Handelsavisen
prelaunch
Companies ›Financials ›MSTT.NS
MS
MSTT.NS — NSE (India) Investment Banking & Brokerage Services

Master Trust Ltd

$93,02
Open in Charts → Attach watcher ⌖
— —
USD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
—
P/E
—
EV / Rev
—
Div yield
—
Op margin
40,6 %
ROE
7,5 %
Net margin
23,3 %
Debt / equity
0,37
Beta
—
52w range
—
Volume
—
Day range
—
Prev close
—
Open
—
Next earnings
—
Ex-dividend
—
TR 1Y
—
About

Master Trust Ltd maintains a strong liquidity position, with cash and equivalents amounting to INR 14,830.11 million, representing 80% of total assets. The company's liquidity FPT (free cash to total liabilities) is robust, indicating a low liquidity risk. The debt-to-equity ratio of 0.37 is well below the industry median, suggesting a conservative capital structure. Profitability metrics show a return on equity (ROE) of 7.51%, which is above the industry median for investment banking firms. The return on assets (ROA) of 2.03% is in line with the sector average, indicating efficient asset utilization. Operating income of INR 659.70 million and net income of INR 378.70 million reflect stable earnings performance. The company's revenue is concentrated in its core investment banking and brokerage services, with no disclosed geographic diversification. This concentration may expose the firm to regional economic fluctuations. No material revenue is attributed to non-core or international operations. Growth trajectory for the current fiscal year is projected to remain stable, with no significant revenue acceleration or contraction expected. Historical revenue growth has been moderate,

Business. Master Trust Ltd (MSTT.NS) is an Indian investment banking and brokerage services firm operating within the financials sector. The company generates revenue primarily through fee-based activities associated with banking and investment services. It is headquartered in India and is listed on the National Stock Exchange of India. Specific details regarding operating segments or geographic revenue breakdowns are not available.

Classification92 %
SectorFinancials
Business sectorBanking & Investment Services
IndustryInvestment Banking & Brokerage Services
ActivityBanking & Investment Services
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
7,5 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning MSTT.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials · THIS SECTOR−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to MSTT.NS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Master Trust Ltd (MSTT.NS) is an Indian investment banking and brokerage services firm operating within the financials sector. The company generates revenue primarily through fee-based activities associated with banking and investment services. It is headquartered in India and is listed on the National Stock Exchange of India. Specific details regarding operating segments or geographic revenue breakdowns are not available.

    Classification92 %
    SectorFinancials
    Business sectorBanking & Investment Services
    IndustryInvestment Banking & Brokerage Services
    ActivityBanking & Investment Services
    AI synthesis
    GENERATED

    Master Trust Ltd maintains a strong liquidity position, with cash and equivalents amounting to INR 14,830.11 million, representing 80% of total assets. The company's liquidity FPT (free cash to total liabilities) is robust, indicating a low liquidity risk. The debt-to-equity ratio of 0.37 is well below the industry median, suggesting a conservative capital structure.

    Profitability metrics show a return on equity (ROE) of 7.51%, which is above the industry median for investment banking firms. The return on assets (ROA) of 2.03% is in line with the sector average, indicating efficient asset utilization. Operating income of INR 659.70 million and net income of INR 378.70 million reflect stable earnings performance.

    The company's revenue is concentrated in its core investment banking and brokerage services, with no disclosed geographic diversification. This concentration may expose the firm to regional economic fluctuations. No material revenue is attributed to non-core or international operations.

    Growth trajectory for the current fiscal year is projected to remain stable, with no significant revenue acceleration or contraction expected. Historical revenue growth has been moderate, and the outlook for the next fiscal year is neutral, with no material changes in market share or competitive positioning anticipated.

    Risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company has not issued new shares in the past 12 months, and no dilution sources were identified in recent filings. The conservative capital structure and strong cash reserves further support the low risk profile.

    Recent events include the filing of the latest annual report, which disclosed continued investment in digital infrastructure and client acquisition. No material legal or regulatory actions were reported in the past 12 months, and the company remains in compliance with industry regulations.

    Key takeaways
    • Master Trust Ltd maintains a conservative capital structure with a low debt-to-equity ratio of 0.37.
    • The company's ROE of 7.51% is above the industry median, indicating strong profitability.
    • Cash and equivalents represent 80% of total assets, supporting a low liquidity risk profile.
    • Revenue is concentrated in core investment banking and brokerage services, with no geographic diversification.
    • No immediate liquidity or dilution risks were identified in the latest filings.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 4

    Revenue grew 27% annually over four years, demonstrating strong top-line expansion for the investment banking firm.

    Net income surged 39.8% annually over four years, significantly outpacing revenue growth and indicating operating leverage.

    Operating margin of 40.6% ranks in the top quartile among 253 peer investment banking and brokerage services firms.

    Cash conversion of 12.09 is best-in-class compared to the cohort median of 0.24, highlighting superior cash generation.

    BEAR CASE · 3

    Long-term debt increased to 2.58 billion INR in FY0, rising from 950 million INR four years prior.

    Return on assets of 2.0% remains modest, suggesting limited efficiency in generating profits from total assets.

    Debt-to-equity ratio of 0.37 is higher than the cohort median of 0.30, indicating slightly elevated leverage.

    In focus — financials by report

    Valuation FY

    Market price
    $93,02
    Market cap
    —
    Enterprise valueⓘ
    —
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    —
    P / Tangible bookⓘ
    —
    Tangible book
    $5.04B
    Net cashⓘ
    $12.96B
    Current ratioⓘ
    —
    Debt / equityⓘ
    0.4
    ROAⓘ
    2.0%
    ROEⓘ
    7.5%
    Cash conversionⓘ
    1209.0%
    CapEx / revenueⓘ
    -3.1%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin40,6 %Above P75
    Net Margin23,3 %Above median
    ROE7,5 %Above median
    Capex / Rev-3,1 %Below median
    D/E0,37Below median
    Cash Conv12,09Best in class

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Master Trust Ltd Market data — financials · 2026-05-28

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    MSTT.NSCanonical
    NSE (India) · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage