Dashboard/MAHSEAMLES

MAHSEAMLES

FAIRLY_VALUED

Maharashtra Seamless Limited

Metals · NSE

↑ 9.4% vs fair value

52W Low

₹501

+18.8% from low

52W High

₹774

-23.1% from high

News sentiment (1 articles)

0 bull0 neutral1 bear

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Analyst Note

Today

Maharashtra Seamless trades at ₹595, representing a 10.7% discount to its fair value of ₹656.62, signaling fairly valued territory with medium confidence. The company demonstrates solid operational metrics with a robust 14.8% ROCE, zero debt, and strong free cash flow of ₹586 Cr, though revenue contracted 22.6% year-on-year despite 30.5% earnings growth—a divergence worth monitoring. Sentiment has remained consistently bearish over the last week and month, which contrasts with the metals sector's attractive valuations and the stock's low 9.4 PE ratio. This profile suits value-conscious investors seeking exposure to debt-free metal companies trading at reasonable multiples, though the revenue headwinds warrant caution.

Valuation Gauge

FAIRLY_VALUED+9.4% Margin of Safety

OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹595

Fair Value

₹657

Fair Value Analysis

₹657

Based on balance sheet strength analysis and earnings multiple (EV/EBITDA) for Metals sector companies | Sector-cheap: P/E at 12th percentile vs sector peers. | ROCE improving (latest 14.3%) — capital allocation becoming more efficient. | Growth capped at 16.1% (ROE 14.0%×1.15) — historical CAGR exceeds sustainable rate or COVID period unverifiable.

Medium confidence

Balance Sheet Value

40% weight

₹869

EV/EBITDA Multiple

60% weight

₹515

Price vs Market

MAHSEAMLES

Nifty 50

Technical Pulse

Plain English — no jargon

RSI 61.8Neutral

52-week range-0.7% from high

L 522H 592.25

20-day avg₹559▲ 5.3%

📍

Price PositionNeutral

Not enough price history to assess trend.

💪

Momentum (RSI)Overbought

RSI is 62 — overbought territory. Buying has been aggressive, a pullback is possible.

📈

Short-term TrendNeutral

Insufficient data for short-term trend.

→Combined Verdict

Fairly valued with neutral momentum. Hold if you own it. No urgent reason to buy or sell.

Shareholding Pattern

Stock Health Score

B+

Financially Healthy

8 / 10

Profitability

10/10

ROE of 14.0% is above the Metals sector benchmark of 12% — strong returns

Debt & Leverage

10/10

D/E ratio of 0.0x is well within the Metals sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 8.6x trades at a 86% discount to Metals sector median (61x) — attractively valued

Cash Flow

8/10

FCF margin of 11.4% — strong cash generation (₹586 Cr)

Earnings Growth

4/10

5yr EPS CAGR of 4.0% is well below Metals sector average of 13.8%

Dividend

6/10

Dividend yield of 1.7% provides moderate shareholder returns

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

1.6%

Free cash flow / market cap

Revenue Growth (YoY)

+5.6%

Year-on-year revenue change

Profit Growth (YoY)

+64.2%

Year-on-year PAT change

Operating Cash Flow

₹610 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹68.5

P/E Ratio

8.6x

P/B Ratio

1.2x

ROE

14%

ROCE

14.8%

Debt / Equity

Beta

-0.07

Div Yield

1.7%

FCF (Cr)

₹586 Cr

Revenue (Cr)

₹5,158 Cr

EPS Growth 5Y

Mkt Cap (Cr)

₹7,885 Cr

52W High

₹773.8

52W Low

₹500.7

Book Value/Share

₹489.7

Financial History

Period	Revenue	Op Profit	OPM%	PAT	EPS
TTM	₹4.8K Cr	₹718 Cr	15.0%	₹840 Cr	₹62.73
2025-03-31	₹5.3K Cr	₹908 Cr	17.0%	₹777 Cr	₹58.03
2024-03-31	₹5.4K Cr	₹1.2K Cr	22.0%	₹952 Cr	₹71.00
2023-03-31	₹5.7K Cr	₹1.0K Cr	18.0%	₹768 Cr	₹57.07
2022-03-31	₹4.2K Cr	₹583 Cr	14.0%	₹692 Cr	₹51.62
2021-03-31	₹2.3K Cr	₹441 Cr	19.0%	₹121 Cr	₹7.32
2020-03-31	₹2.6K Cr	₹509 Cr	19.0%	₹115 Cr	₹6.26
2019-03-31	₹3.1K Cr	₹669 Cr	22.0%	₹202 Cr	₹17.48
2018-03-31	₹2.1K Cr	₹311 Cr	14.0%	₹200 Cr	₹15.73
2017-03-31	₹1.4K Cr	₹225 Cr	16.0%	₹116 Cr	₹9.21
2016-03-31	₹1.0K Cr	₹38 Cr	4.0%	₹-24 Cr	₹-1.81
2015-03-31	₹1.4K Cr	₹105 Cr	8.0%	₹118 Cr	₹8.79
2014-03-31	₹1.2K Cr	₹89 Cr	7.0%	₹102 Cr	₹7.39

Compounded Growth Rates

Sales Growth

3Y-5.6%

5Y+15.8%

10Y+16.8%

Profit Growth

3Y+3.0%

5Y+47.3%

10Y—

EPS Growth

3Y+3.2%

5Y+53.7%

10Y—

Corporate Actions

Splits, bonuses & rights issues

Type	Details	Ratio	Ex-Date
BONUS	Bonus — issue 1:1	1:1 bonus	25 Nov 2022

Peer Comparison

Metals

Stock	Price	Fair Value	MoS%	P/E	ROE	Signal
JINDALSAW Jindal Saw	₹195	₹436.2	+55.3%	10.9	16.0%	UNDERVALUED
STEELCITY Steel City Securities Limited	₹80.6	₹130.7	+38.4%	6.9	12.1%	UNDERVALUED
VSTL Vibhor Steel Tubes Limited	₹109.4	₹143.4	+23.7%	19.3	7.0%	FAIRLY_VALUED
HISARMETAL Hisar Metal Industries Limited	₹143.9	₹186.5	+22.9%	30.5	7.1%	FAIRLY_VALUED
SSWL Steel Strips Wheels Limited	₹190	₹213.8	+11.1%	15.7	13.0%	FAIRLY_VALUED
HINDALCO Hindalco Industries	₹926.8	₹1,039.1	+10.8%	12.7	11.9%	FAIRLY_VALUED
MAHSEAMLES Maharashtra Seamless Limited	₹595	₹656.6	+9.4%	9.4	14.0%	FAIRLY_VALUED
VRAJ Vraj Iron and Steel Limited	₹106	₹113.6	+6.7%	13	6.4%	FAIRLY_VALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

What is Dalal Street saying?

r/IndiaInvestments · r/Dalal_Street_Investments · r/IndianStockMarket

No Reddit mentions found yet for MAHSEAMLES.

StockTwits

What traders are saying right now

StockTwits

No StockTwits activity found for MAHSEAMLES.

Search Interest

Google Trends · India · Last 90 days

Trends

Trend data not yet available — check back soon.

Telegram Channels

ET Markets · CNBC TV18 · Moneycontrol · Zee Business · NDTV Profit

No Telegram mentions found yet for MAHSEAMLES.

10 articles

Maharashtra Seamless Ltd is Rated Sell - marketsmojo.com

Google News: MAHSEAMLES·2d ago

▼ BEARISH

Why Shares Under Correction Today | Tejas Network Target | Maharashtra Seamless Share News Target [52e357] - Fathom Journal

Google News: MAHSEAMLES·7d ago

Maharashtra Seamless Ltd is Rated Sell - Markets Mojo

Google News: MAHSEAMLES·9d ago

Odd & Even Trades & Finance Limited Increases Stake in Maharashtra Seamless Limited to 18.16% - scanx.trade

Google News: MAHSEAMLES·10d ago

Maharashtra Seamless Ltd Valuation Shifts: From Attractive to Fair Amidst Sector Dynamics - Markets Mojo

Google News: MAHSEAMLES·11d ago

Maharashtra Seamless Closes Trading Window Ahead of FY26 Results - TipRanks

Google News: MAHSEAMLES·12d ago

Maharashtra Seamless Ltd Valuation Shifts Signal Changing Market Sentiment - Markets Mojo

Google News: MAHSEAMLES·19d ago

Expect around 20-30% growth for company in US: Saket Jindal, Maharashtra Seamless - The Economic Times

Google News: MAHSEAMLES·20d ago

Maharashtra Seamless Ltd is Rated Sell - Markets Mojo

Google News: MAHSEAMLES·20d ago

Maharashtra Seamless Limited Shareholders Approve Director Reappointment via Postal Ballot - scanx.trade

Google News: MAHSEAMLES·24d ago

Company Documents

Annual reports, concall transcripts & regulatory filings

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Annual Reports

Last 10 years of annual reports via Screener.in

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Concall Transcripts

Quarterly earnings call transcripts & investor presentations

↗🏛️

NSE Filings

Board meeting outcomes, shareholding patterns, corporate actions

↗📊

Balance Sheet & Cash Flow

10-year financial statements on Screener.in

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