Maharashtra Seamless Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 11x vs industry 52.7x)
- ✓Virtually debt-free
- ✓Regular dividends — yield 1.7%
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,568 | ₹3.0L Cr | 33 | 7.44 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹407 | ₹3.0L Cr | 49.4 | 12.41 | 27.6 | 36.5 | 0 |
| ABB ABB India Limited | ₹7,530 | ₹1.6L Cr | 104 | 20.35 | 22.4 | 29.9 | 0.01 |
| TMCV Tata Motors Limited | ₹412 +0.59% | ₹1.5L Cr | 38.6 | 10.71 | 34 | 35.9 | 0.44 |
| CUMMINSIND Cummins India Limited | ₹5,590 | ₹1.5L Cr | 62.3 | 18.27 | 30.2 | 39.5 | 0 |
| BHEL Bharat Heavy Electricals Limited | ₹417 | ₹1.5L Cr | 60.4 | 5.55 | 6.23 | 9.14 | 0.45 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹912 | ₹1.4L Cr | 118 | 18.02 | 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
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 news →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
Bank of Maharashtra reports Q1FY26 financial results.
*Bank of Maharashtra reports Q1FY26 financial results.* The bank has submitted its financial performance for the quarter ended June 30, 2026, to the exchange. Results include key metrics like **net profit**, **NPA levels**, and **interest income**. Traders to assess performance versus consensus estimates. 📊 *STOCKS:* MAHABANK | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Earnings
Tata Teleservices sees spurt in trading volume
*Tata Teleservices sees spurt in trading volume* — A significant rise in trading volume has been observed in TTML shares. The NSE has sought clarification from the company to safeguard investor interests. **No official news or filing** has been disclosed yet. 📊 *STOCKS:* $TTML | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #VolumeSurge
Maha Rashtra Apex Corp announces board meeting outcomes.
*Maha Rashtra Apex Corp announces board meeting outcomes.* The company disclosed outcomes from its recent board meeting held on June 8, 2026. Key decisions included **approval of inter-corporate investments** and **proposal for dividend declaration**. No major strategic shifts or financial surprises were reported. 📊 *STOCKS:* MRAPEX | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #board-meeting
CBI raids in ₹134 crore bank loan fraud case
*CBI conducts searches in Maharashtra and Kerala linked to a **₹134 crore** bank loan fraud.* Five company directors are under investigation for alleged defrauding of public sector banks. The case could trigger tighter scrutiny on corporate borrowers and NBFC lending practices. Authorities have not yet named specific firms involved. 📊 *STOCKS:* | 🏢 *SECTOR:* Risk | #HIGHIMPACT #Fraud
Q1 earnings from Indian Bank, BoM, Just Dial today
*Q1 earnings from Indian Bank, BoM, Just Dial today* report results that may influence sector sentiment. Key metrics like **NII**, **NPA**, and **profit growth** will be closely watched. Traders should monitor guidance and asset quality trends. Midcap banks and IT firms in focus. 📊 *STOCKS:* INDIANB | BOM | JUSTDIAL | 🏢 *SECTOR:* Banking | #HIGHIMPACT #Earnings
NCLT admits CIRP plea against DNR India Autotech over ₹17.98 cr default
*NCLT Mumbai admits Bank of Maharashtra's CIRP plea against DNR India Autotech.* The company defaulted on **₹17.98 crore**, triggering insolvency proceedings. This could lead to asset resolution or restructuring under IBC. Creditors and investors should monitor developments closely. 📊 *STOCKS:* DNRI | 🏢 *SECTOR:* Auto | #HIGHIMPACT #CIRP
Bank of Maharashtra posts 27% loan growth in Q1
*Bank of Maharashtra posts 27% loan growth in Q1* with total business reaching **₹6.51 lakh crore**. The strong credit expansion signals improved demand and asset quality. Net interest margin and profitability also showed positive traction amid rising advances. 📊 *STOCKS:* BOM | 🏢 *SECTOR:* Banking | #HIGHIMPACT #LoanGrowth
Bank of Maharashtra shares in focus after investor meet update
*Bank of Maharashtra shares in focus after investor meet update*. The bank shared presentation updates with the exchange following an analyst and institutional investor meet. Key insights on asset quality, credit growth, and **NIM of 2.8%** were highlighted. **GNPA improved to 3.7%** from 4.1% YoY. Focus remains on digital lending and cost optimisation. 📊 *STOCKS:* MAHABANK | 🏢 *SECTOR:* Banking | #MEDIUMIMPACT #Banking
GK Energy wins ₹235.92 cr solar pump order in Maharashtra
*GK Energy wins ₹235.92 cr solar pump order in Maharashtra* — GK Energy Limited has secured a **₹235.92 crore** order to deploy **10,000 solar-powered water pumping systems** across Maharashtra. The project will boost rural irrigation and drinking water access while expanding the company’s footprint in the renewable energy space. Execution is expected over the next 18–24 months. 📊 *STOCKS:* GKENERGY | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #OrderWin
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 ▼8.1% | ₹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 | ₹668 Cr ▼26.4% | ₹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 | ₹385 Cr ▲96.4% | ₹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 ▼2.5% | ₹1.9K Cr ▼4.4% | ₹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 ▼8.4% | ₹2.3K Cr ▼10.7% | ₹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