Maharashtra Seamless Ltd.
NSE: MAHSEAMLES · Iron & Steel Products
Snapshot
Unlock Maharashtra Seamless Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Maharashtra Seamless Limited is a prominent manufacturer of seamless steel pipes and tubes, catering to diverse sectors including oil and gas, automotive, and infrastructure. The company also maintains diversified operations in power generation through solar and wind energy assets and rig services.
Business Model
The company generates revenue primarily through the manufacturing and sale of high-quality steel pipes, tubes, and specialized pipe coatings. It further supplements its income through the operation of power plants and the provision of rig services.
- Solar Power Capacity:5 MW
- Wind Power Capacity:7 MW
Growth Outlook
Growth is driven by sustained demand from the oil and gas sector and infrastructure development projects requiring specialized piping solutions. The company continues to leverage its technical expertise in hot finished and cold drawn tubes to maintain market competitiveness.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of steel and other raw materials can significantly impact the company's operating margins.
- Cyclicality of Oil and Gas Sector. The company's performance is heavily dependent on capital expenditure cycles within the global oil and gas industry.
- Regulatory and Environmental Risks. Changes in environmental regulations regarding steel manufacturing and power generation could lead to increased compliance costs.
- Competitive Intensity. The seamless pipe market faces intense competition from both domestic and international manufacturers, potentially pressuring pricing power.
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Key Metrics
REVENUE
₹4,620 Cr
TTM · consolidated
NET PROFIT
₹737 Cr
TTM · consolidated
EPS
₹55.02
TTM · consolidated
RETURN ON EQUITY
11.2%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
13.9%
TTM · consolidated
P/E
12.7×
Q1 FY27 · consolidated
EV/EBITDA
8.5x
Q1 FY27 · consolidated
EBITDA MARGIN
23.8%
TTM · consolidated
NET PROFIT MARGIN
24.4%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q1 FY27 · consolidated
Peers · Iron & Steel Products
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Maharashtra Seamless Ltd.MAHSEAMLES | ₹9,417 Cr | 12.7× | 8.52 | -12.2% | 23.8% | 11.2% | 13.9% | +17.8% |
Jayaswal Neco Industries LimitedJAYNECOIND | ₹8,871 Cr | 15.7× | 7.59 | 22.2% | 18.8% | 21.6% | 24.6% | +31.9% |
Man Industries (India) LimitedMANINDS | ₹7,401 Cr | 33.3× | 14.26 | 10.7% | 14.0% | 11.1% | 21.1% | +151.6% |
Sunflag Iron and Steel Company LimitedSUNFLAG | ₹7,038 Cr | 38.0× | 14.83 | 9.3% | 12.4% | 2.3% | 3.6% | +63.0% |
Aeroflex Industries LimitedAEROFLEX | ₹6,892 Cr | 101.0× | 57.59 | 35.6% | 23.7% | 17.0% | 22.9% | +198.6% |
Technocraft Industries (India) LimitedTIIL | ₹6,847 Cr | 19.3× | 11.78 | 12.4% | 21.7% | 18.4% | 23.3% | +28.0% |
As of Q1 FY27
Financials
Maharashtra Seamless Ltd.
NSE: MAHSEAMLES · Iron & Steel Products
Snapshot
Unlock Maharashtra Seamless Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Maharashtra Seamless Limited is a prominent manufacturer of seamless steel pipes and tubes, catering to diverse sectors including oil and gas, automotive, and infrastructure. The company also maintains diversified operations in power generation through solar and wind energy assets and rig services.
Business Model
The company generates revenue primarily through the manufacturing and sale of high-quality steel pipes, tubes, and specialized pipe coatings. It further supplements its income through the operation of power plants and the provision of rig services.
- Solar Power Capacity:5 MW
- Wind Power Capacity:7 MW
Growth Outlook
Growth is driven by sustained demand from the oil and gas sector and infrastructure development projects requiring specialized piping solutions. The company continues to leverage its technical expertise in hot finished and cold drawn tubes to maintain market competitiveness.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of steel and other raw materials can significantly impact the company's operating margins.
- Cyclicality of Oil and Gas Sector. The company's performance is heavily dependent on capital expenditure cycles within the global oil and gas industry.
- Regulatory and Environmental Risks. Changes in environmental regulations regarding steel manufacturing and power generation could lead to increased compliance costs.
- Competitive Intensity. The seamless pipe market faces intense competition from both domestic and international manufacturers, potentially pressuring pricing power.
Start your research today
Unlock AI insights, financials, peers and live data on Maharashtra Seamless Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹4,620 Cr
TTM · consolidated
NET PROFIT
₹737 Cr
TTM · consolidated
EPS
₹55.02
TTM · consolidated
RETURN ON EQUITY
11.2%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
13.9%
TTM · consolidated
P/E
12.7x
Q1 FY27 · consolidated
EV/EBITDA
8.5x
Q1 FY27 · consolidated
EBITDA MARGIN
23.8%
TTM · consolidated
NET PROFIT MARGIN
24.4%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q1 FY27 · consolidated
Peers · Iron & Steel Products
As of Q1 FY27