Good morning :)
Maharashtra Seamless Ltd

Maharashtra Seamless Ltd

MAHSEAMLES Share Price

NSE
562.001.22% (-6.95)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
SIP
Loading...
1D
1W
1M
1Y
5Y
Max
SIP

With a market cap of ₹7,530 cr, stock is ranked 631

Stock is 2.53x 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 ₹7,530 cr, stock is ranked 631

Stock is 2.53x as volatile as Nifty

MAHSEAMLES Performance & Key Metrics

MAHSEAMLES Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
8.961.191.78%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
42.916.380.61%

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
81.95
81.95
1Y Return
55.36%
55.36%
Buy Reco %
83.33
83.33
PE Ratio
85.54
85.54
1Y Return
20.16%
20.16%
Buy Reco %
76.92
76.92
PE Ratio
31.65
31.65
1Y Return
2.15%
2.15%
Buy Reco %
80.00
80.00
PE Ratio
6.79
6.79
1Y Return
22.68%
22.68%
Buy Reco %
100.00
100.00
PE Ratio
14.32
14.32
1Y Return
5.41%
5.41%
Buy Reco %
50.00
50.00
Compare with Peers

MAHSEAMLES Sentiment Analysis

MAHSEAMLES Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

MAHSEAMLES Stock Summary · February 2026

The company demonstrated resilience in a challenging economic landscape, reporting improved margins for seamless and Electric Resistance Welded pipes, driven by a favorable product mix and stable dispatch volumes. While cash reserves present an opportunity for increased dividends, management remains focused on long-term value creation, emphasizing the need for strategic investments rather than immediate shareholder returns. Future growth prospects hinge on government expenditure in the oil and gas sector, with optimism surrounding the upcoming Union Budget potentially enhancing market conditions. Additionally, ongoing capacity expansion projects aim to address production bottlenecks, positioning the company to capture market share in premium connections despite competitive pressures. Overall, a cautious yet optimistic outlook reflects a commitment to operational efficiency and sustainable growth.

MAHSEAMLES Stock Growth Drivers
MAHSEAMLES Stock Growth Drivers
7
  • Improved Financial Performance

    The company reported a slight increase in margins for seamless pipes and Electric Resistance Welded

  • Operational Resilience

    Despite a challenging economic environment characterized by low government expenditure and ongoing dumping from China,

MAHSEAMLES Stock Challenges
MAHSEAMLES Stock Challenges
4
  • Dependence on Government Demand

    The company's demand for seamless pipes is heavily reliant on government agency requirements, which raises

  • Frequent CFO Changes

    There have been frequent changes in the Chief Financial Officer (CFO) position over the past

MAHSEAMLES Forecast

MAHSEAMLES Forecasts

Price

Revenue

Earnings

MAHSEAMLES

MAHSEAMLES

Income

Balance Sheet

Cash Flow

MAHSEAMLES Income Statement

MAHSEAMLES Income Statement

Loading...

Quartersep 2023dec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025
Total Revenue1,565.121,465.941,258.901,215.781,382.541,409.831,457.741,305.031,234.431,290.24
Operating & Other expensessubtract1,207.481,065.19944.891,032.071,064.681,132.281,132.98979.941,039.67941.20
Depreciation/Amortizationsubtract25.7425.7423.8225.0125.2425.2825.3924.9625.1928.76
Interest & Other Itemssubtract0.720.690.460.930.810.520.500.480.430.82
Taxes & Other Itemssubtract80.7398.3771.3628.5071.7365.6856.8369.3343.8876.60
EPS18.6920.5916.309.6516.4213.8918.0617.199.3518.12

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 Ltd9.691.191.78%
APL Apollo Tubes Ltd81.9514.740.26%
Astral Ltd85.5412.130.22%
Ratnamani Metals and Tubes Ltd31.654.700.57%

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 Holding69.81%2.24%0.67%9.52%17.77%

Mar 2025

Jun 2025

Sep 2025

Dec 2025

MAHSEAMLES Shareholding History

MAHSEAMLES Shareholding History

SepDec '24MarJunSepDec '257.97%9.12%9.63%10.42%9.86%9.52%

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)
0.9428%0.96%0.04%50/89 (-22)
0.8872%0.25%-0.01%42/118 (-2)
0.0531%0.62%-0.04%67/75 (-4)

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 1.76%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹17.58 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 1.76%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹17.58 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

Earnings
Maharashtra Seamless consolidated net profit rises 30.52% in the December 2025 quarter

Net profit of Maharashtra Seamless rose 30.52% to Rs 242.86 crore in the quarter ended December 2025 as against Rs 186.07 crore during the previous quarter ended December 2024. Sales declined 22.57% to Rs 1090.29 crore in the quarter ended December 2025 as against Rs 1408.11 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1090.291408.11 -23 OPM %13.6719.59 - PBDT348.22277.03 26 PBT319.46251.75 27 NP242.86186.07 31 Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Spotlight
Maharashtra Seamless Q3 PAT jumps 30% YoY to Rs 243 cr

However, total revenue declined 8.48% year on year (YoY) to Rs 1,290.24 crore in Q3 FY26. Profit before tax stood at Rs 319.46 crore in Q3 FY26, up 26.89% as against Rs 251.75 crore in Q3 FY25. Total expenses decreased 16.18% YoY to Rs 967.55 crore. Employee benefits expense rose 8.26% to Rs 33.27 crore, while other expenses were lower by 10.28% at Rs 203.45 crore in Q3 FY26. The company said its board has approved the reappointment of S. P. Raj as Whole-time Director for a period of one year, effective 31 March 2026, subject to shareholders' approval. It added that Raj is not debarred from holding the office of director under any order of SEBI or any other authority. 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
Corporate
Maharashtra Seamless schedules board meeting

Maharashtra Seamless will hold a meeting of the Board of Directors of the Company on 28 January 2026.Powered by Capital Market - Live

1 month agoCapital Market - Live
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

2 months 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

3 months 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

3 months 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

3 months 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

4 months 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

4 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

5 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 27th February 2026 is ₹562. 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: 6.88%
    • Past 1 month: 10.89%
    • Past 3 months: -2.28%
    • Past 6 months: -14.18%
    • Past 1 year: -10.40%
    • Past 3 years: 85.14%
    • Past 5 years: 292.87%

  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 1.78.

  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 ₹7530.76 Cr as of 27th February 2026.

  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 ₹773.80 and the 52-week low is ₹500.70.

  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 9.69. The P/B (price-to-book) ratio is 1.19.

  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.