Maharashtra Seamless reported a Q4 profit after tax (PAT) of INR 107.5 crores for the fiscal year 2026, with an annual PAT of INR 718.2 crores. The company's board announced a dividend of INR 10 per share and also approved plans to shift its office to Haryana, while appointing the cost auditor for FY27.
Maharashtra Seamless Limited
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Maharashtra Seamless experiences a significant 57.5% drop in Q4 profits compared to the same quarter last year, accompanied by a decline in revenue. The board proposes a dividend of ₹10 per share following these results.
Maharashtra Seamless experiences a decrease in Q4 EBITDA to ₹2.36B, marking a year-over-year drop from ₹2.8B. The company's earnings margin also dipped to 18.4%, down from 20% compared to last year.
Maharashtra Seamless Ltd's new valuations suggest a promising investment opportunity due to lower P/E and P/BV ratios compared to industry averages, implying an attractive pricing structure.
Maharashtra Seamless Limited has established a new subsidiary named United Seamless Ltd, which aims to produce pipes, participate in offshore oil exploration, and generate power.
Maharashtra Seamless Limited has decided to close its subsidiary, Internovia Natural Resources FZ LLC. This move won't affect the company's ongoing operations or financial status as the subsidiary didn't contribute financially.