Mahamaya Steel

Why is Mahamaya Steel Industries Ltd falling/rising?

As of 14-Jul, Mahamaya Steel Industries Ltd's stock is experiencing a decline of 2.84% after a trend reversal, despite a strong long-term performance with a 131.88% increase over the past year. The stock is currently underperforming compared to the benchmark Sensex and is influenced by recent market sentiment and sector trends.

As of 14-Jul, Mahamaya Steel Industries Ltd's stock price is currently falling, with a change of -24.85, representing a decrease of 2.84%. This decline follows a trend reversal after five consecutive days of gains. The stock reached an intraday low of Rs 845.1, which is a drop of 3.51% from its previous levels.<BR><BR>Despite this recent downturn, the stock has shown strong performance over the longer term, with a remarkable increase of 131.88% over the past year and an impressive 1105.72% rise over the past three years. However, in the shorter term, the stock has underperformed compared to the benchmark Sensex, with a year-to-date decline of 14.70% against the Sensex's decline of 9.58%.<BR><BR>Today's performance indicates that while the stock has outperformed its sector by 0.42%, the overall trend in the metal sector, specifically ferrous metals, has seen a decline of 2.15%. Additionally, the stock is trading above its moving averages for various periods, which typically suggests a bullish trend, yet the recent price drop indicates a shift in market sentiment.<BR><BR>Investor participation has increased, with a delivery volume rise of 64.25% compared to the five-day average, suggesting that while there is interest in the stock, the current market conditions are leading to a price decline. Overall, the combination of sector performance, recent price movements, and market sentiment contributes to the current falling price of Mahamaya Steel Industries Ltd.

Which are the latest news on Mahamaya Steel?

How big is Mahamaya Steel?

As of 10th June, Mahamaya Steel Industries Ltd has a market capitalization of 1,504.00 Cr, with recent net sales of 882.85 Cr and a net profit of 9.60 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Mahamaya Steel Industries Ltd has a market capitalization of 1,504.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 882.85 Cr, while the sum of Net Profit for the same period is 9.60 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025, with Shareholder's Funds amounting to 148.98 Cr and Total Assets valued at 244.10 Cr.

Who are in the management team of Mahamaya Steel?

The management team of Mahamaya Steel consists of Rajesh Agrawal (Managing Director), Jaswinder Kaur Mission (Company Secretary & Compliance Officer), Rekha Agrawal (Director), Suresh Raman (Executive Director & CFO), and independent directors Udayraj Singhania, Rajesh Lunia, and Vanitha Rangaiah.

The management team of Mahamaya Steel includes the following individuals:<BR><BR>1. **Rajesh Agrawal** - Managing Director<BR>2. **Jaswinder Kaur Mission** - Company Secretary & Compliance Officer<BR>3. **Rekha Agrawal** - Director<BR>4. **Suresh Raman** - Executive Director & Chief Financial Officer (CFO)<BR>5. **Udayraj Singhania** - Independent Director<BR>6. **Rajesh Lunia** - Independent Director<BR>7. **Vanitha Rangaiah** - Independent Director<BR><BR>If you need more details about their roles or responsibilities, feel free to ask!

Who are the peers of the Mahamaya Steel?

Mahamaya Steel's peers include Vardhman Special, Rhetan TMT Ltd, and others, with varying management risks and growth rates. Mahamaya Steel leads with a 1-year return of 183.44%, while Bharat Wire has the lowest return at -5.92%.

Peers: The peers of Mahamaya Steel are Vardhman Special, Rhetan TMT Ltd, MSP Steel & Pow., Hi-Tech Pipes, Electrotherm(I), Steel Exchange, Bharat Wire, Hariom Pipe, Aeroflex Enter., and BMW Industries.<BR><BR>Quality Snapshot: Good management risk is observed at Vardhman Special and Hi-Tech Pipes, while Average management risk is found at Hariom Pipe and Aeroflex Enter., and the rest have Below Average management risk. Growth is Excellent at Hariom Pipe, Good at Rhetan TMT Ltd and Aeroflex Enter., Average at Hi-Tech Pipes, and the rest have Below Average growth. Good capital structure is noted at Vardhman Special and Bharat Wire, Average at Mahamaya Steel and Hi-Tech Pipes, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: Mahamaya Steel has a 1-year return of 183.44%, which is the highest among its peers, while Bharat Wire has the lowest at -5.92%. Additionally, Steel Exchange and Bharat Wire have negative six-month returns.

What does Mahamaya Steel do?

Mahamaya Steel Industries Ltd is a micro-cap company established in 1988, specializing in manufacturing steel structures. As of March 2026, it reported net sales of ₹263 crore and a net profit of ₹4 crore, with a market cap of ₹1,504 crore.

Overview:<BR>Mahamaya Steel Industries Ltd is a micro-cap company operating in the Iron & Steel Products industry, specializing in the manufacturing of various steel structures.<BR><BR>History:<BR>Mahamaya Steel Industries Ltd was established in May 1988, originally named Rajesh Strips Limited, and underwent a name change in the 2008-09 period. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 263 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 4 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 1,504 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 165.00 <BR>Industry P/E: 94 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.36 <BR>Return on Equity: 5.73% <BR>Price to Book: 9.54 <BR><BR>Contact Details:<BR>Address: B-8-9 Sector-C Urla, Industrial Area Sarora Raipur Chattisgarh : 493221 <BR>Tel: 91-0771-4006666 <BR>Email: csmahamaya@gmail.com <BR>Website: http://www.mahamayagroup.in

Should I buy, sell or hold Mahamaya Steel Industries Ltd?

Are Mahamaya Steel Industries Ltd latest results good or bad?

Mahamaya Steel Industries Ltd's latest results show strong revenue growth and a significant increase in net profit, but concerns remain due to low profitability margins, indicating a mixed performance overall.

Mahamaya Steel Industries Ltd's latest results present a mixed picture. In the fourth quarter of FY26, the company reported a net profit of ₹4.07 crores, which is a significant increase of 113.09% compared to the previous quarter. This indicates a strong sequential recovery in profitability. Additionally, revenue reached an all-time quarterly high of ₹263.12 crores, reflecting a 17.41% increase quarter-on-quarter and an 11.41% increase year-on-year.<BR><BR>However, despite these positive trends in revenue and net profit, there are notable concerns regarding profitability margins. The operating margin for Q4 FY26 was just 2.98%, which, while improved from the previous quarter, remains below the 3.26% achieved in the same quarter last year. The profit after tax (PAT) margin also saw a decline year-on-year, standing at 1.55%, down from 2.29% in Q4 FY25.<BR><BR>Overall, while the quarterly results show operational recovery and strong revenue growth, the ongoing challenges with profitability and thin margins suggest that the company is still navigating a difficult environment. This mixed performance indicates that while there are positive signs, significant concerns remain about the sustainability of these gains in the context of the broader market and operational challenges.

How has been the historical performance of Mahamaya Steel?

Mahamaya Steel has shown consistent financial growth, with net sales increasing from 649.77 Cr in March 2023 to 801.76 Cr in March 2025, alongside rising profits and improved earnings per share, indicating a strong market position.

Answer:<BR>The historical performance of Mahamaya Steel shows a steady increase in net sales and profit over the years, with net sales reaching 801.76 Cr in March 2025, up from 783.83 Cr in March 2024 and significantly higher than 649.77 Cr in March 2023. The total operating income followed a similar trend, rising to 801.76 Cr in March 2025. Operating profit (PBDIT) also improved, reaching 19.94 Cr in March 2025, compared to 17.73 Cr in March 2024. Profit before tax increased to 8.65 Cr in March 2025, up from 6.72 Cr in the previous year, and profit after tax rose to 6.20 Cr from 4.79 Cr. The earnings per share (EPS) also saw growth, reaching 4.63 in March 2025, compared to 4.09 in March 2024.<BR><BR>Breakdown:<BR>Mahamaya Steel's financial performance has shown consistent growth over the years, particularly in net sales, which increased from 250.91 Cr in March 2021 to 801.76 Cr in March 2025. This upward trend in sales is mirrored by total operating income, which also rose significantly over the same period. The company's operating profit (PBDIT) has fluctuated but ultimately increased to 19.94 Cr in March 2025, indicating improved operational efficiency. Profit before tax and profit after tax have both seen substantial increases, with profit after tax reaching 6.20 Cr in March 2025, reflecting a positive trajectory in profitability. The earnings per share have also improved, suggesting enhanced shareholder value. Overall, Mahamaya Steel has demonstrated a solid financial performance with increasing revenues and profits, positioning itself favorably in the market.

When is the next results date for Mahamaya Steel?

The next results date for Mahamaya Steel is 13 November 2025.

The next results date for Mahamaya Steel is scheduled for 13 November 2025.

Is Mahamaya Steel technically bullish or bearish?

As of September 23, 2025, Mahamaya Steel's trend is bullish with strong indicators, though caution is advised due to a bearish monthly RSI and mixed short-term signals.

As of 23 September 2025, the technical trend for Mahamaya Steel has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The weekly MACD is bullish, and the daily moving averages also indicate bullish momentum. Additionally, the Bollinger Bands on both weekly and monthly time frames are bullish. However, the monthly RSI shows a bearish signal, which suggests some caution. The KST is mildly bearish on the weekly but bullish on the monthly, indicating mixed signals in the short term. Overall, the strength of the bullish trend is reinforced by the strong performance in returns compared to the Sensex, particularly over the year and three-year periods.

Who are the top shareholders of the Mahamaya Steel?

The top shareholders of Mahamaya Steel include Escort Finvest Private Limited with 24.95%, two Foreign Institutional Investors holding 0.71%, and individual shareholder Snehalata Paras Chaplot with 1.32%. Overall, individual investors own 20.98% of the shares, while no mutual funds currently hold shares in the company.

The top shareholders of Mahamaya Steel include the promoters, who hold the majority of the shares. The promoter with the highest holding is Escort Finvest Private Limited, which owns 24.95% of the company. Additionally, there are two Foreign Institutional Investors (FIIs) that collectively hold 0.71%. On the public side, the highest individual shareholder is Snehalata Paras Chaplot, with a holding of 1.32%. Individual investors collectively hold 20.98% of the shares. There are currently no mutual funds holding shares in the company.

Is Mahamaya Steel overvalued or undervalued?

As of September 27, 2024, Mahamaya Steel is considered very expensive with a PE ratio of 67.89, significantly higher than industry norms, although it has outperformed the Sensex with a return of 201.85% over the past year.

As of 27 September 2024, Mahamaya Steel's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently assessed as overvalued, with a PE ratio of 67.89, an EV to EBITDA of 29.02, and a PEG ratio of 2.66, all of which are considerably higher than industry norms. <BR><BR>In comparison with peers, Mahamaya Steel's ratios stand out, especially against National Standard, which has an astronomical PE ratio of 443.53, and Sarthak Metals, which has a PE of 42.28. This suggests that while Mahamaya Steel is overvalued, it is not the most extreme case in its competitive landscape. Notably, the company's stock has outperformed the Sensex significantly over the past year, with a return of 201.85% compared to the Sensex's 7.61%, reinforcing the notion of speculative interest despite its high valuation metrics.

Has Mahamaya Steel declared dividend?

Mahamaya Steel has declared a 5% dividend, but the dividend yield is 0% as no dividends have been distributed in recent years. The company has shown strong price performance, with total returns of 45.6% over the last 6 months and 202.68% over the past year.

Mahamaya Steel has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Ex-date: 08 Sep 10<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, Mahamaya Steel experienced a price return of 45.6%, with no dividend return, resulting in a total return of 45.6%.<BR><BR>Over the past year, the company achieved a price return of 202.68%, with no dividend return, leading to a total return of 202.68%.<BR><BR>In the 2-year period, Mahamaya Steel had a price return of 348.15%, with no dividend return, resulting in a total return of 348.15%.<BR><BR>For the last 3 years, the price return was 354.36%, with no dividend return, yielding a total return of 354.36%.<BR><BR>In the 4-year period, the company saw a price return of 228.59%, with no dividend return, culminating in a total return of 228.59%.<BR><BR>Finally, over the past 5 years, Mahamaya Steel recorded a price return of 236.01%, with no dividend return, resulting in a total return of 236.01%.<BR><BR>Overall, while Mahamaya Steel has declared a dividend, the dividend yield remains at 0%, indicating that the company has not distributed dividends in recent years. However, the total returns across various periods demonstrate strong price performance.