Maithan Alloys Ltd.
•₹ 977.1-0.09%
2026-08-21
PROS
- Company has delivered good profit growth of 23.6% CAGR over last 5 years
- Company has a healthy return on capital (ROCE) of 20.7%
- Company comfortably covers its interest (38.0x 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 (106.1% of PBT)
- Recent results are weak - TTM profit is down 68.9% versus prior year
- Company's sales have been declining over the last five years
- Total debt has risen sharply - up 3942.2% year on year
- Operating margins have contracted to -0.8% from 35.6%
* 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 | 556.20 | 20.85 | 15757.85 | 1.53 | 332.82 | -16.60 | 1211.80 | 1.56 | 15.55 | 43.45 |
| 2. | IMFA | 1427.55 | 14.69 | 7702.22 | 0.88 | 192.59 | 108.12 | 960.45 | 49.71 | 18.54 | 29.29 |
| 3. | MAITHANALL | 978.55 | 9.80 | 2848.71 | 1.74 | 395.72 | -26.43 | 539.53 | -14.67 | 23.38 | 16.84 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 400 | 442 | 448 | 433 | 371 | 470 | 540 | 439 | 654 | 502 | 519 | 559 | 571 | |
| 360 | 409 | 413 | 432 | 348 | 417 | 509 | 378 | 604 | 486 | 488 | 492 | 511 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 45 | 61 | 79 | 172 | 561 | 180 | 98 | -113 | 660 | -142 | 89 | -163 | 432 |
| Interest | 0 | 0 | 0 | 1 | 1 | 6 | 6 | 8 | 12 | 12 | 3 | 13 | 4 |
| Depreciation | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | 5 |
| 80 | 90 | 110 | 169 | 579 | 224 | 119 | -64 | 695 | -141 | 112 | -95 | 492 | |
| Tax % | 24.46% | 27.10% | 20.84% | 18.42% | 20.62% | 32.34% | 19.94% | -4.15% | 21.98% | 20.45% | 22.95% | 21.45% | 19.81% |
| Net Profit | 60 | 66 | 87 | 138 | 459 | 152 | 95 | -66 | 542 | -112 | 86 | -75 | 394 |
| 21 | 23 | 30 | 47 | 158 | 52 | 33 | -23 | 186 | -38 | 30 | -3 | 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
- 400
- 360
- Operating Profit
- —
- OPM %
- —
- Other Income
- 45
- Interest
- 0
- Depreciation
- 4
- 80
- Tax %
- 24.46%
- Net Profit
- 60
- 21
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 442
- 409
- Operating Profit
- —
- OPM %
- —
- Other Income
- 61
- Interest
- 0
- Depreciation
- 4
- 90
- Tax %
- 27.10%
- Net Profit
- 66
- 23
- 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
- 4
- 110
- Tax %
- 20.84%
- Net Profit
- 87
- 30
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 433
- 432
- Operating Profit
- —
- OPM %
- —
- Other Income
- 172
- Interest
- 1
- Depreciation
- 4
- 169
- Tax %
- 18.42%
- Net Profit
- 138
- 47
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 371
- 348
- Operating Profit
- —
- OPM %
- —
- Other Income
- 561
- Interest
- 1
- Depreciation
- 4
- 579
- Tax %
- 20.62%
- Net Profit
- 459
- 158
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 470
- 417
- Operating Profit
- —
- OPM %
- —
- Other Income
- 180
- Interest
- 6
- Depreciation
- 4
- 224
- Tax %
- 32.34%
- Net Profit
- 152
- 52
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 540
- 509
- Operating Profit
- —
- OPM %
- —
- Other Income
- 98
- Interest
- 6
- Depreciation
- 4
- 119
- Tax %
- 19.94%
- Net Profit
- 95
- 33
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 439
- 378
- Operating Profit
- —
- OPM %
- —
- Other Income
- -113
- Interest
- 8
- Depreciation
- 4
- -64
- Tax %
- -4.15%
- Net Profit
- -66
- -23
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 654
- 604
- Operating Profit
- —
- OPM %
- —
- Other Income
- 660
- Interest
- 12
- Depreciation
- 4
- 695
- Tax %
- 21.98%
- Net Profit
- 542
- 186
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 502
- 486
- Operating Profit
- —
- OPM %
- —
- Other Income
- -142
- Interest
- 12
- Depreciation
- 4
- -141
- Tax %
- 20.45%
- Net Profit
- -112
- -38
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 519
- 488
- Operating Profit
- —
- OPM %
- —
- Other Income
- 89
- Interest
- 3
- Depreciation
- 3
- 112
- Tax %
- 22.95%
- Net Profit
- 86
- 30
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 559
- 492
- Operating Profit
- —
- OPM %
- —
- Other Income
- -163
- Interest
- 13
- Depreciation
- 4
- -95
- Tax %
- 21.45%
- Net Profit
- -75
- -3
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 571
- 511
- Operating Profit
- —
- OPM %
- —
- Other Income
- 432
- Interest
- 4
- Depreciation
- 5
- 492
- Tax %
- 19.81%
- Net Profit
- 394
- 14
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 3,058 | 2,908 | 1,723 | 1,820 | 2,150 | |
| 1,019 | 1,063 | 1,497 | 1,663 | 1,596 | 1,322 | 2,004 | 2,404 | 1,613 | 1,834 | 1,977 | |
| Operating Profit | 136 | 288 | 399 | 351 | 301 | 321 | 1,089 | 684 | 467 | 897 | — |
| OPM % | 12 | 21 | 21 | 18 | 16 | 20 | 36 | 24 | 27 | 49 | — |
| Other Income | 4 | 8 | 17 | 26 | 66 | 24 | 35 | 181 | 357 | 911 | 217 |
| Interest | 17 | 12 | 8 | 8 | 6 | 3 | 3 | 5 | 3 | 23 | 33 |
| Depreciation | 23 | 25 | 15 | 16 | 16 | 16 | 15 | 15 | 15 | 15 | 16 |
| 96 | 250 | 376 | 327 | 279 | 302 | 1,070 | 563 | 449 | 858 | 368 | |
| Tax % | 17 | 26 | 22 | 22 | 21 | 23 | 25 | 24 | 22 | 25 | 20 |
| Net Profit | 79 | 186 | 292 | 255 | 222 | 233 | 808 | 427 | 351 | 640 | 294 |
| EPS | 27 | 64 | 100 | 88 | 76 | 80 | 277 | 147 | 121 | 220 | — |
| Dividend Payout % | 7 | 4 | 3 | 7 | 8 | 7 | 2 | 4 | 5 | 7 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 27 | 64 | 100 | 88 | 76 | 80 | 277 | 147 | 121 | 220 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 27 | 64 | 100 | 88 | 76 | 80 | 277 | 147 | 121 | 220 | — |
Mar 2016
- 1,151
- 1,019
- Operating Profit
- 136
- OPM %
- 12
- Other Income
- 4
- Interest
- 17
- Depreciation
- 23
- 96
- Tax %
- 17
- 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
- 1,063
- Operating Profit
- 288
- OPM %
- 21
- Other Income
- 8
- Interest
- 12
- Depreciation
- 25
- 250
- Tax %
- 26
- Net Profit
- 186
- EPS
- 64
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 64
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 64
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 %
- 21
- 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
- 1,322
- Operating Profit
- 321
- OPM %
- 20
- Other Income
- 24
- Interest
- 3
- Depreciation
- 16
- 302
- Tax %
- 23
- Net Profit
- 233
- EPS
- 80
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 80
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 80
Mar 2022
- 3,058
- 2,004
- Operating Profit
- 1,089
- OPM %
- 36
- Other Income
- 35
- Interest
- 3
- Depreciation
- 15
- 1,070
- Tax %
- 25
- Net Profit
- 808
- EPS
- 277
- Dividend Payout %
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 277
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 277
Mar 2023
- 2,908
- 2,404
- Operating Profit
- 684
- OPM %
- 24
- Other Income
- 181
- Interest
- 5
- Depreciation
- 15
- 563
- Tax %
- 24
- Net Profit
- 427
- EPS
- 147
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 147
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 147
Mar 2024
- 1,723
- 1,613
- Operating Profit
- 467
- OPM %
- 27
- Other Income
- 357
- Interest
- 3
- Depreciation
- 15
- 449
- Tax %
- 22
- Net Profit
- 351
- EPS
- 121
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 121
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 121
Mar 2025
- 1,820
- 1,834
- Operating Profit
- 897
- OPM %
- 49
- Other Income
- 911
- Interest
- 23
- Depreciation
- 15
- 858
- Tax %
- 25
- Net Profit
- 640
- EPS
- 220
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 220
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 220
TTM
- 2,150
- 1,977
- Operating Profit
- —
- OPM %
- —
- Other Income
- 217
- Interest
- 33
- Depreciation
- 16
- 368
- Tax %
- 20
- Net Profit
- 294
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 7%
- 5 Years:
- 0%
- 3 Years:
- -16%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 29%
- 5 Years:
- 24%
- 3 Years:
- -7%
STOCK PRICE CAGR
- 10 Years:
- 13%
- 5 Years:
- 0%
- 3 Years:
- -2%
- 1 Year:
- -11%
RETURN ON EQUITY
- 10 Years:
- 25%
- 5 Years:
- 21%
- 3 Years:
- 16%
- Last Year:
- 19%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 366 | 563 | 846 | 1,091 | 1,270 | 1,502 | 2,293 | 2,702 | 3,041 | 3,655 | |
| 58 | 61 | 41 | 3 | 7 | 45 | 2 | 8 | 14 | 562 | |
| Trade Payables | 133 | 81 | 147 | 246 | 75 | 183 | 178 | 142 | 84 | 112 |
| 211 | 199 | 158 | 156 | 141 | 146 | 220 | 147 | 190 | 358 | |
| Total Liabilities | 797 | 934 | 1,222 | 1,526 | 1,522 | 1,905 | 2,722 | 3,028 | 3,358 | 4,716 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 260 | 238 | 233 | 219 | 207 | 193 | 160 | 151 | 145 | 136 | |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 2 | 1 | 0 |
| 47 | 84 | 363 | 649 | 26 | 815 | 849 | 938 | 1,869 | 3,221 | |
| 151 | 187 | 248 | 261 | 277 | 349 | 608 | 272 | 340 | 588 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 388 | 145 | |
| Cash & Bank | 54 | 90 | 51 | 43 | 636 | 25 | 94 | 1,077 | 67 | 52 |
| 285 | 336 | 327 | 353 | 374 | 524 | 1,010 | 588 | 550 | 574 | |
| Total Assets | 797 | 934 | 1,222 | 1,526 | 1,522 | 1,905 | 2,722 | 3,028 | 3,358 | 4,716 |
| Total Debt | 139 | 81 | 45 | 7 | 7 | 45 | 2 | 8 | 14 | 562 |
| Net Working Capital | 204 | 351 | 612 | 867 | 1,062 | 1,309 | 2,106 | 2,486 | 2,786 | 2,461 |
| Contingent Liabilities | 107 | 79 | 63 | 152 | 121 | 4 | 6 | 19 | 22 | 12 |
| Book Value per Share | 135.57 | 203.53 | 300.61 | 384.70 | 446.38 | 525.93 | 797.69 | 938.06 | 1054.74 | 1265.75 |
| 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 | 8 | 14 | 562 |
| Net Working Capital | 204 | 351 | 612 | 867 | 1,062 | 1,309 | 2,106 | 2,486 | 2,786 | 2,461 |
| Contingent Liabilities | 107 | 79 | 63 | 152 | 121 | 4 | 6 | 19 | 22 | 12 |
| Book Value per Share | 135.57 | 203.53 | 300.61 | 384.70 | 446.38 | 525.93 | 797.69 | 938.06 | 1054.74 | 1265.75 |
| 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
- 366
- 58
- Trade Payables
- 133
- 211
- Total Liabilities
- 797
- 260
- Capital Work in Progress
- 0
- 47
- 151
- 0
- Cash & Bank
- 54
- 285
- Total Assets
- 797
- Total Debt
- 139
- Net Working Capital
- 204
- Contingent Liabilities
- 107
- Book Value per Share
- 135.57
- Face Value
- 10.00
- Total Debt
- 139
- Net Working Capital
- 204
- Contingent Liabilities
- 107
- Book Value per Share
- 135.57
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 29
- 563
- 61
- Trade Payables
- 81
- 199
- Total Liabilities
- 934
- 238
- Capital Work in Progress
- 0
- 84
- 187
- 0
- Cash & Bank
- 90
- 336
- Total Assets
- 934
- Total Debt
- 81
- Net Working Capital
- 351
- Contingent Liabilities
- 79
- Book Value per Share
- 203.53
- Face Value
- 10.00
- Total Debt
- 81
- Net Working Capital
- 351
- Contingent Liabilities
- 79
- Book Value per Share
- 203.53
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 29
- 846
- 41
- Trade Payables
- 147
- 158
- Total Liabilities
- 1,222
- 233
- Capital Work in Progress
- 0
- 363
- 248
- 0
- Cash & Bank
- 51
- 327
- Total Assets
- 1,222
- Total Debt
- 45
- Net Working Capital
- 612
- Contingent Liabilities
- 63
- Book Value per Share
- 300.61
- Face Value
- 10.00
- Total Debt
- 45
- Net Working Capital
- 612
- Contingent Liabilities
- 63
- Book Value per Share
- 300.61
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 29
- 1,091
- 3
- Trade Payables
- 246
- 156
- Total Liabilities
- 1,526
- 219
- Capital Work in Progress
- 0
- 649
- 261
- 0
- Cash & Bank
- 43
- 353
- Total Assets
- 1,526
- Total Debt
- 7
- Net Working Capital
- 867
- Contingent Liabilities
- 152
- Book Value per Share
- 384.70
- Face Value
- 10.00
- Total Debt
- 7
- Net Working Capital
- 867
- Contingent Liabilities
- 152
- Book Value per Share
- 384.70
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 29
- 1,270
- 7
- Trade Payables
- 75
- 141
- Total Liabilities
- 1,522
- 207
- Capital Work in Progress
- 1
- 26
- 277
- 0
- Cash & Bank
- 636
- 374
- Total Assets
- 1,522
- Total Debt
- 7
- Net Working Capital
- 1,062
- Contingent Liabilities
- 121
- Book Value per Share
- 446.38
- Face Value
- 10.00
- Total Debt
- 7
- Net Working Capital
- 1,062
- Contingent Liabilities
- 121
- Book Value per Share
- 446.38
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 29
- 1,502
- 45
- Trade Payables
- 183
- 146
- Total Liabilities
- 1,905
- 193
- Capital Work in Progress
- 0
- 815
- 349
- 0
- Cash & Bank
- 25
- 524
- Total Assets
- 1,905
- Total Debt
- 45
- Net Working Capital
- 1,309
- Contingent Liabilities
- 4
- Book Value per Share
- 525.93
- Face Value
- 10.00
- Total Debt
- 45
- Net Working Capital
- 1,309
- Contingent Liabilities
- 4
- Book Value per Share
- 525.93
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 29
- 2,293
- 2
- Trade Payables
- 178
- 220
- Total Liabilities
- 2,722
- 160
- Capital Work in Progress
- 0
- 849
- 608
- 0
- Cash & Bank
- 94
- 1,010
- Total Assets
- 2,722
- Total Debt
- 2
- Net Working Capital
- 2,106
- Contingent Liabilities
- 6
- Book Value per Share
- 797.69
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 2,106
- Contingent Liabilities
- 6
- Book Value per Share
- 797.69
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 29
- 2,702
- 8
- Trade Payables
- 142
- 147
- Total Liabilities
- 3,028
- 151
- Capital Work in Progress
- 2
- 938
- 272
- 0
- Cash & Bank
- 1,077
- 588
- Total Assets
- 3,028
- Total Debt
- 8
- Net Working Capital
- 2,486
- Contingent Liabilities
- 19
- Book Value per Share
- 938.06
- Face Value
- 10.00
- Total Debt
- 8
- Net Working Capital
- 2,486
- Contingent Liabilities
- 19
- Book Value per Share
- 938.06
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 29
- 3,041
- 14
- Trade Payables
- 84
- 190
- Total Liabilities
- 3,358
- 145
- Capital Work in Progress
- 1
- 1,869
- 340
- 388
- Cash & Bank
- 67
- 550
- Total Assets
- 3,358
- Total Debt
- 14
- Net Working Capital
- 2,786
- Contingent Liabilities
- 22
- Book Value per Share
- 1054.74
- Face Value
- 10.00
- Total Debt
- 14
- Net Working Capital
- 2,786
- Contingent Liabilities
- 22
- Book Value per Share
- 1054.74
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 29
- 3,655
- 562
- Trade Payables
- 112
- 358
- Total Liabilities
- 4,716
- 136
- Capital Work in Progress
- 0
- 3,221
- 588
- 145
- Cash & Bank
- 52
- 574
- Total Assets
- 4,716
- Total Debt
- 562
- Net Working Capital
- 2,461
- Contingent Liabilities
- 12
- Book Value per Share
- 1265.75
- Face Value
- 10.00
- Total Debt
- 562
- Net Working Capital
- 2,461
- Contingent Liabilities
- 12
- Book Value per Share
- 1265.75
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 136 | 123 | 284 | 315 | -45 | 116 | 128 | 958 | -440 | 532 | |
| Cash from Investing | -11 | -8 | -280 | -270 | 697 | -760 | -0 | -956 | 416 | -1,056 |
| Cash from Financing | -101 | -74 | -55 | -54 | -43 | 37 | -62 | -13 | -14 | 505 |
| 25 | 41 | -50 | -9 | 609 | -607 | 66 | -11 | -37 | -19 | |
| Free Cash Flow | -146 | 123 | 273 | 313 | -47 | 116 | 128 | 951 | -448 | 527 |
| OCF / Net Profit | 1.72 | 0.66 | 0.97 | 1.23 | -0.20 | 0.50 | 0.16 | 2.25 | -1.25 | 0.83 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 517 | 779 | 784 | 1,462 | 701 | 1,274 |
| OCF / Net Profit | 1.72 | 0.66 | 0.97 | 1.23 | -0.20 | 0.50 | 0.16 | 2.25 | -1.25 | 0.83 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 517 | 779 | 784 | 1,462 | 701 | 1,274 |
Mar 2016
- 136
- Cash from Investing
- -11
- Cash from Financing
- -101
- 25
- Free Cash Flow
- -146
- OCF / Net Profit
- 1.72
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.72
- Cumulative 5-Year FCF
- 0
Mar 2017
- 123
- Cash from Investing
- -8
- Cash from Financing
- -74
- 41
- Free Cash Flow
- 123
- OCF / Net Profit
- 0.66
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.66
- Cumulative 5-Year FCF
- 0
Mar 2018
- 284
- Cash from Investing
- -280
- Cash from Financing
- -55
- -50
- Free Cash Flow
- 273
- 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
- -270
- Cash from Financing
- -54
- -9
- Free Cash Flow
- 313
- 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
- 697
- Cash from Financing
- -43
- 609
- Free Cash Flow
- -47
- OCF / Net Profit
- -0.20
- Cumulative 5-Year FCF
- 517
- OCF / Net Profit
- -0.20
- Cumulative 5-Year FCF
- 517
Mar 2021
- 116
- Cash from Investing
- -760
- Cash from Financing
- 37
- -607
- Free Cash Flow
- 116
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- 779
- OCF / Net Profit
- 0.50
- Cumulative 5-Year FCF
- 779
Mar 2022
- 128
- Cash from Investing
- -0
- Cash from Financing
- -62
- 66
- Free Cash Flow
- 128
- OCF / Net Profit
- 0.16
- Cumulative 5-Year FCF
- 784
- OCF / Net Profit
- 0.16
- Cumulative 5-Year FCF
- 784
Mar 2023
- 958
- Cash from Investing
- -956
- Cash from Financing
- -13
- -11
- Free Cash Flow
- 951
- OCF / Net Profit
- 2.25
- Cumulative 5-Year FCF
- 1,462
- OCF / Net Profit
- 2.25
- Cumulative 5-Year FCF
- 1,462
Mar 2024
- -440
- Cash from Investing
- 416
- Cash from Financing
- -14
- -37
- Free Cash Flow
- -448
- OCF / Net Profit
- -1.25
- Cumulative 5-Year FCF
- 701
- OCF / Net Profit
- -1.25
- Cumulative 5-Year FCF
- 701
Mar 2025
- 532
- Cash from Investing
- -1,056
- Cash from Financing
- 505
- -19
- Free Cash Flow
- 527
- OCF / Net Profit
- 0.83
- Cumulative 5-Year FCF
- 1,274
- OCF / Net Profit
- 0.83
- Cumulative 5-Year FCF
- 1,274
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 27.15 | 63.78 | 100.22 | 87.69 | 76.23 | 80.05 | 277.46 | 146.52 | 120.59 | 219.93 |
| Book Value (₹) | 135.57 | 203.53 | 300.61 | 384.70 | 446.38 | 525.93 | 797.69 | 938.06 | 1054.74 | 1265.75 |
| 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 (₹) | 35.15 | 72.48 | 105.52 | 93.06 | 81.66 | 85.42 | 282.71 | 151.50 | 125.80 | 225.05 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 11.22% | 20.49% | 21.11% | 17.64% | 16.43% | 19.83% | 35.61% | 23.53% | 6.40% | -0.80% |
| Net Margin % | 6.54% | 13.23% | 15.43% | 12.84% | 12.12% | 14.39% | 26.42% | 14.67% | 20.37% | 35.18% |
| ROE % | 21.67% | 37.62% | 39.76% | 25.59% | 18.34% | 16.47% | 41.92% | 16.88% | 12.10% | 18.96% |
| ROCE % | 25.13% | 43.44% | 48.17% | 32.74% | 23.43% | 21.21% | 55.05% | 22.43% | 15.52% | 24.05% |
| 11.73% | 21.46% | 27.07% | 18.58% | 14.56% | 13.60% | 34.91% | 14.84% | 10.99% | 15.86% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 58 | 55 | 45 | 46 | 54 | 81 | 72 | 74 | 86 | 53 |
| Inventory Days | 41 | 44 | 42 | 47 | 54 | 70 | 57 | 55 | 65 | 93 |
| Payable Days | 65 | 59 | 42 | 63 | 55 | 56 | 52 | 37 | 46 | 33 |
| 34 | 40 | 46 | 30 | 52 | 95 | 76 | 93 | 105 | 113 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.35x | 0.14x | 0.05x | 0.01x | 0.01x | 0.03x | 0.00x | 0.00x | 0.00x | 0.15x |
| Interest Coverage (x) | 6.79x | 21.24x | 49.06x | 40.76x | 48.39x | 95.81x | 312.04x | 122.35x | 154.79x | 37.97x |
| 1.68x | 2.20x | 2.94x | 3.34x | 6.72x | 4.90x | 6.71x | 10.28x | 13.00x | 4.07x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 30.07% | 16.62% | 40.00% | 5.80% | -7.90% | -11.53% | 88.77% | -4.91% | -40.74% | 5.61% |
| Operating Profit Growth % | 83.71% | 112.16% | 38.80% | -12.15% | -14.21% | 6.78% | 238.89% | -37.16% | -31.71% | 91.92% |
| Net Profit Growth % | 53.36% | 134.94% | 57.13% | -12.50% | -13.08% | 5.02% | 246.60% | -47.19% | -17.70% | 82.39% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -17.70% | 82.39% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.11x | 3.99x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.93x | 0.69x |
| 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 | 5.98x | 3.42x |
Mar 2016
- EPS (₹)
- 27.15
- Book Value (₹)
- 135.57
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 35.15
- Operating Margin %
- 11.22%
- Net Margin %
- 6.54%
- ROE %
- 21.67%
- ROCE %
- 25.13%
- 11.73%
- Debtor Days
- 58
- Inventory Days
- 41
- Payable Days
- 65
- 34
- Debt to Equity (x)
- 0.35x
- Interest Coverage (x)
- 6.79x
- 1.68x
- Revenue Growth %
- 30.07%
- Operating Profit Growth %
- 83.71%
- Net Profit Growth %
- 53.36%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 63.78
- Book Value (₹)
- 203.53
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 72.48
- Operating Margin %
- 20.49%
- Net Margin %
- 13.23%
- ROE %
- 37.62%
- ROCE %
- 43.44%
- 21.46%
- Debtor Days
- 55
- Inventory Days
- 44
- Payable Days
- 59
- 40
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 21.24x
- 2.20x
- Revenue Growth %
- 16.62%
- Operating Profit Growth %
- 112.16%
- Net Profit Growth %
- 134.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 100.22
- Book Value (₹)
- 300.61
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 105.52
- Operating Margin %
- 21.11%
- Net Margin %
- 15.43%
- ROE %
- 39.76%
- ROCE %
- 48.17%
- 27.07%
- Debtor Days
- 45
- Inventory Days
- 42
- Payable Days
- 42
- 46
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 49.06x
- 2.94x
- Revenue Growth %
- 40.00%
- Operating Profit Growth %
- 38.80%
- Net Profit Growth %
- 57.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 87.69
- Book Value (₹)
- 384.70
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 93.06
- Operating Margin %
- 17.64%
- Net Margin %
- 12.84%
- ROE %
- 25.59%
- ROCE %
- 32.74%
- 18.58%
- Debtor Days
- 46
- Inventory Days
- 47
- Payable Days
- 63
- 30
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 40.76x
- 3.34x
- Revenue Growth %
- 5.80%
- Operating Profit Growth %
- -12.15%
- Net Profit Growth %
- -12.50%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 76.23
- Book Value (₹)
- 446.38
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 81.66
- Operating Margin %
- 16.43%
- Net Margin %
- 12.12%
- ROE %
- 18.34%
- ROCE %
- 23.43%
- 14.56%
- Debtor Days
- 54
- Inventory Days
- 54
- Payable Days
- 55
- 52
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 48.39x
- 6.72x
- Revenue Growth %
- -7.90%
- Operating Profit Growth %
- -14.21%
- Net Profit Growth %
- -13.08%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 80.05
- Book Value (₹)
- 525.93
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 85.42
- Operating Margin %
- 19.83%
- Net Margin %
- 14.39%
- ROE %
- 16.47%
- ROCE %
- 21.21%
- 13.60%
- Debtor Days
- 81
- Inventory Days
- 70
- Payable Days
- 56
- 95
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 95.81x
- 4.90x
- Revenue Growth %
- -11.53%
- Operating Profit Growth %
- 6.78%
- Net Profit Growth %
- 5.02%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 277.46
- Book Value (₹)
- 797.69
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 282.71
- Operating Margin %
- 35.61%
- Net Margin %
- 26.42%
- ROE %
- 41.92%
- ROCE %
- 55.05%
- 34.91%
- Debtor Days
- 72
- Inventory Days
- 57
- Payable Days
- 52
- 76
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 312.04x
- 6.71x
- Revenue Growth %
- 88.77%
- Operating Profit Growth %
- 238.89%
- Net Profit Growth %
- 246.60%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 146.52
- Book Value (₹)
- 938.06
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 151.50
- Operating Margin %
- 23.53%
- Net Margin %
- 14.67%
- ROE %
- 16.88%
- ROCE %
- 22.43%
- 14.84%
- Debtor Days
- 74
- Inventory Days
- 55
- Payable Days
- 37
- 93
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 122.35x
- 10.28x
- Revenue Growth %
- -4.91%
- Operating Profit Growth %
- -37.16%
- Net Profit Growth %
- -47.19%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 120.59
- Book Value (₹)
- 1054.74
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 125.80
- Operating Margin %
- 6.40%
- Net Margin %
- 20.37%
- ROE %
- 12.10%
- ROCE %
- 15.52%
- 10.99%
- Debtor Days
- 86
- Inventory Days
- 65
- Payable Days
- 46
- 105
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 154.79x
- 13.00x
- Revenue Growth %
- -40.74%
- Operating Profit Growth %
- -31.71%
- Net Profit Growth %
- -17.70%
- -17.70%
- P/E (x)
- 8.11x
- P/B (x)
- 0.93x
- Dividend Yield %
- 0.61%
- 5.98x
Mar 2025
- EPS (₹)
- 219.93
- Book Value (₹)
- 1265.75
- Dividend per Share (₹)
- 16.00
- Cash EPS (₹)
- 225.05
- Operating Margin %
- -0.80%
- Net Margin %
- 35.18%
- ROE %
- 18.96%
- ROCE %
- 24.05%
- 15.86%
- Debtor Days
- 53
- Inventory Days
- 93
- Payable Days
- 33
- 113
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 37.97x
- 4.07x
- Revenue Growth %
- 5.61%
- Operating Profit Growth %
- 91.92%
- Net Profit Growth %
- 82.39%
- 82.39%
- P/E (x)
- 3.99x
- P/B (x)
- 0.69x
- Dividend Yield %
- 1.82%
- 3.42x
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.