Also trades as: MSTC.BO (BSE) · $vol 1M · MSTCLTD.BO (BSE) · $vol 0M

₹698.00 ($7.25)

-7.80 (-1.11%)

NSE · Industrials · Conglomerates · Tech Score Buy · Power 50 · ₹49.6B mcap · 24M float · 4.46% daily turnover

Revenue

$3.7B +18.9% ▲

5Y CAGR: -13.9%

Gross Profit

$2.1B -29.2% ▼

5Y CAGR: -17.3%

Operating Income

$2.1B +19.2% ▲

5Y CAGR: +8.9%

Net Income

$2.2B -46.3% ▼

5Y CAGR: +14.1%

EPS (Diluted)

$31.03 -46.3% ▼

5Y CAGR: +14.1%

EBITDA

$2.2B -13.8% ▼

5Y CAGR: +6.5%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$8.8B	$7.2B	$3.2B	$3.1B	$3.7B
YoY Growth	+12.3%	-17.7%	-56.1%	-1.7%	+18.9%
Cost of Revenue	$5.9B	$4.2B	$964M	$1.0B	$1.6B
Gross Profit	$2.8B	$3.0B	$2.2B	$3.0B	$2.1B
Gross Margin	32.3%	41.8%	69.3%	96.7%	57.6%
R&D Expenses	$0	$174K	$4M	$0	$0
SG&A Expenses	$62M	$87M	$87M	$913M	-$9M
Operating Expenses	$702M	$187M	$288M	$298M	-$9M
Operating Income	$2.1B	$2.8B	$1.9B	$1.8B	$2.1B
Operating Margin	24.1%	39.2%	60.4%	57.7%	57.8%
Interest Expense	$28M	$2M	$4M	$2M	$0
Income Before Tax	$2.3B	$3.3B	$2.8B	$5.1B	$2.9B
Tax Expense	$338M	$872M	$1.1B	$1.0B	$740M
Net Income	$2.0B	$2.4B	$2.0B	$4.1B	$2.2B
Net Margin	22.7%	33.6%	64.6%	130.9%	59.1%
EPS (Diluted)	$28.28	$34.37	$23.44	$57.82	$31.03
EBITDA	$2.6B	$3.5B	$3.6B	$2.6B	$2.2B
Shares Outstanding	70M	70M	70M	70M	70M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$1.9B	$719M	$811M	$889M	$774M	$850M	$884M	$1.2B
Cost of Revenue	$664M	$342M	$0	$360M	$340M	$361M	$402M	$464M
Gross Profit	$1.2B	$719M	$811M	$528M	$774M	$489M	$482M	$724M
Gross Margin	65.0%	100.0%	100.0%	59.5%	100.0%	57.5%	54.5%	60.9%
R&D Expenses	$0	$0	$0	$7M	$0	$0	$0	$0
SG&A Expenses	$589M	$0	$0	$306M	$0	$0	$0	-$9M
Operating Expenses	$589M	$342M	$343M	$56M	$340M	$361M	$402M	-$9M
Operating Income	$642M	$377M	$468M	$525M	$434M	$489M	$482M	$733M
Operating Margin	33.9%	52.4%	57.7%	59.0%	56.1%	57.5%	54.5%	61.7%
Interest Expense	$881K	$890K	$29K	$0	$0	$0	$0	$0
Income Before Tax	$820M	$554M	$3.4B	$635M	$576M	$645M	$655M	$1.0B
Tax Expense	$201M	$140M	$849M	-$120M	$153M	$170M	$141M	$276M
Net Income	$619M	$564M	$2.5B	$755M	$423M	$475M	$514M	$772M
Net Margin	32.7%	78.4%	309.1%	85.0%	54.7%	55.9%	58.1%	65.0%
EPS (Diluted)	$8.79	$8.01	$35.63	$10.73	$6.01	$6.75	$7.30	$10.97
EBITDA	$899M	$582M	$3.4B	$657M	$599M	$688M	$510M	$760M
Shares Outstanding	70M	70M	70M	70M	70M	70M	70M	70M

MSTCLTD.NS NSE