Maharashtra Seamless Limited has announced its financial performance for the quarter and financial year ended March 31, 2026. The Board of Directors has recommended a final dividend of INR 10.00 (200%) per equity share for the 2025-26 financial year. Additionally, the company disclosed plans to shift its registered office to Haryana and appointed M/s R. J. Goel & Co. as cost auditors for the upcoming fiscal year.
Financial Performance Overview
For the financial year ended March 31, 2026, Maharashtra Seamless Limited reported a total annual revenue of INR 5,058.78 crore. The company achieved a net profit after tax of INR 718.16 crore for the year. In the final quarter, the company recorded total revenue of INR 1,231.92 crore with a net profit of INR 107.53 crore. The results have received an unmodified opinion from the company’s statutory auditors, M/s Kanodia Sanyal & Associates.
Dividend and Strategic Updates
In a move to reward shareholders, the Board has recommended a dividend of INR 10.00 per equity share, representing a 200% payout on a face value of INR 5/- per share. This recommendation is subject to the necessary approvals by the company’s members. Furthermore, the Board has formally proposed the shifting of the company’s registered office from the state of Maharashtra to the state of Haryana, a process that will involve shareholder approval through postal ballot and subsequent regulatory clearances.
Business Operations and Governance
The company continues to diversify its operational oversight, appointing M/s R. J. Goel & Co., Cost Accountants as Cost Auditors for the 2026-27 financial year. Additionally, the Board has approved a scheme of arrangement for the demerger of two of its business undertakings into separate, independent entities. These strategic decisions are designed to streamline operations and enhance long-term value for stakeholders as the company moves into the new fiscal year.
Source: BSE
