MSP Steel & Power Limited share price

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…Read more

Website NSE हिंदी में BSE

Basic MaterialsSteelNSE: MSPLISIN INE752G01015

16 Oct 2026, 3:29 PM IST₹31.55▲ 0.20 (0.64%)

Market Cap₹ 1,122 Cr.
Current Price₹ 31.55
High / Low₹ 46 / 26
Stock P/E55.4
Book Value₹ 18
Dividend Yield0.00 %
ROCE1.0 %
ROE3.40 %
Face Value₹ 10.0

More figures (10)

EPS (TTM)₹ 0.57
Price / Book1.74
OPM4.4 %
Debt / Equity0.31
Sales growth (5Y)10.5 %
Profit growth (5Y)47.2 %
Promoter holding76.5 %
EV / EBITDA11.4
Beta0.91
All-time high₹ 89

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
MSPL	-5.76%	-15.17%	-12.04%	-15.57%	-8.34%	+18.30%	+25.99%
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

MSP Steel & Power Limited is in the Steel industry (Basic Materials), with a market value of ₹1,122 crore.
It trades at 55.4 times its last 12 months' earnings and 1.7 times book value.
Revenue grew 10.5% a year over the last 5 years, profit 47.2% a year.
Return on equity was 3.4% and return on capital employed 1.0% in the latest year.
Debt was 0.31 times shareholders' equity.
The share price is 31.6% below its 52-week high and down 8.3% over one year.
Promoters and insiders hold about 76.5%; institutions about 2.2%.

Pros

Profit has grown 47.2% a year over the last 5 years.
Latest quarter (Jun 2026): sales up 16% and profit up 23% from a year ago.
Trades at 55.4 times earnings, below its 3-year median of 71.0.
Promoters have raised their holding by 3.50 points over 3 years, to 45.12%.
Borrowings are moderate at 0.31 times shareholders' equity.

Cons

Return on equity has been low: 0.8% on average over the last 3 years.
The company has not paid a dividend recently.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About MSP Steel & Power Limited

Employees: 1,250
Head office: Kolkata

Basic MaterialsSteel

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	MSP Steel & Power	31.55	55.4	1,122	0.00	22	23.20	827	16.27	1.0	3.4	1.74	4.4	0.31	76.52	2,843	10.5
2.	JSW Steel	1,216.30	12.1	2,96,896	0.59	4,696	112.58	47,364	9.77	18.7	24.9	2.97	12.8	1.19	63.60	1,85,470	3.6
3.	Tata Steel	175.50	19.8	2,18,924	2.27	2,318	11.58	60,412	14.54	11.3	11.2	2.14	9.7	0.90	35.40	2,30,293	-1.6
4.	Jindal Steel	1,045.20	39.1	1,06,348	0.19	845	—	15,553	16.99	7.5	6.9	2.09	13.8	0.44	63.86	43,561	-13.1
5.	Lloyds Metals and Energy	1,851.70	21.3	1,04,208	0.06	1,734	170.25	7,354	208.55	19.4	36.2	7.51	33.8	1.49	77.69	17,113	71.4
6.	Steel Authority of India	170.95	16.5	70,611	1.38	1,644	120.80	26,246	1.25	7.2	5.7	1.17	6.1	0.53	65.10	1,10,811	2.0
7.	Welspun Corp	2,571.50	29.4	67,811	0.20	1,046	49.86	4,081	3.98	19.5	19.4	7.41	12.3	0.26	49.85	16,209	19.5
8.	NMDC	71.69	8.4	63,029	2.82	1,976	0.44	6,795	0.84	28.4	23.4	1.85	27.4	0.19	60.80	32,071	22.0
9.	Jindal Stainless	736.55	18.7	60,688	0.55	769	7.73	11,279	10.50	17.8	17.5	3.07	10.4	0.38	64.66	42,839	6.4
10.	APL Apollo Tubes	2,152.70	48.1	59,772	0.40	263	10.94	5,607	8.45	28.0	25.3	11.29	7.1	0.09	36.91	23,079	12.6
	Median: 53 Co.	890.88	26.9	4,826	0.06	1,345	23.20	9,316	10.14	18.3	10.8	2.54	7.1	0.41	63.73	37,455	4.1

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	671	674	781	748	772	656	717	760	711	677	639	816	827
YOY Sales Growth %	7.46%	14.79%	18.00%	10.48%	15.03%	-2.56%	-8.18%	1.56%	-7.92%	3.13%	-10.87%	7.40%	16.27%
	638	645	738	724	729	630	698	715	666	654	606	739	774
Material Cost %	78%	78%	80%	83%	81%	81%	81%	80%	79%	81%	78%	76%	80%
Employee Cost %	2%	3%	2%	2%	2%	3%	3%	3%	3%	3%	3%	3%	3%
Other Expenses %	15%	15%	12%	12%	11%	12%	13%	11%	11%	13%	14%	12%	11%
Operating Profit	33	29	42	25	43	27	19	45	45	23	33	77	53
OPM %	5%	4%	5%	3%	6%	4%	3%	6%	6%	3%	5%	9%	6%
	4	10	7	18	1	0	0	2	1	1	0	1	3
Exceptional items	-3				0	0	0	0		-101	-1
Interest	17	20	25	25	21	22	16	23	10	10	11	17	11
Depreciation	14	14	14	13	14	13	13	13	14	14	14	14	14
Profit before tax	3	4	10	4	10	-8	-10	10	22	-100	7	48	30
	161%	144%	52%	-227%	34%			423%	17%		25%	-77%	26%
Deferred tax	5	5	5	-9	3	1	-18	44	4	-26	2	-37	8
	-2	-2	5	13	7	-10	8	-34	18	-75	5	85	22
Profit from associates									0		0	0	0
Minority share	-0		-0	-0	-0	-0	-0		-0	-0	-0	0	-0
Profit to shareholders	-2	-2	5	13	7	-10	8		18	-75	5	85	22
YOY Profit Growth %			91.37%	-34.20%			72.07%	-359.72%	163.16%		-33.15%		23.20%
EPS in Rs	-0.05	-0.04	0.12	0.34	0.18	-0.25	0.21	-0.64	0.31	-1.32	0.10	1.50	0.39
Raw filing

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	671	674	781	748	772	656	717	760	711	677	639	816	827
YOY Sales Growth %	7.46%	14.79%	18.00%	10.48%	15.03%	-2.59%	-8.18%	1.56%	-7.92%	3.15%	-10.87%	7.40%	16.27%
	638	645	742	724	729	630	698	716	666	654	606	739	774
Material Cost %	78%	78%	80%	83%	81%	81%	81%	80%	79%	81%	78%	76%	80%
Employee Cost %	2%	3%	2%	2%	2%	3%	3%	3%	3%	3%	3%	3%	3%
Other Expenses %	15%	15%	13%	12%	11%	12%	13%	11%	11%	13%	14%	12%	11%
Operating Profit	33	29	39	25	43	27	19	44	45	23	33	77	53
OPM %	5%	4%	5%	3%	6%	4%	3%	6%	6%	3%	5%	9%	6%
	4	10	7	18	1	0	0	2	1	1	0	1	3
Exceptional items										-101	-1
Interest	17	20	25	25	21	22	16	23	10	10	11	17	11
Depreciation	14	14	14	13	14	13	13	13	14	14	14	14	14
Profit before tax	6	4	7	4	10	-8	-10	10	22	-101	7	48	30
	77%	144%	78%	-222%	34%			438%	17%		25%	-77%	26%
Deferred tax	5	5	5	-9	3	1	-18	44	4	-26	2	-37	8
	1	-2	1	13	7	-10	8	-34	18	-75	5	85	22
YOY Profit Growth %			-38.17%	-32.16%	380.20%		454.84%	-360.56%	163.54%		-33.69%		23.11%
EPS in Rs	0.04	-0.04	0.03	0.34	0.18	-0.25	0.21	-0.65	0.31	-1.32	0.10	1.51	0.39
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ Cr	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	1,188	1,533	1,723	2,340	2,550	2,874	2,905	2,843	2,959
YOY Sales Growth %		29.02%	12.42%	35.77%	9.01%	12.68%	1.09%	-2.14%
	1,071	1,451	1,581	2,184	2,488	2,748	2,771	2,665	2,773
Material Cost %	72%	77%	77%	80%	82%	80%	81%	78%	79%
Employee Cost %	3%	3%	3%	2%	2%	2%	3%	3%	3%
Other Expenses %	15%	14%	13%	11%	13%	13%	12%	12%	12%
Operating Profit	117	82	142	155	62	125	134	178	185
OPM %	10%	5%	8%	7%	2%	4%	5%	6%	6%
	3	3	1	3	12	38	4	3	5
Exceptional items	5	-2			0		0	-102	-102
Interest	129	86	79	74	77	88	81	48	48
Depreciation	57	54	55	54	54	55	54	55	56
Profit before tax	-62	-56	8	30	-57	21	3	-24	-15
			42%	14%		31%	1,207%
Deferred tax	-6	11	4	4	-7	6	31	-57
	-56	-68	5	26	-51	14	-28	34	38
Profit from associates		-0						0	0
Minority share		-0	-0	-0	-0	-0		-0	-0
Profit to shareholders		-68	5	26	-51	14		34	38
YOY Profit Growth %				426.38%	-297.00%		-297.68%
EPS in Rs	-5.79	-1.76	0.13	0.67	-1.31	0.37	-0.62	0.60	0.67

Compounded Sales Growth

5 Years:: 11%
3 Years:: 4%
TTM:: 4%

Compounded Profit Growth

5 Years:: 47%

Stock Price CAGR

5 Years:: 26%
3 Years:: 18%
1 Year:: -8%

Return on Equity

4 Years:: -2%
Last Year:: 3%

₹ Cr	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	1,188	1,533	1,723	2,340	2,550	2,874	2,905	2,843	2,959
YOY Sales Growth %		29.02%	12.42%	35.77%	9.01%	12.68%	1.09%	-2.14%
	1,071	1,450	1,581	2,184	2,491	2,748	2,772	2,665	2,773
Material Cost %	72%	77%	77%	80%	82%	80%	81%	78%	79%
Employee Cost %	3%	3%	3%	2%	2%	2%	3%	3%	3%
Other Expenses %	15%	14%	13%	11%	13%	13%	12%	12%	12%
Operating Profit	117	82	142	155	59	125	133	178	185
OPM %	10%	5%	8%	7%	2%	4%	5%	6%	6%
	3	2	1	3	12	38	4	3	5
Exceptional items	5	-2		8	0			-102	-102
Interest	129	85	79	74	77	88	81	47	48
Depreciation	57	54	55	54	54	55	54	55	56
Profit before tax	-62	-56	9	38	-60	21	2	-24	-15
			41%	11%		31%	1,399%
Deferred tax	-6	11	4	4	-7	6	31	-57
	-56	-67	5	34	-54	14	-29	34	38
YOY Profit Growth %				571.61%	-258.15%		-299.53%
EPS in Rs	-5.79	-1.75	0.13	0.88	-1.39	0.37	-0.62	0.60	0.68

Compounded Sales Growth

5 Years:: 11%
3 Years:: 4%
TTM:: 4%

Compounded Profit Growth

5 Years:: 46%

Stock Price CAGR

5 Years:: 26%
3 Years:: 18%
1 Year:: -8%

Return on Equity

4 Years:: -2%
Last Year:: 3%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	385	385	567	567
Reserves	185	197	412	463
	801	781	262	321
Long term borrowings	502	477	12	1
Short term borrowings	299	304	250	310
	277	274	293	376
Trade payables	206	217	232	324
Minority interest	0	0	0	0
Current liabilities	574	574	534	685
Total Liabilities	1,648	1,638	1,535	1,728
	827	816	796	809
Gross block	1,274	1,319	1,352	1,413
Accumulated depreciation	447	502	556	604
Goodwill & intangibles	0	1	1	3
CWIP	1		6	18
	821	821	733	900
Inventories	484	490	474	586
Trade receivables	76	71	75	86
Cash & equivalents	11	26	4	4
Current assets	730	741	673	804
Total Assets	1,648	1,638	1,535	1,728

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	86	170	189	148
Profit for the year	-51	14	-28	34
Working capital changes	12	44	57	-41
Direct taxes paid	-3	-3	-3	10
	-19	-50	-34	-58
Fixed assets purchased	-54	-46	-32	-59
Fixed assets sold		0		0
Investments sold		0
	-104	-106	-178	-90
Repayment of borrowings	-50	-69	-68	-18
Interest paid	-37	-45	-85	-57
Net Cash Flow	-37	15	-22	0
Free Cash Flow	32	125	157	89

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2018	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	—	—	—	—	-8.9%	2.5%	-3.6%	3.4%
Operating margin	9.9%	5.4%	8.3%	6.6%	2.4%	4.4%	4.6%	6.2%
Net margin	-4.7%	-4.4%	0.3%	1.1%	-2.0%	0.5%	-1.0%	1.2%
Interest coverage	0.52	0.34	1.11	1.40	0.26	1.24	1.03	0.50
Tax rate	—	—	42.4%	14.1%	—	30.7%	1,206.8%	—

Balance-sheet ratios

Ratio	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROCE	1.1%	9.1%	4.9%	1.0%
Debt / equity	1.41	1.34	0.27	0.31
Current ratio	1.27	1.29	1.26	1.17
Debtor days	11	9	10	11
Inventory days	77	71	68	88
Days payable	33	31	33	48
Cash conversion cycle	55	49	45	51
Working capital days	22	21	18	15

ROE = profit for shareholders ÷ average net worth (paid-up capital + reserves, from each year's March results filed with NSE). Interest coverage = (profit before tax + interest) ÷ interest. ROCE = EBIT ÷ (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; working capital days = (current assets − current liabilities) ÷ sales × 365. Balance-sheet ratios are shown for the years whose full balance sheet is available (Yahoo Finance and NSE filings from FY2025).

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 45.12%
FIIs 0.72%
DIIs 15.43%
Public 38.73%

%	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	41.62%	41.62%	42.34%	33.48%	36.86%	35.24%	35.24%	35.24%	37.74%	40.22%	45.12%	45.12%
		0.16%	0.33%	0.87%	0.52%	0.40%	0.18%	0.18%	0.37%	0.12%	1.18%	0.72%
Foreign portfolio investors (Cat. I)		0.16%	0.33%	0.86%	0.51%	0.40%	0.18%	0.11%	0.37%	0.12%	1.16%	0.69%
Foreign portfolio investors (Cat. II)				0.01%	0.01%			0.08%			0.02%	0.03%
	3.14%	3.14%	3.17%	10.65%	12.90%	16.70%	16.70%	16.70%	16.70%	16.80%	15.78%	15.43%
Banks	3.14%	3.14%	3.14%	10.65%	12.88%	16.70%	16.70%	16.70%	16.70%	16.70%	15.67%	15.43%
Alternative investment funds			0.03%							0.11%	0.11%
	55.24%	55.08%	54.16%	55.01%	49.72%	47.66%	47.88%	47.88%	45.19%	42.86%	37.93%	38.73%
Retail (up to ₹2 lakh)	7.00%	7.00%	7.33%	6.45%	6.01%	5.72%	5.80%	6.13%	6.05%	6.23%	5.84%	6.20%
HNIs (above ₹2 lakh)	12.82%	12.88%	12.36%	9.31%	8.02%	8.03%	8.30%	7.93%	7.65%	7.81%	8.22%	8.50%
NRIs	0.27%	0.31%	0.27%	0.29%	0.25%	0.23%	0.26%	0.23%	0.27%	0.29%	0.32%	0.30%
Bodies corporate	32.98%	32.67%	31.97%	37.48%	33.84%	32.14%	31.95%	32.07%	29.73%	27.02%	22.15%	22.24%
IEPF	0.02%	0.02%	0.02%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
No. of Shareholders	48,600	49,660	51,687	58,974	59,460	59,211	58,804	59,609	57,646	56,983	55,388	56,944

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

UpdatesMsp Steel & Power Limited has submitted to the Exchange a copy of corporate presentation of the Company to shared with investors, analyst etc. as per SEBI (Prohibition of Insider …25-Feb-2011

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 14 Sep 2012
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

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Latest news

In the news

MSP Steel & Power MSPL Reg 74(5) Certificate Q2 FY27Kalkine India · 21 h ago

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about MSP Steel & Power Limited

What is the share price of MSP Steel & Power Limited today?

MSP Steel & Power Limited (MSPL) last traded at ₹31.55 on NSE (16 Oct 2026, 3:29 PM IST). Prices may be delayed.

What is the market cap of MSP Steel & Power Limited?

About ₹1,122 crore at the latest price.

What is the P/E ratio of MSP Steel & Power Limited?

About 55.4 times its earnings over the last 12 months.

Is MSP Steel & Power Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

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Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

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