Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →
Maharashtra Seamless (DP Jindal group) manufactures seamless steel pipes and tubes — used in oil & gas drilling and exploration, boilers, bearings and general engineering — and ERW pipes, from plants in Maharashtra. Demand is tied to domestic oil & gas capex (ONGC/Oil India tenders) and industrial activity; the company also holds some rig/energy assets.
India's largest seamless pipe manufacturer.
Maharashtra Seamless Ltd. is a constituent of NIFTY MICROCAP 250. See where it sits on the market heatmap →
Consolidated annual figures taken from Maharashtra Seamless Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).
| Metric | FY26 | FY25 | FY24 |
|---|---|---|---|
| EPS (basic, ₹) | 52.33 | 58.02 | 70.99 |
| Book value / share (₹) | 513.17 | 473.13 | 427.66 |
| Return on equity | 10.2% | 12.3% | 16.6% |
| Return on capital employed | 7.8% | 12.1% | 17.7% |
| Operating margin | 12.2% | 15.6% | 20.1% |
| Net margin | 15.0% | 14.8% | 17.6% |
| EBITDA | ₹681 Cr | ₹920 Cr | ₹1,199 Cr |
| Free cash flow | ₹764 Cr | ₹586 Cr | ₹1,010 Cr |
| Total debt | ₹13 Cr | ₹0 Cr | ₹0 Cr |
| Debt to equity | 0.00 | 0.00 | 0.00 |
| Interest coverage | 221.3 | 296.9 | 128.6 |
| Current ratio | 14.17 | 16.34 | 8.39 |
| Shares outstanding | 13,40,00,000 | 13,40,00,000 | 13,40,00,000 |
Open the full income statement, balance sheet and cash flow for MAHSEAMLES →
As disclosed for the quarter ended 30 Jun 2026.
Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →
Companies Alphave classifies in the same sub-sector, closest by market capitalisation.