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 ₹ 2,351 Cr.
- Current Price ₹ 41.5
- High / Low ₹ 45.0 / 26.2
- Stock P/E 17.4
- Book Value ₹ 18.2
- Dividend Yield 0.00 %
- ROCE 9.69 %
- ROE 13.7 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 94.4% CAGR over last 5 years
- Promoter holding has increased by 2.48% over last quarter.
Cons
- The company has delivered a poor sales growth of 10.5% over past five years.
- Company has a low return on equity of 5.32% over last 3 years.
- Promoters have pledged 71.3% 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Part of BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,090 | 902 | 849 | 1,160 | 1,670 | 1,533 | 1,723 | 2,340 | 2,550 | 2,874 | 2,905 | 2,843 | |
| 1,085 | 913 | 775 | 1,043 | 1,539 | 1,451 | 1,581 | 2,184 | 2,487 | 2,748 | 2,771 | 2,665 | |
| Operating Profit | 5 | -11 | 74 | 117 | 130 | 82 | 142 | 155 | 64 | 125 | 134 | 178 |
| OPM % | 0% | -1% | 9% | 10% | 8% | 5% | 8% | 7% | 2% | 4% | 5% | 6% |
| 5 | 2 | 1 | 7 | 1 | 1 | 1 | 3 | 15 | 38 | 4 | -98 | |
| Interest | 109 | 118 | 123 | 129 | 79 | 86 | 79 | 74 | 82 | 88 | 81 | 48 |
| Depreciation | 53 | 63 | 56 | 57 | 55 | 54 | 55 | 54 | 54 | 55 | 54 | 55 |
| Profit before tax | -152 | -191 | -104 | -62 | -2 | -56 | 8 | 30 | -57 | 21 | 3 | -24 |
| Tax % | -32% | -5% | -10% | -10% | 956% | 20% | 42% | 14% | -12% | 31% | 1,208% | -243% |
| -104 | -182 | -94 | -56 | -21 | -68 | 5 | 26 | -51 | 14 | -28 | 34 | |
| EPS in Rs | -11.76 | -20.71 | -10.64 | -1.44 | -0.53 | -1.76 | 0.13 | 0.67 | -1.31 | 0.37 | -0.50 | 0.60 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 11% |
| 3 Years: | 4% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 94% |
| 3 Years: | 67% |
| TTM: | 578% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 28% |
| 3 Years: | 67% |
| 1 Year: | 48% |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 3% |
| 3 Years: | 5% |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 86 | 88 | 88 | 385 | 385 | 385 | 385 | 385 | 385 | 385 | 567 | 567 |
| Reserves | 508 | 427 | 335 | 266 | 249 | 207 | 175 | 202 | 153 | 166 | 381 | 463 |
| 1,216 | 1,142 | 1,202 | 913 | 884 | 861 | 797 | 857 | 832 | 813 | 294 | 321 | |
| 218 | 113 | 171 | 221 | 182 | 283 | 153 | 307 | 277 | 274 | 293 | 376 | |
| Total Liabilities | 2,028 | 1,770 | 1,796 | 1,786 | 1,699 | 1,737 | 1,511 | 1,751 | 1,648 | 1,638 | 1,535 | 1,728 |
| 1,144 | 1,127 | 1,070 | 1,013 | 959 | 906 | 855 | 827 | 826 | 816 | 790 | 794 | |
| CWIP | 111 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 18 |
| Investments | 75 | 52 | 55 | 50 | 53 | 47 | 40 | 40 | 46 | 45 | 47 | 49 |
| 698 | 590 | 670 | 722 | 686 | 783 | 615 | 884 | 776 | 776 | 697 | 867 | |
| Total Assets | 2,028 | 1,770 | 1,796 | 1,786 | 1,699 | 1,737 | 1,511 | 1,751 | 1,648 | 1,638 | 1,535 | 1,728 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 88 | -22 | 73 | 147 | 94 | 77 | 178 | 110 | 86 | 170 | 189 | 148 | |
| -127 | 84 | 1 | -19 | 14 | -0 | -1 | -62 | -19 | -50 | -34 | -58 | |
| 56 | -78 | -61 | -122 | -108 | -79 | -177 | -11 | -104 | -106 | -178 | -90 | |
| Net Cash Flow | 17 | -17 | 13 | 6 | 0 | -2 | -0 | 37 | -37 | 15 | -22 | 0 |
| Free Cash Flow | -35 | 40 | 73 | 148 | 92 | 78 | 174 | 85 | 32 | 125 | 157 | 89 |
| CFO/OP | 1,886% | 200% | 100% | 126% | 73% | 97% | 125% | 73% | 138% | 138% | 144% | 78% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 34 | 44 | 58 | 33 | 24 | 18 | 12 | 11 | 11 | 9 | 9 | 11 |
| Inventory Days | 128 | 130 | 175 | 149 | 108 | 162 | 104 | 89 | 84 | 78 | 74 | 96 |
| Days Payable | 46 | 33 | 70 | 78 | 46 | 56 | 34 | 52 | 36 | 34 | 36 | 53 |
| Cash Conversion Cycle | 116 | 142 | 163 | 104 | 87 | 124 | 82 | 48 | 59 | 53 | 47 | 54 |
| Working Capital Days | 49 | 53 | 38 | 32 | 31 | 34 | 38 | 23 | 18 | 15 | 15 | 12 |
| ROCE % | -2% | -4% | 1% | 4% | 5% | 2% | 6% | 7% | 2% | 8% | 6% | 10% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MS Billets Production Volume MT ・Standalone data |
|
||||||||||
| Pellets Production Volume MT ・Standalone data |
|||||||||||
| Sponge Iron Production Volume MT ・Standalone data |
|||||||||||
| TMT Bars Production Volume MT ・Standalone data |
|||||||||||
| Capacity Utilization - Sponge Iron % ・Standalone data |
|||||||||||
| Captive Power Plant Capacity MW ・Standalone data |
|||||||||||
Extracted by Screener AI
Documents
Announcements
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
1d - Promoter group filed Regulation 29(2) disclosure on 12 June 2026.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1d
-
Open Market Purchase Of Equity Shares By Promoter Entity
2d - Promoter group bought 52.1 lakh shares on 4, 5 and 8 June 2026; SEBI PIT disclosure filed.
-
Open Market Purchase Of Equity Shares By Promoter Entity
9 Jun - Ginny Traders bought 23.50 lakh shares; Sampat Marketing bought 11.05 lakh shares on 2-3 June 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jun - MSPL submits copies of newspaper publication wrt Audited Standalone & Consolidated Financial Results for the fourth quarter and year ended on 31st March 2026
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
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