Maharashtra Seamless Ltd operates in the Blast furnaces and steel mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Maharashtra Seamless Ltd with three other
companies in this sector in INDIA :
Jai Balaji Industries Limited
(2019
sales of 30.77 billion Indian Rupees [US$407.76 million]
),
Tinplate Company of India Ltd
(25.84 billion Indian Rupees [US$342.45 million]
of which 100%
was Electrolytic tin mill), and
Usha Martin Limited
(24.70 billion Indian Rupees [US$327.21 million]
of which 96%
was Wire & Wire Rope).
Sales Analysis.
Maharashtra Seamless Ltd reported sales of 30.73 billion Indian Rupees (US$407.13 million)
for the
fiscal
year ending
March of 2019.
This
represents
an
increase of 42.9%
versus 2018, when the company's sales were 21.50 billion Indian Rupees .
This was the third consecutive year of growth at Maharashtra Seamless Ltd.
Sales of Power - Electricity saw an increase
that was more than double the company's growth rate: sales were up
92.4% in 2019, from
265.60 million Indian Rupees to 510.90 million Indian Rupees .
Not all segments of Maharashtra Seamless Ltd experienced an increase in sales in 2019:
sales of Others fell 5.9% to 803.80 million Indian Rupees .
(However, this segment's sales were only a very small portion of the company's overall sales).