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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
MMTC Limited is an India-based trading company. The principal activities of the Company are the export of minerals and the import of precious metals, non-ferrous metals, fertilizers, agro products, coal, and hydrocarbons, among others. Its trade activities span across various…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, reasonably priced — but flagged on governance.
MMTC is scored on the general / industrial framework. Cash conversion lags the reported profit (CFO/PAT -1.56×) — worth a closer look. Free cash flow is worth about -0.3% of its market value.
Over the last 3 years revenue compounded at -63%/yr and profit at -37%/yr. Book value has grown 15%/yr. Return on equity is a weak 4.7%. In the latest quarter profit fell 17% versus the prior quarter.
At 21× earnings, the stock sits at the 29th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~7%/yr earnings growth for a decade. The forensic screen raises a red flag: Only ₹-0.26 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 17.89 | 6.69 | worse |
| P/B | 3.77 | 3.37 | worse |
| EV/EBITDA | 8.73 | — | — |
| ROE | 4.72 | 24.99 | worse |
| ROCE | 7.79 | 4.19 | better |
| ROA | 16 | — | — |
| Quick Ratio | 3.4 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Adani Enterprises | 69.6 | 3.8 | 3.7% |
| Aegis Logistics | 25.8 | 6.0 | 20.0% |
| Premier Energies | 22.8 | 7.8 | 34.2% |
Revenue declined 31% in the latest year — a break from prior trajectory. Negative CAGR — the top line has shrunk over this window. Growth is decelerating — latest year grew slower than the year before.
Profit is growing faster than revenue (-37% vs -63%) — margin expansion is at work. The latest year saw a +347% swing — check if it's a one-off or structural.
Operating margin has compressed from 49% to 44% — costs or competition are eating into profitability. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 18% — a respectable return on shareholder capital. ROE powered by fat margins — the hallmark of a high-quality franchise with pricing power. Capital efficiency declining — ROE down 92pp.
-37% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 306% sequentially — momentum is building. Wide quarterly swings (76% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 150% above earlier ones.
Profit fell 17% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (444% → 71%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 89.9% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.