MAHARASHTRA SEAMLESS LTD is a Industrial Products company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 4,200 | 5,716 | 5,404 | 5,269 | 4,674 |
| EBITDA (ex other income) | 612 | 1,040 | 1,199 | 920 | 678 |
| margin % | 14.6 | 18.2 | 22.2 | 17.5 | 14.5 |
| Owners' profit | 380 | 765 | 952 | 777 | 701 |
| EPS, as reported (₹) | 56.75 | 114.14 | 70.99 | 58.02 | 52.33 |
| ROE % · ROCE % | 10.9 · 12.9 | 16.1 · 18.7 | 16.6 · 20.0 | 12.3 · 15.0 | 10.2 · 13.0 |
| Debt / equity (x) | 0.19 | 0.05 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (283) | 917 | 1,042 | 610 | 933 |
| Capex | (8) | (19) | (32) | (23) | (170) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,292 | 1,408 | 1,418 | 1,145 | 1,159 | 1,090 | 1,280 | 1,091 |
| Profit before tax | 296 | 256 | 299 | 300 | 173 | 323 | 155 | 326 |
| Net profit | 220 | 186 | 242 | 230 | 125 | 243 | 103 | 266 |
| EPS (₹) | 16.42 | 13.89 | 18.06 | 17.19 | 9.35 | 18.12 | 7.67 | 19.88 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| a. Steel Pipes & Tubes | 1,259 | 24.6 |
| b. Power - Electricity | 21 | 0.4 |
| c. Rig | 15 | 0.3 |
| Steel Pipes & Tubes | 3,357 | 65.6 |
| Power - Electricity | 39 | 0.8 |
| Rig | 16 | 0.3 |
| Others /Unallocated | 276 | 5.4 |
| Power-Electricity | 21 | 0.4 |
| Others/Unallocated | 162 | 3.2 |
| Total, before eliminations | 5,165 | 100.0 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 1 Sept 2026 · Corrigendum to FY25-26 Annual Report removes qualified opinion reference | results | medium | — | — |
| 25 Aug 2026 · AGM Notice and Annual Report web-link sent to shareholders | compliance | minimal | — | — |
| 25 Aug 2026 · Maharashtra Seamless 38th AGM notice and e-voting details published in newspapers | compliance | minimal | — | — |
| 24 Aug 2026 · BRSR filed for FY 2025-26, standalone basis, no external assurance | compliance | low | — | — |
| 24 Aug 2026 · Annual Report FY26 and 38th AGM Notice - Maharashtra Seamless Ltd | board shareholder meetings | low | — | — |
| 24 Aug 2026 · Maharashtra Seamless 38th AGM on Sep 15 2026 and FY26 annual report | board shareholder meetings | low | — | — |
| 21 Aug 2026 · Maharashtra Seamless: Pre AGM Notice Published, Record Date Sept 11 | compliance | minimal | — | — |
| 12 Aug 2026 · Earnings call transcript filed for Q1 FY27 | investor communications | medium | — | — |
| 10 Aug 2026 · Newspaper publication of Q1 FY27 financial results submitted to exchanges | compliance | minimal | — | — |
| 8 Aug 2026 · Q1 FY27 earnings call recording link shared with exchanges | investor communications | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| WELSPUN CORP LIMITED | 70,880 | 30.7 | 7.54 | 30.2 | 17.2 | 14.9 | 21.1 | 18.5 |
| APL APOLLO TUBES LTD | 59,803 | 48.6 | 11.29 | 31.1 | 22.7 | 26.1 | 22.1 | 8.0 |
| SHYAM METALICS AND ENGY L | 29,979 | 26.8 | 2.43 | 12.2 | 8.6 | 11.4 | 24.1 | 14.9 |
| JINDAL SAW LIMITED | 20,016 | 30.5 | 1.63 | 10.5 | 7.5 | 6.8 | 10.9 | 9.4 |
| RATNAMANI MET & TUB LTD. | 19,815 | 45.8 | 4.71 | 23.1 | 12.7 | 15.6 | 14.4 | 18.5 |
| GODAWARI POW & ISP LTD | 15,875 | 18.6 | 2.71 | 12.0 | 13.7 | 17.0 | 5.7 | 21.0 |
| USHA MARTIN LTD. | 15,069 | 29.7 | 4.56 | 19.8 | 14.1 | 17.7 | 12.0 | 21.0 |
| GALLANTT ISPAT LIMITED | 13,270 | 30.6 | 4.00 | 17.7 | 14.6 | 16.8 | 34.4 | 17.8 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 13.3 | 16.2 | 44 of 118 | 63% |
| P/B | 1.4 | 1.7 | 42 of 99 | 58% |
| ROCE | 13.0 | 8.7 | 39 of 120 | 68% |
| ROE | 10.2 | 8.6 | 47 of 114 | 59% |
| Debt / Equity | 0.0 | 0.1 | 27 of 114 | 77% |
| EBITDA margin | 32.7 | 11.0 | 12 of 100 | 89% |
| Revenue growth | (4.7) | 13.7 | 72 of 97 | 26% |
| Profit growth | 15.7 | 29.3 | 64 of 105 | 39% |
| Market cap | 9782 | 247 | 9 of 120 | 93% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
