In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MSTC has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

NSEI:MSTCLTD - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2024	7,283	1,946	-547	777	N/A
6/30/2024	7,613	2,157	N/A	N/A	N/A
3/31/2024	7,508	2,044	-4,440	-3,121	N/A
12/31/2023	7,483	2,329	N/A	N/A	N/A
9/30/2023	7,322	2,299	2,995	3,215	N/A
6/30/2023	7,194	2,383	N/A	N/A	N/A
3/31/2023	7,210	2,420	8,104	8,443	N/A
12/31/2022	7,203	2,610	N/A	N/A	N/A
9/30/2022	7,403	2,552	2,221	2,875	N/A
6/30/2022	7,931	2,199	N/A	N/A	N/A
3/31/2022	8,761	1,991	957	1,701	N/A
12/31/2021	9,915	1,790	N/A	N/A	N/A
9/30/2021	9,606	1,488	4,650	5,051	N/A
6/30/2021	9,423	1,493	N/A	N/A	N/A
3/31/2021	7,805	1,130	6,452	6,811	N/A
12/31/2020	6,631	418	N/A	N/A	N/A
9/30/2020	7,901	646	5,011	5,405	N/A
6/30/2020	8,478	652	N/A	N/A	N/A
3/31/2020	12,314	970	1,835	2,223	N/A
12/31/2019	18,669	1,148	N/A	N/A	N/A
9/30/2019	25,676	1,320	-4,698	-4,384	N/A
6/30/2019	31,422	-3,322	N/A	N/A	N/A
3/31/2019	32,920	-3,071	621	1,013	N/A
3/31/2018	22,654	772	N/A	212	N/A
3/31/2017	17,392	1,392	N/A	-5,194	N/A
3/31/2016	32,252	-2,471	N/A	2,233	N/A
3/31/2015	56,890	1,034	N/A	-1,505	N/A
3/31/2014	54,544	-620	N/A	-351	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MSTCLTD's forecast earnings growth is above the savings rate (6.7%).

Earnings vs Market: Insufficient data to determine if MSTCLTD's earnings are forecast to grow faster than the Indian market

High Growth Earnings: Insufficient data to determine if MSTCLTD's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if MSTCLTD's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if MSTCLTD's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if MSTCLTD's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 10:07
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

MSTC Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

MSTC Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

Improved Earnings Required Before MSTC Limited (NSE:MSTCLTD) Stock's 28% Jump Looks Justified

Does MSTC (NSE:MSTCLTD) Have A Healthy Balance Sheet?

Investor sentiment improves as stock rises 17%

MSTC's (NSE:MSTCLTD) Dividend Will Be Reduced To ₹4.00

Dividend reduced to ₹4.00

Second quarter 2025 earnings released: EPS: ₹5.89 (vs ₹7.86 in 2Q 2024)

MSTC Limited Declares Interim Dividend for the Financial Year 2024-25

Investor sentiment improves as stock rises 18%

Shareholders Would Enjoy A Repeat Of MSTC's (NSE:MSTCLTD) Recent Growth In Returns

Konoike Transport Co.,Ltd. (TSE:9025) agreed to acquire Ferro Scrap Nigam Limited from MSTC Limited (NSEI:MSTCLTD) for INR 3.2 billion.

Dividend increased to ₹5.00

MSTC Limited to Report Q3, 2025 Results on Feb 14, 2025

MSTC Limited's (NSE:MSTCLTD) Price Is Right But Growth Is Lacking

First quarter 2025 earnings released: EPS: ₹8.79 (vs ₹7.19 in 1Q 2024)

MSTC Limited to Report Q1, 2025 Results on Aug 13, 2024

MSTC Limited Announces Superannuation of Chittaranjan Giri as Chief General Manager (Systems)

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 17%

Full year 2024 earnings released: EPS: ₹29.03 (vs ₹34.37 in FY 2023)

MSTC (NSE:MSTCLTD) Knows How To Allocate Capital Effectively

Investor sentiment improves as stock rises 18%

MSTC Limited to Report Q4, 2024 Results on May 27, 2024

Now 20% overvalued

MSTC Limited Announces Completion of Tenure of Deputation of Shri Suresh Madhavan as Chief Vigilance Officer

Upcoming dividend of ₹5.00 per share at 1.7% yield

Dividend of ₹5.00 announced

Third quarter 2024 earnings released: EPS: ₹7.10 (vs ₹6.68 in 3Q 2023)

MSTC Limited Approves an Interim Dividend for the Financial Year 2023-24

MSTC Limited (NSE:MSTCLTD) Stock Rockets 66% But Many Are Still Ignoring The Company

MSTC Limited Announces Change in Management

MSTC Limited to Report Q3, 2024 Results on Feb 08, 2024

Investor sentiment improves as stock rises 19%

MSTC (NSE:MSTCLTD) Seems To Use Debt Quite Sensibly

Investor sentiment improves as stock rises 20%

MSTC Limited Announces Executive Changes

Investor sentiment improves as stock rises 26%

Investors Still Aren't Entirely Convinced By MSTC Limited's (NSE:MSTCLTD) Earnings Despite 32% Price Jump

MSTC (NSE:MSTCLTD) Is Investing Its Capital With Increasing Efficiency

Upcoming dividend of ₹5.50 per share at 3.5% yield

MSTC's (NSE:MSTCLTD) Dividend Will Be ₹5.50

Second quarter 2024 earnings released: EPS: ₹7.86 (vs ₹9.04 in 2Q 2023)

MSTC Limited Declares an Interim Dividend for the Financial Year 2023-24

New minor risk - Share price stability

MSTC Limited to Report Q2, 2024 Results on Nov 03, 2023

MSTC Limited Approves Final Dividend

Why We Think The CEO Of MSTC Limited (NSE:MSTCLTD) May Soon See A Pay Rise

Upcoming dividend of ₹3.20 per share at 3.6% yield

MSTC's (NSE:MSTCLTD) Dividend Is Being Reduced To ₹3.20

MSTC Limited Proposes Final Dividend for the Financial Year 2022-23

First quarter 2024 earnings released: EPS: ₹7.19 (vs ₹7.71 in 1Q 2023)

MSTC Limited to Report Q1, 2024 Results on Aug 11, 2023

Shareholders Would Enjoy A Repeat Of MSTC's (NSE:MSTCLTD) Recent Growth In Returns

MSTC Limited, Annual General Meeting, Sep 20, 2023

MSTC Limited Recommends Final Dividend for the Financial Year 2022-2023

Full year 2023 earnings released: EPS: ₹34.37 (vs ₹28.29 in FY 2022)

MSTC Limited to Report Q4, 2023 Results on May 23, 2023

Do MSTC's (NSE:MSTCLTD) Earnings Warrant Your Attention?

MSTC (NSE:MSTCLTD) Is Paying Out Less In Dividends Than Last Year

Third quarter 2023 earnings released

MSTC Limited Declares Second Interim Dividend for the Financial Year 2022-23

MSTC Limited to Report Q3, 2023 Results on Feb 10, 2023

Is MSTC (NSE:MSTCLTD) A Risky Investment?

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Upcoming dividend of ₹5.50 per share

MSTC (NSE:MSTCLTD) Is Increasing Its Dividend To ₹5.50

MSTC Limited Approves an Interim Dividend for the Financial Year 2022-2023

Second quarter 2023 earnings released: EPS: ₹9.04 (vs ₹4.02 in 2Q 2022)

MSTC Limited to Report Q2, 2023 Results on Nov 09, 2022

MSTC Limited Declares Final Dividend for the Financial Year 2021-22

We Take A Look At Why MSTC Limited's (NSE:MSTCLTD) CEO Has Earned Their Pay Packet

Upcoming dividend of ₹4.40 per share

MSTC's (NSE:MSTCLTD) Dividend Will Be ₹4.40

MSTC Limited Proposes Final Dividend for the Financial Year 2021-22