Maharashtra Seamless' Q2 FY 2025-26 Quarterly Results

Result Summary

• Maharashtra Seamless Ltd reported a 5.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 10.7%.
• Its expenses for the quarter were up by 5.9% QoQ and down 2.3% YoY.
• The net profit decreased 45.6% QoQ and decreased 43.1% YoY.
• The earnings per share (EPS) of Maharashtra Seamless Ltd stood at 9.35 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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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 company primarily engaged in the manufacturing of seamless pipes and tubes, which are critical components in various industries, including oil and gas, construction, and energy. Seamless pipes are known for their strength and reliability, making them suitable for high-pressure applications. The company operates within the broader industry sector of metal and metal products manufacturing. As of the recent data, there have been no specific major developments reported. Any additional specific information about recent strategic initiatives or projects is not available.

Revenue

In Q2FY26, Maharashtra Seamless Ltd reported a total income of ₹1234.43 crores. This represents a 5.4% decrease from the previous quarter (Q1FY26), where the total income was ₹1305.03 crores. When compared to the same quarter in the previous year (Q2FY25), the total income declined by 10.7% from ₹1382.54 crores. These figures highlight the changes in revenue generation over the reporting periods. The company’s revenue trends must be interpreted in the context of the industry dynamics and market conditions.

Profitability

The Profit Before Tax (PBT) for Q2FY26 was ₹172.81 crores, showing a significant decrease of 42.9% from the previous quarter's PBT of ₹302.84 crores. Compared to the same quarter last year, the PBT decreased by 41.6% from ₹295.72 crores. The Profit After Tax (PAT) for Q2FY26 was ₹125.23 crores, which is 45.6% lower than the previous quarter's PAT of ₹230.30 crores and 43.1% lower when compared to Q2FY25's PAT of ₹220.16 crores. Earnings Per Share (EPS) for Q2FY26 also reflected this downward trend, recorded at ₹9.35 compared to ₹17.19 in the previous quarter and ₹16.42 in the same quarter last year.

Operating Metrics

Total expenses for Q2FY26 were ₹1061.62 crores, which indicates an increase of 5.9% from Q1FY26, where expenses were ₹1002.19 crores. However, when compared to Q2FY25, total expenses decreased by 2.3% from ₹1086.82 crores. The tax expense for Q2FY26 was ₹43.91 crores, a decrease from ₹69.35 crores in Q1FY26 and from ₹71.65 crores in Q2FY25. These figures provide insights into the company’s cost management and tax liabilities over the quarters. Overall operating trends may require further examination in relation to market conditions and the company's operational strategies.