MSP Steel & Power LimitedMSPLCorporate

Steel - Medium / Small Latest results: Jun 2026 15 quarters of data
₹31.55
MCap ₹1,788 Cr · P/E 47.5
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹827 Cr
Sales · Jun 2026
+16.2% YoY
₹53 Cr
Operating Profit · Jun 2026
+16.8% YoY
6.4%
OPM % · Jun 2026
+1.6% YoY
₹22 Cr
Net Profit · Jun 2026
+22.0% YoY
₹0.39
EPS · Jun 2026
+25.8% YoY

📝 MSP Steel & Power Limited — results explained

Quarter ended June 2026 (Q1 FY27)

MSP Steel & Power Limited reported revenue of ₹827 crore for the quarter ended June 2026 (Q1 FY27), up 16.2% from ₹711 crore in the same quarter last year, and up 1.3% sequentially over the March 2026 quarter.

Net profit rose 22.0% year-on-year to ₹22 crore, from ₹18 crore. Earnings per share (EPS) came in at ₹0.39.

Operating profit stood at ₹53 crore — an operating margin (OPM) of 6.4%, compared with 6.3% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, MSP Steel & Power Limited posted revenue of ₹2,843 crore, a decline of 2.1% over FY25, with a net profit of ₹34 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹2,958 crore with a net profit of ₹38 crore.

Valuation snapshot

At the current price of ₹31.55, MSPL has a market capitalisation of ₹1,788 crore and a trailing P/E of about 47.5.

Within the Steel - Medium / Small industry, it is the 19th-largest of the 56 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 45.12%, foreign institutional investors (FIIs) 0.72%, domestic institutional investors (DIIs) 15.43%, public shareholders 38.73% of MSP Steel & Power Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,788 Cr
Current Price ?
₹31.6
P/E ?
47.47above ind
Industry P/E ?
20.50
P/B ?
1.74
P/S ?
0.60
P/FCF ?
20.09
Enterprise Value ?
₹2,108 Cr
EV/EBITDA ?
11.40
PEG ?
0.73
Earnings Yield ?
6.1%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹2,958 Cr
OPM ?
6.2%
Profit after tax (TTM) ?
₹38 Cr
EPS (TTM) ?
₹0.66
ROCE ?
10.0%
ROE ?
3.7%
ROA ?
2.2%
Growth
Sales — latest qtr ?
₹827 Cr
PAT — latest qtr ?
₹22 Cr
YoY qtr sales growth ?
16.2%
YoY qtr profit growth ?
22.0%
Sales growth (3y) ?
4%
Sales growth (5y) ?
11%
Profit growth (3y) ?
65%
Profit growth (5y) ?
93%
Financial Health
Debt ?
₹320 Cr
Debt to Equity ?
0.31
Interest Coverage ?
2.6
Current Ratio ?
N/A
Ownership
Promoter holding ?
45.12%
Change in promoter holding ?
9.88%
Pledged percentage ?
N/A
Market
Return 3 months ?
-13.6%
Return 6 months ?
-11.3%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 662677671674781748772656717760711677639816827 +16.2% +1.3%
Operating Profit 305433293925432719444523337753 +16.8% -31.7%
Other Income 110410718100211013 +155.5% +155.5%
Interest 192617202525212216231010111711 +9.5% -35.6%
Depreciation 141314141413141313131414141414 +2.5% +2.5%
Profit Before Tax -224647410-8-101022-10174830 +35.6% -37.9%
Net Profit 2191-21137-108-3418-7558522 +22.0% -74.2%
EPS 0.060.500.04-0.040.040.340.18-0.200.21-0.650.31-1.320.101.510.39 +25.8% -74.2%
OPM % 4.5% 8.0% 4.9% 4.3% 5.0% 3.3% 5.6% 4.1% 2.7% 5.8% 6.3% 3.4% 5.1% 9.4% 6.4% +1.6% -31.9%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹2,905 Cr ₹2,843 Cr ₹2,958 Cr -2.1%
Operating Profit ₹134 Cr ₹177 Cr ₹185 Cr +32.5%
OPM % 4.61% 6.24% 6.25% +35.4%
NPM % -1.00% 1.19% 1.27% +219.0%
Other Income ₹3 Cr ₹3 Cr ₹5 Cr -4.5%
Depreciation ₹54 Cr ₹56 Cr ₹56 Cr +3.8%
Interest ₹81 Cr ₹48 Cr ₹49 Cr -41.2%
EBIT ₹80 Cr ₹122 Cr ₹129 Cr +51.7%
PBT ₹3 Cr ₹-23 Cr ₹-15 Cr -970.5%
Tax ₹30 Cr ₹-24 Cr ₹-16 Cr -180.2%
Net Profit ₹-29 Cr ₹34 Cr ₹38 Cr +215.5%
EPS ₹-0.46 ₹0.60 ₹0.68 +230.4%
Material Cost ₹1,840 Cr ₹1,040 Cr ₹1,698 Cr -43.5%
Employee Cost ₹59 Cr ₹44 Cr ₹67 Cr -25.5%
Extraordinary Items — ₹-102 Cr ₹-102 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 385385567567 +0.0%
Reserves 151163378461 +22.0%
Borrowings 830812293320 +9.2%
Other Liabilities 276273293376 +28.3%
Total Liabilities 1,6431,6341,5311,724 +12.6%
Fixed Assets 826816790793 +0.4%
CWIP 00018 —
Investments 44434546 +2.2%
Other Assets 773775696866 +24.4%
Total Assets 1,6431,6341,5311,724 +12.6%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 86170189148 -21.7%
Cash from Investing Activity -18-51-33-58 -75.8%
Cash from Financing Activity -105-104-178-90 +49.4%
Net Cash Flow -3715-22-0 +100.0%
Free Cash Flow 3212515689 -42.9%
CFO/OP 138%138%144%78% -45.8%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 119911 +22.2%
Inventory Days 84787496 +29.7%
Days Payable 36343653 +47.2%
Cash Conversion Cycle 59524754 +14.9%
Working Capital Days 19141512 -20.0%
ROCE % 2%8%6%10% +66.7%

👥 Shareholding (latest 6 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 % Chg
Promoters 35.24%35.24%37.74%40.22%45.12%45.12% +0.0%
FIIs 0.18%0.19%0.37%0.12%1.18%0.72% -39.0%
DIIs 16.70%16.70%16.70%16.81%15.78%15.43% -2.2%
Public 47.87%47.87%45.18%42.86%37.93%38.73% +2.1%
No. of Shareholders 58,80459,60957,64656,98355,38856,944 +2.8%

⚖️ Peer comparison

Industry: Steel - Medium / Small · top 25 of 56 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 NSLNISP NMDC Steel ₹42.65 12,499 135.8 13,939 84 10.8% 0.6% 60.4% 102.5% 8.8% 94.3%
2 MAHSEAMLES Maharashtra Seamless ₹713.65 9,563 13.0 4,620 737 15.0% 16.0% -12.0% -9.8% -4.7% 15.7%
3 SUNFLAG Sunflag Iron ₹443.60 7,995 38.8 3,995 206 11.9% 5.1% 11.4% 25.0% 5.5% 4.8%
4 AEROFLEX Aeroflex Industries ₹565.00 7,477 109.5 503 67 23.4% 13.4% 17.3% 5.6% 73.1% 168.5%
5 TIIL Technocraft Industries ₹3,180.20 7,210 21.2 2,931 349 18.2% 11.9% 6.3% 11.6% 27.2% 67.3%
6 MANINDS Man Industries ₹865.65 6,493 31.5 3,875 204 13.7% 5.3% 1.7% 11.4% 41.9% 122.4%
7 GOODLUCK Goodluck India ₹526.15 5,247 8.7 4,404 210 10.0% 4.8% 4.2% 10.1% 30.9% 67.4%
8 BANSALWIRE Bansal Wire ₹308.10 4,823 9.0 4,388 531 8.5% 12.1% 18.6% 276.0% 24.4% -47.9%
9 DEEDEV DEE Development ₹634.65 4,775 54.6 1,213 81 16.9% 6.6% 38.1% 78.8% 31.6% 22.4%
10 KSL Kalyani Steels ₹957.20 4,189 15.8 1,867 264 19.7% 14.2% -6.9% 0.6% 4.9% 10.6%
11 VENUSPIPES Venus Pipes ₹1,962.30 4,065 39.1 1,211 104 16.3% 8.6% 21.7% 9.2% 16.1% 5.6%
12 VSSL Vardhman Special ₹398.45 3,852 26.9 1,807 144 10.6% 8.0% -0.5% 31.9% 12.0% 105.9%
13 JTLIND JTL INDUSTRIES ₹87.38 3,435 28.8 2,314 122 8.2% 5.3% 11.5% 4.4% 32.7% 113.7%
14 RATNAVEER Ratnaveer Precision ₹343.70 2,885 42.6 1,119 67 18.2% 6.0% 19.8% 36.2% 18.9% 20.0%
15 INTERARCH Interarch Building ₹1,700.60 2,860 20.7 1,639 139 11.5% 8.5% 7.3% 28.6% 20.6% 0.9%
16 PENIND Pennar Industries ₹187.68 2,533 17.8 3,645 142 12.4% 3.9% 12.2% 15.7% 2.9% 10.7%
17 RAJRATAN Rajratan Global ₹457.40 2,322 29.1 1,228 80 12.3% 6.5% 23.8% 21.2% 28.9% 64.0%
18 PRAKASH Prakash Industries ₹117.24 2,100 6.7 3,474 313 15.0% 9.0% -13.3% -6.2% -0.5% -21.7%
19 MSPL MSP Steel ₹33.33 1,889 49.7 2,958 38 6.2% 1.3% -2.1% 217.0% 16.2% 22.1%
20 MAHASTEEL Mahamaya Steel ₹1,115.00 1,832 183.1 943 10 2.6% 1.1% 10.1% 26.3% 29.3% 22.6%
21 HITECH Hi-Tech Pipes ₹75.00 1,520 20.3 4,821 75 3.8% 1.6% 36.9% 4.2% 78.5% -4.2%
22 MANAKCOAT Manaksia Coated ₹130.80 1,395 32.3 897 41 9.4% 4.5% 13.2% 164.5% 4.9% 0.7%
23 STEELXIND STEEL EXCHANGE ₹10.36 1,321 40.3 1,029 31 13.0% 3.1% -7.4% 2.6% -10.1% 46.9%
24 MWL Mangalam Worldwide ₹42.77 1,270 22.9 1,292 55 9.5% 4.2% 13.9% 72.1% 13.7% 25.6%
25 KAMDHENU Kamdhenu ₹42.92 1,210 14.1 781 86 12.9% 11.0% 2.1% 30.0% 8.7% 38.1%
❓ Frequently asked questions
What was MSP Steel & Power Limited's revenue in Q1 FY27?
MSP Steel & Power Limited reported revenue of ₹827 crore for the quarter ended June 2026 (Q1 FY27), up 16.2% from ₹711 crore in the same quarter last year, and up 1.3% sequentially over the March 2026 quarter.
What was MSP Steel & Power Limited's net profit in Q1 FY27?
Net profit rose 22.0% year-on-year to ₹22 crore, from ₹18 crore. Earnings per share (EPS) came in at ₹0.39.
What is MSPL's market capitalisation and P/E ratio?
At the current price of ₹31.55, MSPL has a market capitalisation of ₹1,788 crore and a trailing P/E of about 47.5.
Who owns MSP Steel & Power Limited? (shareholding pattern)
As of Sep 2026, promoters held 45.12%, foreign institutional investors (FIIs) 0.72%, domestic institutional investors (DIIs) 15.43%, public shareholders 38.73% of MSP Steel & Power Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI