MSP Steel & Power Limited (MSPL) AI Stock Analysis

• Market Cap: ₹19.63B
• Dividend Yield: N/A
• Average Volume (3M): 122.62K
• Price to Earnings (P/E): 58.2
• Beta (1Y): 1.61
• Revenue Growth: -4.39%
• EPS Growth: -160.87%
• Country: IN
• Employees: 1,198
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 0.32
• 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: ₹44.00
• Price Target Upside: 27.02% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: ₹44.00 ▲(27.02% Upside)

MSP Steel & Power Limited's stock score is primarily influenced by its strong technical momentum, despite overbought signals. Financial performance shows stability but is hampered by profitability issues. Valuation is a significant concern due to negative earnings and lack of dividends, which lowers the overall attractiveness of the stock.

MSP Steel & Power Limited Business Overview & Revenue Model

Company Description

MSP Steel & Power Limited, together with its subsidiaries, manufactures and sells iron and steel products in India. It offers TMT bars, billets, sponge iron, pellets, coal washery products, and ferro alloys, as well as structural steel products, such as beams, channels, angles, round bars, and joists for the constructions of bridges, dams, highways, buildings, power plants, etc. The company was incorporated in 1968 and is based in Kolkata, India.

How the Company Makes Money

MSP Steel & Power Limited makes money primarily through the production and sale of steel products, including sponge iron, billets, and TMT bars. The company generates revenue by supplying these products to various industries such as construction, real estate, and infrastructure. Additionally, MSPL has a revenue stream from its power generation unit, which supplies electricity to the grid and other industrial consumers. The company benefits from strategic partnerships and long-term contracts with suppliers and customers, enhancing its market reach and stability. Factors such as operational efficiency, cost management, and market demand for steel and power significantly contribute to its earnings.

MSP Steel & Power Limited Financial Statement Overview

Summary

MSP Steel & Power Limited shows moderate revenue growth and improved leverage management, with a significant reduction in the debt-to-equity ratio. However, the company faces profitability challenges, as indicated by a negative net profit margin and negative ROE. Cash flow management shows resilience, but the decline in free cash flow is concerning.

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: Neutral
• Last Price: 34.64
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MSPL, the sentiment is Neutral. The current price of 34.64 is below the 20-day moving average (MA) of 36.85, above the 50-day MA of 34.54, and above the 200-day MA of 31.23, indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 42.69 is Neutral, neither overbought nor oversold. The STOCH value of 9.13 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
JAYAGROGN	70 Neutral	₹10.95B	12.29	―	1.10%	7.47%	-3.69%
VSSL	68 Neutral	₹26.82B	26.10	―	1.08%	6.99%	-12.58%
MSPL	65 Neutral	₹19.63B	58.19	―	―	-4.39%	-160.87%
STEELXIND	64 Neutral	₹12.58B	35.98	―	―	7.07%	78.03%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MADRASFERT	52 Neutral	₹13.04B	19.22	―	―	13.28%	-15.68%
TNPL	52 Neutral	₹10.56B	310.83	―	1.96%	-0.66%	-125.23%