Maharashtra Seamless Peer Comparison
NSE: MAHSEAMLES | BSE: 500265
₹661.70
As on 28-Aug-2026IST
Market cap
₹8,856 Cr
Revenue (TTM)
₹4,620 Cr
P/E Ratio
12
P/B Ratio
1.2
Div. Yield
1.5 %
| Maharashtra Seamless | Man | Electrosteel Castings | Sambhv Steel Tubes | JTL | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
8,856 | 5,759 | 5,042 | 3,753 | 3,533 |
Revenue (₹ Cr) |
4,620 | 3,875 | 5,786 | 2,587 | 2,314 |
Net Profit (₹ Cr) |
751.25 | 204.30 | 120.76 | 164.80 | 121.78 |
Net Margin (%) |
14.96 | 5.26 | 2.01 | 6.34 | 5.24 |
RoE (%) |
11.00 | 10.08 | 2.49 | 16.49 | 8.37 |
Price to Earnings |
12.01 | 28.19 | 41.77 | 22.77 | 30.80 |
Price-To-Book |
1.24 | 2.68 | 0.84 | 3.38 | 2.32 |
Income Statement (₹ Cr)
| Maharashtra Seamless | Man | Electrosteel Castings | Sambhv Steel Tubes | JTL | |
|---|---|---|---|---|---|
|
Operating Revenue
|
4,674.34 | 3,505.35 | 5,918.02 | 2,413.24 | 1,916.31 |
|
Total Income
|
5,061.92 | 3,557.17 | 6,165.19 | 2,420.46 | 1,938.76 |
|
Total Expenditure
|
3,993.14 | 3,203.94 | 5,591.64 | 2,137.02 | 1,793.36 |
|
EBITDA
|
681.20 | 301.41 | 326.39 | 276.22 | 122.96 |
|
Depreciation
|
110.15 | 45.25 | 172.56 | 48.39 | 9.27 |
|
EBIT
|
571.05 | 256.17 | 153.83 | 227.83 | 113.69 |
|
Interest
|
2.57 | 99.63 | 143.74 | 41.35 | 4.52 |
|
Other Income
|
387.58 | 51.82 | 247.16 | 7.22 | 22.45 |
|
Exceptional Items
|
-3.04 | -- | -38.38 | -3.51 | -- |
|
Profit before Tax
|
939.42 | 208.35 | 218.87 | 190.19 | 131.61 |
|
Provision for Tax
|
238.39 | 55.18 | 57.39 | 48.04 | 32.79 |
|
Profit after Tax
|
701.03 | 153.17 | 161.48 | 142.15 | 98.83 |
Liabilities (₹ Cr)
| Maharashtra Seamless | Man | Electrosteel Castings | Sambhv Steel Tubes | JTL | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
6,876.45 | 1,607.26 | 5,923.32 | 1,053.61 | 1,218.31 |
|
Minority Interest
|
-- | -- | 1.04 | -- | 0.34 |
|
Non-Current Liabilities
|
470.34 | 186.94 | 1,190.15 | 269.32 | 17.85 |
|
Current Liabilities
|
392.25 | 1,984.94 | 2,346.92 | 777.14 | 102.60 |
|
Total Liabilities
|
7,739.04 | 3,779.15 | 9,461.44 | 2,100.06 | 1,339.10 |
Assets (₹ Cr)
| Maharashtra Seamless | Man | Electrosteel Castings | Sambhv Steel Tubes | JTL | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
2,181.40 | 1,028.57 | 4,759.89 | 1,100.76 | 367.64 |
|
Current Assets
|
5,557.64 | 2,750.57 | 4,701.55 | 999.30 | 971.46 |
|
Total Assets
|
7,739.04 | 3,779.15 | 9,461.44 | 2,100.06 | 1,339.10 |
|
Total Debt*
|
13.36 | 455.95 | 1,512.67 | 371.31 | 76.17 |
|
Net Current Assets
|
5,165.39 | 765.63 | 2,354.63 | 222.16 | 868.86 |
|
Contingent Liabilities
|
681.22 | 173.32 | 177.59 | 2.83 | 27.31 |
Cashflow (₹ Cr)
| Maharashtra Seamless | Man | Electrosteel Castings | Sambhv Steel Tubes | JTL | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
932.80 | 67.99 | 1,146.63 | 211.53 | -245.69 |
|
Cash Flow from Investing Activities
|
-774.30 | -41.33 | -135.90 | -396.07 | -188.05 |
|
Cash from Financing Activities
|
-122.80 | 29.63 | -900.37 | 241.24 | 406.94 |
|
Net Cash Inflow / Outflow
|
35.70 | 56.29 | 110.37 | 56.70 | -26.80 |
Ratios
Profitability Ratios
| Maharashtra Seamless | Man | Electrosteel Castings | Sambhv Steel Tubes | JTL | |
|---|---|---|---|---|---|
|
ROCE (%)
|
14.25 | 16.31 | 4.75 | 19.10 | 13.03 |
|
ROE (%)
|
10.62 | 10.25 | 2.76 | 18.35 | 12.43 |
|
ROA (%)
|
9.49 | 4.95 | 1.69 | 8.09 | 9.06 |
|
EBIT Margin (%)
|
22.86 | 10.08 | 9.69 | 11.75 | 7.59 |
|
Net Margin (%)
|
13.85 | 4.31 | 2.62 | 5.87 | 5.10 |
|
Cash Profit Margin (%)
|
17.35 | 5.66 | 5.64 | 7.68 | 5.64 |
Growth Ratios
| Maharashtra Seamless | Man | Electrosteel Castings | Sambhv Steel Tubes | JTL | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
-11.28 | 11.56 | -19.15 | 59.67 | -6.10 |
|
EBIT Growth (%)
|
-4.36 | 20.46 | -50.51 | 77.34 | -9.61 |
|
Net Profit Growth (%)
|
-9.82 | 45.68 | -77.25 | 148.23 | -12.55 |
|
EPS Growth (%)
|
-9.80 | 45.68 | -77.25 | 103.03 | -21.25 |
|
Book Value Growth (%)
|
8.47 | 14.53 | 2.45 | 112.70 | 93.94 |
Valuation Ratios
| Maharashtra Seamless | Man | Electrosteel Castings | Sambhv Steel Tubes | JTL | |
|---|---|---|---|---|---|
|
Price / Earnings
|
10.70 | 11.27 | 28.19 | 18.76 | 30.23 |
|
Price / Book Value
|
1.09 | 1.08 | 0.77 | 2.53 | 2.85 |
|
Dividend Yield (%)
|
1.79 | 0.00 | 1.22 | 0.00 | 0.16 |
|
EV/EBITDA
|
6.96 | 5.10 | 9.99 | 10.42 | 20.54 |
|
Market Cap (₹ Cr)
|
7,504.19 | 1,725.69 | 4,550.96 | 2,666.87 | 2,986.95 |
Solvency Ratios
| Maharashtra Seamless | Man | Electrosteel Castings | Sambhv Steel Tubes | JTL | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.00 | 0.29 | 0.26 | 0.35 | 0.07 |
|
Short term debt to equity ratio
|
0.00 | 0.17 | 0.18 | 0.13 | 0.05 |
|
Current Ratio
|
14.17 | 1.39 | 2.00 | 1.29 | 9.47 |
|
Quick Ratio
|
11.27 | 0.75 | 0.98 | 0.72 | 7.35 |
|
Interest Coverage
|
366.53 | 3.09 | 2.52 | 5.60 | 30.09 |
Operating Efficiency Ratios
| Maharashtra Seamless | Man | Electrosteel Castings | Sambhv Steel Tubes | JTL | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
12.08 | 25.56 | 18.09 | 9.22 | 14.61 |
|
Asset Turnover
|
0.63 | 1.13 | 0.62 | 1.41 | 1.76 |
|
Receivable days
|
47.56 | 65.13 | 78.74 | 27.20 | 45.01 |
|
Inventory Days
|
96.84 | 99.66 | 149.94 | 51.23 | 35.03 |
|
Payable days
|
24.77 | 127.87 | 61.52 | 93.16 | 5.11 |
|
Cash Conversion Cycle
|
119.63 | 36.91 | 167.16 | -14.73 | 74.92 |