1,513.90
+3.74%
Close of 9 Nov 2026, in INR
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About Mahamaya Steel Industries
Its shares trade on NSE under the ticker MAHASTEEL.NS. It has been listed since 7 February 1994. In the fiscal year to 31 March 2026, it reported revenue of ₹8.83bn and net income of ₹96.0m. At that date it held total assets of ₹2.70bn and shareholders' equity of ₹1.59bn.
Mahamaya Steel Industries Ltd. engages in the manufacture and sale of steel products. The company is headquartered in Raipur, Chhattisgarh. The firm offers a range of products in the shape of angle, I-beam, joist, H-beam, channel, round, flat, railway sleepers, square, billet and bloom. The company has high-capacity structural rolling mills. The company manufactures about 600 millimeters (mm) joist and 250 mm angles. The Company’s product is used in the infrastructure of related projects, such as railways, power plants, dams, and bridges. The firm is engaged in running a heavy steel structural mill, steel melting shop and gas plant at Raipur, Chhattisgarh. Its heavy steel structural mill has an installed capacity of approximately 2,05,500 metric tons per annum (MTPA), a steel melting shop, which is over 2,00,000 tons per annum (TPA) and a gas plant, which is approximately 9,00,000 cubic meters.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 7 Feb 1994
- Employees
- 249
- Website
- mahamayagroup.in ↗
Leadership
Pay as last reported
- Mr. Suresh RamanChief Financial Officer, Executive Director, since 2016₹451,738
- Mrs. Jaswinder MissionCompliance Officer, Company Secretary₹1.0m
- Mr. Rajesh AgrawalManaging Director, Executive Director, since 2004₹7.2m
- Mrs. Rekha AgrawalExecutive Director, since 2014₹3.6m
- Mr. Rajesh LuniaNon-Executive Independent Director₹48,000
- Mrs. Vanitha RangaiahAdditional Non-Executive Independent Director₹52,500
- Mr. Uday SinghaniaNon-Executive Independent Director₹598,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Mahamaya Steel Industries Ltd. manufactures 600 mm joist and 250 mm angles with high-capacity structural rolling mills.
- The company operates a heavy steel structural mill with 2,05,500 MTPA capacity in Raipur, Chhattisgarh.
- Mahamaya Steel Industries Ltd. produces railway sleepers and other steel products for infrastructure projects like railways and bridges.
Weaknesses
- The company has a limited employee count of 249 full-time workers in Raipur, Chhattisgarh.
- Mahamaya Steel Industries Ltd. is listed since 7 February 1994, showing a long operational history.
- The firm's gas plant capacity is approximately 9,00,000 cubic meters, which may be insufficient for future growth.
Opportunities
- Mahamaya Steel Industries Ltd. can expand its product range to include more steel structural components for infrastructure projects.
- The company could leverage its 2,05,500 MTPA capacity to meet growing demand in the Metals & Mining sector.
- Raipur, Chhattisgarh, offers potential for new infrastructure projects that require steel products.
Threats
- The company faces competition from other steel manufacturers in the Materials sector in India.
- Mahamaya Steel Industries Ltd. must comply with evolving environmental regulations in the Metals & Mining industry.
- The firm's reliance on Raipur, Chhattisgarh, for its operations poses geographical risk.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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