MSP Steel & Power Ltd (MSPL) — shareholding pattern, promoter holding, financials and share price
About MSP Steel & Power Ltd (MSPL)
MSP Steel & Power Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as MSPL and on the BSE under scrip code 532650. Its ISIN is INE752G01015.
Incorporated in 1968, MSP Steel & Power Ltd manufactures and sells of iron and steel products and does generation of power [1]
MSP Steel & Power Limited is a Kolkata-based steel manufacturer involved in production of iron, steel, generation of power, and marketing their TMT bars under the brand MSP Gold Theremax TMT.
The company has evolved from a single-product unit to a diversified steel producer with integrated production capabilities, contributing significantly to India's industrial economy.
Listed peers in Iron & Steel Products: JTL Industries Ltd, Vardhman Special Steels Ltd, Rhetan TMT Ltd, Hi-Tech Pipes Ltd, Steel Exchange India Ltd, Bharat Wire Ropes Ltd.
Valuation & Returns
10 Jul 2026At ₹39.24 a share on 10 Jul 2026, MSP Steel & Power Ltd (MSPL) was valued at a price-to-earnings ratio of 65.86x against an industry P/E of 37x and a price-to-book of 2.27x on a book value of ₹17.27 per share as of Mar 2025. Solomo computes return on equity of 3.45% and return on capital employed of 1.93% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 65.86x
- Industry P/E
- 37x
- P/B
- 2.27x
- EPS (TTM)
- ₹0.6
- Book value / share
- ₹17.27
- ROE
- 3.45%
- ROCE
- 1.93%
- ROA
- 2.2%
- Debt / equity
- 0.27x
- Dividend yield
- 0%
- EBITDA margin
- 2.78%
- 52-week range
- ₹26.16 – ₹46.43
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, MSP Steel & Power Ltd (MSPL) reported revenue of ₹2,843 crore, net profit of ₹34 crore and earnings per share of ₹0.6. That compares with revenue of ₹2,905 crore and net profit of ₹-28 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹816 crore and net profit ₹85 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2,340 | 2,550 | 2,874 | 2,905 | 2,843 |
| Net profit (₹ cr) | 26 | -51 | 14 | -28 | 34 |
| EPS (₹) | 0.67 | -1.31 | 0.37 | -0.5 | 0.6 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 12.49% | 13.64% | 7.49% | 1.09% |
| Profit growth | - | - | - | -297.63% |
| Stock price CAGR | 11% | 28% | 63% | 11% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 45.12% of MSP Steel & Power Ltd (MSPL) (up 4.9 pp QoQ), foreign institutional investors (FII) hold 1.18% and domestic institutional investors (DII) hold 15.78%. Promoters have pledged 63.5% of their holding. Market capitalisation was ₹2,224 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2005.
Largest disclosed public shareholders in Jun 2026: TARINI MATA PROPERTIES PRIVATE LIMITED 9.47%, MOD COMMODEAL PRIVATE LIMITED 5.56%, UNION BANK OF INDIA 4.4%, INDIAN BANK 3.02%, ICICI BANK LTD 2.19%, PUNJAB NATIONAL BANK 1.62%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 45.12% | 63.5% | 1.18% | 15.78% | 54.88% |
| Mar 2026 | 40.22% | 71.3% | 0.12% | 16.8% | 59.78% |
| Dec 2025 | 37.74% | 76% | 0.37% | 16.7% | 62.26% |
| Sep 2025 | 35.24% | 81.3% | 0.18% | 16.7% | 64.76% |
| Jun 2025 | 35.24% | 81.3% | 0.18% | 16.7% | 64.76% |
| Mar 2025 | 35.24% | 81.3% | 0.4% | 16.7% | 64.76% |
| Dec 2024 | 36.86% | 81.3% | 0.52% | 12.9% | 63.14% |
| Sep 2024 | 42.34% | 99.6% | 1.1% | 1.91% | 57.66% |