Is MMTC overvalued or undervalued?

As of October 29, 2021, MMTC is considered overvalued and risky, with a high PE ratio of 119.39, a negative EV to EBITDA ratio, and low ROE of 5.44%, indicating inefficiency compared to peers like PTC India, despite strong historical returns.

As of 29 October 2021, the valuation grade for MMTC has moved from very expensive to risky. Based on the analysis, MMTC appears to be overvalued. The company's PE ratio stands at an exceptionally high 119.39, while its EV to EBITDA ratio is -70.04, indicating significant concerns regarding profitability. Additionally, the ROE is relatively low at 5.44%, which further highlights the company's inefficiency in generating returns for shareholders.<BR><BR>In comparison to its peers, MMTC's valuation metrics are starkly higher; for instance, Elitecon International has a PE ratio of 131.08 and an EV to EBITDA of 132.27, while PTC India, which is classified as very attractive, has a PE ratio of just 9.02 and an EV to EBITDA of 4.14. This stark contrast suggests that MMTC is not only overvalued relative to its peers but also carries a higher risk profile. Notably, while MMTC has shown strong returns over the past five years at 338.06%, it has underperformed the Sensex in the last year, which may further reinforce concerns about its current valuation.

Who are the top shareholders of the MMTC?

The top shareholder of MMTC is the President of India, holding 89.93% of the shares. Other shareholders include the Life Insurance Corporation of India with 1.66%, individual investors at 7.43%, and various mutual funds and foreign institutional investors collectively holding a small percentage.

The top shareholders of MMTC include the President of India, who holds a significant 89.93% of the shares, making them the largest shareholder. Other notable shareholders include Life Insurance Corporation of India, which holds 1.66%, and individual investors collectively owning 7.43%. Additionally, there are 13 mutual fund schemes holding a total of 0.05% and 9 foreign institutional investors (FIIs) with a combined holding of 0.16%.

What does MMTC do?

MMTC Ltd. is a Mini-Ratna Public Sector Undertaking in India, primarily engaged in trading and distribution. As of March 2025, it reported net sales of 0 Cr and a net profit of 2 Cr, with a market cap of Rs 11,027 Cr.

Overview:<BR>MMTC Ltd. is a Mini-Ratna Public Sector Undertaking engaged in trading and distribution, classified as a mid-cap company.<BR><BR>History:<BR>Incorporated on 26th September 1963, MMTC has maintained its status as a public sector undertaking under the Ministry of Commerce & Industry, Government of India. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 11,027 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 123.00 <BR>Industry P/E: 30 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.79 <BR>Return on Equity: 5.44% <BR>Price to Book: 6.71 <BR><BR>Contact Details:<BR>Address: Core - 1 Scope Complex, 7 Institutional Area Lodhi Rd New Delhi New Delhi : 110003 <BR>Tel: 91-011-24361889/24362200 <BR>Email: ganarayanan@mmtclimited.gov.in/mmtc <BR>Website: http://www.mmtclimited.com

What is the bonus history of the MMTC?

MMTC has issued bonuses twice: a 1:2 bonus on May 3, 2018, and a 1:1 bonus on July 29, 2010, demonstrating its commitment to rewarding shareholders.

MMTC has a history of bonus issues that includes two notable instances. The most recent bonus was a 1:2 issue, which was announced with an ex-date of May 3, 2018, and the record date was May 4, 2018. Prior to that, MMTC issued a 1:1 bonus on July 30, 2010, with an ex-date of July 29, 2010. This reflects MMTC's approach to rewarding its shareholders through bonus shares over the years.

Has MMTC declared dividend?

Yes, MMTC Ltd. has declared a 30% dividend, amounting to 0.3 per share, with an ex-date of September 19, 2019. However, the current dividend yield is 0%, and total returns have varied significantly over different periods, showing substantial price appreciation over the long term.

MMTC Ltd. has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 0.3<BR>- Ex-date: 19 Sep 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -11.71%, with a dividend return of 0%, resulting in a total return of -11.71%.<BR><BR>For the 1-year period, the price return was 8.45%, the dividend return was 0%, leading to a total return of 8.45%.<BR><BR>Over the 2-year period, the price return was 142.9%, with a dividend return of 0%, which resulted in a total return of 142.9%.<BR><BR>In the 3-year period, the price return was 81.23%, the dividend return was 0%, culminating in a total return of 81.23%.<BR><BR>For the 4-year period, the price return was 25.86%, with a dividend return of 0%, resulting in a total return of 25.86%.<BR><BR>In the 5-year period, the price return was 362.12%, with a dividend return of 0%, leading to a total return of 362.12%.<BR><BR>Overall, while MMTC Ltd. declared a dividend in the past, the current dividend yield is 0%. The total returns over various periods indicate significant price appreciation, particularly over the longer term, despite the absence of recent dividends.

Who are the peers of the MMTC?

MMTC's peers include Redington, MSTC, Ravindra Energy, Polo Queen Ind., BN Holdings, Vintage Coffee, Oswal Agro Mills, and Yamuna Syndicate. Redington shows excellent management and growth, while MMTC has average management risk and below-average growth, with a 1-year return of 6.42%.

Peers: The peers of MMTC are Redington, MSTC, Ravindra Energy, Polo Queen Ind., BN Holdings, Vintage Coffee, Oswal Agro Mills, and Yamuna Syndicate.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC and MSTC. Below Average management risk is present at Ravindra Energy, Polo Queen Ind., BN Holdings, Vintage Coffee, Oswal Agro Mills, and Yamuna Syndicate. Growth is Excellent at Redington and Vintage Coffee, Good at Polo Queen Ind., while MMTC and MSTC show Below Average growth, along with Ravindra Energy, BN Holdings, and Yamuna Syndicate. Capital Structure is Excellent at MSTC and Oswal Agro Mills, Good at Redington, and Below Average at MMTC, Ravindra Energy, Polo Queen Ind., BN Holdings, Vintage Coffee, and Yamuna Syndicate.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ravindra Energy at 142.31%, while MSTC has the lowest at -39.93%. MMTC's own 1-year return is 6.42%, which is higher than MSTC's but lower than Ravindra Energy's. Additionally, MSTC, Polo Queen Ind., BN Holdings, and Vintage Coffee have negative six-month returns.

Who are in the management team of MMTC?

As of March 2022, the management team of MMTC includes Hardeep Singh (Chairman & Managing Director), Rajiv Ranjan Sinha (Director Personnel), Kapil Kumar Gupta (Director Finance), J Ravi Shanker (Director Marketing), and several other directors and nominees, totaling a diverse group responsible for various functions within the company.

As of March 2022, the management team of MMTC includes the following individuals:<BR><BR>1. Hardeep Singh - Chairman & Managing Director<BR>2. Rajiv Ranjan Sinha - Director (Personnel)<BR>3. Kapil Kumar Gupta - Director (Finance)<BR>4. J Ravi Shanker - Director (Marketing)<BR>5. Ajay Kumar Mishra - Company Secretary & Compliance Officer<BR>6. Pradip Kumar Varma - Non Official Director<BR>7. Vipul Bansal - Nominee<BR>8. ARTI BHATNAGAR - Nominee (Government)<BR>9. Swadhinta Krishna - Independent Director<BR>10. Pradip Kumar Varma - Independent Director<BR>11. S Meenakshi - Independent Director<BR>12. Sriniwas Rao Maddi - Non Official Director<BR><BR>This team comprises a mix of directors with various responsibilities, including finance, marketing, and personnel management.

How big is MMTC?

As of 24th July, MMTC Ltd has a market capitalization of 10,409.00 Cr, with net sales of 2.69 Cr and a net profit of 86.63 Cr reported in the latest four quarters. Shareholder's funds are 1,625.68 Cr and total assets amount to 3,525.08 Cr as of March 2024.

As of 24th July, MMTC Ltd has a market capitalization of 10,409.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, MMTC reported net sales of 2.69 Cr and a net profit of 86.63 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with shareholder's funds amounting to 1,625.68 Cr and total assets of 3,525.08 Cr.

When is the next results date for MMTC?

The next results date for MMTC is 07 August 2025.

The next results date for MMTC is scheduled for 07 August 2025.

Are MMTC latest results good or bad?

MMTC's latest results show impressive growth, with a 91.2% increase in Profit After Tax and a 491.30% rise in net sales. However, the company's heavy reliance on non-operating income raises concerns about the sustainability of this growth, making the overall outlook mixed.

MMTC's latest results present a mixed picture. On one hand, the company has shown remarkable growth in certain areas, particularly with a Profit After Tax (PAT) of Rs 44.25 crore, which is a substantial increase of 91.2% compared to the average PAT from the previous four quarters. Additionally, the net sales experienced a dramatic growth of 491.30% compared to the previous quarter, indicating a strong upward trend in revenue generation.<BR><BR>However, there are significant concerns regarding the company's reliance on non-operating income, which accounted for 131.31% of its Profit Before Tax (PBT). This suggests that MMTC is heavily dependent on income from non-business activities, raising questions about the sustainability of its business model moving forward.<BR><BR>Overall, while the growth figures are impressive, the reliance on non-operating income and the flat financial performance score indicate that MMTC faces challenges that could impact its long-term viability. Therefore, the results can be seen as good in terms of growth but concerning regarding the sustainability of that growth.

How has been the historical performance of MMTC?

MMTC has experienced significant financial decline, with net sales dropping from 30,001.47 crore in March 2021 to 2.69 crore in March 2025, and operating losses increasing, despite a slight recovery in profit after tax to 69.53 crore in March 2025. Total liabilities and assets have also decreased, while cash flow from operations remains negative.

Answer:<BR>The historical performance of MMTC shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>MMTC's net sales have dramatically decreased from 30,001.47 crore in March 2021 to just 2.69 crore in March 2025. This decline is mirrored in total operating income, which fell from 30,001.47 crore in March 2021 to 2.69 crore in March 2025. The company has faced substantial operating losses, with operating profit (PBDIT) excluding other income showing a loss of 138.66 crore in March 2025, compared to a profit of 441.14 crore in March 2022. Profit before tax also reflects this downward trend, decreasing from 1,276.16 crore in March 2023 to 97.20 crore in March 2025. Despite these losses, profit after tax showed a slight recovery, reaching 69.53 crore in March 2025, up from 68.21 crore in March 2024. The company's total liabilities have decreased from 6,179.41 crore in March 2020 to 3,321.03 crore in March 2025, while total assets have similarly declined from 6,179.41 crore to 3,321.03 crore over the same period. Cash flow from operating activities has been negative, with a cash outflow of 362 crore in March 2025, indicating ongoing operational challenges. Overall, MMTC's financial performance has shown a significant decline in sales and profitability, alongside a reduction in liabilities and assets over the years.

Should I buy, sell or hold MMTC?

Is MMTC technically bullish or bearish?

As of November 24, 2025, MMTC's technical trend is mildly bearish, supported by bearish MACD and Bollinger Bands on weekly and monthly charts, despite some mixed signals from daily moving averages and KST indicators.

As of 24 November 2025, the technical trend for MMTC has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on the weekly and mildly bearish on the monthly time frames, while Bollinger Bands confirm a bearish outlook on both weekly and monthly charts. The Dow Theory also indicates a mildly bearish trend on both time frames. Although the daily moving averages show a mildly bullish signal, the overall sentiment remains bearish due to the prevailing trends in the longer time frames. The KST shows a bullish signal on the weekly but is bearish on the monthly, adding to the mixed signals. Overall, the bearish indicators outweigh the bullish ones, reinforcing the mildly bearish stance.

Which are the latest news on MMTC?

Why is MMTC falling/rising?

As of 03-Dec, MMTC Ltd's stock price is declining, currently at 58.63, with a total drop of -4.34% over the last five days. Contributing factors include trading below moving averages, reduced investor participation, significant operating losses, and low profitability, indicating a bearish trend and lack of confidence in the company's prospects.

As of 03-Dec, MMTC Ltd's stock price is falling, currently at 58.63, reflecting a change of -0.67 (-1.13%). The stock has been on a downward trend, having fallen consecutively for the last five days, resulting in a total decline of -4.34% over that period. This underperformance is evident as it has also lagged behind the broader market, underperforming the Sensex, which has only decreased by -0.59% in the same week.<BR><BR>Several factors contribute to this decline. The stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by -13.81% compared to the 5-day average, suggesting reduced interest from investors.<BR><BR>Financially, MMTC is facing significant challenges. The company has reported operating losses and has a weak long-term fundamental strength, highlighted by a poor EBIT to Interest ratio of -0.80. Furthermore, the company's profitability is low, with a Return on Equity of only 8.47%. Recent financial results show a concerning trend, with a negative operating cash flow and a decline in profit after tax by -25.58% over the last six months. The inventory turnover ratio is also alarmingly low at 0.00 times, indicating inefficiencies in managing inventory.<BR><BR>Despite being the second-largest company in its sector, domestic mutual funds hold only a minimal stake of 0.53%, which may reflect a lack of confidence in the company's current valuation or business prospects. Overall, the combination of poor financial performance, declining investor interest, and underperformance relative to the market contributes to the stock's falling price.