MSTC Ltd
MSTCLTDMSTC Ltd's price has outrun its earnings. +40.0% in a year against EPS −46.3% — the market is paying now for delivery later.
The sharpest disagreement: profits are rising, but only −6% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a confirmed uptrend (12 weeks in) while the P/E sits at the 78th percentile of its own 7-year range. Underneath, the last four quarters read improving — profit +38.1% year on year, and −6% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
MSTC Ltd trades at ₹738, in a confirmed uptrend and 12 weeks into that stage. That is +29.5% against its own 200-day average. It sits at 100% of a 52-week range of ₹381 to ₹738. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 21 straight weeks.
Today the stock is in a confirmed uptrend — week 12 of stage 2, confirmed. At ₹738 it trades +29.5% versus its 200-day average and sits at 100% of its 52-week range (₹381–₹738).
Against the market, two honest reads. Cumulative: over the last 7.4 years the stock moved +601% while the NIFTY 500 moved +138% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 21 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
MSTC Ltd trades at 22.2× P/E, at the pricey end of its own range (78th percentile). Its long-run median P/E is 15.3×, measured across 7.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 22.2× is at the pricey end of its own range (78th percentile), against a long-run median of 15.3× measured over 7.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year annual EPS moved −46.3% against a +40.0% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the +19.5%/yr price move, ~+9.4%/yr came from earnings growth and ~+10.1 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources disagree by up to 218% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.
Solved at its 13 June 2026 price, MSTC Ltd was paying for profit growth of about 9.0% a year. Today the market pays 22.2× P/E, the 78th percentile of its own 7-year range.
What the two numbers say together. The multiple is full against its own past, and the growth the price is paying for is the whole of what a buyer is backing.
How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.
Stage: Topping out Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
MSTC Ltd reads as topping out on its fundamental arc. Topping out — profit and EPS growth have decelerated hard (profit growth +113.5% at its peak → −42.9% latest) while ROCE still reads 30.0%. The read is built from 8 quarters across 4 curves, on partial evidence.
Why it matters: decelerating from a peak is where good stories quietly end — the multiple usually notices late.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +19.0% | −19.9% | −13.9% | −19.5% |
| Profit | −46.4% | −3.4% | +14.0% | — |
| EPS | −46.3% | −3.4% | +14.1% | — |
| Share price | +40.0% | +21.6% | +19.5% | — |
4-Factor Sector Score
58.3/100 — rank 3 of 13 in E-Commerce - Platform - Utility · 76% evidence confidence
MSTC Ltd scores 58.3 out of 100 against the 13 companies it is compared with in E-Commerce - Platform - Utility, ranking 3. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 18.8 + 20.1 + 9.1 + 10.3 = 58.3. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
MSTC Ltd reported ₹94.0 Cr of revenue in the Jun 26 quarter, +22.1% year on year. That is the 5th straight quarter of year-on-year growth. Over 10 years it has compounded at −19.5% a year. The last full year, FY26, came in at ₹370 Cr. The last four reported quarters add to ₹386 Cr.
FY26 revenue came in at ₹370 Cr (+19.0% on the year), capping 10 years at −19.5% compound. The latest quarter (Jun 26) printed ₹94.0 Cr, +22.1% year on year — the 5th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +20.6% growth against the decade's −19.5% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +21.0% over the last 4 quarters against −15.0%/yr over the last 8 — accelerating; TTM profit −42.9% vs +10.4%/yr — rolling over.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
MSTC Ltd's operating margin is 61.0% in the Jun 26 quarter, +5.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 13 fiscal years the operating margin has ranged −14.0% to 59.0%. The current quarter is running above every full year in that window.
The latest quarter's operating margin is 61.0%, +5.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −14.0%–59.0%, and FY26's 59.0% is the top of that band — a record year.
Why the margin moved: operating margin went +4.9 pp year on year while gross margin went +0.0 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
MSTC Ltd earned ₹58.0 Cr of net profit in the Jun 26 quarter, +38.1% year on year. It is the 2nd consecutive quarter of growth. Full-year FY26 profit was ₹218 Cr. That is 61.7% of the quarter's revenue. The same quarter a year earlier earned ₹42.0 Cr.
Jun 26 profit was ₹58.0 Cr, +38.1% year on year — the 2nd consecutive quarter of growth. On the full year, FY26 printed ₹218 Cr (−46.4%).
Why profit moved: revenue contributed +22.1% and the margin +5.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit −5.8% vs revenue +20.6%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years −6% of MSTC Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−28.0 Cr of operating cash against ₹218 Cr of profit. After ₹151 Cr of capital spending, ₹−179 Cr was left as free cash. Cash resolution here is annual, because quarterly cash statements are not published.
FY26: operating cash of ₹−28.0 Cr against reported profit of ₹218 Cr, leaving free cash of ₹−179 Cr after ₹151 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −6% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at −6%: the cash cycle stretched 519 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: conversion is below par and the cash cycle has stretched 519 days — the next section's job is to find where the cash is stuck.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
MSTC Ltd's cash conversion cycle runs 224 days in FY26, up from −295 days in FY21. Capital spending ran ₹91.0 Cr over the last 3 years. At FY26 sales of ₹370 Cr each day of that cycle holds about ₹1.0 Cr, so roughly ₹227 Cr sits inside the business at any moment.
FY26: debtors at 224 days (an asset-light business — no inventory to speak of) — for a full cycle of 224 days, looser than FY21's −295.
In money terms: at FY26 sales of ₹370 Cr, each day of the cycle holds about ₹1.0 Cr — so the 224-day loop keeps roughly ₹227 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹91.0 Cr over the last 3 fiscal years against ₹26.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
MSTC Ltd earns a ROCE of 30% in FY26. That is up from a trough of −14% in FY19. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 58.9% net margin on 0.18× asset turns.
FY26 ROCE is 30%, recovered from a FY19 trough of −14% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 58.9% net margin × 0.18× asset turns × 2.22× balance-sheet leverage ≈ 23.5% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.
The quarterly return curves and the return-on-invested-capital overlay, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 218% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
MSTC Ltd carries ₹145 Cr of borrowings against ₹904 Cr of equity in FY26, a debt-to-equity of 0.16. Over 5 years borrowings went from ₹154 Cr to ₹145 Cr. Capital spending ran ₹91.0 Cr across the last 3 of those years.
FY26: borrowings of ₹145 Cr against equity of ₹904 Cr — a debt-to-equity of 0.16. Over 5 years borrowings went from ₹154 Cr to ₹145 Cr while capital spending ran ₹91.0 Cr in just the last 3 — the build-out is being paid for out of cash, not debt.
The total-debt and debt-to-equity series, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 218% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of MSTC Ltd moved a full percentage point over the last two years — the register is quiet. Domestic institutions moved −0.6 points over the same window, to 1.3%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: −0.8 points over 8 quarters to 4.9%; Domestic institutions: −0.6 points over 8 quarters to 1.3%; Promoters: +0.0 points over 8 quarters to 64.8%.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
MSTC Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Creative Newtech LtdCNL | 70.7/100Favorable setup87% evidence | LEADER | 28.2/35 Revenue 49.2% · PAT 37% · OPM change 2 pp 95% evidence | 12.2/25 ROCE 18.8% · OPM 5% 95% evidence | 10.3/20 P/E 22.8× · PEG — 50% evidence | 20.0/20 RS sector 29.6% · RS bench 51.2% · 1Y 75.3%12 of 12 weeks ahead 100% evidence |
| Exact sum: 28.2 + 12.2 + 10.3 + 20 = 70.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2MPS LtdMPSLTD | 64.5/100Mixed-positive evidence94% evidence | BREAKING OUT | 20.7/35 Revenue 10% · PAT 19% · OPM change 7 pp 100% evidence | 22.0/25 ROCE 38.7% · OPM 34% 100% evidence | 12.9/20 P/E 24.4× · PEG 0.43 100% evidence | 8.9/20 RS sector -13.2% · RS bench 31.1% · 1Y 16.1%10 of 10 weeks ahead 70% evidence |
| Exact sum: 20.7 + 22 + 12.9 + 8.9 = 64.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3MSTC Ltdthis pageMSTCLTD | 58.3/100Mixed-positive evidence76% evidence | BREAKING OUT | 18.8/35 Revenue 21% · PAT -42.9% · OPM change 5 pp 95% evidence | 20.1/25 ROCE 30.3% · OPM 61% 76% evidence | 9.1/20 P/E 22.2× · PEG — 50% evidence | 10.3/20 RS sector -5.3% · RS bench 42.9% · 1Y 47.5%10 of 10 weeks ahead 70% evidence |
| Exact sum: 18.8 + 20.1 + 9.1 + 10.3 = 58.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4RNFI Services LtdRNFI | 58.3/100Mixed-positive evidence74% evidence | TURNING | 19.7/35 Revenue 6.5% · PAT 34.1% · OPM change -0.8 pp 95% evidence | 16.1/25 ROCE 27.3% · OPM 3.9% 95% evidence | 10.1/20 P/E 30.3× · PEG — 15% evidence | 12.4/20 RS sector 2.6% · RS bench 14.8% · 1Y 12.4%2 of 10 weeks ahead 70% evidence |
| Exact sum: 19.7 + 16.1 + 10.1 + 12.4 = 58.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Macfos Ltd543787 | 56.8/100Mixed-positive evidence75% evidence | FADING | 16.8/35 Revenue 21.1% · PAT 43.1% · OPM change -1.9 pp 95% evidence | 18.5/25 ROCE 34.2% · OPM 10.6% 76% evidence | 9.9/20 P/E 43.2× · PEG — 15% evidence | 11.6/20 RS sector 5.2% · RS bench 24.6% · 1Y 64.6%8 of 12 weeks ahead 100% evidence |
| Exact sum: 16.8 + 18.5 + 9.9 + 11.6 = 56.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Indiamart Intermesh LtdINDIAMART | 55.4/100Mixed-positive evidence100% evidence | ASLEEP | 16.9/35 Revenue 12.7% · PAT -16.6% · OPM change 0 pp 100% evidence | 19.8/25 ROCE 28% · OPM 32% 100% evidence | 18.7/20 P/E 20.7× · PEG 0.68 100% evidence | 0.0/20 RS sector -30.9% · RS bench -18.6% · 1Y -33.7%0 of 12 weeks ahead 100% evidence |
| Exact sum: 16.9 + 19.8 + 18.7 + 0 = 55.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7Pine Labs LtdPINELABS | 55.4/100Mixed-positive evidence63% evidence | BREAKING OUT | 28.9/35 Revenue 19.5% · PAT 100% · OPM change 6 pp 100% evidence | 7.7/25 ROCE 4.2% · OPM 13% 100% evidence | 8.8/20 P/E 180× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —4 of 10 weeks ahead 0% evidence |
| Exact sum: 28.9 + 7.7 + 8.8 + 10 = 55.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8One 97 Communications LtdPAYTM | 53.6/100Mixed-positive evidence87% evidence | BREAKING OUT | 26.1/35 Revenue 22.6% · PAT 100% · OPM change 4.2 pp 100% evidence | 5.1/25 ROCE 5% · OPM 8% 100% evidence | 6.3/20 P/E 143× · PEG 2.42 65% evidence | 16.1/20 RS sector 12.8% · RS bench 47% · 1Y 44.1%9 of 10 weeks ahead 70% evidence |
| Exact sum: 26.1 + 5.1 + 6.3 + 16.1 = 53.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 9Info Edge (India) LtdNAUKRI | 50.7/100Mixed-positive evidence75% evidence | BREAKING OUT | 21.7/35 Revenue 13.8% · PAT 37.1% · OPM change 6 pp 95% evidence | 9.8/25 ROCE 3.5% · OPM 39% 76% evidence | 9.6/20 P/E 55× · PEG — 15% evidence | 9.6/20 RS sector -8.1% · RS bench 7.2% · 1Y -7.1%10 of 12 weeks ahead 100% evidence |
| Exact sum: 21.7 + 9.8 + 9.6 + 9.6 = 50.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10TBO Tek LtdTBOTEK | 45.9/100Mixed-negative evidence87% evidence | BREAKING OUT | 17.0/35 Revenue 69% · PAT 14.2% · OPM change 1 pp 100% evidence | 14.1/25 ROCE 18.3% · OPM 15% 100% evidence | 4.3/20 P/E 67.8× · PEG 6.18 65% evidence | 10.5/20 RS sector -2.5% · RS bench 17.1% · 1Y 8.9%10 of 10 weeks ahead 70% evidence |
| Exact sum: 17 + 14.1 + 4.3 + 10.5 = 45.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 11Just Dial LtdJUSTDIAL | 33.9/100Adverse evidence87% evidence | BREAKING OUT | 6.6/35 Revenue 7.3% · PAT -16.6% · OPM change -2 pp 100% evidence | 10.5/25 ROCE 7% · OPM 27% 100% evidence | 11.1/20 P/E 10.9× · PEG 1.83 65% evidence | 5.7/20 RS sector -20.6% · RS bench 3.5% · 1Y -18.9%9 of 10 weeks ahead 70% evidence |
| Exact sum: 6.6 + 10.5 + 11.1 + 5.7 = 33.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 12One Mobikwik Systems LtdMOBIKWIK | 31.8/100Adverse evidence66% evidence | TURNING | 16.1/35 Revenue 2.7% · PAT 92% · OPM change 18.1 pp 71% evidence | 2.2/25 ROCE -2.3% · OPM 2.9% 95% evidence | 8.5/20 P/E 562× · PEG — 15% evidence | 5.0/20 RS sector -13.8% · RS bench -2% · 1Y -28.6%2 of 10 weeks ahead 70% evidence |
| Exact sum: 16.1 + 2.2 + 8.5 + 5 = 31.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 13Urban Company LtdURBANCO | 28.8/100Adverse evidence65% evidence | BREAKING OUT | 7.3/35 Revenue 39.6% · PAT -80% · OPM change -14.4 pp 100% evidence | 0.5/25 ROCE -7.8% · OPM -18% 100% evidence | 10.0/20 P/E — · PEG — 0% evidence | 11.0/20 RS sector — · RS bench 23.9% · 1Y -9.7%5 of 10 weeks ahead 25% evidence |
| Exact sum: 7.3 + 0.5 + 10 + 11 = 28.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is MSTC Ltd's share price today?
MSTC Ltd trades at ₹738, +40.0% over the past year. The company is valued at ₹5,199 Cr. The stock sits at the very top of its 52-week range (₹381–₹738), +29.5% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 12 weeks in. — as of 11 September 2026.
What were MSTC Ltd's latest quarterly results?
MSTC Ltd reported revenue of ₹94.0 Cr and net profit of ₹58.0 Cr for the Jun 26 quarter. Revenue rose 22.1% and profit rose 38.1% year on year. Earnings per share were ₹8.27. The operating margin was 61.0%, 5.0 pp higher than a year earlier. — as of 11 September 2026.
What is MSTC Ltd's revenue?
MSTC Ltd reported revenue of ₹94.0 Cr in the Jun 26 quarter, +22.1% year on year. For the full FY26 fiscal year, revenue was ₹370 Cr (+19.0%). Over the last 10 years revenue compounded at −19.5% a year. — as of 11 September 2026.
What is MSTC Ltd's profit?
MSTC Ltd earned ₹58.0 Cr of net profit in the Jun 26 quarter, +38.1% year on year — the 2nd straight quarter of growth. Full-year FY26 profit was ₹218 Cr. The operating margin ran 61.0% in the latest quarter. — as of 11 September 2026.
What is MSTC Ltd's market cap?
MSTC Ltd's market capitalisation is ₹5,199 Cr at a share price of ₹738. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.
What is MSTC Ltd's P/E ratio?
MSTC Ltd trades at a P/E of 22.2×, at the 78th percentile of its own 7-year range, against a long-run median of 15.3×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.
Does MSTC Ltd pay a dividend?
Yes — MSTC Ltd's dividend payout was 51% of profit in FY26, and it recorded a payout in 9 of its last 13 reported fiscal years. 2 of those years show a negative ratio because profit itself was negative. This page holds the payout ratio, not a per-share amount. — as of 11 September 2026.
Is MSTC Ltd overvalued?
On its own history, MSTC Ltd looks expensive: its P/E of 22.2× sits at the 78th percentile of its 7-year range (long-run median 15.3×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 11 September 2026.
Is MSTC Ltd growing?
Yes — MSTC Ltd is growing: latest-quarter revenue +22.1% year on year, profit +38.1%, and the margin +5.0 pp at 61.0%. The earnings engine currently reads: improving — as of 11 September 2026.
How is MSTC Ltd performing?
MSTC Ltd is in a confirmed uptrend, 12 weeks in. Its latest quarter's revenue rose 22.1% and profit rose 38.1% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 21 weeks. This describes what the data did, not a rating. — as of 11 September 2026.
What stage is MSTC Ltd in?
Topping out — profit and EPS growth have decelerated hard (profit growth +113.5% at its peak → −42.9% latest) while ROCE still reads 30.0%. The read comes from the last 12 quarters of growth (revenue growth +21.0% latest, profit growth −42.9% latest, eps growth −42.9% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 11 September 2026.
Is MSTC Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 12 of stage 2), trading +29.5% versus its 200-day average and at the very top of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.
Is MSTC Ltd beating the market?
On recent form, yes — MSTC Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 21 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 7.4 years the stock moved +601% against the NIFTY 500's +138% — ahead of the index over the full window. — as of 11 September 2026.
Will MSTC Ltd's share price go up?
This page publishes no price forecast for MSTC Ltd. What it measures instead: the share price is ₹738, the price is in a confirmed uptrend 12 weeks in. Its P/E of 22.2× sits at the 78th percentile of its own 7-year range. — as of 11 September 2026.
Who owns MSTC Ltd?
Promoters hold 64.8% of MSTC Ltd, foreign institutions 4.9%, domestic institutions 1.3% and the public 29.1% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 11 September 2026.
Does MSTC Ltd have too much debt?
No — MSTC Ltd's debt-to-equity is 0.16, and operating profit covers the interest bill 3×. FY26 borrowings were ₹145 Cr against equity of ₹904 Cr. The returns on this page are earned, not borrowed — as of 11 September 2026.
What is MSTC Ltd's capex?
MSTC Ltd spent ₹91.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹151 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 11 September 2026.
What is MSTC Ltd's cash flow?
MSTC Ltd consumed ₹28.0 Cr of operating cash in FY26 — cash flowed out rather than in (free cash flow: ₹−179 Cr). Operating cash was negative while the company reported a profit of ₹218 Cr. Cash-flow resolution for India is annual. — as of 11 September 2026.
Is MSTC Ltd's profit real cash?
No — operating cash was negative over the last 3 fiscal years: MSTC Ltd consumed cash while reporting profit. In FY26, operating cash was ₹−28.0 Cr against reported profit of ₹218 Cr. Cash-flow resolution is annual — as of 11 September 2026.
Where is MSTC Ltd in its business cycle?
MSTC Ltd's FY26 operating margin was 59.0%, against a 13-year band of −14.0%–59.0%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 61.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.
What growth does MSTC Ltd's price assume?
At its price on 13 June 2026, MSTC Ltd was priced for profit growth of about 9.0% a year. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.
What could break the MSTC Ltd story?
The sharpest disagreement: profits are rising, but only −6% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.
Is MSTC Ltd a stock worth studying right now?
This is not investment advice. The machine read: MSTC Ltd's price has outrun its earnings. +40.0% in a year against EPS −46.3% — the market is paying now for delivery later. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.
Not SEBI Registered !! Not Investment advice !!