1. India Stocks

  2. •

    Basic Materials

  3. •

    Steel
Mahamaya Steel Industries Limited

Mahamaya Steel Industries Limited

MAHASTEEL.BO
Mahamaya Steel Industries LimitedIN flagBombay Stock Exchange
779.00
INR
-22.10
- -
12.96BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
213.51
214.78
227.9
187.03
218.02
341.85
262.11
180.26
333.51
392.84
475.91
487.34
- -
538.13
Basic EPS, GAAP
2.19
1.56
-11.24
0.91
1.74
4.32
2.4
0.63
3.31
3.31
4.09
4.62
- -
5.85
Free Cash Flow per Basic Share
11.21
5.17
16.68
3.38
2.11
13.14
25.49
-3.04
29.76
1.08
8.69
5.38
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
49.17
33.58
7.94
9.02
10.3
14.67
16.52
17.78
21.35
22.63
26.8
31.47
- -
10.02
Tangible Book Value per Share
90.82
91.91
62.02
64.8
66.29
70.67
72.51
80.32
87.08
81.78
85.95
90.56
- -
96.76
Basic Weighted Avg Shares
14
14
14
14
14
14
14
14
15
16
16
16
- -
16
Sales/Revenue/Turnover
2,897
2,915
3,093
2,538
2,959
4,639
3,557
2,501
4,932
6,456
7,821
8,018
8,828
8,828
Operating Margin (%)
2.51
3.21
-1.68
4.09
4.84
4.28
2.72
2.84
3.11
1.83
1.19
1.35
1.68
3.26
Depreciation Expense
53
67
67
60
67
63
61
55
59
63
70
79
88
88
Net Income, GAAP
30
21
-153
12
24
59
33
9
49
54
67
76
96
96
Effective Tax Rate (%)
32.76
34.71
- -
- -
43.93
15.91
- -
44.87
26.6
25.26
22.36
24.4
25.86
13.22
Profit Margin (%)
1.02
0.73
-4.93
0.49
0.8
1.26
0.91
0.35
0.99
0.84
0.86
0.95
1.09
1.09
Working Capital
265
289
61
127
238
263
226
428
512
466
466
389
395
395
LT Debt
24
43
326
365
361
344
294
318
261
231
189
88
70
70
Total Equity
1,232
1,247
842
879
900
959
984
1,115
1,288
1,344
1,413
1,490
1,587
1,587
Return on Invested Capital (%)
2.69
3.29
- -
- -
4.31
8.59
- -
2.1
6.11
5
4.01
4.34
5.33
12.1
Return on Capital (%)
5.2
5.49
- -
- -
7.45
12.26
- -
4.03
9.09
9.71
12.77
11.54
15.46
16.2
Return on Common Equity (%)
4.36
3.78
-54.15
10.77
18.02
34.58
15.36
3.73
17.41
15.83
16.54
15.87
28.15
28.15

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
488
- -
511
LT Borrowings
128
- -
70
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
- -
16
Market Capitalization
6,838
16,374
15,586

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,295
- -
1,366
Cash, Cash Equivalents & STI
6
- -
13
Accounts Receivable, Net
209
- -
181
Inventories
984
- -
1,103
Total Current Liabilities
892
- -
971
Payables & Accruals
- -
- -
- -
ST Debt
488
- -
511
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.63%
7.41%
6.55%
Free Cash Flow
-19.9%
-117.02%
-13.26%
Net Income, GAAP
54.45%
106.31%
26.29%
Sales/Revenue/Turnover
16.43%
32.37%
10.11%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,202
1,858
1,802
1,959
7,821
2025
2,110
1,547
1,998
2,362
8,018
2026
2,070
1,886
2,241
2,631
8,828

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.01
0.94
1.27
- -
4.09
2025
0.53
0.14
0.66
3.29
4.62
2026
1.06
1.15
1.16
2.48
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Rajesh Agrawal
Full Time Employees
462
Sector
Basic Materials
Industry
Steel
Address
Urla Industrial Area Raipur India 493221
IPO Date
Feb 23, 2011
Website
mahamayagroup.in
Similar Companies
Tiangong International Company Limited (0826.HK)
Mesabi Trust (MSB)
BMW Industries Ltd (BMW.BO)
Vraj Iron and Steel Limited (VRAJ.NS)
Godo Steel, Ltd. (5410.T)
Tang Eng Iron Works Co., Ltd. (2035.TWO)
Business
Mahamaya Steel Industries Limited manufactures and sells structural steel products in India. The company produces heavy and light structural items including I-beams, angles, H-beams, joists, channels, girders, billets, blooms, rounds, squares, flats, railway sleepers, strips, mild steel angles, steel square billets, steel I beams, steel square bars and mild steel channels; it also operates a steel melting shop, continuous casting machine and gas plant producing oxygen and nitrogen cylinders. Incorporated in 1988 and headquartered in Raipur, Chhattisgarh at B/8-9, Sector-C, Urla Industrial Area, Sarora, the ISO 9001:2015 and ISO 14001:2015 certified firm supplies these products with annual capacities of approximately 355,000 MT for structural steel and equivalent billets/blooms to construction, automobile, railway and power sectors primarily in India. Recent developments include sustained sales growth with June 2025 production at 12,840 MT and July 2025 at 13,290 MT alongside a board meeting in August 2025 to approve Q1 unaudited financial results reflecting net sales of Rs 207 crore in June 2025 and profitability improvements.