Mstc quarterly results and financials

Mstc (MSTCLTD)₹603.55+0.76%(9 Nov 2026 close)Trading & Distributors

Key facts

In the Jun 2026 quarter (consolidated), Mstc reported sales of ₹94.29 Cr, up 22.2% from Jun 2025, and net profit of ₹58.06 Cr, up 38.0% year on year. For the year to Mar 2026, sales were ₹371 Cr and net profit ₹218 Cr.

Sales (Jun 2026): ₹94.29 Cr
Net profit (Jun 2026): ₹58.06 Cr
Sales (FY Mar 2026): ₹371 Cr
Net profit (FY Mar 2026): ₹218 Cr
EPS (Jun 2026): ₹8.26
Borrowings (Mar 2026): ₹145 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Mstc quarterly results

₹ crore unless stated; each column is a quarter.

Mstc Quarterly results
	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	81.13	186	200	69.13	72.16	81.16	89.16	77.18	85.19	88.21	119	94.29
Expenses	32.86	123	231	29.91	32.89	33.85	35.90	33.90	34.85	38.85	42.88	36.88
Operating Profit	48.15	62.22	−33.11	39.14	39.13	47.17	53.20	44.14	50.16	50.15	76.30	58.18
OPM %	59.9%	34.0%	−17.0%	55.9%	54.0%	57.9%	59.0%	56.0%	59.0%	55.9%	63.9%	61.0%
Other Income	29.01	19.01	147	17.01	19.01	291	13.01	15.99	17.02	18.02	32.03	24.02
Interest	2.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	6.99	5.99	1.99	2.99	1.99	1.99	1.99	2.99	2.99	2.99	2.99
Profit before tax	74.74	74.75	107	52.80	54.81	335	63.79	57.83	64.79	64.82	105	78.76
Tax %	26.0%	33.0%	55.0%	26.0%	25.0%	25.0%	−19.0%	27.0%	26.0%	22.0%	26.0%	26.0%
Exceptional items	7.98	0.00	0.00	0.00	−0.99	205	−9.97	0.00	0.00	0.00	0.00	0.00
Net Profit	55.11	50.06	48.09	39.03	41.08	251	76.09	42.07	48.07	51.09	77.12	58.06
EPS (Rs)	7.85	7.09	6.87	5.57	5.88	35.58	10.72	6.00	6.74	7.29	10.96	8.26

Mstc profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Mstc Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	3,232	1,742	2,270	3,302	1,234	782	877	722	317	312	371	387
Expenses	3,375	1,597	2,568	3,484	1,080	828	864	526	233	133	150	153
Operating Profit	−162	137	−314	−207	149	−51.19	9.03	194	82.27	179	220	235
OPM %	−5.0%	8.0%	−14.0%	−6.0%	12.0%	−7.0%	1.0%	27.0%	26.0%	57.0%	58.9%	60.7%
Other Income	83.03	137	528	48.03	65.05	214	247	158	203	340	83.07	91.09
Interest	104	78.09	85.06	65.02	30.04	8.01	3.01	0.00	0.00	0.00	0.00	0.00
Depreciation	11.98	11.98	11.99	14.97	16.97	18.97	20.97	21.96	6.99	8.99	9.99	11.96
Profit before tax	−193	182	117	−236	166	135	232	328	277	506	291	313
Tax %	27.0%	24.0%	34.0%	29.0%	42.0%	17.0%	15.0%	26.0%	41.0%	20.0%	25.0%	—
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	210	0.00	0.00
Net Profit	−247	139	77.06	−307	97.19	113	199	242	165	407	218	234
EPS (Rs)	−280.56	79.02	21.92	−43.54	13.77	16.03	28.27	34.34	23.42	57.79	31.01	33.25
Dividend payout %	−7.0%	25.1%	34.1%	−16.9%	0.0%	27.1%	46.1%	44.1%	66.1%	70.1%	26.1%	—

Mstc balance sheet

₹ crore, at each year end.

Mstc Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	8.97	8.98	17.97	34.89	69.99	69.85	69.89	69.84	69.92	69.84	69.82	69.85
Reserves	826	305	387	694	318	403	487	582	715	576	666	832
Borrowings	1,103	652	687	764	615	258	154	150	145	145	145	145
Other Liabilities	4,062	3,179	3,488	3,590	1,817	1,462	1,529	1,205	1,750	1,025	1,229	957
Total Liabilities	6,001	4,145	4,582	5,082	2,821	2,192	2,240	2,007	2,680	1,815	2,110	2,004
Fixed Assets	73.08	62.11	66.09	69.07	83.06	96.18	89.07	142	141	68.04	65.08	206
CWIP	2.01	4.01	2.01	10.03	23.07	29.05	52.09	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	3.01	9.01	14.01	11.01	14.02	21.02	19.01	28.01	12.01	12.02
Other Assets	5,926	4,079	4,511	4,993	2,699	2,056	2,084	1,845	2,519	1,718	2,034	1,785
Inventories	150	18.97	73.92	4.99	6.98	6.99	5.99	6.99	5.99	0.00	0.00	0.00
Trade receivables	4,170	2,591	3,472	3,993	1,876	1,467	893	550	465	318	311	228
Cash & equivalents	1,349	1,008	489	554	417	233	759	820	1,601	1,030	1,359	1,326
Total Assets	6,001	4,145	4,582	5,082	2,821	2,192	2,240	2,007	2,680	1,815	2,110	2,004

Mstc cash flow

₹ crore, for each year.

Mstc Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−149	116	−518	20.92	101	221	679	170	842	−282	259	−27.91
Cash from investing activity	71.79	67.75	376	83.69	59.80	254	10.97	−71.74	−549	−271	164	256
Cash from financing activity	233	−475	11.98	−93.95	−217	−233	−107	−97.95	−119	−95.91	−289	−53.94
Net cash flow	153	−291	−129	10.96	−55.81	244	583	0.00	174	−649	136	175
Capex	15.04	4.01	19.02	26.04	39.07	39.04	36.06	74.10	34.05	108	25.06	22.05
Free cash flow	−165	112	−535	−3.01	67.12	187	649	148	813	−391	237	−50.09
CFO / OP %	−41.1%	−100.0%	−342.1%	−22.0%	−73.1%	172.9%	−1,379.0%	2,309.0%	469.0%	−270.1%	185.0%	7.0%

Mstc ratios

Working-capital days and returns, by year.

Mstc Ratios
	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	267	293	727	643	208	435	417	229	236	367	364	225
Inventory days	11	3	22	1	1	4	10	12	35	—	—	—
Days payable	214	292	762	599	135	389	723	357	904	—	—	—
Cash conversion cycle	64	3	−13	45	74	50	−295	−116	−634	366	363	224
Working capital days	24	−50	−105	−35	−47	−38	−304	−249	−599	−894	−1,154	−789
ROCE %	14.0%	−6.0%	25.0%	16.0%	−14.0%	23.0%	20.0%	31.0%	38.0%	32.0%	29.0%	30.0%

Mstc: frequently asked questions

What are the latest quarterly results of Mstc?

For the Jun 2026 quarter, Mstc reported sales of ₹94.29 Cr, up 22.2% year on year and net profit of ₹58.06 Cr, up 38.0% year on year. The operating margin was 61.0%.

What is the annual revenue of Mstc?

Mstc's sales for the year to Mar 2026 were ₹371 Cr; over the last twelve months they were ₹387 Cr.

What is the net profit of Mstc?

Net profit for the year to Mar 2026 was ₹218 Cr, and ₹234 Cr over the last twelve months. Earnings per share over the same trailing period were ₹33.25.

How much debt does Mstc have?

Mstc reported borrowings of ₹145 Cr at Mar 2026, against cash and equivalents of ₹1,326 Cr.

What is the free cash flow of Mstc?

Cash from operations was −₹27.91 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹50.09 Cr.

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