Mahalaxmi Seamless Ltd

Mahalaxmi Seamless Ltd (513460)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return3.47 %
3 Month Return15.75 %
1 Year Return49.84 %

Company Financials

  • Annual
Total Assets
Total Liabilities
Value in ₹ crore

Peer Comparsion

Rank 266
Rank 266
Rank 306
Dividend Yield
Rank 134
Rank 194
Price To Book Ratio
Rank 238
Debt To Asset
Rank 80

Company Information

Mahalaxmi Seamless Limited MSL an ISO 9001: 2000 certified company was incorporated in 23rd April of the year 1991 and the Certificate of Commencement of Business was obtained in 19th June of the same year 1991. The Company is engaging in both job work and own process for converting the high quality Cold Drawn Seamless tubes and pipes in carbon alloy stainless steel for Heat Exchanger Boiler Automobiles Hydraulics and Precision Mechanical manufactured in India The new steel grade SA213T2 was developed and produced by the company for LT Ltd in the year 199596. It was the first of its kind in India. Also in the same year the U Bend for Heat Exchanger complete design of machine and tools developed with the inhouse facility. A second crane of 5 Tons was commissioned during the year199798 for faster material movement. The Company had developed a special grade material SA213T9 in the year 200001 for Hat exchangers. During the year 200102 the company started supply of its material in Automobile Refinery sectors apart from conventional sectors such as Boilers Heat Exchangers. MSL has established the I.D Control of tubes manufacturing facility in the year 200203. The Company implemented series of measures to enhance the ore business activities in the year 200304. In the same year of 200304 MSL has modified its system of Electrical Heating Furnace that led to increase in the production per month from 650 tonnes to 850 tonnes. The Company had established new phosphate coating exclusively for alloy steel which in turn reduces the number of draws required to achieve the required Outer Diameter OD Wall Thickness WT in the year 2004. In 200405 MSL had developed three Dimensional tubes i.e. O.D. I.D. W.T. This plays a crucial role for 12 mtr and above long pipes also this was developed as an import substitute. Also in the same period the company had executed 3 bulk orders in single size involved single draw for two of the customers whish were used in gas cracker for BASFGermany and in Air cooled condenser for Toyo project. The piercing Mill was installed and also commissioned in the company for the manufacture of Hollows from solid bullets in the year 200506. The Company is a proud awardee of the prestigious Well Known Tube Maker title from the Indian Boiler Regulation Board allowing MAHALAXMI selfcertification authority a rare honour indeed. Also MSL are on the way to becoming TS 16949 compliant soon.
OrganisationMahalaxmi Seamless Ltd

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