Steel & Iron Products
|Market Cap||5,256 Cr||EPS||31.5||High||394.9|
|Stock P/E||12.5||Net Profit Margin||13.0||Low||383.9|
|Market Cap||5,256 Cr||ROE||12.4%|
|P/B Ratio||1.4||Dividend Yield||0.6%|
|Industry P/E||23.2||Book Value||286.6|
Maharashtra Seamless Ltd (MSL) was incorporated on May 10, 1988. The company was conceived after noticing huge demand and supply gap in the seamless pipe market, which was met mostly through imports. This import substitute project was set up in 1991 at Nagothane (near Mumbai), Distt. Raigad (Maharashtra), to manufacture seamless pipes & tubes with the finest quality and wide product range using the world renowned CPE technology acquired through technical collaboration with Mannesmann Demag Huttentechnik Gmbh (MDH), Germany at a capital cost of Rs 69 crore. The project was appraised and financed by ICICI in participation with IDBI & IFCI and other banks. Mannesmann Demag is a world leader in steel and seamless pipe industry. Our state of the art plant is only the third of its kind in the world. The plant was commissioned in February 1992. The main plant and machinery was imported from USA based on MDH design.
Business area of the company
Maharashtra Seamless provides a whole range of high-class, customizable and innovative seamless pipes and tubes using state-of-art technology. The company also manufactures ERW Pipes and Coated Pipes. The company also engaged in the business of Wind Power, Steel Pipes & Tubes.
Key customer segments
|Parent Organisation||Maharashtra Seamless Ltd.||Managing Director||Saket Jindal|
All values are in Rs Cr
|Company||52 Week||Market Price||P/E Ratio|