Want to see IN:MMTC full AI Analyst Report?
Top Page
MMTC Limited
(MMTC)
Select Model
Select Model
Rating:56Neutral
Price Target:
₹65.00
▲(13.02% Upside)
Action:Reiterated
Date:06/17/26
The score is held back primarily by weak and unstable fundamentals—especially poor recent operating profitability and ongoing cash burn—despite an improved balance sheet. Technicals are a meaningful offset, with the stock trading above key moving averages and showing positive momentum. Valuation is only average given the P/E of 29.34 and no dividend yield support.
Positive Factors
Improved balance sheet / low debt
Recent low reported debt and a materially improved equity base afford MMTC durable financial flexibility for a working-capital intensive trading model. That cushioning reduces near-term refinancing risk, enabling continuity in import/export canalized mandates and operational resilience.
Negative Factors
Negative operating and free cash flow
Consecutive negative operating and free cash flows undermine MMTC's ability to convert reported turnover into usable liquidity. For a working-capital heavy trader, persistent cash burn raises the likelihood of reliance on external financing or government support, compressing long-term financial flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved balance sheet / low debt
Recent low reported debt and a materially improved equity base afford MMTC durable financial flexibility for a working-capital intensive trading model. That cushioning reduces near-term refinancing risk, enabling continuity in import/export canalized mandates and operational resilience.
Read all positive factors
MMTC Limited (MMTC) vs. iShares MSCI India ETF (INDA)
Market Cap
₹95.19B
Dividend YieldN/A
Average Volume (3M)291.52K
Price to Earnings (P/E)24.8
Beta (1Y)1.82
Revenue Growth26.77%
EPS Growth347.15%
CountryIN
Employees361
SectorGeneral
Sector StrengthN/A
IndustryConglomerates
Share Statistics
EPS (TTM)2.59
Shares Outstanding1,500,000,000
10 Day Avg. Volume343,328
30 Day Avg. Volume291,519
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)3.69
Price to Sales (P/S)2294.04
P/FCF Ratio-17.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MMTC Limited Business Overview & Revenue Model
Company Description
MMTC Limited, an Indian-based global trading conglomerate founded in 1963 and headquartered in New Delhi, maintains an extensive operational footprint across Asia, Europe, Africa, the Middle East, and both North and Latin America. The company's di...
How the Company Makes Money
MMTC primarily makes money by acting as a commodity trading and distribution intermediary: it buys commodities from domestic or overseas suppliers and sells them to industrial customers, wholesalers, retailers, government agencies, or other counte...
MMTC Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
63
Positive
Cash Flow
28
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 34.10M | 26.90M | 53.40M | 35.28B | 112.42B |
| Gross Profit | -813.80M | -1.14B | -1.34B | 1.20B | 5.74B |
| EBITDA | -1.82B | 1.24B | 817.80M | 14.03B | 3.19B |
| Net Income | 3.87B | 866.30M | 1.92B | 15.62B | -2.58B |
Balance Sheet | |||||
| Total Assets | 27.96B | 34.78B | 36.87B | 36.78B | 47.83B |
| Cash, Cash Equivalents and Short-Term Investments | 18.85B | 14.31B | 12.68B | 12.87B | 1.53B |
| Total Debt | 200.00K | 24.40M | 1.59B | 2.03B | 26.26B |
| Total Liabilities | 6.75B | 17.76B | 20.61B | 22.66B | 49.31B |
| Stockholders Equity | 21.21B | 17.02B | 16.26B | 14.12B | -1.48B |
Cash Flow | |||||
| Free Cash Flow | -4.39B | -3.63B | -3.53B | 7.54B | -17.20M |
| Operating Cash Flow | -4.39B | -3.63B | -3.53B | 7.54B | -3.30M |
| Investing Cash Flow | 4.12B | 2.78B | 1.98B | 19.59B | 29.00M |
| Financing Cash Flow | -2.10M | -53.90M | -434.20M | -25.47B | -51.30M |
MMTC Limited Technical Analysis
Negative
57.51
Price Trends
66.92
Negative
63.51
Positive
64.04
Positive
Market Momentum
-0.66
Positive
40.06
Neutral
11.49
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MMTC, the sentiment is Negative. The current price of 57.51 is below the 20-day moving average (MA) of 69.38, below the 50-day MA of 66.92, and below the 200-day MA of 64.04, indicating a neutral trend. The MACD of -0.66 indicates Positive momentum. The RSI at 40.06 is Neutral, neither overbought nor oversold. The STOCH value of 11.49 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MMTC.
MMTC Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ₹29.95B | 10.92 | ― | 4.74% | 8.00% | 4.05% | |
68 Neutral | ₹46.18B | 21.80 | ― | 9.28% | -14.32% | -50.87% | |
56 Neutral | ₹95.19B | 24.77 | ― | ― | 26.77% | 347.15% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | ₹20.01B | 58.49 | ― | 0.12% | 34.38% | 86.79% | |
50 Neutral | ₹39.10B | 95.58 | ― | ― | -69.74% | 96.68% | |
44 Neutral | ₹7.11B | 1.14 | ― | ― | ― | 1694.80% |
* General Sector Average
IN:MMTC
MMTC Limited
64.13
-4.64
-6.75%
IN:BALMLAWRIE
Balmer Lawrie & Co. Ltd.
176.60
-29.13
-14.16%
IN:MSTCLTD
MSTC Ltd.
676.10
151.87
28.97%
IN:SBC
SBC Exports Ltd.
42.08
26.68
173.25%
IN:SINDHUTRAD
Sindhu Trade Links Ltd.
25.63
-6.74
-20.82%
IN:STCINDIA
State Trading Corporation of India Limited
121.90
-19.70
-13.91%
MMTC Limited Corporate Events
MMTC Says No Undisclosed Events Behind Surge in Trading Volume
Apr 20, 2026
MMTC Limited has responded to stock exchanges after a significant increase in trading volume in its shares, following a regulatory query aimed at protecting investors through timely disclosure. The company stated that it regularly reports all mate...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.