Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of MPS Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 127 | 133 | 130 | 134 | 149 | 181 | 178 | 186 | 182 | 186 | 194 | 182 | 205 |
| Expenses + | 82 | 91 | 89 | 89 | 107 | 140 | 124 | 126 | 126 | 136 | 134 | 125 | 138 |
| Operating Profit | 46 | 42 | 41 | 45 | 43 | 41 | 54 | 60 | 56 | 50 | 60 | 58 | 68 |
| OPM % | 36% | 32% | 31% | 33% | 29% | 23% | 30% | 32% | 31% | 27% | 31% | 32% | 33% |
| Other Income + | 2 | 3 | 5 | 1 | 3 | 2 | 2 | 2 | 13 | 6 | 15 | -5 | 7 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 5 | 5 | 5 | 5 | 6 | 7 | 7 | 7 | 7 | 7 | 6 | 6 | 8 |
| Profit before tax | 43 | 41 | 41 | 41 | 39 | 36 | 48 | 55 | 62 | 50 | 69 | 46 | 65 |
| Tax % | 25% | 25% | 26% | 27% | 27% | 28% | 27% | 26% | 24% | 29% | 20% | 22% | 28% |
| Net Profit + | 32 | 30 | 30 | 30 | 29 | 26 | 35 | 41 | 47 | 35 | 55 | 36 | 47 |
| EPS in Rs | 18.78 | 17.71 | 17.56 | 17.38 | 16.78 | 15.14 | 20.60 | 23.80 | 27.52 | 20.60 | 32.41 | 20.75 | 27.50 |
Financials of MPS Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 224 | 257 | 289 | 267 | 363 | 332 | 423 | 449 | 501 | 545 | 727 | 768 |
| Expenses + | 143 | 166 | 195 | 180 | 269 | 253 | 316 | 323 | 344 | 375 | 516 | 533 |
| Operating Profit | 81 | 91 | 93 | 87 | 94 | 79 | 107 | 126 | 157 | 170 | 211 | 236 |
| OPM % | 36% | 35% | 32% | 33% | 26% | 24% | 25% | 28% | 31% | 31% | 29% | 31% |
| Other Income + | 18 | 18 | 15 | 23 | 25 | 20 | 10 | 14 | 11 | 12 | 18 | 23 |
| Interest | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 1 | 1 | 1 | 2 |
| Depreciation | 5 | 4 | 6 | 8 | 11 | 15 | 21 | 21 | 19 | 20 | 27 | 28 |
| Profit before tax | 93 | 105 | 103 | 102 | 107 | 81 | 93 | 118 | 147 | 161 | 201 | 229 |
| Tax % | 34% | 32% | 31% | 31% | 29% | 26% | 37% | 26% | 26% | 26% | 26% | 24% |
| Net Profit + | 61 | 71 | 70 | 70 | 76 | 60 | 59 | 87 | 109 | 119 | 149 | 173 |
| EPS in Rs | 33.00 | 38.27 | 37.83 | 37.71 | 40.84 | 32.15 | 32.44 | 50.93 | 63.83 | 69.43 | 87.05 | 101.26 |
| Dividend Payout % | 67% | 58% | 0% | 32% | 61% | 156% | 0% | 59% | 31% | 108% | 95% | 0% |
Financials of MPS Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 18 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 237 | 261 | 329 | 400 | 453 | 348 | 363 | 350 | 410 | 443 | 461 | 579 |
| Borrowings + | 0 | 0 | 0 | 0 | 0 | 19 | 18 | 12 | 8 | 5 | 4 | 61 |
| Other Liabilities + | 26 | 26 | 34 | 33 | 65 | 57 | 107 | 118 | 124 | 271 | 188 | 285 |
| Total Liabilities | 282 | 305 | 381 | 451 | 537 | 443 | 507 | 497 | 559 | 736 | 670 | 942 |
| Fixed Assets + | 33 | 36 | 49 | 49 | 103 | 115 | 154 | 144 | 180 | 388 | 343 | 540 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 0 |
| Investments | 159 | 169 | 206 | 288 | 212 | 86 | 12 | 6 | 28 | 30 | 21 | 25 |
| Other Assets + | 91 | 100 | 127 | 114 | 221 | 242 | 340 | 347 | 351 | 316 | 303 | 377 |
| Total Assets | 282 | 305 | 381 | 451 | 537 | 443 | 507 | 497 | 559 | 736 | 670 | 942 |
Financials of MPS Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 50 | 49 | 45 | 78 | 54 | 53 | 99 | 115 | 113 | 118 | 101 | 197 |
| Cash from Investing Activity + | -149 | -2 | -42 | -71 | -2 | 157 | -62 | 16 | -64 | 25 | -5 | -133 |
| Cash from Financing Activity + | 104 | -49 | -0 | -0 | -27 | -175 | -53 | -116 | -70 | -93 | -140 | -52 |
| Net Cash Flow | 5 | -2 | 2 | 6 | 25 | 34 | -15 | 15 | -21 | 50 | -45 | 12 |
| Free Cash Flow | 48 | 42 | 41 | 76 | 51 | 48 | 93 | 111 | 109 | 111 | 92 | 188 |
| CFO/OP | 95% | 95% | 83% | 125% | 95% | 93% | 111% | 118% | 95% | 94% | 71% | 103% |
Financials of MPS Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 64 | 64 | 76 | 63 | 69 | 69 | 78 | 70 | 63 | 69 | 59 | 63 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 64 | 64 | 76 | 63 | 69 | 69 | 78 | 70 | 63 | 69 | 59 | 63 |
| Working Capital Days | 43 | 49 | 74 | 71 | 69 | 81 | 49 | 39 | 47 | -13 | 24 | 8 |
| ROCE % | 49% | 34% | 32% | 23% | 21% | 17% | 24% | 31% | 36% | 36% | 41% | 39% |