Companies›Industrials›Capital Goods›Industrial Products

MAHALAXMI SEAMLESS LTD.

Capital Goods › Industrial Products
₹10.75
at close · 28 Oct 2026
▲ 0.41 (+3.97%)

Latest filings

  1. No deviation report applicable for Q2 FY27 · Compliance
  2. Compliance certificate under SEBI Reg 74(5) filed for Q2 FY26-27 · Compliance
  3. Trading window closure ahead of Q2 results · Compliance
All filings ↓
Ask Nexa about MAHALAXMI SEAMLESS LTD.

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures seamless steel pipes and tubes at a single plant in Roha, Raigad district, Maharashtra, with the registered office in Goregaon (East), Mumbai. Operates as a single-segment business in the iron and steel products space. Employee cost is the dominant expense at 66.1% of revenue, followed by other operating expenses at 18.6% and depreciation at 10.4%. Posted a net loss of Rs 0.07 cr on revenue of Rs 1.89 cr in FY26, with negative other equity on the balance sheet indicating accumulated losses. Small enough to claim exemptions from several SEBI LODR provisions on the basis of paid-up capital and net worth thresholds. Listed on BSE under scrip code 513460.

Operating scale
Manufacturing plant
Roha, Raigad (Maharashtra)
Registered office
Goregaon (East), Mumbai
BSE scrip code
513460
Business segments
1 (seamless pipes and tubes)FY26
Managing Director
Vivek Madhavprasad Jalan
Wholetime Director
Madhavprasad G. Jalan
Biggest cost
Employee cost at 66.1% of FY26 revenue
Kind of business
Small, single-plant steel manufacturer focused on seamless pipes and tubes
Where it sits
BSE-listed small entity in the iron and steel products / seamless tubes space
Market Cap
₹6 Cr
P / E (TTM)
—
EV / EBITDA
21.5×
Div Yield
—
Growth
-0.3%▼
Revenue 5y CAGR
PAT — · EBITDA -24.5%
Quality
17.0%▲
ROCE (5y median)
ROE n/m · margin 16.5%
Leverage
n/m·
Debt / Equity · negative net worth
Net debt ₹0.95 Cr
Revenue FY21→FY26
1.0×▼
Margin −24.9 pts
₹2 Cr → ₹2 Cr
Cash conversion
147.54×▲
Operating cash ÷ profit · 5 yrs
₹3 Cr on ₹0 Cr
Moves on a normal day
4.26%·
Median daily move
Last 219 sessions · the yardstick for filing-day moves
Where it sits among 123 Iron & Steel Products peersBar = share of peers beaten · tick = industry median · latest reported figures
ROCE#107/115
EBITDA margin#11/100
Revenue growth#18/97
Profit growth#40/105

Scorecard

Measured from the filed financials, judged against its Iron & Steel Products peers · as of FY26 — not investment advice

Strengths
Returns on capital 17.0% (5-year median)
#107 of 115 in Iron & Steel Products on the latest reported figures
Over 5 years it reported ₹0.02 Cr of profit and ₹2.82 Cr of operating cash — 147.54×
Profit is converting into cash
Negative working-capital cycle — the business is funded by its suppliers
Concerns
Revenue shrinking over 5 years (0% a year)
Negative net worth — liabilities exceed assets by ₹0.54 Cr (FY26)
Debt-to-equity and return on equity are not meaningful below zero equity

Charts

How has the market priced it — with filings on the timeline?

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from MAHALAXMI SEAMLESS LTD.'s filed financials and exchange disclosures

What does MAHALAXMI SEAMLESS LTD. do?

MAHALAXMI SEAMLESS LTD. is a Industrial Products company listed on BSE.

Is MAHALAXMI SEAMLESS LTD. profitable?

No. Over the trailing twelve months MAHALAXMI SEAMLESS LTD. reported a net loss of ₹0.01 Cr on revenue of ₹2.06 Cr.

Does MAHALAXMI SEAMLESS LTD. pay a dividend?

Not in the latest reported year — MAHALAXMI SEAMLESS LTD.'s dividend payout for FY26 was nil.

Is MAHALAXMI SEAMLESS LTD. debt-free?

No. It reported borrowings of ₹1.06 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹0.95 Cr after cash. Its net worth is negative — liabilities exceed assets by ₹0.54 Cr, so a debt-to-equity ratio is not meaningful.

How much does the MAHALAXMI SEAMLESS LTD. share price move in a day?

On a typical session MAHALAXMI SEAMLESS LTD. moves 4.26% — that is the median absolute close-to-close move across its last 219 trading days. MarketPing measures each filing's price reaction against it.

Where can I track MAHALAXMI SEAMLESS LTD.'s announcements?

Every NSE and BSE filing by MAHALAXMI SEAMLESS LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.