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MPS Ltd (MPSLTD)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532440 NSE: MPSLTD Printing And Publishing | Small Cap | MPS Share Price

₹1,795.45 -49.00 (-2.66%)

As on 04-Jun'26 16:59

MPS Ltd (MPSLTD)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532440 NSE: MPSLTD Printing And Publishing | Small Cap | MPS Share Price

₹1,795.45 -49.00 (-2.66%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,071 Cr.
Current Price
₹1,795.5
52-Week Low / High
₹1,340 / 2,979
TTM EPS
₹74.4
TTM Sales
₹438 Cr.
Book Value per Share
₹232.9
P/E Ratio
24.13
In line with its 5-year historical median
Industry PE
11.3
Price to Book (P/B)
7.71
Higher than its 5-year historical median
Price to Sales (P/S)
7.01
In line with its 5-year historical median
EV/EBITDA
16.32
In line with its 5-year historical median
Dividend Yield
2.91%
Profitability Efficiency
Return on Equity (ROE)
30.57%
Outperforms industry median
Return on Capital Employed (ROCE)
40.43%
Outperforms industry median
Return on Assets (ROA)
17.42%
Operating Profit Margin
38.8%
Net Profit Margin
31.31%
Gross Profit Margin
44.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
7.26%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-3.09%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
3.33%
Asset Quality
Promoter Holding
68.34%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹381 Cr.
Equity
₹17.1 Cr.
Face Value
₹10
All Time Low / High
₹27.25 / 3071.85

MPS stock performance

Key Ratios
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Check Before You Invest

Valuation

Somewhat Overvalued

Price Trend

Strong
Q.1 Is MPS Ltd a good quality company?
MPS Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does MPS Ltd performance compare with that of its Peers?
Q.1 Revenue growth of MPS Ltd vs industry peers?
MPS Ltd revenue CAGR is 13.36%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of MPS Ltd?
Promoters hold 68.34% of the MPS Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of MPS Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 10.5% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
MPS Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 39.4%32.6%26.6%24.3%17.7%25.5%29.1%34.7%40%40.4%-
Value Creation
Index
1.81.30.90.70.30.81.11.51.91.9-

Growth Parameters

Sales 224224218224188279284298328351438
Sales YoY Gr.--0.2%-2.3%2.6%-16.2%48.7%1.8%4.9%9.9%7.3%-
Adj EPS 31.534334027.733.240.351.261.663.874.4
YoY Gr.-8%-3.1%21.4%-30.9%20.2%21.1%27.3%20.3%3.5%-
BVPS (₹) 147.6185221.3246.9183.6198.7190.6205.8216.7204.1232.9
Adj Net
Profit
58.663.361.474.551.56068.987.6105109127
Cash Flow from Ops. 50.249.770.24348.876.981.274.882.278.4-
Debt/CF from Ops. 0000000000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 5.1%13.4%7.4%7.3%
Adj EPS 8.2%18.2%16.6%3.5%
BVPS3.7%2.1%2.3%-5.8%
Share Price 10.5% 27% 17.7% -32.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
22.220.516.217.112.917.120.125.929.230.234.1
Op. Profit
Mgn %
39.439.138.139.132.233.335.841.142.938.838.2
Net Profit
Mgn %
26.228.328.133.327.421.524.329.432.231.129.1
Debt to
Equity
00000000000.1
Working Cap
Days
20027829035848339346544442540972
Cash Conv.
Cycle
29393940552169244447

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales224224218224188279284298328351
Operating Expenses + 136136135138128186182178187215
Manufacturing Costs21212226203927252328
Material Costs0000000000
Employee Cost 9194918689114120120132148
Other Costs 24212225193336333240
Operating Profit 888783866093102120141136
Operating Profit Margin (%) 39.3%39.1%38.1%38.6%32.0%33.3%35.8%40.3%42.9%38.8%
Other Income + 201825261891191522
Exceptional Items 0000000000
Interest 0000111111
Depreciation 458671213121112
Profit Before Tax 104101101106708898117144145
Tax 33313231172727303735
Profit After Tax 7169687553617186106110
PAT Margin (%) 31.5%30.9%31.2%33.4%28.1%21.7%25.2%29.0%32.5%31.3%
Adjusted EPS (₹)37.937.136.640.228.333.541.850.462.264.3
Dividend Payout Ratio (%)58.10%0%32.80%62.30%176.40%0%71.80%39.70%120.50%129.10%

Valuation of MPS - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 275344412460342359326352371349
Share Capital 19191919191817171717
Reserves 256326393441323341309335354332
Debt +0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Minority Interest0000000000
Trade Payables87954322420814
Others Liabilities 11892128157160230261266272249
Total Liabilities 401444549622506621611638651612

Fixed Assets

Net Fixed Assets +24242925298279736868
Gross Block8029414252117121129135140
Accumulated Depreciation5651118233542566772
CWIP 0000000013
Investments 193253331308195130122131148136
Inventories0000000000
Trade Receivables36393638325749494976
Cash Equivalents 43334394945733019
Others Assets 143124150218210303317312355310
Total Assets 401444549622506621611638651612

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 50507043497781758278
PBT 104101101106708898117144145
Adjustment -9-10-11-20-4794-0-5
Changes in Working Capital -8-811-12216-17-23-25
Tax Paid -37-32-30-30-19-20-32-29-38-37
Cash Flow From Investing Activity + -10-50-71-13147-342531052
Capex -70-7-2-1-6-4-3-4-6
Net Investments -3-59-72108139-5321143118
Others 087-12010258-9-1640
Cash Flow From Financing Activity + -49-0-0-27-172-49-113-69-92-138
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -0-0-0-0-4-0-0-1-1-1
Dividend Paid -4100-22-14000-51-85-132
Others -800-5-29-49-113-16-7-4
Net Cash Flow -9-1-1324-7-691-7

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)26.6922.3318.0417.1513.1717.2820.8725.4529.4630.57
ROCE (%)39.3532.5626.6324.3417.7325.4829.0834.739.9840.43
Asset Turnover Ratio0.660.530.440.380.330.50.460.480.510.56
PAT to CFO Conversion(x)0.70.721.030.570.921.261.140.870.770.71
Working Capital Days
Receivable Days56.2061.3062.5060.2068.3058.7068.1059.9054.5064.70
Inventory Days0000000000
Payable Days0000000000

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

MPS Ltd FAQs

The current trading price of MPS on 04-Jun-2026 16:59 is ₹1,795.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of MPS stood at ₹3,071.3 Cr

The latest P/E ratio of MPS as of 03-Jun-2026 is 24.13.

The latest P/B ratio of MPS as of 03-Jun-2026 is 7.71.

The 52-week high of MPS is ₹2,979 and the 52-week low is ₹1,340.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of MPS is ₹438 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that MPS Ltd is a good quality company.

The key valuation ratios of MPS Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of MPS Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About MPS Ltd

Two brothers Daniel and Alexander Macmillan founded Macmillan in England in 1843. They started publishing the works of great authors and writers. As the company grew, an ambitious expansion programme was initiated and as a result Macmillan has been operating in India since 1892. The Macmillan India slogan ‘Redefining Learning’ symbolises the innovative, customer-focused and forward-looking spirit of the company.

The company is the part of Macmillan Group. It is one of the large publishing groups that serve third party clients and its own companies with services including typesetting and data capture, web design and development in India, print sourcing facilities in the Far East, and warehousing and fulfillment in the UK, USA and Australia. Its client-list includes many other publishers, ranging from Reed Elsevier, Bloomsbury to Yellow Pages.

Macmillan is one of the largest and best-known publishers in the world. It is characterised by high-quality academic, educational, fiction and non-fiction publishing in many forms: educational course materials, science, technology and medicine, college textbooks, dictionaries, monographs and reference materials.

Macmillan Publishers India enjoys a cutting-edge niche as partner-in-progress in the socio-economic development of the country. It is in this field that Macmillan's flame burns the brightest – publishing educational books and materials for over 100 years.

Macmillan India has over 2,500 titles in its list and has played a significant role in the growth and success of Indian writing. The company has relationships with over 15,000 schools all over India and with its 22 offices and showrooms, possibly the widest all-India network.

As a major player in providing typesetting, data coding and conversion and editorial services to publishers globally, Macmillan has been a pioneer in the information technology-enabled service (ITES) space. It started its export-oriented typesetting operations in 1975. Mainly British and European publishers have driven the market so far but now US publishers are looking actively at outsourcing to India. This will have a positive impact on the current export market estimated to be around Rs 8,000 million (US$ 181.82 million) (Source: Industry estimates). Macmillan employs over 3,000 staff of which around 700 are in its domestic publishing business.

Macmillan also offers web-based solutions and IT services to publishers globally through its dedicated software services unit ‘emacmillan’. The market opportunities for this sector, too, are growing rapidly.

With a company-owned press in Chennai delivering high-quality production, Macmillan Publishers India has possibly the best editorial resources in the country. It focuses on publishing innovative, need-based, stimulating and enlightening books, which are true companions to teachers and students.

The company views its social responsibilities seriously. All books are thoroughly reviewed and processed to ensure they are accurate and the right message and content is passed on to young learners. Not surprisingly, it was chosen by UNICEF as a critical partner in the publication of the ‘Meena’ books – a venture of high social impact aiming at empowering the underprivileged girl child.

Macmillan India has been a pioneer in e-learning and runs two web-based portals, one on English Language Teaching and the other on Executive Development Programmes on important and emerging management areas. These are in association with premier institutes like IIM Calcutta, MDI Gurgaon, IIT Delhi and IIFT, Delhi.

The company has also made a mark in higher education, particularly in the areas of management and has published enduring best sellers like Shiv Khera's ‘You Can Win’, ‘Living with Honour’ and ‘Freedom is not Free’ – having sold more than a million copies.

Product range of the company:

Macmillan Publishers India publishes a wide range of books for schools, colleges, individual buyers, corporates and academic books for reference and research. The company issues approximately 250 new titles each year and has evolved a large number of new Indian authors. Among the rich author list of Macmillan India are Rabindranath Tagore (Macmillan was the sole copyright owner for decades), I K Gujral, Jaswant Singh, I G Patel, C N R Rao, M S Swaminathan, Shiv Khera, Arindam Chaudhuri, Kapil Dev, Ankit Fadia and other illustrious academicians, scientists and teachers.

The company’s titles include books which have been selling for more than 50 years like Nesfield’s Grammar, Hall & Knight and Loney’s Mathematics books. Also included in its list are a wide range of dictionaries and encyclopaedias.

Awards/Achievements

  • Macmillan has won 23 awards for excellence in publishing and production in the last five years. The company has also won the Capexil Award for highest exports in its category continuously for the last 22 years.
  • The company has been selected as a Business Superbrand by Superbrand Council of India.

Recent developments

  • With the aim of providing quality books in regional markets, Macmillan has started publishing programmes for various states. Its books for the State of Maharashtra have already gained wide acceptance.
  • Recently the company launched a major school-testing project – the International Assessments for Indian Schools – in partnership with the University of New South Wales, Australia. This is an annual testing and assessment project that offers scientific and structured tests in various subjects for classes three to twelve. The students are provided with highly valuable diagnostic reports based on their strengths and weaknesses.
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