Maharashtra Seamless' Q1 FY 2025-26 Quarterly Results

Result Summary

• Maharashtra Seamless Ltd reported a 3.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 7.3%.
• Its expenses for the quarter were up by 4.0% QoQ and down 4.8% YoY.
• The net profit increased 5.5% QoQ and increased 78.7% YoY.
• The earnings per share (EPS) of Maharashtra Seamless Ltd stood at 17.2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

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 industry, primarily engaged in the manufacture of seamless pipes and tubes. These products are essential in various sectors, including oil and gas, power, and automotive industries, due to their high strength and durability. The company is headquartered in Maharashtra, India, and has established itself as a significant supplier in both domestic and international markets. As of the latest financial data, Maharashtra Seamless Ltd has continued to focus on expanding its production capabilities and enhancing product quality to meet the growing demand in infrastructure and energy sectors.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), Maharashtra Seamless Ltd reported a total income of ₹1305.03 crores. This represents a quarter-over-quarter (QoQ) increase of 3.7% compared to ₹1258.90 crores in Q4FY25. Year-over-year (YoY), the company achieved a 7.3% growth from ₹1215.78 crores in Q1FY25. The increase in total income reflects an upward trend in revenue generation, indicating a period of financial growth compared to both the preceding quarter and the same quarter of the previous year.

Profitability

For Q1FY26, Maharashtra Seamless Ltd achieved a profit before tax (PBT) of ₹302.84 crores, marking a 2.7% QoQ increase from ₹294.83 crores in Q4FY25. When comparing year-over-year, the PBT surged by 85.4% from ₹163.32 crores in Q1FY25. The profit after tax (PAT) for Q1FY26 was ₹230.30 crores, reflecting a 5.5% QoQ rise from ₹218.28 crores in Q4FY25 and a significant 78.7% YoY increase from ₹128.84 crores in Q1FY25. The earnings per share (EPS) for the quarter stood at ₹17.20, which is also a 5.5% increase QoQ and a 77.3% increase YoY. These figures highlight a strong profitability performance for the company during this period.

Operating Metrics

During Q1FY26, the company's total expenses amounted to ₹1002.19 crores, which increased by 4.0% QoQ from ₹964.07 crores in Q4FY25 but decreased by 4.8% YoY from ₹1052.46 crores in Q1FY25. This indicates a slight increase in operational costs compared to the last quarter, yet an overall reduction compared to the previous year. The tax expense for Q1FY26 was ₹69.35 crores, a decrease of 2.9% from Q4FY25's ₹71.45 crores, but an increase of 139.7% from Q1FY25's ₹28.93 crores. This significant YoY rise in tax expense aligns with the increased profitability, reflecting higher taxable income. The company's ability to manage expenses while increasing revenue and profitability is evident in these operating metrics.