Maharashtra Seamless Key Ratios
NSE: MAHSEAMLES | BSE: 500265
₹654.10
As on 01-Sep-2026 10:54IST
Market cap
₹8,886 Cr
Revenue (TTM)
₹4,620 Cr
P/E Ratio
12.1
P/B Ratio
1.2
Div. Yield
1.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -14.76 | -4.72 | -12.21 | -6.26 | 12.71 |
| EBIT | -26.27 | 6.05 | -32.85 | -14.39 | 9.75 |
| Net Profit | 154.07 | 15.67 | -15.84 | -6.25 | 15.59 |
| EPS | 159.07 | 15.66 | -16.07 | -6.33 | 33.38 |
| Book Value | -- | -- | 8.47 | 12.94 | 15.84 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 16.13 | 15.04 | 12.55 | 12.22 | 15.43 |
| Net Margin
| 15.43 | 14.89 | 14.96 | 13.85 | 14.21 |
| Return on equity
| 14.40 | 15.64 | 11.00 | 10.62 | 12.89 |
| Return on Capital
| 18.51 | 17.22 | -- | 14.25 | 16.63 |
| Return on Assets
| 12.51 | 12.55 | 10.17 | 9.49 | 11.42 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
--
|
14.25
|
16.63
|
22.93
|
19.83
|
|
Peer Median
|
--
|
15.28
|
18.02
|
19.02
|
--
|
ROE
11.00
Higher than Peers by 0.00
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
11.00
|
10.62
|
12.89
|
18.13
|
17.55
|
|
Peer Median
|
11.00
|
12.27
|
16.88
|
20.14
|
--
|
ROA
10.17
Higher than Peers by 2.82
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
10.17
|
9.49
|
11.42
|
15.30
|
13.65
|
|
Peer Median
|
7.35
|
8.13
|
7.77
|
10.61
|
--
|
EBIT Margin
12.55
Higher than Peers by 5.24
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
12.55
|
12.22
|
15.43
|
20.57
|
15.73
|
|
Peer Median
|
7.31
|
8.97
|
10.72
|
12.52
|
--
|
Net Margin
14.96
Higher than Peers by 10.19
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
14.96
|
13.85
|
14.21
|
17.16
|
13.22
|
|
Peer Median
|
4.77
|
4.82
|
4.73
|
5.04
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
--
|
17.35
|
16.67
|
19.64
|
15.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-12.21
Lower than Peers by 20.74
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
-12.21
|
-11.28
|
-2.51
|
-5.46
|
35.76
|
|
Peer Median
|
8.53
|
14.88
|
13.12
|
17.36
|
--
|
EBIT Growth
-32.85
Lower than Peers by 43.80
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
-32.85
|
-29.78
|
-26.85
|
23.64
|
89.50
|
|
Peer Median
|
10.95
|
15.33
|
15.13
|
29.80
|
--
|
Net Profit Growth
-15.84
Lower than Peers by 26.63
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
-15.84
|
-9.82
|
-18.32
|
23.98
|
10.98
|
|
Peer Median
|
10.79
|
17.69
|
9.05
|
19.84
|
--
|
EPS Growth
-16.07
Lower than Peers by 13.22
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
-16.07
|
-9.80
|
-18.27
|
24.39
|
10.56
|
|
Peer Median
|
-2.85
|
2.41
|
8.64
|
12.50
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
--
|
8.47
|
10.64
|
20.06
|
19.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.00
Lower than Peers by 0.05
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
0.00
|
0.00
|
--
|
--
|
0.05
|
|
Peer Median
|
0.06
|
0.27
|
0.60
|
0.45
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
--
|
0.00
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
14.17
Higher than Peers by 12.49
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
14.17
|
14.17
|
16.35
|
8.39
|
5.90
|
|
Peer Median
|
1.67
|
1.71
|
1.56
|
1.73
|
--
|
Quick Ratio
11.27
Higher than Peers by 10.37
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
11.27
|
11.27
|
11.40
|
4.73
|
3.13
|
|
Peer Median
|
0.90
|
0.96
|
1.15
|
0.79
|
--
|
Interest Coverage
372.22
Higher than Peers by 366.98
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
372.22
|
366.53
|
363.39
|
145.37
|
25.10
|
|
Peer Median
|
5.24
|
3.82
|
4.88
|
7.06
|
--
|
Operating Efficiency
Debtors to sales
12.22
Higher than Peers by 0.01
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
12.22
|
12.08
|
12.40
|
9.59
|
11.24
|
|
Peer Median
|
12.21
|
15.06
|
17.48
|
10.48
|
--
|
Asset Turnover
0.63
Lower than Peers by 0.70
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
0.63
|
0.63
|
0.77
|
0.87
|
1.02
|
|
Peer Median
|
1.33
|
1.37
|
1.94
|
2.01
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
--
|
47.56
|
40.59
|
39.20
|
38.29
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
--
|
96.84
|
101.07
|
104.08
|
93.88
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
--
|
24.77
|
24.48
|
32.70
|
38.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
--
|
119.63
|
117.18
|
110.58
|
94.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
12.05
Lower than Peers by 15.60
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
12.05
|
10.70
|
11.76
|
11.92
|
6.27
|
|
Peer Median
|
27.65
|
25.26
|
28.60
|
36.03
|
--
|
Price / Book Value
1.24
Lower than Peers by 0.70
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
1.24
|
1.09
|
1.44
|
1.98
|
1.00
|
|
Peer Median
|
1.94
|
2.13
|
2.70
|
3.83
|
--
|
Dividend Yield
1.51
Higher than Peers by 1.37
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
1.51
|
1.79
|
1.47
|
1.18
|
1.40
|
|
Peer Median
|
0.14
|
0.10
|
0.05
|
0.08
|
--
|
EV/EBITDA
8.03
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
8.03
|
6.96
|
8.14
|
8.27
|
4.41
|
|
Peer Median
|
--
|
19.63
|
18.08
|
32.36
|
--
|
Market Cap
8,886
Higher than Peers by 3,734
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Maharashtra Seamless
|
8,886
|
7,504
|
9,143
|
11,336
|
4,792
|
|
Peer Median
|
5,153
|
3,472
|
2,834
|
4,218
|
--
|