MSP Steel & Power Ltd
Incorporated in 1968, MSP Steel & Power
Ltd manufactures and sells of iron and steel products and does generation of power[1]
- Market Cap ₹ 2,196 Cr.
- Current Price ₹ 45.6
- High / Low ₹ 64.5 / 22.4
- Stock P/E 146
- Book Value ₹ 12.0
- Dividend Yield 0.00 %
- ROCE 7.92 %
- ROE 2.63 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 21.0% CAGR over last 5 years
Cons
- Stock is trading at 3.79 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.65% over last 3 years.
- Promoters have pledged 99.6% of their holding.
* 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.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
920 | 1,191 | 1,090 | 902 | 849 | 1,160 | 1,670 | 1,533 | 1,723 | 2,340 | 2,550 | 2,874 | 2,957 | |
759 | 1,032 | 1,085 | 913 | 775 | 1,043 | 1,539 | 1,462 | 1,581 | 2,184 | 2,487 | 2,748 | 2,824 | |
Operating Profit | 161 | 159 | 5 | -11 | 74 | 117 | 130 | 70 | 142 | 155 | 64 | 125 | 134 |
OPM % | 18% | 13% | 0% | -1% | 9% | 10% | 8% | 5% | 8% | 7% | 2% | 4% | 5% |
6 | 36 | 5 | 2 | 1 | 7 | 1 | 1 | 1 | 3 | 15 | 38 | 29 | |
Interest | 91 | 109 | 109 | 118 | 123 | 129 | 79 | 86 | 79 | 74 | 82 | 88 | 93 |
Depreciation | 46 | 55 | 53 | 63 | 56 | 57 | 55 | 54 | 55 | 54 | 54 | 55 | 54 |
Profit before tax | 30 | 32 | -152 | -191 | -104 | -62 | -2 | -68 | 8 | 30 | -57 | 21 | 16 |
Tax % | 33% | 34% | -32% | -5% | -10% | -10% | 956% | 11% | 42% | 14% | -12% | 31% | |
20 | 21 | -104 | -182 | -94 | -56 | -21 | -76 | 5 | 26 | -51 | 14 | 15 | |
EPS in Rs | 2.28 | 2.42 | -11.76 | -20.71 | -10.64 | -1.44 | -0.53 | -1.97 | 0.13 | 0.67 | -1.31 | 0.37 | 0.44 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 11% |
3 Years: | 19% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | -4% |
5 Years: | 21% |
3 Years: | 43% |
TTM: | -19% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 54% |
3 Years: | 62% |
1 Year: | 106% |
Return on Equity | |
---|---|
10 Years: | -10% |
5 Years: | -3% |
3 Years: | -1% |
Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 86 | 86 | 86 | 88 | 88 | 385 | 385 | 385 | 385 | 385 | 385 | 385 | 385 |
Reserves | 602 | 612 | 508 | 427 | 335 | 266 | 249 | 177 | 175 | 202 | 153 | 166 | 194 |
1,063 | 1,106 | 1,216 | 1,142 | 1,202 | 913 | 884 | 892 | 797 | 857 | 832 | 813 | 737 | |
319 | 336 | 218 | 113 | 171 | 221 | 182 | 283 | 153 | 307 | 277 | 274 | 238 | |
Total Liabilities | 2,070 | 2,140 | 2,028 | 1,770 | 1,796 | 1,786 | 1,699 | 1,738 | 1,511 | 1,751 | 1,648 | 1,638 | 1,555 |
890 | 1,003 | 1,144 | 1,127 | 1,070 | 1,013 | 959 | 906 | 855 | 827 | 826 | 816 | 795 | |
CWIP | 187 | 182 | 111 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
Investments | 48 | 48 | 75 | 52 | 55 | 50 | 53 | 47 | 40 | 40 | 46 | 45 | 45 |
945 | 907 | 698 | 590 | 670 | 722 | 686 | 784 | 615 | 884 | 776 | 776 | 715 | |
Total Assets | 2,070 | 2,140 | 2,028 | 1,770 | 1,796 | 1,786 | 1,699 | 1,738 | 1,511 | 1,751 | 1,648 | 1,638 | 1,555 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-144 | 275 | 88 | -22 | 73 | 147 | 94 | 77 | 178 | 110 | 86 | 170 | |
-131 | -192 | -127 | 84 | 1 | -19 | 14 | -0 | -1 | -62 | -19 | -50 | |
273 | -84 | 56 | -78 | -61 | -122 | -108 | -79 | -177 | -11 | -104 | -106 | |
Net Cash Flow | -3 | -1 | 17 | -17 | 13 | 6 | 0 | -2 | -0 | 37 | -37 | 15 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 50 | 59 | 34 | 44 | 58 | 33 | 24 | 18 | 12 | 11 | 11 | 9 |
Inventory Days | 187 | 123 | 128 | 130 | 175 | 149 | 108 | 160 | 104 | 89 | 84 | 78 |
Days Payable | 90 | 64 | 46 | 33 | 70 | 78 | 46 | 55 | 34 | 52 | 36 | 34 |
Cash Conversion Cycle | 146 | 117 | 116 | 142 | 163 | 104 | 87 | 122 | 82 | 48 | 59 | 53 |
Working Capital Days | 160 | 121 | 127 | 156 | 150 | 112 | 86 | 96 | 85 | 70 | 61 | 53 |
ROCE % | 8% | 8% | -2% | -4% | 1% | 4% | 5% | 1% | 6% | 7% | 2% | 8% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - Listing Regulations, we submit herewith copies of the advertisements with respect to Unaudited Financial Results for the quarter and half year ended 30th September, 2024.
- Submission Of Un - Audited Standalone And Consolidated Financial Results And Limited Review Report For The Quarter And Half Year Ended On 30Th September, 2024. 14 Nov
-
Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29(1)(A) Of The Listing Regulations
5 Nov - Board meeting scheduled to approve Q2 financial results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
19 Oct - Listing Regulations, we enclose a copy of certificate issued by our RTA for the quarter ended 30th September 2024.
-
Announcement under Regulation 30 (LODR)-Credit Rating
8 Oct - MSPL receives credit rating revision from CARE Ratings.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
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Financial Year 2011
from bse
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