Maithan Alloys

Why is Maithan Alloys Ltd. falling/rising?

As of 30-Aug, Maithan Alloys Ltd. is facing a stock price decline to 982.45, down 1.06%. This drop is due to underperformance in its sector, significant profit decreases, and declining investor participation, despite being net-debt free and having an attractive valuation.

As of 30-Aug, Maithan Alloys Ltd. is experiencing a decline in its stock price, currently at 982.45, which reflects a change of -10.55 or -1.06%. This downward movement can be attributed to several factors. The stock has underperformed its sector by -1.17% today and has been on a consecutive fall for the last two days, resulting in a total decline of -2.59% during this period. <BR><BR>Additionally, the stock's performance relative to the benchmark Sensex shows a mixed picture; while it has outperformed the Sensex over the past week and month, it has underperformed in the year-to-date and one-year periods, with returns of -3.67% and -5.62%, respectively. The company's profits have significantly decreased by -59.1% over the past year, contributing to investor concerns.<BR><BR>Investor participation has also been declining, as indicated by a -26.27% drop in delivery volume compared to the five-day average. Although the stock is net-debt free and has an attractive valuation with a price to book value of 0.7, these positive aspects are overshadowed by the recent performance trends and falling investor interest, leading to the current decline in stock price.

Which are the latest news on Maithan Alloys?

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

Who are in the management team of Maithan Alloys?

The management team of Maithan Alloys includes S C Agarwalla (Chairman & Managing Director), Subodh Agarwalla (Whole Time Director & CEO), and several independent and non-executive directors, playing a key role in the company's governance and strategy.

The management team of Maithan Alloys includes the following key 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 plays a crucial role in the governance and strategic direction of the company.

What does Maithan Alloys do?

Maithan Alloys Ltd. manufactures and exports bulk Ferro alloys in the Ferrous Metals industry, with a market cap of INR 2,870 Cr. As of June 2026, it reported net sales of 540 Cr and a net profit of 393 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, categorized as a Small Cap company.<BR><BR>History: <BR>Maithan Alloys Ltd. was incorporated in an unspecified year and has maintained its status as a manufacturer and exporter of Ferro alloys. The latest quarterly results reported are for June 2026, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>- Net Sales: 540 Cr (Quarterly Results - Jun 2026) <BR>- Net Profit: 393 Cr (Quarterly Results - Jun 2026) <BR>- Market Cap: INR 2,870 Cr (Small Cap) <BR><BR>Key Metrics: <BR>- P/E: 7.00 <BR>- Industry P/E: 12 <BR>- Dividend Yield: 1.71% <BR>- Debt Equity: -0.37 <BR>- Return on Equity: 10.46% <BR>- Price to Book: 0.70 <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 peers of the Maithan Alloys?

Maithan Alloys' peers include NMDC Steel, Indian Metals, Kirl. Ferrous, Sunflag Iron, Jai Balaji Inds., Prakash Industri, Mukand, S.A.L Steel, and Neetu Yoshi. In terms of management risk, growth, and capital structure, they vary, with Indian Metals showing the highest 1-year return at 80.14% and Maithan Alloys at -9.46%.

Peers: The peers of Maithan Alloys are NMDC Steel, Indian Metals, Kirl. Ferrous, Sunflag Iron, Jai Balaji Inds., Prakash Industri, Mukand, S.A.L Steel, and Neetu Yoshi.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kirl. Ferrous and Neetu Yoshi, while Average management risk is found at NMDC Steel, Indian Metals, Sunflag Iron, Jai Balaji Inds., and Maithan Alloys. Below Average management risk is present at Prakash Industri, Mukand, and S.A.L Steel. In terms of growth, Excellent growth is seen at NMDC Steel and Jai Balaji Inds., while Below Average growth is noted at Indian Metals, Kirl. Ferrous, Sunflag Iron, Maithan Alloys, Prakash Industri, Mukand, and S.A.L Steel, and the rest. Good capital structure is held by Kirl. Ferrous and Neetu Yoshi, while Excellent capital structure is noted at Indian Metals, Maithan Alloys, and Prakash Industri, and the rest have Below Average or Average capital structures.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Indian Metals at 80.14%, while Kirl. Ferrous has the lowest at -19.74%. Maithan Alloys has a 1-year return of -9.46%, which is lower than both extremes. Additionally, the six-month return is negative for Indian Metals, Kirl. Ferrous, Prakash Industri, Mukand, and S.A.L Steel.

How big is Maithan Alloys?

As of 14th August, Maithan Alloys Ltd. has a market capitalization of 2,853.00 Cr, classifying it as a Small Cap company, with recent net sales of 2,079.81 Cr and net profit of 290.55 Cr over the latest four quarters.

As of 14th August, <BR><BR>Market Cap: Maithan Alloys Ltd. has a market capitalization of 2,853.00 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 2,079.81 Cr, while the sum of Net Profit for the same period is 290.55 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 3,746.08 Cr, and Total Assets are valued at 4,848.94 Cr.

When is the next results date for Maithan Alloys Ltd.?

The next results date for Maithan Alloys Ltd. is 13 August 2026.

The next results date for Maithan Alloys Ltd. is scheduled for 13 August 2026.

Are Maithan Alloys Ltd. latest results good or bad?

Maithan Alloys Ltd. reported a significant net loss of ₹70.44 crores, a 179.24% decline from the previous quarter, mainly due to a sharp drop in other income. However, operationally, the company showed positive signs with a 14.05% revenue increase and improved operating margins, indicating potential recovery in core business performance.

Maithan Alloys Ltd.'s latest results present a mixed picture. On one hand, the company reported a significant decline in net profit, posting a loss of ₹70.44 crores, which is a drastic drop of 179.24% compared to the previous quarter. This loss was primarily driven by a sharp negative swing in other income, which turned to a loss of ₹158.96 crores from a positive figure in the prior quarter.<BR><BR>On the other hand, the operational performance shows promising signs. The company achieved a revenue increase of 14.05% quarter-on-quarter, reaching ₹559.18 crores, and its operating margin (excluding other income) improved to 19.01%, the highest in eight quarters. This indicates that the core business operations are gaining momentum and becoming more efficient.<BR><BR>Overall, while the headline loss is concerning, the underlying operational metrics suggest that Maithan Alloys is on a recovery path. Investors may need to weigh the negative impact of exceptional items against the positive trends in operational performance to form a complete view of the company's health.

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.

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 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.

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.

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.