MSP Steel & Power Ltd
MSP Steel & Power Limited is engaged in the manufacture and sale of iron and steel products and generation of power. [1]
- Market Cap ₹ 1,092 Cr.
- Current Price ₹ 28.3
- High / Low ₹ 33.4 / 8.44
- Stock P/E 76.1
- Book Value ₹ 15.1
- Dividend Yield 0.00 %
- ROCE 7.83 %
- ROE 2.56 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 21.0% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.64% over last 3 years.
- Promoters have pledged 100% of their holding.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
920 | 1,191 | 1,090 | 902 | 849 | 1,160 | 1,670 | 1,533 | 1,723 | 2,340 | 2,550 | 2,874 | |
759 | 1,032 | 1,085 | 913 | 775 | 1,043 | 1,539 | 1,462 | 1,581 | 2,184 | 2,491 | 2,748 | |
Operating Profit | 161 | 159 | 5 | -11 | 74 | 117 | 130 | 70 | 142 | 155 | 59 | 125 |
OPM % | 18% | 13% | 0% | -1% | 9% | 10% | 8% | 5% | 8% | 7% | 2% | 4% |
6 | 36 | 5 | 2 | 1 | 7 | 1 | 1 | 1 | 3 | 15 | 38 | |
Interest | 91 | 109 | 109 | 118 | 123 | 129 | 79 | 86 | 79 | 74 | 77 | 88 |
Depreciation | 46 | 55 | 53 | 63 | 56 | 57 | 55 | 54 | 55 | 54 | 54 | 55 |
Profit before tax | 30 | 32 | -152 | -191 | -104 | -62 | -2 | -68 | 8 | 30 | -57 | 21 |
Tax % | 33% | 34% | 32% | 5% | 10% | 10% | -956% | -11% | 42% | 14% | 12% | 31% |
20 | 21 | -104 | -182 | -94 | -56 | -21 | -76 | 5 | 26 | -51 | 14 | |
EPS in Rs | 2.28 | 2.42 | -11.76 | -20.71 | -10.64 | -1.44 | -0.53 | -1.97 | 0.13 | 0.67 | -1.31 | 0.37 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 11% |
3 Years: | 19% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | -4% |
5 Years: | 21% |
3 Years: | 43% |
TTM: | 128% |
Stock Price CAGR | |
---|---|
10 Years: | -1% |
5 Years: | 32% |
3 Years: | 36% |
1 Year: | 210% |
Return on Equity | |
---|---|
10 Years: | -10% |
5 Years: | -3% |
3 Years: | -1% |
Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 86 | 86 | 86 | 88 | 88 | 385 | 385 | 385 | 385 | 385 | 385 | 385 |
Reserves | 602 | 612 | 508 | 427 | 335 | 266 | 249 | 177 | 175 | 202 | 153 | 197 |
Preference Capital | 9 | 21 | 21 | 0 | 0 | 31 | 31 | 31 | 31 | 31 | 31 | |
1,054 | 1,085 | 1,195 | 1,142 | 1,202 | 882 | 852 | 861 | 766 | 826 | 801 | 781 | |
327 | 356 | 238 | 113 | 171 | 253 | 213 | 315 | 184 | 338 | 308 | 274 | |
Total Liabilities | 2,070 | 2,140 | 2,028 | 1,770 | 1,796 | 1,786 | 1,699 | 1,738 | 1,511 | 1,751 | 1,648 | 1,638 |
890 | 1,003 | 1,144 | 1,127 | 1,070 | 1,013 | 959 | 906 | 855 | 827 | 826 | 816 | |
CWIP | 187 | 182 | 111 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
Investments | 48 | 48 | 75 | 52 | 55 | 50 | 53 | 47 | 40 | 40 | 46 | 45 |
945 | 907 | 698 | 590 | 670 | 722 | 686 | 784 | 615 | 884 | 776 | 776 | |
Total Assets | 2,070 | 2,140 | 2,028 | 1,770 | 1,796 | 1,786 | 1,699 | 1,738 | 1,511 | 1,751 | 1,648 | 1,638 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-144 | 275 | 88 | -22 | 73 | 147 | 94 | 77 | 178 | 110 | 81 | 170 | |
-131 | -192 | -127 | 84 | 1 | -19 | 14 | -0 | -1 | -62 | -19 | -50 | |
273 | -84 | 56 | -78 | -61 | -122 | -108 | -79 | -177 | -11 | -99 | -106 | |
Net Cash Flow | -3 | -1 | 17 | -17 | 13 | 6 | 0 | -2 | -0 | 37 | -37 | 15 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 50 | 59 | 34 | 44 | 58 | 33 | 24 | 18 | 12 | 11 | 11 | 9 |
Inventory Days | 187 | 123 | 128 | 130 | 175 | 149 | 108 | 160 | 104 | 89 | 84 | 78 |
Days Payable | 90 | 64 | 46 | 33 | 70 | 78 | 46 | 55 | 34 | 52 | 36 | 34 |
Cash Conversion Cycle | 146 | 117 | 116 | 142 | 163 | 104 | 87 | 122 | 82 | 48 | 59 | 53 |
Working Capital Days | 160 | 121 | 127 | 156 | 150 | 112 | 86 | 96 | 85 | 70 | 61 | 53 |
ROCE % | 8% | 8% | -2% | -4% | 1% | 4% | 5% | 1% | 6% | 7% | 1% |
Documents
Announcements
- Closure of Trading Window 29 Jun
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 13 Jun
-
Intimation Of Merger Of Promoter Companies
12 Jun - Merger Pursuant to NCLT order dated 10th June 2024 between Procheta Consultants Private Limited and BS confin Private Limited, High Time Holding Pvt Ltd., Emerald …
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 12 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Submit copies of newspaper advertisements pursuant to Audited Financial Results for the Quarter and Year ended 31st March 2024.
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Products
The company is present across the value chain of rolled long products, except captive iron ore and coal mines. It manufactures pellets, sponge iron, MS billets, thermo-mechanically treated bars, and structural products. [1] [2]