Steel - Rolling Stocks in India
Steel - Rolling: Mahamaya Steel Industries Ltd owns the largest revenue base AND the fastest current growth.
Nifty Steel - Rolling Index — Constituents & Performance
All 1 listed Indian Steel - Rolling companies are named here, largest first — the same constituent set people search for as the Nifty Steel - Rolling index. Every figure on this page is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
- Mahamaya Steel Industries Ltd₹1.8K Cr
Is Steel - Rolling outperforming NIFTY 500?
Steel - Rolling has outperformed NIFTY 500 by 199.2% over the last 52 weeks. Over 13 weeks the gap is a lead of 23.9%. 1 of 1 covered company currently beats NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Mahamaya Steel Industries Ltd is the strongest against the sector itself at 0%.
Sector metric: 22.8 as of 2026-08-09 · LEADERS · rising.
The central tension: current leadership is concentrated, so durability matters more than rank.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
Steel - Rolling has outperformed NIFTY 500 by 199.2% over 52 weeks and 23.9% over 13 weeks. 1 of 1 covered companies beat NIFTY on Mansfield relative strength, while 0 of 1 beat the sector itself. Mahamaya Steel Industries Ltd leads with revenue of ₹943 crore, based on 1 of 1 comparable companies through Jun 2026.
Best Steel - Rolling Stocks in India (Aug 2026), Ranked by Data
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Top 10 Steel - Rolling Stocks in India
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Mahamaya Steel Industries LtdMAHASTEEL | 47.4/100Mixed-negative evidence84% evidence | TURNING | 23.4/35 Revenue 18.3% · PAT 17.9% · OPM change -0.2 pp 95% evidence | 4.8/25 ROCE 8.4% · OPM 2.1% 95% evidence | 6.7/20 P/E 176× · PEG — 35% evidence | 12.5/20 RS sector 0% · RS bench 35.9% · 1Y 188.3%4 of 12 weeks ahead 100% evidence |
| Exact sum: 23.4 + 4.8 + 6.7 + 12.5 = 47.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Market action
Mahamaya Steel Industries Ltd has the strongest one-year price move in Steel - Rolling at +188.3%. It also leads on Mansfield relative strength against NIFTY at +35.9%. 1 of 1 covered company is above zero on that measure. Every line covers 313 weekly closes through 2026-08-14.
Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Steel - Rolling itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
Steel - Rolling — the story behind the numbers
This is the written read behind the Steel - Rolling figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 17 Apr 2026, so the words are older than the numbers. 3 themes are live here, 1 of them rated high severity.
The Steel - Rolling sector, represented by MAHASTEEL this week, is showing signs of an IMPROVING demand environment despite severe margin pressures. MAHASTEEL reported a consolidated revenue of ₹224.11 crore for Q3 FY26, marking a 12.15% YoY increase and an 18.85% QoQ growth.
How old this read is: STALE — this read comes from our Steel - Rolling sector brief dated 17 Apr 2026, about 4 months ago. The page says so rather than dressing it up, and a fresh sector dive replaces it the day it runs.
What is live in this sector right now
| Live theme | Severity | Evidence on file |
|---|---|---|
| Volatile raw material costs and weak steel prices are compressing operating margins to 2.61%.Named for MAHASTEEL | high | Focus on operational efficiency and cost management. |
| Regional conflicts in the Middle East are causing LNG shortages and production cuts for small Indian steelmakers.Named for MAHASTEEL | medium | No further detail is on file for this theme. |
| NSE imposed a fine of ₹1,53,400 for a 26-day delay in submitting half-yearly results.Named for MAHASTEEL | low | The company has paid the fine and attributed the delay to technical portal issues. |
Sources: our Steel - Rolling sector brief, 17 Apr 2026.
Revenue Scale & Growth Durability
Mahamaya Steel Industries Ltd is the only Steel - Rolling company on this page, with Revenue of ₹943 crore. The same company also holds the highest Revenue growth, at 18.3%. That is the only usable Revenue reading on this page, current through Jun 2026. Its Revenue series carries 15 reported observations across the 20-quarter window.
What the numbers say: Mahamaya Steel Industries Ltd is the scale leader at ₹943 crore, Mahamaya Steel Industries Ltd's growth is 18.3% from a ₹943 crore base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
Investor read: Mahamaya Steel Industries Ltd is the scale benchmark; Mahamaya Steel Industries Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Mahamaya Steel Industries Ltd's growth falls below Mahamaya Steel Industries Ltd's for two consecutive comparable reports while operating margin also compresses.
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Mahamaya Steel Industries Ltd MAHASTEEL⚠ unverified | ₹268 Cr | 29% | Jun 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
Revenue growth · reported quarter history
Mahamaya Steel Industries Ltd · MAHASTEEL⚠ unverified
Operating Economics & Margin Trend
Mahamaya Steel Industries Ltd is the only Steel - Rolling company on this page, with OPM of 2.1%. The same company also holds the highest Margin change, at -0.2 percentage points. That is the only usable OPM reading on this page, current through Jun 2026. Its OPM series carries 20 reported observations across the 20-quarter window.
What the numbers say: Mahamaya Steel Industries Ltd leads both opm at 2.1% and margin change at -0.2 percentage points.
Investor read: Mahamaya Steel Industries Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
All-company data · latest reported quarter
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Mahamaya Steel Industries Ltd MAHASTEEL⚠ unverified | 2.2% | −0.2 pp | Jun 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
Mahamaya Steel Industries Ltd · MAHASTEEL⚠ unverified
Margin change · reported quarter history
Mahamaya Steel Industries Ltd · MAHASTEEL⚠ unverified
Profit Scale & Acceleration
Mahamaya Steel Industries Ltd is the only Steel - Rolling company on this page, with Net profit of ₹10 crore. The same company also holds the highest Profit growth, at 17.9%. That is the only usable Net profit reading on this page, current through Jun 2026. Its Net profit series carries 15 reported observations across the 20-quarter window.
What the numbers say: Mahamaya Steel Industries Ltd leads with ₹10 crore of TTM profit, Mahamaya Steel Industries Ltd shows 17.9% growth from a ₹10 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
Investor read: Mahamaya Steel Industries Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Mahamaya Steel Industries Ltd MAHASTEEL⚠ unverified | ₹2 Cr | 22% | Jun 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
Mahamaya Steel Industries Ltd · MAHASTEEL⚠ unverified
Profit growth · reported quarter history
Mahamaya Steel Industries Ltd · MAHASTEEL⚠ unverified
Return On Capital Employed
Mahamaya Steel Industries Ltd is the only Steel - Rolling company on this page, with ROCE of 8.4%. The same company also holds the highest ROCE change, at +2 percentage points. That is the only usable ROCE reading on this page, current through Jun 2026. Its ROCE series carries 15 reported observations across the 20-quarter window.
What the numbers say: Mahamaya Steel Industries Ltd leads ROCE at 8.4%. Mahamaya Steel Industries Ltd has the strongest latest improvement at +2 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
Investor read: Mahamaya Steel Industries Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
All-company data · latest reported quarter
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Mahamaya Steel Industries Ltd MAHASTEEL⚠ unverified | 8.6% | +2.0 pp | Jun 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
Mahamaya Steel Industries Ltd · MAHASTEEL⚠ unverified
ROCE change · reported quarter history
Mahamaya Steel Industries Ltd · MAHASTEEL⚠ unverified
Valuation Against Growth & Quality
No company in this Steel - Rolling comparison reports a valuation figure this section can compare, so the PEG rank is empty. On P/E, Mahamaya Steel Industries Ltd is lowest at 176×, across 1 of 1 company with a usable reading. PEG asks what price is being paid for growth; P/E keeps that answer anchored to the actual earnings multiple.
What the numbers say: There is not enough comparable evidence to name a reliable peg leader.
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
All-company data · latest reported quarter
| Company | PEG | P/E | Reported |
|---|---|---|---|
| Mahamaya Steel Industries Ltd MAHASTEEL⚠ unverified | — | 142.9 | Jun 2026 |
Full 20-quarter history · every available company
No consistent historical series is available for peg.
P/E · reported quarter history
Mahamaya Steel Industries Ltd · MAHASTEEL⚠ unverified
What can make this comparison misleading?
This Steel - Rolling comparison names 6 specific ways its own evidence can mislead, all listed below. The one company here reports on comparable dates, so no rank carries a stale marker. 1 draws at least one figure from a second feed with too little overlap to cross-check. A high growth rate can still be a low-base artefact.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
- Thin comparisons: Valuation have fewer than three usable current readings.
How was this comparison built?
This comparison is built from the reported filings of 1 Steel - Rolling company, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-14. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
How a second data feed is admitted, and what happens when it disagrees
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.
Steel - Rolling company comparison FAQs
These 21 answers restate the Steel - Rolling comparison above in question form. Every one is computed from the same 1 company and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-14. Nothing here is estimated, and none of it is a recommendation.
Is the Steel - Rolling sector outperforming NIFTY 500?
Steel - Rolling has outperformed NIFTY 500 by 199.2% over 52 weeks and 23.9% over 13 weeks. 1 of 1 covered companies beat NIFTY on Mansfield relative strength, while 0 of 1 beat the sector itself.
Which Steel - Rolling company is largest by revenue?
Mahamaya Steel Industries Ltd leads with revenue of ₹943 crore, based on 1 of 1 comparable companies through Jun 2026.
Which Steel - Rolling company is growing fastest?
Mahamaya Steel Industries Ltd has the fastest current revenue growth at 18.3%, across 1 of 1 comparable companies.
Which Steel - Rolling company has the strongest 4-Factor Sector Score?
Mahamaya Steel Industries Ltd ranks first at 47.4/100 with 84% evidence confidence. The score prioritizes research; it is not a buy recommendation.
How much history does this Steel - Rolling comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Is there a Nifty Steel - Rolling index?
NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Steel - Rolling, this page builds its own equal-weight basket of 1 listed Steel - Rolling companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.
Which are the best Steel - Rolling stocks in India?
Ranked by this page's four-factor score, Mahamaya Steel Industries Ltd places first among 1 listed Steel - Rolling companies. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Steel - Rolling stocks are listed in India?
This comparison covers 1 listed Steel - Rolling companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which Steel - Rolling company is the biggest?
Mahamaya Steel Industries Ltd is the largest, with trailing-twelve-month revenue of ₹943 crore. That covers 1 of 1 companies with comparable reporting through Jun 2026.
Which Steel - Rolling company has the best profit margins?
Mahamaya Steel Industries Ltd has the highest operating margin at 2.1%, from 1 of 1 comparable companies. Mahamaya Steel Industries Ltd shows the biggest recent improvement, at -0.2 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Steel - Rolling company makes the most profit?
Mahamaya Steel Industries Ltd earns the most, at ₹10 crore of trailing-twelve-month net profit, from 1 of 1 comparable companies. Mahamaya Steel Industries Ltd has the fastest profit growth at 17.9%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Steel - Rolling company earns the highest return on capital?
Mahamaya Steel Industries Ltd leads on return on capital employed at 8.4%, across 1 of 1 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Is the Steel - Rolling sector beating the market?
Steel - Rolling has outperformed NIFTY 500 by 199.2% over the last 52 weeks and 23.9% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 1 of 1 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Steel - Rolling stock has the strongest price momentum?
Mahamaya Steel Industries Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Steel - Rolling company scores highest for research priority?
Mahamaya Steel Industries Ltd scores 47.4 out of 100 with 84% evidence confidence, from 23.4 points on growth and earnings, 4.8 on capital efficiency, 6.7 on valuation and 12.5 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Steel - Rolling companies does this comparison cover, and over what period?
It compares 1 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Steel - Rolling sector?
The 1 Steel - Rolling companies on this page carry ₹1,752 crore of combined market value. Mahamaya Steel Industries Ltd is the largest at ₹1,752 crore, about 100% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-18.
How is the Steel - Rolling sector performing?
1 of the 1 covered Steel - Rolling companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 199.2% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-18.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.