Mahamaya Steel Industries Limited has announced its sales performance for February 2026, disclosing monthly sales figures in compliance with regulatory requirements. The company reported sales of 21100.750 MT for the month, as communicated to stock exchanges on March 5, 2026.

Regulatory Compliance and Disclosure

The sales figures were disclosed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The announcement was simultaneously communicated to both BSE Limited and National Stock Exchange of India Limited, ensuring transparency for investors and stakeholders.

Company Operations and Manufacturing

Mahamaya Steel Industries operates from its registered office and manufacturing facility located at Urla Industrial Complex in Raipur, Chhattisgarh. The company maintains ISO 9001:2015 certification and adheres to IS 2062:2011 standards for its steel products.

The company manufactures a diverse range of steel products including:

• Joists and channels
• Angles and flats
• Round steel products
• Crossing sleeper bars
• Blooms and billets

Market Position and Client Base

Mahamaya Steel Industries serves as an approved supplier to several major organizations across various sectors. The company's client portfolio includes prominent names such as BSP, BHEL, DGS&D, DMRC, SAIL, RIL, NTPC, SEBs, RDSO, CORE, ONGC, GAIL, and EIL, demonstrating its established presence in the steel manufacturing sector.

Corporate Information

The disclosure was signed by Jaswinder Kaur Mission, Company Secretary and Compliance Officer, highlighting the company's commitment to regulatory compliance and transparent communication with stakeholders. The company trades on BSE with scrip code 513554 and on NSE under the symbol MAHASTEEL.

Mahamaya Steel Industries Limited has delivered impressive financial performance for the third quarter of FY26, demonstrating strong growth across key metrics. The Raipur-based steel manufacturer announced its unaudited results for the quarter and nine months ended December 31, 2025, showcasing significant improvements in both revenue and profitability.

Strong Revenue Growth in Q3FY26

The company's standalone revenue from operations reached ₹22,411.06 lakhs in Q3FY26, representing a substantial increase from ₹19,982.58 lakhs in the corresponding quarter of the previous year. This growth trajectory continued from the sequential improvement seen in Q2FY26, where revenue stood at ₹18,856.98 lakhs.

Exceptional Profitability Improvement

The company's net profit performance was particularly noteworthy, with standalone net profit reaching ₹160.87 lakhs in Q3FY26, marking a remarkable 56.24% increase compared to ₹102.92 lakhs in Q3FY25. The profit margin improvement reflects enhanced operational efficiency and better cost management across the steel manufacturing operations.

Nine-Month Performance Highlights

For the nine-month period ended December 31, 2025, Mahamaya Steel Industries demonstrated consistent growth momentum. Total income for the period reached ₹62,006.08 lakhs compared to ₹56,577.80 lakhs in the corresponding period of the previous year.

The nine-month net profit more than doubled to ₹467.26 lakhs from ₹200.48 lakhs, representing an exceptional growth of 133.08%. This performance translated to earnings per share of ₹2.84 compared to ₹1.22 in the previous year.

Consolidated Results Show Enhanced Performance

The consolidated financial results, which include the performance of associate company Abhishek Steel Industries Private Limited, showed even stronger metrics. Consolidated net profit for Q3FY26 reached ₹190.75 lakhs compared to ₹109.29 lakhs in Q3FY25. For the nine-month period, consolidated net profit stood at ₹552.87 lakhs against ₹219.36 lakhs in the previous year.

Operational Efficiency and Cost Management

The company's improved profitability stems from effective cost management strategies. While the cost of materials consumed increased to ₹18,624.03 lakhs in Q3FY26 from ₹16,845.37 lakhs in Q3FY25, the company benefited from favorable inventory changes of ₹915.25 lakhs compared to ₹522.43 lakhs in the previous year. Employee benefit expenses rose to ₹569.84 lakhs from ₹319.69 lakhs, reflecting business expansion and operational scaling.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on February 13, 2026. The company operates primarily in the steel segment, manufacturing products including joists, channels, angles, flats, rounds, crossing sleeper bars, blooms, and billets, serving major clients including BSP, BHEL, DMRC, SAIL, RIL, NTPC, and ONGC.