Mahamaya Steel Industries Ltd Stock Analysis

BSE: 513554 | NSE: MAHASTEEL | Steel & Iron Products | Small Cap

BSE Share Price 30-Jan-2023 18:02
66.80 -1.10 (-1.62%)

DeciZen - Make an Informed Decision on Mahamaya Steel Inds

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Semi Strong

Mahamaya Steel Inds Price Chart

P/E Ratio ( SA) :
25.11
Market Cap :
109.8 Cr.
52-wk low :
57.8
52-wk high :
95
Bole Toh?

1. Is Mahamaya Steel Industries Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Mahamaya Steel Industries Ltd is a average quality company.

2. Is Mahamaya Steel Industries Ltd undervalued or overvalued?

The key valuation ratios of Mahamaya Steel Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Mahamaya Steel Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Mahamaya Steel Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Mahamaya Steel Inds:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Mahamaya Steel Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 2.9%3.4%3.9%-5.2%4.7%5.7%7%5.2%2.7%3.7%-
Value Creation Index -0.8-0.8-0.7-1.4-0.7-0.6-0.5-0.6-0.8-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 343297299317254297465358251495588
YoY Gr. Rt. %--13.5%0.7%6.1%-20%16.9%56.7%-23.1%-29.9%97.4%-
Adj EPS 0.61.41.4-120.51.742.40.31.92.7
YoY Gr. Rt. %-119.1%3.6%-942%NA251.1%139.4%-39.5%-87.9%558.6%-
BVPS (₹) 65.167.268.357.161.263.267.770.273.175.276.6
Adj Net Profit 0.91.91.9-16.30.62.25.43.30.43.24
Cash Flow from Ops. 12.716.310.925.215.52.917.834.6-4.244-
Debt/CF from Ops. 5.43.56.42.86.135.35.72.3-19.21-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.2%14.3%2.1%97.4%
Adj EPS 13.1%32.4%-21.5%558.6%
BVPS 1.64.23.62.9
Share Price 5.1% -9.1% -12% -21.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 0.71.51.6-140.72.763.50.42.73.5
Op. Profit Mgn % 3.64.25.40.56.47.14.94.453.12.5
Net Profit Mgn % 0.30.60.7-5.20.30.81.20.90.20.60.7
Debt to Equity 0.60.50.60.71.11.21.10.80.80.40.2
Working Cap Days 1181321291151311371031271778553
Cash Conv. Cycle 80838278877756731015127

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 3.50%

Debt to equity has declined versus last 3 years average to 0.37

Sales growth is good in last 4 quarters at 59.62%

Sales growth has been subdued in last 3 years 2.12%

Net Profit has been subdued in last 3 years -21.51%

Latest Financials - Mahamaya Steel Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 2.7 3.8
TTM Sales (₹ Cr.) 588 588
BVPS (₹.) 76.6 79.9
Reserves (₹ Cr.) 110 115
P/BV 0.87 0.83
PE 25.11 17.54
From the Market
52 Week Low / High (₹) 57.80 / 95.00
All Time Low / High (₹) 19.00 / 505.55
Market Cap (₹ Cr.) 110
Equity (₹ Cr.) 16.4
Face Value (₹) 10
Industry PE 10.5

Management X-Ray of Mahamaya Steel Inds :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Mahamaya Steel Inds

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Mahamaya Steel Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Mahamaya Steel Inds on 30-Jan-2023 18:02 is : 66.80.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 30-Jan-2023 18:02 the market cap of Mahamaya Steel Inds stood at ₹ 109.8.
The latest PE ratio of Mahamaya Steel Inds as of 30-Jan-2023 18:02 is 25.11.
The latest PB ratio of Mahamaya Steel Inds as of 30-Jan-2023 18:02 is 0.87
The 52-week high of Mahamaya Steel Inds is ₹ 95.00 and the 52-week low is ₹ 57.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Mahamaya Steel Inds is ₹ 588.1 ( Cr.) .

About Mahamaya Steel Industries Ltd

Mahamaya Steel Industries has been promoted by Ramanand Agrawal and Anand Kumar Agrawaal and Jaiprakash Agarwal. The company is presently manufacturing MS strips, MS channels, MS Girders and MS Flats of various sizes having overall capacity of 19,500 MT per annum. Its products are marketed under RSL name. 

The company has implemented a project for manufacturing steel strips and structural products with installed capacity of 19,500 MT p.a. The commercial production was commenced on August 23, 1990.

The company has successfully implemented a power project of 3 MW capacities. In 2009, the company name has been changed from Rajesh Strips to Mahamaya Steel Industries.

The ISO 9001:2000 certified company produces light and heavy steel structural’s like crossing sleeper bars, meter gauge sleepers, and joists in various ranges used by the construction, automobile, and consumer durable industries. An oxygen gas plant with an installed capacity of 900,000 cubic meters has been set up for captive consumption, but excess production is sold to outside parties creating an additional source of income.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now