| 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 |
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 |
| 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 |
| 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 |
| 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 % |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
Maharashtra Seamless
691.45
-1.00
(-0.14%)
Market Cap
9,265.40 Cr
EPS
70.99
PE Ratio
11.95
Dividend Yield
1.44 %
Industry
Industrial Products52 Week High
814.30
52 Week Low
566.50
PB Ratio
1.47
Debt to Equity
0.02
Sector
Iron & Steel Products
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from1 analysts
Company News
View All News
Maharashtra Seamless: Q4 Results Show Stable Margins, Limited Order Book Visibility5 days ago
Maharashtra Seamless reported Q4 FY2025 results with revenue up 17% YoY to ₹1,417 crore and net profit up 11% to ₹242 crore. EBITDA margin narrowed to 20% from 22.66% YoY. The company's order book of ₹1,584 crore provides visibility for only one quarter. Cash reserves stand at ₹2,630 crore, representing 29% of market capitalization.
Maharashtra Seamless Reports Q4 Results and Dividend Recommendation5 days ago
Maharashtra Seamless has announced its Q4 financial results. The company's consolidated net profit increased to 2.42 billion rupees, up from 2.18 billion rupees year-over-year. Revenue rose to 14.58 billion rupees from 12.59 billion rupees in the same period last year. EBITDA slightly increased to 2.85 billion rupees from 2.75 billion rupees, while the EBITDA margin decreased to 19.56% from 21.85% year-over-year. Additionally, the company has recommended a dividend of 10 rupees per share.
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 |
|---|---|---|---|---|---|---|---|---|
1,811.70 | #1 50,279.10 | 66.51 | 18,193.70 | 12.22 | 732 | 72.01 | 69.15 | |
935.55 | 24,544.10 | 16.25 | 17,582.10 | #1 74.46 | 1,136 | #1 143.37 | 78.14 | |
843.10 | 23,533.60 | 25.91 | 13,354.20 | 4.64 | 1,029 | 0.09 | 37.12 | |
2,839.00 | 19,899.10 | 36.55 | 5,132.30 | 13.87 | 625 | 5.23 | 57.43 | |
211.90 | 13,551.20 | #1 7.72 | #1 20,947.80 | -0.84 | #1 1,458 | -81.91 | 38.93 | |
190.48 | 12,742.60 | 15.72 | 5,553.30 | -5.19 | 936 | 1.28 | 46.54 | |
466.15 | 11,247.30 | 28.07 | 4,234.00 | 4.29 | 225 | 21.91 | 55.83 | |
310.00 | 9,447.00 | 23.18 | 3,265.50 | -0.92 | 424 | -5.08 | 46.61 | |
691.45 | #9 9,265.40 | #2 11.95 | #7 5,546.30 | #9 -4.52 | #4 952 | #5 10.99 | 52.89 | |
330.25 | 7,187.40 | 20.74 | 7,823.20 | -2.24 | 329 | 25.22 | 72.97 |
Automatic Screeners on ScanX
Forecast
Actual
Growth Rate
Revenue Growth
-4.52 %
Net Income Growth
23.98 %
Cash Flow Change
14.22 %
ROE
3.30 %
ROCE
10.50 %
EBITDA Margin (Avg.)
26.49 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Total Assets | 4,026 | 4,000 | 3,856 | 4,040 | 4,795 | 5,239 | 5,356 | 5,388 | 5,859 | 6,588 |
| Fixed Assets | 1,472 | 1,407 | 1,095 | 1,235 | 1,173 | 2,364 | 2,268 | 2,135 | 2,016 | 1,950 |
| Current Assets | 1,409 | 1,429 | 1,437 | 1,466 | 2,388 | 1,820 | 2,148 | 2,647 | 3,208 | 3,614 |
| Capital Work in Progress | 38 | 31 | 119 | 17 | 23 | 29 | 9 | 13 | 14 | 3 |
| Investments | 311 | 1,412 | 1,529 | 1,461 | 1,276 | 1,007 | 1,071 | 646 | 1,177 | 2,098 |
| Other Assets | 2,206 | 1,150 | 1,113 | 1,326 | 2,322 | 1,840 | 2,008 | 2,593 | 2,651 | 2,537 |
| Total Liabilities | 4,026 | 4,000 | 3,856 | 4,040 | 4,795 | 5,239 | 5,356 | 5,388 | 5,859 | 6,588 |
| Current Liabilities | 541 | 575 | 668 | 361 | 602 | 964 | 1,049 | 784 | 543 | 430 |
| Non Current Liabilities | 550 | 515 | 442 | 749 | 1,123 | 1,070 | 1,007 | 619 | 542 | 427 |
| Total Equity | 2,934 | 2,910 | 2,746 | 2,930 | 3,070 | 3,205 | 3,299 | 3,984 | 4,774 | 5,731 |
| Reserve & Surplus | 2,763 | 2,668 | 2,650 | 2,897 | 3,037 | 3,171 | 3,265 | 3,951 | 4,707 | 5,664 |
| Share Capital | 171 | 243 | 96 | 34 | 34 | 34 | 34 | 34 | 67 | 67 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Net Cash Flow | 2 | -6 | 2 | 10 | 44 | 25 | -21 | 8 | -17 | 0 |
| Investing Activities | -630 | 12 | -107 | 13 | -161 | -730 | -183 | 563 | -386 | -722 |
| Operating Activities | 104 | 122 | 241 | 93 | -183 | 748 | 447 | -269 | 912 | 1,041 |
| Financing Activities | 527 | -141 | -133 | -95 | 388 | 7 | -285 | -286 | -542 | -320 |
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 |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 5 | 6 | 6 | 2.5 | 3.5 | 5 | 5 | 10 | 0.00 |
| Dividend Yield (%) | 0.00 | 2.36 | 2.5 | 6.2 | 1.82 | 1.27 | 1.41 | 0.59 | 1.46 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 28 Aug 2025 |  Annual General Meeting | NA | 28 Aug 2025 | 690.80 | 691.45 |
| 26 May 2025 |  Quarterly Result Announcement | NA | 26 May 2025 | 633.80 | 690.80 |
| 27 Jan 2025 | Quarterly Result Announcement | NA | 27 Jan 2025 | 627.50 | 648.45 |
| 28 Oct 2024 | Quarterly Result Announcement | NA | 28 Oct 2024 | 614.80 | 569.85 |
| 28 Aug 2024 | Annual General Meeting | NA | 28 Aug 2024 | 836.35 | 691.60 |
| 14 Aug 2024 |  Dividend | ₹ 10.00 /share | 14 Aug 2024 | 836.35 | 591.55 |
| 14 Aug 2023 | Dividend | ₹ 5.00 /share | 14 Aug 2023 | 441.55 | 480.55 |
| 28 Nov 2022 |  Bonus | 1:1 | 25 Nov 2022 | 398.55 | 387.25 |
| 08 Sept 2022 | Dividend | ₹ 5.00 /share | 07 Sept 2022 | 273.88 | 411.83 |
| 15 Sept 2021 | Dividend | ₹ 3.50 /share | 14 Sept 2021 | 156.15 | 157.70 |
Announcements
Announcement under Regulation 30 (LODR)-Newspaper Publication
4 days ago
4 days ago Audio Recording Of Conference Call Dated 27Th May 20254 days ago
4 days agoAnnouncement under Regulation 30 (LODR)-Investor Presentation5 days ago
5 days agoConvening Of 37Th Annual General Meeting5 days ago
5 days agoAppointment Of Cost Auditors5 days ago
5 days agoCorporate Action-Board approves Dividend5 days ago
5 days agoBoard Meeting Outcome for Outcome Of Board Meeting5 days ago
5 days agoFinancial Results For The Quarter And Year Ended March 31 20255 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 21, 2025
May 21, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 15, 2025
May 15, 2025Board Meeting Intimation for To Consider And Approve Inter-Alia The Audited Financial Results For The Quarter And Year Ended On 31St March 2025 And To Recommend Dividend If Any On The Equity Shares Of The Company For The Financial Year 2024-25.May 12, 2025
May 12, 2025UpdatesMay 07, 2025
May 07, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 04, 2025
Apr 04, 2025Clarification On Significant Increase In The VolumeApr 02, 2025
Apr 02, 2025Clarification On Spurt In Volume Required By NSEApr 02, 2025
Apr 02, 2025Closure of Trading WindowMar 26, 2025
Mar 26, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 21, 2025
Mar 21, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderMar 16, 2025
Mar 16, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 12, 2025
Mar 12, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMar 12, 2025
Mar 12, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 09, 2025
Feb 09, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotFeb 07, 2025
Feb 07, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 03, 2025
Feb 03, 2025Audio Recording Of Conference Call Dated 28Th January 2025Jan 28, 2025
Jan 28, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJan 28, 2025
Jan 28, 2025Integrated Filing (Financial)Jan 28, 2025
Jan 28, 2025Appointment Of Mr. Arup Mandal As CFO With Effect From 27Th January 2025Jan 27, 2025
Jan 27, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJan 27, 2025
Jan 27, 2025Announcement under Regulation 30 (LODR)-Investor PresentationJan 27, 2025
Jan 27, 2025Board Meeting Outcome for Outcome Of Board MeetingJan 27, 2025
Jan 27, 2025Financial Results For The Quarter And Nine Months Ended On December 31 2024Jan 27, 2025
Jan 27, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 17, 2025
Jan 17, 2025Board Meeting Intimation for Inter Alia To Consider And Approve Un-Audited Financial Results Of The Company For The Quarter And Nine Months Ended On 31ST December 2024Jan 14, 2025
Jan 14, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 08, 2025
Jan 08, 2025Reply To The Clarification Sought By The Stock Exchange With Reference To The Significant Increase In The Volume Of The Security Of The Company Across Exchanges In The Recent PastJan 02, 2025
Jan 02, 2025Clarification sought from Maharashtra Seamless LtdJan 02, 2025
Jan 02, 2025Reply To The Clarification Sought By The Stock Exchange (NSE) With Reference To The Significant Increase In The Volume Of The Security Of The Company Across Exchanges In The Recent Past
Dear Sir
TJan 02, 2025
Jan 02, 2025Closure of Trading WindowDec 23, 2024
Dec 23, 2024Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateDec 12, 2024
Dec 12, 2024Announcement under Regulation 30 (LODR)-Credit RatingDec 10, 2024
Dec 10, 2024Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateDec 06, 2024
Dec 06, 2024Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 30, 2024
Nov 30, 2024Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 13, 2024
Nov 13, 2024Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate CertificateNov 08, 2024
Nov 08, 2024Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 04, 2024
Nov 04, 2024Audio Recording Of Conference Call Dated 29Th October, 2024Oct 29, 2024
Oct 29, 2024Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 29, 2024
Oct 29, 2024Announcement under Regulation 30 (LODR)-Investor PresentationOct 28, 2024
Oct 28, 2024Results For The Quarter And Half Year Ended September 30, 2024Oct 28, 2024
Oct 28, 2024Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 24, 2024
Oct 24, 2024Technical Indicators
RSI(14)
Neutral 52.89
ATR(14)
Less Volatile 23.49
STOCH(9,6)
Neutral 40.50
STOCH RSI(14)
Neutral 51.45
MACD(12,26)
Bullish 1.32
ADX(14)
Weak Trend 15.84
UO(9)
Bearish 35.57
ROC(12)
Uptrend And Accelerating 0.77
WillR(14)
Neutral -55.97
Mutual Fund Holdings
| Funding House | No of Shares | Current Holding % | 1M Change % | 3M Change % | Month | |
|---|---|---|---|---|---|---|
 Samco ELSS Tax Saver Fund Direct - Growth | 35422 | 2.11% | 2.11% | 2.11% | Apr 2025 | |
 Quant Active Fund Direct-Growth | 1382031 | 0.95% | -0.06% | -0.02% | Apr 2025 | |
 DSP Nifty Smallcap250 Quality 50 Index Fund Direct - Growth | 35947 | 1.06% | -0.06% | -0.11% | Apr 2025 | |
 ITI Value Fund Direct - Growth | 52207 | 1.14% | -0.06% | -0.02% | Apr 2025 | |
 LIC MF Dividend Yield Fund Direct - Growth | 47228 | 0.61% | -0.05% | -0.04% | Apr 2025 | |
 Navi Nifty 500 Multicap 50:25:25 Index Fund Direct-Growth | 0 | 0.00% | -0.04% | -0.04% | Apr 2025 | |
 HSBC Small Cap Fund Direct-Growth | 1105842 | 0.49% | -0.03% | -0.02% | Apr 2025 | |
| Quant Small Cap Fund Direct Plan-Growth | 1300497 | 0.33% | -0.03% | -0.02% | Apr 2025 | |
 Nippon India Nifty 500 Equal Weight Index Fund Direct-Growth | 11246 | 0.19% | -0.01% | -0.02% | Apr 2025 | |
 Motilal Oswal Nifty Smallcap 250 Index Fund Direct - Growth | 19746 | 0.16% | -0.01% | -0.01% | Apr 2025 | |
 HDFC Nifty Smallcap 250 Index Fund Direct-Growth | 10115 | 0.16% | -0.01% | -0.01% | Apr 2025 | |
 SBI Nifty Smallcap 250 Index Fund Direct - Growth | 30628 | 0.16% | -0.01% | -0.01% | Apr 2025 | |
| SBI Nifty 500 Index Fund Direct-Growth | 1917 | 0.01% | -0.01% | -0.01% | Apr 2025 | |
 Bandhan Nifty Smallcap 250 Index Fund Direct-Growth | 1206 | 0.16% | -0.01% | -0.01% | Apr 2025 | |
| Nippon India Nifty Smallcap 250 Index Fund Direct - Growth | 48778 | 0.16% | -0.01% | -0.01% | Apr 2025 | |
| Bandhan Nifty Total Market Index Fund Direct-Growth | 84 | 0.01% | -0.01% | -0.01% | Apr 2025 | |
 ICICI Prudential Nifty Smallcap 250 Index Fund Direct - Growth | 10833 | 0.16% | -0.01% | -0.01% | Apr 2025 | |
 Groww Nifty Smallcap 250 Index Fund Direct - Growth | 2413 | 0.16% | -0.01% | -0.01% | Apr 2025 | |
 Kotak Nifty Smallcap 250 Index Fund Direct-Growth | 509 | 0.16% | -0.01% | -0.01% | Apr 2025 | |
 Edelweiss Nifty Smallcap 250 Index Fund Direct - Growth | 2861 | 0.16% | -0.01% | -0.01% | Apr 2025 | |
| Motilal Oswal Nifty 500 Index Fund Direct - Growth | 5033 | 0.02% | 0.00% | 0.00% | Apr 2025 | |
| HDFC BSE 500 Index Fund Direct - Growth | 516 | 0.02% | 0.00% | 0.00% | Apr 2025 | |
 Mirae Asset Nifty Total Market Index Fund Direct-Growth | 86 | 0.01% | 0.00% | 0.00% | Apr 2025 | |
| ICICI Prudential Nifty 500 Index Fund Direct-Growth | 50 | 0.02% | 0.00% | 0.00% | Apr 2025 | |
 Angel One Nifty Total Market Index Fund Direct - Growth | 75 | 0.01% | 0.00% | 0.01% | Apr 2025 |
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 product range includes various types of pipes such as mild steel, galvanized, API line pipes, oil country tubular goods, boiler tubes, and coated pipes. The company has diversified into renewable power generation and rig operations. MSL's manufacturing plant is located in Raigad, Maharashtra, and the company has several subsidiaries both in India and abroad. The company has expanded its operations over the years, including entering the ERW pipe category in 2000, acquiring a seamless plant in Romania in 2008, and commissioning solar power plants in recent years.
Website
Chairperson NameD P Jindal
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