MSP Steel & Pow.

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

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

Why is MSP Steel & Power Ltd falling/rising?

As of 03-Jun, MSP Steel & Power Ltd's stock price is rising to 41.29, driven by strong financial performance, increased investor participation, and favorable market conditions. The stock has gained 0.64% over the last two days and has shown significant trading activity, indicating growing investor interest.

As of 03-Jun, MSP Steel & Power Ltd's stock price is rising, currently at 41.29, with a change of 0.34 (0.83%) upwards. This upward movement can be attributed to several factors. The stock has been gaining for the last two days, showing a cumulative return of 0.64% during this period. Additionally, the stock's performance today is reported to be in line with its sector, indicating a stable market position.<BR><BR>Investor participation has notably increased, with a delivery volume of 45.18 lacs on June 2, which represents a significant rise of 364.97% compared to the 5-day average delivery volume. This surge in trading activity suggests growing interest among investors, contributing to the stock's upward momentum.<BR><BR>Financially, the company has demonstrated impressive growth, with a net profit increase of 1457.4% reported in March 2026, and it has declared positive results for the last two consecutive quarters. The stock has also outperformed the benchmark Sensex over various periods, including a remarkable 50.58% return over the past year, while its profits have surged by 576.8%. Furthermore, the stock is trading at a discount compared to its peers' average historical valuations, which may attract more investors.<BR><BR>Overall, the combination of strong financial performance, increased investor participation, and favorable market conditions are driving the rise in MSP Steel & Power Ltd's stock price.

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.

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.

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.

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.

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.

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.