MPS Limited

BSE: MPSLTD532440ISIN INE943D01017

Consumer Discretionary
Printing & Publication
BSE 1000

Share price

₹2,313.15-36.40 (-1.55%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹2,980.00
52W low: ₹1,340.00
Off 52W high: -22.38%
1M return: -12.22%
3M return: -19.53%
6M return: +41.30%
1Y return: +1.15%
20D avg volume: 1,433
50 DMA: ₹2,560.00
200 DMA: ₹2,059.57

Key ratios Consolidated

Market cap: ₹3,957 Cr
Current price: ₹2,313.15
52W high / low: ₹2,980.00 / ₹1,340.00
Face value: ₹10.00
P/E: 21.38
P/B: 5.63
EPS (TTM): ₹108.17
Book value / share: ₹411.16
ROE: —
ROCE: 33.40%
Operating margin: —
Net margin: —
Debt / equity: 0.07
Net debt: ₹-36.30 Cr
Interest cover: 115.07
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 43.1 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	224.29	224.24	205.16	182.49	194.44	186.28	182.11	186.36	177.70	180.72	149.42	133.81
	2.24	2.91	6.56	2.09	2.28	7.13	7.10	1.78	1.58	2.05	2.51	1.41
	226.53	227.15	211.72	184.58	196.72	193.41	189.21	188.14	179.28	182.77	151.93	135.22
	157.13	157.32	147.17	131.49	140.36	143.28	133.22	133.05	131.22	146.69	112.67	94.57
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	86.43	83.90	82.99	75.35	79.57	82.04	79.64	79.33	79.52	89.49	70.93	58.26
	0.64	1.13	1.16	0.28	0.29	0.28	0.24	0.16	0.20	0.18	0.35	0.18
	9.23	8.91	8.36	6.30	6.10	7.01	6.88	6.87	6.82	6.84	5.66	5.22
	60.83	63.38	54.66	49.56	54.40	53.95	46.46	46.69	44.68	50.18	35.73	30.91
	69.40	69.83	64.55	53.09	56.36	50.13	55.99	55.09	48.06	36.08	39.26	40.65
	0.00	0.00	0.36	-7.38	12.81	-0.63	5.91	0.00	0.00	0.00	0.00	0.00
	69.40	69.83	64.91	45.71	69.17	49.50	61.90	55.09	48.06	36.08	39.26	40.65
	17.30	19.44	17.87	10.21	13.73	14.26	14.83	14.38	12.82	10.19	10.55	10.92
	52.10	50.39	47.04	35.50	55.44	35.24	47.07	40.71	35.24	25.89	28.71	29.73
	30.70	29.70	27.72	20.93	32.67	20.78	27.76	24.00	20.77	15.27	17.12	17.53
Key metrics
	79.27	79.87	74.43	52.29	75.56	56.79	69.02	62.12	55.08	43.10	45.27	46.05
	35.30%	35.60%	36.30%	28.70%	38.90%	30.50%	37.90%	33.30%	31.00%	23.80%	30.30%	34.40%
	23.20%	22.50%	22.90%	19.50%	28.50%	18.90%	25.80%	21.80%	19.80%	14.30%	19.20%	22.20%
	9.20%	—	9.50%	—	13.10%	—	11.60%	—	—	—	—	—
	15.40%	20.40%	12.70%	-2.10%	9.40%	3.10%	21.90%	39.30%	—	—	—	—
	-6.00%	43.00%	-0.10%	-12.80%	57.30%	36.10%	63.90%	36.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	836.18	768.37	726.89	545.31	501.05	448.88
	13.80	15.58	12.51	12.21	10.77	14.09
	849.98	783.95	739.40	557.52	511.82	462.97
	593.11	562.30	544.18	396.26	364.89	345.01
	0.00	0.00	0.00	—	—	201.74
	0.00	0.00	0.00	—	—	—
	328.67	319.95	327.98	243.39	212.81	—
	3.21	2.01	0.78	0.86	1.11	1.54
	32.80	27.77	27.41	19.98	19.49	20.60
	228.43	212.57	188.01	132.03	131.48	121.13
	256.87	221.65	195.22	161.26	146.93	117.96
	-7.02	7.64	5.91	0.00	0.00	0.00
	249.85	229.29	201.13	161.26	146.93	117.96
	64.82	56.07	52.22	42.49	37.74	30.84
	185.03	173.22	148.91	118.77	109.19	87.12
	109.05	102.11	87.80	70.01	63.87	48.61
Key metrics
	285.86	259.07	229.32	182.10	167.53	140.10
	34.19%	33.70%	31.50%	33.40%	33.40%	31.20%
	22.13%	22.50%	20.50%	21.80%	21.80%	19.40%
	—	33.40%	37.60%	—	—	—
	11.61%	5.70%	33.30%	8.80%	11.60%	—
	3.68%	16.30%	25.40%	8.80%	25.30%	—
	—	189.05	94.67	—	—	—
	—	1.14	0.68	—	—	—
	—	0.07	0.00	—	—	—
	—	-36.30	-63.41	—	—	—
	—	43.1	45.7	—	—	—
Balance sheet
	—	941.91	695.02	—	—	—
	—	361.24	311.71	—	—	—
	—	76.55	63.41	—	—	—
	—	133.48	116.58	—	—	—
	—	0.00	0.00	—	—	—
	—	99.43	87.47	—	—	—
	—	23.58	21.82	—	—	—
	—	42.65	25.45	—	—	—
	—	249.96	158.25	—	—	—
	—	40.25	0.00	—	—	—
	—	10.50	0.00	—	—	—
	—	29.75	0.00	—	—	—
	—	596.33	478.44	—	—	—
Cash flow
	—	196.79	100.89	—	—	—
	—	-132.87	-5.77	—	—	—
	—	-51.52	-140.23	—	—	—
	—	7.74	6.22	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	126.36	124.36	119.31	108.12	111.20	99.63	93.71	90.09	86.68	80.86	82.86	84.04
	2.14	6.33	11.74	1.79	0.91	7.15	4.83	6.02	4.00	6.74	2.46	8.13
	128.50	130.69	131.05	109.91	112.11	106.78	98.54	96.11	90.68	87.60	85.32	92.17
	77.22	74.56	75.38	70.30	70.17	68.95	62.30	59.10	54.40	51.97	49.82	50.48
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	51.98	48.82	49.59	46.18	46.00	43.63	38.47	38.11	36.88	34.33	33.37	34.23
	0.61	1.10	1.12	0.25	0.25	0.26	0.15	0.16	0.20	0.18	0.34	0.18
	3.64	3.29	3.45	2.81	2.57	3.41	3.21	3.09	2.95	2.88	2.68	2.64
	20.99	21.35	21.22	21.06	21.35	21.65	20.47	17.74	14.37	14.58	13.43	13.43
	51.28	56.13	55.67	39.61	41.94	37.83	36.24	37.01	36.28	35.63	35.50	41.69
	0.00	0.00	0.00	-6.11	0.00	0.00	0.00	—	—	—	—	—
	51.28	56.13	55.67	33.50	41.94	37.83	36.24	37.01	36.28	35.63	35.50	41.69
	13.69	15.17	12.07	8.80	11.73	9.08	8.82	8.49	9.36	8.49	9.90	9.69
	37.59	40.96	43.60	24.70	30.21	28.75	27.42	28.52	26.92	27.14	25.60	32.00
	22.15	24.14	25.70	14.56	17.81	16.95	16.17	16.82	15.87	16.00	15.26	18.87
Key metrics
	55.53	60.52	60.24	36.56	44.76	41.50	39.60	40.26	39.43	38.69	38.52	44.51
	43.90%	48.70%	50.50%	33.80%	40.30%	41.70%	42.30%	44.70%	45.50%	47.80%	46.50%	53.00%
	29.70%	32.90%	36.50%	22.80%	27.20%	28.90%	29.30%	31.70%	31.10%	33.60%	30.90%	38.10%
	10.60%	—	12.90%	—	12.60%	—	10.20%	—	—	—	—	—
	13.60%	24.80%	27.30%	20.00%	28.30%	23.20%	13.10%	7.20%	—	—	—	—
	24.40%	42.50%	59.00%	-13.40%	12.20%	5.90%	7.10%	-10.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	478.15	438.26	351.34	327.57	298.01	284.02
	22.00	21.59	21.59	15.03	9.12	11.19
	500.15	459.85	372.93	342.60	307.13	295.21
	297.46	284.80	227.77	198.90	190.53	196.82
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	196.57	185.40	147.79	132.18	119.91	119.74
	3.08	1.88	0.69	0.84	1.02	1.17
	13.19	12.24	12.13	10.99	11.84	13.36
	84.62	85.28	67.16	54.89	57.76	62.55
	202.69	175.05	145.16	143.70	116.60	98.39
	-6.11	-6.11	0.00	—	—	—
	196.58	168.94	145.16	143.70	116.60	98.39
	49.73	41.68	35.16	37.26	30.32	26.93
	146.85	127.26	110.00	106.44	86.28	71.46
	86.55	75.01	64.86	62.75	50.47	39.87
Key metrics
	212.85	183.06	157.98	155.53	129.46	112.92
	44.52%	41.80%	45.00%	47.50%	43.40%	39.80%
	30.71%	29.00%	31.30%	32.50%	29.00%	25.20%
	—	38.70%	41.00%	—	—	—
	21.16%	24.70%	7.30%	9.90%	4.90%	—
	27.81%	15.70%	3.30%	23.40%	20.70%	—
	—	130.88	72.59	—	—	—
	—	1.09	0.71	—	—	—
	—	0.10	0.00	—	—	—
	—	20.49	-18.36	—	—	—
	—	60.4	64.9	—	—	—
Balance sheet
	—	518.30	394.87	—	—	—
	—	193.05	182.80	—	—	—
	—	19.76	18.36	—	—	—
	—	86.97	75.93	—	—	—
	—	0.00	0.00	—	—	—
	—	57.45	59.21	—	—	—
	—	21.78	19.78	—	—	—
	—	14.37	13.51	—	—	—
	—	76.45	39.12	—	—	—
	—	40.25	0.00	—	—	—
	—	10.50	0.00	—	—	—
	—	29.75	0.00	—	—	—
	—	398.36	350.47	—	—	—
Cash flow
	—	138.66	78.38	—	—	—
	—	-88.57	52.20	—	—	—
	—	-49.43	-137.83	—	—	—
	—	7.78	5.79	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +13.72%
Sales CAGR 5Y: —
Profit CAGR 3Y: +13.83%
Profit CAGR 5Y: —
Sales YoY (TTM): +21.16%
Profit YoY (TTM): +27.81%

Consolidated

Sales CAGR 3Y: +15.32%
Sales CAGR 5Y: —
Profit CAGR 3Y: +16.63%
Profit CAGR 5Y: —
Sales YoY (TTM): +11.61%
Profit YoY (TTM): +3.68%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 68.34%

Quarter	September 2026	June 2026
Promoter %	68.34%	68.34%

Holder	Type	Holding	Previous	Change
ADI BPO Services Limited	Promoter	68.34%	68.34%	0.00%
MUKUL MAHAVIR AGARWAL	Public	4.46%	—	—
AIRAVAT CAPITAL TRUST - AIRAVAT CAPITAL TRUST II	Public	1.46%	1.46%	0.00%
AARYAMAN RATHOR	Promoter Group	0.00%	0.00%	0.00%
NISHITH ARORA FAMILY TRUST-2	Promoter Group	0.00%	0.00%	0.00%
RAHUL ARORA	Promoter Group	0.00%	0.00%	0.00%
NEIL ARORA	Promoter Group	0.00%	0.00%	0.00%
NISHITH ARORA FAMILY TRUST	Promoter Group	0.00%	0.00%	0.00%
SAINA ARORA	Promoter Group	0.00%	0.00%	0.00%
RAHUL ARORA FAMILY TRUST	Promoter Group	0.00%	0.00%	0.00%
AMAIRA RATHOR	Promoter Group	0.00%	0.00%	0.00%
YAMINI TANDON	Promoter Group	0.00%	0.00%	0.00%
NEHA RATHOR	Promoter Group	0.00%	0.00%	0.00%
NISHITH ARORA	Promoter Group	0.00%	0.00%	0.00%
NEHA FAMILY TRUST	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
MPS Limited	3,957	2,313.15	21.38	33.40%	+11.61% TTM	+3.68% TTM	+1.15%
S Chand And Company Limited	455	128.90	6.64	10.10%	+13.92% TTM	+39.28% TTM	-27.09%
Repro India Ltd.	450	313.40	3.97	-2.70%	+24.30% TTM	+653.44% TTM	-44.36%
Dachepalli Publishers Limited S	136	91.05	7.86	19.50%	—	—	—
S.K. OFFSET LIMITED	84	108.00	—	—	+38.32% FY26	+385.71% FY26	—
Infomedia Press Limited S	27	5.37	-7.78	6.60%	—	-12.34% TTM	-32.79%
Inland Printers Ltd. S	27	54.30	-73.38	-17.60%	—	-5.56% TTM	+7.72%
Shakti Press Ltd. S	24	8.53	11.53	11.70%	+676.15% TTM	+2,500.00% TTM	—
Unick Fix-A- Form and Printers Limited S	22	39.60	28.91	8.20%	+1.96% TTM	-69.35% TTM	-34.89%
Kiran Print-Pack Ltd. S	12	23.98	99.92	4.50%	+7.69% TTM	+140.00% TTM	-11.35%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Audio Recording of the Investor/ Analysts' Earnings Conference Call on the Unaudited Financial Results of MPS Limited for the quarter and half-year ended 30 September 2026.4 Nov 2026 · Company Update / Analyst / Investor Meet
Update on Media Interaction of Mr. Rahul Arora, Chairman & CEO of MPS Limited with CNBC-TV 184 Nov 2026 · Company Update / General
We wish to inform that Mr. Rahul Arora, Chairman and CEO of the Company will be interacting with CNBC TV18 on Wednesday 04 November 2026 at 12:05 P.M. IST.4 Nov 2026 · Company Update / General
Investor Presentation on the Un-Audited Financial Results of the Company for the quarter and half year ended 30 September 2026.3 Nov 2026 · Company Update / Investor Presentation
Amendment to the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.3 Nov 2026 · Company Update / Code of Conduct under SEBI (PIT) Regulations, 2015
Re-appointment of Ms. Divya Verma as a Non-Executive Independent Director of the Company.3 Nov 2026 · Company Update / Change in Directorate
Results for the quarter and half year ended 30 September 20263 Nov 2026 · Result / Financial Results
The Board of Directors of the Company, at their meeting held today i.e. 03 November 2026, inter-alia, approved and noted the following business(es): 1. Approval of the Un-Audited Financial ....3 Nov 2026 · Board Meeting / Outcome of Board Meeting
Schedule of Earnings Conference Call on Un-Audited Financial Results of MPS Limited for the quarter and half year ended 30 September 2026.29 Oct 2026 · Company Update / Analyst / Investor Meet
MPS Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/11/2026 ,inter alia, to consider and approve the unaudited financials results (standalone ....27 Oct 2026 · Board Meeting / Board Meeting
Newspaper Publication with respect to the Reminder regarding Special Window for Transfer & Dematerialisation of Physical Securities of the Company.15 Oct 2026 · Company Update / Newspaper Publication
Certificate in terms of Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 30 September 2026.7 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
MPS Limited receives ISO/IEC 42001:2023 certification for its Artificial Intelligence Management System (AIMS)30 Sep 2026 · Company Update / Press Release / Media Release
Newspaper Publication of Notice of Petition in relation to the Scheme of Amalgamation.29 Sep 2026 · Company Update / Newspaper Publication
Intimation of Closure of Trading Window for the purpose of consideration of Un-Audited Financial Results (Standalone and Consolidated) for the quarter and six months ending on 30 September 2026.25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Update on the Scheme of Amalgamation.19 Sep 2026 · Company Update / General
Submission of Newspaper Publication regarding the transfer of Unpaid/Unclaimed Interim Dividend for the Financial Year 2019-20 along with the underlying Equity Shares, to the Investor Education ....18 Sep 2026 · Company Update / Newspaper Publication
Voting Results u/r 44 of SEBI Listing Regulations along with the Consolidated Scrutinizer''s Report for the Annual General Meeting of the Company.7 Sep 2026 · AGM/EGM / AGM
Video Recording of the 56th Annual General Meeting of MPS Limited.5 Sep 2026 · Company Update / Meeting Updates
Receipt of Unsolicited ESG Rating 20264 Sep 2026 · Company Update / General
Summary of the Proceedings of the 56th Annual General Meeting of the Company held on 04 September 2026.4 Sep 2026 · AGM/EGM / AGM
Newspaper Publication with respect to Reminder regarding Special Window for Transfer & Dematerialisation of Physical Securities of the Company.25 Aug 2026 · Company Update / Newspaper Publication
Designating Key Managerial Personnel of the Company pursuant to Regulation 30(5) of SEBI Listing Regulations for determining materiality of events or information and to make requisite disclosures ....25 Aug 2026 · Company Update / General
Appointment of Mr. Piyush Jain as the Company Secretary & Compliance Officer and Nodal Officer of the Company w.e.f. 29 August 2026.25 Aug 2026 · Company Update / Appointment of Company Secretary / Compliance Officer
Voting Results and Scrutinizer''s Report of the NCLT-convened Meeting of the Unsecured Creditors of the Company held today i.e. Saturday, 22 August 2026.22 Aug 2026 · Company Update / General
Voting Results and Scrutinizer''s Report of the NCLT-convened Meeting of Equity Shareholders of the Company held today i.e. Saturday, 22 August 2026.22 Aug 2026 · AGM/EGM / Court Convened Meeting
Proceedings of the NCLT-convened Meeting of Unsecured Creditors of MPS Limited held today i.e. Saturday, 22 August 2026.22 Aug 2026 · Company Update / General
Proceedings of the NCLT-convened Meeting of Equity Shareholders of the Company held today i.e. Saturday, 22 August 2026.22 Aug 2026 · AGM/EGM / Court Convened Meeting
Newspaper Publication regarding the Public Notice of 56th Annual General Meeting of the Company.14 Aug 2026 · Company Update / Newspaper Publication
Weblink Letter sent to the Shareholders of the Company for the 56th Annual General Meeting.13 Aug 2026 · Company Update / General
The Business Responsibility and Sustainability Report (BRSR) of the Company for financial year 2025-26.13 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 56th AGM of the Company scheduled to be held on 04 September 2026, at 05:00 P.M. (IST), through Video Conferencing/Other Audio Visual Means.13 Aug 2026 · AGM/EGM / AGM
Annual Report for the FY 2025-26 and Notice convening the 56th Annual General Meeting of the Company.13 Aug 2026 · Others / Reg. 34 (1) Annual Report
Amendment to Share Subscription and Shareholders'' Agreement with MPS Interactive Systems Limited, Mr. Rodney Charles Beach and the Company.8 Aug 2026 · Company Update / General
Completion of the Merger of American Journal Experts, LLC, Delaware, with and into MPS North America LLC.7 Aug 2026 · Company Update / Restructuring
Copy of Newspaper Publication regarding the Prior Public Notice of 56th Annual General Meeting of the Company.7 Aug 2026 · Company Update / Newspaper Publication
Addendum to the Notice of the Meeting of Unsecured Creditors to be held on Saturday, 22 August 2026.5 Aug 2026 · Company Update / General
Addendum to the Notice of the Meeting of the Equity Shareholders to be held on Saturday, 22 August 2026.5 Aug 2026 · Company Update / General
Completion of the Merger of American Journal Experts, LLC, North Carolina, with and into American Journal Experts, LLC, Delaware.1 Aug 2026 · Company Update / Restructuring
Reconstitution of the Board Committee(s) of the Company.29 Jul 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 50.0000	13 Aug 2025	13 Aug 2025	—
Interim Dividend - Rs. - 33.0000	29 Jan 2025	29 Jan 2025	—
Final Dividend - Rs. - 45.0000	1 Aug 2024	—	—

Board meetings

3 Nov 2026 Board Meeting - Financial Results
21 Jul 2026 Board Meeting - Financial Results