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Maharashtra Seamless Limited (MAHSEAMLES.NS)
Gurugram, IN
Maharashtra Seamless Limited (MSL) is an Indian enterprise specializing in the production and distribution of seamless steel pipe and tube products. Its operations are divided into three core divisions: Steel Pipes & Tubes, Power Generation, and Rig Services. MSL's extensive product portfolio encompasses a variety of steel pipes, including mild steel and galvanized options, API-compliant line pipes, and a comprehensive range of Oil Country Tubular Goods (OCTG) like casing, tubing, drill pipes, and coupling stocks. Additionally, it supplies hot-finished and cold-drawn pipes, as well as boiler tubes. Beyond standard offerings, MSL manufactures specialized coated pipes, such as those with 3-layer polyethylene, fusion-bonded epoxy, 3-layer polypropylene, and internal epoxy coatings, alongside various connections and pipe fittings. Furthermore, MSL diversifies its activities by managing a drilling rig and participating in renewable energy generation, with a 5 MW solar power facility in Rajasthan and a 7 MW wind power installation in Maharashtra. These pipes and tubes find critical applications across numerous industries, including oil and gas, hydrocarbon processing, automotive, bearing manufacturing, boilers, heat exchangers, plumbing, firefighting, structural engineering, general engineering, railways, sewage and water well systems, and hydraulic cylinders. Established in 1988, the company maintains its headquarters in New Delhi, India.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.88% | -1.07% | -1.43% | +18.60% | +10.87% | +12.79% | -8.69% | +41.38% | +333.13% | +472.73% | +17,685.11% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2025-08 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 1 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Steel: +1.2%-11.3% Q1'26: -9.7% (vs Q1'25)
-
EPS growth Steel: +17.4%-9.8% Q1'26: -57.6% (vs Q1'25)
-
FCF margin FCF growth · Steel: +44.2%+15.3% Q1'26: +30.8% (vs Q1'25)
-
EBIT margin Steel: +5.8%+12.2% ★ Q1'26: +16.1% (vs Q1'25)
-
ROIC Steel: +4.3%+13.3% ★ Q1'26: +17.5% (vs Q1'25)
-
Share dilution Steel: +0.0%+0.0% Q1'26: +0.1% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Steel: 0.57×0.02× ★ Q1'26: 0.01× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2009 actual |
Mar 2010 actual |
Mar 2011 actual |
Mar 2012 actual |
Mar 2013 actual |
Mar 2014 actual |
Mar 2015 actual |
Mar 2016 actual |
Mar 2017 actual |
Mar 2018 actual |
Mar 2019 actual |
Mar 2020 actual |
Mar 2021 actual |
Mar 2022 actual |
Mar 2023 actual |
Mar 2024 actual |
Mar 2025 actual |
Mar 2026 1 Rev. Ana. 1 EPS Ana. |
Mar 2027 1 Rev. Ana. 1 EPS Ana. |
Mar 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
14.98B
est: 19.87B (-24.6%)
|
15.93B
est: 16.13B (-1.2%)
|
17.61B
est: 17.20B (+2.4%)
|
23.00B
est: 21.40B (+7.5%)
|
17.29B
est: 18.34B (-5.7%)
|
12.08B
est: 12.00B (+0.7%)
|
13.55B
est: 13.50B (+0.3%)
|
10.23B
est: 9.49B (+7.9%)
|
14.34B
est: 14.89B (-3.6%)
|
20.82B
est: 21.14B (-1.5%)
|
29.87B
est: 30.74B (-2.8%)
|
25.80B
est: 26.45B (-2.5%)
|
23.08B
est: 20.45B (+12.9%)
|
42.11B
est: 24.26B (+73.6%)
|
57.13B
est: 54.17B (+5.5%)
|
54.04B
est: 57.85B (-6.6%)
|
52.69B
est: 53.31B (-1.2%)
|
46.77B
46.77B – 46.77B
-12.3% YoY
|
47.50B
47.50B – 47.50B
+1.5% YoY
|
49.12B
49.12B – 49.12B
+3.4% YoY
|
| EBITDA |
4.15B
est: 3.81B (+8.8%)
|
4.53B
est: 3.53B (+28.2%)
|
5.16B
est: 5.10B (+1.1%)
|
4.30B
est: 6.45B (-33.4%)
|
2.41B
est: 3.97B (-39.4%)
|
1.53B
est: 1.60B (-4.5%)
|
1.80B
est: 2.34B (-23.2%)
|
904.88M
est: 1.87B (-51.7%)
|
2.94B
est: 909.41M (+223.3%)
|
4.10B
est: 4.51B (-9.2%)
|
5.43B
est: 6.48B (-16.2%)
|
3.10B
est: 5.23B (-40.7%)
|
3.76B
est: 4.04B (-6.9%)
|
6.89B
est: 4.79B (+43.7%)
|
11.29B
est: 1.89B (+497.1%)
|
13.64B
est: 17.23B (-20.9%)
|
11.15B
est: 15.88B (-29.8%)
|
13.93B
13.93B – 13.93B
-12.3% YoY
|
14.15B
14.15B – 14.15B
+1.5% YoY
|
14.63B
14.63B – 14.63B
+3.4% YoY
|
| EBIT |
3.97B
est: 3.73B (+6.4%)
|
4.35B
est: 2.68B (+62.1%)
|
4.97B
est: 4.19B (+18.6%)
|
4.45B
est: 6.07B (-26.8%)
|
2.03B
est: 3.27B (-37.9%)
|
1.16B
est: 875.58M (+32.1%)
|
1.49B
est: 688.68M (+116.6%)
|
193.82M
est: 1.59B (-87.8%)
|
2.21B
est: -504.07M (+537.7%)
|
3.20B
est: 2.26B (+41.6%)
|
4.63B
est: 3.55B (+30.5%)
|
2.22B
est: 4.44B (-50.0%)
|
2.55B
est: 3.43B (-25.8%)
|
5.51B
est: 4.07B (+35.3%)
|
9.91B
est: 1.85B (+434.7%)
|
12.54B
est: 17.99B (-30.3%)
|
10.14B
est: 16.58B (-38.8%)
|
14.54B
14.54B – 14.54B
-12.3% YoY
|
14.77B
14.77B – 14.77B
+1.5% YoY
|
15.27B
15.27B – 15.27B
+3.4% YoY
|
| Net Income |
1.95B
est: 2.36B (-17.3%)
|
2.85B
est: 2.11B (+34.6%)
|
3.43B
est: 3.03B (+13.0%)
|
3.08B
est: 4.26B (-27.7%)
|
1.52B
est: 2.64B (-42.3%)
|
1.02B
est: 997.29M (+1.8%)
|
1.18B
est: 1.19B (-1.1%)
|
88.50M
est: 123.91M (-28.6%)
|
1.16B
est: -382.19M (+403.0%)
|
2.11B
est: 1.80B (+16.9%)
|
2.34B
est: 3.18B (-26.3%)
|
838.73M
est: 3.74B (-77.6%)
|
980.38M
est: 2.06B (-52.3%)
|
6.92B
est: 1.74B (+296.6%)
|
7.65B
est: 753.29M (+915.2%)
|
9.51B
est: 10.84B (-12.2%)
|
7.77B
est: 9.18B (-15.3%)
|
8.04B
8.04B – 8.04B
-12.4% YoY
|
4.94B
4.94B – 4.94B
-38.5% YoY
|
5.47B
5.47B – 5.47B
+10.6% YoY
|
| SGA |
417.73M
est: 764.37M (-45.4%)
|
389.69M
est: 1.07B (-63.5%)
|
405.24M
est: 716.59M (-43.4%)
|
654.32M
est: 890.76M (-26.5%)
|
379.15M
est: 808.96M (-53.1%)
|
286.76M
est: 539.87M (-46.9%)
|
445.46M
est: 896.34M (-50.3%)
|
127.73M
est: 541.19M (-76.4%)
|
76.06M
est: 4.37B (-98.3%)
|
400.64M
est: 1.48B (-72.9%)
|
574.38M
est: 1.83B (-68.6%)
|
571.69M
est: 1.51B (-62.1%)
|
748.53M
est: 1.17B (-35.8%)
|
842.10M
est: 1.38B (-39.1%)
|
2.20B
est: 1.46B (+50.2%)
|
1.18B
est: 3.30B (-64.2%)
|
9.08B
est: 3.04B (+198.7%)
|
2.67B
2.67B – 2.67B
-12.3% YoY
|
2.71B
2.71B – 2.71B
+1.5% YoY
|
2.80B
2.80B – 2.80B
+3.4% YoY
|
| EPS |
18.28
est: 35.40 (-48.4%)
|
20.18
est: 36.16 (-44.2%)
|
24.22
est: 46.23 (-47.6%)
|
21.87
est: 45.84 (-52.3%)
|
10.81
est: 24.48 (-55.8%)
|
7.31
est: 13.16 (-44.4%)
|
8.71
est: 9.35 (-6.8%)
|
-1.81
est: 0.93 (-295.7%)
|
9.21
est: 13.95 (-34.0%)
|
15.73
est: 16.93 (-7.1%)
|
17.47
est: 31.73 (-44.9%)
|
6.26
est: 27.95 (-77.6%)
|
7.32
est: 15.35 (-52.3%)
|
51.62
est: 20.30 (+154.3%)
|
57.07
est: 54.80 (+4.1%)
|
70.99
est: 80.90 (-12.2%)
|
58.04
est: 68.50 (-15.3%)
|
60.00
60.00 – 60.00
-12.4% YoY
|
36.90
36.90 – 36.90
-38.5% YoY
|
40.80
40.80 – 40.80
+10.6% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-22 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-21 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-20 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-19 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-18 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-15 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-14 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-13 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-12 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-11 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-08 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-07 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-06 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-05 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-04 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-30 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-29 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-28 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-27 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-24 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-23 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-22 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-21 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-20 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-17 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-04-16 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO | 0.00% | 66.6K | 0.26% |
| 2 | Vanguard FTSE Emerging Markets Shares ETF VGE.AX | 0.00% | 29.5K | 0.48% |
| 3 | Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO | 0.00% | 5.3K | 0.22% |
| 4 | Vanguard All-Equity ETF Portfolio VEQT.TO | 0.00% | 15.9K | 0.22% |
| 5 | Vanguard Growth ETF Portfolio VGRO.TO | 0.00% | 8.6K | 0.22% |
| 6 | Vanguard Balanced ETF Portfolio VBAL.TO | 0.00% | 3.8K | 0.22% |
| 7 | Vanguard Conservative ETF Portfolio VCNS.TO | 0.00% | 435.11 | 0.22% |
| 8 | Vanguard Retirement Income ETF Portfolio VRIF.TO | 0.00% | 142.98 | 0.31% |
| 9 | Vanguard Conservative Income ETF Portfolio VCIP.TO | 0.00% | 68.07 | 0.22% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Saket Jindal | MD & Director | 58M | male |
| Raghav Jindal | Joint MD & Director | 41M | male |
| S. Raj | Whole-Time Director | 6M | male |
| Shiv Kumar Singhal | President of Commercial | 3M | male |
| Mukesh Dubey | President of Technical | — | male |
| Ram Ji Nigam | Compliance Officer & Company Secretary | — | male |
| Kaushal Bengani | Deputy General Manager - Investor Relations & Finance | — | — |
| J. Satyanaraya Rao | Vice President of Marketing | — | male |
| Arup Mandal | Chief Financial Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for MAHSEAMLES.NS
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
