MMTC Limited
NSE: MMTC · Trading & Distributors · sector
₹50.66NSE close 2026-10-26
Key numbers
Market cap₹7,599 cr
Price₹50.66
52w high / low₹78 / ₹50
P/E17.0xSector median 13.7x
P/B3.6xSector median 1.0x
Book value₹14.1
Dividend yield–Sector median 0.89%
ROE23.4%Sector median 2.2%
ROCE25.6%Sector median 2.5%
OPM10,805.5%Sector median 1.1%
Debt / equity0.00xSector median 0.08x
EV/EBITDA19.7xSector median 20.9x
Interest cover889.5x
Current ratio3.40x
Sales growth 3y-90.1%Sector median +13.7%
Profit growth 3y-37.2%Sector median +20.7%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 157 companies in Trading & Distributors (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹1,789 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 889.5x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY23).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 56% of net profit in the last 12 months.
- Debtor days went from 26,845 (FY24) to 2,573 (FY26).
- No dividend in the last 5 financial years.
- Price ₹50.66 on 2026-10-26: -35.3% from the 52-week high, +1.1% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹94.34 · low ₹48.82
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 0 | 0 | 1 | 1 | 0 | 1 | 1 |
| EBITDA | -2 | -31 | -25 | -23 | 356 | -23 | -17 | -20 |
| OPM % | -159.6% | -12,204.0% | -10,969.6% | -1,697.8% | 32,359.1% | -6,876.5% | -2,859.0% | -2,961.8% |
| Other income | 43 | 35 | 44 | 70 | 37 | 34 | 35 | 145 |
| Net profit | 48 | 4 | 2 | 44 | 171 | 46 | 126 | 104 |
| EPS (₹) | 0.32 | 0.02 | 0.01 | 0.30 | 1.14 | 0.31 | 0.84 | 0.69 |
| Revenue YoY | -29.5% | +36.0% | +165.2% | -50.0% | ||||
| Profit YoY | +255.5% | +1,164.2% | +5,309.0% | +135.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 11,796 | 3,528 | 5 | 3 | 3 | 3 |
| EBITDA | 286 | 1,309 | -118 | -153 | 292 | 295 |
| Net profit | -262 | 1,562 | 192 | 87 | 387 | 447 |
| EPS (₹) | -1.75 | 10.42 | 1.28 | 0.58 | 2.58 | 2.98 |
| Revenue growth | -70.1% | -99.8% | -49.6% | +26.8% | -19.7% | |
| Profit growth | – | -87.7% | -54.9% | +347.2% | +355.1% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -90.1% | – | -19.7% |
| Net profit | -37.2% | – | +355.1% |
| EPS | -37.2% | – | – |
| Share price | – | -17.9% (2y) | -21.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,412 | 1,626 | 1,702 | 2,121 |
| Borrowings | – | 196 | 153 | 0 | 0 |
| Cash & equivalents | – | 1,346 | 1,328 | 1,339 | 1,789 |
| Total assets | – | 3,678 | 3,687 | 3,478 | 2,796 |
| Fixed assets | – | 30 | 26 | 22 | 16 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 5 | 29 | 64 | 94 |
| Receivables | – | 405 | 393 | 119 | 24 |
| Inventory | – | 1 | 0 | 0 | 0 |
| Payables | – | 346 | 337 | 240 | 238 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -0 | 754 | -353 | -363 | -605 |
| Cash from investing | 3 | 1,959 | 198 | 278 | 579 |
| Cash from financing | -5 | -2,547 | -43 | -5 | -1 |
| Capex | 1 | 0 | 0 | 0 | 0 |
| Free cash flow | -2 | 754 | -353 | -363 | -605 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 110.7% | 11.8% | 5.1% | 18.3% |
| ROCE % | – | 86.9% | 4.3% | 6.0% | 21.9% |
| Debtor days | – | 42 | 26,845 | 16,152 | 2,573 |
| Inventory days | – | 0 | 164 | 49 | 0 |
| Payable days | – | 37 | 1,53,948 | 32,497 | 2,41,437 |
| Cash conversion cycle (days) | – | 5 | -1,26,939 | -16,296 | -2,38,864 |
| Working capital days | – | 111 | 77,176 | 1,58,325 | 1,65,857 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 89.93% |
| FIIs | 0.07% |
| DIIs | 1.78% |
| of which Mutual funds | 0.07% |
| of which Insurance | 1.71% |
| Government | 0.00% |
| Public (non-institutions) | 8.22% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 89.93% | 89.93% | 89.93% | 89.93% | 89.93% | 89.93% | 89.93% | 89.93% |
| Promoter group | % |
|---|---|
| President of India | 89.93% |
| Public holders above 1% | % |
|---|---|
| Life Insurance Corporation of India | 1.60% |
3,48,913 shareholders. Pledged: 0.00% of promoter shares.
Peers in Trading & Distributors
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| REDINGTON | ₹28,671 cr | 16.9x | 2.8x | 18.0% | 18.4% | 1.9% | +14.5% | 1.85% |
| MMTC | ₹7,599 cr | 17.0x | 3.6x | 23.4% | 25.6% | 10,805.5% | -90.1% | – |
| MSTCLTD | ₹4,097 cr | 17.5x | 4.5x | 28.5% | 30.1% | 61.1% | -20.0% | 1.30% |
| CNL | ₹1,607 cr | 24.7x | 4.4x | 22.4% | 16.3% | 3.6% | +25.2% | 0.05% |
| BNAGROCHEM | ₹1,267 cr | 45.5x | 2.7x | 4.0% | 0.7% | -0.5% | – | – |
| YSL | ₹757 cr | 8.3x | 0.6x | 7.1% | 0.3% | 2.1% | +0.3% | 2.03% |
| SHIVAUM | ₹738 cr | 64.9x | 6.1x | 10.2% | 11.3% | 3.1% | – | – |
| STCINDIA | ₹594 cr | 0.9x | 1.0x | 228.5% | 108.2% | – | – | – |
| PERVASIVE | ₹587 cr | 0.1x | 6.5x | -0.2% | -0.1% | -0.9% | – | – |
| MRCAGRO | ₹556 cr | 388.4x | 10.4x | 4.0% | 3.6% | 1.7% | +138.2% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| g) Others | ₹3 cr | 77.1% | ₹2 cr | 57.4% |
| a) Precious Metals | ₹1 cr | 21.4% | ₹0 cr | 50.7% |
| f) Fertilizer | ₹0 cr | 1.5% | ₹0 cr | 100.0% |
| b) Metals | ₹0 cr | – | ₹0 cr | – |
| c) Minerals | ₹0 cr | – | ₹0 cr | – |
| d) Coal & Hydrocarbon | ₹0 cr | – | ₹0 cr | – |
| e) Agro Products | ₹0 cr | – | ₹0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2023-11-15 | Other | Annual General Meeting |
| 2022-12-01 | Other | Annual General Meeting |
| 2021-12-09 | Other | Annual General Meeting |
| 2020-12-15 | Other | Annual General Meeting |
| 2019-09-19 | Dividend | Annual General Meeting/Dividend - Rs 0.30 Per Share |
| 2018-09-12 | Dividend | Annual General Meeting/Dividend Re 0.20 Per Share |
| 2018-05-03 | Bonus | Bonus 1:2 |
| 2017-09-14 | Dividend | Annual General Meeting/Dividend - Re 0.30 Per Share |
| 2016-09-15 | Dividend | Annual General Meeting/Dividend - Re 0.30 Per Share |
| 2015-09-16 | Dividend | Annual General Meeting/ Dividend - Re 0.25/- Per Share |
| 2014-09-10 | Dividend | Annual General Meeting / Fianl Dividend - Re 0.15/- Per Share |
| 2013-09-05 | Dividend | Annual General Meeting / Final Dividend - Re 0.10/- Per Share |
| 2012-09-13 | Dividend | Annual General Meeting And Dividend Re.0.25 Per Share |
| 2011-09-14 | Dividend | Annual General Meeting And Dividend Re.0.25 Per Share |
| 2010-09-08 | Dividend | Annual General Meeting And Dividend Re.0.90 Per Share |
| 2010-07-29 | Split | Bonus 1:1 And Face Value Split From Rs.10 To Re.1 |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Wind Energy Generation: A 15MW Capacity Wind Mill project with 25 Wind Energy generators were set up by MMTC Limited in March 2007 at Gajendragad in Karnataka.
| Sector | Services |
| Industry | Trading & Distributors |
| Sub-industry | Trading & Distributors |
| Symbol | MMTC |
| BSE code | 513377 |
| ISIN | INE123F01029 |
| Face value | ₹1.0 |
| Incorporated | 1963-09-26 |
| Website | www.mmtclimited.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.