower and exiting business operations, and auditors flagged a material uncertainty regarding going concern. Employee costs were 2,292.7% of revenue, reflecting the imbalance between fixed overheads and the current trading activity. Operating cash flow was negative Rs 605.27 crore.

Revenue mix · reported segments
Others77.1%
Precious Metals21.4%
Fertilizers1.5%
Metals0.0%
Minerals0.0%
Coal & Hydrocarbon0.0%
Agro Products0.0%
Operating scale
Anglo Coal case deposit with court
Rs 1,088.62 croreFY26
Accrued interest on Anglo Coal deposit
Rs 259.74 croreFY26
Total assets
Rs 2,795.87 croreFY26
NINL divestment exceptional item
Rs 411.76 croreFY26
Confiscated gold exceptional item
Rs 13.21 croreFY26
Deferred tax assets derecognised
Rs 163.79 croreFY26
Who pays it
Indian commodity counterparties and government agencies for trading in metals, minerals, fertilizers, coal, and precious metals
Biggest cost
Employee costs, running at 2,292.7% of revenue from operations
Kind of business
Government-owned trading entity in managed wind-down, with negligible current trading volumes and profits driven by one-off divestments
Where it sits
Central public sector trading enterprise under the Ministry of Commerce and Industry, classified under Commercial Services & Supplies / Trading & Distributors
Market Cap
₹7,680 Cr
P / E (TTM)
17.2×
EV / EBITDA
14.0×
Div Yield
—
Growth
-83.7%▼
Revenue 5y CAGR
PAT — · EBITDA —
Quality
5.9%·
ROCE (5y median)
ROE n/m · margin 13760.1%
Leverage
0.00·
Debt / Equity · low
Net cash ₹2.70 Cr
Revenue FY21→FY26
0.0×▼
Margin +11362.7 pts
₹30,001 Cr → ₹3 Cr
Cash conversion
-0.29×▼
Operating cash ÷ profit · 5 yrs
₹-567 Cr on ₹1,966 Cr
Moves on a normal day
1.24%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 188 Trading & Distributors peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#73/130
P/B#121/150
ROCE#12/177
ROE#13/158
Debt / Equity#1/154
EBITDA margin#1/137
Revenue growth#94/135
Profit growth#35/157

Scorecard

Measured from the filed financials, judged against its Trading & Distributors peers · as of FY26 — not investment advice

Strengths
No borrowings on the balance sheet
lower than 73% of its 154 Trading & Distributors peers
Negative working-capital cycle — the business is funded by its suppliers
Concerns
Revenue shrinking over 5 years (−84% a year)
Returns on capital 5.9% (5-year median)
#12 of 177 in Trading & Distributors on the latest reported figures · up from −618.2% in FY21
Over 5 years it reported ₹1,966 Cr of profit and an operating cash outflow of ₹567 Cr — -0.29×
Less than 60p of every ₹1 of profit arrived as cash
Customers are taking longer to pay — 10 → 2573 days of receivables
FY21 → FY26

Charts

How has the market priced it — with filings on the timeline?

MMTC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from MMTC LIMITED's filed financials and exchange disclosures

What does MMTC LIMITED do?

MMTC LIMITED is a Commercial Services & Supplies company listed on NSE and BSE, trading under the symbol MMTC.

Is MMTC LIMITED profitable?

Yes. Over the trailing twelve months MMTC LIMITED reported a net profit of ₹447 Cr on revenue of ₹2.73 Cr.

Does MMTC LIMITED pay a dividend?

Not in the latest reported year — MMTC LIMITED's dividend payout for FY26 was nil.

Is MMTC LIMITED debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹2.70 Cr of cash.

Is MMTC LIMITED expensive compared with its peers?

On trailing P/E, MMTC LIMITED ranks 73 of 130 in Trading & Distributors — cheaper than 44% of them, against an industry median of 14.3×. This is a position, not a valuation judgement.

How much does the MMTC LIMITED share price move in a day?

On a typical session MMTC LIMITED moves 1.24% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track MMTC LIMITED's announcements?

Every NSE and BSE filing by MMTC LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.