Maharashtra Seamless Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 9.7x vs industry 47.1x)
- Virtually debt-free
- Regular dividends — yield 1.9%
- Near 52-week low — potential value zone (₹500)
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,850 | ₹3.2L Cr | 33.9 | 7.9 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹363 | ₹2.6L Cr | 43 | 11.08 | 27.4 | 36.4 | 0 |
| TMCV Tata Motors Limited | ₹— | ₹1.5L Cr | 20.4 | 10.71 | 34 | 35.9 | 0.44 |
| BHEL Bharat Heavy Electricals Limited | ₹405 | ₹1.3L Cr | 46.9 | 5.28 | 6.23 | 9.14 | 0.22 |
| ABB ABB India Limited | ₹6,490 | ₹1.3L Cr | 84.4 | 14.72 | 22.4 | 29.9 | 0.02 |
| ENRIN Siemens Energy India Limited | ₹2,840 | ₹1.3L Cr | 98.46 | 26.82 | — | — | 0.04 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹832 | ₹1.3L Cr | 91.7 | 15 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MAHSEAMLES · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 67.86% | 68.00% | 68.00% | 68.04% | 68.06% | 68.85% |
| FII | 10.50% | 11.96% | 9.23% | 7.97% | 9.12% | 9.63% |
| DII | 4.19% | 3.81% | 5.26% | 4.34% | 3.85% | 3.97% |
| Public | 17.44% | 16.22% | 17.49% | 19.65% | 18.96% | 17.54% |
Corporate Events
Dividend - Rs 10 Per Share
To consider and approve the financial results for the period ended Jun 30, 2026
To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
Dividend - Rs 10 Per Sh
Dividend - Rs 10 Per Share
Dividend - Rs 5 Per Share
Latest News
All newsBank of Maharashtra reports Q2 FY27 results.
*Bank of Maharashtra reports Q2 FY27 results.* The bank announced its financial performance for the quarter ended September 30, 2026. Results include key metrics like net profit, NPA levels, and loan growth. Traders should assess performance against analyst expectations. 📊 *STOCKS:* $BOM | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Earnings
Tata Teleservices appoints new senior management
*Tata Teleservices appoints new senior management* — Tata Teleservices (Maharashtra) Limited has appointed Mr. Sai Pratyush and Mr. Vaibhav Ambradkar as Senior Management Personnel. The move signals internal restructuring within the telecom arm of the Tata Group. No immediate financial impact is expected. 📊 *STOCKS:* $TTML | 🏢 *SECTOR:* Telecom | #LOWIMPACT #ManagementChange
Tata Teleservices (Maharashtra) holds board meeting on October 22, 2026
*Tata Teleservices (Maharashtra) holds board meeting on October 22, 2026.* The company announced the outcome of its board meeting held on that date. No **major financial figures** or strategic decisions were disclosed in the filing. The update appears to be a routine corporate disclosure. 📊 *STOCKS:* $TTML | 🏢 *SECTOR:* Telecom | #LOWIMPACT #BoardMeeting
Bajaj Nivesh reports Q2 and H1 FY27 results
*Bajaj Nivesh reports Q2 and H1 FY27 results*. Bajaj Nivesh Limited, formerly Maharashtra Scooters, released its unaudited financial results for the quarter and half year ended **30 September 2026**. The filing marks a routine disclosure with no immediate **profit** or **loss** details provided. Traders may await further commentary on performance. 📊 *STOCKS:* $BAJAJNIVESH | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Earnings
Shyam Metalics to invest ₹50,000Cr in Maharashtra steel plant
*Shyam Metalics to invest ₹50,000Cr in Maharashtra steel plant* – The company has signed an MoU with the Maharashtra government to set up an integrated steel complex in Chandrapur. This marks one of the largest private industrial investments in the region. The project is expected to significantly expand the company’s steel production capacity and create thousands of jobs. 📊 *STOCKS:* $SHYAMMETL | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Capex
Bank of Maharashtra sees change in senior management
*Bank of Maharashtra sees change in senior management*. Bank of Maharashtra has announced a change in its senior management, as disclosed in a regulatory filing. The reshuffle could influence strategic direction and operational momentum. No financial impact or governance issues were cited. 📊 *STOCKS:* $BOM | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #ManagementChange
Tata Teleservices sees spurt in trading volume
*Tata Teleservices sees spurt in trading volume.* Exchange flags unusual volume surge in TTML shares, prompting inquiry for latest disclosures. No material event cited yet; likely speculative trade. Investors advised to stay cautious amid thin public float and volatility. 📊 *STOCKS:* $TTML | 🏢 *SECTOR:* Telecom | #LOWIMPACT #VolumeAlert
SEBI initiates inspection at Everest Industries
*SEBI initiates inspection at Everest Industries* following a search at its corporate office and Maharashtra unit on **August 20, 2026**, under **Section 67** of the SEBI Act. The move raises concerns over potential regulatory scrutiny or compliance issues. No further details on findings or charges have been disclosed yet. 📊 *STOCKS:* $EVERESTIND | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #SEBI
Maha Rashtra Apex reports Jun 2026 quarter results
*Maha Rashtra Apex reports Jun 2026 quarter results* revealed financial performance for the first quarter of FY27. The company submitted its unaudited results to the exchange, showing net profit of **₹12.5 crore** versus **₹9.8 crore** in the year-ago period. Revenue stood at **₹412 crore**, up from **₹378 crore** last year. 📊 *STOCKS:* $MRAPEX | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #Earnings
Bank of Maharashtra announces Q1FY26 financial results
*Bank of Maharashtra announces Q1FY26 financial results*. Bank of Maharashtra released its financial results for the quarter ended June 30, 2026. The earnings report may reveal key performance metrics including **net profit**, **NPA levels**, and **loan growth**, crucial for investor sentiment. Traders should assess guidance and asset quality trends for F&O positioning. 📊 *STOCKS:* MAHABANK | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.1K Cr 6.0% | ₹1.2K Cr 1.2% | ₹1.1K Cr 19.3% | ₹1.4K Cr 0.7% | ₹1.4K Cr 9.0% | ₹1.3K Cr 12.3% | ₹1.2K Cr 5.3% | ₹1.2K Cr |
| Op. Profit | ₹149 Cr 25.2% | ₹119 Cr 27.9% | ₹165 Cr 42.1% | ₹285 Cr 3.3% | ₹276 Cr 21.6% | ₹227 Cr 90.8% | ₹119 Cr 55.9% | ₹270 Cr |
| OPM | 14.0% 40.0% | 10.0% 28.6% | 14.0% 30.0% | 20.0% 0.0% | 20.0% 11.1% | 18.0% 80.0% | 10.0% 54.5% | 22.0% |
| Net Profit | ₹243 Cr 94.4% | ₹125 Cr 45.7% | ₹230 Cr 5.0% | ₹242 Cr 30.1% | ₹186 Cr 15.5% | ₹220 Cr 70.5% | ₹129 Cr 40.8% | ₹218 Cr |
| EPS (₹) | 18.13 93.9% | 9.35 45.6% | 17.19 4.8% | 18.06 30.0% | 13.89 15.4% | 16.42 70.2% | 9.65 40.8% | 16.3 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.7K Cr 11.3% | ₹5.3K Cr 2.5% | ₹5.4K Cr 5.5% | ₹5.7K Cr 35.7% | ₹4.2K Cr 82.5% | ₹2.3K Cr 12.7% | ₹2.6K Cr 13.3% | ₹3.1K Cr 42.0% | ₹2.1K Cr 49.9% | ₹1.4K Cr |
| Expenses | ₹4.0K Cr 8.2% | ₹4.4K Cr 3.7% | ₹4.2K Cr 10.6% | ₹4.7K Cr 29.7% | ₹3.6K Cr 94.3% | ₹1.9K Cr 12.6% | ₹2.1K Cr 10.4% | ₹2.4K Cr 29.6% | ₹1.8K Cr 52.1% | ₹1.2K Cr |
| Op. Profit | ₹669 Cr 26.3% | ₹908 Cr 24.3% | ₹1.2K Cr 18.6% | ₹1.0K Cr 73.4% | ₹583 Cr 32.2% | ₹441 Cr 13.4% | ₹509 Cr 23.9% | ₹669 Cr 115.1% | ₹311 Cr 38.2% | ₹225 Cr |
| OPM | 14.0% 17.6% | 17.0% 22.7% | 22.0% 22.2% | 18.0% 28.6% | 14.0% 26.3% | 19.0% 0.0% | 19.0% 13.6% | 22.0% 57.1% | 14.0% 12.5% | 16.0% |
| Other Income | ₹383 Cr 95.4% | ₹196 Cr 38.0% | ₹142 Cr 61.4% | ₹88 Cr 20.7% | ₹111 Cr 222.0% | ₹-91 Cr 53.8% | ₹-197 Cr 68.4% | ₹-117 Cr 218.2% | ₹99 Cr 30.3% | ₹76 Cr |
| Interest | ₹3 Cr 0.0% | ₹3 Cr 62.5% | ₹8 Cr 78.9% | ₹38 Cr 15.6% | ₹45 Cr 19.6% | ₹56 Cr 12.5% | ₹64 Cr 64.1% | ₹39 Cr 7.1% | ₹42 Cr 23.5% | ₹34 Cr |
| Depreciation | ₹110 Cr 8.9% | ₹101 Cr 8.2% | ₹110 Cr 20.3% | ₹138 Cr 0.0% | ₹138 Cr 14.0% | ₹121 Cr 37.5% | ₹88 Cr 10.0% | ₹80 Cr 5.3% | ₹76 Cr 7.0% | ₹71 Cr |
| PBT | ₹939 Cr 6.1% | ₹1.0K Cr 18.2% | ₹1.2K Cr 32.4% | ₹924 Cr 80.8% | ₹511 Cr 195.4% | ₹173 Cr 7.5% | ₹161 Cr 62.8% | ₹433 Cr 48.3% | ₹292 Cr 49.0% | ₹196 Cr |
| Tax % | 25.0% 13.6% | 22.0% 0.0% | 22.0% 29.4% | 17.0% 148.6% | -35.0% 216.7% | 30.0% 3.4% | 29.0% 45.3% | 53.0% 71.0% | 31.0% 24.4% | 41.0% |
| Net Profit | ₹701 Cr 9.8% | ₹777 Cr 18.4% | ₹952 Cr 24.0% | ₹768 Cr 11.0% | ₹692 Cr 471.9% | ₹121 Cr 5.2% | ₹115 Cr 43.1% | ₹202 Cr 1.0% | ₹200 Cr 72.4% | ₹116 Cr |
| EPS (₹) | 52.34 9.8% | 58.03 18.3% | 71 24.4% | 57.07 10.6% | 51.62 605.2% | 7.32 16.9% | 6.26 64.2% | 17.48 11.1% | 15.73 70.8% | 9.21 |
| Div Payout | 19.0% 11.8% | 17.0% 21.4% | 14.0% 55.6% | 9.0% 80.0% | 5.0% 79.2% | 24.0% 20.0% | 20.0% 17.6% | 17.0% 10.5% | 19.0% 29.6% | 27.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹67 Cr 0.0% | ₹67 Cr 0.0% | ₹67 Cr 0.0% | ₹67 Cr 97.1% | ₹34 Cr 0.0% | ₹34 Cr 0.0% | ₹34 Cr 0.0% | ₹34 Cr 0.0% | ₹34 Cr 0.0% | ₹34 Cr |
| Reserves | ₹6.5K Cr 3.6% | ₹6.3K Cr 10.8% | ₹5.7K Cr 20.3% | ₹4.7K Cr 19.1% | ₹4.0K Cr 21.0% | ₹3.3K Cr 3.0% | ₹3.2K Cr 4.4% | ₹3.0K Cr 4.9% | ₹2.9K Cr 9.3% | ₹2.6K Cr |
| Borrowings | ₹10 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹244 Cr 65.6% | ₹709 Cr 23.1% | ₹922 Cr 19.5% | ₹1.1K Cr 8.1% | ₹1.1K Cr 69.2% | ₹626 Cr 11.0% | ₹703 Cr |
| Other Liabilities | ₹748 Cr 7.9% | ₹693 Cr 18.7% | ₹852 Cr 1.3% | ₹841 Cr 21.0% | ₹695 Cr 38.8% | ₹1.1K Cr 27.7% | ₹889 Cr 33.5% | ₹666 Cr 37.9% | ₹483 Cr 2.8% | ₹470 Cr |
| Total Liabilities | ₹7.3K Cr 4.1% | ₹7.0K Cr 6.8% | ₹6.6K Cr 12.4% | ₹5.9K Cr 8.7% | ₹5.4K Cr 0.6% | ₹5.4K Cr 2.2% | ₹5.2K Cr 9.3% | ₹4.8K Cr 18.7% | ₹4.0K Cr 4.7% | ₹3.9K Cr |
Assets | ||||||||||
| Fixed Assets | ₹1.8K Cr 2.4% | ₹1.9K Cr 4.5% | ₹1.9K Cr 3.3% | ₹2.0K Cr 5.6% | ₹2.1K Cr 5.9% | ₹2.3K Cr 4.1% | ₹2.4K Cr 101.5% | ₹1.2K Cr 5.0% | ₹1.2K Cr 12.8% | ₹1.1K Cr |
| CWIP | ₹46 Cr 228.6% | ₹14 Cr 366.7% | ₹3 Cr 78.6% | ₹14 Cr 7.7% | ₹13 Cr 44.4% | ₹9 Cr 69.0% | ₹29 Cr 26.1% | ₹23 Cr 35.3% | ₹17 Cr 85.7% | ₹119 Cr |
| Investments | ₹3.4K Cr 17.0% | ₹2.9K Cr 37.8% | ₹2.1K Cr 78.2% | ₹1.2K Cr 82.2% | ₹646 Cr 39.7% | ₹1.1K Cr 6.4% | ₹1.0K Cr 21.1% | ₹1.3K Cr 12.7% | ₹1.5K Cr 4.4% | ₹1.5K Cr |
| Other Assets | ₹2.1K Cr 8.5% | ₹2.3K Cr 10.6% | ₹2.5K Cr 4.5% | ₹2.7K Cr 2.2% | ₹2.6K Cr 29.1% | ₹2.0K Cr 9.1% | ₹1.8K Cr 20.8% | ₹2.3K Cr 75.1% | ₹1.3K Cr 19.1% | ₹1.1K Cr |
| Total Assets | ₹7.3K Cr 4.1% | ₹7.0K Cr 6.8% | ₹6.6K Cr 12.4% | ₹5.9K Cr 8.7% | ₹5.4K Cr 0.6% | ₹5.4K Cr 2.2% | ₹5.2K Cr 9.3% | ₹4.8K Cr 18.7% | ₹4.0K Cr 4.7% | ₹3.9K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹610 Cr 41.4% | ₹1.0K Cr 14.1% | ₹912 Cr 439.0% | ₹-269 Cr 160.2% | ₹447 Cr 40.2% | ₹748 Cr 508.7% | ₹-183 Cr 296.8% | ₹93 Cr 61.4% | ₹241 Cr 97.5% | ₹122 Cr |
| Investing CF | ₹-486 Cr 32.7% | ₹-722 Cr 87.0% | ₹-386 Cr 168.6% | ₹563 Cr 407.7% | ₹-183 Cr 74.9% | ₹-730 Cr 353.4% | ₹-161 Cr 1338.5% | ₹13 Cr 112.1% | ₹-107 Cr 991.7% | ₹12 Cr |
| Financing CF | ₹-136 Cr 57.5% | ₹-320 Cr 41.0% | ₹-542 Cr 89.5% | ₹-286 Cr 0.4% | ₹-285 Cr 4171.4% | ₹7 Cr 98.2% | ₹387 Cr 507.4% | ₹-95 Cr 28.6% | ₹-133 Cr 5.7% | ₹-141 Cr |
| Net Cash Flow | ₹-13 Cr | ₹0 Cr 100.0% | ₹-17 Cr 312.5% | ₹8 Cr 138.1% | ₹-21 Cr 184.0% | ₹25 Cr 43.2% | ₹44 Cr 340.0% | ₹10 Cr 400.0% | ₹2 Cr 133.3% | ₹-6 Cr |
| Free Cash Flow | ₹586 Cr 41.9% | ₹1.0K Cr 13.0% | ₹893 Cr 422.4% | ₹-277 Cr 164.7% | ₹428 Cr 536.7% | ₹-98 Cr 52.4% | ₹-206 Cr 1960.0% | ₹-10 Cr 109.3% | ₹108 Cr 0.9% | ₹109 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 45d 28.6% | 35d 14.6% | 41d 14.6% | 48d 36.0% | 75d 50.0% | 50d 15.3% | 59d 10.6% | 66d 16.5% | 79d 17.7% | 96d |
| Inventory Days | 148d 15.4% | 175d 18.2% | 148d 18.7% | 182d 28.6% | 255d 48.3% | 172d 14.7% | 150d 13.6% | 132d 31.3% | 192d 22.0% | 246d |
| Days Payable | 17d 46.9% | 32d 10.3% | 29d 52.5% | 61d 68.6% | 194d 50.4% | 129d 143.4% | 53d 55.9% | 34d 38.2% | 55d 15.4% | 65d |
| Cash Conv. Cycle | 176d 1.1% | 178d 11.3% | 160d 5.3% | 169d 25.2% | 135d 45.2% | 93d 40.0% | 155d 6.1% | 165d 23.3% | 215d 22.4% | 277d |
| Working Capital Days | 133d 2.9% | 137d 5.4% | 130d 12.2% | 148d 9.6% | 135d 28.6% | 105d 46.4% | 196d 26.5% | 155d 50.5% | 103d 37.6% | 165d |
| ROCE | 17.0% 26.1% | 23.0% 15.0% | 20.0% 66.7% | 12.0% 33.3% | 9.0% 18.2% | 11.0% 38.9% | 18.0% 100.0% | 9.0% 50.0% | 6.0% | 0.0% |
Source: Screener.in · Lower days = better efficiency