MSTC
502.00
+0.80(+0.16%)
Market Cap₹3,534.08 Cr
PE Ratio8.49
Company Performance:
1D+0.16%
1M+3.92%
6M+6.81%
1Y-10.45%
5Y+46.19%
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More news about MSTC
29Oct 25
MSTC Secures E-Auction Agreement with Karnataka State Excise Department for Liquor Licenses
MSTC Limited, a Government of India enterprise, has signed an agreement with Karnataka's State Excise Department to conduct electronic auctions for liquor shop licenses. The contract, domestic in scope, will remain valid until terminated by either party. MSTC will earn a commission based on the highest bid value. This partnership aims to digitalize and streamline the liquor retail licensing process in Karnataka, potentially enhancing transparency and revenue generation. MSTC confirmed no related party transactions or promoter interests are involved in this agreement.
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15Sept 25
MSTC Tapped for EPR Certificate Trading Platform by Central Pollution Control Board
The Central Pollution Control Board (CPCB) has recommended MSTC Ltd to develop and operate an Electronic Trading Platform (ETP) for Extended Producer Responsibility (EPR) certificates. This platform will serve as a marketplace for EPR certificates, crucial for environmental compliance in India. The initiative aims to streamline and digitize environmental responsibilities for producers, potentially opening a new revenue stream for MSTC while enhancing efficiency and transparency in environmental regulation compliance.
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12Sept 25
MSTC Limited Secures Recommendation for EPR Certificate Trading Platform Development
MSTC Limited has been recommended by the Central Pollution Control Board's Tender Committee to develop and operate an Electronic Trading Platform for Extended Producer Responsibility Certificates. The project involves designing and operating a National EPR Certificate Trading Platform, with revenue based on commission from traded certificates. The exact engagement period and financial impact are yet to be determined. MSTC confirmed no promoter group interest or related party transactions in this recommendation.
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18Aug 25
Government Unveils Draft Vehicle Scrapping Rules, MSTC Ltd. in Focus
The Indian government has released a draft notification outlining new vehicle scrapping rules, initiating a 30-day public consultation period. This development puts MSTC Ltd., a public sector company operating in the vehicle scrapping sector, in the spotlight. The proposed regulations could significantly impact the automotive and recycling industries, addressing environmental standards, vehicle deregistration procedures, and recycling guidelines. Stakeholders are encouraged to review and provide feedback on the draft rules.
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13Aug 25
MSTC Limited Reports 9% Revenue Growth in Q1, Appoints New Secretarial Auditor
MSTC Limited, a Government of India enterprise, announced Q1 financial results with total income of ₹9,365.88 crore, up 9% year-over-year. Net profit increased 9.5% to ₹4,432.31 crore. E-commerce segment was the primary revenue driver, contributing ₹8,956.85 crore. The company appointed M/s. Basu and Associates as Secretarial Auditor for five years, subject to shareholder approval. MSTC continues to face legal proceedings with Standard Chartered Bank regarding a ₹14,361.97 crore dispute from 2008-09.
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07Aug 25
MSTC Limited Announces Conference Call to Discuss Q1FY26 Financial Results
MSTC Limited, a Government of India Enterprise, has announced a conference call with investors and analysts on August 14, 2025, at 11:30 AM IST to discuss Q1FY26 financial results. Key management participants include Chairman & Managing Director Shri Manobendra Ghoshal, Director (Commercial) Smt. Bhanu Kumar, Director (Finance) Shri Subrata Sarkar, and Company Secretary Shri Ajay Kumar Rai. The call, organized by Equirus Securities, offers various access options including universal access numbers and international toll-free numbers for USA, UK, Singapore, and Hong Kong. This announcement complies with SEBI regulations.
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29May 25
MSTC Ltd: Q4 Revenue Up, Profit Down 70% Amid Subsidiary Sale
MSTC Ltd announced its Q4 financial results, showing a 9.9% increase in revenue to ₹89.00 crore and an 11.7% rise in EBITDA to ₹54.60 crore. However, net profit fell by 70% to ₹75.50 crore. The company sold its subsidiary FSNL for ₹320.00 crore, resulting in exceptional income. MSTC's e-commerce segment performed well, with annual transactions reaching ₹89,823.00 crore.
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16Apr 25
MSTC Faces ₹178.40 Crore Tax Demand from Income Tax Department
MSTC Limited, a public sector enterprise, has received a tax demand of ₹178.40 crore from the Income Tax Department for the assessment year 2024-25. The demand includes a principal amount of ₹150.55 crore and interest of ₹27.85 crore. MSTC intends to appeal against the demand, stating there is no material impact on its financial or operational activities. The company has disclosed this information in compliance with SEBI regulations.
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26Mar 25
MSTC Ltd Declares ₹4.50 Third Interim Dividend for FY 2024-25 Amid Impressive Q3 Performance
MSTC Limited announced a third interim dividend of ₹4.50 per share for FY 2024-25, with a record date of April 2, 2025. The company reported a net profit of ₹250.90 crore in Q3 FY25, marking a 506.04% year-on-year increase, largely due to an exceptional gain of ₹275.50 crore. The dividend represents 45% of the face value of ₹10 per share and will be paid within 30 days of declaration. Shareholders are reminded of tax implications and the need to submit necessary documents for lower tax deduction rates or exemption by April 2, 2025.
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21Mar 25
MSTC Secures Two-Year E-Auction Services Contract from Coal India
MSTC Limited has been awarded a significant two-year contract by Coal India Limited (CIL) to provide e-auction services for coal and coal products. The contract covers 40% of the estimated work value, equating to approximately 166 events. This agreement reinforces MSTC's position in the e-auction services sector and continues its business relationship with CIL.
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10Mar 25
MSTC Secures Two-Year E-Auction Contract from Coal India Limited
MSTC Limited, a Government of India enterprise, has been awarded a two-year contract to serve as an e-auction service provider for Coal India Limited (CIL) and its subsidiaries. The contract involves conducting e-auctions for coal and coal products, potentially enhancing transparency and efficiency in the coal allocation process. This engagement is expected to strengthen MSTC's position in the e-commerce and e-auction services sector, particularly for government and public sector undertakings.
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05Mar 25
MSTC Secures Two-Year E-Services Contract with Telangana Government
MSTC Limited has won a significant contract with the Government of Telangana. All Telangana government offices are mandated to use MSTC's e-auction and e-procurement services for two years. The contract, announced on March 5, 2025, is expected to boost MSTC's revenue, strengthen its market presence in the southern region, and potentially lead to operational scaling. While financial details were not disclosed, this development represents a significant vote of confidence in MSTC's e-service capabilities.
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28Feb 25
MSTC Faces ₹105.55 Crore Tax Demand from Income Tax Department
MSTC Limited has received a tax demand of ₹105.55 crore from the Income Tax Department for the Assessment Year 2019-20. The demand includes ₹63.10 crore in principal and ₹42.45 crore in interest. MSTC plans to appeal to the Commissioner of Income Tax (Appeals) in Kolkata. The company states that this demand has no material impact on its financial operations or activities.
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MSTC
502.00
+0.80
(+0.16%)
1 Year Returns:-10.45%
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