MSP Steel & Power Ltd

MSP Steel & Power Ltd

₹ 27.7 0.40%
10 Jun - close price
About

Incorporated in 1968, MSP Steel & Power
Ltd manufactures and sells of iron and steel products and does generation of power[1]

Key Points

Business Overview:[1]
MSPSPL manufactures sponge iron and trades in steel products which includes construction bars, structural rolling mills, M.S Billet, power, pallet and sponge iron. It also deals in power generation

  • Market Cap 1,557 Cr.
  • Current Price 27.7
  • High / Low 64.5 / 21.5
  • Stock P/E
  • Book Value 17.4
  • Dividend Yield 0.00 %
  • ROCE 6.43 %
  • ROE -3.71 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -1.62%
  • Company has a low return on equity of -3.47% over last 3 years.
  • Promoters have pledged 81.3% of their holding.
  • Company's cost of borrowing seems high

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
653 625 587 662 677 671 674 781 748 772 656 717 760
604 611 621 632 624 642 645 742 724 729 630 698 715
Operating Profit 49 14 -34 30 54 30 29 39 25 43 27 19 45
OPM % 8% 2% -6% 5% 8% 4% 4% 5% 3% 6% 4% 3% 6%
3 1 4 1 10 4 10 10 18 1 0 0 2
Interest 21 19 18 19 26 17 20 25 25 21 22 16 23
Depreciation 13 14 14 14 13 14 14 14 13 14 13 14 13
Profit before tax 18 -18 -62 -2 25 3 4 10 4 10 -8 -10 10
Tax % 20% -19% -6% -218% 20% 160% 144% 52% -227% 34% 13% -185% 423%
15 -15 -58 2 20 -2 -2 5 13 7 -10 8 -34
EPS in Rs 0.38 -0.38 -1.51 0.06 0.51 -0.05 -0.04 0.12 0.34 0.18 -0.20 0.15 -0.60
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
1,191 1,090 902 849 1,160 1,670 1,533 1,723 2,340 2,550 2,874 2,905
1,032 1,085 913 775 1,043 1,539 1,462 1,581 2,184 2,487 2,748 2,771
Operating Profit 159 5 -11 74 117 130 70 142 155 64 125 134
OPM % 13% 0% -1% 9% 10% 8% 5% 8% 7% 2% 4% 5%
36 5 2 1 7 1 1 1 3 15 38 4
Interest 109 109 118 123 129 79 86 79 74 82 88 81
Depreciation 55 53 63 56 57 55 54 55 54 54 55 54
Profit before tax 32 -152 -191 -104 -62 -2 -68 8 30 -57 21 3
Tax % 34% -32% -5% -10% -10% 956% 11% 42% 14% -12% 31% 1,208%
21 -104 -182 -94 -56 -21 -76 5 26 -51 14 -28
EPS in Rs 2.42 -11.76 -20.71 -10.64 -1.44 -0.53 -1.97 0.13 0.67 -1.31 0.37 -0.50
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 14%
3 Years: 7%
TTM: 1%
Compounded Profit Growth
10 Years: 6%
5 Years: 10%
3 Years: %
TTM: -298%
Stock Price CAGR
10 Years: 8%
5 Years: 36%
3 Years: 36%
1 Year: 10%
Return on Equity
10 Years: -8%
5 Years: -1%
3 Years: -3%
Last Year: -4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 86 86 88 88 385 385 385 385 385 385 385 567
Reserves 612 508 427 335 266 249 177 175 202 153 166 412
1,106 1,216 1,142 1,202 913 884 892 797 857 832 813 262
336 218 113 171 221 182 283 153 307 277 274 293
Total Liabilities 2,140 2,028 1,770 1,796 1,786 1,699 1,738 1,511 1,751 1,648 1,638 1,535
1,003 1,144 1,127 1,070 1,013 959 906 855 827 826 816 790
CWIP 182 111 1 1 1 2 1 1 1 1 1 1
Investments 48 75 52 55 50 53 47 40 40 46 45 47
907 698 590 670 722 686 784 615 884 776 776 697
Total Assets 2,140 2,028 1,770 1,796 1,786 1,699 1,738 1,511 1,751 1,648 1,638 1,535

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
275 88 -22 73 147 94 77 178 110 86 170 189
-192 -127 84 1 -19 14 -0 -1 -62 -19 -50 -34
-84 56 -78 -61 -122 -108 -79 -177 -11 -104 -106 -178
Net Cash Flow -1 17 -17 13 6 0 -2 -0 37 -37 15 -22

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 59 34 44 58 33 24 18 12 11 11 9 9
Inventory Days 123 128 130 175 149 108 160 104 89 84 78 74
Days Payable 64 46 33 70 78 46 55 34 52 36 34 36
Cash Conversion Cycle 117 116 142 163 104 87 122 82 48 59 53 47
Working Capital Days 121 127 156 150 112 86 96 85 70 61 53 46
ROCE % 8% -2% -4% 1% 4% 5% 1% 6% 7% 2% 8% 6%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
41.62% 41.61% 41.61% 41.61% 41.61% 41.61% 41.61% 41.61% 42.34% 42.34% 36.85% 35.24%
0.04% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.16% 0.33% 1.10% 0.52% 0.40%
17.25% 16.64% 16.61% 16.60% 16.60% 8.96% 3.14% 3.14% 3.17% 1.91% 12.90% 16.70%
41.09% 41.74% 41.77% 41.79% 41.79% 49.43% 55.24% 55.08% 54.16% 54.65% 49.71% 47.65%
No. of Shareholders 57,29558,16757,38457,69057,53654,76448,60049,66051,68758,97059,46059,211

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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