MAHSEAMLES · Basic Materials · Steel
Composite scorecard: 60/100 — Quality 56 · Valuation 67 · Growth 79 · Momentum 26
| Share price | ₹584.70 |
| Market cap | ₹7,531 Cr |
| P/E ratio | 9.0 |
| P/B ratio | 1.1 |
| ROE | 14.8% |
| ROCE | 14.8% |
| Dividend yield | 1.78% |
| Book value | ₹489.93 |
| Year | Sales | Net profit | OPM |
|---|---|---|---|
| 2026 | ₹4,674 Cr | ₹701 Cr | 14.0% |
| 2025 | ₹5,269 Cr | ₹777 Cr | 17.0% |
| 2024 | ₹5,404 Cr | ₹952 Cr | 22.0% |
| 2023 | ₹5,716 Cr | ₹768 Cr | 18.0% |
| 2022 | ₹4,211 Cr | ₹692 Cr | 14.0% |
Maharashtra Seamless Limited engages in the manufacture and sale of seamless steel pipes and tubes in India. The company operates through three segments: Steel Pipes & Tubes, Power Electricity, and RIG. It offers mild steel and galvanized pipes; API line pipes; oil country tubular goods (OCTG) pipes; and hot finished pipes and tubes, and cold drawn and boiler tubes. It also provides coated pipes, including 3 layer polyethylene coated pipes, fusion bonded epoxy coated pipes, 3 layer polypropylene coated pipes, and internal epoxy coating pipes. In addition, the company is involved in renewable