- Business
- Mahamaya Steel Industries Limited manufactures steel structural products and semi-finished steel at its integrated facilities in Raipur, Chhattisgarh, India. Incorporated in 1988 and headquartered at B-8/9, Urla Industrial Complex, Sector C, Sarora, Raipur, the company operates a heavy steel structural mill, steel melting shop with continuous casting, and gas plant producing billets, blooms, angles; beams including I-beams and H-beams; joists up to 600 mm; channels including C-type; rounds; squares; flats and flat bars; strips; girders; railway sleepers; mild steel products such as electric poles; and sponge iron under the Mahamaya brand for construction, automobile, railway, power, and infrastructure sectors primarily in India. With annual capacities of 255,000 metric tons for structural steel and 200,000 metric tons for billets/blooms, plus 900,000 cubic meters of industrial gases like oxygen and nitrogen, the ISO 9001:2015 and ISO 14001:2015 certified firm employs 512 people and maintains rigorous quality controls including spectrometry and mechanical testing. In recent developments, the company reported consolidated net profit rising 278% to Rs 5.41 crore on 19.5% sales growth to Rs 236 crore for the March 2025 quarter, alongside monthly sales updates showing 12,840 metric tons in June 2025 and 13,290 metric tons in July 2025; it scheduled a board meeting for August 2025 to approve Q1 unaudited results and issued a certificate under SEBI Regulation 74(5) in July 2025.