Arthneeti

Mahamaya Steel Industries Share Price & Earnings Call Analysis

₹1,465.20+0.90% today
Market cap
₹2,408 Cr
P/E
242.01
ROE
5.67%
PEG
11.44
Price to sales
2.55
Debt to equity
0.37
52W high / low
₹1,534 / ₹602
Sales growth (5Y)
28.61%
EBITDA margin
2.60%
Net profit margin
0.99%
Promoter holding
72.81%
Sales (last year)
₹943 Cr

Incorporated in 1988, Mahamaya Steel Industries Ltd does manufacturing steel structures in the shape of Angles, Beams, Joist, Channels, Rounds, Flats, Railway sleepers, etc.[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Industrial Products
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Mahamaya Steel rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Industrial Products companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹448 Cr17.9
240%+Up 2%+₹413 Cr12.0
340%+Up 2%+₹324 Cr22.7
440%+Up 0–2%₹1,496 Cr32.8
540%+Up 0–2%₹1,079 Cr12.7
640%+Flat₹827 Cr21.4

Sign up free to see every company in the sector ranking and track Mahamaya Steel.

Pro shows every company guiding 40%+ revenue growth →Full Industrial Products ranking

Financials of Mahamaya Steel

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Mahamaya Steel

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +188.38220.20185.77180.24197.62211.03154.74199.83236.17207.05188.57224.11263.12
Expenses +185.16215.77181.63175.81194.30207.00151.81195.77228.46202.16183.50218.26255.28
Operating Profit3.224.434.144.433.324.032.934.067.714.895.075.857.84
OPM %1.71%2.01%2.23%2.46%1.68%1.91%1.89%2.03%3.26%2.36%2.69%2.61%2.98%
Other Income +1.260.810.561.541.580.130.430.262.260.780.690.401.25
Interest1.341.420.951.511.271.081.000.721.091.191.151.511.16
Depreciation1.471.731.761.771.741.881.922.042.022.152.212.202.26
Profit before tax1.672.091.992.691.891.200.441.566.862.332.402.545.67
Tax %27.54%20.57%22.11%22.30%24.87%26.67%50.00%30.13%21.14%25.75%21.67%25.20%28.22%
Net Profit +1.221.661.552.081.430.870.231.095.411.741.881.914.07
EPS in Rs0.741.010.941.270.870.530.140.663.291.061.141.162.48

Financials of Mahamaya Steel

Profit & Loss

Annual income statement trend

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +317254297465358251495650784802883
Expenses +316238276443343238480636768783859
Operating Profit116212215131514161924
OPM %0%6%7%5%4%5%3%2%2%2%3%
Other Income +32221123433
Interest91112119653545
Depreciation76766666789
Profit before tax-12147027791013
Tax %27%-63%44%16%-505%45%27%25%22%24%26%
Net Profit +-1512621557810
EPS in Rs-11.240.911.744.321.780.602.983.314.094.625.84
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%

Financials of Mahamaya Steel

Balance Sheet

Capital structure and asset base

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1414141414151616161616
Reserves687476828597112118125133142
Borrowings +1039410110179814543414658
Other Liabilities +3029404134323147514953
Total Liabilities214211231238211224205225233244270
Fixed Assets +6974696663616065697073
CWIP20000000000
Investments3332323231313130262728
Other Assets +110105131140117133115130139146169
Total Assets214211231238211224205225233244270

Financials of Mahamaya Steel

Cash Flows

Operating, investing and financing cash movement

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +251331835-44421498
Cash from Investing Activity +-1621-7-31-5-11-6-11-15
Cash from Financing Activity +-10-16-4-11-315-26-5-817
Net Cash Flow-1-01-11213-151-1-1
Free Cash Flow23511531-739-95-0-3
CFO/OP1,702%83%18%85%239%-25%306%24%103%60%47%

Financials of Mahamaya Steel

Ratios

Working capital efficiency and return ratios

Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days49392914172916107117
Inventory Days56819483861304255494558
Days Payable1033419242851281413
Cash Conversion Cycle941168978791315252484353
Working Capital Days012231720592726211716
ROCE %5%8%9%5%4%6%6%7%7%8%
95out of 100

Momentum score · price trend

95 out of 100 — Strengthening

Over the past year its share price has done better than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+136.4%96%
Last 6 months+72.9%94%
Last 3 months+41.4%96%
How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Mahamaya Steel: 0.4 × 96 + 0.4 × 94 + 0.2 × 96 = 95.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

Others in Industrial Products this season

  • Cosmo First (Q2 FY27)

    Q2 FY27 Net Revenue: ₹1,388 Cr, +51% YoY (vs ₹919 Cr in Q2 FY26) [Page 10, 3] . Key investor presentation takeaways from Cosmo First Ltd's Q2 FY27 investor pres

  • Inox India Ltd (Q2 FY27)

    Q2 FY27 revenue: ₹467 Cr, up 26.6% YoY from ₹369 Cr in Q2 FY26 (Page 20). Key investor presentation takeaways from Inox India Ltd's Q2 FY27 investor presentatio

  • Subros Ltd (Q2 FY27)

    1,198.90 Cr. Key investor presentation takeaways from Subros Ltd's Q2 FY27 investor presentation — and how it ranks against sector peers.

  • Graphite India (Q2 FY27)

    826 Crores, up 13.3% year-on-year (YoY) (Page 4, 9, 14) . Key investor presentation takeaways from Graphite India Ltd's Q2 FY27 investor presentation — and how

Compare:vs Cummins Indiavs Polycab Indiavs Welspun Corp Ltd