Operational Performance Highlights (Standalone)

  • During H1 2026-27, the company transacted goods worth ₹545.80 billion through its e-commerce vertical.
  • MSTC has completed the planned process of exiting the legacy Trading business.

Business Highlights (Q2 2026-27)

  • Partnered with Karnataka Excise Department for liquor shop license e-auctions, generating approximately ₹125 crore revenue in the first tranche.
  • Sold residential/multi-purpose lands valued at ₹2,863 crores for Telangana State Industrial Infrastructure Corporation Limited and Hyderabad Metropolitan Development Authority.
  • Sold an Oil Rig on behalf of ONGC for USD 5,808,251.00 (equivalent to ₹55,24,80,835.12).
  • Conducted the first event of Coal Gasification successfully on behalf of Ministry of Coal.
  • Launched Round 6 of UDAN on MSTC portal (combined round for helicopters and fixed-wing aircraft).
  • Continued auctioning Major and Minor Mineral Blocks, Sand Blocks for Government of India and various State Governments.
  • Launched Tranche VIII auction of Critical Mineral Blocks containing 13 new blocks and 7 old blocks.
  • Successfully allocated seven commercial coal blocks under Round 15; launched Round 16 through MSTC's Portal.
  • Sold approximately 4 LMT of chrome valued at around ₹718 crore and 1.54 million MT of coal for ₹175 crore.

Financial Performance (Standalone - H1 2026-27)

  • Total Revenue: ₹257.20 crore (up 31.25% YoY from ₹195.96 crore)
  • E-commerce: ₹195.24 crore (up 33.47% YoY)
  • Others: ₹61.96 crore (up 27.33% YoY)
  • Marketing: ₹0.00 crore (down from ₹1.02 crore YoY)
  • Expenses: ₹72.65 crore (up 11.33% YoY)
  • EBITDA: ₹184.55 crore (up 41.19% YoY from ₹130.71 crore)
  • Depreciation: ₹6.49 crore (up 31.86% YoY)
  • Interest: ₹0.01 crore
  • Profit Before Tax: ₹178.06 crore (up 41.55% YoY from ₹125.79 crore) - Highest ever H1 PBT since listing
  • Tax: ₹45.34 crore (up 40.28% YoY)
  • Profit After Tax: ₹132.72 crore (up 41.99% YoY from ₹93.47 crore) - Highest ever H1 PAT since listing
  • EPS: ₹18.85 (up 41.99% YoY from ₹13.28)

Financial Performance (Consolidated - H1 2026-27)

  • Total Revenue: ₹257.20 crore (up 31.25% YoY)
  • Expenses: ₹79.14 crore (up 12.78% YoY)
  • Share of profit/(loss) of Joint Ventures: ₹0.41 crore (improved from loss of ₹3.63 crore YoY)
  • Profit Before Tax: ₹178.47 crore (up 46.10% YoY from ₹122.16 crore)
  • Tax: ₹45.34 crore (up 40.28% YoY)
  • Profit After Tax: ₹133.13 crore (up 48.19% YoY from ₹89.84 crore)
  • EPS: ₹18.91 (up 48.19% YoY from ₹12.76)
  • Joint Venture MMRPL posted H1 profit of ₹0.82 crore after continuous losses for the previous 4 years.

Detailed P&L Statement (H1 2026-27)

Standalone:

  • Revenue from operations: ₹204.26 crore (up 25.75% YoY)
  • Other Income: ₹52.94 crore (up 57.89% YoY)
  • Employee benefit expense: ₹51.89 crore (up 11.97% YoY)
  • Finance costs: ₹0.01 crore
  • Depreciation and amortization: ₹6.49 crore (up 31.86% YoY)
  • Other expenses: ₹20.76 crore (up 9.77% YoY)

Consolidated:

  • All revenue and expense items identical to standalone figures
  • Share of profit/(loss) of Joint Ventures: ₹0.41 crore (vs. loss of ₹3.63 crore YoY)

Future Business Plans

  • Examining feasibility of setting up Coal & other Mineral exchanges
  • MSTC Travel Portal for B2B is ready and being upgraded for B2C operation
  • Developing a TReDS platform and has applied to RBI for requisite clearance