Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). MSP Steel & Power's share price for the quarter that ended in Mar. 2026 was ₹26.45. MSP Steel & Power's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 567 Mil. Therefore, MSP Steel & Power's market cap for the quarter that ended in Mar. 2026 was ₹14,992 Mil.
MSP Steel & Power's quarterly market cap
increased
from Sep. 2025 (₹20,688 Mil) to Dec. 2025 (₹21,181 Mil) but then
declined
from Dec. 2025 (₹21,181 Mil) to Mar. 2026 (₹14,992 Mil).
MSP Steel & Power's annual market cap
increased
from Mar. 2024 (₹11,794 Mil) to Mar. 2025 (₹15,479 Mil) but then
declined
from Mar. 2025 (₹15,479 Mil) to Mar. 2026 (₹14,992 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. MSP Steel & Power's Enterprise Value for Today is ₹25,976 Mil.
MSP Steel & Power (NSE:MSPL) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
MSP Steel & Power Market Cap Related Terms
MSP Steel & Power Market Cap Historical Data
* Premium members only.
The historical data trend for MSP Steel & Power's Market Cap 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.
For the Steel subindustry, MSP Steel & Power's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MSP Steel & Power Market Cap vs Steel Industry
For the Steel industry and Basic Materials sector, MSP Steel & Power's Market Cap distribution charts can be found below:
* The bar in red indicates where MSP Steel & Power's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
MSP Steel & Power's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as
* 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 (NSE:MSPL) has a Market Cap of ₹23,052 Mil as of Jun. 30, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on MSP Steel & Power and its competitors. According to the industry distribution chart, MSP Steel & Power ranks #234 out of 641 companies in the Steel industry, placing it in the top 36.5%.
Is MSP Steel & Power's Market Cap too high?
MSP Steel & Power's current Market Cap is ₹23,052 Mil. Based on the distribution chart, MSP Steel & Power ranks #234 out of 641 companies in the Steel industry, which is above the industry midpoint. Overall, MSP Steel & Power has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MSP Steel & Power's Market Cap compare to NUE and STLD?
According to the Steel industry distribution chart, MSP Steel & Power ranks #234 out of 641 companies for Market Cap. This puts MSP Steel & Power in the upper half of its industry. The industry median Market Cap is 101.88. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Steel company?
The median Market Cap among Steel companies is 101.88, based on 641 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on MSP Steel & Power and its competitors. For the Steel industry, the median Market Cap is 101.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSP Steel & Power's current Market Cap is ₹23,052 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 ₹21.46, compared to a current price of ₹40.66 — trading 89.5% above its estimated fair value. The current Market Cap is ₹23,052 Mil. MSP Steel & Power's overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For MSP Steel & Power (NSE:MSPL), the current Market Cap is ₹23,052 Mil as of Jun. 30, 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 ₹40.66 is trading 89.5% above its estimated GF Value™ of ₹21.46.
GuruFocus considers MSP Steel & Power to be Significantly Overvalued.
Key valuation signals for NSE:MSPL:
Market Cap: ₹23,052 Mil
GF Value™: ₹21.46 vs. price of ₹40.66 (89.5% above fair value)
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 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.
53GF Score
Get the complete analysis for NSE:MSPL
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:MSPL has been successfully added to your 
