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MMTC

BSE:513377
Snowflake Description

Questionable track record with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
513377
BSE
₹26B
Market Cap
  1. Home
  2. IN
  3. Capital Goods
Company description

MMTC Limited operates as a trading company in Asia, Europe, Africa, the Middle East, Latin America, and North America. The last earnings update was 22 days ago. More info.


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  • MMTC has significant price volatility in the past 3 months.
513377 Share Price and Events
7 Day Returns
0%
BSE:513377
-0.7%
IN Trade Distributors
-0.3%
IN Market
1 Year Returns
-34.4%
BSE:513377
11.2%
IN Trade Distributors
5%
IN Market
513377 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
MMTC (513377) 0% -5.5% -12.7% -34.4% -50.8% -51.8%
IN Trade Distributors -0.7% 5.1% 42.5% 11.2% 19% -48.7%
IN Market -0.3% -0.5% 10% 5% 27.8% 27.6%
1 Year Return vs Industry and Market
  • 513377 underperformed the Trade Distributors industry which returned 11.2% over the past year.
  • 513377 underperformed the Market in India which returned 5% over the past year.
Price Volatility
513377
Industry
5yr Volatility vs Market
Related Companies

Value

 Is MMTC undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of MMTC to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for MMTC.

BSE:513377 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-09-30) in INR ₹ .300000
Payout Ratio Company Filings (2019-09-30) 5321.9%
Discount Rate (Cost of Equity) See below 17.8%
Perpetual Growth Rate 10-Year IN Government Bond Rate 6.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:513377
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 6.5%
Equity Risk Premium S&P Global 7.9%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.94
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.936 (1 + (1- 35%) (71.14%))
1.447
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.45
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 6.48% + (1.447 * 7.85%)
17.84%

Discounted Cash Flow Calculation for BSE:513377 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for MMTC is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

BSE:513377 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= ₹0.3 / (17.84% - 6.48%)
₹1.83
BSE:513377 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹1.83
Current discount Discount to share price of ₹17.95
= -1 x (₹17.95 - ₹1.83) / ₹1.83
-879.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of MMTC is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for MMTC's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are MMTC's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:513377 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in INR ₹0.25
BSE:513377 Share Price ** BSE (2019-12-05) in INR ₹17.95
India Trade Distributors Industry PE Ratio Median Figure of 87 Publicly-Listed Trade Distributors Companies 18.12x
India Market PE Ratio Median Figure of 2,633 Publicly-Listed Companies 12.96x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of MMTC.

BSE:513377 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:513377 Share Price ÷ EPS (both in INR)

= 17.95 ÷ 0.25

72.12x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MMTC is overvalued based on earnings compared to the IN Trade Distributors industry average.
  • MMTC is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does MMTC's expected growth come at a high price?
Raw Data
BSE:513377 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 72.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Trade Distributors Industry PEG Ratio Median Figure of 47 Publicly-Listed Trade Distributors Companies 1.27x
India Market PEG Ratio Median Figure of 601 Publicly-Listed Companies 1.11x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for MMTC, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on MMTC's assets?
Raw Data
BSE:513377 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in INR ₹7.97
BSE:513377 Share Price * BSE (2019-12-05) in INR ₹17.95
India Trade Distributors Industry PB Ratio Median Figure of 128 Publicly-Listed Trade Distributors Companies 0.69x
India Market PB Ratio Median Figure of 3,565 Publicly-Listed Companies 0.86x
BSE:513377 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:513377 Share Price ÷ Book Value per Share (both in INR)

= 17.95 ÷ 7.97

2.25x

* Primary Listing of MMTC.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • MMTC is overvalued based on assets compared to the IN Trade Distributors industry average.
X
Value checks
We assess MMTC's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. MMTC has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is MMTC expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MMTC has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.5%
Expected Trade Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is MMTC expected to grow at an attractive rate?
  • Unable to compare MMTC's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare MMTC's earnings growth to the India market average as no estimate data is available.
  • Unable to compare MMTC's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:513377 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 17.5%
Asia Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 3.7%
India Market Earnings Growth Rate Market Cap Weighted Average 19.7%
India Market Revenue Growth Rate Market Cap Weighted Average 11.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:513377 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:513377 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-09-30 308,151 -8,192 381
2019-06-30 314,635 1,228
2019-03-31 294,397 -3,552 1,087
2018-03-31 164,510 -4,551 375
2017-03-31 118,269 2,729 -298

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if MMTC is high growth as no earnings estimate data is available.
  • Unable to determine if MMTC is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:513377 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from MMTC Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:513377 Past Financials Data
Date (Data in INR Millions) EPS *
2019-09-30 0.25
2019-06-30 0.81
2019-03-31 0.72
2018-03-31 0.25
2017-03-31 -0.20

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if MMTC will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 513377’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. MMTC's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. MMTC's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess MMTC's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
MMTC has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has MMTC performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare MMTC's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • MMTC has delivered over 20% year on year earnings growth in the past 5 years.
  • MMTC's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • MMTC's 1-year earnings growth is negative, it can't be compared to the IN Trade Distributors industry average.
Earnings and Revenue History
MMTC's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from MMTC Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:513377 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 308,150.60 380.50 1,962.80
2019-06-30 314,635.30 1,227.50 2,563.80
2019-03-31 294,396.90 1,087.20 2,367.30
2018-03-31 164,509.80 375.20 3,113.50
2017-03-31 118,269.00 -297.60 2,223.80
2016-03-31 126,078.88 -966.82 2,128.14
2015-03-31 239,316.42 -424.78 2,098.38
2014-03-31 281,422.55 -181.58 13,615.50
2013-03-31 328,856.15 -1,106.54 10,729.96

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • MMTC has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • MMTC used its assets less efficiently than the IN Trade Distributors industry average last year based on Return on Assets.
  • MMTC has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess MMTC's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
MMTC has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is MMTC's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up MMTC's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • MMTC is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • MMTC's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of MMTC's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from MMTC Company Filings, last reported 2 months ago.

BSE:513377 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 11,903.40 18,833.50 1,551.60
2019-06-30 12,687.30 9,614.90 1,426.60
2019-03-31 12,687.30 9,614.90 578.10
2018-03-31 12,027.00 5,192.60 671.10
2017-03-31 12,007.40 4,401.80 6,235.20
2016-03-31 12,683.16 4,649.99 1,834.55
2015-03-31 13,643.09 4,364.57 4,310.30
2014-03-31 14,501.83 5,579.15 7,019.24
2013-03-31 14,919.90 16,794.32 17,206.29
  • MMTC's level of debt (158.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (35.3% vs 158.2% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 2.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess MMTC's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. MMTC has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is MMTC's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.67%
Current annual income from MMTC dividends.
If you bought ₹2,000 of MMTC shares you are expected to receive ₹33 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • MMTC's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.58%).
  • MMTC's dividend is below the markets top 25% of dividend payers in India (2.47%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:513377 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 25 Stocks 0.4%
India Market Average Dividend Yield Market Cap Weighted Average of 1391 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:513377 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-09-03 0.300 1.657
2018-08-31 0.200 0.772
2018-05-29 0.200 0.593
2017-08-31 0.200 0.481
2017-05-29 0.200 0.516
2016-08-30 0.200 0.547
2016-05-30 0.200 0.687
2015-09-29 0.167 0.621
2014-10-14 0.100 0.291
2013-08-14 0.067 0.170
2012-08-28 0.167 0.120
2011-08-18 0.167 0.035
2010-09-21 0.300 0.045
2009-06-01 0.267 0.025
2009-03-17 0.317 0.055

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of MMTC's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.8x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess MMTC's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can MMTC afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. MMTC has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of MMTC's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ved Prakash
COMPENSATION ₹6,292,407
AGE 59
TENURE AS CEO 4.8 years
CEO Bio

Mr. Ved Prakash has been the Chairman and Managing Director of MMTC Ltd. since March 19, 2015 and served as its Director of Marketing since September 21, 2010. Mr. Prakash served as the Chief General Manager at MMTC Ltd. He served as the Chief General Manager of NINL & Wind Power Projects at MMTC Ltd. He serves as the Chairman of Neelachal Ispat Nigam Limited. He has been a Whole Time Director of MMTC Ltd. since September 21, 2010. He served as Director of MMTC Ltd from February 19, 2010 to September 21, 2010. Mr. Prakash studied at Indian Institute of Management Calcutta.

CEO Compensation
  • Ved's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Ved's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the MMTC management team in years:

1.9
Average Tenure
57.5
Average Age
  • The average tenure for the MMTC management team is less than 2 years, this suggests a new team.
Management Team

Ved Prakash

TITLE
Chairman & MD
COMPENSATION
₹6M
AGE
59
TENURE
4.8 yrs

Umesh Sharma

TITLE
Director of Finance
COMPENSATION
₹4M
AGE
59
TENURE
2.2 yrs

Ashwani Sondhi

TITLE
Director of Marketing & Executive Director
COMPENSATION
₹4M
AGE
57

J. Shanker

TITLE
Director of Marketing & Executive Director
COMPENSATION
₹10M
AGE
54
TENURE
1.4 yrs

G. Anandanarayanan

TITLE
Company Secretary
COMPENSATION
₹2M
TENURE
3.5 yrs

Anita Guptrishi

TITLE
General Manager of Corporate Communication
TENURE
1.7 yrs

Rajiv Sinha

TITLE
Director of Personnel & Whole Time Director
AGE
55
TENURE
0.5 yrs

Sanjay Kaul

TITLE
Chief General Manager of Minerals

N. Balaji

TITLE
Chief General Manager of General Trade & Projects
TENURE
2.3 yrs

Arun Chandra

TITLE
Chief General Manager of Systems
AGE
58
TENURE
0.9 yrs
Board of Directors Tenure

Average tenure and age of the MMTC board of directors in years:

2.5
Average Tenure
58
Average Age
  • The average tenure for the MMTC board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ved Prakash

TITLE
Chairman & MD
COMPENSATION
₹6M
AGE
59
TENURE
4.8 yrs

Umesh Sharma

TITLE
Director of Finance
COMPENSATION
₹4M
AGE
59
TENURE
2.2 yrs

Ashwani Sondhi

TITLE
Director of Marketing & Executive Director
COMPENSATION
₹4M
AGE
57
TENURE
3.5 yrs

J. Shanker

TITLE
Director of Marketing & Executive Director
COMPENSATION
₹10M
AGE
54
TENURE
1.4 yrs

Rajiv Sinha

TITLE
Director of Personnel & Whole Time Director
AGE
55
TENURE
0.5 yrs

Sunil Kumar

TITLE
Government Nominee Director
AGE
56
TENURE
2.2 yrs

Rajnish Goenka

TITLE
Non-Official Part Time Independent Director
COMPENSATION
₹120K
AGE
66
TENURE
2.9 yrs

Rajendrasinh Jadeja

TITLE
Non-Official Part Time Independent Director
COMPENSATION
₹180K
AGE
68
TENURE
2.8 yrs

Jayant Dasgupta

TITLE
Non-Official Part Time Independent Director
COMPENSATION
₹150K
AGE
65
TENURE
2.8 yrs

G. Manjunath

TITLE
Non-Official Part Time Independent Director
COMPENSATION
₹45K
AGE
51
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess MMTC's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. MMTC has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

MMTC Limited operates as a trading company in Asia, Europe, Africa, the Middle East, Latin America, and North America. The company operates through Minerals, Precious Metals, Metals, Agro Products, Coal & Hydrocarbon, Fertilizer, and General Trade/others segments. It exports mineral products, such as iron ore fines and lumps, chrome ore, chrome concentrate, manganese ore, bentonite, bentonite power, bauxite, feldspar, quartz, sandstone, granite, mica flakes, and other products. The company also imports and exports gold, silver, platinum, palladium, rough diamonds, emeralds, rubies, and other semi-precious stones; operates jewelry and sterling silverware showrooms; and manufacture of gold and silver medallions. In addition, it imports and exports non-ferrous metals, such as copper, aluminum, zinc and lead ingots, tin ingots, nickel, briquettes, ferro nickel, etc.; minor metals comprising antimony, silicon, cobalt metal, silicon, magnesium, and mercury; brown and white fused alumina, calcined alumina and bauxite, noble metals, and ferro alloys; and aluminum, zinc, and other alloys. Further, the company trades in agro products, including wheat, rice, maize, soya bean meal, sugar, edible oil, and pulses; and imports and sells fertilizers and raw materials, such as urea, di-ammonium phosphate, mono-ammonium phosphate, powdered mono-ammonium phosphate, muriate of potash, complex fertilizers, sulphur and rock phosphate, and phosphoric acid. Additionally, it trades in non-coking and coking coal, naphtha, LAM coke, furnace oil, and bitumen; and engineering products, as well as operates a 15 megawatt wind mill project located at Gajendergarh in Karnataka. MMTC Limited was founded in 1963 and is based in New Delhi, India.

Details
Name: MMTC Limited
513377
Exchange: BSE
Founded: 1963
₹26,475,000,000
1,500,000,000
Website: http://mmtclimited.com
Address: MMTC Limited
Scope Complex,
Core -1,
New Delhi,
Delhi, 110003,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 513377 Equity Shares Mumbai Stock Exchange IN INR 23. Jul 2002
NSEI MMTC Equity Shares National Stock Exchange of India IN INR 23. Jul 2002
Number of employees
Current staff
Staff numbers
0
MMTC employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/05 12:35
End of day share price update: 2019/12/05 00:00
Last earnings filing: 2019/11/13
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.