MMTC share price today

MMTC Ltd's share price was ₹53.50 at the close on 4 November 2026. It has been falling for 8 weeks. That is 13.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹50 and ₹76, and at that close it sat 12% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today MMTC Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 18 weeks running.

Over the last 11 years the share price moved +128% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 3 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: operating margin down 1270 points on a year earlier and profit up on a year earlier for 5 quarters in a row.

1. Operating margin down 1270 points on a year earlier

   -2969% in the June 2026 quarter, from -1699%.

2. Profit up on a year earlier for 5 quarters in a row

   In the June 2026 quarter profit was ₹104 crore, +136.4% on a year earlier.

MMTC has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

Not in its latest year. MMTC Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 2 of its last 13 reported years, so there is a history but no current dividend.

From the NSE corporate-actions record, read 5 November 2026.

For April to June 2026 (the quarter ended 30 June 2026), MMTC reported revenue of ₹1.00 crore, up 0.0% from ₹1.00 crore a year earlier, and a profit of ₹104 crore, up 136.4% from ₹44.0 crore.

MMTC results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

MMTC closed at ₹53.50 on 4 November 2026, down 18.1% from ₹65.32 a year earlier (7 November 2025) and up 23.4% over five years. Its highest weekly close since March 2016 was ₹107.23 on 2 August 2024.

MMTC share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: MMTC closed at ₹53.50, up 6.1% on the week and down 5.0% on the month. Results for April to June 2026: Revenue up 0.0% and profit up 136.4% on a year earlier.

MMTC is on 2 of our India lists: 52 week high & low and Penny stocks.

MMTC Ltd earned ₹104 Cr of net profit in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. Full-year FY26 profit was ₹387 Cr. That is 10,400.0% of the quarter's revenue. The same quarter a year earlier earned ₹44.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Jun 2026 profit was ₹104 Cr, +136.4% on a year earlier. For the full year, FY26 profit was ₹387 Cr (+344.8% on the year before).

Read this profit with care: at ₹104 Cr it is bigger than the quarter's whole revenue of ₹1.0 Cr. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a −2,969.0% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings.

MMTC Ltd reported ₹1.0 Cr of revenue in the Jun 2026 quarter, +0.0% on the same quarter a year earlier. Over 10 years it has grown −58.3% a year on average. The last full year, FY26, came in at ₹2.0 Cr. The last four reported quarters add to ₹3.0 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹2.0 Cr, +100.0% on the year before.

Recent pace: the last four quarters grew −25.0% on average, against −58.3% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Profit over the last 12 months grew +356.1%, against +45.6% a year (accelerating).

MMTC Ltd's sales have fallen to very little: FY26 revenue was ₹2.0 Cr, against ₹30,000 Cr in FY21. On sales that small an operating margin is not a useful reading, so this section is left out until sales recover.

Over the last 3 years MMTC Ltd's operations used more cash than they brought in, so cash conversion was −199%, a gap worth watching. In FY26 its operations used ₹605 Cr of cash, against ₹387 Cr of profit. After ₹0.0 Cr of spending on assets, free cash was −₹605 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: it has been selling more assets than it buys. The next section shows those figures.

MMTC Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹2.0 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. Over the last 3 years it sold more assets than it bought, by ₹1.0 Cr.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Over the last 3 years, money from selling assets was ₹1.0 Cr more than it spent on new ones. Work still in progress is ₹0.0 Cr (FY26).

In short: assets are being sold, not built, so this cash is not going into new capacity.

MMTC Ltd's P/E is 39.9×, near the low end of its own history: it has been lower only 26% of the time. Its usual P/E (the middle reading) is 74.6×, over 8.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved +344.8% while the price moved −18.1%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 5 years the price moved +4.3% a year; about +8.8% a year came from earnings growth and about −4.5 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

MMTC Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 9.0%; each line tells part of the story. This is based on 12 quarters of 4 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.