Mahamaya Steel Industries Approves Annual and Quarterly Financial Results for March 2026
Mahamaya Steel Industries Limited announced that its Board of Directors met on May 26, 2026, approving the audited standalone and consolidated financial results, along with the statements of assets and liabilities and cash flow statements, for the quarter and the year ended March 31, 2026.During the meeting, the Board also considered and approved the statutory auditors' report for the year ended March 31, 2026.
The Board further approved key corporate appointments for the Financial Year 2026-27. M/s Sanat Joshi & Associates was approved as the Cost Auditor, and Mr. Subhash Rao was approved as the Internal Auditor.
Financial Results Summary (Rs. in Lakhs)
The Board’s approval covered results for the quarter and year ended March 31, 2026. The audited and reviewed results show key figures across various financial statements:Standalone and Consolidated Results for the Quarter and Year Ended March 31, 2026
| Metric | Standalone Standalone (31.03.2026) | Standalone (31.03.2025) | Consolidated (31.03.2026) | Consolidated (31.03.2025) |
|---|---|---|---|---|
| Total Income from Operations (net) | 26,436.32 | 22,420.34 | 23,721.92 | 88,442.40 |
| Total Expenses | 25,869.82 | 22,196.06 | 23,187.37 | 79,480.10 |
| Net Profit from Ordinary Activities after tax | 406.60 | 160.87 | 124 | 19.28 |
| Total Comprehensive Income after tax | 423.26 | 160.87 | 431.51 | 772.31 |
| Earnings Per Share (Basic) | 2.47 | 0.98 | 2.55 | 4.62 |
Statement of Assets & Liabilities as on March 31, 2026
The company reported a total asset value of 27,027.25 lakh in its consolidated books as of March 31, 2026, compared to 24,410.14 lakh on the same date in 2025.
| Category | Standalone (31.03.2026) | Consolidated (31.03.2026) |
|---|---|---|
| Total Assets | 23,422.73 | 27,027.25 |
| Total Equity and Liabilities | 23,422.73 | 27,027.25 |
Cash Flow from Operating Activities
The net cash generated from operating activities reached 767.29 lakh for the year ended March 31, 2026, and 1,102.10 lakh for the quarter.
Financial Health and Borrowings
The financial records also provide details on the company's debt structure for the financial year ended March 31, 2026.| Particulars | Value (Rs. in Crores) |
|---|---|
| Outstanding Qualified Borrowings at the start of the financial year | 4.21 Crores |
| Outstanding Qualified Borrowings at the end of the financial year | 18.78 Crores |
| Incremental borrowings done during the year (qualified borrowings) | 0.62 Crores |
Corporate Updates
The Board meeting meeting commenced at 1:30 pm and concluded at 2:10 pm.In addition to the financial results, the company adopted the details of Outstanding Qualified Borrowings and Incremental Qualified Borrowings. The results and auditor reports are provided in both standalone and consolidated formats, including statements of assets & liabilities and cash flow statements.
MAHASTEEL Stock Price Movement
Today, Mahamaya Steel Industries Limited shares settled at ₹899, gaining ₹26.40 in post-market trading to achieve a 3.03% increase. The equity was supported by solid trading action, processing a total volume of 6,795 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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