Maharashtra Seamless Limited (NSE:MAHSEAMLES)

Maharashtra Seamless Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	52,630	52,687	54,041	57,164	42,108	23,083
Other Revenue	-	498.8	498.1	-	-	-
Revenue	52,630	53,185	54,539	57,164	42,108	23,083
Revenue Growth (YoY)	-1.30%	-2.48%	-4.59%	35.75%	82.42%	-12.72%
Cost of Revenue	32,410	33,827	33,486	37,901	29,074	14,209
Gross Profit	20,220	19,359	21,054	19,263	13,034	8,875
Selling, General & Admin	1,249	1,308	1,183	1,026	842.1	749.05
Other Operating Expenses	9,327	8,307	7,122	7,943	6,043	3,428
Operating Expenses	11,585	10,624	9,402	10,346	8,263	5,392
Operating Income	8,634	8,734	11,652	8,916	4,771	3,483
Interest Expense	-23.1	-27.6	-84.7	-383.2	-395.33	-511.11
Interest & Investment Income	-	695	404.5	479.9	439.29	420.66
Earnings From Equity Investments	-112.3	-135.9	-225.9	-294.3	-292.73	-263.14
Currency Exchange Gain (Loss)	-	4.5	8.4	177.1	48.77	281.66
Other Non Operating Income (Expenses)	2,922	369.1	214.8	215.9	339.25	38.11
EBT Excluding Unusual Items	11,421	9,639	11,969	9,112	4,910	3,449
Gain (Loss) on Sale of Investments	-	362.8	259	124.6	201.59	60.04
Gain (Loss) on Sale of Assets	-	0.1	0.1	0.2	0.28	1.41
Other Unusual Items	-	-	-	-	-	-1,785
Pretax Income	11,421	10,002	12,228	9,237	5,112	1,726
Income Tax Expense	2,633	2,229	2,712	1,560	-1,805	511.32
Earnings From Continuing Operations	8,788	7,774	9,517	7,676	6,916	1,214
Minority Interest in Earnings	-2.7	1.4	-3.6	-28.7	0.79	-234.05
Net Income	8,785	7,775	9,513	7,648	6,917	980.38
Net Income to Common	8,785	7,775	9,513	7,648	6,917	980.38
Net Income Growth	0.51%	-18.27%	24.39%	10.56%	605.56%	16.89%
Shares Outstanding (Basic)	134	134	134	134	134	134
Shares Outstanding (Diluted)	134	134	134	134	134	134
Shares Change (YoY)	0.01%	-	-	-	-	-
EPS (Basic)	65.56	58.02	70.99	57.07	51.62	7.32
EPS (Diluted)	65.56	58.02	70.99	57.07	51.62	7.32
EPS Growth	0.50%	-18.27%	24.39%	10.56%	605.56%	16.89%
Free Cash Flow	-	5,864	10,093	8,930	-2,777	4,274
Free Cash Flow Per Share	-	43.76	75.32	66.64	-20.72	31.90
Dividend Per Share	-	10.000	10.000	5.000	2.500	1.750
Dividend Growth	-	-	100.00%	100.00%	42.86%	40.00%
Gross Margin	38.42%	36.40%	38.60%	33.70%	30.95%	38.45%
Operating Margin	16.41%	16.42%	21.36%	15.60%	11.33%	15.09%
Profit Margin	16.69%	14.62%	17.44%	13.38%	16.43%	4.25%
Free Cash Flow Margin	-	11.03%	18.51%	15.62%	-6.59%	18.52%
EBITDA	9,622	9,743	12,749	10,294	6,149	4,698
EBITDA Margin	18.28%	18.32%	23.38%	18.01%	14.60%	20.35%
D&A For EBITDA	987.2	1,009	1,097	1,377	1,379	1,215
EBIT	8,634	8,734	11,652	8,916	4,771	3,483
EBIT Margin	16.41%	16.42%	21.36%	15.60%	11.33%	15.09%
Effective Tax Rate	23.05%	22.28%	22.17%	16.89%	-	29.63%
Revenue as Reported	55,551	54,659	55,463	58,052	43,217	23,957
Advertising Expenses	-	60.9	75.5	52.9	14.43	6.3

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.