ALFA Finder| Management target | Revenue 10.0% FY27 |
|---|
| Revenue growth | 22% YoY increase in operations. |
|---|---|
| Margins | EBITDA margins expanded 3% YoY to 69.05%. |
| Demand visibility | Strong for mineral blocks and scrap auctions. |
| Management confidence | High, citing 'sterling' Q1 performance and momentum. |
Growth
Revenue from operations rose 22% YoY to ₹94.25 Cr. EBITDA grew 32% to ₹81.49 Cr with margins improving to 69.05%. Consolidated PAT stood at ₹58.22 Cr.
Outlook
Launching TReDS and EPR certificate trading platforms in FY27. Management aims to sustain double-digit growth and remains asset-light.
Risks
Cyclicality in the scrap sector (55% of revenue) and potential competition from new private coal exchanges.
Last quarter's promises, checked
Delivered
- Exit marketing/trading business by Q1 FY27 → Successfully exited (= BEAT)
- Launch travel portal in Q1 FY27 → Launched MSTC Smart Travel (= BEAT)
- Maintain double-digit growth in e-commerce → Delivered 22% YoY growth (= BEAT)
Partly delivered
- EPR portal launch in Q1/Q2 FY27 → Ready but awaiting CPCB/Govt approval (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: MSTCLTD. Summary written with AI assistance from the document.
MSTC Ltd: key numbers
- Share price
- ₹783.35
- Market cap
- ₹5,515 Cr
- Revenue (annual)
- ₹369.7 Cr
- Net profit (annual)
- ₹218.4 Cr
- P/E (TTM)
- 21.1×Sector 47.0×
- Promoter holding
- 64.75%+0.00% QoQ
- FII holding
- 5.03%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from MSTC Ltd
All →MSTC Earnings Call Transcript: Key Takeaways
MSTC reported its highest-ever Q2 and H1 numbers since listing, driven by scrap price hardening and higher iron ore volumes.
- Call
- Guides 10% growth
MSTC Investor Presentation: Key Takeaways
H1 FY27 standalone PAT ₹132.72 Cr (+41.99%), EBITDA ₹184.55 Cr (+41.19%), record Q2 PAT ₹74.60 Cr. Legacy trading exit completed; e-commerce GMV crossed ₹545.80 bn.
MSTC Q2 FY27 Results: Net Profit ₹74.9 Cr, Up 57.7% YoY
MSTC Ltd reported revenue from operations of ₹110 Cr (+29.4% YoY) and net profit of ₹74.9 Cr (+57.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹74.9 Cr · +57.7% YoY
MSTC Board Meeting Date
MSTC Limited has given prior intimation of a board meeting on 12 November 2026 to consider unaudited standalone and consolidated half-yearly results for September 2026. The trading window is closed from 01 October to 14 November 2026.
MSTC Management Change
MSTC's CMD Manobendra Ghoshal gets additional charge of Director (Commercial) for three months from 1 November 2026. This interim government-ordered arrangement fills a senior post vacancy.
- Execution
- 03 months, w.e.f. 01.11.2026 to 31.01.2027, or until a regular incumbent joins or further orders
MSTC Other Announcement
The company submitted its quarterly shareholding pattern under Regulation 31(1)(b) of SEBI LODR Regulations for the quarter ended September 30, 2026.