{"id":8810,"date":"2025-12-04T15:52:31","date_gmt":"2025-12-04T15:52:31","guid":{"rendered":"https:\/\/goodfundsadvisor.in\/?p=8810"},"modified":"2025-12-04T15:52:32","modified_gmt":"2025-12-04T15:52:32","slug":"maharashtra-seamless","status":"publish","type":"post","link":"https:\/\/goodfundsadvisor.in\/?p=8810","title":{"rendered":"Maharashtra Seamless Share Price Target 2026, 2027, 2028, 2029, 2030"},"content":{"rendered":"\n

Maharashtra Seamless (MAHSEAMLES) \u090f\u0915 leading seamless \u0914\u0930 ERW steel pipes \u0928\u093f\u0930\u094d\u092e\u093e\u0924\u093e \u0915\u0902\u092a\u0928\u0940 \u0939\u0948, \u091c\u094b oil & gas, power, infrastructure \u0914\u0930 engineering \u0938\u0947\u0915\u094d\u091f\u0930 \u0915\u094b supply \u0915\u0930\u0924\u0940 \u0939\u0948\u0964 \u0939\u093e\u0932 \u0915\u0947 \u0935\u0930\u094d\u0937\u094b\u0902 \u092e\u0947\u0902 \u0915\u0902\u092a\u0928\u0940 \u0928\u0947 strong volume growth, better margins \u0914\u0930 healthy balance sheet \u0915\u0940 \u092e\u0926\u0926 \u0938\u0947 \u0905\u091a\u094d\u091b\u093e \u092a\u094d\u0930\u0926\u0930\u094d\u0936\u0928 \u0915\u093f\u092f\u093e \u0939\u0948\u0964<\/p>\n\n\n\n

\u0915\u0902\u092a\u0928\u0940 \u0915\u0940 \u0932\u0947\u091f\u0947\u0938\u094d\u091f Performance<\/h2>\n\n\n\n

Q3 FY25 \u092e\u0947\u0902 Maharashtra Seamless \u0915\u0940 consolidated revenue \u0915\u0930\u0940\u092c \u20b91,408 \u0915\u0930\u094b\u0921\u093c \u0930\u0939\u0940, \u091c\u093f\u0938\u092e\u0947\u0902 EBITDA margin \u0932\u0917\u092d\u0917 19.9% \u0914\u0930 profit after tax \u0932\u0917\u092d\u0917 \u20b9186 \u0915\u0930\u094b\u0921\u093c \u0930\u0939\u093e, \u091c\u094b strong operational performance \u0926\u093f\u0916\u093e\u0924\u093e \u0939\u0948\u0964 Q2 FY25-26 \u092e\u0947\u0902 company \u0915\u0940 revenue \u092e\u0947\u0902 \u0932\u0917\u092d\u0917 5% QoQ \u0917\u093f\u0930\u093e\u0935\u091f \u091c\u0930\u0942\u0930 \u0926\u093f\u0916\u0940, \u0932\u0947\u0915\u093f\u0928 profit \u0914\u0930 margins overall comfortable range \u092e\u0947\u0902 \u092c\u0928\u0947 \u0930\u0939\u0947\u0964 September 2025 quarter \u092e\u0947\u0902 consolidated net sales \u0932\u0917\u092d\u0917 \u20b91,159 \u0915\u0930\u094b\u0921\u093c \u0930\u0939\u0940, \u091c\u094b \u0938\u093e\u0932-\u0926\u0930-\u0938\u093e\u0932 \u0932\u0917\u092d\u0917 10% \u0915\u0940 \u0917\u093f\u0930\u093e\u0935\u091f \u0939\u0948, \u0932\u0947\u0915\u093f\u0928 EBITDA \u0914\u0930 profitability \u092a\u093f\u091b\u0932\u0947 \u0915\u0908 \u0935\u0930\u094d\u0937\u094b\u0902 \u0915\u0940 \u0924\u0941\u0932\u0928\u093e \u092e\u0947\u0902 \u092e\u091c\u092c\u0942\u0924 \u0938\u094d\u0924\u0930 \u092a\u0930 \u0939\u0948\u0902\u0964<\/p>\n\n\n\n

Read More : IRFC Share Price Target 2026, 2027, 2028, 2029, 2030<\/a><\/strong><\/p>\n\n\n\n

Order Book \u0914\u0930 Future Visibility<\/h2>\n\n\n\n

January 2025 \u0924\u0915 \u0915\u0902\u092a\u0928\u0940 \u0915\u093e total order book \u0932\u0917\u092d\u0917 \u20b91,674 \u0915\u0930\u094b\u0921\u093c \u0925\u093e, \u091c\u094b \u0906\u0928\u0947 \u0935\u093e\u0932\u0947 quarters \u0915\u0947 \u0932\u093f\u090f \u0905\u091a\u094d\u091b\u0940 revenue visibility \u0926\u0947\u0924\u093e \u0939\u0948\u0964 Investor updates \u0915\u0947 \u0905\u0928\u0941\u0938\u093e\u0930 \u092c\u093e\u0926 \u0915\u0947 quarters \u092e\u0947\u0902 order book \u092e\u0947\u0902 \u0932\u0917\u092d\u0917 20% \u0915\u0940 \u0935\u0943\u0926\u094d\u0927\u093f \u0926\u0930\u094d\u091c \u0939\u0941\u0908 \u0914\u0930 \u092f\u0939 \u0932\u0917\u092d\u0917 \u20b91,378\u20131,700 \u0915\u0930\u094b\u0921\u093c \u0915\u0947 range \u092e\u0947\u0902 \u0926\u0947\u0916\u093e \u0917\u092f\u093e, \u091c\u094b medium term growth \u0915\u094b support \u0915\u0930\u0924\u093e \u0939\u0948\u0964 Management FY25 \u092e\u0947\u0902 seamless pipes \u0915\u0947 volumes \u092e\u0947\u0902 \u0932\u0917\u092d\u0917 7\u20138% \u0915\u0940 growth \u0914\u0930 FY27 \u0924\u0915 annual dispatch \u0932\u0917\u092d\u0917 5,00,000 tonnes \u0924\u0915 \u092a\u0939\u0941\u0902\u091a\u093e\u0928\u0947 \u0915\u093e target \u0930\u0916\u0924\u093e \u0939\u0948, \u091c\u094b capacity utilization \u0914\u0930 operating leverage \u0926\u094b\u0928\u094b\u0902 \u0915\u0947 \u0932\u093f\u090f positive \u0939\u0948\u0964<\/p>\n\n\n\n

Read More : RVNL Share Price Target 2026, 2027, 2028, 2029, 2030<\/a><\/strong><\/p>\n\n\n\n

Recent Results \u0914\u0930 Financial Ratios<\/h2>\n\n\n\n

\u092a\u093f\u091b\u0932\u0947 \u0915\u0941\u091b quarters \u092e\u0947\u0902 revenue \u0915\u0941\u091b \u0938\u092e\u092f \u092a\u0930 pressure \u092e\u0947\u0902 \u0930\u0939\u093e, \u0932\u0947\u0915\u093f\u0928 operating profit \u092e\u0947\u0902 \u0924\u0947\u091c \u0938\u0941\u0927\u093e\u0930 \u0926\u093f\u0916\u093e \u0939\u0948; \u090f\u0915 quarter \u092e\u0947\u0902 operating profit \u0932\u0917\u092d\u0917 \u20b9160 \u0915\u0930\u094b\u0921\u093c \u0924\u0915 \u092a\u0939\u0941\u0902\u091a\u093e \u0914\u0930 \u0938\u093e\u0932-\u0926\u0930-\u0938\u093e\u0932 140% \u0938\u0947 \u091c\u094d\u092f\u093e\u0926\u093e growth \u0926\u0930\u094d\u091c \u0939\u0941\u0908\u0964 Net profit margins \u0939\u093e\u0932 \u0915\u0947 quarters \u092e\u0947\u0902 \u0932\u0917\u092d\u0917 10\u201313% \u0915\u0947 range \u092e\u0947\u0902 \u0930\u0939\u0947 \u0939\u0948\u0902, \u091c\u094b cyclical steel\/tube \u0938\u0947\u0915\u094d\u091f\u0930 \u0915\u0947 \u0939\u093f\u0938\u093e\u092c \u0938\u0947 healthy \u092e\u093e\u0928\u0947 \u091c\u093e\u0924\u0947 \u0939\u0948\u0902\u0964 Valuation \u0915\u0940 \u092c\u093e\u0924 \u0915\u0930\u0947\u0902 \u0924\u094b latest data \u0915\u0947 \u0905\u0928\u0941\u0938\u093e\u0930 company \u0915\u093e P\/B ratio \u0932\u0917\u092d\u0917 1.2\u20131.3x \u0914\u0930 \u092a\u093f\u091b\u0932\u0947 5 \u0938\u093e\u0932 \u0915\u093e average \u092d\u0940 \u0932\u0917\u092d\u0917 1.2x \u0915\u0947 \u0906\u0938\u092a\u093e\u0938 \u0930\u0939\u093e \u0939\u0948, \u091c\u094b balance sheet strength \u0914\u0930 moderate valuation \u0926\u094b\u0928\u094b\u0902 \u0915\u094b reflect \u0915\u0930\u0924\u093e \u0939\u0948\u0964<\/p>\n\n\n\n

Past Share Performance<\/h2>\n\n\n\n

\u092a\u093f\u091b\u0932\u0947 5 \u0938\u093e\u0932\u094b\u0902 \u092e\u0947\u0902 Maharashtra Seamless \u0915\u0947 share price \u092e\u0947\u0902 \u0932\u0917\u092d\u0917 250\u2013550% \u0924\u0915 \u0915\u0940 \u0935\u0943\u0926\u094d\u0927\u093f \u0939\u0941\u0908 \u0939\u0948, \u091c\u094b long-term investors \u0915\u0947 \u0932\u093f\u090f strong wealth creation \u0926\u093f\u0916\u093e\u0924\u0940 \u0939\u0948\u0964 5 \u0938\u093e\u0932 \u0915\u0947 \u0905\u0902\u0926\u0930 stock \u0915\u093e highest level \u0932\u0917\u092d\u0917 \u20b91,097 \u0915\u0947 \u0906\u0938\u092a\u093e\u0938 \u0914\u0930 lowest level \u0932\u0917\u092d\u0917 \u20b9180\u2013200 \u0915\u0947 \u0906\u0938\u092a\u093e\u0938 \u0930\u0939\u093e, \u091c\u093f\u0938\u0938\u0947 clear \u0939\u094b\u0924\u093e \u0939\u0948 \u0915\u093f stock \u0928\u0947 \u090f\u0915 strong uptrend \u0914\u0930 re-rating phase \u0926\u0947\u0916\u093e \u0939\u0948\u0964 \u092a\u093f\u091b\u0932\u0947 \u090f\u0915 \u0938\u093e\u0932 \u092e\u0947\u0902 52-week high \u0932\u0917\u092d\u0917 \u20b9814 \u0914\u0930 recent 3-month range \u20b9540\u2013670 \u0915\u0947 \u092c\u0940\u091a \u0930\u0939\u093e \u0939\u0948, \u091c\u094b stock \u092e\u0947\u0902 consolidation \u0914\u0930 valuation reset \u0915\u093e \u0938\u0902\u0915\u0947\u0924 \u0926\u0947\u0924\u093e \u0939\u0948\u0964<\/p>\n\n\n\n

Maharashtra Seamless Share Price Target 2026, 2027, 2028, 2029, 2030<\/h2>\n\n\n\n

\u0928\u0940\u091a\u0947 \u0926\u093f\u092f\u093e \u0917\u092f\u093e table publicly available technical\/valuation-based targets \u0914\u0930 current fundamentals \u0915\u094b \u0927\u094d\u092f\u093e\u0928 \u092e\u0947\u0902 \u0930\u0916\u0924\u0947 \u0939\u0941\u090f \u090f\u0915 indicative \u0905\u0928\u0941\u092e\u093e\u0928 \u0939\u0948, \u092f\u0939 \u0915\u093f\u0938\u0940 \u092d\u0940 \u0924\u0930\u0939 \u0915\u0940 guaranteed return \u0928\u0939\u0940\u0902 \u0939\u0948\u0964<\/p>\n\n\n\n

Year<\/th>\u0905\u0928\u0941\u092e\u093e\u0928\u093f\u0924 Target Range (\u20b9)<\/th>Basis (Valuation\/Trend)<\/th><\/tr><\/thead>
2026<\/td>720 \u2013 870<\/td>\u0915\u0941\u091b sources \u0915\u0947 \u0905\u0928\u0941\u0938\u093e\u0930 2026 \u0915\u0947 \u0932\u093f\u090f downside target ~\u20b9720 \u0914\u0930 upside ~\u20b9870 \u092c\u0924\u093e\u092f\u093e \u0917\u092f\u093e \u0939\u0948; \u092f\u0939 \u092e\u093e\u0928\u0915\u0930 \u091a\u0932 \u0930\u0939\u0947 \u0939\u0948\u0902 \u0915\u093f earnings \u092e\u0947\u0902 mid-single digit growth \u0930\u0939\u0947\u0917\u0940 \u0914\u0930 P\/E re-rating \u0938\u0940\u092e\u093f\u0924 \u0930\u0939\u0947\u0917\u0940\u0964\u200b<\/td><\/tr>
2027<\/td>820 \u2013 980<\/td>\u092f\u0926\u093f volume growth 7\u20138% CAGR \u0914\u0930 margins stable \u0930\u0939\u0947, \u0924\u094b earnings expansion \u0938\u0947 15\u201320% higher range possible \u0939\u0948\u0964<\/td><\/tr>
2028<\/td>930 \u2013 1,120<\/td>Order book stable \u0930\u0939\u0947 \u0914\u0930 FY27 \u0924\u0915 5,00,000 tonnes dispatch target achieve \u0939\u094b \u091c\u093e\u090f, \u0924\u094b revenue \u0914\u0930 profit \u0926\u094b\u0928\u094b\u0902 \u092e\u0947\u0902 double-digit growth \u0915\u093e scope \u092c\u0928\u0924\u093e \u0939\u0948\u0964\u200b<\/td><\/tr>
2029<\/td>1,050 \u2013 1,260<\/td>Steel cycle supportive \u0930\u0939\u0928\u0947 \u092a\u0930 \u0914\u0930 capex efficiently utilize \u0939\u094b\u0928\u0947 \u092a\u0930 valuation premium \u092e\u093f\u0932 \u0938\u0915\u0924\u093e \u0939\u0948\u0964<\/td><\/tr>
2030<\/td>1,180 \u2013 1,400<\/td>Long-term \u092e\u0947\u0902 10\u201312% earnings CAGR \u0914\u0930 10\u201312x earnings multiple assume \u0915\u0930\u0928\u0947 \u092a\u0930 \u092f\u0939 band \u092c\u0928\u0924\u093e \u0939\u0948; global demand \u0914\u0930 commodity cycle key risk\/driver \u0930\u0939\u0947\u0902\u0917\u0947\u0964<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Main Growth Factors<\/h2>\n\n\n\n

Company \u0915\u093e key growth driver oil & gas, power \u0914\u0930 infrastructure projects \u0938\u0947 \u0906\u0928\u0947 \u0935\u093e\u0932\u0940 demand \u0939\u0948, \u091c\u0939\u093e\u0902 seamless pipes \u0914\u0930 ERW pipes \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0932\u0917\u093e\u0924\u093e\u0930 \u092c\u0928\u0940 \u0930\u0939\u0924\u0940 \u0939\u0948\u0964 Strong order book, FY27 \u0924\u0915 5,00,000 tonnes dispatch target, \u0914\u0930 stable EBITDA per tonne (FY25 \u0915\u0947 \u0932\u093f\u090f guidance \u0932\u0917\u092d\u0917 \u20b916,500 \u092a\u094d\u0930\u0924\u093f tonne) long-term growth visibility \u0915\u094b support \u0915\u0930\u0924\u0947 \u0939\u0948\u0902\u0964 Debt level manageable \u0939\u0948 \u0914\u0930 valuation P\/B \u0915\u0947 \u0939\u093f\u0938\u093e\u092c \u0938\u0947 \u092c\u0939\u0941\u0924 aggressive \u0928\u0939\u0940\u0902 \u0926\u093f\u0916\u0924\u093e, \u091c\u093f\u0938\u0938\u0947 downturn \u092e\u0947\u0902 \u092d\u0940 balance sheet relatively \u0938\u0941\u0930\u0915\u094d\u0937\u093f\u0924 \u0930\u0939\u0924\u0940 \u0939\u0948\u0964<\/p>\n\n\n\n\n\n<\/path><\/svg><\/span>Join WhatsApp Group<\/span><\/a>\n\n\n\n\n\n<\/path><\/svg><\/span>Join Telegram Chaneel<\/span><\/a>\n\n\n\n\n\n

Disclaimer<\/h2>\n\n\n\n

\u092f\u0939 article \u0915\u0947\u0935\u0932 educational \u0914\u0930 informational purpose \u0915\u0947 \u0932\u093f\u090f \u0939\u0948, \u0915\u093f\u0938\u0940 \u092d\u0940 \u0924\u0930\u0939 \u0915\u0940 investment, buy, sell \u092f\u093e hold \u0915\u0940 \u0938\u0932\u093e\u0939 \u0928\u0939\u0940\u0902 \u0939\u0948\u0964 \u092f\u0939\u093e\u0902 \u0926\u093f\u090f \u0917\u090f \u0938\u092d\u0940 targets \u0914\u0930 \u0905\u0928\u0941\u092e\u093e\u0928 public financial data, historical price trends \u0914\u0930 available projections \u092a\u0930 \u0906\u0927\u093e\u0930\u093f\u0924 \u0939\u0948\u0902, \u091c\u093f\u0928\u092e\u0947\u0902 \u0938\u092e\u092f \u0915\u0947 \u0938\u093e\u0925 \u092c\u0921\u093c\u093e \u092c\u0926\u0932\u093e\u0935 \u0906 \u0938\u0915\u0924\u093e \u0939\u0948; \u0928\u093f\u0935\u0947\u0936 \u0915\u093e \u0928\u093f\u0930\u094d\u0923\u092f \u0932\u0947\u0928\u0947 \u0938\u0947 \u092a\u0939\u0932\u0947 \u0905\u092a\u0928\u0947 financial advisor \u0938\u0947 \u0938\u0932\u093e\u0939 \u0932\u0947\u0902 \u0914\u0930 \u0916\u0941\u0926 research \u091c\u0930\u0942\u0930 \u0915\u0930\u0947\u0902\u0964<\/p>\n","protected":false},"excerpt":{"rendered":"

Maharashtra Seamless (MAHSEAMLES) \u090f\u0915 leading seamless \u0914\u0930 ERW steel pipes \u0928\u093f\u0930\u094d\u092e\u093e\u0924\u093e \u0915\u0902\u092a\u0928\u0940 \u0939\u0948, \u091c\u094b oil & gas, power, infrastructure \u0914\u0930 engineering \u0938\u0947\u0915\u094d\u091f\u0930 \u0915\u094b supply \u0915\u0930\u0924\u0940 \u0939\u0948\u0964 \u0939\u093e\u0932 \u0915\u0947 \u0935\u0930\u094d\u0937\u094b\u0902 \u092e\u0947\u0902 \u0915\u0902\u092a\u0928\u0940 \u0928\u0947 strong volume growth, better margins \u0914\u0930 healthy balance sheet \u0915\u0940 \u092e\u0926\u0926 \u0938\u0947 \u0905\u091a\u094d\u091b\u093e \u092a\u094d\u0930\u0926\u0930\u094d\u0936\u0928 \u0915\u093f\u092f\u093e \u0939\u0948\u0964 \u0915\u0902\u092a\u0928\u0940 \u0915\u0940 \u0932\u0947\u091f\u0947\u0938\u094d\u091f Performance Q3 FY25 \u092e\u0947\u0902 … Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":8812,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,8],"tags":[790,783,786,787,788,789,784,785],"class_list":["post-8810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","category-stocks-market","tag-maharashtra","tag-maharashtra-seamless","tag-maharashtra-seamless-limited","tag-maharashtra-seamless-ltd","tag-maharashtra-seamless-ltd-news","tag-maharashtra-seamless-news-today","tag-maharashtra-seamless-share","tag-maharashtra-seamless-share-price"],"_links":{"self":[{"href":"https:\/\/goodfundsadvisor.in\/index.php?rest_route=\/wp\/v2\/posts\/8810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodfundsadvisor.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodfundsadvisor.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodfundsadvisor.in\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/goodfundsadvisor.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8810"}],"version-history":[{"count":1,"href":"https:\/\/goodfundsadvisor.in\/index.php?rest_route=\/wp\/v2\/posts\/8810\/revisions"}],"predecessor-version":[{"id":8811,"href":"https:\/\/goodfundsadvisor.in\/index.php?rest_route=\/wp\/v2\/posts\/8810\/revisions\/8811"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/goodfundsadvisor.in\/index.php?rest_route=\/wp\/v2\/media\/8812"}],"wp:attachment":[{"href":"https:\/\/goodfundsadvisor.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodfundsadvisor.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodfundsadvisor.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}