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 ₹ 4,194 Cr.
- Current Price ₹ 28.0
- High / Low ₹ 55.3 / 26.4
- Stock P/E 9.14
- Book Value ₹ 8.68
- Dividend Yield 0.00 %
- ROCE 19.2 %
- ROE %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 3.22 times its book value
- The company has delivered a poor sales growth of -0.05% over past five years.
- Earnings include an other income of Rs.1,987 Cr.
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
69,613 | 67,022 | 32,885 | 28,142 | 23,931 | 12,607 | 11,825 | 16,450 | 29,439 | 26,304 | 30,000 | 11,795 | 5,076 | |
69,516 | 66,974 | 32,808 | 28,001 | 23,931 | 12,668 | 11,937 | 16,428 | 29,256 | 26,436 | 30,045 | 11,338 | 4,653 | |
Operating Profit | 97 | 48 | 78 | 141 | 0 | -62 | -112 | 23 | 183 | -132 | -45 | 457 | 422 |
OPM % | 0% | 0% | 0% | 0% | 0% | -0% | -1% | 0% | 1% | -0% | -0% | 4% | 8% |
499 | 608 | 77 | 31 | 168 | 5 | 136 | 49 | 36 | -8 | -859 | -126 | 1,987 | |
Interest | 399 | 593 | 253 | 87 | 40 | 31 | 23 | 18 | 68 | 144 | 203 | 225 | 171 |
Depreciation | 14 | 14 | 17 | 17 | 24 | 6 | 7 | 5 | 6 | 6 | 6 | 5 | 5 |
Profit before tax | 184 | 49 | -116 | 67 | 105 | -94 | -6 | 48 | 146 | -291 | -1,112 | 101 | 2,232 |
Tax % | 39% | 13% | 46% | 11% | 26% | -3% | -435% | 21% | 25% | -0% | 29% | 360% | |
Net Profit | 26 | 57 | -111 | -18 | -42 | -97 | -30 | 38 | 109 | -292 | -789 | -262 | 1,671 |
EPS in Rs | 0.17 | 0.38 | -0.74 | -0.12 | -0.28 | -0.64 | -0.20 | 0.25 | 0.72 | -1.94 | -5.26 | -1.75 | 11.14 |
Dividend Payout % | 96% | 44% | -9% | -83% | -59% | -31% | -101% | 80% | 41% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -16% |
5 Years: | 0% |
3 Years: | -26% |
TTM: | -73% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 1157% |
Stock Price CAGR | |
---|---|
10 Years: | -14% |
5 Years: | -5% |
3 Years: | 31% |
1 Year: | -37% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 150 | 150 | 150 | 150 | 150 | |
Reserves | 1,467 | 1,596 | 1,392 | 1,350 | 1,264 | 1,168 | 1,101 | 1,103 | 1,119 | 733 | -50 | -298 | 1,152 |
6,225 | 3,558 | 1,679 | 558 | 436 | 273 | 440 | 519 | 961 | 3,850 | 2,422 | 2,626 | 145 | |
11,988 | 5,581 | 3,726 | 3,050 | 4,499 | 2,117 | 4,207 | 3,450 | 2,150 | 1,677 | 2,952 | 2,306 | 2,163 | |
Total Liabilities | 19,780 | 10,835 | 6,897 | 5,058 | 6,300 | 3,659 | 5,848 | 5,172 | 4,380 | 6,410 | 5,474 | 4,783 | 3,611 |
128 | 151 | 164 | 146 | 122 | 57 | 57 | 52 | 49 | 49 | 42 | 38 | 36 | |
CWIP | 134 | 118 | 126 | 142 | 153 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 518 | 608 | 473 | 432 | 275 | 214 | 247 | 128 | 147 | 80 | 82 | 102 | 108 |
19,000 | 9,959 | 6,135 | 4,338 | 5,749 | 3,386 | 5,544 | 4,992 | 4,184 | 6,282 | 5,350 | 4,643 | 3,467 | |
Total Assets | 19,780 | 10,835 | 6,897 | 5,058 | 6,300 | 3,659 | 5,848 | 5,172 | 4,380 | 6,410 | 5,474 | 4,783 | 3,611 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-168 | -1,242 | 681 | 71 | -178 | -54 | 273 | -455 | -367 | -2,588 | 1,704 | -0 | |
290 | 642 | 250 | 127 | 85 | 87 | -68 | 117 | 9 | -58 | 11 | 3 | |
535 | -3,286 | -2,158 | -1,217 | -178 | -119 | 110 | 26 | 339 | 2,689 | -1,634 | -5 | |
Net Cash Flow | 657 | -3,886 | -1,228 | -1,019 | -271 | -86 | 315 | -312 | -19 | 42 | 80 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 14 | 15 | 21 | 23 | 46 | 24 | 16 | 8 | 5 | 28 | 10 | 12 |
Inventory Days | 4 | 5 | 11 | 4 | 5 | 13 | 78 | 41 | 4 | 3 | 1 | 1 |
Days Payable | 19 | 19 | 29 | 21 | 53 | 29 | 23 | 25 | 15 | 10 | 13 | 18 |
Cash Conversion Cycle | -2 | 2 | 3 | 6 | -1 | 7 | 71 | 23 | -6 | 22 | -2 | -5 |
Working Capital Days | 1 | 8 | 7 | 7 | 10 | 22 | 17 | 28 | 22 | 57 | 19 | 58 |
ROCE % | 8% | 11% | 9% | 14% | 6% | -8% | -5% | 4% | 11% | -3% | -1% | 19% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Directorate
27 Feb - Ms Arti Bhatnagar, AS&FA, MOC&I is appointed as Govt. Nominee Director on the Board of MMTC Ltd vide order dtd 24.02.2023 ofMOC&I vice Shri Shashank …
- Unaudited Financial Results & Limited Review Report For The Quarter Ended On 31St December, 2022 Pursuant To Regulation 33 Of SEBI(LODR) Regulations, 2015. 13 Feb
- Board Meeting Intimation for Intimation Regarding Board Meeting To Be Held On 13Rd Feb 2023 To Consider And Approve Unaudited Financial Results For The Quarter Ended On 31St Dec 2022. 6 Feb
-
Disclosure Under Regulation 30 Of SEBI(LODR) Regulations, 2015- General Update.
25 Jan - In terms of Notification No.60/2022 dated 10.01.2023 issued by the Office of the Commissioner of Customs(General), Mumbai w.e.f. 1st February, 2023, M/s Diamond & Gem …
-
Announcement under Regulation 30 (LODR)-Resignation of Director
24 Jan - As per term of appointment of Dr ( Mrs ) Swadhinta Krishna , Independent Director on the Board of MMTC Ltd on the Board of …
Annual reports
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2013
from nse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
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]