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Maharashtra Seamless Ltd

MAHSEAMLES

Maharashtra Seamless Ltd

MAHSEAMLES
IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹8,921 cr, stock is ranked 595
Moderate RiskStock is 2.77x as volatile as Nifty
769.853.76% (+27.90)
769.853.76% (+27.90)

Price Chart

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IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹8,921 cr, stock is ranked 595
Moderate RiskStock is 2.77x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

Avg

Can be considered moderately valued vs the market

Growth

Avg

Financials growth has been moderate for a few years

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

IndustrialsBuilding Products - Pipes
SmallcapWith a market cap of ₹8,921 cr, stock is ranked 595
Moderate RiskStock is 2.77x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
10.571.561.50%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
50.667.190.53%

Forecast & Ratings

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

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

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

Investor Presentation

View older 

Oct 28, 2024

PDF
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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

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 12.01%, vs industry avg of 13.98%

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 6.39% to 6.01%

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 32.36%, vs industry avg of 21.77%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,075.881,510.522,249.193,145.152,694.792,395.744,321.655,808.615,546.305,323.16
Raw Materialssubtract700.22912.841,458.192,020.201,623.731,463.983,029.843,728.503,249.744,106.83
Power & Fuel Costsubtract94.10109.36170.03214.01193.03157.30257.87343.45329.89
Employee Costsubtract46.7152.7363.1671.3375.5272.3481.8196.38109.33
Selling & Administrative Expensessubtract32.0134.7942.6059.4959.8574.56129.32215.91161.75
Operating & Other expensessubtract107.1999.61105.20228.61430.07277.79128.89324.67354.59
Depreciation/Amortizationsubtract71.1170.9676.2379.6287.91121.46137.85137.72109.7299.81
Interest & Other Itemssubtract26.0333.9141.7138.8763.9255.7444.8938.328.472.89
Taxes & Other Itemssubtract22.8172.9781.34198.8276.8974.53-180.54158.91271.51269.96
EPS-1.819.2115.7317.486.267.3251.6257.0770.9962.96
DPS1.252.503.003.001.251.752.505.0010.0010.00
Payout ratio—0.270.190.170.200.240.050.090.140.16

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2019

Annual report

PDF

Investor Presentation

Nov 5PDF
FY 2022

Annual report

PDF

Investor Presentation

May 27PDF
Feb 2PDF
FY 2023

Annual report

PDF

Investor Presentation

May 26PDF
Oct 18PDF
Jul 25PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 1PDF
FY 2025

Annual Report Pending

Investor Presentation

Oct 28PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsBuilding Products - Pipes

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Maharashtra Seamless Ltd9.381.561.50%
Astral Ltd90.3415.090.20%
APL Apollo Tubes Ltd59.8912.170.35%
Ratnamani Metals and Tubes Ltd37.427.250.42%

Price Comparison

Compare MAHSEAMLES with any stock or ETF
Compare MAHSEAMLES with any stock or ETF
MAHSEAMLES
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Shareholdings

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

Institutional Holdings Trend

Increased 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 increased by 1.91%

Decreased 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 decreased by 1.26%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding68.04%3.56%0.81%7.97%19.61%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep5.96%7.99%10.50%11.97%9.23%7.97%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Maharashtra Seamless Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Quant Active Fund - Growth - Direct Plan

Growth
0.9695%0.82%0.47%43/66 (+2)
Quant Small Cap Fund - Growth - Direct Plan

Growth
0.9123%0.31%-0.04%35/94 (-3)
HSBC Small Cap Fund - Growth - Direct Plan

Growth
0.8164%0.43%-0.37%44/109 (-11)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Maharashtra Seamless Ltd

Events

Dividend Trend

Increasing Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

MAHSEAMLES has increased dividends consistently 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 1.50%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹15.02 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

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

Cash Dividend

Ex DateEx DateSep 14, 2020

Final
Final | Div/Share: ₹2.50

Dividend/Share

₹2.50

Ex DateEx Date

Sep 14, 2020

News & Opinions
Spotlight
Volumes soar at Maharashtra Seamless Ltd counter

Finolex Cables Ltd, Indus Towers Ltd, Triveni Engineering and Industries Ltd, Kalpataru Projects International Ltd are among the other stocks to see a surge in volumes on NSE today, 05 December 2024.Maharashtra Seamless Ltd clocked volume of 90.35 lakh shares by 14:14 IST on NSE, a 40.34 times surge over two-week average daily volume of 2.24 lakh shares. The stock gained 13.40% to Rs.755.00. Volumes stood at 2.84 lakh shares in the last session.Finolex Cables Ltd registered volume of 15.08 lakh shares by 14:14 IST on NSE, a 5.89 fold spurt over two-week average daily volume of 2.56 lakh shares. The stock rose 7.30% to Rs.1,315.00. Volumes stood at 12.04 lakh shares in the last session.Indus Towers Ltd notched up volume of 416.18 lakh shares by 14:14 IST on NSE, a 5.4 fold spurt over two-week average daily volume of 77.13 lakh shares. The stock rose 2.00% to Rs.364.35. Volumes stood at 77.5 lakh shares in the last session.Triveni Engineering and Industries Ltd clocked volume of 17.55 lakh shares by 14:14 IST on NSE, a 5.26 times surge over two-week average daily volume of 3.34 lakh shares. The stock gained 6.13% to Rs.433.65. Volumes stood at 2.51 lakh shares in the last session.Kalpataru Projects International Ltd witnessed volume of 21.71 lakh shares by 14:14 IST on NSE, a 4.89 times surge over two-week average daily volume of 4.44 lakh shares. The stock increased 6.50% to Rs.1,242.05. Volumes stood at 7.28 lakh shares in the last session.Powered by Capital Market - Live

19 hours agoCapital Market - Live
Spotlight
Maharashtra Seamless Ltd leads gainers in 'A' group

Greaves Cotton Ltd, Borosil Renewables Ltd, Zomato Ltd and MSTC Ltd are among the other gainers in the BSE's 'A' group today, 05 December 2024.Maharashtra Seamless Ltd surged 8.73% to Rs 724.6 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 2.09 lakh shares were traded on the counter so far as against the average daily volumes of 17004 shares in the past one month. Greaves Cotton Ltd soared 6.56% to Rs 203.1. The stock was the second biggest gainer in 'A' group. On the BSE, 7.63 lakh shares were traded on the counter so far as against the average daily volumes of 1.44 lakh shares in the past one month. Borosil Renewables Ltd spiked 5.28% to Rs 513. The stock was the third biggest gainer in 'A' group. On the BSE, 1.95 lakh shares were traded on the counter so far as against the average daily volumes of 50104 shares in the past one month. Zomato Ltd gained 5.27% to Rs 301.4. The stock was the fourth biggest gainer in 'A' group. On the BSE, 54.46 lakh shares were traded on the counter so far as against the average daily volumes of 29.68 lakh shares in the past one month. MSTC Ltd rose 5.16% to Rs 765.4. The stock was the fifth biggest gainer in 'A' group. On the BSE, 43633 shares were traded on the counter so far as against the average daily volumes of 29453 shares in the past one month. Powered by Capital Market - Live

22 hours agoCapital Market - Live
Live Market Update
Indices trade with minor cuts; European mkt advance

The headline indices traded with tiny losses in afternoon trade. The Nifty traded below the 24,350 mark. Auto, metal and pharma shares declined while banking stocks advanced. At 13:30 IST, the barometer index, the S&P BSE Sensex, was down 79.95 points or 0.10% to 79,932.00. The Nifty 50 index slipped 31.80 points or 0.13% to 24,307.35. In the broader market, the S&P BSE Mid-Cap index fell 0.21% and the S&P BSE Small-Cap index shed 0.11%. The market breadth was negative. On the BSE, 1,846 shares rose and 1,878 shares fell. A total of 152 shares were unchanged. Economy: According to the monthly report by the finance ministry, the outlook for the Indian economy is good, underpinned by a stable external sector, positive agricultural outlook, expected improvements in demand supported by the festive season, and the likelihood of an increase in Government spending, which will boost investment activity. However, at the margin, demand conditions in the economy bear watching. Given the overall subdued inflation, barring a few food items, the real price of money may have gone up. The finance ministry maintains that the Indian economy will grow between 6.5% and 7.0% in the current fiscal year. However, risks stem from global factors such as geopolitical conflicts, rising geo-economic fragmentation, uncertainties about the trade policies of major economies and consequent financial market reactions, the report noted. Gainers & Losers: SBI Life Insurance Company (up 3.39%), HDFC Life Insurance Company (up 2.99%), State Bank of India (SBI) (up 2.95%), Bharat Electronics (up 2.65%) and Eicher Motors (up 2.13%) were major Nifty gainers. Tata Motors (down 4.24%), Dr. Reddy's Laboratories (down 3.24%), Hero MotoCorp (down 3.11%), Bajaj Auto (down 2.75%) and IndusInd Bank (down 2.46%) were major Nifty losers. Stocks in Spotlight: Bharti Airtel declined 2%. The telecom major reported a consolidated net profit of Rs 3,593.2 crore in Q2 FY25, steeply higher than Rs 1,340.7 crore posted in Q2 FY24. revenue from operations increased 11.95% YoY to Rs 41,473.3 crore in Q2 FY25, driven by strong momentum in India and sustained constant currency growth in Africa. Maharashtra Seamless advanced 2.82% after the iron & steel producer reported 70.25% jump in consolidated net profit to Rs 220.08 crore on a 12.24% rise in net sales to Rs 1,291.81 crore in Q2 FY25 over Q1 FY25. Indraprastha Gas added 2.51%. The consolidated net profit declined 17.69% to Rs 454.88 crore in Q2 FY25 as compared with Rs 552.67 crore in Q2 FY24. Howerver, revenue from operations (excluding excise duty) rose 6.91% to Rs 3,697.6 crore in Q2 FY25 from Rs 3,458.51 crore posted in Q2 FY24. Restaurant Brands Asia slipped 2.94% after the company reported consolidated net loss of Rs 65.45 crore in Q2 FY25 as compared with net loss of Rs 50.65 crore in Q2 FY24. Revenue from operations advanced 1.2% YoY to Rs 632.43 crore in Q2 FY25. Federal bank surged 8.18% after the private lender's standalone net profit rose 10.78% to Rs 1,056.69 crore in Q2 FY25 as against Rs 953.82 crore posted in Q2 FY24. Total income jumped 21.91% year on year (YoY) to Rs 7,541.23 crore in the quarter ended 30 September 2024. Tamilnad Mercantile Bank rose 2.75% after the bank's standalone net profit jumped 10.85% to Rs 303.18 crore on 14.62% increase in total income to Rs 1,564.88 crore in Q2 FY25 over Q2 FY24. Spandana Sphoorty Financial tumbled 17.18% after the microfinancier reported a consolidated net loss of Rs 216 crore in Q2 FY25 as against a net profit of Rs 125 crore in Q2 FY24. Total income fell by 4% YoY to Rs 707 crore during the quarter. Net interest income (NII) rose by 9% to Rs 341 crore in Q2 FY25 over Q2 FY24. Ideaforge Technology dropped 7.87% after the company reported net loss of Rs 13.72 crore in Q2 FY25 as compared with net profit of Rs 0.89 crore in Q2 FY24. Revenue from operations increased 56.34% YoY to Rs 37.10 crore in Q2 FY25. Global Markets: European shares advanced while Asian stocks traded mixed on Tuesday. Investors turned their attention to a flurry of key earnings reports due out in the coming days. While Japanese markets continued their upward trend following the ruling coalition's loss of its parliamentary majority, the broader Asian market was less enthusiastic. The Bank of Japan's upcoming meeting later this week is expected to maintain its current monetary policy stance. US stocks closed higher on Monday, driven by hopes of easing geopolitical tensions in the Middle East. The focus is firmly on the upcoming deluge of major earnings reports and economic data releases. The S&P 500 gained 0.27% to 5,823.52, the NASDAQ Composite rose 0.26% to 18,568.05, and the Dow Jones Industrial Average outperformed with a 0.65% increase to 42,387.57. Key economic events this week include the release of US GDP data for the third quarter on Thursday, followed by the PCE price index (the Fed's preferred inflation gauge) and nonfarm payrolls data on Friday. These figures will provide crucial insights ahead of the Fed's upcoming meeting, where a smaller 25-basis-point rate cut is widely anticipated. Additionally, the US presidential elections are scheduled for November 5th. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Maharashtra Seamless rises as PAT jumps 70% YoY in Q2 FY25

On year on year basis, the company's net profit decreased 12.13% and revenue from operations declined 15.85% in September 2024 quarter. Profit before tax stood at Rs 291.81 crore in the quarter ended 30 September 2024, up 84.96% QoQ while down 11.89% YoY. For Q2 FY25, EBITDA improved 83.33% QoQ while declined 30.63% YoY to Rs 231 crore in September 2024 quarter. EBIDTA margin was at 18% in Q2 FY25 as against 11% in Q1 FY25 and compared with 22% posted in Q2 FY24. Maharashtra Seamless manufactures carbon and alloy steel seamless pipes, ERW (Electrical Resistance Welding) steel and castings pipes. The company also owns a wind power mill. Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Maharashtra Seamless consolidated net profit declines 12.13% in the September 2024 quarter

Net profit of Maharashtra Seamless declined 12.13% to Rs 220.08 crore in the quarter ended September 2024 as against Rs 250.45 crore during the previous quarter ended September 2023. Sales declined 15.85% to Rs 1291.81 crore in the quarter ended September 2024 as against Rs 1535.15 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1291.811535.15 -16 OPM %17.5821.34 - PBDT317.05356.92 -11 PBT291.81331.18 -12 NP220.08250.45 -12 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Maharashtra Seamless to hold board meeting

Maharashtra Seamless will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live
Revenue Fell In Q1FY25 Due To Lower Raw Materials And Accounting Adjustments: Maharashtra Seamless
4 months agoCNBC-TV18

Board of Maharashtra Seamless recommends appointment of directors

4 months agoBusiness Standard
Corporate
Maharashtra Seamless fixes record date for dividend

Maharashtra Seamless has fixed 14 August 2024 as record date for for the purpose of determining the members eligible to receive dividend for the financial year 2023-24. Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Board of Maharashtra Seamless recommends appointment of directors

The Board of Maharashtra Seamless at its meeting held on 29 July 2024 has recommended the appointment of Kamal Kishore Bhartia and Mohan Gupta as Independent Directors of the Company for five years from 26th September, 2024, subject to approval of members. Powered by Capital Market - Live

4 months agoCapital Market - Live