Compliance updated on Jun 19, 2026 Screened by AAOIFI-Certified Shariah Advisor & Auditor

Financial data updated nightly

Mahamaya Steel Industries Ltd

MAHASTEEL.NS ✓ COMPLIANT ☆ Track — members

NSE India · Basic Materials · Iron & Steel ·

India Micro Cap Analyst: N/A

Last Close

$11.17

▲ +3.63%

Market Cap $183.56M · Vol 5.72K

Key Metrics

P/E Ratio

175.04

FWD: N/A

Market Cap

$183.56M

Micro Cap

Div Yield

N/A

EPS Growth

N/A

YoY

RSI (14)

77.39

Momentum

Beta

0.19

vs Market

52W High

$11.56

3.48% below

52W Low

$3.47

197.43% above

Volume

5.72K

Avg 12.69K

P/B

9.83

Price-to-book

ROE

N/A

Return on equity

Free Float

13.88%

Public shares

Shariah Compliance8 STANDARDS

✓ Yes, Mahamaya Steel Industries Ltd (MAHASTEEL.NS) stock is Shariah compliant

AAOIFI—
Dow Jones Islamic (DJIM)—
FTSE Shariah—
MSCI Islamic—
S&P Shariah—
Al Rajhi—
Alinma—
Albilad—

Unlock the full Shariah report

See the verdict under each standard, the exact screening ratios, purification and zakat per share. AAOIFI-certified methodology trusted by global Islamic funds.

Which standards does MAHASTEEL.NS pass?

The full report shows the verdict under each of the 8 major Shariah standards, with the business-activity and financial-ratio screens behind every one.

Do I need to purify my investment?

Members see the purification amount per share, updated every financial period under the AAOIFI methodology.

Can I calculate zakat for my shares?

Members get zakat per share and a built-in calculator for their exact holding.

Historical Returns

+1.88%

+24.35%

+27.41%

+48.88%

YTD

+6.49%

+209.03%

+1,308.57%

+933.45%

Financials & Valuation

TTM · Annual

Total Revenue	$94.47M
Net Income	$1.03M
Revenue Growth (YoY)	+29.26%
Gross Margin	19.82%
Operating Margin	1.68%
Net Profit Margin	1.09%
ROE	N/A
ROA · ROIC	5.03% · 6.47%

P/E Ratio	175.04
Forward P/E (FY1)	N/A
PEG Ratio	6.19
P/S	1.77
P/B	9.83
P/FCF	N/A
EPS Growth	N/A
Outstanding Shares	16.43M

Technical Indicators

50-Day SMA	$9.18
200-Day SMA	$8.76
RSI (14)	77.39
Beta	0.19
52-Week High	$11.56
52-Week Low	$3.47

Volume Today	5.72K
Avg Daily Volume (30D)	12.69K
Relative Volume	0.45x
Volatility (10D)	51.35
Volatility (30D)	57.44
Free Float	13.88%

Analyst Consensus

N/A

Current Price $11.17

Mean Target N/A

52W Low$3.47 52W High$11.56

Current

Target

$3.47 $11.56

Current Analyst target

· 0 analysts

Identifiers

ExchangeNSE India

FIGIBBG001S85VX9

ISININE451L01014

CountryIndia

Sub-IndustryIron & Steel (NEC)

Earnings DateN/A

TypeStocks

Instrument TypeFULLPAID Fully Paid Ordinary

Similar Halal Stocks

NUE Nucor Corp -1.24% MT ArcelorMittal SA +0.89% MT.AS ArcelorMittal SA +0.13% STLD Steel Dynamics Inc -1.83% CRS Carpenter Technology Corp +1.68%

Company Profile

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 power industries. Its product range includes I-beam, joist, H-beam, channel, round, flat, railway sleepers, square, billet and bloom. Rolling mill, Stell melting shop (SMS), and Furnace are the manufacturing units of the Company. Its steel unit and steel melting shop have installed capacity of 2,05,500 tons per annum (TPA) and 2,00,000 TPA, respectively. The products of the Company are used in infrastructure related projects such as railways, power plants, dams, bridges, among others. Its heavy steel structural mill, steel melting shop and gas plant is in Raipur, Chhattisgarh.