Good morning :)
Place Order
Add to Watchlist

Maharashtra Seamless Ltd

MAHSEAMLES Share Price

573.900.25% (+1.45)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹7,670 cr, stock is ranked 641

Stock is 3.08x as volatile as Nifty

MAHSEAMLES Stock Scorecard

Performance

Avg

Price return has been average, nothing exciting

Valuation

Avg

Can be considered moderately valued vs the market

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹7,670 cr, stock is ranked 641

Stock is 3.08x as volatile as Nifty

MAHSEAMLES Performance & Key Metrics

MAHSEAMLES Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
9.791.211.75%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
41.246.100.64%

MAHSEAMLES Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

MAHSEAMLES Company Profile

Maharashtra Seamless Limited is engaged in the manufacturing of steel pipes and tubes.

MAHSEAMLES Similar Stocks (Peers)

Compare with peers Compare with peers 

MAHSEAMLES Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
65.02
65.02
1Y Return
12.17%
12.17%
Buy Reco %
68.75
68.75
PE Ratio
73.89
73.89
1Y Return
21.55%
21.55%
Buy Reco %
69.23
69.23
PE Ratio
30.68
30.68
1Y Return
28.39%
28.39%
Buy Reco %
83.33
83.33
PE Ratio
13.18
13.18
1Y Return
37.48%
37.48%
Buy Reco %
62.50
62.50
PE Ratio
6.01
6.01
1Y Return
48.38%
48.38%
Buy Reco %
100.00
100.00
Compare with Peers

MAHSEAMLES Sentiment Analysis

MAHSEAMLES Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

MAHSEAMLES Stock Summary · November 2025

On November 5, 2025, the company reported a challenging financial landscape, with revenue declining 5% to INR 1,234 crores and a notable 44% drop in profit after tax, primarily due to increased competition from Chinese imports and a slowdown in the oil and gas sector. Despite maintaining dispatch levels of 103,000 tons of seamless pipes, margin pressures persist, exacerbated by a 27% year-on-year decrease in project awards. The management remains focused on sustaining market leadership while cautiously managing significant cash reserves of INR 3,000 crores, which may be allocated for future investments, including renewable energy projects. However, uncertainties surrounding market conditions and regulatory hurdles hinder expansion efforts, leaving stakeholders to navigate a complex operational environment.

MAHSEAMLES Stock Growth Drivers
MAHSEAMLES Stock Growth Drivers
5
  • Improved Order Book and Financial Management

    The company has achieved a 20% improvement in its order book from the previous quarter,

  • Production Capacity and Consistency

    The company is on track to manufacture 400,000 tons of seamless pipes in the current

MAHSEAMLES Stock Challenges
MAHSEAMLES Stock Challenges
6
  • Margin Pressures

    Maharashtra Seamless Limited has faced significant margin pressures due to several factors, including a slowdown

  • Declining Order Book Visibility

    The company is experiencing challenges with order book visibility, which has been reduced due to

MAHSEAMLES Forecast

MAHSEAMLES Forecasts

Price

Revenue

Earnings

MAHSEAMLES

MAHSEAMLES

Income

Balance Sheet

Cash Flow

MAHSEAMLES Income Statement

MAHSEAMLES Income Statement

Industry refers to the sub-sector this company belongs to.
Lower than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 15.19%, vs industry avg of 16.44%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 5.63% to 5.31%

Higher than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 56.11%, vs industry avg of 23.53%

Loading...

Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue1,510.522,249.193,145.152,694.792,395.744,321.655,808.615,546.305,465.895,407.03
Raw Materialssubtract912.841,458.192,020.201,623.731,463.983,029.843,728.503,249.743,287.004,284.87
Power & Fuel Costsubtract109.36170.03214.01193.03157.30257.87343.45329.89345.73
Employee Costsubtract52.7363.1671.3375.5272.3481.8196.38109.33122.89
Selling & Administrative Expensessubtract34.7942.6059.4959.8574.56129.32215.91161.75199.10
Operating & Other expensessubtract99.61105.20228.61430.07277.79128.89324.67354.59407.28
Depreciation/Amortizationsubtract70.9676.2379.6287.91121.46137.85137.72109.72100.92100.82
Interest & Other Itemssubtract33.9141.7138.8763.9255.7444.8938.328.472.761.93
Taxes & Other Itemssubtract72.9781.34198.8276.8974.53-180.54158.91271.51222.72235.72
EPS9.2115.7317.486.267.3251.6257.0770.9958.0258.48
DPS2.503.003.001.251.752.505.0010.0010.0010.00
Payout ratio0.270.190.170.200.240.050.090.140.170.17

MAHSEAMLES Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025FY 2025

Annual report

PDF

Investor Presentation

Oct 28PDF
FY 2024FY 2024

Annual report

PDF

Investor Presentation

Aug 1PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

May 26PDF
Oct 18PDF
Jul 25PDF
FY 2022FY 2022

Annual report

PDF

Investor Presentation

May 27PDF
Feb 2PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF

Investor Presentation

Nov 5PDF
FY 2018FY 2018

Annual report

PDF
FY 2017FY 2017

Annual report

PDF
FY 2016FY 2016

Annual report

PDF
 

MAHSEAMLES Stock Peers

MAHSEAMLES Past Performance & Peer Comparison

MAHSEAMLES Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsBuilding Products - Pipes

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Maharashtra Seamless Ltd9.871.211.75%
APL Apollo Tubes Ltd65.0211.700.32%
Astral Ltd73.8910.480.26%
Ratnamani Metals and Tubes Ltd30.684.550.59%

MAHSEAMLES Stock Price Comparison

Compare MAHSEAMLES with any stock or ETF
Compare MAHSEAMLES with any stock or ETF
MAHSEAMLES
Loading...

MAHSEAMLES Holdings

MAHSEAMLES Shareholdings

MAHSEAMLES Promoter Holdings Trend

MAHSEAMLES Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

MAHSEAMLES Institutional Holdings Trend

MAHSEAMLES Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

MAHSEAMLES Shareholding Pattern

MAHSEAMLES Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding69.05%2.90%0.74%9.86%17.47%

Dec 2024

Mar 2025

Jun 2025

Sep 2025

MAHSEAMLES Shareholding History

MAHSEAMLES Shareholding History

JunSepDec '24MarJunSep9.23%7.97%9.12%9.63%10.42%9.86%

Mutual Funds Invested in MAHSEAMLES

Mutual Funds Invested in MAHSEAMLES

No mutual funds holding trends are available

Top 5 Mutual Funds holding Maharashtra Seamless Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
1.0461%0.84%-0.16%25/93 (-1)
0.9844%0.24%-0.07%41/118 (-1)
0.0595%0.64%-0.22%70/73 (-11)

Compare 3-month MF holding change on Screener

MAHSEAMLES Insider Trades & Bulk Stock Deals

MAHSEAMLES Insider Trades & Bulk Stock Deals

Loading...

smallcases containing MAHSEAMLES stock

smallcases containing MAHSEAMLES stock

Looks like this stock is not in any smallcase yet.

MAHSEAMLES Events

MAHSEAMLES Events

MAHSEAMLES Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

MAHSEAMLES has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.75%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹17.47 every year

Dividends

Corp. Actions

Announcements

Legal Orders

MAHSEAMLES Dividend Trend

No Dividend Cuts
Dividends are the portion of earnings that a company distributes to all its shareholders every year

MAHSEAMLES has increased or maintained dividend levels over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.75%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹17.47 every year

MAHSEAMLES Upcoming Dividends

MAHSEAMLES Upcoming Dividends

No upcoming dividends are available

MAHSEAMLES Past Dividends

MAHSEAMLES Past Dividends

Cash Dividend

Ex DateEx DateAug 14, 2025

Final
Final | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Aug 14, 2025

Cash Dividend

Ex DateEx DateAug 14, 2024

Final
Final | Div/Share: ₹10.00

Dividend/Share

10.00

Ex DateEx Date

Aug 14, 2024

Cash Dividend

Ex DateEx DateAug 14, 2023

Final
Final | Div/Share: ₹5.00

Dividend/Share

5.00

Ex DateEx Date

Aug 14, 2023

Cash Dividend

Ex DateEx DateSep 7, 2022

Final
Final | Div/Share: ₹5.00

Dividend/Share

5.00

Ex DateEx Date

Sep 7, 2022

Cash Dividend

Ex DateEx DateSep 14, 2021

Final
Final | Div/Share: ₹3.50

Dividend/Share

3.50

Ex DateEx Date

Sep 14, 2021

MAHSEAMLES Stock News & Opinions

MAHSEAMLES Stock News & Opinions

Corporate
Maharashtra Seamless wins order of Rs 217 cr from ONGC Corpn

Maharashtra Seamless has received an order of Rs 217 crore from Oil & Natural Gas Corpn for supply of seamless pipes. Powered by Capital Market - Live

5 days agoCapital Market - Live
Spotlight
Maharashtra Seamless slides after Q2 PAT dips 43% YoY to Rs 125 crore; revenue down 11%

On a consolidated basis, the company's net profit dropped 43.1% year-on-year to Rs 125.23 crore, while total revenue declined 10.7% to Rs 1,234.43 crore in Q2 FY26 over Q2 FY25. Profit before tax stood at Rs 169.14 crore, down 42% from the year-ago period. Total expenses decreased 2.3% YoY to Rs 1,061.62 crore. Employee benefits expense rose 9% to Rs 33.31 crore, while other expenses were lower by 7% at Rs 219.31 crore, indicating cost control efforts. Maharashtra Seamless manufactures carbon and alloy steel seamless pipes, ERW steel pipes, and casting pipes. The company also operates a windmill.Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Spotlight
Maharashtra Seamless Q2 PAT falls 43% YoY to Rs 125 cr; revenue declines 11% amid weak demand

On a consolidated basis, the company's net profit declined 43.1% to Rs 125.23 crore on a 10.7% fall in total revenue to Rs 1,234.43 crore in Q2 FY26 over Q2 FY25. Profit before tax tumbled 42.0% year-on-year to Rs 169.14 crore in the quarter ended September 2025. Total expenses fell 2.3% YoY to Rs 1,061.62 crore during the quarter. Employee benefits expense rose 9% to Rs 33.31 crore, while other expenses slipped 7% to Rs 219.31 crore compared with the same period last year, reflecting controlled cost measures. Maharashtra Seamless manufactures carbon and alloy steel seamless pipes, ERW (electrical resistance welding) steel, and casting pipes. The company also owns a windmill. Shares of Maharashtra Seamless declined 1.23% to settle at Rs 573.40 on the BSE.Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Earnings
Maharashtra Seamless consolidated net profit declines 43.08% in the September 2025 quarter

Net profit of Maharashtra Seamless declined 43.08% to Rs 125.26 crore in the quarter ended September 2025 as against Rs 220.08 crore during the previous quarter ended September 2024. Sales declined 10.31% to Rs 1158.67 crore in the quarter ended September 2025 as against Rs 1291.81 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1158.671291.81 -10 OPM %10.2717.58 - PBDT194.33317.05 -39 PBT169.14291.81 -42 NP125.26220.08 -43 Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Maharashtra Seamless to announce Quarterly Result

Maharashtra Seamless will hold a meeting of the Board of Directors of the Company on 4 November 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Maharashtra Seamless announces cessation of director

Maharashtra Seamless announced that Dr. (Mrs.) Roma Kumar (DIN: 02194012), Non-Executive Independent Director of the Company has completed her second term in the Company from the close of business hours on 27 September 2025 and has ceased as Director of the Company.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Maharashtra Seamless receives order of Rs 256 cr

Maharashtra Seamless has received an order of Rs 256 crore for supply of seamless pipes. Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Maharashtra Seamless gains on securing Rs 256-cr domestic order for seamless pipes

The order, awarded by a domestic entity, marks a significant win for the company in the energy infrastructure space. The contract involves the supply of seamless pipes, with dispatches to be carried out gradually over the next two quarters as per the customer's schedule. The company confirmed that the order does not involve any promoter or related party interest and is not a related party transaction. Maharashtra Seamless is manufacture seamless pipes & tubes with the finest quality and wide product range using the world renowned CPE technology. The company's consolidated net profit surged 78.2% year-on-year to Rs 230.32 crore in Q1 FY26, despite a marginal 0.05% decline in revenue from operations, which stood at Rs 1,145.27 crore compared to Q1 FY25. Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Maharashtra Seamless consolidated net profit rises 78.17% in the June 2025 quarter

Net profit of Maharashtra Seamless rose 78.17% to Rs 230.32 crore in the quarter ended June 2025 as against Rs 129.27 crore during the previous quarter ended June 2024. Sales declined 0.50% to Rs 1145.27 crore in the quarter ended June 2025 as against Rs 1150.98 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales1145.271150.98 0 OPM %14.4410.33 - PBDT324.61182.78 78 PBT299.65157.77 90 NP230.32129.27 78 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Maharashtra Seamless to convene board meeting

Maharashtra Seamless will hold a meeting of the Board of Directors of the Company on 30 July 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Maharashtra Seamless Ltd (MAHSEAMLES) today?

    The share price of MAHSEAMLES as on 5th December 2025 is ₹573.90. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Maharashtra Seamless Ltd (MAHSEAMLES) share?

    The past returns of Maharashtra Seamless Ltd (MAHSEAMLES) share are
    • Past 1 week: -3.46%
    • Past 1 month: -3.31%
    • Past 3 months: -11.50%
    • Past 6 months: -14.62%
    • Past 1 year: -14.02%
    • Past 3 years: 47.56%
    • Past 5 years: 261.90%

  3. What are the peers or stocks similar to Maharashtra Seamless Ltd (MAHSEAMLES)?

    The peers or stocks similar to Maharashtra Seamless Ltd (MAHSEAMLES) include:

  4. What is the dividend yield % of Maharashtra Seamless Ltd (MAHSEAMLES) share?

    The current dividend yield of Maharashtra Seamless Ltd (MAHSEAMLES) is 1.75.

  5. What is the market cap of Maharashtra Seamless Ltd (MAHSEAMLES) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Maharashtra Seamless Ltd (MAHSEAMLES) is ₹7670.79 Cr as of 5th December 2025.

  6. What is the 52 week high and low of Maharashtra Seamless Ltd (MAHSEAMLES) share?

    The 52-week high of Maharashtra Seamless Ltd (MAHSEAMLES) is ₹814.30 and the 52-week low is ₹540.50.

  7. What is the PE and PB ratio of Maharashtra Seamless Ltd (MAHSEAMLES) stock?

    The P/E (price-to-earnings) ratio of Maharashtra Seamless Ltd (MAHSEAMLES) is 9.87. The P/B (price-to-book) ratio is 1.21.

  8. Which sector does Maharashtra Seamless Ltd (MAHSEAMLES) belong to?

    Maharashtra Seamless Ltd (MAHSEAMLES) belongs to the Industrials sector & Building Products - Pipes sub-sector.

  9. How to buy Maharashtra Seamless Ltd (MAHSEAMLES) shares?

    You can directly buy Maharashtra Seamless Ltd (MAHSEAMLES) shares on Tickertape. Simply sign up, connect your demat account and place your order.