NSE: MMTC · BSE: 513377 · ISIN INE123F01029
MMTC Limited stock analysis
MMTC Limited ranks #3053 in the TickerSutra evidence-ranked universe with a score of 42/100 and 95% data confidence. The latest captured fundamentals show ROCE of 8.7%, quarterly sales growth of -50.0% and quarterly profit growth of 135.5%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0×
- Strong CFO/EBITDA of 3.34×
- No promoter shares are reported as pledged
Risks and constraints
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹11,795cr | ₹457cr | ₹-258cr | 3.9% |
| 2023 | ₹3,527cr | ₹-107cr | ₹1,562cr | -3.0% |
| 2024 | ₹3cr | ₹-162cr | ₹192cr | -4800.0% |
| 2025 | ₹1cr | ₹-138cr | ₹87cr | -11820.0% |
| 2026 | ₹2cr | ₹-181cr | ₹387cr | -8520.0% |
| TTM | ₹3cr | ₹-179cr | ₹447cr | -6547.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
RoutineChange in Directors/KMP/SMP/Auditor/RTANSE · 28 Sept 2026 · Structured filingMMTC LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA
MMTC LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA
Open original XBRL sourceMANAGEMENT COMMENTARY
Signals from filed documents
of India, the company had no role in appointment of any Director including independent Directors. In Q3 warning letter was received from BSE and NSE for not conducting meeting of Stakeholders Relationship Committee of Directors during 2023-24. The company clarifies that meeting could not be held due to non-availability of members of committee on scheduled meeting.
The company has recognised contingent liability of R 3.49 crore (P.Y. (v) Includes PRP advance made to employees pending approval of the Remuneration Committee as mandated in the DPE Guidelines, further company is assessing the payment of PRP. The order for recovery of above PRP advance from employees is disputed by staff & officer’s forum and is pending in respective courts.
Accordingly, the CSR budget calculated in accordance with the Section 198 of the Companies Act, 2013 i.e., 2% of average net profit of preceding 3 years was negative. Therefore, there was no annual CSR budget approved by Board of Directors for the year 2025-26.As such, no fresh CSR project was undertaken during FY 2025-26. As per Section 135 of the Companies Act, 2013, the Company was not mandated to allocate CSR budg
If available, provide a web-link of the policy 6. Provide details of any corrective actions taken or underway on issues relating to advertising, and delivery of essential services; cyber security and data privacy of customers; re-occurrence of instances of product recalls; penalty / action taken by regulatory authorities on safety of products / services. Provide the following information relating to data breaches: Ye
Loans and receivables comprise trade receivables, unbilled revenues and other assets. The company estimates the un-collectability of accounts receivable by analysing historical payment patterns, customer concentrations, customer credit-worthiness and current economic trends. If the financial condition of a customer deteriorates, additional allowances may be required.
The facility of participation at the AGM through VC/OAVM will be made available to at least 1000 members on first come first served basis. This will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairperson of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Au
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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