Mahamaya Steel Industries (BOM:513554) Days Payable: 11.27 (As of Mar. 2026) — Near Median


BOM:513554 Mahamaya Steel Industries Ltd BOM:513554
52 GF Score
Price ₹795.45
GF Value ₹246.29
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Mahamaya Steel Industries Days Payable?

Mahamaya Steel Industries BOM:513554 +0.70% 52 Days Payable is 11.27 as of Mar. 2026, which is 3% below its 10-year median of 11.61. GuruFocus rates BOM:513554 with a GF Score™ of 52/100 and a GF Value™ of ₹246.29 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 597 Steel companies, Mahamaya Steel Industries ranks worse than 86.77% on this metric.

Mahamaya Steel Industries's average Accounts Payable for the three months ended in Mar. 2026 was ₹240 Mil. Mahamaya Steel Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,942 Mil. Hence, Mahamaya Steel Industries's Days Payable for the three months ended in Mar. 2026 was 11.27.

The historical rank and industry rank for Mahamaya Steel Industries's Days Payable or its related term are showing as below:

BOM:513554' s Days Payable Range Over the Past 10 Years
Min: 6.79   Med: 11.61   Max: 26.27
Current: 13.28

During the past 13 years, Mahamaya Steel Industries's highest Days Payable was 26.27. The lowest was 6.79. And the median was 11.61.

BOM:513554's Days Payable is ranked worse than
86.77% of 597 companies
in the Steel industry
Industry Median: 41.39 vs BOM:513554: 13.28

Mahamaya Steel Industries's Days Payable declined from Mar. 2025 (11.47) to Mar. 2026 (11.27). It may suggest that Mahamaya Steel Industries accelerated paying its suppliers.


Mahamaya Steel Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Mahamaya Steel Industries's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mahamaya Steel Industries Days Payable Chart

Mahamaya Steel Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.33 7.13 7.83 10.65 12.57

Mahamaya Steel Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.47 13.40 16.29 13.74 11.27

BOM:513554 vs NUE, STLD, RS: Days Payable Comparison

For the Steel subindustry, Mahamaya Steel Industries's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mahamaya Steel Industries Days Payable vs Steel Industry

For the Steel industry and Basic Materials sector, Mahamaya Steel Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Mahamaya Steel Industries's Days Payable falls into.


BOM:513554
52GF Score
Mahamaya Steel Industries Ltd BOM:513554
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahamaya Steel Industries Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Mahamaya Steel Industries's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (241.459 + 239.86) / 2 ) / 6990.351*365
=240.6595 / 6990.351*365
=12.57

Mahamaya Steel Industries's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 239.86) / 1 ) / 1941.558*365 / 4
=239.86 / 1941.558*365 / 4
=11.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 11.27 mean?
Mahamaya Steel Industries (BOM:513554) has a Days Payable of 11.27 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mahamaya Steel Industries and its competitors. This is near median its historical median of 11.61. Over the past decade, Mahamaya Steel Industries' Days Payable has ranged from 6.79 to 26.27. According to the industry distribution chart, Mahamaya Steel Industries ranks #518 out of 597 companies in the Steel industry, placing it in the top 86.8%.
Is Mahamaya Steel Industries' Days Payable too high?
Mahamaya Steel Industries' current Days Payable of 11.27 is near median its 10-year median of 11.61. Over the past 10 years, this metric has ranged from a low of 6.79 to a high of 26.27. The Steel industry median Days Payable is 41.39. Mahamaya Steel Industries' value of 11.27 is 72.8% below this industry median. Based on the distribution chart, Mahamaya Steel Industries ranks #518 out of 597 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Mahamaya Steel Industries has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mahamaya Steel Industries' Days Payable compare to NUE and STLD?
According to the Steel industry distribution chart, Mahamaya Steel Industries ranks #518 out of 597 companies for Days Payable. This places Mahamaya Steel Industries in the lower half of its industry. The industry median Days Payable is 41.39. Mahamaya Steel Industries' value of 11.27 is 72.8% below this benchmark. Historically, Mahamaya Steel Industries' own Days Payable has ranged from 6.79 to 26.27 over the past decade. While the company's 10-year median is 11.61 vs. the industry median of 41.39, Mahamaya Steel Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Steel company?
The median Days Payable among Steel companies is 41.39, based on 597 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mahamaya Steel Industries's current Days Payable of 11.27 is 72.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Mahamaya Steel Industries and its competitors. For the Steel industry, the median Days Payable is 41.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahamaya Steel Industries's current Days Payable is 11.27, which is near median its own 10-year median of 11.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahamaya Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Mahamaya Steel Industries (BOM:513554) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹246.29, compared to a current price of ₹795.45 — trading 223% above its estimated fair value. The current Days Payable is 11.27, which is near median its 10-year median of 11.61 and 72.8% below the Steel industry median of 41.39. Mahamaya Steel Industries' overall GF Score™ is 52/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Mahamaya Steel Industries (BOM:513554), the current Days Payable is 11.27 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mahamaya Steel Industries (BOM:513554) Overvalued in 2026?

Based on GuruFocus' analysis, Mahamaya Steel Industries stock appears to be overvalued. The current stock price of ₹795.45 is trading 223% above its estimated GF Value™ of ₹246.29. GuruFocus considers Mahamaya Steel Industries to be Significantly Overvalued.

Key valuation signals for BOM:513554:

  • Days Payable: 11.27 (near median its 10-year median of 11.61)
  • GF Value™: ₹246.29 vs. price of ₹795.45 (223% above fair value)
  • GF Score™: 52/100 with 2 warning signs
  • Industry Position: 72.8% below the Steel median (#518 of 597)

No single metric tells the full story. See the BOM:513554 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mahamaya Steel Industries Business Description

Other Exchanges MAHASTEEL:India
Address B/8-9, Sector - C, Urla Industrial Area, Sarora, Raipur, CT, IND, 493 221
Mahamaya Steel Industries Ltd is engaged in the manufacturing of steel structures in the shape of angles, beams, joists, channels, rounds, flats, and railway sleepers among others. It has high-capacity structural rolling mills with full-fledged supportive SMS.
52GF Score

Get the complete analysis for BOM:513554

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹795.45
Price
₹246.29
GF Value