MMTC Limited (MMTC) AI Stock Analysis

• Market Cap: ₹100.98B
• Dividend Yield: N/A
• Average Volume (3M): 291.52K
• Price to Earnings (P/E): 102.8
• Beta (1Y): 1.86
• Revenue Growth: -17.88%
• EPS Growth: 7.14%
• Country: IN
• Employees: 361
• Sector: Services
• Sector Strength: N/A
• Industry: Conglomerates
• EPS (TTM): 1.14
• Shares Outstanding: 1,500,000,000
• 10 Day Avg. Volume: 343,328
• 30 Day Avg. Volume: 291,519
• PEG Ratio: -1.80
• Price to Book (P/B): 5.80
• Price to Sales (P/S): 3670.88
• P/FCF Ratio: -27.21
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: ₹60.00 ▼(-1.46% Downside)

The overall stock score for MMTC Limited is primarily impacted by weak financial performance and bearish technical indicators. The high P/E ratio without a dividend yield further detracts from the stock's attractiveness. The absence of earnings call data and corporate events leaves these areas unaddressed.

Positive Factors

Diversified Revenue Streams

MMTC's diversified revenue streams across commodities, metals, and retail sales of gold and silver provide resilience against sector-specific downturns, supporting long-term stability.

Government Support

Government contracts and initiatives provide MMTC with stable revenue opportunities and financial incentives, enhancing its market position and long-term growth prospects.

Low Leverage Risk

A low debt-to-equity ratio indicates MMTC's reduced financial risk from leverage, allowing for greater financial flexibility and potential for future investments.

Negative Factors

Declining Revenue

Declining revenues and erratic profit margins suggest challenges in maintaining sales growth and profitability, impacting MMTC's long-term financial health.

Cash Flow Issues

Persistent negative cash flows highlight liquidity issues, potentially hindering MMTC's ability to fund operations and invest in growth opportunities.

Profit Margin Volatility

Inconsistent profit margins and negative EBIT reflect operational inefficiencies, posing risks to MMTC's ability to sustain profitability over the long term.

MMTC Limited Business Overview & Revenue Model

Company Description

MMTC Limited (MMTC) is one of India's largest trading companies, primarily involved in the import and export of a wide range of commodities. Established in 1963, MMTC operates in various sectors, including metals, minerals, agricultural products, and precious metals. The company plays a vital role in the government’s foreign trade policy, facilitating international trade and promoting exports from India. MMTC is also engaged in the sale of gold and silver through its retail outlets and has diversified into sectors such as fertilizers and coal.

How the Company Makes Money

MMTC generates revenue through multiple streams, primarily from the import and export of commodities. The company acts as a trading intermediary, earning margins on the sale of metals, minerals, and agricultural products. Additionally, MMTC profits from its retail sales of gold and silver, which are significant revenue drivers. The company also earns income through its joint ventures and partnerships, including collaborations with other public sector undertakings and private entities. Furthermore, MMTC benefits from government contracts and initiatives that promote export, which can provide additional financial incentives and revenue opportunities.

MMTC Limited Financial Statement Overview

Summary

MMTC Limited's financial performance is weak, with significant volatility in revenue and profitability. The income statement shows negative trends in revenue growth and inconsistent profit margins. The balance sheet reflects instability with fluctuating equity ratios, and cash flow analysis indicates liquidity issues with negative free cash flow and operating cash flow.

Income Statement

The income statement reveals significant volatility in revenue and profitability. Recent periods show considerable revenue declines with erratic profit margins. Gross and net profit margins are inconsistent, with negative EBIT in several periods indicating operational challenges. The company's revenue growth rate is negative, highlighting a downward trend in sales performance.

Balance Sheet

The balance sheet indicates a mixed financial position with some strengths and weaknesses. The company has a low debt-to-equity ratio in recent periods, suggesting lower leverage risks. However, previous years showed high debt levels, which could have posed financial risks. The equity ratio is reasonable but fluctuating, reflecting balance sheet instability over time.

Cash Flow

Cash flow analysis presents concerns, particularly with negative free cash flow and operating cash flow in several periods, indicating liquidity issues. The operating cash flow to net income ratio is erratic, raising questions about cash generation from operations. Free cash flow growth is negative, suggesting challenges in maintaining positive cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	34.00M	26.90M	53.40M	35.28B	112.42B	299.73B
Gross Profit	30.40M	-1.14B	-1.34B	1.20B	5.74B	13.81B
EBITDA	1.30B	1.24B	817.80M	14.03B	3.19B	-9.05B
Net Income	982.00M	866.30M	1.92B	15.62B	-2.58B	-7.89B
Balance Sheet
Total Assets	0.00	34.78B	36.87B	36.78B	47.83B	54.74B
Cash, Cash Equivalents and Short-Term Investments	13.39B	14.31B	12.68B	12.87B	1.53B	1.65B
Total Debt	0.00	24.40M	1.59B	2.03B	26.26B	24.22B
Total Liabilities	-17.02B	17.76B	20.61B	22.66B	49.31B	53.74B
Stockholders Equity	17.02B	17.02B	16.26B	14.12B	-1.48B	997.40M
Cash Flow
Free Cash Flow	0.00	-3.63B	-3.53B	7.54B	-17.20M	17.03B
Operating Cash Flow	0.00	-3.63B	-3.53B	7.54B	-3.30M	17.04B
Investing Cash Flow	0.00	2.78B	1.98B	19.59B	29.00M	105.90M
Financing Cash Flow	0.00	-53.90M	-434.20M	-25.47B	-51.30M	-16.34B

MMTC Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 60.89
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: 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 60.89 is below the 20-day moving average (MA) of 64.58, below the 50-day MA of 66.69, and below the 200-day MA of 63.32, indicating a bearish trend. The MACD of -1.78 indicates Positive momentum. The RSI at 29.69 is Positive, neither overbought nor oversold. The STOCH value of 12.75 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IONEXCHANG	60 Neutral	₹58.19B	22.38	―	0.43%	11.56%	-2.78%
SBCL	60 Neutral	₹26.80B	32.67	―	0.69%	4.56%	8.11%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
ITDC	53 Neutral	₹49.57B	68.61	―	0.50%	6.56%	4.21%
MMTC	43 Neutral	₹100.98B	102.83	―	―	-17.88%	7.14%
MTNL	38 Underperform	₹26.38B	-0.75	―	―	-21.58%	-8.54%

MMTC Limited Corporate Events

MMTC Limited Reports on Physical Share Transfer Requests

MMTC Limited has announced the receipt of requests for the re-lodgement of transfer requests for physical shares, in compliance with a SEBI circular. This development, processed by MCS Share Transfer Agent Limited, indicates that no requests were received, processed, approved, or rejected during the specified period, highlighting a lack of activity in this area.