Tipsheet
What matters at India’s listed companies
Notes / Company

MSP Steel & Power Ltd.

MSPL BSE 532650 ISIN INE752G01015 Steel & Iron Products

Fundamentals

Market cap
₹2,375 cr
P/E
70.31×
ROE
0.00%
Debt / equity
0.27
52-week range
26.25 — 46.12
Research on Tijori Finance

Company snapshot

MSP Steel & Power Ltd.

Steel
₹2,285 cr
P/E 67.65×

Latest quarter · Mar 2026

Sales₹816 cr
Net profit₹85 cr
Op. margin+9.5%
EPS₹1.50

Strength & growth

Debt / equity0.27×
Current ratio1.26×
Sales CAGR+11.8%
Financials via Tijori — a research aid, not investment advice.MSPL on Tijori

The timeline — 8 notes on MSP Steel & Power Ltd.

June 2026

  1. 23 Jun 26 · 3:28 PM IST Lead
    Lead · Small cap

    MSP Steel promoters spend ~₹55 cr to lift stake to 45.12%

    Open market purchases of 1.30 crore shares (2.30% of capital) between June 12-22, 2026, follow a similar 2.61% increase earlier this month and come as the steelmaker swings to a profit.

  2. 19 Jun 26 · 5:09 PM IST Brief
    Brief · Small cap

    Swagat Trexim sells another 2.27% in MSP Steel, now down to 1.44%

    Swagat Trexim reduces MSP Steel stake to 1.44% with a ₹52 crore share sale, the second such tranche in two weeks.

  3. 19 Jun 26 · 3:49 PM IST Brief
    Brief · Small cap

    MSP Steel board okays change in warrant fund use; details absent

    Variation in use of preferential warrant proceeds requires shareholder nod at EGM on July 14, 2026. The filing offers no specifics on quantum or purpose.

  4. 18 Jun 26 · 6:16 PM IST Brief
    Brief · Small cap

    MSP Steel signs 25-year solar PPA, plans 26% stake in supplier

    The steelmaker locks in 10 MWp solar power at ₹3.17/unit under group captive open access, aiming to cut energy costs. A 26% equity stake in Elevate Solar is on the table.

  5. 16 Jun 26 · 5:19 PM IST Brief
    Brief · Small cap

    MSP Steel board to consider changing use of warrant funds

    The small-cap steelmaker's board will meet to vary the use of proceeds from a preferential convertible warrant issue. No details on the size or direction of the change, but the agenda is new.

  6. 12 Jun 26 · 5:53 PM IST Lead
    Lead · Small cap

    MSP Steel promoter group buys 2.6% in ₹60 cr open-market splurge

    Saket Agrawal and entities raise holding to 42.82% from 40.22% over nine trading days. The purchase follows a ₹500 cr capex plan and a swing to profit.

  7. 12 Jun 26 · 2:31 PM IST Brief
    Brief · Small cap

    MSP Steel large shareholder cuts 2.27% stake in five days

    Swagat Trexim Private Limited reduced its holding from 5.98% to 3.71% in early June 2026, crossing the 2% disclosure threshold, but the sale does not affect operations.

Verify on exchange BSE filings for MSPL NSE filings for MSPL Tijori Finance company page