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← CockpitCompetitor Analysis › MPSLTD.NS MPS LimitedOpen in the cockpit ↗

MPS LimitedMPSLTD.NSCompetitor analysis, valuation and peers

India · INR·Communication Services›Publishing: Books/Magazines
Momentum neutral 54
Mkt cap
$404M
US dollars, full cap
Free float
27%
of shares outstanding
$/day
$511,532
20-day average traded
Fwd P/E
18.2×
forward earnings
ROIC−WACC
+18.0 pp
WACC 11.3%
Hurdle
-3 pp
Req g minus delivered
Next earnings
83 days
28 Jan 2027
Close · INR₹2,233
1D-2.4%
1W-3.8%
1M-17.2%
3M-19.2%
6M+35.7%
YTD+9.9%
1Y+1.8%
ATR %5.7%
Beta0.47
52w lowhigh25.1% off high

What MPS does

Employees: 3,200

MPS at a glance

Size MPS (MPSLTD.NS) is an India Communication Services company (Publishing: Books/Magazines) with a market value of $404M, the 935th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹2,233 on 6 Nov 2026.

Performance Over six months the shares gained 35.7%, against -3.7% for the median peer and 0.0% for the India market (cap-weighted) — 3rd highest of 19 in its peer set.

Growth Revenue grew 10.1% over the last twelve months (peer median -5.0%); the operating margin is 28.9% (peer median 5.8%).

Valuation It trades at 18.2× forward earnings against a peer median of 20.5× (6th cheapest of 13).

Price implies For today's price to make sense, revenue must grow about 10% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -3 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 18.0 points above its cost of capital (11.3% WACC).

Next results Next results expected around 28 Jan 2027 (exchange calendar; dates can move).

Relative performance

10015011 May 202611 Aug 20266 Nov 2026MPSLTD.NS 131Peer median 97
Six months, rebased to 100: MPS against the median of its 18 peers (local-currency closes).

MPS financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹8.06B₹7.68B₹7.27B₹5.45B₹5.01B
Revenue growth—+6%+33%+9%—
Gross profit₹2.33B₹2.95B₹2.57B₹2.04B₹1.90B
EBITDA₹2.63B₹2.39B₹2.16B₹1.73B₹1.62B
Net income₹1.88B₹1.73B₹1.49B₹1.19B₹1.09B
Free cash flown/a₹1.90B₹948M₹1.21B₹1.11B
Capital expendituren/a₹84.7M₹86.2M₹68.4M₹43.8M
Total debtn/a₹606M₹36.9M₹45.4M₹75.7M

Quarterly statements and history in the cockpit →

MPS competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%+40%-20%0%VALU603096FUTRWILPRS603230603999MN300654601999301025SCHLBMY300788STORY-B605577MPSLTD.NS6-month return →1-month return →
Up and to the right = strong over both horizons. MPS is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%0×50×100×603096FUTRWILPRSMN300654SCHLBMY600551300788STORY-BMPSLTD.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. MPS is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-25%0%25%50%VALU603096FUTRWIL603230603999MN300654601999301025BMY600551STORY-BMPSLTD.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. MPS is the large dot.

MPS competitors and peer comparison

How MPS compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

MPS against its 18 peers (data as of 6 Nov 2026)
MeasureMPSLTD.NSPeer medianRank in peer set
1-month return-17.2%+2.8%2nd lowest of 19
6-month return+35.7%-3.7%3rd highest of 19
Distance from 52-week high-25.1%-24.5%9th lowest of 19
Revenue growth (TTM)+10.1%-5.0%2nd highest of 19
Operating margin28.9%5.8%highest of 19
Forward P/E18.2×20.5×6th cheapest of 13
Growth the price implies (Req g, 7 yrs)9.6%12.0%8th least demanding of 16
Growth delivered (Del g)+12.7%+0.7%2nd highest of 16
Hurdle (Req g minus delivered)-3.1 pp+12.8 pp5th least demanding of 16
ROIC minus cost of capital+18.0 pp-0.4 pphighest of 18
EV / EBITDA14.5×10.5×3rd most expensive of 9
Net debt / EBITDA-0.2×0.8×5th least indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
MPS MPSLTD.NSIndia$404M+36%+10%29%18.2×9.6%+12.7%
Value Line VALUUnited States$398M+22%-5%11%n/a33.3%-3.7%
Thinkingdom Media 603096.SSChina$383M-9%-7%13%29.1×6.9%-5.9%
Future FUTR.LUnited Kingdom$372M+5%-8%16%3.1×-6.8%+16.8%
Wilmington WIL.LUnited Kingdom$339M+12%+18%20%10.3×1.1%+1.2%
Promotora de Informaciones PRS.MCSpain$338M-23%0%8%50.0×n/an/a
Inner Mongolia Xinhua Distribution 603230.SSChina$554M-3%-27%1%n/a34.7%+3.6%
DuZhe Publishing&Media 603999.SSChina$577M0%-6%2%n/a24.3%-3.5%
Arnoldo Mondadori Editore MN.MIItaly$579M-5%+2%9%8.8×-4.9%+4.6%
Astro Century Education & Technology 300654.SZChina$580M-4%-3%4%132.0×48.9%+7.3%
Northern United Publishing & Media (Group) 601999.SSChina$581M-4%-20%2%n/a20.0%-3.8%
Dook Media 301025.SZChina$603M-11%-5%4%n/a52.3%-3.1%
Scholastic SCHLUnited States$685M-7%-3%1%20.8×n/an/a
Bloomsbury Publishing BMY.LUnited Kingdom$722M+9%-7%9%14.1×0.7%+12.0%
Time Publishing & Media 600551.SSChina$761M-5%-25%4%11.7×-21.0%+0.7%
Citic Press 300788.SZChina$958M-6%-2%1%42.0×26.8%-2.1%
Storytel STORY-B.STSweden$1.01B+37%+9%12%20.2×12.0%+12.5%
Heilongjiang Publishing & Media 605577.SSChina$1.03B+37%+2%7%n/a3.2%-0.5%
Chinese Universe Publishing & Media 600373.SSChina$1.57B-6%-5%-4%26.0×n/an/a

Questions

Which companies are MPS's closest peers?
The cockpit's peer set: Value Line (VALU), Thinkingdom Media (603096.SS), Future (FUTR.L), Wilmington (WIL.L), Promotora de Informaciones (PRS.MC), Inner Mongolia Xinhua Distribution (603230.SS), DuZhe Publishing&Media (603999.SS), Arnoldo Mondadori Editore (MN.MI).
Is MPS expensive compared with its peers?
On forward p/e it trades at 18.2× against a peer median of 20.5×, 6th cheapest of 13 in its peer set. For today's price to make sense, revenue must grow about 10% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -3 pp: the price already allows for a slowdown.
How has MPS stock performed?
Over six months to 6 Nov 2026 the shares returned +35.7% against -3.7% for the median peer; over one year +1.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.