Maharashtra Seamless balance sheet

As of Mar 2026

Total assets: ₹7,739cr+10.0% on Mar 2025
Shareholders' equity: ₹6,876cr+8.5% on Mar 2025
Total debt: ₹13.4cr+13,260.0% on Mar 2025
Cash and investments: ₹3,677cr+63.8% on Mar 2025

₹ crore except per share

Tap a line for its trend	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Current assets
Non-current assets					FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	1,862	1,862	1,948	2,014
	72.3	14.0	2.7	14.3
	0.0	1.3	1.3	1.2
	0.0	0.0	0.1	0.1
	0.8	0.0	—	0.0
	221	690	998	601
	1.2	1.2	1.2	1.4
	10.0	9.5	10.4	7.4
	232	701	1,009	610
	14.0	20.5	12.3	11.3
	2,181	2,598	2,974	2,651
	1,139	1,342	1,576	1,506
	3,600	2,203	1,100	576
	565	653	519	642
	76.7	41.8	54.5	54.4
	2.5	2.1	1.8	1.8
	0.0	0.0	0.0	77.5
	17.7	37.9	98.5	59.2
	4,262	2,938	1,774	1,412
	99.8	72.7	131	152
	5,558	4,435	3,614	3,208
	7,739	7,033	6,589	5,859
Equity
	67.0	67.0	67.0	67.0
	6,809	6,273	5,664	4,707
	6,876	6,340	5,731	4,774
	6,876	6,340	5,731	4,774
Liabilities
	8.7	0.1	0.0	162
	2.5	3.3	3.0	2.5
	16.5	8.7	8.2	164
	0.3	0.2	0.1	0.1
	407	362	60.2	307
	46.7	50.9	358	64.9
	470	422	427	536
	4.7	0.0	0.0	82.4
	251	152	293	302
	2.4	2.1	1.8	2.7
	258	155	294	387
	62.9	58.1	73.6	94.2
	71.0	58.6	62.9	67.7
	392	271	431	549
	863	693	858	1,085
	7,739	7,033	6,589	5,859
Assets — additional as-filed lines
	57.8	82.5	133	138
Liabilities — additional as-filed lines
	5.3	5.3	5.3	0.0
Trade payables — MSME split
	7.3	5.0	—	—
	0.0	5.3	—	—
	244	147	—	—
	5.3	0.0	—	—

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

MAHSEAMLES₹540.15

Maharashtra Seamless Ltd.

· Capital Goods & Defence

₹ CrorePeersJINDALSAW RATNAMANI LLOYDSENGG MIDHANI KSB KRN MTARTECH KIRLPNUMcap ₹7,238 Cr

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In ₹ Crore except Per Share As of	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Non-current Assets
+ Property, Plant & Equipment	2,014.3	1,948.4	1,862.3	1,861.8	1,861.8
+ Capital Work-in-Progress	14.3	2.7	14.0	72.3	72.3
+ Goodwill	1.2	1.3	1.3	0.0	0.0
+ Other Intangibles	0.1	0.1	0.0	0.0	0.0
+ Intangibles under Development	0.0	—	0.0	0.8	0.8
+ Non-current Investments	601.1	997.8	689.8	221.1	221.1
+ Long-term Loans	1.4	1.2	1.2	1.2	1.2
+ Other Non-current Financial Assets	7.4	10.4	9.5	10.0	10.0
Non-current Financial Assets	610.0	1,009.4	700.5	232.3	232.3
+ Other Non-current Assets	11.3	12.3	20.5	14.0	14.0
Total Non-current Assets	2,651.2	2,974.2	2,598.5	2,181.2	2,181.2
Current Assets
+ Inventories	1,505.8	1,576.1	1,341.7	1,138.7	1,138.7
+ Current Investments	576.3	1,100.3	2,202.6	3,600.0	3,600.0
+ Trade Receivables	642.5	519.0	653.5	564.7	564.7
+ Cash & Cash Equivalents	54.4	54.5	41.8	76.7	76.7
+ Other Bank Balances	1.8	1.8	2.1	2.5	2.5
+ Short-term Loans	77.5	0.0	0.0	0.0	0.0
+ Other Current Financial Assets	59.2	98.5	37.9	17.7	17.7
Current Financial Assets	1,411.6	1,774.0	2,938.0	4,261.5	4,261.5
+ Other Current Assets	152.3	130.9	72.7	99.8	99.8
Total Current Assets	3,207.5	3,614.4	4,434.8	5,557.8	5,557.8
Total Assets	5,858.8	6,588.5	7,033.3	7,739.0	7,739.0
Equity
+ Equity Share Capital	67.0	67.0	67.0	67.0	67.0
+ Other Equity / Reserves	4,707.0	5,663.7	6,272.9	6,809.5	6,809.5
Equity — Owners of Parent	4,774.0	5,730.7	6,339.9	6,876.5	6,876.5
Total Equity	4,774.0	5,730.7	6,339.9	6,876.5	6,876.5
Liabilities
+ Borrowings — Non-current	161.8	0.0	0.1	8.7	8.7
+ Other Non-current Financial Liab	2.5	3.0	3.3	2.5	2.5
Non-current Financial Liabilities	164.3	8.2	8.7	16.5	16.5
+ Provisions — Non-current	0.1	0.1	0.2	0.3	0.3
+ Deferred Tax Liabilities	306.9	60.2	362.2	406.9	406.9
+ Other Non-current Liabilities	64.9	358.5	50.9	46.7	46.7
Non-current Liabilities	536.2	427.1	422.0	470.3	470.3
+ Borrowings — Current	82.4	0.0	0.0	4.7	4.7
+ Trade Payables	301.5	292.5	152.5	251.3	251.3
+ Other Current Financial Liab	2.7	1.8	2.1	2.4	2.4
Current Financial Liabilities	386.6	294.3	154.6	258.4	258.4
+ Provisions — Current	94.2	73.6	58.1	62.9	62.9
+ Other Current Liabilities	67.7	62.9	58.6	71.0	71.0
Current Liabilities	548.6	430.7	271.3	392.3	392.3
Total Liabilities	1,084.8	857.8	693.4	862.6	862.6
Total Equity & Liabilities	5,858.8	6,588.5	7,033.3	7,739.0	7,739.0
Assets — additional as-filed lines
+ Current Tax Assets	137.7	133.3	82.5	57.8	57.8
Liabilities — additional as-filed lines
+ Trade Payables — Non-current	0.0	5.3	5.3	5.3	5.3
Trade Payables — MSME split
+ Dues to Micro & Small — Current	—	—	5.0	7.3	7.3
+ Dues to Micro & Small — Non-current	—	—	5.3	0.0	0.0
+ Dues to Other Creditors — Current	—	—	147.4	244.1	244.1
+ Dues to Other Creditors — Non-current	—	—	0.0	5.3	5.3

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.