MSP Steel & Power Limited

NSEI:MSPL Stock Report

Market Cap: ₹20.1b

MSP Steel & Power Management

Management criteria checks 4/4

MSP Steel & Power's CEO is Saket Agrawal, appointed in Aug 2024, has a tenure of 22.92 years. total yearly compensation is ₹10.20M, comprised of 70.6% salary and 29.4% bonuses, including company stock and options. directly owns 0.036% of the company’s shares, worth ₹7.25M. The average tenure of the management team and the board of directors is 6.1 years and 5.5 years respectively.

Key information

Saket Agrawal

Chief executive officer

₹10.2m

Total compensation

CEO salary percentage70.59%
CEO tenure2yrs
CEO ownership0.04%
Management average tenure6.1yrs
Board average tenure5.5yrs

Recent management updates

Analysis Article • Sep 06

Shareholders Will Likely Find MSP Steel & Power Limited's (NSE:MSPL) CEO Compensation Acceptable

Key Insights MSP Steel & Power to hold its Annual General Meeting on 12th of September CEO Saket Agrawal's total...

Recent updates

Analysis Article • Jun 07

MSP Steel & Power (NSE:MSPL) Is Posting Promising Earnings But The Good News Doesn’t Stop There

MSP Steel & Power Limited's ( NSE:MSPL ) recent earnings report didn't offer any surprises, with the shares unchanged...
Analysis Article • Jan 22

We Think MSP Steel & Power (NSE:MSPL) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article • Sep 16

MSP Steel & Power Limited's (NSE:MSPL) 26% Share Price Surge Not Quite Adding Up

Despite an already strong run, MSP Steel & Power Limited ( NSE:MSPL ) shares have been powering on, with a gain of 26...
Analysis Article • Sep 12

We Think MSP Steel & Power (NSE:MSPL) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jul 09

The Market Doesn't Like What It Sees From MSP Steel & Power Limited's (NSE:MSPL) Revenues Yet

When close to half the companies operating in the Metals and Mining industry in India have price-to-sales ratios (or...
Analysis Article • Apr 03

MSP Steel & Power Limited's (NSE:MSPL) Shares Bounce 28% But Its Business Still Trails The Industry

MSP Steel & Power Limited ( NSE:MSPL ) shareholders are no doubt pleased to see that the share price has bounced 28% in...
Analysis Article • Mar 08

Estimating The Fair Value Of MSP Steel & Power Limited (NSE:MSPL)

Key Insights MSP Steel & Power's estimated fair value is ₹33.60 based on 2 Stage Free Cash Flow to Equity MSP Steel...
Analysis Article • Feb 13

Why Investors Shouldn't Be Surprised By MSP Steel & Power Limited's (NSE:MSPL) Low P/S

When you see that almost half of the companies in the Metals and Mining industry in India have price-to-sales ratios...
Analysis Article • Jan 10

There's Been No Shortage Of Growth Recently For MSP Steel & Power's (NSE:MSPL) Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article • Nov 22

MSP Steel & Power's (NSE:MSPL) Soft Earnings Don't Show The Whole Picture

Shareholders appeared unconcerned with MSP Steel & Power Limited's ( NSE:MSPL ) lackluster earnings report last week...
Analysis Article • Oct 22

Calculating The Fair Value Of MSP Steel & Power Limited (NSE:MSPL)

Key Insights Using the 2 Stage Free Cash Flow to Equity, MSP Steel & Power fair value estimate is ₹42.69 Current share...
Analysis Article • Sep 18

MSP Steel & Power Limited's (NSE:MSPL) Price Is Right But Growth Is Lacking After Shares Rocket 54%

MSP Steel & Power Limited ( NSE:MSPL ) shares have continued their recent momentum with a 54% gain in the last month...
Analysis Article • Sep 06

Shareholders Will Likely Find MSP Steel & Power Limited's (NSE:MSPL) CEO Compensation Acceptable

Key Insights MSP Steel & Power to hold its Annual General Meeting on 12th of September CEO Saket Agrawal's total...
Analysis Article • Aug 03

MSP Steel & Power Limited (NSE:MSPL) Soars 27% But It's A Story Of Risk Vs Reward

MSP Steel & Power Limited ( NSE:MSPL ) shareholders have had their patience rewarded with a 27% share price jump in the...
Analysis Article • Jul 31

These 4 Measures Indicate That MSP Steel & Power (NSE:MSPL) Is Using Debt Reasonably Well

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Mar 13

These 4 Measures Indicate That MSP Steel & Power (NSE:MSPL) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Jan 25

MSP Steel & Power (NSE:MSPL) Might Have The Makings Of A Multi-Bagger

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Analysis Article • Sep 26

Returns On Capital Signal Difficult Times Ahead For MSP Steel & Power (NSE:MSPL)

Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Analysis Article • Jul 26

MSP Steel & Power (NSE:MSPL) Use Of Debt Could Be Considered Risky

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Jun 08

MSP Steel & Power (NSE:MSPL) Has Some Difficulty Using Its Capital Effectively

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? A business...
Analysis Article • Mar 29

MSP Steel & Power (NSE:MSPL) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Jun 17

MSP Steel & Power Limited's (NSE:MSPL) Business And Shares Still Trailing The Market

With a price-to-earnings (or "P/E") ratio of 14.8x MSP Steel & Power Limited ( NSE:MSPL ) may be sending bullish...
Analysis Article • Feb 15

MSP Steel & Power (NSE:MSPL) Might Have The Makings Of A Multi-Bagger

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Dec 29

We Think MSP Steel & Power (NSE:MSPL) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Nov 23

Statutory Profit Doesn't Reflect How Good MSP Steel & Power's (NSE:MSPL) Earnings Are

The subdued stock price reaction suggests that MSP Steel & Power Limited's ( NSE:MSPL ) strong earnings didn't offer...
Analysis Article • Aug 02

Is MSP Steel & Power (NSE:MSPL) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article • Jun 14

Returns At MSP Steel & Power (NSE:MSPL) Are On The Way Up

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...

CEO Compensation Analysis

How has Saket Agrawal's remuneration changed compared to MSP Steel & Power's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

₹379m

Mar 31 2026n/an/a

₹338m

Dec 31 2025n/an/a

-₹852m

Sep 30 2025n/an/a

-₹825m

Jun 30 2025n/an/a

-₹173m

Mar 31 2025₹10m₹7m

-₹284m

Dec 31 2024n/an/a

₹185m

Sep 30 2024n/an/a

₹151m

Jun 30 2024n/an/a

₹229m

Mar 31 2024₹6m₹4m

₹144m

Dec 31 2023n/an/a

₹211m

Sep 30 2023n/an/a

₹188m

Jun 30 2023n/an/a

-₹378m

Mar 31 2023₹6m₹4m

-₹506m

Dec 31 2022n/an/a

-₹557m

Sep 30 2022n/an/a

-₹651m

Jun 30 2022n/an/a

₹25m

Mar 31 2022₹5mn/a

₹257m

Dec 31 2021n/an/a

₹224m

Sep 30 2021n/an/a

₹315m

Jun 30 2021n/an/a

₹287m

Mar 31 2021₹4mn/a

₹49m

Dec 31 2020n/an/a

-₹23m

Sep 30 2020n/an/a

-₹277m

Jun 30 2020n/an/a

-₹588m

Mar 31 2020₹4m₹4m

-₹758m

Compensation vs Market: Saket's total compensation ($USD106.93K) is below average for companies of similar size in the Indian market ($USD179.42K).

Compensation vs Earnings: Saket's compensation has been consistent with company performance over the past year.

CEO

Saket Agrawal (46 yo)

2yrs
Tenure
₹10,200,000
Compensation

Mr. Saket Agrawal has been Managing Director of Msp Steel & Power Ltd since November 14, 2014. Mr. Agrawal has been a Director of Howrah Gases Limited since July 2009. He has been Executive Director at Msp...

Leadership Team

NamePositionTenureCompensationOwnership
Saket Agrawal
MD & Executive Director2yrs₹10.20m0.036%
₹ 7.2m
Manish Agrawal
Joint MD & Executive Director2yrs₹10.88m0.055%
₹ 11.0m
Kamal Jain
Chief Financial Officer11.5yrs₹4.33mno data
Shreya Kar
Compliance Officer & Company Secretary10.3yrs₹1.21mno data
George Thomas
Chief Human Resource Officerno datano datano data
Sambeet Das
President of Marketing & Salesno datano datano data
Birendra Singh
Chief Operating Officer of Projectno datano datano data
Shashi Tiwary
Chief Security Officerno datano datano data
Ashok Singh
Chief Officer of Environment Health & Safetyno datano datano data
Manish Seth
President of Commercial & Pelletno datano datano data
6.1yrs
Average Tenure

Experienced Management: MSPL's management team is seasoned and experienced (6.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Saket Agrawal
MD & Executive Director22.9yrs₹10.20m0.036%
₹ 7.2m
Manish Agrawal
Joint MD & Executive Director23.1yrs₹10.88m0.055%
₹ 11.0m
Suresh Agrawal
Non-Executive NonIndependent Chairman22yrs₹10.80m0.083%
₹ 16.8m
Suneeta Mohanty
Non-Executive Independent Director7.4yrs₹60.00kno data
Pradip Dey
Non Executive Director3.6yrsno datano data
Pranab Chakraborty
Non Executive Independent Director2yrs₹120.00kno data
Anubhav Goenka
Non Executive Independent Director2yrs₹120.00kno data
Pramode Pandey
Non Executive Independent Director2yrs₹120.00kno data
5.5yrs
Average Tenure
57.5yo
Average Age

Experienced Board: MSPL's board of directors are considered experienced (5.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/11 02:03
End of Day Share Price 2026/08/11 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

MSP Steel & Power 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.