MARKET EOD
NIFTY 50:23,960.60▲ +149.75 (+0.63%)
SENSEX:77,301.40▲ +886.41 (+1.16%)
BANK NIFTY:55,913.60▲ +373.55 (+0.67%)
NIFTY IT:32,061.90▼ -489.70 (-1.50%)
MCX GOLD:₹139,452.00▼ -734.00 (-0.52%)
MCX SILVER:₹179,698.00▼ -4,081.00 (-2.22%)
MCX CRUDEOIL:₹9,104.00▲ +32.00 (+0.35%)
USD/INR:₹94.8343▼ -0.9382 (-0.98%)
YT X
Advertisement • SRK Money Talk
Home › Company Intelligence › Maharashtra Seamless Limited (MAHSEAMLES)
NSE: MAHSEAMLES MID_CAP Diversified REPORTED STATUTORY SOURCE • Data as of FY25 FRESH

Maharashtra Seamless Limited

Units: ₹ Crores • Basis: Statutory Filing (Consolidated/Primary) • Reporting Period: FY25 • Source: SEBI_LODR_REG33_REPORTED_CYCLE_CR • Last Checked: 14 Oct 2026
FY25 Revenue ₹3,850 Cr
FY25 Net Profit ₹550 Cr
Reported EPS ₹41.07
Operating Margin 14.53%
Return on Equity 16.6%
ROCE 21.5%
Debt / Equity 0.00x
Net Profit Margin 14.29%
WHAT IS HAPPENING NOW • MATERIAL DEVELOPMENTS

Latest Earnings Released (Q1 FY27): Reported quarterly statutory revenue of ₹1,266.32 Cr with net profit of ₹270.78 Cr (EPS: ₹20.21).

Exchange Disclosure (2026-10-19): General Updates —

BUSINESS OVERVIEW & CORPORATE PROFILE

Official listing profile for Maharashtra Seamless Limited under Diversified.

Official listing profile for Maharashtra Seamless Limited under Diversified.

Key Offerings & Operating Lines:

Commercial & Industrial

Headquarters India
Incorporated N/A
Workforce N/A
Statutory Auditor N/A
Credit Rating N/A
SRK FUNDAMENTAL HEALTH SCORE Fragile (48/100)
48 / 100
Algorithmic 5-pillar assessment calibrated against audited SEBI filings and historical balance sheets.
Pillar Score Breakdown
Revenue & Earnings Growth 0 / 20
Profitability & Margins 13 / 20
Solvency & Capital Structure 20 / 20
Cash Flow Quality 2 / 20
Capital Allocation & Valuation 13 / 20
Key Strengths
  • + Healthy Return on Equity (16.6%)
  • + Virtually debt-free balance sheet (D/E 0.00)
  • + Ample interest debt-service coverage (145.4x)
  • + Superior capital efficiency (ROCE 21.5%)
Key Vigilance Points & Risks
  • − YoY revenue contraction (-28.8%)
  • − Net profit decline observed YoY (-42.2%)
Advertisement • SRK Money Talk
FINANCIAL PERFORMANCE • STATEMENT OF PROFIT & LOSS (IND-AS) Ind-AS • REPORTED EXCHANGE DATA
Multi-Year Revenue & Net Profit Trajectory (₹ Crores • Ind-AS)
₹5k₹4k₹3k₹1k₹0kRevenue: ₹5,404 CrNet Profit: ₹952 CrFY24Revenue: ₹3,850 CrNet Profit: ₹550 CrFY25RevenueNet Profit
Annual Financial Statements (₹ Crores • Ind-AS Normalized) Latest Period End: 31 Dec 2024 • Source: SEBI_LODR_REG33_REPORTED_CYCLE_CR
Annual Metric (₹ Cr)FY24
Mar 2024
FY25
Dec 2024
Sales / Revenue from Operations₹5,404₹3,850
Operating Expenditure₹4,205N/A
Operating Profit (EBITDA)₹1,199₹560
Operating Profit Margin (OPM %)22.18%14.53%
Other Income₹142N/A
Finance Costs / Interest₹8.47N/A
Depreciation & Amortization₹110N/A
Profit Before Tax (PBT)₹1,223₹717
Tax Expense₹271N/A
Net Profit (PAT)₹952₹550
Net Profit Margin (NPM %)17.61%14.29%
Basic / Diluted EPS (₹)₹70.99₹41.07
Cash from Operations (CFO)₹1,042N/A
Free Cash Flow (FCF)₹1,010N/A
Recent Quarterly Performance (₹ Crores • SEBI LODR Reg 33)Latest Quarter End: 30 Jun 2026 • Source: NSE_OFFICIAL_API
Quarterly Metric (₹ Cr)Q1 FY25
Jun 2024
Q2 FY25
Sep 2024
Q3 FY25
Dec 2024
Q1 FY26
Jun 2025
Q2 FY26
Sep 2025
Q3 FY26
Dec 2025
Q4 FY26
Mar 2026
Q1 FY27
Jun 2026
Sales / Revenue₹1,151₹1,291₹1,408₹1,303₹1,234₹1,290₹1,232₹1,266
Operating Profit (EBITDA)₹100₹205₹254₹303₹174₹324₹156₹327
OPM %8.70%15.88%18.06%23.28%14.06%25.11%12.65%25.81%
Profit Before Tax (PBT)₹165₹296₹256₹303₹174₹324₹156₹327
Net Profit (PAT)₹136₹224₹190₹234₹130₹247₹108₹271
NPM %11.81%17.36%13.51%17.95%10.50%19.16%8.73%21.38%
Basic / Diluted EPS (₹)₹10.15₹16.73₹14.19₹17.45₹9.67₹18.44₹8.02₹20.21
BALANCE SHEET & CASH FLOW INTELLIGENCE (₹ CRORES • AUDITED) Exchange Reported
Annual Balance Sheet Strength (₹ Crores • Schedule III Ind-AS)
Balance Sheet Item (₹ Cr)FY24FY25
Equity Share Capital₹67N/A
Reserves & Surplus₹5,664N/A
Net Worth (Shareholders' Funds)₹5,731N/A
Total Borrowings & Debt₹0N/A
Total Balance Sheet Assets₹6,589N/A
Cash Flow Statement (₹ Crores • Indirect Method)
Cash Flow Item (₹ Cr)FY24FY25
Cash Flow from Operating Activities (CFO)₹1,042N/A
Cash Flow from Investing Activities (CFI)₹-722N/A
Cash Flow from Financing Activities (CFF)₹-320N/A
Free Cash Flow / Net Cash Flow₹1,010N/A
PROFITABILITY, RETURN & SOLVENCY RATIOS Derived from Verified Filings
Financial Ratio / Efficiency MetricFY24FY25
Operating Profit Margin (OPM)22.18%14.53%
Net Profit Margin (NPM)17.61%14.29%
Return on Equity (ROE)16.61%N/A
Return on Capital Employed (ROCE)21.49%N/A
Return on Assets (ROA)14.44%N/A
Debt to Equity Ratio0.00xN/A
Interest Coverage Ratio141.5xN/A
CFO to Net Profit Conversion1.09xN/A
SHAREHOLDING INTELLIGENCE • INSTITUTIONAL FLOWS SEBI LODR Reg 31
HOLDING PATTERN
Promoter: 70.30%
FII: N/A
DII: N/A
Public: 29.70%
Pledged: 0.00%
Quarterly Shareholding Trend & Institutional Inflows
CategorySep 2026Jun 2026Mar 2026Dec 2025Sep 2025QoQ Shift
Promoter Holding70.30%70.28%70.28%69.81%69.05%+0.02%
Foreign Institutional (FII)N/A9.72%N/AN/AN/A—
Domestic Institutional (DII / MFs)N/A3.84%N/AN/AN/A—
Public & Retail29.70%16.17%29.72%30.19%30.95%+13.53%
Promoter Pledged Shares0.00%0.00%0.00%0.00%0.00%—
KEY MANAGEMENT & BOARD GOVERNANCE
EXECUTIVE Appointed: Sep 2001
Mr Saket Jindal
Not Applicable & Executive Director

DIN: 00405736 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

EXECUTIVE Appointed: Oct 2005
Mr Pithelis Raj Santhana Marian
Not Applicable & Executive Director

DIN: 00520481 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

EXECUTIVE Appointed: Jul 2022
Mr Raghav Jindal
Not Applicable & Executive Director

DIN: 00405984 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: May 1988
Mr Dharam Pal Jindal
Chairperson related to Promoter & Non-Executive - Non Independent Director

DIN: 00405579 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Aug 2014
Mrs Roma Kumar
Not Applicable & Non-Executive - Independent Director

DIN: 02194012 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Feb 2019
Mr Ashok Bhandari
Not Applicable & Non-Executive - Independent Director

DIN: 00012210 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Sep 2024
Mr Kamal Kishore Bhartia
Not Applicable & Non-Executive - Independent Director

DIN: 00081236 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

INDEPENDENT Appointed: Sep 2024
Mr Mohan Gupta
Not Applicable & Non-Executive - Independent Director

DIN: 00593036 | Verified Board Member per SEBI LODR Reg 27 Corporate Governance Filing.

CORPORATE ACTIONS & DIVIDEND TRACK RECORD
Latest Dividend Paid ₹2.00
LTM Total Dividend ₹54.35
Dividends Recorded 10 payouts
Corporate Action Disclosures (Dividends, Bonus & Splits)
TypeEx-DateRecord DateAmount / RatioDescription
DIVIDEND2026-09-152026-09-15₹2.00Final Dividend - Rs. - 2.0000
DIVIDEND2026-09-152026-09-15₹7.00Final Dividend - Rs. - 7.0000
DIVIDEND2026-09-152026-09-15₹0.50Final Dividend - Rs. - 0.5000
DIVIDEND2026-09-152026-09-15₹5.00Final Dividend - Rs. - 5.0000
DIVIDEND2026-09-152026-09-15₹0.55Final Dividend - Rs. - 0.5500
DIVIDEND2026-09-152026-09-15₹25.00Final Dividend - Rs. - 25.0000
DIVIDEND2026-09-152026-09-15₹3.00Final Dividend - Rs. - 3.0000
CORPORATE_ACTION2026-09-152026-09-15N/ARight Issue of Equity Shares
DIVIDEND2026-09-152026-09-15₹1.00Final Dividend - Rs. - 1.0000
DIVIDEND2026-09-152026-09-15₹0.30Final Dividend - Rs. - 0.3000
DIVIDEND2026-09-01N/A₹10.00Dividend - Rs 10 Per Share
DIVIDEND2025-08-14N/A₹10.00Dividend - Rs 10 Per Sh
DIVIDEND2024-08-14N/A₹10.00Dividend - Rs 10 Per Share
DIVIDEND2023-08-14N/A₹5.00Dividend - Rs 5 Per Share
BONUS2022-11-25N/AN/ABonus 1:1
REGULATORY FILINGS & EXCHANGE DISCLOSURES
General Updates 19 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
General Updates

Certificate under SEBI (Depositories and Participants) Regulatio 12 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
Certificate under SEBI (Depositories and Participants) Regulations, 2018

SCHEME OF ARRANGEMENT 07 Oct 2026, 05:26 PM • NSE_OFFICIAL_API
Scheme of Arrangement — Maharashtra Seamless Limited has informed the Exchange about Scheme of Arrangement

Maharashtra Seamless Limited has informed the Exchange about Scheme of Arrangement

Scheme of Arrangement 07 Oct 2026, 12:00 AM • NSE_OFFICIAL_API
Scheme of Arrangement

RESIGNATION OF DIRECTOR/KMP/SMP 26 Sep 2026, 03:38 PM • NSE_OFFICIAL_API
Resignation of Director/KMP/SMP — Maharashtra Seamless Limited has informed the Exchange about Resignation of Director/KMP/SMP

Maharashtra Seamless Limited has informed the Exchange about Resignation of Director/KMP/SMP

RESIGNATION 26 Sep 2026, 03:31 PM • NSE_OFFICIAL_API
Resignation — Maharashtra Seamless Limited has informed the Exchange regarding Resignation of Mr S.P. Raj as Non- Executive Director of the company w.e.f. September 25, 2026.

Maharashtra Seamless Limited has informed the Exchange regarding Resignation of Mr S.P. Raj as Non- Executive Director of the company w.e.f. September 25, 2026.

Resignation 26 Sep 2026, 12:00 AM • NSE_OFFICIAL_API
Resignation

Resignation of Director/KMP/SMP 26 Sep 2026, 12:00 AM • NSE_OFFICIAL_API
Resignation of Director/KMP/SMP

UNIFIED CORPORATE CHRONOLOGICAL TIMELINE
2026-10-19 General Updates • NSE_OFFICIAL_API
General Updates

2026-10-12 Certificate under SEBI (Depositories and Participants) Regulatio • NSE_OFFICIAL_API
Certificate under SEBI (Depositories and Participants) Regulations, 2018

2026-10-07 Scheme of Arrangement • NSE_OFFICIAL_API
Scheme of Arrangement

2026-10-07 SCHEME OF ARRANGEMENT • NSE_OFFICIAL_API
Scheme of Arrangement — Maharashtra Seamless Limited has informed the Exchange about Scheme of Arrangement

Maharashtra Seamless Limited has informed the Exchange about Scheme of Arrangement

2026-09-30 SHAREHOLDING_FILING • NSE_OFFICIAL_API
Shareholding Pattern Filed: Q2 FY27

Quarterly distribution: Promoter 70.30% | FII N/A | DII N/A | Public 29.70%.

2026-09-26 Resignation • NSE_OFFICIAL_API
Resignation

2026-09-26 Resignation of Director/KMP/SMP • NSE_OFFICIAL_API
Resignation of Director/KMP/SMP

2026-09-26 RESIGNATION • NSE_OFFICIAL_API
Resignation — Maharashtra Seamless Limited has informed the Exchange regarding Resignation of Mr S.P. Raj as Non- Executive Director of the company w.e.f. September 25, 2026.

Maharashtra Seamless Limited has informed the Exchange regarding Resignation of Mr S.P. Raj as Non- Executive Director of the company w.e.f. September 25, 2026.

2026-09-26 RESIGNATION OF DIRECTOR/KMP/SMP • NSE_OFFICIAL_API
Resignation of Director/KMP/SMP — Maharashtra Seamless Limited has informed the Exchange about Resignation of Director/KMP/SMP

Maharashtra Seamless Limited has informed the Exchange about Resignation of Director/KMP/SMP

2026-09-25 Trading Window • NSE_OFFICIAL_API
Trading Window

2026-09-25 TRADING WINDOW • NSE_OFFICIAL_API
Trading Window — Maharashtra Seamless Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

Maharashtra Seamless Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

2026-09-23 Analysts/Institutional Investor Meet/Con. Call Updates • NSE_OFFICIAL_API
Analysts/Institutional Investor Meet/Con. Call Updates

STATUTORY SOURCE PROVENANCE & VERIFICATION AUDIT TRAIL
BSE Official Filings (500265) ↗ NSE Official Quote (MAHSEAMLES) ↗

Every financial metric, balance-sheet balance, and shareholding breakdown displayed on this dossier is grounded in primary statutory filings submitted to Indian stock exchanges (SEBI LODR Regulations 31, 33, and 47). No data is manufactured, estimated, or interpolated.

Data Domain Reporting Period Statutory Source Ingestion Date Status Provenance Hash
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 04 Nov 2026, 03:10 VERIFIED dd66517117b2...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 01 Nov 2026, 05:36 VERIFIED dd66517117b2...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 28 Oct 2026, 19:58 VERIFIED dd66517117b2...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 26 Oct 2026, 10:45 VERIFIED dd66517117b2...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 22 Oct 2026, 21:45 VERIFIED dd66517117b2...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 18 Oct 2026, 07:45 VERIFIED d38bc08fa273...
financials_quarterly Q1 FY27 NSE_OFFICIAL_API 13 Oct 2026, 23:58 VERIFIED d38bc08fa273...

DATA SOURCES, STATUTORY DISCLOSURES & METHODOLOGY

All corporate identifiers, listed equity data, shareholding patterns, and financial statements are extracted from official regulatory authorities: National Stock Exchange of India (NSE), BSE Limited, and Ministry of Corporate Affairs (MCA) via audited XBRL Ind-AS submissions under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulations 31, 33, and 47). Data is ingested and archived on official end-of-day (EOD) schedules with immutable provenance tracking.

Zero-Fabrication Policy: SRK Money Talk strictly enforces authentic data integrity. No financial values, debt levels, cash flows, or quarterly earnings are ever mathematically synthesized, interpolated, or fabricated. When statutory disclosures have not yet been filed or ingested, fields are strictly labeled as N/A or NOT_YET_AVAILABLE.

Statutory Disclaimer: The SRK Fundamental Health Score is a quantitative diagnostic algorithm based exclusively on historical audited filings and does not constitute an investment recommendation or financial advisory. Always consult a SEBI-registered investment adviser before making capital allocation decisions.