Mahakaal, also known as Mahakaal: The Monster, is a 1993 Indian Hindi-language horror film directed by Shyam Ramsay and Tulsi Ramsay, known as the Ramsay Brothers. The film borrows numerous elements from the 1984 American film A Nightmare on Elm Street and its sequels, including its antagonist, Shakaal—who, like Elm Street's Freddy Krueger, is a razor-gloved killer who can murder people through their dreams.

Mahakaal was the second Bollywood film derived from A Nightmare on Elm Street, following 1989's Khooni Murda, which was produced by Mohan Bhakri. Mahakaal was also the last horror film produced by Shyam and Tulsi Ramsay.