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MAHS

Maharashtra Seamless NSEI:MAHSEAMLES Stock Report

Last Price

₹611.65

Market Cap

₹41.0b

7D

2.3%

1Y

91.7%

Updated

25 Jun, 2022

Data

Company Financials
MAHSEAMLES fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends2/6

MAHSEAMLES Stock Overview

Maharashtra Seamless Limited manufactures and sells seamless steel pipes and tubes in India.

Maharashtra Seamless Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Maharashtra Seamless
Historical stock prices
Current Share Price₹611.65
52 Week High₹647.90
52 Week Low₹288.15
Beta0.89
1 Month Change11.67%
3 Month Change9.65%
1 Year Change91.74%
3 Year Change42.89%
5 Year Change57.83%
Change since IPO484.05%

Recent News & Updates

Jun 09
Here's Why I Think Maharashtra Seamless (NSE:MAHSEAMLES) Is An Interesting Stock

Here's Why I Think Maharashtra Seamless (NSE:MAHSEAMLES) Is An Interesting Stock

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

MAHSEAMLESIN Metals and MiningIN Market
7D2.3%-4.1%2.3%
1Y91.7%-19.7%-0.9%

Return vs Industry: MAHSEAMLES exceeded the Indian Metals and Mining industry which returned -19.7% over the past year.

Return vs Market: MAHSEAMLES exceeded the Indian Market which returned -0.9% over the past year.

Price Volatility

Is MAHSEAMLES's price volatile compared to industry and market?
MAHSEAMLES volatility
MAHSEAMLES Average Weekly Movement5.5%
Metals and Mining Industry Average Movement7.7%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: MAHSEAMLES is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: MAHSEAMLES's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19881,444Saket Jindalhttps://www.jindal.com/msl

Maharashtra Seamless Limited manufactures and sells seamless steel pipes and tubes in India. It operates in 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 and drill pipes, coupling stocks, etc.; and hot finished pipes and tubes, and cold drawn and boiler tubes.

Maharashtra Seamless Fundamentals Summary

How do Maharashtra Seamless's earnings and revenue compare to its market cap?
MAHSEAMLES fundamental statistics
Market Cap₹40.97b
Earnings (TTM)₹3.80b
Revenue (TTM)₹42.00b

10.8x

P/E Ratio

1.0x

P/S Ratio

Is MAHSEAMLES overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAHSEAMLES income statement (TTM)
Revenue₹42.00b
Cost of Revenue₹28.66b
Gross Profit₹13.34b
Other Expenses₹9.54b
Earnings₹3.80b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)56.75
Gross Margin31.76%
Net Profit Margin9.05%
Debt/Equity Ratio19.2%

How did MAHSEAMLES perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

9%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is MAHSEAMLES undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MAHSEAMLES?

Other financial metrics that can be useful for relative valuation.

MAHSEAMLES key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.1x
Enterprise Value/EBITDA7.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does MAHSEAMLES's PE Ratio compare to its peers?

MAHSEAMLES PE Ratio vs Peers
The above table shows the PE ratio for MAHSEAMLES vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average24.7x

Price-To-Earnings vs Peers: MAHSEAMLES is good value based on its Price-To-Earnings Ratio (10.8x) compared to the peer average (24.7x).


Price to Earnings Ratio vs Industry

How does MAHSEAMLES's PE Ratio compare vs other companies in the Indian Metals and Mining Industry?

Price-To-Earnings vs Industry: MAHSEAMLES is good value based on its Price-To-Earnings Ratio (10.8x) compared to the Indian Metals and Mining industry average (12.1x)


Price to Earnings Ratio vs Fair Ratio

What is MAHSEAMLES's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MAHSEAMLES PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MAHSEAMLES's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of MAHSEAMLES when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MAHSEAMLES (₹611.65) is trading above our estimate of fair value (₹46.52)

Significantly Below Fair Value: MAHSEAMLES is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MAHSEAMLES's PEG Ratio to determine if it is good value.


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Future Growth

How is Maharashtra Seamless forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-13.1%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Maharashtra Seamless has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has Maharashtra Seamless performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


0.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MAHSEAMLES has high quality earnings.

Growing Profit Margin: MAHSEAMLES's current net profit margins (9.1%) are higher than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: MAHSEAMLES's earnings have grown by 0.4% per year over the past 5 years.

Accelerating Growth: MAHSEAMLES's earnings growth over the past year (287.8%) exceeds its 5-year average (0.4% per year).

Earnings vs Industry: MAHSEAMLES earnings growth over the past year (287.8%) exceeded the Metals and Mining industry 76.9%.


Return on Equity

High ROE: MAHSEAMLES's Return on Equity (10.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Maharashtra Seamless's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MAHSEAMLES's short term assets (₹26.5B) exceed its short term liabilities (₹8.4B).

Long Term Liabilities: MAHSEAMLES's short term assets (₹26.5B) exceed its long term liabilities (₹8.5B).


Debt to Equity History and Analysis

Debt Level: MAHSEAMLES's net debt to equity ratio (11.1%) is considered satisfactory.

Reducing Debt: MAHSEAMLES's debt to equity ratio has reduced from 23.3% to 19.2% over the past 5 years.

Debt Coverage: MAHSEAMLES's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: MAHSEAMLES's interest payments on its debt are well covered by EBIT (9.4x coverage).


Balance Sheet


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Dividend

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

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.82%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MAHSEAMLES's dividend (0.82%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: MAHSEAMLES's dividend (0.82%) is low compared to the top 25% of dividend payers in the Indian market (1.89%).


Stability and Growth of Payments

Stable Dividend: MAHSEAMLES's dividend payments have been volatile in the past 10 years.

Growing Dividend: MAHSEAMLES's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (8.8%), MAHSEAMLES's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: MAHSEAMLES is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

10.8yrs

Average board tenure


CEO

Saket Jindal (46 yo)

7.17yrs

Tenure

₹57,643,200

Compensation

Mr. Saket Jindal, BBA serves as the Managing Director of Maharashtra Seamless Limited since April 1, 2015. Mr. Jindal serves as the Managing Director of Kailash Maharashtra Seamless Ltd. He has been Additi...


CEO Compensation Analysis

Compensation vs Market: Saket's total compensation ($USD736.46K) is above average for companies of similar size in the Indian market ($USD260.99K).

Compensation vs Earnings: Saket's compensation has increased by more than 20% in the past year.


Board Members

Experienced Board: MAHSEAMLES's board of directors are seasoned and experienced ( 10.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Maharashtra Seamless Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Maharashtra Seamless Limited
  • Ticker: MAHSEAMLES
  • Exchange: NSEI
  • Founded: 1988
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: ₹40.974b
  • Shares outstanding: 67.00m
  • Website: https://www.jindal.com/msl

Number of Employees


Location

  • Maharashtra Seamless Limited
  • 2nd Floor
  • 5 Pusa Road
  • New Delhi
  • Delhi
  • 110 005
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.