Maharashtra profit falls 56% as company plans restructuring
Quarterly net profit hit ₹107.53 cr, as the board advances plans to demerge two business lines and relocate to Haryana.
— 5 earlier stories on Maharashtra Seamless Ltd. →What's new
- Q4 net profit dropped to ₹107.53 cr from ₹242.53 cr a year prior.
- Board approved the demerger of two business undertakings.
- Company aims to move its registered office from Maharashtra to Haryana.
Why this matters
The earnings drop marks a sharp end to the fiscal year. The split of business lines and the shift in registered office are the new testing points for the company.
What we're watching
- Progress on the demerger filings.
- Regulatory approval for the office relocation.
- Operating margins in the next quarterly results.
The full read
Maharashtra finished the year with a ₹107.53 crore net profit for the quarter ended March 2026. This represents a steep decline from the ₹242.53 crore profit recorded in the same period a year ago, with quarterly revenue reaching ₹1,231.92 crore.
Profit hit hard.
Total annual profit sits at ₹718.16 crore on revenue of ₹5,058.78 crore. The board proposed a dividend of ₹10 per share, while simultaneously clearing a plan to split two business units into independent companies. Furthermore, the firm aims to relocate its registered office from Maharashtra to Haryana, making the next quarter a pivotal test for how these demerged entities operate on their own.
Questions answered
- What is the status of the demerger plan?
- The board approved a scheme to move two business undertakings into separate companies.
- How much dividend was declared?
- The board recommended a dividend of ₹10 per share.
Maharashtra Seamless Ltd.
Latest quarter · Mar 2026
Strength & growth
Story so far
All notes on MAHSEAMLES →- 22 May 2026 · 7:23 PM IST Maharashtra profit falls 56% as company plans restructuring
- 10d ago Promoter entity buys 1,717,618 shares in Maharashtra Seamless
- 11d ago Maharashtra Seamless director quits executive role, stays on board
- 26d ago Steel pipe maker's demerger plan sent back for more review
- 50d ago Maharashtra Seamless profit drops 56% as board clears two-unit demerger