About
MSP Steel & Power Limited, together with its subsidiaries, manufactures and trades for the sale of iron and steel products in India and internationally. The company provides TMT bars, MS billets, sponge iron, and pellets; structural steel products, including beams, channels, angles, and round bars for industrial, infrastructural, engineering, domestic, and agricultural sectors; and value-added products. It also offers various pipes, such as black steel, and square and rectangular hollow sections black pipes for water pipelines, firefighting system and air-conditioning, chemical, gas and construction industries, agriculture and irrigation, and general engineering. In addition, the company engages in the power generation business; and sale of scrap and by-products. MSP Steel & Power Limited was incorporated in 1968 and is based in Kolkata, India.
Key Metrics
as of Sep 2026Market Cap2,009 Cr
P/E14.40
Div Yield0.00 %
Book Value₹18.20
52w High₹46.40
52w Low₹26.20
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 827.00 | 816.00 | 639.00 | 677.00 | 711.00 | 760.00 | 717.00 | 656.00 | 772.00 | 748.00 | 781.00 | 674.00 | 671.00 |
| Expenses | 774.00 | 739.00 | 606.00 | 654.00 | 666.00 | 716.00 | 698.00 | 630.00 | 729.00 | 724.00 | 742.00 | 645.00 | 638.00 |
| Operating Profit | 53.00 | 77.00 | 33.00 | 23.00 | 45.00 | 44.00 | 19.00 | 27.00 | 43.00 | 25.00 | 39.00 | 29.00 | 33.00 |
| OPM % | 6.00 | 9.00 | 5.00 | 3.40 | 6.00 | 6.00 | 2.70 | 4.00 | 6.00 | 3.30 | 5.00 | 4.30 | 4.90 |
| Other Income | 3.00 | 1.00 | -1.00 | -100.00 | 1.00 | 2.00 | 0.00 | 0.00 | 1.00 | 18.00 | 7.00 | 10.00 | 4.00 |
| Depreciation | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 13.00 | 14.00 | 13.00 | 14.00 | 13.00 | 14.00 | 14.00 | 14.00 |
| Interest | 11.00 | 17.00 | 11.00 | 10.00 | 10.00 | 23.00 | 16.00 | 22.00 | 21.00 | 25.00 | 25.00 | 20.00 | 17.00 |
| Profit before tax | 30.00 | 48.00 | 7.00 | -100.00 | 22.00 | 10.00 | -10.00 | -8.00 | 10.00 | 4.00 | 7.00 | 4.00 | 6.00 |
| Tax % | 26.00 | -77.00 | 25.00 | -26.00 | 17.00 | 439.00 | -185.00 | 13.00 | 34.00 | -222.00 | 78.00 | 144.00 | 77.00 |
| Net Profit | 22.00 | 85.00 | 5.00 | -75.00 | 18.00 | -34.00 | 8.00 | -10.00 | 7.00 | 13.00 | 1.00 | -2.00 | 1.00 |
| EPS in Rs | 0.39 | 1.51 | 0.10 | -1.32 | 0.31 | -0.60 | 0.15 | -0.20 | 0.18 | 0.34 | 0.04 | -0.04 | 0.04 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,843.00 | 2,905.00 | 2,874.00 | 2,550.00 | 2,340.00 | 1,723.00 | 1,533.00 | 1,670.00 | 1,160.00 | 849.00 | 902.00 | 1,090.00 |
| Expenses | 2,665.00 | 2,772.00 | 2,748.00 | 2,491.00 | 2,184.00 | 1,581.00 | 1,462.00 | 1,539.00 | 1,043.00 | 775.00 | 913.00 | 1,084.00 |
| Operating Profit | 178.00 | 133.00 | 125.00 | 59.00 | 155.00 | 142.00 | 71.00 | 130.00 | 117.00 | 75.00 | -11.00 | 6.00 |
| OPM % | 6.00 | 4.60 | 4.40 | 2.30 | 7.00 | 8.00 | 4.60 | 8.00 | 10.00 | 9.00 | -1.20 | 0.50 |
| Other Income | -99.00 | 4.00 | 38.00 | 12.00 | 12.00 | 1.00 | 1.00 | 1.00 | 7.00 | 1.00 | 2.00 | 5.00 |
| Interest | 48.00 | 81.00 | 88.00 | 77.00 | 74.00 | 79.00 | 86.00 | 79.00 | 129.00 | 123.00 | 118.00 | 109.00 |
| Depreciation | 55.00 | 54.00 | 55.00 | 54.00 | 54.00 | 55.00 | 54.00 | 55.00 | 57.00 | 56.00 | 63.00 | 53.00 |
| Profit before tax | -24.00 | 2.00 | 21.00 | -60.00 | 38.00 | 9.00 | -68.00 | -2.00 | -62.00 | -104.00 | -191.00 | -151.00 |
| Tax % | -244.00 | 1,399.00 | 31.00 | -11.00 | 11.00 | 42.00 | 11.00 | 961.00 | -10.00 | -10.00 | -5.00 | -32.00 |
| Net Profit | 34.00 | -29.00 | 14.00 | -54.00 | 34.00 | 5.00 | -76.00 | -21.00 | -56.00 | -94.00 | -182.00 | -103.00 |
| EPS in Rs | 0.60 | -0.51 | 0.37 | -1.39 | 0.88 | 0.13 | -1.96 | -0.53 | -1.45 | -10.62 | -20.71 | -11.64 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 567.00 | 567.00 | 385.00 | 385.00 | 385.00 | 385.00 | 385.00 | 385.00 | 385.00 | 88.00 | 88.00 | 88.00 |
| Reserves | 461.00 | 378.00 | 163.00 | 151.00 | 202.00 | 168.00 | 163.00 | 228.00 | 249.00 | 328.00 | 420.00 | 491.00 |
| Borrowings | 320.00 | 293.00 | 812.00 | 830.00 | 856.00 | 796.00 | 891.00 | 884.00 | 913.00 | 1,202.00 | 1,142.00 | 1,173.00 |
| Other Liabilities | 376.00 | 293.00 | 273.00 | 276.00 | 307.00 | 153.00 | 280.00 | 182.00 | 221.00 | 171.00 | 113.00 | 166.00 |
| Total Liabilities | 1,724.00 | 1,531.00 | 1,634.00 | 1,643.00 | 1,750.00 | 1,502.00 | 1,719.00 | 1,679.00 | 1,769.00 | 1,788.00 | 1,763.00 | 1,918.00 |
| Fixed Assets | 793.00 | 790.00 | 816.00 | 826.00 | 826.00 | 855.00 | 906.00 | 959.00 | 1,013.00 | 1,070.00 | 1,126.00 | 1,137.00 |
| CWIP | 18.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 49.00 |
| Investments | 46.00 | 45.00 | 43.00 | 44.00 | 41.00 | 33.00 | 33.00 | 33.00 | 33.00 | 48.00 | 47.00 | 33.00 |
| Other Assets | 866.00 | 696.00 | 775.00 | 773.00 | 883.00 | 614.00 | 779.00 | 686.00 | 722.00 | 670.00 | 590.00 | 700.00 |
| Total Assets | 1,724.00 | 1,531.00 | 1,634.00 | 1,643.00 | 1,750.00 | 1,502.00 | 1,719.00 | 1,679.00 | 1,769.00 | 1,788.00 | 1,763.00 | 1,918.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 148.00 | 189.00 | 170.00 | 81.00 | 110.00 | 181.00 | 74.00 | 94.00 | 147.00 | 73.00 | 40.00 | 21.00 |
| Cash from Investing Activity | -58.00 | -33.00 | -51.00 | -18.00 | -62.00 | -4.00 | 3.00 | 14.00 | -19.00 | 1.00 | -21.00 | -64.00 |
| Cash from Financing Activity | -90.00 | -178.00 | -104.00 | -101.00 | -11.00 | -177.00 | -79.00 | -108.00 | -122.00 | -61.00 | -35.00 | 60.00 |
| Net Cash Flow | 0.00 | -22.00 | 15.00 | -37.00 | 37.00 | 0.00 | -2.00 | 0.00 | 6.00 | 13.00 | -16.00 | 17.00 |
| Free Cash Flow | 89.00 | 156.00 | 125.00 | 27.00 | 85.00 | 177.00 | 74.00 | 92.00 | 148.00 | 73.00 | 36.00 | -67.00 |
| CFO/OP % | 78.00 | 144.00 | 138.00 | 141.00 | 72.00 | 127.00 | 108.00 | 73.00 | 126.00 | 100.00 | -369.00 | 360.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11.00 | 9.00 | 9.00 | 11.00 | 11.00 | 12.00 | 17.00 | 24.00 | 33.00 | 58.00 | 44.00 | 34.00 |
| Inventory Days | 96.00 | 74.00 | 78.00 | 84.00 | 89.00 | 104.00 | 160.00 | 108.00 | 149.00 | 175.00 | 130.00 | 128.00 |
| Days Payable | 53.00 | 36.00 | 34.00 | 36.00 | 52.00 | 34.00 | 55.00 | 46.00 | 78.00 | 70.00 | 33.00 | 46.00 |
| Cash Conversion Cycle | 54.00 | 47.00 | 52.00 | 59.00 | 48.00 | 82.00 | 122.00 | 87.00 | 104.00 | 163.00 | 142.00 | 116.00 |
| Working Capital Days | 12.00 | 15.00 | 15.00 | 19.00 | 22.00 | 38.00 | 34.00 | 31.00 | 32.00 | 38.00 | 53.00 | 75.00 |
| ROCE % | 10.00 | 6.00 | 8.00 | 1.00 | 7.00 | 6.00 | 1.00 | 5.00 | 4.00 | 1.00 | -4.00 | -2.00 |
Corporate Actions
16 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 01 Mar 2019 | — | — | — | E.G.M. |
| Other | 01 Mar 2019 | — | — | — | Extra Ordinary General Meeting |
| Other | 13 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 05 Jul 2017 | — | — | — | E.G.M. |
| Other | 05 Jul 2017 | — | — | — | Extra Ordinary General Meeting |
| Other | 15 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 11 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2013 | — | — | — | Annual General Meeting |
| Dividend | 14 Sep 2012 | — | — | 0.25 | |
| Dividend | 08 Sep 2011 | — | — | 0.50 | |
| Dividend | 16 Sep 2010 | — | — | 0.50 | |
| Other | 15 Sep 2009 | — | — | — | Annual General Meeting |
| Other | 12 Sep 2008 | — | — | — | Annual General Meeting |
| Other | 14 Sep 2007 | — | — | — | Agm |
| Other | 17 Aug 2006 | — | — | — | Agm |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update25 Mar from care
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Rating update25 Sep 2025 from care
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Rating update7 Oct 2024 from care
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Rating update29 Mar 2024 from brickwork
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Rating update7 Sep 2023 from care
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Rating update29 Dec 2022 from brickwork