Integrated Filing — IndAS
General information about company
| Scrip Code |
532650 |
| NSE Symbol |
MSPL |
| MSEI Symbol |
NOTLISTED |
| ISIN |
INE752G01015 |
| Name of company |
MSP STEEL & POWER LIMITED |
| Type of company |
Main Board |
| Class of security |
Equity |
| Date of start of financial year |
01-04-2025 |
| Date of end of financial year |
31-03-2026 |
| Date of board meeting when results were approved |
14-11-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed
to the exchange |
10-11-2025 |
| Description of presentation currency |
INR |
| Level of rounding used in financial results |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Second quarter |
| Nature of report standalone or consolidated |
Consolidated |
| Whether results are audited or unaudited for the quarter ended |
Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended |
Unaudited |
| Segment Reporting |
Single segment |
| Description of single segment |
Manufacturing |
| Start date and time of board meeting |
14-11-2025 17:30:00 |
| End date and time of board meeting |
14-11-2025 21:10:00 |
| Whether cash flow statement is applicable on company |
Yes |
| Type of cash flow statement |
Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
Financial Results Ind-AS
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
30-09-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
| 1 |
Income |
|
Revenue from operations |
67,686.47 |
1,38,772.61 |
|
Other income |
116.17 |
170.15 |
|
Total income |
67,802.64 |
1,38,942.76 |
| 2 |
Expenses |
| (a) |
Cost of materials consumed |
54,674.54 |
1,12,465.64 |
| (b) |
Purchases of stock-in-trade |
83.35 |
356.39 |
| (c) |
Changes in inventories of finished goods,
work-in-progress and stock-in-trade |
(172.77) |
(1,837.67) |
| (d) |
Employee benefit expense |
2,198.70 |
4,353.66 |
| (e) |
Finance costs |
982.68 |
2,005.26 |
| (f) |
Depreciation, depletion and amortisation expense
|
1,371.99 |
2,739.89 |
| (f) |
Other Expenses |
| 1 |
Other Expenses |
8,625.93 |
16,668.37 |
|
Total other expenses |
8,625.93 |
16,668.37 |
|
Total expenses |
67,764.42 |
1,36,751.54 |
| 3 |
Total profit before exceptional items and tax |
38.22 |
2,191.22 |
| 4 |
Exceptional items |
(10,086.98) |
(10,086.90) |
| 5 |
Total profit before tax |
(10,048.76) |
(7,895.68) |
| 6 |
Tax expense |
|
| 7 |
Current tax |
0.00 |
0.00 |
| 8 |
Deferred tax |
(2,573.21) |
(2,203.85) |
| 9 |
Total tax expenses |
(2,573.21) |
(2,203.85) |
| 10 |
Net movement in regulatory deferral account balances related to profit or loss and
the related deferred tax movement |
0.00 |
0.00 |
| 11 |
Net Profit Loss for the period from
continuing operations |
(7,475.55) |
(5,691.83) |
| 12 |
Profit (loss) from discontinued operations before tax |
0.00 |
0.00 |
| 13 |
Tax expense of discontinued operations |
0.00 |
0.00 |
| 14 |
Net profit (loss) from discontinued
operation after tax |
0.00 |
0.00 |
| 15 |
Share of profit (loss) of associates and joint ventures accounted for using equity
method |
0.00 |
0.00 |
| 16 |
Total profit (loss) for period |
(7,475.55) |
(5,691.83) |
| 17 |
Other comprehensive income net of taxes |
(14.82) |
(49.59) |
| 18 |
Total Comprehensive Income for the period |
(7,490.37) |
(5,741.42) |
| 19 |
Total profit or loss, attributable to
|
|
|
|
Profit or loss, attributable to owners of parent |
(7,475.51) |
(5,691.65) |
|
Total profit or loss, attributable to non-controlling interests |
(0.04) |
(0.18) |
| 20 |
Total Comprehensive income for the period attributable to |
|
|
|
Comprehensive income for the period attributable to owners of parent |
(7,490.32) |
(5,741.24) |
|
Total comprehensive income for the period attributable to owners of parent non-controlling
interests |
(0.04) |
(0.18) |
| 21 |
Details of equity share capital |
|
|
Paid-up equity share capital |
56,679.66 |
56,679.66 |
|
Face value of equity share capital |
10 |
10 |
| 27 |
Details of debt securities |
|
| 22 |
Reserves excluding revaluation reserve |
|
|
| 23 |
Earnings per share |
|
| i |
Earnings per equity share for continuing operations |
|
|
Basic earnings (loss) per share from continuing operations |
-1.32 |
-1 |
|
Diluted earnings (loss) per share from continuing operations |
-1.32 |
-1 |
| ii |
Earnings per equity share for discontinued operations |
|
|
Basic earnings (loss) per share from discontinued operations |
0 |
0 |
|
Diluted earnings (loss) per share from discontinued operations |
0 |
0 |
| ii |
Earnings per equity share |
|
|
Basic earnings (loss) per share from continuing
and discontinued operations |
-1.32 |
-1 |
|
Diluted earnings (loss) per share from
continuing and discontinued operations |
-1.32 |
-1 |
| 24 |
Debt equity ratio |
|
|
| 25 |
Debt service coverage ratio |
|
|
| 26 |
Interest service coverage ratio |
|
|
| 27 |
Disclosure of notes on financial results |
|
Remarks
Statement of Asset and Liabilities
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-04-2025 |
| Date of end of reporting period |
30-09-2025 |
| Whether results are audited or unaudited |
Unaudited |
| Nature of report standalone or consolidated |
Consolidated |
|
Assets |
| 1 |
Non-current assets |
|
Property, plant and equipment |
77,781.85 |
|
Capital work-in-progress |
1,351.41 |
|
Investment property |
|
|
Goodwill |
1.00 |
|
Other intangible assets |
88.99 |
|
Intangible assets under development |
59.18 |
|
Biological assets other than bearer plants |
|
|
Investments accounted for using equity method |
|
|
Non-current financial assets |
|
|
Non-current investments |
4,727.81 |
|
Trade receivables, non-current |
0.00 |
|
Loans, non-current |
0.00 |
|
Other non-current financial assets |
1,666.73 |
|
Total non-current financial assets |
6,394.54 |
|
Deferred tax assets (net) |
1,746.79 |
|
Other non-current assets |
582.97 |
|
Total non-current assets |
88,006.73 |
| 2 |
Current assets |
|
|
Inventories |
40,863.68 |
|
Current financial asset |
|
|
Current investments |
0.00 |
|
Trade receivables, current |
8,805.27 |
|
Cash and cash equivalents |
409.07 |
|
Bank balance other than cash and cash equivalents |
3,086.02 |
|
Loans, current |
0.00 |
|
Other current financial assets |
128.51 |
|
Total current financial assets |
12,428.87 |
|
Current tax assets (net) |
1,214.08 |
|
Other current assets |
7,812.44 |
|
Total current assets |
62,319.07 |
| 3 |
Non-current assets classified as held for sale |
|
| 4 |
Regulatory deferral account debit balances and related deferred tax Assets |
|
|
Total assets |
1,50,325.80 |
|
Equity and liabilities |
|
| 1 |
Equity |
|
|
Equity attributable to owners of parent |
|
|
Equity share capital |
56,679.66 |
|
Other equity |
34,581.13 |
|
Total equity attributable to owners of parent |
91,260.79 |
|
Non controlling interest |
28.59 |
|
Total equity |
91,289.38 |
| 2 |
Liabilities |
|
|
Non-current liabilities |
|
|
Non-current financial liabilities |
|
|
Borrowings, non-current |
76.22 |
|
Trade payables, non-current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
|
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
|
|
Total Trade payable |
|
|
Other non-current financial liabilities |
676.20 |
|
Total non-current financial liabilities |
752.42 |
|
Provisions, non-current |
581.37 |
|
Deferred tax liabilities (net) |
0.00 |
|
Deferred government grants, Non-current |
|
|
Other non-current liabilities |
|
|
Total non-current liabilities |
1,333.79 |
|
Current liabilities |
|
|
Current financial liabilities |
|
|
Borrowings, current |
27,231.82 |
|
Trade payables, current |
|
|
(A) Total outstanding dues of micro enterprises and small enterprises |
794.15 |
|
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises |
19,384.09 |
|
Total Trade payable |
20,178.24 |
|
Other current financial liabilities |
7,251.06 |
|
Total current financial liabilities |
54,661.12 |
|
Other current liabilities |
3,028.03 |
|
Provisions, current |
13.48 |
|
Current tax liabilities (Net) |
|
|
Deferred government grants, Current |
|
|
Total current liabilities |
57,702.63 |
| 3 |
Liabilities directly associated with assets in disposal group classified as held for sale |
|
| 4 |
Regulatory deferral account credit balances and related deferred tax liability |
|
|
Total liabilities |
59,036.42 |
|
Total equity and liabilites |
1,50,325.80 |
|
Disclosure of notes on assets and liabilities |
|
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Amount in (Lakhs)
| Particulars |
3 months/ 6 month ended (dd-mm-yyyy) |
Year to date figures for current period
ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| Date of end of reporting
period |
30-09-2025 |
30-09-2025 |
| Whether results are audited
or unaudited |
Unaudited |
Unaudited |
| Nature of report standalone or
consolidated |
Consolidated |
Consolidated |
| 1 |
Segment Revenue (Income) |
|
(net sale/income from each segment should
be disclosed) |
|
Total Segment Revenue |
|
|
|
Less: Inter segment revenue |
|
|
|
Revenue from operations |
|
|
| 2 |
Segment Result |
|
Profit (+) / Loss (-) before tax and
interest from each segment |
|
Total Profit before tax |
|
|
|
i. Finance cost |
|
|
|
ii. Other Unallocable Expenditure net off Unallocable income |
|
|
|
Profit before tax |
|
|
| 3 |
(Segment Asset - Segment Liabilities)
|
|
Segment Asset |
|
Total Segment Asset |
|
|
|
Un-allocable Assets |
null |
null |
|
Net Segment Asset |
null |
null |
| 4 |
Segment Liabilities |
|
Segment Liabilities |
|
Total Segment Liabilities |
|
|
|
Un-allocable Liabilities |
null |
null |
|
Net Segment Liabilities |
null |
null |
|
Disclosure of notes on segments |
|
Other Comprehensive Income
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-07-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
30-09-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
Consolidated |
|
Other comprehensive income [Abstract] |
|
| 1 |
Amount of items that will not be reclassified to profit and loss |
|
| 1 |
Actuarial Gain/(Loss) on Defined Benefit Obligations |
-1981000 |
-3962000 |
|
Total Amount of items that will not be reclassified to profit and loss |
(19.81) |
(39.62) |
| 2 |
Income tax relating to items that will not be reclassified to profit or loss |
(4.99) |
9.97 |
| 3 |
Amount of items that will be reclassified to profit and loss |
|
|
Total Amount of items that will be reclassified to profit and loss |
|
|
| 4 |
Income tax relating to items that will be reclassified to profit or loss |
0.00 |
0.00 |
| 5 |
Total Other comprehensive income |
(14.82) |
(49.59) |
Cash flow statement, indirect
Amount in (Lakhs)
| Particulars |
Year ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-04-2025 |
| B |
Date of end of reporting period |
30-09-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Consolidated |
|
Statement of cash flows |
|
|
Cash flows from used in operating
activities |
|
|
Profit before tax |
(7,895.68) |
|
Adjustments for reconcile profit (loss) |
|
|
Adjustments for finance costs |
1,958.96 |
|
Adjustments for decrease (increase) in inventories |
6,575.04 |
|
Adjustments for decrease (increase) in trade receivables, current |
(64.21) |
|
Adjustments for decrease (increase) in trade receivables, non-current
|
0.00 |
|
Adjustments for decrease (increase) in other current assets |
0.00 |
|
Adjustments for decrease (increase) in other non-current assets |
0.00 |
|
Adjustments for other financial assets, non-current |
0.00 |
|
Adjustments for other financial assets, current |
0.00 |
|
Adjustments for other bank balances |
0.00 |
|
Adjustments for increase (decrease) in trade payables, current |
(3,206.85) |
|
Adjustments for increase (decrease) in trade payables, non-current |
0.00 |
|
Adjustments for increase (decrease) in other current liabilities |
0.00 |
|
Adjustments for increase (decrease) in other non-current liabilities
|
0.00 |
|
Adjustments for depreciation and amortisation expense |
2,739.89 |
|
Adjustments for impairment loss reversal of impairment loss recognised
in profit or loss |
0.00 |
|
Adjustments for provisions, current |
2.56 |
|
Adjustments for provisions, non-current |
89.85 |
|
Adjustments for other financial liabilities, current |
0.00 |
|
Adjustments for other financial liabilities, non-current |
0.00 |
|
Adjustments for unrealised foreign exchange losses gains |
(5.21) |
|
Adjustments for dividend income |
0.00 |
|
Adjustments for interest income |
99.48 |
|
Adjustments for share-based payments |
0.00 |
|
Adjustments for fair value losses (gains) |
0.00 |
|
Adjustments for undistributed profits of associates |
1.41 |
|
Other adjustments for which cash effects are investing or financing
cash flow |
0.00 |
|
Other adjustments to reconcile profit (loss) |
0.00 |
|
Other adjustments for non-cash items |
0.00 |
|
Share of profit and loss from partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Total adjustments for reconcile
profit (loss) |
7,989.14 |
|
Net cash flows from (used in)
operations |
93.46 |
|
Dividends received |
0.00 |
|
Interest paid |
0.00 |
|
Interest received |
0.00 |
|
Income taxes paid (refund) |
89.56 |
|
Other inflows (outflows) of cash |
10,088.30 |
|
Net cash flows from (used in)
operating activities |
10,092.20 |
|
Cash flows from used in
investing activities |
|
|
Cash flows from losing control of subsidiaries or other businesses |
0.00 |
|
Cash flows used in obtaining control of subsidiaries or other businesses |
0.00 |
|
Other cash receipts from sales of equity or debt instruments of other
entities |
0.00 |
|
Other cash payments to acquire equity or debt instruments of other entities
|
0.00 |
|
Other cash receipts from sales of interests in joint ventures |
0.00 |
|
Other cash payments to acquire interests in joint ventures |
0.00 |
|
Cash receipts from share of profits of partnership firm or association of
persons or limited liability partnerships |
0.00 |
|
Cash payment for investment in partnership firm or association of persons or
limited liability partnerships |
0.00 |
|
Proceeds from sales of property, plant and equipment |
0.00 |
|
Purchase of property, plant and equipment |
2,097.52 |
|
Proceeds from sales of investment property |
0.00 |
|
Purchase of investment property |
0.00 |
|
Proceeds from sales of intangible assets |
0.00 |
|
Purchase of intangible assets |
0.00 |
|
Proceeds from sales of intangible assets under development |
0.00 |
|
Purchase of intangible assets under development |
0.00 |
|
Proceeds from sales of goodwill |
0.00 |
|
Purchase of goodwill |
0.00 |
|
Proceeds from biological assets other than bearer plants |
0.00 |
|
Purchase of biological assets other than bearer plants |
0.00 |
|
Proceeds from government grants |
0.00 |
|
Proceeds from sales of other long-term assets |
0.00 |
|
Purchase of other long-term assets |
0.00 |
|
Cash advances and loans made to other parties |
0.00 |
|
Cash receipts from repayment of advances and loans made to other parties |
0.00 |
|
Cash payments for future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Cash receipts from future contracts, forward contracts, option contracts and
swap contracts |
0.00 |
|
Dividends received |
0.00 |
|
Interest received |
52.77 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
(1,297.48) |
|
Net cash flows from (used in)
investing activities |
(3,342.23) |
|
Cash flows from used in
financing activities |
|
|
Proceeds from changes in ownership interests in subsidiaries |
0.00 |
|
Payments from changes in ownership interests in subsidiaries |
0.00 |
|
Proceeds from issuing shares |
0.00 |
|
Proceeds from issuing other equity instruments |
0.00 |
|
Payments to acquire or redeem entity's shares |
0.00 |
|
Payments of other equity instruments |
0.00 |
|
Proceeds from exercise of stock options |
0.00 |
|
Proceeds from issuing debentures notes bonds etc |
0.00 |
|
Proceeds from borrowings |
655.33 |
|
Repayments of borrowings |
0.00 |
|
Payments of lease liabilities |
116.40 |
|
Dividends paid |
0.00 |
|
Interest paid |
1,926.55 |
|
Income taxes paid (refund) |
0.00 |
|
Other inflows (outflows) of cash |
(5,357.69) |
|
Net cash flows from (used in)
financing activities |
(6,745.31) |
|
Net increase (decrease) in cash
and cash equivalents before effect of exchange rate changes |
4.66 |
|
Effect of exchange rate changes
on cash and cash equivalents |
|
|
Effect of exchange rate changes on cash and cash equivalents |
0.00 |
|
Net increase (decrease) in cash
and cash equivalents |
4.66 |
|
Cash and cash equivalents cash flow statement at beginning of period
|
404.41 |
|
Cash and cash equivalents cash
flow statement at end of period |
409.07 |
Details of Impact of Audit Qualification
Amount in (Lakhs)
| Whether results are audited or unaudited |
Unaudited |
| Declaration of unmodified opinion or statement on impact of audit qualification |
Declaration of unmodified opinion |
| Auditor's opinion |
|
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015:
The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified
opinion for the period on Standalone results |
Yes |
| Sr No. |
Audit firm's name |
Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI |
Certificate valid upto |
| 1 |
Singhi & Co |
Yes |
31-08-2028 |