Maharashtra Seamless Limited
Maharashtra Seamless Limited (MAHSEAMLES) financial statements and selected valuation metrics from NSE/BSE exchange filings through 30 June 2026.
Industrials›Capital Goods›Industrial Products›Iron & Steel Products
jindal.com(opens the company website in a new tab)Key metrics
Price as of 2026-09-03
Stock price
₹653.50
Market cap
8,757 Cr
Stock P/E
10.2
P/B
1.27
Dividend yield
1.5%
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Share price
NSE closing price from historical market data.
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Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · NSE preferred when both exchanges report the same period · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024BSE balance sheet (this exchange's own filing had none for this period) | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,535 Cr | 1,431 Cr | 1,215 Cr | 1,151 Cr | 1,292 Cr | 1,408 Cr | 1,418 Cr | 1,145 Cr | 1,159 Cr | 1,090 Cr | 1,280 Cr | 1,091 Cr |
| Operating expenses (approx.) | 1,203 Cr | 1,061 Cr | 945 Cr | 1,027 Cr | 1,061 Cr | 1,129 Cr | 1,133 Cr | 977 Cr | 1,036 Cr | 938 Cr | 1,042 Cr | 908 Cr |
| EBITDA | 332 Cr | 370 Cr | 270 Cr | 124 Cr | 231 Cr | 280 Cr | 285 Cr | 169 Cr | 123 Cr | 152 Cr | 238 Cr | 183 Cr |
| OPM % | 21.7% | 25.9% | 22.2% | 10.8% | 17.9% | 19.9% | 20.1% | 14.7% | 10.6% | 14.0% | 18.6% | 16.8% |
| Other income | 30 Cr | 35 Cr | 44 Cr | 65 Cr | 91 Cr | 2 Cr | 40 Cr | 160 Cr | 76 Cr | 200 Cr | -48 Cr | 174 Cr |
| Interest | 0.72 Cr | 0.69 Cr | 0.46 Cr | 0.93 Cr | 0.81 Cr | 0.52 Cr | 0.50 Cr | 0.48 Cr | 0.43 Cr | 0.82 Cr | 0.85 Cr | 0.53 Cr |
| Depreciation | 26 Cr | 26 Cr | 24 Cr | 25 Cr | 25 Cr | 25 Cr | 25 Cr | 25 Cr | 25 Cr | 29 Cr | 31 Cr | 31 Cr |
| Profit before tax | 331 Cr | 374 Cr | 290 Cr | 158 Cr | 292 Cr | 252 Cr | 299 Cr | 300 Cr | 169 Cr | 319 Cr | 151 Cr | 322 Cr |
| Tax % | 24.3% | 26.2% | 24.7% | 18.3% | 24.6% | 26.1% | 18.9% | 23.1% | 26.0% | 24.0% | 32.0% | 17.4% |
| Net profit | 251 Cr | 276 Cr | 218 Cr | 129 Cr | 220 Cr | 186 Cr | 242 Cr | 230 Cr | 125 Cr | 243 Cr | 103 Cr | 266 Cr |
| EPS (₹) | ₹18.69 | ₹20.59 | ₹16.30 | ₹9.65 | ₹16.42 | ₹13.89 | ₹18.06 | ₹17.19 | ₹9.35 | ₹18.12 | ₹7.67 | ₹19.88 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,073 Cr | 2,645 Cr | 2,308 Cr | 4,200 Cr | 5,716 Cr | 5,404 Cr | 5,269 Cr | 4,674 Cr | Sign in for TTM |
| Operating expenses (approx.) | 2,404 Cr | 2,104 Cr | 1,843 Cr | 3,588 Cr | 4,676 Cr | 4,205 Cr | 4,348 Cr | 3,993 Cr | Sign in for TTM |
| EBITDA | 669 Cr | 541 Cr | 465 Cr | 612 Cr | 1,040 Cr | 1,199 Cr | 920 Cr | 681 Cr | Sign in for TTM |
| OPM % | 21.8% | 20.4% | 20.2% | 14.6% | 18.2% | 22.2% | 17.5% | 14.6% | Sign in for TTM |
| Other income | 69 Cr | 50 Cr | 87 Cr | 111 Cr | 89 Cr | 142 Cr | 197 Cr | 388 Cr | Sign in for TTM |
| Interest | 39 Cr | 64 Cr | 56 Cr | 51 Cr | 38 Cr | 8 Cr | 3 Cr | 3 Cr | Sign in for TTM |
| Depreciation | 80 Cr | 88 Cr | 121 Cr | 138 Cr | 138 Cr | 110 Cr | 101 Cr | 110 Cr | Sign in for TTM |
| Profit before tax | 433 Cr | 161 Cr | 173 Cr | 505 Cr | 924 Cr | 1,223 Cr | 1,000 Cr | 939 Cr | Sign in for TTM |
| Tax % | 53.4% | 28.7% | 29.6% | 20.0% | 16.9% | 22.2% | 22.3% | 25.4% | Sign in for TTM |
| Net profit | 202 Cr | 115 Cr | 121 Cr | 404 Cr | 768 Cr | 952 Cr | 777 Cr | 701 Cr | Sign in for TTM |
| EPS (₹) | ₹34.96 | ₹12.52 | ₹14.63 | ₹56.75 | ₹114.14 | ₹70.99 | ₹58.02 | ₹52.33 | Sign in for TTM |
| Dividend payout % | — | — | — | 5.9% | 4.4% | 7.0% | 17.2% | 19.1% | Sign in for TTM |
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Trailing twelve months totals and margin rows
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 34 Cr | 34 Cr | 34 Cr | 34 Cr | 67 Cr | 67 Cr | 67 Cr | 67 Cr |
| Reserves | 3,037 Cr | 3,171 Cr | 3,265 Cr | 3,663 Cr | 4,707 Cr | 5,664 Cr | 6,273 Cr | 6,809 Cr |
| Borrowings | 1,059 Cr | — | — | — | 244 Cr | — | 0.10 Cr | 13 Cr |
| Other liabilities | 666 Cr | 2,035 Cr | 2,057 Cr | 1,691 Cr | 841 Cr | 858 Cr | 693 Cr | 849 Cr |
| Total liabilities | 4,795 Cr | 5,239 Cr | 5,356 Cr | 5,388 Cr | 5,859 Cr | 6,589 Cr | 7,033 Cr | 7,739 Cr |
| Fixed assets (net) | 1,172 Cr | — | — | — | 2,014 Cr | 1,948 Cr | 1,862 Cr | 1,862 Cr |
| CWIP | 23 Cr | — | — | — | 14 Cr | 3 Cr | 14 Cr | 72 Cr |
| Investments | 1,276 Cr | — | — | — | 1,177 Cr | 2,098 Cr | 2,892 Cr | 3,821 Cr |
| Loans & advances | 378 Cr | — | — | — | 77 Cr | 0 Cr | 0 Cr | 0 Cr |
| Inventories | 771 Cr | — | — | — | 1,506 Cr | 1,576 Cr | 1,342 Cr | 1,139 Cr |
| Trade receivables | 492 Cr | — | — | — | 642 Cr | 519 Cr | 653 Cr | 565 Cr |
| Cash & bank | 59 Cr | — | — | — | 54 Cr | 55 Cr | 42 Cr | 77 Cr |
| Other assets | 623 Cr | 5,239 Cr | 5,356 Cr | 5,388 Cr | 372 Cr | 390 Cr | 228 Cr | 204 Cr |
| Total assets | 4,795 Cr | 5,239 Cr | 5,356 Cr | 5,388 Cr | 5,859 Cr | 6,589 Cr | 7,033 Cr | 7,739 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | — | — | -283 Cr | 917 Cr | 1,042 Cr | 610 Cr | 933 Cr |
| Cash from investing | — | — | — | 489 Cr | -382 Cr | -722 Cr | -485 Cr | -775 Cr |
| Cash from financing | — | — | — | -220 Cr | -542 Cr | -320 Cr | -137 Cr | -123 Cr |
| Net cash flow | — | — | — | -16 Cr | -17 Cr | 0.41 Cr | -13 Cr | 35 Cr |
| Free cash flow (OCF − Capex) | — | — | — | -291 Cr | 898 Cr | 1,010 Cr | 586 Cr | 764 Cr |
Ratios
Ratios as reported or derived per annual period.
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| ROCE % | 11.4% | 7.0% | 6.9% | 15.0% | 19.2% | 21.5% | 15.8% | 13.7% |
| ROE % | 0.0% | 2.6% | 3.0% | 10.3% | 16.0% | 16.6% | 12.3% | 10.2% |
| Debtor days | 58 | — | — | — | 41 | 35 | 45 | 44 |
| Inventory days | 139 | — | — | — | 147 | 177 | 149 | 141 |
| Days payable | 49 | — | — | — | 29 | 33 | 17 | 31 |
| Cash conversion cycle | 148 | — | — | — | 158 | 179 | 177 | 154 |
| Debt / equity | 0.00 | — | — | 0.00 | 0.05 | 0.00 | 0.0000 | 0.0019 |
| Current ratio | 3.97 | — | — | — | 5.85 | 8.39 | 16.34 | 14.17 |
| Net debt / EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | -0.05 | -0.05 | -0.09 |
Compare with peers
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