MSP Steel & Power (NSE:MSPL) Minority Interest: ₹2.85 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:MSPL MSP Steel & Power Ltd NSE:MSPL
55 GF Score
Price ₹35.07
GF Value ₹21.12
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is MSP Steel & Power Minority Interest?

MSP Steel & Power NSE:MSPL +2.22% 55 Minority Interest is ₹2.85 Mil as of Mar. 2026. GuruFocus rates NSE:MSPL with a GF Score™ of 55/100 and a GF Value™ of ₹21.12 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

MSP Steel & Power's minority interest for the quarter that ended in Mar. 2026 was ₹2.85 Mil.


MSP Steel & Power Minority Interest Historical Data

* Premium members only.

The historical data trend for MSP Steel & Power's Minority Interest can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MSP Steel & Power Minority Interest Chart

MSP Steel & Power Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Minority Interest
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.22 3.05 2.92 2.88 2.85

MSP Steel & Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Minority Interest Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.88 0.00 2.86 0.00 2.85
NSE:MSPL
55GF Score
MSP Steel & Power Ltd NSE:MSPL
Minority Interest is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MSP Steel & Power Minority Interest Calculation

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Frequently Asked Questions Learn more about Minority Interest →
What does a Minority Interest of ₹2.85 Mil mean?
MSP Steel & Power (NSE:MSPL) has a Minority Interest of ₹2.85 Mil as of Mar. 2026. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on MSP Steel & Power.
Is MSP Steel & Power's Minority Interest too high?
MSP Steel & Power's current Minority Interest is ₹2.85 Mil. Overall, MSP Steel & Power has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MSP Steel & Power's Minority Interest compare to NUE and STLD?
MSP Steel & Power's Minority Interest of ₹2.85 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Minority Interest for a Steel company?
A good Minority Interest depends on the Steel industry context. However, Minority Interest should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Minority Interest mean?
A high Minority Interest can signal that a stock is expensive relative to its fundamentals. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on MSP Steel & Power. MSP Steel & Power's current Minority Interest is ₹2.85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSP Steel & Power stock overvalued right now?
Based on GuruFocus' analysis, MSP Steel & Power (NSE:MSPL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹21.12, compared to a current price of ₹35.07 — trading 66.1% above its estimated fair value. The current Minority Interest is ₹2.85 Mil. MSP Steel & Power's overall GF Score™ is 55/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Minority Interest calculated?
Minority Interest is calculated from a company's financial statements. For MSP Steel & Power (NSE:MSPL), the current Minority Interest is ₹2.85 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MSP Steel & Power (NSE:MSPL) Overvalued in 2026?

Based on GuruFocus' analysis, MSP Steel & Power stock appears to be overvalued. The current stock price of ₹35.07 is trading 66.1% above its estimated GF Value™ of ₹21.12. GuruFocus considers MSP Steel & Power to be Significantly Overvalued.

Key valuation signals for NSE:MSPL:

  • Minority Interest: ₹2.85 Mil
  • GF Value™: ₹21.12 vs. price of ₹35.07 (66.1% above fair value)
  • GF Score™: 55/100 with 2 warning signs

No single metric tells the full story. See the NSE:MSPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MSP Steel & Power Business Description

Other Exchanges 532650:India
Address 770 Anandapur Road, South City Business Park, 10th Floor, Kolkata, WB, IND, 700107
MSP Steel & Power Ltd is engaged in the manufacturing of iron and steel products. It is also engaged in the generation and sale of power. Geographically, it derives a majority of its revenue from India. The company's product offerings include TMT Bar, structural steel, and pipes.
55GF Score

Get the complete analysis for NSE:MSPL

Minority Interest is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹35.07
Price
₹21.12
GF Value