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Last Updated on: 23 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of MMTC Ltd

About the Company - MMTC Ltd

MMTC Ltd. is a Public Limited Listed company incorporated on 26/09/1963 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L51909DL1963GOI004033 and registration number is 004033. Currently Company is involved in the business activities of Wholesale of fertilizers and agrochemical products. Company’s Total Operating Revenue is Rs. 8393.29 Cr. and Equity Capital is Rs. 150.00 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Trading & DistributorsCore-1, Scope Complex, 7 Institutional Area, New Delhi Delhi 110003mmtc@mmtclimited.com
http://www.mmtclimited.com
Management
NamePosition Held
Mr. Hardeep SinghChairman & Managing Director
Mr. Rajiv Ranjan SinhaDirector - Personnel
Mr. Kapil Kumar GuptaDirector - Finance & CFO
Dr. Pradip Kumar VarmaNon Official Independent Director
Ms. S MeenakshiNon Official Independent Director
Mr. Srinivas Rao MaddiNon Official Independent Director
Mr. Nabarun NayakNon Official Independent Director
Mr. Vipul BansalGovernment Nominee Director
Mrs. Arti BhatnagarGovernment Nominee Director

MMTC Ltd. Share Price Update

Share PriceValue
Today₹82.75
Previous Day₹83.67

Basic Stock Data of MMTC Ltd

Market Cap 12,501 Cr.
Current Price 83.3
High / Low102/26.3
Stock P/E132
Book Value 9.64
Dividend Yield0.00 %
ROCE23.0 %
ROE49.2 %
Face Value 1.00

Data Source: screener.in

Competitors of MMTC Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Uniphos Enterprises Ltd 1,008 Cr. 145184/13225.4 3794.49 %1.24 %1.23 % 2.00
AA Plus Tradelink Ltd 6.49 Cr. 7.9520.4/4.1018.0 16.20.00 %2.06 %1.64 % 10.0
Sicagen India Ltd 255 Cr. 64.579.5/29.019.6 1160.94 %4.29 %2.72 % 10.0
Shankara Building Products Ltd 1,783 Cr. 781929/57423.4 2950.33 %15.6 %10.8 % 10.0
Adani Enterprises Ltd 3,76,457 Cr. 3,3023,309/1,103100 3220.04 %9.49 %9.63 % 1.00
Industry Average53.3 Cr200.2937.28225.641.16%6.54%5.2%6.6

MMTC Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales6,77611,5149,3074,9042,3162,3212,2561,511545763708214-210
Expenses6,78711,5039,3384,9312,3462,3401,7431,532581797729277-180
Operating Profit-1111-31-27-30-19513-21-36-34-21-63-30
OPM %-0%0%-0%-1%-1%-1%23%-1%-7%-4%-3%-29%
Other Income17-10-834-20-129027121,89652448386
Interest4851564850535711210-7701
Depreciation2111111111111
Profit before tax-44-52-922-96-210-74481-1221,84924151854
Tax %-1%-1%35%-0%-0%-0%75%-0%15%-314%34%21%3%
Net Profit-45-52-597-96-211-74118-1221,57798101552
EPS in Rs-0.30-0.35-3.98-0.64-1.40-0.490.79-0.8110.510.650.070.100.35

MMTC Ltd Quarterly Chart

MMTC Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales67,02232,88528,14223,93112,60711,82516,45029,43926,30430,00011,7953,5271,475
Expenses66,97432,80828,00123,93112,66811,93716,42829,25626,43630,04511,3383,6341,624
Operating Profit48781410-62-11223183-132-45457-107-148
OPM %0%0%0%0%-0%-1%0%1%-0%-0%4%-3%-10%
Other Income608773116851364936-8-859-1262,000265
Interest5932538740312318681442032251221
Depreciation14171724675666555
Profit before tax49-11667105-94-648146-291-1,1121011,766110
Tax %13%46%11%26%-3%-435%21%25%-0%29%355%12%
Net Profit57-111-18-42-97-3038109-292-789-2581,562174
EPS in Rs0.38-0.74-0.12-0.28-0.64-0.200.250.72-1.94-5.26-1.7210.421.17
Dividend Payout %44%-9%-83%-59%-31%-101%80%41%0%0%0%0%

MMTC Ltd Profit & Loss Yearly Chart

Adani Enterprises Ltd Growth

Compounded Sales Growth
10 Years:-20%
5 Years:-27%
3 Years:-49%
TTM:-86%
Compounded Profit Growth
10 Years:14%
5 Years:48%
3 Years:48%
TTM:-79%
Stock Price CAGR
10 Years:11%
5 Years:26%
3 Years:42%
1 Year:163%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:49%

MMTC Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital100100100100100100100150150150150150150
Reserves1,5961,3921,3501,2641,1681,1011,1031,119733-50-2981,2621,297
Borrowings3,5581,6795584362734405199613,8502,4222,62620326
Other Liabilities5,5813,7263,0504,4992,1174,2073,4502,1501,6772,9522,3062,0641,940
Total Liabilities10,8356,8975,0586,3003,6595,8485,1724,3806,4105,4744,7833,6783,413
Fixed Assets151164146122575752494942383429
CWIP118126142153100000000
Investments6084734322752142471281478082102127194
Other Assets9,9596,1354,3385,7493,3865,5444,9924,1846,2825,3504,6433,5173,190
Total Assets10,8356,8975,0586,3003,6595,8485,1724,3806,4105,4744,7833,6783,413

MMTC Ltd Reserves and Borrowings Chart

MMTC Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -1,24268171-178-54273-455-367-2,5881,704-0754
Cash from Investing Activity 6422501278587-681179-581131,959
Cash from Financing Activity -3,286-2,158-1,217-178-119110263392,689-1,634-5-2,547
Net Cash Flow-3,886-1,228-1,019-271-86315-312-194280-3166

MMTC Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days1521234624168528101242
Inventory Days5114513784143110
Days Payable192921532923251510131837
Cash Conversion Cycle236-177123-622-2-55
Working Capital Days8771022172822571958-8
ROCE %11%9%14%6%-8%-5%4%11%-3%-1%19%23%

MMTC Ltd Financial Efficiency Indicators Chart

MMTC Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters89.93%89.93%89.93%89.93%89.93%89.93%89.93%89.93%89.93%89.93%89.93%89.93%
FIIs0.00%0.00%0.00%0.01%0.01%0.07%0.02%0.02%0.03%0.02%0.02%0.02%
DIIs4.03%4.01%3.52%2.93%2.81%2.56%2.56%2.56%2.56%2.56%2.56%2.52%
Public6.04%6.07%6.55%7.13%7.25%7.45%7.49%7.49%7.47%7.49%7.48%7.54%
No. of Shareholders1,18,5241,49,9381,66,6451,72,6851,79,3861,98,2681,93,9821,94,6621,87,0921,85,2331,84,3502,63,645

MMTC Ltd Shareholding Pattern Chart

No. of MMTC Ltd Shareholders

MMTC Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Quant Small Cap Fund10000000.045.03
Nippon India Nifty Smallcap 250 Index Fund953400.060.48
Motilal Oswal Nifty Smallcap 250 Index Fund582570.060.29
SBI Nifty Smallcap 250 Index Fund455140.060.23
ICICI Prudential Nifty Smallcap 250 Index Fund240200.060.12
HDFC NIFTY Smallcap 250 ETF122600.060.06
HDFC Nifty Smallcap 250 Index Fund100680.060.05
Motilal Oswal Nifty 500 Index Fund63560.010.03
Edelweiss Nifty Smallcap 250 Index Fund23630.060.01
ICICI Prudential S&P BSE 500 ETF15270.010.01

MMTC Ltd ROCE Trend

MMTC Ltd EPS Trend

MMTC Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)10.42-1.75-5.26-1.620.72
Diluted EPS (Rs.)10.42-1.75-5.26-1.620.72
Cash EPS (Rs.)7.18-1.79-5.23-1.430.59
Book Value[Excl.RevalReserv]/Share (Rs.)9.40-0.990.656.068.45
Book Value[Incl.RevalReserv]/Share (Rs.)9.40-0.990.656.068.45
Revenue From Operations / Share (Rs.)23.5278.64200.01175.36196.26
PBDIT / Share (Rs.)-0.103.06-0.18-0.171.35
PBIT / Share (Rs.)-0.133.02-0.22-0.221.32
PBT / Share (Rs.)8.510.59-7.42-1.460.80
Net Profit / Share (Rs.)7.15-1.83-5.27-1.470.55
NP After MI And SOA / Share (Rs.)10.42-1.75-5.26-1.820.72
PBDIT Margin (%)-0.423.88-0.09-0.100.68
PBIT Margin (%)-0.573.84-0.11-0.120.67
PBT Margin (%)36.170.75-3.71-0.830.41
Net Profit Margin (%)30.39-2.32-2.63-0.830.28
NP After MI And SOA Margin (%)44.27-2.22-2.63-1.040.36
Return on Networth / Equity (%)110.740.00-800.40-30.098.57
Return on Capital Employeed (%)-1.38-425.67-22.98-2.9213.54
Return On Assets (%)42.47-5.48-14.41-4.252.48
Long Term Debt / Equity (X)0.000.000.000.180.00
Total Debt / Equity (X)0.13-17.5724.524.230.75
Asset Turnover Ratio (%)0.831.644.424.406.02
Current Ratio (X)1.480.890.881.131.33
Quick Ratio (X)1.480.880.871.081.23
Inventory Turnover Ratio (X)0.882.850.570.710.12
Dividend Payout Ratio (NP) (%)0.000.000.000.0033.26
Dividend Payout Ratio (CP) (%)0.000.000.000.0031.61
Earning Retention Ratio (%)0.000.000.000.0066.74
Cash Earning Retention Ratio (%)0.000.000.000.0068.39
Interest Coverage Ratio (X)-0.122.20-0.13-0.183.04
Interest Coverage Ratio (Post Tax) (X)-1.860.431.43-0.232.40
Enterprise Value (Cr.)3034.879042.268524.205475.195027.15
EV / Net Operating Revenue (X)0.860.760.280.200.17
EV / EBITDA (X)-202.3219.71-302.49-206.1424.76
MarketCap / Net Operating Revenue (X)1.190.560.210.070.14
Retention Ratios (%)0.000.000.000.0066.73
Price / BV (X)2.97-44.3864.502.043.31
Price / Net Operating Revenue (X)1.190.560.210.070.14
EarningsYield0.37-0.03-0.12-0.140.02

MMTC Ltd Profitability Ratios (%)

MMTC Ltd Liquidity Ratios

MMTC Ltd Liquidity Ratios (%)

MMTC Ltd Interest Coverage Ratios (%)

MMTC Ltd Valuation Ratios

Fair Value of MMTC Ltd Stock

Fair Value: ₹638.58

The stock is undervalued by 666.60% compared to the current price ₹83.3

*Investments are subject to market risks

Strength and Weakness of MMTC Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of 20.58, which is a positive sign.
  2. The company has shown consistent growth in sales (22.23 cr) and profit (9.15 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 0.75 and average Dividend Yield of 0.74%.
  2. The stock has a low average ROCE of 6.67%, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 10.42, which may not be favorable.
  4. The company has higher borrowings (1,350.08) compared to reserves (1,002.85), which may suggest financial risk.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in MMTC Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE