Mahalaxmi Seamless Ltd.

BSE: MAHALXSE · Iron & Steel Products · sector

₹10.34BSE close 2026-10-14

Key numbers

Market cap₹5 cr

Price₹10.34

52w high / low₹12 / ₹7

P/E8.3xSector median 15.5x

P/B–Sector median 1.7x

Book value₹-1.0

Dividend yield–Sector median 0.60%

ROE–Sector median 11.1%

ROCE28.2%Sector median 11.9%

OPM13.3%Sector median 6.7%

Debt / equity–Sector median 0.21x

EV/EBITDA22.6xSector median 11.8x

Interest cover0.7x

Current ratio0.42x

Sales growth 3y-2.2%Sector median +2.1%

Profit growth 3y–Sector median +13.0%

PEG–

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹0 cr vs borrowings ₹1 cr (FY26): borrowings are higher by ₹1 cr.
Operating profit covered interest 0.7x in the last 12 months.
Net loss in 1 of the last 6 quarters.
No dividend in the last 5 financial years.
Price ₹10.34 on 2026-10-14: -10.8% from the 52-week high, +46.7% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹14.85 · low ₹7.40

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	0	0	0	0	1	1
EBITDA	0	0	0	0	-0	0
OPM %	37.8%	51.1%	40.0%	31.2%	-51.0%	33.9%
Other income	0	0	0	0	0	0
Net profit	0	0	0	0	-0	0
EPS (₹)	0.13	0.18	0.19	0.12	0.63	0.30
Revenue YoY					+13.3%	+37.8%
Profit YoY					-571.4%	+77.8%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	2	2	2	2	2	2
EBITDA	1	1	-1	1	0	0
Net profit	1	1	-1	0	-0	-0
EPS (₹)	1.02	1.02	-2.35	0.48	0.14	1.24
Revenue growth		0.0%	-8.4%	+0.5%	+1.6%	–
Profit growth		0.0%	-329.6%	–	-128.0%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	-2.2%	–	–
Net profit	–	–	–
EPS	-48.4%	–	–
Share price	–	0.0% (2y)	+30.1%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	-0	-1
Borrowings	1	1
Cash & equivalents	0	0
Total assets	3	3
Fixed assets	0	0
Capital work in progress	0	0
Investments	0	0
Receivables	0	0
Inventory	0	0
Payables	0	0

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	0	1
Cash from investing	-0	-0
Cash from financing	-0	-1
Capex	0	0
Free cash flow	0	1

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	-54.4%	13.5%
ROCE %	42.8%	22.2%
Debtor days	32	32
Inventory days	0	0
Payable days	1,843	45
Cash conversion cycle (days)	-1,811	-13
Working capital days	-284	-230

Peers in Iron & Steel Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
WELCORP	₹61,798 cr	26.7x	6.8x	27.8%	19.2%	13.9%	+19.8%	0.21%
APLAPOLLO	₹57,703 cr	46.9x	10.9x	25.9%	30.1%	8.0%	+12.6%	0.28%
SHYAMMETL	₹31,351 cr	28.0x	2.7x	7.8%	14.2%	12.9%	+13.7%	0.36%
RATNAMANI	₹16,345 cr	37.8x	4.0x	11.2%	15.7%	16.7%	+0.1%	0.60%
JINDALSAW	₹14,824 cr	26.9x	1.2x	4.4%	7.2%	9.5%	+0.1%	0.86%
USHAMART	₹14,192 cr	27.9x	4.3x	16.8%	20.1%	19.6%	+4.1%	0.64%
GALLANTT	₹12,989 cr	31.9x	3.7x	12.4%	14.2%	13.8%	+3.1%	0.08%
GPIL	₹11,769 cr	14.6x	2.0x	15.1%	18.7%	21.4%	-2.2%	0.54%
JAYNECOIND	₹8,607 cr	12.5x	2.6x	23.4%	25.6%	18.9%	+4.0%	–
MAHALXSE	₹5 cr	8.3x	–	–	28.2%	13.3%	-2.2%	–

All 118 companies in Iron & Steel Products →

Dividends & corporate actions

Ex-date	Action	Detail
2007-11-27	Dividend	Interim Dividend Rs 0.5

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Iron & Steel Products
Sub-industry	Iron & Steel Products
Symbol	MAHALXSE
BSE code	513460
ISIN	INE257F01017
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-24 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-14.