Maharashtra Seamless Ltd

Mah. Seamless Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Maharashtra Seamless Ltd

₹ 650 0.34%
03 Jul 11:52 a.m.
jindal.com BSE: 500265 NSE: MAHSEAMLES
About

Maharashtra Seamless Limited, incorporated in 1988, is engaged in the business of manufacturing of Steel Pipes and Tubes. It is also engaged in power generation. [1]

Key Points

Market Share
The co. has a market share of 55% in the seamless pipes segment and a market share of 18% in the API-certified, high-frequency ERW pipes segment. [1]

Website BSE NSE
  • Market Cap ₹ 8,710 Cr.
  • Current Price ₹ 650
  • High / Low ₹ 1,099 / 444
  • Stock P/E 8.92
  • Book Value ₹ 419
  • Dividend Yield 0.77 %
  • ROCE 23.8 %
  • ROE 18.9 %
  • Face Value ₹ 5.00
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 23.4% CAGR over last 5 years

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Steel Industry: Steel - Medium / Small

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
646 606 811 947 1,419 1,334 1,148 1,337 1,623 1,223 1,535 1,430 1,215
519 488 687 808 1,224 1,103 967 1,092 1,311 979 1,202 1,061 939
Operating Profit 127 118 124 139 195 231 181 245 312 244 333 370 276
OPM % 20% 19% 15% 15% 14% 17% 16% 18% 19% 20% 22% 26% 23%
-176 31 32 22 5 13 20 18 30 33 29 35 44
Interest 10 9 10 11 11 10 10 9 5 7 1 1 0
Depreciation 26 27 26 26 35 34 26 34 34 34 25 25 25
Profit before tax -85 113 120 123 154 199 164 221 304 237 336 378 295
Tax % 2% 9% 23% 26% 26% 27% 25% 24% -2% 9% 24% 26% 24%
-83 103 93 91 114 146 123 168 310 216 256 280 223
EPS in Rs -6.23 7.68 6.92 6.82 8.53 10.93 9.18 12.52 23.13 16.10 19.07 20.92 16.66
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1,722 1,206 1,355 1,015 1,428 2,130 3,040 2,617 2,225 3,975 5,707 5,403
1,551 1,118 1,246 979 1,208 1,824 2,376 2,065 1,777 3,371 4,669 4,180
Operating Profit 171 88 110 36 220 306 664 551 448 603 1,038 1,223
OPM % 10% 7% 8% 4% 15% 14% 22% 21% 20% 15% 18% 23%
70 63 83 95 85 67 -77 -399 -102 90 82 141
Interest 6 3 4 7 10 9 16 48 48 41 36 8
Depreciation 37 37 29 70 69 74 78 79 105 121 136 109
Profit before tax 198 111 160 54 226 290 493 25 193 531 949 1,246
Tax % 22% 13% 23% 42% 36% 32% 47% 181% 27% -34% 16% 22%
153 97 123 31 146 198 262 -21 142 711 793 975
EPS in Rs 10.87 7.07 9.15 2.35 10.86 14.81 19.58 -1.54 10.57 53.09 59.18 72.76
Dividend Payout % 28% 42% 27% 53% 23% 20% 15% -81% 17% 5% 8% 14%
Compounded Sales Growth
10 Years: 16%
5 Years: 12%
3 Years: 34%
TTM: -5%
Compounded Profit Growth
10 Years: 31%
5 Years: 23%
3 Years: 51%
TTM: 23%
Stock Price CAGR
10 Years: 15%
5 Years: 25%
3 Years: 63%
1 Year: 44%
Return on Equity
10 Years: 7%
5 Years: 9%
3 Years: 19%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 35 34 34 34 34 34 34 34 34 34 67 67
Reserves 2,787 2,757 2,769 2,654 2,779 2,938 3,153 3,083 3,210 3,919 4,639 5,547
11 15 1 7 18 15 489 802 718 633 244 -0
272 351 292 452 454 462 656 999 1,176 686 834 852
Total Liabilities 3,105 3,157 3,096 3,147 3,285 3,449 4,332 4,918 5,137 5,271 5,784 6,466
1,254 1,231 1,164 1,110 1,086 1,222 1,162 1,923 1,844 2,129 2,011 1,945
CWIP 52 18 33 31 118 17 23 29 9 13 14 3
Investments 697 698 620 662 836 719 759 796 882 548 1,121 1,993
1,101 1,211 1,278 1,343 1,245 1,490 2,388 2,170 2,402 2,581 2,638 2,524
Total Assets 3,105 3,157 3,096 3,147 3,285 3,449 4,332 4,918 5,137 5,271 5,784 6,466

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
286 73 -49 19 174 87 -183 749 501 -272 908 1,048
-218 38 120 19 -151 -34 -181 -1,027 -307 435 -466 -722
-80 -89 -84 -41 -20 -49 415 221 -146 -147 -457 -320
Net Cash Flow -12 21 -14 -3 3 4 51 -57 47 16 -16 6

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 68 102 80 95 79 68 59 51 76 52 41 35
Inventory Days 155 186 189 246 192 133 149 163 233 193 147 175
Days Payable 12 62 25 65 55 34 53 130 197 64 29 32
Cash Conversion Cycle 212 226 243 276 216 166 156 84 112 180 159 178
Working Capital Days 181 259 281 399 257 216 232 181 147 175 135 211
ROCE % 6% 3% 4% 2% 9% 10% 20% 14% 11% 13% 21%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
63.73% 63.82% 64.90% 67.00% 67.08% 67.26% 67.64% 67.80% 67.80% 67.86% 67.86% 68.00%
0.91% 1.05% 1.00% 1.15% 1.28% 2.67% 3.08% 2.84% 5.96% 7.98% 10.50% 11.96%
5.12% 4.37% 3.14% 3.41% 3.69% 4.00% 3.76% 3.92% 4.18% 4.26% 4.19% 3.81%
30.23% 30.76% 30.96% 28.44% 27.95% 26.08% 25.52% 25.43% 22.05% 19.89% 17.44% 16.22%
No. of Shareholders 30,13429,47228,76027,64030,97536,51349,03347,26150,77154,87961,98969,663

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls