---
title: "MSL Global Ltd (511000) — Share Price, Financials & Analysis"
symbol: "511000"
company: "MSL Global Ltd"
canonical: "https://tapetide.com/stocks/511000"
isin: "INE856D01011"
nse_symbol: "MADHUSUDANSECURITIESLTD"
bse_code: "511000"
sector: "Financial Services"
industry: "NBFC"
market_cap_cr: 39.03
generated_at: "2026-09-13T18:26:29.229Z"
---

# MSL Global Ltd (511000)

Canonical page: https://tapetide.com/stocks/511000

## Company

- **NSE Symbol:** MADHUSUDANSECURITIESLTD
- **BSE Code:** 511000
- **ISIN:** INE856D01011
- **Sector:** Financial Services
- **Industry:** NBFC
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Incorporated in 1983, Madhusudan Securities Ltd is in the business of trading in Goods and merchandise.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:48:58.641831Z.

- **Market Cap:** ₹39.03 Cr
- **Classification:** Microcap
- **P/E (reported):** 39.1
- **EPS (TTM):** ₹0.88
- **EPS (reported):** ₹0.11
- **Book Value:** ₹35.66
- **Price to Book:** 0.5
- **Dividend Yield:** 0%
- **ROE:** -1.01%
- **ROCE:** -1.01%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹1.09 Cr
- **Net Income:** ₹1.9 Cr
- **EBITDA:** ₹-1.8 Cr
- **52-Week High:** ₹29.9
- **52-Week Low:** ₹14.65
- **RSI (14):** 58.94

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 71%
- **Data coverage:** 75%

| Pillar | Score | Weight |
| --- | --- | --- |
| growth | 98.9 | 13.04% |
| momentum | 25.74 | 17.39% |
| ownership | 47.28 | 34.78% |
| valuation | 44.44 | 34.78% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.50 times its book value

### Weaknesses

- Promoter holding is low: 16.2%
- Company has a low return on equity of 0.59% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y |
| --- | --- | --- | --- |
| cash flow growth | — | -188.62% | -398.63% |
| ebitda margin growth | -125% | -78.75% | -607.5% |
| net income growth | -175% | -337.5% | — |
| revenue growth | -100% | 990% | 39.68% |
| roce | 50% | — | — |
| roe | 186.49% | — | -0.47% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 0 | 0.41 | 0 | 0.01 | 0.02 | 0.04 | 0 | 0 | 5.14 | 2.14 | 0.12 |
| Expenses | 0.03 | 0.16 | 0.38 | 0.15 | 0.2 | 0.17 | 0.24 | 0.25 | 0.89 | 1.5 | 0.96 |
| Financing Profit | -0.03 | 0.25 | -0.38 | -0.14 | -0.18 | -0.13 | -0.24 | -0.25 | 4.25 | 0.64 | -0.84 |
| Financing Margin % | — | 60.98 | — | -1400 | -900 | -325 | — | — | 82.68 | 29.91 | -700 |
| Other Income | 0.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 1.58 | 0.56 |
| Profit before tax | 0.01 | 0.25 | -0.38 | -0.14 | -0.18 | -0.13 | -0.24 | -0.25 | 4.23 | -0.94 | -1.4 |
| Tax % | 0 | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 18.68 | -12.77 | 0 |
| Net Profit | 0.01 | 0.22 | -0.38 | -0.14 | -0.18 | -0.13 | -0.24 | -0.25 | 3.67 | -0.37 | -1.06 |
| EPS in Rs | 0.01 | 0.25 | -0.36 | -0.13 | -0.16 | -0.12 | -0.22 | -0.17 | 1.71 | -0.17 | -0.49 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- |
| Revenue | 0 | 0.06 | 7.29 | 7.4 |
| Expenses | 0.3 | 0.89 | 2.89 | 3.6 |
| Financing Profit | -0.3 | -0.83 | 4.4 | 3.8 |
| Financing Margin % | 33.33 | -1383.33 | 60.36 | 51.35 |
| Other Income | 0.45 | 0.01 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1.59 | 2.16 |
| Profit before tax | 0.15 | -0.82 | 2.81 | 1.64 |
| Tax % | 20 | 0 | 23.84 | — |
| Net Profit | 0.12 | -0.83 | 2.81 | 1.99 |
| EPS in Rs | 0.14 | -0.75 | 1.31 | 0.88 |
| Dividend Payout % | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Equity Capital | 8.7 | 11.1 | 21.42 |
| Reserves | 147.85 | 70.46 | 54.96 |
| Borrowing | 0 | 0 | 0.06 |
| Other Liabilities | 11.43 | 3.24 | 3.31 |
| Total Liabilities | 167.98 | 84.8 | 79.75 |
| Fixed Assets | 0 | 0 | 3.45 |
| CWIP | 0 | 0 | 2.15 |
| Investments | 112.83 | 28.3 | 6.27 |
| Other Assets | 55.15 | 56.5 | 67.88 |
| Total Assets | 167.98 | 84.8 | 79.75 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Cash from Operating Activity | 9.84 | -8.72 | -6.39 |
| Cash from Investing Activity | -9.83 | -4.57 | 1.56 |
| Cash from Financing Activity | 0 | 14.63 | 13.94 |
| Net Cash Flow | 0.01 | 1.33 | 9.11 |
| Free Cash Flow | 9.84 | -8.72 | -12.03 |
| CFO/OP | -3280 | 1051 | -125 |

### Ratios

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| ROE % | 0.08 | -0.7 | 3.56 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 16.55% | 16.55% | 16.55% | 13.58% | 13.58% | 12.97% | 12.97% | 12.97% | 23.27% | 15.82% | 16.25% | 16.25% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 1.22% | 2.45% | 2.42% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 48.24% | 48.25% | 46.56% | 53.73% | 52.52% | 55.02% | 54.45% | 54.49% | 44.18% | 56.84% | 56.38% | 56.31% |
| Others | 35.22% | 35.21% | 36.89% | 32.69% | 33.9% | 32.01% | 32.58% | 32.54% | 32.55% | 26.11% | 24.92% | 25.02% |
| No. of Shareholders | 2138 | 2113 | 2044 | 2048 | 2058 | 4988 | 4753 | 4503 | 4362 | 4185 | 4068 | 4016 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 6 / 2

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 17.75 | Buy |
| EMA (10) | 17.66 | Buy |
| SMA (20) | 17.06 | Buy |
| EMA (20) | 17.28 | Buy |
| SMA (50) | 16.67 | Buy |
| EMA (50) | 17.07 | Buy |
| SMA (100) | 17.58 | Buy |
| EMA (100) | 17.66 | Buy |
| SMA (200) | 19.62 | Sell |
| EMA (200) | 18.91 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 57.93 | Neutral |
| MACD (12,26,9) | 0.43 | Buy |
| Stochastic (14,3,3) | 51.08 | Neutral |
| ADX (14) | 35.65 | Buy |
| Williams %R (14) | -52.17 | Neutral |
| ATR (14) | 1.77 | High Volatility |
| ROC (12) | 3.53 | Buy |
| Stoch RSI (14) | 34.26 | Neutral |
| UO (7,14,28) | 36 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Received USD 27,000 (≈Rs24.49L) PO from Ananta Ocean Shipping for Shipment Orchestrator deployment at Classic Fashion; two-year project. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 9 Feb - Received USD 27,000 (≈Rs24.49L) PO from Ananta Ocean Shipping for Shipment Orchestrator deployment at Classic Fashion; two-year project.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8c17ab2a-b699-4414-872d-a0ec177f3cfc.pdf) |
| 6 Feb - Board meeting on 13 Feb 2026 to consider unaudited Q3 results ended 31 Dec 2025; trading window closed. | [Board Meeting Intimation for Notice Of Board Meeting Under Regulation 29 Of The SEBI (LODR) Regulations, 2015 6 Feb - Board meeting on 13 Feb 2026 to consider unaudited Q3 results ended 31 Dec 2025; trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1b28f02d-ec1a-4089-b906-1edc49f208df.pdf) |
| 30 Apr - MSL Global confirms it is not a Large Corporate for FY2026; outstanding borrowing was nil. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - MSL Global confirms it is not a Large Corporate for FY2026; outstanding borrowing was nil.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ef45e94a-be5e-41dd-ab15-a75ddc5423c7.pdf) |
| 30 Apr - MSL Global confirms it is not a Large Corporate for FY2026; outstanding borrowing was nil. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - MSL Global confirms it is not a Large Corporate for FY2026; outstanding borrowing was nil.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ef45e94a-be5e-41dd-ab15-a75ddc5423c7.pdf) |
| 3 Feb - Postal ballot: approve loans/RPTs — Rs500 crore loan limit; Rs20Cr loan to subsidiary; Rs10Cr and Rs100Cr RPT limits. | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 3 Feb - Postal ballot: approve loans/RPTs — Rs500 crore loan limit; Rs20Cr loan to subsidiary; Rs10Cr and Rs100Cr RPT limits.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0076ffaf-570c-4bc8-bd79-f111fc5d57c5.pdf) |
| 2h - Postal ballot 04-03-2026: Item 1 failed; Items 2-4 passed; 49,750,000 promoter votes invalidated. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 2h - Postal ballot 04-03-2026: Item 1 failed; Items 2-4 passed; 49,750,000 promoter votes invalidated.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f40b9c65-5e96-44ea-820d-51aef30e7809.pdf) |
| 16h - Copy of newspaper publication pertaining to the Un-Audited Financial Results for the Quarter ended on 31.12.2025 published in The Free Press Journal and Navshakti. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16h - Copy of newspaper publication pertaining to the Un-Audited Financial Results for the Quarter ended on 31.12.2025 published in The Free Press Journal and Navshakti.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d3b3e928-97e3-4d31-85e6-c3e6ca1db1cb.pdf) |
| 14 Feb - No deviation in utilization of Rs.56,35,20,000 IPO proceeds; allotment 15/12/2025, listing 17/12/2025. | [Statement Of Deviation. 14 Feb - No deviation in utilization of Rs.56,35,20,000 IPO proceeds; allotment 15/12/2025, listing 17/12/2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d76eb75d-e41c-48ca-9699-9e35d805a5c0.pdf) |
| 14 Feb - Monitoring Agency report: Rs56.35cr IPO; Rs36.29cr utilized, Rs20.06cr unutilized; no deviations; funds parked in subsidiary. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 14 Feb - Monitoring Agency report: Rs56.35cr IPO; Rs36.29cr utilized, Rs20.06cr unutilized; no deviations; funds parked in subsidiary.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0cc2e67b-2a3d-4b0b-9fa6-ede604370191.pdf) |
| 14 Apr - Certificate received from M/s. MUFG Intime India Private Limited under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for the Quarter & Year ended … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Apr - Certificate received from M/s. MUFG Intime India Private Limited under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for the Quarter & Year ended …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7fdabc46-f984-4c0d-8fef-7288637e37e0.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=716ca6db-9f25-4523-88f0-966b2a54feec.pdf) |
| 2026-09-09 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=477DB91E_FEB9_4A7C_89D5_7D605719AC95_114658.pdf) |
| 2026-09-09 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=A9479517_90A9_4DA1_A440_9D320B4A8CBF_114848.pdf) |
| 2026-09-08 | [Shareholding Meeting To Be Held On 30.09.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71fc2ee7-32f1-4ed5-8452-b3eba9724534.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a1a8d83-b56a-4eb8-a0dd-22ea3d0d88b3.pdf) |
| 2026-09-08 | [Book Closure For 43Rd AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5b29d70b-8a8f-434c-8e93-169cdc332d9e.pdf) |
| 2026-09-05 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=863ba6c3-1c9b-4e28-a806-0b6f1d1abb8a.pdf) |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e9e9fad-bed6-4cc6-ba51-de9f987ec497.pdf) |
| 2026-09-04 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9C7F043D_1E91_45F9_9967_89A2D453870E_125901.pdf) |
| 2026-09-04 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71D9B9FB_9A29_4F46_AB28_A59D3C46228B_130351.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Financial Results As On 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=677cf495-b59a-4274-804a-77bd5ee14a1e.pdf) |
| 2026-05-28 | [Financial Results For The Year Ended On 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=57418d18-9489-4a27-9b08-bf7e9326629a.pdf) |
| 2026-02-13 | [Financial Results For Quarter Ended On 31.12.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=da51c729-0bfe-49c5-8855-77c146a41c75.pdf) |
| 2025-11-14 | [Financial Results For The Quarter & Hal-Year Ended On 30/09/2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c62419b0-bea3-45b5-a6f5-e35d559d6f18.pdf) |
| 2025-08-14 | [Un-Audited Financial Results And Limited Review Report For The Quarter Ended On 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=44ec1d7f-06c1-4555-a657-d714fee0b83a.pdf) |
| 2025-05-29 | [Results-Financial Results For The Quarter And Year Ended On 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a41757ea-c170-44ac-a8ca-c36e108f1438.pdf) |
| 2025-02-13 | [Results-Financial Results For The Quarter Ended On December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=27825db2-13db-4134-b2cc-ec9a4778f77a.pdf) |
| 2024-11-14 | [Financial Result For The Quarter And Half Year Ended On 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b4badf3-8260-49c3-bd2a-e9eb10f7b8b3.pdf) |
| 2024-08-13 | [Financial Results For The Quarter Ended On 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a31f5590-5b63-44c8-8596-ca79abcff3e1.pdf) |
| 2024-05-27 | [Financial Results As On 31.03.2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9875dc3c-df55-4a8d-aa8b-f323c404145c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06771ece-867b-4255-a228-40a0fc01552d.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a8882dec-f596-40e5-9123-0246d6bda200.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5acdc4d7-4c9f-4dad-a515-7e47a45cc4ad.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/511000/77084511000.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/511000/72429511000.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/511000/66556511000_08_09_20.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/511000/5110000319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/511000/5110000318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/511000/5110000317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/511000/5110000316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:26:29.229Z.