Maharashtra Seamless Ltd
MAHSEAMLESMaharashtra Seamless Ltd
MAHSEAMLES
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
AvgCan be considered moderately valued vs the market
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 10.34 | 1.58 | 1.48% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.32 | 7.35 | 0.45% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Maharashtra Seamless Limited is engaged in the manufacturing of steel pipes and tubes.
Peers
Compare with peersAstral Ltd
APL Apollo Tubes Ltd
Ratnamani Metals and Tubes Ltd
Jindal SAW Ltd
Finolex Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,075.88 | 1,510.52 | 2,249.19 | 3,145.15 | 2,694.79 | 2,395.74 | 4,321.65 | 5,808.61 | 5,546.30 | 5,505.74 | ||||||||||
Raw Materials | 700.22 | 912.84 | 1,458.19 | 2,020.20 | 1,623.73 | 1,463.98 | 3,029.84 | 3,728.50 | 3,249.74 | 4,249.63 | ||||||||||
| Power & Fuel Cost | 94.10 | 109.36 | 170.03 | 214.01 | 193.03 | 157.30 | 257.87 | 343.45 | 329.89 | |||||||||||
| Employee Cost | 46.71 | 52.73 | 63.16 | 71.33 | 75.52 | 72.34 | 81.81 | 96.38 | 109.33 | |||||||||||
| Selling & Administrative Expenses | 32.01 | 34.79 | 42.60 | 59.49 | 59.85 | 74.56 | 129.32 | 215.91 | 161.75 | |||||||||||
| Operating & Other expenses | 107.19 | 99.61 | 105.20 | 228.61 | 430.07 | 277.79 | 128.89 | 324.67 | 354.59 | |||||||||||
EBITDA | 95.65 | 301.19 | 410.01 | 551.51 | 312.59 | 349.77 | 693.92 | 1,099.70 | 1,341.00 | 1,256.11 | ||||||||||
| Depreciation/Amortization | 71.11 | 70.96 | 76.23 | 79.62 | 87.91 | 121.46 | 137.85 | 137.72 | 109.72 | 100.31 | ||||||||||
| PBIT | 24.54 | 230.23 | 333.78 | 471.89 | 224.68 | 228.31 | 556.07 | 961.98 | 1,231.28 | 1,155.80 | ||||||||||
| Interest & Other Items | 26.03 | 33.91 | 41.71 | 38.87 | 63.92 | 55.74 | 44.89 | 38.32 | 8.47 | 2.80 | ||||||||||
| PBT | -1.49 | 196.32 | 292.07 | 433.02 | 160.76 | 172.57 | 511.18 | 923.66 | 1,222.81 | 1,153.00 | ||||||||||
| Taxes & Other Items | 22.81 | 72.97 | 81.34 | 198.82 | 76.89 | 74.53 | -180.54 | 158.91 | 271.51 | 278.96 | ||||||||||
| Net Income | -24.30 | 123.35 | 210.73 | 234.20 | 83.87 | 98.04 | 691.72 | 764.75 | 951.30 | 874.04 | ||||||||||
| EPS | -1.81 | 9.21 | 15.73 | 17.48 | 6.26 | 7.32 | 51.62 | 57.07 | 70.99 | 65.23 | ||||||||||
| DPS | 1.25 | 2.50 | 3.00 | 3.00 | 1.25 | 1.75 | 2.50 | 5.00 | 10.00 | 5.00 | ||||||||||
| Payout ratio | — | 0.27 | 0.19 | 0.17 | 0.20 | 0.24 | 0.05 | 0.09 | 0.14 | 0.08 |
Company Updates
Peers & Comparison
IndustrialsBuilding Products - Pipes
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Maharashtra Seamless Ltd | 9.50 | 1.58 | 1.48% |
| Astral Ltd | 94.98 | 15.87 | 0.19% |
| APL Apollo Tubes Ltd | 56.96 | 13.88 | 0.37% |
| Ratnamani Metals and Tubes Ltd | 41.03 | 7.95 | 0.38% |
Price Comparison
Compare MAHSEAMLES with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.85%
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 2.74%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.65%
Top 5 Mutual Funds holding Maharashtra Seamless Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
HSBC Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.4589% | Percentage of the fund’s portfolio invested in the stock 0.80% | Change in the portfolio weight of the stock over the last 3 months -0.81% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 35/109 (-22) |
Quant Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.8756% | Percentage of the fund’s portfolio invested in the stock 0.34% | Change in the portfolio weight of the stock over the last 3 months 0.34% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 8/119 (+6) |
Quant Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.5605% | Percentage of the fund’s portfolio invested in the stock 0.68% | Change in the portfolio weight of the stock over the last 3 months 0.68% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 61/65 (+1) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
Increasing Dividends
MAHSEAMLES has increased dividends consistently over the last 5 years
Dividend Yield
Current dividend yield is 1.48%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹14.83 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 14, 2024
Dividend/Share
₹10.00
Ex DateEx Date
Aug 14, 2024
Cash Dividend
Ex DateEx DateAug 14, 2023
Dividend/Share
₹5.00
Ex DateEx Date
Aug 14, 2023
Cash Dividend
Ex DateEx DateSep 7, 2022
Dividend/Share
₹5.00
Ex DateEx Date
Sep 7, 2022
Cash Dividend
Ex DateEx DateSep 14, 2021
Dividend/Share
₹3.50
Ex DateEx Date
Sep 14, 2021
Cash Dividend
Ex DateEx DateSep 14, 2020
Dividend/Share
₹2.50
Ex DateEx Date
Sep 14, 2020
Board of Maharashtra Seamless recommends appointment of directors
Maharashtra Seamless has fixed 14 August 2024 as record date for for the purpose of determining the members eligible to receive dividend for the financial year 2023-24. Powered by Capital Market - Live
The Board of Maharashtra Seamless at its meeting held on 29 July 2024 has recommended the appointment of Kamal Kishore Bhartia and Mohan Gupta as Independent Directors of the Company for five years from 26th September, 2024, subject to approval of members. Powered by Capital Market - Live
Maharashtra Seamless consolidated net profit declines 37.41% in the June 2024 quarter
Net profit of Maharashtra Seamless declined 37.41% to Rs 129.27 crore in the quarter ended June 2024 as against Rs 206.55 crore during the previous quarter ended June 2023. Sales declined 5.88% to Rs 1150.98 crore in the quarter ended June 2024 as against Rs 1222.94 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales1150.981222.94 -6 OPM %10.3319.23 - PBDT182.78262.02 -30 PBT157.77227.60 -31 NP129.27206.55 -37 Powered by Capital Market - Live
Maharashtra Seamless will hold a meeting of the Board of Directors of the Company on 29 July 2024.Powered by Capital Market - Live
Maharashtra Seamless writes to Steel Ministry claiming unfair rejection of casing pipe tender for Cauvery basin drilling
Maharashtra Seamless Shares Jump 5% After Loan Prepayment
Stocks In Focus | Maharashtra Seamless, Titagarh Wagons, TVS Motor, Coforge & More | BQ Prime
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 12.01%, vs industry avg of 14.05%
Decreasing Market Share
Over the last 5 years, market share decreased from 6.33% to 6.01%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 32.36%, vs industry avg of 21.69%