Mahamaya Steel Industries Limited
Mahamaya Steel Industries Limited engages in the manufacture and sale of steel structures products in India. The company provides I-beams, angles, H-beams, joists, channels, billets, blooms, rounds, squares, flats, railway sleepers, strips, girders, sponge iron, pig iron, end cutting, angle, scrap, coal, and other related products for construction, automobile, railway, and power industries. The c… Read more
Mahamaya Steel Industries Limited (MAHASTEEL) - Net Assets
Latest net assets as of September 2025: ₹1.53 Billion INR
Based on the latest financial reports, Mahamaya Steel Industries Limited (MAHASTEEL) has net assets worth ₹1.53 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹2.62 Billion) and total liabilities (₹1.09 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹1.53 Billion |
| % of Total Assets | 58.25% |
| Annual Growth Rate | 4.19% |
| 5-Year Change | 33.67% |
| 10-Year Change | 31.51% |
| Growth Volatility | 15.03 |
Mahamaya Steel Industries Limited - Net Assets Trend (2009–2025)
This chart illustrates how Mahamaya Steel Industries Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mahamaya Steel Industries Limited (2009–2025)
The table below shows the annual net assets of Mahamaya Steel Industries Limited from 2009 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.49 Billion | +5.47% |
| 2024-03-31 | ₹1.41 Billion | +5.10% |
| 2023-03-31 | ₹1.34 Billion | +4.36% |
| 2022-03-31 | ₹1.29 Billion | +15.55% |
| 2021-03-31 | ₹1.11 Billion | +13.27% |
| 2020-03-31 | ₹983.99 Million | +2.61% |
| 2019-03-31 | ₹958.95 Million | +6.12% |
| 2018-03-31 | ₹903.65 Million | -22.93% |
| 2017-03-31 | ₹1.17 Billion | +3.50% |
| 2016-03-31 | ₹1.13 Billion | -9.17% |
| 2015-03-31 | ₹1.25 Billion | +1.20% |
| 2014-03-31 | ₹1.23 Billion | +2.47% |
| 2013-03-31 | ₹1.20 Billion | +1.53% |
| 2012-03-31 | ₹1.18 Billion | +5.93% |
| 2011-03-31 | ₹1.12 Billion | -5.34% |
| 2010-03-31 | ₹1.18 Billion | +53.00% |
| 2009-03-31 | ₹772.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mahamaya Steel Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 198.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹632.18 Million | 42.43% |
| Common Stock | ₹164.34 Million | 11.03% |
| Other Comprehensive Income | ₹344.29 Million | 23.11% |
| Other Components | ₹349.00 Million | 23.43% |
| Total Equity | ₹1.49 Billion | 100.00% |
Mahamaya Steel Industries Limited Competitors by Market Cap
The table below lists competitors of Mahamaya Steel Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KUB Malaysia Bhd
KLSE:6874
|
$26.57 Million |
|
Boom Logistics Ltd
AU:BOL
|
$26.58 Million |
|
Bumi Teknokultura Unggul Tbk
JK:BTEK
|
$26.58 Million |
|
Structural Monitoring Systems Plc
AU:SMN
|
$26.58 Million |
|
Awilco LNG ASA
OL:ALNG
|
$26.55 Million |
|
LTCEF
OTCGREY:LTCEF
|
$26.55 Million |
|
Hyosung Itx
KO:094280
|
$26.55 Million |
|
Enegex Ltd
AU:ENX
|
$26.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mahamaya Steel Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,412,587,000 to 1,489,817,000, a change of 77,230,000 (5.5%).
- Net income of 76,007,000 contributed positively to equity growth.
- Share repurchases of 20,000,000 reduced equity.
- Other comprehensive income decreased equity by 278,862,001.
- Other factors increased equity by 300,085,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹76.01 Million | +5.1% |
| Share Repurchases | ₹20.00 Million | -1.34% |
| Other Comprehensive Income | ₹-278.86 Million | -18.72% |
| Other Changes | ₹300.09 Million | +20.14% |
| Total Change | ₹- | 5.47% |
Book Value vs Market Value Analysis
This analysis compares Mahamaya Steel Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.69x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 15.33x to 9.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-03-31 | ₹56.90 | ₹872.05 | x |
| 2010-03-31 | ₹87.06 | ₹872.05 | x |
| 2011-03-31 | ₹82.41 | ₹872.05 | x |
| 2012-03-31 | ₹87.30 | ₹872.05 | x |
| 2013-03-31 | ₹88.63 | ₹872.05 | x |
| 2014-03-31 | ₹90.82 | ₹872.05 | x |
| 2015-03-31 | ₹91.91 | ₹872.05 | x |
| 2016-03-31 | ₹83.48 | ₹872.05 | x |
| 2017-03-31 | ₹86.40 | ₹872.05 | x |
| 2018-03-31 | ₹66.59 | ₹872.05 | x |
| 2019-03-31 | ₹70.67 | ₹872.05 | x |
| 2020-03-31 | ₹72.51 | ₹872.05 | x |
| 2021-03-31 | ₹80.32 | ₹872.05 | x |
| 2022-03-31 | ₹87.08 | ₹872.05 | x |
| 2023-03-31 | ₹81.78 | ₹872.05 | x |
| 2024-03-31 | ₹85.96 | ₹872.05 | x |
| 2025-03-31 | ₹89.97 | ₹872.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mahamaya Steel Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.10%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.95%
- • Asset Turnover: 3.28x
- • Equity Multiplier: 1.64x
- Recent ROE (5.10%) is above the historical average (3.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 9.51% | 2.01% | 2.10x | 2.26x | ₹-3.81 Million |
| 2010 | 9.19% | 2.81% | 1.87x | 1.75x | ₹-9.54 Million |
| 2011 | 9.96% | 1.97% | 2.70x | 1.88x | ₹-453.20K |
| 2012 | 6.42% | 1.41% | 2.50x | 1.83x | ₹-42.43 Million |
| 2013 | 1.51% | 0.55% | 1.53x | 1.82x | ₹-102.11 Million |
| 2014 | 2.41% | 1.02% | 1.42x | 1.66x | ₹-93.57 Million |
| 2015 | 1.70% | 0.73% | 1.33x | 1.76x | ₹-103.51 Million |
| 2016 | -13.46% | -4.93% | 1.44x | 1.89x | ₹-265.82 Million |
| 2017 | 1.06% | 0.49% | 1.20x | 1.80x | ₹-104.85 Million |
| 2018 | 2.61% | 0.80% | 1.27x | 2.58x | ₹-66.75 Million |
| 2019 | 6.11% | 1.26% | 1.95x | 2.48x | ₹-37.32 Million |
| 2020 | 2.45% | 0.68% | 1.69x | 2.14x | ₹-74.25 Million |
| 2021 | 0.79% | 0.35% | 1.12x | 2.01x | ₹-102.67 Million |
| 2022 | 3.80% | 0.99% | 2.40x | 1.59x | ₹-79.82 Million |
| 2023 | 4.05% | 0.84% | 2.89x | 1.67x | ₹-79.97 Million |
| 2024 | 4.76% | 0.86% | 3.36x | 1.65x | ₹-74.09 Million |
| 2025 | 5.10% | 0.95% | 3.28x | 1.64x | ₹-72.97 Million |
Industry Comparison
This section compares Mahamaya Steel Industries Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,077,213,375
- Average return on equity (ROE) among peers: 17.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mahamaya Steel Industries Limited (MAHASTEEL) | ₹1.53 Billion | 9.51% | 0.72x | $26.56 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $-100.86 Million | 0.00% | 0.00x | $722.48K |
| APL Apollo Tubes Limited (APLAPOLLO) | $24.64 Billion | 25.12% | 0.81x | $4.04 Billion |
| Ashoka Metcast Limited (ASHOKAMET) | $23.00K | 60.87% | 7947.74x | $1.75 Million |
| Bansal Wire Industries Ltd (BANSALWIRE) | $2.83 Billion | 21.21% | 1.65x | $84.98 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $1.45 Billion | 17.08% | 3.51x | $8.02 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $1.38 Billion | 0.97% | 2.02x | $61.29 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $31.33 Million |
| Gallantt Ispat Limited (GALLANTT) | $1.10 Billion | 27.96% | 1.96x | $327.71 Million |
| Grand Foundry Limited (GFSTEELS) | $-57.50 Million | 0.00% | 0.00x | $1.30 Million |
| Goodluck India Limited (GOODLUCK) | $490.54 Million | 25.50% | 2.98x | $163.26 Million |