MMTC share price
NSE: MMTCBSE: 513377Commercial Services & SuppliesSmall Cap
MMTC Limited · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Nov 1992 on BSE, Jan 2010 on NSE
Last close ₹51.11up ₹0.45 (0.89%)BSE ₹51.10
Share price at the NSE close on 27 Oct 2026. Previous close ₹50.66.
27 Oct: open ₹50.89, high ₹52.07, low ₹50.50
52-week range of traded prices to 27 Oct 2026
₹49.41Low, 23 Oct 2026₹78.35High, 17 Jun 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹7,667 Cr572nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 17.14
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹474 crore of one-off items, the largest of them in the quarter to Sep 2025.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 3.62
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 23.4%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹474 crore of one-off items, the largest of them in the quarter to Sep 2025.
- −1.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- −8.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 8,51,23229.1% delivered
About MMTC
MMTC Limited is a government-owned trading company based in New Delhi. It was incorporated in 1963. Its trading business covered the export of minerals and the import of precious metals, non-ferrous metals, fertilizers, agro products, coal and hydrocarbons, across countries in Asia, Europe, Africa, the Middle East, Latin America and North America. Since April 2022 it has not traded, on the direction of the Ministry of Commerce and Industry, and it undertook no business activity in the year to March 2026.
The company now describes itself as almost non-operative. Its one operating activity is a 15 MW wind farm of 25 wind energy generators at Gajendragad in Karnataka, set up in March 2007. The power it generates is sold to Hubli Electricity Company Limited, a Government of Karnataka undertaking. On 31 March 2026 the company had 245 employees.
MMTC holds 26% of MMTC-PAMP India Private Limited, a joint venture with PAMP Ventures SA of Switzerland that operates a precious metals processing facility. It completed the divestment of its stake in NINL, a joint venture company, on 4 July 2022. Mica Trading Company Limited was merged into MMTC. Its Singapore subsidiary, MMTC Transnational Pte Ltd, is being wound up under an order of the High Court of Singapore, and a liquidator has taken control of it.
MMTC is a government company under the administrative control of the Ministry of Commerce and Industry. The President of India holds most of its shares and appoints all members of its board.
Written from the annual report for the year to Mar 2026, filed 24 Aug 2026.
Sources for 21 statements, each with its page
- Government company. Annual report, page 25
- Based in New Delhi. Annual report, page 6
- Incorporated in 1963. Annual report, page 136
- Trading covered export of minerals and import of precious metals, non-ferrous metals, fertilizers, agro products, coal and hydrocarbons. Annual report, page 136
- Trade across Asia, Europe, Africa, Middle East, Latin America and North America. Annual report, page 136
- Stopped business since April 2022 on Ministry direction. Annual report, page 18
- No business activity in the year to March 2026. Annual report, page 18
- Almost non-operative company. Annual report, page 29
- 15 MW wind farm with 25 generators set up in March 2007. Annual report, page 20
- Wind farm at Gajendragad in Karnataka. Annual report, page 20
- Power sold to Hubli Electricity Company, a Government of Karnataka undertaking. Annual report, page 20
- 245 employees on 31 March 2026. Annual report, page 21
- 26% stake in MMTC-PAMP India joint venture with PAMP Ventures SA. Annual report, page 19
- Joint venture is Swiss-linked and operates a precious metals processing facility; stake is 26%. Annual report, page 19
- Divestment of NINL completed 4 July 2022. Annual report, page 20
- Mica Trading Company merged with MMTC. Annual report, page 21
- Singapore subsidiary MMTC Transnational Pte Ltd under winding up order of Singapore High Court. Annual report, page 19
- Liquidator has taken control of the subsidiary. Annual report, page 19
- Under administrative control of Ministry of Commerce and Industry. Annual report, page 136
- President of India holds most shares. Annual report, page 46
- President of India appoints all board members. Annual report, page 25
Results
Standalone, as consolidated accounts are on record for only 9 of the last ten years; ₹ crore.MMTC quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- −19.7%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +355.5%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹0.68 Crup 11.48%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹94 Crup 195.68%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 13,783.8%
Revenue by quarter
Peak revenue ₹1.56 Cr, quarter to Sep 2024; lowest ₹0.23 Cr, quarter to Mar 2025
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 0 | 0 | 1 | 1 | 0 | 1 | 1 |
| Net profit | 38 | 4 | 0 | 37 | 134 | 10 | 32 | 94 |
| Net margin | 2,446.2% | 1,464.0% | 139.1% | 2,696.3% | 12,144.5% | 2,973.5% | 5,196.7% | 13,783.8% |
Standalone. The last eight quarters. The latest is shaded.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹3.41 Crup 26.77%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹212 Crup 205.01%
- Net margin
- 6,219.1%
Revenue by year
Peak revenue ₹28,979 Cr, year to Mar 2019; lowest ₹2.69 Cr, year to Mar 2025
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 3 of the 10 years shown
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11,708 | 16,451 | 28,979 | 24,135 | 26,382 | 8,393 | 273 | 5 | 3 | 3 |
| Net profit | 57 | 49 | 81 | −227 | −770 | −242 | 1,076 | 68 | 70 | 212 |
| Net margin | 0.5% | 0.3% | 0.3% | −0.9% | −2.9% | −2.9% | 394.8% | 1,277.3% | 2,584.8% | 6,219.1% |
Standalone. Years to March. The latest is shaded.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Precious MetalsPrecious Metals, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹0.73 Cr21.4%
- FertilizerFertilizer, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹0.05 Cr1.5%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹2.63 Crdown 2.23%77.1%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history.MMTC PE ratio and valuation
Price to book
At or below today's level on 9% of 980 trading days over the last 5 years.
LowestHighest
Its median5.33Industry median1.13
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 61% of 2,473 trading days over the last 10 years.
LowestHighest
Its median0.00%Industry median0.69%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −0.2% | +206.5% | −67.4% | 0.0% |
| 3 years | +23.1% | −41.8% | +111.8% | 0.0% |
| 5 years | +4.2% | – | – | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023, Mar 2025 and Mar 2026.
Mutual fund holdings
38 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 38 of the 38 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 38 funds holding MMTC
- AddedAdded. Funds that held more shares than at the end of the month before.
- 10
- CutCut. Funds that held fewer shares than at the end of the month before.
- 28
| Fund | |||
|---|---|---|---|
 Nippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund | 2,33,884 | 0.04% | ₹1.33 Cr |
 HDFC Nifty Smallcap 250 ETFHDFC Mutual Fund | 1,83,533 | 0.04% | ₹1.04 Cr |
| Nippon India Nifty 500 Equal Weight Index FundNippon India Mutual Fund | 1,57,977 | 0.20% | ₹0.90 Cr |
 SBI Nifty Smallcap 250 Index FundSBI Mutual Fund | 1,18,808 | 0.04% | ₹0.68 Cr |
 Motilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund | 84,276 | 0.04% | ₹0.48 Cr |
 ICICI Prudential Nifty Smallcap 250 Index FundICICI Prudential Mutual Fund | 53,273 | 0.04% | ₹0.30 Cr |
| HDFC Nifty Smallcap 250 Index FundHDFC Mutual Fund | 51,091 | 0.04% | ₹0.29 Cr |
 JioBlackRock Nifty Smallcap 250 Index FundJio BlackRock Mutual Fund | 26,660 | 0.04% | ₹0.15 Cr |
| Motilal Oswal Nifty 500 Index FundMotilal Oswal Mutual Fund | 24,323 | – | ₹0.14 Cr |
 Edelweiss Nifty Smallcap 250 Index FundEdelweiss Mutual Fund | 18,821 | 0.04% | ₹0.11 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
MMTC competitors and peers
Trading & Distributors, 196 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to MMTC in market cap. 1 company in the table last traded before then: its row is priced on its last trade.Services companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 RedingtonREDINGTON | 27,995 | 16.46 | 2.76 | +23.2% | +4.1% | 18.0% | 17.9% | 1.68% |
 MstcMSTCLTD | 3,915 | 16.71 | 4.33 | +21.0% | – | 28.5% | 21.5% | 2.82% |
 Shankara BuildproBUILDPRO | 2,638 | 20.10 | 4.84 | – | – | 24.1% | 37.0% | 0.46% |
 Creative NewtechCNL | 1,641 | – | 4.51 | +49.1% | – | – | 13.7% | 0.05% |
 BN AgrochemBNAGROCHEM | 1,204 | – | 2.58 | +84.5% | – | – | −1.1% | 0.00% |
| Pervasive CommoditiesPERVASIVE | 1,125 | – | 12.51 | +25.6% | – | −0.2% | −0.4% | 0.00% |
 RRP DefenseRRPDEFENSE | 810 | – | 59.88 | +39.3% | −362.5% | −32.6% | −16.2% | 0.00% |
 The Yamuna SyndicateYSL | 738 | – | 0.57 | +11.3% | – | – | 0.1% | 2.08% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.MMTC dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹0.30 a share, year to Mar 2019.
| Ex-date | Type | Per share |
|---|---|---|
| 19 Sep 2019 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹0.30 |
| 12 Sep 2018 | Final | ₹0.20 |
| 14 Sep 2017 | Final | ₹0.30 |
| 15 Sep 2016 | Final | ₹0.30 |
| 16 Sep 2015 | Final | ₹0.25 |
| 10 Sep 2014 | Final | ₹0.15 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.MMTC announcements
Oct 2026
Sep 2026
28 Sep · Management
17 Sep · General Updates
17 Sep · Management
Aug 2026
MMTC share price by year
Each calendar year to 2025.MMTC share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 67.23 | −7.3% | 85.77 | 48.41 |
| 2024 | 72.56 | +21.3% | 120.91 | 59.60 |
| 2023 | 59.80 | +58.2% | 87.10 | 26.55 |
| 2022 | 37.80 | −14.6% | 61.10 | 32.05 |
| 2021 | 44.25 | +67.3% | 61.45 | 26.90 |
| 2020 | 26.45 | +41.1% | 27.15 | 10.60 |
| 2019 | 18.75 | −39.3% | 30.90 | 14.30 |
| 2018 | 30.90 | −36.8% | 48.63 | 24.30 |
| 2017 | 48.87 | +38.8% | 64.20 | 36.10 |
| 2016 | 35.20 | +10.3% | 36.70 | 20.53 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 50.56 | 51.28 | 49.76 | 50.66 | 50.63 | 10,16,357 | 31.6% |
| 23 Oct 2026 | 51.97 | 51.99 | 49.41 | 50.57 | 50.34 | 14,55,934 | 41.1% |
| 22 Oct 2026 | 53.38 | 53.38 | 51.92 | 52.06 | 52.36 | 13,76,882 | 42.9% |
| 21 Oct 2026 | 55.49 | 55.49 | 53.01 | 53.44 | 53.78 | 10,97,970 | 35.7% |
| 19 Oct 2026 | 56.07 | 56.48 | 54.40 | 54.89 | 55.53 | 10,65,503 | 40.2% |
| 16 Oct 2026 | 56.60 | 57.38 | 55.95 | 56.49 | 56.58 | 9,61,941 | 30.1% |
| 15 Oct 2026 | 58.56 | 58.56 | 56.10 | 56.86 | 57.25 | 16,54,166 | 26.3% |
| 14 Oct 2026 | 57.70 | 61.00 | 57.40 | 58.56 | 58.85 | 1,42,64,687 | 7.5% |
| 13 Oct 2026 | 54.85 | 59.80 | 52.50 | 56.81 | 57.27 | 4,30,74,656 | 2.6% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 3 May 2018 | Bonus | 0.6667 | Holders received 1 bonus share for every 2 held. |
| 29 Jul 2010 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 29 Jul 2010 | Split | 0.1000 | Each share became 10. |
| 14 Sep 2009 | Price move | – | Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.
Company details
- NSE symbol
- MMTC
- BSE code
- 513377
- ISIN
- INE123F01029
- Industry
- Commercial Services & Supplies
- Website
- www.mmtclimited.gov.in
- CIN
- L51909DL1963GOI004033
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1963
- Registered office
- Core-1, Scope Complex, 7, Institutional Area, Lodhi Road, New Delhi 110003, Delhi
- Share registrar
- MCS Share Transfer Agent Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
In Nifty 500, Nifty Smallcap 250, BSE SmallCap, Nifty Total Market, BSE Services, Nifty Commercial & Transport Services