Mahalaxmi Seamless quarterly results and financials

Mahalaxmi Seamless (BSE 513460)₹10.42−3.07%(9 Nov 2026 close)Iron & Steel Products

Key facts

In the Mar 2026 quarter (standalone), Mahalaxmi Seamless reported sales of ₹0.52 Cr, up 13.0% from Mar 2025, and net profit of −₹0.34 Cr, down 525.0% year on year. For the year to Mar 2026, sales were ₹1.90 Cr and net profit −₹0.08 Cr.

Sales (Mar 2026): ₹0.52 Cr
Net profit (Mar 2026): −₹0.34 Cr
Sales (FY Mar 2026): ₹1.90 Cr
Net profit (FY Mar 2026): −₹0.08 Cr
EPS (Mar 2026): ₹−0.61
Borrowings (Mar 2026): ₹1.07 Cr

Company filings, standalone accounts; latest reported quarter Mar 2026

Mahalaxmi Seamless quarterly results

₹ crore unless stated; each column is a quarter.

Mahalaxmi Seamless Quarterly results
	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	0.46	0.48	0.47	0.48	0.46	0.50	0.48	0.46	0.46	0.46	0.49	0.52
Expenses	0.25	0.29	0.30	0.31	0.27	0.32	0.30	0.28	0.24	0.28	0.34	0.78
Operating Profit	0.20	0.18	0.18	0.18	0.20	0.19	0.17	0.17	0.23	0.17	0.14	−0.25
OPM %	46.7%	40.4%	37.0%	36.2%	42.3%	36.7%	38.3%	40.0%	48.9%	40.0%	31.2%	−51.0%
Other Income	0.00	−1.55	0.00	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest	0.02	0.02	0.01	0.01	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.06
Depreciation	0.11	0.11	0.11	0.10	0.07	0.07	0.09	0.10	0.08	0.04	0.04	0.06
Profit before tax	0.08	−1.53	0.05	0.09	0.09	0.07	0.04	0.05	0.12	0.12	0.07	−0.39
Tax %	28.5%	1.3%	25.0%	−162.6%	−12.6%	−16.7%	−33.4%	−100.1%	18.1%	9.1%	0.0%	−13.2%
Exceptional items	0.00	−1.99	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	0.06	−1.53	0.02	0.22	0.07	0.07	0.05	0.08	0.08	0.09	0.05	−0.34
EPS (Rs)	0.08	−2.91	0.05	0.39	0.14	0.10	0.07	0.12	0.16	0.18	0.10	−0.61

Mahalaxmi Seamless profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Mahalaxmi Seamless Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	11.08	10.75	3.91	1.88	1.88	1.92	2.03	1.84	1.85	1.87	1.90	1.93
Expenses	11.09	12.35	3.60	1.22	1.26	0.98	1.00	1.01	1.10	1.14	1.61	1.64
Operating Profit	−0.03	−1.63	0.30	0.65	0.63	0.93	1.04	0.84	0.76	0.72	0.28	0.29
OPM %	−0.4%	−15.1%	7.9%	35.3%	33.2%	49.2%	51.0%	45.4%	40.8%	39.2%	15.3%	15.0%
Other Income	0.14	0.62	−0.19	0.10	0.27	0.32	0.12	0.08	−1.52	0.02	0.01	0.00
Interest	0.92	0.61	0.50	0.29	0.42	0.45	0.18	0.10	0.09	0.20	0.20	0.18
Depreciation	0.58	0.59	0.61	0.61	0.59	0.56	0.51	0.48	0.45	0.37	0.21	0.22
Profit before tax	−1.42	−2.22	−1.01	−0.14	−0.12	0.27	0.46	0.35	−1.33	0.20	−0.11	−0.08
Tax %	3.5%	2.7%	0.0%	−30.8%	−9.2%	−53.9%	−20.1%	−14.8%	−6.9%	−31.7%	−20.1%	—
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	−1.99	0.00	0.00	0.00
Net Profit	−1.45	−2.27	−0.99	−0.08	−0.10	0.41	0.55	0.38	−1.25	0.26	−0.08	−0.12
EPS (Rs)	−2.75	−4.31	−1.88	−0.16	−0.16	0.75	1.01	0.73	−2.34	0.46	−0.12	−0.17
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Mahalaxmi Seamless balance sheet

₹ crore, at each year end.

Mahalaxmi Seamless Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	5.27	5.28	5.27	5.27	5.27	5.26	5.26	5.27	5.27	5.27	5.26	5.26
Reserves	−1.17	−2.64	−4.91	−5.91	−6.00	−6.07	−5.68	−5.14	−4.75	−6.00	−5.73	−5.81
Borrowings	4.72	8.06	4.77	4.20	6.33	5.48	4.91	1.85	1.37	1.55	1.42	1.07
Other Liabilities	7.92	5.10	4.68	3.36	3.05	2.91	2.74	2.36	2.23	2.35	2.05	2.50
Total Liabilities	16.74	15.80	9.81	6.92	8.65	7.58	7.23	4.34	4.12	3.17	3.00	3.02
Fixed Assets	6.83	6.37	5.89	5.41	4.81	4.24	3.70	3.19	2.86	2.43	2.22	2.03
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.02
Other Assets	9.91	9.43	3.92	1.51	3.84	3.34	3.53	1.15	1.26	0.74	0.78	0.97
Inventories	4.50	6.17	2.09	0.06	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Trade receivables	2.94	0.93	0.29	0.17	0.15	0.16	0.21	0.18	0.04	0.03	0.15	0.15
Cash & equivalents	0.76	0.33	0.32	0.07	0.00	0.08	0.08	0.18	0.59	0.58	0.30	0.30
Total Assets	16.74	15.80	9.81	6.92	8.65	7.58	7.23	4.34	4.12	3.17	3.00	3.02

Mahalaxmi Seamless cash flow

₹ crore, for each year.

Mahalaxmi Seamless Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	1.70	−2.73	1.12	1.31	0.59	0.51	0.70	−5.02	0.83	−0.62	0.38	0.28
Cash from investing activity	0.58	−0.31	0.92	−0.06	−2.35	0.84	0.24	8.06	0.05	0.52	−0.30	−0.19
Cash from financing activity	−2.00	2.59	−2.04	−1.47	1.70	−1.26	−0.92	−2.97	−0.46	0.06	−0.33	−0.55
Net cash flow	0.26	−0.42	0.00	−0.24	−0.08	0.09	0.00	0.11	0.39	−0.02	−0.27	−0.50
Capex	0.00	0.12	0.13	0.13	0.00	0.00	0.00	0.00	0.14	0.00	0.19	0.00
Free cash flow	1.70	−2.84	1.17	1.18	0.59	0.50	0.69	−5.03	0.68	−0.63	0.18	0.27
CFO / OP %	307.0%	6,625.0%	−75.1%	435.0%	106.0%	87.0%	83.0%	58.0%	99.0%	−81.1%	51.0%	93.0%

Mahalaxmi Seamless ratios

Working-capital days and returns, by year.

Mahalaxmi Seamless Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	57	30	9	16	30	32	41	33	9	7	30	30
Inventory days	151	474	155	13	—	—	—	—	—	—	—	—
Days payable	200	226	132	146	—	—	—	—	—	—	—	—
Cash conversion cycle	8	277	31	−119	30	32	41	33	9	7	30	30
Working capital days	−43	−92	−130	−142	−286	−190	−169	−64	−194	−388	−346	−289
ROCE %	8.8%	−4.5%	−22.6%	−5.3%	3.7%	6.2%	15.7%	19.8%	23.3%	26.0%	45.6%	15.0%

Mahalaxmi Seamless: frequently asked questions

What are the latest quarterly results of Mahalaxmi Seamless?

For the Mar 2026 quarter, Mahalaxmi Seamless reported sales of ₹0.52 Cr, up 13.0% year on year and net profit of −₹0.34 Cr, down 525.0% year on year. The operating margin was −51.0%.

What is the annual revenue of Mahalaxmi Seamless?

Mahalaxmi Seamless' sales for the year to Mar 2026 were ₹1.90 Cr; over the last twelve months they were ₹1.93 Cr.

What is the net profit of Mahalaxmi Seamless?

Net profit for the year to Mar 2026 was −₹0.08 Cr, and −₹0.12 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−0.17.

How much debt does Mahalaxmi Seamless have?

Mahalaxmi Seamless reported borrowings of ₹1.07 Cr at Mar 2026, against cash and equivalents of ₹0.30 Cr.

What is the free cash flow of Mahalaxmi Seamless?

Cash from operations was ₹0.28 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0.27 Cr.

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