Maharashtra Seamless (NSE:MAHSEAMLES) EBIT: ₹9,420 Mil (TTM As of Mar. 2026)


NSE:MAHSEAMLES Maharashtra Seamless Ltd NSE:MAHSEAMLES
84 GF Score
Price ₹619.40
GF Value ₹626.26
Valuation Fairly Valued
! 4 Warning Signs
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What is Maharashtra Seamless EBIT?

Maharashtra Seamless NSE:MAHSEAMLES -1.43% 84 EBIT is ₹9,420 Mil as of Mar. 2026. GuruFocus rates NSE:MAHSEAMLES with a GF Score™ of 84/100 and a GF Value™ of ₹626.26 (Fairly Valued). The stock has 4 warning signs investors should review.

Maharashtra Seamless's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹1,520 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹9,420 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Maharashtra Seamless's annualized ROC % for the quarter that ended in Mar. 2026 was 14.82%. Maharashtra Seamless's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Maharashtra Seamless's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.34%.


Maharashtra Seamless  (NSE:MAHSEAMLES) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Maharashtra Seamless's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=8259.2 * ( 1 - 31.97% )/( (0 + 37908.7)/ 1 )
=5618.73376/37908.7
=14.82 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=77390.4 - 2513.4 - ( 36968.3 - max(0, 3922.5 - 55578.4+36968.3))
=37908.7

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Maharashtra Seamless's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6080.8/( ( (0 + max(0, 0)) + (19341.2 + max(14734.3, 0)) )/ 1 )
=6080.8/( ( 0 + 34075.5 )/ 1 )
=6080.8/34075.5
=17.85 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5646.8 + 11387.1 + 1576.2) - (2513.4 + 0 + 1362.4)
=14734.3

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Maharashtra Seamless's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=9420/46311.836
=20.34 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Maharashtra Seamless EBIT Related Terms


Maharashtra Seamless EBIT Historical Data

* Premium members only.

The historical data trend for Maharashtra Seamless's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Maharashtra Seamless EBIT Chart

Maharashtra Seamless Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,507.16 9,558.10 12,264.60 10,029.60 9,420.00

Maharashtra Seamless Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,993.70 3,001.30 1,695.70 3,202.80 1,520.20

NSE:MAHSEAMLES vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Maharashtra Seamless's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Maharashtra Seamless EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Maharashtra Seamless's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Maharashtra Seamless's EV-to-EBIT falls into.


NSE:MAHSEAMLES
84GF Score
Maharashtra Seamless Ltd NSE:MAHSEAMLES
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Maharashtra Seamless EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹9,420 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹9,420 Mil mean?
Maharashtra Seamless (NSE:MAHSEAMLES) has a EBIT of ₹9,420 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Maharashtra Seamless.
Is Maharashtra Seamless' EBIT too high?
Maharashtra Seamless' current EBIT is ₹9,420 Mil. Overall, Maharashtra Seamless has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maharashtra Seamless' EBIT compare to NUE and STLD?
Maharashtra Seamless' EBIT of ₹9,420 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Steel company?
A good EBIT depends on the Steel industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Maharashtra Seamless. Maharashtra Seamless's current EBIT is ₹9,420 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maharashtra Seamless stock overvalued right now?
Based on GuruFocus' analysis, Maharashtra Seamless (NSE:MAHSEAMLES) is currently considered Fairly Valued. The stock's GF Value™ is ₹626.26, compared to a current price of ₹619.40 — trading 1.1% below its estimated fair value. The current EBIT is ₹9,420 Mil. Maharashtra Seamless' overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Maharashtra Seamless (NSE:MAHSEAMLES), the current EBIT is ₹9,420 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Maharashtra Seamless (NSE:MAHSEAMLES) Overvalued in 2026?

Based on GuruFocus' analysis, Maharashtra Seamless stock appears to be undervalued. The current stock price of ₹619.40 is trading 1.1% below its estimated GF Value™ of ₹626.26. GuruFocus considers Maharashtra Seamless to be Fairly Valued.

Key valuation signals for NSE:MAHSEAMLES:

  • EBIT: ₹9,420 Mil
  • GF Value™: ₹626.26 vs. price of ₹619.40 (1.1% below fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the NSE:MAHSEAMLES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maharashtra Seamless Business Description

Other Exchanges 500265:India
Address Institutional Sector 44, Plot No. 30, Jindal Corporate Centre, Gurugram, HR, IND, 122003
Maharashtra Seamless Ltd is a steel pipe and tube manufacturer. The company's product portfolio consists of electric resistance welded pipes, which include black and galvanized pipes, and seamless pipes and tubes, which include hot finished, cold drawn, and pilgered pipes. These products are used in various applications and sectors like oil and gas, hydrocarbon, power, agriculture, housing, and infrastructure, among others. The company's operating segments consist of steel pipes and tubes, power-electricity, rig, and others. The majority of its revenue is derived from the steel pipes and tubes segment.
84GF Score

Get the complete analysis for NSE:MAHSEAMLES

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹619.40
Price
₹626.26
GF Value