MSTC's Q4 FY 2025-26 Quarterly Results

Result Summary

• MSTC Ltd reported a 40.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 34.2%.
• Its expenses for the quarter were up by 15.5% QoQ and 28.9% YoY.
• The net profit increased 50.3% QoQ and increased 2.3% YoY.
• The earnings per share (EPS) of MSTC Ltd stood at 10.97 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

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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 public sector enterprise under the Government of India, primarily engaged in diversified businesses, including e-commerce, trading, and recycling of scrap. The company operates in the metal recycling and trading industry, providing a platform for e-auctioning and e-procurement services. MSTC is known for its initiatives in the recycling of ferrous and non-ferrous scrap, as well as its role in facilitating the sale of scrap and surplus goods for various government departments and public sector units. In recent developments, MSTC has been focusing on expanding its e-commerce services and has been involved in various government-backed initiatives to enhance the recycling sector in India. Specific recent developments, if any, are not available in the provided data.

Revenue

For the fourth quarter of the fiscal year 2026 (Q4FY26), MSTC Ltd reported a total income of ₹150.37 crores. This represents a significant quarter-over-quarter (QoQ) increase of 40.9% from ₹106.71 crores in Q3FY26. Compared to the same quarter in the previous year (Q4FY25), total income grew by 34.2% from ₹112.03 crores. This growth in revenue indicates an upward trend in the company's income generation over both the quarterly and yearly periods, highlighting robust performance in this aspect of its business operations.

Profitability

In terms of profitability, MSTC Ltd recorded a profit before tax (PBT) of ₹104.84 crores in Q4FY26, marking a 57.7% increase from the previous quarter's ₹66.50 crores and a 61.0% rise from ₹65.13 crores in Q4FY25. The profit after tax (PAT) for Q4FY26 was ₹77.22 crores, which is a 50.3% increase compared to ₹51.37 crores in Q3FY26 and a 2.3% increase from ₹75.51 crores in the corresponding quarter of the previous year. These figures point to strong profit growth on a quarterly basis and a modest improvement on a yearly basis. Additionally, the earnings per share (EPS) stood at ₹10.97 in Q4FY26, reflecting a 50.3% increase QoQ and a 2.2% YoY growth from ₹10.73 in Q4FY25.

Operating Metrics

The total expenses for MSTC Ltd in Q4FY26 were ₹46.43 crores, showing a 15.5% increase from ₹40.21 crores in Q3FY26 and a 28.9% rise from ₹36.03 crores in Q4FY25. This increase in expenses corresponds with the company's revenue growth. The tax expense for Q4FY26 was ₹27.60 crores, which is a substantial increase of 96.0% from ₹14.08 crores in Q3FY26. Notably, compared to Q4FY25, where the tax expense was reported as a negative value of ₹-12.00 crores, there is a drastic change. This shift in tax expenses reflects changes in tax liabilities and accounting practices over the periods.