Mahamaya Steel Industries Limited (MAHASTEEL) - Net Assets
Based on the latest financial reports, Mahamaya Steel Industries Limited (MAHASTEEL) has net assets worth Rs1.53 Billion INR (≈ $16.50 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.62 Billion ≈ $28.33 Million USD) and total liabilities (Rs1.09 Billion ≈ $11.83 Million USD). 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. Check asset resilience ratio of Mahamaya Steel Industries Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.53 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. Also explore MAHASTEEL total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market cap of Mahamaya Steel Industries Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs1.49 Billion ≈ $16.11 Million |
+5.47% |
| 2024-03-31 | Rs1.41 Billion ≈ $15.28 Million |
+5.10% |
| 2023-03-31 | Rs1.34 Billion ≈ $14.53 Million |
+4.36% |
| 2022-03-31 | Rs1.29 Billion ≈ $13.93 Million |
+15.55% |
| 2021-03-31 | Rs1.11 Billion ≈ $12.05 Million |
+13.27% |
| 2020-03-31 | Rs983.99 Million ≈ $10.64 Million |
+2.61% |
| 2019-03-31 | Rs958.95 Million ≈ $10.37 Million |
+6.12% |
| 2018-03-31 | Rs903.65 Million ≈ $9.77 Million |
-22.93% |
| 2017-03-31 | Rs1.17 Billion ≈ $12.68 Million |
+3.50% |
| 2016-03-31 | Rs1.13 Billion ≈ $12.25 Million |
-9.17% |
| 2015-03-31 | Rs1.25 Billion ≈ $13.49 Million |
+1.20% |
| 2014-03-31 | Rs1.23 Billion ≈ $13.33 Million |
+2.47% |
| 2013-03-31 | Rs1.20 Billion ≈ $13.01 Million |
+1.53% |
| 2012-03-31 | Rs1.18 Billion ≈ $12.81 Million |
+5.93% |
| 2011-03-31 | Rs1.12 Billion ≈ $12.09 Million |
-5.34% |
| 2010-03-31 | Rs1.18 Billion ≈ $12.78 Million |
+53.00% |
| 2009-03-31 | Rs772.19 Million ≈ $8.35 Million |
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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 | Rs632.18 Million | 42.43% |
| Common Stock | Rs164.34 Million | 11.03% |
| Other Comprehensive Income | Rs344.29 Million | 23.11% |
| Other Components | Rs349.00 Million | 23.43% |
| Total Equity | Rs1.49 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 |
|---|---|
|
COPRD
NYSE MKT:COPRD
|
$150.91 Million |
|
Kervan Gıda Sanayi Ve Ticaret As
IS:KRVGD
|
$150.94 Million |
|
Suheung Capsul
KO:008490
|
$151.08 Million |
|
Dividend 15 Split Corp II
TO:DF
|
$151.12 Million |
|
Caisse Regionale De Credit Agricole Mutuel Sud Rhone Alpes
PA:CRSU
|
$150.81 Million |
|
Southern Steel Bhd
KLSE:5665
|
$150.75 Million |
|
KEFI GOLD COPPER LS -001
F:KMSA
|
$150.69 Million |
|
Eastern Communications Co Ltd B
SHG:900941
|
$150.60 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 | Rs76.01 Million | +5.1% |
| Share Repurchases | Rs20.00 Million | -1.34% |
| Other Comprehensive Income | Rs-278.86 Million | -18.72% |
| Other Changes | Rs300.09 Million | +20.14% |
| Total Change | Rs- | 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: 9.43x
- 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 14.92x to 9.43x 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 | Rs56.90 | Rs848.70 | x |
| 2010-03-31 | Rs87.06 | Rs848.70 | x |
| 2011-03-31 | Rs82.41 | Rs848.70 | x |
| 2012-03-31 | Rs87.30 | Rs848.70 | x |
| 2013-03-31 | Rs88.63 | Rs848.70 | x |
| 2014-03-31 | Rs90.82 | Rs848.70 | x |
| 2015-03-31 | Rs91.91 | Rs848.70 | x |
| 2016-03-31 | Rs83.48 | Rs848.70 | x |
| 2017-03-31 | Rs86.40 | Rs848.70 | x |
| 2018-03-31 | Rs66.59 | Rs848.70 | x |
| 2019-03-31 | Rs70.67 | Rs848.70 | x |
| 2020-03-31 | Rs72.51 | Rs848.70 | x |
| 2021-03-31 | Rs80.32 | Rs848.70 | x |
| 2022-03-31 | Rs87.08 | Rs848.70 | x |
| 2023-03-31 | Rs81.78 | Rs848.70 | x |
| 2024-03-31 | Rs85.96 | Rs848.70 | x |
| 2025-03-31 | Rs89.97 | Rs848.70 | 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 | Rs-3.81 Million |
| 2010 | 9.19% | 2.81% | 1.87x | 1.75x | Rs-9.54 Million |
| 2011 | 9.96% | 1.97% | 2.70x | 1.88x | Rs-453.20K |
| 2012 | 6.42% | 1.41% | 2.50x | 1.83x | Rs-42.43 Million |
| 2013 | 1.51% | 0.55% | 1.53x | 1.82x | Rs-102.11 Million |
| 2014 | 2.41% | 1.02% | 1.42x | 1.66x | Rs-93.57 Million |
| 2015 | 1.70% | 0.73% | 1.33x | 1.76x | Rs-103.51 Million |
| 2016 | -13.46% | -4.93% | 1.44x | 1.89x | Rs-265.82 Million |
| 2017 | 1.06% | 0.49% | 1.20x | 1.80x | Rs-104.85 Million |
| 2018 | 2.61% | 0.80% | 1.27x | 2.58x | Rs-66.75 Million |
| 2019 | 6.11% | 1.26% | 1.95x | 2.48x | Rs-37.32 Million |
| 2020 | 2.45% | 0.68% | 1.69x | 2.14x | Rs-74.25 Million |
| 2021 | 0.79% | 0.35% | 1.12x | 2.01x | Rs-102.67 Million |
| 2022 | 3.80% | 0.99% | 2.40x | 1.59x | Rs-79.82 Million |
| 2023 | 4.05% | 0.84% | 2.89x | 1.67x | Rs-79.97 Million |
| 2024 | 4.76% | 0.86% | 3.36x | 1.65x | Rs-74.09 Million |
| 2025 | 5.10% | 0.95% | 3.28x | 1.64x | Rs-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: $56,981,137
- Average return on equity (ROE) among peers: 11.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mahamaya Steel Industries Limited (MAHASTEEL) | Rs1.53 Billion | 9.51% | 0.72x | $150.84 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $4.99 Billion | 10.25% | 2.32x | $2.44 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $155.16 Million | 43.49% | 4.18x | $5.72 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $501.93 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-1.62 Billion | 0.00% | 0.00x | $38.63 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $222.58 Million | 9.47% | 2.22x | $164.68 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $111.23 Million |
| Grand Foundry Limited (GFSTEELS) | $-32.83 Million | 0.00% | 0.00x | $4.07 Million |
| Goodluck India Limited (GOODLUCK) | $978.14 Million | 20.56% | 2.88x | $451.00 Million |
| Godawari Power And Ispat limited (GPIL) | $2.07 Billion | 26.10% | 1.64x | $2.08 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $152.16 Million | -10.33% | 2.30x | $111.44 Million |
About 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