Mahalaxmi Seamless Ltd.
Snapshot View

6.66 +0.31 ▲4.9%

23 July 2021, 04:00:00 P.M.
Volume: 302

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Steel & Iron Products Compare with Industry peers
Website http://www.majalaxmitubes.com
Financial Indicators
Market Cap 3.51 Cr.
Earnings per share (EPS) 0.77 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 8.70 Trailing Twelve Months Ending 2021-03
Industry PE 19.75 Trailing Twelve Months Ending 2021-03
Book Value / Share -0.81 Trailing Twelve Months Ending 2021-03
Price to Book Value -8.21 Calculated using Price: 6.66
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 0.53 Cr. 5,262,800 Shares
FaceValue 10
Company Profile

Mahalaxmi Seamless Limited is India's number one heat exchanger seamless tubes manufacturers of Carbon and Alloy Steel, Cold Drawn Seamless Tubes / Pipes. Mahalaxmi represents a reputed brand for highest quality cold drawn seamless tubes.

The company has a cold drawing facility for carbon and alloy steel seamless tubes / pipes in India. It offers high quality tubes and pipes in a wide range of sizes. The tubes of the company are patronized by Heat Exchanger manufacturers and users. We represent a reputed brand for highest quality cold drawn seamless tubes.

The raw material billets or mother tubes are sourced from reputed Indian or global manufacturers after due diligence and quality checks. Their sourcing strives to procure only the best material in order to produce the best tubes.

The manufacturing process begins with a piercing mill followed by a comprehensive 9-tank surface treatment plant. At the heart of its manufacturing genius are two bright annealing furnaces capable of fashioning a wide range of surface finishes. These are controlled atmosphere furnaces with inert gases that leave the surface bright and shining. Built around these are their variegated pointing, swaging, drawing, straightening and cutting machines that helps to serve any and all customer's requirements.

Quality at Mahalaxmi is such an obsession that, like breathing, it is just a way of life. All products manufactured by them are subjected to most stringent quality control procedures. They have a fully equipped mechanical lab containing metal spectra scope, 100 M.T. capacity tensile tester, Hardness tester, Microscope, Dead weight pressure gauge calibrator etc. They boast both encircling coil and roto-probe types of Eddy Current Testing facilities for all kind of internal and external flaw detection. And they have hydro-testing installations for straight as well as U-Tubes that can test up to pressures of 800 bars.

Mahalaxmi works very hard to meet all its commitments and promises to keep our customer's lives stress-free. It likes to deliver on time every time.

Product range of the company includes:

  • Heat Exchanger Tubes / Boiler Tubes  Mahalaxmi Seamless Ltd is India's Number one Heat Exchanger Seamless Tubes Manufacturer in Carbon and Alloy Steel
  • Hydraulic / Fuel Injection Tubes Hydraulic Tubes can be supplied under conditions according to DIN 2391 Part 2 in various grades mentioned overleaf. Fuel Injection Tubes can be supplied in lower tolerance than mentioned above. It can be supplied according to conditions mentioned in ISO-8535.
  • Precision Automotive / Mechanical Tubes   Mahalaxmi brings superior quality hollow section profiles (square, rectangle, hexagonal etc) made of the best raw materials. This hollow section profiles are available in different lengths, thickness and weights. The product can also be manufactured as per the specifications of the customers.

Awards/ Achievements

  • A proud awardee of the prestigious ‘Well Known Tube Maker’ title from the Indian Boiler Regulation Board allowing Mahalaxmi self-certification authority, a rare honour indeed. They are on way to becoming TS 16949 compliant soon
  • Mahalaxmi Seamless Limited is an ISO 9001: 2000 certified company and is en-route to being a TS16949 certified company by September 2006.
  • The company is certified by TUV in India to supply to European Union (EU) under Pressure Equipment Directive (PED) and AD 2000 WO certification.
  • It has been selected by CBI (a Dutch government organization chartered to promote import from developing countries into EU) after a comprehensive audit of their systems and processes.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.88%
1 Week
+12.31%
1 Month
+88.67%
3 Month
+120.53%
6 Month
+70.77%
1 Year
-9.02%
2 Year
-13.28%
5 Year
+112.10%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -13.36 -36.94 -57.17 -3.16 -43.45 -152.03
Return on Capital Employed (%) -1.78 -11.05 -17.91 8.58 -4.99 -18.14 -8.01 3.06 6.30
Return on Assets (%) -5.85 -14.58 -19.15 -0.78 -9.01 -17.82 -11.95 -1.17 -1.12

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 11 8 4 4 3 0 -1 -1 -1
Non Curr. Liab. 2 2 3 3 3 3 6 8 7
Curr. Liab. 16 8 10 10 10 7 2 2 1
Minority Int.
Equity & Liab. 29 18 17 17 16 10 7 9 8
Non Curr. Assets 11 10 9 8 8 7 7 8 7
Curr. Assets 18 8 8 9 8 3 0 0 0
Misc. Exp. not W/O
Total Assets 29 18 17 17 16 10 7 9 8

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 32 26 15 19 11 11 4 2 2
Other Income 1 1 0 1 0 1 0 0 0
Total Income 33 27 15 19 11 11 4 2 2
Total Expenditure -32 -28 -16 -18 -11 -12 -4 -1 -1
PBIDT 1 -1 -2 1 0 -1 0 1 1
Interest -1 -2 -1 -1 -1 -1 -1 0 0
Depreciation -1 -1 -1 -1 -1 -1 -1 -1 -1
Taxation 0 0 0 0 0 0 0 0
Exceptional Items 0
PAT -2 -3 -3 0 -1 -2 -1 0 0

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 2 1 2 -3 1 1 1 1
Cash Fr. Inv. 1 0 1 0 1 0 -2 1
Cash Fr. Finan. -3 -2 -2 3 -2 -1 2 -1
Net Change -1 0 0 0 0 0 0 0
Cash & Cash Eqvt 1 1 1 0 0 0 0 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 45.64 45.64 45.64 45.64 45.64 45.64 45.64 45.64 45.64
Public 54.36 54.36 54.36 54.36 54.36 54.36 54.36 54.36 54.36
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Mahalaxmi Seamless Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Mon, 19 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Respected Sir

Pursuant to Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we are enclosing a copy of advertisement(s) published in the newspaper viz. Navshakti covering the intimation of dispatch of notice of Annual General Meeting and e-voting process.

Please take on records and acknowledge the same.
Sat, 17 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Respected Sir/Madam

This is to inform that 30th Annual General Meeting of the Company will be held on Monday 09th August 2021 at 11:00 a.m. through Video Conferencing/Other Audio Visual Means.

Pursuant to the applicable provisions of the Companies Act 2013 and the Rules made thereunder General Circular No. 20/2020 dated 5th May 2020 read with General Circular No. 17/2020 dated 13th April 2020 and General Circular No. 14/2020 dated 8th April 2020 issued by the Ministry of Corporate Affairs and Circular No. SEBI/H0/CFD/CM01/CIR/P/2020/79 dated 12th May 2020 issued by SEBI we hereby submit copies of the newspaper advertisement published on 17th July 2021 in the newspaper viz. The Free Press Journal (English) and Navshakti (Marathi) published to intimate the members of the Company about holding 30th Annual General Meeting of the Company on Monday 09th August 2021 at 11:00 a.m. through Video Conferencing (VC)/Other Audio Visual Means (OAUM).

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Either SRS Or ARS Going Above Zero Either SRS Or ARS Going Above Zero

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