ELECTHERM vs MSPL: Stock Comparison
Electrotherm (India) Limited vs MSP Steel & Power Limited
Live data: 24 July 2026, 4:08 PM IST • Source: NSE and company filings
MSP Steel & Power Limited is the larger company by market capitalisation. Electrotherm (India) Limited shows a lower P/E, while MSP Steel & Power Limited shows faster revenue growth, a higher ROCE and a higher net margin. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Side-by-side comparison of Electrotherm (India) Limited and MSP Steel & Power Limited on live price, valuation, growth, profitability, leverage and quarterly shareholding. Highlighted values mark the more favourable of the two on that metric's usual reading; a single metric is never the full story.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | ELECTHERM | MSPL |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Iron & Steel Products | Iron & Steel Products |
Price
| Metric | ELECTHERM | MSPL |
|---|---|---|
| Live Price | ₹1,008.2 | ₹35.37 |
| Day Change | 1.08% | 1.78% |
| Volume | 55,825 | 4.48 L |
| 52-Week High | ₹1,277 | ₹46.12 |
| 52-Week Low | ₹551 | ₹26.25 |
| Distance from 52W High | -21.05% | -23.31% |
Valuation
| Metric | ELECTHERM | MSPL |
|---|---|---|
| Market Cap | ₹1,281 Cr | ₹2,004 Cr |
| P/E Ratio | -82.18x | 59.12x |
| P/B Ratio | -8.36x | 1.95x |
| EPS | ₹-12.26 | ₹0.56 |
| Book Value | ₹-121 | ₹18.18 |
| Dividend Yield | 0% | 0% |
Growth
| Metric | ELECTHERM | MSPL |
|---|---|---|
| Revenue Growth (TTM YoY) | -1.8% | 7.4% |
| EPS Growth (TTM YoY) | -92.7% | 0% |
| Qtr Sales Growth | -1.82% | 7.4% |
| Qtr Profit Growth | -88.2% | 352% |
Profitability & Leverage
| Metric | ELECTHERM | MSPL |
|---|---|---|
| ROE | — | 13.7% |
| ROCE | 0.45% | 9.69% |
| Net Margin | -0.42% | 1.19% |
| Operating Margin | 1.16% | 6.25% |
| Debt to Equity | — | 0.31x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | ELECTHERM | MSPL |
|---|---|---|
| Promoter Holding | 26.51% | 40.22%▲ 2.48 pp |
| FII Holding | 9.28%▲ 3.42 pp | 0.12%▼ 0.25 pp |
| DII Holding | 0.78%▼ 0.02 pp | 16.8%▲ 0.1 pp |
| Public Holding | 60.07%▼ 3.36 pp | 42.86%▼ 2.33 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Electrotherm (India) Limited and MSP Steel & Power Limited.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

