Maharashtra Seamless Ltd (MAHSEAMLES)
₹695.05
Mkt cap
₹9,220 Cr
P/E ratio
12.50
P/B
1.35
Div yield
1.45%
ROE
10.70%
ROCE
14.30%
EPS (TTM)
₹55.60
Book value
₹513
52W range
506–695
Sector
Industrials
Price history
Previous close
Incorporated in 1988, Maharashtra Seamless Ltd manufactures seamless pipes & tubes, ERW pipes. It is also in the business of renewable power generation and rig operations [1]
NSE MAHSEAMLESBSE 500265
Health check
Constructive
ValuationCheap
ProfitabilityAverage
GrowthModerate
TechnicalsBullish
52-week range
0.00% from high₹695
₹506+37.24% from low₹695
Current
₹695.05
Prev close
₹688.00
Day
+1.02%
Price performance
1D
+1.02%
1W
+4.80%
1M
+17.87%
3M
+13.93%
6M
+26.20%
1Y
+7.15%
YTD
+24.32%
Financials
Revenue, profit & margin
P/E ratio
12.5×
MAHSEAMLES is 43% below the sector median of 21.9×
MAHSEAMLES12.5×
Sector median21.9×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,223 | 1,535 | 1,431 | 1,215 | 1,151 | 1,292 | 1,408 | 1,418 | 1,145 | 1,159 | 1,090 | 1,280 | 1,091 | |
| Expenses | 988 | 1,207 | 1,065 | 945 | 1,032 | 1,065 | 1,132 | 1,133 | 980 | 1,040 | 941 | 1,046 | 912 | |
| Operating Profit | 235 | 328 | 366 | 270 | 119 | 227 | 276 | 285 | 165 | 119 | 149 | 234 | 179 | |
| OPM % | 19% | 21% | 26% | 22% | 10% | 18% | 20% | 20% | 14% | 10% | 14% | 18% | 16% | |
| Other Income | 33 | 30 | 35 | 44 | 65 | 91 | 2 | 40 | 160 | 76 | 200 | -51 | 174 | |
| Interest | 7 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | |
| Depreciation | 34 | 26 | 26 | 24 | 25 | 25 | 25 | 25 | 25 | 25 | 29 | 31 | 31 | |
| Profit before tax | 228 | 331 | 374 | 290 | 158 | 292 | 252 | 299 | 300 | 169 | 319 | 151 | 322 | |
| Tax % | 9% | 24% | 26% | 25% | 18% | 25% | 26% | 19% | 23% | 26% | 24% | 32% | 17% | |
| Net Profit | 207 | 251 | 276 | 218 | 129 | 220 | 186 | 242 | 230 | 125 | 243 | 103 | 266 | |
| EPS in Rs | 15.42 | 18.69 | 20.59 | 16.30 | 9.65 | 16.42 | 13.89 | 18.06 | 17.19 | 9.35 | 18.13 | 7.67 | 19.88 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +3.08% · closed higher next day 1 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 7 Aug '26◦ |
| Earnings day | +3.08% |
| +1 day | +0.90% |
| +5 days | +5.48% |
| +15 days | +12.46% |
| +30 days | — |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Results analysis
Shareholding
as of Jun 202670.28%Promoter
Promoters70.28%
FIIs9.72%0.14
DIIs3.84%0.55
Public16.17%0.66
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| WELCORP | ₹2,590.60 | 29.59 | 68,338 | 0.19% | 1,048 | +198.64% | 4,081 | +14.91% | 22.89% |
| APLAPOLLO | ₹2,250.00 | 50.83 | 62,473 | 0.38% | 263 | +10.94% | 5,607 | +8.45% | 31.75% |
| SHYAMMETL | ₹1,065.30 | 26.48 | 29,736 | 0.42% | 351 | +18.11% | 5,455 | +23.45% | 13.01% |
| JINDALSAW | ₹305.30 | 29.88 | 19,524 | 0.66% | 91 | −75.43% | 4,452 | +9.00% | 10.43% |
| RATNAMANI | ₹2,727.00 | 43.56 | 19,114 | 0.37% | 107 | −37.67% | 972 | −15.63% | 17.91% |
| GPIL | ₹240.67 | 19.77 | 16,203 | 0.42% | 222 | +2.68% | 1,750 | +32.29% | 20.53% |
| USHAMART | ₹514.15 | 28.75 | 15,668 | 0.73% | 142 | +40.67% | 1,033 | +16.44% | 19.47% |
| MAHSEAMLES | ₹688.10 | 12.48 | 9,220 | 1.45% | 266 | +15.67% | 1,091 | −4.72% | 14.31% |
| Median: 86 Co. | ₹161.26 | 21.86 | 1,109 | 0.00% | 15 | +30.45% | 223 | +16.27% | 12.98% |
Filings
Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013bseAnnual Report 2013nse
Concall transcripts44
PPTAug 2026RECAug 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025TranscriptAug 2025PPTAug 2025TranscriptJun 2025PPTJun 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024PPTNov 2024RECNov 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024PPTMay 2024TranscriptFeb 2024PPTFeb 2024RECFeb 2024TranscriptNov 2023
Credit ratings6
Announcements5
Reg. 34 (1) Annual Report. 1 SepLetter Sent To Shareholders For Annual Report Web-Link And Path 25 Aug - Issued Annual Report 2025-26 web-link and AGM notice for 38th AGM on 15 September 2026.Announcement under Regulation 30 (LODR)-Newspaper Publication 25 Aug - Newspaper advertisement published in newspaper regarding Notice of Annual General Meeting including e-voting information sent to shareholdersBusiness Responsibility and Sustainability Reporting (BRSR) 24 Aug - Maharashtra Seamless filed its BRSR for FY 2025-26, covering ESG, workforce, governance and safety metrics.Reg. 34 (1) Annual Report. 24 Aug







