Loading...

Maharashtra Seamless

NSEI:MAHSEAMLES
Snowflake Description

Adequate balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MAHSEAMLES
NSEI
₹31B
Market Cap
  1. Home
  2. IN
  3. Materials
Company description

Maharashtra Seamless Limited manufactures and sells seamless steel pipes and tubes in India. The last earnings update was 266 days ago. More info.


Add to Portfolio Compare Print
MAHSEAMLES Share Price and Events
7 Day Returns
-0.7%
NSEI:MAHSEAMLES
3.4%
IN Metals and Mining
4.1%
IN Market
1 Year Returns
6.4%
NSEI:MAHSEAMLES
-21.4%
IN Metals and Mining
0.1%
IN Market
MAHSEAMLES Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Maharashtra Seamless (MAHSEAMLES) -0.7% -3.4% -2% 6.4% 97.2% 52.1%
IN Metals and Mining 3.4% -5.2% -0.2% -21.4% 55.3% -6.3%
IN Market 4.1% -0.5% 7.6% 0.1% 35.2% 47.8%
1 Year Return vs Industry and Market
  • MAHSEAMLES outperformed the Metals and Mining industry which returned -21.4% over the past year.
  • MAHSEAMLES outperformed the Market in India which returned 0.1% over the past year.
Price Volatility
MAHSEAMLES
Industry
5yr Volatility vs Market
Related Companies

MAHSEAMLES Value

 Is Maharashtra Seamless undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Maharashtra Seamless. This is due to cash flow or dividend data being unavailable. The share price is ₹456.15.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Maharashtra Seamless's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Maharashtra Seamless's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:MAHSEAMLES PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹31.45
BSE:500265 Share Price ** BSE (2019-05-24) in INR ₹457.35
India Metals and Mining Industry PE Ratio Median Figure of 137 Publicly-Listed Metals and Mining Companies 9.99x
India Market PE Ratio Median Figure of 2,781 Publicly-Listed Companies 15.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Maharashtra Seamless.

NSEI:MAHSEAMLES PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:500265 Share Price ÷ EPS (both in INR)

= 457.35 ÷ 31.45

14.54x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Maharashtra Seamless is overvalued based on earnings compared to the IN Metals and Mining industry average.
  • Maharashtra Seamless is good value based on earnings compared to the India market.
Price based on expected Growth
Does Maharashtra Seamless's expected growth come at a high price?
Raw Data
NSEI:MAHSEAMLES PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.54x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
India Metals and Mining Industry PEG Ratio Median Figure of 22 Publicly-Listed Metals and Mining Companies 0.51x
India Market PEG Ratio Median Figure of 559 Publicly-Listed Companies 1.34x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Maharashtra Seamless, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Maharashtra Seamless's assets?
Raw Data
NSEI:MAHSEAMLES PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹437.31
BSE:500265 Share Price * BSE (2019-05-24) in INR ₹457.35
India Metals and Mining Industry PB Ratio Median Figure of 166 Publicly-Listed Metals and Mining Companies 1.03x
India Market PB Ratio Median Figure of 3,644 Publicly-Listed Companies 1.06x
NSEI:MAHSEAMLES PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:500265 Share Price ÷ Book Value per Share (both in INR)

= 457.35 ÷ 437.31

1.05x

* Primary Listing of Maharashtra Seamless.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Maharashtra Seamless is overvalued based on assets compared to the IN Metals and Mining industry average.
X
Value checks
We assess Maharashtra Seamless's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Maharashtra Seamless has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MAHSEAMLES Future Performance

 How is Maharashtra Seamless expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
26.1%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Maharashtra Seamless expected to grow at an attractive rate?
  • Unable to compare Maharashtra Seamless's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Maharashtra Seamless's earnings growth to the India market average as no estimate data is available.
  • Maharashtra Seamless's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
NSEI:MAHSEAMLES Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:MAHSEAMLES Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 26.1%
India Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 10.6%
India Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.1%
India Market Earnings Growth Rate Market Cap Weighted Average 16.9%
India Market Revenue Growth Rate Market Cap Weighted Average 10.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:MAHSEAMLES Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:MAHSEAMLES Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-03-31 36,691 1
2019-03-31 30,590 1
NSEI:MAHSEAMLES Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 21,497 927 2,107
2017-03-31 14,342 2,414 1,234
2016-03-31 10,187 1,224 -243

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Maharashtra Seamless is high growth as no earnings estimate data is available.
  • Maharashtra Seamless's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:MAHSEAMLES Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Maharashtra Seamless Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:MAHSEAMLES Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-03-31
2019-03-31
NSEI:MAHSEAMLES Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 31.45
2017-03-31 18.41
2016-03-31 -3.63

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Maharashtra Seamless is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Maharashtra Seamless's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Maharashtra Seamless has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MAHSEAMLES Past Performance

  How has Maharashtra Seamless performed over the past 5 years?

  • Maharashtra Seamless's last earnings update was 266 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Maharashtra Seamless's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Maharashtra Seamless's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Maharashtra Seamless's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Maharashtra Seamless's earnings growth has exceeded the IN Metals and Mining industry average in the past year (70.8% vs 35.8%).
Earnings and Revenue History
Maharashtra Seamless's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Maharashtra Seamless Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:MAHSEAMLES Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 21,496.62 2,107.31 679.35
2017-03-31 14,342.24 1,233.55 571.18
2016-03-31 10,186.78 -243.11 520.40
2015-03-31 13,546.66 1,166.97 499.22
2014-03-31 12,088.95 1,015.01 718.96
2013-03-31 17,293.62 1,524.36 782.07
2012-06-30 23,484.49 3,021.47 1,015.33

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Maharashtra Seamless has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Maharashtra Seamless used its assets less efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
  • Maharashtra Seamless has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Maharashtra Seamless's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Maharashtra Seamless has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MAHSEAMLES Health

 How is Maharashtra Seamless's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Maharashtra Seamless's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Maharashtra Seamless is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Maharashtra Seamless's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Maharashtra Seamless's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Maharashtra Seamless Company Filings, last reported 1 year ago.

NSEI:MAHSEAMLES Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 29,299.75 6,264.28 1,942.56
2017-03-31 27,463.61 6,399.63 3,740.44
2016-03-31 26,455.64 5,707.65 4,084.61
2015-03-31 29,341.63 7,786.06 3,505.51
2014-03-31 27,986.92 1,308.41 6,239.27
2013-03-31 28,146.71 1,447.61 5,788.14
2012-06-30
  • Maharashtra Seamless's level of debt (21.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (5.1% vs 21.4% today).
  • Debt is not well covered by operating cash flow (14.8%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 56.6x coverage).
X
Financial health checks
We assess Maharashtra Seamless's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Maharashtra Seamless has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MAHSEAMLES Dividends

 What is Maharashtra Seamless's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.31%
Current annual income from Maharashtra Seamless dividends.
If you bought ₹2,000 of Maharashtra Seamless shares you are expected to receive ₹26 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Maharashtra Seamless's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.53%).
  • Maharashtra Seamless's dividend is below the markets top 25% of dividend payers in India (1.98%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:MAHSEAMLES Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
India Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 63 Stocks 3.9%
India Market Average Dividend Yield Market Cap Weighted Average of 1407 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:MAHSEAMLES Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2020-03-31
2019-03-31
NSEI:MAHSEAMLES Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-09-27 6.000 1.268
2017-09-05 5.000 1.076
2016-08-30 2.500 0.845
2016-05-26 2.500 1.111
2015-09-07 5.000 3.142
2015-05-26 5.000 2.740
2014-05-26 6.000 2.311
2013-09-10 6.000 3.315
2013-05-24 6.000 2.957
2012-09-03 6.000 2.297
2011-08-04 6.000 1.728
2011-05-30 6.000 1.618
2010-08-31 6.000 1.622

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Maharashtra Seamless has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Maharashtra Seamless has only been paying a dividend for 9 years, and since then there has been no growth.
Current Payout to shareholders
What portion of Maharashtra Seamless's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (5.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Maharashtra Seamless's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Maharashtra Seamless afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Maharashtra Seamless has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MAHSEAMLES Management

 What is the CEO of Maharashtra Seamless's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Saket Jindal
COMPENSATION ₹15,332,400
AGE 43
CEO Bio

Mr. Saket Jindal, BBA serves as the Managing Director and Chief Executive Officer of Maharashtra Seamless Limited. Mr. Jindal serves as the Managing Director of Kailash Maharashtra Seamless Ltd. He has been Additional Director of Haryana Capfin Limited since March, 2019. He is a renowned industrialist and has more than 10 years experience in industry. He served as the Chairman of Haryana Capfin Limited and was its Non Executive Director from September 12, 2006 to April 22, 2015. He serves as a Director of Maharashtra Seamless Limited; The D.P. Jindal Group of Companies; MSL Steel & Mines Ltd.; Hydril Jindal International Pvt. Ltd., and Jindal Pipes Limited. Mr. Jindal holds a Graduate from Boston University USA and holds a Bachelor's Degree in Business Management.

CEO Compensation
  • Saket's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Saket's remuneration is about average for companies of similar size in India.
Management Team

Dharam Jindal

TITLE
Executive Chairman
COMPENSATION
₹20M
AGE
68

Saket Jindal

TITLE
MD & Director
COMPENSATION
₹15M
AGE
43

Dinesh Gupta

TITLE
VP, Company Secretary & Compliance Officer
COMPENSATION
₹3M
TENURE
9.4 yrs

Shiv Singhal

TITLE
Whole-Time Director
COMPENSATION
₹4M

Manish Kumar

TITLE
President
Board of Directors Tenure

Average tenure and age of the Maharashtra Seamless board of directors in years:

4.4
Average Tenure
64
Average Age
  • The tenure for the Maharashtra Seamless board of directors is about average.
Board of Directors

Dharam Jindal

TITLE
Executive Chairman
COMPENSATION
₹20M
AGE
68
TENURE
4.1 yrs

Saket Jindal

TITLE
MD & Director
COMPENSATION
₹15M
AGE
43
TENURE
17.7 yrs

Shiv Singhal

TITLE
Whole-Time Director
COMPENSATION
₹4M
TENURE
2.3 yrs

Roma Kumar

TITLE
Independent Non-Executive Director
COMPENSATION
₹210K
AGE
54
TENURE
4.8 yrs

Ashok Bhandari

TITLE
Director
AGE
65
TENURE
0.3 yrs

S. Raj

TITLE
Non-Executive Director
COMPENSATION
₹200K
AGE
64
TENURE
13.6 yrs

Sanjeev Ajay Rungta

TITLE
Independent Non-Executive Director
COMPENSATION
₹180K
AGE
58
TENURE
7.8 yrs

PN Vijay

TITLE
Independent Non-Executive Director
COMPENSATION
₹250K
AGE
67
TENURE
3.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Maharashtra Seamless insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
04. Apr 19 Buy Sudha Apparels Limited Company 03. Apr 19 03. Apr 19 100,000 ₹477.79 ₹47,779,168
28. Feb 19 Buy Dharam Jindal Individual 26. Feb 19 26. Feb 19 35,750 ₹467.85 ₹16,725,561
20. Feb 19 Buy Saket Jindal Individual 18. Feb 19 18. Feb 19 15,900 ₹450.78 ₹7,167,375
25. Jan 19 Buy Saket Jindal Individual 22. Jan 19 22. Jan 19 17,500 ₹491.19 ₹8,595,884
26. Oct 18 Buy Swot Trading & Services LLP Company 23. Oct 18 23. Oct 18 2,225 ₹446.77 ₹994,064
10. Oct 18 Buy Swot Trading & Services LLP Company 04. Oct 18 04. Oct 18 3,494 ₹423.73 ₹1,478,519
11. Sep 18 Buy Sudha Apparels Limited Company 07. Sep 18 07. Sep 18 100,000 ₹486.45 ₹48,644,648
04. Sep 18 Buy Sudha Apparels Limited Company 30. Aug 18 30. Aug 18 100,000 ₹489.80 ₹48,980,196
01. Aug 18 Buy Sudha Apparels Limited Company 26. Jul 18 26. Jul 18 55,000 ₹458.85 ₹25,236,813
28. Jul 18 Buy Sudha Apparels Limited Company 24. Jul 18 25. Jul 18 143,039 ₹453.12 ₹64,473,826
25. Jun 18 Buy Swot Trading & Services LLP Company 19. Jun 18 20. Jun 18 9,760 ₹452.41 ₹4,398,725
13. Jun 18 Buy Swot Trading & Services LLP Company 01. Jun 18 01. Jun 18 41,950 ₹445.22 ₹18,677,084
X
Management checks
We assess Maharashtra Seamless's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Maharashtra Seamless has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MAHSEAMLES News

Simply Wall St News

What Kind Of Share Price Volatility Should You Expect For Maharashtra Seamless Limited (NSE:MAHSEAMLES)?

Anyone researching Maharashtra Seamless Limited (NSE:MAHSEAMLES) might want to consider the historical volatility of the share price. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … See our latest analysis for Maharashtra Seamless What does MAHSEAMLES's beta value mean to investors?

Simply Wall St -

Is Maharashtra Seamless Limited's (NSE:MAHSEAMLES) 1.3% Dividend Worth Your Time?

Could Maharashtra Seamless Limited (NSE:MAHSEAMLES) be an attractive dividend share to own for the long haul? … With a 1.3% yield and a nine-year payment history, investors probably think Maharashtra Seamless looks like a reliable dividend stock. … When buying stocks for their dividends, you should always run through the checks below, to see if the dividend looks sustainable.

Simply Wall St -

Should You Be Adding Maharashtra Seamless (NSE:MAHSEAMLES) To Your Watchlist Today?

So if you're like me, you might be more interested in profitable, growing companies, like Maharashtra Seamless (NSE:MAHSEAMLES). … How Quickly Is Maharashtra Seamless Increasing Earnings Per Share. … Maharashtra Seamless maintained stable EBIT margins over the last year, all while growing revenue 50% to ₹21b.

Simply Wall St -

Why We’re Not Impressed By Maharashtra Seamless Limited’s (NSE:MAHSEAMLES) 6.4% ROCE

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Maharashtra Seamless (NSE:MAHSEAMLES) Shareholders Have Enjoyed An Impressive 241% Share Price Gain

For instance the Maharashtra Seamless Limited (NSE:MAHSEAMLES) share price is 241% higher than it was three years ago. … During three years of share price growth, Maharashtra Seamless achieved compound earnings per share growth of 22% per year. … In comparison, the 51% per year gain in the share price outpaces the EPS growth.

Simply Wall St -

Based On Its ROE, Is Maharashtra Seamless Limited (NSE:MAHSEAMLES) A High Quality Stock?

We'll use ROE to examine Maharashtra Seamless Limited (NSE:MAHSEAMLES), by way of a worked example. … One way to conceptualize this, is that for each ₹1 of shareholders' equity it has, the company made ₹0.068 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Have Insiders Been Buying Maharashtra Seamless Limited (NSE:MAHSEAMLES) Shares?

Maharashtra Seamless Insider Transactions Over The Last Year. … Over the last year, we can see that the biggest insider purchase was by MD & Director Saket Jindal for ₹8.6m worth of shares, at about ₹491 per share. … That means that even when the share price was higher, an insider wanted to purchase shares

Simply Wall St -

Is Maharashtra Seamless Limited's (NSE:MAHSEAMLES) Balance Sheet Strong Enough To Weather A Storm?

However, an important fact which most ignore is: how financially healthy is the business? … So, understanding the company's financial health becomes. … Here are few basic financial health checks you should consider before taking the plunge.

Simply Wall St -

Is Maharashtra Seamless Limited's (NSE:MAHSEAMLES) High P/E Ratio A Problem For Investors?

We'll look at Maharashtra Seamless Limited's (NSE:MAHSEAMLES) P/E ratio and reflect on what it tells us about the company's share price. … Maharashtra Seamless has a price to earnings ratio of 16.6, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Should You Be Worried About Maharashtra Seamless Limited's (NSE:MAHSEAMLES) 6.8% Return On Equity?

This article is for those who would like to learn about Return On Equity (ROE). … Another way to think of that is that for every ₹1 worth of equity in the company, it was able to earn ₹0.068. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

MAHSEAMLES Company Info

Description

Maharashtra Seamless Limited manufactures and sells seamless steel pipes and tubes in India. It operates in two segments, Steel Pipes & Tubes, and Power – Electricity. The company offers mild steel and galvanized pipes, API line pipes, oil country tubular goods (OCTG) pipes, and OTCG casing and tubing products; and hot finished pipes and tubes, cold drawn and boiler tubes, and OCTG drill pipes. It also provides coated pipes comprising external 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. The company’s products are used in oil and gas, hydro carbon process, bearing industry, automotive, boiler, heat exchanger, plumbing and firefighting, structural, general engineering, railways, sewage and water well, and hydraulic cylinder sectors. In addition, it operates 7 MW wind power project in Satara District, Maharashtra; 20 MW Solar PV plant in Rajasthan; and 10 MW Solar PV plant at Beed, Maharashtra. The company was incorporated in 1988 and is headquartered in New Delhi, India.

Details
Name: Maharashtra Seamless Limited
MAHSEAMLES
Exchange: NSEI
Founded: 1988
₹30,642,278,951
66,999,626
Website: http://www.jindal.com/msl
Address: Maharashtra Seamless Limited
5 Pusa Road,
2nd Floor,
New Delhi,
Delhi, 110005,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 500265 Equity Shares Mumbai Stock Exchange IN INR 17. Jun 1996
NSEI MAHSEAMLES Equity Shares National Stock Exchange of India IN INR 17. Jun 1996
Number of employees
Current staff
Staff numbers
0
Maharashtra Seamless employees.
Industry
Steel
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/25 12:51
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2019/02/19
Last earnings filing: 2018/09/01
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.