NSE: MSTCLTD · BSE: 542597 · ISIN INE255X01014
Mstc Limited stock analysis
Mstc Limited ranks #734 in the TickerSutra evidence-ranked universe with a score of 61/100 and 95% data confidence. The latest captured fundamentals show ROCE of 30.3%, quarterly sales growth of 21.7% and quarterly profit growth of 37.5%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 30.3%
- Low debt/equity of 0.16×
- No promoter shares are reported as pledged
Risks and constraints
- CFO/EBITDA is below 0.6×
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹876cr | ₹9cr | ₹199cr | 1.0% |
| 2023 | ₹721cr | ₹193cr | ₹242cr | 27.0% |
| 2024 | ₹316cr | ₹82cr | ₹165cr | 26.0% |
| 2025 | ₹311cr | ₹178cr | ₹407cr | 57.0% |
| 2026 | ₹370cr | ₹220cr | ₹218cr | 59.0% |
| TTM | ₹386cr | ₹233cr | ₹234cr | 60.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Voting Results and Scrutinizers Report for the 61st Annual General Meeting.
RoutineShareholders meetingNSE · 25 Sept 2026Mstc Limited has submitted the Exchange voting results and Srutinizers report of 61st Annual General Meeting held on September 24, 2026.
RoutineTrading WindowBSE · 25 Sept 2026Mstc Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
RoutineChange in Directors/KMP/SMP/Auditor/RTANSE · 10 Sept 2026 · Structured filingMSTC LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA
MSTC LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA
Open original XBRL sourceThe Comptroller and Auditor General of India vide its letter No./CA.V/COY/CENTRAL GOVERNMENT, MSTC(1)/764 dated 8th September, 2026 has appointed M/s. Mookherjee Biswas & Pathak, Chartered ....
MANAGEMENT COMMENTARY
Signals from filed documents
CAUTIONARY STATEMENT Statements under “Management Discussion and Analysis” are on Company’s projections and estimates. Actual results may materially differ from such projections and depends on economic condition and industry demand in the relevant domestic and international market. Government regulations including fiscal regulations and other incidental factors may also affect the projections and estimates.
Selling Agency Business MSTC acts as a trusted Selling Agent for a wide range 28 61st ANNUAL REPORT 2025-26 STATUTORY REPORTS of Central and State Government departments, PSUs and Private Sector Corporates for the disposal of Scrap, Surplus Stores, Obsolete Equipment, e-Waste and other Hazardous Materials. Its technology-driven, automated processes, coupled with a vast buyer base, ensures optimized price realization
MSTC Limited May 30, 2026 Page 9 of 12 Manobendra Ghoshal: Right Saket, so first I think you need to be clear about that MSTC is a small part of the major ecosystem of ELV scrappage in India. Major stakeholders in this case happen to be the states, who have to put in place certain regulations, regulatory framework, as well as facilities to be able to tap the market of ELVs for ethical and controlled scrappage. Now th
(Yes/No) Yes Yes Yes Yes Yes Yes Yes Yes Yes b. Has the policy been approved by the Board? (Yes/No) Yes Yes Yes Yes Yes Yes Yes Yes Yes c.
News releases Whenever the Company issues any press release, it is immediately sent to the Stock Exchanges as well as posted on the Company’s website. The Company also puts forth the key information about the Company and its performance, including quarterly results, statutory notices, press releases and presentations made to institutional investors/ analysts after the declaration of the quarterly, half-yearly and ann
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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