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Maharashtra Seamless Ltd

Mon 3/11/2025,15:53:59 | NSE : MAHSEAMLES

₹ 580.7012.70 (2.24%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 570.25

Previous Close

₹ 568.00

Volume

210113

Mkt Cap ( Rs. Cr)

₹7781.34

High

₹ 582.25

Low

₹ 568.30

52 Week High

₹ 814.30

52 Week Low

₹ 567.00

Book Value Per Share

₹ 472.83

Dividend Yield

1.75

Face Value

₹ 5.00

What’s Your Call?

Collective community sentiment on Maharashtra Seamless Ltd

Your Vote -

Buy

87.50%

Hold

4.17%

Sell

8.33%

87.50%

24 users have voted

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Option Chain

Analyzes market sentiment, predicts Maharashtra Seamless Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    29 Oct 2025, 10:43AM Schedule of Analyst/Investor meet
  • Maha. Seamless - Analysts/Institutional Investor Meet/Con. Call Updates

    28 Oct 2025, 5:23PM Maharashtra Seamless Limited has informed the Exchange about Schedule of meet
  • Maha. Seamless - Board Meeting Intimation for To Consider And Approve, Inter Alia Un-Audited Financial Results Of The Company

    22 Oct 2025, 1:27PM Maharashtra Seamless Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2025 ,inter alia, to consider
  • Maha. Seamless has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2025

    15 Oct 2025, 12:40PM As of September 2025, 69.05% is owned by Indian Promoters and 30.95% by Public. <p align=justify> Institutional holds 13.50% (Insurance Companies 0.25
  • Maha. Seamless - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    9 Oct 2025, 11:42AM Maharashtra Seamless Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Maha. Seamless - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    9 Oct 2025, 11:46AM Compliance Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018
  • Maha. Seamless - Cessation

    29 Sep 2025, 9:35AM Maharashtra Seamless Limited has informed the Exchange regarding Cessation of Dr. (Mrs.) Roma Kumar as Non- Executive Independent Director of the co
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Cessation

    29 Sep 2025, 9:38AM Cessation due to completion of second tenure of Dr. (Mrs.) Roma Kumar as Non-Executive Independent Director of the Company
  • Maha. Seamless - Trading Window

    25 Sep 2025, 2:16PM Maharashtra Seamless Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulati
  • Maha. Seamless - Bagging/Receiving of orders/contracts

    25 Sep 2025, 9:48AM Maharashtra Seamless Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Maharashtra Seamless secures Rs 256 cr order for Seamless Pipes in Oil & Gas Sector

    25 Sep 2025, 12:40PM Maharashtra Seamless Ltd has announced that it has received a domestic order valued at approximately Rs. 256 crore for the supply of seamless pipes to
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    25 Sep 2025, 9:46AM Receipt of Order
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    18 Sep 2025, 2:02PM Schedule of Analyst/Investor meet
  • Maha. Seamless - Analysts/Institutional Investor Meet/Con. Call Updates

    18 Sep 2025, 2:02PM Maharashtra Seamless Limited has informed the Exchange about Schedule of meet
  • Maha. Seamless - General Updates

    16 Sep 2025, 7:06PM Maharashtra Seamless Limited has informed the Exchange about disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligat
  • Maha. Seamless - Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure

    16 Sep 2025, 7:05PM As Attached
  • Maha. Seamless - Copy of Newspaper Publication

    12 Sep 2025, 4:06PM Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication regarding opening of special window for re-lodgment of tran
  • Maha. Seamless - Analysts/Institutional Investor Meet/Con. Call Updates

    29 Aug 2025, 7:34PM Maharashtra Seamless Limited has informed the Exchange about Schedule of meet
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    29 Aug 2025, 7:31PM Schedule of Analyst/Investor Meet
  • Maha. Seamless - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    28 Aug 2025, 9:02PM Voting Results along with Consolidated Scrutinizer's Report of 37th Annual General Meeting held on 28th August, 2025
  • Maha. Seamless - Shareholders meeting

    28 Aug 2025, 8:50PM Maharashtra Seamless Limited has informed the Exchange about Shareholders meeting
  • Maha. Seamless - Shareholder Meeting / Postal Ballot-Outcome of AGM

    28 Aug 2025, 8:45PM Summary of Proceedings of the 37th Annual General Meeting held on 28th August, 2025
  • Maha. Seamless - Shareholders meeting

    28 Aug 2025, 8:28PM Maharashtra Seamless Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 28, 2025
  • Maha. Seamless - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    28 Aug 2025, 9:02PM Voting Results along with Consolidated Scrutinizer's Report of 37th Annual General Meeting held on 28th August, 2025
  • Maha. Seamless - Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    28 Aug 2025, 9:02PM Voting Results along with Consolidated Scrutinizer's Report of 37th Annual General Meeting held on 28th August, 2025
  • Maha. Seamless - Analysts/Institutional Investor Meet/Con. Call Updates

    18 Aug 2025, 3:28PM Maharashtra Seamless Limited has informed the Exchange about Schedule of meet
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    18 Aug 2025, 3:27PM Schedule of Analyst/ Investor Meet
  • Maha. Seamless - Updates

    7 Aug 2025, 5:08PM Maharashtra Seamless Limited has informed the Exchange regarding 'Letter Sent To Shareholders For Annual Report Web-Link And Path'.
  • Maha. Seamless - Copy of Newspaper Publication

    7 Aug 2025, 5:04PM Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication regarding Notice of Annual General Meeting including e-voti
  • Maha. Seamless - Letter Sent To Shareholders For Annual Report Web-Link And Path

    7 Aug 2025, 5:00PM Attached
  • Maha. Seamless - Business Responsibility and Sustainability Reporting (BRSR)

    6 Aug 2025, 6:47PM Business Responsibility and Sustainability Report of the Company for the Financial Year 2024-25.
  • Maha. Seamless - Reg. 34 (1) Annual Report.

    6 Aug 2025, 6:43PM Annual Report for the Financial Year 2024-25.
  • Maha. Seamless - Notice Of 37Th Annual General Meeting

    6 Aug 2025, 6:38PM Notice of 37th Annual General Meeting to be held on 28th August, 2025 at 11:30 A.M through VC/OVAM
  • Maha. Seamless - Shareholders meeting

    6 Aug 2025, 6:30PM Maharashtra Seamless Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 28, 2025
  • Maha. Seamless - Analysts/Institutional Investor Meet/Con. Call Updates

    4 Aug 2025, 12:13PM Maharashtra Seamless Limited has informed the Exchange about Transcript
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    4 Aug 2025, 12:12PM Attached
  • 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(%) 12.51 15.38 12.51 6 2.23

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
14 Aug 2025 10 200 1.72 693.4
14 Aug 2024 10 200 1.72 808.95
14 Aug 2023 5 100 1.72 437.8
14 Sep 2021 3.5 70 1.72 319
14 Sep 2020 2.5 50 1.72 208.7
09 Sep 2019 6 120 1.72 469.8
6 120 1.72 424.7
12 Sep 2017 5 100 1.72 339.65
12 Sep 2016 2.5 50 1.72 223.9
14 Aug 2015 5 100 1.72 214.05
22 Aug 2014 6 120 1.72 275.9
04 Sep 2013 6 120 1.72 231.5
06 Sep 2012 6 120 1.72 337.7
29 Aug 2011 6 120 1.72 374.9
23 Sep 2010 6 120 1.72 379.65
11 Sep 2009 5 100 1.72 297.85
18 Sep 2008 5 100 1.72 289.6
21 Sep 2007 1.5 30 1.72 620.9
22 Mar 2007 2.5 50 1.72 462.5
18 Sep 2006 1.5 30 1.72 355.45
18 Sep 2006 3.5 70 1.72 370.05
30 Aug 2005 5 50 1.72 379.9
10 Sep 2004 1.5 15 1.72 209.1
14 Jun 2004 2.5 25 1.72 190.2
29 Aug 2003 3.5 35 1.72 160.25
17 Sep 2002 0 0 1.72 134.25
0 0 1.72 39.75
06 Sep 2001 0 15 1.72 27.75
0 12 1.72 22.25
0 12 1.72 20.1
0 10 1.72 15
0 10 1.72 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 280.00 0.72 28.48 34.84 98.29 0.00
Vaswani Industries Ltd 62.26 2.00 17.74 1704.60 26.12 0.00
Kirloskar Ferrous Industries Ltd 452.20 0.00 23.30 9353.71 357.31 1.22
Prakash Steelage Ltd 5.04 -0.79 56.00 9943.50 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.

Read More

Parent Organisation

Maharashtra Seamless Ltd.

Founded

10/05/1988

Managing Director

Mr.Saket Jindal

NSE Symbol

MAHSEAMLESEQ

FAQ

The current price of Maharashtra Seamless Ltd is ₹ 580.70.

The 52-week high for Maharashtra Seamless Ltd is ₹ 582.25 and the 52-week low is ₹ 568.30.

The market capitalization of Maharashtra Seamless Ltd is currently ₹ 7781.34. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Maharashtra Seamless Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Maharashtra Seamless Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Maharashtra Seamless Ltd shares.

The CEO of Maharashtra Seamless Ltd is Mr.Saket Jindal, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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