WEBSITE BSE:532650 NSE: MSP STEEL Inc. Year: 1968 Industry: Steel & Iron Products My Bucket: Add Stock
Last updated: 15:57
MSP Steel & Power Ltd is engaged in production of steel and metal products. The Company is likewise engaged within the manufacture and sale of iron. The Company is likewise engaged inside the technology and sale of power. The Company has production plant in Raigarh, Chhattisgarh. The Company additionally rolls steel at its rolling and structure generators to provide value-added rolled long products. The Company has beneficiation and pellet manufacturing centres. The Company gives a portfolio, including pellets, sponge iron, billets, electricity...Read More
MSP Steel & Power Ltd is engaged in production of steel and metal products. The Company is likewise engaged within the manufacture and sale of iron. The Company is likewise engaged inside the technology and sale of power. The Company has production plant in Raigarh, Chhattisgarh. The Company additionally rolls steel at its rolling and structure generators to provide value-added rolled long products. The Company has beneficiation and pellet manufacturing centres. The Company gives a portfolio, including pellets, sponge iron, billets, electricity and thermo mechanically treated(TMT) structural. The Company's captive pellet plant produces over 900,000 tons/annum (TPA) iron pellets. The Company power generation ability of 24 megawatts is based totally out of Waste Heat Recovery (WHR) from Direct-reduced iron (DRI)/steel melting shop (SMS) facilities. The Company produces over 307,500 TPA unit of sponge iron at Raigarh, Chhattisgarh. MSP Cement Ltd is the subsidiary of the Company. ...Read Less
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Market Cap ₹1978 Cr.
Stock P/E -69.8
P/B 2.2
Current Price ₹34.9
Book Value ₹ 16.2
Face Value 10
52W High ₹41.3
Dividend Yield 0%
52W Low ₹ 23.6
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 674 | 781 | 748 | 772 | 656 | 712 | 760 | 711 | 677 | 639 |
| Other Income | 10 | 7 | 18 | 1 | 0 | 0 | 2 | 1 | 1 | 0 |
| Total Income | 683 | 787 | 766 | 773 | 656 | 712 | 762 | 711 | 678 | 639 |
| Total Expenditure | 645 | 742 | 724 | 729 | 630 | 692 | 715 | 666 | 654 | 606 |
| Operating Profit | 38 | 46 | 42 | 44 | 27 | 20 | 47 | 45 | 24 | 33 |
| Interest | 20 | 25 | 25 | 21 | 22 | 16 | 23 | 10 | 10 | 11 |
| Depreciation | 14 | 14 | 13 | 14 | 13 | 13 | 13 | 14 | 14 | 14 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -101 | -1 |
| Profit Before Tax | 4 | 7 | 4 | 10 | -8 | -10 | 10 | 22 | -101 | 7 |
| Provision for Tax | 5 | 5 | -9 | 3 | 1 | -18 | 44 | 4 | -26 | 2 |
| Profit After Tax | -2 | 2 | 13 | 7 | -10 | 8 | -34 | 18 | -75 | 5 |
| Adjustments | -0 | 3 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -2 | 5 | 13 | 7 | -10 | 8 | -34 | 18 | -75 | 5 |
| Adjusted Earnings Per Share | -0 | 0.1 | 0.3 | 0.2 | -0.2 | 0.2 | -0.6 | 0.3 | -1.3 | 0.1 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 1092 | 905 | 849 | 1160 | 1670 | 1533 | 1723 | 2340 | 2550 | 2874 | 2905 | 2787 |
| Other Income | 6 | 2 | 1 | 3 | 2 | 3 | 1 | 3 | 12 | 38 | 4 | 4 |
| Total Income | 1098 | 906 | 850 | 1163 | 1672 | 1535 | 1724 | 2343 | 2562 | 2912 | 2909 | 2790 |
| Total Expenditure | 1088 | 915 | 775 | 1043 | 1539 | 1451 | 1581 | 2184 | 2487 | 2748 | 2771 | 2641 |
| Operating Profit | 10 | -9 | 76 | 120 | 132 | 85 | 143 | 159 | 75 | 164 | 137 | 149 |
| Interest | 109 | 118 | 123 | 129 | 79 | 86 | 79 | 74 | 82 | 88 | 81 | 54 |
| Depreciation | 53 | 63 | 56 | 57 | 55 | 54 | 55 | 54 | 54 | 55 | 54 | 55 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 5 | -1 | -2 | 0 | 0 | 0 | 0 | 0 | -102 |
| Profit Before Tax | -152 | -191 | -104 | -62 | -2 | -56 | 8 | 30 | -57 | 21 | 3 | -62 |
| Provision for Tax | -49 | -9 | -10 | -6 | 19 | 11 | 4 | 4 | -7 | 6 | 31 | 24 |
| Profit After Tax | -104 | -182 | -94 | -56 | -21 | -68 | 5 | 26 | -51 | 14 | -28 | -86 |
| Adjustments | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -104 | -182 | -94 | -56 | -21 | -68 | 5 | 26 | -51 | 14 | -28 | -86 |
| Adjusted Earnings Per Share | -12 | -20.7 | -10.6 | -1.4 | -0.5 | -1.8 | 0.1 | 0.7 | -1.3 | 0.4 | -0.5 | -1.5 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 1% | 7% | 14% | 10% |
| Operating Profit CAGR | -16% | -5% | 10% | 30% |
| PAT CAGR | -300% | NAN% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 21% | 58% | 27% | 11% |
| ROE Average | -4% | -3% | -1% | -9% |
| ROCE Average | 6% | 5% | 6% | 3% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 615 | 515 | 423 | 683 | 665 | 593 | 592 | 618 | 570 | 582 | 979 |
| Minority's Interest | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 914 | 840 | 864 | 588 | 565 | 566 | 543 | 526 | 502 | 477 | 12 |
| Other Non-Current Liabilities | 35 | 5 | -52 | -57 | -41 | -30 | -30 | -25 | -32 | -23 | 10 |
| Total Current Liabilities | 464 | 410 | 508 | 515 | 468 | 577 | 375 | 605 | 574 | 574 | 534 |
| Total Liabilities | 2048 | 1770 | 1743 | 1728 | 1657 | 1706 | 1480 | 1725 | 1615 | 1611 | 1535 |
| Fixed Assets | 1144 | 1127 | 1070 | 1013 | 959 | 906 | 855 | 827 | 826 | 816 | 790 |
| Other Non-Current Assets | 274 | 99 | 62 | 57 | 60 | 55 | 45 | 49 | 58 | 54 | 72 |
| Total Current Assets | 630 | 545 | 612 | 658 | 638 | 744 | 581 | 849 | 730 | 741 | 673 |
| Total Assets | 2048 | 1770 | 1743 | 1728 | 1657 | 1706 | 1480 | 1725 | 1615 | 1611 | 1535 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 2 | 19 | 5 | 7 | 14 | 14 | 11 | 11 | 48 | 11 | 26 |
| Cash Flow from Operating Activities | 88 | -22 | 73 | 147 | 94 | 77 | 178 | 110 | 86 | 170 | 189 |
| Cash Flow from Investing Activities | -127 | 84 | 1 | -19 | 14 | -0 | -1 | -62 | -19 | -50 | -34 |
| Cash Flow from Financing Activities | 56 | -78 | -61 | -122 | -108 | -79 | -177 | -11 | -104 | -106 | -178 |
| Net Cash Inflow / Outflow | 17 | -17 | 13 | 6 | 0 | -2 | -0 | 37 | -37 | 15 | -22 |
| Closing Cash & Cash Equivalent | 19 | 2 | 18 | 14 | 14 | 11 | 11 | 48 | 11 | 26 | 4 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | -12.02 | -20.71 | -10.64 | -1.44 | -0.53 | -1.76 | 0.13 | 0.67 | -1.31 | 0.37 | -0.5 |
| CEPS(Rs) | -5.88 | -13.52 | -4.24 | 0.03 | 0.88 | -0.36 | 1.57 | 2.08 | 0.09 | 1.81 | 0.45 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 66.76 | 58.5 | 48.05 | 16.91 | 16.46 | 14.57 | 14.55 | 15.24 | 13.98 | 14.3 | 16.72 |
| Core EBITDA Margin(%) | 0.35 | -1.09 | 7.92 | 9.87 | 7.78 | 5.34 | 8.21 | 6.62 | 2.5 | 4.35 | 4.59 |
| EBIT Margin(%) | -3.53 | -7.21 | 2.02 | 5.7 | 4.61 | 1.9 | 5.06 | 4.44 | 0.97 | 3.76 | 2.87 |
| Pre Tax Margin(%) | -12.56 | -18.97 | -11.06 | -5.18 | -0.12 | -3.67 | 0.49 | 1.28 | -2.24 | 0.72 | 0.09 |
| PAT Margin (%) | -8.56 | -18.1 | -9.95 | -4.69 | -1.23 | -4.4 | 0.28 | 1.1 | -1.98 | 0.5 | -0.97 |
| Cash Profit Margin (%) | -4.18 | -11.82 | -3.96 | 0.1 | 2.03 | -0.9 | 3.48 | 3.42 | 0.14 | 2.42 | 0.87 |
| ROA(%) | -4.93 | -9.55 | -5.34 | -3.21 | -1.22 | -4.03 | 0.31 | 1.6 | -3.03 | 0.89 | -1.8 |
| ROE(%) | -16.51 | -33.45 | -19.97 | -10.36 | -3.2 | -11.32 | 0.87 | 4.47 | -8.99 | 2.63 | -3.78 |
| ROCE(%) | -2.37 | -4.19 | 1.16 | 4.24 | 5.01 | 1.97 | 6.24 | 7.43 | 1.76 | 7.92 | 6.43 |
| Receivable days | 44.19 | 38.38 | 47.57 | 36.78 | 23.34 | 21.84 | 13.65 | 9.86 | 10.49 | 9.35 | 9.16 |
| Inventory Days | 93.01 | 107.62 | 110.2 | 99.42 | 78.79 | 106.63 | 95 | 64.93 | 67.3 | 61.74 | 60.39 |
| Payable days | 53.63 | 43.68 | 55.42 | 64.29 | 49.76 | 52.06 | 42.04 | 38.18 | 41.42 | 33.64 | 34.78 |
| PER(x) | 0 | 0 | 0 | 0 | 0 | 0 | 58.74 | 16.08 | 0 | 81.94 | 0 |
| Price/Book(x) | 0.19 | 0.15 | 0.27 | 0.96 | 0.79 | 0.25 | 0.51 | 0.7 | 0.56 | 2.13 | 1.63 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 1.2 | 1.34 | 1.53 | 1.29 | 0.81 | 0.66 | 0.61 | 0.5 | 0.43 | 0.68 | 0.63 |
| EV/Core EBITDA(x) | 128.81 | -130.34 | 17.21 | 12.52 | 10.26 | 11.93 | 7.38 | 7.41 | 14.7 | 11.86 | 13.24 |
| Net Sales Growth(%) | -8.44 | -17.18 | -6.1 | 36.62 | 43.9 | -8.21 | 12.42 | 35.77 | 9.01 | 12.68 | 1.09 |
| EBIT Growth(%) | -130.39 | -69.79 | 126.21 | 255.46 | 14 | -62.12 | 200.1 | 18.64 | -76.16 | 336.84 | -22.73 |
| PAT Growth(%) | -586.32 | -76.1 | 48.61 | 40.6 | 63 | -228.53 | 107.21 | 426.38 | -297 | 128.35 | -297.68 |
| EPS Growth(%) | -586.31 | -72.34 | 48.62 | 86.42 | 63 | -228.43 | 107.23 | 424.96 | -296.85 | 128.39 | -234.27 |
| Debt/Equity(x) | 2 | 2.22 | 2.84 | 1.29 | 1.28 | 1.45 | 1.29 | 1.34 | 1.41 | 1.34 | 0.27 |
| Current Ratio(x) | 1.36 | 1.33 | 1.2 | 1.28 | 1.36 | 1.29 | 1.55 | 1.4 | 1.27 | 1.29 | 1.26 |
| Quick Ratio(x) | 0.67 | 0.66 | 0.62 | 0.6 | 0.57 | 0.38 | 0.54 | 0.65 | 0.43 | 0.44 | 0.37 |
| Interest Cover(x) | -0.39 | -0.61 | 0.15 | 0.52 | 0.98 | 0.34 | 1.11 | 1.4 | 0.3 | 1.24 | 1.03 |
| Total Debt/Mcap(x) | 10.44 | 14.88 | 10.49 | 1.4 | 1.7 | 6.04 | 2.66 | 2 | 2.64 | 0.66 | 0.17 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 41.62 | 41.62 | 42.34 | 42.34 | 36.86 | 35.24 | 35.24 | 35.24 | 37.74 | 40.22 |
| FII | 0 | 0.16 | 0.33 | 1.1 | 0.52 | 0.4 | 0.18 | 0.18 | 0.37 | 0.12 |
| DII | 3.14 | 3.14 | 3.17 | 1.91 | 12.88 | 16.7 | 16.7 | 16.7 | 16.7 | 16.8 |
| Public | 55.24 | 55.08 | 54.16 | 54.65 | 49.74 | 47.66 | 47.88 | 47.88 | 45.19 | 42.86 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 16.04 | 16.04 | 16.32 | 16.32 | 19.97 | 19.97 | 19.97 | 19.97 | 21.39 | 22.79 |
| FII | 0 | 0.06 | 0.13 | 0.42 | 0.28 | 0.23 | 0.1 | 0.1 | 0.21 | 0.07 |
| DII | 1.21 | 1.21 | 1.22 | 0.74 | 6.98 | 9.46 | 9.46 | 9.46 | 9.46 | 9.52 |
| Public | 21.29 | 21.23 | 20.87 | 21.06 | 26.96 | 27.01 | 27.14 | 27.14 | 25.61 | 24.29 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 38.54 | 38.54 | 38.54 | 38.54 | 54.2 | 56.68 | 56.68 | 56.68 | 56.68 | 56.68 |
* The pros and cons are machine generated.
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