MAHSEAMLES · Maharashtra Seamless Ltd · Iron & Steel
MAHSEAMLES · Maharashtra Seamless Ltd · Iron & Steel
As of 06 Nov close
52-week range
25.6% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 54 days old
Revenue (latest Q)
₹1,091 Cr
Revenue YoY
PAT YoY
+15.7%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.4
P/S (TTM)
2.1
Sector P/E
17.3
Dividend yield
+1.4%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| MAHSEAMLES (this stock) | 10.9 | 1.4 | +16.0% | +10.7% | 0 | +1.4% |
| JSW Steel | 12.1 | 3.1 | +13.1% | +24.8% | 1.19 | +0.6% |
| Lloyds Metals And Energy | 27.8 | 7.6 | +22.4% | +36.2% | 101.71 | +0.1% |
| Jindal Steel | 39.9 | 2.3 | +4.8% | +5.3% | 0.44 | +0.2% |
Promoter
stable
FII
rising 2q
MF
3.09% (+0.53pp)
rising 2q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 30 Jun 2026 | Saket Jindal | SELL | 16,29,700 | ₹101 Cr |
| 30 Jun 2026 | Odd & Even Trades & Finance Limited | BUY | 16,59,700 | ₹103 Cr |
| 30 Mar 2026 | Odd & Even Trades & Finance Limited | BUY | 57,918 | ₹3.25 Cr |
| 30 Mar 2026 | Saket Jindal | SELL | 4,07,918 | ₹22.83 Cr |
| 30 Mar 2026 | Haryana Capfin Limited | BUY | 3,50,000 | ₹19.61 Cr |
| 24 Mar 2026 | Odd & Even Trades & Finance Limited | BUY | 30,185 | ₹1.64 Cr |
| 19 Mar 2026 | Odd & Even Trades & Finance Limited | BUY | 3,09,530 | ₹17.25 Cr |
| 18 Mar 2026 | Global Jindal Fin-Invest Limited | BUY | 87,400 | ₹4.91 Cr |
| 17 Mar 2026 | Haryana Capfin Limited | BUY | 12,150 | ₹67.65 lakh |
| 12 Mar 2026 | Global Jindal Fin-Invest Limited | BUY | 10,000 | ₹54.71 lakh |
| 09 Mar 2026 | Global Jindal Fin-Invest Limited | BUY | 20,000 | ₹1.09 Cr |
| 04 Mar 2026 | Haryana Capfin Limited | BUY | 10,000 | ₹53.9 lakh |
| 24 Feb 2026 | Global Jindal Fin-Invest Limited | BUY | 28,000 | ₹1.49 Cr |
| 23 Feb 2026 | Haryana Capfin Limited | BUY | 78,000 | ₹4.16 Cr |
| 19 Feb 2026 | Haryana Capfin Limited | BUY | 10,000 | ₹52.98 lakh |
| 02 Feb 2026 | Haryana Capfin Limited | BUY | 34,160 | ₹1.73 Cr |
| 28 Nov 2025 | Odd & Even Trades & Finance Limited | BUY | 54,500 | ₹3.14 Cr |
| 28 Nov 2025 | SWOT TRADING & SERVICES LLP | BUY | 27,500 | ₹1.59 Cr |
| 28 Nov 2025 | Stable Trading Co Ltd | BUY | 1,59,967 | ₹9.26 Cr |
| 27 Nov 2025 | Brahmadev Holding and Trading Limited | BUY | 1,95,000 | ₹11.21 Cr |
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| MAHSEAMLES | 2026-06-29 | 1260974 | 1 | MEDIUM | BULK |
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Maharashtra Seamless Limited provided a transcript of its earnings conference call held on 08 August 2026, as required by SEBI regulations. The document included a link to access the transcript for stakeholders. The communication was signed by the Company Secretary, Ram Ji Nigam, and dated 12 August 2026.
The document presented factual information regarding the earnings conference call without any emphasis on growth or challenges.
Sourced from an exchange-filed transcript, dated 12 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedMaharashtra Seamless Limited's FY2025-26 annual report highlights a moderation in operational performance, with revenue from operations declining by approximately 11% year-over-year due to slower order inflows, reduced oil and gas expenditure, and competitive pressures from Chinese imports. The report emphasizes strategic priorities such as strengthening the core pipes business, increasing value addition through specialized products, improving capacity utilization, and expanding export markets. The company maintains a strong financial position with conservative treasury management and disciplined capital allocation. Key risks include continued import competition, project execution challenges, and geopolitical factors affecting exports.
- Focus on strengthening core seamless and specialized pipe applications in oil and gas and infrastructure sectors
- Strategic emphasis on value-added products for differentiation and improved realisations
- Efforts to improve capacity utilization by addressing operational bottlenecks
- Selective expansion into international markets leveraging technical expertise
- Maintaining financial discipline with strong liquidity and selective capital deployment
Key takeaway: The company is prioritizing strategic differentiation through specialized products and capacity optimization while navigating challenges from import competition and market demand fluctuations.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Investigation or enforcement mention (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Investigation or enforcement mention
1 occurrenceEarlier (1-3 years ago)
The auditors issued a modified opinion on the Consolidated Financial Statements, indicating a qualification related to Gondkhari Coal Mining Limited, a Joint Venture.
Routine disclosures
Contingent Liability
2 occurrencesRecent (last 12 months)
The company is subject to several legal, regulatory, and tax cases with uncertain outcomes that could result in significant liabilities. These contingent liabilities are disclosed in Note No. 2.28 (c), (d), (e), (f), and (g) of the Standalone Financial Statements.
Earlier (1-3 years ago)
The company is subject to legal, regulatory, and tax cases with uncertain outcomes that could result in significant liabilities. These contingent liabilities are disclosed in Note No. 2.36 (e), (f), and (g) of the Consolidated Financial Statements.
Related-Party Transaction
1 occurrenceRecent (last 12 months)
The company has spent ₹18.47 Crores on CSR activities, with details of related party transactions such as contributions to trusts controlled by the company, as per Ind AS 24.
Statutory dues in dispute
1 occurrenceEarlier (1-3 years ago)
The company has pending disputes under various statutes including Income Tax Act and Central Excise Act with multiple authorities such as Commissioner of Income Tax (Appeals), High Court, and Joint Commissioner CGST/S GST for different financial years.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
2.2% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).