Maharashtra Seamless Ltd Share Price – NSE  / BSE

Capital Goods-Non Electrical Equipment, Small Cap

Maharashtra Seamless has received an order of Rs 217 crore from Oil & Natural Gas Corpn for supply of seamless pipes.

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On a consolidated basis, the company?s net profit dropped 43.1% year-on-year to Rs 125.23 crore, while total revenue declined 10.7% to Rs 1,234.43 crore in Q2 FY26 over Q2 FY25. Profit before tax stood at Rs 169.14 crore, down 42% from the year-ago period.

Total expenses decreased 2.3% YoY to Rs 1,061.62 crore. Employee benefits expense rose 9% to Rs 33.31 crore, while other expenses were lower by 7% at Rs 219.31 crore, indicating cost control efforts.

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

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On a consolidated basis, the company?s net profit declined 43.1% to Rs 125.23 crore on a 10.7% fall in total revenue to Rs 1,234.43 crore in Q2 FY26 over Q2 FY25. Profit before tax tumbled 42.0% year-on-year to Rs 169.14 crore in the quarter ended September 2025.

Total expenses fell 2.3% YoY to Rs 1,061.62 crore during the quarter. Employee benefits expense rose 9% to Rs 33.31 crore, while other expenses slipped 7% to Rs 219.31 crore compared with the same period last year, reflecting controlled cost measures.

Maharashtra Seamless manufactures carbon and alloy steel seamless pipes, ERW (electrical resistance welding) steel, and casting pipes. The company also owns a windmill.

Shares of Maharashtra Seamless declined 1.23% to settle at Rs 573.40 on the BSE.

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Net profit of Maharashtra Seamless declined 43.08% to Rs 125.26 crore in the quarter ended September 2025 as against Rs 220.08 crore during the previous quarter ended September 2024. Sales declined 10.31% to Rs 1158.67 crore in the quarter ended September 2025 as against Rs 1291.81 crore during the previous quarter ended September 2024.

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