Magnus Steel

Which are the latest news on Magnus Steel?

Why is Magnus Steel & Infra Ltd falling/rising?

As of 05-Sep, Magnus Steel & Infra Ltd's stock price is at Rs 21.85, down 4.96%, reflecting a significant decline over recent weeks and a lack of investor confidence, highlighted by a 33.94% reduction in promoter stake. The stock has consistently underperformed its sector and is trading below all major moving averages.

As of 05-Sep, Magnus Steel & Infra Ltd's stock price is falling, currently at Rs 21.85, reflecting a decrease of Rs 1.14 or 4.96%. The stock has been on a downward trend, having underperformed its sector by 2.27% today and experiencing a consecutive decline over the last four days, resulting in a total drop of 16.92% during this period. The stock opened with a loss of 4.96% and has not traded above this price since then.<BR><BR>The stock's performance over the past week shows a significant decline of 12.77%, while its one-month performance indicates a staggering drop of 57.59%. Year-to-date, the stock is down 38.68%, compared to a 10.21% decline in the benchmark Sensex. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend.<BR><BR>Investor participation has also decreased, with delivery volume dropping by 87.64% compared to the 5-day average, suggesting a lack of confidence among investors. Furthermore, a notable factor contributing to this decline is the reduction in promoter confidence, as promoters have decreased their stake in the company by 33.94% over the previous quarter, now holding only 12.19%. This reduction may signal a lack of confidence in the company's future prospects.<BR><BR>Despite some positive long-term growth indicators, such as significant increases in net sales and operating profit, the current stock price movement reflects a combination of negative market sentiment, declining investor participation, and reduced promoter confidence.

Who are in the management team of Magnus Steel?

The management team of Magnus Steel includes Harsh Parikh (Chairman), Sharmila S Chitale (Non-Executive & Independent Director), Hemant K Shah (Non-Executive & Independent Director), and Sarita Kumari (Company Secretary).

The management team of Magnus Steel includes the following individuals:<BR><BR>1. Harsh Parikh - Chairman (Non-Executive)<BR>2. Sharmila S Chitale - Non-Executive & Independent Director<BR>3. Hemant K Shah - Non-Executive & Independent Director<BR>4. Sarita Kumari - Company Secretary<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

What does Magnus Steel do?

Magnus Steel & Infra Ltd, established in 1978 and formerly known as Savant Infocomm Limited, provides technology solutions and education services in the Other Electrical Equipment industry. As of June 2026, it reported net sales of 7 Cr and a net profit of 2 Cr, with a market cap of INR 9 Cr.

Overview: <BR>Magnus Steel & Infra Ltd is a leading provider of technology solutions and education services in the Other Electrical Equipment industry, categorized as a micro-cap company.<BR><BR>History: <BR>The company was established in 1978 and was formerly known as Savant Infocomm Limited. It underwent a name change to Magnus Retail Limited in August 2023. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 7 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 2 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 9 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 1.00 <BR>Industry P/E: 48 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.52 <BR>Return on Equity: 192.04% <BR>Price to Book: 2.50 <BR><BR>Contact Details: <BR>Address: 163-164 Mittal Tower A-Wing, 16th Floor Nariman Point Mumbai Maharashtra : 400021 <BR>Email: sil.compliance@gmail.com <BR>Website: http://www.savant-infocomm.co.in

Who are the peers of the Magnus Steel?

Peers of Magnus Steel include Relicab Cable, Alfa Transformer, Switching Tech, Cont. Controls, SGN Telecoms, Shri Ram Switch, and Auro Impex. Magnus Steel shows excellent growth and average management risk, while its peers exhibit varying levels of management risk and returns, with Switching Tech having the highest 1-year return at 77.95% and Relicab Cable the lowest at -48.19%.

Peers: The peers of Magnus Steel are Relicab Cable, Alfa Transformer, Switching Tech., Cont. Controls, SGN Telecoms, Shri Ram Switch., and Auro Impex.<BR><BR>Quality Snapshot: Average management risk is observed at Relicab Cable and Magnus Steel, while Below Average management risk is found at Alfa Transformer, Cont. Controls, and Auro Impex, and the rest. Excellent growth is noted at Magnus Steel, while Below Average growth is seen at Relicab Cable, Alfa Transformer, Cont. Controls, and Auro Impex, and the rest. Average capital structure is present at Magnus Steel, while Below Average capital structure is found at Relicab Cable, Alfa Transformer, Cont. Controls, and Auro Impex, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Switching Tech. at 77.95%, while the peer with the lowest is Relicab Cable at -48.19%. Magnus Steel's 1-year return is not available for comparison. Additionally, Relicab Cable, Alfa Transformer, and Auro Impex all have negative six-month returns.

How big is Magnus Steel?

As of 31st August, Magnus Steel & Infra Ltd has a market capitalization of 9.00 Cr, with recent net sales of 27.92 Cr and a net profit of 6.51 Cr. The balance sheet for March 2025 shows shareholder's funds of -1.45 Cr and total assets of 1.45 Cr.

As of 31st August, Magnus Steel & Infra Ltd has a market capitalization of 9.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 27.92 Cr and a Net Profit of 6.51 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of -1.45 Cr and Total Assets of 1.45 Cr.

Should I buy, sell or hold Magnus Steel & Infra Ltd?

Are Magnus Steel & Infra Ltd latest results good or bad?

Magnus Steel & Infra Ltd's latest results show impressive growth with a 274.36% increase in net sales and a 487.80% rise in net profit for Q1 FY27. However, concerns about its negative book value, lack of institutional investors, and a 69.14% stock decline over the past three months indicate significant financial risks.

Magnus Steel & Infra Ltd's latest results present a mixed picture. On one hand, the company has reported impressive growth metrics for Q1 FY27, including a staggering 274.36% year-on-year increase in net sales, reaching ₹7.30 crores, and a net profit of ₹2.41 crores, which is a remarkable 487.80% increase compared to the same quarter last year. The operating margin has also improved significantly to 33.01%, marking the highest on record for the company.<BR><BR>However, despite these strong quarterly results, there are significant concerns regarding the company's financial health. Magnus Steel operates with a negative book value of ₹-2.30 per share and negative shareholder funds of ₹-1.45 crores, indicating a precarious balance sheet situation. The absence of institutional investors—such as foreign institutional investors, mutual funds, and insurance companies—further highlights a lack of confidence in the company's sustainability. Additionally, the stock has experienced a severe decline of 69.14% over the past three months, raising questions about its valuation and market perception.<BR><BR>In summary, while the quarterly performance reflects strong operational momentum, the underlying financial instability and market skepticism suggest that the results, while impressive on the surface, come with significant risks.

When is the next results date for Magnus Steel & Infra Ltd?

The next results date for Magnus Steel & Infra Ltd is 01 May 2026.

The next results date for Magnus Steel & Infra Ltd is scheduled for 01 May 2026.

Is Magnus Steel overvalued or undervalued?

As of November 12, 2025, Magnus Steel is classified as very expensive due to its extremely high valuation ratios, including a PE Ratio of 1597.16, which significantly exceeds its peers, indicating it is overvalued despite impressive stock returns.

As of 12 November 2025, the valuation grade for Magnus Steel has moved from does not qualify to very expensive. The company is currently overvalued based on its high valuation ratios, including a PE Ratio of 1597.16, a Price to Book Value of 95.83, and an EV to EBITDA of 97.91. These figures suggest that the stock is priced significantly higher than its earnings and book value.<BR><BR>In comparison to its peers, Magnus Steel's PE Ratio of 1597.16 is substantially higher than Polycab India's 46.72 and Havells India's 62.39, both of which are also classified as very expensive or fair, respectively. The stark difference in valuation metrics indicates that Magnus Steel is not only overvalued relative to its industry but also lacks the financial performance to justify such a high valuation. While the company has shown impressive stock returns, outperforming the Sensex over the past year with a return of 155.8% compared to the Sensex's 7.36%, this does not mitigate the concerns regarding its current valuation.

How has been the historical performance of Magnus Steel?

Magnus Steel has shown significant growth, with net sales and total operating income rising to 3.19 Cr in March 2025, alongside an operating profit of 0.19 Cr and positive profits before and after tax. Despite this turnaround, the company still faces financial challenges with total liabilities of 1.45 Cr and negative reserves of -4.65 Cr.

Answer:<BR>The historical performance of Magnus Steel shows significant growth in net sales, with figures rising from 0.00 Cr in Mar'23 to 3.19 Cr in Mar'25. This growth is reflected in total operating income, which also increased from 0.00 Cr in Mar'23 to 3.19 Cr in Mar'25. The company has managed to achieve an operating profit (PBDIT) of 0.19 Cr in Mar'25, a notable improvement from losses in previous years. Profit before tax turned positive at 0.07 Cr in Mar'25, compared to losses in prior years, and profit after tax was recorded at 0.06 Cr. The earnings per share (EPS) improved to 0.1 in Mar'25, contrasting sharply with the negative EPS figures from previous years. <BR><BR>Breakdown:<BR>Magnus Steel's financial trajectory indicates a remarkable turnaround, particularly in the fiscal year ending March 2025, where net sales surged to 3.19 Cr from 0.00 Cr in prior years, marking the first significant revenue generation. This increase in sales translated into total operating income of 3.19 Cr, leading to an operating profit of 0.19 Cr, a significant recovery from the losses recorded in the previous four years. The company reported a profit before tax of 0.07 Cr and a profit after tax of 0.06 Cr, showcasing a positive shift in profitability. Additionally, the earnings per share rose to 0.1, reflecting improved financial health. Despite these gains, the company still faces challenges with total liabilities of 1.45 Cr and negative reserves of -4.65 Cr, indicating ongoing financial pressures. Overall, the data suggests that Magnus Steel is on a path of recovery and growth after years of stagnation.

What is the technical trend for Magnus Retail?

As of May 27, 2025, Magnus Retail's technical trend is mildly bullish, supported by positive MACD and RSI indicators, though caution is advised due to a mildly bearish KST and unclear momentum from Dow Theory and OBV.

As of 27 May 2025, the technical trend for Magnus Retail has changed from bullish to mildly bullish. The weekly and monthly MACD and RSI indicators remain bullish, supporting a positive outlook. However, the KST is mildly bearish on both weekly and monthly time frames, indicating some caution. The Bollinger Bands reflect a mildly bullish stance on both weekly and monthly charts. Moving averages on the daily chart are bullish, reinforcing the overall mildly bullish sentiment. Dow Theory and OBV show no clear trend, suggesting a lack of strong momentum. Overall, the current technical stance is mildly bullish, with strength primarily driven by the MACD and RSI indicators.