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MMTC Overview

MMTC Ltd is a trading agency. The Company's segments comprises Precious Metals, Metals, Minerals, Coal & Hydrocarbon, Agro Products, Fertilizers and General Trade/Others. The Company is involved in the import of gold, silver, platinum, palladium, rough diamonds, emeralds, rubies and different semi-treasured stones. The Company has retail jewellery and its own branded Sterling Silverware (Sanchi) showrooms in various metro cities of India. It additionally materials branded hallmarked gold and studded jewellery. The Company sells imported non-fer...Read More

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MMTC Key Financials

Market Cap ₹10248 Cr.

Stock P/E 118.3

P/B 5.3

Current Price ₹68.3

Book Value ₹ 12.9

Face Value 1

52W High ₹88.2

Dividend Yield 0%

52W Low ₹ 50.1

MMTC Share Price

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Volume
Price

MMTC Quarterly Price

Show Value Show %

MMTC Peer Comparison

MMTC Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales -211 1 1 1 2 0 0 1 1 0
Other Income 43 63 64 138 43 35 44 70 37 34
Total Income -167 63 65 139 45 35 44 72 38 35
Total Expenditure -180 37 33 51 32 31 27 24 23 23
Operating Profit 13 26 32 87 13 5 17 47 15 11
Interest 1 -1 0 0 0 1 5 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1
Exceptional Income / Expenses 1 0 1 -44 28 0 2 0 378 -0
Profit Before Tax 12 26 31 42 39 3 13 46 392 10
Provision for Tax 1 3 -1 11 1 4 12 9 259 -1
Profit After Tax 11 23 32 32 38 -1 0 37 134 10
Adjustments 41 33 38 1 10 4 2 8 37 36
Profit After Adjustments 52 56 70 33 48 4 2 44 171 46
Adjusted Earnings Per Share 0.3 0.4 0.5 0.2 0.3 0 0 0.3 1.1 0.3

MMTC Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 23932 12608 11827 16451 29440 26305 30001 11796 3528 5 3 2
Other Income 146 106 45 46 21 43 30 18 93 199 260 185
Total Income 24078 12714 11872 16497 29461 26348 30031 11814 3621 204 263 189
Total Expenditure 23931 12685 11851 16428 29256 26367 30055 11336 3633 167 141 97
Operating Profit 146 29 21 69 205 -20 -24 478 -12 37 122 90
Interest 41 32 24 18 69 149 206 228 124 1 6 5
Depreciation 24 6 7 5 6 7 6 5 5 4 5 4
Exceptional Income / Expenses 23 65 91 -8 -10 -44 -877 -155 1417 45 -14 380
Profit Before Tax 105 -94 -6 48 146 -291 -1112 101 1766 200 114 461
Provision for Tax 27 3 24 10 37 1 -323 359 204 8 28 279
Profit After Tax 78 -97 -30 38 109 -292 -789 -258 1562 192 87 181
Adjustments -120 -1 0 0 0 0 0 0 0 9 0 83
Profit After Adjustments -42 -97 -30 38 109 -292 -789 -258 1562 202 87 263
Adjusted Earnings Per Share -0.3 -0.6 -0.2 0.3 0.7 -1.9 -5.3 -1.7 10.4 1.3 0.6 1.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -40% -94% -84% -59%
Operating Profit CAGR 230% -37% 0% -2%
PAT CAGR -55% 0% 0% 1%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 27% 32% 12% 10%
ROE Average 5% 88% 21% 8%
ROCE Average 7% 37% 20% 10%

MMTC Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1364 1268 1201 1203 1269 883 100 -148 1412 1626 1702
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 50 0 0 0 0 167 0 0 0 0 0
Other Non-Current Liabilities -19 -52 -45 -51 -42 -180 -508 -173 -106 -129 -128
Total Current Liabilities 4681 2211 4459 3786 2923 5309 5326 4890 2217 2029 1747
Total Liabilities 6077 3428 5615 4937 4149 6179 4918 4569 3523 3525 3321
Fixed Assets 122 57 53 48 45 45 38 35 30 26 22
Other Non-Current Assets 547 482 374 227 225 162 162 178 205 341 386
Total Current Assets 5408 2888 5189 4662 3879 5965 4711 4356 3288 3158 2914
Total Assets 6077 3428 5615 4937 4149 6179 4918 4569 3523 3525 3321

MMTC Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 702 133 48 363 51 33 75 155 152 319 121
Cash Flow from Operating Activities -178 -53 273 -455 -367 -2588 1704 -0 754 -353 -363
Cash Flow from Investing Activities 85 87 -68 117 9 -58 11 3 1959 198 278
Cash Flow from Financing Activities -178 -119 110 26 339 2689 -1634 -5 -2547 -43 -6
Net Cash Inflow / Outflow -271 -86 315 -312 -19 42 80 -3 166 -198 -91
Closing Cash & Cash Equivalent 431 48 363 51 33 75 155 152 319 121 30

MMTC Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.28 -0.65 -0.2 0.25 0.72 -1.95 -5.26 -1.72 10.42 1.34 0.58
CEPS(Rs) 0.68 -0.6 -0.15 0.29 0.76 -1.9 -5.22 -1.69 10.45 1.31 0.61
DPS(Rs) 0.17 0.2 0.2 0.2 0.3 0 0 0 0 0 0
Book NAV/Share(Rs) 9.1 8.46 8 8.02 8.46 5.89 0.66 -0.99 9.41 10.84 11.35
Core EBITDA Margin(%) 0 -0.61 -0.2 0.14 0.63 -0.24 -0.18 3.9 -2.98 -3029.03 -5140.89
EBIT Margin(%) 0.61 -0.49 0.16 0.4 0.73 -0.54 -3.02 2.79 53.57 3773.22 4463.2
Pre Tax Margin(%) 0.44 -0.74 -0.05 0.29 0.5 -1.11 -3.71 0.86 50.06 3745.32 4249.07
PAT Margin (%) 0.32 -0.77 -0.25 0.23 0.37 -1.11 -2.63 -2.19 44.28 3598.88 3220.45
Cash Profit Margin (%) 0.42 -0.72 -0.19 0.26 0.39 -1.08 -2.61 -2.14 44.43 3680.15 3388.1
ROA(%) 1.42 -2.03 -0.66 0.71 2.39 -5.65 -14.22 -5.44 38.61 5.45 2.53
ROE(%) 5.52 -7.34 -2.41 3.12 8.8 -27.11 -160.55 0 247.26 12.65 5.21
ROCE(%) 7.64 -3.69 1.15 3.93 10.85 -4.07 -24.99 13.18 92.62 11.9 6.9
Receivable days 36.5 55.96 20.54 9.59 4.85 17.17 17.53 19.12 41.7 0 0
Inventory Days 4.96 10.64 42.72 45.24 12.34 3.45 1.6 1.17 1.6 51.61 48.85
Payable days 37.63 66.54 26.66 20.98 14.33 13.03 10.62 26.23 47.2 0 0
PER(x) 0 0 0 148.34 38.63 0 0 0 2.68 49.41 90.42
Price/Book(x) 3.57 2.95 5.16 4.63 3.31 2.1 63.77 -44.72 2.96 6.13 4.6
Dividend Yield(%) 0.51 0.8 0.48 0.54 1.07 0 0 0 0 0 0
EV/Net Sales(x) 0.2 0.3 0.52 0.36 0.17 0.21 0.28 0.77 0.86 1645.47 2414.18
EV/Core EBITDA(x) 33.44 134.34 293.22 86.7 24.53 -278.07 -358.01 18.92 -254.6 235.95 53.32
Net Sales Growth(%) -14.96 -47.32 -6.19 39.1 78.95 -10.65 14.05 -60.68 -70.09 -99.85 -49.63
EBIT Growth(%) -6.05 -142.39 129.75 260.27 224.37 -166.12 -538.94 136.32 474.42 -89.34 -40.41
PAT Growth(%) 30.62 -224.38 69.22 226.08 189.77 -368.35 -170.53 67.28 705.02 -87.7 -54.92
EPS Growth(%) -133.86 -129.41 69.46 226.06 189.8 -368.35 -170.53 67.28 705 -87.1 -57.03
Debt/Equity(x) 0.32 0.22 0.37 0.43 0.76 4.36 24.24 -17.7 0.14 0.09 0
Current Ratio(x) 1.16 1.31 1.16 1.23 1.33 1.12 0.88 0.89 1.48 1.56 1.67
Quick Ratio(x) 1.08 1.12 0.63 0.78 1.23 1.08 0.88 0.88 1.48 1.56 1.67
Interest Cover(x) 3.59 -1.92 0.77 3.6 3.13 -0.95 -4.39 1.44 15.25 135.23 20.84
Total Debt/Mcap(x) 0.09 0.07 0.07 0.09 0.23 2.08 0.38 0.4 0.05 0.02 0

MMTC Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 89.93 89.93 89.93 89.93 89.93 89.93 89.93 89.93 89.93 89.93
FII 0 0.15 0.02 0.09 0.11 0.16 0.11 0.09 0.02 0.13
DII 2.43 2.7 2.67 2.14 1.86 1.87 1.87 1.85 1.76 1.77
Public 7.64 7.22 7.39 7.84 8.1 8.05 8.09 8.13 8.29 8.17
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

MMTC News

MMTC Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 88%
  • Company is almost debt free.

Cons

  • Stock is trading at 5.3 times its book value.
  • Earnings include an other income of Rs. 260 Cr.
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