MSTC Limited

MSTC Limited

MSTCLTDNSE / BSEIndustrialsSmall Cap

₹535.70-₹35.05 (-6.1%)

Last close · Data as of Oct 30, 2026

Market cap
₹3,346 Cr
P/E
15.4x
EV / EBITDA
10.8x
Revenue
₹311 Cr
Net margin
54.4%
ROCE
11.0%

-2.4% over the last year

MSTC Limited price, 1Y

Daily closes.

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Performance

Price change over each period, before dividends.

1M
-25.1%
3M
-11.3%
6M
+23.4%
1Y
-2.4%
5Y
+36.0%

52-week range

Day change -₹35.05 (-6.1%) from ₹571 to ₹536 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in MSTCLTD, bought on each weekday since 2021.

AI Summary

Indian Stock

Strengths1

  • Strong 5-year net profit CAGR of 18.1%

Concerns1

  • Other income is 71.5% of PBT — a large share of earnings is non-operating

Rule-based from financial data. Not advice.

About the company

MSTC Limited engages in marketing, e-commerce, and scrap recovery and allied job businesses primarily in India. The company operates in two segments, Marketing and E-Commerce. It is involved in e-procurement, e-auction, tender, recycling, and e-sale business. The company also develops ERP solutions.

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MSTC Limited engages in marketing, e-commerce, and scrap recovery and allied job businesses primarily in India. The company operates in two segments, Marketing and E-Commerce. It is involved in e-procurement, e-auction, tender, recycling, and e-sale business. The company also develops ERP solutions. In addition, it markets industrial raw materials and project related equipment, as well as engages in disposal of ferrous and non-ferrous scrap, surplus stores, machinery, spares, vehicles, minerals, agriculture, and forest produces. The company was incorporated in 1964 and is headquartered in Kolkata, India.

Sector
Industrials
Shares outstanding
7.0 Cr shares
ISIN
INE255X01014
BSE code
542597

Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

Valuation

Market cap
₹3,346 Cr
P/E
15.4x
P/B
4.0x
EV / EBITDA
10.8x
EV / Sales
10.0x
P/S
10.6x
Earnings yield
6.5%
52-week high
₹785.45
52-week low
₹366.45

Profitability

Operating margin
28.2%
Net margin
54.4%
EBITDA margin
92.4%
ROE
25.9%
ROCE
11.0%
ROA
9.3%
Dividend payout
63.0%
Tax rate
40.0%
Other income, % of PBT
71.5%

Growth

Revenue
₹311 Cr
Revenue growth, 1Y
-1.6%
Revenue CAGR, 5Y
-17.6%
EBITDA
₹292 Cr
EBITDA growth, 1Y
-8.8%
Net profit growth, 1Y
134.3%
Net profit CAGR, 5Y
18.1%
Cash from operations
-₹283 Cr
CFO growth, 1Y
-136.8%
Free cash flow
₹136 Cr
Asset growth, 1Y
-19.2%

Solvency and efficiency

Current ratio
1.72
Debt / Equity
0.22
Debt / Assets
0.08
Debt / EBITDA
0.50
Financial leverage
2.77
CFO / Net profit
-1.65
Cash / Market cap
51.6%
Cash per share
₹245.40
Asset turnover
0.17
Fixed asset turnover
4.65
Capital intensity
0.22
Debtor days
366 days
Cash conversion cycle
366 days

Where the revenue went

Of every ₹100 of FY2025 revenue, ₹130 was left as net profit.

MSTC Limited income statement flow, FY2025
MSTC Limited income statement flow, FY2025: flows
FromToAmount
SalesExpenses₹137 Cr
SalesOperating profit₹174 Cr
Operating profitDepreciation₹9 Cr
Operating profitProfit before tax₹165 Cr
Other incomeProfit before tax₹340 Cr
Profit before taxTax and other₹101 Cr
Profit before taxNet profit₹403 Cr

Revenue and net profit

Revenue fell 1.6% in FY2025; net profit is the dashed line.

MSTC Limited revenue and net profit by fiscal year
MSTC Limited revenue and net profit by fiscal year
DateRevenueNet profit
FY2021₹428 Cr₹101 Cr
FY2022₹471 Cr₹200 Cr
FY2023₹325 Cr₹239 Cr
FY2024₹316 Cr₹172 Cr
FY2025₹311 Cr₹403 Cr

Cash flows

FY2025: ₹260 Cr from operations, ₹425 Cr free after investment (dashed).

MSTC Limited operating and free cash flow by fiscal year
MSTC Limited operating and free cash flow by fiscal year
DateOperating cash flowFree cash flow
FY2021₹665 Cr₹655 Cr
FY2022₹71 Cr₹96 Cr
FY2023₹768 Cr₹306 Cr
FY2024-₹283 Cr-₹555 Cr
FY2025₹260 Cr₹425 Cr

Growth

Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

Revenue
₹311 Cr-1.6%1Y
Net profit
₹403 Cr+134.3%1Y
Cash from operations
₹260 Cr
Free cash flow
₹425 Cr
Revenue CAGR, 5Y
-17.6%
EBITDA CAGR, 5Y
12.8%
Net profit CAGR, 5Y
18.1%
YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
FY2025₹311 Cr₹174 Cr—₹403 Cr₹260 Cr₹425 Cr53.7%-1.6%+134.3%

Monthly returns

Month-by-month returns of MSTCLTD across the years, with the seasonal pattern.

Balance sheet

What the company owns and owes at the end of FY2025.

LineFY2025
Liabilities and equity₹2,132 Cr
Equity capital₹70 Cr
Reserves₹681 Cr
Borrowings₹145 Cr
Other liabilities₹1,235 Cr
Assets₹2,132 Cr
Fixed assets₹65 Cr
Capital work in progress₹0 Cr
Investments₹25 Cr
Other assets₹2,042 Cr

Market cap against peers

8 peers: same sector group, nearest by size.

P/E against peers

MSTCLTD trades at 15.4x earnings against a peer median of 38.3x (a 60% discount).

Peer comparison

Same-sector peers by market cap, with the median.

CompanyMarket capP/EP/BROEEV/EBITDA
MSTC LimitedMSTCLTDthis companyP/E ↓ discount₹3,346 Cr15.4x4.0x25.9%10.8x
Harsha Engineers International LimitedHARSHA₹3,495 Cr26.6x2.6x10.2%17.2x
Interarch Building Solutions LimitedINTERARCH₹3,477 Cr27.3x4.3x19.4%25.4x
Ramky Infrastructure LimitedRAMKY₹3,459 Cr16.9x2.1x28.6%5.9x
Uflex LimitedUFLEX₹3,418 Cr16.4x1.0x5.3%7.5x
PSP Projects LimitedPSPPROJECT₹3,278 Cr126.0x2.7x13.6%11.9x
Kirloskar Industries LtdKIRLOSIND₹3,245 Cr41.9x0.6x1.9%29.9x
Shanthi Gears Ltd.SHANTIGEAR₹3,218 Cr34.6x7.4x23.7%25.6x
Quess Corp LimitedQUESS₹3,169 Cr15.3x3.5x——
Peer median—38.3x5.2x15.2%25.8x

Year-to-date ROI

MSTCLTD since 1 January, against earlier years.

Historical volatility

MSTCLTD's day-to-day swings over 30, 60 and 180 days.

Financial statements

Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

Operating margin by fiscal year

MSTC Limited operating margin by fiscal year
MSTC Limited operating margin by fiscal year
DateOperating margin
FY2021-20.0%
FY2022-11.0%
FY202345.0%
FY202428.0%
FY202556.0%
LineFY2025
RevenueSales₹311 Cr
Costs
Interest₹0 Cr
Expenses₹137 Cr
Profit before tax₹504 Cr

Learn while you research

Academy chapters picked for MSTC Limited and the metrics on this page.

  1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
  2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
  3. 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
  4. 04 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
  5. 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
  6. 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read
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