AI Summary
✦ ClarthaMaharashtra Seamless is an industrial manufacturer of seamless steel pipes and tubes. Steel Pipes & Tubes drives revenue through API line pipes, OCTG, coated pipes, and boiler tubes, while Power contributes renewable generation from solar and wind projects. RIG operations provide an additional operating segment. The scheduled Q1 FY27 earnings call may clarify demand, pricing, and margin direction after revenue declined 11.3% year on year. Margins remained stable despite profit falling 9.8%, indicating earnings pressure primarily reflects weaker revenue rather than operating deterioration. ROE is unavailable, limiting assessment of capital efficiency. At 0.19 debt-to-equity, the company is effectively deleveraged, reducing balance-sheet risk. The stock trades at 11.3 times earnings, an undervalued multiple relative to its industrial exposure, but recovery depends on pipe demand and execution. Overall, valuation appears discounted, while neutral sentiment reflects limited near-term growth visibility.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
Analyst coverage unavailable
Fundamentals
Fundamentals institutional score is 64 using growth durability 63.5.
Valuation
Valuation institutional score is 53 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
No usable analyst target or recommendation data was available.
Technical Structure
Technicals institutional score is 79 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 2 recent ticker-linked news items.
Signal Summary
Market intelligence remains Neutral. technical structure provide support, while valuation and market sentiment remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 7.2% below historical median. Valuation is stable — currently in the strongly undervalued zone (z-score: -0.66). Confidence: 82%.
Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.
5Y Average
10.22
Current
11.27
Overvalued
13.18
Undervalued
11.26
5Y Average
1.26
Current
1.19
Overvalued
1.45
Undervalued
1.07
5Y Average
1.55
Current
1.76
Overvalued
1.78
Undervalued
1.31
Peers & Comparison
Sector: Industrials · Theme: Building Products - Pipes
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
JINDAL SAW LIMITED JINDALSAWBuilding Products - Pipes | +9.0% | 3.6% | 27.3x Fair | +2% vs avg | +33.5% |
FINOLEX INDUSTRIES LTD FINPIPEBuilding Products - Pipes | +12.1% | 14.6% | 16.2x Undervalued | -39% vs avg | -13.2% |
RATNAMANI MET & TUB LTD. RATNAMANIBuilding Products - Pipes | -6.9% | 10.0% | 36.7x Premium | +37% vs avg | -5.4% |
MAHARASHTRA SEAMLESS LTD trades at a discount (11.6x vs peer avg 26.7x), suggesting potential undervaluation relative to the Building Products - Pipes cohort. Peers include JINDAL SAW LIMITED, FINOLEX INDUSTRIES LTD, RATNAMANI MET & TUB LTD. — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹1.09K CrJun 2026Latest net profit
₹271 CrJun 2026Latest EPS
₹20.21Jun 2026Net margin
17.0%Jun 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Jun 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,223 | 1,535 | 1,430 | 1,215 | 1,151 | 1,291 | 1,408 | 1,416 | 1,143 | 1,158 | 1,090 | 1,280 | 1,091 |
| Expenses + | 979 | 1,202 | 1,061 | 939 | 1,025 | 1,060 | 1,128 | 1,131 | 974 | 1,035 | 937 | 1,041 | 908 |
| Operating Profit | 244 | 333 | 370 | 276 | 126 | 231 | 280 | 285 | 169 | 123 | 153 | 239 | 184 |
| OPM % | 20% | 22% | 26% | 23% | 11% | 18% | 20% | 20% | 15% | 11% | 14% | 19% | 17% |
| Other Income + | 33 | 29 | 35 | 44 | 65 | 91 | 2 | 40 | 160 | 76 | 200 | -51 | 175 |
| Interest | 7 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 34 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 29 | 31 | 31 |
| Profit before tax | 237 | 336 | 378 | 295 | 165 | 296 | 256 | 299 | 303 | 174 | 324 | 156 | 327 |
| Tax % | 9% | 24% | 26% | 24% | 18% | 24% | 26% | 19% | 23% | 25% | 24% | 31% | 17% |
| Net Profit + | 216 | 256 | 280 | 223 | 136 | 224 | 190 | 243 | 234 | 130 | 247 | 108 | 271 |
| EPS in Rs | 16.10 | 19.07 | 20.92 | 16.66 | 10.15 | 16.73 | 14.19 | 18.10 | 17.45 | 9.67 | 18.45 | 8.03 | 20.21 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).