MSTC

Why is MSTC Ltd falling/rising?

As of 04-Aug, MSTC Ltd's stock is declining by 1.42% and has fallen 3.61% over the last two days, underperforming its sector. Despite a year-to-date increase of 14.47% and positive fundamentals, short-term market sentiment is negatively impacting the stock.

As of 04-Aug, MSTC Ltd's stock price is currently falling, with a change of -8.6, representing a decline of 1.42%. This downward movement is part of a broader trend, as the stock has been losing for the last two days, accumulating a total decline of 3.61% during this period. Additionally, the stock has underperformed its sector by 2.92% today.<BR><BR>In terms of recent performance, while the stock has shown a year-to-date increase of 14.47% and a one-year return of 25.77%, it has experienced a significant decline of 16.32% over the past month, contrasting sharply with the Sensex, which has gained 0.86% in the same timeframe. <BR><BR>Despite these recent declines, there are some positive indicators for MSTC Ltd. The company is net-debt free and reported its highest quarterly net sales and operating profit margins recently. Furthermore, institutional investor participation has increased, with a 1.06% rise in their stake over the previous quarter, indicating a level of confidence in the company's fundamentals.<BR><BR>However, the current price drop and recent performance suggest that short-term market sentiment may be weighing on the stock, overshadowing its longer-term positive fundamentals.

Which are the latest news on MSTC?

Should I buy, sell or hold MSTC Ltd?

What does MSTC do?

MSTC Ltd, a Small Cap company established in 1964, operates in the Trading & Distributors industry, reporting net sales of ₹119 Cr and a net profit of ₹77 Cr for the quarter ending March 2026, with a market cap of ₹3,921 Cr. Key metrics include a P/E ratio of 18.00 and a return on equity of 24.16%.

Overview: <BR>MSTC Ltd operates in the Trading & Distributors industry and is classified as a Small Cap company.<BR><BR>History: <BR>MSTC Limited was incorporated in 1964 as "Metal Scrap Trade Corporation Limited" and later changed its name to "MSTC Limited" in 1994. The most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 119 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 77 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 3,921 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 18.00 <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -1.31 <BR>Return on Equity: 24.16% <BR>Price to Book: 4.25 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

How big is MSTC?

As of 10th June, MSTC Ltd has a market capitalization of 3,921.00 Cr, with recent net sales of 369.67 Cr and a net profit of 218.43 Cr. Shareholder's funds are 738.41 Cr, and total assets amount to 2,020.57 Cr.

As of 10th June, MSTC Ltd has a market capitalization of 3,921.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, MSTC reported Net Sales of 369.67 Cr and a Net Profit of 218.43 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 738.41 Cr and Total Assets of 2,020.57 Cr.

Who are in the management team of MSTC?

The management team of MSTC includes Surinder Kumar Gupta (Chairman & Managing Director), Bhanu Kumar (Whole-Time Director), Subrata Sarkar (Executive Director - Finance), and several non-executive directors, overseeing the company's operations and strategy.

The management team of MSTC includes the following key members:<BR><BR>1. **Surinder Kumar Gupta** - Chairman & Managing Director<BR>2. **Bhanu Kumar** - Whole-Time Director & Executive Director<BR>3. **Subrata Sarkar** - Executive Director - Finance<BR>4. **Ruchika Chaudhry Govil** - Non-Executive Director (Nominated)<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 (Nominated)<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the MSTC?

MSTC's peers include Redington, MMTC, Elitecon International, BN Agrochem, Ravindra Energy, Vintage Coffee, Arisinfra Solutions, Yamuna Syndicate, and SMT Engineering. In terms of management risk, growth, and capital structure, MSTC ranks average, with BN Agrochem showing the highest 1-year return at 60.70% and Elitecon International the lowest at -42.04%.

Peers: The peers of MSTC are Redington, MMTC, Elitecon Inter., BN Agrochem, Ravindra Energy, Vintage Coffee, Arisinfra Solu., Yamuna Syndicate, and SMT Engineering.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC, Elitecon Inter., Arisinfra Solu., and MSTC, and Below Average management risk is noted for BN Agrochem, Ravindra Energy, Vintage Coffee, Yamuna Syndicate, and SMT Engineering. Growth is Excellent for Elitecon Inter. and BN Agrochem, Good for Redington and Ravindra Energy, Average for MSTC, and Below Average for MMTC and Yamuna Syndicate, while Vintage Coffee, Arisinfra Solu., and SMT Engineering have Below Average growth. Capital Structure is Excellent for MSTC, Good for Redington and Yamuna Syndicate, Average for Vintage Coffee, and Below Average for MMTC, BN Agrochem, Ravindra Energy, Arisinfra Solu., and SMT Engineering.<BR><BR>Return Snapshot: The peer with the highest 1-year return is BN Agrochem at 60.70%, while the peer with the lowest is Elitecon Inter. at -42.04%. MSTC's own 1-year return is 2.31%, which is higher than Elitecon Inter. but lower than BN Agrochem. Additionally, the peers with negative six-month returns include MMTC, BN Agrochem, Ravindra Energy, Arisinfra Solu., Yamuna Syndicate, and SMT Engineering.

When is the next results date for MSTC Ltd?

The next results date for MSTC Ltd is 29 May 2026.

The next results date for MSTC Ltd is scheduled for 29 May 2026.

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.

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.

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.

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.

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.

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.