Maharashtra Seamless Limited Share Price and Company Fundamentals



Price
₹387.1
Change
13.200 (3.530%)
52 week
225.0 - 455.0

Last traded: Last Friday at 10:00 AM

Maharashtra Seamless Limited manufactures and sells seamless steel pipes and tubes in India. It operates through three segments: Steel Pipes & Tubes, Power – Electricity, and RIG. The company offers mild steel and galvanized pipes; API line pipes; oil country tubular goods (OCTG) pipes, such as casing tubing, drill pipes, coupling stocks, etc.; 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, as well as connections and pipe fittings. In addition, the company is involved in renewable power generation and rig operations. Further, the company operates 33 MW solar power plant in Rajasthan and 7 MW wind power project in Maharashtra. The company's products are used in the oil and gas, hydrocarbon process, bearing industry, automotive, boiler, heat exchanger, plumbing and firefighting, structural, general engineering, railways, sewage and water well, and hydraulic cylinder sectors. Maharashtra Seamless Limited was incorporated in 1988 and is headquartered in New Delhi, India.

Key Metrics

PE ratio

9.93

PB ratio

1.30

Dividend yield

0.00%

Beta

0.74

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Steel / Basic Materials
Full time employees 1431
Website https://www.jindal.com/msl
Mailing address 5 Pusa Road 2nd Floor New Delhi 110005 India
Phone / Fax /

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

6.40%

5Y Avg. yield

1.22%

Maharashtra Seamless Limited paid ₹0.00 dividend and the ex-dividend date was 07 Sept 2022.The dividend payout ratio is 6.40%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MAHSEAMLES dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MAHSEAMLES's forward dividend amount is ₹2.5 and the forward dividend yield is 0.64%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Maharashtra Seamless Limited.

Name Title Age Total Pay
Mr. Ram Ji Nigam Compliance Officer & Company Sec.
Mr. Raghav Jindal MD & Director 41
Mr. Sarat Kumar Mohanty Chief Financial Officer
Mukesh Dubey Head of Technical

Profitability and management effectiveness

Profit margin

9.86%

Operating margin

12.89%

Return on assets

8.07%

Return on equity

14.52%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Maharashtra Seamless Limited is and its enterprise value is .

The MAHSEAMLES's stocks Beta value is 0.74 making it 26% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Maharashtra Seamless Limited (NSE:MAHSEAMLES) Frequently Asked Questions

1. What is Maharashtra Seamless Limited's Stock Symbol?

Maharashtra Seamless Limited trades on NSE under the ticker symbol "MAHSEAMLES".

2. What is Maharashtra Seamless Limited's stock price today?

One share of MAHSEAMLES stock can currently be purchased for approximately ₹387.1.

3. How can I contact Maharashtra Seamless Limited?

Maharashtra Seamless Limited's mailing address is 5 Pusa Road 2nd Floor New Delhi 110005 India. The company can be reached via phone at .

4. What is Maharashtra Seamless Limited's official website?

The official website of Maharashtra Seamless Limited is https://www.jindal.com/msl.