Maharashtra Seamless' Q3 FY 2025-26 Quarterly Results
- 29 Jan 2026
Result Summary
- Maharashtra Seamless Ltd reported a 4.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 8.5%.
- Its expenses for the quarter were down by 8.9% QoQ and 16.2% YoY.
- The net profit increased 93.8% QoQ and increased 30.4% YoY.
- The earnings per share (EPS) of Maharashtra Seamless Ltd stood at 18.12 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 1290.24 | 1234.43 | 1409.83 | 4.5% | -8.5% |
Total Expenses | 967.55 | 1061.62 | 1154.32 | -8.9% | -16.2% |
Profit Before Tax | 322.69 | 172.81 | 255.51 | 86.7% | 26.3% |
Tax | 76.81 | 43.91 | 65.69 | 74.9% | 16.9% |
Profit After Tax | 242.65 | 125.23 | 186.06 | 93.8% | 30.4% |
Earnings Per Share | 18.12 | 9.35 | 13.89 | 93.8% | 30.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Maharashtra Seamless Ltd is a prominent player in the steel pipe and tube industry, primarily engaged in the manufacturing of seamless pipes, ERW pipes, and coated pipes. Its products are widely used in industries such as oil and gas, power, and infrastructure. The company is recognized for its state-of-the-art manufacturing facilities and commitment to quality, serving both domestic and international markets. Based on available data, any recent major developments or strategic changes within the company are not specifically detailed here.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), Maharashtra Seamless Ltd reported a total income of ₹1290.24 crores. This represents a quarter-over-quarter (QoQ) increase of 4.5% compared to the second quarter of fiscal year 2026 (Q2FY26), where total income was ₹1234.43 crores. However, when compared to the same quarter in the previous year (Q3FY25), there is an 8.5% year-over-year (YoY) decline from ₹1409.83 crores. These figures reflect the company's revenue generation dynamics over the recent quarters and year.
Profitability
The company's profitability metrics for Q3FY26 show significant improvements both sequentially and annually. Profit Before Tax (PBT) stood at ₹322.69 crores, marking an 86.7% increase QoQ from ₹172.81 crores in Q2FY26, and a 26.3% YoY rise from ₹255.51 crores in Q3FY25. After accounting for taxes, the Profit After Tax (PAT) was ₹242.65 crores, up 93.8% QoQ from ₹125.23 crores and up 30.4% YoY from ₹186.06 crores. Earnings per share (EPS) mirrored this trend, increasing to ₹18.12 from ₹9.35 in the previous quarter and ₹13.89 in the same quarter last year, reflecting a 93.8% QoQ and 30.5% YoY growth.
Operating Metrics
Total expenses for Maharashtra Seamless Ltd in Q3FY26 amounted to ₹967.55 crores, showing a decrease of 8.9% QoQ from ₹1061.62 crores in Q2FY26 and a 16.2% YoY decrease from ₹1154.32 crores in Q3FY25. The tax provisions for the quarter were ₹76.81 crores, which increased by 74.9% QoQ from ₹43.91 crores and by 16.9% YoY from ₹65.69 crores. These operational expenses and tax figures outline the company's cost management and taxation landscape over the specified periods.