| Scrip Code | 532440 |
|---|---|
| NSE Symbol | MPSLTD |
| MSEI Symbol | NOTLISTED |
| ISIN | INE943D01017 |
| Name of company | MPS 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 | 02-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 22-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Standalone |
| 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 | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 02-02-2026 13:30:00 |
| End date and time of board meeting | 02-02-2026 15:45:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| There are no borrowed funds. | |
| 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 | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 10,812.00 | 31,895.00 | |
| Other income | 179.00 | 985.00 | |
| Total income | 10,991.00 | 32,880.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 0.00 | 0.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 |
| (d) | Employee benefit expense | 4,618.00 | 13,581.00 |
| (e) | Finance costs | 25.00 | 76.00 |
| (f) | Depreciation, depletion and amortisation expense | 281.00 | 879.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 2,106.00 | 6,406.00 |
| Total other expenses | 2,106.00 | 6,406.00 | |
| Total expenses | 7,030.00 | 20,942.00 | |
| 3 | Total profit before exceptional items and tax | 3,961.00 | 11,938.00 |
| 4 | Exceptional items | (611.00) | (611.00) |
| 5 | Total profit before tax | 3,350.00 | 11,327.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 1,023.00 | 3,108.00 |
| 8 | Deferred tax | (143.00) | (147.00) |
| 9 | Total tax expenses | 880.00 | 2,961.00 |
| 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 | 2,470.00 | 8,366.00 |
| 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 | 2,470.00 | 8,366.00 |
| 17 | Other comprehensive income net of taxes | 113.00 | 126.00 |
| 18 | Total Comprehensive Income for the period | 2,583.00 | 8,492.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 1,711.00 | 1,711.00 | |
| 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 | 14.56 | 49.32 | |
| Diluted earnings (loss) per share from continuing operations | 14.55 | 49.28 | |
| 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 | 14.56 | 49.32 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 14.55 | 49.28 | |
| 24 | Debt equity ratio | 0 | 0 |
| 25 | Debt service coverage ratio | 0 | 0 |
| 26 | Interest service coverage ratio | 0 | 0 |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Notes 1.These results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards (Ind AS) notified under section 133 of the Companies Act 2013. These results have been reviewed by the Audit Committee and upon their recommendation approved by the Board of Directors at their meeting held on 02 February 2026. The Statutory auditors of the Company have carried out the limited review of the financial results for the quarter and nine months ended 31 December 2025 and an unmodified review report has been issued. The same is available with Stock Exchanges and on the Companys website at www.mpslimited.com. 2.These financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act 2013 read with the relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 and SEBI Circular dated 5 July 2016. 4.The Nomination and Remuneration Committee at its meeting held on 22 December 2025 considered and approved the grant of 28906 (Twenty Eight Thousand Nine Hundred and Six Only) options to the eligible employees of the Company and its subsidiary under the MPS Limited Employee Stock Options Scheme 2023. 5. On 21 November 21 2025 the Government of India notified provisions of the Code on Wages 2019 the Industrial Relations Code 2020 the Code on Social Security 2020 and the Occupational Safety Health and Working Conditions Code 2020 (collectively referred to as the Labour Codes) thereby consolidating the existing twenty nine labour laws. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Company has assessed and disclosed the incremental impact of these changes on the basis of experts involved and the best information available consistent with the guidance provided by the Institute of Chartered Accountants of India. Considering the materiality and being regulatory driven non recurring nature of the impact the Company has presented such incremental impact under Exceptional Items in the standalone financial results for the quarter and nine months period ended 31 December 2025. The incremental impact consisting of gratuity of INR 450 lacs and long term compensated absences of INR161 lacs primarily arising due to change in wage definition. The Company continues to monitor developments relating to the implementation of the Labour Codes and will assess the impact if any on the remeasurement of employee benefit obligations in future periods. 6.The Board of Directors in their meeting held on 16 May 2025 had recommended a final dividend of INR 50 per equity share (face value of INR 10 per share) for the financial year 2024 25. This was approved by the shareholders in the Annual General Meeting held on 29 August 2025 and was remitted to the shareholders by 06 September 2025. 7.The Board of Directors of MPS Limited approved a draft Scheme of Amalgamation on 18 July 2025 under Sections 230–232 of the Companies Act 2013 for the merger of ADI BPO Services Limited (the Holding Company post demerger of its infrastructure management and investing business undertakings) into MPS Limited. The Scheme is currently under review by the designated Stock Exchange for issuance of a No Objection Certificate (NOC) as per SEBI Listing Regulations. Filing with the National Company Law Tribunal (NCLT) will follow upon receipt of the NOC. 8.During the nine months period ended 31 December 2025 the Company has recognised a dividend Income of lNR 3.88 crores (EUR 400000) from TOPSIM GMBH its wholly owned subsidiary. This is included under Other Income in the financial results of the Company. 9.The figures for the corresponding previous quarter period and year have been regrouped reclassified wherever necessary to make them comparable. |
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| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| 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 | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Research Solutions | 7,778.00 | 22,174.00 | ||||
| 2 | Education Solutions | 3,034.00 | 9,721.00 | ||||
| Total Segment Revenue | 10,812.00 | 31,895.00 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Revenue from operations | 10,812.00 | 31,895.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Research Solutions | 3,466.00 | 9,800.00 | ||||
| 2 | Education Solutions | 1,622.00 | 5,198.00 | ||||
| Total Profit before tax | 5,088.00 | 14,998.00 | |||||
| i. Finance cost | 25.00 | 76.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 1,713.00 | 3,595.00 | |||||
| Profit before tax | 3,350.00 | 11,327.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Research Solutions | 0.00 | 0.00 | ||||
| 2 | Education Solutions | 0.00 | 0.00 | ||||
| Total Segment Asset | 0.00 | 0.00 | |||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Asset | 0.00 | 0.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Research Solutions | 0.00 | 0.00 | ||||
| 2 | Education Solutions | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 0.00 | 0.00 | |||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | 0.00 | 0.00 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
| Textual Information(2) | Segment Reporting 3a. Based on the management approach as defined in Ind AS 108 Operating Segments the Chief Operating Decision Maker (CODM) evaluates the Comapnys performance and allocates resources based on an analysis of various performance indicators by business segments. The accounting principles used in the preparation of the financial results are consistently applied to record revenue and expenditure in individual segments. 3b. Assets and liabilities used in the Companys business are not identified to any of the reportable segments as these are used interchangeably between segments and the management believes that it is not practicable to provide segment disclosures relating to total assets and liabilities. |
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| 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 | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Re-measurement gain/(loss) on defined benefit plans | 104.00 | 11.00 |
| Total Amount of items that will not be reclassified to profit and loss | 104.00 | 11.00 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 26.00 | 2.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Exchange difference on translation of foreign operations | 35.00 | 117.00 |
| Total Amount of items that will be reclassified to profit and loss | 35.00 | 117.00 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 113.00 | 126.00 |