Mahamaya Steel Industries Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook
- October 9, 2026
- Posted by: Neeraj Pandey
- Category: Market
CMP Rs 1,070.00 (9 Oct 2026). 52W range Rs 501.25 to Rs 1,421.00. PE 179.28. 2027 base Rs 1,284, bull Rs 1,338.
Quick Answer
The Mahamaya Steel Industries share price forecast for 2027 centres on a conservative case of Rs 1,230, a base case of Rs 1,284 and a bull case of Rs 1,338, against a current price of Rs 1,070.00. These targets scale today’s price by reported EPS growth at a constant PE multiple, so they rest on earnings the company has already delivered, not on broker forecasts. The base case implies 20.0% upside from today’s price. The daily technical setup reads bearish.
Mahamaya Steel Industries share price prediction 2027 comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 1,070.00 on NSE as of 9 October 2026, 24.7% below its 52-week high of Rs 1,421.00, after the company reported net profit of Rs 9.60 crore for FY26.
This Mahamaya Steel Industries stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.
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Mahamaya Steel Industries Share Price Today and Key Data
The Mahamaya Steel Industries share price today is Rs 1,070.00 on NSE, down 1.55% on the day. The market capitalisation stands at Rs 1,791 crore. Over the past year the price has risen 105.3% from Rs 521.30. Every Mahamaya Steel Industries stock forecast figure below starts from this price.
| Metric | Value |
|---|---|
| Company | Mahamaya Steel Industries (MAHASTEEL) |
| Current Price | Rs 1,070.00 |
| 52-Week High | Rs 1,421.00 (1 September 2026) |
| 52-Week Low | Rs 501.25 (9 October 2025) |
| Market Cap | Rs 1,791 crore |
| PE Ratio | 179.28 |
| Industry PE | 22.91 |
| PB Ratio | 12.04 |
| EPS (TTM) | Rs 6.08 |
| Return on Equity | 6.05% |
| Debt to Equity | 0.37 |
| Dividend Yield | 0.00% |
| Book Value per Share | Rs 90.51 |
What Is the Mahamaya Steel Industries Share Price Prediction for 2027?
The Mahamaya Steel Industries share price prediction for 2027 is a conservative case of Rs 1,230, a base case of Rs 1,284 and a bull case of Rs 1,338. Against Rs 1,070.00, these imply 15.0% upside, 20.0% upside and 25.0% upside. They are model scenarios built from reported EPS growth, not broker targets.
| Scenario | EPS Growth Basis | EPS Estimate | PE Multiple | Implied Value | Upside vs Current Price |
|---|---|---|---|---|---|
| Conservative Case | Lower of FY26 growth (26.4%) and 4-year CAGR (15.3%) (capped at 15%) | Rs 6.99 (+15.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 1,230 | +15.0% |
| Base Case | Average of the two (capped at 20%) | Rs 7.30 (+20.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 1,284 | +20.0% |
| Bull Case | Higher of the two (capped at 25%) | Rs 7.60 (+25.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 1,338 | +25.0% |
Each target takes today’s price of Rs 1,070.00 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. Together they form the Mahamaya Steel Industries target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.
Mahamaya Steel Industries Share Price Forecast: What Has to Go Right by 2027
Each Mahamaya Steel Industries target price below depends on a specific EPS outcome, and the text states that outcome next to the number.
Conservative Case for the Mahamaya Steel Industries Share Price Target: Rs 1,230
Reaching Rs 1,230 needs EPS to rise 15.0% to Rs 6.99 while the stock keeps its current PE multiple. That follows the slower 4-year EPS CAGR of 15.3%.
Base Case for the Mahamaya Steel Industries Share Price Target: Rs 1,284
Reaching Rs 1,284 needs EPS to rise 20.0% to Rs 7.30, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of 22.4% in Q1 FY27 is at or above that pace, which supports the target.
Bull Case for the Mahamaya Steel Industries Share Price Target: Rs 1,338
Reaching Rs 1,338 needs EPS to rise 25.0% to Rs 7.60 with the PE multiple held at today’s level. That sits inside the 52-week range of Rs 501.25 to Rs 1,421.00. A daily close above the nearest resistance level of Rs 1,169.99 (50-day SMA) would be the first technical confirmation.
Mahamaya Steel Industries Financial Performance: Revenue, Profit and Margins
Mahamaya Steel Industries earned net profit of Rs 9.60 crore on revenue of Rs 884.42 crore in FY26, with profit up 26.3% and revenue up 10.1% compared with FY25. Diluted EPS was Rs 5.84 against Rs 4.62 a year earlier, and that earnings base anchors the Mahamaya Steel Industries share price forecast.
| Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Operating Margin | Net Margin |
|---|---|---|---|---|---|
| FY22 | 495.76 | 4.90 | 3.31 | 3.56% | 0.99% |
| FY23 | 650.74 | 5.44 | 3.31 | 2.47% | 0.84% |
| FY24 | 785.25 | 6.72 | 4.09 | 2.51% | 0.86% |
| FY25 | 803.00 | 7.60 | 4.62 | 2.72% | 0.95% |
| FY26 | 884.42 | 9.60 | 5.84 | 3.03% | 1.09% |
In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 267.75 crore against Rs 207.12 crore a year earlier (+29.3%), and the bottom line was a net profit of Rs 2.13 crore against a net profit of Rs 1.74 crore (+22.4%). Operating margin was 2.20% versus 2.74% in the year-ago quarter. Cash flow from operations was Rs 7.67 crore in FY26 against Rs 8.85 crore in FY25. Together these figures set the earnings base for the Mahamaya Steel Industries share price prediction.
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Is Mahamaya Steel Industries Overvalued or Undervalued Right Now?
Mahamaya Steel Industries trades at a PE of 179.28 against an industry PE of 22.91, which places the stock at a 682.5% premium to the industry average. The price-to-book ratio is 12.04 on a book value of Rs 90.51 per share. Return on equity of 6.05% means the company earns Rs 6.05 of profit for every Rs 100 of shareholder equity.
Debt to equity is 0.37, so borrowings equal about 37% of shareholder equity. No dividend was declared for FY26. This valuation context frames the Mahamaya Steel Industries stock price prediction for 2027 without relying on any outside forecast.
Mahamaya Steel Industries Stock Analysis: Technical Outlook
Mahamaya Steel Industries stock trades below its 50-day SMA of Rs 1,169.99 and above its 200-day EMA of Rs 924.43, and the combined daily indicators read bearish. The 52-week high of Rs 1,421.00 was set on 1 September 2026, while the 52-week low of Rs 501.25 came on 9 October 2025.
| Indicator | Reading | Signal |
|---|---|---|
| RSI (14) | 39.19 | Weak momentum |
| MACD (12,26,9) | -21.50 vs signal -2.41 | Bearish |
| ADX (14) | 46.16 | Established trend |
| Supertrend (10,3) | Price below Rs 1,236.45 | Bearish |
| 50-day SMA | Rs 1,169.99 | Price below |
| 200-day EMA | Rs 924.43 | Price above |
The nearest support level sits at Rs 924.43 (200-day EMA) and Rs 501.25 (52-week low). The nearest resistance level sits at Rs 1,169.99 (50-day SMA) and Rs 1,236.45 (Supertrend). A sustained move above the nearest resistance would support the Mahamaya Steel Industries share price prediction 2027 base case, and this Mahamaya Steel Industries stock analysis uses daily candles only. Chart signals add context to the Mahamaya Steel Industries share price target without changing the earnings maths.
Mahamaya Steel Industries Shareholding Pattern
Promoters hold 72.80% of Mahamaya Steel Industries as of Jun 2026, unchanged across the last 5 quarters. FII holding is 0.00% (down from 0.55% in Jun 2025) and DII holding is 0.00% (unchanged), which puts combined institutional holding at 0.00%. Public shareholders own 27.19%. Shareholding data is one input for any Mahamaya Steel Industries stock forecast.
Key Risks to the Mahamaya Steel Industries Share Price Target for 2027
Earnings and Margin Risk
Operating margin has ranged from 2.47% to 3.56% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the Mahamaya Steel Industries stock forecast. Revenue was up 10.1% in FY26, and slower revenue growth would weigh on the profit path.
Valuation Risk
The PE of 179.28 is 682.5% above the industry PE of 22.91. Every target here holds the multiple constant, so a narrowing of that premium would leave returns below these targets even if earnings grow as assumed.
Size and Liquidity Risk
Market capitalisation stands at Rs 1,791 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any Mahamaya Steel Industries stock price target.
Balance Sheet Risk
Debt to equity of 0.37 means borrowings stand at about 37% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the Mahamaya Steel Industries share price forecast.
Technical Risk
The daily indicators read bearish, so the targets above may need a technical turn before the price follows earnings. A daily close below Rs 924.43 (200-day EMA) would weaken the setup further.
Conclusion
This Mahamaya Steel Industries stock analysis puts the share price target range for 2027 at Rs 1,230 to Rs 1,338, with a base case of Rs 1,284 against Rs 1,070.00 today. The inputs are a PE of 179.28 that sits at a 682.5% premium to the industry average, EPS growth of 26.4% in FY26 and a daily technical setup that reads bearish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Mahamaya Steel Industries Share Price Prediction 2027
What is the Mahamaya Steel Industries share price target for 2027?
Ans. The Mahamaya Steel Industries share price forecast for 2027 has a conservative case of Rs 1,230, a base case of Rs 1,284 and a bull case of Rs 1,338. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.
What is the Mahamaya Steel Industries share price today?
Ans. Mahamaya Steel Industries trades at Rs 1,070.00 on NSE as of 9 October 2026, down 1.55% on the day. The 52-week range is Rs 501.25 to Rs 1,421.00.
Is Mahamaya Steel Industries a good stock to buy for 2027?
Ans. The data points in different directions: the PE of 179.28 is at a 682.5% premium to the industry average, EPS grew 26.4% in FY26 and the daily technical setup reads bearish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.
Can Mahamaya Steel Industries stock reach Rs 1,338 in 2027?
Ans. Reaching Rs 1,338 needs EPS to rise 25.0% from Rs 6.08 with the PE multiple held at today’s level, plus a daily close above Rs 1,169.99 (50-day SMA). This is a scenario, not a guarantee.
What are the support and resistance levels for Mahamaya Steel Industries?
Ans. The nearest support levels are Rs 924.43 (200-day EMA) and Rs 501.25 (52-week low), and the nearest resistance levels are Rs 1,169.99 (50-day SMA) and Rs 1,236.45 (Supertrend).
What are the main risks for Mahamaya Steel Industries stock in 2027?
Ans. The main risks to the Mahamaya Steel Industries share price forecast are a fall in operating margin from the 2.47% to 3.56% range seen since FY22, slower revenue growth after FY26 revenue was up 10.1%, and thin trading volumes. Debt to equity of 0.37 adds balance sheet sensitivity.
How is the Mahamaya Steel Industries target price for 2027 calculated?
Ans. Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 15.0% growth, the base case 20.0% and the bull case 25.0%, all drawn from the company’s reported FY26 and 4-year EPS growth.
