MSTC financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹94.2cr+21.7% on Q1 FY26
Net profit
₹58.2cr+37.5% on Q1 FY26
EBITDA margin
61.3%+2.3 pts on Q1 FY26
EPS
₹8.27+37.6% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue94.277.4+21.7%
EBITDA57.745.6+26.5%
EBITDA margin61.3%59.0%+2.3 pts
Profit before tax78.559.6+31.7%
Net profit58.242.3+37.5%
EPS₹8.27₹6.01+37.6%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹94.2 crNet profit₹58.2 crNet margin61.8%

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
4,133————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
554554378268921
145145145145145
3,724————
386370311751721
—+18.9%−58.6%+4.1%—
236224183161196
61.1%60.6%59.0%21.5%27.1%
225214174137174
234218407204242
60.6%59.1%130.9%27.2%33.6%
₹33.28₹31.03₹57.82₹29.03₹34.37
—−46.3%+99.2%−15.5%—
—−27.8260−312886
—−22.3−24.6−132−21.5
−50.0−50.0236−444865
Open the chart

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

MSTCLTD₹587.05

MSTC Ltd.

· Consumer Services
₹ CrorePeersNESCOMEDPLUSMANYAVARQUESSJUSTDIALJSLLRBAIXIGOMcap ₹4,133 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————4,132.8
- Cash, Equiv & ST Investments920.5267.8378.2553.7553.7
+ Total Debt145.0145.0145.0145.0145.0
Enterprise Value————3,724.1
Revenue721.0750.8311.0369.7386.5
Growth %, YoY—+4.1-58.6+18.9—
EBITDA195.6161.1183.5224.1236.2
Margin %27.1221.4559.0160.6361.12
EBIT173.7136.9174.4213.8225.1
Net Income242.0204.4407.1218.4234.3
Margin %33.5627.22130.9159.0960.63
EPS, Adj (current shares)34.3729.0357.8231.0333.28
Growth %, YoY—-15.5+99.2-46.3—
Cash from Operations886.5-312.1260.3-27.8—
Capital Expenditures-21.5-131.9-24.6-22.3—
Free Cash Flow865.0-444.0235.7-50.0-50.0
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%.

MSTC financials and key ratios

Prices at the previous close · figures from the company's filings with NSE

MSTC (NSE: MSTCLTD) had a market capitalisation of ₹4,133 crore at the previous close (₹587.05 a share), a PE ratio of 17.6 on the last four quarters' profit and a price-to-book ratio of 4.57. In FY26 its consolidated net profit was ₹218 crore on revenue of ₹370 crore; in Q1 FY27 (April–June 2026) it was ₹58.2 crore, up 37.5% year on year. Its debt-to-equity ratio was 0.16 on 31 March 2026. Promoters held 64.75% of the shares on 30 September 2026.

MSTC Q1 FY27 results
filed 13 August 2026
Share price used
₹587.05 · previous close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

MSTC at a glance · consolidated

Market cap
₹4,133 Crat ₹587.05 · previous close
PE ratio (last 4 quarters)
17.618.9 on FY26 profit
Price to book (PB)
4.57book value ₹128.40 a share
ROE (FY26)
26.6%−23.4 pts vs FY25ROCE 25.1%
Debt to equity
0.16net cash ₹1,183 Cr
Promoter holding
64.75%unchanged vs 30 Jun 202630 September 2026
Dividend yield
2.67%₹15.70 a share in 12 months
Net worth
₹904 Cr+22.4% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
−₹50 Cr

Questions

What is the MSTC PE ratio today?

MSTC's PE ratio is 17.6 at the previous close (₹587.05 a share): a market capitalisation of ₹4,133 crore divided by consolidated net profit of ₹234 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹218 crore) it is 18.9.

What is the MSTC net worth?

MSTC's net worth — shareholders' equity in its consolidated balance sheet — was ₹904 crore on 31 March 2026, up 22.4% from ₹738 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹4,133 crore at the previous close.

What is the MSTC book value per share?

MSTC's book value per share was ₹128.40 on 31 March 2026: shareholders' equity of ₹904 crore divided by the 7.04 crore shares in issue, up 22.4% from ₹104.89 a year earlier. The share price at the previous close was ₹587.05.

What is the MSTC PB ratio (price to book value)?

MSTC's price-to-book (PB) ratio is 4.57 at the previous close: a market capitalisation of ₹4,133 crore divided by shareholders' equity (book value) of ₹904 crore on 31 March 2026. That is a book value of ₹128.40 per share against a share price of ₹587.05.

What is the MSTC ROE and ROCE?

In FY26, MSTC's return on equity (ROE) was 26.6% and its return on capital employed (ROCE) was 25.1%. 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 50.0% and ROCE 19.7%.

What is the MSTC dividend yield?

MSTC's dividend yield is 2.67% at the previous close: dividends of ₹15.70 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹587.05. They were ₹8.10 on 17 September 2026 and ₹7.60 on 18 February 2026 (interim).

What is the MSTC market cap?

MSTC's market capitalisation was ₹4,133 crore at the previous close: 7.04 crore shares at ₹587.05 each.

What is the MSTC debt to equity ratio?

MSTC's debt-to-equity ratio was 0.16 on 31 March 2026: borrowings of ₹145 crore against total equity of ₹904 crore. A year earlier, on 31 March 2025, it was 0.20.

What is the MSTC EPS?

MSTC's basic earnings per share (EPS) were ₹31.03 in FY26, against ₹57.82 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹33.29.

Is MSTC debt free?

No. MSTC had borrowings of ₹145 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.16. Its cash and current investments were ₹1,328 crore, so it held net cash of ₹1,183 crore.

What is the MSTC dividend in 2026 and its record date?

In 2026, MSTC has declared two dividends totalling ₹15.70 a share: ₹7.60 (interim) with record date 18 February 2026 and ₹8.10 with record date 17 September 2026.

What is the MSTC promoter holding?

Promoters held 64.75% of MSTC on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the MSTC shareholding pattern?

On 30 September 2026, MSTC's shares were held by promoters 64.75%, foreign portfolio investors (FII/FPI) 5.03%, domestic institutions (DII) 1.14% (including mutual funds at 0.10%) and retail and other non-institutional investors 29.08%. Over the year, FII holding was up 0.97 percentage points from 4.06% and DII holding was down 0.09 percentage points from 1.23%.

What is the MSTC revenue and profit in FY26?

In FY26 (April 2025–March 2026), MSTC's consolidated net profit was ₹218 crore, down 46.3% from ₹407 crore in FY25, on revenue from operations of ₹370 crore (up 18.9%). Over three years, from FY23, net profit was down 9.7%.

How does MSTC compare with its peers?

On FY26 consolidated figures, against NESCO and Medplus Health Services: MSTC's operating margin of 57.8% is the highest of the three (NESCO 47.4%, Medplus Health Services 4.7%; peer average 26.0%); its return on equity of 26.6% is the highest of the three (NESCO 14.7%, Medplus Health Services 11.8%; peer average 13.2%); its revenue growth over three years of −20.0% a year is the lowest of the three (NESCO 19.5% a year, Medplus Health Services 14.8% a year; peer average 17.1% a year).

What is the MSTC free cash flow?

In FY26, MSTC generated ₹27.8 crore of cash from operations and spent ₹22.3 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹50 crore. In FY25 it was ₹236 crore.

What are the MSTC latest quarterly results?

MSTC's latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net profit ₹58.2 crore, up 37.5% from ₹42.3 crore in Q1 FY26; revenue from operations ₹94.2 crore, up 21.7% year on year.

MSTC vs NESCO: how do they compare?

In FY26, MSTC earned net profit of ₹218 crore on revenue of ₹370 crore, against ₹413 crore on ₹932 crore for NESCO. MSTC's operating margin was 57.8% (NESCO 47.4%) and its return on equity 26.6% (NESCO 14.7%).

When are the MSTC next results?

MSTC 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.

Where do these MSTC figures come from?

From MSTC's own consolidated results, balance sheets and shareholding patterns filed with NSE. 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.