Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

Maharashtra Seamless Limited manufactures and sells seamless steel pipes and tubes in India. It operates through 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, drill pipes, coupling stocks, etc.; and hot finished pipes and tubes, and cold drawn and boiler tubes. It also provides coated pipes, including 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. In addition, the company is involved in renewable power generation and rig operations. Further, the company operates 52.5 MW solar power plant in Rajasthan & Maharashtra and 7 MW wind power project in Maharashtra. Its products are used in the oil and gas, hydrocarbon process, bearing industry, automotive, boiler, heat exchanger, plumbing and firefighting, structural, general engineering, railways, sewage and water well, and hydraulic cylinder sectors. The company was incorporated in 1988 and is headquartered in Gurugram, India.

Revenue projections:

Revenue projections for MAHSEAMLES
Revenue projections for MAHSEAMLES

MAHSEAMLES's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 16.345000
forwardPE 10.275152
debtToEquity 0.002000
earningsGrowth 0.108000
revenueGrowth 0.167000
grossMargins 0.370370
operatingMargins 0.183220
trailingEps 58.040000
forwardEps 0.000000

Maharashtra Seamless Limited's current ratio of 16.345, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as Maharashtra Seamless Limited has enough cash and current assets to handle its immediate liabilities comfortably.
MAHSEAMLES's Forward PE being in a good range indicates that the stock is valued appropriately based on its earnings. This suggests the stock is not overpriced and leaves room for growth, providing investors with an opportunity for potential appreciation in value.
MAHSEAMLES's positive earnings and revenue growth indicate that the company is on track to expand its business. This growth suggests a strong financial outlook, with increasing profits and sales positioning MAHSEAMLES for continued success in the market.

Insider Transactions:

Insider Transactions for MAHSEAMLES
Insider Transactions for MAHSEAMLES


MAHSEAMLES stock was bought in 12 transactions, while the market price was at 613.8958333333334.No buy transactions were carried out during the period under review.More sells than buys at MAHSEAMLES's current price levels suggest potential weakness. If this trend continues, the stock may experience further price declines as selling pressure increases.

Recommendation changes over time:

Recommendations trend for MAHSEAMLES
Recommendations trend for MAHSEAMLES


The recent buy bias for MAHSEAMLES from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see MAHSEAMLES as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.