The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Mahamaya Steel Industries Limited (MSIL) is an India-based company. The Company manufactures heavy and light steel structures such as strips, joists, beams, channels, girders, and railway sleeper bars, flats in various ranges for the construction, automobile, railway, and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, fast-growing business, priced for perfection.
MAHAMAYA STEEL is scored on the commodity / cyclical framework. It keeps a thin 1.1% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 0.80×). Free cash flow is worth about -0.3% of its market value.
Over the last 3 years revenue compounded at 11%/yr and profit at 21%/yr. Book value has grown 6%/yr. Return on equity is a weak 6.0%. In the latest quarter profit fell 48% versus the prior quarter.
At 250× earnings, the stock sits at the 99th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price already implies ~44%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 238.73 | — | — |
| P/B | 16.04 | — | — |
| EV/EBITDA | 89.95 | — | — |
| ROE | 6.05 | 18.05 | worse |
| ROCE | 8.29 | 11.11 | worse |
| ROA | 3.7 | 3.13 | better |
| Quick Ratio | 0.27 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| JSW Steel | 10.5 | 2.9 | 11.9% |
| Tata Steel | 20.6 | 2.3 | 10.6% |
| Jindal Steel & Power | 41.5 | 2.3 | 6.2% |
Revenue has grown every year across all 4 financial years shown. 11% CAGR over 3 years — steady double-digit compounder. Growth is accelerating — latest year outpaced the prior year's rate.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (21% vs 11%) — margin expansion is at work.
Operating margins have been stable around 1% — no major structural shift.
ROE at 6% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
EPS has grown every year — each share earns more than the last, consistently. 21% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Investing outflows exceed operating cash — the company relies on external funding to finance expansion. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 29% above earlier ones.
Profit fell 48% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 72.8% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.