MMTC Ltd.

NSE: MMTC · Services

₹53.33-1.50%06 Nov 2026

Check figures: unusual quarterly results in MAR '26 (₹126.03 cr vs a typical ₹11.16 cr). This may be a filing error (e.g. lakh filed as crore) or a genuine one-off; figures are shown as filed. Trailing-twelve-month figures include it.

Ask the data

Instant answers about MMTC Ltd. — computed from its filings, no language model

Market cap₹8,000 cr

Current price₹53.33

High / Low₹76 / ₹50

P/E34.7

P/B3.77

Book value₹14.1

ROE10.9%

ROCE25.6%

Debt / equity0.00

Dividend yield—

EPS (TTM)₹1.54

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY20	FY22	FY23	FY24	FY26
Revenue	29,440	11,796	3,528	5	3
EBITDA	182	441	-108	-163	-182
Operating margin	0.6%	3.7%	-3.1%	-3043.8%	-5327.0%
Interest	67	209	121	1	1
Depreciation	6	5	5	4	5
Profit before tax	121	89	1,276	76	463
Tax	37	363	204	8	251
Net profit	0	0	1,562	192	387
EPS ₹	0.72	-1.75	10.42	1.28	387.38
Operating cash flow	—	-0	754	-353	-605
Capex	—	1	0	0	0
Dividend paid	—	0	0	0	0
Total assets	6,410	—	3,678	3,687	2,796
Equity	883	—	1,412	1,626	2,121

Quarterly performance

last 24 quarters · ₹ crore

showing latest 8 of 24 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	JUN '21	SEP '21	DEC '21	MAR '22	SEP '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	7,198	6,784	8,295	26,305	2,405	6,776	11,514	4,904	2,316	2,321	2,256	545	708	214	-210	1	1	1	2	0	1	0	1	1
Operating profit	33	61	49	-63	-20	-6	11	-26	-26	-19	513	-36	-18	-63	-30	-36	-33	-51	-30	-31	-22	-23	-114	-20
Operating margin	0.5%	0.9%	0.6%	-0.2%	-0.8%	-0.1%	0.1%	-0.5%	-1.1%	-0.8%	22.7%	-6.6%	-2.5%	-29.4%	14.4%	-4982.2%	-5123.4%	-7787.7%	-1938.5%	-12224.0%	-2004.5%	-6767.6%	-18606.6%	-2969.1%
Other income	18	3	3	36	3	4	3	3	8	1	5	23	43	29	43	63	64	138	43	35	37	34	35	145
Interest	26	27	39	142	47	48	51	48	50	53	57	10	7	0	1	-1	0	0	0	1	0	0	0	0
Depreciation	1	1	1	6	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1
Profit before tax	24	37	14	-220	-92	-39	-58	-95	-206	-84	475	1,390	18	7	12	26	31	42	39	3	392	10	16	125
Tax	3	12	10	1	0	1	0	0	0	0	363	273	5	4	1	3	-1	11	1	4	259	-1	-16	31
Net profit	28	-48	12	0	-93	-45	-52	-96	0	0	0	0	10	15	0	0	70	33	0	0	0	0	126	104
EPS ₹	0.18	-0.32	0.08	-1.82	-0.62	-0.30	-0.35	-0.64	-1.40	-0.49	0.79	10.51	0.07	0.10	0.35	0.37	0.47	0.22	0.32	0.02	1.14	0.31	0.84	0.69
Revenue YoY	—	—	—	—	-66.6%	-0.1%	38.8%	103.9%	-65.8%	-79.8%	—	-76.5%	-68.6%	—	-138.6%	—	-99.9%	-99.7%	—	-65.8%	-29.5%	36.0%	—	—
Profit YoY	—	—	—	—	-434.1%	—	-518.4%	—	—	—	—	—	—	—	—	—	608.4%	123.1%	—	—	—	—	—	—

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

MMTC Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	36,949	45,204	68,833	66,325	28,598	25,270	18,284	12,517	11,676	16,451	28,979
Operating profit	—	—	65	43	43	105	-53	-112	-57	26	181
Operating margin	—	—	0.1%	0.1%	0.1%	0.4%	-0.3%	-0.9%	-0.5%	0.2%	0.6%
Other income	45	86	27	158	318	222	125	178	75	63	18
Interest	—	—	95	143	219	67	17	30	21	17	65
Depreciation	—	—	13	12	12	12	18	5	7	5	6
Profit before tax	250	325	174	182	117	225	60	58	81	59	119
Tax	85	108	61	158	187	206	12	3	24	10	37
Net profit	165	217	113	23	-71	19	48	55	57	49	81

Quarters

showing latest 8 of 47 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	5,925	4,884	9,422	9,782	12,497	9,767	4,902	7,512	9,449	10,971	17,272	12,046	16,851	18,737	21,200	20,424	16,047	18,914	10,940	5,323	8,847	7,266	7,163	8,829	7,468	4,784	4,187	5,186	2,520	5,548	5,031	2,041	4,904	3,617	1,955	2,782	1,406	4,950	2,538	6,320	3,649	3,387	3,095	5,088	7,423	9,367	7,102
Operating profit	—	—	—	—	—	—	—	—	—	—	—	33	20	15	-3	-3	-0	-1	47	-4	26	30	-10	6	16	36	46	34	-26	-9	-53	-38	-27	-5	-42	-26	-27	17	-20	8	-4	18	4	16	62	59	44
Operating margin	—	—	—	—	—	—	—	—	—	—	—	0.3%	0.1%	0.1%	-0.0%	-0.0%	-0.0%	-0.0%	0.4%	-0.1%	0.3%	0.4%	-0.1%	0.1%	0.2%	0.8%	1.1%	0.7%	-1.0%	-0.2%	-1.0%	-1.9%	-0.5%	-0.1%	-2.1%	-0.9%	-2.0%	0.3%	-0.8%	0.1%	-0.1%	0.5%	0.1%	0.3%	0.8%	0.6%	0.6%
Other income	5	-1	30	5	8	4	28	10	16	18	42	14	4	4	4	2	4	9	142	86	76	69	88	35	43	43	101	32	28	25	40	24	76	38	39	25	31	12	7	25	23	0	16	9	1	2	6
Interest	—	—	—	—	—	—	—	—	—	—	—	36	25	13	22	12	28	28	75	61	61	46	51	21	20	15	11	3	2	7	5	11	5	8	6	2	2	3	14	2	3	5	7	10	13	19	23
Depreciation	—	—	—	—	—	—	—	—	—	—	—	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	4	2	13	1	1	1	1	1	1	2	1	1	3	1	2	1	1	1	1	1	2
Profit before tax	54	74	143	76	72	44	59	59	71	47	149	79	46	29	19	9	29	33	111	18	26	50	22	-0	56	57	112	62	-19	-28	45	-31	44	29	16	-7	10	110	-32	28	14	10	7	12	48	42	17
Tax	17	35	52	22	25	19	19	18	22	19	50	24	5	27	4	2	10	124	22	6	140	21	20	-5	67	65	80	21	-9	-7	7	0	0	10	-7	0	0	35	-11	9	2	4	-6	2	16	14	5
Net profit	37	39	91	54	47	25	40	41	49	28	99	55	41	1	15	6	19	-91	89	12	-114	29	2	5	-10	-9	33	41	-10	-21	38	-31	44	19	23	-7	10	74	-21	18	12	6	13	10	32	28	12
EPS ₹	7.48	7.83	18.12	10.75	9.36	4.98	7.99	8.25	9.78	5.62	19.79	11.05	0.41	0.01	0.15	0.06	0.19	-0.91	0.89	0.12	-1.14	0.29	0.02	0.05	-0.10	-0.09	0.33	0.41	-0.10	-0.21	0.38	-0.31	0.44	0.19	0.23	-0.07	0.10	0.74	-0.21	0.18	0.12	0.06	0.13	0.07	0.21	0.19	0.08
Revenue YoY	—	—	—	—	110.9%	100.0%	-48.0%	-23.2%	-24.4%	12.3%	252.3%	60.4%	78.3%	70.8%	22.7%	69.6%	-4.8%	0.9%	-48.4%	-73.9%	-44.9%	-61.6%	-34.5%	65.9%	-15.6%	-34.1%	-41.5%	-41.3%	-66.3%	16.0%	20.1%	-60.6%	94.6%	-34.8%	-61.1%	36.3%	-71.3%	36.8%	29.8%	127.2%	159.5%	-31.6%	21.9%	-19.5%	103.4%	176.5%	129.5%
Profit YoY	—	—	—	—	25.0%	-36.4%	-55.9%	-23.2%	4.5%	12.8%	147.6%	33.8%	-16.7%	-94.8%	-84.5%	-88.3%	-53.7%	-6354.1%	482.9%	86.4%	-703.3%	—	-97.5%	-58.4%	—	-130.2%	1381.0%	712.0%	—	—	16.0%	-176.6%	—	—	-39.2%	—	-76.2%	288.9%	-190.1%	—	11.3%	-91.6%	—	-45.2%	172.4%	348.1%	-8.3%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 11 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '22	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	JUN '26
ROE	-0.9%	-14.5%	-14.1%	-21.4%	-96.4%	1.7%	5.2%	6.3%	6.0%	6.0%	10.9%
ROCE	1.9%	-0.1%	-1.3%	-2.5%	11.9%	4.8%	4.3%	6.3%	7.4%	6.2%	25.6%
Net margin	-0.0%	-0.3%	-0.3%	-0.4%	-0.8%	3.4%	1581.1%	-49.2%	2862.3%	3305.5%	8434.8%
EBITDA margin	0.2%	0.1%	-0.1%	-0.2%	3.7%	-20.7%	-3043.8%	72.0%	-4190.5%	-4651.9%	-6547.6%
Debt / equity	4.36	4.36	4.36	4.36	24.24	0.01	0.09	0.09	0.09	0.09	0.00
Interest coverage	0.38	-0.02	-0.22	-0.42	1.43	9.58	109.60	339.03	-223.03	126.71	889.46
Asset turnover	7.58	6.83	6.83	7.33	2.16	0.21	0.00	-0.06	0.00	0.00	0.00

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 15 periods

	MAR '14‡	MAR '15‡	MAR '16‡	MAR '17‡	MAR '18‡	MAR '19‡	MAR '20‡	MAR '21‡	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	SEP '25	MAR '26
Share capital	100	100	100	100	100	150	150	150	150	150	150	150	150	150	150
Other equity / reserves	1,450	1,364	1,168	1,101	1,103	1,119	733	-50	1,152	1,262	1,297	1,476	1,570	1,773	1,971
Total equity	1,550	1,464	1,268	1,201	1,203	1,269	883	100	1,302	1,412	1,447	1,626	1,720	1,923	2,121
Borrowings	558	436	273	440	519	961	3,850	2,418	142	196	21	153	153	32	0
Current liabilities	—	—	2,211	4,459	3,786	2,923	5,309	5,326	2,268	2,217	1,919	2,029	2,023	1,821	646
Non-current liabilities	—	—	—	—	—	—	218	48	40	49	47	32	30	35	29
Total assets	5,058	6,300	3,659	5,848	5,172	4,380	6,410	5,474	3,611	3,678	3,413	3,687	3,773	3,779	2,796
Property, plant & equipment	—	1	55	51	47	44	39	35	32	30	26	26	24	20	16
Capital work-in-progress	142	153	1	0	0	0	0	0	0	0	0	0	0	0	0
Investments	432	275	—	—	—	—	—	—	108	127	194	276	301	380	533
Inventories	317	334	402	2,367	1,711	280	218	46	7	1	0	0	0	0	0
Receivables	1,742	3,044	832	517	355	427	2,047	834	266	405	139	393	390	27	24
Cash & equivalents	646	418	—	—	—	—	—	—	127	319	85	121	35	18	3

Cash flow

annual · ₹ crore · line = free cash flow

showing latest 5 of 10 periods

	FY16‡	FY17‡	FY18‡	FY19‡	FY20‡	FY21‡	FY22	FY23	FY24	FY26
Cash from operations	-54	273	-455	-355	-2,588	1,704	-0	754	-353	-605
Cash from investing	87	-68	117	9	-58	11	3	1,959	198	579
Cash from financing	-119	110	26	339	2,689	-1,634	-5	-2,547	-43	-1
Capex	7	3	1	3	6	0	1	0	0	0
Free cash flow	-61	270	-456	-358	-2,595	1,703	-2	754	-353	-605
Dividends paid	—	—	—	—	—	—	0	0	0	0

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹16 cr1%

Investments

₹533 cr19%

Receivables

₹24 cr1%

Cash & equivalents

₹3 cr0%

Other assets

₹2,220 cr79%

Peer comparison

largest in Services · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Adani Ports and Special Economic Zone Ltd.	4,46,183	1,936.60	38.7	4.36	11.3%
InterGlobe Aviation Ltd.	2,11,757	5,476.00	—	42.39	-82.1%
GMR Airports Ltd.	1,05,277	98.75	210.4	—	—
JSW Infrastructure Ltd.	78,694	338.30	54.6	4.37	8.0%
Container Corporation of India Ltd.	33,496	439.80	27.5	2.51	9.1%
Delhivery Ltd.	32,070	428.00	171.2	3.27	1.9%
Redington Ltd.	25,602	327.50	13.8	2.38	17.2%
Firstsource Solutions Ltd.	20,467	293.65	28.3	4.20	14.8%
Great Eastern Shipping Co. Ltd.	20,398	1,428.70	5.4	1.20	22.1%
International Gemological Institute Ltd.	17,606	407.40	34.1	10.05	29.5%
MMTC Ltd.	8,000	53.33	34.7	3.77	10.9%

StoxGud checklist: Bearish setup · 2/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-5.1%

6 months-20.2%

1 year-22.4%

3Y CAGR-0.4%

5Y CAGR+4.2%

10Y CAGR+5.0%

50-day avg₹57.51

200-day avg₹62.20

RSI (14)38

Compare MMTC Ltd. with

International Gemological Institute vs MMTC eClerx Services vs MMTC Central Mine Planning & Design Institute vs MMTC Shipping Corporation of India vs MMTC

FAQs

What is the share price of MMTC Ltd.?

MMTC Ltd. (MMTC) closed at ₹53.33 on NSE on 06 Nov 2026.

What is the market cap of MMTC Ltd.?

₹8,000 crore at the latest close.

What is the P/E ratio of MMTC Ltd.?

34.7, on trailing-twelve-month earnings from its filings.

How fast is MMTC Ltd. growing?

MMTC Ltd.: revenue has compounded at -93.4% a year over three years.

How profitable is MMTC Ltd.?

On a trailing-twelve-month basis return on equity is 10.9%, return on capital employed 25.6%, operating margin -6,547.6%, net margin 8,434.8%.

How much debt does MMTC Ltd. have?

MMTC Ltd. is debt-free: debt to equity is 0.00 with borrowings of ₹0 cr against cash of ₹3 cr (balance sheet of 2026-03-31). Operating profit covers interest 889.5 times.

Financials parsed from MMTC Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Mar '14. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.