PSU stock soars! MSTC share price hits 20% upper circuit, rallies 116% in 7 months - What's fuelling rally in Miniratna?

Résumé détaillé

MSTC shares surged 20% after the state-owned company reported a 57.73% year-on-year rise in Q2 net profit to ₹74.92 crore and 29.41% revenue growth to ₹110 crore. E-commerce transactions exceeded ₹54,580 crore in H1 FY27.

MSTC share price: MSTC shares surged 20% on Friday, November 13, after the government-owned company reported strong financial performance for the September 2026 quarter, with net profit rising 57.73% year-on-year (YoY) and revenue increasing 29.41%. The stock climbed to an intraday high of ₹783.65 on the BSE, moving closer to its 52-week high following the earnings announcement.

The company's investor presentation also highlighted record quarterly and half-yearly profitability since its stock market listing in March 2019. Growth in its e-commerce business, higher operating earnings and several significant business developments supported its performance.

MSTC reported net profit of ₹74.92 crore in Q2 FY27, compared with ₹47.50 crore in the corresponding quarter last year. Revenue from operations increased 29.41% to ₹110 crore from ₹85 crore.

Operating profit grew 43.39% to ₹73.89 crore from ₹51.53 crore. Net profit margin expanded to 68.1% from 55.9% in the year-ago quarter.

The investor presentation highlighted the company's highest-ever second-quarter profit before tax (PBT) of ₹99.53 crore and profit after tax (PAT) of ₹74.60 crore since listing in March 2019. The presentation's Q2 PAT figure differs from the ₹74.92 crore cited in the supplied earnings brief.

For H1 FY27, standalone EBITDA increased 41.19% to ₹184.55 crore from ₹130.71 crore. PBT rose 41.55% to ₹178.06 crore from ₹125.79 crore, while PAT grew 41.99% to ₹132.72 crore from ₹93.47 crore.

Consolidated H1 PAT increased 48.19% to ₹133.13 crore from ₹89.84 crore, while consolidated EPS rose to ₹18.91 from ₹12.76.

MSTC's e-commerce vertical recorded transactions worth more than ₹545.80 billion, or ₹54,580 crore, during H1 FY27. The company also completed its planned exit from the legacy trading business.

During the quarter, it partnered with the Karnataka government's Excise Department to conduct e-auctions for liquor shop licences.

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