MSTCLTD2026-01-012026-03-31MSTCLTD2026-03-31MSTCLTD2025-03-31MSTCLTD2025-04-012026-03-31MSTCLTD2026-01-012026-03-31in-capmkt:OtherExpenses1MemberMSTCLTD2026-01-012026-03-31in-capmkt:OtherExpenses2MemberMSTCLTD2026-01-012026-03-31in-capmkt:OtherExpenses3MemberMSTCLTD2025-04-012026-03-31in-capmkt:OtherExpenses1MemberMSTCLTD2025-04-012026-03-31in-capmkt:OtherExpenses2MemberMSTCLTD2025-04-012026-03-31in-capmkt:OtherExpenses3MemberMSTCLTD2026-03-31OtherNoncurrentFinancialAssetsDomain1MSTCLTD2026-03-31OtherNoncurrentAssetsDomain1MSTCLTD2026-03-31OtherNoncurrentAssetsDomain2MSTCLTD2026-03-31OtherNoncurrentAssetsDomain3MSTCLTD2026-03-31OtherCurrentFinancialAssetsDomain1MSTCLTD2026-03-31OtherCurrentAssetsDomain1MSTCLTD2026-03-31OtherNoncurrentFinancialLiabilitiesDomain1MSTCLTD2026-03-31OtherNoncurrentLiabilitiesDomain1MSTCLTD2026-03-31OtherCurrentFinancialLiabilitiesDomain1MSTCLTD2026-03-31OtherCurrentLiabilitiesDomain1MSTCLTD2026-01-012026-03-31in-capmkt:ReportableSegments1MemberMSTCLTD2026-01-012026-03-31in-capmkt:ReportableSegments2MemberMSTCLTD2026-01-012026-03-31in-capmkt:ReportableSegments3MemberMSTCLTD2025-04-012026-03-31in-capmkt:ReportableSegments1MemberMSTCLTD2025-04-012026-03-31in-capmkt:ReportableSegments2MemberMSTCLTD2025-04-012026-03-31in-capmkt:ReportableSegments3MemberMSTCLTD2026-01-012026-03-31in-capmkt:ReportableSegments1MemberMSTCLTD2026-01-012026-03-31in-capmkt:ReportableSegments2MemberMSTCLTD2026-01-012026-03-31in-capmkt:ReportableSegments3MemberMSTCLTD2025-04-012026-03-31in-capmkt:ReportableSegments1MemberMSTCLTD2025-04-012026-03-31in-capmkt:ReportableSegments2MemberMSTCLTD2025-04-012026-03-31in-capmkt:ReportableSegments3MemberMSTCLTD2026-01-012026-03-31in-capmkt:ReportableSegments1MemberMSTCLTD2026-03-31in-capmkt:ReportableSegments1MemberMSTCLTD2026-01-012026-03-31in-capmkt:ReportableSegments2MemberMSTCLTD2026-03-31in-capmkt:ReportableSegments2MemberMSTCLTD2026-01-012026-03-31in-capmkt:ReportableSegments3MemberMSTCLTD2026-03-31in-capmkt:ReportableSegments3MemberMSTCLTD2026-01-012026-03-31in-capmkt:ReportableSegments1MemberMSTCLTD2026-03-31in-capmkt:ReportableSegments1MemberMSTCLTD2026-01-012026-03-31in-capmkt:ReportableSegments2MemberMSTCLTD2026-03-31in-capmkt:ReportableSegments2MemberMSTCLTD2026-01-012026-03-31in-capmkt:ReportableSegments3MemberMSTCLTD2026-03-31in-capmkt:ReportableSegments3MemberMSTCLTD2026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1MSTCLTD2025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1MSTCLTD2026-01-012026-03-31RelatedPartyTransactionDomain1MSTCLTD2025-12-31RelatedPartyTransactionDomain1MSTCLTD2026-03-31RelatedPartyTransactionDomain1MSTCLTD2026-01-012026-03-31RelatedPartyTransactionDomain2MSTCLTD2025-12-31RelatedPartyTransactionDomain2MSTCLTD2026-03-31RelatedPartyTransactionDomain2MSTCLTD2026-01-012026-03-31RelatedPartyTransactionDomain3MSTCLTD2025-12-31RelatedPartyTransactionDomain3MSTCLTD2026-03-31RelatedPartyTransactionDomain3MSTCLTD2026-01-012026-03-31RelatedPartyTransactionDomain4MSTCLTD2025-12-31RelatedPartyTransactionDomain4MSTCLTD2026-03-31RelatedPartyTransactionDomain4MSTCLTD2026-01-012026-03-31RelatedPartyTransactionDomain5MSTCLTD2025-12-31RelatedPartyTransactionDomain5MSTCLTD2026-03-31RelatedPartyTransactionDomain5MSTCLTD2026-01-012026-03-31RelatedPartyTransactionDomain6MSTCLTD2025-12-31RelatedPartyTransactionDomain6MSTCLTD2026-03-31RelatedPartyTransactionDomain6MSTCLTD2026-01-012026-03-31RelatedPartyTransactionDomain7MSTCLTD2025-12-31RelatedPartyTransactionDomain7MSTCLTD2026-03-31RelatedPartyTransactionDomain7MSTCLTD2026-01-012026-03-31RelatedPartyTransactionDomain8MSTCLTD2025-12-31RelatedPartyTransactionDomain8MSTCLTD2026-03-31RelatedPartyTransactionDomain8MSTCLTD2026-01-012026-03-31RelatedPartyTransactionDomain9MSTCLTD2025-12-31RelatedPartyTransactionDomain9MSTCLTD2026-03-31RelatedPartyTransactionDomain9MSTCLTD2026-01-012026-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares542597MSTCLTDNOTLISTEDINE255X01014MSTC LIMITEDMain BoardEquity2025-04-012026-03-312026-05-292026-05-19INRLakhsQuarterlyFourth quarterMulti segment2026-05-2914:00:002026-05-2917:45:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2026-02-11https://www.mstcindia.co.in/MSTC_Static_Pages/frontpage/newpolicy/Related%20Party%20Trasaction%20Policy.pdffalsefalseLoans or Debt Securities are not applicable on the company.2026-01-012026-03-31AuditedStandalone11879720003157170001503689000000258125000026992000184541000469658000103403100001034031000267613000838600027599900007580320000000758032000114620007694940007040000001010.7710.770010.7710.77Notes: <BR> 1) The above results for the quarter and year ended 31st March 2026 have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013 read together with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on 29th May 2026. The statutory auditor has reviewed the results as required under regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (SEBI LODR) as amended. <BR> 2) The figures for the quarter ended March 31, 2026 and March 31, 2025 are the balancing figures between the audited figures in respect of the full financial year and published year to date figures up to the third quarter of respective financial years. <BR> 3) Employee Benefit Expenses include Rs. 238.17 Lakhs pertaining to liability on account of increase in Gratuity limit from Rs. 20.00 Lakhs to Rs. 25.00 Lakhs (due to increase in DA above 50% of Basic Pay in terms of DPE guidelines). <BR> 4) The Government of India notified new labour codes, effective from November 21, 2025. The Ministry of Labour & Employment has published draft Rules and FAQs to enable assessment of the financial impact due to changes in regulation. The Company has provided for Rs. 10.20 Lakhs on account of Gratuity liability of fixed term employees in this regard, in terms of Actuarial Valuation based on internal assessment of the Company. The Company continues to monitor the notification of State Rules and clarifications from the Government on other aspects of the Labour Code. It is also in the process of detailed assessment and would provide appropriate accounting effect on the basis of such developments as needed. <BR> 5) Other Income include Rs. 1,471.19 Lakhs liabilities ageing more than five years written back in terms of Accounting Policy approved by the Board. <BR> 6) In terms of impairment testing under Ind AS 36, the fair value of MSTC Limited's investment in MMRPL as on March 31, 2026, was assessed at Rs. 2,850.00 Lakhs (Previous FY Rs. 2,494.00 Lakhs), compared to the carrying amount of Rs. 4,000.00 Lakhs (Previous FY Rs. 3,500.00 Lakhs). Accordingly, a differential impairment loss of Rs. 144.00 Lakhs (Previous FY Rs. 1,006.00 Lakhs) has been recognized in the Standalone Financial Statements. With this the cumulative impairment loss till date stands at Rs. 1,150.00 Lakhs (Previous FY Rs. 1,006.00 Lakhs). <BR> 7) The Current Borrowings includes Rs. 14,361.97 Lakhs (Previous period Rs. 14,361.97 Lakhs) towards payment made by Standard Chartered Bank (SCB), after purchase of export bills of MSTC raised on foreign buyers against export of Gold Jewelleries to the buyers during 2008-09, under a Receivable Purchase Agreement. On non-receipt of the proceeds from the foreign buyers against the bills, SCB submitted claims with the Insurance Company, who, however, wrongfully repudiated the claim of SCB. Thereafter, SCB converted the receivables purchased from MSTC under the Receivables Purchase Agreement into loans or debts as if owing by MSTC, claimed the amount from MSTC with interest and filed a case, being the Original Application (OA) in the Debt Recovery Tribunal (DRT), Mumbai in the year 2012, which MSTC has denied and disputed. The claim of SCB is contingent upon the outcome of legal cases. Pending final disposal of all such Court cases where the matters are currently pending, MSTC has disclosed the amount simultaneously as Borrowings and as Trade Receivables. The matter is sub-judice and is contingent in nature, at this juncture. <BR> 8) There were no exceptional items during the quarter and year ended 31st March 2026. Exceptional items of previous year include expenditure of Rs. 3,850.33 lakhs (USD 38.93 Lakhs and Rs. 481.98 Lakhs) towards payment and provision on account of very old arbitration awards and profit on sale of investment in FSNL of Rs. 30,169.19 Lakhs (net of sale proceeds of Rs. 32,000.00 lakhs minus Rs. 1,581.00 lakhs original value of investment and Rs. 249.81 lakhs direct expenses on sale) to Konoike Transport Company Limited. <BR> 9) The audited Accounts are subject to Supplementary Audit by the Comptroller and Auditor General of India under section 143(6) of the Companies Act, 2013. <BR> 10) The Board of Directors has declared Final Dividend at the rate of 81 percent per equity share of face value of Rs. 10.00 each i.e. Rs. 8.10 per equity share for the financial year 2025-26 subject to approval of the shareholders in the Annual General Meeting. <BR> 11) Figures of the previous period or year have been regrouped, reclassified, rearranged to conform to the classification of the current period or year, wherever necessary.2025-04-012026-03-31AuditedStandalone36965660008338030004530369000000987250000010363200048258000015734620002956907000029569070007188120002120800074002000002216887000000022168870005777000222266400070400000010850154000031.4931.490031.4931.49Impairment Losses14400000Provisions and Write Off-9050000Others179191000Impairment Losses14400000Provisions and Write Off-9050000Others4772300001941305000000480840004800000028500000000029066000290660009551250009680860004231466000002269048000553723500077385730000440554000159854100000564620001604187200000202733380007040000008501540000920554000092055400000000338030003380300016473100000109278000307812000145002000001261632000126163200078446600001055631200019507800085960000010759986000001106779800020273338000Other Financial Assets29066000Other non-current assets524571000Non Current Tax Assets (Net)374104000Right of Use Assets - Leasehold Land69411000Other Financial Assets440554000Other current assets56462000Other non-current financial liabilities33803000Other non-current liabilities109278000Other current financial liabilities7844660000Other current liabilities195078000Marketing30778000E-commerce1325401000Others(unallocated)147510000Marketing254738000E-commerce4125307000Others(unallocated)1503240001503689000453036900015036890004530369000Marketing30459000E-commerce1322497000Others(unallocated)-318925000Marketing253821000E-commerce4091960000Others(unallocated)-13888740001034031000295690700010340310002956907000Marketing0E-commerce0Others(unallocated)0000Marketing0E-commerce0Others(unallocated)00001) In terms of IndAS 108 the company has identified Marketing and E-Commerce as its two Primary Reportable Business Segments. There is no Secondary Segment. <BR> 2) Assets and liabilities used in the company's business are not identified to any of the reportable segments, as these are used interchangably between the segments. Hence the Management believes, that it is currently not practicable to provide segment disclosure related to assets and liabilities.009794980000-3342430000000-27065270000-3104300001043780001440000010938000-1561690000000683479000000074900000-28014980001554090000004333510000-2779420000000050000000007660002225560000-2066635000000000000000000077333100000256817600000000000000535040000000-53504000017551940000175519400037820410005537235000Remeasurements of the net defined benefit plans1531700015317000Remeasurements of the net defined benefit plans772000077200003855000194300000114620005777000MSTC Limited******Sri Manobendra Ghoshal******Chairman and Managing DirectorRemunerationNot Applicable719300000MSTC Limited******Sri Subrata Sarkar******Director( Finance) & CFORemunerationNot Applicable513800000MSTC Limited******Smt. Bhanu Kumar******Director ( Commercial)RemunerationNot Applicable619500000MSTC Limited******ALKA CHANDRAKAR******Independent DirectorAny other transactionSitting FeesNot Applicable18000000MSTC Limited******CHANDRA SHEKHAR BAGHEL******Independent DirectorAny other transactionSitting FeesNot Applicable20000000MSTC Limited******RAMESH KUMAR SONI******Independent DirectorAny other transactionSitting FeesNot Applicable26000000MSTC Limited******Sri Ajay Kumar Rai******Company SecretaryRemunerationNot Applicable354000000MSTC Limited******Mahindra MSTC Private Limited******Joint VentureAny other transactionAmount received towards reimbursement of expenditureNot Applicable264300000MSTC Limited******Mahindra MSTC Private Limited******Joint VentureSale of goods or services10000000Audit committee has provided omnibus approval for transaction with JV company12930000026642000AuditedtrueS Guha & Associatestrue2027-03-31