MSP Steel & Power Limited (MSPL) AI Stock Analysis

• Market Cap: ₹20.44B
• Dividend Yield: N/A
• Average Volume (3M): 122.62K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.77
• Revenue Growth: -3.14%
• EPS Growth: -466.99%
• Country: IN
• Employees: 1,198
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): -1.32
• Shares Outstanding: 566,796,630
• 10 Day Avg. Volume: 44,911
• 30 Day Avg. Volume: 122,623
• PEG Ratio: 0.13
• Price to Book (P/B): 1.13
• Price to Sales (P/S): 0.38
• P/FCF Ratio: 14.87
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: ₹34.00 ▼(-5.74% Downside)

The overall stock score is primarily influenced by the company's financial performance, which shows stability but struggles with profitability. Technical analysis indicates bearish momentum, and valuation metrics highlight significant profitability challenges. The absence of earnings call and corporate events data means these factors do not influence the score.

Positive Factors

Leverage Management

Improved leverage management enhances financial stability and reduces risk, providing a stronger foundation for future growth.

Equity Base Strength

A stronger equity base enhances financial resilience, supporting the company's ability to invest in growth opportunities.

Gross Profit Margin Improvement

Improved gross margins suggest better cost management and operational efficiency, which can lead to enhanced profitability.

Negative Factors

Profitability Challenges

Negative net profit margins indicate ongoing challenges in generating sufficient profit, impacting long-term financial health.

Cash Flow Decline

Declining cash flow efficiency can strain financial resources, limiting the company's ability to invest in growth and manage debt.

Operating Profitability Pressure

Decreasing operating margins suggest pressure on profitability, which may hinder the company's ability to sustain growth and competitiveness.

MSP Steel & Power Limited Business Overview & Revenue Model

Company Description

MSP Steel & Power Limited (MSPL) is a diversified steel manufacturing company based in India, primarily engaged in the production of steel products and power generation. The company operates in various sectors, including iron and steel, power, and mining, with core products that encompass a wide range of steel items such as billets, TMT bars, wire rods, and other finished steel products. MSPL is committed to sustainable practices and aims to cater to both domestic and international markets.

How the Company Makes Money

MSP Steel & Power Limited generates revenue through the production and sale of steel products, primarily from its steel manufacturing facilities. Key revenue streams include the sale of various steel products like billets, TMT bars, and wire rods, which are utilized in construction and infrastructure projects. Additionally, the company generates income from its power generation segment, supplying electricity to the grid and industrial consumers. MSPL benefits from strategic partnerships with suppliers and distributors, enhancing its market reach and operational efficiency. The company may also engage in mining operations to secure raw materials, thus reducing costs and improving profitability.

MSP Steel & Power Limited Financial Statement Overview

Summary

MSP Steel & Power Limited shows revenue growth and improved leverage, but faces profitability challenges with a negative net profit margin and ROE. The balance sheet is stable, but cash flow management is under pressure due to reduced free cash flow.

Income Statement

MSP Steel & Power Limited experienced moderate revenue growth, with a 1.09% increase in the latest fiscal year. The company has managed to improve its gross profit margin to 14.42% from 4.46% the previous year. However, net profit margin remains negative, at -0.98%, indicating challenges in controlling costs or generating adequate profit from operations. The EBIT margin also dropped significantly from 3.5% to 2.76%, while EBITDA margin decreased from 5.29% to 4.73%, suggesting pressure on operating profitability.

Balance Sheet

The company has significantly reduced its debt-to-equity ratio from 1.34 to 0.27, showing improved leverage management. Return on Equity (ROE) is negative at -2.9% due to net losses, highlighting challenges in profitability. The equity ratio improved to 63.8% from 35.55%, indicating a stronger equity base and financial stability.

Cash Flow

Free cash flow decreased by 40.51%, indicating a potential decline in cash generation efficiency. The operating cash flow to net income ratio is negative due to losses, which suggests a reliance on non-operating activities for cash generation. The free cash flow to net income ratio improved to 2.62, reflecting better cash flow management relative to net income, despite the challenges in profitability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	28.44B	29.05B	28.74B	25.34B	23.40B	17.23B
Gross Profit	5.19B	4.19B	1.28B	2.28B	2.39B	2.63B
EBITDA	1.38B	1.37B	1.52B	664.11M	1.50B	1.39B
Net Income	-172.95M	-283.55M	143.59M	-505.80M	256.98M	48.94M
Balance Sheet
Total Assets	0.00	15.35B	16.38B	16.48B	17.51B	15.11B
Cash, Cash Equivalents and Short-Term Investments	207.63M	207.63M	261.05M	109.90M	483.13M	112.70M
Total Debt	0.00	2.62B	7.81B	8.01B	8.26B	7.66B
Total Liabilities	-9.79B	5.56B	10.55B	10.78B	11.32B	9.19B
Stockholders Equity	9.79B	9.79B	5.82B	5.70B	6.18B	5.92B
Cash Flow
Free Cash Flow	0.00	741.64M	1.25B	320.64M	844.86M	1.74B
Operating Cash Flow	0.00	1.07B	1.70B	857.99M	1.10B	1.78B
Investing Cash Flow	0.00	-360.77M	-495.53M	-191.87M	-621.49M	-11.08M
Financing Cash Flow	0.00	-925.99M	-1.06B	-1.04B	-109.07M	-1.77B

MSP Steel & Power Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 36.07
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MSPL, the sentiment is Positive. The current price of 36.07 is below the 20-day moving average (MA) of 36.07, above the 50-day MA of 35.10, and above the 200-day MA of 31.24, indicating a neutral trend. The MACD of 0.34 indicates Positive momentum. The RSI at 51.91 is Neutral, neither overbought nor oversold. The STOCH value of 54.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MSPL.

MSP Steel & Power Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VSSL	75 Outperform	₹28.61B	26.72	―	1.03%	-1.47%	-15.20%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
JAYAGROGN	60 Neutral	₹9.84B	11.92	―	1.22%	0.69%	-7.54%
TNPL	55 Neutral	₹9.89B	-49.75	―	2.09%	4.65%	-127.24%
STEELXIND	54 Neutral	₹9.87B	30.59	―	―	5.31%	30.14%
MSPL	51 Neutral	₹20.44B	-25.51	―	―	-3.14%	-466.99%
MADRASFERT	48 Neutral	₹11.85B	15.53	―	―	3.38%	0.68%

MSP Steel & Power Limited Corporate Events

MSP Steel & Power Promoter Entities Acquire Significant Shares

MSP Steel & Power Limited has announced that its promoter group entities, Shree Vinay Finvest Private Limited and Jaik Leasing & Commercial Investment Limited, have purchased a significant number of the company’s equity shares on the open market. This move involves the acquisition of 11,35,000 shares by Shree Vinay Finvest and 5,78,700 shares by Jaik Leasing, reflecting a strategic move to consolidate their holdings in the company. The purchases were made in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the disclosure has been duly submitted to the relevant stock exchanges. This acquisition could potentially strengthen the promoter group’s influence and control within MSP Steel & Power Limited, possibly impacting the company’s market position and stakeholder dynamics.

MSP Steel & Power Limited Holds 56th AGM Virtually, Passes All Resolutions

MSP Steel & Power Limited conducted its 56th Annual General Meeting (AGM) on September 25, 2025, through video conferencing, adhering to regulatory guidelines. All proposed resolutions were passed with the requisite majority, and the company provided e-voting facilities to its members both before and during the meeting.