Mstc Limited — Q1FY27 earnings call summary

Filed 20 August 2026 · Official transcript

Q1 FY27 revenue from operations Rs. 94.25 Cr, +22% y-y; EBITDA margin 69.05%, +3% y-y
TReDS platform awaiting RBI approval, expected operationalization in FY27; revenue from transaction fees
JV with Mahindra profitable this quarter; positive outlook for continuation
Multiple coal exchanges expected; MSTC leveraging sector experience; volumes may be shared across platforms
PAT Rs. 58.12 Cr, +31.14% y-y; EPS Rs. 8.26
E-commerce revenue Rs. 89.49 Cr, main growth driver; scrap sales ~50-55% of e-commerce revenue
EPR certificate exchange platform ready, awaiting government notification to start operations
Travel portal launched B2B segment; B2C rollout after IATA empanelment; revenue stream based on selection fees