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Maharashtra Seamless

Maharashtra Seamless Latest Share Price (MAHSEAMLES)

TechnicalsTV Chart
589.70
5.90+1.01%
Overall Score54/100
Day range574
₹589.70
599
52-week501
₹589.70
698
Above low+17.8%
Below high15.5%
Range position45%
Open586.00
Prev Close583.80
Bid589.67100
Ask589.73100

TODAY IN ONE LINE

MAHSEAMLES rose 1.0% on above-average volume (1.5x avg), outperforming Nifty's -0.3% move.

With a market cap of ₹7,892.56 Cr., it trades at a P/E of 11.09. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume137.5K+88%vs 20D avg
Market Cap₹7,892.56 Cr.
Promoter70.28%
Face Value₹5
Fwd P/E
PEG
EV/EBITDA5.56
P/S1.69
ROA4.83%
Beta1.14
Div Payout19.1%
THE STOCK SCORE
Overall Score54/100
Updated 05 Aug

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

Maharashtra Seamless flags & news 

Key strengths, potential risks, and recent updates.

7 green flags🚩 2 red flags

Green Flags

  • Reasonable ValuationTrading at a moderate P/E of 11.4x
  • High Promoter HoldingPromoters hold 70.3% skin-in-the-game
  • Steady Dividend YieldReliable 1.69% dividend yield
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
  • Promoter BuyingPromoters increased holdings by 0.18% QoQ
  • Positive Free Cash FlowFCF has been positive for 3 consecutive years
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Earnings DeclineEPS (TTM) has contracted by 50.2% YoY
  • Sales ContractionQuarterly sales dropped 9.7% YoY

Latest Maharashtra Seamless News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

No recent changes found for this period.
🔒Prime: full history + alerts on this stock
Valuation

Maharashtra Seamless Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Maharashtra Seamless Limited, framed against the sector median so the premium or discount is obvious at a glance.

Maharashtra Seamless Limited trades at a P/E of 11.09× and P/B of 1.13×.

Key MetricsMarket + reported · 07 Aug 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹7,892.56 Cr.
P/E Ratio
11.09
P/B Ratio
1.13
EPS
₹52.35
Profitability

Profitability

ROE
10.6%
ROCE
14.3%
Net Margin
16.58%
Op Margin
14.3%
Growth

Growth

EPS YoY
-50.2%
Revenue YoY
-12.8%
Qtr Sales
-9.71%
Qtr Profit
-56.9%
Financial Health

Financial Health

Debt / Equity
Book Value
₹512.91
Div Yield
1.69%
Promoter Holding
70.28%
Technicals

Maharashtra Seamless Limited technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for Maharashtra Seamless Limited — derived from the latest tape, not yesterday's close.

Maharashtra Seamless Limited last traded at ₹589.7 with an intraday range of ₹574.45–₹598.8 — latest indicator, pivot and CPR signals below.

Last updated: 7 August 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹589.70
LevelPrice (₹)Distance% Δ
R4649.55+59.85+10.15%
R3625.20+35.50+6.02%
R2612.00+22.30+3.78%
R1600.85+11.15+1.89%
PIVOT587.65-2.05-0.35%
CURRENT589.70
S1576.50-13.20-2.24%
S2563.30-26.40-4.48%
S3552.15-37.55-6.37%
S4527.80-61.90-10.50%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 586.63P: 587.65TC: 588.67
R1
R2
R3
R4
indicator
LTP: 589.70
PDH: 590.30
PDL: 580.00
● Market Sentiment

MAHSEAMLES is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 577.3586.05

● Price Position

Trading Inside opening range

Financials

Maharashtra Seamless Limited financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for Maharashtra Seamless Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.

Maharashtra Seamless Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹7,892.56 Cr. and reported EPS of ₹52.35.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations5,269
4,674
11.3%
Sales Growth YoY %Derived-2.51%
-11.28%
Other Income197
388
96.5%
Total Income5,466
5,062
7.4%
3,317
2,975
10.3%
Gross ProfitDerived1,951
1,699
12.9%
Gross Margin %Derived37.04%
36.35%
1,031
1,018
1.3%
EBITDA (Operating Profit)Derived920
681
26.0%
OPM %Derived17.47%
14.57%
104
110
5.8%
Profit Before Tax (PBT)1,014
953
6.0%
223
238
7.0%
Effective Tax %Derived21.98%
25.02%
Total Profit for Period777
701
9.8%
Less: Non-controlling Interests0
-0
278.6%
Net Profit (Owner's PAT)Derived777
701
9.8%
Net Profit Margin %Derived14.75%
15.00%
PAT Growth YoY %Derived-18.34%
-9.77%
Earnings Per Share (EPS ₹)58.02
52.33
9.8%
Diluted Shares Outstanding (Cr)13
13
0.0%
Share of Profit from Associates/JVs-14
-14
0.1%
Other Comprehensive Income (Net of Tax)-34
-23
34.4%
Total Expenses (incl. D&A & Interest)4,452
4,109
7.7%
Material Cost % of RevenueDerived62.39%
63.05%
Employee Cost % of RevenueDerived2.33%
2.87%
Other Cost % of RevenueDerived17.24%
18.91%
Interest Coverage (x)Derived296.86x
221.35x
Sales CAGR · 3Y
-6.5%
Sales CAGR · 5Y
+15.2%
PAT CAGR · 3Y
-2.8%
PAT CAGR · 5Y
+48.2%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

Maharashtra Seamless segment analysis : revenue and profit mix.

Disclosed business segments at Maharashtra Seamless with their share of revenue and profit, switchable between consolidated and standalone reporting.

Maharashtra Seamless discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Maharashtra Seamless Limited.

Our AI distills the core fundamental drivers supporting Maharashtra Seamless Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

Maharashtra Seamless Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Zero debt with D/E ratio 0.0000 provides exceptional financial flexibility and stability.

  • Net profit margin 16.58% TTM significantly exceeds sector average benchmarks consistently.

  • Operating margin 12.22% demonstrates strong pricing power and operational efficiency.

  • Promoter holding 70.28% signals strong management commitment and long-term stability.

  • Operating cash flow ₹966 Cr exceeds net profit ₹704 Cr, confirming high-quality earnings.

bear case

Key Risks.

  • TTM revenue declined 12.8% YoY, indicating weakening top-line momentum and demand softness.

  • Latest quarterly EPS declined 50.2% YoY despite revenue stability, signaling margin compression.

  • ROE 10.60% below peer median 18.92% limits shareholder value creation potential.

  • ROCE 14.30% below peer median 21.20% suggests capital deployment inefficiency concerns.

  • 52-week price range ₹500.70–₹748.75 reflects significant volatility exposure for investors.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 14 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Return-quality risk. ROE below 8% would indicate weaker capital compounding.

  • Income thesis breaks if the dividend is cut or yield falls below 0.84%.

Shareholding

Maharashtra Seamless shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Maharashtra Seamless — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

Promoters70.28%
DII3.84%0.55%
FII9.72%0.13%
Public16.17%0.67%

Ownership Distribution

Promoters
70.28%
Domestic Institutions
3.84%
Foreign Institutions
9.72%
Retail & Public
16.17%

Category Trends

Foreign Institutions Breakdown
Total Holding: 9.72%
Net Change: +0.13%
Category Total9.72%
Total Holding9.72%
Net Change+0.13%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 0.00%, but category aggregate is 9.72%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
FRANKLIN TEMPLETON INVESTMENT FUNDS
0.00%
0.00%
0.00%
Jun 2026
NOMURA FUNDS IRELAND PUBLIC LIMITED COMPANY- NOMURA FUNDS IRELAND - INDIA EQUITY FUND
0.00%
0.00%
0.00%
Jun 2026
The Nomura Trust And Banking Co., Ltd As The Trustee Of Nomura India Stock Mother Fund
0.00%
0.00%
0.00%
Jun 2026
Peers

Maharashtra Seamless Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Maharashtra Seamless Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
APL Apollo Tubes Limited
₹54,643.17 Cr
Best Profit Growth
Bedmutha Industries Limited
607.00 %
Highest Dividend Yield
Surya Roshni Ltd
1.78 %

Peer Comparison

Company Name
09 · Chart Patterns

Maharashtra Seamless Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Maharashtra Seamless Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

  1. 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
  2. 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
  3. 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
  4. 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
  5. 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Detection
History
Click a pattern card to draw the pattern shape on the candles — labeled pivots (Head, Shoulders, Bottoms), neckline, breakout point, projection and invalidation. Click again to clear.
0 patterns
Historical accuracy
0 of 0 confirmed patterns reached projection
Avg move when projection reached
measured from break level
Avg sessions to projection
after confirmation
Best pattern on MAHSEAMLES
needs ≥3 completions

Pattern history — every completed pattern and its outcome

No completed patterns yet.
View full MAHSEAMLES pattern history & scanner →
Delivery Conviction

Maharashtra Seamless Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Maharashtra Seamless Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Maharashtra Seamless Limited stood at 52.5% of traded volume, against a 20-day average of 58.4%.

Avg Delivery (20D)58.4%-6.0 ppt latest vs avg
Highest Delivery68%on 31 Jul
Avg Volume (20D)72.9 K20-day run-rate
Conviction Trend↑ Strengthening-6.0 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Maharashtra Seamless announcements: results, concalls, ratings, M&A.

Filings Maharashtra Seamless sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Maharashtra Seamless files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 110 documents below.

  1. 13 Jul 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication

  2. 07 Jul 2026Certificate under SEBI (Depositories and Participants) Regulations, 2018View PDF

    Certificate under SEBI (Depositories and Participants) Regulations, 2018

    Maharashtra Seamless Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  3. 04 Jul 2026Resignation of Director/KMP/SMPView PDF

    Resignation of Director/KMP/SMP

    Maharashtra Seamless Limited has informed the Exchange about Resignation of Director/KMP/SMP

  4. 04 Jul 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication regarding opening of special window for re-lodgment of…

  5. 03 Jul 2026ResignationView PDF

    Resignation

    Maharashtra Seamless Limited has informed the Exchange regarding Resignation of Arup Mandal as Chief Financial Officer of the company w.e.f. July…

Corporate Actions

Maharashtra Seamless dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Maharashtra Seamless has declared, sequenced by announce and record date.

Maharashtra Seamless corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

Maharashtra Seamless insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in Maharashtra Seamless as reported to SEBI — buying and selling signals from the people who know the business best.

Maharashtra Seamless insider activity below tracks 54 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Haryana Capfin LimitedInsider30 Mar 2026buy+3.50 L₹19.61 Cr.₹560.28
Odd & Even Trades & Finance LimitedInsider30 Mar 2026buy+57.9 K₹3.25 Cr.₹560.42
Saket JindalInsider30 Mar 2026buy+4.08 L₹22.83 Cr.₹559.74
Saket JindalInsider30 Mar 2026buy+4.08 L₹22.83 Cr.₹559.74
Odd & Even Trades & Finance LimitedInsider30 Mar 2026buy+57.9 K₹3.25 Cr.₹560.42
Haryana Capfin LimitedInsider30 Mar 2026buy+3.50 L₹19.61 Cr.₹560.28
Haryana Capfin LimitedInsider30 Mar 2026buy+3.50 L₹19.61 Cr.₹560.28
Odd & Even Trades & Finance LimitedInsider30 Mar 2026buy+57.9 K₹3.25 Cr.₹560.42
Saket JindalInsider30 Mar 2026buy+4.08 L₹22.83 Cr.₹559.74
Saket JindalInsider30 Mar 2026buy+4.08 L₹22.83 Cr.₹559.74
About the Company

About Maharashtra Seamless Limited: business, sector, key facts.

What Maharashtra Seamless Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Maharashtra Seamless Limited operates in the Iron & Steel Products industry under the Capital Goods sector, listed as NSE: MAHSEAMLES, BSE: 500265.

MAHSEAMLES
Capital Goods

Maharashtra Seamless Limited

NSE · MAHSEAMLES·BSE · 500265·www.jindal.com/msl

Maharashtra Seamless Limited (MAHSEAMLES) is a prominent Indian manufacturer and seller of seamless steel pipes and tubes. The company's core business revolves around producing a diverse range of steel products to cater to various industrial sectors. This includes mild steel and galvanized pipes for general applications, specialized API line pipes for oil and gas infrastructure, and Oil Country Tubular Goods (OCTG) pipes crucial for the energy sector. OCTG offerings encompass casing tubing, drill pipes, and coupling stocks, vital components in oil and gas well construction and operation.

MAHSEAMLES also provides a comprehensive selection of coated pipes, enhancing their durability and suitability for diverse environments. These coatings include three-layer polyethylene, fusion-bonded epoxy, and three-layer polypropylene coatings, along with internal epoxy coatings, offering protection against corrosion and extending the lifespan of the pipes. The company further complements its product portfolio with essential connections and pipe fittings, ensuring complete solutions for its customers.

Beyond its core steel pipe and tube manufacturing, MAHSEAMLES demonstrates diversification into renewable energy generation. The company operates a substantial 52.5 MW solar power plant across Rajasthan and Maharashtra, contributing to India's renewable energy capacity. Additionally, a 7 MW wind power project in Maharashtra further strengthens its commitment to sustainable energy production. This diversification strategy mitigates reliance on the fluctuating steel market and creates additional revenue streams.

The wide array of MAHSEAMLES' products finds applications across a broad spectrum of industries. Key sectors served include oil and gas, hydrocarbon processing, bearing manufacturing, automotive, boiler and heat exchanger manufacturing, plumbing and fire-fighting systems, structural applications, general engineering projects, railway infrastructure, sewage and water well construction, and hydraulic cylinder production. This diverse clientele base demonstrates the adaptability and widespread utility of the company's offerings.

In summary, MAHSEAMLES' business model integrates seamless steel pipe and tube manufacturing with a strategic foray into renewable energy generation. This dual focus provides a robust and diversified operational structure, enabling the company to navigate market fluctuations while contributing to India's energy transition. Their extensive product line and broad customer base across numerous industries solidify their position as a key player in the Indian steel and energy sectors.

company facts
Employees
SectorCapital Goods
HeadquartersNew Delhi, India
Market Cap₹7,892.56 Cr.
Listed OnNSE
leadership19 on record
Dr. Roma Kumar
Non-Executive Independent Director
Kaushal Bengani
Deputy General Manager - Investor Relations & Finance
Mr. Arup Mandal
Chief Financial Officer
Mr. Arup Mandal
Chief Financial Officer
Mr. Ashok Bhandari
Non-Executive Independent Director
Mr. Dharam Jindal
Non-Executive Chairman of the Board
Mr. J. Satyanaraya Rao
Vice President of Marketing
Mr. Kamal Bhartia
Independent Director
Mr. Mohan Gupta
Independent Director
Mr. Mukesh Dubey
President of Technical
Mr. Raghav Jindal
Joint Managing Director, Executive Director
Mr. Raghav Jindal
Joint MD & Director
§ ∞ · Plainly Answered

Questions investors ask about Maharashtra Seamless Limited (MAHSEAMLES).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Maharashtra Seamless Limited (MAHSEAMLES)?

The current share price of Maharashtra Seamless Limited (MAHSEAMLES) is ₹589.70. Today, the stock has gained by ₹5.90 (1.01%), trading in a range of ₹574.45 to ₹598.80. The stock opened at ₹586.00 with a trading volume of 1,37,498 shares.

02Is Maharashtra Seamless Limited stock a good investment for long-term?

Maharashtra Seamless Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹7,892.56 Cr., P/E ratio of 11.09, ROE of 10.6%, and ROCE of 14.3%. The dividend yield stands at 1.69%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Maharashtra Seamless Limited stock?

The 52-week high price of Maharashtra Seamless Limited (MAHSEAMLES) is ₹698.00, while the 52-week low is ₹500.70. Currently trading at ₹589.70, the stock is 17.78% above its 52-week low and 15.52% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Maharashtra Seamless Limited stock at the current price?

Whether to buy Maharashtra Seamless Limited stock at ₹589.70 depends on multiple factors. The stock is currently trading with a P/E ratio of 11.09 and P/B ratio of 1.13. Today's performance shows a gain of 1.01%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Maharashtra Seamless Limited and when is the next dividend?

Maharashtra Seamless Limited offers a dividend yield of 1.69%, which means for every ₹100 invested at the current price of ₹589.70, you can expect to receive approximately ₹1.69 annually as dividends. The face value of the stock is ₹5.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Maharashtra Seamless Limited?

Maharashtra Seamless Limited's key financial metrics include: P/E Ratio: 11.09, P/B Ratio: 1.13, ROE: 10.6%, ROCE: 14.3%, Dividend Yield: 1.69%, EPS: ₹52.35, Book Value: ₹512.91, and Debt-to-Equity: 0. The company's market cap stands at ₹7,892.56 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Maharashtra Seamless Limited stock performing today in the market?

Maharashtra Seamless Limited stock opened at ₹586.00 and is currently trading at ₹589.70, showing a gain of ₹5.90 (1.01%). The intraday high is ₹598.80 and low is ₹574.45. The trading volume stands at 1,37,498 shares, indicating moderate market participation today.

08What is the P/E ratio of Maharashtra Seamless Limited and what does it indicate?

Maharashtra Seamless Limited has a Price-to-Earnings (P/E) ratio of 11.09, which means investors are willing to pay 11.09 for every ₹1 of earnings. With an EPS of ₹52.35, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Maharashtra Seamless Limited (MAHSEAMLES) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.