What we do Mahamaya Steel Industries Ltd manufactures steel structural products including angles, beams, joists, and railway sleepers, serving major industrial and infrastructure sectors. |
Founded in 1,988 |
Market share Recognized supplier for SAIL, Jindal, and large utilities; strong presence in heavy steel structural market in central India. |
Problem solved Offers high-quality steel structures meeting varied industrial specifications, ensuring durable infrastructure and industrial components. |
Top clients or who we serve BHEL, SAIL, Jindal, ONGC, Indian Railways, MAHAGENCO, and multiple power distribution companies; primarily B2B. |
Key management Rajesh Agrawal (Managing Director) |
Our journey and innovations Established in 1988; expanded capacities in 1990s and 2000s; installed heavy structural mills and oxygen plant; ongoing plant modernization. |
Where we operate India, primarily central India with key clients nationwide. |
Top products or what we offer Steel angles, beams, channels, joists, rounds, flats, railway sleepers, and conversion services for structural steel. |
Top brands - |
Raw materials needed Steel billets, iron ore, raw steel inputs |
Raw materials supplier Steel Authority of India Limited (SAIL), Jindal |
Recurring vs cyclical contribution Revenue primarily recurring from long-term contracts and conversion services, though influenced by industrial CAPEX cycles. |
Our industry position Mid-sized structural steel producer with strong regional presence and reputed clientele in steel infrastructure sector. |
Financial highlights FY 2024-25 revenue Rs. 801.76 crore; net profit Rs. 7.6 crore; profit before tax Rs. 8.65 crore; consistent revenue growth from prior year. |
Geographical revenue split Majority from Indian domestic clients across various states. |
Order book - |
Whats driving growth Industrial CAPEX growth, infrastructure projects, modernization of production facilities, and strategic partnerships. |
Our future plans Capacity enhancements, furnace upgrades, and expanding order book targeting higher growth. |
Our green promise Energy conservation efforts, operational efficiency, and compliance with environmental standards. |
Our people and values Committed workforce with focus on quality, innovation, and corporate governance. |
Key challenges ahead Market cyclicality, raw material price fluctuations, and regulatory compliance. |
Interesting facts Conversion agent for major steel producers SAIL and Jindal; successful power project implementation. |
Risks and strategy Mitigating raw material risks through supplier relationships; strategic modernization to enhance competitiveness. |
