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Maharashtra Seamless Ltd

Q1 FY27Industrial Products

Maharashtra Seamless Ltd Q1 FY27 Results & Presentation Highlights: Revenue, Margins & Order Book

Q1 FY27 investor presentation: what the company reported on revenue, margins and projects.

Price₹709
Market cap₹9.6K Cr
P/E13.0
Updated25 Sept 2026
Read4 min read

Based on Maharashtra Seamless Ltd's Q1 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Revenue (Q1 FY27): Rs. EBITDA for Q1 FY27: Rs.

From Maharashtra Seamless Ltd's Q1 FY27 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

  • Revenue (Q1 FY27): Rs. 1,091 crore from operations (Page 7)
  • Revenue (Q1 FY26): Rs. 1,143 crore from operations, indicating a ~4.5% decline year-on-year (Page 7)
  • Sales Volume (Q1 FY27):
  • Seamless pipes: 96 kMT
  • ERW pipes: 20 kMT (Page 9)
  • Sales Volume (Q1 FY26):
  • Seamless pipes: 103 kMT

2 more points management made on revenue & sales performance

Profitability & Margins

See what Maharashtra Seamless Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

- Total planned capital expenditure: Rs. 852 crore, funded fully from accumulated cash and internal accruals (Page 15). - Key projects and estimated annual turnover increases: • Heat treatment, finishing facilities & EMI capacity enhancement at Narketpally (USTPL) – Rs. 184 crore; turnover increase by Rs. 800 crore. • Solar plant (captive) for cost savings – Rs. 80 crore; annual cost savings by Rs. 20 crore. • Complete line for cold drawn pipes including pilger & drawbench at Mangaon (MSL) – Rs. 100 crore; turnover increase by Rs. 50 crore. • OCTG line & billet pre-heating surface – Rs. 95 crore; turnover increase by Rs. 50 crore. • Hot mill upgrade to PQF (14”) at Nagothane (MSL) – Rs. 350 crore; turnover increase by Rs. 1000 crore. • EMI machine (14”), 3 Roll sizing mill (14”) – Rs. 22 crore (normal replacement). • Flying saw & Ultrasonic Testing Machine (7”) – Rs. 10 crore. • Mill upgrade including annealer, hydro, Ultrasonic Testing (ERW) – Rs. 6 crore. • Electronic upgrade of EMI & Ultrasonic Testing Machine (OCTG) – Rs. 5 crore.

2 more points management made on capital expenditure plans

Top-ranked in Industrial Products

Ranked on what management guided this quarter

5x potential
1Susan Electricals India Ltd
Rev 1Mar 1
2Shera Energy
Rev 1Mar 1
3
Rev 1Mar 1
4
Rev 1Mar 2
5
Rev 1Mar 2
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Maharashtra Seamless Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • As of 31 July 2026, Maharashtra Seamless Limited's order book totals Rs. 1,709 crore.
  • Breakdown by segment and region:
  • ONGC & Oil India Limited: Rs. 714 crore (42%), includes drill pipes orders worth Rs. 2 crore.
  • Others: Rs. 995 crore (58%), includes cylinder pipe orders worth Rs. 100 crore.
  • The company has back-to-back booking of raw materials, which helps in locking margins and mitigating raw material price volatility.
  • Orders for subsea sour service seamless pipes and drill pipes have been dispatched; fresh orders for drill pipes are awaited.

2 more points management made on order book & pipeline

Maharashtra Seamless Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.3K Cr, net profit ₹103 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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What Maharashtra Seamless Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Maharashtra Seamless Ltd Q1 FY27 results?

Revenue (Q1 FY27): Rs. EBITDA for Q1 FY27: Rs.

What is Maharashtra Seamless Ltd share price analysis?

Maharashtra Seamless Ltd currently shows a neutral. The stock trades at a P/E of 13.0 with a market cap of ₹9,615 Cr. Investors should review the full earnings analysis for detailed insights.

Is Maharashtra Seamless Ltd planning capital expenditure?

Total planned capital expenditure: Rs.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.