MSTC Limited — Earnings Release 2025

May 29, 2025

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Digitally signed Ajay by Ajay Kumar Rai Kumar Rai Date: 2025.05.29 18:49:59 +05'30'

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May 30, 2025

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Earnings Release Q4 2024-25

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MSTC Limited
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Disclaimer

• This presentation and the accompanying slides (the “Presentation”), which have been prepared by MSTC Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.

• This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks.

• The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections.

MSTC Limited

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Key Highlights

Exceptional Items

 Management Control of 100% Subsidiary FSNL transferred on 21.01.2025, upon receipt of Rs 320 Crores as sale proceeds. Appreciation of Value of Investment for Rs 301.69 Cr (Rs. 320 Crore sale proceeds minus Rs 15.81 Crore as value of investment minus Rs.2.50 Crore cost) booked as an Exceptional Income.

 Litigation settlement of Rs.38.50 Crore on account of old arbitration award appearing as exceptional expenditure.

 Net off above two is appearing as Exceptional Income of Rs 263.19 Crore.

Operational Performance (Standalone)

 During 2024-25 Company Crossed INR 898.23 bn in terms of value of goods transacted through its e-commerce and marketing verticals

Financial Performance (Standalone)

• Profit Before Exceptional Item of INR 240.71 crore in 2024-25 vis-à-vis INR 284.44 crore in 2023-24.

• PBT of INR 503.90 crore in 2024-25 vis-à-vis INR 284.44 crore in 2023-24.

• PAT of INR 402.98 crore in 2024-25 vis-à-vis INR 171.92 crore in 2023-24.

Financial Performance (Consolidated)

• Profit Before Exceptional Item of INR 244.81 crore in 2024-25 vis-à-vis INR 277.57 crore in 2023-24.

• PBT of INR 507.99 crore in 2024-25 vis-à-vis INR 277.57 crore in 2023-24.

• PAT of INR 407.08 crore in 2024-25 vis-à-vis INR 165.05 crore in 2023-24.

MSTC Limited

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Key Highlights

LIST OF NEW & ONGOING PROJECTS IN FY 2024-25

 MSTC has entered into agreements for auctioning of minor minerals blocks with Governments of Goa, Arunachal Pradesh, UT of Ladakh, etc.

Business update

• Agreement signed with Ministry of Mines for auction of offshore minerals and Tranche 1 of offshore Mineral block auction has been launched.

 Ministry of I & B has selected MSTC to conduct e-auctions for 730 FM channels across 234 cities.

• MSTC has launched MSTC REALTY Auction Portal on 15.01.2025 which offers an end-to-end solution for property auction.

 MSTC has signed Selling Agency agreement with BPCL (Marketing) for e-auction of their scrap materials

 MSTC will invite bids under UDAN scheme version 5.5 which has been launched by Ministry of Civil Aviation.

 First stage bid submission of 11th tranche of coal block auction for commercial mining has been completed.

 MSTC has developed the e-auction platform for sale of timber from Chhattisgarh Forest Department.

MSTC Limited

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Key Highlights

LIST OF NEW & ONGOING PROJECTS IN FY 2024-25

• MSTC conducted auction of 5G spectrum on behalf of Department of Telecommunications.

Business update

• MSTC is developing a portal for Kendriya Police Kalyan Bhandar (KPKB)on behalf of the various central police organisations under the Ministry of Home Affairs.

• MSTC continued to offer services for the Online Draw System for selection of LPG & Petrol Pumps/Dealership to the Oil Marketing Companies.

• MSTC has successfully developed the portal for Steel Import Management System (SIMS) V0.2 for Ministry of Steel. MSTC has developed the website for the Ministry of Steel and is also associated with other projects of the Ministry of Steel.

• MSTC is providing the e-commerce Solution for e-Bidding for Critical minerals and Exploration Licenses.

• MSTC is also providing e-commerce solutions for coal gasification project.

• MSTC has once again started e-auctioning of coal on behalf of CIL and its Subsidiaries as per the revised requirements of CIL .

MSTC Limited

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Standalone Financials Highlights –2024-25	Standalone Financials Highlights –2024-25	Standalone Financials Highlights –2024-25
	Standalone Financials Highlights –2024-25	YoY % chg. 2023-24 2024-25 Particulars (INR Crore, unless stated)
		-6.98% 416.59 387.50 Total Revenue -9.31% 2.04 1.85 Marketing -0.71% 280.28 278.29 E-commerce -20.04% 134.27 107.36 Others 2.44% 124.42 127.46 Expenses
		-11.00% 292.17 260.04 EBITDA
		24.18% 7.32 9.09 Depreciation -56.10% 0.41 0.18 Interest - 0.00 10.06 Impairment Losses
		-15.37% 284.44 240.71 Profit/(loss) Before Exceptional Items
		- 0.00 263.19 Exceptional Item Income(Expenses)
		77.16% 284.44 503.90 Profit/(loss) Before Tax
		-10.31% 112.52 100.92 Tax
		134.40% 171.92 402.98 Profit/(loss) After Tax
		134.40% 24.42 57.24 EPS (In Rs.)
		MSTC Limited

Standalone Financials Segment Reporting- 2024-25	Standalone Financials Segment Reporting- 2024-25	Standalone Financials Segment Reporting- 2024-25	Standalone Financials Segment Reporting- 2024-25	Standalone Financials Segment Reporting- 2024-25
	Standalone Financials Segment Reporting- 2024-25		YoY % chg. 2023-24 2024-25 Particulars (INR Crore, unless stated)
			-36.56% 1415.86 898.23 Total value of goods traded through MSTC eco-system (INR bn) -6.98% 416.59 387.50 Total Revenue -0.71% 280.28 278.29 Revenue – E-commerce -0.58% 274.44 272.86 E-Auction/E-Sale -7.02% 5.84 5.43 E-Procurement -20.04% 134.27 107.36 Other Income -9.31% 2.04 1.85 Revenue – Marketing 3.47% 132.15 136.73 Total Expenses - 0.00 10.06 Impairment Losses
			-15.37% 284.44 240.71 Profit/(loss) Before Exceptional Items
			- 0.00 263.19 Exceptional Item Income(Expenses)
			77.16% 284.44 503.90 Profit/(loss) Before Tax
			-10.31% 112.52 100.92 Tax
			134.40% 171.92 402.98 Profit/(loss) After Tax
		MSTC Limited		7

Consolidated Financials Highlights –2024-25	Consolidated Financials Highlights –2024-25	Consolidated Financials Highlights –2024-25
	Consolidated Financials Highlights –2024-25	YoY % chg. 2023-24 2024-25 Particulars (INR Crore, unless stated) -6.98% 416.59 387.50 Total Revenue -9.31% 2.04 1.85 Marketing -0.71% 280.28 278.29 E-commerce -20.04% 134.27 107.36 Others 3.47% 132.15 136.73 Expenses -11.84% 284.44 250.77 Profit Before Tax and Share of JV -6.87 -5.96 Share of profit/(loss) of Joint Ventures -11.80% 277.57 244.81 Profit/(loss) Before Exceptional Items - 0.00 263.19 Exceptional Item Income(Expenses) 83.02% 277.57 508.00 Profit/(loss) Before Tax -10.31% 112.52 100.92 Tax 146.64% 165.05 407.08 Profit After Tax 146.67% 23.44 57.82 EPS (In Rs.)
		MSTC Limited

Summary P&L Statement

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Standalone Consolidated
Particulars (INR Crore)
2024-25 2023-24 % change 2024-25 2023-24 % change
Revenue from operations 310.96 316.25 -1.67% 310.96 316.25 -1.67%
Other Income 76.54 100.34 -23.72% 76.54 100.34 -23.72%
Total Revenue 387.50 416.59 -6.98% 387.50 416.59 -6.98%
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	Employee benefit expense	91.32	88.01	3.76%	91.32	88.01		3.76%
	Finance costs	0.18	0.41	-56.10%	0.18	0.41	-56.10%
	Depreciation and amortisation expense	9.09	7.32	24.18%	9.09	7.32	24.18%
	Provisions and write-offs	0.52	-	-	0.52	-		-
	Other expenses	35.62	36.41	-2.17%	35.62	36.41	-2.17%
	Impairment Losses	10.06	-	-	-	-		-
	Total Expenses	146.79	132.15	11.08%	136.73	132.15		3.47%
	Share ofprofit/(loss)ofJoint Ventures	-	-	-	-5.96	-6.87	-13.25%
	Profit/(Loss) Exceptional Item
	Income(Expenses)	240.71	284.44	-15.37%	244.81	277.57	-11.80%
	Exceptional Item Income(Expenses)	263.19	-	-	263.19	-		-
	Profit/(loss) Before Tax	503.90	284.44	77.16%	508.00	277.57	83.02%
	Tax expense	100.92	112.52	-10.31%	100.92	112.52	-10.31%
	Profit/(Loss) for theperiod	402.98	171.92	134.40%	407.08	165.05	146.64%
						MSTC Limited		9

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MSTC Limited

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Subrata Sarkar +91-033-2340-0009 www.mstcindia.co.in

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MSTC Limited
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