Share Price and Basic Stock Data
Last Updated: November 6, 2025, 9:29 pm
| PEG Ratio | 1.91 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Maharashtra Seamless Ltd operates in the steel sector, specifically focusing on seamless tubes. The company reported a market capitalization of ₹7,694 Cr with a share price of ₹574. Over recent quarters, Maharashtra Seamless has shown varying sales figures, with the highest quarterly sales of ₹1,633 Cr recorded in March 2023. However, sales declined to ₹1,223 Cr in June 2023, before rebounding to ₹1,535 Cr in September 2023. The total sales for the fiscal year ending March 2024 stood at ₹5,404 Cr, down from ₹5,716 Cr in March 2023. This decline may reflect broader industry trends and economic conditions impacting demand for seamless tubes. The company’s quarterly operating profit margin (OPM) peaked at 26% in December 2023, showcasing its ability to manage costs effectively during periods of fluctuating sales. The overall revenue trajectory indicates a need for sustained growth strategies to counteract dips in demand and maintain profitability.
Profitability and Efficiency Metrics
Maharashtra Seamless reported a net profit of ₹879 Cr for the fiscal year ending March 2025, showing a decline from ₹952 Cr in March 2024. The company maintained a robust return on equity (ROE) of 12.9% and return on capital employed (ROCE) of 16.6%, which are competitive figures within the steel industry. The operating profit margin stood at 14%, reflecting effective cost management despite fluctuating sales figures. The interest coverage ratio was exceptionally high at 404.88x, indicating that the company can comfortably meet its interest obligations with its earnings. However, the cash conversion cycle (CCC) of 176 days suggests room for improvement in managing working capital. With debtor days at 41 and inventory days at 148, the company’s efficiency metrics demonstrate a solid foundation but highlight potential areas for enhancement to optimize cash flow.
Balance Sheet Strength and Financial Ratios
Maharashtra Seamless exhibits a strong balance sheet with reported reserves of ₹6,273 Cr and no borrowings, reflecting a debt-free status. This positions the company favorably against competitors who may carry significant debt burdens. The price-to-book value (P/BV) ratio stood at 1.44x, suggesting that the stock is trading at a reasonable valuation relative to its book value. The current ratio was reported at 16.35, significantly above the typical threshold of 1, indicating excellent liquidity. Additionally, the asset turnover ratio of 0.77% shows efficient utilization of assets, although it is lower than some sector averages. The company’s dividend payout ratio of 17.23% indicates a commitment to returning value to shareholders while retaining a substantial portion of earnings for reinvestment. Overall, the financial ratios suggest a solid financial position, although the company should continue to monitor its asset efficiency.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Maharashtra Seamless highlights significant promoter confidence, with promoters holding 69.05% as of September 2025. This stable ownership structure can instill confidence among retail investors and institutions alike. Foreign institutional investors (FIIs) accounted for 9.86% of the shareholding, reflecting growing interest from overseas investors. However, domestic institutional investors (DIIs) held only 3.64%, which is relatively low compared to typical sector levels, indicating potential room for growth in this area. The total number of shareholders increased to 94,257, demonstrating rising retail participation. This could suggest a positive market sentiment towards the company, although the declining public shareholding percentage to 17.46% may raise concerns about liquidity. Continuous engagement with investors and transparent communication regarding growth strategies will be essential to maintain and enhance investor confidence.
Outlook, Risks, and Final Insight
The outlook for Maharashtra Seamless appears cautiously optimistic, given its strong balance sheet and efficient operational metrics. However, risks such as fluctuating steel prices, global economic conditions, and potential supply chain disruptions could impact future performance. The company’s ability to adapt to market changes and maintain profitability will be crucial. Strengths include its debt-free status, robust operating margins, and high interest coverage ratio, which provide a solid foundation for growth. Conversely, risks involve the declining sales trend and the relatively low institutional investor interest, which could affect stock liquidity. To mitigate these risks, the company should consider diversifying its product offerings and enhancing operational efficiencies. A proactive approach to investor relations and strategic growth initiatives will be vital for sustaining momentum in a competitive 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 | 7,333 Cr. | 548 | 814/540 | 9.36 | 490 | 1.83 % | 16.6 % | 12.9 % | 5.00 |
| Industry Average | 7,333.00 Cr | 548.00 | 9.36 | 490.00 | 1.83% | 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: October 15, 2025, 4:54 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 | 5,263 |
| Expenses | 1,120 | 1,249 | 980 | 1,209 | 1,839 | 2,383 | 2,135 | 1,867 | 3,628 | 4,705 | 4,205 | 4,361 | 4,310 |
| Operating Profit | 89 | 105 | 38 | 225 | 311 | 669 | 509 | 441 | 583 | 1,011 | 1,199 | 908 | 953 |
| OPM % | 7% | 8% | 4% | 16% | 14% | 22% | 19% | 19% | 14% | 18% | 22% | 17% | 18% |
| Other Income | 64 | 74 | 57 | 76 | 99 | -117 | -197 | -91 | 111 | 88 | 142 | 196 | 292 |
| 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 | 1,142 |
| 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 | 879 |
| 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 | 65.56 |
| 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: August 11, 2025, 2:18 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 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 |
| Borrowings | 138 | 916 | 665 | 703 | 626 | 1,059 | 1,145 | 922 | 709 | 244 | 0 | 0 |
| Other Liabilities | 352 | 313 | 436 | 470 | 483 | 666 | 889 | 1,135 | 695 | 841 | 852 | 693 |
| 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 |
| 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 |
| CWIP | 34 | 37 | 31 | 119 | 17 | 23 | 29 | 9 | 13 | 14 | 3 | 14 |
| Investments | 834 | 1,373 | 1,444 | 1,529 | 1,461 | 1,276 | 1,007 | 1,071 | 646 | 1,177 | 2,098 | 2,892 |
| 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 |
| 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 |
Below is a detailed analysis of the balance sheet data for Maharashtra Seamless Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 67.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 67.00 Cr..
- For Reserves, as of Mar 2025, the value is 6,273.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,664.00 Cr. (Mar 2024) to 6,273.00 Cr., marking an increase of 609.00 Cr..
- For Borrowings, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 693.00 Cr.. The value appears to be improving (decreasing). It has decreased from 852.00 Cr. (Mar 2024) to 693.00 Cr., marking a decrease of 159.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 7,033.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6,583.00 Cr. (Mar 2024) to 7,033.00 Cr., marking an increase of 450.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 1,864.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,950.00 Cr. (Mar 2024) to 1,864.00 Cr., marking a decrease of 86.00 Cr..
- For CWIP, as of Mar 2025, the value is 14.00 Cr.. The value appears strong and on an upward trend. It has increased from 3.00 Cr. (Mar 2024) to 14.00 Cr., marking an increase of 11.00 Cr..
- For Investments, as of Mar 2025, the value is 2,892.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,098.00 Cr. (Mar 2024) to 2,892.00 Cr., marking an increase of 794.00 Cr..
- For Other Assets, as of Mar 2025, the value is 2,263.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,533.00 Cr. (Mar 2024) to 2,263.00 Cr., marking a decrease of 270.00 Cr..
- For Total Assets, as of Mar 2025, the value is 7,033.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,583.00 Cr. (Mar 2024) to 7,033.00 Cr., marking an increase of 450.00 Cr..
Notably, the Reserves (6,273.00 Cr.) exceed the Borrowings (0.00 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 - No data available for this post.
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 |
|---|---|
|
|
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: 9.36 (Industry average Stock P/E: 9.36)
- 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 06 November 2025) is 481.98 which is 12.05% lower the current market price of 548.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 7,333 Cr. market cap, FY2025-2026 high/low of 814/540, reserves of ₹6,273 Cr, and liabilities of 7,033 Cr.
What is the Market Cap of Maharashtra Seamless Ltd?
The Market Cap of Maharashtra Seamless Ltd is 7,333 Cr..
What is the current Stock Price of Maharashtra Seamless Ltd as on 06 November 2025?
The current stock price of Maharashtra Seamless Ltd as on 06 November 2025 is 548.
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 9.36.
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 1.83 %.
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.