| Management target | Revenue 10.0% FY27 |
|---|
| Revenue growth | 22% YoY increase in operations. |
|---|---|
| Margins | EBITDA margins expanded 3% YoY to 69.05%. |
| Demand visibility | Strong for mineral blocks and scrap auctions. |
| Management confidence | High, citing 'sterling' Q1 performance and momentum. |
Growth
Revenue from operations rose 22% YoY to ₹94.25 Cr. EBITDA grew 32% to ₹81.49 Cr with margins improving to 69.05%. Consolidated PAT stood at ₹58.22 Cr.
Outlook
Launching TReDS and EPR certificate trading platforms in FY27. Management aims to sustain double-digit growth and remains asset-light.
Risks
Cyclicality in the scrap sector (55% of revenue) and potential competition from new private coal exchanges.
Last quarter's promises, checked
Delivered
- Exit marketing/trading business by Q1 FY27 → Successfully exited (= BEAT)
- Launch travel portal in Q1 FY27 → Launched MSTC Smart Travel (= BEAT)
- Maintain double-digit growth in e-commerce → Delivered 22% YoY growth (= BEAT)
Partly delivered
- EPR portal launch in Q1/Q2 FY27 → Ready but awaiting CPCB/Govt approval (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: MSTCLTD. Summary written with AI assistance from the document.
MSTC Ltd: key numbers
- Share price
- ₹704.10
- Market cap
- ₹4,957 Cr
- Revenue (annual)
- ₹369.7 Cr
- Net profit (annual)
- ₹218.4 Cr
- P/E (TTM)
- 21.2×Sector 40.4×
- Promoter holding
- 64.75%+0.00% QoQ
- FII holding
- 4.91%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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