Maharashtra Seamless Limited share price
NSE: MAHSEAMLES · ISIN INE271B01025
Key numbers
- Market cap
- ₹ 9,590 Cr
- Current price
- ₹ 715.65
- 52-week high / low
- ₹ 739 / 501
- Stock P/E
- 13.0
- Book value
- ₹ 512.9
- Dividend yield
- 1.40%
- ROCE
- 14.2%
- ROE
- 10.6%
- Debt to equity
- 0.00
- Sales growth (3 yrs)
- -6.5%
- Profit growth (3 yrs)
- -2.8%
- 1-year return
- 18.5%
About Maharashtra Seamless Limited
Maharashtra Seamless Limited engages in the manufacture and sale of seamless steel pipes and tubes in India. The company operates through three segments: Steel Pipes & Tubes, Power Electricity, and RIG. It offers mild steel and galvanized pipes; API line pipes; oil country tubular goods (OCTG) pipes; and hot finished pipes and tubes, and cold drawn and boiler tubes. It also provides coated pipes, such aas 3 layer polyethylene coated pipes, fusion bonded epoxy coated pipes, 3 layer polypropylene coated pipes, and internal epoxy coating pipes. In addition, the company is involved in renewable power generation and rig operations. Further, the company operates 5MW solar power plant in Pokaran, District Jaisalmer Rajasthan and 7 MW wind power project in Maharashtra. Its products are used in the oil and gas, hydrocarbon process, bearing industry, automotive, boiler, heat exchanger, plumbing and firefighting, structural, general engineering, railways, sewage and water well, and hydraulic cylinder sectors. The company was incorporated in 1988 and is headquartered in New Delhi, India.
Quarterly results
Consolidated figures in ₹ crores
| Mar 2025 | Jun 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 1,418 | 1,145 | 1,090 | 1,280 | 1,091 |
| Operating profit | 285 | 169 | 152 | 238 | 183 |
| Net profit | 242 | 230 | 243 | 103 | 266 |
| EPS (₹) | 18.06 | 17.19 | 18.12 | 7.67 | 19.88 |
Investor presentation summary (2026-08-07)
AI summary of the presentation · tone: Positive · source document
Key numbers
- Market share of 55% in seamless pipes segment with manufacturing facilities at Nagothane &
- Market share of 18% in the API certified, high frequency ERW pipes segment with manufacturing
Guidance & outlook
- Particulars Q1 FY27 Q4 FY26 Q1 FY26 FY26 FY25
- According to Ind-Ra's 2QFY26 Project Tracker, project awards declined 27 per cent year-on-year (yoy) in H1
Growth & demand
- Order book of MSL as on 31 July 2026
- Our order book is supported by back-to-back booking of raw material leading to locking of margins on each order and
Margins & costs
- Cost of materials consumed (742) (784) (797) (2945) (3286)
- Finance cost (1) (1) (1) (3) (3)
Capex & expansion
- On installation of finishing facilities at Telangana, existing capacity of 100,000 mt/annum will be
- The investment in bonds because of
Peers in Steel
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