Maharashtra Seamless Ltd. (MAHSEAMLES) fundamentals
Maharashtra Seamless Ltd. is a listed company in Industrial Products, part of the Capital Goods sector, listed on the NSE as MAHSEAMLES (ISIN INE271B01025). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.
What Maharashtra Seamless Ltd. does
Maharashtra Seamless Limited is India-based company, which is engaged in manufacturing steel pipes and tubes. The Company operates through three segments: Steel Pipes & Tubes, Power Electricity, and RIG. The Company manufactures seamless pipes and tubes with a product range using CPE technology. The Company offers electric resistance welding (ERW) pipes, including mild steel (MS) and galvanized pipes, American Petroleum Institute (API) line pipes and oil country tubular goods (OTCG) casing tubing; seamless pipes, such as hot finished pipes and tubes, cold drawn tubes, boiler tubes, OTCG casing tubing and OTCG drill pipe; coated pipes, including three-layer polyethylene coating, fusion-bonded epoxy coating, internal coating and three-layer polypropylene, and pipe fittings. The Company has also diversified into renewable power generation and rig operations.
Valuation and market data
| Last close | ₹718.95 |
|---|---|
| Market capitalisation | ₹9,631 crore |
| Enterprise value | ₹10,025 crore |
| P/E (TTM) | 13.74 |
| Price to book | 1.40 |
| Price to sales (TTM) | 1.14 |
| Book value per share | ₹513.31 |
| Dividend yield | 139.09% |
| Sector | Capital Goods |
| Industry | Industrial Products |
| Listed since | Wed Aug 25 |
Annual results
| Period | Revenue | Profit before tax | Net profit | EPS |
|---|---|---|---|---|
| Mar 2026 | ₹5,059 crore | ₹957 crore | ₹718 crore | 53.59 |
| Mar 2025 | ₹5,463 crore | ₹1,016 crore | ₹793 crore | 59.17 |
| Mar 2024 | ₹5,544 crore | ₹1,246 crore | ₹975 crore | 72.76 |
| Mar 2023 | ₹5,790 crore | ₹949 crore | ₹793 crore | 59.18 |
| Mar 2022 | ₹4,064 crore | ₹531 crore | ₹711 crore | 53.09 |
Figures are as reported (standalone), in ₹ crore.
Shareholding pattern
As of Jun 2026:
| Promoters | 70.3% |
|---|---|
| Foreign institutions (FII) | 9.7% |
| Mutual funds | 3.1% |
| Other domestic institutions | 0.8% |
| Retail and others | 16.2% |
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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.