MSTC's Q1 FY 2026-27 Quarterly Results

Result Summary

• MSTC Ltd reported a 21.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 26.0%.
• Its expenses for the quarter were down by 15.0% QoQ and up 16.0% YoY.
• The net profit decreased 24.6% QoQ and increased 37.5% YoY.
• The earnings per share (EPS) of MSTC Ltd stood at 8.27 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

MSTC Ltd is a government-owned entity in India, primarily operating in the metal and mineral trading sector. The company is known for its services in e-auction and e-procurement, which play a crucial role in its business operations. Additionally, MSTC is involved in the recycling of ferrous and non-ferrous scrap, which aligns with its broader focus on sustainable practices within the industry. As of the latest updates available, MSTC has been actively expanding its digital auction platforms to increase operational efficiency and cater to a wider market. There are no major developments disclosed in the data provided, and for further details on recent business activities, external sources would need to be consulted.

Revenue

In the first quarter of FY27, MSTC Ltd reported a total income of ₹117.99 crores. This represents a decrease of 21.5% compared to the previous quarter (Q4FY26), where total income was ₹150.37 crores. However, when looking at the year-over-year performance, there is a notable increase of 26.0% from Q1FY26, when the total income was ₹93.66 crores. This data indicates a fluctuation in quarterly revenue but an upward trend in annual performance. The changes in total income can reflect various factors, such as market demand, pricing strategies, or changes in the company's operational scope.

Profitability

MSTC Ltd's profitability metrics for the first quarter of FY27 show a profit before tax of ₹78.53 crores, which is a decline of 25.1% from the previous quarter's ₹104.84 crores. However, on a year-over-year basis, this is an increase of 31.7% from Q1FY26, which recorded ₹59.62 crores. The profit after tax stands at ₹58.22 crores for Q1FY27, marking a decrease of 24.6% from Q4FY26's ₹77.22 crores, but an increase of 37.5% from the ₹42.34 crores reported in Q1FY26. Tax expenses for the quarter were ₹20.41 crores, showing a quarter-over-quarter decrease of 26.1% and a year-over-year increase of 33.3%. Earnings per share (EPS) for Q1FY27 were ₹8.27, compared to ₹10.97 in Q4FY26 and ₹6.01 in Q1FY26, reflecting a similar trend in profitability.

Operating Metrics

Operating expenses for MSTC Ltd in the first quarter of FY27 were reported at ₹39.47 crores, a 15.0% decline from the previous quarter's ₹46.43 crores. Compared to the same quarter in the previous year, when expenses were ₹34.03 crores, there is an increase of 16.0%. This indicates a reduction in expenses from the previous quarter, yet a year-over-year increase, which could be due to variations in operational activities or cost management strategies. The company's operational efficiency can also be inferred from the profit before tax margin, which, despite showing a quarter-over-quarter decline, has improved on a year-over-year basis. The financial data provided, however, does not include specific ratios like P/E or current ratios, and thus any analysis on liquidity or valuation would require additional information.