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Maharashtra Seamless Ltd

Fri 22/05/2026,15:58:42 | NSE : MAHSEAMLES

₹ 635.35-3.45 (-0.54%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 644.00

Previous Close

₹ 638.80

Volume

84348

Mkt Cap ( Rs. Cr)

₹8513.64

High

₹ 646.80

Low

₹ 629.15

52 Week High

₹ 773.80

52 Week Low

₹ 500.70

Book Value Per Share

₹ 508.17

Dividend Yield

1.57

Face Value

₹ 5.00

What’s Your Call?

Collective community sentiment on Maharashtra Seamless Ltd

Your Vote -

Buy

88.46%

Hold

3.85%

Sell

7.69%

88.46%

26 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Bid Price

Qty

635.35

171

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

171

Option Chain

Analyzes market sentiment, predicts Maharashtra Seamless Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Maha. Seamless - General Updates

    22 May 2026, 7:51PM Maharashtra Seamless Limited has informed the Exchange about appointment of Cost Auditors
  • Maha. Seamless - Scheme of Arrangement

    22 May 2026, 7:33PM Maharashtra Seamless Limited has informed the Exchange about Scheme of Arrangement
  • Maha. Seamless Q4 net profit down 55.66% at Rs 107.53 cr

    22 May 2026, 7:30PM The company reported standalone net profit of Rs 107.53 crore for the quarter ended March 31, 2026 as compared to Rs 242.53 crore in the same period l
  • Maha. Seamless - Outcome of Board Meeting

    22 May 2026, 7:30PM Maharashtra Seamless Limited has informed the Exchange regarding Outcome of Board Meeting held on May 22, 2026.
  • Maha. Seamless - Dividend

    22 May 2026, 7:26PM Maharashtra Seamless Limited has informed the Exchange that Board of Directors at its meeting held on May 22, 2026, recommended Final Dividend of Rs.
  • Maha. Seamless - Outcome of Board Meeting

    22 May 2026, 7:24PM Maharashtra Seamless Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
  • Maha. Seamless - Appointment Of Cost Auditors

    22 May 2026, 7:20PM Attached
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Scheme of Arrangement

    22 May 2026, 7:18PM Attached
  • Maha. Seamless - Corporate Action-Board to consider Dividend

    22 May 2026, 7:12PM Attached
  • Maha. Seamless - Board Meeting Outcome for Outcome Of The Board Meeting

    22 May 2026, 7:09PM Outcome of Board Meeting
  • Maha. Seamless - Financial Results For Quarter/Year Ended On 31St March 2026.

    22 May 2026, 7:06PM Attached
  • Maha. Seamless - General Updates

    16 May 2026, 11:37PM Maharashtra Seamless Limited has informed the Exchange about Incorporation of Wholly Owned Subsidiary
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Acquisition

    16 May 2026, 11:37PM Intimation of Incorporation of Wholly Owned Subsidiary
  • Maha. Seamless - General Updates

    16 May 2026, 6:15PM Maharashtra Seamless Limited has informed the Exchange about Incorporation of Wholly Owned Subsidiary
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Acquisition

    16 May 2026, 5:52PM Intimation of Incorporation of Wholly Owned Subsidiary
  • Maha. Seamless - Copy of Newspaper Publication

    11 May 2026, 10:15AM Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication regarding notice shareholders for transfer of equity shares
  • Maha. Seamless - Board Meeting Intimation for Audited Financial Results For The Quarter And Year Ended On 31St March, 2026.

    11 May 2026, 2:34PM Maharashtra Seamless Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/05/2026 ,inter alia, to consider
  • Maha. Seamless - General Updates

    7 May 2026, 10:27AM Maharashtra Seamless Limited has informed the Exchange about Intimation regarding notice given to shareholders for transfer of equity shares IEPF
  • Maha. Seamless - Intimation Regarding Notice Given To Shareholders

    7 May 2026, 10:18AM Intimation regarding notice given to shareholders for transfer of equity shares IEPF
  • Maha. Seamless - Sale or disposal

    9 Apr 2026, 2:33PM Maharashtra Seamless Limited has informed the Exchange about Voluntarily Closure of Subsidiary
  • Maha. Seamless - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    7 Apr 2026, 12:22PM Maharashtra Seamless Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Maha. Seamless has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2026

    7 Apr 2026, 1:40PM As of March 2026, 70.28% is owned by Indian Promoters and 29.72% by Public. <p align=justify> Top five Promoters holding highest number of shares of M
  • Maha. Seamless - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    7 Apr 2026, 12:19PM Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018
  • Maha. Seamless - General Updates

    4 Apr 2026, 9:53AM Maharashtra Seamless Limited has informed the Exchange about General Updates - ESG Rating
  • Maha. Seamless - ESG Score & Rating

    4 Apr 2026, 9:57AM ESG Score & Rating
  • Maha. Seamless - Trading Window

    25 Mar 2026, 9:46AM Maharashtra Seamless Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulati
  • Maha. Seamless - Shareholders meeting

    13 Mar 2026, 2:41PM Maharashtra Seamless Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange re
  • Maha. Seamless - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    13 Mar 2026, 2:32PM Voting Results of Postal Ballot through remote e-voting and Scrutinizers Report
  • Maha. Seamless - Copy of Newspaper Publication

    9 Mar 2026, 10:38AM Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication regarding opening of special window for re-lodgment of tran
  • Maha. Seamless - Credit Rating

    2 Mar 2026, 4:55PM Maharashtra Seamless Limited has informed the Exchange about Credit Rating
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Credit Rating

    2 Mar 2026, 4:46PM Credit Rating
  • Maharashtra seamless

    26 Jun 2024 , 10:07AM DGTR has recommended extension of anti-subsidy duty on welded stainless steel pipes and tubes imported from China and Vietnam. Positive
  • Maharashtra Seamless

    29 Jan 2024 , 2:42PM The company has received 2 contracts with an aggregate basic value of Rs 116 crore from Indian Oil Corporation for the supply of seamless pipes. Positive for the stock
  • Maharashtra Seamless

    4 Sep 2023 , 11:13AM The company has won order worth Rs157 crore from Oil India and IOCL to supply seamless pipes. Positive read through for the stock.
  • Maharashtra Seamless

    12 Jun 2023 , 10:10AM The company has made voluntary prepayment of outstanding long-term loan of Rs234 crore (~$28.38 million) on June 09, 2023 from internal accruals supported by high order book and strong liquidity position to become completely debt free. Positive read through for the company
  • Maharashtra Seamless bags order from ONGC

    24 Apr 2023 , 11:05AM Receives an order from ONGC with basic value of Rs. 262 crores
  • Maharashtra Seamless

    24 Apr 2023 , 10:15AM The company has received an order from ONGC Limited with value of Rs262 crores for supply of seamless tubing pipes and accessories. Positive read through for Maharashtra Seamless.
  • Maharashtra Seamless bags order from ONGC

    23 Aug 2022 , 3:02PM Maharashtra Seamless bags order worth Rs. 197 crore for pipes from ONGC
  • Maharashtra Seamless up on winning order

    9 Dec 2019 , 11:06AM Maharashtra Seamless secures prestigious ONGC order
  • Maharashtra Seamless up on NCLT nod

    22 Jan 2019 , 11:30AM NCLT approves company's resolution plan for acquisition of United Seamless Tubulaar

Key fundamentals

Evaluate the intrinsic value of Maharashtra Seamless Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 6273.02 5613.86 4950.0487 4235.0275 3961.1763
Liabilities 6273.02 5613.86 4950.0487 4235.0275 3961.1763
Equity 67 67 66.9996 33.4998 33.4998
Gross Profit 921.99 1222.64 1037.7746 539.4702 446.436
Net Profit 792.85 974.93 792.9875 380.4444 141.5944
Cash From Operating Activities 607.44 1047.5 907.8825 -289.8424 500.6709
NPM(%) 15.05 18.04 13.89 10.69 6.36
Revenue 5265.9 5403.12 5707.1295 3556.0836 2225.0818
Expenses 4343.91 4180.48 4669.3549 3016.6134 1778.6458
ROE(%) 11.64 14.31 11.64 5.58 2.07

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
10 200 1.57 635.35
14 Aug 2025 10 200 1.57 693.4
14 Aug 2024 10 200 1.57 808.95
14 Aug 2023 5 100 1.57 437.8
14 Sep 2021 3.5 70 1.57 319
14 Sep 2020 2.5 50 1.57 208.7
09 Sep 2019 6 120 1.57 469.8
6 120 1.57 424.7
12 Sep 2017 5 100 1.57 339.65
12 Sep 2016 2.5 50 1.57 223.9
14 Aug 2015 5 100 1.57 214.05
22 Aug 2014 6 120 1.57 275.9
04 Sep 2013 6 120 1.57 231.5
06 Sep 2012 6 120 1.57 337.7
29 Aug 2011 6 120 1.57 374.9
23 Sep 2010 6 120 1.57 379.65
11 Sep 2009 5 100 1.57 297.85
18 Sep 2008 5 100 1.57 289.6
21 Sep 2007 1.5 30 1.57 620.9
22 Mar 2007 2.5 50 1.57 462.5
18 Sep 2006 1.5 30 1.57 355.45
18 Sep 2006 3.5 70 1.57 370.05
30 Aug 2005 5 50 1.57 379.9
10 Sep 2004 1.5 15 1.57 209.1
14 Jun 2004 2.5 25 1.57 190.2
29 Aug 2003 3.5 35 1.57 160.25
17 Sep 2002 0 0 1.57 134.25
0 0 1.57 39.75
06 Sep 2001 0 15 1.57 27.75
0 12 1.57 22.25
0 12 1.57 20.1
0 10 1.57 15
0 10 1.57 25.5

Peers

Other companies within the same industry or sector that are comparable to Maharashtra Seamless Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
P S Raj Steels Ltd 405.00 -0.06 40.70 478.98 98.29 0.00
Vaswani Industries Ltd 53.89 -0.28 215.56 1991.74 26.12 0.00
Kirloskar Ferrous Industries Ltd 435.55 -0.15 20.03 10459.95 434.81 0.69
Prakash Steelage Ltd 4.36 0.46 72.67 11119.50 7.40 0.00

Company Info

The company was incorporated on 10th May, 1988. The main objects of the company is to manufacture carbon and alloy steel seamless pipes. the company has entered into technical collaboration agreement with mannesmann Demag Hutletechnik (MDH) of Germany for assistance in assessment of the plant, in procurement/fabrication of equipment. The present activities of the group include manufacturing of ERW steel pipes, Poy, castings pipes, off-shore oils well drilling and Tea plantation etc. 2001 - The Company has issued 33,22,560 fully paid-up equity shares of Rs 10 each on March 24 on conversion of 12 per cent cumulative convertible preference shares of Rs 10 each at part to its holders as per the scheme of amalgamation approved by High Court, Mumbai. 2004 -Maharashtra Seamless enters into MoU with Govt of Orissa 2006 -Company has splits its Face value of Shares from Rs 10 to Rs 5 2007 -Maharashtra Seamless Ltd has appointed Mr. Anil Jainas Compliance Officer of the Company till the appointment of new Company Secretary. 2009 - Maharashtra Seamless Ltd has appointed as Vice President & Company Secretary and Compliance Officer of the Company w.e.f. December 20, 2009, in place of Shri P. K. Puhan. 2010 - Maharashtra Seamless secures prestigious Export Orders. - Maharashtra Seamless credit Rating Upgraded to AA . - Mr. Ravi Gupta has been appointed as Chief Financial Officer (CFO) of the Company. 2011 - MahaSeamless - Enters into Power Purchase Agreement with NTPC Vidyut Vyapar Nigam Ltd. 2012 - the Board of Directors of the Company at its meeting held on have recommended Dividend on Equity Shares @ Rs.6/- per share (120%) on Equity Shares of Rs.5/- each. 2013 -"Maharashtra Seamless Secures Prestigious Export Orders". -MSL has received an export order worth Rs $22 million to supply seamless and ERW pipes for a drilling concern in USA. 2014 - Indias Largest Power Utility places order on MSL for supply of octg For their first ever foray into Oil & Gas Exploration at Cambay. 2015 -Jindal Mount Litera School, Nagothane : awarded best school governance -Jindal Star has received two awards recently. "Most Trusted Brand" 2016 - Jindal Star has been selected as India's Most Trusted Brand 2016 under ERW pipes and tubes category. Award was received 2017 - Maharashtra Seamless commissions 20MW solar PV power project. 2018 -Maharashtra Seamless Limited identified as the successful Resolution Applicant for acquisition of United Seamless Tubulaar Private Limited. 2019 -Amalgamation between Jindal Premium Connections Private Limited and Maharashtra Seamless Finance Limited.2022-The Company has issued Bonus Shares in the Ratio of 1:1.2024-The Hon'ble NCLT has approved the Scheme of Amalgamation of United Seamless Tubulaar Private Limited with Maharashtra Seamless Limited.

The company was incorporated on 10th May, 1988. The main objects of the company is to manufacture carbon and alloy steel seamless pipes. the company has entered into technical collaboration agreement with mannesmann Demag Hutletechnik (MDH) of Germany for assistance in assessment of the plant, in procurement/fabrication of equipment. The present activities of the group include manufacturing of ERW steel pipes, Poy, castings pipes, off-shore oils well drilling and Tea plantation etc. 2001 - The Company has issued 33,22,560 fully paid-up equity shares of Rs 10 each on March 24 on conversion of 12 per cent cumulative convertible preference shares of Rs 10 each at part to its holders as per the scheme of amalgamation approved by High Court, Mumbai. 2004 -Maharashtra Seamless enters into MoU with Govt of Orissa 2006 -Company has splits its Face value of Shares from Rs 10 to Rs 5 2007 -Maharashtra Seamless Ltd has appointed Mr. Anil Jainas Compliance Officer of the Company till the appointment of new Company Secretary. 2009 - Maharashtra Seamless Ltd has appointed as Vice President & Company Secretary and Compliance Officer of the Company w.e.f. December 20, 2009, in place of Shri P. K. Puhan. 2010 - Maharashtra Seamless secures prestigious Export Orders. - Maharashtra Seamless credit Rating Upgraded to AA . - Mr. Ravi Gupta has been appointed as Chief Financial Officer (CFO) of the Company. 2011 - MahaSeamless - Enters into Power Purchase Agreement with NTPC Vidyut Vyapar Nigam Ltd. 2012 - the Board of Directors of the Company at its meeting held on have recommended Dividend on Equity Shares @ Rs.6/- per share (120%) on Equity Shares of Rs.5/- each. 2013 -"Maharashtra Seamless Secures Prestigious Export Orders". -MSL has received an export order worth Rs $22 million to supply seamless and ERW pipes for a drilling concern in USA. 2014 - Indias Largest Power Utility places order on MSL for supply of octg For their first ever foray into Oil & Gas Exploration at Cambay. 2015 -Jindal Mount Litera School, Nagothane : awarded best school governance -Jindal Star has received two awards recently. "Most Trusted Brand" 2016 - Jindal Star has been selected as India's Most Trusted Brand 2016 under ERW pipes and tubes category. Award was received 2017 - Maharashtra Seamless commissions 20MW solar PV power project. 2018 -Maharashtra Seamless Limited identified as the successful Resolution Applicant for acquisition of United Seamless Tubulaar Private Limited. 2019 -Amalgamation between Jindal Premium Connections Private Limited and Maharashtra Seamless Finance Limited.2022-The Company has issued Bonus Shares in the Ratio of 1:1.2024-The Hon'ble NCLT has approved the Scheme of Amalgamation of United Seamless Tubulaar Private Limited with Maharashtra Seamless Limited.

Parent Organisation

Maharashtra Seamless Ltd.

Founded

10/05/1988

Managing Director

Mr.Saket Jindal

NSE Symbol

MAHSEAMLESEQ

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