MSP Steel & Pow.

Who are in the management team of MSP Steel & Pow.?

As of March 2022, the management team of MSP Steel & Pow. includes Suresh Kumar Agarwal (Chairman), Saket Agrawal (Managing Director), and several independent and non-independent directors, including Manish Agrawal, Navneet Jagatramka, Ashok Soin, Suneeta Mohanty, Kapil Deo Pandey, Prateek Bansal, and Puranmal Agrawal. Each member contributes to the company's governance structure.

As of March 2022, the management team of MSP Steel & Pow. includes the following individuals:<BR><BR>1. **Suresh Kumar Agarwal** - Chairman (Non-Executive) & Director (Non-Independent)<BR>2. **Saket Agrawal** - Executive Director & Managing Director<BR>3. **Manish Agrawal** - Non-Executive & Non-Independent Director<BR>4. **Navneet Jagatramka** - Independent Non-Executive Director<BR>5. **Ashok Soin** - Independent Non-Executive Director<BR>6. **Suneeta Mohanty** - Independent Non-Executive Director<BR>7. **Kapil Deo Pandey** - Independent Non-Executive Director<BR>8. **Prateek Bansal** - Independent Non-Executive Director<BR>9. **Puranmal Agrawal** - Non-Executive & Non-Independent Director<BR><BR>Each member plays a distinct role within the company's governance structure.

What does MSP Steel & Pow. do?

MSP Steel & Power Ltd is a Kolkata-based small-cap steel manufacturer involved in producing iron and steel and generating power. As of March 2025, it reported net sales of ₹760 Cr and a net loss of ₹34 Cr, with a market cap of ₹1,487 Cr.

Overview:<BR>MSP Steel & Power Ltd is a Kolkata-based steel manufacturer operating in the Iron & Steel Products industry within the small-cap market segment, engaged in the production of iron and steel as well as power generation.<BR><BR>History:<BR>The company is part of the MSP Group and is incorporated in Kolkata. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 760 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -34 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 1,487 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 33<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.25<BR>- Return on Equity: -2.90%<BR>- Price to Book: 1.52<BR><BR>Contact Details:<BR>Address: 16/s Block-A New Alipore, Kolkata, West Bengal: 700053<BR>Email: contactus@mspsteel.com<BR>Website: http://www.mspsteel.com

Has MSP Steel & Pow. declared dividend?

MSP Steel & Power Ltd has declared a 2% dividend, amounting to 0.2 per share, with an ex-date of September 14, 2012. However, the current dividend yield is 0%, and total returns have varied significantly over different periods, showing strong price appreciation in the long term.

MSP Steel & Power Ltd has declared a 2% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 2%<BR>- Amount per share: 0.2<BR>- Ex-date: 14 Sep 12<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -42.53%, the dividend return was 0%, resulting in a total return of -42.53%.<BR><BR>For the 1-year period, the price return was 9.61%, the dividend return was 0%, leading to a total return of 9.61%.<BR><BR>Over the 2-year period, the price return was 208.0%, with a dividend return of 0%, culminating in a total return of 208.0%.<BR><BR>In the 3-year period, the price return was 136.9%, the dividend return was 0%, resulting in a total return of 136.9%.<BR><BR>For the 4-year period, the price return was 146.11%, with a dividend return of 0%, leading to a total return of 146.11%.<BR><BR>In the 5-year period, the price return was 515.28%, the dividend return was 0%, resulting in a total return of 515.28%.<BR><BR>Overall, while MSP Steel & Power Ltd declared a dividend in the past, the current dividend yield stands at 0%. The total returns over various periods show significant price appreciation, particularly over longer durations, despite the absence of recent dividends.

Who are the peers of the MSP Steel & Pow.?

MSP Steel & Pow.'s peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, and others. APL Apollo Tubes leads in management quality and growth, while Welspun Corp has the highest 1-year return at 68.43%, compared to MSP Steel's 10.94%.

Peers: The peers of MSP Steel & Pow. are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Rhetan TMT Ltd, Bharat Wire, Electrotherm(I), Hariom Pipe, and BMW Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, and Hariom Pipe, and the rest have Below Average or Average management risk. Excellent growth is seen at APL Apollo Tubes and Hariom Pipe, while Average growth is found at Shyam Metalics and Rhetan TMT Ltd, Good growth is noted at Bharat Wire, and the rest have Below Average growth. Excellent capital structure is observed at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Good capital structure is noted at Welspun Corp, and the rest have Below Average or do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.43%, while Jindal Saw has the lowest at -22.93%. MSP Steel & Pow.'s 1-year return is 10.94%, which is higher than Jindal Saw's but lower than Welspun Corp's. Additionally, Ratnamani Metals, Jindal Saw, Bharat Wire, Hariom Pipe, and BMW Industries have negative six-month returns.

Who are the top shareholders of the MSP Steel & Pow.?

The top shareholders of MSP Steel & Power include Jagran Vyapaar Pvt. Ltd. with 6.9%, Tarini Mata Properties Pvt. Ltd. with 9.47%, and individual investors holding 13.75%. Notably, 81.33% of promoter holdings are pledged, and foreign institutional investors hold a small stake of 0.4%.

The top shareholders of MSP Steel & Power include a mix of institutional and individual investors. The majority of the shareholding is held by non-institutional entities, with a significant portion of promoter holdings being pledged at 81.33%. <BR><BR>The promoter with the highest holding is Jagran Vyapaar Pvt. Ltd., which holds 6.9% of the shares. The highest public shareholder is Tarini Mata Properties Pvt. Ltd., owning 9.47%. Additionally, individual investors collectively hold 13.75% of the shares, while foreign institutional investors (FIIs) hold a small stake of 0.4% through 8 different FIIs. <BR><BR>This distribution indicates a diverse ownership structure, with a notable concentration of shares among a few key players.

How big is MSP Steel & Pow.?

As of 24th July, MSP Steel & Power Ltd has a market capitalization of 1,917.00 Cr, with Net Sales of 2,905.24 Cr and a Net Profit loss of 28.36 Cr over the latest four quarters. Shareholder's Funds are 582.34 Cr and Total Assets are valued at 1,611.28 Cr as of March 2024.

As of 24th July, MSP Steel & Power Ltd has a market capitalization of 1,917.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 2,905.24 Cr. However, it experienced a loss of 28.36 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024, where Shareholder's Funds amounted to 582.34 Cr and Total Assets were valued at 1,611.28 Cr.

Are MSP Steel & Pow. latest results good or bad?

MSP Steel & Power's latest results are positive, with a Profit Before Tax of Rs 20.99 crore, up 8251.5% from the previous average, and a Profit After Tax of Rs 17.84 crore, reflecting a growth of 351.6%. Despite a slight decline in net sales, improved profitability and a reduced Debt-Equity Ratio indicate strong financial performance.

MSP Steel & Power's latest results are quite positive. For the quarter ending June 2025, the company reported a Profit Before Tax (PBT) of Rs 20.99 crore, which is a remarkable increase of 8251.5% compared to the average PBT from the previous four quarters. Additionally, the Profit After Tax (PAT) rose to Rs 17.84 crore, reflecting a growth of 351.6% over the prior average.<BR><BR>The operating profit also showed significant improvement, reaching Rs 44.89 crore, which is the highest in the last five quarters, and the operating profit margin improved to 6.31%. This indicates enhanced operational efficiency. Furthermore, the company has successfully reduced its debt, achieving a Debt-Equity Ratio of 0.27 times, the lowest in the last ten half-yearly periods, which strengthens its balance sheet.<BR><BR>While there was a slight decline in net sales by 6.47% compared to the previous quarter, the overall financial performance, particularly in terms of profitability and debt management, suggests that the results are good for MSP Steel & Power.

Is MSP Steel & Pow. technically bullish or bearish?

As of November 12, 2025, the trend is mildly bullish, supported by daily moving averages and monthly RSI, though caution is advised due to mildly bearish weekly MACD and KST, while long-term performance remains strong despite recent underperformance against the Sensex.

As of 12 November 2025, the technical trend has changed from sideways to mildly bullish. The current stance is mildly bullish, driven by daily moving averages indicating mild bullishness and monthly RSI showing bullish momentum. However, the weekly MACD and KST are both mildly bearish, which suggests some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, supporting the overall positive outlook. Despite recent underperformance compared to the Sensex over the past month and year, the long-term performance over 3, 5, and 10 years remains strong.

How has been the historical performance of MSP Steel & Pow.?

MSP Steel & Pow. has shown steady revenue growth from INR 1,532.73 crore in March 2020 to INR 2,905.25 crore in March 2025, but has struggled with profitability, reporting a loss of INR 28.41 crore in March 2025. While total liabilities and assets decreased, cash flow from operations improved, indicating ongoing financial challenges.

Answer:<BR>The historical performance of MSP Steel & Pow. shows a fluctuating trend in key financial metrics over the years.<BR><BR>Breakdown:<BR>MSP Steel & Pow. has experienced growth in net sales from INR 1,532.73 crore in March 2020 to INR 2,905.25 crore in March 2025, indicating a steady increase in revenue. However, the company has faced challenges with profitability, as evidenced by its profit after tax, which has been negative in several years, including a loss of INR 28.41 crore in March 2025, following a profit of INR 14.34 crore in March 2024. The operating profit margin has also varied, peaking at 8.26% in March 2021 but dropping to 4.61% in March 2025. Total liabilities decreased from INR 1,703.33 crore in March 2020 to INR 1,534.93 crore in March 2025, while total assets followed a similar trend, declining from INR 1,703.33 crore to INR 1,534.93 crore over the same period. Cash flow from operating activities improved to INR 189 crore in March 2025 from INR 77 crore in March 2020, although the net cash flow showed an outflow of INR 22 crore in March 2025. Overall, while MSP Steel & Pow. has seen growth in sales, it continues to grapple with profitability and cash flow challenges.

Is MSP Steel & Pow. overvalued or undervalued?

As of December 2, 2025, MSP Steel & Power is considered overvalued with a PE ratio of 115.46 and an EV to EBITDA of 17.98, significantly higher than industry peers like JSW Steel and Tata Steel, and has underperformed with a year-to-date return of -17.21% compared to the Sensex's gain of 8.96%.

As of 2 December 2025, MSP Steel & Power has moved from a fair to an expensive valuation grade. The company is currently overvalued based on its financial metrics. Key ratios include a PE ratio of 115.46, an EV to EBITDA of 17.98, and a PEG ratio of 32.87, all of which are significantly higher than industry peers. For comparison, JSW Steel has a PE ratio of 46.39 and an EV to EBITDA of 13.75, while Tata Steel shows a PE of 28.13 and an EV to EBITDA of 10.3, indicating that MSP Steel & Power is trading at a premium relative to these competitors.<BR><BR>Additionally, MSP Steel & Power's recent stock performance has been mixed, with a year-to-date return of -17.21%, contrasting sharply with the Sensex's gain of 8.96% over the same period. This underperformance, combined with its high valuation ratios, reinforces the conclusion that the company is overvalued in the current market environment.

When is the next results date for MSP Steel & Power Ltd?

The next results date for MSP Steel & Power Ltd is 14 February 2026.

The next results date for MSP Steel & Power Ltd is scheduled for 14 February 2026.

Should I buy, sell or hold MSP Steel & Power Ltd?

Why is MSP Steel & Power Ltd falling/rising?

As of 11-Mar, MSP Steel & Power Ltd's stock price is rising to 31.88, with a recent gain of 1.14%. Despite a year-to-date decline of 15.10% and long-term challenges, the stock appears undervalued compared to peers, supported by positive quarterly results and recent performance.

As of 11-Mar, MSP Steel & Power Ltd's stock price is rising, currently at 31.88, with a change of 0.36 (1.14%). The stock has shown a positive performance today, outperforming the sector by 1.49%, and has been gaining for the last two days, resulting in a total return of 4.15% during this period. Additionally, the stock has performed well over the past week, with a return of +1.34%, while the benchmark Sensex has declined by -2.85%.<BR><BR>The company reported positive results for the quarter ending December 25, with a profit before tax (PBT) of Rs 7.91 crore, reflecting a growth of 69.1% compared to the previous four-quarter average. The profit after tax (PAT) also increased by 32.0% in the same context. Despite these positive short-term indicators, the stock's year-to-date performance shows a decline of -15.10%, which indicates underlying challenges.<BR><BR>However, the stock is currently trading at a discount compared to its peers' average historical valuations, suggesting that it may be undervalued in the market. This valuation aspect, combined with recent gains and positive quarterly results, contributes to the stock's upward movement. Nonetheless, it is important to note that the company faces long-term fundamental weaknesses, including a high debt-to-EBITDA ratio and a significant percentage of promoter shares being pledged, which could exert downward pressure on the stock in the future.

Why is MSP Steel & Power Ltd falling/rising?

As of 12-Mar, MSP Steel & Power Ltd's stock is at 31.28, down 1.97%, and has underperformed its sector. Despite a slight increase in investor participation, the overall sentiment remains negative due to weak fundamentals and a bearish trend indicated by trading below key moving averages.

As of 12-Mar, MSP Steel & Power Ltd's stock price is falling, currently at 31.28, reflecting a change of -0.63 or -1.97%. The stock has underperformed its sector by 2.36% today and has experienced a trend reversal, having fallen after two consecutive days of gains. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Investor participation has seen a slight increase, with a delivery volume of 13.22 lacs on 11 March, which is up by 5.39% compared to the 5-day average. However, despite this increase in trading activity, the overall sentiment remains negative due to weak long-term fundamentals. The company has a low average Return on Capital Employed (ROCE) of 5.71% and a high Debt to EBITDA ratio of 6.07 times, which suggests a low ability to service debt. Furthermore, 75.95% of promoter shares are pledged, which can exert additional downward pressure on the stock price in a declining market.<BR><BR>While there were positive results reported for the quarter ending December 25, with significant growth in profit before tax and profit after tax compared to previous quarters, the overall performance over the past year shows a decline in profits by 12.5%. This mixed performance, combined with the stock's current valuation being at a discount compared to peers, contributes to the prevailing bearish sentiment, leading to the stock's decline.

Which are the latest news on MSP Steel & Pow.?