MSTC Limited — Earnings Release 2025

Feb 11, 2025

==> picture [69 x 64] intentionally omitted <==

Ajay Digitally signed by Ajay Kumar Kumar Rai Date: 2025.02.11 Rai 10:42:16 +05'30'

==> picture [123 x 96] intentionally omitted <==

==> picture [792 x 75] intentionally omitted <==

==> picture [792 x 75] intentionally omitted <==

==> picture [792 x 76] intentionally omitted <==

February 11, 2025

==> picture [270 x 79] intentionally omitted <==

Earnings Release Q3 2024-25

==> picture [90 x 24] intentionally omitted <==

----- Start of picture text -----

MSTC Limited
----- End of picture text -----

Disclaimer

Thispresentationandtheaccompanyingslides(the“Presentation”),whichhavebeenpreparedbyMSTCLimited(the“Company”),havebeenpreparedsolelyforinformationpurposes anddonotconstituteanyoffer,recommendationorinvitationtopurchaseorsubscribeforanysecurities,andshallnotformthebasisorbereliedoninconnectionwithanycontractor bindingcommitmentwhatsoever.Noofferingofsecurities oftheCompanywillbemade exceptbymeansof astatutoryoffering documentcontainingdetailedinformationabout the Company.

ThisPresentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, expressorimplied,whatsoever, and norelianceshallbeplacedon,the truth,accuracy,completeness,fairness and reasonablenessof thecontentsof thisPresentation.ThisPresentation may notbeall inclusive and may notcontain allof theinformation thatyoumayconsidermaterial. Anyliabilityinrespectof thecontentsof,or any omissionfrom,thisPresentationis expresslyexcluded.CertainmattersdiscussedinthisPresentationmaycontainstatementsregardingtheCompany’smarketopportunityandbusinessprospectsthatareindividuallyand collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptionsthataredifficulttopredict.Theserisksanduncertaintiesinclude,butarenotlimitedto,theperformanceoftheIndianeconomyandoftheeconomiesofvariousinternational markets, the performance of theindustry in India andworld-wide, competition, thecompany’s ability to successfullyimplementitsstrategy, the Company’s future levels of growth and expansion,technologicalimplementation,changesandadvancements,changesinrevenue,incomeorcashflows,theCompany’smarketpreferencesanditsexposuretomarketrisks,as wellasotherrisks.

TheCompany’sactualresults,levelsofactivity,performanceorachievementscoulddiffermateriallyandadverselyfromresultsexpressedinorimpliedbythisPresentation.TheCompany assumesnoobligationtoupdateanyforward-lookinginformationcontainedinthisPresentation.Anyforward-lookingstatementsandprojectionsmadebythirdpartiesincludedinthis PresentationarenotadoptedbytheCompanyandtheCompanyisnotresponsibleforsuchthirdpartystatementsandprojections.

MSTC Limited

2

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 304.19 Cr (Rs. 320 Cr sale proceeds minus Rs 15.81 Crore as value of investment) booked as an Exceptional Income.

 Provision of Rs.30.55 Crore on account of old arbitration award under execution appearing as exceptional expenditure.  Net off above two is appearing as Exceptional Income of Rs 273.54 Crore.

Operational Performance (Standalone)

• During the 9 Month the Company Crossed INR 638.80 bn in terms of value of goods transacted through its e-

• commerce marketing verticals

Financial Performance

(Standalone)

• Profit Before Exceptional Item of INR 175.29 crore in 9 Month 2024-25 vis-à-vis INR 216.63 crore in 9 Month 202324.

• PBT of INR 448.83 crore in 9 Month 2024-25 vis-à-vis INR 216.63 crore in 9 Month 2023-24.

• PAT of INR 335.91 crore in 9 Month 2024-25 vis-à-vis INR 152.41 crore in 9 Month 2023-24.

• Profit Before Exceptional Item of INR 170.94 crore in 9 Month 2024-25 vis-à-vis INR 210.95 crore in 9 Month

• Financial 2023-24.

Performance

• PBT of INR 444.48 crore in 9 Month 2024-25 vis-à-vis INR 210.95 crore in 9 Month 2023-24.

• (Consolidated)

• PAT of INR 331.56 crore in 9 Month 2024-25 vis-à-vis INR 146.73 crore in 9 Month 2023-24.

MSTC Limited

3

Key Highlights

==> picture [565 x 44] intentionally omitted <==

----- Start of picture text -----

Existing Important Projects in MSTC
----- End of picture text -----

Auction of minor Mineral / offshore Mineral Blocks:

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

• •MSTC has started auctioning of Minor Mineral blocks of M Sand in Rajasthan

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

FM Channel auction:

Business update

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

Development of MSTC REALTY Portal:

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

• Auction Platform for BPCL:

• •MSTC has signed Selling Agency agreement with BPCL (marketing) for e-auction of their scrap materials.

• UDAN Scheme:

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

• Coal Auction:

• •MSTC started e-auctioning of coal on behalf of CIL and its Subsidiaries.

Coal Block Auction:

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

• Auction Platform for Chhattisgarh Forest Department:

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

MSTC Limited

4

MSTC Limited 5 Standalone Financials Highlights –9M 2024-25 YoY % chg. 9M 2023-24 9M 2024-25 Particulars (INR Crore, unless stated) -12.89% 316.23 275.47 Total Revenue -17.51% 16.05 13.24 Marketing -3.29% 268.05 259.24 E-commerce -90.69% 32.13 2.99 Others -17.74% 221.76 182.41 EBITDA 35.28% 5.13 6.94 Depreciation - - 0.18 Interest -19.08% 216.63 175.29 Profit/(loss) Before Exceptional Items - - 273.54 Exceptional Item Income(Expenses) 107.19% 216.63 448.83 Profit/(loss) Before Tax 75.83% 64.22 112.92 Tax 120.40% 152.41 335.91 Profit After Tax 120.37% 21.65 47.71 EPS (In Rs.)

MSTC Limited 5 Standalone Financials Highlights –9M 2024-25 YoY % chg. 9M 2023-24 9M 2024-25 Particulars (INR Crore, unless stated) -12.89% 316.23 275.47 Total Revenue -17.51% 16.05 13.24 Marketing -3.29% 268.05 259.24 E-commerce -90.69% 32.13 2.99 Others -17.74% 221.76 182.41 EBITDA 35.28% 5.13 6.94 Depreciation - - 0.18 Interest -19.08% 216.63 175.29 Profit/(loss) Before Exceptional Items - - 273.54 Exceptional Item Income(Expenses) 107.19% 216.63 448.83 Profit/(loss) Before Tax 75.83% 64.22 112.92 Tax 120.40% 152.41 335.91 Profit After Tax 120.37% 21.65 47.71 EPS (In Rs.)

MSTC Limited 6 Standalone Financials Segment Reporting- 9M 2024-25 YoY % chg. 9M 2023-24 9M 2024-25 Particulars (INR Crore, unless stated) -45.71% 1178.23 639.69 Total value of goods traded through MSTC eco- system (INR bn) -12.89% 316.23 275.47 Total Revenue -3.29% 268.05 259.24 Revenue – E-commerce -4.81% 203.43 193.64 E-Auction/E-Sale 25.22% 3.41 4.27 E-Procurement 0.21% 61.20 61.33 Other Income -17.51% 16.05 13.24 Revenue – Marketing 0.59% 99.59 100.18 Total Expenses -19.08% 216.63 175.29 Profit/(loss) Before Exceptional Items 107.19% 216.63 448.83 Profit Before Tax 120.40% 152.41 335.91 Profit After Tax	MSTC Limited 6 Standalone Financials Segment Reporting- 9M 2024-25 YoY % chg. 9M 2023-24 9M 2024-25 Particulars (INR Crore, unless stated) -45.71% 1178.23 639.69 Total value of goods traded through MSTC eco- system (INR bn) -12.89% 316.23 275.47 Total Revenue -3.29% 268.05 259.24 Revenue – E-commerce -4.81% 203.43 193.64 E-Auction/E-Sale 25.22% 3.41 4.27 E-Procurement 0.21% 61.20 61.33 Other Income -17.51% 16.05 13.24 Revenue – Marketing 0.59% 99.59 100.18 Total Expenses -19.08% 216.63 175.29 Profit/(loss) Before Exceptional Items 107.19% 216.63 448.83 Profit Before Tax 120.40% 152.41 335.91 Profit After Tax	MSTC Limited 6 Standalone Financials Segment Reporting- 9M 2024-25 YoY % chg. 9M 2023-24 9M 2024-25 Particulars (INR Crore, unless stated) -45.71% 1178.23 639.69 Total value of goods traded through MSTC eco- system (INR bn) -12.89% 316.23 275.47 Total Revenue -3.29% 268.05 259.24 Revenue – E-commerce -4.81% 203.43 193.64 E-Auction/E-Sale 25.22% 3.41 4.27 E-Procurement 0.21% 61.20 61.33 Other Income -17.51% 16.05 13.24 Revenue – Marketing 0.59% 99.59 100.18 Total Expenses -19.08% 216.63 175.29 Profit/(loss) Before Exceptional Items 107.19% 216.63 448.83 Profit Before Tax 120.40% 152.41 335.91 Profit After Tax
	107.19% 216.63 448.83 Profit Before Tax
	120.40% 152.41 335.91 Profit After Tax
		6

MSTC Limited Consolidated Financials Highlights – 9M 2024-25 YoY 9M 2023-24 9M 2024-25 Particulars (INR Crore, unless stated) 316.23 275.47 Total Revenue 16.05 13.24 Marketing 268.05 259.24 E-commerce 32.13 2.99 Others 216.63 175.29 EBITDA -5.68 -4.35 Share of JV 210.95 170.94 Profit/(loss) Before Exceptional Items - 273.54 Exceptional Item Income(Expenses) 210.95 444.48 Profit/(loss) Before Tax 64.22 112.92 Tax 146.73 331.56 Profit After Tax 20.84 47.10 EPS (In Rs.)

7 % chg. -12.89% -17.51% -3.29% -90.69% -19.08% -23.42% -18.97% - 110.70% 75.86% 125.95% 125.95%

Summary P&L Statement

		Standalone			Consolidated
Particulars (INR Crore)5	9M 2024-25	9M 2023-24	% change	9M 2024-25	9M 2023-24	% change
Revenue from operations	222.10	234.32	-5.22%	222.10	234.32	-5.22%
Other Income	53.37	81.91	-34.84%	53.37	81.91	-34.84%
Total Revenue	275.47	316.23	-12.89%	275.47	316.23	-12.89%
Expenses
Employee benefit expense	66.87	68.78	-2.78%	66.87	68.78	-2.78%
Finance costs	0.18	-	-	0.18	-	-
Depreciation and amortisation expense	6.94	5.13	35.28%	6.94	5.13	35.28%
Provisions and write-offs	0.00	-	-	0.00	-	-
Other expenses	26.19	25.69	1.95%	26.19	25.69	1.95%
Total Expenses	100.18	99.60	0.58%	100.18	99.60	0.58%
Share of profit/(loss) of Joint Ventures	-	-	-	-4.35	-5.68	-23.42%
Profit/(Loss) Exceptional Item Income(Expenses)	175.29	216.63	-19.08%	170.94	210.95	-18.97%
Exceptional Item Income(Expenses)	273.54	-	-	273.54	-	-
Profit/(loss) Before Tax	448.83	216.63	107.19%	444.48	210.95	110.70%
Tax expense	112.92	64.22	75.83%	112.92	64.22	75.86%
Profit/(Loss) for the period	335.91	152.41	120.40%	331.56	146.73	125.95%

MSTC Limited

8

==> picture [792 x 75] intentionally omitted <==

==> picture [792 x 75] intentionally omitted <==

MSTC Limited

Thank You

==> picture [16 x 16] intentionally omitted <==

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