Skip to content
thestock.space

MMTC (MMTC) had a P/E of 17.9× on 6 Nov 2026, above the industry P/E of 14.8×, and the shares are 32% below their 52-week high. Sales and net profit fell 90% and 37% a year over 3 years; its ROCE of 30% is the second-highest among the 7 largest Conglomerates peers, though net profit is above operating profit, which points to a one-off gain. It carries very little debt. It is a small-cap company with a market cap of ₹8,000 Cr, ranked 10th of 52 Conglomerates companies by market cap; the shares fell 20% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹53.67
Day high
₹53.75
Day low
₹52.57
Prev. close
₹54.14
Volume
11.3 L

Health check

2 good · 3 to check
  • ReturnsBehind

    −19.8% over a year, better than 1 of 7 peers.

  • Price tagDistorted

    A one-off gain inflates profit, so P/E isn’t comparable right now.

  • GrowthShrinking

    Sales −90.1%, profit −37.2% a year over 3 years.

  • ProfitabilityStrong

    ROCE 29.7% vs peer median 12.8%.

  • Balance sheetSolid

    Practically debt-free, Piotroski 6 of 9.

  • Red flags4 to check

    Quarterly sales down 50.0% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Conglomerates

51 listed peers. Screen the industry

Small cap

₹8,000 Cr, #10 of 52 in its industry by size.

Defensive

Beta 0.68 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹3 Cr · profit ₹447 Cr
Market cap
₹8,000 Cr
Small cap
P/E
17.9
Industry 14.8
Price to book
3.77
Peers 5.18
Dividend yield
0.00%
ROE
20.3%
Peers 11.6%
ROCE
29.7%
Peers 12.8%
Debt to equity
0.00
Debt ₹2.42 Cr
EPS (TTM)
₹2.98
Face value ₹1
OPM (TTM)
−6547.6%
Net margin 16386.8%
Sales growth
−50.0%
Latest quarter vs a year ago
Profit growth
+135.5%
Latest quarter vs a year ago
Price to sales
2930.22
EV/EBITDA −35.2

Strengths and risks

Strengths

  • Return on equity of 20.3%.
  • Return on capital employed of 29.7%.
  • Practically debt-free.
  • Quarterly profit up 135.5% on a year ago.

Risks to check

  • Quarterly sales down 50.0% on a year ago.
  • Net profit is above operating profit, so a one-off gain is likely flattering earnings.
  • 32% below its 52-week high.
  • Interest coverage of only −134.9×.

Derived automatically from reported figures. Not a recommendation.

About MMTC

MMTC Limited operates as a trading company in Asia, Europe, Africa, the Middle East, Latin America, and North America. It operates through Minerals, Precious Metals, Metals, Agro Products, Coal & Hydrocarbon, Fertilizer, and General Trade/others segments. The company engages in the export of minerals; and import of precious metals, non-ferrous metals, fertilizers, agro products, coal and hydrocarbon, etc. It also trades in minerals, metals, fertilizers,…

Headquarters
New Delhi
Employees
245
Sector
Industrials
ISIN
INE123F01029

Price range

52 weeks

₹49.41₹78.35

Today

₹52.57₹53.75
Avg volume (3M)
28 L
1-year return
minus 19.8%
From 52-week high
minus 31.9%

Peers · Conglomerates

Company
SRFSRF2,460.40minus 0.99%72,92831.94.7614.5%16.0%24.2%1.8%−5.3%0.41%minus 15.5%
TIINDIATube Investments of India2,170.00minus 5.65%42,00562.95.1812.8%9.6%9.9%15.5%−12.6%0.16%minus 23.1%
GODREJINDGodrej Industries955.85minus 2.40%32,19827.42.8812.3%11.6%10.4%9.8%8.4%0.00%minus 11.6%
3MINDIA3M India27,570.00minus 5.98%31,05857.017.5747.5%28.9%18.4%8.7%5.0%0.58%minus 18.3%
THERMAXThermax2,746.30minus 17.27%30,93752.65.5815.3%13.7%12.4%9.8%17.0%0.51%plus 1.5%
BEMLBEML1,953.20minus 1.89%16,26828.05.665.9%4.9%7.3%3.0%−3.6%0.91%minus 7.4%
NAVANava529.15minus 0.99%14,99119.81.7111.1%9.6%38.4%6.8%−5.3%1.61%minus 12.1%
MMTCMMTC53.33minus 1.50%8,00017.93.7729.7%20.3%−6547.6%−90.1%−37.2%0.00%minus 19.8%
Median of 7 peers–−2.40%31,05831.95.1812.8%11.6%12.4%8.7%−3.6%0.51%−12.1%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
1.41.10.30.60.7
24.523.223.411420.9
−23.1−22.1−23−114−20.2
−1698.5%−2004.5%−6767.6%−18606.6%−2969.1%
77.874.670.3130156
0.200.30.20.1
1112.20.7
0378−0.496.1−0.1
53.543045.7110135
17.2%60.2%−1.2%−14.7%22.8%
44.317146.3126104
0.301.140.310.840.69

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−90.1%
Profit CAGR 3Y
−37.2%
EPS CAGR 3Y
−37.2%
ROE
20.3%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
3,5275.12.73.4
–minus 99.9%minus 47.6%+26.8%
3,634165141109
−106−160−138−105
−3.0%−3122.0%−5139.0%−3085.3%
581322277352
1210.70.90.8
5.34.34.55.1
1,41743.1−18.9398
1,766200114639
11.5%3.9%24.2%39.3%
1,56219286.6387
–minus 87.7%minus 54.9%+347.2%
10.421.280.582.58

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
150150150150
1,2621,4341,5521,971
2034.72.42.4
2,0641,7961,774673
3,6783,3843,4782,796
29.925.921.716.2
––0–
26.334.469103
1,2871,2681,3101,757
2,3352,0552,078920
3,6783,3843,4782,796

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
754−353−367−605
1,959198278579
−2,547−43.4−0.9−0.8
166−198−90−27.1
−0.3−0.4−0.2−0.1
754−353−367−605

Shareholding pattern

Source: NSE filings
89.9%
promoters
  • Promoters89.93%
  • Public10.07%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202689.93%10.07%0.00
30 Jun 202689.93%10.07%0.00
31 Mar 202689.93%10.07%0.00
31 Dec 202589.93%10.07%0.00
30 Sep 202589.93%10.07%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you