MSTC

Is MSTC overvalued or undervalued?

As of May 24, 2023, MSTC Ltd. is considered overvalued with a valuation grade of "does not qualify," reflected by a PE ratio of 17.66, an EV to EBIT of 16.85, and a year-to-date performance of -17.35% compared to the Sensex's 5.56%.

As of 24 May 2023, the valuation grade for MSTC Ltd. moved from risky to does not qualify, indicating a shift in its perceived investment quality. The company appears to be overvalued based on its current metrics. Key ratios include a PE Ratio of 17.66, an EV to EBIT of 16.85, and a ROE of 19.59%. <BR><BR>In comparison to its peers, MSTC's PE ratio is similar to the industry average, but its EV to EBITDA ratio of 16.65 suggests a higher valuation relative to earnings before interest, taxes, depreciation, and amortization. Notably, while MSTC has shown strong returns over the long term, its year-to-date performance of -17.35% compared to the Sensex's 5.56% highlights a concerning trend. Overall, MSTC Ltd. is currently overvalued.

Who are the peers of the MSTC?

MSTC's peers include Redington, MMTC, BN Holdings, Ravindra Energy, Polo Queen Industries, Vintage Coffee, Arisinfra Solutions, and Yamuna Syndicate. In terms of management risk, MSTC and MMTC are average, while Vintage Coffee shows excellent growth and the highest 1-year return at 103.36%, compared to MSTC's -40.22%.

Peers: The peers of MSTC are Redington, MMTC, BN Holdings, Ravindra Energy, Polo Queen Ind., Vintage Coffee, Arisinfra Solu., and Yamuna Syndicate.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MSTC and MMTC. Below Average management risk is present at BN Holdings, Ravindra Energy, Polo Queen Ind., Vintage Coffee, Arisinfra Solu., and Yamuna Syndicate. Growth is Excellent at Vintage Coffee, Good at Redington and Polo Queen Ind., while MSTC and MMTC show Below Average growth, and BN Holdings, Ravindra Energy, Arisinfra Solu., and Yamuna Syndicate exhibit Below Average growth. Capital Structure is Excellent at MSTC, Good at Redington and Yamuna Syndicate, and Below Average at MMTC, BN Holdings, Ravindra Energy, Polo Queen Ind., Vintage Coffee, and Arisinfra Solu.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Vintage Coffee at 103.36%, while the lowest is MMTC at -24.72%, with MSTC's 1-year return at -40.22%, indicating it performs worse than both. Additionally, MMTC, MSTC, Polo Queen Ind., and Yamuna Syndicate have negative six-month returns.

Who are in the management team of MSTC?

As of March 2023, the management team of MSTC includes Surinder Kumar Gupta (Chairman & Managing Director), Bhanu Kumar (WTD & Executive Director), Subrata Sarkar (Executive Director - Finance), and several non-executive directors, including Ruchika Chaudhry Govil, Adya Prasad Pandey, Vasant Ashok Patil, and Ashwini Kumar. They are responsible for the company's governance and strategic direction.

As of March 2023, the management team of MSTC includes the following members:<BR><BR>1. Surinder Kumar Gupta - Chairman & Managing Director<BR>2. Bhanu Kumar - WTD & Executive Director<BR>3. Subrata Sarkar - Executive Director - Finance<BR>4. Ruchika Chaudhry Govil - Non Executive Director / Nomin<BR>5. Adya Prasad Pandey - Independent Non Executive Director<BR>6. Vasant Ashok Patil - Independent Non Executive Director<BR>7. Ashwini Kumar - Non Executive Director / Nomin<BR><BR>These individuals play key roles in the governance and strategic direction of the company.

What does MSTC do?

MSTC Ltd, a small-cap company established in 1964, operates in the trading and distribution industry, reporting net sales of 888 Cr and a net profit of 755 Cr for the quarter ending March 2025. Key metrics include a P/E ratio of 17.00 and a market cap of INR 3,803 Cr.

Overview:<BR>MSTC Ltd operates in the trading and distribution industry, classified as a small-cap company.<BR><BR>History:<BR>MSTC Limited was incorporated in 1964 as "Metal Scrap Trade Corporation Limited" and later renamed MSTC Limited in 1994. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 888 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 755 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: INR 3,803 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 17.00<BR>- Industry P/E: 35<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.91<BR>- Return on Equity: 19.59%<BR>- Price to Book: 3.89<BR><BR>Contact Details:<BR>No Company Details Available. Registrar Address: Not available.

Who are the top shareholders of the MSTC?

The top shareholders of MSTC include the President of India with 64.75%, Jupiter India Fund at 1.72%, individual investors with 20.9%, 71 Foreign Institutional Investors holding 5.47%, and mutual funds with a combined 0.58%. There are no pledged promoter holdings.

The top shareholders of MSTC include the President of India, who holds the largest stake at 64.75%. Other significant shareholders are Jupiter India Fund, which has a holding of 1.72%, and individual investors, who collectively own 20.9% of the company. Additionally, there are 71 Foreign Institutional Investors (FIIs) that hold 5.47%, and mutual funds are represented by 7 schemes with a combined holding of 0.58%. Notably, there are no pledged promoter holdings.

How big is MSTC?

As of 24th July, MSTC Ltd has a market capitalization of 3,598.00 Cr, with Net Sales of 310.95 Cr and a Net Profit of 444.65 Cr for the latest four quarters. Shareholder's Funds are 889.04 Cr, and Total Assets are 2,141.21 Cr as of March 2024.

As of 24th July, MSTC Ltd has a market capitalization of 3,598.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, MSTC reported Net Sales of 310.95 Cr and a Net Profit of 444.65 Cr.<BR><BR>For the latest annual period ending March 2024, MSTC's Shareholder's Funds amounted to 889.04 Cr, while Total Assets were reported at 2,141.21 Cr.

How has been the historical performance of MSTC?

MSTC's historical performance shows a significant decline in net sales from INR 3,292 crore in March 2019 to INR 310.96 crore in March 2025, but it has recovered operationally with profit before tax rising to INR 513.96 crore in March 2025 from a loss in 2019. Despite the drop in sales and total assets, the company has improved profitability and cash flow.

Answer:<BR>The historical performance of MSTC shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>MSTC's net sales have seen a dramatic decline from INR 3,292.00 crore in March 2019 to INR 310.96 crore in March 2025, reflecting a consistent downward trend. Total operating income followed a similar pattern, decreasing from INR 3,292.00 crore in March 2019 to INR 310.96 crore in March 2025. Operating profit (PBDIT) has varied, with a notable increase to INR 260.04 crore in March 2025 from INR -162.04 crore in March 2019, indicating a recovery in operational efficiency. Profit before tax also improved significantly, reaching INR 513.96 crore in March 2025 compared to a loss of INR 234.54 crore in March 2019. Consequently, profit after tax rose to INR 413.04 crore in March 2025 from a loss of INR 304.19 crore in March 2019. The company's total assets decreased from INR 2,510.22 crore in March 2023 to INR 2,020.57 crore in March 2025, while total liabilities also decreased from INR 2,510.22 crore in March 2023 to INR 2,020.57 crore in March 2025. Cash flow from operating activities showed a recovery, with INR 260.00 crore in March 2025 compared to a negative cash flow of INR -282.00 crore in March 2024. Overall, MSTC has demonstrated a recovery in profitability and operational performance despite the significant decline in sales and total assets over the years.

Is MSTC technically bullish or bearish?

As of December 3, 2025, the technical trend is neutral with mixed signals, showing a shift from mildly bearish to sideways, as weekly indicators like MACD and Bollinger Bands are bearish, while daily moving averages are mildly bullish.

As of 3 December 2025, the technical trend has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD and Bollinger Bands are bearish, while the daily moving averages show a mildly bullish signal. The KST indicates a bullish stance on the weekly but bearish on the monthly, and the OBV is mildly bearish weekly but bullish monthly. Overall, the lack of a clear trend in both the weekly and monthly Dow Theory further supports the neutral position.

When is the next results date for MSTC Ltd?

The next results date for MSTC Ltd is 11 February 2026.

The next results date for MSTC Ltd is scheduled for 11 February 2026.

Are MSTC Ltd latest results good or bad?

MSTC Ltd's latest results show mixed performance: while net profit increased 8.15% quarter-on-quarter, it declined 79.52% year-on-year. Revenue grew both quarterly and annually, but concerns about long-term sustainability remain due to reliance on non-operating income and declining sales growth.

MSTC Ltd's latest results present a mixed picture. In the third quarter of FY26, the company reported a net profit of ₹51.37 crore, which reflects an 8.15% increase quarter-on-quarter. However, this is a significant decline of 79.52% compared to the same quarter last year. <BR><BR>On the revenue front, MSTC achieved ₹88.43 crore, marking a 4.02% increase from the previous quarter and an 8.98% increase year-on-year. This indicates some stabilization in revenue after a period of volatility. The operating margin decreased to 57.64%, down from 60.63% in the previous quarter, suggesting some pressure on operational efficiency. Conversely, the profit after tax margin improved to 58.09%, up 221 basis points from the previous quarter.<BR><BR>Overall, while there are positive signs in terms of quarter-on-quarter growth in revenue and profit, the year-on-year decline in net profit raises concerns about the sustainability of MSTC's business model. The company's reliance on non-operating income and the negative long-term sales growth trend are significant factors that investors should consider. Thus, the results can be seen as good in the short term but concerning in the broader context of long-term performance.

Should I buy, sell or hold MSTC Ltd?

Has MSTC Ltd declared dividend?

Yes, MSTC Ltd has declared a dividend of 76%, with an ex-date of February 18, 2026. While the company has shown mixed total returns over various periods, it has experienced significant gains over the long term.

MSTC Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 76%<BR>- Ex-date: 18 Feb 26<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 3 months, MSTC Ltd experienced a price return of -9.43%, a dividend return of 1.45%, resulting in a total return of -7.98%.<BR><BR>Over the past 6 months, the company had a price return of 2.69%, a dividend return of 1.61%, leading to a total return of 4.3%.<BR><BR>In the 1-year period, MSTC Ltd saw a price return of -20.59%, a dividend return of 2.51%, culminating in a total return of -18.08%.<BR><BR>For the 2-year period, the price return was -46.62%, with a dividend return of 5.61%, resulting in a total return of -41.01%.<BR><BR>In the last 3 years, the company had a price return of 65.77%, a dividend return of 24.35%, which contributed to a total return of 90.12%.<BR><BR>Over the 4-year period, MSTC Ltd experienced a price return of 44.18%, a dividend return of 27.99%, leading to a total return of 72.17%.<BR><BR>In the 5-year period, the price return was 60.64%, with a dividend return of 30.17%, resulting in a total return of 90.81%.<BR><BR>Overall, MSTC Ltd has declared a significant dividend, but the total returns over various periods show a mixed performance, with some periods experiencing substantial losses while others show strong gains, particularly in the longer term.

Why is MSTC Ltd falling/rising?

As of 16-Mar, MSTC Ltd's stock price is declining, currently at Rs. 403.00, reflecting a 2.4% decrease and a new 52-week low of Rs. 395. The stock has underperformed significantly over various periods, with a year-to-date decline of 22.97% and concerns about the company's financial health contributing to its downward trend.

As of 16-Mar, MSTC Ltd's stock price is falling, currently at Rs. 403.00, which reflects a decrease of Rs. 9.9 or 2.4%. The stock has been experiencing a consecutive decline, having lost 5.99% over the last two days. Today, it reached a new 52-week low of Rs. 395, indicating significant downward pressure. The stock's performance has also underperformed its sector by 3.42% today.<BR><BR>In terms of broader performance, MSTC Ltd has shown a negative trend over various periods. Over the past month, the stock has decreased by 16.31%, and year-to-date, it has fallen by 22.97%. Additionally, the stock has underperformed the market over the last year, generating negative returns of 11.43% compared to the BSE500's positive return of 5.94%. <BR><BR>The company's financial health is also a concern, with net sales declining at an annual rate of 12.52% over the last five years, and a recent quarterly profit after tax (PAT) showing a decrease of 6.9% compared to the previous four-quarter average. Furthermore, the low stake held by domestic mutual funds, at only 0.34%, suggests a lack of confidence in the stock's valuation or business prospects.<BR><BR>Overall, the combination of poor long-term growth, recent declines in stock price, and underperformance relative to the market contributes to the current downward trend in MSTC Ltd's stock price.

Which are the latest news on MSTC?