MSTC Ltd.
•₹ 701.451.31%
2026-08-21
PROS
- Company has delivered good profit growth of 33.2% CAGR over last 5 years
- Company has a healthy return on capital (ROCE) of 43.6%
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.5%
- Company has consistently been profitable over the last 5 years
- Operating margins have improved to 59.1% from 29.2%
- Latest quarter profit grew 37.5% YoY, showing strong momentum
CONS
- Company's sales have been declining over the last five years
- Working capital days have increased from 294 to 441 days
- Contingent liabilities are large at 53.5% of net worth
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ETERNAL | 320.20 | 713.64 | 309004.23 | 0.00 | 92.00 | 268.00 | 20211.00 | 182.00 | 3.29 | 2.94 |
| 2. | NYKAA | 327.50 | 366.22 | 93799.73 | 0.00 | 79.76 | 225.95 | 2782.00 | 29.10 | 20.15 | 8.48 |
| 3. | MEESHO | 196.90 | 0.00 | 91038.09 | 0.00 | -1328.35 | -359.07 | 37128.11 | 1382.83 | -78.80 | -6.05 |
| 4. | SWIGGY | 272.40 | 0.00 | 75190.94 | 0.00 | -791.00 | 33.92 | 6812.00 | 37.31 | -27.59 | -9.56 |
| 5. | SHIPROCKET | 143.50 | 0.00 | 10440.74 | 0.00 | — | — | — | — | -3.02 | — |
| 6. | INDIAMART | 1732.85 | 21.12 | 10421.91 | 3.46 | 172.20 | 12.18 | 414.40 | 11.37 | 28.39 | 31.83 |
| 7. | FIRSTCRY | 196.70 | 0.00 | 10269.48 | 0.00 | -43.95 | 33.91 | 2106.23 | 13.08 | -1.65 | 2.83 |
| 8. | IBULLSLTD | 26.51 | 14.74 | 6175.62 | 0.00 | 1410.20 | 53516.67 | 3594.50 | — | 0.00 | 42.82 |
| 9. | MSTCLTD | 707.05 | 21.24 | 4977.63 | 2.22 | 58.22 | 37.50 | 94.24 | 21.71 | 60.68 | 61.36 |
| 10. | ISFT | 84.74 | 10.07 | 138.23 | 0.00 | 4.54 | 10.85 | 139.63 | 8.25 | 6.12 | 3.50 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 179 | 81 | 71 | 82 | 69 | 72 | 81 | 89 | 77 | 85 | 88 | 119 | 94 | |
| 113 | 31 | 36 | 133 | 29 | 32 | 32 | 34 | 32 | 33 | 37 | 43 | 39 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 21 | 20 | 24 | 121 | 17 | 21 | 15 | 23 | 16 | 17 | 18 | 32 | 24 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 5 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
| 82 | 69 | 58 | 68 | 54 | 57 | 337 | 65 | 60 | 66 | 66 | 105 | 79 | |
| Tax % | 36.62% | 28.77% | 31.75% | 71.24% | 25.73% | 24.55% | 25.17% | -18.42% | 25.67% | 25.71% | 21.17% | 26.33% | 25.95% |
| Net Profit | 0 | 0 | 0 | 0 | 619 | 56 | 251 | 76 | 42 | 48 | 51 | 77 | 58 |
| 7 | 7 | 5 | 3 | 6 | 6 | 36 | 11 | 6 | 7 | 7 | 11 | 1 | |
| Equity Capital | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 | 70 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 179
- 113
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 0
- Depreciation
- 5
- 82
- Tax %
- 36.62%
- Net Profit
- 0
- 7
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 81
- 31
- Operating Profit
- —
- OPM %
- —
- Other Income
- 20
- Interest
- 0
- Depreciation
- 2
- 69
- Tax %
- 28.77%
- Net Profit
- 0
- 7
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 71
- 36
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 0
- Depreciation
- 2
- 58
- Tax %
- 31.75%
- Net Profit
- 0
- 5
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 82
- 133
- Operating Profit
- —
- OPM %
- —
- Other Income
- 121
- Interest
- 0
- Depreciation
- 2
- 68
- Tax %
- 71.24%
- Net Profit
- 0
- 3
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 69
- 29
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 0
- Depreciation
- 2
- 54
- Tax %
- 25.73%
- Net Profit
- 619
- 6
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 72
- 32
- Operating Profit
- —
- OPM %
- —
- Other Income
- 21
- Interest
- 0
- Depreciation
- 3
- 57
- Tax %
- 24.55%
- Net Profit
- 56
- 6
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 81
- 32
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 0
- Depreciation
- 2
- 337
- Tax %
- 25.17%
- Net Profit
- 251
- 36
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 89
- 34
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 0
- Depreciation
- 2
- 65
- Tax %
- -18.42%
- Net Profit
- 76
- 11
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 77
- 32
- Operating Profit
- —
- OPM %
- —
- Other Income
- 16
- Interest
- 0
- Depreciation
- 2
- 60
- Tax %
- 25.67%
- Net Profit
- 42
- 6
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 85
- 33
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 0
- Depreciation
- 3
- 66
- Tax %
- 25.71%
- Net Profit
- 48
- 7
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 88
- 37
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 0
- Depreciation
- 3
- 66
- Tax %
- 21.17%
- Net Profit
- 51
- 7
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 119
- 43
- Operating Profit
- —
- OPM %
- —
- Other Income
- 32
- Interest
- 0
- Depreciation
- 3
- 105
- Tax %
- 26.33%
- Net Profit
- 77
- 11
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 94
- 39
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 0
- Depreciation
- 3
- 79
- Tax %
- 25.95%
- Net Profit
- 58
- 1
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 70
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,225 | 1,739 | 2,265 | 3,292 | 1,231 | 780 | 876 | 721 | 316 | 311 | 386 | |
| 3,386 | 1,602 | 2,577 | 3,495 | 1,080 | 831 | 867 | 525 | 227 | 127 | 153 | |
| Operating Profit | -78 | 274 | 216 | -155 | 216 | 163 | 256 | 354 | 292 | 260 | — |
| OPM % | -2 | 16 | 10 | -5 | 18 | 21 | 29 | 49 | 92 | 84 | — |
| Other Income | 83 | 137 | 528 | 48 | 65 | 214 | 247 | 158 | 203 | 77 | 91 |
| Interest | 104 | 78 | 85 | 65 | 30 | 8 | 3 | 0 | 0 | 0 | 0 |
| Depreciation | 12 | 12 | 12 | 15 | 17 | 19 | 21 | 22 | 7 | 9 | 11 |
| -194 | 183 | 117 | -237 | 167 | 136 | 233 | 329 | 278 | 508 | 316 | |
| Tax % | -27 | 24 | 34 | -29 | 42 | 17 | 15 | 26 | 41 | 20 | 25 |
| Net Profit | -247 | 139 | 77 | -307 | 97 | 113 | 199 | 242 | 165 | 407 | 237 |
| EPS | -281 | 79 | 11 | -44 | 14 | 16 | 28 | 34 | 23 | 58 | — |
| Dividend Payout % | -7 | 21 | 34 | 0 | 24 | 27 | 46 | 44 | 66 | 70 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3 |
| Adjusted EPS | -35 | 20 | 11 | -44 | 14 | 16 | 28 | 34 | 23 | 58 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3 |
| Adjusted EPS | -35 | 20 | 11 | -44 | 14 | 16 | 28 | 34 | 23 | 58 | — |
Mar 2016
- 3,225
- 3,386
- Operating Profit
- -78
- OPM %
- -2
- Other Income
- 83
- Interest
- 104
- Depreciation
- 12
- -194
- Tax %
- -27
- Net Profit
- -247
- EPS
- -281
- Dividend Payout %
- -7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -35
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -35
Mar 2017
- 1,739
- 1,602
- Operating Profit
- 274
- OPM %
- 16
- Other Income
- 137
- Interest
- 78
- Depreciation
- 12
- 183
- Tax %
- 24
- Net Profit
- 139
- EPS
- 79
- Dividend Payout %
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 20
Mar 2018
- 2,265
- 2,577
- Operating Profit
- 216
- OPM %
- 10
- Other Income
- 528
- Interest
- 85
- Depreciation
- 12
- 117
- Tax %
- 34
- Net Profit
- 77
- EPS
- 11
- Dividend Payout %
- 34
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2019
- 3,292
- 3,495
- Operating Profit
- -155
- OPM %
- -5
- Other Income
- 48
- Interest
- 65
- Depreciation
- 15
- -237
- Tax %
- -29
- Net Profit
- -307
- EPS
- -44
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -44
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -44
Mar 2020
- 1,231
- 1,080
- Operating Profit
- 216
- OPM %
- 18
- Other Income
- 65
- Interest
- 30
- Depreciation
- 17
- 167
- Tax %
- 42
- Net Profit
- 97
- EPS
- 14
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
Mar 2021
- 780
- 831
- Operating Profit
- 163
- OPM %
- 21
- Other Income
- 214
- Interest
- 8
- Depreciation
- 19
- 136
- Tax %
- 17
- Net Profit
- 113
- EPS
- 16
- Dividend Payout %
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 16
Mar 2022
- 876
- 867
- Operating Profit
- 256
- OPM %
- 29
- Other Income
- 247
- Interest
- 3
- Depreciation
- 21
- 233
- Tax %
- 15
- Net Profit
- 199
- EPS
- 28
- Dividend Payout %
- 46
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 28
Mar 2023
- 721
- 525
- Operating Profit
- 354
- OPM %
- 49
- Other Income
- 158
- Interest
- 0
- Depreciation
- 22
- 329
- Tax %
- 26
- Net Profit
- 242
- EPS
- 34
- Dividend Payout %
- 44
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 34
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 34
Mar 2024
- 316
- 227
- Operating Profit
- 292
- OPM %
- 92
- Other Income
- 203
- Interest
- 0
- Depreciation
- 7
- 278
- Tax %
- 41
- Net Profit
- 165
- EPS
- 23
- Dividend Payout %
- 66
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
Mar 2025
- 311
- 127
- Operating Profit
- 260
- OPM %
- 84
- Other Income
- 77
- Interest
- 0
- Depreciation
- 9
- 508
- Tax %
- 20
- Net Profit
- 407
- EPS
- 58
- Dividend Payout %
- 70
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 58
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 58
TTM
- 386
- 153
- Operating Profit
- —
- OPM %
- —
- Other Income
- 91
- Interest
- 0
- Depreciation
- 11
- 316
- Tax %
- 25
- Net Profit
- 237
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- -3
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- -3
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -25%
- 5 Years:
- -24%
- 3 Years:
- -29%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 15%
- 5 Years:
- 33%
- 3 Years:
- 27%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 22%
- 3 Years:
- 22%
- 1 Year:
- 47%
RETURN ON EQUITY
- 10 Years:
- 15%
- 5 Years:
- 34%
- 3 Years:
- 38%
- Last Year:
- 59%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 9 | 18 | 35 | 70 | 70 | 70 | 70 | 70 | 70 | 70 |
| 306 | 388 | 696 | 318 | 404 | 488 | 584 | 716 | 577 | 668 | |
| 653 | 688 | 766 | 614 | 255 | 150 | 150 | 145 | 145 | 145 | |
| Trade Payables | 2,173 | 2,560 | 2,604 | 952 | 654 | 431 | 209 | 159 | 118 | 123 |
| 1,265 | 1,245 | 1,341 | 1,251 | 1,256 | 1,340 | 1,263 | 1,937 | 1,302 | 1,565 | |
| Total Liabilities | 4,406 | 4,899 | 5,442 | 3,205 | 2,639 | 2,479 | 2,275 | 3,027 | 2,212 | 2,572 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 62 | 66 | 69 | 83 | 96 | 89 | 142 | 141 | 69 | 65 | |
| Capital Work in Progress | 4 | 2 | 10 | 23 | 29 | 52 | 0 | 0 | 0 | 0 |
| 0 | 3 | 9 | 14 | 11 | 14 | 21 | 19 | 28 | 12 | |
| 19 | 74 | 4 | 6 | 7 | 5 | 6 | 5 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 317 | 310 | |
| Cash & Bank | 1,008 | 489 | 555 | 417 | 233 | 760 | 821 | 1,601 | 1,030 | 1,359 |
| 3,314 | 4,265 | 4,795 | 2,662 | 2,262 | 1,559 | 1,286 | 1,261 | 769 | 827 | |
| Total Assets | 4,406 | 4,899 | 5,442 | 3,205 | 2,639 | 2,479 | 2,275 | 3,027 | 2,212 | 2,572 |
| Total Debt | 653 | 688 | 766 | 615 | 259 | 154 | 150 | 145 | 145 | 145 |
| Net Working Capital | -86 | -12 | 333 | -8 | 103 | 107 | 220 | 417 | 255 | 376 |
| Contingent Liabilities | 326 | 331 | 305 | 300 | 288 | 269 | 273 | 275 | 307 | 395 |
| Book Value per Share | 357.58 | 230.70 | 207.65 | 55.11 | 67.32 | 79.25 | 92.90 | 111.72 | 91.91 | 104.89 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 653 | 688 | 766 | 615 | 259 | 154 | 150 | 145 | 145 | 145 |
| Net Working Capital | -86 | -12 | 333 | -8 | 103 | 107 | 220 | 417 | 255 | 376 |
| Contingent Liabilities | 326 | 331 | 305 | 300 | 288 | 269 | 273 | 275 | 307 | 395 |
| Book Value per Share | 357.58 | 230.70 | 207.65 | 55.11 | 67.32 | 79.25 | 92.90 | 111.72 | 91.91 | 104.89 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 9
- 306
- 653
- Trade Payables
- 2,173
- 1,265
- Total Liabilities
- 4,406
- 62
- Capital Work in Progress
- 4
- 0
- 19
- 0
- Cash & Bank
- 1,008
- 3,314
- Total Assets
- 4,406
- Total Debt
- 653
- Net Working Capital
- -86
- Contingent Liabilities
- 326
- Book Value per Share
- 357.58
- Face Value
- 10.00
- Total Debt
- 653
- Net Working Capital
- -86
- Contingent Liabilities
- 326
- Book Value per Share
- 357.58
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 18
- 388
- 688
- Trade Payables
- 2,560
- 1,245
- Total Liabilities
- 4,899
- 66
- Capital Work in Progress
- 2
- 3
- 74
- 0
- Cash & Bank
- 489
- 4,265
- Total Assets
- 4,899
- Total Debt
- 688
- Net Working Capital
- -12
- Contingent Liabilities
- 331
- Book Value per Share
- 230.70
- Face Value
- 10.00
- Total Debt
- 688
- Net Working Capital
- -12
- Contingent Liabilities
- 331
- Book Value per Share
- 230.70
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 35
- 696
- 766
- Trade Payables
- 2,604
- 1,341
- Total Liabilities
- 5,442
- 69
- Capital Work in Progress
- 10
- 9
- 4
- 0
- Cash & Bank
- 555
- 4,795
- Total Assets
- 5,442
- Total Debt
- 766
- Net Working Capital
- 333
- Contingent Liabilities
- 305
- Book Value per Share
- 207.65
- Face Value
- 10.00
- Total Debt
- 766
- Net Working Capital
- 333
- Contingent Liabilities
- 305
- Book Value per Share
- 207.65
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 70
- 318
- 614
- Trade Payables
- 952
- 1,251
- Total Liabilities
- 3,205
- 83
- Capital Work in Progress
- 23
- 14
- 6
- 0
- Cash & Bank
- 417
- 2,662
- Total Assets
- 3,205
- Total Debt
- 615
- Net Working Capital
- -8
- Contingent Liabilities
- 300
- Book Value per Share
- 55.11
- Face Value
- 10.00
- Total Debt
- 615
- Net Working Capital
- -8
- Contingent Liabilities
- 300
- Book Value per Share
- 55.11
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 70
- 404
- 255
- Trade Payables
- 654
- 1,256
- Total Liabilities
- 2,639
- 96
- Capital Work in Progress
- 29
- 11
- 7
- 0
- Cash & Bank
- 233
- 2,262
- Total Assets
- 2,639
- Total Debt
- 259
- Net Working Capital
- 103
- Contingent Liabilities
- 288
- Book Value per Share
- 67.32
- Face Value
- 10.00
- Total Debt
- 259
- Net Working Capital
- 103
- Contingent Liabilities
- 288
- Book Value per Share
- 67.32
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 70
- 488
- 150
- Trade Payables
- 431
- 1,340
- Total Liabilities
- 2,479
- 89
- Capital Work in Progress
- 52
- 14
- 5
- 0
- Cash & Bank
- 760
- 1,559
- Total Assets
- 2,479
- Total Debt
- 154
- Net Working Capital
- 107
- Contingent Liabilities
- 269
- Book Value per Share
- 79.25
- Face Value
- 10.00
- Total Debt
- 154
- Net Working Capital
- 107
- Contingent Liabilities
- 269
- Book Value per Share
- 79.25
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 70
- 584
- 150
- Trade Payables
- 209
- 1,263
- Total Liabilities
- 2,275
- 142
- Capital Work in Progress
- 0
- 21
- 6
- 0
- Cash & Bank
- 821
- 1,286
- Total Assets
- 2,275
- Total Debt
- 150
- Net Working Capital
- 220
- Contingent Liabilities
- 273
- Book Value per Share
- 92.90
- Face Value
- 10.00
- Total Debt
- 150
- Net Working Capital
- 220
- Contingent Liabilities
- 273
- Book Value per Share
- 92.90
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 70
- 716
- 145
- Trade Payables
- 159
- 1,937
- Total Liabilities
- 3,027
- 141
- Capital Work in Progress
- 0
- 19
- 5
- 0
- Cash & Bank
- 1,601
- 1,261
- Total Assets
- 3,027
- Total Debt
- 145
- Net Working Capital
- 417
- Contingent Liabilities
- 275
- Book Value per Share
- 111.72
- Face Value
- 10.00
- Total Debt
- 145
- Net Working Capital
- 417
- Contingent Liabilities
- 275
- Book Value per Share
- 111.72
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 70
- 577
- 145
- Trade Payables
- 118
- 1,302
- Total Liabilities
- 2,212
- 69
- Capital Work in Progress
- 0
- 28
- 0
- 317
- Cash & Bank
- 1,030
- 769
- Total Assets
- 2,212
- Total Debt
- 145
- Net Working Capital
- 255
- Contingent Liabilities
- 307
- Book Value per Share
- 91.91
- Face Value
- 10.00
- Total Debt
- 145
- Net Working Capital
- 255
- Contingent Liabilities
- 307
- Book Value per Share
- 91.91
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 70
- 668
- 145
- Trade Payables
- 123
- 1,565
- Total Liabilities
- 2,572
- 65
- Capital Work in Progress
- 0
- 12
- 0
- 310
- Cash & Bank
- 1,359
- 827
- Total Assets
- 2,572
- Total Debt
- 145
- Net Working Capital
- 376
- Contingent Liabilities
- 395
- Book Value per Share
- 104.89
- Face Value
- 10.00
- Total Debt
- 145
- Net Working Capital
- 376
- Contingent Liabilities
- 395
- Book Value per Share
- 104.89
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 223 | -519 | 21 | 101 | 222 | 681 | 170 | 844 | -283 | 260 | |
| Cash from Investing | 305 | 377 | 84 | 60 | 255 | 11 | -72 | -551 | -272 | 165 |
| Cash from Financing | -351 | 12 | -94 | -217 | -233 | -107 | -98 | -119 | -96 | -289 |
| 177 | -130 | 11 | -56 | 245 | 585 | 0 | 175 | -651 | 136 | |
| Free Cash Flow | 223 | -533 | -2 | 61 | 189 | 647 | 150 | 823 | -283 | 257 |
| OCF / Net Profit | -0.90 | -3.73 | 0.27 | -0.33 | 2.29 | 6.03 | 0.85 | 3.49 | -1.71 | 0.64 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -62 | 361 | 1,045 | 1,870 | 1,527 | 1,594 |
| OCF / Net Profit | -0.90 | -3.73 | 0.27 | -0.33 | 2.29 | 6.03 | 0.85 | 3.49 | -1.71 | 0.64 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -62 | 361 | 1,045 | 1,870 | 1,527 | 1,594 |
Mar 2016
- 223
- Cash from Investing
- 305
- Cash from Financing
- -351
- 177
- Free Cash Flow
- 223
- OCF / Net Profit
- -0.90
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.90
- Cumulative 5-Year FCF
- 0
Mar 2017
- -519
- Cash from Investing
- 377
- Cash from Financing
- 12
- -130
- Free Cash Flow
- -533
- OCF / Net Profit
- -3.73
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -3.73
- Cumulative 5-Year FCF
- 0
Mar 2018
- 21
- Cash from Investing
- 84
- Cash from Financing
- -94
- 11
- Free Cash Flow
- -2
- OCF / Net Profit
- 0.27
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.27
- Cumulative 5-Year FCF
- 0
Mar 2019
- 101
- Cash from Investing
- 60
- Cash from Financing
- -217
- -56
- Free Cash Flow
- 61
- OCF / Net Profit
- -0.33
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.33
- Cumulative 5-Year FCF
- 0
Mar 2020
- 222
- Cash from Investing
- 255
- Cash from Financing
- -233
- 245
- Free Cash Flow
- 189
- OCF / Net Profit
- 2.29
- Cumulative 5-Year FCF
- -62
- OCF / Net Profit
- 2.29
- Cumulative 5-Year FCF
- -62
Mar 2021
- 681
- Cash from Investing
- 11
- Cash from Financing
- -107
- 585
- Free Cash Flow
- 647
- OCF / Net Profit
- 6.03
- Cumulative 5-Year FCF
- 361
- OCF / Net Profit
- 6.03
- Cumulative 5-Year FCF
- 361
Mar 2022
- 170
- Cash from Investing
- -72
- Cash from Financing
- -98
- 0
- Free Cash Flow
- 150
- OCF / Net Profit
- 0.85
- Cumulative 5-Year FCF
- 1,045
- OCF / Net Profit
- 0.85
- Cumulative 5-Year FCF
- 1,045
Mar 2023
- 844
- Cash from Investing
- -551
- Cash from Financing
- -119
- 175
- Free Cash Flow
- 823
- OCF / Net Profit
- 3.49
- Cumulative 5-Year FCF
- 1,870
- OCF / Net Profit
- 3.49
- Cumulative 5-Year FCF
- 1,870
Mar 2024
- -283
- Cash from Investing
- -272
- Cash from Financing
- -96
- -651
- Free Cash Flow
- -283
- OCF / Net Profit
- -1.71
- Cumulative 5-Year FCF
- 1,527
- OCF / Net Profit
- -1.71
- Cumulative 5-Year FCF
- 1,527
Mar 2025
- 260
- Cash from Investing
- 165
- Cash from Financing
- -289
- 136
- Free Cash Flow
- 257
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- 1,594
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- 1,594
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -280.80 | 79.06 | 21.94 | -43.62 | 13.78 | 16.05 | 28.28 | 34.37 | 23.44 | 57.82 |
| Book Value (₹) | 357.58 | 230.70 | 207.65 | 55.11 | 67.32 | 79.25 | 92.90 | 111.72 | 91.91 | 104.89 |
| Dividend per Share (₹) | 20.50 | 16.60 | 7.40 | 0.00 | 3.30 | 4.40 | 12.90 | 15.00 | 15.50 | 40.50 |
| Cash EPS (₹) | -33.45 | 21.49 | 12.73 | -41.54 | 16.14 | 18.70 | 31.24 | 37.47 | 24.48 | 59.11 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | -2.42% | 15.75% | 9.54% | -4.70% | 17.51% | 20.93% | 29.25% | 49.08% | 28.21% | 59.06% |
| Net Margin % | -7.66% | 8.00% | 3.41% | -9.33% | 7.88% | 14.47% | 22.72% | 33.56% | 52.19% | 130.91% |
| ROE % | -42.87% | 38.62% | 13.58% | -54.89% | 22.51% | 21.89% | 32.85% | 33.59% | 23.03% | 58.76% |
| ROCE % | -6.19% | 25.33% | 15.63% | -13.79% | 22.62% | 19.91% | 31.10% | 37.96% | 32.26% | 60.68% |
| -4.81% | 2.99% | 1.49% | -7.10% | 3.32% | 4.41% | 8.38% | 9.13% | 6.30% | 17.02% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 381 | 634 | 599 | 324 | 494 | 550 | 300 | 256 | 450 | 368 |
| Inventory Days | 10 | 10 | 6 | 1 | 2 | 3 | 2 | 3 | 0 | 0 |
| Payable Days | 349 | 704 | 593 | 250 | 476 | 909 | 545 | 1046 | 0 | 0 |
| 42 | -60 | 13 | 75 | 19 | -356 | -243 | -787 | 450 | 368 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 2.08x | 1.70x | 1.05x | 1.58x | 0.55x | 0.28x | 0.23x | 0.18x | 0.22x | 0.20x |
| Interest Coverage (x) | -0.86x | 3.33x | 2.37x | -2.65x | 6.64x | 18.12x | 83.35x | 2116.52x | 573.43x | 1532.95x |
| 0.98x | 1.00x | 1.08x | 1.00x | 1.06x | 1.07x | 1.18x | 1.23x | 1.22x | 1.28x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -43.31% | -46.07% | 30.25% | 45.32% | -62.59% | -36.62% | 12.26% | -17.71% | -56.14% | -1.67% |
| Operating Profit Growth % | -130.74% | 450.86% | -21.05% | -171.60% | 239.27% | -24.23% | 56.87% | 38.07% | -17.40% | -10.97% |
| Net Profit Growth % | -338.95% | 156.31% | -44.51% | -497.70% | 131.59% | 16.44% | 76.26% | 21.53% | -31.79% | 146.64% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -31.79% | 146.64% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 35.45x | 8.84x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 9.04x | 4.87x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.86% | 7.93% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 16.99x | 9.16x |
Mar 2016
- EPS (₹)
- -280.80
- Book Value (₹)
- 357.58
- Dividend per Share (₹)
- 20.50
- Cash EPS (₹)
- -33.45
- Operating Margin %
- -2.42%
- Net Margin %
- -7.66%
- ROE %
- -42.87%
- ROCE %
- -6.19%
- -4.81%
- Debtor Days
- 381
- Inventory Days
- 10
- Payable Days
- 349
- 42
- Debt to Equity (x)
- 2.08x
- Interest Coverage (x)
- -0.86x
- 0.98x
- Revenue Growth %
- -43.31%
- Operating Profit Growth %
- -130.74%
- Net Profit Growth %
- -338.95%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 79.06
- Book Value (₹)
- 230.70
- Dividend per Share (₹)
- 16.60
- Cash EPS (₹)
- 21.49
- Operating Margin %
- 15.75%
- Net Margin %
- 8.00%
- ROE %
- 38.62%
- ROCE %
- 25.33%
- 2.99%
- Debtor Days
- 634
- Inventory Days
- 10
- Payable Days
- 704
- -60
- Debt to Equity (x)
- 1.70x
- Interest Coverage (x)
- 3.33x
- 1.00x
- Revenue Growth %
- -46.07%
- Operating Profit Growth %
- 450.86%
- Net Profit Growth %
- 156.31%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 21.94
- Book Value (₹)
- 207.65
- Dividend per Share (₹)
- 7.40
- Cash EPS (₹)
- 12.73
- Operating Margin %
- 9.54%
- Net Margin %
- 3.41%
- ROE %
- 13.58%
- ROCE %
- 15.63%
- 1.49%
- Debtor Days
- 599
- Inventory Days
- 6
- Payable Days
- 593
- 13
- Debt to Equity (x)
- 1.05x
- Interest Coverage (x)
- 2.37x
- 1.08x
- Revenue Growth %
- 30.25%
- Operating Profit Growth %
- -21.05%
- Net Profit Growth %
- -44.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -43.62
- Book Value (₹)
- 55.11
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -41.54
- Operating Margin %
- -4.70%
- Net Margin %
- -9.33%
- ROE %
- -54.89%
- ROCE %
- -13.79%
- -7.10%
- Debtor Days
- 324
- Inventory Days
- 1
- Payable Days
- 250
- 75
- Debt to Equity (x)
- 1.58x
- Interest Coverage (x)
- -2.65x
- 1.00x
- Revenue Growth %
- 45.32%
- Operating Profit Growth %
- -171.60%
- Net Profit Growth %
- -497.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 13.78
- Book Value (₹)
- 67.32
- Dividend per Share (₹)
- 3.30
- Cash EPS (₹)
- 16.14
- Operating Margin %
- 17.51%
- Net Margin %
- 7.88%
- ROE %
- 22.51%
- ROCE %
- 22.62%
- 3.32%
- Debtor Days
- 494
- Inventory Days
- 2
- Payable Days
- 476
- 19
- Debt to Equity (x)
- 0.55x
- Interest Coverage (x)
- 6.64x
- 1.06x
- Revenue Growth %
- -62.59%
- Operating Profit Growth %
- 239.27%
- Net Profit Growth %
- 131.59%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 16.05
- Book Value (₹)
- 79.25
- Dividend per Share (₹)
- 4.40
- Cash EPS (₹)
- 18.70
- Operating Margin %
- 20.93%
- Net Margin %
- 14.47%
- ROE %
- 21.89%
- ROCE %
- 19.91%
- 4.41%
- Debtor Days
- 550
- Inventory Days
- 3
- Payable Days
- 909
- -356
- Debt to Equity (x)
- 0.28x
- Interest Coverage (x)
- 18.12x
- 1.07x
- Revenue Growth %
- -36.62%
- Operating Profit Growth %
- -24.23%
- Net Profit Growth %
- 16.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 28.28
- Book Value (₹)
- 92.90
- Dividend per Share (₹)
- 12.90
- Cash EPS (₹)
- 31.24
- Operating Margin %
- 29.25%
- Net Margin %
- 22.72%
- ROE %
- 32.85%
- ROCE %
- 31.10%
- 8.38%
- Debtor Days
- 300
- Inventory Days
- 2
- Payable Days
- 545
- -243
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 83.35x
- 1.18x
- Revenue Growth %
- 12.26%
- Operating Profit Growth %
- 56.87%
- Net Profit Growth %
- 76.26%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 34.37
- Book Value (₹)
- 111.72
- Dividend per Share (₹)
- 15.00
- Cash EPS (₹)
- 37.47
- Operating Margin %
- 49.08%
- Net Margin %
- 33.56%
- ROE %
- 33.59%
- ROCE %
- 37.96%
- 9.13%
- Debtor Days
- 256
- Inventory Days
- 3
- Payable Days
- 1046
- -787
- Debt to Equity (x)
- 0.18x
- Interest Coverage (x)
- 2116.52x
- 1.23x
- Revenue Growth %
- -17.71%
- Operating Profit Growth %
- 38.07%
- Net Profit Growth %
- 21.53%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 23.44
- Book Value (₹)
- 91.91
- Dividend per Share (₹)
- 15.50
- Cash EPS (₹)
- 24.48
- Operating Margin %
- 28.21%
- Net Margin %
- 52.19%
- ROE %
- 23.03%
- ROCE %
- 32.26%
- 6.30%
- Debtor Days
- 450
- Inventory Days
- 0
- Payable Days
- 0
- 450
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 573.43x
- 1.22x
- Revenue Growth %
- -56.14%
- Operating Profit Growth %
- -17.40%
- Net Profit Growth %
- -31.79%
- -31.79%
- P/E (x)
- 35.45x
- P/B (x)
- 9.04x
- Dividend Yield %
- 1.86%
- 16.99x
Mar 2025
- EPS (₹)
- 57.82
- Book Value (₹)
- 104.89
- Dividend per Share (₹)
- 40.50
- Cash EPS (₹)
- 59.11
- Operating Margin %
- 59.06%
- Net Margin %
- 130.91%
- ROE %
- 58.76%
- ROCE %
- 60.68%
- 17.02%
- Debtor Days
- 368
- Inventory Days
- 0
- Payable Days
- 0
- 368
- Debt to Equity (x)
- 0.20x
- Interest Coverage (x)
- 1532.95x
- 1.28x
- Revenue Growth %
- -1.67%
- Operating Profit Growth %
- -10.97%
- Net Profit Growth %
- 146.64%
- 146.64%
- P/E (x)
- 8.84x
- P/B (x)
- 4.87x
- Dividend Yield %
- 7.93%
- 9.16x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-20 - Mstc Limited has informed the Exchange about Copy of Newspaper Publication regarding convening of 61st AGM through VC/OAVM.
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-20 - Mstc Limited has informed the Exchange about Transcript
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
Jun 2026
May 2026