MSP Steel & Pow.

Why is MSP Steel & Power Ltd falling/rising?

As of 30-Aug, MSP Steel & Power Ltd's stock price is rising to Rs 36.32, driven by strong quarterly profits and a 905.6% profit increase over the past year. The stock has outperformed its sector and shows positive investor interest, despite some long-term growth concerns.

As of 30-Aug, MSP Steel & Power Ltd's stock price is rising, currently at Rs 36.32, reflecting a change of 1.8 (5.21%) upward. This increase can be attributed to several positive factors. The company has reported positive results for the last three consecutive quarters, with a significant rise in profits, as evidenced by a 905.6% increase in profits over the past year. Additionally, the stock has outperformed the sector by 5.1% today and has generated a return of 16.19% over the last year, which is substantially higher than the market's return of 3.91%.<BR><BR>The stock's performance today also included an intraday high of Rs 36.68, indicating strong investor interest. Furthermore, the company’s return on capital employed (ROCE) is at 9.29%, which is considered favorable, and the stock is trading at a discount compared to its peers' average historical valuations. Despite some concerns regarding long-term growth and high promoter pledged shares, the immediate market response appears positive, contributing to the stock's rise.

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

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

The management team of MSP Steel & Pow. includes Chairman Suresh Kumar Agarwal, Managing Director Saket Agrawal, and several non-executive and independent directors, totaling nine members who oversee the company's governance and operations.

The management team of MSP Steel & Pow. includes the following members:<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>This team comprises a mix of executive and non-executive members, including independent directors who contribute to the governance of the company.

What does MSP Steel & Pow. do?

MSP Steel & Power Ltd is a Kolkata-based steel manufacturer specializing in iron and steel production and power generation, with a market cap of INR 1,972 Cr. As of June 2026, it reported net sales of 827 Cr and a net profit of 22 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-cap bracket, specializing 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 June 2026, showcasing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 827 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 22 Cr (Quarterly Results - Jun 2026)<BR>- Market-cap: INR 1,972 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 14.00<BR>- Industry P/E: 24<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.28<BR>- Return on Equity: 13.12%<BR>- Price to Book: 1.92<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

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

MSP Steel & Pow.'s peers include Venus Pipes, Vardhman Special, and Welspun Special, among others. It has below-average management and growth risks, with a 1-year return of 4.30%, lower than most peers.

Peers: The peers of MSP Steel & Pow. are Venus Pipes, Vardhman Special, Welspun Special., JTL Industries, Rhetan TMT Ltd, Mahamaya Steel, Hi-Tech Pipes, Ratnaveer Precis, Aeroflex Enter., and Steel Exchange.<BR><BR>Quality Snapshot: Excellent management risk is observed at Venus Pipes, while Good management risk is found at Hi-Tech Pipes and Average management risk is found at JTL Industries, Ratnaveer Precis, and Aeroflex Enter. Below Average management risk is noted at MSP Steel & Pow., Rhetan TMT Ltd, Mahamaya Steel, Welspun Special., and Steel Exchange. Excellent growth is seen at Venus Pipes, while Good growth is found at Ratnaveer Precis and Aeroflex Enter. Below Average growth is noted at MSP Steel & Pow., Rhetan TMT Ltd, Vardhman Special, Mahamaya Steel, and Welspun Special. Average growth is observed at JTL Industries and Hi-Tech Pipes. Capital Structure is Excellent at JTL Industries, Good at Venus Pipes and Vardhman Special, Average at Mahamaya Steel, Hi-Tech Pipes, and Ratnaveer Precis, and Below Average at MSP Steel & Pow., Rhetan TMT Ltd, Welspun Special., and Steel Exchange.<BR><BR>Return Snapshot: Mahamaya Steel has the highest 1-year return at 197.40%, while Rhetan TMT Ltd has the lowest at 23.52%. MSP Steel & Pow. has a 1-year return of 4.30%, which is lower than both of these peers. Additionally, Rhetan TMT Ltd, MSP Steel & Pow., and Steel Exchange have negative six-month returns.

How big is MSP Steel & Pow.?

As of 14th August, MSP Steel & Power Ltd has a market capitalization of 1,887.43 Cr, with recent net sales of 2,958.62 Cr and a net profit of 37.91 Cr over the last four quarters.

As of 14th August, <BR><BR>Market Cap: MSP Steel & Power Ltd has a market capitalization of 1,887.43 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 2,958.62 Cr, while the sum of Net Profit for the same period is 37.91 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 979.02 Cr, and Total Assets amount to 1,534.93 Cr.

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

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

The next results date for MSP Steel & Power Ltd is July 31, 2026.

The next results date for MSP Steel & Power Ltd is scheduled for July 31, 2026.

Are MSP Steel & Power Ltd latest results good or bad?

MSP Steel & Power Ltd's latest results show a significant profit increase of 1,451.91% and revenue growth of 27.77%, but these figures are boosted by a one-time tax credit, raising concerns about sustainability. Additionally, high promoter pledging poses risks for minority shareholders, suggesting caution for investors despite the strong headline numbers.

The latest results for MSP Steel & Power Ltd show a significant improvement, particularly in Q4 FY26. The company reported a net profit of ₹85.20 crores, which is an astonishing increase of 1,451.91% quarter-on-quarter. Revenue also rose by 27.77% to ₹816.32 crores, marking the highest quarterly figure in recent history.<BR><BR>Operating margins improved to 9.49%, the best in eight quarters, indicating enhanced operational efficiency. Additionally, the profit after tax margin surged to 10.44%, up from just 0.86% in the previous quarter.<BR><BR>However, it's important to note that this profit increase was significantly bolstered by an unusual tax credit of ₹37.19 crores, which raises questions about the sustainability of these results. Without such one-off gains, the underlying operational performance remains less impressive.<BR><BR>While the headline numbers appear strong, the company still faces challenges, including high promoter pledging at 71.27% of total shares, which poses risks to minority shareholders. The overall financial health shows signs of improvement, but the volatility in earnings and the reliance on one-time benefits suggest caution for investors.<BR><BR>In summary, while the latest results are good on the surface, the underlying quality and sustainability of these earnings are areas of concern.

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.

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. 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.

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.

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.