Maharashtra Seamless Ltd Share Price – NSE  / BSE

Capital Goods-Non Electrical Equipment, Small Cap

Maharashtra Seamless announced that NSE Sustainability Ratings and Analytics has assigned an Environmental, Social and Governance (ESG) score of ?56? (Rating Category: Moderate) to the Company, based on publicly available data.

Maharashtra Seamless has received affirmation in credit ratings at ICRA AA+; Stable / ICRA A1+ from ICRA.

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Net profit of Maharashtra Seamless rose 30.52% to Rs 242.86 crore in the quarter ended December 2025 as against Rs 186.07 crore during the previous quarter ended December 2024. Sales declined 22.57% to Rs 1090.29 crore in the quarter ended December 2025 as against Rs 1408.11 crore during the previous quarter ended December 2024.

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However, total revenue declined 8.48% year on year (YoY) to Rs 1,290.24 crore in Q3 FY26.

Profit before tax stood at Rs 319.46 crore in Q3 FY26, up 26.89% as against Rs 251.75 crore in Q3 FY25.

Total expenses decreased 16.18% YoY to Rs 967.55 crore. Employee benefits expense rose 8.26% to Rs 33.27 crore, while other expenses were lower by 10.28% at Rs 203.45 crore in Q3 FY26.

The company said its board has approved the reappointment of S. P. Raj as Whole-time Director for a period of one year, effective 31 March 2026, subject to shareholders? approval. It added that Raj is not debarred from holding the office of director under any order of SEBI or any other authority.

Maharashtra Seamless manufactures carbon and alloy steel seamless pipes, ERW steel pipes, and casting pipes. The company also operates a windmill.

Shares of Maharashtra Seamless rose 0.22% to Rs 515.75 on the BSE.

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