MMTC Ltd
MMTC, a public sector undertaking, was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. It is under the administrative control of the Ministry of Commerce & Industry, and Government of India and is engaged in trading across minerals, metals, precious metals, agro products, fertilizers & chemicals and coal & hydrocarbons. [1]
- Market Cap ₹ 8,428 Cr.
- Current Price ₹ 56.2
- High / Low ₹ 132 / 42.6
- Stock P/E 52.8
- Book Value ₹ 11.5
- Dividend Yield 0.00 %
- ROCE 9.23 %
- ROE 9.97 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -83.7% over past five years.
- Tax rate seems low
- Earnings include an other income of Rs.318 Cr.
- Company has high debtors of 42,537 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Trading Industry: Trading
Part of BSE PSU Nifty 500 BSE CPSE BSE SmallCap BSE 250 SmallCap Index
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
32,885 | 28,142 | 23,931 | 12,607 | 11,825 | 16,450 | 29,439 | 26,304 | 30,000 | 11,795 | 3,527 | 3 | 3 | |
32,808 | 28,001 | 23,931 | 12,668 | 11,937 | 16,428 | 29,256 | 26,436 | 30,045 | 11,338 | 3,634 | 165 | 147 | |
Operating Profit | 78 | 141 | 0 | -62 | -112 | 23 | 183 | -132 | -45 | 457 | -107 | -162 | -144 |
OPM % | 0% | 0% | 0% | -0% | -1% | 0% | 1% | -0% | -0% | 4% | -3% | -4,800% | -4,652% |
77 | 31 | 168 | 5 | 136 | 49 | 36 | -8 | -859 | -126 | 2,000 | 368 | 318 | |
Interest | 253 | 87 | 40 | 31 | 23 | 18 | 68 | 144 | 203 | 225 | 122 | 1 | 1 |
Depreciation | 17 | 17 | 24 | 6 | 7 | 5 | 6 | 6 | 6 | 5 | 5 | 4 | 4 |
Profit before tax | -116 | 67 | 105 | -94 | -6 | 48 | 146 | -291 | -1,112 | 101 | 1,766 | 200 | 169 |
Tax % | -46% | 11% | 26% | 3% | 435% | 21% | 25% | 0% | -29% | 355% | 12% | 4% | |
-111 | -18 | -42 | -97 | -30 | 38 | 109 | -292 | -789 | -258 | 1,562 | 192 | 154 | |
EPS in Rs | -0.74 | -0.12 | -0.28 | -0.64 | -0.20 | 0.25 | 0.72 | -1.94 | -5.26 | -1.72 | 10.42 | 1.28 | 1.03 |
Dividend Payout % | -9% | -83% | -59% | -31% | -101% | 80% | 41% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -59% |
5 Years: | -84% |
3 Years: | -95% |
TTM: | -100% |
Compounded Profit Growth | |
---|---|
10 Years: | 19% |
5 Years: | 5% |
3 Years: | 20% |
TTM: | 68% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | 31% |
3 Years: | 8% |
1 Year: | -24% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 100 | 100 | 100 | 100 | 100 | 100 | 150 | 150 | 150 | 150 | 150 | 150 | 150 |
Reserves | 1,392 | 1,350 | 1,264 | 1,168 | 1,101 | 1,103 | 1,119 | 733 | -50 | -298 | 1,262 | 1,476 | 1,570 |
1,679 | 558 | 436 | 273 | 440 | 519 | 961 | 3,850 | 2,422 | 2,626 | 203 | 159 | 156 | |
3,726 | 3,050 | 4,499 | 2,117 | 4,207 | 3,450 | 2,150 | 1,677 | 2,952 | 2,306 | 2,064 | 1,902 | 1,896 | |
Total Liabilities | 6,897 | 5,058 | 6,300 | 3,659 | 5,848 | 5,172 | 4,380 | 6,410 | 5,474 | 4,783 | 3,678 | 3,687 | 3,773 |
164 | 146 | 122 | 57 | 57 | 52 | 49 | 49 | 42 | 38 | 34 | 29 | 27 | |
CWIP | 126 | 142 | 153 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 473 | 432 | 275 | 214 | 247 | 128 | 147 | 80 | 82 | 102 | 127 | 276 | 301 |
6,135 | 4,338 | 5,749 | 3,386 | 5,544 | 4,992 | 4,184 | 6,282 | 5,350 | 4,643 | 3,517 | 3,382 | 3,446 | |
Total Assets | 6,897 | 5,058 | 6,300 | 3,659 | 5,848 | 5,172 | 4,380 | 6,410 | 5,474 | 4,783 | 3,678 | 3,687 | 3,773 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
681 | 71 | -178 | -54 | 273 | -455 | -367 | -2,588 | 1,704 | -0 | 754 | -353 | |
250 | 127 | 85 | 87 | -68 | 117 | 9 | -58 | 11 | 3 | 1,959 | 198 | |
-2,158 | -1,217 | -178 | -119 | 110 | 26 | 339 | 2,689 | -1,634 | -5 | -2,547 | -43 | |
Net Cash Flow | -1,228 | -1,019 | -271 | -86 | 315 | -312 | -19 | 42 | 80 | -3 | 166 | -198 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 21 | 23 | 46 | 24 | 16 | 8 | 5 | 28 | 10 | 12 | 42 | 42,537 |
Inventory Days | 11 | 4 | 5 | 13 | 78 | 41 | 4 | 3 | 1 | 1 | 0 | 164 |
Days Payable | 29 | 21 | 53 | 29 | 23 | 25 | 15 | 10 | 13 | 18 | 37 | 153,948 |
Cash Conversion Cycle | 3 | 6 | -1 | 7 | 71 | 23 | -6 | 22 | -2 | -5 | 5 | -111,246 |
Working Capital Days | 7 | 7 | 10 | 22 | 17 | 28 | 22 | 57 | 19 | 58 | -8 | -4,857 |
ROCE % | 9% | 14% | 6% | -8% | -5% | 4% | 11% | -3% | -1% | 19% | 23% | 9% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
2d - Shri Nitin Kumar Yadav appointed CMD of MMTC Ltd for one year from April 2025.
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Announcement under Regulation 30 (LODR)-Change in Directorate
25 Apr - CMD Shri Hardeep Singh's term expires on 26 April 2025 at MMTC Limited.
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Announcement under Regulation 30 (LODR)-Change in Directorate
25 Apr - Shri Dinesh Dubey appointed as Independent Director of MMTC Limited for one year from 25-Apr-2025.
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Clarification- Significant Increase In The Volume Of The MMTC LIMITED Security
25 Apr - MMTC clarifies no material event caused recent significant increase in share trading volume.
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Clarification sought from MMTC Ltd
25 Apr - Exchange has sought clarification from MMTC Ltd on April 25, 2025, with reference to Movement in Volume.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
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Financial Year 2011
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Business Verticals
Agro Products: The Co is an established supplier/buyer having over 3 decades of experience in the trade of wheat, rice, maize, sugar etc. [1]
Fertilizers: It is engaged in import of finished, intermediate and raw fertilizers and handles about 3 to 4 million tonnes of fertilizers. [2]
Metals & Industrial Raw Materials: Trading of non ferrous metals like copper, zinc etc and Industrial Raw Materials like Brown Fused Alumina, White Fused Alumina, Ferroalloys etc. [3]
Minerals: Trading of Iron ore Fines & Lumps, Chrome Ore, Chrome Concentrate, Manganese Ore and other items. [4]
Precious Metals: The Co is an authorized agency of the Government of India for import of gold, silver, platinum, palladium, rough diamonds, emeralds, rubies and other semi-precious stones. [5]