MSP Steel & Power financials

·Capital Goods & DefenceChart ›
Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹827cr+16.3% on Q1 FY26
Net profit
₹22.0cr+23.2% on Q1 FY26
EBITDA margin
6.4%0.0 pts on Q1 FY26
EPS
₹0.39+25.8% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue827711+16.3%
EBITDA52.644.9+17.1%
EBITDA margin6.4%6.3%0.0 pts
Profit before tax29.821.5+38.5%
Net profit22.017.8+23.2%
EPS₹0.39₹0.31+25.8%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹827 crNet profit₹22.0 crNet margin2.7%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
1,754————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
4.54.54.026.111.0
0.30.30.30.30.3
311311261781801
2,061————
2,9592,8432,9052,8742,550
—−2.1%+1.1%+12.7%—
18517813412562.2
6.3%6.3%4.6%4.4%2.4%
12912280.170.08.2
37.933.8−28.414.3−50.6
1.3%1.2%−1.0%0.5%−2.0%
₹0.67₹0.60−₹0.50₹0.25−₹0.89
—+219.1%−297.5%+128.4%—
—14818917081.1
—−59.4−32.5−45.7−53.7
88.888.815712527.3
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

MSPL₹30.95

MSP Steel & Power Limited

· Capital Goods & Defence
₹ CrorePeersRATNAVEERMUKANDLTDHITECHAEROENTERRHETANRSLSTEELXINDMANAKCOATMcap ₹1,754 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————1,754.2
- Cash, Equiv & ST Investments11.026.14.04.54.5
+ Minority Interest0.30.30.30.30.3
+ Total Debt801.3781.5261.5310.9310.9
Enterprise Value————2,060.9
Revenue2,550.42,873.92,905.22,843.02,958.6
Growth %, YoY—+12.7+1.1-2.1—
EBITDA62.2125.4133.9177.7185.3
Margin %2.444.364.616.256.26
EBIT8.270.080.1122.5129.5
Net Income-50.614.3-28.433.837.9
Margin %-1.980.50-0.981.191.28
EPS, Adj (current shares)-0.890.25-0.500.600.67
Growth %, YoY—+128.4-297.5+219.1—
Cash from Operations81.1170.4189.3148.2—
Capital Expenditures-53.7-45.7-32.5-59.4—
Free Cash Flow27.3124.7156.888.888.8
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

MSP Steel & Power financials and key ratios

Prices at the 30 October 2026 close · figures from the company's filings with NSE

MSP Steel & Power (NSE: MSPL) had a market capitalisation of ₹1,680 crore at the 30 October 2026 close (₹29.64 a share), a PE ratio of 44.3 on the last four quarters' profit and a price-to-book ratio of 1.63. In FY26 its consolidated net profit was ₹33.8 crore on revenue of ₹2,843 crore; in Q1 FY27 (April–June 2026) it was ₹22 crore, up 23.2% year on year. Its debt-to-equity ratio was 0.30 on 31 March 2026. Promoters held 45.12% of the shares on 30 September 2026.

Share price used
₹29.64 · 30 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

MSP Steel & Power at a glance · consolidated

Market cap
₹1,680 Crat ₹29.64 · 30 Oct close
PE ratio (last 4 quarters)
44.349.7 on FY26 profit
Price to book (PB)
1.63book value ₹18.18 a share
ROE (FY26)
3.4%+7.0 pts vs FY25ROCE 12.0%
Debt to equity
0.30net debt ₹282 Cr
Promoter holding
45.12%unchanged vs 30 Jun 202630 September 2026
Net worth
₹1,030 Cr+5.2% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹88.8 Cr−43.4% vs FY25
EPS (FY26)
₹0.60

Questions

What is the MSP Steel & Power PE ratio today?

MSP Steel & Power's PE ratio is 44.3 at the 30 October 2026 close (₹29.64 a share): a market capitalisation of ₹1,680 crore divided by consolidated net profit of ₹37.9 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹33.8 crore) it is 49.7. These four quarters include net exceptional items of −₹102 crore (one-off charges reported separately), so the ratio on recurring profit would differ.

What is the MSP Steel & Power PB ratio (price to book value)?

MSP Steel & Power's price-to-book (PB) ratio is 1.63 at the 30 October 2026 close: a market capitalisation of ₹1,680 crore divided by shareholders' equity (book value) of ₹1,030 crore on 31 March 2026. That is a book value of ₹18.18 per share against a share price of ₹29.64.

What is the MSP Steel & Power ROE and ROCE?

In FY26, MSP Steel & Power's return on equity (ROE) was 3.4% and its return on capital employed (ROCE) was 12.0%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was −3.6% and ROCE 7.8%.

What is the MSP Steel & Power market cap?

MSP Steel & Power's market capitalisation was ₹1,680 crore at the 30 October 2026 close: 56.68 crore shares at ₹29.64 each.

Is MSP Steel & Power debt free?

No. MSP Steel & Power had borrowings of ₹311 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.30. Its cash and current investments were ₹28.8 crore, so its net debt was ₹282 crore.

What is the MSP Steel & Power EPS?

MSP Steel & Power's basic earnings per share (EPS) were ₹0.60 in FY26. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹0.67.

What is the MSP Steel & Power debt to equity ratio?

MSP Steel & Power's debt-to-equity ratio was 0.30 on 31 March 2026: borrowings of ₹311 crore against total equity of ₹1,030 crore. A year earlier, on 31 March 2025, it was 0.27.

What is the MSP Steel & Power net worth?

MSP Steel & Power's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,030 crore on 31 March 2026, up 5.2% from ₹979 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,680 crore at the 30 October 2026 close.

What is the MSP Steel & Power promoter holding?

Promoters held 45.12% of MSP Steel & Power on 30 September 2026, unchanged from the previous quarter and up 9.88 percentage points from 35.24% a year earlier, according to the shareholding pattern filed with NSE.

What is the MSP Steel & Power book value per share?

MSP Steel & Power's book value per share was ₹18.18 on 31 March 2026: shareholders' equity of ₹1,030 crore divided by the 56.68 crore shares in issue, up 5.2% from ₹17.27 a year earlier. The share price at the 30 October 2026 close was ₹29.64.

What is the MSP Steel & Power free cash flow?

In FY26, MSP Steel & Power generated ₹148 crore of cash from operations and spent ₹59.4 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹88.8 crore. In FY25 it was ₹157 crore.

What are the MSP Steel & Power latest quarterly results?

MSP Steel & Power's latest results are for Q1 FY27 (April–June 2026), filed on 31 July 2026: consolidated net profit ₹22 crore, up 23.2% from ₹17.8 crore in Q1 FY26; revenue from operations ₹827 crore, up 16.3% year on year.

What is the MSP Steel & Power shareholding pattern?

On 30 September 2026, MSP Steel & Power's shares were held by promoters 45.12%, foreign portfolio investors (FII/FPI) 0.72%, domestic institutions (DII) 15.43% and retail and other non-institutional investors 38.73%. Over the year, FII holding was up 0.54 percentage points from 0.18% and DII holding was down 1.27 percentage points from 16.70%.

How does MSP Steel & Power compare with its peers?

On FY26 consolidated figures, against Ratnaveer Precision Engineering, Mukand and Hi-Tech Pipes: MSP Steel & Power's operating margin of 4.3% is the second highest of the four (Ratnaveer Precision Engineering 8.1%, Mukand 2.2%, Hi-Tech Pipes 3.5%; peer average 4.6%); its return on equity of 3.4% is the lowest of the four (Ratnaveer Precision Engineering 12.4%, Mukand 48.9%, Hi-Tech Pipes 5.9%; peer average 22.4%).

How does the MSP Steel & Power PE ratio compare with its peers?

At the 30 October 2026 closing prices, on FY26 net profit, MSP Steel & Power's PE ratio is 49.7, the highest of the four: Ratnaveer Precision Engineering 47.0, Mukand 3.4 and Hi-Tech Pipes 18.3, a peer average of 22.9. Each is the company's market capitalisation at that price divided by its FY26 net profit.

What is the MSP Steel & Power revenue and profit in FY26?

In FY26 (April 2025–March 2026), MSP Steel & Power's consolidated net profit was ₹33.8 crore, against a loss of ₹28.4 crore in FY25, on revenue from operations of ₹2,843 crore (down 2.1%).

When are the MSP Steel & Power next results?

MSP Steel & Power has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.

MSP Steel & Power vs Ratnaveer Precision Engineering: how do they compare?

In FY26, MSP Steel & Power earned net profit of ₹33.8 crore on revenue of ₹2,843 crore, against ₹64.3 crore on ₹1,069 crore for Ratnaveer Precision Engineering. MSP Steel & Power's operating margin was 4.3% (Ratnaveer Precision Engineering 8.1%) and its return on equity 3.4% (Ratnaveer Precision Engineering 12.4%). At the 30 October 2026 close, MSP Steel & Power's market capitalisation was ₹1,680 crore against ₹3,023 crore for Ratnaveer Precision Engineering, and its PE ratio on FY26 profit 49.7 against 47.0.

Where do these MSP Steel & Power figures come from?

From MSP Steel & Power's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.