Mahamaya Steel Industries Ltd. Stock Analysis

Small Cap

Evaluated by 181 users | BSE: 513554 | NSE: MAHASTEEL |
Steel & Iron Products

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...

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis P

Analysis of Financial Track Record

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

What is a Financial Track Record? How to read this chart in order to understand the data present here?

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.

Value Creation

	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19
Return on Capital Employed	9.38%	8.63%	7.21%	2.85%	3.38%	3.85%	-5.18%	4.72%	5.69%	6.95%

Growth Parameters Growth Parameters Colour Code Guide

Net Sales (Rs. Cr.)	395	580	553	343	297	299	317	254	297	465
Y-o-Y Gr. Rt.	-	46.7%	-4.6%	-37.9%	-13.5%	0.7%	6.1%	-20%	16.9%	56.7%
Adjusted EPS (Rs.)	8.02	8.19	5.42	0.63	1.38	1.43	-12.04	0.47	1.65	3.95
Y-o-Y Gr. Rt.	-	2.1%	-33.8%	-88.4%	119.1%	3.6%	-942%	NA	251.1%	139.4%
Book Value per Share (Rs.)	49.9	58.11	63.71	65.05	67.24	68.33	57.09	61.24	63.16	67.7
Adjusted Net Profit	10.9	11.1	7.4	0.9	1.9	1.9	-16.3	0.6	2.2	5.4
Net Op. Cash Flow (Rs. Cr.)	4.6	15.5	15.8	12.7	16.3	10.9	25.2	15.5	2.9	17.8
Debt to Cash Flow from Ops	11.68	3.6	3.56	5.39	3.49	6.38	2.84	6.07	35.25	5.67

Difference between Standalone Basis and Consolidated basis? Which method is preferred for Mahamaya Steel Industries Ltd. ?

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

Mahamaya Steel Industries Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Net Sales	1.8%	9.4%	13.6%	56.7%
Adjusted EPS	-7.6%	23.4%	NA	139.4%
Book Value per Share	3.5	0.1	5.9	7.2
Share Price	18.6%	28.1%	16%	-10.7%

Key Financial Parameter Performance Ratio Colour Code Guide

	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19
Return on Equity (%)	11.14	9.02	5.96	0.71	1.53	1.56	-13.95	0.67	2.66	6.04
Operating Profit Margin (%)	6.95	4.93	4.24	3.59	4.23	5.37	0.46	6.44	7.06	4.86
Net Profit Margin (%)	2.75	1.92	1.33	0.25	0.63	0.65	-5.15	0.25	0.76	1.15
Debt to Equity	0.53	0.5	0.47	0.57	0.46	0.56	0.65	1.13	1.18	1.1
Working Capital Days	83	66	72	118	132	129	115	131	137	103
Cash Conversion Cycle	60	50	52	80	83	82	78	87	77	56

Management X-Ray

Shareholding Pattern

Entity	Percentage Holding
Promoters	67.80%
Non-Institutions	32.20%

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

FAQs

1. Is Mahamaya Steel Inds a good quality company?

Data is not available for this company.

2. Is current market price of Mahamaya Steel Inds a good price to buy it?

The 5-year analysis of Mahamaya Steel Inds's performance infers:

Mahamaya Steel Inds earnings have grown by 23.4%, whereas share price has appreciated 28.1% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

3. What Mahamaya Steel Inds's share price return in the past 10 years

Data is not available for this company

About Company

The company has implemented a project for manufacturing steel strips and structural products with installed capacity of 19,500 MT p.a. The commercial

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 structuralâ€™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.

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