Mstc (MSTCLTD) had a P/E of 17.7× on 6 Nov 2026, above the industry P/E of 14.8×, and the shares are 27% below their 52-week high. Sales grew 4.4% a year over 3 years while net profit fell 3.4%, with ROCE of 31% and ROE of 27%. Debt is 0.16× equity, and its dividend yield is 2.7%. It is a small-cap company with a market cap of ₹4,152 Cr, ranked 15th of 52 Conglomerates companies by market cap; the shares rose 7.9% over the past year.
- ₹590.00
- ₹593.40
- ₹573.90
- ₹592.30
- 1.1 L
Health check
- ReturnsAhead
+7.9% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 17.7 vs industry 14.8.
- GrowthSteady
Sales +4.4%, profit −3.4% a year over 3 years.
- ProfitabilityStrong
ROCE 31.3% vs peer median 12.8%.
- Balance sheetSolid
Debt 0.16× equity.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹4,152 Cr
- Small cap
- P/E
- 17.7
- Industry 14.8
- Price to book
- 4.59
- Peers 5.18
- Dividend yield
- 2.66%
- ROE
- 26.6%
- Peers 11.6%
- ROCE
- 31.3%
- Peers 12.8%
- Debt to equity
- 0.16
- Debt ₹145 Cr
- EPS (TTM)
- ₹33.29
- Face value ₹10
- OPM (TTM)
- 60.9%
- Net margin 60.6%
- Sales growth
- +21.7%
- Latest quarter vs a year ago
- Profit growth
- +37.5%
- Latest quarter vs a year ago
- Price to sales
- 10.74
- EV/EBITDA 12.6
Strengths and risks
Strengths
- Return on equity of 26.6%.
- Return on capital employed of 31.3%.
- Dividend yield of 2.66%.
- Quarterly profit up 37.5% on a year ago.
- Quarterly sales up 21.7% on a year ago.
About Mstc
MSTC Limited engages in providing e-commerce and scrap recovery services 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, as well as trading business. The company also engages in disposal of ferrous and non-ferrous scrap, surplus stores, minerals, agri and forest produces, etc. The company was incorporated in 1964 and is headquartered in Kolkata,…
- Headquarters
- Kolkata
- Employees
- 289
- Sector
- Industrials
- ISIN
- INE255X01014
- Website
- mstcindia.co.in
Price range
- Avg volume (3M)
- 3.2 L
- 1-year return
- plus 7.9%
- From 52-week high
- minus 26.7%
Peers · Conglomerates
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SRFSRF | 2,460.40 | minus 0.99% | 72,928 | 31.9 | 21.2 | 14.5% | 24.2% | 0.35 | 1.8% | minus 15.5% |
| TIINDIATube Investments of India | 2,170.00 | minus 5.65% | 42,005 | 62.9 | 16.6 | 12.8% | 9.9% | 0.05 | 15.5% | minus 23.1% |
| GODREJINDGodrej Industries | 955.85 | minus 2.40% | 32,198 | 27.4 | 32.4 | 12.3% | 10.4% | 2.22 | 9.8% | minus 11.6% |
| 3MINDIA3M India | 27,570.00 | minus 5.98% | 31,058 | 57.0 | 29.9 | 47.5% | 18.4% | 0.10 | 8.7% | minus 18.3% |
| THERMAXThermax | 2,746.30 | minus 17.27% | 30,937 | 52.6 | 26.6 | 15.3% | 12.4% | 0.42 | 9.8% | plus 1.5% |
| BEMLBEML | 1,953.20 | minus 1.89% | 16,268 | 28.0 | 55.7 | 5.9% | 7.3% | 0.11 | 3.0% | minus 7.4% |
| NAVANava | 529.15 | minus 0.99% | 14,991 | 19.8 | 7.9 | 11.1% | 38.4% | 0.21 | 6.8% | minus 12.1% |
| MSTCLTDMstc | 589.80 | minus 0.42% | 4,152 | 17.7 | – | – | 58.1% | 0.16 | – | plus 7.9% |
| Median of 7 peers | – | −2.40% | 31,058 | 31.9 | 26.6 | 12.8% | 12.4% | 0.21 | 8.7% | −12.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 77.4 | 85 | 88.4 | 119 | 94.2 | |
| 31.8 | 33.5 | 37.5 | 43.7 | 36.5 | |
| 45.6 | 51.5 | 51 | 75.1 | 57.7 | |
| 59.0% | 60.6% | 57.6% | 63.2% | 61.3% | |
| 14.3 | 15.6 | 17.2 | 31.6 | 23.9 | |
| 2.2 | 2.7 | 2.7 | 2.7 | 3 | |
| – | – | – | 0.9 | – | |
| 57.6 | 64.5 | 65.5 | 105 | 78.6 | |
| 26.6% | 26.4% | 21.5% | 26.3% | 26.0% | |
| 42.3 | 47.5 | 51.4 | 77.2 | 58.2 | |
| 6.01 | 6.75 | 7.30 | 10.97 | 8.27 |
Profit & loss
- Sales CAGR 3Y
- +4.4%
- Profit CAGR 3Y
- −3.4%
- EPS CAGR 3Y
- −3.3%
- ROE
- 26.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 291 | 282 | 283 | 331 | |
| – | minus 3.0% | +0.3% | +17.0% | |
| −84.4 | −15.1 | 115 | 131 | |
| 375 | 297 | 168 | 200 | |
| 129.0% | 105.3% | 59.5% | 60.5% | |
| 52.1 | 90.7 | 85.7 | 103 | |
| 0.1 | 0.4 | 0.2 | – | |
| 21.9 | 7.4 | 9.2 | 10.4 | |
| −76.4 | −103 | 263 | – | |
| 329 | 278 | 508 | 292 | |
| 26.5% | 40.5% | 19.9% | 25.3% | |
| 242 | 165 | 407 | 218 | |
| – | minus 31.8% | +146.6% | minus 46.3% | |
| 34.37 | 23.44 | 57.82 | 31.03 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 70.4 | 70.4 | 70.4 | 70.4 | |
| 716 | 577 | 668 | 834 | |
| 145 | 145 | 145 | 145 | |
| 1,757 | 1,030 | 1,235 | 962 | |
| 2,689 | 1,822 | 2,118 | 2,011 | |
| 140 | 173 | 189 | 201 | |
| 0.1 | 111 | 130 | – | |
| 20.1 | 0.2 | 0 | 0 | |
| 921 | 242 | 1,295 | 1,296 | |
| 1,608 | 1,296 | 504 | 514 | |
| 2,689 | 1,822 | 2,118 | 2,011 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 844 | −283 | 260 | −27.8 | |
| −551 | −272 | 165 | 257 | |
| −119 | −96.4 | −289 | −53.5 | |
| 175 | −651 | 136 | 176 | |
| −33.9 | −108 | −24.6 | −22.3 | |
| 810 | −390 | 236 | −50 | |
| −114 | −96.4 | −289 | −53.5 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 3.1% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.