| Quarterly Financials | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
Revenue  | 651 | 739 | 801 | 959 | 715 | 810 | 585 | 586 | 476 | 614 | 585 | 721 | 722 | 983 | 1,162 | 1,454 | 1,353 | 1,432 | 1,357 | 1,660 | 1,256 | 1,565 | 1,466 | 1,259 | 1,216 | 1,383 | 1,410 | 1,458 | 1,305 | 1,234 | 1,290 | 1,232 | 1,266 |
| Expenses | 462 | 570 | 625 | 942 | 552 | 633 | 460 | 738 | 365 | 459 | 480 | 743 | 570 | 816 | 979 | 1,262 | 1,115 | 1,172 | 1,100 | 1,319 | 988 | 1,208 | 1,065 | 945 | 1,032 | 1,065 | 1,132 | 1,133 | 980 | 1,040 | 941 | 1,049 | 912 |
| EBITDA | 189 | 169 | 176 | 17 | 162 | 177 | 125 | -152 | 111 | 156 | 105 | -22 | 152 | 167 | 183 | 192 | 238 | 261 | 257 | 341 | 269 | 358 | 401 | 314 | 184 | 318 | 278 | 325 | 325 | 195 | 349 | 183 | 354 |
| Operating Profit % | 24 % | 18 % | 20 % | 2 % | 21 % | 20 % | 19 % | -25 % | 21 % | 21 % | 15 % | -5 % | 17 % | 14 % | 14 % | 12 % | 16 % | 17 % | 18 % | 19 % | 19 % | 21 % | 26 % | 22 % | 10 % | 18 % | 20 % | 20 % | 14 % | 10 % | 14 % | 18 % | 16 % |
| Depreciation | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 28 | 29 | 29 | 36 | 27 | 35 | 34 | 34 | 35 | 35 | 34 | 35 | 34 | 34 | 26 | 26 | 24 | 25 | 25 | 25 | 25 | 25 | 25 | 29 | 31 | 31 |
| Interest | 2 | 12 | 5 | 20 | 18 | 16 | 16 | 14 | 16 | 15 | 13 | 12 | 11 | 11 | 12 | 12 | 11 | 13 | 9 | 6 | 7 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 |
| Profit Before Tax | 168 | 137 | 151 | -22 | 125 | 141 | 89 | -194 | 66 | 112 | 56 | -62 | 106 | 122 | 136 | 146 | 193 | 218 | 213 | 301 | 228 | 331 | 374 | 290 | 158 | 292 | 252 | 299 | 300 | 169 | 320 | 151 | 322 |
| Tax | 58 | 47 | 50 | 77 | 48 | -43 | 24 | 17 | 21 | 29 | 3 | -2 | 10 | 27 | 32 | -250 | 53 | 56 | 53 | -72 | 21 | 81 | 98 | 72 | 29 | 72 | 66 | 57 | 69 | 44 | 77 | 48 | 56 |
| Net Profit | 110 | 90 | 101 | -99 | 77 | 184 | 65 | -211 | 45 | 83 | 53 | -60 | 96 | 95 | 104 | 396 | 140 | 161 | 160 | 373 | 207 | 251 | 276 | 218 | 129 | 220 | 186 | 242 | 230 | 125 | 243 | 103 | 266 |
| EPS in ₹ | 16.44 | 13.75 | 15.21 | -10.44 | 11.54 | 27.62 | 9.76 | -36.40 | 2.86 | 12.47 | 7.89 | -8.59 | 14.30 | 13.57 | 14.13 | 29.31 | 22.87 | 26.36 | 11.91 | 27.61 | 15.41 | 18.69 | 20.59 | 16.30 | 9.65 | 16.42 | 13.89 | 18.06 | 17.19 | 9.35 | 18.12 | 7.67 | 19.88 |
Maharashtra Seamless
Maharashtra Seamless
607.85
+18.15
(3.08%)
Market Cap
8,145.14 Cr
PE Ratio
11.28
Volume
3,71,775.00
Day High - Low
617.90 - 589.20
52W High-Low
698.00 - 500.70
Q1 Quarterly Results are out. Check out the updated financials1 day ago
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Key Fundamentals
Market Cap
8,145.14 Cr
EPS
52.33
PE Ratio
11.28
PB Ratio
1.15
Book Value
512.89
EBITDA
664.60
Dividend Yield
1.69 %
Industry
Industrial Products Sector
Iron & Steel Products Return on Equity
12.26
Debt to Equity
0.00
Actual
Company News
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Maharashtra Seamless Limited has uploaded the audio recording of its Q1FY27 earnings conference call held on August 8, 2026, on its website for investor access.
Maharashtra Seamless Limited has fixed September 1, 2026, as the record date to determine shareholders eligible for the financial year 2025-26 dividend. The dividend will be paid on or after September 17, 2026, if declared at the upcoming AGM.
Maharashtra Seamless reports standalone net profit of ₹270.78 crore in Q1FY27, up 15.79% YoY. Revenue from operations stood at ₹1,091.20 crore. Board also approved two new director appointments.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
2,020.00 | #1 56,087.00 | 44.37 | #1 22,383.60 | 7.69 | 1,223 | 10.92 | 70.39 | |
1,848.50 | 48,761.70 | 20.92 | 16,905.40 | 19.33 | #1 1,621 | #1 200.09 | 75.24 | |
1,003.10 | 27,999.72 | 24.97 | 18,755.80 | #1 21.88 | 1,060 | 20.64 | 47.46 | |
279.05 | 17,845.48 | 28.91 | 17,986.90 | -14.13 | 925 | -78.15 | 65.89 | |
237.15 | 15,962.51 | 20.23 | 5,380.65 | -1.66 | 856 | 2.77 | 36.17 | |
2,269.10 | 15,904.58 | 30.02 | 4,615.90 | -12.01 | 535 | -15.81 | 33.83 | |
516.80 | 15,749.06 | 30.92 | 3,759.90 | 7.01 | 491 | 40.87 | 58.31 | |
591.20 | 14,264.53 | 33.56 | 4,418.92 | 2.57 | 446 | -28.83 | 42.47 | |
91.49 | 8,883.66 | 15.89 | 2,666.90 | -12.30 | -94 | 108.49 | 54.57 | |
607.85 | #10 8,145.14 | #1 11.28 | #6 4,674.34 | #10 -14.48 | #6 745 | #5 15.68 | 60.65 |
Growth Rate
Revenue Growth
-14.48 %
Net Income Growth
-4.12 %
Cash Flow Change
-41.46 %
ROE
-26.19 %
ROCE
-25.89 %
EBITDA Margin (Avg.)
-35.76 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| Total Assets | 4,026 | 4,000 | 3,856 | 4,040 | 4,795 | 5,239 | 5,356 | 5,388 | 5,859 | 6,583 | 7,033 | 7,739 |
| Fixed Assets | 1,472 | 1,407 | 1,095 | 1,235 | 1,173 | 2,364 | 2,268 | 2,135 | 2,016 | 1,950 | 1,864 | 1,935 |
| Current Assets | 1,409 | 1,429 | 1,437 | 1,466 | 2,388 | 1,820 | 2,148 | 2,647 | 3,208 | 3,609 | 4,435 | 5,558 |
| Capital Work in Progress | 38 | 31 | 119 | 17 | 23 | 29 | 9 | 13 | 14 | 3 | 14 | 72 |
| Investments | 311 | 1,412 | 1,529 | 1,461 | 1,276 | 1,007 | 1,071 | 646 | 1,177 | 2,098 | 2,892 | 1,139 |
| Other Assets | 2,206 | 1,150 | 1,113 | 1,326 | 2,322 | 1,840 | 2,008 | 2,593 | 2,651 | 2,533 | 2,263 | 0 |
| Total Equity & Liabilities | 4,026 | 4,000 | 3,856 | 4,040 | 4,795 | 5,239 | 5,356 | 5,388 | 5,859 | 6,583 | 7,033 | 7,739 |
| Current Liabilities | 541 | 575 | 668 | 361 | 602 | 964 | 1,049 | 784 | 543 | 430 | 271 | 392 |
| Non Current Liabilities | 550 | 515 | 442 | 749 | 1,123 | 1,070 | 1,007 | 619 | 542 | 422 | 422 | 470 |
| Total Equity | 2,934 | 2,910 | 2,746 | 2,930 | 3,070 | 3,205 | 3,299 | 3,984 | 4,774 | 5,731 | 6,340 | 6,877 |
| Reserve & Surplus | 2,763 | 2,668 | 2,650 | 2,897 | 3,037 | 3,171 | 3,265 | 3,951 | 4,707 | 5,664 | 6,273 | 6,810 |
| Share Capital | 171 | 243 | 96 | 34 | 34 | 34 | 34 | 34 | 67 | 67 | 67 | 67 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 2 | -6 | 2 | 10 | 44 | 25 | -21 | 8 | -17 | 0 | -13 |
| Investing Activities | -630 | 12 | -107 | 13 | -161 | -730 | -183 | 563 | -386 | -722 | -486 |
| Operating Activities | 104 | 122 | 241 | 93 | -183 | 748 | 447 | -269 | 912 | 1,041 | 610 |
| Financing Activities | 527 | -141 | -133 | -95 | 388 | 7 | -285 | -286 | -542 | -320 | -136 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| Promoter | 63.78 % | 63.73 % | 63.82 % | 64.90 % | 67.00 % | 67.08 % | 67.25 % | 67.63 % | 67.80 % | 67.80 % | 67.86 % | 67.86 % | 68.00 % | 68.00 % | 68.04 % | 68.07 % | 68.86 % | 68.87 % | 69.05 % | 69.81 % | 70.28 % | 70.28 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 7.99 % | 10.50 % | 11.97 % | 9.23 % | 7.97 % | 9.12 % | 9.63 % | 10.42 % | 9.86 % | 9.52 % | 9.59 % | 9.72 % |
| DIIs | 5.82 % | 4.90 % | 4.12 % | 2.82 % | 2.89 % | 2.93 % | 4.12 % | 3.89 % | 4.05 % | 2.69 % | 4.38 % | 4.31 % | 3.95 % | 5.38 % | 4.38 % | 3.86 % | 3.96 % | 4.08 % | 3.63 % | 2.91 % | 3.29 % | 3.84 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 13.38 % | 13.94 % | 13.92 % | 14.67 % | 14.06 % | 13.98 % | 13.62 % | 13.53 % | 14.34 % | 12.38 % | 11.36 % | 10.27 % | 9.81 % | 11.59 % | 13.23 % | 12.87 % | 11.95 % | 11.13 % | 12.10 % | 12.18 % | 11.62 % | 11.09 % |
| Others | 17.02 % | 17.43 % | 18.14 % | 17.61 % | 16.04 % | 16.01 % | 15.00 % | 14.95 % | 13.81 % | 17.13 % | 8.41 % | 7.06 % | 6.28 % | 5.80 % | 6.38 % | 6.09 % | 5.60 % | 5.50 % | 5.37 % | 5.59 % | 5.22 % | 5.08 % |
| No of Share Holders | 28,053 | 30,134 | 29,472 | 28,760 | 27,640 | 30,975 | 36,513 | 45,798 | 47,261 | 50,771 | 54,879 | 61,989 | 69,663 | 77,500 | 96,466 | 1,29,024 | 1,05,737 | 93,504 | 94,257 | 92,943 | 88,783 | 83,466 |
Dividend History
| Annual Cash Flows | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 5 | 6 | 6 | 2.5 | 3.5 | 5 | 5 | 10 | 10 | 0.00 |
| Dividend Yield (%) | 2.36 | 2.5 | 6.2 | 1.82 | 1.27 | 1.41 | 0.59 | 1.46 | 1.79 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 15 Sept 2021 |  Dividend | ₹ 3.50 /share | 14 Sept 2021 | 156.15 | 157.70 |
| 08 Sept 2022 | Dividend | ₹ 5.00 /share | 07 Sept 2022 | 273.88 | 411.83 |
| 28 Nov 2022 |  Bonus | 1:1 | 25 Nov 2022 | 398.55 | 387.25 |
| 14 Aug 2023 | Dividend | ₹ 5.00 /share | 14 Aug 2023 | 441.55 | 480.55 |
| 14 Aug 2024 | Dividend | ₹ 10.00 /share | 14 Aug 2024 | 836.35 | 591.55 |
| 28 Aug 2024 |  Annual General Meeting | NA | 28 Aug 2024 | 836.35 | 691.60 |
| 28 Oct 2024 |  Quarterly Result Announcement | NA | 28 Oct 2024 | 614.80 | 569.85 |
| 27 Jan 2025 | Quarterly Result Announcement | NA | 27 Jan 2025 | 627.50 | 648.45 |
| 26 May 2025 | Quarterly Result Announcement | NA | 26 May 2025 | 633.80 | 690.80 |
| 30 Jul 2025 | Quarterly Result Announcement | NA | 30 Jul 2025 | 705.55 | 692.60 |
| 14 Aug 2025 | Dividend | ₹ 10.00 /share | 14 Aug 2025 | 690.80 | 686.00 |
| 28 Aug 2025 | Annual General Meeting | NA | 28 Aug 2025 | 690.80 | 656.55 |
| 04 Nov 2025 | Quarterly Result Announcement | NA | 04 Nov 2025 | 584.10 | 580.55 |
| 28 Jan 2026 | Quarterly Result Announcement | NA | 28 Jan 2026 | 528.85 | 506.45 |
| 22 May 2026 | Quarterly Result Announcement | NA | 22 May 2026 | 650.25 | 639.50 |
| 07 Aug 2026 | Quarterly Result Announcement | NA | 07 Aug 2026 | 573.85 | 583.80 |
Announcements
Announcement under Regulation 30 (LODR)-Newspaper Publication
8 hrs ago
8 hrs agoAudio Recording Of Conference Call Dated 8Th August 20261 day ago
1 day agoAnnouncement under Regulation 30 (LODR)-Investor Presentation3 days ago
3 days agoAnnouncement under Regulation 30 (LODR)-Change in Management3 days ago
3 days agoRecord Date For Dividend3 days ago
3 days agoBoard Meeting Outcome for Outcome Of Board Meeting3 days ago
3 days agoUn-Audited Financial Results For The Quarter Ended 30Th June 20263 days ago
3 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Demise6 days ago
6 days agoBoard Meeting Intimation for Approval Of Un-Audited Financial Results Of The Company For The Quarter Ended On 30Th June 2026Jul 29, 2026
Jul 29, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 13, 2026
Jul 13, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 07, 2026
Jul 07, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 04, 2026
Jul 04, 2026Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)Jul 03, 2026
Jul 03, 2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jul 01, 2026
Jul 01, 2026Announcement under Regulation 30 (LODR)-Change in ManagementJun 30, 2026
Jun 30, 2026 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportJun 25, 2026
Jun 25, 2026Closure of Trading WindowJun 24, 2026
Jun 24, 2026Update On Scheme Of ArrangementJun 15, 2026
Jun 15, 2026Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 27, 2026
May 27, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 26, 2026
May 26, 2026Shareholder Meeting / Postal Ballot-Notice of Postal BallotMay 25, 2026
May 25, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 24, 2026
May 24, 2026Appointment Of Cost AuditorsMay 22, 2026
May 22, 2026Announcement under Regulation 30 (LODR)-Scheme of ArrangementMay 22, 2026
May 22, 2026Corporate Action-Board to consider DividendMay 22, 2026
May 22, 2026Board Meeting Outcome for Outcome Of The Board MeetingMay 22, 2026
May 22, 2026Financial Results For Quarter/Year Ended On 31St March 2026.May 22, 2026
May 22, 2026Announcement under Regulation 30 (LODR)-AcquisitionMay 16, 2026
May 16, 2026Announcement under Regulation 30 (LODR)-AcquisitionMay 16, 2026
May 16, 2026Board Meeting Intimation for Audited Financial Results For The Quarter And Year Ended On 31St March 2026.May 11, 2026
May 11, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 11, 2026
May 11, 2026Intimation Regarding Notice Given To ShareholdersMay 07, 2026
May 07, 2026Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Closure Of SubsidiaryApr 09, 2026
Apr 09, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 07, 2026
Apr 07, 2026ESG Score & RatingApr 04, 2026
Apr 04, 2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 27, 2026
Mar 27, 2026Closure of Trading WindowMar 24, 2026
Mar 24, 2026 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMar 13, 2026
Mar 13, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationMar 09, 2026
Mar 09, 2026Announcement under Regulation 30 (LODR)-Credit RatingMar 02, 2026
Mar 02, 2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Feb 26, 2026
Feb 26, 2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Feb 25, 2026
Feb 25, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 10, 2026
Feb 10, 2026Shareholder Meeting / Postal Ballot-Notice of Postal BallotFeb 09, 2026
Feb 09, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 05, 2026
Feb 05, 2026Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 02, 2026
Feb 02, 2026Audi0 Recording Of Conference Call Dated 29Th January 2026Jan 30, 2026
Jan 30, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationJan 29, 2026
Jan 29, 2026Announcement under Regulation 30 (LODR)-Investor PresentationJan 28, 2026
Jan 28, 2026Mutual Fund Holdings
Technical Indicators
RSI(14)
Neutral 51.86
ATR(14)
Volatile 14.00
STOCH(9,6)
Neutral 66.92
STOCH RSI(14)
Overbought 100.00
MACD(12,26)
Bullish 2.89
ADX(14)
Weak Trend 24.27
UO(9)
Bearish 47.62
ROC(12)
Uptrend And Accelerating 2.48
WillR(14)
Neutral -21.88
About Maharashtra Seamless
Maharashtra Seamless Limited (MSL) is an India-based company founded in 1988, specializing in manufacturing steel pipes and tubes. The company operates in three segments: Steel Pipes & Tubes, Power Electricity, and RIG. MSL produces seamless pipes and tubes using CPE technology, as well as electric resistance welded (ERW) pipes. Their...more
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Chairperson NameD P Jindal
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