Maharashtra Seamless

Maharashtra Seamless Interest Coverage

The Interest Coverage Ratio of Maharashtra Seamless (MAHSEAMLES.NS) as of Nov 5, 2026 is 5.66. In the previous year, Interest Coverage Ratio was 18.75 — a change of -69.83% (lower).

Interest Coverage

5.66

YoY

-69.83%

Last updated:

Interest Coverage Ratio of Maharashtra Seamless is 2025 5.66 . Interest Coverage Ratio of Maharashtra Seamless was 2024 18.75 . It decreases by -69.83% lower compared to the previous year.

The Maharashtra Seamless Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
4.66 INR
Jan 1, 2019
26.29 INR
Jan 1, 2020
4.14 INR
Jan 1, 2021
209.92 INR
Jan 1, 2022
169.46 INR
Jan 1, 2023
201.57 INR
Jan 1, 2024
18.75 INR
Jan 1, 2025
5.66 INR
The Maharashtra Seamless Interest Coverage history
YEARInterest CoverageYoY
5.66-69.83%
18.75-90.70%
201.57+18.95%
169.46-19.27%
209.92+4,973.61%
4.14-84.26%
26.29+463.87%
4.66+1.65%
4.59-268.79%
-2.72-277.24%
1.53+21.12%
1.27—

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Maharashtra Seamless Stock analysis

What does Maharashtra Seamless do? Maharashtra Seamless Ltd. generates revenue through its Steel Pipes & Tubes segment, manufacturing seamless pipes and tubes using CPE technology. The company produces electric resistance welding (ERW) pipes including mild steel (MS) and galvanized pipes, API line pipes, and oil country tubular goods (OTCG) casing tubing. Additionally, it offers seamless pipes such as hot finished pipes, cold drawn tubes, boiler tubes, and OTCG drill pipe. The Power Electricity segment contributes to revenue through renewable power generation, while the RIG segment provides rig operations services. Customers include oil and gas companies requiring OTCG products and industrial clients needing various pipe types. The company's product portfolio features coated pipes with three-layer polyethylene, fusion-bonded epoxy, internal coating, and three-layer polypropylene, alongside pipe fittings. These products are sold to industrial and energy sector buyers. Maharashtra Seamless Ltd. leverages its manufacturing capabilities in seamless and ERW pipes to serve clients in the oil and gas industry, power generation, and construction sectors. The firm's diversification into renewable power generation and rig operations expands its revenue streams beyond traditional pipe manufacturing. Revenue streams are derived from the sale of steel pipes and tubes across multiple segments. The Steel Pipes & Tubes segment focuses on both seamless and ERW pipe types, with specific applications in oil and gas infrastructure. The Power Electricity segment supports revenue through renewable energy projects, while the RIG segment caters to drilling and extraction operations. Buyers include energy firms, construction companies, and industrial manufacturers requiring durable piping solutions for critical infrastructure. Maharashtra Seamless is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Maharashtra Seamless stock

Interest Coverage Ratio of Maharashtra Seamless is 5.66 in 2025.

Interest Coverage Ratio of Maharashtra Seamless changed from 18.75 to 5.66, representing a -69.83% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Maharashtra Seamless since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Maharashtra Seamless with sector peers and the industry average to assess whether it is attractive.

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Leverage — Maharashtra Seamless

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