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Maharashtra Seamless Ltd

Fri 25/04/2025,15:53:5 | NSE : MAHSEAMLES

₹ 672.25-22.75 (-3.27%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 697.00

Previous Close

₹ 695.00

Volume

170063

Mkt Cap ( Rs. Cr)

₹9008.10

High

₹ 702.60

Low

₹ 664.00

52 Week High

₹ 942.00

52 Week Low

₹ 566.50

Book Value Per Share

₹ 443.75

Dividend Yield

1.48

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

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

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0

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0.00

0

0.00

0

Bid Total

0

Bid Price

Qty

672.25

53

0.00

0

0.00

0

0.00

0

0.00

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Bid Total

53

Option Chain

Analyzes market sentiment, predicts Maharashtra Seamless Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • Maha. Seamless has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    4 Apr 2025, 10:50PM As of March 2025, 68.85% is owned by Indian Promoters and 31.14% by Public. <p align=justify> Institutional holds 13.60% (Insurance Companies 0.21%) a
  • Maha. Seamless - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    4 Apr 2025, 11:34AM 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

    4 Apr 2025, 11:32AM Compliance Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018
  • Maha. Seamless - Spurt in Volume

    2 Apr 2025, 10:11AM Significant increase in volume has been observed in Maharashtra Seamless Limited. The Exchange, in order to ensure that investors have latest relevant
  • Maha. Seamless - Clarification On Significant Increase In The Volume

    2 Apr 2025, 12:35PM Clarification on significant increase in the volume
  • Maha. Seamless - Clarification On Spurt In Volume, Required By NSE

    2 Apr 2025, 10:18AM Clarification on Spurt in Volume, required by NSE
  • Maha. Seamless - Spurt in Volume

    1 Apr 2025, 5:47PM Significant increase in volume has been observed in Maharashtra Seamless Limited. The Exchange, in order to ensure that investors have latest relevant
  • Maha. Seamless - Trading Window-XBRL

    26 Mar 2025, 10:53AM MAHARASHTRA SEAMLESS LIMITED has informed the Exchange about Closure of Trading Window
  • Maha. Seamless - Trading Window

    26 Mar 2025, 10:50AM Maharashtra Seamless Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulati
  • Maha. Seamless - Analysts/Institutional Investor Meet/Con. Call Updates

    21 Mar 2025, 2:54PM Maharashtra Seamless Limited has informed the Exchange about Schedule of meet
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    21 Mar 2025, 2:52PM Analyst / Investor Meet
  • Maha. Seamless - Bagging/Receiving of orders/contracts

    16 Mar 2025, 7:24PM Maharashtra Seamless Limited has informed the Exchange about Bagging/Receiving of orders/contracts
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

    16 Mar 2025, 7:23PM Receipt of order
  • Maha. Seamless - Analysts/Institutional Investor Meet/Con. Call Updates

    12 Mar 2025, 4:38PM Maharashtra Seamless Limited has informed the Exchange about Schedule of meet
  • Maha. Seamless - Shareholders meeting

    12 Mar 2025, 4:24PM Maharashtra Seamless Limited has submitted the Exchange a copy Scrutinizers Report of Postal Ballot. Further, the Company has informed the Exchange r
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    12 Mar 2025, 4:36PM Analyst / Investor Meet
  • Maha. Seamless - Shareholder Meeting / Postal Ballot-Scrutinizer\s Report

    12 Mar 2025, 4:17PM Voting Results of Postal Ballot through remote e-voting and Scrutinizers Report
  • Maha. Seamless - Copy of Newspaper Publication

    9 Feb 2025, 11:13AM Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication
  • Maha. Seamless - Notice Of Shareholders Meetings-XBRL

    7 Feb 2025, 12:38PM MAHARASHTRA SEAMLESS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Postal Ballot
  • Maha. Seamless - Shareholders meeting

    7 Feb 2025, 12:34PM Maharashtra Seamless Limited has informed the Exchange regarding Notice of Postal Ballot
  • Maha. Seamless - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

    7 Feb 2025, 12:31PM Submission of Posta Ballot Notice
  • Maha. Seamless - Analysts/Institutional Investor Meet/Con. Call Updates

    3 Feb 2025, 5:32PM Maharashtra Seamless Limited has informed the Exchange about Transcript
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    3 Feb 2025, 5:26PM Transcript of earnings conference call held on 28 January 2025
  • Maha. Seamless - Analysts/Institutional Investor Meet/Con. Call Updates

    28 Jan 2025, 9:09PM Maharashtra Seamless Limited has informed the Exchange about Link of Recording
  • Maha. Seamless - Audio Recording Of Conference Call Dated 28Th January, 2025

    28 Jan 2025, 9:07PM Audio Recording of Conference Call dated 28th January, 2025
  • Maha. Seamless - Copy of Newspaper Publication

    28 Jan 2025, 1:30PM Maharashtra Seamless Limited has informed the Exchange about Copy of Newspaper Publication
  • Maha. Seamless - Integrated Filing- Financial

    28 Jan 2025, 11:23AM Integrated Filing (Financial)
  • Maha. Seamless - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    28 Jan 2025, 10:59AM MAHARASHTRA SEAMLESS LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfe
  • Maha. Seamless - Integrated Filing (Financial)

    28 Jan 2025, 11:21AM Integrated Filing (Financial)
  • Maha. Seamless - Appointment

    27 Jan 2025, 4:40PM Maharashtra Seamless Limited has informed the Exchange regarding Appointment of Mr Saket Jindal as Managing Director of the company w.e.f. April 01, 2
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Investor Presentation

    27 Jan 2025, 4:24PM Investor Presentation
  • Maha. Seamless - Analysts/Institutional Investor Meet/Con. Call Updates

    27 Jan 2025, 4:24PM Maharashtra Seamless Limited has informed the Exchange about Presentation
  • Maha. Seamless - Outcome of Board Meeting

    27 Jan 2025, 4:18PM Appointment of CFO and Reappointment of Managing director
  • Maha. Seamless - Financial Results For The Quarter And Nine Months Ended On December 31, 2024

    27 Jan 2025, 4:12PM Financial Results for the quarter and nine months ended on December 31, 2024
  • Maha. Seamless - Financial Result Updates

    27 Jan 2025, 4:12PM Maharashtra Seamless Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Maha. Seamless Q3 net profit down 32.15% at Rs 190.17 cr

    27 Jan 2025, 4:50PM The company reported standalone net profit of Rs 190.17 crore for the quarter ended December 31, 2024 as compared to Rs 280.29 crore in the same perio
  • Maha. Seamless - Appointment Of Mr. Arup Mandal As CFO With Effect From 27Th January, 2025

    27 Jan 2025, 4:43PM Appointment of Mr. Arup Mandal as CFO with effect from 27th January, 2025
  • Maha. Seamless - Announcement under Regulation 30 (LODR)-Change in Management

    27 Jan 2025, 4:35PM Reappointment of Managing Director with effect from April 1, 2025, subject to approval of Shareholders
  • Maha. Seamless - Board Meeting Outcome for Outcome Of Board Meeting

    27 Jan 2025, 4:15PM Outcome of Board Meeting for Financial Results, Appointment of CFO and Re-appointment of Managing Director
  • 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-24 March-23 March-22 March-21 March-20
Assets 5613.86 4950.0487 4235.0275 3961.1763 3919.253
Liabilities 5613.86 4950.0487 4235.0275 3961.1763 3919.253
Equity 67 66.9996 33.4998 33.4998 33.4998
Gross Profit 1222.64 1037.7746 539.4702 446.436 551.4102
Net Profit 974.93 792.9875 380.4444 141.5944 -20.6774
Cash From Operating Activities 1047.5 907.8825 -289.8424 500.6709 748.6976
NPM(%) 18.04 13.89 10.69 6.36 -0.79
Revenue 5403.12 5707.1295 3556.0836 2225.0818 2616.8355
Expenses 4180.48 4669.3549 3016.6134 1778.6458 2065.4253
ROE(%) 16.39 13.33 6.39 2.38 -0.34

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
14 Aug 2024 10 200 1.49 808.95
14 Aug 2023 5 100 1.49 437.8
14 Sep 2021 3.5 70 1.49 319
14 Sep 2020 2.5 50 1.49 208.7
09 Sep 2019 6 120 1.49 469.8
6 120 1.49 424.7
12 Sep 2017 5 100 1.49 339.65
12 Sep 2016 2.5 50 1.49 223.9
14 Aug 2015 5 100 1.49 214.05
22 Aug 2014 6 120 1.49 275.9
04 Sep 2013 6 120 1.49 231.5
06 Sep 2012 6 120 1.49 337.7
29 Aug 2011 6 120 1.49 374.9
23 Sep 2010 6 120 1.49 379.65
11 Sep 2009 5 100 1.49 297.85
18 Sep 2008 5 100 1.49 289.6
21 Sep 2007 1.5 30 1.49 620.9
22 Mar 2007 2.5 50 1.49 462.5
18 Sep 2006 1.5 30 1.49 355.45
18 Sep 2006 3.5 70 1.49 370.05
30 Aug 2005 5 50 1.49 379.9
10 Sep 2004 1.5 15 1.49 209.1
14 Jun 2004 2.5 25 1.49 190.2
29 Aug 2003 3.5 35 1.49 160.25
17 Sep 2002 0 0 1.49 134.25
0 0 1.49 39.75
06 Sep 2001 0 15 1.49 27.75
0 12 1.49 22.25
0 12 1.49 20.1
0 10 1.49 15
0 10 1.49 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 134.00 -0.70 0.00 41.24 84.41 0.00
Vaswani Industries Ltd 43.36 -7.07 13.99 2017.95 28.82 0.00
Kirloskar Ferrous Industries Ltd 452.20 0.00 33.65 11046.26 361.87 1.22
Prakash Steelage Ltd 6.84 -3.25 3.32 11771.37 330.78 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 ₹ 672.25.

The 52-week high for Maharashtra Seamless Ltd is ₹ 702.60 and the 52-week low is ₹ 664.00.

The market capitalization of Maharashtra Seamless Ltd is currently ₹ 9008.10. 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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