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Investor Presentation

Maharashtra Seamless Investor Presentation: Key Takeaways

MSL reported Q1FY27 revenue of Rs 1,266 cr and PAT of Rs 271 cr. Management maintains a dominant 55% market share in seamless pipes.

Highlights
MarginsEBITDA margins fluctuating between 11% and 19% over last five quarters.
Order bookRs. 1,709 crore as of July 31, 2026.
Demand visibilityStrong Indian oil/gas demand projected to rise 30% by 2030.
Management confidenceHigh

Growth

PAT grew 15% YoY from Rs 234 cr in Q1FY26 to Rs 271 cr in Q1FY27; EBITDA margin at 17%.

Outlook

Planned Rs 852 cr capex for capacity enhancement and solar power, targeting Rs 1,900+ cr annual turnover increase.

Risks

Temporary production decline in Q1FY27 due to war-related gas supply disruption; delayed tender awards by oil companies.

Last quarter's promises, checked

Delivered

  • Guided margin improvement → EBITDA higher (= BEAT)
  • Guided Telangana finishing line POs INR 90 cr → POs issued (= BEAT)
  • Guided dispatch maintenance → 101k tons vs 103k tons previous (= BEAT)

Partly delivered

  • Guided EBITDA/ton INR 10k-15k → Current margin 17% (= PARTIAL)
Source

Investor Presentation filed with BSE, NSE: MAHSEAMLES. Summary written with AI assistance from the document.

Read the document ↗

Maharashtra Seamless Ltd: key numbers

Share price
₹715.65
Market cap
₹9,590 Cr
Revenue (annual)
₹4,674 Cr
Net profit (annual)
₹701.3 Cr
P/E (TTM)
13.0×Sector 19.0×
Promoter holding
70.28%+0.00% QoQ
FII holding
9.72%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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