Maithan Alloys

  • Market Cap: Small Cap
  • Industry: Ferrous Metals
  • ISIN: INE683C01011
  • NSEID: MAITHANALL
  • BSEID: 590078
INR
1,026.05
23.75 (2.37%)
BSENSE

Feb 03

BSE+NSE Vol: 45.26 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
{
  "main_header": {
    "sid": 132112,
    "name": "Maithan Alloys",
    "stock_name": "Maithan Alloys",
    "full_name": "Maithan Alloys Ltd.",
    "name_url": "stocks-analysis/maithan-alloys",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "1,026.05",
    "chg": 23.75,
    "chgp": "2.37%",
    "dir": 1,
    "prev_price": "1,002.30",
    "mcapval": "2,989.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 590078,
    "symbol": "MAITHANALL",
    "ind_name": "Ferrous Metals",
    "ind_code": 41,
    "indexname": "",
    "isin": "INE683C01011",
    "curr_date": "Feb 03",
    "curr_time": "",
    "bse_nse_vol": "45.26 k",
    "exc_status": "Active",
    "traded_date": "Feb 03, 2026",
    "traded_date_str": "2026 02 03",
    "score": "",
    "scoreText": "",
    "Live": 0,
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  "news": {
    "results": [
      {
        "title": "Maithan Alloys Ltd. is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/maithan-alloys-ltd-is-rated-sell-3816121",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/2/MaithanAlloysLt_mojoScore_3816121.png",
        "date": "2026-02-02 10:11:05",
        "description": "Maithan Alloys Ltd. is rated 'Sell' by MarketsMOJO, with this rating last updated on 21 January 2026. However, the analysis and financial metrics presented here reflect the stock's current position as of 02 February 2026, providing investors with the most up-to-date view of the company’s fundamentals, returns, and market standing."
      },
      {
        "title": "Are Maithan Alloys Ltd. latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-maithan-alloys-ltd-latest-results-good-or-bad-3813278",
        "imagepath": "",
        "date": "2026-01-31 19:17:13",
        "description": "Maithan Alloys Ltd. has reported its financial results for the third quarter of FY26, revealing a complex operational landscape. The company recorded net sales of ₹490.28 crores, reflecting a year-on-year decline of 7.68%, while sequentially, sales showed a marginal decrease of 0.11% compared to the previous quarter. This stagnation in sales raises concerns about demand dynamics in the ferro alloys sector, which is currently facing broader industry pressures.\n\nOn the profitability front, Maithan Alloys achieved a net profit of ₹88.90 crores, which represents a year-on-year decrease of 2.12%. However, it is noteworthy that this figure marks a significant recovery of 173.50% compared to the previous quarter's loss. The operating profit, excluding other income, improved to ₹55.41 crores, yielding an operating margin of 11.30%, a substantial increase from 5.54% in the same quarter last year and 6.54% in the pre..."
      },
      {
        "title": "Maithan Alloys Q3 FY26: Recovery Stalls Amid Volatile Other Income",
        "link": "https://www.marketsmojo.com/news/result-analysis/maithan-alloys-q3-fy26-recovery-stalls-amid-volatile-other-income-3811989",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/MaithanAlloys_quaterlyResult_3811989.png",
        "date": "2026-01-30 20:00:56",
        "description": "Maithan Alloys Ltd., India's second-largest ferro alloys manufacturer, reported consolidated net profit of ₹88.90 crores for Q3 FY26, marking a modest 2.12% year-on-year decline but a significant 173.50% quarter-on-quarter recovery from the previous quarter's loss of ₹120.95 crores. Despite the sequential improvement, the Kolkata-headquartered company continues to grapple with volatile other income and subdued operating performance, raising concerns about earnings quality and sustainability."
      },
      {
        "title": "Are Maithan Alloys Ltd. latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-maithan-alloys-ltd-latest-results-good-or-bad-3811847",
        "imagepath": "",
        "date": "2026-01-30 19:18:34",
        "description": "Maithan Alloys Ltd. reported its financial results for Q2 FY26, revealing a complex picture of operational performance amid significant challenges. The company recorded a net profit of -₹120.95 crores, reflecting a substantial decline compared to the previous quarter and the same period last year. This negative outcome was primarily influenced by an extraordinary negative other income of ₹153.46 crores, which starkly contrasted with a positive figure of ₹648.86 crores in Q1 FY26. \n\nDespite these challenges, Maithan Alloys achieved a year-on-year revenue growth of 5.73%, with net sales reaching ₹490.82 crores. However, on a sequential basis, net sales declined by 22.38%, indicating typical seasonal fluctuations in the ferrous alloys industry. The operating profit, excluding other income, was ₹32.12 crores, which signifies a decrease from the previous quarter and reflects pressure from rising raw material cos..."
      },
      {
        "title": "Maithan Alloys Falls 12.06%: 4 Key Factors Driving the Weekly Decline",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/maithan-alloys-falls-1206-4-key-factors-driving-the-weekly-decline-3804294",
        "imagepath": "",
        "date": "2026-01-25 16:00:11",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>19 Jan:</strong> Downgrade to Strong Sell amid weak financials and bearish technicals</p>\n                    <p><strong>20 Jan:</strong> Technical momentum shifts to mildly bearish with mixed signals</p>\n                    <p><strong>21 Jan:</strong> Valuation metrics improve signalling renewed price attractiveness</p>\n                    <p><strong>22 Jan:</strong> Rating upgraded to Sell reflecting mixed technical and valuation signals</p>\n                    <p><strong>23 Jan:</strong> Week closes at ₹980.85, down 3.31% on the day</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</d..."
      },
      {
        "title": "Maithan Alloys Ltd. Rating Upgraded to Sell Amid Mixed Technical and Valuation Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/maithan-alloys-ltd-rating-upgraded-to-sell-amid-mixed-technical-and-valuation-signals-3799583",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/MaithanAlloysLt_mojoScore_3799583.png",
        "date": "2026-01-22 08:04:36",
        "description": "Maithan Alloys Ltd., a key player in the ferrous metals sector, has seen its investment rating upgraded from Strong Sell to Sell as of 21 January 2026. This change reflects a nuanced shift in the company’s technical outlook and valuation metrics, despite ongoing challenges in its financial performance and market returns. Investors are advised to consider the detailed analysis across quality, valuation, financial trends, and technical indicators before making decisions."
      },
      {
        "title": "Maithan Alloys Ltd: Valuation Shifts Signal Renewed Price Attractiveness Amid Market Volatility",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/maithan-alloys-ltd-valuation-shifts-signal-renewed-price-attractiveness-amid-market-volatility-3797536",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/MaithanAlloysLt_valuationdot_3797536.png",
        "date": "2026-01-21 08:00:11",
        "description": "Maithan Alloys Ltd., a key player in the ferrous metals sector, has witnessed a notable shift in its valuation parameters, moving from fair to attractive territory. This change comes amid a backdrop of mixed returns relative to the broader Sensex index, prompting investors to reassess the stock’s price appeal and growth prospects."
      },
      {
        "title": "Maithan Alloys Downgraded to Strong Sell Amid Weak Financials and Bearish Technicals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/maithan-alloys-downgraded-to-strong-sell-amid-weak-financials-and-bearish-technicals-3795410",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/MaithanAlloysLt_mojoScore_3795410.png",
        "date": "2026-01-20 08:07:01",
        "description": "Maithan Alloys Ltd., a key player in the ferrous metals sector, has seen its investment rating downgraded from Sell to Strong Sell as of 19 Jan 2026. This shift reflects a combination of deteriorating technical indicators, disappointing financial results, and valuation concerns, signalling heightened caution for investors amid a challenging market environment."
      },
      {
        "title": "Maithan Alloys Ltd. Faces Technical Momentum Shift Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/maithan-alloys-ltd-faces-technical-momentum-shift-amid-mixed-market-signals-3795113",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/1/MaithanAlloysLt_technicaldot_3795113.png",
        "date": "2026-01-20 08:00:17",
        "description": "Maithan Alloys Ltd., a key player in the ferrous metals sector, has experienced a notable shift in its technical momentum, moving from a mildly bullish to a mildly bearish stance. This transition is underscored by a complex interplay of technical indicators, including MACD, RSI, moving averages, and other trend signals, reflecting a nuanced market sentiment as the stock trades near ₹1,096.70, down 1.68% from its previous close."
      }
    ],
    "total": 197,
    "sid": "132112",
    "stock_news_url": "https://www.marketsmojo.com/news/maithan-alloys-132112"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "31-Jan-2026",
      "details": "Newspaper advertisement relating to publication of the Extract of Standalone and Consolidated Un-Audited Financial Results of the Company for the quarter and nine months ended 31.12.2025.",
      "source": "BSE"
    },
    {
      "caption": "Outcome Of Board Meeting",
      "datetime": "31-Jan-2026",
      "details": "Approval of Re-classification request received under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015.",
      "source": "BSE"
    },
    {
      "caption": "Outcome Of The Board Meeting - Material Related Party Transactions",
      "datetime": "30-Jan-2026",
      "details": "The Board of Directors of the Company at its Meeting held today i.e. 30th January 2026 have inter-alia approved the Material Related Party Transactions with Maithan Ferrous Private Limited (a subsidiary of the Company) upto an aggregate amount of Rs. 600 Crore during the Financial Year 2026-2027 subject to the approval of the shareholders.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Maithan Alloys Ltd. has declared <strong>60%</strong> dividend, ex-date: 19 Sep 25",
          "dt": "2025-09-19",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "",
      "data": [
        {
          "txt": "Maithan Alloys Ltd. has announced <strong>1:1</strong> bonus issue, ex-date: 15 Jul 15",
          "dt": "2015-07-15",
          "middle_text": "Bonus Alert"
        }
      ]
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}
stock newsNews and Views

Maithan Alloys Falls 12.06%: 4 Key Factors Driving the Weekly Decline

2026-01-25 16:00:11

Key Events This Week

19 Jan: Downgrade to Strong Sell amid weak financials and bearish technicals

20 Jan: Technical momentum shifts to mildly bearish with mixed signals

21 Jan: Valuation metrics improve signalling renewed price attractiveness

22 Jan: Rating upgraded to Sell reflecting mixed technical and valuation signals

23 Jan: Week closes at ₹980.85, down 3.31% on the day

stock-recommendationAnnouncement

Announcement under Regulation 30 (LODR)-Newspaper Publication

31-Jan-2026 | Source : BSE

Newspaper advertisement relating to publication of the Extract of Standalone and Consolidated Un-Audited Financial Results of the Company for the quarter and nine months ended 31.12.2025.

Outcome Of Board Meeting

31-Jan-2026 | Source : BSE

Approval of Re-classification request received under Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015.

Outcome Of The Board Meeting - Material Related Party Transactions

30-Jan-2026 | Source : BSE

The Board of Directors of the Company at its Meeting held today i.e. 30th January 2026 have inter-alia approved the Material Related Party Transactions with Maithan Ferrous Private Limited (a subsidiary of the Company) upto an aggregate amount of Rs. 600 Crore during the Financial Year 2026-2027 subject to the approval of the shareholders.

stock-recommendationCorporate Actions
Corporate Actions
info
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Maithan Alloys Ltd. has declared 60% dividend, ex-date: 19 Sep 25

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

Maithan Alloys Ltd. has announced 1:1 bonus issue, ex-date: 15 Jul 15

stock-summary
RIGHTS

No Rights history available