MSP Steel & Power Past Earnings Performance
Past criteria checks 2/6
MSP Steel & Power has been growing earnings at an average annual rate of 29.3%, while the Metals and Mining industry saw earnings growing at 27.5% annually. Revenues have been growing at an average rate of 14.4% per year. MSP Steel & Power's return on equity is 3.7%, and it has net margins of 0.8%.
Key information
29.3%
Earnings growth rate
29.0%
EPS growth rate
| Metals and Mining Industry Growth | 25.9% |
| Revenue growth rate | 14.4% |
| Return on equity | 3.7% |
| Net Margin | 0.8% |
| Next Earnings Update | 30 May 2024 |
Recent past performance updates
Recent updates
These 4 Measures Indicate That MSP Steel & Power (NSE:MSPL) Is Using Debt Reasonably Well
Mar 13
MSP Steel & Power (NSE:MSPL) Might Have The Makings Of A Multi-Bagger
Jan 25Returns On Capital Signal Difficult Times Ahead For MSP Steel & Power (NSE:MSPL)
Sep 26MSP Steel & Power (NSE:MSPL) Use Of Debt Could Be Considered Risky
Jul 26MSP Steel & Power (NSE:MSPL) Has Some Difficulty Using Its Capital Effectively
Jun 08MSP Steel & Power (NSE:MSPL) Has A Somewhat Strained Balance Sheet
Mar 29MSP Steel & Power Limited's (NSE:MSPL) Business And Shares Still Trailing The Market
Jun 17MSP Steel & Power (NSE:MSPL) Might Have The Makings Of A Multi-Bagger
Feb 15We Think MSP Steel & Power (NSE:MSPL) Is Taking Some Risk With Its Debt
Dec 29Statutory Profit Doesn't Reflect How Good MSP Steel & Power's (NSE:MSPL) Earnings Are
Nov 23Is MSP Steel & Power (NSE:MSPL) A Risky Investment?
Aug 02Returns At MSP Steel & Power (NSE:MSPL) Are On The Way Up
Jun 14Is MSP Steel & Power (NSE:MSPL) A Future Multi-bagger?
Mar 03MSP Steel & Power (NSE:MSPL) Takes On Some Risk With Its Use Of Debt
Jan 09What Can The Trends At MSP Steel & Power (NSE:MSPL) Tell Us About Their Returns?
Nov 17Is MSP Steel & Power (NSE:MSPL) A Risky Investment?
Sep 15
Will MSP Steel & Power's (NSE:MSPL) Growth In ROCE Persist?
Jul 23Revenue & Expenses BreakdownBeta
How MSP Steel & Power makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 28,029 | 211 | 966 | 0 |
| 30 Sep 23 | 26,838 | 188 | 946 | 0 |
| 30 Jun 23 | 25,970 | -378 | 603 | 0 |
| 31 Mar 23 | 25,504 | -506 | 898 | 0 |
| 31 Dec 22 | 25,259 | -557 | 809 | 0 |
| 30 Sep 22 | 24,527 | -651 | 790 | 0 |
| 30 Jun 22 | 24,377 | 25 | 521 | 0 |
| 31 Mar 22 | 23,396 | 257 | 810 | 0 |
| 31 Dec 21 | 22,451 | 224 | 544 | 0 |
| 30 Sep 21 | 21,339 | 315 | 528 | 0 |
| 30 Jun 21 | 20,079 | 287 | 466 | 0 |
| 31 Mar 21 | 17,231 | 49 | 597 | 0 |
| 31 Dec 20 | 15,455 | -23 | 482 | 0 |
| 30 Sep 20 | 14,406 | -277 | 485 | 0 |
| 30 Jun 20 | 13,709 | -588 | 449 | 0 |
| 31 Mar 20 | 15,327 | -758 | 492 | 0 |
| 31 Dec 19 | 15,514 | -1,016 | 481 | 0 |
| 30 Sep 19 | 16,720 | -787 | 465 | 0 |
| 30 Jun 19 | 17,013 | -493 | 403 | 0 |
| 31 Mar 19 | 16,698 | -206 | 431 | 0 |
| 31 Mar 18 | 11,604 | -557 | 351 | 0 |
| 31 Mar 17 | 8,493 | -937 | 294 | 0 |
| 31 Mar 16 | 9,045 | -1,824 | 319 | 0 |
| 31 Mar 15 | 10,922 | -1,036 | 328 | 0 |
| 31 Mar 14 | 11,929 | 213 | 612 | 0 |
Quality Earnings: MSPL has a large one-off gain of ₹94.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: MSPL became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MSPL has become profitable over the past 5 years, growing earnings by 29.3% per year.
Accelerating Growth: MSPL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MSPL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (23.7%).
Return on Equity
High ROE: MSPL's Return on Equity (3.7%) is considered low.