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India
Reported ownership for FY2027-Q1 as of 2026-06-30.
As of 06 Nov 2026, 03:30 pm
MMTC’s Board of Directors will meet on November 10, 2026, to consider and approve the Half-Yearly Unaudited Financial Results for the period ended September 30, 2026. This filing is a primary source for assessing the company's standalone and consolidated financial performance for the first half of the fiscal year.
As of November 6, 2026, MMTC shares have declined by -19.1% over the trailing one-year period and -18.7% year-to-date. The stock has also fallen -27.8% since the start of the tracking period, indicating a sustained downward trend in market valuation over this timeframe.
On November 6, 2026, with the share closing at ₹53.45, immediate support was observed at ₹53.43 (0.03% below) and ₹52.84 (1.15% below). Resistance levels were identified at ₹53.79 (0.63% above), ₹54.38 (1.75% above), and ₹54.74 (2.41% above).
The stock exhibits high volatility, with an annualized volatility of +46.9% and an Average True Range (ATR) of 3.63%. As of November 6, 2026, the stock is in a current drawdown of -37.7%, having experienced a maximum drawdown of -41.2%, suggesting significant recent price fluctuations and downside risk.
As of 06 Nov 2026, 03:30 pm
Showing 3 of 6 candles
Recent drawdown or price variability is materially high and may lead to larger short-term outcomes.
Primary driver: Price remains materially below a previous peak
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
Downward price movement of 2.62 standard deviations recorded on 2026-10-23.
Unusual market activity that may warrant review of the underlying price, volume, or news context.
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
Trading activity was substantially higher than usual and the price closed higher.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue From Operations | ₹68 lakh | ₹61 lakh | ₹34 lakh | ₹1.10 crore | PEAK₹1.36 crore |
| Profit Before Exceptional Items And Tax | PEAK₹124.50 crore | -₹80.52 crore | ₹9.91 crore | ₹14.33 crore | ₹45.87 crore |
| Profit Before Tax | ₹124.55 crore | ₹15.54 crore | ₹9.54 crore | PEAK₹392.33 crore | ₹45.88 crore |
| Profit Loss For Period | ₹104.24 crore | ₹126.03 crore | ₹46.27 crore | PEAK₹170.81 crore | ₹44.26 crore |
| Tax Expense | ₹30.82 crore | -₹16.15 crore | -₹57 lakh | PEAK₹258.74 crore | ₹9.21 crore |
| Finance Costs | ₹5 lakh | ₹23 lakh | PEAK₹31 lakh | ₹2 lakh | ₹22 lakh |
Tax expense was ₹30.82 crore, resulting in an effective tax rate of approximately 24.7% on profit before tax. This contrasts with the previous quarter, when tax expense was a negative ₹16.15 crore, which had increased net profit. In Q1 last year, tax expense was ₹9.21 crore.
Net profit for the period was ₹104.24 crore, down 17.3% from ₹126.03 crore in the previous quarter but up 135.5% from ₹44.26 crore in Q1 last year. The sequential decline reflects the absence of the large exceptional gain of ₹96.06 crore and the negative tax charge that boosted the previous quarter’s net profit. The year-over-year increase was driven by a much larger unallocable net income compared to the same quarter last year.
MMTC’s Q1 FY2026-27 profit before tax surged year-over-year, driven by a large unallocable net income, while trading revenue remained minimal. The company’s earnings continue to depend heavily on unallocable items rather than
Exchange disclosures and regulatory announcements for MMTC.
MMTC Limited submitted a routine compliance update to the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE) on November 6, 2026, confirming that its Registrar and Transfer Agent, MCS Share Transfer Agent Limited, received zero (NIL) requests for the re-lodgment of transfer requests for physical shares during October 2026. This reporting fulfills obligations under SEBI Circular No. HO/38/13/11 (2) 2026-MIRSD-POD/I/3750/2026 dated January 30, 2026.
MMTC LIMITED has informed the Exchange about Board Meeting to be held on 10-Nov-2026 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Other business. |SUBJECT: Board Meeting Intimation
Board Meeting Intimation |Meeting Date: 10-Nov-2026
MMTC Limited has intimated the National Stock Exchange and Bombay Stock Exchange regarding its 492nd Board of Directors meeting scheduled for Tuesday, November 10, 2026, at 12:30 Hrs. The primary agenda is to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026.
MMTC Limited has informed the Exchange regarding the receipt of 458 requests for Re-Lodgment of Transfer requests of Physical Shares as per SEBI Circular No. HO/38/13/11 (2) 2026-MIRSD-POD/I/3750/2026 dated January 30, 2026' for September 2026. |SUBJECT: Updates
MMTC Limited submitted a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate, issued by MCS Share Transfer Agent Limited on October 5, 2026, confirms that within 15 days of receipt, securities received for dematerialization were listed on stock exchanges, and the corresponding certificates were mutilated, cancelled, and the depository's name substituted as registered owner. This is a routine compliance filing with no disclosed amounts or material business impact.
MMTC LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
Recent market and company developments associated with MMTC.
Supreme Court upholds ₹1,950 crore NSEL settlement, enabling faster payouts to 5,682 traders and closing major hurdles.
MMTC Ltd notched up volume of 373.46 lakh shares by 14:14 IST on NSE, a 29.12 fold spurt over two-week average daily volume of 12.82 lakh shares
Some Nifty 500 stocks rallied as others slipped on reasons including crude oil's extended rise. Here's a look at today's top gainers and losers at market open
Comprehensive Section Breakdown for MMTC
Strategic Vision: Facilitates international trade and earns foreign exchange for India.
• Government of India undertaking status
• Established international trading operations
• Extensive global network of channel partners and distribution
MMTC reported a sharp increase in profit before tax to ₹124.55 crore in Q1 FY2026-27, up 171% from ₹45.88 crore in the same quarter last year. This profit was generated despite revenue from operations of only ₹68 lakh, which remained at a very low level. The quarter’s profitability was driven by a large net unallocable income of ₹101.53 crore, while exceptional items were negligible. Net profit rose to ₹104.24 crore from ₹44.26 crore a year ago, though it fell 17% from the preceding quarter, which had benefited from a large exceptional gain and a negative tax expense.
Revenue from operations was ₹68 lakh in Q1 FY2026-27, a slight increase from ₹61 lakh in the previous quarter but a 50% decline from ₹1.36 crore in Q1 FY2025-26. The absolute level is very low, and over the past year it has ranged between ₹34 lakh and ₹1.36 crore per quarter. Total income (turnover) for the quarter was ₹146.12 crore, almost entirely from other income of ₹145.44 crore, highlighting that the company’s trading activity is not captured in the revenue from operations line.
Profit before exceptional items and tax was ₹124.50 crore, a sharp turnaround from a loss of ₹80.52 crore in the previous quarter and up from ₹45.87 crore in Q1 last year. Exceptional items before tax were only ₹5 lakh, so profit before tax of ₹124.55 crore was almost entirely from operations before exceptional items. The largest contributor was the ‘Other Unallocable Expenditure Net Off Un Allocable Income’ line, which showed a net income of ₹101.53 crore. This line has been a net income in most recent quarters, though its size varies: it was ₹78.12 crore in Q4 and ₹17.35 crore in Q1 last year.
Segment profit before tax was ₹135.06 crore, up 22.9% from the previous quarter and 152.6% from the same quarter last year. Overall profit before tax was ₹124.55 crore. The company also reported employee benefit expense of ₹14.70 crore, depreciation of ₹70 lakh, and finance costs of ₹5 lakh, which are modest relative to the other income and unallocable income.
Category: Supply Chain
The company trades in various minerals, including iron ore and manganese ore.
Category: Supply Chain
This segment includes precious metals as well as non-ferrous metals.
Category: Supply Chain
MMTC is involved in the trade of a range of agricultural commodities.
Category: Supply Chain
The company engages in the trading of coal and hydrocarbon products.
Category: Supply Chain
MMTC facilitates the import of essential fertilizers.
Category: B2B Services
This segment covers a variety of other trading activities, including third-country trade, joint ventures, and link deals, leveraging modern forms of international trading.
Core Thesis: Leveraging diverse trading activities across multiple segments to facilitate international trade and earn foreign exchange.
• International Trading Facilitation: The company acts as a facilitator for foreign trade, engaging in both export and import activities across various commodity sectors. • Global Operating Presence: MMTC extends its trading operations globally, utilizing a network of channel partners and distribution networks across multiple continents. • Diverse Segment Engagement: The company's trading encompasses minerals, metals, agro products, coal, hydrocarbons, and fertilizers, alongside general trade and other specialized deals.