Change in Directors/KMP
MSTC Assigns Commercial Charge to CMD
MSTC Ltd’s CMD, Shri Manobendra Ghoshal, will hold the additional charge of Director (Commercial) from 1 November 2026 for three months or until a regular appointment.
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MSTC Ltd (MSTCLTD) is currently trading at 535.70 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
MSTC Limited is a Government of India majority‑owned e‑commerce and auction platform operator specialising in disposal of ferrous/non‑ferrous scrap, minerals, surplus stores and e‑procurement services, and it also operates recycling JV assets through Mahindra MSTC Recycling Pvt. Ltd providing end‑to‑end auction and digital solutions to PSU and government clients. Q1 FY27 delivered Rs. 94.25 crore revenue from operations, driven by highest‑ever Q1 e‑commerce revenue of Rs. 89.49 crore and an EBITDA margin of 69.05%, producing the strongest Q1 PBT and PAT since listing, indicating improved operating leverage and profitability despite a deliberate move to remain asset‑light. The company is transitioning from legacy trading to digital solutions: fully developed EPR certificate exchange, near‑ready TReDS platform pending RBI clearance, and a B2B travel portal pending IATA empanelment, signalling strategic diversification into regulated, platform‑based revenue streams that could scale via transaction fees. Operationally MSTC has monetised its recycling JV (MMRPL) which turned profitable this quarter owing to higher feedstock flows under emerging EPR and vehicle scrappage incentives; this indicates tangible downstream integration benefits rather than mere software/service play. MSTC pursues an asset‑light model but has selectively expanded physical capacity in recycling and mineral auction capabilities; the firm also leverages government mandates and long‑dated relationships which create recurring opportunity pipelines, albeit with regulation‑dependent timing risk.
Over the past 52 weeks, MSTC Ltd has traded between a low of ₹362.00 and a high of ₹804.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
MSTC Ltd has a market capitalization of approximately 4,018.08. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
MSTC Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 17.15 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 4,018.08 Cr, MSTC Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
MSTC Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of MSTC Ltd is 17.15. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
MSTC rose after Delhi approved the Delhi EV Policy 2026, which adds scrappage incentives and other benefits that may increase organised scrappage and scrap auction volumes on MSTC’s platform.
Reported quarterly revenue was about ₹150.37 crore, EBITDA about ₹76 crore with a 63.95% margin, and consolidated net profit about ₹77.22 crore.
MSTC surged after the Union Cabinet cleared a Delhi-NCR vehicle scrappage incentive scheme, which investors expect to boost organised scrappage and recycling activity.
Commercial Services & Supplies
Trading & Distributors
3,771 Cr
High Risk
16.1
20.7
-0.4
4.5
804.00
362.00
Sales CAGR
Profit CAGR
ROE
ROCE
