MSTC Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
MSTC reported Q1 FY27 revenue from operations of Rs. 94.25 crores, up nearly 22% year-on-year, driven by the highest-ever Q1 e-commerce revenue of Rs. 89.49 crores. EBITDA as a percentage of total income rose to 69.05% and PAT grew to Rs. 58.12 crores from Rs. 44.32 crores. Management said the company fully exited the legacy trading and marketing segment, and that its joint venture with Mahindra, MMRPL, posted a positive PAT for the first time in several years.
MSTC reported revenue from operations of about Rs 370 crore for FY26, which management said was the highest in four years, along with an 18.2% year-on-year increase in EBITDA to Rs 307.49 crore. Management described progress on exiting the marketing and trading business, the strategic disinvestment of FSNL, and development of two new digital platforms, an EPR trading portal and a B2B travel portal named MSTC Smart Travel, both awaiting launch. Management also discussed the joint venture MMRPL, coal and mineral e-auction volumes, and PAT growth of about 23% excluding the FSNL exceptional item.