MMTC Past Earnings Performance
Past criteria checks 1/6
MMTC has been growing earnings at an average annual rate of 40.9%, while the Trade Distributors industry saw earnings growing at 27.7% annually. Revenues have been declining at an average rate of 39.3% per year. MMTC's return on equity is 9.1%, and it has net margins of 18.5%.
Key information
40.9%
Earnings growth rate
41.0%
EPS growth rate
| Trade Distributors Industry Growth | 27.3% |
| Revenue growth rate | -39.3% |
| Return on equity | 9.1% |
| Net Margin | 18.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
MMTC (NSE:MMTC) Has Debt But No Earnings; Should You Worry?
Mar 28
Subdued Growth No Barrier To MMTC Limited (NSE:MMTC) With Shares Advancing 27%
Jan 05Does MMTC (NSE:MMTC) Have A Healthy Balance Sheet?
Dec 28Is MMTC (NSE:MMTC) A Risky Investment?
Aug 01There Are Some Reasons To Suggest That MMTC's (NSE:MMTC) Earnings Are A Poor Reflection Of Profitability
Nov 22MMTC (NSE:MMTC) Is Making Moderate Use Of Debt
Mar 05Introducing MMTC (NSE:MMTC), A Stock That Climbed 49% In The Last Year
Jan 11Is MMTC (NSE:MMTC) Using Too Much Debt?
Nov 19
MMTC's(NSE:MMTC) Share Price Is Down 56% Over The Past Three Years.
Sep 27Is MMTC Limited's (NSE:MMTC) 1.5% ROE Worse Than Average?
Aug 03Revenue & Expenses BreakdownBeta
How MMTC makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 7,129 | 1,322 | 706 | 0 |
| 30 Sep 23 | 14,753 | 1,741 | 971 | 0 |
| 30 Jun 23 | 22,313 | 16,988 | 1,720 | 0 |
| 31 Mar 23 | 35,282 | 15,623 | 1,137 | 0 |
| 31 Dec 22 | 50,756 | 16,708 | 1,126 | 0 |
| 30 Sep 22 | 66,330 | 14,994 | 1,591 | 0 |
| 30 Jun 22 | 84,038 | -2,880 | 1,589 | 0 |
| 31 Mar 22 | 117,962 | -2,624 | 1,205 | 0 |
| 31 Dec 21 | 188,473 | -9,779 | 1,311 | 0 |
| 30 Sep 21 | 280,410 | -9,562 | 1,382 | 0 |
| 30 Jun 21 | 325,007 | -7,922 | 1,399 | 0 |
| 31 Mar 21 | 300,015 | -7,893 | 1,426 | 0 |
| 31 Dec 20 | 247,233 | -4,512 | 1,336 | 0 |
| 30 Sep 20 | 215,037 | -3,856 | 2,209 | 0 |
| 30 Jun 20 | 215,116 | -3,946 | 2,403 | 0 |
| 31 Mar 20 | 263,047 | -2,917 | 2,061 | 0 |
| 31 Dec 19 | 296,608 | 176 | 2,094 | 0 |
| 30 Sep 19 | 308,151 | 381 | 1,963 | 0 |
| 30 Jun 19 | 314,635 | 1,228 | 2,564 | 0 |
| 31 Mar 19 | 294,397 | 1,087 | 2,367 | 0 |
| 31 Mar 18 | 164,510 | 375 | 3,114 | 0 |
| 31 Mar 17 | 118,269 | -298 | 2,224 | 0 |
| 31 Mar 16 | 126,079 | -967 | 2,128 | 0 |
| 31 Mar 15 | 239,316 | -425 | 2,098 | 0 |
| 31 Mar 14 | 281,423 | -182 | 13,616 | 0 |
Quality Earnings: MMTC has a large one-off gain of ₹474.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: MMTC's current net profit margins (18.5%) are lower than last year (32.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MMTC's earnings have grown significantly by 40.9% per year over the past 5 years.
Accelerating Growth: MMTC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MMTC had negative earnings growth (-92.1%) over the past year, making it difficult to compare to the Trade Distributors industry average (28.2%).
Return on Equity
High ROE: MMTC's Return on Equity (9.1%) is considered low.