MMTC Limited Overview
Pro stress-test →MMTC is one of the country's biggest international trading firms and one of the highest foreign exchange earners for India, founded in 1963 with headquarters in New Delhi. It is a public sector undertaking under the administrative control of the Ministry of Commerce & Industry engaged in trading across minerals, metals, precious metals, agro products, fertilizers & chemicals and coal & hydrocarbons.
Strategic Profile
Pro stress-test →As India's largest trading company and a major trading entity in Asia, MMTC aims to improve its position through sustainable growth, with core objective to be a leading international trading house with focus on 'bulk' as its core competency. The company is almost debt-free with good profit growth of 19.1% CAGR over last 5 years, though the company has delivered poor sales growth of -86.5% over past five years.
Competitive Landscape
Pro stress-test →MMTC operates as a trading company with geographic presence across Asia, Europe, Africa, Middle East, Latin America, and North America. Peers include Adani Enterprises Ltd, Redington Ltd, Lloyds Enterprises Ltd and other diversified conglomerates. As a government PSU, MMTC holds unique positioning in commodity trade but faces intensifying competition from private trading enterprises.
Industry Context
MMTC Limited operates in Commodity Trading & International Trade.
Key facts
Founded: 1963 · Headquarters: New Delhi, India · Employees: 287 · Revenue: $0.27B · Market cap: $10.5B