Mahamaya Steel Industries Ltd Stock Price Today (NSE: MAHASTEEL)

Mahamaya Steel Industries Ltd

791.1515.05 (1.87%)
Market Open

Fundamental Score

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Mahamaya Steel Industries Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Mahamaya Steel Industries Ltd share price today is 791.15, down 1.87% on NSE/BSE as of 17 June 2026. Mahamaya Steel Industries Ltd (MAHASTEEL) is a Small-cap company in the Iron & Steel Products sector with a market capitalisation of 1.24K (Cr). The 52-week high for MAHASTEEL share price is 1050.00 and the 52-week low is 304.00. At a P/E ratio of 130.13x, MAHASTEEL is currently trading above its industry average P/E of 22.05x. The company has a Return on Equity (ROE) of 5.01% and a debt-to-equity ratio of 0.40.

Mahamaya Steel Industries Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
934.95
Low
756.70
Volume
4.0K
Change
+10.78%

Mahamaya Steel Industries Ltd share price chart: 10.78% return over the past month. 52-week high ₹1050.00, 52-week low ₹304.00.

Mahamaya Steel Industries Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
964.90969.40922.15953.901.86K (Cr)
967.25987.00926.00951.601.59K (Cr)
930.00950.00905.00946.357.71K (Cr)
871.00934.95871.00932.457.59K (Cr)
872.60910.00852.55906.308.05K (Cr)
843.50884.50821.10872.602.98K (Cr)
799.90849.05790.20843.402.95K (Cr)
773.50814.95762.05808.657.88K (Cr)
793.60794.95756.70779.103.84K (Cr)
800.00816.00781.70793.602.42K (Cr)

Mahamaya Steel Industries Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
967.25987.00922.15953.90-1.38%
845.00950.00756.70946.35+11.99%
954.45978.00806.20848.70-11.08%
705.001050.00682.55949.75+34.72%
760.70780.00673.95758.45-0.30%
1020.001032.00761.10761.10-25.38%
752.251005.00745.001001.00+33.07%
624.00792.00595.70737.50+18.19%
413.15617.00413.15614.40+48.71%
345.80416.00340.90415.35+20.11%
356.95376.85312.20331.50-7.13%
344.10375.00327.05357.15+3.79%

AI Research Briefing

Powered by Gemini · 2026-04-09

Micro-cap steel play trading at nosebleed valuations; watch for infrastructure spending cues and sales data.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSEBreakout - 1M: 22.44%, 3M: 105.48%, 6M: 146.56%Expensive - P/E of 130.13x vs Industry P/E of 22.05x

WHAT'S HAPPENING NOW (last 2-4 weeks)

Mahamaya Steel's March sales dropped 13.9% YoY to 13,982.83 MT. The company closed its trading window on April 1st ahead of FY26 results. The stock hit an upper circuit on March 19th due to strong buying pressure.

CORE STORY (THE REAL GAME)

Mahamaya Steel is a play on the Indian infrastructure boom, riding the wave of increased steel demand. Market sentiment is driven by expectations of continued government spending and overall industrial growth.

Why Now
  • Infrastructure spending tailwinds.
  • Q3 FY26 earnings beat.
  • Upper circuit hit in March indicates strong buying pressure.
Potential Catalysts
  • Large order wins from government projects.
  • Increase in steel prices.
  • Positive policy announcements related to infrastructure.
Key Risks
  • Micro-cap liquidity risk.
  • High P/E ratio compared to industry average.
  • March sales decline.
Institutional Activity

FII holdings are negligible at 0.56% with a slight increase of 0.01%.

Macro Context

Indian steel industry is growing, but faces challenges from fluctuating raw material costs and geopolitical crises.

Cash Flow Quality

Profit converting to cash - Free Cash Flow 5Y: ₹27.65 Cr

3–6 Month Outlook

Short-term gains possible on infrastructure news. Long-term sustainability depends on managing raw material costs and securing government contracts.

Primary Thesis Risk

Reliance on government spending makes it vulnerable to policy changes.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

5.01%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

7.15%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

2.58%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Mahamaya Steel Industries Ltd Valuation Check

Poor

Price to Earnings (P/E)

130.13x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

22.05x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

72.80%

% shares held by company founders/management

Poor

FII Holding

0.56%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

1944.44%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

21.86%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

17.51%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

19.93%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

24.61%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Good

Debt to Equity Ratio

0.40x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

3.96x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

27.65 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Mahamaya Steel Industries Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of MAHASTEEL across key market metrics for learning purposes.

Positive Indicators

8 factors identified

Robust Profit Growth (1944.44%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (21.86%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (17.51% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (19.93% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (24.61% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Strong Cash Generation (₹27.65 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (72.80%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Below-Average Return on Equity (5.01%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (7.15%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (2.58%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Premium Valuation Risk (P/E: 130.13x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Limited Institutional Interest (FII+DII: 0.56%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Mahamaya Steel Industries Ltd vs Iron & Steel Products Peers

Peer Comparison - Iron & Steel Products

Compare Mahamaya Steel Industries Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
57.8/100
791
₹1236.28
130.1
Average
5.01%
Poor
7.15%
Poor
0.4
Excellent
24.61%
Excellent
17.51%
Excellent
0.00%
58.2/100
1868
₹48140.62
45.9
Average
18.95%
Good
22.36%
Excellent
0.2
Excellent
25.60%
Excellent
21.78%
Excellent
0.33%
68/100
976
₹22904.25
23.6
Average
8.99%
Poor
12.05%
Average
0.1
Excellent
21.75%
Excellent
28.17%
Excellent
0.55%
68.3/100
1353
₹22738.84
12.8
Average
18.59%
Good
21.24%
Excellent
0.2
Excellent
13.17%
Good
7.02%
Good
0.58%
68/100
2587
₹16673.81
27.5
Average
16.01%
Good
21.51%
Excellent
0.1
Excellent
12.03%
Good
14.94%
Good
0.59%
58.9/100
282
₹16393.58
22.1
Average
17.23%
Good
23.25%
Excellent
0.0
Excellent
36.29%
Excellent
10.43%
Good
0.42%
61.5/100
689
₹14229.55
28.9
Average
15.11%
Good
19.20%
Good
0.2
Excellent
77.96%
Excellent
37.76%
Excellent
0.21%
43.7/100
510
₹12879.99
30.5
Average
15.83%
Good
18.75%
Good
0.1
Excellent
-0.10%
Poor
10.03%
Good
0.71%
42.5/100
246
₹10658.72
7.8
Average
16.31%
Good
19.37%
Good
0.4
Excellent
23.92%
Excellent
12.37%
Good
1.20%
62/100
635
₹7894.79
10.1
Average
12.90%
Average
16.63%
Good
0.0
Excellent
36.46%
Excellent
14.78%
Good
1.70%
38.5/100
105
₹6850.49
18.2
Average
4.86%
Poor
12.59%
Average
0.9
Good
16.22%
Excellent
10.52%
Good
0.00%

Mahamaya Steel Industries Ltd PE Ratio History

Historical price-to-earnings ratio for MAHASTEEL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20254.62₹1001.00216.7x
FY 20244.09₹203.7149.8x
FY 20233.31₹84.3025.5x
FY 20223.31₹70.9521.4x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Mahamaya Steel Industries Ltd Quarterly Performance

Latest quarterly metrics for MAHASTEEL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

21.86%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

1944.44%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

17.51%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

24.61%

Compounded annual net profit growth over 5 years

Mahamaya Steel Industries Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for MAHASTEEL — calculated from daily price history

68RSI 14
Neutral — RSI 68

Momentum is balanced — neither overbought nor oversold.

SMA 50
892
▼ Price below SMA 50 — Short-term bearish
SMA 200
706
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
4K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Mahamaya Steel Industries Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Mahamaya Steel Industries Ltd (MAHASTEEL) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Mahamaya Steel Industries Ltd

About MAHASTEEL (Mahamaya Steel Industries Ltd)

Mahamaya Steel Industries Ltd is a formidable presence in the Indian iron and steel sector, renowned for its comprehensive range of high-quality products catering to diverse indust...rial needs. As a cornerstone of infrastructural development, MAHASTEEL engineers robust solutions for a multitude of applications. From the skeletal framework of towering skyscrapers to the intricate components of automobiles and the resilient tracks of railways, the company's commitment to precision and durability is evident. Their offerings encompass a spectrum of steel profiles, including I-beams, channels, and angles, alongside fundamental raw materials such as billets, blooms, and sponge iron, providing the building blocks for a stronger tomorrow. With a steadfast focus on innovation and customer satisfaction, MAHASTEEL is a driving force in shaping India's industrial landscape. MAHASTEEL is not merely a manufacturer; it is a facilitator of progress, empowering industries with the materials they need to thrive. The company's dedication to quality extends beyond its finished products, encompassing every stage of the production process. Through rigorous testing and adherence to international standards, MAHASTEEL ensures that its offerings meet the stringent requirements of its diverse clientele. Whether it's the construction industry demanding robust structural supports or the automotive sector seeking high-performance alloys, MAHASTEEL provides tailored solutions that optimize performance and longevity. In addition to traditional steel products, MAHASTEEL also handles essential resources such as coal and scrap, demonstrating its commitment to resource management and sustainable practices. Mahamaya Steel Industries Ltd stands as a testament to the transformative power of steel, forging not only infrastructure but also enduring relationships with its customers. By consistently delivering reliable products and exceptional service, MAHASTEEL has earned a reputation as a trusted partner in progress. With a forward-looking vision and a commitment to innovation, the company continues to explore new avenues for growth and development, solidifying its position as a leader in the Indian steel industry. As India's economy continues to expand, MAHASTEEL remains dedicated to providing the essential materials that fuel its growth, building a foundation for a stronger, more prosperous future.

Company Details

Symbol:MAHASTEEL
Industry:Iron & Steel Products
Sector:Iron & Steel Products

Key Leadership

Mr. Rajesh Agrawal
MD & Executive Director
Mr. Suresh Raman
Executive Director & CFO
Ms. Jaswinder Kaur Mission
Compliance Officer, Company Secretary and Vigilance & Ethics Officer

MAHASTEEL Share Price: Frequently Asked Questions

What is the current share price of Mahamaya Steel Industries Ltd?

Mahamaya Steel Industries Ltd (MAHASTEEL) trades at ₹791.15 on NSE and BSE. Market cap ₹1.24K (Cr). Educational data only.

What is the P/E ratio of Mahamaya Steel Industries Ltd?

Mahamaya Steel Industries Ltd has a P/E of 130.13x vs industry average 22.05x.

What is the Bull Run score for Mahamaya Steel Industries Ltd?

Mahamaya Steel Industries Ltd has a Bull Run score of 57.8/100 based on 25+ financial parameters.

Does Mahamaya Steel Industries Ltd pay dividends?

Mahamaya Steel Industries Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Mahamaya Steel Industries Ltd?

Mahamaya Steel Industries Ltd has ROE of 5.01%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Mahamaya Steel Industries Ltd?

Mahamaya Steel Industries Ltd has debt-to-equity of 0.40.

Is Mahamaya Steel Industries Ltd a good investment?

Bull Run gives Mahamaya Steel Industries Ltd a score of 57.8/100. This is not investment advice — consult a SEBI-registered advisor.