MAHAMAYA STEEL INDS LTD (MAHASTEEL) financials

MAHAMAYA STEEL INDS LTD (MAHASTEEL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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]

Market Cap: ₹2,416Cr.
Current Price: ₹1,470
Stock P/E: 263
ROE: 5.47%
ROCE: 8.40%
Book Value: ₹90.1
Dividend Yield: 0.00%
52W High / Low: ₹1,488/556

In Jun 2026, MAHAMAYA STEEL INDS LTD (MAHASTEEL) reported sales ₹267.63 Cr and net profit ₹2.14 Cr.

Annual TTM: sales ₹943 Cr, net profit ₹9 Cr.

Shareholding: Promoters 72.81% (Sep 2026), FIIs 0.10% (Sep 2026), Public 27.11% (Sep 2026), No. of Shareholders 6,116% (Sep 2026).

MAHASTEEL quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	154.74	199.83	236.17	207.05	188.57	224.11	263.12	267.63
Expenses	151.81	195.77	228.46	202.17	183.50	218.25	255.28	261.86
Operating Profit	2.93	4.06	7.71	4.88	5.07	5.86	7.84	5.77
OPM %	1.89%	2.03%	3.26%	2.36%	2.69%	2.61%	2.98%	2.16%
Other Income	0.41	0.20	1.05	0.71	0.21	0.10	1.24	0.12
Interest	1.00	0.72	1.09	1.19	1.15	1.51	1.16	0.69
Depreciation	1.92	2.04	2.02	2.15	2.21	2.20	2.26	2.31
Profit before tax	0.42	1.50	5.65	2.25	1.92	2.25	5.66	2.89
Tax %	52.38%	31.33%	25.66%	26.67%	27.08%	28.44%	28.27%	25.95%
Net Profit	0.21	1.03	4.19	1.66	1.40	1.61	4.07	2.14
EPS in Rs	0.13	0.63	2.55	1.01	0.85	0.98	2.48	1.30
Raw PDF	—	—	—	—	—	—	—	—

MAHASTEEL profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	358	251	495	650	784	802	883	943
Expenses	342	238	480	636	768	783	859	919
Operating Profit	16	13	15	14	16	19	24	25
OPM %	4.4%	5%	3.1%	2.1%	2.1%	2.3%	2.7%	2.6%
Other Income	1	0	0	2	3	2	2	2
Interest	9	6	5	3	5	4	5	5
Depreciation	6	6	6	6	7	8	9	9
Profit before tax	1	1	5	6	7	9	12	13
Tax %	-164%	56%	36%	31%	29%	28%	28%	—
Net Profit	3	1	3	4	5	6	9	9
EPS in Rs	2.39	0.37	1.92	2.54	2.91	3.77	5.32	5.61
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	—

MAHASTEEL balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	14	14	15	16	16	16	16	16
Reserves	78	82	93	107	111	116	123	132
Borrowings	101	79	81	45	43	41	46	58
Other Liabilities	41	34	32	31	47	51	49	53
Total Liabilities	234	208	221	200	218	225	234	260
Fixed Assets	66	63	61	60	65	69	70	73
CWIP	0	0	0	0	0	0	0	0
Investments	28	28	28	26	24	18	18	18
Other Assets	140	117	133	115	130	139	146	169
Total Assets	234	208	221	200	218	225	234	260

MAHASTEEL cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	18	35	-4	44	2	14	9	8
Cash from Investing Activity	-7	-3	1	-5	-11	-6	-11	-15
Cash from Financing Activity	-11	-31	5	-26	-5	-8	1	7
Net Cash Flow	-1	1	2	13	-15	1	-1	-1
Free Cash Flow	15	31	-7	39	-9	5	-0	-3
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	84%	227%	-25%	306%	24%	103%	60%	47%

MAHASTEEL shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	73.41%	73.41%	72.81%	72.81%	72.81%	72.81%	72.81%	72.81%
FIIs	0.83%	0.71%	0.55%	0.56%	1.17%	0.06%	0.00%	0.10%
Public	25.75%	25.88%	26.65%	26.64%	26.03%	27.14%	27.19%	27.11%
No. of Shareholders	7,603	7,211	6,868	6,933	7,167	6,503	6,185	6,116

MAHASTEEL key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	14	17	29	16	10	7	11	7
Inventory Days	83	86	130	42	55	49	45	58
Days Payable	19	24	28	5	12	8	14	13
Cash Conversion Cycle	78	79	131	52	52	48	43	53
Working Capital Days	17	20	59	27	26	21	17	16
ROCE %	10%	6%	4%	6%	5%	6%	7%	8%

MAHASTEELUpdated 23 Oct 2026, 11:11

Mahamaya Steel Inds Ltd

MAHASTEELUpdated 23 Oct 2026, 11:11

Market Cap

₹2,416Cr.

Current Price

₹1,470

High / Low

₹1,488/556

Stock P/E

263

Book Value₹90.1

Dividend Yield0.00%

ROCE8.40%

ROE5.47%

Face Value₹10.0

About

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]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	220.2	1.42	215.77	0.22	1.73	1.5	28.67	1.07	0.65
Sep 2023	185.77	0.95	181.63	0.1	1.76	1.53	28.76	1.09	0.66
Dec 2023	180.24	1.51	175.82	1.13	1.77	2.27	26.43	1.67	1.02
Mar 2024	197.62	1.27	194.29	1.11	1.74	1.43	32.87	0.96	0.58
Jun 2024	211.03	1.08	207.01	0.03	1.88	1.09	29.36	0.77	0.47
Sep 2024	154.74	1	151.81	0.41	1.92	0.42	52.38	0.21	0.13
Dec 2024	199.83	0.72	195.77	0.2	2.04	1.5	31.33	1.03	0.63
Mar 2025	236.17	1.09	228.46	1.05	2.02	5.65	25.66	4.19	2.55
Jun 2025	207.05	1.19	202.17	0.71	2.15	2.25	26.67	1.66	1.01
Sep 2025	188.57	1.15	183.5	0.21	2.21	1.92	27.08	1.4	0.85
Dec 2025	224.11	1.51	218.25	0.1	2.2	2.25	28.44	1.61	0.98
Mar 2026	263.12	1.16	255.28	1.24	2.26	5.66	28.27	4.07	2.48
Jun 2026	267.63	0.69	261.86	0.12	2.31	2.89	25.95	2.14	1.3

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	291	8	275	1	7	3	35	2	1.56
Mar 2016	317	9	316	3	7	-12	27	-15	-11.24
Mar 2017	254	11	238	4	6	3	12	3	1.87
Mar 2018	297	12	276	2	7	4	42	3	1.86
Mar 2019	465	11	443	2	6	7	15	6	4.5
Mar 2020	358	9	342	1	6	1	-164	3	2.39
Mar 2021	251	6	238	0	6	1	56	1	0.37
Mar 2022	495	5	480	0	6	5	36	3	1.92
Mar 2023	650	3	636	2	6	6	31	4	2.54
Mar 2024	784	5	768	3	7	7	29	5	2.91
Mar 2025	802	4	783	2	8	9	28	6	3.77
Mar 2026	883	5	859	2	9	12	28	9	5.32
TTM	943	5	919	2	9	13	—	9	5.61

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	72.81%
FIIs	0.1%
Public	27.11%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	73.41%	0.04%	—	26.54%
Mar 2024	73.41%	0%	—	26.59%
Jun 2024	73.41%	0.11%	—	26.49%
Sep 2024	73.41%	1.01%	—	25.59%
Dec 2024	73.41%	0.83%	—	25.75%
Mar 2025	73.41%	0.71%	—	25.88%
Jun 2025	72.81%	0.55%	—	26.65%
Sep 2025	72.81%	0.56%	—	26.64%
Dec 2025	72.81%	1.17%	—	26.03%
Mar 2026	72.81%	0.06%	—	27.14%
Jun 2026	72.81%	0%	—	27.19%
Sep 2026	72.81%	0.1%	—	27.11%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	14	79	102	25	219	76	0	15	128	219
Mar 2016	14	64	103	30	210	69	2	30	110	210
Mar 2017	14	70	94	30	207	74	0	28	105	207
Mar 2018	14	72	101	40	227	69	0	28	131	227
Mar 2019	14	78	101	41	234	66	0	28	140	234
Mar 2020	14	82	79	34	208	63	0	28	117	208
Mar 2021	15	93	81	32	221	61	0	28	133	221
Mar 2022	16	107	45	31	200	60	0	26	115	200
Mar 2023	16	111	43	47	218	65	0	24	130	218
Mar 2024	16	116	41	51	225	69	0	18	139	225
Mar 2025	16	123	46	49	234	70	0	18	146	234
Mar 2026	16	132	58	53	260	73	0	18	169	260

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	11	-13	5	3
Mar 2016	25	-16	-10	-1
Mar 2017	15	0	-16	0
Mar 2018	3	1	-4	1
Mar 2019	18	-7	-11	-1
Mar 2020	35	-3	-31	1
Mar 2021	-4	1	5	2
Mar 2022	44	-5	-26	13
Mar 2023	2	-11	-5	-15
Mar 2024	14	-6	-8	1
Mar 2025	9	-11	1	-1
Mar 2026	8	-15	7	-1

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	48	49	39	29	14	17	29	16	10	7	11	7
Inventory Days	77	56	81	94	83	86	130	42	55	49	45	58
Days Payable	7	10	3	34	19	24	28	5	12	8	14	13
Cash Conversion Cycle	118	94	116	89	78	79	131	52	52	48	43	53
Working Capital Days	27	0	12	23	17	20	59	27	26	21	17	16
ROCE %	6%	-2%	7%	9%	10%	6%	4%	6%	5%	6%	7%	8%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of MAHAMAYA STEEL INDS LTD (MAHASTEEL)?

The reported market capitalisation for MAHAMAYA STEEL INDS LTD (MAHASTEEL) is ₹2,416Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of MAHASTEEL?

The current price shown for MAHAMAYA STEEL INDS LTD (MAHASTEEL) on Fincrux is ₹1,470 with a 52-week high/low of ₹1,488/556.

What is the P/E ratio of MAHAMAYA STEEL INDS LTD (MAHASTEEL)?

The stock P/E for MAHAMAYA STEEL INDS LTD (MAHASTEEL) is 263 on Fincrux, with ROE at 5.47% and ROCE at 8.40%.

What were MAHASTEEL latest quarterly results?

For Jun 2026, MAHAMAYA STEEL INDS LTD (MAHASTEEL) reported sales ₹267.63 Cr and net profit ₹2.14 Cr (figures in ₹ crore unless noted).

What are MAHASTEEL annual sales and net profit?

For TTM, MAHAMAYA STEEL INDS LTD (MAHASTEEL) shows sales of ₹943 Cr and net profit of ₹9 Cr on the Fincrux profit & loss statement.

Who owns MAHAMAYA STEEL INDS LTD (MAHASTEEL)?

Latest shareholding for MAHAMAYA STEEL INDS LTD (MAHASTEEL) on Fincrux: Promoters 72.81% (Sep 2026), FIIs 0.10% (Sep 2026), Public 27.11% (Sep 2026), No. of Shareholders 6,116% (Sep 2026).

Where can I find MAHAMAYA STEEL INDS LTD (MAHASTEEL) financials?

MAHAMAYA STEEL INDS LTD (MAHASTEEL) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show MAHASTEEL balance sheet and cash flow?

Yes. The MAHAMAYA STEEL INDS LTD (MAHASTEEL) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 23 October 2026 at 11:11