Maharashtra Seamless Ltd Stock Price Today (NSE: MAHSEAMLES)
Fundamental Score
Maharashtra Seamless Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Maharashtra Seamless Ltd share price today is ₹565.35, down 1.26% on NSE/BSE as of 31 July 2026. Maharashtra Seamless Ltd (MAHSEAMLES) is a Mid-cap company in the Iron & Steel Products sector with a market capitalisation of ₹7.89K (Cr). The 52-week high for MAHSEAMLES share price is ₹712.80 and the 52-week low is ₹500.70. At a P/E ratio of 11.21x, MAHSEAMLES is currently trading below its industry average P/E of 22.88x. The company has a Return on Equity (ROE) of 10.65% and a debt-to-equity ratio of 0.00.
Maharashtra Seamless Ltd Share Price Chart — NSE/BSE Historical Performance
Maharashtra Seamless Ltd share price chart: -5.16% return over the past month. 52-week high ₹712.80, 52-week low ₹500.70.
Maharashtra Seamless Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹572.65 | ₹573.25 | ₹560.00 | ₹565.35 | 2.09L (Cr) | |
| ₹582.00 | ₹582.55 | ₹571.15 | ₹572.55 | 48.31K (Cr) | |
| ₹576.85 | ₹585.00 | ₹575.00 | ₹581.95 | 34.58K (Cr) | |
| ₹576.85 | ₹580.30 | ₹567.00 | ₹574.10 | 54.00K (Cr) | |
| ₹574.60 | ₹581.40 | ₹573.40 | ₹576.85 | 30.83K (Cr) | |
| ₹561.70 | ₹573.90 | ₹557.20 | ₹571.55 | 46.88K (Cr) | |
| ₹580.05 | ₹580.05 | ₹573.00 | ₹575.45 | 42.82K (Cr) | |
| ₹584.70 | ₹585.85 | ₹578.00 | ₹580.05 | 30.69K (Cr) | |
| ₹577.55 | ₹587.00 | ₹576.20 | ₹584.70 | 67.94K (Cr) | |
| ₹584.90 | ₹592.65 | ₹577.20 | ₹580.45 | 59.72K (Cr) |
Maharashtra Seamless Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹597.80 | ₹613.00 | ₹557.20 | ₹565.35 | -5.43% | |
| ₹623.15 | ₹661.50 | ₹588.00 | ₹597.80 | -4.07% | |
| ₹645.00 | ₹674.80 | ₹600.50 | ₹621.60 | -3.63% | |
| ₹574.00 | ₹690.00 | ₹563.60 | ₹640.00 | +11.50% | |
| ₹536.00 | ₹588.35 | ₹527.55 | ₹560.15 | +4.51% | |
| ₹504.10 | ₹573.00 | ₹503.65 | ₹562.00 | +11.49% | |
| ₹564.40 | ₹564.85 | ₹500.70 | ₹520.10 | -7.85% | |
| ₹597.45 | ₹599.00 | ₹542.55 | ₹561.35 | -6.04% | |
| ₹570.25 | ₹597.90 | ₹540.50 | ₹589.10 | +3.31% | |
| ₹599.75 | ₹610.55 | ₹567.00 | ₹568.00 | -5.29% | |
| ₹640.10 | ₹671.45 | ₹592.25 | ₹597.95 | -6.58% | |
| ₹702.00 | ₹705.00 | ₹640.00 | ₹641.45 | -8.63% |
AI Research Briefing
Powered by Gemini · 2026-04-10
Infrastructure play with tailwinds, but Chinese dumping and steel price volatility are real threats.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Maharashtra Seamless reported quarterly results on April 9, 2026, showing a QoQ increase in net profit by 93.76% to , with a YoY growth of 30.41%. Revenue saw a QoQ decrease of 5.90% to Promoters increased their stake by 0.45%, crossing the 70% mark.
CORE STORY (THE REAL GAME)
Infrastructure play, riding the capex wave in the Indian oil & gas sector. Not just a steel pipe company; it's a beneficiary of government spending and increasing domestic demand.
- QoQ Net Profit growth of 93.76%
- Promoter stake increase above 70%
- Order book up 20% QoQ to ₹1,378 crores
- New order wins in the oil & gas sector
- Government infrastructure spending announcements
- Anti-dumping duties on Chinese imports
- Chinese dumping impacting margins
- High beta of 1.10 indicates higher volatility
- Steel price volatility and raw material costs
Promoter increased stake by 0.45%, crossing 70%. FII down 0.56%, DII down 0.45%.
India's steel production reached 168.4 million tons in FY26, up 10.7% YoY, driven by infrastructure demand.
₹256 crore order for seamless pipes to the oil and gas industry.
Yes, Free Cash Flow 5Y: ₹2639.64 Cr.
Ride the infrastructure wave for the next 3-6 months. Monitor Chinese dumping and steel price volatility.
Primary Thesis Risk
Chinese dumping could erode margins and derail the growth story.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Maharashtra Seamless Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Maharashtra Seamless Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MAHSEAMLES across key market metrics for learning purposes.
Positive Indicators
10 factors identified
Strong Operating Margins (17.29%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Attractive Valuation (P/E: 11.21 vs Industry: 22.88)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Consistent Growth Track Record (15.16% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (28.94% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (28.94% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Debt-Free Balance Sheet (D/E: 0.00)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (366.29x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹2976.90 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (70.28%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
2 factors identified
Profit Decline Concern (-56.91%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Revenue Contraction (-9.71%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Maharashtra Seamless Ltd vs Iron & Steel Products Peers
Peer Comparison - Iron & Steel Products
Compare Maharashtra Seamless Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Maharashtra Seamless LtdMaharashtra Sea...Selected✓ MAHSEAMLES • 500265 | 60.6/100 | ₹565.35₹565 | ₹7890.10₹7890.10 | 11.21Average 11.2 Average | 10.65%Average 10.65% Average | 14.29%Average 14.29% Average | 0.00Excellent 0.0 Excellent | 28.94%Excellent 28.94% Excellent | 15.16%Excellent 15.16% Excellent | 1.70% |
Apl Apollo Tubes LtdApl Apollo Tube... APLAPOLLO • 533758 | 58.7/100 | ₹1819.50₹1820 | ₹50449.08₹50449.08 | 41.93Average 41.9 Average | 25.31%Excellent 25.31% Excellent | 31.64%Excellent 31.64% Excellent | 0.09Excellent 0.1 Excellent | 27.28%Excellent 27.28% Excellent | 22.11%Excellent 22.11% Excellent | 0.32% |
Welspun Corp LtdWelspun Corp Lt... WELCORP • 532144 | 64.3/100 | ₹1439.30₹1439 | ₹44413.13₹44413.13 | 27.56Average 27.6 Average | 19.42%Good 19.42% Good | 22.89%Excellent 22.89% Excellent | 0.26Excellent 0.3 Excellent | 20.91%Excellent 20.91% Excellent | 18.58%Excellent 18.58% Excellent | 0.30% |
Shyam Metalics and Energy LtdShyam Metalics ... SHYAMMETL • 543299 | 56.3/100 | ₹1031.30₹1031 | ₹28869.18₹28869.18 | 26.97Average 27.0 Average | 9.70%Poor 9.70% Poor | 13.01%Average 13.01% Average | 0.09Excellent 0.1 Excellent | 4.90%Average 4.90% Average | 24.12%Excellent 24.12% Excellent | 0.44% |
Ratnamani Metals & Tubes LtdRatnamani Metal... RATNAMANI • 520111 | 45.6/100 | ₹2358.90₹2359 | ₹18251.63₹18251.63 | 37.27Average 37.3 Average | 12.64%Average 12.64% Average | 17.92%Good 17.92% Good | 0.08Excellent 0.1 Excellent | 12.16%Good 12.16% Good | 14.35%Good 14.35% Good | 0.38% |
Godawari Power & Ispat LtdGodawari Power ... GPIL • 532734 | 57.1/100 | ₹242.40₹242 | ₹17056.25₹17056.25 | 20.95Average 20.9 Average | 15.20%Good 15.20% Good | 20.37%Excellent 20.37% Excellent | 0.08Excellent 0.1 Excellent | 4.99%Average 4.99% Average | 6.38%Good 6.38% Good | 0.39% |
Gallantt Ispat LtdGallantt Ispat ... GALLANTT • 532726 | 61.9/100 | ₹614.60₹615 | ₹16624.26₹16624.26 | 34.33Average 34.3 Average | 15.73%Good 15.73% Good | 18.23%Good 18.23% Good | 0.17Excellent 0.2 Excellent | 42.84%Excellent 42.84% Excellent | 34.42%Excellent 34.42% Excellent | 0.18% |
Jindal Saw LtdJindal Saw Ltd... JINDALSAW • 500378 | 50.8/100 | ₹256.95₹257 | ₹16352.11₹16352.11 | 25.02Average 25.0 Average | 8.20%Poor 8.20% Poor | 10.43%Average 10.43% Average | 0.37Excellent 0.4 Excellent | 25.27%Excellent 25.27% Excellent | 10.91%Good 10.91% Good | 0.78% |
Usha Martin LtdUsha Martin Ltd... USHAMART • 517146 | 69.7/100 | ₹495.95₹496 | ₹15127.41₹15127.41 | 30.03Average 30.0 Average | 16.64%Good 16.64% Good | 20.18%Excellent 20.18% Excellent | 0.07Excellent 0.1 Excellent | 27.59%Excellent 27.59% Excellent | 11.97%Good 11.97% Good | 0.60% |
Jayaswal Neco Industries LtdJayaswal Neco I... JAYNECOIND • 522285 | 47/100 | ₹86.03₹86 | ₹8896.22₹8896.22 | 18.90Average 18.9 Average | 18.05%Good 18.05% Good | 20.67%Excellent 20.67% Excellent | 0.74Good 0.7 Good | 23.24%Excellent 23.24% Excellent | 14.17%Good 14.17% Good | 0.00% |
Sunflag Iron & Steel Co LtdSunflag Iron & ... SUNFLAG • 500404 | 38.2/100 | ₹365.30₹365 | ₹6248.07₹6248.07 | 30.01Average 30.0 Average | 2.36%Poor 2.36% Poor | 4.06%Poor 4.06% Poor | 0.06Excellent 0.1 Excellent | 8.17%Good 8.17% Good | 15.80%Excellent 15.80% Excellent | 0.22% |
Top Iron & Steel Products Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Apl Apollo Tubes Ltd share price50449.08 Cr
- Welspun Corp Ltd share price44413.13 Cr
- Shyam Metalics and Energy Ltd share price28869.18 Cr
- Ratnamani Metals & Tubes Ltd share price18251.63 Cr
- Godawari Power & Ispat Ltd share price17056.25 Cr
Maharashtra Seamless Ltd PE Ratio History
Historical price-to-earnings ratio for MAHSEAMLES — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹58.02 | ₹561.35 | 9.7x |
| FY 2024 | ₹70.99 | ₹700.95 | 9.9x |
| FY 2023 | ₹57.07 | ₹925.35 | 16.2x |
| FY 2022 | ₹51.62 | ₹324.25 | 6.3x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Maharashtra Seamless Ltd Dividend History
Annual cash dividends paid by MAHSEAMLES — dividend yield 1.70%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹134.04 Cr |
| FY 2024 | ₹67.00 Cr |
| FY 2023 | ₹33.73 Cr |
| FY 2022 | ₹23.65 Cr |
Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.
Maharashtra Seamless Ltd Quarterly Performance
Latest quarterly metrics for MAHSEAMLES — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
-9.71%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-56.91%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
15.16%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
28.94%
Compounded annual net profit growth over 5 years
Maharashtra Seamless Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for MAHSEAMLES — calculated from daily price history
Selling pressure is heavy — potential reversal zone.
Technical indicators are for educational purposes only. Not investment advice.
Maharashtra Seamless Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Maharashtra Seamless Ltd (MAHSEAMLES) — sourced from NSE/BSE filings.
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About MAHSEAMLES (Maharashtra Seamless Ltd)
Maharashtra Seamless Ltd is a prominent Indian manufacturer specializing in seamless steel pipes and tubes. They command a significant presence in the iron and steel product sector..., contributing substantially to infrastructure development and energy transportation networks. The company's core focus lies in producing high-quality seamless pipes crucial for various applications across industries. Through advanced manufacturing processes and stringent quality control, Maharashtra Seamless consistently delivers products meeting international standards. Their commitment to innovation and sustainability positions them as a reliable partner for projects demanding durable and dependable piping solutions. The diverse product portfolio caters to evolving industry needs, making Maharashtra Seamless a key player in the domestic market. The operational structure of Maharashtra Seamless Ltd is strategically divided into key segments, each contributing to the overall success of the company. The Steel Pipes & Tubes segment forms the cornerstone of their business, driving innovation and expansion. Furthermore, the Power – Electricity segment showcases their commitment to energy production, supporting sustainable practices and meeting rising energy demands. Additionally, the RIG segment offers specialized solutions for the oil and gas industry, providing essential equipment and services. This diversified approach enables Maharashtra Seamless to navigate market fluctuations effectively and leverage growth opportunities across various sectors. The product range offered by Maharashtra Seamless encompasses a wide array of seamless steel pipes and tubes, customized to meet specific project requirements. From essential mild steel and galvanized pipes to specialized API line pipes and OCTG pipes crucial for the oil and gas sector, they provide comprehensive solutions. They also produce hot finished pipes and tubes, and cold-drawn and boiler tubes. Beyond standard offerings, Maharashtra Seamless excels in providing coated pipes. This includes sophisticated 3-layer polyethylene coated pipes, fusion-bonded epoxy coated pipes, and 3-layer polypropylene coated pipes, enhancing corrosion resistance and durability for demanding environments.
Company Details
Key Leadership
Corporate Events
MAHSEAMLES Share Price: Frequently Asked Questions
What is the current share price of Maharashtra Seamless Ltd?
Maharashtra Seamless Ltd (MAHSEAMLES) trades at ₹565.35 on NSE and BSE. Market cap ₹7.89K (Cr). Educational data only.
What is the P/E ratio of Maharashtra Seamless Ltd?
Maharashtra Seamless Ltd has a P/E of 11.21x vs industry average 22.88x.
What is the Bull Run score for Maharashtra Seamless Ltd?
Maharashtra Seamless Ltd has a Bull Run score of 60.6/100 based on 25+ financial parameters.
Does Maharashtra Seamless Ltd pay dividends?
Maharashtra Seamless Ltd has a dividend yield of 1.70%. Past dividends don't guarantee future payments.
What is the ROE of Maharashtra Seamless Ltd?
Maharashtra Seamless Ltd has ROE of 10.65%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Maharashtra Seamless Ltd?
Maharashtra Seamless Ltd has debt-to-equity of 0.00.
Is Maharashtra Seamless Ltd a good investment?
Bull Run gives Maharashtra Seamless Ltd a score of 60.6/100. This is not investment advice — consult a SEBI-registered advisor.