
About MSP Steel & Power Limited
Data last updated:
MSP Steel & Power Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 18 November 1968 and has been in existence for over 58 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L27109WB1968PLC027399. Its GSTIN is 19AACCA2756N1ZB (West Bengal). The company holds 8 GST registrations, of which 6 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532650 and NSE: MSPL.
The company has an authorised share capital of ₹900 Cr and a paid-up capital of ₹569.91 Cr. It was formerly known as Adhunik Rollers Private Limited. It is led by directors including Saket Agrawal (Managing Director) and Manish Agrawal (Managing Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at South City Business Park, Kolkata, West Bengal.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,842.96 Cr, a decline of 2.1% compared to the previous year. For the same year it recorded a net profit of ₹135.39 Cr (net margin 4.8%) and EBITDA of ₹76.01 Cr (EBITDA margin 2.7%). The net worth stands at ₹1,030.22 Cr (up 5.2% YoY). Total assets are valued at ₹1,355.43 Cr (up 8.8% YoY).
The company has about 1,198 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries and 1 joint venture.
The company is associated with 1 brand: MSPGroup. As per MCA filings, the company has open charges of ₹2,538.96 Cr and satisfied charges of ₹8,294.05 Cr on record. Court records list 109 cases involving the company, including 92 filed by the company and 17 filed against it; 33 cases are pending. The company has 21 deals on record (20 market trades, 1 ipo); the latest was in November 2023. The company has 14 MSME Form 1 returns on record between 2018 and 2024, listing 315 overdue payments to 107 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mspsteel.com.
Company details
CIN history
MSP Steel & Power has one previous CIN (Corporate Identification Number): U27109WB1968PLC027399. The current CIN is L27109WB1968PLC027399, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27109WB1968PLC027399 | Current |
| U27109WB1968PLC027399 | Previous |
Contact details
MSP Steel & Power Limited's registered office is in Kolkata, West Bengal. Its website is mspsteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSouth City Business Park 10th Floor, 770 Anandapur Em Bypass, Kolkata, West Bengal, India – 700107
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of MSP Steel & Power Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
MSP Steel & Power operates one associated brand: MSPGroup. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Steel products are manufactured by MSPGroup in Kolkata, India. | mspsteel.com |
Business activity
The main business activity of MSP Steel & Power is manufacturing. In detail, this covers manufacture of basic metals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals |
To see the full business activity and turnover split of MSP Steel & Power Limited, buy the company report.
Financials of MSP Steel & Power Limited
FY 2025-26 filings availableMSP Steel & Power Limited reported revenue of ₹2,842.96 Cr (down 2.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,843 | 2,905 | 2,874 | 2,550 | 2,340 | 1,723 | 1,533 |
| Revenue growth | -2.1% | +1.1% | +12.7% | +9.0% | +35.8% | +12.4% | - |
| EBITDA | 76.01 | 134 | 125 | 63.82 | 155 | 142 | 80.47 |
| EBITDA margin | +2.7% | +4.6% | +4.4% | +2.5% | +6.6% | +8.3% | +5.3% |
| Profit before tax | (23.66) | 2.56 | 20.69 | (57.19) | 29.91 | 8.47 | (56.37) |
| Net profit | 135 | (28.36) | 14.32 | (50.90) | 25.67 | 4.88 | (66.77) |
| Net profit margin | +4.8% | -1.0% | +0.5% | -2.0% | +1.1% | +0.3% | -4.4% |
| EPS (₹) | 0.56 | (0.50) | 0.37 | (1.31) | 0.67 | 0.13 | (1.76) |
| Balance sheet | |||||||
| Total assets | 1,355 | 1,246 | 1,366 | 1,373 | 1,446 | 1,359 | 1,455 |
| Net worth | 1,030 | 979 | 582 | 570 | 618 | 592 | 593 |
| Total debt | 321 | 262 | 781 | 801 | 826 | 766 | 861 |
| Cash & bank | 28.84 | 20.76 | 47.20 | 27.16 | 95.54 | 26.87 | 25.18 |
| Net working capital | 432 | 388 | 464 | 455 | 544 | 429 | 463 |
| Cash flow | |||||||
| Cash from operations | 148 | 189 | 170 | 85.80 | 110 | 178 | 77.31 |
| Cash from investing | (57.63) | (33.83) | (49.55) | (19.19) | (62.15) | (1.11) | (0.30) |
| Cash from financing | (90.11) | (178) | (106) | (104) | (10.91) | (177) | (79.29) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 827 | 816 | 639 | 677 | 711 | 760 | 717 | 656 |
| Revenue growth (YoY) | +16.3% | +7.4% | -10.9% | +3.1% | -7.9% | - | - | - |
| Other income | 2.57 | 1.25 | 0.16 | 1.17 | 0.54 | 1.84 | 0.47 | 0.14 |
| EBITDA | 52.57 | 77.47 | 31.77 | (78.12) | 44.89 | 44.69 | 19.20 | 26.68 |
| EBITDA margin | +6.4% | +9.5% | +5.0% | -11.5% | +6.3% | +5.9% | +2.7% | +4.1% |
| Depreciation | 14.34 | 13.96 | 13.82 | 13.72 | 13.68 | 13.39 | 13.50 | 13.22 |
| Interest | 10.95 | 16.75 | 10.82 | 9.83 | 10.23 | 22.67 | 15.89 | 22.05 |
| Profit before tax | 29.85 | 48.01 | 7.29 | (100) | 21.52 | 10.47 | (9.72) | (8.45) |
| Tax | 7.86 | (37.19) | 1.80 | (25.73) | 3.69 | 44.31 | (17.93) | 1.08 |
| Net profit | 21.99 | 85.20 | 5.49 | (74.77) | 17.83 | (33.84) | 8.21 | (9.53) |
| EPS (₹) | 0.37 | 1.42 | 0.10 | (1.32) | 0.30 | (0.64) | 0.18 | (0.25) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,843 | 2,905 | 2,874 | 2,550 | 2,340 | 1,723 | 1,533 |
| Revenue growth | -2.1% | +1.1% | +12.7% | +9.0% | +35.8% | +12.4% | - |
| EBITDA | 76.02 | 133 | 125 | 59.15 | 155 | 142 | 69.00 |
| EBITDA margin | +2.7% | +4.6% | +4.4% | +2.3% | +6.6% | +8.3% | +4.5% |
| Profit before tax | (23.59) | 2.20 | 20.72 | (60.28) | 38.15 | 8.65 | (67.93) |
| Net profit | 135 | (28.72) | 14.35 | (54.00) | 26.64 | 5.05 | (74.58) |
| Net profit margin | +4.8% | -1.0% | +0.5% | -2.1% | +1.1% | +0.3% | -4.9% |
| EPS (₹) | 0.57 | (0.51) | 0.37 | (1.39) | 0.88 | 0.13 | (1.96) |
| Balance sheet | |||||||
| Total assets | 1,351 | 1,242 | 1,364 | 1,368 | 1,445 | 1,350 | 1,441 |
| Net worth | 1,027 | 976 | 580 | 567 | 619 | 584 | 579 |
| Total debt | 320 | 262 | 781 | 799 | 825 | 765 | 860 |
| Cash & bank | 28.03 | 19.95 | 46.86 | 25.35 | 95.25 | 26.58 | 21.85 |
| Net working capital | 432 | 388 | 471 | 453 | 539 | 428 | 459 |
| Cash flow | |||||||
| Cash from operations | 148 | 189 | 170 | 81.03 | 110 | 181 | 73.86 |
| Cash from investing | (58.04) | (33.33) | (51.02) | (17.72) | (62.15) | (4.23) | 2.84 |
| Cash from financing | (89.99) | (178) | (104) | (101) | (10.91) | (177) | (79.18) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 827 | 816 | 639 | 677 | 711 | 760 | 717 | 656 |
| Revenue growth (YoY) | +16.3% | +7.4% | -10.9% | +3.2% | -7.9% | - | - | - |
| Other income | 2.56 | 1.24 | 0.14 | 1.16 | 0.54 | 1.82 | 0.46 | 0.28 |
| Total expenses | 774 | 739 | 607 | 755 | 666 | 716 | 698 | 630 |
| EBITDA | 52.57 | 77.47 | 31.77 | (78.12) | 44.90 | 44.27 | 19.25 | 26.53 |
| EBITDA margin | +6.4% | +9.5% | +5.0% | -11.5% | +6.3% | +5.8% | +2.7% | +4.0% |
| Depreciation | 14.34 | 13.97 | 13.81 | 13.72 | 13.68 | 13.39 | 13.50 | 13.22 |
| Interest | 10.95 | 16.63 | 10.82 | 9.83 | 10.23 | 22.60 | 15.89 | 22.05 |
| Profit before tax | 29.84 | 48.11 | 7.28 | (101) | 21.53 | 10.10 | (9.68) | (8.46) |
| Tax | 7.86 | (37.19) | 1.80 | (25.73) | 3.69 | 44.31 | (17.93) | 1.08 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 827 | 816 | 639 | 677 | 711 | 760 | 717 | 656 |
| Revenue growth (YoY) | +16.3% | +7.4% | -10.9% | +3.1% | -7.9% | - | - | - |
| Other income | 2.57 | 1.25 | 0.16 | 1.17 | 0.54 | 1.84 | 0.47 | 0.14 |
| EBITDA | 52.57 | 77.47 | 31.77 | (78.12) | 44.89 | 44.69 | 19.20 | 26.68 |
| EBITDA margin | +6.4% | +9.5% | +5.0% | -11.5% | +6.3% | +5.9% | +2.7% | +4.1% |
| Depreciation | 14.34 | 13.96 | 13.82 | 13.72 | 13.68 | 13.39 | 13.50 | 13.22 |
| Interest | 10.95 | 16.75 | 10.82 | 9.83 | 10.23 | 22.67 | 15.89 | 22.05 |
| Profit before tax | 29.85 | 48.01 | 7.29 | (100) | 21.52 | 10.47 | (9.72) | (8.45) |
| Tax | 7.86 | (37.19) | 1.80 | (25.73) | 3.69 | 44.31 | (17.93) | 1.08 |
| Net profit | 21.99 | 85.20 | 5.49 | (74.77) | 17.83 | (33.84) | 8.21 | (9.53) |
| EPS (₹) | 0.37 | 1.42 | 0.10 | (1.32) | 0.30 | (0.64) | 0.18 | (0.25) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,843 | 2,905 | 2,874 | 2,550 | 2,340 | 1,723 | 1,533 |
| Revenue growth | -2.1% | +1.1% | +12.7% | +9.0% | +35.8% | +12.4% | - |
| Other income | 3.13 | 3.64 | 38.42 | 15.06 | 3.40 | 0.93 | 2.56 |
| Total expenses | 2,767 | 2,771 | 2,748 | 2,487 | 2,184 | 1,581 | 1,452 |
| Employee cost | 0.00 | 77.52 | 66.51 | 57.80 | 51.46 | 44.28 | 45.34 |
| EBITDA | 76.01 | 134 | 125 | 63.82 | 155 | 142 | 80.47 |
| EBITDA margin | +2.7% | +4.6% | +4.4% | +2.5% | +6.6% | +8.3% | +5.3% |
| Depreciation | 55.18 | 53.75 | 55.41 | 54.08 | 54.47 | 55.49 | 53.79 |
| Interest | 47.62 | 81.18 | 87.68 | 81.99 | 74.17 | 79.25 | 85.61 |
| Profit before tax | (23.66) | 2.56 | 20.69 | (57.19) | 29.91 | 8.47 | (56.37) |
| Tax | (57.42) | 30.92 | 6.35 | (6.58) | 4.22 | 3.59 | 11.31 |
| Net profit | 135 | (28.36) | 14.32 | (50.90) | 25.67 | 4.88 | (66.77) |
| Net profit margin | +4.8% | -1.0% | +0.5% | -2.0% | +1.1% | +0.3% | -4.4% |
| EPS (₹) | 0.56 | (0.50) | 0.37 | (1.31) | 0.67 | 0.13 | (1.76) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 598 | 598 | 417 | 417 | 417 | 417 | 385 |
| Reserves & surplus | 408 | 322 | (119) | (132) | (83.26) | (110) | 176 |
| Shareholders' funds (net worth) | 1,030 | 979 | 582 | 570 | 618 | 592 | 593 |
| Minority interest | 0.28 | 0.29 | 0.29 | 0.30 | 0.32 | 0.34 | 0.35 |
| Secured loans | 220 | 241 | 318 | 364 | 419 | 396 | 516 |
| Unsecured loans | 101 | 21.41 | 464 | 438 | 407 | 370 | 345 |
| Total debt | 321 | 262 | 781 | 801 | 826 | 766 | 861 |
| Total liabilities | 1,355 | 1,246 | 1,366 | 1,373 | 1,446 | 1,359 | 1,455 |
| Assets | |||||||
| Gross block | 1,397 | 1,347 | 1,319 | 1,274 | 1,220 | 1,194 | 1,191 |
| Net block | 793 | 790 | 816 | 826 | 827 | 855 | 906 |
| Capital work in progress | 19.09 | 6.33 | 0.59 | 0.59 | 0.59 | 1.18 | 1.18 |
| Investments | 48.81 | 47.26 | 44.74 | 45.53 | 39.94 | 39.65 | 46.95 |
| Inventories | 586 | 474 | 490 | 484 | 458 | 377 | 526 |
| Sundry debtors | 86.23 | 75.02 | 71.31 | 76.26 | 70.49 | 56.22 | 73.54 |
| Cash & bank balances | 28.84 | 20.76 | 47.20 | 27.16 | 95.54 | 26.87 | 25.18 |
| Loans & advances | 104 | 103 | 127 | 143 | 226 | 121 | 119 |
| Total current assets | 804 | 673 | 736 | 730 | 849 | 581 | 744 |
| Total current liabilities | 372 | 284 | 272 | 275 | 306 | 152 | 282 |
| Net working capital | 432 | 388 | 464 | 455 | 544 | 429 | 463 |
| Total assets | 1,355 | 1,246 | 1,366 | 1,373 | 1,446 | 1,359 | 1,455 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.04 | 26.11 | 10.99 | 48.31 | 11.27 | 11.47 | 13.75 |
| Net cash from operating activities | 148 | 189 | 170 | 85.80 | 110 | 178 | 77.31 |
| Net cash from investing activities | (57.63) | (33.83) | (49.55) | (19.19) | (62.15) | (1.11) | (0.30) |
| Net cash from financing activities | (90.11) | (178) | (106) | (104) | (10.91) | (177) | (79.29) |
| Net change in cash | 0.45 | (22.06) | 15.12 | (37.32) | 37.04 | (0.20) | (2.28) |
| Closing cash | 28.84 | 20.76 | 47.20 | 27.16 | 95.54 | 26.87 | 25.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -2.1% | +1.1% | +12.7% | +9.0% | +35.8% | +12.4% | - |
| EBITDA growth | -43.2% | +6.8% | +96.4% | -58.9% | +9.1% | +76.8% | - |
| PBT growth | - | -87.6% | +9998.0% | - | +253.1% | +9998.0% | -2776.0% |
| Net income growth | +577.4% | -298.0% | +128.1% | -298.3% | +426.0% | +107.3% | - |
| Revenue CAGR (3Y) | +3.7% | +7.5% | +18.6% | +18.5% | +11.9% | +14.1% | +21.8% |
| EBITDA CAGR (3Y) | +6.0% | -4.8% | -4.1% | -7.4% | +6.1% | +11.4% | +2.7% |
| Profitability & leverage | |||||||
| Net income margin | +1.2% | -1.0% | +0.5% | -2.0% | +1.1% | +0.3% | -4.4% |
| Return on capital employed | - | 0.0% | +7.2% | 0.0% | +6.3% | +5.7% | 0.0% |
| Return on net worth | - | 0.0% | +2.1% | 0.0% | +3.1% | +0.7% | 0.0% |
| Debt / equity | - | 0.67 | 1.37 | 1.37 | 1.31 | 1.37 | 1.36 |
| Long-term debt / equity | - | 0.30 | 0.83 | 0.86 | 0.88 | 0.93 | 0.90 |
| Interest cover | 228.61 | 101.35 | 125.35 | 841.79 | 73.67 | 91.31 | 320.88 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 2.18 | 2.22 | 2.05 | 1.94 | 1.44 | 1.29 |
| Inventory turnover | - | 6.02 | 5.90 | 5.42 | 5.61 | 3.82 | 3.41 |
| Debtors turnover | - | 39.71 | 38.95 | 34.76 | 36.93 | 26.56 | 16.66 |
| EPS (₹) | 0.56 | (0.50) | 0.37 | (1.31) | 0.67 | 0.13 | (1.76) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 15.67 | 6.91 | 6.58 | 7.84 | 7.16 | 14.57 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 827 | 816 | 639 | 677 | 711 | 760 | 717 | 656 |
| Revenue growth (YoY) | +16.3% | +7.4% | -10.9% | +3.2% | -7.9% | - | - | - |
| Other income | 2.56 | 1.24 | 0.14 | 1.16 | 0.54 | 1.82 | 0.46 | 0.28 |
| Total expenses | 774 | 739 | 607 | 755 | 666 | 716 | 698 | 630 |
| EBITDA | 52.57 | 77.47 | 31.77 | (78.12) | 44.90 | 44.27 | 19.25 | 26.53 |
| EBITDA margin | +6.4% | +9.5% | +5.0% | -11.5% | +6.3% | +5.8% | +2.7% | +4.0% |
| Depreciation | 14.34 | 13.97 | 13.81 | 13.72 | 13.68 | 13.39 | 13.50 | 13.22 |
| Interest | 10.95 | 16.63 | 10.82 | 9.83 | 10.23 | 22.60 | 15.89 | 22.05 |
| Profit before tax | 29.84 | 48.11 | 7.28 | (101) | 21.53 | 10.10 | (9.68) | (8.46) |
| Tax | 7.86 | (37.19) | 1.80 | (25.73) | 3.69 | 44.31 | (17.93) | 1.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,843 | 2,905 | 2,874 | 2,550 | 2,340 | 1,723 | 1,533 |
| Revenue growth | -2.1% | +1.1% | +12.7% | +9.0% | +35.8% | +12.4% | - |
| Other income | 3.07 | 3.58 | 38.36 | 11.88 | 11.57 | 0.91 | 2.36 |
| Total expenses | 2,767 | 2,772 | 2,748 | 2,491 | 2,184 | 1,581 | 1,464 |
| Employee cost | 0.00 | 77.52 | 66.51 | 57.78 | 51.44 | 44.19 | 45.30 |
| EBITDA | 76.02 | 133 | 125 | 59.15 | 155 | 142 | 69.00 |
| EBITDA margin | +2.7% | +4.6% | +4.4% | +2.3% | +6.6% | +8.3% | +4.5% |
| Depreciation | 55.18 | 53.74 | 55.41 | 54.07 | 54.47 | 55.48 | 53.79 |
| Interest | 47.50 | 81.12 | 87.64 | 77.24 | 74.17 | 79.25 | 85.50 |
| Profit before tax | (23.59) | 2.20 | 20.72 | (60.28) | 38.15 | 8.65 | (67.93) |
| Tax | (57.43) | 30.92 | 6.34 | (6.59) | 4.21 | 3.59 | 7.63 |
| Net profit | 135 | (28.72) | 14.35 | (54.00) | 26.64 | 5.05 | (74.58) |
| Net profit margin | +4.8% | -1.0% | +0.5% | -2.1% | +1.1% | +0.3% | -4.9% |
| EPS (₹) | 0.57 | (0.51) | 0.37 | (1.39) | 0.88 | 0.13 | (1.96) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 598 | 598 | 417 | 417 | 417 | 417 | 417 |
| Reserves & surplus | 405 | 319 | (122) | (134) | (82.88) | (117) | (122) |
| Shareholders' funds (net worth) | 1,027 | 976 | 580 | 567 | 619 | 584 | 579 |
| Secured loans | 220 | 241 | 619 | 362 | 419 | 396 | 516 |
| Unsecured loans | 100 | 20.65 | 162 | 437 | 406 | 369 | 345 |
| Total debt | 320 | 262 | 781 | 799 | 825 | 765 | 860 |
| Total liabilities | 1,351 | 1,242 | 1,364 | 1,368 | 1,445 | 1,350 | 1,441 |
| Assets | |||||||
| Gross block | 1,395 | 1,345 | 1,318 | 1,273 | 1,219 | 1,193 | 1,189 |
| Net block | 792 | 790 | 816 | 826 | 826 | 855 | 906 |
| Capital work in progress | 18.49 | 5.74 | 0.00 | 0.00 | 0.00 | 0.59 | 0.59 |
| Investments | 46.33 | 44.84 | 42.91 | 43.71 | 41.17 | 32.71 | 33.13 |
| Inventories | 586 | 474 | 490 | 484 | 458 | 377 | 524 |
| Sundry debtors | 85.10 | 73.89 | 70.08 | 75.03 | 69.26 | 54.84 | 72.13 |
| Cash & bank balances | 28.03 | 19.95 | 46.86 | 25.35 | 95.25 | 26.58 | 21.85 |
| Loans & advances | 105 | 104 | 133 | 144 | 222 | 121 | 120 |
| Total current assets | 804 | 672 | 740 | 728 | 844 | 579 | 738 |
| Total current liabilities | 372 | 284 | 270 | 275 | 305 | 151 | 278 |
| Net working capital | 432 | 388 | 471 | 453 | 539 | 428 | 459 |
| Total assets | 1,351 | 1,242 | 1,364 | 1,368 | 1,445 | 1,350 | 1,441 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3.76 | 25.78 | 10.67 | 48.05 | 11.00 | 11.25 | 13.73 |
| Net cash from operating activities | 148 | 189 | 170 | 81.03 | 110 | 181 | 73.86 |
| Net cash from investing activities | (58.04) | (33.33) | (51.02) | (17.72) | (62.15) | (4.23) | 2.84 |
| Net cash from financing activities | (89.99) | (178) | (104) | (101) | (10.91) | (177) | (79.18) |
| Net change in cash | (0.06) | (22.02) | 15.12 | (37.38) | 37.04 | (0.25) | (2.47) |
| Closing cash | 28.03 | 19.95 | 46.86 | 25.35 | 95.25 | 26.58 | 21.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -2.1% | +1.1% | +12.7% | +9.0% | +35.8% | +12.4% | - |
| EBITDA growth | -43.1% | +6.4% | +112.0% | -61.9% | +9.0% | +106.5% | - |
| PBT growth | - | -89.4% | +9998.0% | - | +341.0% | +9998.0% | -3383.6% |
| Net income growth | +571.7% | -300.1% | +126.6% | -302.7% | +427.5% | +106.8% | - |
| Revenue CAGR (3Y) | +3.7% | +7.5% | +18.6% | +18.5% | +11.9% | +14.1% | +21.8% |
| EBITDA CAGR (3Y) | +8.7% | -4.9% | -4.2% | -5.0% | +6.1% | +11.4% | -2.5% |
| Profitability & leverage | |||||||
| Net income margin | +1.2% | -1.0% | +0.5% | -2.1% | +1.5% | +0.3% | -4.9% |
| Return on capital employed | - | 0.0% | +7.2% | 0.0% | +6.3% | +5.7% | 0.0% |
| Return on net worth | - | 0.0% | +2.1% | 0.0% | +3.2% | +0.7% | 0.0% |
| Debt / equity | - | 0.67 | 1.38 | 1.37 | 1.32 | 1.40 | 1.40 |
| Long-term debt / equity | - | 0.21 | 0.72 | 0.86 | 0.89 | 0.95 | 0.92 |
| Interest cover | 227.93 | 101.73 | 125.20 | 1,520.47 | 73.62 | 91.10 | 562.13 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 2.18 | 2.22 | 2.05 | 1.94 | 1.45 | 1.29 |
| Inventory turnover | - | 6.02 | 5.90 | 5.42 | 5.61 | 3.83 | 3.42 |
| Debtors turnover | - | 40.36 | 39.61 | 35.35 | 37.70 | 27.14 | 16.79 |
| EPS (₹) | 0.57 | (0.51) | 0.37 | (1.39) | 0.88 | 0.13 | (1.96) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 15.62 | 6.84 | 6.52 | 7.85 | 6.95 | 6.82 |
To see the full year-wise statements and ratios of MSP Steel & Power Limited, buy the company report.
Board of directors of MSP Steel & Power Limited
MSP Steel & Power has 8 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
MSP Steel & Power Limited is audited by Singhi & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhi & Co. | FY 2025 | 302049E |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 45.10%, foreign institutional investors hold 1.20%, domestic institutional investors hold 15.80% and retail and other public shareholders hold 37.90%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 45.10% | 40.20% | 37.70% | 35.20% |
| Public | 54.90% | 59.80% | 62.30% | 64.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2026 | 101345375 | Indian Overseas Bank | ₹3.5 Cr | Open | |
| 12 Jun 2026 | 101322893 | Others | ₹8.7 Cr | Open | |
| 27 Mar 2024 | 100904202 | Sbicap Trustee Company Limited | ₹529.65 Cr | Open | |
| 27 Mar 2024 | 100904280 | Sbicap Trustee Company Limited | ₹84.2 Cr | Open | |
| 25 Feb 2014 | 10482710 | Allahabad Bank | ₹26 Cr | Open |
To see the full charge records of MSP Steel & Power Limited, buy the company report.
Total charge records: 51 View all charges
Deals & funding
MSP Steel & Power Limited has 21 deals on record (20 market trades, 1 ipo); the latest was in November 2023.
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Market trade | ₹12.45 Cr | Buyer: Mansi Share And Stock Advisors Pvt Ltd, Multiplier Share and Stock Advisors Private Limited Seller: Pragya Mercantile Pvt Ltd |
| Sep 2011 | Market trade | ₹6 Cr | Buyer: Kamal Kumar Jalan Sec. Pvt. Ltd, RKSV Securities India Private Limited Seller: Kamal Kumar Jalan Sec. Pvt. Ltd, RKSV Securities India Private Limited |
| Apr 2011 | Market trade | ₹4.08 Cr | Buyer: Thomson and Wyman Enterprises Private Limited Seller: S.K.Fintex Pvt Ltd |
| Oct 2010 | Market trade | ₹2.12 Cr | Buyer: an individual Seller: Shree Vinay Finvest Pvt Ltd |
| Oct 2010 | Market trade | ₹2.15 Cr | Seller: Metalite Fuel Industries Ltd |
To see the full deal history of MSP Steel & Power Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
MSP Steel & Power Limited has 109 court cases on record: 92 filed by MSP Steel & Power, 17 filed against it. 33 cases are pending and 76 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 79 | 8 | 21 |
| District courts | 24 | 8 | 11 |
| NCLT | 4 | 0 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 109)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Amaravati | Court case (RCP(IB)) | Filed by the company against Aditya Steel Rolling Mills Pvt. Ltd | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against M/S New Modern Technomech Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against M/S. Aditya Steel Rolling Mills Pvt. Ltd. and 2 others | Pending |
| High Court | Civil suit | Filed against the company by India Industrial Enterprises Pvt. Ltd. | Pending |
| NCLT, NCLT Amaravati | Court case (Rst.A (IBC)) | Filed by the company against Aditya Steel Rolling Mills Pvt. Ltd. | Disposed |
To see the full case history of MSP Steel & Power Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
MSP Steel & Power Limited was last rated by Care on 07 Jul 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Jul 2022 |
To see the full credit ratings and regulatory alerts of MSP Steel & Power Limited, buy the company report.
MSME payment delays
MSP Steel & Power Limited has 14 MSME Form 1 returns on record between 2018 and 2024, listing 315 overdue payments to 107 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 107)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Universal Survey and Analysis Services Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Clariant Power System Limited |
To see the full MSME payment records of MSP Steel & Power Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
MSP Steel & Power has 3 subsidiary companies and 1 joint venture. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Prateek Mines & Minerals Pvt Ltd | U14219WB2006PTC112186 | |
| MSP Cement Limited | U26940CT2008PLC002120 | |
| AA Ess Tradelinks Pvt Ltd | U51109WB1995PTC072185 |
To see the full group structure of MSP Steel & Power Limited, buy the company report.
Employees & EPFO
MSP Steel & Power Limited has a workforce of 1,198 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,198 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of MSP Steel & Power Limited, buy the company report.
GST
MSP Steel & Power has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCA2756N1ZB | West Bengal | Active | 01 Jul 2017 |
| 19AACCA2756N2ZA | West Bengal | Active | 02 Sep 2017 |
| 22AACCA2756N2ZN | Chattisgarh | Active | 01 Jul 2017 |
| 21AACCA2756N2ZP | Odisha | Active | 20 Mar 2020 |
To see the full GST registrations and return filing status of MSP Steel & Power Limited, buy the company report.
Recent activity
MSP Steel & Power Limited has 22 board changes on record since 2003: 8 appointments and 14 cessations. The latest: Anbhav Goenka was appointed as Director on 08 Aug 2024.
112 earlier events are in the company report.
News
Frequently asked questions
MSP Steel & Power is an active public limited company based in Kolkata, West Bengal, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 18 November 1968 (58+ years old) and is registered under CIN L27109WB1968PLC027399. Listed on BSE: 532650 and NSE: MSPL.
MSP Steel & Power reported revenue of ₹2,842.96 Cr for FY 2025-26 (down 2.1% YoY) based on consolidated financials.
MSP Steel & Power has 8 current directors:
- Saket Agrawal - Managing Director
- Manish Agrawal - Managing Director
- Suneeta Mohanty - Director
- Pradip Dey - Director
- Suresh Kumar Agrawal - Director
- Anbhav Goenka - Director
- Pranab Kumar Chakrabarty - Director
- Pramode Kumar Pandey - Director
The latest financial statements of MSP Steel & Power on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of MSP Steel & Power is 19AACCA2756N1ZB, registered in West Bengal. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 19AACCA2756N2ZA (West Bengal), 22AACCA2756N2ZN (Chattisgarh), 21AACCA2756N2ZP (Odisha).
The CIN (Corporate Identification Number) of MSP Steel & Power is L27109WB1968PLC027399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. MSP Steel & Power is a listed company as per MCA records. Its shares are listed on both BSE (code: 532650) and NSE (symbol: MSPL).
MSP Steel & Power has 109 court cases on record: 92 filed by the company and 17 filed against it. 33 are pending. Most are in the high courts.
MSP Steel & Power was incorporated on 18 November 1968, making it 58+ years old. It is registered with the Registrar of Companies, Kolkata.
MSP Steel & Power has 21 deals on record (20 market trades, 1 ipo); the latest was in November 2023.
Anbhav Goenka was appointed as Director on 08 Aug 2024. Pramode Kumar Pandey was appointed as Director on 08 Aug 2024. Pranab Kumar Chakrabarty was appointed as Director on 08 Aug 2024. MSP Steel & Power has 22 board changes on record in total.

