Share Price and Basic Stock Data

Last Updated: November 27, 2024, 9:35 pm

Market Cap	352 Cr.
Current Price	215
High / Low	233/76.2
Stock P/E	97.3
Book Value	86.6
Dividend Yield	0.00 %
ROCE	7.04 %
ROE	4.24 %
Face Value	10.0
PEG Ratio	2.25

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Mahamaya Steel Industries Ltd

Competitors of Mahamaya Steel Industries Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Heera Ispat Ltd	4.47 Cr.	7.60	12.2/5.70		0.20	0.00 %	150 %	%	10.0
Pennar Industries Ltd	2,704 Cr.	201	215/106	25.2	69.0	0.00 %	15.7 %	11.8 %	5.00
Mahamaya Steel Industries Ltd	352 Cr.	215	233/76.2	97.3	86.6	0.00 %	7.04 %	4.24 %	10.0
Industry Average	1,528.00 Cr	141.20		61.25	51.93	0.00%	57.58%	8.02%	8.33

All Competitor Stocks of Mahamaya Steel Industries Ltd

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	91.18	124.99	137.33	141.82	144.79	164.16	152.44	188.38	220.20	185.77	180.24	197.62	211.03
Expenses	87.51	121.50	132.98	137.91	141.13	161.18	148.50	185.16	215.77	181.63	175.81	194.30	207.00
Operating Profit	3.67	3.49	4.35	3.91	3.66	2.98	3.94	3.22	4.43	4.14	4.43	3.32	4.03
OPM %	4.03%	2.79%	3.17%	2.76%	2.53%	1.82%	2.58%	1.71%	2.01%	2.23%	2.46%	1.68%	1.91%
Other Income	0.04	0.03	1.01	1.14	0.02	1.01	0.69	1.26	0.81	0.56	1.54	1.58	0.13
Interest	1.53	0.98	1.35	1.17	0.56	0.50	0.80	1.34	1.42	0.95	1.51	1.27	1.08
Depreciation	1.41	1.48	1.52	1.52	1.53	1.62	1.67	1.47	1.73	1.76	1.77	1.74	1.88
Profit before tax	0.77	1.06	2.49	2.36	1.59	1.87	2.16	1.67	2.09	1.99	2.69	1.89	1.20
Tax %	37.66%	34.91%	20.08%	26.27%	28.30%	26.20%	20.83%	27.54%	20.57%	22.11%	22.30%	24.87%	26.67%
Net Profit	0.47	0.70	1.98	1.75	1.14	1.38	1.71	1.22	1.66	1.55	2.08	1.43	0.87
EPS in Rs	0.32	0.47	1.34	1.06	0.69	0.84	1.04	0.74	1.01	0.94	1.27	0.87	0.53

Last Updated: September 28, 2024, 5:31 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 28, 2024, 5:31 pm

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	317	254	297	465	358	251	495	650	784	775
Expenses	316	238	276	443	343	238	480	636	768	759
Operating Profit	1	16	21	22	15	13	15	14	16	16
OPM %	0%	6%	7%	5%	4%	5%	3%	2%	2%	2%
Other Income	3	2	2	2	1	1	2	3	4	4
Interest	9	11	12	11	9	6	5	3	5	5
Depreciation	7	6	7	6	6	6	6	6	7	7
Profit before tax	-12	1	4	7	0	2	7	7	9	8
Tax %	27%	-63%	44%	16%	-505%	45%	27%	25%	22%
Net Profit	-15	1	2	6	2	1	5	5	7	6
EPS in Rs	-11.24	0.91	1.74	4.32	1.78	0.60	2.98	3.31	4.09	3.61
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	106.67%	100.00%	200.00%	-66.67%	-50.00%	400.00%	0.00%	40.00%
Change in YoY Net Profit Growth (%)	0.00%	-6.67%	100.00%	-266.67%	16.67%	450.00%	-400.00%	40.00%

Mahamaya Steel Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2016-2017 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	11%
3 Years:	46%
TTM:	0%

Compounded Profit Growth
10 Years:	%
5 Years:	0%
3 Years:	91%
TTM:	-41%

Stock Price CAGR
10 Years:	22%
5 Years:	9%
3 Years:	38%
1 Year:	181%

Return on Equity
10 Years:	%
5 Years:	3%
3 Years:	4%
Last Year:	4%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 8:35 pm

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	14	14	14	14	14	15	16	16	16	16
Reserves	68	74	76	82	85	97	112	118	125	126
Borrowings	103	94	101	101	79	81	45	43	41	34
Other Liabilities	30	29	40	41	34	32	31	47	51	44
Total Liabilities	214	211	231	238	211	224	205	225	233	220
Fixed Assets	69	74	69	66	63	61	60	65	69	70
CWIP	2	0	0	0	0	0	0	0	0	0
Investments	33	32	32	32	31	31	31	30	26	26
Other Assets	110	105	131	140	117	133	115	130	139	124
Total Assets	214	211	231	238	211	224	205	225	233	220

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	25	13	3	18	35	-4	44	2	14
Cash from Investing Activity +	-16	2	1	-7	-3	1	-5	-11	-6
Cash from Financing Activity +	-10	-16	-4	-11	-31	5	-26	-5	-8
Net Cash Flow	-1	-0	1	-1	1	2	13	-15	1

Free Cash Flow

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-102.00	-78.00	-80.00	-79.00	-64.00	-68.00	-30.00	-29.00	-25.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	49	39	29	14	17	29	16	10	7
Inventory Days	56	81	94	83	86	130	42	55	49
Days Payable	10	3	34	19	24	28	5	12	8
Cash Conversion Cycle	94	116	89	78	79	131	52	52	48
Working Capital Days	74	92	101	68	69	130	41	37	31
ROCE %		5%	8%	9%	5%	4%	6%	6%	7%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	70.41%	73.41%	73.41%	73.41%	73.41%	73.41%	73.41%	73.41%	73.41%	73.41%	73.41%	73.41%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.04%	0.00%	0.11%	1.01%
Public	29.58%	26.59%	26.59%	26.58%	26.59%	26.59%	26.59%	26.58%	26.54%	26.59%	26.49%	25.59%
No. of Shareholders	8,680	8,966	9,088	9,147	9,216	9,216	8,878	8,880	9,344	10,636	10,253	8,183

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	4.09	3.31	3.31	0.63	1.78
Diluted EPS (Rs.)	4.09	3.31	3.31	0.63	1.78
Cash EPS (Rs.)	7.17	6.37	5.52	4.12	6.89
Book Value[Excl.RevalReserv]/Share (Rs.)	79.87	75.69	78.36	60.28	55.99
Book Value[Incl.RevalReserv]/Share (Rs.)	79.87	75.69	78.36	60.28	55.99
Revenue From Operations / Share (Rs.)	476.94	395.37	301.39	169.87	263.63
PBDIT / Share (Rs.)	10.79	8.99	9.66	8.86	12.09
PBIT / Share (Rs.)	6.53	5.16	6.05	5.11	7.59
PBT / Share (Rs.)	4.09	3.66	2.99	0.85	0.90
Net Profit / Share (Rs.)	2.91	2.54	1.91	0.37	2.40
NP After MI And SOA / Share (Rs.)	4.09	3.31	2.98	0.59	1.78
PBDIT Margin (%)	2.26	2.27	3.20	5.21	4.58
PBIT Margin (%)	1.36	1.30	2.00	3.00	2.87
PBT Margin (%)	0.85	0.92	0.99	0.50	0.34
Net Profit Margin (%)	0.61	0.64	0.63	0.21	0.90
NP After MI And SOA Margin (%)	0.85	0.83	0.98	0.35	0.67
Return on Networth / Equity (%)	5.11	4.37	3.80	0.98	3.17
Return on Capital Employeed (%)	6.39	5.13	6.11	4.96	7.52
Return On Assets (%)	2.88	2.42	2.38	0.39	1.14
Long Term Debt / Equity (X)	0.14	0.18	0.11	0.08	0.02
Total Debt / Equity (X)	0.31	0.34	0.26	0.59	0.66
Asset Turnover Ratio (%)	3.42	3.02	2.34	1.16	1.61
Current Ratio (X)	1.71	1.78	2.21	1.59	1.30
Quick Ratio (X)	0.37	0.43	1.11	0.59	0.44
Inventory Turnover Ratio (X)	7.87	8.50	6.58	2.94	3.46
Interest Coverage Ratio (X)	3.45	4.61	3.16	2.03	1.81
Interest Coverage Ratio (Post Tax) (X)	1.71	2.07	1.63	1.06	1.36
Enterprise Value (Cr.)	205.24	125.17	143.01	195.80	172.29
EV / Net Operating Revenue (X)	0.26	0.19	0.28	0.78	0.48
EV / EBITDA (X)	11.57	8.47	9.01	14.97	10.51
MarketCap / Net Operating Revenue (X)	0.21	0.12	0.23	0.48	0.27
Price / BV (X)	1.26	0.66	0.89	1.38	1.29
Price / Net Operating Revenue (X)	0.21	0.12	0.23	0.48	0.27
EarningsYield	0.04	0.06	0.04	0.01	0.02

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Mahamaya Steel Industries Ltd as of November 27, 2024 is: 364.42

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 27, 2024, Mahamaya Steel Industries Ltd is Undervalued by 69.50% compared to the current share price 215.00

Intrinsic Value of Mahamaya Steel Industries Ltd as of November 27, 2024 is: 521.76

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 27, 2024, Mahamaya Steel Industries Ltd is Undervalued by 142.68% compared to the current share price 215.00

Last 5 Year EPS CAGR: 43.18%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (96.30 cr) compared to borrowings (72.20 cr), indicating strong financial stability. The company has shown consistent growth in sales (464.60 cr) and profit (3.30 cr) over the years.	The stock has a low average ROCE of 5.56%, which may not be favorable. The stock has a high average Working Capital Days of 71.44, which may not be favorable. The stock has a high average Cash Conversion Cycle of 82.11, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Mahamaya Steel Industries Ltd:
1. Net Profit Margin: 0.61%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 6.39% (Industry Average ROCE: 57.58%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 5.11% (Industry Average ROE: 5.35%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.71
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.37
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 97.3 (Industry average Stock P/E: 40.83)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.31
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Mahamaya Steel Industries Ltd. is a Public Limited Listed company incorporated on 23/05/1988 and has its registered office in the State of Chattisgarh, India. Company’s Corporate Identification Number(CIN) is L27107CT1988PLC004607 and registration number is 004607. Currently company belongs to the Industry of Steel - CR/HR Strips. Company’s Total Operating Revenue is Rs. 495.32 Cr. and Equity Capital is Rs. 16.43 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Steel - CR/HR Strips	B/8-9, Sector-C, Urla Industrial Area, Raipur Chattisgarh 493221	cs@mahamayagroup.in http://www.mahamayagroup.in

Management
Name	Position Held
Mr. Rajesh Agrawal	Managing Director
Mr. Suresh Raman	Executive Director & CFO
Mrs. Rekha Agrawal	Executive Director
Mr. Uday Raj Singhania	Independent Director
Mr. Rajesh Lunia	Independent Director
Mrs. Vanitha Rangaiah	Independent Director

FAQ

What is the latest intrinsic value of Mahamaya Steel Industries Ltd?

The latest intrinsic value of Mahamaya Steel Industries Ltd as on 27 November 2024 is ₹364.42, which is 69.50% higher than the current market price of ₹215.00. The stock has a market capitalization of 352 Cr. and recorded a high/low of ₹233/76.2 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹126 Cr and total liabilities of ₹220 Cr.

What is the Market Cap of Mahamaya Steel Industries Ltd?

The Market Cap of Mahamaya Steel Industries Ltd is 352 Cr..

What is the current Stock Price of Mahamaya Steel Industries Ltd as on 27 November 2024?

The current stock price of Mahamaya Steel Industries Ltd as on 27 November 2024 is ₹215.

What is the High / Low of Mahamaya Steel Industries Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Mahamaya Steel Industries Ltd stocks is 233/76.2.

What is the Stock P/E of Mahamaya Steel Industries Ltd?

The Stock P/E of Mahamaya Steel Industries Ltd is 97.3.

What is the Book Value of Mahamaya Steel Industries Ltd?

The Book Value of Mahamaya Steel Industries Ltd is 86.6.

What is the Dividend Yield of Mahamaya Steel Industries Ltd?

The Dividend Yield of Mahamaya Steel Industries Ltd is 0.00 %.

What is the ROCE of Mahamaya Steel Industries Ltd?

The ROCE of Mahamaya Steel Industries Ltd is 7.04 %.

What is the ROE of Mahamaya Steel Industries Ltd?

The ROE of Mahamaya Steel Industries Ltd is 4.24 %.

What is the Face Value of Mahamaya Steel Industries Ltd?

The Face Value of Mahamaya Steel Industries Ltd is 10.0.