---
title: "Maharashtra Seamless Ltd (MAHSEAMLES) — Share Price, Financials & Analysis"
symbol: "MAHSEAMLES"
company: "Maharashtra Seamless Ltd"
canonical: "https://tapetide.com/stocks/MAHSEAMLES"
isin: "INE271B01025"
nse_symbol: "MAHSEAMLES"
bse_code: "500265"
sector: "Industrial Products"
industry: "Iron & Steel Products"
market_cap_cr: 9728.35
generated_at: "2026-09-13T18:33:52.534Z"
---

# Maharashtra Seamless Ltd (MAHSEAMLES)

Canonical page: https://tapetide.com/stocks/MAHSEAMLES

## Company

- **NSE Symbol:** MAHSEAMLES
- **BSE Code:** 500265
- **ISIN:** INE271B01025
- **Sector:** Industrial Products
- **Industry:** Iron & Steel Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2004-08-25
- **CEO:** Mr. Saket Jindal B.B.A.
- **Employees:** 1829
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** jindal.com

## About

Incorporated in 1988, Maharashtra Seamless Ltd manufactures seamless pipes & tubes, ERW pipes. It is also in the business of  renewable power generation and rig operations[1]

## Latest Price

- **Price:** ₹728.9
- **Change:** +9.95 (+1.38%)
- **Open:** ₹720.95
- **Day High:** ₹738
- **Day Low:** ₹707.25
- **Previous Close:** ₹718.95
- **Volume:** 1045480
- **As Of:** 2026-09-11T10:21:41+00:00

## Key Fundamentals

Observed at 2026-09-11T04:53:45.038716Z.

- **Market Cap:** ₹9728.35 Cr
- **Classification:** Microcap
- **P/E (reported):** 13.1
- **P/E (TTM):** 13.25
- **EPS (TTM):** ₹55.03
- **EPS (reported):** ₹65.23
- **Book Value:** ₹512.89
- **Price to Book:** 1.4
- **Dividend Yield:** 1.39%
- **ROE:** 10.19%
- **ROCE:** 12.82%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹5061.9 Cr
- **Net Income:** ₹701 Cr
- **EBITDA:** ₹1068.9 Cr
- **52-Week High:** ₹724
- **52-Week Low:** ₹500.7
- **RSI (14):** 74.62

## Tapetide Score

- **Score:** 61 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Cheap · Momentum: Rising
- **Percentile:** 90.4 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 75.47 | 9% |
| growth | 7.98 | 9% |
| momentum | 61.81 | 12% |
| ownership | 60.19 | 24% |
| quality | 53.79 | 22% |
| valuation | 88.72 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has a low return on equity of 13.6% over last 3 years.
- Earnings include an other income of Rs.399 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 53.01% | -10.43% | 446.24% |
| ebitda margin growth | 92.91% | 3.33% | -14.11% | 26.24% |
| net income growth | 159.14% | -9.83% | -3% | 29% |
| revenue growth | 2.71% | -7.39% | -6% | 15% |
| roce | 112.43% | -13.55% | -35.93% | 15.57% |
| roe | 159.04% | -16.88% | 13.02% | -41.3% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1535 | 1431 | 1215 | 1151 | 1292 | 1408 | 1418 | 1145 | 1159 | 1090 | 1280 | 1091 |
| Expenses | 1207 | 1065 | 945 | 1032 | 1065 | 1132 | 1133 | 980 | 1040 | 941 | 1046 | 912 |
| Operating Profit | 328 | 366 | 270 | 119 | 227 | 276 | 285 | 165 | 119 | 149 | 234 | 179 |
| OPM % | 21 | 26 | 22 | 10 | 18 | 20 | 20 | 14 | 10 | 14 | 18 | 16 |
| Other Income | 30 | 35 | 44 | 65 | 91 | 2 | 40 | 160 | 76 | 200 | -51 | 174 |
| Interest | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 26 | 26 | 24 | 25 | 25 | 25 | 25 | 25 | 25 | 29 | 31 | 31 |
| Profit before tax | 331 | 374 | 290 | 158 | 292 | 252 | 299 | 300 | 169 | 319 | 151 | 322 |
| Tax % | 24 | 26 | 25 | 18 | 25 | 26 | 19 | 23 | 26 | 24 | 32 | 17 |
| Net Profit | 251 | 276 | 218 | 129 | 220 | 186 | 242 | 230 | 125 | 243 | 103 | 266 |
| EPS in Rs | 18.69 | 20.59 | 16.3 | 9.65 | 16.42 | 13.89 | 18.06 | 17.19 | 9.35 | 18.13 | 7.67 | 19.88 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2150 | 3052 | 2645 | 2308 | 4211 | 5716 | 5404 | 5269 | 4674 | 4620 |
| Expenses | 1839 | 2383 | 2135 | 1867 | 3628 | 4705 | 4205 | 4361 | 4005 | 3939 |
| Operating Profit | 311 | 669 | 509 | 441 | 583 | 1011 | 1199 | 908 | 669 | 681 |
| OPM % | 14 | 22 | 19 | 19 | 14 | 18 | 22 | 17 | 14 | 15 |
| Other Income | 99 | -117 | -197 | -91 | 111 | 88 | 142 | 196 | 383 | 399 |
| Interest | 42 | 39 | 64 | 56 | 45 | 38 | 8 | 3 | 3 | 3 |
| Depreciation | 76 | 80 | 88 | 121 | 138 | 138 | 110 | 101 | 110 | 116 |
| Profit before tax | 292 | 433 | 161 | 173 | 511 | 924 | 1223 | 1000 | 939 | 962 |
| Tax % | 31 | 53 | 29 | 30 | -35 | 17 | 22 | 22 | 25 | — |
| Net Profit | 200 | 202 | 115 | 121 | 692 | 768 | 952 | 777 | 701 | 737 |
| EPS in Rs | 15.73 | 17.48 | 6.26 | 7.32 | 51.62 | 57.07 | 71 | 58.03 | 52.34 | 55.03 |
| Dividend Payout % | 19 | 17 | 20 | 24 | 5 | 9 | 14 | 17 | 19 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 34 | 34 | 34 | 34 | 34 | 34 | 67 | 67 | 67 | 67 |
| Reserves | 2650 | 2896 | 3037 | 3171 | 3265 | 3951 | 4707 | 5664 | 6273 | 6809 |
| Borrowings | 703 | 626 | 1059 | 1145 | 922 | 709 | 244 | 0 | 0 | 13 |
| Other Liabilities | 470 | 483 | 666 | 889 | 1135 | 695 | 841 | 852 | 693 | 849 |
| Total Liabilities | 3856 | 4039 | 4795 | 5239 | 5356 | 5388 | 5859 | 6583 | 7033 | 7739 |
| Fixed Assets | 1095 | 1235 | 1173 | 2364 | 2268 | 2135 | 2016 | 1950 | 1862 | 1862 |
| CWIP | 119 | 17 | 23 | 29 | 9 | 13 | 14 | 3 | 14 | 73 |
| Investments | 1529 | 1461 | 1276 | 1007 | 1071 | 646 | 1177 | 2098 | 2892 | 3821 |
| Other Assets | 1113 | 1326 | 2322 | 1840 | 2008 | 2593 | 2651 | 2533 | 2265 | 1983 |
| Total Assets | 3856 | 4039 | 4795 | 5239 | 5356 | 5388 | 5859 | 6583 | 7033 | 7739 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 241 | 93 | -183 | 748 | 447 | -269 | 912 | 1041 | 610 | 933 |
| Cash from Investing Activity | -107 | 13 | -161 | -730 | -183 | 563 | -386 | -722 | -486 | -775 |
| Cash from Financing Activity | -133 | -95 | 387 | 7 | -285 | -286 | -542 | -320 | -136 | -123 |
| Net Cash Flow | 2 | 10 | 44 | 25 | -21 | 8 | -17 | 0 | -13 | 35 |
| Free Cash Flow | 108 | -10 | -206 | -98 | 428 | -277 | 893 | 1009 | 586 | 764 |
| CFO/OP | 139 | 57 | -1 | 172 | 106 | -49 | 97 | 105 | 86 | 165 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 79 | 66 | 59 | 50 | 75 | 48 | 41 | 35 | 45 | 44 |
| Inventory Days | 192 | 132 | 150 | 172 | 255 | 182 | 148 | 175 | 148 | 140 |
| Days Payable | 55 | 34 | 53 | 129 | 194 | 61 | 29 | 32 | 17 | 31 |
| Cash Conversion Cycle | 215 | 165 | 155 | 93 | 135 | 169 | 160 | 178 | 176 | 153 |
| Working Capital Days | 103 | 155 | 196 | 105 | 135 | 148 | 130 | 137 | 133 | 116 |
| ROCE % | 6 | 9 | 18 | 11 | 9 | 12 | 20 | 23 | 17 | 14 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 67.86% | 67.86% | 68% | 68% | 68.04% | 68.07% | 68.86% | 68.87% | 69.05% | 69.81% | 70.28% | 70.28% |
| FIIs | 7.99% | 10.5% | 11.97% | 9.23% | 7.97% | 9.12% | 9.63% | 10.42% | 9.86% | 9.52% | 9.59% | 9.72% |
| DIIs | 4.38% | 4.31% | 3.95% | 5.38% | 4.38% | 3.86% | 3.96% | 4.08% | 3.63% | 2.91% | 3.29% | 3.84% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 11.36% | 10.27% | 9.81% | 11.59% | 13.23% | 12.87% | 11.95% | 11.13% | 12.1% | 12.18% | 11.62% | 11.09% |
| Others | 8.41% | 7.06% | 6.28% | 5.8% | 6.38% | 6.09% | 5.6% | 5.5% | 5.37% | 5.59% | 5.22% | 5.08% |
| No. of Shareholders | 54879 | 61989 | 69663 | 77500 | 96466 | 129024 | 105737 | 93504 | 94257 | 92943 | 88783 | 83466 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 2 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 681.31 | Buy |
| EMA (10) | 685.52 | Buy |
| SMA (20) | 656.31 | Buy |
| EMA (20) | 662.52 | Buy |
| SMA (50) | 614.55 | Buy |
| EMA (50) | 633.61 | Buy |
| SMA (100) | 622.56 | Buy |
| EMA (100) | 618.58 | Buy |
| SMA (200) | 589.69 | Buy |
| EMA (200) | 612.9 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 76.21 | Sell |
| MACD (12,26,9) | 26.78 | Buy |
| Stochastic (14,3,3) | 82.08 | Sell |
| ADX (14) | 53.46 | Buy |
| Williams %R (14) | -8.58 | Sell |
| ATR (14) | 24.54 | High Volatility |
| ROC (12) | 14.51 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 55.1 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e1c3798-38aa-4680-bf8a-95ab2f230e29.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=17b08240-1160-470b-86f6-2445bb43675b.pdf) |
| 2026-08-25 | [Letter Sent To Shareholders For Annual Report Web-Link And Path](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fabfb747-15de-428d-8850-11b0d8597f52.pdf) |
| 2026-08-24 | [Notice Of 38Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dc799e7b-8605-4d3e-a70e-25edbc92f2d8.pdf) |
| 2026-08-24 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b4ef7e1-b24f-45e6-b22d-8159746a06c7.pdf) |
| 2026-08-24 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59e11ff3-fcb6-4057-b756-4ae3c38e0034.pdf) |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9724b477-84b2-4d27-a44f-ec795930b7ec.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8da06395-e240-465d-ad4b-93e6c83cb341.pdf) |
| 2026-08-08 | [Audio Recording Of Conference Call Dated 8Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bf68f13e-8069-4ac8-bd7e-1b746ed8f7e8.pdf) |
| 2026-08-07 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a2d85281-ca41-4b6a-ac71-b7abd996f35d.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=286d7109-f0e8-4693-9da5-aa0becf964da.pdf) |
| 2026-02-02 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f71803d8-c20b-4934-a1c6-184365d050a4.pdf) |
| 2025-11-12 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92cac794-00b8-4e60-be7b-2e45526b6464.pdf) |
| 2025-08-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f4e9de0-b4a6-4b5e-9282-3cedd1bc0c79.pdf) |
| 2025-06-03 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e6cad32a-cb31-4ae1-8cd1-8c8bd7df377b.pdf) |
| 2025-02-03 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=daab9f9c-f377-44ab-81ff-c957deffd107.pdf) |
| 2024-11-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=527a8802-c766-46b3-bf40-c501d9bde473.pdf) |
| 2024-08-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d8d5141-fab2-47e0-9d72-ff66a4337cd1.pdf) |
| 2024-05-29 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8ebeeee1-81f4-4ab3-904d-3248814b9a6c.pdf) |
| 2024-02-03 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b72c7b85-4c69-46c2-a090-5ef0d9c829bd.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-07 | [Un-Audited Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8feb99bb-86ad-45d3-b9b5-45391c964072.pdf) |
| 2026-05-22 | [Financial Results For Quarter/Year Ended On 31St March 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a39e5069-e2ae-4fee-9f74-ca63b2b7375d.pdf) |
| 2026-01-28 | [Result For The Quarter Ended On 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45febe20-91d8-44ad-a1f8-0259c45395ef.pdf) |
| 2025-11-04 | [Results For The Quarter And Half Year Ended On 30Th September 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47d3b489-d156-4712-98e5-8df8bd7b3057.pdf) |
| 2025-07-30 | [Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6d5b6efe-fb6d-4376-8ce5-1aa4b434f535.pdf) |
| 2025-05-26 | [Financial Results For The Quarter And Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5b9a5b23-75bf-4265-91bc-ac8eac56327a.pdf) |
| 2025-01-27 | [Financial Results For The Quarter And Nine Months Ended On December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e8130622-187f-463b-be02-a615b52e2455.pdf) |
| 2024-10-28 | [Results For The Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=159ffb4b-ff6c-4d6a-90d4-87ae276727a1.pdf) |
| 2024-07-29 | [Results For The Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=837424d7-b245-472b-b90c-1b47b5550fbf.pdf) |
| 2024-05-21 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dad9bb68-5de2-4d61-a4c7-376d78b007bc.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8ac4acd4-52bb-45d1-bb95-34cf0f832dda.pdf) |
| 2026-01-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ba3e4355-0976-4c02-9218-a6dded8df284.pdf) |
| 2025-11-04 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c5f5e262-bcdb-408d-9b5c-2be042f288a4.pdf) |
| 2025-07-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c8087a8-67a4-4cfa-9d98-cffa71a58f59.pdf) |
| 2025-05-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff950d29-37ba-4646-b351-de172d63ce50.pdf) |
| 2025-01-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a63a9c19-76b4-4201-925f-d207733ba5ea.pdf) |
| 2024-10-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=306f6056-933f-4b45-a84e-daf8067c4992.pdf) |
| 2024-07-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ba863cbd-8073-4252-834d-30947b0edbd3.pdf) |
| 2024-05-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=829289a8-b1b7-468f-ac89-e8e72b319ab4.pdf) |
| 2024-01-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c660e6c3-5aa5-489f-a516-2c075cf45e21.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Mar - Newspaper advertisement regarding opening of special window for re-lodgement of transfer requests of physical shares. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Mar - Newspaper advertisement regarding opening of special window for re-lodgement of transfer requests of physical shares.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/639cc619-dad5-4939-bd76-7ee50052408a.pdf) |
| 9 Apr - Internovia Natural Resources FZ LLC was voluntarily struck off; company says no impact on operations or finances. | [Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Closure Of Subsidiary 9 Apr - Internovia Natural Resources FZ LLC was voluntarily struck off; company says no impact on operations or finances.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8a4fb6c-3061-4f4e-857e-4d5660ad72e4.pdf) |
| 7 May - Company sent notices on 6 May 2026 for seven-year unclaimed dividends and IEPF transfer. | [Intimation Regarding Notice Given To Shareholders 7 May - Company sent notices on 6 May 2026 for seven-year unclaimed dividends and IEPF transfer.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f521b93e-450d-4d61-aed3-27cfc1b57f67.pdf) |
| 4 Apr - NSE Sustainability assigned Maharashtra Seamless an ESG score of 56, rated Moderate, based on public data. | [ESG Score & Rating 4 Apr - NSE Sustainability assigned Maharashtra Seamless an ESG score of 56, rated Moderate, based on public data.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/702da799-1554-4e5b-854e-8e8276a4e5c9.pdf) |
| 26 Feb - Company received Reg 29(2) disclosure from Global Jindal Fin-Invest Limited on Feb 26, 2026. | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 26 Feb - Company received Reg 29(2) disclosure from Global Jindal Fin-Invest Limited on Feb 26, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/C5971CEC_A425_4E8A_92A8_CBA753A600C6_124256.pdf) |
| 2 Mar - ICRA reaffirms Maharashtra Seamless long-term AA+ (Stable) and short-term A1+ on 02-Mar-2026. | [Announcement under Regulation 30 (LODR)-Credit Rating 2 Mar - ICRA reaffirms Maharashtra Seamless long-term AA+ (Stable) and short-term A1+ on 02-Mar-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/22d59ebf-02ac-4417-9c16-081f81f09444.pdf) |
| 17h - Notice to shareholders published in newspaper regarding transfer of equity shares to IEPF | [Announcement under Regulation 30 (LODR)-Newspaper Publication 17h - Notice to shareholders published in newspaper regarding transfer of equity shares to IEPF](https://www.bseindia.com/xml-data/corpfiling/AttachLive/41b1307d-dcc7-4b37-8ca9-2c1e374e611c.pdf) |
| 13 Mar - Special resolution approved reappointing Mr Pithelis Raj Santhana Marian as whole-time director with remuneration; effective 12 March 2026. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 13 Mar - Special resolution approved reappointing Mr Pithelis Raj Santhana Marian as whole-time director with remuneration; effective 12 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d0cb30bb-4c2a-4b2c-9d68-f2ea7a6aa60c.pdf) |
| 12h - Board meets 22 May 2026 to approve FY26 audited results and consider dividend. | [Board Meeting Intimation for Audited Financial Results For The Quarter And Year Ended On 31St March, 2026. 12h - Board meets 22 May 2026 to approve FY26 audited results and consider dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/21dbf353-ea41-45bb-8e6b-cbcb80d3fe2b.pdf) |
| 10 Feb - Newspaper advertisement regarding Postal Ballot Notice | [Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Feb - Newspaper advertisement regarding Postal Ballot Notice](https://www.bseindia.com/xml-data/corpfiling/AttachHis/357a072f-8359-4d35-b5f5-5b529bf7f429.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2019 | [Concall - Sep 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad68e7a3-39f8-4deb-bb82-e2a32f9e8cf7.pdf) |
| Sep 2019 | [Concall - Sep 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ad68e7a3-39f8-4deb-bb82-e2a32f9e8cf7.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e92c7716-5797-41f1-b7a3-41dcab213488.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/92cac794-00b8-4e60-be7b-2e45526b6464.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/527a8802-c766-46b3-bf40-c501d9bde473.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/132dfb4c-b880-4f4e-8e84-430872794cb3.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d9452b5-0ae2-45df-a503-9dc4cd7bc5e3.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7d9452b5-0ae2-45df-a503-9dc4cd7bc5e3.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bed668eb-364f-4fb8-ae6b-7b840fbf8a02.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ebeeee1-81f4-4ab3-904d-3248814b9a6c.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-01-30 | [Audi0 Recording Of Conference Call Dated 29Th January 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6e2cdb32-395c-483c-bab8-ad21e22ae97a.pdf) |
| 2025-11-05 | [Audio Recording Of Conference Call Dated 5Th November 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=35e68557-cc51-4e70-9bce-f62b68285ef2.pdf) |
| 2025-07-31 | [Audio Recording Of Conference Call Dated 31St July 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f947258f-0055-48af-9cae-99271e026fa9.pdf) |
| 2025-05-27 | [Audio Recording Of Conference Call Dated 27Th May 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=da742d62-6fee-4665-80cb-735393abb929.pdf) |
| 2025-01-28 | [Audio Recording Of Conference Call Dated 28Th January 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cde94575-04d6-4b53-97e9-4b08f6f9e7bf.pdf) |
| 2024-10-29 | [Audio Recording Of Conference Call Dated 29Th October, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=62688d8c-9734-4edc-b15b-920fae2d4bff.pdf) |
| 2024-07-30 | [Audio Recording Of Conference Call Dated 30Th July, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c58c1786-cde1-4df7-8025-127bfbc8d94f.pdf) |
| 2024-05-22 | [Audio Recording Of Conference Call Dated 22Nd May, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c59c60d-4ecc-4a2a-9be1-6cb4aa1c8805.pdf) |
| 2024-01-30 | [Audio Recording Of Conference Call Dated 30Th January, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f05d5357-75f6-4c0e-86c3-9a2a6f04a010.pdf) |
| 2023-11-03 | [Audio Recording Of Conference Call Dated 2Nd November, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2bbc5bbc-e79f-443a-a1bd-df01edd305bc.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8748b566-f758-4f1b-b0bc-95ffca7105c2.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c3486d1d-ab32-4b78-ba0b-24c555a4ec6f.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2dbd4767-2cb6-4cda-a59c-5bd15beaeaa3.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500265/74902500265.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500265/71541500265.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/500265/65899500265.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/500265/5002650319.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:33:52.534Z.