Mstc Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2026, recommended Final Dividend of Rs. 8.10 per equity share.
MSTCLTD · price
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MSTC Limited reported standalone total income of ₹45,304 lakh for FY2026, up ~16.9% from ₹38,750 lakh in FY2025. However, profit after tax declined sharply to ₹22,169 lakh from ₹40,298 lakh (down ~45%), impacted by a one-time write-back of ₹1,471.19 lakh in prior period liabilities inflating the prior year comparison. The board recommended a final dividend of ₹8.10 per share (81%), in addition to an interim dividend already paid. The auditor issued an unmodified opinion with emphasis of matter on a ₹14,361.97 lakh disputed borrowing from Standard Chartered Bank (DRT case, now dropped at appellate level) and on impairment losses of ₹144 lakh in the Mahindra MSTC Recycling joint venture. The company is seeking shareholder and ministry approval to add travel and tourism operations to its MoA objects.
PAT declined 45% YoY due to a large one-time prior-year income (FSNL sale), though underlying revenue grew 17%. The ongoing SCB legal dispute and subsidiary impairments are watch items, but strong cash reserves and dividend payout signal financial stability.