💡 Did you know?
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
MSTC Limited is an India-based e-commerce company. The Company is engaged in providing e-commerce related services across diversified industry segment offering e-auction/e-sale, e-procurement services, and development of customized software/solutions. The Company operates…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, fairly priced.
MSTC is scored on the general / industrial framework. It keeps a fat 48.2% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.13×) — worth a closer look. It throws off free cash worth 5.5% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at -20%/yr and profit at -3%/yr. Book value has grown 5%/yr. Return on equity is an elite 24.2%. In the latest quarter profit fell 25% versus the prior quarter.
At 19× earnings, the stock sits at the 56th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~7%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 17.71 | 6.69 | worse |
| P/B | 4.59 | 3.37 | worse |
| EV/EBITDA | 9.21 | — | — |
| ROE | 24.16 | 24.99 | worse |
| ROCE | 27.5 | — | — |
| ROA | 11.65 | — | — |
| Quick Ratio | 1.49 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Zomato | 711.8 | 11.2 | 1.6% |
| Paytm | 134.9 | 6.9 | 5.2% |
| Nykaa | 308.9 | 61.0 | 19.5% |
Negative CAGR — the top line has shrunk over this window. Growth is accelerating — latest year outpaced the prior year's rate.
Profit is growing faster than revenue (-3% vs -20%) — margin expansion is at work. The latest year saw a -46% swing — check if it's a one-off or structural.
Operating margin has expanded from 37% to 65% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 24% — the business earns well above its cost of equity. ROE powered by fat margins — the hallmark of a high-quality franchise with pricing power. Capital efficiency declining — ROE down 7pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -3% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 22% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (32% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 28% above earlier ones.
Profit fell 25% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (46% → 49%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 64.8% — majority control intact. FIIs have accumulated for 3 straight quarters — sustained foreign institutional conviction.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.