Maharashtra Seamless Limited (MAHSEAMLES) AI Stock Analysis

• Market Cap: ₹91.08B
• Dividend Yield: 1.46%
• Average Volume (3M): 16.96K
• Price to Earnings (P/E): 10.4
• Beta (1Y): 1.30
• Revenue Growth: -1.30%
• EPS Growth: 0.51%
• Country: IN
• Employees: 1,691
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Steel
• EPS (TTM): 17.19
• Shares Outstanding: 133,991,650
• 10 Day Avg. Volume: 16,935
• 30 Day Avg. Volume: 16,958
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹755.00
• Price Target Upside: 11.07% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: ₹755.00 ▲(11.07% Upside)

Maharashtra Seamless Limited's overall stock score is driven by its strong financial performance and attractive valuation. However, technical indicators suggest a lack of strong momentum, which tempers the overall score.

Maharashtra Seamless Limited Business Overview & Revenue Model

Company Description

Maharashtra Seamless Limited (MAHSEAMLES) is a leading manufacturer of seamless and ERW (Electric Resistance Welded) steel pipes and tubes in India. The company operates in the steel sector and provides a diverse range of products including seamless pipes, ERW pipes, and coated pipes, catering to industries such as oil and gas, power, infrastructure, and automotive. With a focus on quality and innovation, Maharashtra Seamless Limited serves both domestic and international markets.

How the Company Makes Money

Maharashtra Seamless Limited makes money primarily through the manufacturing and sale of its steel pipes and tubes. Its key revenue streams include the sale of seamless pipes, which are extensively used in the oil and gas industry due to their high-pressure resistance and durability, and ERW pipes, which are used in various industrial applications. The company also generates revenue from the export of its products to international markets, leveraging its reputation for quality and reliability. Additionally, Maharashtra Seamless Limited benefits from strategic partnerships with major oil and gas companies, as well as contracts with infrastructure and construction firms, which provide steady demand for its products. The company's earnings are further supported by its ability to maintain cost efficiency in production and its focus on technological advancements to enhance product offerings.

Maharashtra Seamless Limited Financial Statement Overview

Summary

Maharashtra Seamless Limited demonstrates solid financial health with strong profitability and operational efficiency. The balance sheet is stable with minimal leverage, while cash flows are generally positive, although growth rates have moderated recently.

Income Statement

Maharashtra Seamless Limited shows a solid gross profit margin and consistent net profit margins over the years. However, there is a noticeable decline in revenue and profit growth in the latest period, which affects overall performance. EBIT and EBITDA margins are robust, indicating efficient operations.

Balance Sheet

The company maintains a strong equity base with a high equity ratio, indicating stability, and minimal debt levels, resulting in a very low debt-to-equity ratio. Return on equity is strong, reflecting effective use of equity capital.

Cash Flow

The cash flow statement reveals positive free cash flow and a healthy operating cash flow to net income ratio, though the free cash flow growth has recently slowed. The company has managed its capital expenditures prudently.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	50.66B	52.69B	54.04B	57.13B	42.11B	23.08B
Gross Profit	17.17B	17.28B	20.56B	19.87B	7.21B	5.61B
EBITDA	11.04B	11.15B	13.64B	11.29B	7.23B	3.76B
Net Income	7.53B	7.77B	9.51B	7.65B	6.92B	980.38M
Balance Sheet
Total Assets	0.00	70.33B	65.88B	58.59B	53.88B	53.56B
Cash, Cash Equivalents and Short-Term Investments	16.35B	22.47B	12.27B	6.75B	2.78B	3.48B
Total Debt	0.00	1.00M	400.00K	2.44B	7.09B	9.22B
Total Liabilities	-59.46B	6.93B	8.57B	10.85B	16.91B	20.57B
Stockholders Equity	59.46B	63.40B	57.31B	47.74B	39.84B	32.99B
Cash Flow
Free Cash Flow	0.00	6.59B	10.09B	8.98B	-2.95B	4.27B
Operating Cash Flow	0.00	6.82B	10.41B	9.17B	-2.87B	4.47B
Investing Cash Flow	0.00	-5.60B	-7.22B	-3.82B	5.65B	-1.78B
Financing Cash Flow	0.00	-1.35B	-3.20B	-5.42B	-2.91B	-2.85B

Maharashtra Seamless Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 679.75
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MAHSEAMLES, the sentiment is Positive. The current price of 679.75 is below the 20-day moving average (MA) of 691.38, below the 50-day MA of 703.27, and above the 200-day MA of 675.99, indicating a neutral trend. The MACD of -10.97 indicates Positive momentum. The RSI at 48.27 is Neutral, neither overbought nor oversold. The STOCH value of 40.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MAHSEAMLES.

Maharashtra Seamless Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VSSL	74 Outperform	₹24.44B	23.77		0.79%	6.99%	-12.54%
JINDALSAW	71 Outperform	₹127.26B	7.37		0.98%	-7.04%	-7.16%
MAHSEAMLES	70 Outperform	₹91.08B	10.37		1.46%	-1.30%	0.51%
MANINDS	69 Neutral	₹26.63B	16.89		0.85%	2.59%	26.56%
VENUSPIPES	69 Neutral	₹26.40B	29.15		0.07%	15.31%	-6.70%
RAMRAT	63 Neutral	₹32.02B	46.83		0.72%	19.59%	13.81%
Sector *	44 Neutral	C$923.76M	-8.68	-0.23%	2.69%	24.53%	-41.45%