Stock Movement
The share of Magnus Steel & Infra Ltd surged 5% to hit the upper circuit on Thursday, reaching a day‑high of Rs 52.04 from the prior close of Rs 49.57. The stock’s market capitalisation stands at Rs 18 crore and it has delivered a 444.92% total return over the past twelve months.
Q1 FY27 Financial Results
Revenue for the quarter rose 2.24% quarter‑on‑quarter to Rs 7.30 crore, representing a 274% increase year‑on‑year from Rs 1.95 crore in Q1 FY26. EBITDA grew 58.55% QoQ to Rs 2.41 crore and 402% YoY from Rs 0.48 crore a year earlier. Net profit climbed 58.55% QoQ to Rs 2.41 crore and surged 488% YoY from Rs 0.41 crore in Q1 FY26, delivering earnings per share of Rs 0.46, up 58.62% QoQ and 475% YoY from Rs 0.08 a year ago.
Shareholding Pattern
As of Q1 FY27, promoter ownership fell sharply to 12.19% from 47.60% in the preceding quarter, while public shareholding rose to 87.81% from 52.40%. No holdings were reported by foreign institutional investors (FIIs) or domestic institutional investors (DIIs) during the quarter.
Valuation and Financial Ratios
The stock trades at a price‑to‑earnings multiple of 2.70×, well below the industry average of 30.1×, indicating an attractive valuation. Return on capital employed stands at 171% and return on equity at 465%, while the debt‑to‑equity ratio is 0.52, reflecting a manageable leverage profile.
Company Profile
Magnus Steel & Infra Ltd, incorporated in 1978, operates primarily in the trading segment of the iron and steel industry, supplying steel products to industrial and development projects. The company has recently transformed its business focus from information technology and agro‑products to steel and infrastructure.