Maharashtra Seamless Ltd

Mon 24/08/2026,15:58:40 | NSE : MAHSEAMLES

₹634.750.60 (0.09%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 638.05

Previous Close

₹ 634.15

Volume

194133

Mkt Cap ( ₹ Cr)

₹ 8505.60

High

₹ 645.80

Low

₹ 632.95

52 Week High

₹ 690.00

52 Week Low

₹ 500.70

Book Value Per Share

₹ 533.33

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

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Bid Total

0

Bid Price

Qty

634.75

412

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Bid Total

412

Option Chain

Analyzes market sentiment, predicts Maharashtra Seamless Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Maha. Seamless - Business Responsibility and Sustainability Reporting (BRSR)

    24 Aug 2026, 2:32PM Business Responsibility and Sustainability Report (BRSR) of the Company for the financial year 2025-26
  • Maha. Seamless - Reg. 34 (1) Annual Report.

    24 Aug 2026, 2:22PM Annual Report for the Financial Year 2025-26.
  • Maha. Seamless - Notice Of 38Th Annual General Meeting

    24 Aug 2026, 2:17PM Notice of 38th Annual General Meeting and Annual Report for ten financial year 2025-26
  • Maha. Seamless Q1 net profit up 15.79% at Rs 270.78 cr

    22 Aug 2026, 4:00PM The company reported standalone net profit of Rs 270.78 crore for the quarter ended June 30, 2026 as compared to Rs 233.86 crore in the same period la
  • Maha. Seamless - Copy of Newspaper Publication

    21 Aug 2026, 10:18AM Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication regarding Pre AGM Notice and Record Date
  • Maha. Seamless has declared 200% Final dividend for the financial year March 2026

    19 Aug 2026, 2:50PM Maharashtra Seamless Ltd. on Friday, 22 May 2026, has announced Final dividend of 200 percent on Equity Share, to its shareholders holding shares on t
  • Maha. Seamless - Analysts/Institutional Investor Meet/Con. Call Updates

    12 Aug 2026, 10:08AM Maharashtra Seamless Limited has informed the Exchange about Transcript
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    12 Aug 2026, 10:09AM Attached
  • Maha. Seamless - Copy of Newspaper Publication

    10 Aug 2026, 9:31AM Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication of Financial Results for the quarter ended on June 30, 2026
  • Maha. Seamless - Audio Recording Of Conference Call Dated 8Th August, 2026

    8 Aug 2026, 7:18PM Attached
  • Maha. Seamless - Analysts/Institutional Investor Meet/Con. Call Updates

    8 Aug 2026, 7:15PM Maharashtra Seamless Limited has informed the Exchange about Link of Recording
  • Maha. Seamless - Analysts/Institutional Investor Meet/Con. Call Updates

    7 Aug 2026, 5:34PM Maharashtra Seamless Limited has informed the Exchange about Presentation
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Investor Presentation

    7 Aug 2026, 5:25PM Earning Presentation Q1FY27
  • Maha. Seamless - Appointment

    7 Aug 2026, 5:23PM Maharashtra Seamless Limited has informed the Exchange regarding Appointment of Mr Raj Kamal Agarwal as Independent Director of the company w.e.f. Aug
  • Maha. Seamless - Appointment

    7 Aug 2026, 5:19PM Maharashtra Seamless Limited has informed the Exchange regarding Appointment of Mr Shiv Kumar Singhal as Executive Director of the company w.e.f. Augu
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Change in Management

    7 Aug 2026, 5:16PM Appointment of Mr. Shiv Kumar Singhal as Whole-time Director and Dr. Raj Kamal Agarwal as Independent Director of the Company
  • Maha. Seamless - Record Date

    7 Aug 2026, 5:12PM Maharashtra Seamless Limited has informed the Exchange that Record date for the purpose of DI is 01-Sep-2026.
  • Maha. Seamless - Record Date For Dividend

    7 Aug 2026, 5:09PM Record date for dividend
  • Maha. Seamless - Board Meeting Outcome for Outcome Of Board Meeting

    7 Aug 2026, 5:06PM Outcome of Board Meeting
  • Maha. Seamless - Outcome of Board Meeting

    7 Aug 2026, 5:03PM Maharashtra Seamless Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
  • Maha. Seamless - Un-Audited Financial Results For The Quarter Ended 30Th June 2026

    7 Aug 2026, 4:56PM Un-audited financial results for the quarter ended 30th June 2026
  • Maha. Seamless - Analysts/Institutional Investor Meet/Con. Call Updates

    5 Aug 2026, 5:27PM Maharashtra Seamless Limited has informed the Exchange about Schedule of meet
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    5 Aug 2026, 5:26PM Schedule of Analyst/ Investor Meet
  • Maha. Seamless - Demise

    3 Aug 2026, 7:16PM Maharashtra Seamless Limited has informed the Exchange regarding Demise of Mr Ashok Bhandari, Independent Director of the company on August 03, 2026.
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Demise

    3 Aug 2026, 7:13PM Intimation of sad demise of Mr. Ashok Bhandari, Independent Director of the Company
  • Maha. Seamless - Board Meeting Intimation for Approval Of Un-Audited Financial Results Of The Company For The Quarter Ended O

    29 Jul 2026, 3:27PM Maharashtra Seamless Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2026 ,inter alia, to consider
  • Maha. Seamless - Copy of Newspaper Publication

    13 Jul 2026, 3:10PM Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication
  • Maha. Seamless has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2026

    7 Jul 2026, 8:10PM As of June 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 Ma
  • Maha. Seamless - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    7 Jul 2026, 1:04PM 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

    7 Jul 2026, 12:54PM Attached
  • Maha. Seamless - Resignation of Director/KMP/SMP

    4 Jul 2026, 4:28PM Maharashtra Seamless Limited has informed the Exchange about Resignation of Director/KMP/SMP
  • Maha. Seamless - Copy of Newspaper Publication

    4 Jul 2026, 4:26PM Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication regarding opening of special window for re-lodgment of tran
  • Maha. Seamless - Resignation

    3 Jul 2026, 11:23AM Maharashtra Seamless Limited has informed the Exchange regarding Resignation of Arup Mandal as Chief Financial Officer of the company w.e.f. July 02,
  • Maha. Seamless - Cessation

    3 Jul 2026, 11:20AM Maharashtra Seamless Limited has informed the Exchange regarding Cessation of Arup Mandal as Chief Financial Officer of the company w.e.f. July 02, 2
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)

    3 Jul 2026, 11:20AM Attached
  • Maha. Seamless - Resignation of Director/KMP/SMP

    30 Jun 2026, 7:09PM Maharashtra Seamless Limited has informed the Exchange about Resignation of Director/KMP/SMP
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Change in Management

    30 Jun 2026, 6:43PM Attached
  • Maha. Seamless - Change in Management

    30 Jun 2026, 5:08PM Maharashtra Seamless Limited has informed the Exchange about change in Management
  • Maha. Seamless - Disclosure under SEBI Takeover Regulations

    29 Jun 2026, 8:01PM Saket Jindal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqu
  • Maha. Seamless - Shareholders meeting

    25 Jun 2026, 1:55PM 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

    25 Jun 2026, 1:50PM Voting Results of Postal Ballot through remote e-voting and Scrutinizer's Report
  • Maha. Seamless - Trading Window

    24 Jun 2026, 3:30PM Maharashtra Seamless Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulati
  • Maha. Seamless - Copy of Newspaper Publication

    26 May 2026, 12:35PM Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication regarding Postal Ballot Notice
  • Maha. Seamless - Shareholders meeting

    25 May 2026, 3:21PM Maharashtra Seamless Limited has informed the Exchange regarding Notice of Postal Ballot
  • Maha. Seamless - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    25 May 2026, 3:15PM Submission of Postal Ballot Notice
  • Maha. Seamless - Copy of Newspaper Publication

    24 May 2026, 2:51PM Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication of Financial Results for the quarter and year ended on Marc
  • 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-26 March-25 March-24 March-23 March-22
Assets 6871.24 6273.02 5613.86 4950.0487 4235.0275
Liabilities 6871.24 6273.02 5613.86 4950.0487 4235.0275
Equity 67 67 67 66.9996 33.4998
Gross Profit 684.44 921.99 1222.64 1037.7746 539.4702
Net Profit 718.16 792.85 974.93 792.9875 380.4444
Cash From Operating Activities 966.01 607.44 1047.5 907.8825 -289.8424
NPM(%) 15.37 15.05 18.04 13.89 10.69
Revenue 4671.41 5265.9 5403.12 5707.1295 3556.0836
Expenses 3986.97 4343.91 4180.48 4669.3549 3016.6134
ROE(%) 10.04 11.09 13.64 11.09 5.32

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
01 Sep 2026 10 200 1.58 635.35
14 Aug 2025 10 200 1.58 693.4
14 Aug 2024 10 200 1.58 808.95
14 Aug 2023 5 100 1.58 437.8
14 Sep 2021 3.5 70 1.58 319
14 Sep 2020 2.5 50 1.58 208.7
09 Sep 2019 6 120 1.58 469.8
6 120 1.58 424.7
12 Sep 2017 5 100 1.58 339.65
12 Sep 2016 2.5 50 1.58 223.9
14 Aug 2015 5 100 1.58 214.05
22 Aug 2014 6 120 1.58 275.9
04 Sep 2013 6 120 1.58 231.5
06 Sep 2012 6 120 1.58 337.7
29 Aug 2011 6 120 1.58 374.9
23 Sep 2010 6 120 1.58 379.65
11 Sep 2009 5 100 1.58 297.85
18 Sep 2008 5 100 1.58 289.6
21 Sep 2007 1.5 30 1.58 620.9
22 Mar 2007 2.5 50 1.58 462.5
18 Sep 2006 1.5 30 1.58 355.45
18 Sep 2006 3.5 70 1.58 370.05
30 Aug 2005 5 50 1.58 379.9
10 Sep 2004 1.5 15 1.58 209.1
14 Jun 2004 2.5 25 1.58 190.2
29 Aug 2003 3.5 35 1.58 160.25
17 Sep 2002 0 0 1.58 134.25
0 0 1.58 39.75
06 Sep 2001 0 15 1.58 27.75
0 12 1.58 22.25
0 12 1.58 20.1
0 10 1.58 15
0 10 1.58 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(%)
Steel Strips Infrastructures Ltd 19.61 3.92 0.00 547.97 -39.95 0.00
P S Raj Steels Ltd 81.90 4.80 35.92 477.93 113.84 0.00
Vaswani Industries Ltd 45.89 -1.42 0.00 1987.35 12.88 0.00
Kirloskar Ferrous Industries Ltd 444.10 0.66 21.24 10455.93 614.84 1.35

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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