Maithan Alloys

Who are in the management team of Maithan Alloys?

As of March 2021, the management team of Maithan Alloys includes S C Agarwalla (Chairman & Managing Director), Subodh Agarwalla (Whole Time Director & CEO), and several non-executive directors, responsible for the company's strategic direction and operations.

As of March 2021, the management team of Maithan Alloys includes the following members:<BR><BR>1. S C Agarwalla - Chairman & Managing Director<BR>2. Subodh Agarwalla - Whole Time Director & CEO<BR>3. Nand Kishore Agarwal - Non-Executive & Independent Director<BR>4. Rajesh K Shah - Company Secretary<BR>5. P K Venkatramani - Non-Executive & Independent Director<BR>6. Kalpana Biswass Kundu - Non-Executive & Independent Director<BR>7. Ashok Bhandari - Non-Executive & Independent Director<BR>8. Vivek Kaul - Non-Executive & Non-Independent Director<BR>9. Srinivas Peddi - Additional Non-Executive Director<BR><BR>This team is responsible for guiding the company's strategic direction and operations.

What is the bonus history of the Maithan Alloys?

Maithan Alloys has issued bonuses twice: a 1:1 bonus on July 15, 2015, and a 1:2 bonus on June 19, 2010, demonstrating the company's commitment to rewarding shareholders.

Maithan Alloys has a history of bonus issues that includes two significant events. The latest bonus was a 1:1 issue announced with an ex-date of July 15, 2015, and the record date was July 16, 2015. Prior to that, there was a bonus issue on June 19, 2010, which was a 1:2 ratio, with the ex-date being June 17, 2010. This reflects the company's approach to rewarding its shareholders through bonus shares over the years.

Has Maithan Alloys declared dividend?

Yes, Maithan Alloys Ltd. has declared a dividend of 70% (₹3 per share) with an ex-date of June 6, 2025. While recent total returns have been negative, the company has shown strong growth over the longer term, particularly with a total return of 162.27% over the past five years.

Maithan Alloys Ltd. has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 70%<BR>- Amount per share: 3<BR>- Ex-date: 06 Jun 25<BR><BR>Dividend Yield: 0.84%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -8.23%, the dividend return was 0.83%, resulting in a total return of -7.4%.<BR><BR>Over the past year, the price return was -4.49%, the dividend return was 1.31%, leading to a total return of -3.18%.<BR><BR>In the 2-year period, the price return was 11.02%, the dividend return was 2.20%, culminating in a total return of 13.22%.<BR><BR>For the 3-year period, the price return was 13.16%, the dividend return was 3.27%, resulting in a total return of 16.43%.<BR><BR>In the last 4 years, the price return was 30.78%, the dividend return was 3.32%, leading to a total return of 34.1%.<BR><BR>Over the past 5 years, the price return was 155.05%, the dividend return was 7.22%, culminating in a total return of 162.27%.<BR><BR>Overall, Maithan Alloys has declared a significant dividend, and while the recent total returns over shorter periods have been negative, the longer-term returns indicate strong growth, particularly over the 5-year period.

Who are the peers of the Maithan Alloys?

Peers of Maithan Alloys include JSW Steel, Tata Steel, Jindal Steel, Lloyds Metals, SAIL, Prakash Industri, Mukand, Vraj Iron, and Manaksia Steels. In terms of management risk, growth, and capital structure, Maithan Alloys shows average performance compared to its peers, with a 1-year return of -3.11%.

Peers: The peers of Maithan Alloys are JSW Steel, Tata Steel, Jindal Steel, Lloyds Metals, SAIL, Prakash Industri, Mukand, Vraj Iron, and Manaksia Steels.<BR><BR>Quality Snapshot: Excellent management risk is observed at JSW Steel, Tata Steel, Jindal Steel, Lloyds Metals, and SAIL, while Average management risk is found at Maithan Alloys, Mukand, and Vraj Iron, and the rest. Below Average management risk is noted for Prakash Industri and Manaksia Steels. In terms of Growth, Excellent growth is seen at Lloyds Metals, while Good growth is observed at Jindal Steel, Mukand, and the rest. Average growth is found at Tata Steel, while Below Average growth is noted for Maithan Alloys, SAIL, Prakash Industri, Vraj Iron, and Manaksia Steels. For Capital Structure, Excellent capital structure is observed at Maithan Alloys, Lloyds Metals, Vraj Iron, and Manaksia Steels, while Good capital structure is noted for Jindal Steel and the rest, and Below Average capital structure is found at JSW Steel, SAIL, and Prakash Industri.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Lloyds Metals at 105.83%, while the lowest is SAIL at -21.06%. Maithan Alloys has a 1-year return of -3.11%, which is higher than SAIL's but lower than Lloyds Metals'. Additionally, the six-month return is negative for Mukand, Vraj Iron, and Prakash Industri.

What does Maithan Alloys do?

Maithan Alloys Ltd. manufactures and exports bulk Ferro alloys in the Ferrous Metals industry. As of March 2025, it reported net sales of ₹4,352 Cr and a net loss of ₹610 Cr, with a market cap of ₹3,332 Cr.

Overview: <BR>Maithan Alloys Ltd. is primarily engaged in the manufacturing and exporting of bulk Ferro alloys and operates within the Ferrous Metals industry as a Small Cap company.<BR><BR>History: <BR>Maithan Alloys Ltd. was incorporated in an unspecified year and is promoted and managed by the Agarwalla family. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Net Sales: 4,352 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: -610 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 3,332 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 5.00 <BR>Industry P/E: 8 <BR>Dividend Yield: 1.40% <BR>Debt Equity: -0.39 <BR>Return on Equity: 16.82% <BR>Price to Book: 0.89 <BR><BR>Contact Details: <BR>Address: Ideal Centre 4th Floor, 9 A J C Bose Road Kolkata West Bengal : 700017 <BR>Tel: 91-33-64502228 <BR>Email: kolkata@maithanalloys.com <BR>Website: http://www.maithanalloys.com

Who are the top shareholders of the Maithan Alloys?

The top shareholders of Maithan Alloys include promoters, with Sheela Devi Agarwalla holding 21.81%. Individual investors own 18.25%, while Foreign Institutional Investors hold 1.12%, and there are no mutual funds or pledged promoter holdings.

The top shareholders of Maithan Alloys primarily consist of the promoters, with Sheela Devi Agarwalla holding the highest individual stake at 21.81%. Additionally, individual investors collectively own 18.25% of the shares. There are 39 Foreign Institutional Investors (FIIs) that hold a total of 1.12% of the company's shares, while no mutual funds currently hold any shares in the company. There are no pledged promoter holdings reported.

How big is Maithan Alloys?

As of 24th July, Maithan Alloys Ltd. has a market capitalization of 3,406.00 Cr, with recent net sales of 1,805.61 Cr and a net profit of 630.18 Cr. The company's shareholder's funds are 3,141.90 Cr, and total assets amount to 3,468.08 Cr.

As of 24th July, Maithan Alloys Ltd. has a market capitalization of 3,406.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest four quarters, Maithan Alloys reported Net Sales of 1,805.61 Cr and a Net Profit of 630.18 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 3,141.90 Cr and Total Assets of 3,468.08 Cr.

When is the next results date for Maithan Alloys?

Maithan Alloys will announce its results on 13 August 2025.

Maithan Alloys is scheduled to declare its results on 13 August 2025.

Is Maithan Alloys overvalued or undervalued?

As of August 14, 2025, Maithan Alloys is considered an attractive investment opportunity in the ferrous metals industry, with strong performance metrics and a significant discount compared to peers, despite a recent downgrade in valuation grade.

As of 14 August 2025, the valuation grade for Maithan Alloys has moved from very attractive to attractive. The company is currently considered undervalued, with a PE ratio of 4.52, a Price to Book Value of 0.86, and an EV to EBITDA of 7.97. In comparison to its peers, Indian Metals has a PE ratio of 12.51, indicating that Maithan Alloys is trading at a significant discount relative to this competitor.<BR><BR>Despite the recent grade change, Maithan Alloys shows strong performance metrics, including a ROE of 16.82% and a dividend yield of 1.45%. While the stock has underperformed the Sensex on a year-to-date basis, it has outperformed over the past year with a return of 7.48% compared to the Sensex's 1.89%. Overall, the valuation metrics suggest that Maithan Alloys presents a compelling investment opportunity in the ferrous metals industry.

How has been the historical performance of Maithan Alloys?

Maithan Alloys has experienced fluctuating net sales and profits, with a decline in sales from 2,884.95 Cr in Mar'23 to 1,805.61 Cr in Mar'25, but an increase in profit after tax to 630.91 Cr in Mar'25. The company improved its cash flow from operating activities significantly, despite rising total liabilities.

Answer:<BR>The historical performance of Maithan Alloys shows a fluctuating trend in net sales and profits over the years, with significant variations in operating income and expenses.<BR><BR>Breakdown:<BR>Maithan Alloys' net sales have seen a decline from 2,884.95 Cr in Mar'23 to 1,805.61 Cr in Mar'25, with a notable drop in operating profit from 1,100.32 Cr in Mar'22 to 897.36 Cr in Mar'25. The total expenditure, excluding depreciation, has also decreased from 2,298.71 Cr in Mar'23 to 1,629.09 Cr in Mar'25, reflecting a reduction in costs. The profit before tax increased from 449.53 Cr in Mar'24 to 852.43 Cr in Mar'25, while the profit after tax rose to 630.91 Cr in Mar'25 from 348.96 Cr in Mar'24. The company's total assets grew from 3,139.96 Cr in Mar'23 to 4,848.94 Cr in Mar'25, driven by an increase in reserves and current assets. However, total liabilities also increased significantly from 3,468.08 Cr in Mar'24 to 4,848.94 Cr in Mar'25. Cash flow from operating activities improved to 49.00 Cr in Mar'25, contrasting with a negative cash flow of -408.00 Cr in Mar'24, although the net cash outflow was -19.00 Cr in Mar'25. Overall, while Maithan Alloys has experienced fluctuations in sales and profits, it has shown resilience in managing its expenses and improving its cash flow position.

Is Maithan Alloys technically bullish or bearish?

As of November 17, 2025, Maithan Alloys shows a mildly bearish trend with bearish indicators across multiple time frames, despite a slightly bullish daily moving average.

As of 17 November 2025, the technical trend for Maithan Alloys has changed from sideways to mildly bearish. The current stance is bearish with a moderate strength. The weekly MACD is bearish, and both the weekly and monthly Bollinger Bands indicate bearish conditions. The KST is mildly bearish on the weekly and bearish on the monthly, while the Dow Theory also reflects a mildly bearish outlook across both time frames. Although the daily moving averages show a mildly bullish signal, this is outweighed by the overall bearish indicators. The stock has underperformed compared to the Sensex across multiple time frames, further supporting the bearish sentiment.

Are Maithan Alloys Ltd. latest results good or bad?

Maithan Alloys Ltd.'s latest results show a significant profit recovery with a net profit of ₹88.90 crores for Q3 FY26, up 173.50% from the previous quarter, and improved operating margins. However, a 7.68% decline in net sales and heavy reliance on non-operating income raise concerns about the sustainability of this performance, suggesting a cautious outlook for investors.

Maithan Alloys Ltd.'s latest results present a mixed picture. On one hand, the company reported a net profit of ₹88.90 crores for Q3 FY26, which is a significant recovery of 173.50% compared to the previous quarter, indicating a positive trend in profitability. Additionally, the operating margin improved to 11.30%, up from 6.54% in the previous quarter, showcasing better cost management.<BR><BR>However, the overall performance is overshadowed by a decline in net sales, which fell by 7.68% year-on-year to ₹490.28 crores. This decline raises concerns about the company's ability to sustain growth, especially in a challenging industry environment characterized by weak steel demand and volatile raw material prices. Furthermore, a substantial portion of the profit before tax—62.15%—was derived from other income, which raises questions about the sustainability of these earnings.<BR><BR>Overall, while there are signs of recovery in profitability, the declining sales and reliance on non-operating income suggest that the results are not entirely positive. Investors may need to be cautious and focus on the company's ability to generate consistent operational performance moving forward.

Should I buy, sell or hold Maithan Alloys Ltd.?

Why is Maithan Alloys Ltd. falling/rising?

As of 02-Feb, Maithan Alloys Ltd. is facing a decline in stock price, currently at 991.20, with a significant drop in investor participation and poor long-term growth indicators. The stock's performance has been volatile, and recent financial results show a concerning decrease in profits and sales, contributing to negative investor sentiment.

As of 02-Feb, Maithan Alloys Ltd. is experiencing a decline in its stock price, currently at 991.20, which reflects a change of -1.2 (-0.12%). The stock has been underperforming, having lost -4.7% over the last four days, marking a consecutive fall. Additionally, the stock's performance today has underperformed the sector by -0.26%. <BR><BR>In terms of intraday movements, the stock reached a high of Rs 1013.95, but also fell to a low of Rs 969.2, indicating significant volatility. The weighted average price suggests that more volume was traded closer to the low price, which may indicate a lack of confidence among investors. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by -24.85% compared to the five-day average.<BR><BR>Financially, the company has shown poor long-term growth, with operating profit declining at an annual rate of -1.34% over the last five years. Recent quarterly results have also been disappointing, with net sales falling by -6.1% and profit after tax decreasing by -20.1% compared to previous averages. Despite a relatively low debt-to-equity ratio and an attractive valuation, the significant drop in profits by -46.8% over the past year raises concerns about the company's financial health. Additionally, the absence of domestic mutual fund investment may indicate a lack of confidence in the company's prospects at its current valuation. <BR><BR>Overall, these factors contribute to the stock's downward trend, reflecting investor sentiment and financial performance challenges.

Which are the latest news on Maithan Alloys?