MSP STEEL & POWER LTD. (MSPL) financials

MSP STEEL & POWER LTD. (MSPL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1968, MSP Steel & PowerLtd manufactures and sells of iron and steel products and does generation of power[1]

Market Cap: ₹1,788Cr.
Current Price: ₹31.6
Stock P/E: 12.8
ROE: 14.0%
ROCE: 9.71%
Book Value: ₹17.6
Dividend Yield: 0.00%
52W High / Low: ₹46.4/26.2

In Jun 2026, MSP STEEL & POWER LTD. (MSPL) reported sales ₹827 Cr and net profit ₹22 Cr.

Annual TTM: sales ₹2,959 Cr, net profit ₹38 Cr.

Shareholding: Promoters 45.12% (Sep 2026), FIIs 0.72% (Sep 2026), DIIs 15.43% (Sep 2026), Public 38.73% (Sep 2026), No. of Shareholders 56,944% (Sep 2026).

MSPL quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	656	717	760	711	677	639	816	827
Expenses	630	698	716	666	654	606	739	774
Operating Profit	27	19	44	45	23	33	77	53
OPM %	4.0%	2.7%	6%	6%	3.4%	5%	9%	6%
Other Income	0	0	2	1	-100	-1	1	3
Interest	22	16	23	10	10	11	17	11
Depreciation	13	14	13	14	14	14	14	14
Profit before tax	-8	-10	10	22	-100	7	48	30
Tax %	13%	-185%	439%	17%	-26%	25%	-77%	26%
Net Profit	-10	8	-34	18	-75	5	85	22
EPS in Rs	-0.20	0.15	-0.60	0.31	-1.32	0.10	1.51	0.39
Raw PDF	—	—	—	—	—	—	—	—

MSPL profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,533	1,723	2,340	2,550	2,874	2,905	2,843	2,959
Expenses	1,462	1,581	2,184	2,491	2,748	2,772	2,665	2,773
Operating Profit	71	142	155	59	125	133	178	185
OPM %	4.6%	8%	7%	2.3%	4.4%	4.6%	6%	6%
Other Income	1	1	12	12	38	4	-99	-97
Interest	86	79	74	77	88	81	48	48
Depreciation	54	55	54	54	55	54	55	56
Profit before tax	-68	9	38	-60	21	2	-24	-15
Tax %	11%	42%	11%	-11%	31%	1,399%	-244%	—
Net Profit	-76	5	34	-54	14	-29	34	38
EPS in Rs	-1.96	0.13	0.88	-1.39	0.37	-0.51	0.60	0.68
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	—

MSPL balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	385	385	385	385	385	385	567	567
Reserves	228	163	168	202	151	163	378	429
Borrowings	884	891	796	856	830	812	293	352
Other Liabilities	182	280	153	307	276	273	293	376
Total Liabilities	1,679	1,719	1,502	1,750	1,643	1,634	1,531	1,724
Fixed Assets	959	906	855	826	826	816	790	792
CWIP	1	1	1	0	0	0	6	18
Investments	33	33	33	41	44	43	45	46
Other Assets	686	779	614	883	773	775	690	866
Total Assets	1,679	1,719	1,502	1,750	1,643	1,634	1,531	1,724

MSPL cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	94	74	181	110	81	170	189	148
Cash from Investing Activity	14	3	-4	-62	-18	-51	-33	-58
Cash from Financing Activity	-108	-79	-177	-11	-101	-104	-178	-90
Net Cash Flow	0	-2	-0	37	-37	15	-22	-0
Free Cash Flow	92	74	177	85	27	125	156	89
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	73%	108%	127%	72%	141%	138%	144%	78%

MSPL shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	36.85%	35.24%	35.24%	35.24%	37.74%	40.22%	45.12%	45.12%
FIIs	0.52%	0.40%	0.18%	0.19%	0.37%	0.12%	1.18%	0.72%
DIIs	12.90%	16.70%	16.70%	16.70%	16.70%	16.81%	15.78%	15.43%
Public	49.71%	47.65%	47.87%	47.87%	45.18%	42.86%	37.92%	38.73%
No. of Shareholders	59,460	59,211	58,804	59,609	57,646	56,983	55,388	56,944

MSPL key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	24	17	12	11	11	9	9	11
Inventory Days	108	160	104	89	84	78	74	96
Days Payable	46	55	34	52	36	34	36	53
Cash Conversion Cycle	87	122	82	48	59	52	47	54
Working Capital Days	31	34	38	22	19	15	15	12
ROCE %	5%	1%	6%	7%	1%	8%	6%	10%

MSPLUpdated 18 Oct 2026, 4:46

Msp Steel & Power Ltd.

MSPLUpdated 18 Oct 2026, 4:46

Market Cap

₹1,788Cr.

Current Price

₹31.6

High / Low

₹46.4/26.2

Stock P/E

12.8

ROE14.0%

ROCE9.71%

Book Value₹17.6

Face Value₹10.0

Dividend Yield0.00%

About

Incorporated in 1968, MSP Steel & PowerLtd manufactures and sells of iron and steel products and does generation of power[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	671	17	638	4	14	6	77	1	0.04
Sep 2023	674	20	645	10	14	4	144	-2	-0.04
Dec 2023	781	25	742	7	14	7	78	1	0.04
Mar 2024	748	25	724	18	13	4	-222	13	0.34
Jun 2024	772	21	729	1	14	10	34	7	0.18
Sep 2024	656	22	630	0	13	-8	13	-10	-0.2
Dec 2024	717	16	698	0	14	-10	-185	8	0.15
Mar 2025	760	23	716	2	13	10	439	-34	-0.6
Jun 2025	711	10	666	1	14	22	17	18	0.31
Sep 2025	677	10	654	-100	14	-100	-26	-75	-1.32
Dec 2025	639	11	606	-1	14	7	25	5	0.1
Mar 2026	816	17	739	1	14	48	-77	85	1.51
Jun 2026	827	11	774	3	14	30	26	22	0.39

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	1090	109	1084	5	53	-151	-32	-103	-11.64
Mar 2016	902	118	913	2	63	-191	-5	-182	-20.71
Mar 2017	849	123	775	1	56	-104	-10	-94	-10.62
Mar 2018	1160	129	1043	7	57	-62	-10	-56	-1.45
Mar 2019	1670	79	1539	1	55	-2	961	-21	-0.53
Mar 2020	1533	86	1462	1	54	-68	11	-76	-1.96
Mar 2021	1723	79	1581	1	55	9	42	5	0.13
Mar 2022	2340	74	2184	12	54	38	11	34	0.88
Mar 2023	2550	77	2491	12	54	-60	-11	-54	-1.39
Mar 2024	2874	88	2748	38	55	21	31	14	0.37
Mar 2025	2905	81	2772	4	54	2	1399	-29	-0.51
Mar 2026	2843	48	2665	-99	55	-24	-244	34	0.6
TTM	2959	48	2773	-97	56	-15	—	38	0.68

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	45.12%
FIIs	0.72%
DIIs	15.43%
Public	38.73%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	41.61%	0%	3.14%	55.24%
Mar 2024	41.61%	0.16%	3.14%	55.08%
Jun 2024	42.34%	0.33%	3.17%	54.16%
Sep 2024	42.34%	1.1%	1.91%	54.65%
Dec 2024	36.85%	0.52%	12.9%	49.71%
Mar 2025	35.24%	0.4%	16.7%	47.65%
Jun 2025	35.24%	0.18%	16.7%	47.87%
Sep 2025	35.24%	0.19%	16.7%	47.87%
Dec 2025	37.74%	0.37%	16.7%	45.18%
Mar 2026	40.22%	0.12%	16.81%	42.86%
Jun 2026	45.12%	1.18%	15.78%	37.92%
Sep 2026	45.12%	0.72%	15.43%	38.73%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	88	491	1173	166	1918	1137	49	33	700	1918
Mar 2016	88	420	1142	113	1763	1126	0	47	590	1763
Mar 2017	88	328	1202	171	1788	1070	0	48	670	1788
Mar 2018	385	249	913	221	1769	1013	0	33	722	1769
Mar 2019	385	228	884	182	1679	959	1	33	686	1679
Mar 2020	385	163	891	280	1719	906	1	33	779	1719
Mar 2021	385	168	796	153	1502	855	1	33	614	1502
Mar 2022	385	202	856	307	1750	826	0	41	883	1750
Mar 2023	385	151	830	276	1643	826	0	44	773	1643
Mar 2024	385	163	812	273	1634	816	0	43	775	1634
Mar 2025	567	378	293	293	1531	790	6	45	690	1531
Mar 2026	567	429	352	376	1724	792	18	46	866	1724

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	21	-64	60	17
Mar 2016	40	-21	-35	-16
Mar 2017	73	1	-61	13
Mar 2018	147	-19	-122	6
Mar 2019	94	14	-108	0
Mar 2020	74	3	-79	-2
Mar 2021	181	-4	-177	0
Mar 2022	110	-62	-11	37
Mar 2023	81	-18	-101	-37
Mar 2024	170	-51	-104	15
Mar 2025	189	-33	-178	-22
Mar 2026	148	-58	-90	0

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	34	44	58	33	24	17	12	11	11	9	9	11
Inventory Days	128	130	175	149	108	160	104	89	84	78	74	96
Days Payable	46	33	70	78	46	55	34	52	36	34	36	53
Cash Conversion Cycle	116	142	163	104	87	122	82	48	59	52	47	54
Working Capital Days	75	53	38	32	31	34	38	22	19	15	15	12
ROCE %	-2%	-4%	1%	4%	5%	1%	6%	7%	1%	8%	6%	10%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of MSP STEEL & POWER LTD. (MSPL)?

The reported market capitalisation for MSP STEEL & POWER LTD. (MSPL) is ₹1,788Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of MSPL?

The current price shown for MSP STEEL & POWER LTD. (MSPL) on Fincrux is ₹31.6 with a 52-week high/low of ₹46.4/26.2.

What is the P/E ratio of MSP STEEL & POWER LTD. (MSPL)?

The stock P/E for MSP STEEL & POWER LTD. (MSPL) is 12.8 on Fincrux, with ROE at 14.0% and ROCE at 9.71%.

What were MSPL latest quarterly results?

For Jun 2026, MSP STEEL & POWER LTD. (MSPL) reported sales ₹827 Cr and net profit ₹22 Cr (figures in ₹ crore unless noted).

What are MSPL annual sales and net profit?

For TTM, MSP STEEL & POWER LTD. (MSPL) shows sales of ₹2,959 Cr and net profit of ₹38 Cr on the Fincrux profit & loss statement.

Who owns MSP STEEL & POWER LTD. (MSPL)?

Latest shareholding for MSP STEEL & POWER LTD. (MSPL) on Fincrux: Promoters 45.12% (Sep 2026), FIIs 0.72% (Sep 2026), DIIs 15.43% (Sep 2026), Public 38.73% (Sep 2026), No. of Shareholders 56,944% (Sep 2026).

Where can I find MSP STEEL & POWER LTD. (MSPL) financials?

MSP STEEL & POWER LTD. (MSPL) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show MSPL balance sheet and cash flow?

Yes. The MSP STEEL & POWER LTD. (MSPL) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 4:46