Mstc Limited — Investor Meet, 20-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

MSTC reported a strong Q1 FY27, with revenue from operations at ₹94.25 Cr, up 22% year-on-year, driven by record e-commerce revenue of ₹89.49 Cr. EBITDA stood at 69.05%, leading to the highest Q1 PBT and PAT since listing. The company has exited the trading and marketing segment, fully transitioning to a digital solutions provider.

Key initiatives include the EPR certificates trading platform, now ready and awaiting government notification, and the TReDS platform, progressing with RBI approval expected in FY27. MSTC also launched a B2B travel portal and is exploring coal/mineral exchanges. Management aims for sustained double-digit growth, diversifying beyond government clients to the private sector. The joint venture with Mahindra recorded positive PAT this quarter, driven by new government EPR norms for automobiles.