Mahamaya Steel Industries Limited

NSE MAHASTEEL.NS

Mahamaya Steel Industries Limited Debt to Equity Ratio for the year ending March 31, 2024: 0.29

Mahamaya Steel Industries Limited Debt to Equity Ratio is 0.29 for the year ending March 31, 2024, a -10.08% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Mahamaya Steel Industries Limited Debt to Equity Ratio for the year ending March 31, 2023 was 0.32, a -8.57% change year over year.
Mahamaya Steel Industries Limited Debt to Equity Ratio for the year ending March 31, 2022 was 0.35, a -51.61% change year over year.
Mahamaya Steel Industries Limited Debt to Equity Ratio for the year ending March 31, 2021 was 0.73, a -9.30% change year over year.
Mahamaya Steel Industries Limited Debt to Equity Ratio for the year ending March 31, 2020 was 0.80, a -23.96% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NSE: MAHASTEEL.NS

Mahamaya Steel Industries Limited

CEO	Mr. Rajesh Agrawal
IPO Date	July 1, 2016
Location	India
Headquarters	Urla Industrial Area
Employees	462
Sector	Materials
Industries Steel Construction Construction Materials

Description

Mahamaya Steel Industries Limited manufactures and sells structural steel products in India. The company provides angles, H-beams, joists, channels, billets, blooms, rounds, flats, railway sleepers, strips, girders, etc. It serves construction, automobile, railway, and power industries. The company was formerly known as Rajesh Strips Limited and changed its name to Mahamaya Steel Industries Limited in 2009. Mahamaya Steel Industries Limited was incorporated in 1988 and is based in Raipur, India.

Key trends

Past 5 years