Maithan Alloys Ltd.
•₹ 977.1-0.09%
2026-08-21
PROS
- Company has delivered good profit growth of 23.2% CAGR over last 5 years
- Company has a healthy return on capital (ROCE) of 21.1%
- Company has consistently been profitable over the last 5 years
- Company comfortably covers its interest (36.3x coverage)
- Company has a consistent dividend-paying track record
- Company maintains a comfortable, low leverage position
CONS
- Company is loss-making at the operating / net level
- A large part of profit comes from other income (106.2% of PBT)
- Recent results are weak - TTM profit is down 68.9% versus prior year
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.41x)
- Company's sales have been declining over the last five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | NAVA | 549.60 | 20.59 | 15567.70 | 1.55 | 332.82 | -16.60 | 1211.80 | 1.56 | 15.55 | 43.45 |
| 2. | IMFA | 1459.20 | 15.02 | 7872.98 | 0.86 | 192.59 | 108.12 | 960.45 | 49.71 | 18.54 | 29.29 |
| 3. | MAITHANALL | 987.80 | 9.90 | 2875.64 | 1.72 | 395.72 | -26.43 | 539.53 | -14.67 | 23.38 | 16.84 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 404 | 444 | 448 | 433 | 375 | 464 | 531 | 435 | 632 | 491 | 490 | 559 | 540 | |
| 363 | 411 | 413 | 427 | 354 | 415 | 502 | 359 | 567 | 459 | 435 | 453 | 459 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 44 | 60 | 79 | 174 | 561 | 179 | 97 | -116 | 649 | -153 | 76 | -159 | 417 |
| Interest | 0 | 0 | 0 | 1 | 2 | 5 | 6 | 8 | 12 | 14 | 4 | 14 | 5 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| 80 | 87 | 108 | 175 | 576 | 217 | 114 | -54 | 696 | -141 | 122 | -72 | 498 | |
| Tax % | 25.12% | 28.42% | 21.36% | 18.75% | 20.77% | 34.38% | 20.58% | -6.97% | 22.71% | 15.73% | 23.68% | 2.27% | 20.51% |
| Net Profit | 0 | 0 | 0 | 0 | 456 | 143 | 90 | -58 | 538 | -119 | 93 | -71 | 396 |
| 20 | 21 | 29 | 49 | 157 | 49 | 31 | -21 | 184 | -42 | 31 | -24 | 14 | |
| Equity Capital | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 404
- 363
- Operating Profit
- —
- OPM %
- —
- Other Income
- 44
- Interest
- 0
- Depreciation
- 5
- 80
- Tax %
- 25.12%
- Net Profit
- 0
- 20
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 444
- 411
- Operating Profit
- —
- OPM %
- —
- Other Income
- 60
- Interest
- 0
- Depreciation
- 5
- 87
- Tax %
- 28.42%
- Net Profit
- 0
- 21
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 448
- 413
- Operating Profit
- —
- OPM %
- —
- Other Income
- 79
- Interest
- 0
- Depreciation
- 5
- 108
- Tax %
- 21.36%
- Net Profit
- 0
- 29
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 433
- 427
- Operating Profit
- —
- OPM %
- —
- Other Income
- 174
- Interest
- 1
- Depreciation
- 5
- 175
- Tax %
- 18.75%
- Net Profit
- 0
- 49
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 375
- 354
- Operating Profit
- —
- OPM %
- —
- Other Income
- 561
- Interest
- 2
- Depreciation
- 5
- 576
- Tax %
- 20.77%
- Net Profit
- 456
- 157
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 464
- 415
- Operating Profit
- —
- OPM %
- —
- Other Income
- 179
- Interest
- 5
- Depreciation
- 6
- 217
- Tax %
- 34.38%
- Net Profit
- 143
- 49
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 531
- 502
- Operating Profit
- —
- OPM %
- —
- Other Income
- 97
- Interest
- 6
- Depreciation
- 6
- 114
- Tax %
- 20.58%
- Net Profit
- 90
- 31
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 435
- 359
- Operating Profit
- —
- OPM %
- —
- Other Income
- -116
- Interest
- 8
- Depreciation
- 6
- -54
- Tax %
- -6.97%
- Net Profit
- -58
- -21
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 632
- 567
- Operating Profit
- —
- OPM %
- —
- Other Income
- 649
- Interest
- 12
- Depreciation
- 6
- 696
- Tax %
- 22.71%
- Net Profit
- 538
- 184
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 491
- 459
- Operating Profit
- —
- OPM %
- —
- Other Income
- -153
- Interest
- 14
- Depreciation
- 6
- -141
- Tax %
- 15.73%
- Net Profit
- -119
- -42
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 490
- 435
- Operating Profit
- —
- OPM %
- —
- Other Income
- 76
- Interest
- 4
- Depreciation
- 6
- 122
- Tax %
- 23.68%
- Net Profit
- 93
- 31
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 559
- 453
- Operating Profit
- —
- OPM %
- —
- Other Income
- -159
- Interest
- 14
- Depreciation
- 6
- -72
- Tax %
- 2.27%
- Net Profit
- -71
- -24
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 540
- 459
- Operating Profit
- —
- OPM %
- —
- Other Income
- 417
- Interest
- 5
- Depreciation
- 6
- 498
- Tax %
- 20.51%
- Net Profit
- 396
- 14
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,151 | 1,342 | 1,879 | 1,988 | 1,831 | 1,620 | 2,992 | 2,885 | 1,729 | 1,806 | 2,080 | |
| 1,019 | 1,069 | 1,497 | 1,663 | 1,596 | 1,325 | 1,922 | 2,296 | 1,613 | 1,811 | 1,805 | |
| Operating Profit | 136 | 282 | 399 | 351 | 301 | 318 | 1,103 | 764 | 473 | 900 | — |
| OPM % | 12 | 21 | 21 | 18 | 16 | 20 | 37 | 26 | 27 | 50 | — |
| Other Income | 4 | 8 | 17 | 26 | 66 | 24 | 32 | 175 | 358 | 905 | 180 |
| Interest | 17 | 12 | 8 | 8 | 6 | 3 | 3 | 5 | 3 | 24 | 36 |
| Depreciation | 23 | 25 | 15 | 16 | 16 | 16 | 17 | 20 | 21 | 23 | 23 |
| 96 | 244 | 376 | 327 | 279 | 299 | 1,082 | 637 | 450 | 852 | 406 | |
| Tax % | 18 | 26 | 22 | 22 | 20 | 23 | 24 | 22 | 22 | 26 | 26 |
| Net Profit | 79 | 180 | 292 | 255 | 222 | 230 | 818 | 499 | 349 | 631 | 299 |
| EPS | 27 | 62 | 100 | 88 | 76 | 79 | 281 | 171 | 120 | 216 | — |
| Dividend Payout % | 7 | 4 | 3 | 7 | 8 | 8 | 2 | 3 | 5 | 7 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | -1 | 3 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 27 | 62 | 100 | 88 | 76 | 79 | 281 | 171 | 120 | 216 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | -1 | 3 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 27 | 62 | 100 | 88 | 76 | 79 | 281 | 171 | 120 | 216 | — |
Mar 2016
- 1,151
- 1,019
- Operating Profit
- 136
- OPM %
- 12
- Other Income
- 4
- Interest
- 17
- Depreciation
- 23
- 96
- Tax %
- 18
- Net Profit
- 79
- EPS
- 27
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 27
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 27
Mar 2017
- 1,342
- 1,069
- Operating Profit
- 282
- OPM %
- 21
- Other Income
- 8
- Interest
- 12
- Depreciation
- 25
- 244
- Tax %
- 26
- Net Profit
- 180
- EPS
- 62
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 62
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 62
Mar 2018
- 1,879
- 1,497
- Operating Profit
- 399
- OPM %
- 21
- Other Income
- 17
- Interest
- 8
- Depreciation
- 15
- 376
- Tax %
- 22
- Net Profit
- 292
- EPS
- 100
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 100
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 100
Mar 2019
- 1,988
- 1,663
- Operating Profit
- 351
- OPM %
- 18
- Other Income
- 26
- Interest
- 8
- Depreciation
- 16
- 327
- Tax %
- 22
- Net Profit
- 255
- EPS
- 88
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 88
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 88
Mar 2020
- 1,831
- 1,596
- Operating Profit
- 301
- OPM %
- 16
- Other Income
- 66
- Interest
- 6
- Depreciation
- 16
- 279
- Tax %
- 20
- Net Profit
- 222
- EPS
- 76
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 76
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 76
Mar 2021
- 1,620
- 1,325
- Operating Profit
- 318
- OPM %
- 20
- Other Income
- 24
- Interest
- 3
- Depreciation
- 16
- 299
- Tax %
- 23
- Net Profit
- 230
- EPS
- 79
- Dividend Payout %
- 8
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 79
- Minority Interest
- 1
- Share of Associates
- 0
- Adjusted EPS
- 79
Mar 2022
- 2,992
- 1,922
- Operating Profit
- 1,103
- OPM %
- 37
- Other Income
- 32
- Interest
- 3
- Depreciation
- 17
- 1,082
- Tax %
- 24
- Net Profit
- 818
- EPS
- 281
- Dividend Payout %
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 281
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 281
Mar 2023
- 2,885
- 2,296
- Operating Profit
- 764
- OPM %
- 26
- Other Income
- 175
- Interest
- 5
- Depreciation
- 20
- 637
- Tax %
- 22
- Net Profit
- 499
- EPS
- 171
- Dividend Payout %
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 171
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 171
Mar 2024
- 1,729
- 1,613
- Operating Profit
- 473
- OPM %
- 27
- Other Income
- 358
- Interest
- 3
- Depreciation
- 21
- 450
- Tax %
- 22
- Net Profit
- 349
- EPS
- 120
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 120
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 120
Mar 2025
- 1,806
- 1,811
- Operating Profit
- 900
- OPM %
- 50
- Other Income
- 905
- Interest
- 24
- Depreciation
- 23
- 852
- Tax %
- 26
- Net Profit
- 631
- EPS
- 216
- Dividend Payout %
- 7
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 216
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 216
TTM
- 2,080
- 1,805
- Operating Profit
- —
- OPM %
- —
- Other Income
- 180
- Interest
- 36
- Depreciation
- 23
- 406
- Tax %
- 26
- Net Profit
- 299
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 3
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 3
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 5%
- 5 Years:
- 0%
- 3 Years:
- -15%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 28%
- 5 Years:
- 23%
- 3 Years:
- -8%
STOCK PRICE CAGR
- 10 Years:
- 13%
- 5 Years:
- 0%
- 3 Years:
- -1%
- 1 Year:
- -11%
RETURN ON EQUITY
- 10 Years:
- 25%
- 5 Years:
- 22%
- 3 Years:
- 17%
- Last Year:
- 18%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| 364 | 556 | 839 | 1,083 | 1,263 | 1,492 | 2,294 | 2,775 | 3,113 | 3,717 | |
| 58 | 61 | 41 | 3 | 7 | 45 | 2 | 8 | 14 | 577 | |
| Trade Payables | 133 | 69 | 147 | 246 | 75 | 183 | 197 | 150 | 88 | 133 |
| 215 | 187 | 159 | 157 | 142 | 148 | 229 | 177 | 225 | 393 | |
| Total Liabilities | 799 | 902 | 1,215 | 1,519 | 1,516 | 1,898 | 2,751 | 3,140 | 3,468 | 4,849 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 267 | 242 | 238 | 229 | 217 | 203 | 276 | 267 | 253 | 312 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 2 | 54 | 1 |
| 36 | 70 | 343 | 628 | 6 | 795 | 824 | 870 | 1,788 | 3,056 | |
| 151 | 187 | 248 | 261 | 277 | 349 | 676 | 304 | 350 | 1,086 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 387 | 143 | |
| Cash & Bank | 54 | 91 | 57 | 45 | 639 | 27 | 102 | 1,128 | 78 | 59 |
| 291 | 313 | 329 | 355 | 376 | 524 | 872 | 569 | 559 | 191 | |
| Total Assets | 799 | 902 | 1,215 | 1,519 | 1,516 | 1,898 | 2,751 | 3,140 | 3,468 | 4,849 |
| Total Debt | 139 | 81 | 45 | 7 | 7 | 45 | 2 | 16 | 27 | 585 |
| Net Working Capital | 211 | 353 | 620 | 869 | 1,065 | 1,312 | 1,996 | 2,487 | 2,779 | 2,519 |
| Contingent Liabilities | 107 | 79 | 63 | 152 | 134 | 4 | 6 | 19 | 24 | 14 |
| Book Value per Share | 135.02 | 201.00 | 298.10 | 382.18 | 443.91 | 522.71 | 798.03 | 963.33 | 1079.32 | 1286.87 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 139 | 81 | 45 | 7 | 7 | 45 | 2 | 16 | 27 | 585 |
| Net Working Capital | 211 | 353 | 620 | 869 | 1,065 | 1,312 | 1,996 | 2,487 | 2,779 | 2,519 |
| Contingent Liabilities | 107 | 79 | 63 | 152 | 134 | 4 | 6 | 19 | 24 | 14 |
| Book Value per Share | 135.02 | 201.00 | 298.10 | 382.18 | 443.91 | 522.71 | 798.03 | 963.33 | 1079.32 | 1286.87 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 29
- 364
- 58
- Trade Payables
- 133
- 215
- Total Liabilities
- 799
- 267
- Capital Work in Progress
- 0
- 36
- 151
- 0
- Cash & Bank
- 54
- 291
- Total Assets
- 799
- Total Debt
- 139
- Net Working Capital
- 211
- Contingent Liabilities
- 107
- Book Value per Share
- 135.02
- Face Value
- 10.00
- Total Debt
- 139
- Net Working Capital
- 211
- Contingent Liabilities
- 107
- Book Value per Share
- 135.02
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 29
- 556
- 61
- Trade Payables
- 69
- 187
- Total Liabilities
- 902
- 242
- Capital Work in Progress
- 0
- 70
- 187
- 0
- Cash & Bank
- 91
- 313
- Total Assets
- 902
- Total Debt
- 81
- Net Working Capital
- 353
- Contingent Liabilities
- 79
- Book Value per Share
- 201.00
- Face Value
- 10.00
- Total Debt
- 81
- Net Working Capital
- 353
- Contingent Liabilities
- 79
- Book Value per Share
- 201.00
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 29
- 839
- 41
- Trade Payables
- 147
- 159
- Total Liabilities
- 1,215
- 238
- Capital Work in Progress
- 0
- 343
- 248
- 0
- Cash & Bank
- 57
- 329
- Total Assets
- 1,215
- Total Debt
- 45
- Net Working Capital
- 620
- Contingent Liabilities
- 63
- Book Value per Share
- 298.10
- Face Value
- 10.00
- Total Debt
- 45
- Net Working Capital
- 620
- Contingent Liabilities
- 63
- Book Value per Share
- 298.10
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 29
- 1,083
- 3
- Trade Payables
- 246
- 157
- Total Liabilities
- 1,519
- 229
- Capital Work in Progress
- 0
- 628
- 261
- 0
- Cash & Bank
- 45
- 355
- Total Assets
- 1,519
- Total Debt
- 7
- Net Working Capital
- 869
- Contingent Liabilities
- 152
- Book Value per Share
- 382.18
- Face Value
- 10.00
- Total Debt
- 7
- Net Working Capital
- 869
- Contingent Liabilities
- 152
- Book Value per Share
- 382.18
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 29
- 1,263
- 7
- Trade Payables
- 75
- 142
- Total Liabilities
- 1,516
- 217
- Capital Work in Progress
- 1
- 6
- 277
- 0
- Cash & Bank
- 639
- 376
- Total Assets
- 1,516
- Total Debt
- 7
- Net Working Capital
- 1,065
- Contingent Liabilities
- 134
- Book Value per Share
- 443.91
- Face Value
- 10.00
- Total Debt
- 7
- Net Working Capital
- 1,065
- Contingent Liabilities
- 134
- Book Value per Share
- 443.91
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 29
- 1,492
- 45
- Trade Payables
- 183
- 148
- Total Liabilities
- 1,898
- 203
- Capital Work in Progress
- 0
- 795
- 349
- 0
- Cash & Bank
- 27
- 524
- Total Assets
- 1,898
- Total Debt
- 45
- Net Working Capital
- 1,312
- Contingent Liabilities
- 4
- Book Value per Share
- 522.71
- Face Value
- 10.00
- Total Debt
- 45
- Net Working Capital
- 1,312
- Contingent Liabilities
- 4
- Book Value per Share
- 522.71
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 29
- 2,294
- 2
- Trade Payables
- 197
- 229
- Total Liabilities
- 2,751
- 276
- Capital Work in Progress
- 0
- 824
- 676
- 0
- Cash & Bank
- 102
- 872
- Total Assets
- 2,751
- Total Debt
- 2
- Net Working Capital
- 1,996
- Contingent Liabilities
- 6
- Book Value per Share
- 798.03
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 1,996
- Contingent Liabilities
- 6
- Book Value per Share
- 798.03
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 29
- 2,775
- 8
- Trade Payables
- 150
- 177
- Total Liabilities
- 3,140
- 267
- Capital Work in Progress
- 2
- 870
- 304
- 0
- Cash & Bank
- 1,128
- 569
- Total Assets
- 3,140
- Total Debt
- 16
- Net Working Capital
- 2,487
- Contingent Liabilities
- 19
- Book Value per Share
- 963.33
- Face Value
- 10.00
- Total Debt
- 16
- Net Working Capital
- 2,487
- Contingent Liabilities
- 19
- Book Value per Share
- 963.33
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 29
- 3,113
- 14
- Trade Payables
- 88
- 225
- Total Liabilities
- 3,468
- 253
- Capital Work in Progress
- 54
- 1,788
- 350
- 387
- Cash & Bank
- 78
- 559
- Total Assets
- 3,468
- Total Debt
- 27
- Net Working Capital
- 2,779
- Contingent Liabilities
- 24
- Book Value per Share
- 1079.32
- Face Value
- 10.00
- Total Debt
- 27
- Net Working Capital
- 2,779
- Contingent Liabilities
- 24
- Book Value per Share
- 1079.32
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 29
- 3,717
- 577
- Trade Payables
- 133
- 393
- Total Liabilities
- 4,849
- 312
- Capital Work in Progress
- 1
- 3,056
- 1,086
- 143
- Cash & Bank
- 59
- 191
- Total Assets
- 4,849
- Total Debt
- 585
- Net Working Capital
- 2,519
- Contingent Liabilities
- 14
- Book Value per Share
- 1286.87
- Face Value
- 10.00
- Total Debt
- 585
- Net Working Capital
- 2,519
- Contingent Liabilities
- 14
- Book Value per Share
- 1286.87
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 136 | 126 | 284 | 315 | -45 | 117 | 237 | 968 | -409 | 50 | |
| Cash from Investing | -11 | -11 | -280 | -276 | 696 | -761 | -105 | -962 | 369 | -591 |
| Cash from Financing | -101 | -74 | -49 | -54 | -43 | 37 | -62 | -5 | -9 | 522 |
| 24 | 41 | -44 | -15 | 609 | -607 | 70 | 1 | -49 | -19 | |
| Free Cash Flow | 127 | 126 | 276 | 307 | -45 | 116 | 156 | 955 | -467 | 20 |
| OCF / Net Profit | 1.73 | 0.70 | 0.97 | 1.23 | -0.20 | 0.51 | 0.29 | 1.94 | -1.17 | 0.08 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 790 | 780 | 810 | 1,489 | 716 | 781 |
| OCF / Net Profit | 1.73 | 0.70 | 0.97 | 1.23 | -0.20 | 0.51 | 0.29 | 1.94 | -1.17 | 0.08 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 790 | 780 | 810 | 1,489 | 716 | 781 |
Mar 2016
- 136
- Cash from Investing
- -11
- Cash from Financing
- -101
- 24
- Free Cash Flow
- 127
- OCF / Net Profit
- 1.73
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.73
- Cumulative 5-Year FCF
- 0
Mar 2017
- 126
- Cash from Investing
- -11
- Cash from Financing
- -74
- 41
- Free Cash Flow
- 126
- OCF / Net Profit
- 0.70
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.70
- Cumulative 5-Year FCF
- 0
Mar 2018
- 284
- Cash from Investing
- -280
- Cash from Financing
- -49
- -44
- Free Cash Flow
- 276
- OCF / Net Profit
- 0.97
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.97
- Cumulative 5-Year FCF
- 0
Mar 2019
- 315
- Cash from Investing
- -276
- Cash from Financing
- -54
- -15
- Free Cash Flow
- 307
- OCF / Net Profit
- 1.23
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.23
- Cumulative 5-Year FCF
- 0
Mar 2020
- -45
- Cash from Investing
- 696
- Cash from Financing
- -43
- 609
- Free Cash Flow
- -45
- OCF / Net Profit
- -0.20
- Cumulative 5-Year FCF
- 790
- OCF / Net Profit
- -0.20
- Cumulative 5-Year FCF
- 790
Mar 2021
- 117
- Cash from Investing
- -761
- Cash from Financing
- 37
- -607
- Free Cash Flow
- 116
- OCF / Net Profit
- 0.51
- Cumulative 5-Year FCF
- 780
- OCF / Net Profit
- 0.51
- Cumulative 5-Year FCF
- 780
Mar 2022
- 237
- Cash from Investing
- -105
- Cash from Financing
- -62
- 70
- Free Cash Flow
- 156
- OCF / Net Profit
- 0.29
- Cumulative 5-Year FCF
- 810
- OCF / Net Profit
- 0.29
- Cumulative 5-Year FCF
- 810
Mar 2023
- 968
- Cash from Investing
- -962
- Cash from Financing
- -5
- 1
- Free Cash Flow
- 955
- OCF / Net Profit
- 1.94
- Cumulative 5-Year FCF
- 1,489
- OCF / Net Profit
- 1.94
- Cumulative 5-Year FCF
- 1,489
Mar 2024
- -409
- Cash from Investing
- 369
- Cash from Financing
- -9
- -49
- Free Cash Flow
- -467
- OCF / Net Profit
- -1.17
- Cumulative 5-Year FCF
- 716
- OCF / Net Profit
- -1.17
- Cumulative 5-Year FCF
- 716
Mar 2025
- 50
- Cash from Investing
- -591
- Cash from Financing
- 522
- -19
- Free Cash Flow
- 20
- OCF / Net Profit
- 0.08
- Cumulative 5-Year FCF
- 781
- OCF / Net Profit
- 0.08
- Cumulative 5-Year FCF
- 781
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 27.08 | 61.72 | 100.24 | 87.67 | 76.27 | 79.30 | 281.02 | 171.44 | 119.88 | 216.48 |
| Book Value (₹) | 135.02 | 201.00 | 298.10 | 382.18 | 443.91 | 522.71 | 798.03 | 963.33 | 1079.32 | 1286.87 |
| Dividend per Share (₹) | 2.00 | 2.50 | 3.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 16.00 |
| Cash EPS (₹) | 35.06 | 70.39 | 105.54 | 93.04 | 81.70 | 84.39 | 286.83 | 178.36 | 127.01 | 224.73 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 11.22% | 20.06% | 21.11% | 17.64% | 16.44% | 19.65% | 36.85% | 26.47% | 6.70% | -0.30% |
| Net Margin % | 6.52% | 12.79% | 15.43% | 12.84% | 12.13% | 14.20% | 27.34% | 17.30% | 20.19% | 34.94% |
| ROE % | 22.02% | 36.72% | 40.17% | 25.78% | 18.47% | 16.35% | 42.55% | 19.46% | 11.74% | 18.32% |
| ROCE % | 21.01% | 42.76% | 48.63% | 32.98% | 23.58% | 21.12% | 55.80% | 24.94% | 15.11% | 23.38% |
| 9.96% | 21.12% | 27.57% | 18.67% | 14.63% | 13.48% | 35.19% | 16.94% | 10.56% | 15.17% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 61 | 55 | 45 | 46 | 54 | 81 | 69 | 70 | 86 | 54 |
| Inventory Days | 49 | 44 | 42 | 47 | 54 | 70 | 62 | 62 | 69 | 145 |
| Payable Days | 77 | 56 | 39 | 63 | 55 | 56 | 60 | 46 | 48 | 40 |
| 33 | 43 | 48 | 30 | 52 | 95 | 71 | 86 | 106 | 159 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.35x | 0.14x | 0.05x | 0.01x | 0.01x | 0.03x | 0.00x | 0.01x | 0.01x | 0.16x |
| Interest Coverage (x) | 6.79x | 20.75x | 49.07x | 40.77x | 48.41x | 94.87x | 315.61x | 134.22x | 149.36x | 36.30x |
| 1.70x | 2.32x | 2.97x | 3.34x | 6.72x | 4.88x | 6.07x | 9.48x | 12.06x | 3.97x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 4.00% | 16.62% | 40.00% | 5.80% | -7.90% | -11.53% | 84.74% | -3.59% | -40.08% | 4.45% |
| Operating Profit Growth % | 14.04% | 107.70% | 41.81% | -12.15% | -14.19% | 5.75% | 246.44% | -30.74% | -38.02% | 90.11% |
| Net Profit Growth % | 49.71% | 127.97% | 62.47% | -12.54% | -13.01% | 3.61% | 255.62% | -39.00% | -30.07% | 80.80% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -30.08% | 80.59% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.16x | 4.06x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.91x | 0.68x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.61% | 1.82% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.91x | 3.43x |
Mar 2016
- EPS (₹)
- 27.08
- Book Value (₹)
- 135.02
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 35.06
- Operating Margin %
- 11.22%
- Net Margin %
- 6.52%
- ROE %
- 22.02%
- ROCE %
- 21.01%
- 9.96%
- Debtor Days
- 61
- Inventory Days
- 49
- Payable Days
- 77
- 33
- Debt to Equity (x)
- 0.35x
- Interest Coverage (x)
- 6.79x
- 1.70x
- Revenue Growth %
- 4.00%
- Operating Profit Growth %
- 14.04%
- Net Profit Growth %
- 49.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 61.72
- Book Value (₹)
- 201.00
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 70.39
- Operating Margin %
- 20.06%
- Net Margin %
- 12.79%
- ROE %
- 36.72%
- ROCE %
- 42.76%
- 21.12%
- Debtor Days
- 55
- Inventory Days
- 44
- Payable Days
- 56
- 43
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 20.75x
- 2.32x
- Revenue Growth %
- 16.62%
- Operating Profit Growth %
- 107.70%
- Net Profit Growth %
- 127.97%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 100.24
- Book Value (₹)
- 298.10
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 105.54
- Operating Margin %
- 21.11%
- Net Margin %
- 15.43%
- ROE %
- 40.17%
- ROCE %
- 48.63%
- 27.57%
- Debtor Days
- 45
- Inventory Days
- 42
- Payable Days
- 39
- 48
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 49.07x
- 2.97x
- Revenue Growth %
- 40.00%
- Operating Profit Growth %
- 41.81%
- Net Profit Growth %
- 62.47%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 87.67
- Book Value (₹)
- 382.18
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 93.04
- Operating Margin %
- 17.64%
- Net Margin %
- 12.84%
- ROE %
- 25.78%
- ROCE %
- 32.98%
- 18.67%
- Debtor Days
- 46
- Inventory Days
- 47
- Payable Days
- 63
- 30
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 40.77x
- 3.34x
- Revenue Growth %
- 5.80%
- Operating Profit Growth %
- -12.15%
- Net Profit Growth %
- -12.54%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 76.27
- Book Value (₹)
- 443.91
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 81.70
- Operating Margin %
- 16.44%
- Net Margin %
- 12.13%
- ROE %
- 18.47%
- ROCE %
- 23.58%
- 14.63%
- Debtor Days
- 54
- Inventory Days
- 54
- Payable Days
- 55
- 52
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 48.41x
- 6.72x
- Revenue Growth %
- -7.90%
- Operating Profit Growth %
- -14.19%
- Net Profit Growth %
- -13.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 79.30
- Book Value (₹)
- 522.71
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 84.39
- Operating Margin %
- 19.65%
- Net Margin %
- 14.20%
- ROE %
- 16.35%
- ROCE %
- 21.12%
- 13.48%
- Debtor Days
- 81
- Inventory Days
- 70
- Payable Days
- 56
- 95
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 94.87x
- 4.88x
- Revenue Growth %
- -11.53%
- Operating Profit Growth %
- 5.75%
- Net Profit Growth %
- 3.61%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 281.02
- Book Value (₹)
- 798.03
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 286.83
- Operating Margin %
- 36.85%
- Net Margin %
- 27.34%
- ROE %
- 42.55%
- ROCE %
- 55.80%
- 35.19%
- Debtor Days
- 69
- Inventory Days
- 62
- Payable Days
- 60
- 71
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 315.61x
- 6.07x
- Revenue Growth %
- 84.74%
- Operating Profit Growth %
- 246.44%
- Net Profit Growth %
- 255.62%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 171.44
- Book Value (₹)
- 963.33
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 178.36
- Operating Margin %
- 26.47%
- Net Margin %
- 17.30%
- ROE %
- 19.46%
- ROCE %
- 24.94%
- 16.94%
- Debtor Days
- 70
- Inventory Days
- 62
- Payable Days
- 46
- 86
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 134.22x
- 9.48x
- Revenue Growth %
- -3.59%
- Operating Profit Growth %
- -30.74%
- Net Profit Growth %
- -39.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 119.88
- Book Value (₹)
- 1079.32
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 127.01
- Operating Margin %
- 6.70%
- Net Margin %
- 20.19%
- ROE %
- 11.74%
- ROCE %
- 15.11%
- 10.56%
- Debtor Days
- 86
- Inventory Days
- 69
- Payable Days
- 48
- 106
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 149.36x
- 12.06x
- Revenue Growth %
- -40.08%
- Operating Profit Growth %
- -38.02%
- Net Profit Growth %
- -30.07%
- -30.08%
- P/E (x)
- 8.16x
- P/B (x)
- 0.91x
- Dividend Yield %
- 0.61%
- 5.91x
Mar 2025
- EPS (₹)
- 216.48
- Book Value (₹)
- 1286.87
- Dividend per Share (₹)
- 16.00
- Cash EPS (₹)
- 224.73
- Operating Margin %
- -0.30%
- Net Margin %
- 34.94%
- ROE %
- 18.32%
- ROCE %
- 23.38%
- 15.17%
- Debtor Days
- 54
- Inventory Days
- 145
- Payable Days
- 40
- 159
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 36.30x
- 3.97x
- Revenue Growth %
- 4.45%
- Operating Profit Growth %
- 90.11%
- Net Profit Growth %
- 80.80%
- 80.59%
- P/E (x)
- 4.06x
- P/B (x)
- 0.68x
- Dividend Yield %
- 1.82%
- 3.43x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-14 - Maithan Alloys Limited has informed the Exchange about Copy of Newspaper Publication of Extract of the Standalone and Consolidated Un-Audited Financial Results of the Company for the quarter ended 30.06.2026.
- Record Date
2026-08-13 - Maithan Alloys Limited has informed the Exchange that Record date for the purpose of Dividend is 21-Sep-2026.
Annual Reports
Credit Ratings
Nothing filed yet.