# Mahamaya Steel Industries (NSE: MAHASTEEL) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/MAHASTEEL · Pivot · prices to 22 Oct 2026

Mahamaya Steel Industries (NSE: MAHASTEEL) closed at ₹1,397.10 on 22 Oct 2026, up 2.92% on the day. With a market capitalisation of ₹2,296 Cr, it ranks 1088th by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Metals & Mining sector; its industry is Steel.

At its last close the stock traded at 240.9× trailing earnings, against a return on equity of 5.5% in FY25. Over the past year the share price has risen 157.0%. Its 52-week range is ₹551.00 (23 Oct 2025) to ₹1,422.90 (22 Oct 2026); the last close is 1.8% below the high. In Q4 FY26, the quarter ended 31 Mar 2026, revenue was ₹263 Cr (+11.4% year on year) and net profit ₹4 Cr (−2.9%), on a consolidated basis. Promoters held 72.80% of the company as of 30 Jun 2026.

## Key numbers

| Metric | Value |
| --- | --- |
| Last close | ₹1,397.10 |
| Market cap | ₹2,296 Cr |
| P/E (trailing) | 240.9 |
| ROE | 5.5% (FY25) |
| ROCE | 7.3% (FY25) |
| Debt to equity | 0.28 |
| 52-week high | ₹1,422.90 (22 Oct 2026) |
| 52-week low | ₹551.00 (23 Oct 2025) |
| 1-year return | +157.0% |

## Quarterly results (₹ crore, consolidated)

| Quarter | Revenue | Revenue YoY | Net profit | Net profit YoY | EPS (₹) |
| --- | --- | --- | --- | --- | --- |
| Q4 FY26 | ₹263 Cr | +11.4% | ₹4 Cr | −2.9% | ₹2.48 |
| Q3 FY26 | ₹224 Cr | +12.2% | ₹2 Cr | +56.3% | ₹1.16 |
| Q2 FY26 | ₹189 Cr | +21.9% | ₹1 Cr | +566.7% | ₹1.15 |
| Q1 FY26 | ₹207 Cr | −1.9% | ₹2 Cr | +115.6% | ₹1.06 |
| Q4 FY25 | ₹236 Cr | +19.5% | ₹4 Cr | +336.5% | ₹3.29 |
| Q3 FY25 | ₹200 Cr | +10.9% | ₹1 Cr | −38.3% | ₹0.66 |
| Q2 FY25 | ₹155 Cr | −16.7% | ₹0 Cr | −80.7% | ₹0.14 |
| Q1 FY25 | ₹211 Cr | −4.2% | ₹1 Cr | −28.0% | ₹0.53 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY25 | ₹802 Cr | ₹6 Cr |
| FY24 | ₹784 Cr | ₹5 Cr |
| FY23 | ₹650 Cr | ₹4 Cr |
| FY22 | ₹495 Cr | ₹3 Cr |
| FY21 | ₹251 Cr | ₹1 Cr |
| FY20 | ₹358 Cr | ₹3 Cr |

## Shareholding (30 Jun 2026)

- Promoters: 72.80%
- Foreign institutions: 0.00%
- Domestic institutions: 0.00%
- Non-institutions: 27.19%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [Maithan Alloys](https://app.pivotnow.in/stock/MAITHANALL) | ₹817.50 | ₹2,380 Cr | 5.5 | — |
| [Ratnaveer Precision Engineering](https://app.pivotnow.in/stock/RATNAVEER) | ₹332.95 | ₹2,378 Cr | 30 | — |
| [Mukand](https://app.pivotnow.in/stock/MUKANDLTD) | ₹157.68 | ₹2,278 Cr | 3.8 | — |
| [Pennar Industries](https://app.pivotnow.in/stock/PENIND) | ₹160.87 | ₹2,171 Cr | 15.6 | — |
| [Belding India](https://app.pivotnow.in/stock/BELDING) | — | ₹2,026 Cr | — | — |
| [The Orissa Minerals Development Company](https://app.pivotnow.in/stock/ORISSAMINE) | ₹3,235.90 | ₹1,942 Cr | — | — |

## Questions and answers

### What is the share price of Mahamaya Steel Industries today?

Mahamaya Steel Industries (NSE: MAHASTEEL) last closed at ₹1,397.10 on 22 Oct 2026. Its 52-week high is ₹1,422.90 and its 52-week low is ₹551.00.

### What is the market cap of Mahamaya Steel Industries?

Mahamaya Steel Industries' market capitalisation is ₹2,296 Cr (₹2,296 Cr) at the 22 Oct 2026 close, ranking 1088th among the NSE companies Pivot tracks.

### What is the P/E ratio of Mahamaya Steel Industries?

Mahamaya Steel Industries trades at a trailing P/E of 240.9. The median P/E of the 4 closest Metals & Mining peers by market cap is 15.6.

### What is the ROE and ROCE of Mahamaya Steel Industries?

Return on equity was 5.5% in FY25 and return on capital employed was 7.3% in FY25 (consolidated figures).

### Is Mahamaya Steel Industries a debt-free company?

No. Mahamaya Steel Industries' debt-to-equity ratio was 0.28 in FY25, with total debt of ₹2 Cr.

### What were Mahamaya Steel Industries' latest quarterly results?

For Q4 FY26 (quarter ended 31 Mar 2026), Mahamaya Steel Industries reported revenue of ₹263 Cr, +11.4% year on year, and net profit of ₹4 Cr, −2.9% year on year.

### How has Mahamaya Steel Industries stock performed over the last year?

Mahamaya Steel Industries' share price has risen 157.0% over the past year, +77.3% over three months and +28.2% over one month, to the 22 Oct 2026 close.

### What is the shareholding pattern of Mahamaya Steel Industries?

As of 30 Jun 2026: promoters 72.80%, foreign institutions 0.00%, domestic institutions 0.00%, non-institutions 27.19%.

### Who are Mahamaya Steel Industries' competitors?

The listed Metals & Mining companies closest to Mahamaya Steel Industries by market cap are Maithan Alloys, Ratnaveer Precision Engineering, Mukand, Pennar Industries, Belding India and The Orissa Minerals Development Company.

### Is Mahamaya Steel Industries a good stock to buy?

Pivot does not give buy or sell recommendations. This page sets out Mahamaya Steel Industries' price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on MAHASTEEL against its own history before risking money. This is analysis, not financial advice.

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Sources: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.
