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Mah. Seamless

  • Market Cap: Mid Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE271B01025
  • NSEID: MAHSEAMLES
  • BSEID: 500265
INR
661.45
29.6 (4.68%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.27 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

1.27 lacs (-40.78%) Volume

Shareholding (Mar 2025)

FII

9.63%

Held by 174 FIIs

DII

3.96%

Held by 9 DIIs

Promoter

68.86%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate 6.45% of over the last 5 years

 
2

The company has declared Negative results for the last 3 consecutive quarters

3

Stock is technically in a Mildly Bearish range

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 8,863 Cr (Mid Cap)

stock-summary
P/E

11.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

1.58%

stock-summary
Debt Equity

-0.27

stock-summary
Return on Equity

14.19%

stock-summary
Price to Book

1.42

Revenue and Profits (1 Year):
Net Sales:
1,408 Cr
(Quarterly Results - Dec 2024)
Net Profit:
186 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.58%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
6.88%
0%
6.88%
1 Year
-26.27%
1.14%
-25.13%
2 Years
73.72%
3.58%
77.3%
3 Years
117.87%
7.28%
125.15%
4 Years
370.36%
15.78%
386.14%
5 Years
577.02%
27.33%
604.35%

Latest dividend: 10 per share ex-dividend date: Aug-14-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
10.90%
EBIT Growth (5y)
6.45%
EBIT to Interest (avg)
82.85
Debt to EBITDA (avg)
1.46
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.84
Tax Ratio
23.99%
Dividend Payout Ratio
14.09%
Pledged Shares
0
Institutional Holding
13.59%
ROCE (avg)
15.29%
ROE (avg)
13.70%
Valuation key factors
Factor
Value
P/E Ratio
11
Industry P/E
29
Price to Book Value
1.42
EV to EBIT
8.43
EV to EBITDA
7.51
EV to Capital Employed
1.58
EV to Sales
1.35
PEG Ratio
NA
Dividend Yield
1.58%
ROCE (Latest)
20.89%
ROE (Latest)
14.19%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Bullish
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 18 Schemes (3.06%)

FIIs

Held by 174 FIIs (9.63%)

Promoter with highest holding

Stable Trading Co Limited (17.71%)

Highest Public shareholder

Quant Mutual Fund - Quant Active Fund (2%)

Individual Investors Holdings

11.95%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -1.61% vs 6.92% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -32.57% vs 72.93% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,408.11",
          "val2": "1,431.13",
          "chgp": "-1.61%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "279.59",
          "val2": "369.99",
          "chgp": "-24.43%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.52",
          "val2": "0.69",
          "chgp": "-24.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "186.07",
          "val2": "275.95",
          "chgp": "-32.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "19.86%",
          "val2": "25.85%",
          "chgp": "-5.99%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -11.43% vs 0.35% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -15.97% vs 38.56% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,442.79",
          "val2": "2,758.09",
          "chgp": "-11.43%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "355.50",
          "val2": "576.31",
          "chgp": "-38.31%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.74",
          "val2": "7.32",
          "chgp": "-76.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "384.00",
          "val2": "457.00",
          "chgp": "-15.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.55%",
          "val2": "20.90%",
          "chgp": "-6.35%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -8.08% vs 2.50% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -22.22% vs 49.77% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,850.90",
          "val2": "4,189.22",
          "chgp": "-8.08%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "635.09",
          "val2": "946.30",
          "chgp": "-32.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.26",
          "val2": "8.01",
          "chgp": "-71.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "570.07",
          "val2": "732.95",
          "chgp": "-22.22%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.49%",
          "val2": "22.59%",
          "chgp": "-6.10%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -5.46% vs 36.09% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 24.40% vs 101.14% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "5,404.12",
          "val2": "5,716.37",
          "chgp": "-5.46%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,221.41",
          "val2": "1,040.27",
          "chgp": "17.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "8.47",
          "val2": "38.32",
          "chgp": "-77.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "951.32",
          "val2": "764.75",
          "chgp": "24.40%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "22.60%",
          "val2": "18.21%",
          "chgp": "4.39%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,408.11
1,431.13
-1.61%
Operating Profit (PBDIT) excl Other Income
279.59
369.99
-24.43%
Interest
0.52
0.69
-24.64%
Exceptional Items
0.00
0.00
Consolidate Net Profit
186.07
275.95
-32.57%
Operating Profit Margin (Excl OI)
19.86%
25.85%
-5.99%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -1.61% vs 6.92% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -32.57% vs 72.93% in Dec 2023

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
2,442.79
2,758.09
-11.43%
Operating Profit (PBDIT) excl Other Income
355.50
576.31
-38.31%
Interest
1.74
7.32
-76.23%
Exceptional Items
0.00
0.00
Consolidate Net Profit
384.00
457.00
-15.97%
Operating Profit Margin (Excl OI)
14.55%
20.90%
-6.35%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -11.43% vs 0.35% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -15.97% vs 38.56% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
3,850.90
4,189.22
-8.08%
Operating Profit (PBDIT) excl Other Income
635.09
946.30
-32.89%
Interest
2.26
8.01
-71.79%
Exceptional Items
0.00
0.00
Consolidate Net Profit
570.07
732.95
-22.22%
Operating Profit Margin (Excl OI)
16.49%
22.59%
-6.10%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -8.08% vs 2.50% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -22.22% vs 49.77% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
5,404.12
5,716.37
-5.46%
Operating Profit (PBDIT) excl Other Income
1,221.41
1,040.27
17.41%
Interest
8.47
38.32
-77.90%
Exceptional Items
0.00
0.00
Consolidate Net Profit
951.32
764.75
24.40%
Operating Profit Margin (Excl OI)
22.60%
18.21%
4.39%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -5.46% vs 36.09% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 24.40% vs 101.14% in Mar 2023

stock-summaryCompany CV
About Maharashtra Seamless Ltd stock-summary
stock-summary
Maharashtra Seamless Ltd
Mid Cap
Steel/Sponge Iron/Pig Iron
Maharashtra Seamless Limited (MSL), incorporated on 10th May 1988, is the flagship company of the well-diversified DP Jindal Group. The Company manufacture seamless pipes & tubes with the finest quality and wide product range using the world renowned CPE technology. MSL made a foray in the ERW pipe category in the year 2000. The Company has also diversified into renewable power generation and rig operations.
Company Coordinates stock-summary
Company Details
Pipe Nagar Village Sukeli, NH 17 B K G Road Roha Taluk Raigad Maharashtra : 402126
stock-summary
Tel: 91-2194-238511
stock-summary
secretarial@mahaseam.com
Registrar Details
Alankit Assignments Ltd , Alankit House , 2 E/21, Jhandewala Extension, New Delhi