Other Consumer Services
Profitability: Very strong Profitability. One year profit margin are 23%.
Growth: Awesome revenue growth! Revenue grew 18.2% over last year and 61.6% in last three years on TTM basis.
Balance Sheet: Strong Balance Sheet.
Past Returns: Outperforming stock! In past three years, the stock has provided 34.9% return compared to 13.7% by NIFTY 50.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Dividend: Pays a strong dividend yield of 4.18%.
Momentum: Stock is suffering a negative price momentum. Stock is down -4.2% in last 30 days.
Technicals: SharesGuru indicator is Bearish.
Smart Money: Smart money is losing interest in the stock.
Valuation | |
|---|---|
| Market Cap | 3.4 kCr |
| Price/Earnings (Trailing) | 18.87 |
| Price/Sales (Trailing) | 4.42 |
| EV/EBITDA | 12.64 |
| Price/Free Cashflow | 41.48 |
| MarketCap/EBT | 14.41 |
| Enterprise Value | 3.33 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 767.48 Cr |
| Rev. Growth (Yr) | 9.7% |
| Earnings (TTM) | 178.46 Cr |
| Earnings Growth (Yr) | 57.3% |
Profitability | |
|---|---|
| Operating Margin | 28% |
| EBT Margin | 31% |
| Return on Equity | 36.41% |
| Return on Assets | 25.35% |
| Free Cashflow Yield | 2.41% |
Growth & Returns | |
|---|---|
| Price Change 1W | -1.1% |
| Price Change 1M | -4.2% |
| Price Change 6M | -28.7% |
| Price Change 1Y | -2.4% |
| 3Y Cumulative Return | 34.9% |
| 5Y Cumulative Return | 40.9% |
| 7Y Cumulative Return | 22.5% |
| 10Y Cumulative Return | 9.5% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -5.77 Cr |
| Cash Flow from Operations (TTM) | 100.89 Cr |
| Cash Flow from Financing (TTM) | -140.23 Cr |
| Cash & Equivalents | 64.2 Cr |
| Free Cash Flow (TTM) | 94.67 Cr |
| Free Cash Flow/Share (TTM) | 55.34 |
Balance Sheet | |
|---|---|
| Total Assets | 704.09 Cr |
| Total Liabilities | 213.99 Cr |
| Shareholder Equity | 490.1 Cr |
| Current Assets | 315.61 Cr |
| Current Liabilities | 171.84 Cr |
| Net PPE | 22.81 Cr |
| Inventory | 0.00 |
| Goodwill | 249.32 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | 241.95 |
| Interest/Cashflow Ops | 115.65 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 83 |
| Dividend Yield | 4.18% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Summary of MPS's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Last updated:
In the earnings call for Q1 FY'26, management of MPS Limited provided a cautious yet optimistic outlook, emphasizing that despite a muted revenue growth of 3.9%, the company is poised for a remarkable year ahead. EBITDA grew significantly by 22.51%, reflecting better operational efficiency and margin management.
Key forward-looking points highlighted by management include:
Headcount Increase: Total headcount rose from 3,007 to 3,263, indicating a readiness for scaling operations.
Geographical Growth: North America rebounded, contributing 51% to total revenue, up from 48% in the previous quarter.
Education Business Growth: The Education Solutions segment experienced substantial growth, with revenue up 56.64%, entirely driven by organic strategies.
Research Solutions Segment: While overall revenue declined slightly due to down-sizing at AJE (now at a USD 12 million run rate with a 23% EBITDA margin), EBITDA growth of nearly 10% in other areas was noted.
Corporate Learning Framework: A strategic plan is in place to consolidate eLearning operations, enhancing governance and operational efficiencies.
Acquisition Pipeline: Management has indicated a robust pipeline for potential acquisitions in FY'26, expecting to close multiple deals.
Targeted Growth Expectations: Although Q1's results were softer, management anticipates resuming strong growth with expectations of 10%-15% organic growth excluding AJE, and a return to normal growth rates in FY'27.
Amalgamation Strategy: The approved merger of ADI BPO Services with MPS Limited aims to simplify the shareholding structure and foster operational agility.
Executives expressed confidence in sustaining margins and revenue growth while navigating the evolving economic landscape.
Last updated:
Here are the major questions and their corresponding answers from the Q&A section of the earnings transcript:
Question 1: "I wanted to understand the overall growth in the last few years...can you just throw some light here?"
Answer: "We've intentionally scaled back our focus on AJE, leading to a year-on-year decline of about INR20 crores. Without AJE, our Research Solutions would have seen organic growth rates of around 10%, and overall growth would have been approximately 15%. AJE's profitability is improving; its EBITDA margins stand at 23% currently, and we expect them to move above 30% as we progress through FY'26."
Question 2: "On a yearly basis, the impact would be around INR80 crores?"
Answer: "Correct. The projected run rate for AJE in FY'26 is USD12 million. My earlier comments about INR20 crores pertained to Q1 FY'26 versus Q1 FY'25."
Question 3: "What is the rationale for the margins part? Was this planned or client-related?"
Answer: "Margins have always been a priority for us. We aim for high margins to support organic growth of 10%-15%. Our discipline in capital allocation has led us to exit low-margin businesses. We structured AJE to cut costs and improve revenue despite temporary declines."
Question 4: "What will be the revenue of AJE going forward?"
Answer: "AJE's revenue was USD18 million last year, now down to USD12 million. We expect that revenue trajectory to stabilize soon as our restructuring and improvement efforts take effect."
Question 5: "When can we expect to see growth in AJE?"
Answer: "We expect visible results in FY'27, given that we're entering partnerships, enhancing product offerings, and expanding beyond the Chinese market. This year, we forecast USD12 million for AJE while future partnerships will boost growth."
Question 6: "Is there any impact from the recent IPO filings of customers?"
Answer: "Both of our large clients going public had a positive impact on our business, pushing for margin improvements and product development, which increased demand for our services and strengthened our relationship."
Question 7: "About the rise in other expenses, which line item has impacted?"
Answer: "Our other expenses increased by INR3.76 crores, mainly due to outsourcing costs and hosting expenses. This aligns with the revenue growth in our Education business while we managed costs in other areas."
Question 8: "How does AI influence client budgets?"
Answer: "Clients are utilizing AI primarily for operational efficiency, leading to faster turnaround times. We are seeing substantial demand for our services, and AI is also a component of new revenue sources. Clients view AI as both a cost-saving tool and a way to add value."
Question 9: "Is the decline in Corporate Learning volume of 32% intentional?"
Answer: "Yes, we're undergoing a turnaround in Corporate Learning. While we might be a quarter behind our initial expectations, we are focused on restructuring this segment to enhance effectiveness. Margins are expected to improve significantly."
Question 10: "What's the status of your acquisition pipeline?"
Answer: "We have a robust pipeline with three advanced deals expected to close this fiscal year. We focus on education technology firms with stable revenues and margins, and we plan to support management in majority stakes while relying on cash accruals and potential debt."
These answers encapsulate the company's current strategies and expectations, particularly regarding growth, restructuring, and future acquisitions.
Analysis of MPS's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| Research Solutions | 61.5% | 119.6 Cr |
| Education Solutions | 27.2% | 52.8 Cr |
| Corporate Learning | 11.3% | 22 Cr |
| Total | 194.4 Cr |
Understand MPS ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| ADI BPO SERVICES LIMITED | 68.34% |
| MUKUL MAHAVIR AGRAWAL | 4.46% |
| NISHITH ARORA FAMILY TRUST | 0% |
| NISHITH ARORA FAMILY TRUST-2 | 0% |
| RAHUL ARORA FAMILY TRUST | 0% |
| NEHA FAMILY TRUST | 0% |
| NISHITH ARORA | 0% |
| ANJU ARORA | 0% |
| NEHA RATHOR | 0% |
| RAHUL ARORA | 0% |
| YAMINI TANDON | 0% |
| AARYAMAN RATHOR | 0% |
| AMAIRA RATHOR | 0% |
| NEIL ARORA | 0% |
| SAINA ARORA | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of MPS against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| NAVNETEDUL | Navneet Education | 3.18 kCr | 1.77 kCr | -6.30% | +4.50% | 15.76 | 1.79 | - | - |
| NIITLTD | NIIT | 1.34 kCr | 452.14 Cr | +0.80% | -47.30% | 41.16 | 2.95 | - | - |
| SCHAND | S Chand And Co. | 577.39 Cr | 737.99 Cr | -7.60% | -28.70% | 11.27 | 0.78 | - | - |
| APTECHT | Aptech | 550.85 Cr | 501.38 Cr | -9.40% | -48.60% | 25.39 | 1.1 | - | - |
| ZEELEARN | ZEE LEARN | 251.84 Cr | 388.02 Cr | +3.90% | -6.70% | 85.56 | 0.65 | - | - |
Comprehensive comparison against sector averages
MPSLTD metrics compared to Other
| Category | MPSLTD | Other |
|---|---|---|
| PE | 18.87 | 44.95 |
| PS | 4.42 | 3.19 |
| Growth | 18.2 % | 14.4 % |
MPS Limited provides platforms and services for content creation, full-service production, and distribution to the publishers, learning companies, corporate institutions, libraries, and content aggregators in India, Europe, the United States, and internationally. It operates in three segments: Content Solutions, Platform Solutions, and eLearning Solutions. The company offers content authoring and development solutions from PreK–12 through higher education and professional development; publishing solutions, including editorial services, proofreading, indexing, project management, creative studios, rights and permissions, interactive media, composition, and digital production; digital transformation and accessibility solutions; content assembly, media asset development, design, and media services, as well as digital learning objects; and marketing and customer support solutions. It also provides Digicore, a cloud-based digital publishing platform; MPSTrak, a cloud-based workflow and content management platform for books, journals, reference works, and media; mag+, which publishes content to mobile app; THINK360, an end-to-end order management and delivery platform; ScholarStor, a content hosting and delivery platform; SCHOLARLYStats, a cloud-based platform to empower librarians and institutions; and MPSInsight, a cloud-based usage analytics platform that empowers publishers. In addition, the company offers eLearning solutions, including custom e-learning, micro and mobile learning, simulation and game-based learning, web-based tutorials, learning nuggets, motion graphics, and augmented and virtual reality; experiential learning design and consulting services; and platform solutions, as well as operates experience centers and learning platforms. The company was formerly known as Macmillan India Limited and changed its name to MPS Limited in June 2009. The company was founded in 1892 and is based in Noida, India. MPS Limited is a subsidiary of ADI BPO Services Limited.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
MPSLTD vs Other (2021 - 2025)