Share Price and Basic Stock Data
Last Updated: November 28, 2025, 8:45 am
| PEG Ratio | 3.88 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Maharashtra Seamless Ltd operates in the steel industry, specifically focusing on seamless tubes. The company’s current share price stands at ₹565, with a market capitalization of ₹7,578 Cr. Over the past few years, Maharashtra Seamless has demonstrated substantial revenue growth, with sales increasing from ₹4,211 Cr in March 2022 to ₹5,716 Cr in March 2023. However, the company reported a decline in sales to ₹5,404 Cr in March 2024 and further to ₹5,269 Cr in March 2025. This trend indicates a potential stabilization or correction after a period of rapid growth. The company’s operating profit margin (OPM) has varied significantly, peaking at 22% in March 2024, reflecting the company’s ability to manage costs effectively during periods of high demand. Despite recent fluctuations, the overall sales trajectory underscores Maharashtra Seamless’s strong position within the seamless tube market, driven by diverse applications in sectors like oil and gas, construction, and automotive.
Profitability and Efficiency Metrics
Maharashtra Seamless has reported a consistent profitability profile, with a net profit of ₹784 Cr and a return on equity (ROE) of 12.9%. The company has maintained a healthy operating profit margin, which stood at 14% for the latest fiscal year. Efficiency metrics further bolster its financial health, with a remarkable interest coverage ratio (ICR) of 404.88x, indicating its strong ability to cover interest expenses with operating profits. The company’s cash conversion cycle (CCC) is reported at 176 days, reflecting a moderate efficiency in managing working capital. Additionally, the return on capital employed (ROCE) is reported at 16.6%, suggesting effective utilization of capital in generating earnings. Despite these strengths, the operating profit has shown variability, with notable peaks and troughs in quarterly results, indicating potential operational challenges during certain periods.
Balance Sheet Strength and Financial Ratios
The balance sheet of Maharashtra Seamless reflects a robust financial position, characterized by substantial reserves of ₹6,497 Cr and minimal borrowings of just ₹10 Cr. This low leverage indicates a conservative approach to financing, reducing interest burdens and enhancing financial flexibility. The company’s debt-to-equity ratio stands at 0.00, demonstrating no reliance on debt financing. Furthermore, the current ratio is a strong 16.35, indicating excellent liquidity to cover short-term obligations. The book value per share, including revaluation reserves, is reported at ₹473.13, while the price-to-book value ratio stands at 1.44x, suggesting that the stock is reasonably valued relative to its net assets. The stability of the company is further highlighted by its retained earnings, which have been consistently high, providing a cushion for future growth or downturns.
Shareholding Pattern and Investor Confidence
The shareholding structure of Maharashtra Seamless indicates strong promoter confidence, with promoters holding 69.05% of the equity as of September 2025. This substantial ownership suggests a commitment to the company’s long-term vision. Foreign institutional investors (FIIs) own 9.86% of the shares, while domestic institutional investors (DIIs) hold 3.64%, reflecting a moderate level of institutional interest in the company. The public shareholding stands at 17.46%, indicating a healthy distribution among retail investors. The number of shareholders has increased significantly, from 49,033 in December 2022 to 94,257 by September 2025, which may enhance liquidity and market interest. This growing base of shareholders coupled with stable promoter holdings may indicate robust investor confidence in the company’s strategic direction and operational performance.
Outlook, Risks, and Final Insight
Looking ahead, Maharashtra Seamless faces both opportunities and challenges. The company’s strong fundamentals, characterized by low debt, high liquidity, and robust profitability metrics, position it well for future growth. However, risks include potential volatility in raw material prices and shifts in demand within the steel industry, which could affect profitability. Additionally, the fluctuation in quarterly sales and operating profits suggests that the company must navigate operational challenges effectively. If the company can manage these risks while capitalizing on its strengths, it may sustain its competitive edge in the seamless tube market. Conversely, failure to address these challenges could hinder growth prospects and impact investor sentiment. Overall, Maharashtra Seamless appears well-prepared to leverage its strong financial metrics and shareholder support to navigate the evolving market landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Maharashtra Seamless Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Maharashtra Seamless Ltd | 7,706 Cr. | 575 | 814/540 | 9.83 | 490 | 1.74 % | 16.6 % | 12.9 % | 5.00 |
| Industry Average | 7,706.00 Cr | 575.00 | 9.83 | 490.00 | 1.74% | 16.60% | 12.90% | 5.00 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,334 | 1,414 | 1,339 | 1,633 | 1,223 | 1,535 | 1,431 | 1,215 | 1,151 | 1,292 | 1,408 | 1,418 | 1,145 |
| Expenses | 1,115 | 1,171 | 1,100 | 1,319 | 988 | 1,207 | 1,065 | 945 | 1,032 | 1,065 | 1,132 | 1,133 | 980 |
| Operating Profit | 220 | 243 | 239 | 314 | 235 | 328 | 366 | 270 | 119 | 227 | 276 | 285 | 165 |
| OPM % | 16% | 17% | 18% | 19% | 19% | 21% | 26% | 22% | 10% | 18% | 20% | 20% | 14% |
| Other Income | 18 | 22 | 18 | 27 | 33 | 30 | 35 | 44 | 65 | 91 | 2 | 40 | 160 |
| Interest | 11 | 13 | 9 | 6 | 7 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 0 |
| Depreciation | 35 | 34 | 35 | 34 | 34 | 26 | 26 | 24 | 25 | 25 | 25 | 25 | 25 |
| Profit before tax | 193 | 217 | 213 | 301 | 228 | 331 | 374 | 290 | 158 | 292 | 252 | 299 | 300 |
| Tax % | 28% | 26% | 25% | -24% | 9% | 24% | 26% | 25% | 18% | 25% | 26% | 19% | 23% |
| Net Profit | 140 | 161 | 160 | 373 | 207 | 251 | 276 | 218 | 129 | 220 | 186 | 242 | 230 |
| EPS in Rs | 10.41 | 12.02 | 11.91 | 27.62 | 15.42 | 18.69 | 20.59 | 16.30 | 9.65 | 16.42 | 13.89 | 18.06 | 17.19 |
Last Updated: August 1, 2025, 5:35 pm
Below is a detailed analysis of the quarterly data for Maharashtra Seamless Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 1,145.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,418.00 Cr. (Mar 2025) to 1,145.00 Cr., marking a decrease of 273.00 Cr..
- For Expenses, as of Jun 2025, the value is 980.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,133.00 Cr. (Mar 2025) to 980.00 Cr., marking a decrease of 153.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 165.00 Cr.. The value appears to be declining and may need further review. It has decreased from 285.00 Cr. (Mar 2025) to 165.00 Cr., marking a decrease of 120.00 Cr..
- For OPM %, as of Jun 2025, the value is 14.00%. The value appears to be declining and may need further review. It has decreased from 20.00% (Mar 2025) to 14.00%, marking a decrease of 6.00%.
- For Other Income, as of Jun 2025, the value is 160.00 Cr.. The value appears strong and on an upward trend. It has increased from 40.00 Cr. (Mar 2025) to 160.00 Cr., marking an increase of 120.00 Cr..
- For Interest, as of Jun 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Depreciation, as of Jun 2025, the value is 25.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 25.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 300.00 Cr.. The value appears strong and on an upward trend. It has increased from 299.00 Cr. (Mar 2025) to 300.00 Cr., marking an increase of 1.00 Cr..
- For Tax %, as of Jun 2025, the value is 23.00%. The value appears to be increasing, which may not be favorable. It has increased from 19.00% (Mar 2025) to 23.00%, marking an increase of 4.00%.
- For Net Profit, as of Jun 2025, the value is 230.00 Cr.. The value appears to be declining and may need further review. It has decreased from 242.00 Cr. (Mar 2025) to 230.00 Cr., marking a decrease of 12.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 17.19. The value appears to be declining and may need further review. It has decreased from 18.06 (Mar 2025) to 17.19, marking a decrease of 0.87.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 4:56 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,209 | 1,355 | 1,019 | 1,434 | 2,150 | 3,052 | 2,645 | 2,308 | 4,211 | 5,716 | 5,404 | 5,269 | 5,130 |
| Expenses | 1,120 | 1,249 | 980 | 1,209 | 1,839 | 2,383 | 2,135 | 1,867 | 3,628 | 4,705 | 4,205 | 4,361 | 4,285 |
| Operating Profit | 89 | 105 | 38 | 225 | 311 | 669 | 509 | 441 | 583 | 1,011 | 1,199 | 908 | 845 |
| OPM % | 7% | 8% | 4% | 16% | 14% | 22% | 19% | 19% | 14% | 18% | 22% | 17% | 16% |
| Other Income | 64 | 74 | 57 | 76 | 99 | -117 | -197 | -91 | 111 | 88 | 142 | 196 | 277 |
| Interest | 5 | 20 | 26 | 34 | 42 | 39 | 64 | 56 | 45 | 38 | 8 | 3 | 2 |
| Depreciation | 37 | 31 | 71 | 71 | 76 | 80 | 88 | 121 | 138 | 138 | 110 | 101 | 101 |
| Profit before tax | 111 | 129 | -2 | 196 | 292 | 433 | 161 | 173 | 511 | 924 | 1,223 | 1,000 | 1,019 |
| Tax % | 13% | 29% | 1,521% | 41% | 31% | 53% | 29% | 30% | -35% | 17% | 22% | 22% | |
| Net Profit | 102 | 118 | -24 | 116 | 200 | 202 | 115 | 121 | 692 | 768 | 952 | 777 | 784 |
| EPS in Rs | 7.39 | 8.79 | -1.81 | 9.21 | 15.73 | 17.48 | 6.26 | 7.32 | 51.62 | 57.07 | 71.00 | 58.03 | 58.49 |
| Dividend Payout % | 40% | 28% | -69% | 27% | 19% | 17% | 20% | 24% | 5% | 9% | 14% | 17% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 15.69% | -120.34% | 583.33% | 72.41% | 1.00% | -43.07% | 5.22% | 471.90% | 10.98% | 23.96% | -18.38% |
| Change in YoY Net Profit Growth (%) | 0.00% | -136.03% | 703.67% | -510.92% | -71.41% | -44.07% | 48.29% | 466.68% | -460.92% | 12.98% | -42.34% |
Maharashtra Seamless Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 15% |
| 3 Years: | 8% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 36% |
| 3 Years: | 4% |
| TTM: | 1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 41% |
| 3 Years: | 17% |
| 1 Year: | -5% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 15% |
| 3 Years: | 16% |
| Last Year: | 13% |
Last Updated: September 5, 2025, 10:15 am
Balance Sheet
Last Updated: November 9, 2025, 2:27 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 67 | 67 | 67 | 67 |
| Reserves | 2,765 | 2,763 | 2,549 | 2,650 | 2,896 | 3,037 | 3,171 | 3,265 | 3,951 | 4,707 | 5,664 | 6,273 | 6,497 |
| Borrowings | 138 | 916 | 665 | 703 | 626 | 1,059 | 1,145 | 922 | 709 | 244 | 0 | 0 | 10 |
| Other Liabilities | 352 | 313 | 436 | 470 | 483 | 666 | 889 | 1,135 | 695 | 841 | 852 | 693 | 748 |
| Total Liabilities | 3,288 | 4,026 | 3,684 | 3,856 | 4,039 | 4,795 | 5,239 | 5,356 | 5,388 | 5,859 | 6,583 | 7,033 | 7,321 |
| Fixed Assets | 1,231 | 1,472 | 1,121 | 1,095 | 1,235 | 1,173 | 2,364 | 2,268 | 2,135 | 2,016 | 1,950 | 1,864 | 1,818 |
| CWIP | 34 | 37 | 31 | 119 | 17 | 23 | 29 | 9 | 13 | 14 | 3 | 14 | 46 |
| Investments | 834 | 1,373 | 1,444 | 1,529 | 1,461 | 1,276 | 1,007 | 1,071 | 646 | 1,177 | 2,098 | 2,892 | 3,385 |
| Other Assets | 1,189 | 1,143 | 1,088 | 1,113 | 1,326 | 2,322 | 1,840 | 2,008 | 2,593 | 2,651 | 2,533 | 2,263 | 2,072 |
| Total Assets | 3,288 | 4,026 | 3,684 | 3,856 | 4,039 | 4,795 | 5,239 | 5,356 | 5,388 | 5,859 | 6,583 | 7,033 | 7,321 |
Below is a detailed analysis of the balance sheet data for Maharashtra Seamless Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 67.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 67.00 Cr..
- For Reserves, as of Sep 2025, the value is 6,497.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,273.00 Cr. (Mar 2025) to 6,497.00 Cr., marking an increase of 224.00 Cr..
- For Borrowings, as of Sep 2025, the value is 10.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 0.00 Cr. (Mar 2025) to 10.00 Cr., marking an increase of 10.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 748.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 693.00 Cr. (Mar 2025) to 748.00 Cr., marking an increase of 55.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 7,321.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7,033.00 Cr. (Mar 2025) to 7,321.00 Cr., marking an increase of 288.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 1,818.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,864.00 Cr. (Mar 2025) to 1,818.00 Cr., marking a decrease of 46.00 Cr..
- For CWIP, as of Sep 2025, the value is 46.00 Cr.. The value appears strong and on an upward trend. It has increased from 14.00 Cr. (Mar 2025) to 46.00 Cr., marking an increase of 32.00 Cr..
- For Investments, as of Sep 2025, the value is 3,385.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,892.00 Cr. (Mar 2025) to 3,385.00 Cr., marking an increase of 493.00 Cr..
- For Other Assets, as of Sep 2025, the value is 2,072.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,263.00 Cr. (Mar 2025) to 2,072.00 Cr., marking a decrease of 191.00 Cr..
- For Total Assets, as of Sep 2025, the value is 7,321.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,033.00 Cr. (Mar 2025) to 7,321.00 Cr., marking an increase of 288.00 Cr..
Notably, the Reserves (6,497.00 Cr.) exceed the Borrowings (10.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -49.00 | -811.00 | -627.00 | -478.00 | -315.00 | 668.00 | 508.00 | -481.00 | -126.00 | -243.00 | 1.00 | 908.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 102 | 80 | 96 | 79 | 66 | 59 | 50 | 75 | 48 | 41 | 35 | 45 |
| Inventory Days | 186 | 189 | 246 | 192 | 132 | 150 | 172 | 255 | 182 | 148 | 175 | 148 |
| Days Payable | 63 | 28 | 65 | 55 | 34 | 53 | 129 | 194 | 61 | 29 | 32 | 17 |
| Cash Conversion Cycle | 225 | 241 | 277 | 215 | 165 | 155 | 93 | 135 | 169 | 160 | 178 | 176 |
| Working Capital Days | 211 | 139 | 165 | 103 | 155 | 196 | 105 | 135 | 148 | 130 | 137 | 133 |
| ROCE % | 2% | 3% | 0% | 6% | 9% | 18% | 11% | 9% | 12% | 20% | 23% | 17% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HSBC Small Cap Fund - Regular Plan | 1,852,367 | 0.69 | 118.98 | 1,852,367 | 2025-04-22 17:25:27 | 0% |
| Quant Active Fund | 1,382,031 | 0.79 | 88.77 | 1,382,031 | 2025-04-22 17:25:27 | 0% |
| Quant Small Cap Fund | 1,300,497 | 0.31 | 83.53 | 1,300,497 | 2025-04-22 17:25:27 | 0% |
| L&T Flexicap Fund - Regular Plan | 568,662 | 1.54 | 44.49 | 568,662 | 2025-04-22 17:25:27 | 0% |
| ITI Value Fund | 44,011 | 0.93 | 2.83 | 44,011 | 2025-04-22 17:25:27 | 0% |
| Nippon India Nifty Smallcap 250 Index Fund | 39,253 | 0.13 | 2.52 | 39,253 | 2025-04-22 17:25:27 | 0% |
| LIC MF Dividend Yield Fund | 37,059 | 0.55 | 2.38 | 37,059 | 2025-04-22 17:25:27 | 0% |
| SBI Nifty Smallcap 250 Index Fund | 24,327 | 0.13 | 1.56 | 24,327 | 2025-04-22 17:25:27 | 0% |
| DSP Nifty Smallcap250 Quality 50 Index Fund | 22,801 | 0.96 | 1.46 | 22,801 | 2025-04-22 13:02:21 | 0% |
| Motilal Oswal Nifty Smallcap 250 Index Fund | 17,400 | 0.13 | 1.12 | 17,400 | 2025-04-22 17:25:27 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Basic EPS (Rs.) | 58.02 | 70.99 | 57.07 | 56.75 | 14.63 |
| Diluted EPS (Rs.) | 58.02 | 70.99 | 57.07 | 56.75 | 14.63 |
| Cash EPS (Rs.) | 66.56 | 80.89 | 69.76 | 85.25 | 40.18 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 472.82 | 427.36 | 355.96 | 551.74 | 492.36 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 473.13 | 427.66 | 356.27 | 551.74 | 492.36 |
| Revenue From Operations / Share (Rs.) | 393.18 | 403.29 | 426.60 | 626.91 | 344.53 |
| PBDIT / Share (Rs.) | 83.39 | 101.76 | 84.26 | 107.92 | 82.51 |
| PBIT / Share (Rs.) | 75.86 | 93.57 | 73.99 | 87.34 | 64.38 |
| PBT / Share (Rs.) | 75.66 | 92.94 | 71.13 | 79.78 | 29.68 |
| Net Profit / Share (Rs.) | 59.02 | 72.70 | 59.48 | 64.67 | 22.05 |
| NP After MI And SOA / Share (Rs.) | 58.02 | 70.99 | 57.07 | 56.75 | 14.63 |
| PBDIT Margin (%) | 21.20 | 25.23 | 19.75 | 17.21 | 23.94 |
| PBIT Margin (%) | 19.29 | 23.20 | 17.34 | 13.93 | 18.68 |
| PBT Margin (%) | 19.24 | 23.04 | 16.67 | 12.72 | 8.61 |
| Net Profit Margin (%) | 15.01 | 18.02 | 13.94 | 10.31 | 6.40 |
| NP After MI And SOA Margin (%) | 14.75 | 17.60 | 13.37 | 9.05 | 4.24 |
| Return on Networth / Equity (%) | 12.27 | 16.57 | 15.98 | 10.28 | 2.97 |
| Return on Capital Employeed (%) | 15.03 | 20.36 | 18.65 | 12.86 | 10.01 |
| Return On Assets (%) | 11.05 | 14.44 | 13.05 | 7.05 | 1.83 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.03 | 0.13 | 0.21 |
| Total Debt / Equity (X) | 0.00 | 0.00 | 0.05 | 0.19 | 0.28 |
| Asset Turnover Ratio (%) | 0.77 | 0.86 | 1.02 | 0.68 | 0.42 |
| Current Ratio (X) | 16.35 | 8.40 | 5.90 | 3.15 | 2.04 |
| Quick Ratio (X) | 11.40 | 4.74 | 3.13 | 1.44 | 1.11 |
| Inventory Turnover Ratio (X) | 3.61 | 2.11 | 2.54 | 2.27 | 1.71 |
| Dividend Payout Ratio (NP) (%) | 17.23 | 7.04 | 4.38 | 6.16 | 17.08 |
| Dividend Payout Ratio (CP) (%) | 15.25 | 6.31 | 3.71 | 4.52 | 7.63 |
| Earning Retention Ratio (%) | 82.77 | 92.96 | 95.62 | 93.84 | 82.92 |
| Cash Earning Retention Ratio (%) | 84.75 | 93.69 | 96.29 | 95.48 | 92.37 |
| Interest Coverage Ratio (X) | 404.88 | 160.99 | 29.46 | 14.26 | 9.92 |
| Interest Coverage Ratio (Post Tax) (X) | 287.57 | 116.02 | 21.80 | 9.55 | 6.82 |
| Enterprise Value (Cr.) | 9099.65 | 11266.08 | 4966.09 | 4354.20 | 2712.09 |
| EV / Net Operating Revenue (X) | 1.73 | 2.08 | 0.86 | 1.04 | 1.17 |
| EV / EBITDA (X) | 8.14 | 8.26 | 4.40 | 6.02 | 4.91 |
| MarketCap / Net Operating Revenue (X) | 1.74 | 2.10 | 0.83 | 0.87 | 0.80 |
| Retention Ratios (%) | 82.76 | 92.95 | 95.61 | 93.83 | 82.91 |
| Price / BV (X) | 1.44 | 1.97 | 1.00 | 0.99 | 0.56 |
| Price / Net Operating Revenue (X) | 1.74 | 2.10 | 0.83 | 0.87 | 0.80 |
| EarningsYield | 0.08 | 0.08 | 0.15 | 0.10 | 0.05 |
After reviewing the key financial ratios for Maharashtra Seamless Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 5.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 58.02. This value is within the healthy range. It has decreased from 70.99 (Mar 24) to 58.02, marking a decrease of 12.97.
- For Diluted EPS (Rs.), as of Mar 25, the value is 58.02. This value is within the healthy range. It has decreased from 70.99 (Mar 24) to 58.02, marking a decrease of 12.97.
- For Cash EPS (Rs.), as of Mar 25, the value is 66.56. This value is within the healthy range. It has decreased from 80.89 (Mar 24) to 66.56, marking a decrease of 14.33.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 472.82. It has increased from 427.36 (Mar 24) to 472.82, marking an increase of 45.46.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 473.13. It has increased from 427.66 (Mar 24) to 473.13, marking an increase of 45.47.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 393.18. It has decreased from 403.29 (Mar 24) to 393.18, marking a decrease of 10.11.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 83.39. This value is within the healthy range. It has decreased from 101.76 (Mar 24) to 83.39, marking a decrease of 18.37.
- For PBIT / Share (Rs.), as of Mar 25, the value is 75.86. This value is within the healthy range. It has decreased from 93.57 (Mar 24) to 75.86, marking a decrease of 17.71.
- For PBT / Share (Rs.), as of Mar 25, the value is 75.66. This value is within the healthy range. It has decreased from 92.94 (Mar 24) to 75.66, marking a decrease of 17.28.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 59.02. This value is within the healthy range. It has decreased from 72.70 (Mar 24) to 59.02, marking a decrease of 13.68.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 58.02. This value is within the healthy range. It has decreased from 70.99 (Mar 24) to 58.02, marking a decrease of 12.97.
- For PBDIT Margin (%), as of Mar 25, the value is 21.20. This value is within the healthy range. It has decreased from 25.23 (Mar 24) to 21.20, marking a decrease of 4.03.
- For PBIT Margin (%), as of Mar 25, the value is 19.29. This value is within the healthy range. It has decreased from 23.20 (Mar 24) to 19.29, marking a decrease of 3.91.
- For PBT Margin (%), as of Mar 25, the value is 19.24. This value is within the healthy range. It has decreased from 23.04 (Mar 24) to 19.24, marking a decrease of 3.80.
- For Net Profit Margin (%), as of Mar 25, the value is 15.01. This value exceeds the healthy maximum of 10. It has decreased from 18.02 (Mar 24) to 15.01, marking a decrease of 3.01.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 14.75. This value is within the healthy range. It has decreased from 17.60 (Mar 24) to 14.75, marking a decrease of 2.85.
- For Return on Networth / Equity (%), as of Mar 25, the value is 12.27. This value is below the healthy minimum of 15. It has decreased from 16.57 (Mar 24) to 12.27, marking a decrease of 4.30.
- For Return on Capital Employeed (%), as of Mar 25, the value is 15.03. This value is within the healthy range. It has decreased from 20.36 (Mar 24) to 15.03, marking a decrease of 5.33.
- For Return On Assets (%), as of Mar 25, the value is 11.05. This value is within the healthy range. It has decreased from 14.44 (Mar 24) to 11.05, marking a decrease of 3.39.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.77. It has decreased from 0.86 (Mar 24) to 0.77, marking a decrease of 0.09.
- For Current Ratio (X), as of Mar 25, the value is 16.35. This value exceeds the healthy maximum of 3. It has increased from 8.40 (Mar 24) to 16.35, marking an increase of 7.95.
- For Quick Ratio (X), as of Mar 25, the value is 11.40. This value exceeds the healthy maximum of 2. It has increased from 4.74 (Mar 24) to 11.40, marking an increase of 6.66.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.61. This value is below the healthy minimum of 4. It has increased from 2.11 (Mar 24) to 3.61, marking an increase of 1.50.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 17.23. This value is below the healthy minimum of 20. It has increased from 7.04 (Mar 24) to 17.23, marking an increase of 10.19.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 15.25. This value is below the healthy minimum of 20. It has increased from 6.31 (Mar 24) to 15.25, marking an increase of 8.94.
- For Earning Retention Ratio (%), as of Mar 25, the value is 82.77. This value exceeds the healthy maximum of 70. It has decreased from 92.96 (Mar 24) to 82.77, marking a decrease of 10.19.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 84.75. This value exceeds the healthy maximum of 70. It has decreased from 93.69 (Mar 24) to 84.75, marking a decrease of 8.94.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 404.88. This value is within the healthy range. It has increased from 160.99 (Mar 24) to 404.88, marking an increase of 243.89.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 287.57. This value is within the healthy range. It has increased from 116.02 (Mar 24) to 287.57, marking an increase of 171.55.
- For Enterprise Value (Cr.), as of Mar 25, the value is 9,099.65. It has decreased from 11,266.08 (Mar 24) to 9,099.65, marking a decrease of 2,166.43.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.73. This value is within the healthy range. It has decreased from 2.08 (Mar 24) to 1.73, marking a decrease of 0.35.
- For EV / EBITDA (X), as of Mar 25, the value is 8.14. This value is within the healthy range. It has decreased from 8.26 (Mar 24) to 8.14, marking a decrease of 0.12.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.74. This value is within the healthy range. It has decreased from 2.10 (Mar 24) to 1.74, marking a decrease of 0.36.
- For Retention Ratios (%), as of Mar 25, the value is 82.76. This value exceeds the healthy maximum of 70. It has decreased from 92.95 (Mar 24) to 82.76, marking a decrease of 10.19.
- For Price / BV (X), as of Mar 25, the value is 1.44. This value is within the healthy range. It has decreased from 1.97 (Mar 24) to 1.44, marking a decrease of 0.53.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.74. This value is within the healthy range. It has decreased from 2.10 (Mar 24) to 1.74, marking a decrease of 0.36.
- For EarningsYield, as of Mar 25, the value is 0.08. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.08.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Maharashtra Seamless Ltd:
- Net Profit Margin: 15.01%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 15.03% (Industry Average ROCE: 16.6%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 12.27% (Industry Average ROE: 12.9%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 287.57
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 11.4
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 9.83 (Industry average Stock P/E: 9.83)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 15.01%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Steel - Seamless Tubes | Pipe Nagar, Raigad District Maharashtra 402126 | secretarial@mahaseam.com http://www.jindal.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. D P Jindal | Chairman |
| Mr. Saket Jindal | Managing Director |
| Mr. Raghav Jindal | Joint Managing Director |
| Mr. S P Raj | Director |
| Mr. Ashok Bhandari | Director |
| Dr. Roma Kumar | Director |
| Mr. K K Bhartia | Director |
| Mr. Mohan Gupta | Director |
FAQ
What is the intrinsic value of Maharashtra Seamless Ltd?
Maharashtra Seamless Ltd's intrinsic value (as of 28 November 2025) is 505.73 which is 12.05% lower the current market price of 575.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 7,706 Cr. market cap, FY2025-2026 high/low of 814/540, reserves of ₹6,497 Cr, and liabilities of 7,321 Cr.
What is the Market Cap of Maharashtra Seamless Ltd?
The Market Cap of Maharashtra Seamless Ltd is 7,706 Cr..
What is the current Stock Price of Maharashtra Seamless Ltd as on 28 November 2025?
The current stock price of Maharashtra Seamless Ltd as on 28 November 2025 is 575.
What is the High / Low of Maharashtra Seamless Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Maharashtra Seamless Ltd stocks is 814/540.
What is the Stock P/E of Maharashtra Seamless Ltd?
The Stock P/E of Maharashtra Seamless Ltd is 9.83.
What is the Book Value of Maharashtra Seamless Ltd?
The Book Value of Maharashtra Seamless Ltd is 490.
What is the Dividend Yield of Maharashtra Seamless Ltd?
The Dividend Yield of Maharashtra Seamless Ltd is 1.74 %.
What is the ROCE of Maharashtra Seamless Ltd?
The ROCE of Maharashtra Seamless Ltd is 16.6 %.
What is the ROE of Maharashtra Seamless Ltd?
The ROE of Maharashtra Seamless Ltd is 12.9 %.
What is the Face Value of Maharashtra Seamless Ltd?
The Face Value of Maharashtra Seamless Ltd is 5.00.