Maharashtra Seamless Limited — Investor Meet, 28-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Maharashtra Seamless reported strong Q3 FY26 PAT of 247 Cr, a significant jump QoQ, with EBITDA improving to 153 Cr. The company maintains a robust net cash position of 3404 Cr. Strategic priorities include value-added products like cylinder and subsea pipes, and renewable energy. A substantial 852 Cr capex for capacity enhancement and cost savings will be fully funded from internal accruals. The order book stood at 1302 Cr as of Jan 20, 2026. Management views India's long-term oil & gas demand as a key growth driver, despite current industry slowdowns.