Capital GoodsMid capRs 8,498 crRs 7.8 cr traded a day
Close on 2026-08-21
634.15
+3.86%
52-week range81% of the way up
506.45664.60
Market cap
8,498 cr
P/E (TTM)
11.5×
industry 52×
EPS (TTM)
55.01
Revenue YoY
-4.7%
Q1 FY27
Profit YoY
+15.7%
Net margin
24.4%
+4.3pt vs a year ago
Growth trend
+5.0pt
vs last quarter’s YoY
1 month
+12.2%
Below 52w high
4.8%
RSI (14)
78
overbought
Daily swing
2.9%
average true range
Volume
6.0×
vs 20-day average
Traded
Rs 8 cr
median day
Close200-day averageMaterial filing
260 sessions · hover for the filing behind a move
1 week
+3.54%
1 month
+12.22%
3 months
+0.56%
6 months
+11.46%
1 year
−3.35%
The read
written from the numbers on this page
The evidence leans constructive6 supporting, 1 against, 2 worth knowing
Supporting
trading 9% above its 200-day average
matches trading far more than usual, which has beaten the market by +0.45 points over 20 sessions across 52,251 past signals
2 of the scans it matches have a positive measured record
4 independent kinds of evidence agree today, which is uncommon
net margin has widened from 10.8% to 24.4% across four quarters
priced at 12× earnings against an industry median of 52× — 78% below its peers
Against
down 3% over twelve months
Worth knowing
RSI at 78 is stretched; strong stocks stay stretched for a long time, so this is a note on entry timing, not on direction
revenue fell 5% year on year in the quarter ending 2026-06-30
What would change this read: a close below 583, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.
What is working, what is not
read from the filings, with the figure behind every line
Working3
Holds more cash than borrowings, Rs 77 cr against Rs 13 cr.
Rs 77 crRs 13 cr
Operating cash flow was Rs 933 cr against Rs 737 cr of profit over four quarters, 127% of it.
Rs 933 crRs 737 cr127%
Net margin moved from 20.1% to 24.4%.
20.1%24.4%
Needs watching1
Steel Pipes & Tubes is 84% of revenue, so the business rests on one segment.
Steel Pipes & Tubes84%
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.
How it has performed
price return over each window, measured against zero
What the scans say today
6 of 47 matched on 2026-08-21
MAHSEAMLES matches 6 of the 47 scans today, across 4 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.
segments and revenue mix, as the company reports them
MAHSEAMLES reports 4 business segments. The largest is Steel Pipes & Tubes at 84% of revenue in the quarter ending 2026-06-30. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
Steel Pipes & Tubes1,069 cr83.6%—
Others /Unallocated174 cr13.6%—
Power - Electricity21 cr1.6%—
Rig15 cr1.2%—
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.
Quality of the business
balance sheet as at 2026-03-31
Return on equity
10.7%
trailing profit over shareholders’ funds
Return on capital
14.2%
pre-tax profit over equity plus borrowings
Debt to equity
0.00×
13 cr borrowed against 6,876 cr of equity
Net debt
63 cr
cash exceeds borrowings
Cash conversion
127%
operating cash flow as a share of profit
Receivable days
45
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.
Valuation against its own history
500 sessions since 2024-09-06
9×
median 10×
12×
now 12×
MAHSEAMLES trades at 12× trailing earnings, above its median of 10× over this window — 12% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.
AGM / EGM filings were typically +0.00pt vs the market over the next 5 sessions (n=4,362) · Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · Results filings were typically -0.52pt vs the market over the next 5 sessions (n=7,520)
The business
from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.
Going for it
profit rose 16% year on year
net margin widened from 8.0% to 24.4%
Going against it
revenue fell 5% against the same quarter a year earlier
Quarter-by-quarter numbers, as filed
Quarter
Revenue
Profit before tax
Net profit
EPS
Net margin
Q1 FY27
2026-06-30 · consolidated
1,091
326
266
19.88
24.4%
Q4 FY26
2026-03-31 · consolidated
1,280
155
103
7.67
8.0%
Q3 FY26
2025-12-31 · consolidated
1,090
323
243
18.12
22.3%
Q2 FY26
2025-09-30 · consolidated
1,159
173
125
9.35
10.8%
Q1 FY26
2025-06-30 · consolidated
1,145
300
230
17.19
20.1%
Q4 FY25
2025-03-31 · consolidated
1,418
299
242
18.06
17.1%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.
Where the price stands
the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+5.5%
Versus 200-day average+8.7%
Below 52-week high-4.6%
Above 52-week low+25.2%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)77.7
Higher closes in last 52 of 5
Six-month return+11.46%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)2.88%
Volume versus 20-day6.0x
Median daily turnoverRs 7.8 cr
Peers
Capital Goods · 107 classified companies
MAHSEAMLES trades at 11.5× trailing earnings against an industry median of 52.1× across 102 other classified companies in its industry — cheaper than them, by 78%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet
Recent sessions
what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.