31.19
+2.87%
Close of 9 Nov 2026, in INR
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About MSP Steel & Power
Its shares trade on NSE under the ticker MSPL.NS. It has been listed since 24 July 2005. In the fiscal year to 31 March 2026, it reported revenue of ₹28.43bn and net income of ₹337.7m. At that date it held total assets of ₹17.28bn and shareholders' equity of ₹10.30bn.
MSP Steel & Power Ltd. engages in the manufacture and marketing of iron and steel products. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2005-07-24. The firm is engaged in the manufacture and sale of iron and steel products and generation of power. The firm has a manufacturing plant at Raigarh, Chhattisgarh, India. The Company’s products include TMT Bars, Structural Steel and Pipes. Its sales and marketing dealers are located across India. The firm is a manufacturer of structural steel sections in India with a distribution network spread across the country catering to a range of industrial, infrastructural and agricultural sectors. The company manufactures H beams, I Beams, Channels, Angles and Round bars. The company offers various range of pipes, including versatile Hollow Sections, Black or Galvanized Pipes for ordinary usage as per BIS Grade 1239 (Part-I), Steel Pipes for sewage and water purposes, Black and GP Square and Rectangular Hollow Sections for Structural Purposes, and Black/ Galvanized/Pre-galvanized pipes for general engineering purposes.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 24 Jul 2005
- Employees
- 1,137
- Website
- mspsteel.com ↗
Leadership
Pay as last reported
- Mr. Suresh AgrawalNon-Executive Chairman of the Board, since 2021₹260,000
- Mr. Kamal JainChief Financial Officer, since 2015
- Ms. Shreya KarChief Compliance Officer, Company Secretary
- Mr. Saket AgrawalManaging Director, Executive Director₹310,000
- Mr. Manish AgrawalExecutive Joint Managing Director₹310,000
- Mr. Pradip DeyAdditional Non-Executive Director
- Mr. Pranab ChakrabartyAdditional Non-Executive Independent Director
- Mr. Anubhav GoenkaAdditional Non-Executive Independent Director
- Mr. Navneet JagatramkaNon-Executive Independent Director
- Mrs. Suneeta MohantyNon-Executive Independent Director
- Mr. Pramode PandeyAdditional Non-Executive Independent Director
- Mr. Ashok SoinNon-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- MSP Steel & Power Ltd manufactures TMT Bars, Structural Steel, and Pipes in Raigarh, Chhattisgarh.
- The company employs 1,137 full-time employees across India with a nationwide distribution network.
- MSP Steel & Power Ltd offers H beams, I Beams, Channels, and Angles for structural applications.
Weaknesses
- The company's manufacturing plant is located in Raigarh, Chhattisgarh, India, limiting regional flexibility.
- MSP Steel & Power Ltd has no mention of international markets or exports in its business description.
- The firm's focus on traditional steel products may not address emerging market demands.
Opportunities
- Expanding into new markets for Hollow Sections and Black/Galvanized Pipes across India.
- Increasing demand for structural steel sections in infrastructure projects nationwide.
- Growing need for steel pipes in agricultural and water infrastructure sectors.
Threats
- Competition from other steel manufacturers in the Indian Materials sector.
- Economic downturns affecting infrastructure and construction spending in India.
- Regulatory changes in the Metals & Mining industry impacting production costs.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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