Mahalaxmi Seamless Ltd
Incorporated in 1992, Mahalaxmi Seamless Ltd manufactures cold-drawn seamless pipes and tubes used in various industries.
- Market Cap ₹ 5.85 Cr.
- Current Price ₹ 11.1
- High / Low ₹ 15.8 / 7.59
- Stock P/E 23.4
- Book Value ₹ -0.89
- Dividend Yield 0.00 %
- ROCE 45.7 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.11% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
14.45 | 18.62 | 11.04 | 10.72 | 3.90 | 1.87 | 1.87 | 1.91 | 2.02 | 1.83 | 1.84 | 1.86 | |
16.21 | 18.07 | 11.08 | 12.34 | 3.59 | 1.21 | 1.25 | 0.97 | 0.99 | 1.00 | 1.09 | 1.13 | |
Operating Profit | -1.76 | 0.55 | -0.04 | -1.62 | 0.31 | 0.66 | 0.62 | 0.94 | 1.03 | 0.83 | 0.75 | 0.73 |
OPM % | -12.18% | 2.95% | -0.36% | -15.11% | 7.95% | 35.29% | 33.16% | 49.21% | 50.99% | 45.36% | 40.76% | 39.25% |
0.19 | 0.93 | 0.15 | 0.63 | -0.20 | 0.11 | 0.28 | 0.33 | 0.13 | 0.09 | -1.53 | 0.03 | |
Interest | 1.03 | 0.90 | 0.93 | 0.62 | 0.51 | 0.30 | 0.43 | 0.46 | 0.19 | 0.11 | 0.10 | 0.21 |
Depreciation | 0.66 | 0.65 | 0.59 | 0.60 | 0.60 | 0.60 | 0.58 | 0.55 | 0.52 | 0.47 | 0.44 | 0.36 |
Profit before tax | -3.26 | -0.07 | -1.41 | -2.21 | -1.00 | -0.13 | -0.11 | 0.26 | 0.45 | 0.34 | -1.32 | 0.19 |
Tax % | 4.60% | 85.71% | 3.55% | 2.71% | 0.00% | -30.77% | -9.09% | -53.85% | -20.00% | -14.71% | -6.82% | -31.58% |
-3.41 | -0.13 | -1.46 | -2.28 | -1.00 | -0.09 | -0.09 | 0.40 | 0.54 | 0.39 | -1.24 | 0.25 | |
EPS in Rs | -6.46 | -0.25 | -2.76 | -4.32 | -1.89 | -0.17 | -0.17 | 0.76 | 1.02 | 0.74 | -2.35 | 0.47 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -21% |
5 Years: | 0% |
3 Years: | -3% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 37% |
3 Years: | -23% |
TTM: | -24% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 11% |
3 Years: | 5% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.29 | 5.28 | 5.28 | 5.28 | 5.28 | 5.28 | 5.28 |
Reserves | -1.02 | -1.18 | -2.65 | -4.92 | -5.92 | -6.01 | -6.09 | -5.69 | -5.15 | -4.76 | -6.01 | -5.75 |
5.86 | 4.71 | 8.04 | 4.76 | 4.19 | 6.32 | 5.47 | 4.90 | 1.84 | 1.36 | 1.54 | 1.41 | |
7.21 | 7.89 | 5.08 | 4.66 | 3.34 | 3.03 | 2.90 | 2.72 | 2.35 | 2.22 | 2.34 | 2.04 | |
Total Liabilities | 17.34 | 16.71 | 15.76 | 9.79 | 6.90 | 8.63 | 7.56 | 7.21 | 4.32 | 4.10 | 3.15 | 2.98 |
7.52 | 6.82 | 6.35 | 5.88 | 5.40 | 4.80 | 4.23 | 3.69 | 3.18 | 2.85 | 2.42 | 2.21 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
9.82 | 9.89 | 9.41 | 3.91 | 1.50 | 3.83 | 3.33 | 3.52 | 1.14 | 1.25 | 0.73 | 0.77 | |
Total Assets | 17.34 | 16.71 | 15.76 | 9.79 | 6.90 | 8.63 | 7.56 | 7.21 | 4.32 | 4.10 | 3.15 | 2.98 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.14 | 1.69 | -2.72 | 1.11 | 1.30 | 0.58 | 0.50 | 0.69 | -5.00 | 0.82 | -0.61 | 0.37 | |
0.06 | 0.59 | -0.32 | 0.93 | -0.07 | -2.36 | 0.85 | 0.25 | 8.07 | 0.06 | 0.53 | -0.31 | |
-1.51 | -2.01 | 2.60 | -2.05 | -1.48 | 1.71 | -1.27 | -0.93 | -2.98 | -0.47 | 0.07 | -0.34 | |
Net Cash Flow | -0.31 | 0.27 | -0.43 | -0.01 | -0.25 | -0.07 | 0.08 | 0.01 | 0.10 | 0.40 | -0.01 | -0.28 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 25.26 | 57.83 | 31.08 | 10.21 | 16.85 | 31.23 | 33.18 | 42.04 | 34.33 | 9.97 | 7.93 | 31.40 |
Inventory Days | 228.40 | 151.30 | 473.89 | 154.54 | 12.71 | |||||||
Days Payable | 151.15 | 200.62 | 226.97 | 133.20 | 147.09 | |||||||
Cash Conversion Cycle | 102.51 | 8.51 | 277.99 | 31.56 | -117.53 | 31.23 | 33.18 | 42.04 | 34.33 | 9.97 | 7.93 | 31.40 |
Working Capital Days | 16.92 | 5.49 | 98.52 | 16.00 | -104.82 | -204.95 | -183.48 | -149.06 | -48.79 | -179.51 | -283.67 | -174.65 |
ROCE % | -18.18% | 8.87% | -4.51% | -22.52% | -5.29% | 3.71% | 6.24% | 15.74% | 19.81% | 23.38% | 26.02% | 45.71% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 May - Newspaper advertisement for financial results for quarter and year ended 31.03.2025
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Appointment Of Secretarial Auditor For F Y 2024-25
28 May - Appointment of M/s. Neelakshee R. Marathe & Co. as Secretarial Auditor for 2024-25 to 2028-29.
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Non Applicability Of Regulation 23(9) Of SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015 For F Y Ended 31.03.2025
28 May - Company exempt from SEBI Regulation 23(9) related party transaction disclosures for FY ended March 31, 2025.
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Financial Results For Quarter Ended 31 March 2025
28 May - Mahalaxmi Seamless announces audited FY25 financial results with unmodified audit opinion and secretarial auditor appointment.
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Audited Results For Quarter And Year Ended 31 March 2025
28 May - Board approved audited FY25 results with unmodified opinion; appointed secretarial auditor for FY25.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2012
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Financial Year 2011
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Financial Year 2009
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Financial Year 2008
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Product Profile:[1]
a) Precision Automotive Mechanical Tubes
b) Hydraulic Fuel Injection Tubes
c) Heat Exchanger Tubes
d) Bearings Tubes
e) Condenser Tubes
f) Boiler Tubes
g) Automotive Component Tubing
h) Super Heater Tubes
i) Heavy Walled Axle Shafts Tubes
j) Piston Tubes
k) Pneumatic Tubes