AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Change in Management 28 Sep - M/s Dinesh Jain & Associates completed statutory auditor term after 63rd AGM on September 17, 2026.
Source: Bse
MMTC Limited (MMTC)
Large CapServices stocks · Large cap · NSE
MMTC Limited operates in Trading, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals15 Oct 2026 · screener
Latest result11 Aug, 07:29 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Services P/E 17.7 (n=143)
Technical timing lens
Trend score and candlestick chart
24Bearishfull bear SMA stack · SMA20 -9.0% / mo · MACD + · near 52W low
Stock trend: 24
Sector RS: —
Services FPI tailwindFlow only
FPI equity flow was positive in both fortnights, but exact sector-index confirmation is unavailable. View sector evidence
Technical chart
MMTCD candles · FIT view-16.1%Latest close ₹54.89 on 2026-10-19
Bar
-2.1%
RSI
38
MACD hist
0.16
52W pos
17%
2026-10-19O ₹56.07H ₹56.48L ₹54.40C ₹54.89Vol 10.7L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
MMTCNifty 500
- MMTC
- -13.8%
- Nifty 500
- -5.6%
- Vs Nifty 500
- -8.2 pp
Chart stats
19 Oct 2026- From 52W high
- -29.9%
- 52W range position
- 17%
- ATR (14)
- 4.1%
- Volume vs 20D
- 0.28x
- Avg traded value
- ₹21.7 Cr
- 20D price channel
- ₹52.5 - ₹61
₹78.4
₹50.1 - ₹78.4
₹2.2
Latest completed session
20-session average
34.1% annualized volatility
No exact NSE sector index is mapped for this company. Nifty 500 remains the broad-market comparison.
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED24
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad17
Revenue +0.0% · PAT +136.4% YoY
Technical
Bearish24
Price trend and sector-relative-strength timing.
Valuation
Legacy model-68.7%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence68
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 17/100Rev 0% YoY · margin compression · PAT +136% YoY · operating leverage
Filed 11 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹1 Cr | +0.0% | +0.0% |
| EBITDA | ₹-20 Cr | +13.0% | +82.3% |
| Operating margin | -2969.0% | -127000 bps | +1563600 bps |
| PAT | ₹104 Cr | +136.4% | -17.5% |
| PAT margin | 10400.0% | +600000 bps | -220000 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 43.60
- P/B
- 4.16
- EV/EBITDA
- —
- Market Cap
- 8784.00Cr
Profitability
- ROE
- -14.30%
- ROCE
- 8.67%
- ROA
- 15.99%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- -85.00%
- EPS 5Y
- 4.00%
- Revenue 3Y
- -92.00%
- EPS 3Y
- -11.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- -179.00×
- Altman Z
- 5.60
- Book Value
- 14.10
Cash Flow
- FCF Yield
- 2.41%
- FCF Positive Y
- 6/5
- OCF
- -605.00 Cr
- EPS TTM
- 2.98
Shareholding
- Promoter Hold
- 89.93%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 30%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 1.0+0.0% vs prev
Net Profit
₹ CrLatest: 104-17.5% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 38. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~9.9% over last month) — short-term momentum negative.
- RSI(14) at 38 — rising, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 30% off 52W high · 10% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
27
RS percentile
Stage 1 Base / Transition
1M return
-8.9%
3M return
-13.8%
6M return
-18.9%
1Y return
-17.8%
RS 1D
-6
RS 20D
-7
Sector rank
#4
Industry rank
-
Stage evidence
- Price is 12.9% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed -0.2% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 86.34-1.83%
RS vs Nifty 50086
Valuation & peers
U-Score 24 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 24 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation4/30
Growth5/25
Quality0/20
Balance Sheet9/15
Cash Flow5/10
Piotroski
3/9 (+1)
Penalties
0
Raw sum
24
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
24/100 · legacy band OVERVALUED
Positive drivers
- Balance sheet contributes 9/15 to the score.
- Cash flow contributes 5/10 to the score.
- Growth contributes 5/25 to the score.
Main drags
- Fair-value margin of safety is negative at -68.7%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Valuation is weaker at 4/30; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
43.6
PB
4.2
EV/EBITDA
—
ROE
-14.3%
ROCE
8.7%
FCF Yield
2.4%
Debt/Equity
0.0
MoS
-68.7%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
24
Previous: 24
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-68.7%
Previous: -68.7%
Score history
12 stored score snapshots. Latest stored move: +3 points.
20 Oct 2026
v4.3-runtime-valuation
24
24
24
24
24
21
21
21
21
21
21
24
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹30.75
-78.5% MoS
Growth-justified P/E
10.9
Growth-justified Value
₹32.54
-68.7% MoS
PEG
10.90
Comparable companies
Peers
Business-comparable peers in Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
MSTCLTD
Micro
Mstc Limited
Trading
match 77
54
19.4
26.6%
+29%
FAIR VALUE
PHOGLOBAL
SME
Phoenix Overseas Ltd.
Trading
match 74
27
9.5
4.2%
-14%
OVERVALUED
STCINDIA
Small
The State Trading Corporation of India Limited
Trading
match 71
70
15.2
17.4%
+96%
UNDERVALUED
PARIN
SME
Parin Enterprises Ltd.
Trading
match 61
25
122.0
9.3%
-650%
OVERVALUED
ARENTERP
Small
Rajdarshan Industries Limited
Trading
match 60
19
—
-0.8%
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
MMTC Limited operates in Trading, within the Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
68Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 56th percentile of the scored universe and 64th percentile within Services. Main check: results consistency is weak at 48/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 20 Oct 2026
management-trust-v1
12 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
56th percentile
overall median 67 · Services: 64th pctile, median 66 · Large: 32nd pctile, median 73
Evidence depth
Financial-only
12 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
62
acceptable · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
52
watch · capital discipline
Results
48
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 89.9%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 2.4%.
- ▸6 years of positive FCF.
Trust risks
- ▸Operating cash flow is negative at ₹-605 Cr.
- ▸ROE is low at -14.3%.
- ▸0/4 latest quarters had positive YoY revenue growth.
- ▸OPM spread across recent quarters is 16906%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching MMTC Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 17 Sep - CAG appoints R S P H & Associates as MMTC statutory auditor for FY 2026-27.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Aug - MMTC Limited has informed regarding the Copy of Newspaper publication of Notice of 63rd AGM to be held on Thursday, 17.09.2026 at 11:00 A.M.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Aug - MMTC Limited has informed about the Publication of Extract of the Unaudited Financial Results(Standalone and Consolidated) in Newspaper(English and Hindi) for the Quarter ended ....
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Change in Management 8 Jun - Smt. S. Meenakshi’s term as Non-Executive Independent Director expires on 08 June 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Jun - MMTC Limited has informed regarding Publication of Notice to Equity Shareholders of the Company regarding transfer of Equity Shares to Investor Education and Protection Fund …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Jun - MMTC Limited has informed regarding Publication of Notice to Equity Shareholders of the Company regarding transfer of Equity Shares to Investor Education and Protection Fund …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 9 Jun - Srinivas Rao Maddi and Anoopa S. Nair end their terms on 09.06.2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Jun - MMTC inform the exchange regarding the Publication of Extract of the Audited (Standalone and Consolidated) Financial Results in Newspaper (Hindi and English) for the quarter …
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Change in Management 11 May - Ms. Nigar Fatima Husain appointed Government Nominee Director on MMTC board, effective 28 Apr/7 May 2026.
Source: Bse
Announcement
MMTC Ltd. Informs The Exchange About The Expiry Of Tenure Of Shri Nitin Kumar Yadav, CMD (Addl. Charge), On The Board Of MMTC W.E.F. 28.04.2026. 28 Apr - Nitin Kumar Yadav’s CMD additional charge expires on 28.04.2026; ministry extension awaited.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.