Mahamaya Steel Industries Ltd (MAHASTEEL) — shareholding pattern, promoter holding, financials and share price
About Mahamaya Steel Industries Ltd (MAHASTEEL)
Mahamaya Steel Industries Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as MAHASTEEL and on the BSE under scrip code 513554. Its ISIN is INE451L01014.
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]
Mahamaya Steel Industries Ltd., established in 1988, manufactures high-capacity steel structures like angles, beams, and railway sleepers. The company operates structural rolling mills with supportive steel melting shops.
Originally Rajesh Strips Ltd, the company expanded significantly post-1994 with upgraded facilities and increased production capabilities for steel structurals and strip coils.
Listed peers in Iron & Steel Products: Steel Exchange India Ltd, Bharat Wire Ropes Ltd, Electrotherm (India) Ltd, Aeroflex Enterprises Ltd, Manaksia Coated Metals & Industries Ltd, Ratnaveer Precision Engineering Ltd.
Valuation & Returns
10 Jul 2026At ₹865 a share on 10 Jul 2026, Mahamaya Steel Industries Ltd (MAHASTEEL) was valued at a price-to-earnings ratio of 148.08x against an industry P/E of 37x and a price-to-book of 9.54x on a book value of ₹90.65 per share as of Mar 2025. Solomo computes return on equity of 6.44% and return on capital employed of 9.21% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 148.08x
- Industry P/E
- 37x
- P/B
- 9.54x
- EPS (TTM)
- ₹5.84
- Book value / share
- ₹90.65
- ROE
- 6.44%
- ROCE
- 9.21%
- ROA
- 3.93%
- Debt / equity
- 0.31x
- Dividend yield
- 0%
- EBITDA margin
- 3.03%
- 52-week range
- ₹312.2 – ₹1,050
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Mahamaya Steel Industries Ltd (MAHASTEEL) reported revenue of ₹883 crore, net profit of ₹10 crore and earnings per share of ₹5.84. That compares with revenue of ₹802 crore and net profit of ₹8 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹263.12 crore and net profit ₹4.07 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 495 | 650 | 784 | 802 | 883 |
| Net profit (₹ cr) | 5 | 5 | 7 | 8 | 10 |
| EPS (₹) | 2.98 | 3.31 | 4.09 | 4.62 | 5.84 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 9.74% | 17.51% | 17.41% | 2.29% |
| Profit growth | - | 13.77% | 25.35% | 13.10% |
| Stock price CAGR | 19% | 57% | 131% | 133% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 72.8% of Mahamaya Steel Industries Ltd (MAHASTEEL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0% and domestic institutional investors (DII) hold 0%. Market capitalisation was ₹1,422 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: VIJAY RATHEE 4.96%, KULDIP SINGH RATHEE 4.31%, INVETSOR EDUCATION AND PROTECTION FUND 1.55%, PRASHANT P SAWANT 1.29%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 72.8% | - | 0% | 0% | 27.2% |
| Mar 2026 | 72.8% | - | 0.06% | 0% | 27.2% |
| Dec 2025 | 72.8% | - | 1.17% | 0% | 27.2% |
| Sep 2025 | 72.8% | - | 0.56% | 0% | 27.2% |
| Jun 2025 | 72.8% | - | 0.55% | 0% | 27.2% |
| Mar 2025 | 73.41% | - | 0.71% | 0% | 26.59% |
| Dec 2024 | 73.41% | - | 0.83% | 0% | 26.59% |
| Sep 2024 | 73.41% | - | 1.01% | 0% | 26.59% |