MSTC
- Market cap
- ₹ 4,094 Cr.
- P/E
- 17.2x
- P/B
- 4.65x
- 52-week range
- 362.15 – 805
- ROE
- 27%
- ROCE
- 30%
- Dividend yield
- 2.6%
- Debt / equity
- 0.16
- Sector
- Commercial Services & Supplies
- Industry
- Trading & Distributors
- Listed on
- NSE, BSE
About
MSTC Limited is an India-based e-commerce company. The Company is engaged in providing e-commerce related services across diversified industry segment offering e-auction/e-sale, e-procurement services, and development of customized software/solutions. The Company operates through two segments: e-Commerce, and Trading. Its e-Commerce segment provides services for e-auction/s-sale, e-procurement, and development of customized software/solutions. The Company offers e-auction platform to government departments and government-controlled entities. It offers a complete package of services from preparation of the auction catalogue to the issuance of delivery orders and advertisements of the same on a case-to-case basis with e payment and e-wallet facilities. It has conducted e-auction for sale of scraps, minerals, agricultural produce, land parcels, tea, gorgon nut, tendu leaves, timbers, and other forest produce. It also offers end-to-end platform solutions for e-procurement.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Trading & Distributors: 197 companies →MSTC against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)17.2 against a typical 28.8: cheaper than most peers (1st = cheapest).69th of 186
- Sales growth+22.1% against a typical −2.4% from a year earlier.52nd of 143
- Profit growth+38.1% against a typical −13.1% from a year earlier.40th of 124
- Share price, 3 months−9% against a typical −6.1%.101st of 169
- Size₹ 4,094.5 Cr. market value against a typical ₹ 26.8 Cr. (1st = largest).3rd of 183
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated A+ to BBB+ by 2 agencies- The agencies don't fully agree: Acuite says A+, CARE says BBB+.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Acuite | ACUITE A+ | Stable | 27 Apr 2026 |
| CARE | CARE BBB+ | Stable | 10 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 27 Apr 2026 | Reaffirmed | ACUITE A+ | — | Acuite | ₹ 110 Cr. | |
| 10 Mar 2026 | Reaffirmed | CARE BBB+ | — | CARE | ₹ 110 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 29 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and Final dividend, if any. |
| 11 Feb 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended December 31, 2025 and dividend |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 13 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 29 May 2025 | Financial Results/Dividend | MSTCLTD : 29-May-2025 : The Company has informed the Exchange that a Board meeting to be held on May 28, 2025 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on May 29, 2025, To consider and approve the financial results for the period ended March 31, 2025 and dividend, if any. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 81 | 185 | 199 | 69 | 72 | 81 | 89 | 77 | 85 | 88 | 119 | 94 |
| Expenses | 33 | 123 | 232 | 30 | 33 | 34 | 36 | 34 | 35 | 39 | 43 | 37 |
| Operating Profit | 48 | 62 | −33 | 39 | 39 | 47 | 53 | 44 | 50 | 50 | 76 | 58 |
| OPM % | 60% | 34% | −17% | 56% | 54% | 58% | 59% | 56% | 59% | 56% | 64% | 61% |
| Other Income | 29 | 19 | 147 | 17 | 19 | 291 | 13 | 16 | 17 | 18 | 32 | 24 |
| Interest | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 7 | 6 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
| Profit before tax | 75 | 75 | 107 | 53 | 55 | 336 | 64 | 58 | 65 | 65 | 105 | 79 |
| Tax % | 26% | 33% | 55% | 26% | 25% | 25% | −19% | 27% | 26% | 22% | 26% | 26% |
| Net Profit | 55 | 50 | 48 | 39 | 41 | 251 | 76 | 42 | 48 | 51 | 77 | 58 |
| EPS in Rs | 7.86 | 7.1 | 6.88 | 5.58 | 5.89 | 35.63 | 10.73 | 6.01 | 6.75 | 7.3 | 10.97 | 8.27 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −19%
- 5 Years
- −14%
- 3 Years
- −20%
- TTM
- 21%
- 10 Years
- 11%
- 5 Years
- 14%
- 3 Years
- −3%
- TTM
- 8%
- 10 Years
- —
- 5 Years
- 22%
- 3 Years
- 22%
- TTM
- —
- 10 Years
- 19%
- 5 Years
- 29%
- 3 Years
- 26%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| MSTC | ₹ 554.95 | ₹ 4,094 Cr. | 17.2x | 4.7x | 27% | — |
| iStreet Network | ₹ 31.12 | ₹ 223 Cr. | 111.3x | 7.1x | 22.4% | 5.1% |
| Spencer's Retail | ₹ 14.76 | ₹ 133 Cr. | — | — | — | −13.9% |
| Intrasoft Technologies | ₹ 97.10 | ₹ 158 Cr. | 9.2x | 0.5x | 5.4% | 2.5% |
Management
- Manobendra Ghoshal
- Chairman of the Board, Managing Director
- Subrata Sarkar
- Chief Financial Officer, Director - Finance
- Ajay Kumar Rai
- Compliance Officer, Company Secretary
- Bhanu Kumar
- Director- Commercial
Prices are delayed and for information only. Nothing on this page is investment advice.