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Mahamaya Steel Industries Limited

Mahamaya Steel Industries Limited

NSE: MAHASTEEL
SteelBasic MaterialsSMALL CAPMCap ₹2.02k Cr
₹1,231.30₹58.60 (+5.00%)

Market Closed • NSE

Market cap₹2.02k Cr
Enterprise value₹1.98k Cr
P/E TTM202.18
P/B12.73
EPS TTM₹6.09
ROCE8.40%
D/E0.37
Dividend yield0.00%
Face value₹10.00
52W high₹1,421.00
52W low₹550.05
Price chart(1Y)
1Y Return:+41.33% (+₹360.05)
H: ₹1,421L: ₹718.25
1W+10.86%
1M+2.45%
3M+50.28%
6M+36.16%
1Y+126.49%
Today at a glance

Day range

₹1,169.90₹1,231.30

52 week range

₹550.05₹1,421.00
Volume18.8K5.40x 20D avg
Free float50.00%+439.60% volume

Mahamaya Steel Industries Limited closed at INR1231.30 (+5%) on volume 5.4x its 20-day average, trading 13.35% below its 52-week high.

Technical analysis
RSI (14)57.8Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹62.79High
SMA 20₹1,154.43BULLISH
SMA 50₹1,181.97BULLISH
SMA 100₹1,021.51BULLISH
SMA 200₹937.33BULLISH
CPR bottom₹1,141.90
Pivot₹1,152.17
CPR top₹1,162.43
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -47.4% QoQ

2024-07-22

AGM Announced

Annual General Meeting

2023-09-22

AGM Announced

Annual General Meeting

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹58.0 Cr₹2.02k Cr2.87%≤ 33%PASS
Non-halal income ratio–₹882.8 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹270.2 Cr₹270.3 Cr99.96%≥ 20%PASS
Receivables ratio–₹270.3 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E202.1821.90
Forward P/E——
P/B12.732.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield0.504.60
Growth & profitability
RevenuePAT
FY24PAT margin 0.60%
FY25PAT margin 0.70%
FY26PAT margin 1.00%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+3.30%
Revenue CAGR 5Y+2.50%
PAT CAGR 3Y+17.00%
PAT CAGR 5Y+7.40%
Operating margin1.29%
Net margin1.06%
Financial health & cash flow
Net debt₹57.9 CrModerate
Interest coverage3.00xEBIT / interest
CFO / PAT0.94x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹7.7 Cr
Capital expenditure–
Free cash flow₹-289.1 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall60/100
Valuation35/100
Profitability65/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.37x

Risks

Stretched Valuation: Trading at a high P/E multiple of 202.2x

Bull case

Market Leadership: Established operational scale in Steel.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
0.06%Institutional holding
27.14%Public holding
5Periods available
0.00%Promoter pledged
6.5KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
—Annual General MeetingAnnual General Meeting—22 Jul 2024
—Annual General MeetingAnnual General Meeting—22 Sept 2023
—Annual General MeetingAnnual General Meeting—22 Sept 2022
—Annual General MeetingAnnual General Meeting—16 Sept 2021
—Annual General MeetingAnnual General Meeting—15 Dec 2020
—Annual General MeetingAnnual General Meeting—19 Sept 2019
—Annual General MeetingAnnual General Meeting—03 Aug 2018
—Annual General MeetingAnnual General Meeting—21 Sept 2017
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Mahamaya Steel Industries Limited
Mahamaya Steel Industries Limited

Incorporated in 1988, Mahamaya Steel Industries Ltd does manufacturing steel structures in the shape of Angles, Beams, Joist, Channels, Rounds, Flats, Railway sleepers, etc.[1]

IndiaBasic Materials

Questions investors ask
Is Mahamaya Steel Industries Limited Shariah compliant?

Mahamaya Steel Industries Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (2.87%) complies with AAOIFI threshold (≤ 33%).

What is Mahamaya Steel Industries Limited's current valuation relative to peers?

Mahamaya Steel Industries Limited trades at a P/E of 202.2x compared to the sector median of 21.9x, and a Price-to-Book of 12.7x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.37x. Interest coverage is 3x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 2.5% while net profit growth averaged 7.4%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.