MAHASTEEL - Mahamaya Steel Industries Limited Share Price

Industrial Products

₹928.60+48.55(+5.52%)

Market Closed as of Dec 24, 2025, 15:30 IST

Pros

Past Returns: Outperforming stock! In past three years, the stock has provided 148.4% return compared to 12.2% by NIFTY 50.

Momentum: Stock price has a strong positive momentum. Stock is up 32.3% in last 30 days.

Growth: Good revenue growth. With 41.5% growth over past three years, the company is going strong.

Balance Sheet: Strong Balance Sheet.

Technicals: Bullish SharesGuru indicator.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Cons

Dividend: Stock hasn't been paying any dividend.

Smart Money: Smart money is losing interest in the stock.

Valuation
Market Cap	1.53 kCr
Price/Earnings (Trailing)	150.75
Price/Sales (Trailing)	1.83
EV/EBITDA	66.41
Price/Free Cashflow	-2.74 K
MarketCap/EBT	134.82
Enterprise Value	1.59 kCr

Fundamentals
Revenue (TTM)	832.93 Cr
Rev. Growth (Yr)	21.9%
Earnings (TTM)	10.12 Cr
Earnings Growth (Yr)	731.1%

Profitability
Operating Margin	1%
EBT Margin	1%
Return on Equity	6.63%
Return on Assets	3.86%
Free Cashflow Yield	-0.04%

Price to Sales Ratio

Latest reported: 1.8

Revenue (Last 12 mths)

Latest reported: 832.9 Cr

Net Income (Last 12 mths)

Latest reported: 10.1 Cr

Growth & Returns
Price Change 1W	15.8%
Price Change 1M	32.3%
Price Change 6M	166.7%
Price Change 1Y	382.6%
3Y Cumulative Return	148.4%
5Y Cumulative Return	57.1%
7Y Cumulative Return	42.4%

Cash Flow & Liquidity
Cash Flow from Investing (TTM)	-10.82 Cr
Cash Flow from Operations (TTM)	8.85 Cr
Cash Flow from Financing (TTM)	1.3 Cr
Cash & Equivalents	44.83 L
Free Cash Flow (TTM)	-33.5 L
Free Cash Flow/Share (TTM)	-0.2

Balance Sheet
Total Assets	261.96 Cr
Total Liabilities	109.36 Cr
Shareholder Equity	152.6 Cr
Current Assets	129.49 Cr
Current Liabilities	89.21 Cr
Net PPE	71.78 Cr
Inventory	98.37 Cr
Goodwill	0.00

Capital Structure & Leverage
Debt Ratio	0.24
Debt/Equity	0.4
Interest Coverage	1.72
Interest/Cashflow Ops	3.21

Dividend & Shareholder Returns
Shares Dilution (1Y)	0.00%
Shares Dilution (3Y)	0.00%

Pros

Past Returns: Outperforming stock! In past three years, the stock has provided 148.4% return compared to 12.2% by NIFTY 50.

Momentum: Stock price has a strong positive momentum. Stock is up 32.3% in last 30 days.

Growth: Good revenue growth. With 41.5% growth over past three years, the company is going strong.

Balance Sheet: Strong Balance Sheet.

Technicals: Bullish SharesGuru indicator.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Cons

Dividend: Stock hasn't been paying any dividend.

Smart Money: Smart money is losing interest in the stock.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Investor Care
Shares Dilution (1Y)	0.00%
Earnings/Share (TTM)	6.16

Financial Health
Current Ratio	1.45
Debt/Equity	0.4

Technical Indicators
RSI (14d)	82.39
RSI (5d)	86.76
RSI (21d)	84.42
MACD Signal	Buy
Stochastic Oscillator Signal	Sell
Grufity Signal	Buy
RSI Signal	Sell
RSI5 Signal	Sell
RSI21 Signal	Sell
SMA 5 Signal	Buy
SMA 10 Signal	Buy
SMA 20 Signal	Buy
SMA 50 Signal	Buy
SMA 100 Signal	Buy

Earnings Outlook

Last updated:

Q&A Session

Last updated:

Share Holdings

Understand Mahamaya Steel Industries ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

Shareholder Name	Holding %
ESCORT FINVEST PRIVATE LIMITED	24.95%
RAJESH AGRAWAL	20.5%
ABHISHEK STEEL INDUSTRIES PRIVATE LIMITED	8.21%
REKHA AGRAWAL	7.1%
RAJESH AGRAWAL HUF (RAJESH AGRAWAL)	6.33%
ABHISHEK AGRAWAL	4.93%
KULDIP SINGH RATHEE	3.66%
INVETSOR EDUCATION AND PROTECTION FUND	1.57%
PRASHANT P SAWANT	1.04%
RAMANAND AGRAWAL HUF (RAMANAND AGRAWAL)	0.78%
RAMANAND AGRAWAL	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
		-	-	-	-	-	-	-	-

Category	MAHASTEEL	Industrial
PE	147.58	20.99
PS	1.79	1.54
Growth	11.8 %	6 %

Key Insights

1. MAHASTEEL is NOT among the Top 10 largest companies in Iron & Steel Products.
2. The company holds a market share of 0.5% in Iron & Steel Products.
3. In last one year, the company has had an above average growth that other Iron & Steel Products companies.

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	2.3%	802	784	650	495	251	358
Other Income	-45.2%	1.23	1.42	0.97	0.44	0.45	0.62
Total Income	2.3%	803	785	651	496	251	358
Cost of Materials	-2.7%	642	660	540	390	199	254
Purchases of stock-in-trade	376.2%	2.16	0.58	0.37	8.87	7.71	6.23
Employee Expense	46.4%	14	9.88	6.74	5.06	5.66	11
Finance costs	-30.4%	3.89	5.15	3.2	5.03	6.46	9.07
Depreciation and Amortization	14.5%	7.87	7	6.3	5.93	5.54	6.1
Other expenses	7.3%	118	110	92	70	31	63
Total Expenses	1.9%	795	780	645	491	250	357
Profit Before exceptional items and Tax	56.9%	8.2	5.59	5.28	4.92	1.08	1.23
Exceptional items before tax	-492.9%	0.45	1.14	0.73	0	0.18	0
Total profit before tax	33.7%	8.65	6.72	6.01	4.92	1.27	1.23
Current tax	67%	2.77	2.06	2.02	2.23	1.28	1.47
Deferred tax	-15.9%	-0.31	-0.13	-0.18	-0.46	-0.57	-3.49
Total tax	55.9%	2.45	1.93	1.84	1.77	0.71	-2.02
Total profit (loss) for period	15.4%	7.6	6.72	5.44	4.9	0.88	2.42
Other comp. income net of taxes	-2.3%	0.12	0.14	0.17	0.21	0.18	0.09
Total Comprehensive Income	14.7%	7.72	6.86	5.61	5.11	1.05	2.5
Earnings Per Share, Basic	17.2%	4.62	4.09	3.31	3.31	0.63	1.78
Earnings Per Share, Diluted	17.2%	4.62	4.09	3.31	3.31	0.63	1.78

Description	(%) Q/Q	Sep-2025	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024
Revenue From Operations	-8.7%	189	207	236	200	155	211
Other Income	9.7%	0.16	0.07	1.05	0.03	0.13	0.03
Total Income	-8.7%	189	207	237	200	155	211
Cost of Materials	-29.8%	128	182	178	168	122	174
Purchases of stock-in-trade	33.3%	0.4	0.1	0.12	0.16	0.22	1.66
Employee Expense	26.5%	5.73	4.74	4.17	3.2	3.38	3.38
Finance costs	-21.1%	1.15	1.19	1.09	0.72	1	1.08
Depreciation and Amortization	5.2%	2.21	2.15	2.02	2.04	1.92	1.88
Other expenses	-15.6%	28	33	32	29	28	28
Total Expenses	-9.3%	187	206	232	199	155	210
Profit Before exceptional items and Tax	40.3%	1.87	1.62	5.65	1.33	0.14	1.08
Exceptional items before tax	-156.8%	0.05	0.63	0	0.17	0.28	0
Total profit before tax	-26.4%	1.92	2.25	5.65	1.5	0.42	1.08
Current tax	4.8%	0.6	0.58	1.55	0.54	0.22	0.46
Deferred tax	-11.2%	-0.09	0.02	-0.1	-0.07	0	-0.14
Total tax	-17.1%	0.52	0.59	1.45	0.47	0.21	0.32
Total profit (loss) for period	18.9%	1.88	1.74	5.41	1.09	0.23	0.87
Other comp. income net of taxes	-	0	0	0.12	0	0	0
Total Comprehensive Income	18.9%	1.88	1.74	5.53	1.09	0.23	0.87
Earnings Per Share, Basic	150%	1.15	1.06	3.29	0.66	0.14	0.53
Earnings Per Share, Diluted	150%	1.15	1.06	3.29	0.66	0.14	0.53

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Revenue From Operations	2.3%	802	784	650	495	251	358
Other Income	-45.2%	1.23	1.42	0.97	0.44	0.45	0.62
Total Income	2.3%	803	785	651	496	251	358
Cost of Materials	-2.7%	642	660	540	390	199	254
Purchases of stock-in-trade	376.2%	2.16	0.58	0.37	8.87	7.71	6.23
Employee Expense	46.4%	14	9.88	6.74	5.06	5.66	11
Finance costs	-30.4%	3.89	5.15	3.2	5.03	6.46	9.07
Depreciation and Amortization	14.5%	7.87	7	6.3	5.93	5.54	6.1
Other expenses	7.3%	118	110	92	70	31	63
Total Expenses	1.9%	795	780	645	491	250	357
Profit Before exceptional items and Tax	56.9%	8.2	5.59	5.28	4.92	1.08	1.23
Exceptional items before tax	-492.9%	0.45	1.14	0.73	0	0.18	0
Total profit before tax	33.7%	8.65	6.72	6.01	4.92	1.27	1.23
Current tax	67%	2.77	2.06	2.02	2.23	1.28	1.47
Deferred tax	-15.9%	-0.31	-0.13	-0.18	-0.46	-0.57	-3.49
Total tax	55.9%	2.45	1.93	1.84	1.77	0.71	-2.02
Total profit (loss) for period	37.2%	6.2	4.79	4.17	3.15	0.55	3.25
Other comp. income net of taxes	-2.3%	0.12	0.14	0.17	0.21	0.18	0.09
Total Comprehensive Income	35.4%	6.32	4.93	4.34	3.36	0.73	3.34
Earnings Per Share, Basic	45%	3.77	2.91	2.54	2.13	0.4	2.4
Earnings Per Share, Diluted	45%	3.77	2.91	2.54	2.13	0.4	2.4

Description	(%) Q/Q	Sep-2025	Jun-2025	Mar-2025	Dec-2024	Sep-2024	Jun-2024
Revenue From Operations	-8.7%	189	207	236	200	155	211
Other Income	9.7%	0.16	0.07	1.05	0.03	0.13	0.03
Total Income	-8.7%	189	207	237	200	155	211
Cost of Materials	-29.8%	128	182	178	168	122	174
Purchases of stock-in-trade	33.3%	0.4	0.1	0.12	0.16	0.22	1.66
Employee Expense	26.5%	5.73	4.74	4.17	3.2	3.38	3.38
Finance costs	-21.1%	1.15	1.19	1.09	0.72	1	1.08
Depreciation and Amortization	5.2%	2.21	2.15	2.02	2.04	1.92	1.88
Other expenses	-15.6%	28	33	32	29	28	28
Total Expenses	-9.3%	187	206	232	199	155	210
Profit Before exceptional items and Tax	40.3%	1.87	1.62	5.65	1.33	0.14	1.08
Exceptional items before tax	-156.8%	0.05	0.63	0	0.17	0.28	0
Total profit before tax	-26.4%	1.92	2.25	5.65	1.5	0.42	1.08
Current tax	4.8%	0.6	0.58	1.55	0.54	0.22	0.46
Deferred tax	-11.2%	-0.09	0.02	-0.1	-0.07	0	-0.14
Total tax	-17.1%	0.52	0.59	1.45	0.47	0.21	0.32
Total profit (loss) for period	-39.4%	1.4	1.66	4.19	1.03	0.21	0.77
Other comp. income net of taxes	-	0	0	0.12	0	0	0
Total Comprehensive Income	-39.4%	1.4	1.66	4.32	1.03	0.21	0.77
Earnings Per Share, Basic	-1600%	0.85	1.01	2.55	0.63	0.13	0.47
Earnings Per Share, Diluted	-1600%	0.85	1.01	2.55	0.63	0.13	0.47

Description	(%) Q/Q	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023
Cash and cash equivalents	-129.2%	0.45	0.76	0.56	1.43	0.7	0.3
Total current financial assets	-19.2%	22	27	15	17	22	19
Inventories	21.2%	98	81	76	87	88	80
Current tax assets	-	-	-	0.37	0.06	0	-
Total current assets	9.4%	129	118	97	112	124	106
Property, plant and equipment	2.9%	72	70	70	69	65	65
Non-current investments	3.8%	28	27	26	26	31	30
Loans, non-current	-103.8%	0	27	0	26	24	23
Total non-current financial assets	9.3%	60	55	52	52	55	53
Total non-current assets	4.8%	132	126	123	121	122	119
Total assets	7.4%	262	244	220	233	245	225
Borrowings, non-current	53.5%	13	8.82	18	19	23	23
Total non-current financial liabilities	53.5%	13	8.82	18	19	23	23
Provisions, non-current	0%	0.71	0.71	0.66	0.69	0.61	0.62
Total non-current liabilities	26.7%	20	16	26	27	31	31
Borrowings, current	33.3%	49	37	16	22	37	20
Total current financial liabilities	23.3%	75	61	38	36	58	39
Provisions, current	-79.7%	2.08	6.32	1.14	8.64	0.79	7.05
Current tax liabilities	15.9%	0.47	0.37	-	-	0.03	0.48
Total current liabilities	12.8%	89	79	52	65	77	60
Total liabilities	14.9%	109	95	78	92	108	90
Equity share capital	0%	16	16	16	16	16	16
Total equity	2.7%	153	149	142	141	138	134
Total equity and liabilities	7.4%	262	244	220	233	245	225

Description	(%) Q/Q	Sep-2025	Mar-2025	Sep-2024	Mar-2024	Sep-2023	Mar-2023
Cash and cash equivalents	-129.2%	0.45	0.76	0.56	1.43	0.7	0.3
Total current financial assets	-19.2%	22	27	15	17	22	19
Inventories	21.2%	98	81	76	87	88	80
Current tax assets	-	-	-	0.37	0.06	0	-
Total current assets	9.4%	129	118	97	112	124	106
Property, plant and equipment	2.9%	72	70	70	69	65	65
Non-current investments	0%	18	18	18	18	24	24
Loans, non-current	-103.8%	0	27	0	26	24	23
Total non-current financial assets	11.4%	50	45	43	43	47	47
Total non-current assets	5.2%	122	116	114	113	114	112
Total assets	7.7%	252	234	211	225	238	218
Borrowings, non-current	53.5%	13	8.82	18	19	23	23
Total non-current financial liabilities	53.5%	13	8.82	18	19	23	23
Provisions, non-current	0%	0.71	0.71	0.66	0.69	0.61	0.62
Total non-current liabilities	26.7%	20	16	26	27	31	31
Borrowings, current	33.3%	49	37	16	22	37	20
Total current financial liabilities	23.3%	75	61	38	36	58	39
Provisions, current	-79.7%	2.08	6.32	1.14	8.64	0.79	7.05
Current tax liabilities	15.9%	0.47	0.37	-	-	0.03	0.48
Total current liabilities	12.8%	89	79	52	65	77	60
Total liabilities	14.9%	109	95	78	92	108	90
Equity share capital	0%	16	16	16	16	16	16
Total equity	2.2%	142	139	134	133	130	128
Total equity and liabilities	7.7%	252	234	211	225	238	218

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	-30.4%	3.89	5.15	3.2	5.03	-	-
Change in inventories	169.5%	6.45	-6.84	-33.89	25	-	-
Depreciation	14.5%	7.87	7	6.3	5.93	-	-
Share-based payments	-	0	0	0	-2.25	-	-
Net Cashflows from Operations	-37.5%	11	17	3.3	45	-	-
Income taxes paid (refund)	-9.1%	2.4	2.54	1.53	3.16	-	-
Net Cashflows From Operating Activities	-39.6%	8.85	14	1.77	42	-	-
Purchase of property, plant and equipment	0.6%	9.18	9.13	11	4.93	-	-
Proceeds from sales of investment property	-120%	0	6	2	2	-	-
Other inflows (outflows) of cash	0%	-0.01	-0.01	1.85	-0.01	-	-
Net Cashflows From Investing Activities	-78.3%	-10.82	-5.63	-11.24	-5.06	-	-
Proceeds from issuing shares	-	0	0	0	1.66	-	-
Proceeds from issuing other equity instruments	-	0	0	0	13	-	-
Proceeds from borrowings	224.3%	5.19	-2.37	-2.08	0	-	-
Repayments of borrowings	-	0	0	0	33	-	-
Interest paid	-30.2%	3.89	5.14	3.2	5.03	-	-
Net Cashflows from Financing Activities	103.5%	1.3	-7.52	-5.28	-23.89	-	-
Net change in cash and cash eq.	-1384.6%	-0.67	1.13	-14.75	13	-	-

Description	(%) Q/Q	Mar-2025	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020
Finance costs	-30.4%	3.89	5.15	3.2	5.03	-	-
Change in inventories	169.5%	6.45	-6.84	-33.89	25	-	-
Depreciation	14.5%	7.87	7	6.3	5.93	-	-
Share-based payments	-	0	0	0	-2.25	-	-
Net Cashflows from Operations	-37.5%	11	17	3.3	45	-	-
Income taxes paid (refund)	-9.1%	2.4	2.54	1.53	3.16	-	-
Net Cashflows From Operating Activities	-39.6%	8.85	14	1.77	42	-	-
Purchase of property, plant and equipment	0.6%	9.18	9.13	11	4.93	-	-
Proceeds from sales of investment property	-120%	0	6	2	2	-	-
Other inflows (outflows) of cash	0%	-0.01	-0.01	1.85	-0.01	-	-
Net Cashflows From Investing Activities	-78.3%	-10.82	-5.63	-11.24	-5.06	-	-
Proceeds from issuing shares	-	0	0	0	1.66	-	-
Proceeds from issuing other equity instruments	-	0	0	0	13	-	-
Proceeds from borrowings	224.3%	5.19	-2.37	-2.08	0	-	-
Repayments of borrowings	-	0	0	0	33	-	-
Interest paid	-30.2%	3.89	5.14	3.2	5.03	-	-
Net Cashflows from Financing Activities	103.5%	1.3	-7.52	-5.28	-23.89	-	-
Net change in cash and cash eq.	-1384.6%	-0.67	1.13	-14.75	13	-	-

Mahamaya Steel Industries Limited engages in the manufacture and sale of structural steel products in India. It provides I-beams, angles, H-beams, joists, channels, billets, blooms, rounds, squares, flats, railway sleepers, strips, girders, and other related products for construction, automobile, railway, and power industries. The company was formerly known as Rajesh Strips Limited and changed its name to Mahamaya Steel Industries Limited in 2009. Mahamaya Steel Industries Limited was incorporated in 1988 and is based in Raipur, India.

Industry Group:Industrial Products

Employees:462

Website:mahamayagroup.in

Important Disclosure & Data Context

This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.

MAHASTEEL - Mahamaya Steel Industries Limited Share Price

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Mahamaya Steel Industries Limited do?

Important Disclosure & Data Context

MAHASTEEL - Mahamaya Steel Industries Limited Share Price

MAHASTEEL

Valuation

Fundamentals

Profitability

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Growth & Returns

Cash Flow & Liquidity

Balance Sheet

Capital Structure & Leverage

Dividend & Shareholder Returns

MAHASTEEL

Investor Care

Financial Health

Technical Indicators

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

What does Mahamaya Steel Industries Limited do?

Important Disclosure & Data Context

MAHASTEEL

MAHASTEEL