Company Overview
MSP Steel & Power Limited, together with its subsidiaries, engages in the manufacturing and trading of iron and steel products in India and internationally. The company offers MSP premium TMT bars for residential housing and individual home construction, Commercial buildings and institutional infrastructure, and public development project applications; and MSP structural, including H beams, I Beams, channels, angles, round bars, and dowel bars for infrastructure projects, Industrial, general engineering, and domestic applications. It also provides MSP pellet for direct reduced iron production, blast furnace iron-making, sponge iron production, and integrated steel manufacturing applications; sponge iron, MS billets; and MSP pipes. In addition, the company offers power products; and sells scrap and by-products. It serves construction, infrastructure, and industrial sectors. The company also exports its products. MSP Steel & Power Limited was incorporated in 1968 and is based in Kolkata, India.
Why Investors Should Care
Net profit has compounded at 55.6% per year over the last five years.
Carries low leverage with a debt-to-equity ratio of 0.31.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹2,842.96 Cr (-2.1% YoY); net profit ₹33.77 Cr.
- Trailing 12 Months Year-on-year growth — revenue +16.3%, earnings +23.3%.
- 5-Year Trend Long-term compounding — revenue CAGR 3.9%, profit CAGR 55.6%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 3.90% |
| 1 Year: | 16.30% |
Compounded Profit Growth
| 5 Years: | 55.59% |
| 1 Year: | 23.30% |
Stock Price Performance
| 1 Year: | +0.58% |
| 6 Months: | -10.92% |
| 3 Months: | -10.53% |
| 1 Month: | -6.58% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)41.23 · Neutral
P/E of 54.54 is above the sector median of 21.09 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Profit CAGR of 55.6% over 5 years.
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 54.5.
- Trading 30.5% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MSPL MSP Steel & Power Limited NSEINFRA | 31.09 | 54.54 | ₹1,105.55 Cr | 0.00% | 2.30% | 3.28% | 3.90% | 55.59% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 10,849.00 | 37.39 | ₹3.19 L Cr | 2.25% | 11.84% | 10.66% | 11.92% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,222.90 | 12.07 | ₹2.99 L Cr | 0.58% | 18.75% | 22.30% | 3.61% | 75.28% |
| 4 | ASIANPAINT Asian Paints Limited NIFTY50NSEINFRA | 2,319.40 | 46.14 | ₹2.22 L Cr | 1.19% | 24.41% | 20.24% | 1.10% | 1.75% |
| 5 | HINDZINC Hindustan Zinc Limited NSEINFRA | 525.00 | 13.00 | ₹2.22 L Cr | 2.07% | 61.97% | 61.13% | 5.61% | 9.58% |
| 6 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 172.45 | 19.49 | ₹2.15 L Cr | 2.33% | 11.32% | 10.56% | -1.59% | 7.21% |
| 7 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 892.85 | 12.11 | ₹1.98 L Cr | 0.56% | 9.42% | 9.80% | 7.10% | 9.87% |
| 8 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 2,889.10 | 34.46 | ₹1.96 L Cr | 0.35% | 3.98% | 4.80% | 14.30% | -10.06% |
| 9 | SOLARINDS Solar Industries India Limited NSEINFRA | 19,259.00 | 87.52 | ₹1.74 L Cr | 0.06% | 29.51% | 26.72% | 12.39% | 30.36% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 677.00 Cr | 671.00 Cr | 674.00 Cr | 781.00 Cr | 748.00 Cr | 772.00 Cr | 656.00 Cr | - | 760.07 Cr | 710.86 Cr | 676.86 Cr | 638.92 Cr | 816.32 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 610.34 Cr | 563.99 Cr | 545.85 Cr | 496.16 Cr | 620.68 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 149.73 Cr | 146.87 Cr | 131.01 Cr | 142.76 Cr | 195.63 Cr |
| Operating Expenses | 624.00 Cr | 642.00 Cr | 645.00 Cr | 742.00 Cr | 724.00 Cr | 729.00 Cr | 630.00 Cr | - | 118.42 Cr | 115.65 Cr | 121.97 Cr | 124.05 Cr | 132.13 Cr |
| Operating Income | 41.00 Cr | 16.00 Cr | 15.00 Cr | 25.00 Cr | 12.00 Cr | 29.00 Cr | 14.00 Cr | 5.71 Cr | 31.31 Cr | 31.22 Cr | 9.05 Cr | - | 63.50 Cr |
| EBITDA | 54.00 Cr | 30.00 Cr | 29.00 Cr | 39.00 Cr | 25.00 Cr | 43.00 Cr | 27.00 Cr | 19.67 Cr | 46.53 Cr | 45.44 Cr | -76.94 Cr | - | 78.72 Cr |
| Interest Expense | 26.00 Cr | 17.00 Cr | 20.00 Cr | 25.00 Cr | 25.00 Cr | 21.00 Cr | 22.00 Cr | - | 22.67 Cr | 10.23 Cr | 9.83 Cr | 10.82 Cr | 16.75 Cr |
| Pretax Income | 25.00 Cr | 3.00 Cr | 4.00 Cr | 10.00 Cr | 4.00 Cr | 10.00 Cr | -8.00 Cr | - | 10.48 Cr | 21.53 Cr | -100.49 Cr | 7.30 Cr | 48.01 Cr |
| Tax Provision | 5.00 Cr | 4.80 Cr | 5.76 Cr | 5.20 Cr | -9.08 Cr | 3.40 Cr | -1.04 Cr | - | 44.31 Cr | 3.69 Cr | -25.73 Cr | 1.80 Cr | -37.19 Cr |
| Net Income | 20.00 Cr | -2.00 Cr | -2.00 Cr | 5.00 Cr | 13.00 Cr | 7.00 Cr | -10.00 Cr | - | -33.83 Cr | 17.84 Cr | -74.76 Cr | 5.49 Cr | 85.20 Cr |
| Diluted EPS | 0.51 | -0.05 | -0.04 | 0.12 | 0.34 | 0.18 | -0.20 | - | -0.64 | 0.30 | -1.32 | 0.10 | 1.42 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,090.00 Cr | 902.00 Cr | 849.00 Cr | 1,160.00 Cr | 1,670.00 Cr | 1,533.00 Cr | 1,723.00 Cr | - | 2,534.48 Cr | 2,854.67 Cr | 2,905.25 Cr | 2,842.96 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 2,306.38 Cr | 2,527.24 Cr | 2,354.89 Cr | 2,226.69 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 228.10 Cr | 327.43 Cr | 550.35 Cr | 616.27 Cr |
| Operating Expenses | 1,085.00 Cr | 913.00 Cr | 775.00 Cr | 1,043.00 Cr | 1,539.00 Cr | 1,451.00 Cr | 1,581.00 Cr | - | 207.45 Cr | 226.72 Cr | 470.24 Cr | 493.81 Cr |
| Operating Income | -48.00 Cr | -74.00 Cr | 18.00 Cr | 60.00 Cr | 75.00 Cr | 28.00 Cr | 87.00 Cr | - | 20.65 Cr | 100.71 Cr | 80.11 Cr | 122.47 Cr |
| EBITDA | 5.00 Cr | -11.00 Cr | 74.00 Cr | 117.00 Cr | 130.00 Cr | 82.00 Cr | 142.00 Cr | - | 66.41 Cr | 151.92 Cr | 137.49 Cr | 79.14 Cr |
| Interest Expense | 109.00 Cr | 118.00 Cr | 123.00 Cr | 129.00 Cr | 79.00 Cr | 86.00 Cr | 79.00 Cr | - | 69.51 Cr | 75.82 Cr | 81.18 Cr | 47.62 Cr |
| Pretax Income | -152.00 Cr | -191.00 Cr | -104.00 Cr | -62.00 Cr | -2.00 Cr | -56.00 Cr | 8.00 Cr | - | -57.18 Cr | 20.69 Cr | 2.56 Cr | -23.65 Cr |
| Tax Provision | 48.64 Cr | 9.55 Cr | 10.40 Cr | 6.20 Cr | -19.12 Cr | -11.20 Cr | 3.36 Cr | - | -6.58 Cr | 6.35 Cr | 30.92 Cr | -57.42 Cr |
| Net Income | -104.00 Cr | -182.00 Cr | -94.00 Cr | -56.00 Cr | -21.00 Cr | -68.00 Cr | 5.00 Cr | - | -50.58 Cr | 14.36 Cr | -28.35 Cr | 33.77 Cr |
| Diluted EPS | -11.76 | -20.71 | -10.64 | -1.44 | -0.53 | -1.76 | 0.13 | 0.62 | -1.31 | 0.34 | -0.62 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 2,028.00 Cr | 1,770.00 Cr | 1,796.00 Cr | 1,786.00 Cr | 1,699.00 Cr | 1,737.00 Cr | 1,511.00 Cr | - | 1,647.93 Cr | 1,637.74 Cr | 1,534.93 Cr | 1,727.57 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 730.32 Cr | 741.22 Cr | 672.69 Cr | 804.44 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 10.99 Cr | 26.11 Cr | 4.04 Cr | 4.49 Cr |
| Inventory | - | - | - | - | - | - | - | - | 483.88 Cr | 490.47 Cr | 474.39 Cr | 585.63 Cr |
| Receivables | - | - | - | - | - | - | - | - | 76.26 Cr | 71.31 Cr | 75.02 Cr | 86.23 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 1,077.68 Cr | 1,055.11 Cr | 555.62 Cr | 697.07 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 574.26 Cr | 573.98 Cr | 534.41 Cr | 684.86 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 502.08 Cr | 477.35 Cr | 11.70 Cr | 76.22 L |
| Total Debt | 1,216.00 Cr | 1,142.00 Cr | 1,202.00 Cr | 913.00 Cr | 884.00 Cr | 861.00 Cr | 797.00 Cr | - | 801.32 Cr | 781.48 Cr | 262.44 Cr | 321.19 Cr |
| Total Equity | 594.00 Cr | 515.00 Cr | 423.00 Cr | 651.00 Cr | 634.00 Cr | 592.00 Cr | 560.00 Cr | - | 569.94 Cr | 582.34 Cr | 979.02 Cr | 1,030.21 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 38.54 Cr | 38.54 Cr | 56.68 Cr | 56.68 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 88.00 Cr | -22.00 Cr | 73.00 Cr | 147.00 Cr | 94.00 Cr | 77.00 Cr | 178.00 Cr | - | 85.80 Cr | 170.39 Cr | 189.28 Cr | 148.19 Cr |
| Investing Cash Flow | -127.00 Cr | 84.00 Cr | 1.00 Cr | -19.00 Cr | 14.00 Cr | -0 | -1.00 Cr | - | -19.19 Cr | -49.55 Cr | -33.83 Cr | -57.63 Cr |
| Financing Cash Flow | 56.00 Cr | -78.00 Cr | -61.00 Cr | -122.00 Cr | -108.00 Cr | -79.00 Cr | -177.00 Cr | - | -103.94 Cr | -105.72 Cr | -177.51 Cr | -90.11 Cr |
| Capital Expenditure | -123.00 Cr | 62.00 Cr | 0 | 1.00 Cr | -2.00 Cr | 1.00 Cr | -4.00 Cr | - | -53.73 Cr | -45.70 Cr | -32.45 Cr | -59.39 Cr |
| Free Cash Flow | -35.00 Cr | 40.00 Cr | 73.00 Cr | 148.00 Cr | 92.00 Cr | 78.00 Cr | 174.00 Cr | - | 32.06 Cr | 124.69 Cr | 156.83 Cr | 88.80 Cr |
| Net Change in Cash | 17.00 Cr | -17.00 Cr | 13.00 Cr | 6.00 Cr | 0 | -2.00 Cr | -0 | - | -37.32 Cr | 15.12 Cr | -22.06 Cr | 44.83 L |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 9.0% | 11.5% | 18.9% | 21.7% |
| Operating Margin % | -4.4% | -8.2% | 2.1% | 5.2% | 4.5% | 1.8% | 5.0% | - | 0.8% | 3.5% | 2.8% | 4.3% |
| Net Margin % | -9.5% | -20.2% | -11.1% | -4.8% | -1.3% | -4.4% | 0.3% | - | -2.0% | 0.5% | -1.0% | 1.2% |
| ROE % | -17.5% | -35.3% | -22.2% | -8.6% | -3.3% | -11.5% | 0.9% | - | -8.9% | 2.5% | -2.9% | 3.3% |
| ROCE % | - | - | - | - | - | - | - | - | 1.9% | 9.5% | 8.0% | 11.7% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for MSPL
MSP Steel & Power (NSE:MSPL) Is Posting Promising Earnings But The Good News Doesn’t Stop There - Simply Wall Street
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MSP (MSPL.NS) Earnings Reading: The Company Releases Its Current Earnings Data in the Current Update; Stock Move: Shares Move Lower 1.71% in the Latest Reading - One-Time Loss Impact - https://www.siam.in/
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MSP Steel & Power MSPL Reg 74(5) Certificate Q2 FY27 - Kalkine India
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MSP Steel & Power Limited (MSPL.BO) Stock Price, News, Quote & History - Yahoo! Finance Canada
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MSPL — Frequently Asked Questions
What is the current share price of MSP Steel & Power Limited (MSPL)?
As of 2026-10-23 04:58 IST, MSP Steel & Power Limited (MSPL) trades at ₹31.09 on NSE. Its 52-week range is ₹26.45 to ₹44.75.
What is the market capitalisation of MSPL?
MSP Steel & Power Limited (MSPL) has a market capitalisation of ₹1,105.55 Cr on NSE.
What is the P/E ratio of MSPL?
MSPL trades at a trailing price-to-earnings (P/E) ratio of 54.54. The industry average P/E is 21.09. Its price-to-book (P/B) ratio is 1.67.
What is the return on equity (ROE) of MSPL?
MSPL has a return on equity (ROE) of 3.28%. Its return on capital employed (ROCE) is 2.30%.
Is MSPL a good stock to buy?
This page provides a data-driven analysis of MSP Steel & Power Limited (MSPL), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.