Maharashtra Seamless

696.75
-15.80
(-2.22%)
Market Cap
9,336.40 Cr
EPS
70.99
PE Ratio
12.65
Dividend Yield
1.41 %
52 Week High
964.45
52 Week Low
566.50
PB Ratio
1.60
Debt to Equity
0.02
Add Ratio

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
BUY
Analysts have suggested that investors can buy this stock
Buy+100.00 %
+100.00 %
Hold0.0 %
0.0 %
Sell0.0 %
0.0 %
Competitors LTP Market Cap (₹ Cr.) P/E Ratio Revenue (₹ Cr.) YoY Revenue Growth % Net Profit (₹ Cr.) YoY Profit Growth % RSI
1,509.05 41,879.84 67.19 18,193.70 12.22 732 31.12 57.30
854.40 23,849.03 26.52 13,354.20 4.64 1,029 56.84 64.45
829.20 21,754.01 15.32 17,582.10 74.46 1,136 128.87 56.31
2,726.90 19,113.39 36.57 5,132.30 13.87 625 0.30 57.36
266.79 17,061.44 9.21 21,125.90 16.97 1,593 -6.44 53.04
182.60 12,215.48 15.46 5,553.30 -5.19 936 -36.74 55.00
338.05 10,301.80 25.08 3,265.50 -0.92 424 -14.14 59.96
696.75 9,336.40 12.65 5,546.30 -4.52 952 -32.62 60.49
365.05 8,807.96 22.50 4,234.00 4.29 225 118.65 67.18
99.94 6,178.14 8.34 7,580.30 2.99 740 -39.18 45.01
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

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
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
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
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
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 %
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
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
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
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
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
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

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
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 %
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 %
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 %
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 %
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 %
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 %
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

Dividend History

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 1.4 0.00

Corporate Action

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
4 days ago
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
9 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Mar 12, 2025
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
Mar 12, 2025
Announcement under Regulation 30 (LODR)-Newspaper Publication
Feb 09, 2025
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Feb 07, 2025
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Feb 03, 2025
Audio Recording Of Conference Call Dated 28Th January 2025
Jan 28, 2025
Announcement under Regulation 30 (LODR)-Newspaper Publication
Jan 28, 2025
Integrated Filing (Financial)
Jan 28, 2025
Appointment Of Mr. Arup Mandal As CFO With Effect From 27Th January 2025
Jan 27, 2025
Announcement under Regulation 30 (LODR)-Change in Management
Jan 27, 2025
Announcement under Regulation 30 (LODR)-Investor Presentation
Jan 27, 2025
Board Meeting Outcome for Outcome Of Board Meeting
Jan 27, 2025
Financial Results For The Quarter And Nine Months Ended On December 31 2024
Jan 27, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Jan 17, 2025
Board 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 2024
Jan 14, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Jan 08, 2025
Reply 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 Past
Jan 02, 2025
Clarification sought from Maharashtra Seamless Ltd
Jan 02, 2025
Reply 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 T
Jan 02, 2025
Closure of Trading Window
Dec 23, 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Dec 12, 2024
Announcement under Regulation 30 (LODR)-Credit Rating
Dec 10, 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Dec 06, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Nov 30, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Nov 13, 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Nov 08, 2024
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Nov 04, 2024
Audio Recording Of Conference Call Dated 29Th October, 2024
Oct 29, 2024
Announcement under Regulation 30 (LODR)-Newspaper Publication
Oct 29, 2024
Announcement under Regulation 30 (LODR)-Investor Presentation
Oct 28, 2024
Results For The Quarter And Half Year Ended September 30, 2024
Oct 28, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Oct 24, 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Oct 17, 2024
Board Meeting Intimation for Inter Alia, To Consider And Approve Un-Audited Financial Results Of The Company For The Quarter And Half Year Ended On 30Th September, 2024
Oct 17, 2024
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Oct 14, 2024
Announcement under Regulation 30 (LODR)-Cessation
Sep 26, 2024
Closure of Trading Window
Sep 25, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Sep 20, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Sep 16, 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Sep 13, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Sep 02, 2024
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Aug 28, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Aug 28, 2024
Summary Of Proceedings Of The 36Th Annual General Meeting Held On 28Th August, 2024
Aug 28, 2024
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Aug 23, 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Aug 09, 2024
Announcement under Regulation 30 (LODR)-Newspaper Publication
Aug 07, 2024
Business Responsibility and Sustainability Reporting (BRSR)
Aug 06, 2024

Technical Indicators

RSI(14)
Neutral
66.73
ATR(14)
Volatile
26.29
STOCH(9,6)
Overbought
87.46
STOCH RSI(14)
Overbought
83.43
MACD(12,26)
Bullish
7.64
ADX(14)
Weak Trend
21.76
UO(9)
Bearish
63.63
ROC(12)
Uptrend But Slowing Down
10.75
WillR(14)
Overbought
-16.03

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.
Chairperson NameD P Jindal