EQUITYBROKER

Maharashtra Seamless Limited

Long
NSE:MAHSEAMLES   MAHARASHTRA SEAML
The co. has a market share of 55% in the seamless pipes segment and a market share of 18% in the API-certified, high-frequency ERW pipes segment.

Revenue as FY22
Steel Pipes and Tubes: 95%

Clientele
Some esteemed clients of the Co include Indian Oil Corporation Ltd, BHEL, Reliance Industries Ltd, ISGEC, NTPC, Larsen & Toubro, and more, and Infrastructure clients are Adani, DLF, GAAR, IGL, Unitech etc.

On installation of finishing facilities at Telangana in FY24, existing capacity of 100,000 MTPA will be activated (seamless pipes segment)

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