Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | -210 | 1 | 1 | 1 | 2 | 0 | 0 | 1 | 1 | 0 | 1 | 1 |
| Expenses | -180 | 37 | 33 | 51 | 32 | 31 | 27 | 24 | 23 | 23 | 114 | 21 |
| Operating Profit | -30 | -36 | -33 | -51 | -30 | -31 | -27 | -23 | -22 | -23 | -113 | -20 |
| OPM % | -4,982% | -5,123% | -7,788% | -1,938% | -12,224% | -12,971% | -1,699% | -2,005% | -6,768% | -18,605% | -2,969% | |
| Other Income | 86 | 95 | 103 | 95 | 81 | 39 | 48 | 78 | 453 | 70 | 226 | 156 |
| Interest | 1 | -1 | 0 | 0 | 0 | 1 | 5 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 |
| Profit before tax | 54 | 59 | 69 | 43 | 49 | 7 | 14 | 53 | 430 | 46 | 110 | 135 |
| Tax % | 3% | 6% | -1% | 25% | 3% | 49% | 85% | 17% | 60% | -1% | -15% | 23% |
| Net Profit | 52 | 56 | 70 | 33 | 48 | 4 | 2 | 44 | 171 | 46 | 126 | 104 |
| EPS in Rs | 0.35 | 0.37 | 0.47 | 0.22 | 0.32 | 0.02 | 0.01 | 0.30 | 1.14 | 0.31 | 0.84 | 0.69 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12,607 | 11,825 | 16,450 | 29,439 | 26,304 | 30,000 | 11,795 | 3,527 | 3 | 1 | 2 | 3 |
| Expenses | 12,668 | 11,937 | 16,428 | 29,256 | 26,436 | 30,045 | 11,338 | 3,634 | 165 | 139 | 184 | 181 |
| Operating Profit | -62 | -112 | 23 | 183 | -132 | -45 | 457 | -107 | -162 | -138 | -181 | -179 |
| OPM % | -0.5% | -0.9% | 0.1% | 0.6% | -0.5% | -0.1% | 3.9% | -3.0% | -4,800% | -11,820% | -8,520% | -6,547% |
| Other Income | 5 | 136 | 49 | 36 | -8 | -859 | -126 | 2,000 | 368 | 258 | 826 | 904 |
| Interest | 31 | 23 | 18 | 68 | 144 | 203 | 225 | 122 | 1 | 1 | 1 | 1 |
| Depreciation | 6 | 7 | 5 | 6 | 6 | 6 | 5 | 5 | 4 | 5 | 5 | 5 |
| Profit before tax | -94 | -6 | 48 | 146 | -291 | -1,112 | 101 | 1,766 | 200 | 114 | 639 | 720 |
| Tax % | 3% | 435% | 21% | 25% | 0% | -29% | 355% | 12% | 4% | 24% | 39% | |
| Net Profit | -97 | -30 | 38 | 109 | -292 | -789 | -258 | 1,562 | 192 | 87 | 387 | 447 |
| EPS in Rs | -0.64 | -0.20 | 0.25 | 0.72 | -1.94 | -5.26 | -1.72 | 10.42 | 1.28 | 0.58 | 2.58 | 2.98 |
| Dividend Payout % | -31% | -101% | 80% | 41% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -58% | -85% | -92% | -19% | ||
| Compounded Profit Growth | -11% | % | % | 184% | ||
| Stock Price CAGR | 7% | 5% | -1% | -12% | ||
| Return on Equity | % | % | 0% | -14% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 100 | 100 | 100 | 100 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 |
| Reserves | 1,264 | 1,168 | 1,101 | 1,103 | 1,119 | 733 | -50 | -298 | 1,262 | 1,476 | 1,552 | 1,971 |
| Borrowings | 436 | 273 | 440 | 519 | 961 | 3,850 | 2,422 | 2,626 | 203 | 159 | 2 | 2 |
| Other Liabilities | 4,499 | 2,117 | 4,207 | 3,450 | 2,150 | 1,677 | 2,952 | 2,306 | 2,064 | 1,902 | 1,774 | 673 |
| Total Liabilities | 6,300 | 3,659 | 5,848 | 5,172 | 4,380 | 6,410 | 5,474 | 4,783 | 3,678 | 3,687 | 3,478 | 2,796 |
| Fixed Assets | 122 | 57 | 57 | 52 | 49 | 49 | 42 | 38 | 34 | 29 | 24 | 19 |
| CWIP | 153 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 275 | 214 | 247 | 128 | 147 | 80 | 82 | 102 | 127 | 276 | 328 | 533 |
| Other Assets | 5,749 | 3,386 | 5,544 | 4,992 | 4,184 | 6,282 | 5,350 | 4,643 | 3,517 | 3,382 | 3,126 | 2,244 |
| Total Assets | 6,300 | 3,659 | 5,848 | 5,172 | 4,380 | 6,410 | 5,474 | 4,783 | 3,678 | 3,687 | 3,478 | 2,796 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -178 | -54 | 273 | -455 | -367 | -2,588 | 1,704 | -0 | 754 | -353 | -367 | -605 |
| Cash from Investing Activity | 85 | 87 | -68 | 117 | 9 | -58 | 11 | 3 | 1,959 | 198 | 278 | 579 |
| Cash from Financing Activity | -178 | -119 | 110 | 26 | 339 | 2,689 | -1,634 | -5 | -2,547 | -43 | -1 | -1 |
| Net Cash Flow | -271 | -86 | 315 | -312 | -19 | 42 | 80 | -3 | 166 | -198 | -90 | -27 |
| Free Cash Flow | -201 | -61 | 271 | -456 | -369 | -2,594 | 1,706 | -2 | 754 | -353 | -367 | -605 |
| CFO/OP | -53,291% | 77% | -287% | -1,973% | -186% | 1,943% | -3,748% | 0% | -873% | 221% | 249% | 288% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 46 | 24 | 16 | 8 | 5 | 28 | 10 | 12 | 42 | 42,537 | 37,136 | 4,120 |
| Inventory Days | 5 | 13 | 78 | 41 | 4 | 3 | 1 | 1 | 0 | 164 | 0 | |
| Days Payable | 53 | 29 | 23 | 25 | 15 | 10 | 13 | 18 | 37 | 153,948 | ||
| Cash Conversion Cycle | -1 | 7 | 71 | 23 | -6 | 22 | -2 | -5 | 5 | -111,246 | 37,136 | 4,120 |
| Working Capital Days | 5 | 14 | 3 | 16 | 10 | 6 | -10 | -23 | -28 | -21,522 | -53,664 | -40,983 |
| ROCE % | 6% | -8% | -5% | 4% | 11% | -3% | -1% | 19% | 23% | 9% | 8% | 9% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 89.93% | 89.93% | 89.93% | 89.93% | 89.93% | 89.93% | 89.93% | 89.93% | 89.93% | 89.93% | 89.93% | 89.93% |
| FIIs | 0.02% | 0.00% | 0.15% | 0.02% | 0.09% | 0.11% | 0.16% | 0.11% | 0.09% | 0.02% | 0.13% | 0.16% |
| DIIs | 2.52% | 2.43% | 2.70% | 2.66% | 2.15% | 1.86% | 1.87% | 1.87% | 1.84% | 1.77% | 1.77% | 1.78% |
| Public | 7.54% | 7.64% | 7.23% | 7.39% | 7.84% | 8.10% | 8.04% | 8.09% | 8.13% | 8.29% | 8.18% | 8.15% |
| No. of Shareholders | 2,63,645 | 3,02,066 | 3,48,800 | 3,42,548 | 3,79,581 | 3,78,682 | 3,78,376 | 3,99,746 | 3,84,099 | 3,76,773 | 3,65,864 | 3,55,989 |
Fundamentals
Market Cap₹ 8,514 Cr.
Current Price₹ 56.8
Stock P/E42.3
Book Value₹ 14.1
ROCE8.67 %
ROE-14.3 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-19%
Compounded Profit Growth (TTM)184%
Consolidated figures.
Valuation
Market capRs 8,444 Cr
Enterprise valueRs 6,657 Cr
P/E (TTM)18.87x
Price to book3.98x
Price to sales3092.86x
EV / EBITDA9.17x
EV / EBIT9.24x
EV / sales2438.55x
Earnings yield5.30%
P/E, 3-year average54.13x
P/B, 3-year average4.80x
P/E, 5-year average41.27x
P/B, 5-year average-5.46x
Profitability
Operating margin (excl. other income)-8519.72%
Operating margin (incl. other income)30268.08%
EBITDA margin26580.22%
Pre-tax margin26380.95%
Net profit margin16386.81%
Net margin, latest quarter15329.41%
ROE20.27%
ROCE33.42%
ROA12.35%
ROE, 3-year average12.71%
ROCE, 3-year average17.30%
ROA, 3-year average6.66%
ROE, 5-year average270.70%
ROCE, 5-year average31.44%
ROA, 5-year average10.38%
ROIC (approx.)130.73%
Tax rate39.34%
Other income / net worth38.96%
Growth
Sales growth (latest year)82.05%
Profit growth (latest year)347.17%
Sales CAGR, 3 years-91.55%
Sales CAGR, 5 years-85.20%
Profit CAGR, 3 years-37.18%
Sales growth QoQ11.48%
Profit growth QoQ-17.30%
Sales growth YoY (latest quarter)-50.00%
Profit growth YoY (latest quarter)135.52%
Per share
EPS (TTM)Rs 2.98
EPS (latest year)Rs 2.58
EPS (latest quarter)Rs 0.69
EPS, 3-year averageRs 1.48
EPS, 5-year averageRs 2.63
Book value per shareRs 14.14
Sales per shareRs 0.02
Cash flow per shareRs -4.04
Free cash flow per shareRs -4.03
Efficiency
Asset turnover0.00x
Fixed asset turnover0.11x
Debtor days4120 days
Debtors turnover0.09x
Creditor days153948 days
Cash conversion cycle4120 days
Working capital days-40983 days
Leverage
Total debtRs 2 Cr
Cash and bankRs 1,789 Cr
Net debtRs -1,786 Cr
Debt to equity0.00x
Net debt / EBITDA-2.46x
Interest coverage1181.66x
Current ratio (filing 2026-03-31)3.40x
Quick ratio (filing 2026-03-31)3.40x
Trade payables (filing 2026-03-31)Rs 238 Cr
Owners' fund to total sources75.85%
Debt to assets0.09%
Cash flow
Cash from Operating Activity (latest year)Rs -605 Cr
Cash from Investing Activity (latest year)Rs 579 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs -27 Cr
Free cash flow (latest year)Rs -605 Cr
FCFE (approx.: FCF + change in debt)Rs -605 Cr
Cash from ops / profit, 5 years-0.29x
Statement figures
Net sales (TTM)Rs 3 Cr
Net sales (latest year)Rs 2 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs -181 Cr
Operating profit (latest quarter)Rs -20 Cr
Other income (TTM)Rs 904 Cr
EBITDA (TTM)Rs 726 Cr
PBDT (TTM)Rs 725 Cr
Profit before tax (TTM)Rs 720 Cr
Tax (latest year)Rs 251 Cr
Net profit (TTM)Rs 447 Cr
Net profit (latest year)Rs 387 Cr
Net profit (latest quarter)Rs 104 Cr
Depreciation (TTM)Rs 5 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 10 Cr
Total expenditure (latest year)Rs 184 Cr
Total income (latest year)Rs 828 Cr
Share capitalRs 150 Cr
ReservesRs 1,971 Cr
Shareholders' fundsRs 2,121 Cr
Total assetsRs 2,796 Cr
Net blockRs 19 Cr
InvestmentsRs 533 Cr
ReceivablesRs 24 Cr
Other liabilitiesRs 673 Cr
Shares outstanding (crore)150.00
Ownership
Promoter holding89.93% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 18.9 is at the 20th percentile of its own 5.4-year range
(median 36.9, low 3.0, high 148.5).
P/B 3.98 is at the 28th percentile (median 5.11).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | MMTC | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.9% | -2.8% | -0.1 pts |
| 1 month | -9.7% | -6.8% | -2.9 pts |
| 3 months | -16.2% | -7.6% | -8.5 pts |
| 6 months | +8.0% | +0.4% | +7.6 pts |
| 1 year | -17.5% | -9.9% | -7.5 pts |
| 2 years | -40.3% | -13.6% | -26.8 pts |
| 3 years | -3.6% | +14.2% | -17.8 pts |
| 5 years | +24.8% | +27.9% | -3.1 pts |
27 mutual fund schemes hold about ₹5 Cr.
Over three months 4 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Nippon India Nifty Smallcap 250 Index Fund | 0.04% | 2 | +5% |
| Nippon India Nifty 500 Equal Weight Index Fund | 0.19% | 1 | +21% |
| SBI Nifty Smallcap 250 Index Fund | 0.04% | 1 | +5% |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 0.04% | 1 | +5% |
| ICICI Pru Nifty Smallcap 250 Index Fund | 0.04% | 0 | +5% |
| HDFC NIFTY Smallcap 250 Index Fund | 0.04% | 0 | +5% |
| JioBlackRock Nifty Smallcap 250 Index Fund | 0.04% | 0 | +5% |
| Motilal Oswal Nifty 500 Index Fund | 0.01% | 0 | -1% |
| Edelweiss Nifty Smallcap 250 Index Fund | 0.04% | 0 | +5% |
| Groww Nifty Smallcap 250 Index Fund | 0.04% | 0 | +5% |
| HDFC Nifty500 Multicap 50:25:25 Index Fund | 0.01% | 0 | +9% |
| Kotak Nifty Smallcap 250 Index Fund | 0.04% | 0 | +5% |
| SBI Nifty 500 Index Fund | 0.01% | 0 | -1% |
| Bandhan Nifty Smallcap 250 Index Fund | 0.04% | 0 | +5% |
| Groww Nifty Total Market Index Fund | 0.00% | 0 | |
| Axis Nifty 500 Index Fund | 0.01% | 0 | -1% |
| UTI Nifty 500 Index Fund | 0.01% | 0 | |
| DSP Nifty Smallcap 250 Index Fund | 0.04% | 0 | +5% |
| ICICI Pru Nifty 500 Index Fund | 0.01% | 0 | -1% |
| DSP Nifty 500 Index Fund | 0.01% | 0 | |
| Angel One Nifty Total Market Index Fund | 0.00% | 0 | |
| Mirae Asset Nifty Total Market Index Fund | 0.00% | 0 | |
| Navi Nifty MidSmallcap 400 Index Fund | 0.01% | 0 | +4% |
| Bandhan Nifty Total Market Index Fund | 0.00% | 0 | |
| Zerodha Nifty MidSmallcap400 50:50 Index Fund | 0.02% | 0 | +49% |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -199% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 36% of total assets in 2026 |
| look | Profit leans on other income Other income was 129% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹1 Cr +0.0% vs Jun 2025.
Net profit ₹104 Cr +136.4%.
Activity
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| Shiv Aum Steels Ltd | 742 | 77.9 | 8.20 % |
| State Trading Corporation of India Ltd | 644 | 13.3 | % |
| Arvaya Healthcare Ltd | 600 | 451 | % |
| SMT Engineering Ltd | 596 | 24.3 | 25.4 % |
| HP Telecom India Ltd | 528 | 20.7 | 19.9 % |
| Riddhi Siddhi Gluco Biols Ltd | 527 | 37.2 | 2.74 % |
| Oswal Agro Mills Ltd | 474 | 2.03 % | |
| Filtron Engineers Ltd | 457 | 79.4 | 9.87 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2023-11-15 | Annual General Meeting | |
| 2022-12-01 | Annual General Meeting | |
| 2021-12-09 | Annual General Meeting | |
| 2020-12-15 | Annual General Meeting | |
| 2019-09-19 | Annual General Meeting/Dividend - Rs 0.30 Per Share | |
| 2018-09-12 | Annual General Meeting/Dividend Re 0.20 Per Share | |
| 2018-05-03 | Bonus 1:2 | 0.6667 |
| 2017-09-14 | Annual General Meeting/Dividend - Re 0.30 Per Share | |
| 2016-09-15 | Annual General Meeting/Dividend - Re 0.30 Per Share | |
| 2015-09-16 | Annual General Meeting/ Dividend - Re 0.25/- Per Share | |
| 2014-09-10 | Annual General Meeting / Fianl Dividend - Re 0.15/- Per Share | |
| 2013-09-05 | Annual General Meeting / Final Dividend - Re 0.10/- Per Share | |
| 2012-09-13 | Annual General Meeting And Dividend Re.0.25 Per Share | |
| 2011-09-14 | Annual General Meeting And Dividend Re.0.25 Per Share | |
| 2010-09-08 | Annual General Meeting And Dividend Re.0.90 Per Share | |
| 2010-07-29 | Bonus 1:1 And Face Value Split From Rs.10 To Re.1 | 0.0500 |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
| Order date | Forum | Case |
|---|---|---|
| 2021-07-02 | NCLT | M/s. Bengal Energy Ltd Vs MMTC Ltd |
| 2021-03-26 | NCLT | M/s. Bengal Energy Ltd Vs MMTC Ltd |
| 2021-01-11 | NCLT | M/s. Bengal Energy Ltd Vs MMTC Ltd |
| 2019-03-07 | NCLAT | MMTC Limited VS Sai Sulphonates Private Limited & Another |
| 2019-02-12 | NCLAT | MMTC Limited VS Sai Sulphonates Private Limited & Another |
| 2018-02-13 | CESTAT | MMTC LTD ---VS.--- NEW DELHI |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of MMTC Ltd?
MMTC Ltd (MMTC) has a market capitalisation of Rs 8,514 Cr. at the 2026-10-01 close.
What is the P/E ratio of MMTC Ltd?
MMTC Ltd trades at a P/E of 42.3 on trailing twelve-month profit, at the 2026-10-01 close.
What were MMTC Ltd's latest quarterly results?
In the Jun 2026 quarter, MMTC Ltd sales was Rs 1 Cr (+0.0% vs Jun 2025) and net profit was Rs 104 Cr.
What is the 52-week high and low of MMTC Ltd?
The 52-week high is Rs 78.35 and the 52-week low is Rs 50.10.