MAHSEAMLES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Maharashtra Seamless Limited reported audited standalone net profit of Rs. 718.16 Crores for FY 2025-26, down from Rs. 792.85 Crores in the previous year. Revenue from operations declined to Rs. 4,671.41 Crores from Rs. 5,265.90 Crores. The Board recommended a dividend of Rs. 10 per equity share (200% on face value of Rs. 5), subject to shareholder approval. Key corporate actions include proposal to shift the registered office from Maharashtra to Haryana and approval of a scheme of arrangement for demerger of two business undertakings into separate companies. The company also appointed R. J. Goel & Co. as Cost Auditors for FY 2026-27.
The 9.4% decline in net profit reflects challenging market conditions, though the 200% dividend payout signals management confidence. The proposed demerger could create value by separating business units. Shareholders should monitor the upcoming postal ballot for the registered office relocation and demerger approvals.