Mahalaxmi Seamless Ltd (MAHALXSE) — shareholding pattern, promoter holding, financials and share price
About Mahalaxmi Seamless Ltd (MAHALXSE)
Mahalaxmi Seamless Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as MAHALXSE and on the BSE under scrip code 513460. Its ISIN is INE257F01017.
Incorporated in 1992, Mahalaxmi Seamless Ltd is in the business of Cold drawn Seamless Pipes and Tubes [1]
Mahalaxmi Seamless Limited (MSL) specializes in manufacturing cold drawn carbon steel pipes and tubes. It is ISO 9001:2000 certified and commenced operations in 1991.
MSL pioneered the development of several specialized steel grades, including SA213-T2 and SA213-T9, catering to strategic clients such as L&T Ltd and sectors like automobiles and refineries.
Listed peers in Iron & Steel Products: Shree Precoated Steels Ltd, MFS Intercorp Ltd, Aditya Ispat Ltd, Vallabh Steels Ltd, Elango Industries Ltd, Heera Ispat Ltd.
Valuation & Returns
10 Jul 2026At ₹8.1 a share on 10 Jul 2026, Mahalaxmi Seamless Ltd (MAHALXSE) was valued at a price-to-earnings ratio of -53.5x against an industry P/E of 37x. Solomo computes return on equity of 13.56% and return on capital employed of 12.82% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- -53.5x
- Industry P/E
- 37x
- EPS (TTM)
- ₹-0.15
- Book value / share
- ₹-0.89
- ROE
- 13.56%
- ROCE
- 12.82%
- ROA
- -2.69%
- Debt / equity
- -1.95x
- Dividend yield
- 0%
- EBITDA margin
- 16.4%
- 52-week range
- ₹7.05 – ₹10.64
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Mahalaxmi Seamless Ltd (MAHALXSE) reported revenue of ₹1.89 crore, net profit of ₹-0.07 crore and earnings per share of ₹-0.13. That compares with revenue of ₹1.86 crore and net profit of ₹0.25 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹0.51 crore and net profit ₹-0.33 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2.02 | 1.83 | 1.84 | 1.86 | 1.89 |
| Net profit (₹ cr) | 0.54 | 0.39 | -1.24 | 0.25 | -0.07 |
| EPS (₹) | 1.02 | 0.74 | -2.35 | 0.47 | -0.13 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -18.70% | -0.09% | -2.68% | 1.09% |
| Profit growth | - | - | -22.18% | 120.16% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 45.84% of Mahalaxmi Seamless Ltd (MAHALXSE) (unchanged from the previous quarter). Market capitalisation was ₹4 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2002.
Largest disclosed public shareholders in Jun 2026: MEGH SAKARIYA INTERNATIONAL PRIVATE LIMI 8.67%, HUF 1.97%, PRAKASH LALA 1.04%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 45.84% | - | - | - | 54.16% |
| Mar 2026 | 45.84% | - | - | - | 54.16% |
| Dec 2025 | 45.84% | - | - | - | 54.16% |
| Sep 2025 | 45.84% | - | - | - | 54.16% |
| Jun 2025 | 45.84% | - | - | - | 54.16% |
| Mar 2025 | 45.84% | - | - | - | 54.16% |
| Dec 2024 | 45.84% | - | - | - | 54.16% |
| Sep 2024 | 45.84% | - | - | - | 54.16% |