MPS Limited
NSE: MPSLTD · Printing & Publication · sector
₹2,334.10NSE close 2026-10-26
Key numbers
Market cap₹3,994 cr
Price₹2,334.10
52w high / low₹2,979 / ₹1,336
P/E21.0xSector median 10.1x
P/B6.7xSector median 1.2x
Book value₹348.5
Dividend yield2.17%Sector median 2.62%
ROE35.0%Sector median 7.0%
ROCE39.7%Sector median 9.2%
OPM33.3%Sector median 14.2%
Debt / equity0.07xSector median 0.47x
EV/EBITDA14.6xSector median 4.0x
Interest cover88.3x
Current ratio1.45x
Sales growth 3y+15.3%Sector median +7.4%
Profit growth 3y+16.6%Sector median +10.7%
PEG1.24x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 8 companies in Printing & Publication (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹119 cr vs borrowings ₹40 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 88.3x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY25, FY24).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 7% of net profit in the last 12 months.
- Dividend paid in 4 of the last 5 financial years.
- Price ₹2,334.10 on 2026-10-26: -21.6% from the 52-week high, +74.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹2,929.60 · low ₹1,366.70
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 178 | 186 | 182 | 186 | 194 | 182 | 205 | 224 |
| EBITDA | 54 | 60 | 62 | 50 | 73 | 50 | 68 | 77 |
| OPM % | 30.1% | 32.4% | 34.0% | 26.7% | 37.7% | 27.5% | 33.1% | 34.3% |
| Other income | 2 | 2 | 7 | 7 | 2 | 2 | 7 | 3 |
| Net profit | 35 | 41 | 47 | 35 | 55 | 36 | 47 | 50 |
| EPS (₹) | 20.77 | 24.00 | 27.76 | 20.78 | 32.67 | 20.93 | 27.72 | 29.70 |
| Revenue YoY | +9.4% | -2.1% | +12.7% | +20.4% | ||||
| Profit YoY | +57.3% | -12.8% | -0.1% | +43.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 449 | 501 | 545 | 727 | 768 | 806 |
| EBITDA | 126 | 157 | 170 | 217 | 243 | 268 |
| Net profit | 87 | 109 | 119 | 149 | 173 | 188 |
| EPS (₹) | 48.61 | 63.87 | 70.01 | 87.80 | 102.11 | 111.02 |
| Revenue growth | +11.6% | +8.8% | +33.3% | +5.7% | +10.1% | |
| Profit growth | +25.3% | +8.8% | +25.4% | +16.3% | +19.0% | |
| Dividend / share (₹) | – | 30.00 | 50.00 | 78.00 | 50.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +15.3% | +12.7% | +10.1% |
| Net profit | +16.6% | +24.2% | +19.0% |
| EPS | +16.9% | +9.8% | – |
| Share price | – | +2.9% (2y) | +0.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 424 | 460 | 478 | 596 |
| Borrowings | – | 0 | 0 | 0 | 40 |
| Cash & equivalents | – | 185 | 145 | 106 | 119 |
| Total assets | – | 552 | 737 | 695 | 942 |
| Fixed assets | – | 19 | 21 | 22 | 24 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 87 | 101 | 117 | 133 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 20 | 24 | 25 | 43 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 114 | 113 | 118 | 101 | 197 |
| Cash from investing | 15 | -65 | 25 | -6 | -133 |
| Cash from financing | -116 | -70 | -93 | -140 | -52 |
| Capex | 4 | 4 | 7 | 9 | 8 |
| Free cash flow | 110 | 108 | 111 | 92 | 188 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 25.8% | 25.8% | 31.1% | 29.0% |
| ROCE % | – | 34.9% | 35.3% | 42.2% | 36.3% |
| Debtor days | – | 63 | 67 | 59 | 63 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 15 | 16 | 13 | 20 |
| Cash conversion cycle (days) | – | 48 | 51 | 46 | 43 |
| Working capital days | – | 182 | 85 | 77 | 53 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 68.34% |
| FIIs | 1.49% |
| DIIs | 2.11% |
| of which Mutual funds | 0.06% |
| Public (non-institutions) | 27.28% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 68.34% | 68.34% | 68.34% | 68.34% | 68.34% | 68.34% | 68.34% | 68.34% |
| Promoter group | % |
|---|---|
| ADI BPO Services Limited | 68.34% |
| Nishith Arora Family Trust | 0.00% |
| Nishith Arora Family Trust-2 | 0.00% |
| Rahul Arora Family Trust | 0.00% |
| Neha Family Trust | 0.00% |
| Nishith Arora | 0.00% |
| Anju Arora | 0.00% |
| Neha Rathor | 0.00% |
| Rahul Arora | 0.00% |
| Yamini Tandon | 0.00% |
| Aaryaman Rathor | 0.00% |
| Amaira Rathor | 0.00% |
| Neil Arora | 0.00% |
| Saina Arora | 0.00% |
| Public holders above 1% | % |
|---|---|
| Mukul Mahavir Agarwal | 4.46% |
| Airavat Capital Trust - Airavat Capital Trust II | 1.46% |
26,333 shareholders. Pledged: 0.00% of promoter shares.
Peers in Printing & Publication
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| MPSLTD | ₹3,994 cr | 21.0x | 6.7x | 35.0% | 39.7% | 33.3% | +15.3% | 2.17% |
| SCHAND | ₹459 cr | 6.4x | 0.4x | 7.0% | 9.8% | 17.4% | +9.4% | 3.07% |
| REPRO | ₹436 cr | 4.5x | 1.2x | 26.8% | 29.5% | 35.1% | +5.4% | – |
| INLANPR | ₹29 cr | 79.0x | 20.7x | -23.0% | -10.3% | – | – | – |
| INFOMEDIA | ₹26 cr | – | – | – | – | – | – | – |
| UNICK | ₹24 cr | 10.1x | 0.7x | 2.4% | 5.9% | 10.9% | -3.8% | – |
| KIRANPR | ₹11 cr | 95.4x | 3.9x | 4.2% | 4.7% | -50.4% | -1.0% | – |
| SHAKTIPR | ₹3 cr | 1.7x | 0.1x | 9.4% | 9.2% | 4.0% | +111.5% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Research Solutions | ₹464 cr | 60.3% | ₹170 cr | 36.7% |
| Education Solutions | ₹209 cr | 27.2% | ₹77 cr | 37.0% |
| Corporate Learning | ₹96 cr | 12.5% | ₹11 cr | 11.8% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2025-08-13 | Dividend | Dividend - Rs 50 Per Share |
| 2025-01-29 | Dividend | Interim Dividend - Rs 33 Per Share |
| 2024-08-01 | Dividend | Annual General Meeting/Dividend - Rs 45 Per Share |
| 2023-11-06 | Dividend | Interim Dividend - Rs 30 Per Share |
| 2023-07-24 | Dividend | Annual General Meeting/Dividend - Rs 20 Per Share |
| 2022-06-17 | Dividend | Annual General Meeting/Dividend - Rs 30 Per Share |
| 2021-12-16 | Buyback | Buyback |
| 2021-06-22 | Other | Annual General Meeting |
| 2020-08-21 | Buyback | Buyback |
| 2020-08-04 | Other | Annual General Meeting |
| 2019-11-06 | Dividend | Interim Dividend - Rs 50 Per Share |
| 2019-07-16 | Dividend | Annual General Meeting/Dividend Rs 25 Per Share |
| 2018-07-23 | Dividend | Annual General Meeting/Dividend- Rs 12 Per Share (Purpose Revised) |
| 2017-07-13 | Other | Annual General Meeting |
| 2016-06-24 | Other | Annual General Meeting |
| 2016-02-05 | Dividend | Interim Dividend - Rs 8/- Per Share |
| 2015-11-05 | Dividend | Interim Dividend - Rs 7/- Per Share |
| 2015-07-30 | Dividend | First Interim Dividend - Rs 7/- Per Share |
| 2015-06-25 | Other | Annual General Meeting |
| 2015-02-09 | Dividend | Second Interim Dividend - Rs 10/- Per Share |
Documents
- Annual report FY26
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Research Solutions: Offering a comprehensive suite of AI first research- solutions, including author services, editorial, and peer-review management, designed to support trusted and efficient scholarly publishing for academic societies, university presses, and research and knowledge organizations. The Company is recognized for its innovation in AI-driven research integrity and authenticity within the scholarly and STM domain.
- Education Solutions: Delivering a full range of education content and learning solutions, including content development and multi-platform digital delivery, designed to enable engaging and accessible learning for ed-tech, learning companies and academic institutions, powered by proprietary technology and AI/ML-led production.
| Sector | Consumer Discretionary |
| Industry | Printing & Publication |
| Sub-industry | Printing & Publication |
| Symbol | MPSLTD |
| BSE code | 532440 |
| ISIN | INE943D01017 |
| Face value | ₹10.0 |
| Incorporated | 1970-01-19 |
| Website | www.mpslimited.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.