MSTC balance sheet

As of Mar 2026

Total assets: ₹2,011cr−5.1% on Mar 2025
Shareholders' equity: ₹904cr+22.4% on Mar 2025
Total debt: ₹145cr0.0% on Mar 2025
Cash and investments: ₹554cr+46.4% on Mar 2025

₹ crore except per share

Tap a line for its trend	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets					FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	194	52.9	137	133
	0.0	0.0	0.0	0.1
	4.8	5.2	6.0	0.9
	0.5	0.0	0.0	0.0
	11.9	11.6	12.5	19.4
	2.9	3.5	4.5	26.2
	2.9	3.5	4.5	26.2
	95.5	97.8	108	179
	96.8	222	239	102
	407	393	506	460
	0.0	0.0	5.4	5.1
	227	310	519	463
	554	378	268	921
	774	981	880	680
	44.1	52.2	52.0	134
	1,599	1,720	1,720	2,198
	5.6	4.6	15.3	23.3
	1,604	1,725	1,740	2,227
	0.0	0.0	2.5	2.2
	2,011	2,118	2,249	2,688
Equity
	70.4	70.4	70.4	70.4
	834	668	819	716
	904	738	889	787
	904	738	889	787
Liabilities
	3.4	3.6	4.0	3.7
	3.4	3.6	4.0	3.7
	16.5	16.9	93.8	90.5
	10.9	10.3	11.3	11.2
	30.8	30.8	109	105
	145	145	145	145
	126	123	167	194
	784	1,058	870	1,350
	1,056	1,326	1,182	1,690
	0.9	0.1	21.8	70.2
	19.5	23.2	46.8	36.8
	1,076	1,349	1,251	1,797
	1,107	1,380	1,360	1,902
	2,011	2,118	2,249	2,688
Trade payables — MSME split
	0.0	0.1	—	—
	126	123	—	—

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

alphave

MSTCLTD₹571.95

MSTC Ltd.

· Consumer Services

₹ CrorePeersNESCO MEDPLUS MANYAVAR QUESS JUSTDIAL JSLL RBA IXIGOMcap ₹4,027 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Non-current Assets
+ Property, Plant & Equipment	132.9	136.9	52.9	194.1	194.1
+ Capital Work-in-Progress	0.1	0.0	0.0	0.0	0.0
+ Other Intangibles	0.9	6.0	5.2	4.8	4.8
+ Intangibles under Development	0.0	0.0	0.0	0.5	0.5
+ Investments (Equity Method)	19.4	12.5	11.6	11.9	11.9
+ Other Non-current Financial Assets	26.2	4.5	3.5	2.9	2.9
Non-current Financial Assets	26.2	4.5	3.5	2.9	2.9
+ Deferred Tax Assets	178.6	107.7	97.8	95.5	95.5
+ Other Non-current Assets	101.5	238.6	222.5	96.8	96.8
Total Non-current Assets	459.7	506.1	393.3	406.5	406.5
Current Assets
+ Inventories	5.1	5.4	0.0	0.0	0.0
+ Trade Receivables	463.2	519.3	309.5	226.9	226.9
+ Cash & Cash Equivalents	920.5	267.8	378.2	553.7	553.7
+ Other Bank Balances	680.3	880.5	980.5	773.9	773.9
+ Other Current Financial Assets	134.1	52.0	52.2	44.1	44.1
Current Financial Assets	2,198.1	1,719.6	1,720.4	1,598.5	1,598.5
+ Other Current Assets	23.3	15.3	4.6	5.6	5.6
Total Current Assets	2,226.6	1,740.2	1,725.1	1,604.2	1,604.2
+ Assets Held for Sale	2.2	2.5	0.0	0.0	0.0
Total Assets	2,688.5	2,248.9	2,118.4	2,010.7	2,010.7
Equity
+ Equity Share Capital	70.4	70.4	70.4	70.4	70.4
+ Other Equity / Reserves	716.1	818.6	668.0	833.5	833.5
Equity — Owners of Parent	786.5	889.0	738.4	903.9	903.9
Total Equity	786.5	889.0	738.4	903.9	903.9
Liabilities
+ Other Non-current Financial Liab	3.7	4.0	3.6	3.4	3.4
Non-current Financial Liabilities	3.7	4.0	3.6	3.4	3.4
+ Provisions — Non-current	90.5	93.8	16.9	16.5	16.5
+ Other Non-current Liabilities	11.2	11.3	10.3	10.9	10.9
Non-current Liabilities	105.3	109.1	30.8	30.8	30.8
+ Borrowings — Current	145.0	145.0	145.0	145.0	145.0
+ Trade Payables	194.5	167.2	123.1	126.2	126.2
+ Other Current Financial Liab	1,350.2	870.0	1,057.8	784.5	784.5
Current Financial Liabilities	1,689.7	1,182.2	1,325.9	1,055.6	1,055.6
+ Provisions — Current	70.2	21.8	0.1	0.9	0.9
+ Other Current Liabilities	36.8	46.8	23.2	19.5	19.5
Current Liabilities	1,796.7	1,250.8	1,349.2	1,076.0	1,076.0
Total Liabilities	1,902.0	1,359.8	1,380.0	1,106.8	1,106.8
Total Equity & Liabilities	2,688.5	2,248.9	2,118.4	2,010.7	2,010.7
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	0.1	0.0	0.0
+ Dues to Other Creditors — Current	—	—	123.1	126.2	126.2

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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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%.