MPSLTD

MPS Limited

AI-first knowledge solutions for research and education economy

Consumer Discretionary›Media, Entertainment & Publication›Printing & Publication›Printing & Publication

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Key metrics

Price as of 2026-10-16

Stock price

₹2497.90

Market cap

4,274 Cr

Stock P/E

22.7

P/B

7.17

Dividend yield

2.0%

ROE (FY26)

29.0%

ROCE (FY26)

36.3%

Operating margin (FY26)

27.1%

Debt / equity (FY26)

0.07

OCF / EBITDA (FY26)

83.4%

OCF / EBITDA (3Y)

67.4%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

MPS provides content, peer-review and publishing-workflow services to research publishers, and corporate learning and medical-content subscription products to education, healthcare and corporate customers worldwide, increasingly delivered with AI tools.

Company snapshot

1stBy market cap

Ranked among 4 companies in Printing & Publication.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 52.7% of revenue

Segment	Revenue share	Revenue	PBT	Assets
Content Solutions	52.7%	287 Cr	98 Cr	—
Platform Solutions	29.0%	158 Cr	52 Cr	—
elearning Solutions	19.1%	104 Cr	16 Cr	—

What we see

Positives

✓Net margin of 22.5% — the business keeps a healthy share of every rupee it earns.

4 more signals from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

Metric	Sept 2023	Dec 2023	Mar 2024	Jun 2024	Sept 2024	Dec 2024	Mar 2025	Jun 2025	Sept 2025	Dec 2025	Mar 2026	Jun 2026
Sales	130 Cr	134 Cr	149 Cr	181 Cr	178 Cr	186 Cr	182 Cr	186 Cr	194 Cr	182 Cr	205 Cr	224 Cr
Operating expenses (approx.)	89 Cr	89 Cr	107 Cr	140 Cr	124 Cr	126 Cr	126 Cr	136 Cr	134 Cr	125 Cr	138 Cr	147 Cr
EBITDA	41 Cr	45 Cr	43 Cr	41 Cr	54 Cr	60 Cr	56 Cr	50 Cr	60 Cr	58 Cr	68 Cr	77 Cr
OPM %	31.3%	33.4%	28.6%	22.7%	30.1%	32.4%	30.8%	27.0%	31.1%	31.6%	32.9%	34.3%
Other income	5 Cr	1 Cr	3 Cr	2 Cr	2 Cr	2 Cr	7 Cr	7 Cr	2 Cr	2 Cr	7 Cr	3 Cr
Interest	0.16 Cr	0.18 Cr	0.35 Cr	0.18 Cr	0.20 Cr	0.16 Cr	0.24 Cr	0.28 Cr	0.29 Cr	0.28 Cr	1 Cr	1 Cr
Depreciation	5 Cr	5 Cr	6 Cr	7 Cr	7 Cr	7 Cr	7 Cr	7 Cr	6 Cr	6 Cr	8 Cr	9 Cr
Profit before tax	41 Cr	41 Cr	39 Cr	36 Cr	48 Cr	55 Cr	62 Cr	50 Cr	69 Cr	46 Cr	65 Cr	70 Cr
Tax %	26.4%	26.9%	26.9%	28.2%	26.7%	26.1%	24.0%	28.8%	19.8%	22.3%	27.5%	27.8%
Net profit	30 Cr	30 Cr	29 Cr	26 Cr	35 Cr	41 Cr	47 Cr	35 Cr	55 Cr	36 Cr	47 Cr	50 Cr
EPS (₹)	₹17.70	₹17.53	₹17.12	₹15.27	₹20.77	₹24.00	₹27.76	₹20.78	₹32.67	₹20.93	₹27.72	₹29.70

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

Metric	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	289 Cr	267 Cr	363 Cr	332 Cr	423 Cr	449 Cr	501 Cr	545 Cr	727 Cr	768 Cr	Sign in free for the trailing twelve months
Operating expenses (approx.)	195 Cr	180 Cr	269 Cr	253 Cr	316 Cr	323 Cr	344 Cr	375 Cr	516 Cr	533 Cr	Sign in free for the trailing twelve months
EBITDA	93 Cr	87 Cr	93 Cr	79 Cr	107 Cr	126 Cr	157 Cr	170 Cr	211 Cr	236 Cr	Sign in free for the trailing twelve months
OPM %	32.3%	32.6%	25.7%	23.8%	25.3%	28.1%	31.3%	31.2%	29.0%	30.7%	Sign in free for the trailing twelve months
Other income	19 Cr	23 Cr	25 Cr	20 Cr	10 Cr	14 Cr	11 Cr	12 Cr	13 Cr	16 Cr	Sign in free for the trailing twelve months
Interest	0.17 Cr	0.13 Cr	0.19 Cr	2 Cr	2 Cr	2 Cr	1 Cr	0.86 Cr	0.78 Cr	2 Cr	Sign in free for the trailing twelve months
Depreciation	6 Cr	8 Cr	11 Cr	15 Cr	21 Cr	21 Cr	19 Cr	20 Cr	27 Cr	28 Cr	Sign in free for the trailing twelve months
Profit before tax	103 Cr	102 Cr	107 Cr	81 Cr	93 Cr	118 Cr	147 Cr	161 Cr	201 Cr	229 Cr	Sign in free for the trailing twelve months
Tax %	31.3%	31.1%	29.2%	26.5%	37.3%	26.1%	25.7%	26.3%	26.0%	24.5%	Sign in free for the trailing twelve months
Net profit	70 Cr	70 Cr	76 Cr	60 Cr	59 Cr	87 Cr	109 Cr	119 Cr	149 Cr	173 Cr	Sign in free for the trailing twelve months
EPS (₹)	₹37.83	₹37.71	₹40.83	₹32.15	₹31.92	₹48.61	₹63.87	₹70.01	₹87.80	₹102.11	Sign in free for the trailing twelve months
Dividend payout %	—	—	—	—	0.0%	0.0%	47.0%	72.2%	90.3%	50.0%	Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

Metric	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	19 Cr	19 Cr	19 Cr	19 Cr	18 Cr	17 Cr	17 Cr	17 Cr	17 Cr	17 Cr
Reserves	329 Cr	400 Cr	453 Cr	348 Cr	363 Cr	350 Cr	407 Cr	443 Cr	461 Cr	579 Cr
Borrowings	—	—	—	—	—	—	—	—	—	40 Cr
Other liabilities	34 Cr	33 Cr	66 Cr	77 Cr	126 Cr	130 Cr	128 Cr	277 Cr	217 Cr	305 Cr
Total liabilities	381 Cr	451 Cr	537 Cr	444 Cr	507 Cr	497 Cr	552 Cr	737 Cr	695 Cr	942 Cr
Fixed assets (net)	22 Cr	19 Cr	21 Cr	20 Cr	22 Cr	20 Cr	19 Cr	21 Cr	22 Cr	24 Cr
CWIP	—	—	0.18 Cr	0.03 Cr	—	1 Cr	0 Cr	0 Cr	0 Cr	0 Cr
Investments	206 Cr	288 Cr	213 Cr	87 Cr	13 Cr	6 Cr	29 Cr	31 Cr	22 Cr	26 Cr
Loans & advances	—	—	0.30 Cr	1 Cr	2 Cr	0 Cr	0.03 Cr	0.01 Cr	0.02 Cr	0.01 Cr
Trade receivables	60 Cr	46 Cr	69 Cr	62 Cr	91 Cr	86 Cr	87 Cr	101 Cr	117 Cr	133 Cr
Cash & bank	17 Cr	23 Cr	48 Cr	82 Cr	67 Cr	82 Cr	58 Cr	108 Cr	63 Cr	77 Cr
Other assets	76 Cr	75 Cr	186 Cr	192 Cr	313 Cr	302 Cr	359 Cr	476 Cr	471 Cr	683 Cr
Total assets	381 Cr	451 Cr	537 Cr	444 Cr	507 Cr	497 Cr	552 Cr	737 Cr	695 Cr	942 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

Metric	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	45 Cr	78 Cr	54 Cr	53 Cr	99 Cr	114 Cr	113 Cr	118 Cr	101 Cr	197 Cr
Cash from investing	-40 Cr	-72 Cr	-4 Cr	152 Cr	-59 Cr	15 Cr	-65 Cr	25 Cr	-6 Cr	-133 Cr
Cash from financing	-0.15 Cr	-0.05 Cr	-27 Cr	-175 Cr	-53 Cr	-116 Cr	-70 Cr	-93 Cr	-140 Cr	-52 Cr
Net cash flow	5 Cr	5 Cr	23 Cr	29 Cr	-15 Cr	15 Cr	-21 Cr	50 Cr	-45 Cr	13 Cr
Free cash flow (OCF − Capex)	38 Cr	75 Cr	50 Cr	48 Cr	93 Cr	110 Cr	108 Cr	111 Cr	92 Cr	188 Cr

Ratios

Metric	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROCE %	29.5%	24.4%	22.8%	22.8%	25.0%	32.6%	34.9%	35.3%	42.2%	36.3%
ROE %	20.2%	16.8%	16.1%	16.3%	15.4%	23.7%	25.8%	25.8%	31.1%	29.0%
Debtor days	76	63	69	69	78	69	63	67	58	63
Inventory days	—	—	0	0	0	0	0	0	0	0
Days payable	14	15	13	13	19	33	15	16	13	20
Cash conversion cycle	62	48	56	55	59	37	48	51	46	43
OCF / EBITDA %	47.9%	89.1%	57.4%	66.8%	93.1%	90.7%	72.0%	69.5%	47.8%	83.4%
OCF / EBITDA % (3 years)	—	—	64.3%	70.9%	73.7%	85.5%	83.8%	76.3%	61.7%	67.4%
Debt / equity	—	—	—	—	—	—	—	0.00	0.00	0.07
Current ratio	10.99	14.11	7.05	5.27	2.66	2.71	3.36	1.61	1.97	1.45
Net debt / EBITDA	-0.18	—	-0.51	-1.03	-0.62	-0.65	-0.37	-0.64	-0.30	-0.15