Mahalaxmi Seamless Ltd
₹ 9.18
4.91%
12 Mar
- close price
About
Incorporated in 1992, Mahalaxmi
Seamless Ltd is in the business
of Cold drawn Seamless Pipes
and Tubes[1]
Key Points
- Market Cap ₹ 4.85 Cr.
- Current Price ₹ 9.18
- High / Low ₹ 14.1 / 7.58
- Stock P/E 15.2
- Book Value ₹ -0.53
- Dividend Yield 0.00 %
- ROCE 45.7 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- 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
Loading peers table ...
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 14.45 | 18.62 | 11.04 | 10.72 | 3.90 | 1.87 | 1.87 | 1.91 | 2.02 | 1.83 | 1.84 | 1.86 | 1.83 | |
| 16.21 | 18.07 | 11.08 | 12.34 | 3.59 | 1.21 | 1.25 | 0.97 | 0.99 | 1.00 | 1.09 | 1.13 | 1.10 | |
| 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 | 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% | 39.89% |
| 0.19 | 0.93 | 0.15 | 0.63 | -0.20 | 0.11 | 0.28 | 0.33 | 0.13 | 0.09 | -1.53 | 0.03 | 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 | 0.20 |
| 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 | 0.24 |
| 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 | 0.32 |
| 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 | 0.32 | |
| 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 | 0.60 |
| 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: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 37% |
| 3 Years: | -23% |
| TTM: | -18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 16% |
| 3 Years: | 6% |
| 1 Year: | -34% |
| 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 | Sep 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 | 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 | -5.56 |
| 5.86 | 4.71 | 8.04 | 4.76 | 4.19 | 6.32 | 5.47 | 4.90 | 1.84 | 1.36 | 1.54 | 1.41 | 1.28 | |
| 7.21 | 7.89 | 5.08 | 4.66 | 3.34 | 3.03 | 2.90 | 2.72 | 2.35 | 2.22 | 2.34 | 2.04 | 2.09 | |
| 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 | 3.09 |
| 7.52 | 6.82 | 6.35 | 5.88 | 5.40 | 4.80 | 4.23 | 3.69 | 3.18 | 2.85 | 2.42 | 2.21 | 2.12 | |
| 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 | -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 | -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 | 0.97 | |
| 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 | 3.09 |
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 | -76.54 | -43.91 | -93.23 | -131.43 | -143.19 | -286.93 | -191.28 | -170.08 | -65.05 | -195.46 | -388.80 | -347.34 |
| 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% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Factory Status Operational Status |
|
||||||||||
| Lease Rental Income INR Lakhs |
|||||||||||
| Software and IT Service Receipts INR Lakhs |
|||||||||||
| Number of Employees Count |
|||||||||||
| Trading Sales Volume Value INR Lakhs |
|||||||||||
Requires Premium
Requires Premium
Documents
Announcements
- Newspaper Publication Of Unaudited Financial Results For The Quarter Ended December 31, 2025 14 Feb
-
December 2025
13 Feb - Board approved unaudited results for quarter ended Dec 31, 2025; meeting held Feb 13, 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 13Th February, 2026
13 Feb - Board approved unaudited financial results for quarter/nine months ended 31 Dec 2025; auditor limited review dated 13 Feb 2026.
-
Board Meeting Intimation for Intimation Of Board Meeting To Be Held On Friday 13Th February, 2026
9 Feb - Board meeting on 13 Feb 2026 to approve unaudited Q3 results ended Dec 31, 2025.
-
Non-Applicability Of Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (Listing
Obligations And Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations)
20 Jan - No deviation/variation in issue proceeds for quarter ended 31 Dec 2025.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2009
from bse
Business Overview:[1][2]
MSL manufactures cold-drawn seamless pipes and tubes used in various industries such as oil and gas, petrochemicals, engineering, and power.
As of FY25, the company is in the business of creating software to automate business processes of various clients and developing software products.