MSTC Ltd Share Price

Scrap Is Becoming a Strategic Resource

As India expands its manufacturing base, the focus isn't just on producing more metals but also on recovering them efficiently. Recycling requires significantly less energy than primary production and is becoming increasingly important for industries looking to reduce costs and improve resource efficiency. If this trend accelerates, companies involved in metal recycling and secondary metal production could see sustained tailwinds.

MSTC : Consolidated Financial Highlights:

Total Income for Q4FY26 was Rs 15,036.89 lakh, representing a QoQ increase of 40.92% from Rs 10,670.61 lakh in Q3FY26, and a YoY increase of 34.22% compared to Rs 11,202.87 lakh in Q4FY25. Revenue from operations for Q4FY26 stood at Rs 11,879.72 lakh, showing a growth of 34.34% QoQ and 33.70% YoY. Net Profit for Q4FY26 reached Rs 7,722.37 lakh, marking a QoQ growth of 50.33% from Rs 5,136.78 lakh and a marginal YoY growth of 2.26% from Rs 7,551.49 lakh. For the full year FY26, Total Income reached Rs 45,303.69 lakh, recording a YoY increase of 16.91% from Rs 38,750.20 lakh in FY25. Revenue from operations for FY26 was Rs 36,965.66 lakh, up 18.88% YoY compared to Rs 31,095.96 lakh in FY25. Net Profit for the full year FY26 stood at Rs 21,843.32 lakh, reflecting a YoY decrease of 46.34% from Rs 40,707.21 lakh in FY25.

The Scrap Economy Is Quietly Expanding

Everyone tracks steel production. Few track what happens to steel after it's used. With India's vehicle fleet, appliances and infrastructure aging, the availability of scrap is steadily rising. The government's push for a circular economy and formal vehicle scrappage is creating a long-term opportunity in metal recycling and secondary steel. Companies like

MSTC Ltd: High-Volume Base Breakout After a Long Consolidation

MSTC Ltd – Key Updates Dividend Declared: The Board approved a final dividend of ₹8.10 per share (81%) for FY25‑26. Business Diversification: MSTC is expanding into travel agency and tourism services, adding this to its Memorandum of Association. E‑Auctions: The company is conducting mineral block auctions in Odisha and Bihar (sand, morrum, stone, limestone, magnetite). Q4 FY26 Results: Revenue: ₹150.37 crore (+40.9% QoQ) Net Profit: ₹77.22 crore (+50.3% QoQ) EPS: ₹10.97 Compliance: Filed its Annual Secretarial Compliance Report; settled a minor fine with BSE. Upcoming AGM: Scheduled for September 24, 2026, via video conferencing. 📊 Market Snapshot (June 9, 2026) Current Price: ₹544 Market Cap: ~₹3,800 crore 52‑Week Range: ₹310 – ₹550 Dividend Yield: ~1.5% Status: Mini Ratna PSU under the Ministry of Steel ⚙️ Investor Takeaway MSTC’s strong FY26 earnings, steady e‑auction business, and diversification into travel‑tech services highlight its push toward digital expansion. With the stock trading near its 52‑week high, investors see it as a stable PSU play with moderate upside and attractive dividends.

MSTC Ltd following recent corporate actions and strong FY26 results. The company announced a final dividend of ₹8.10 per share and plans to expand its business scope into travel and tourism services via web platforms. MSTC continues to conduct major e-auctions for mineral blocks in Odisha and Bihar. 📊 MSTC Ltd – Market & Financial Snapshot Metric Latest Value Change Period Share Price (NSE) ₹446.45 -1.07% June 3, 2026 Market Cap ~₹3,150 crore — FY26 Revenue (Q4 FY26) ₹150.37 crore +40.9% QoQ Mar 2026 Net Profit (Q4 FY26) ₹77.22 crore +50.3% QoQ Mar 2026 EPS (Q4 FY26) ₹10.97 +50.3% QoQ Mar 2026 Dividend Declared ₹8.10/share (81%) Final FY25–26 May 29, 2026 📰 Latest Corporate Announcements Board Meeting (May 29, 2026): Approved audited financial results for FY25–26 and recommended final dividend of ₹8.10 per share. New Business Expansion: Preliminary consent granted to add travel agency and tourism services to its Memorandum of Association (MoA). Investor Presentation (May 30, 2026): Highlighted strong growth in e-commerce and trading verticals. Compliance Updates: Annual Secretarial Compliance Report filed for FY26; fine imposed by BSE for minor delay in quarterly submission. Upcoming AGM: Scheduled for September 24, 2026, via video conferencing. 🏗️ Operational Highlights E-Auctions in Odisha (June–July 2026): MSTC conducting auctions for sand, morrum, and stone blocks across 13 districts. Bihar Mining Leases: Active e-auctions for limestone and magnetite blocks on behalf of the Department of Mines & Geology. Digital Expansion: Strengthening its MSTC e-commerce platform for government and private clients under the Ministry of Steel. 📈 Investor Outlook Short-Term View: Mild correction amid broader PSU volatility; dividend yield supports downside protection. Medium-Term View: Strong fundamentals, expanding digital auction footprint, and diversification into travel-tech could drive re-rating. Key Levels: Support near ₹430; resistance around ₹465.