Maithan Alloys Limited

NSE: MAITHANALL · Unclassified

₹822.95-2.31%06 Nov 2026

Ask the data

Instant answers about Maithan Alloys Limited — computed from its filings, no language model

Market cap₹2,396 cr

Current price₹822.95

High / Low₹1,136 / ₹763

P/E4.9

P/B0.52

Book value₹1,570.4

ROE10.8%

ROCE11.8%

Debt / equity0.14

Dividend yield1.59%

EPS (TTM)₹169.21

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	1,831	1,620	2,992	2,885	1,729	1,806	2,173
EBITDA	233	292	1,068	586	114	177	259
Operating margin	12.7%	18.0%	35.7%	20.3%	6.6%	9.8%	11.9%
Interest	4	1	1	2	2	22	44
Depreciation	16	16	17	20	21	23	23
Profit before tax	279	299	1,082	637	450	852	604
Tax	57	69	264	138	101	222	163
Net profit	222	231	818	499	349	630	434
EPS ₹	76.27	79.02	281.00	171.41	119.87	216.47	148.96
Operating cash flow	—	—	237	968	-411	50	-10
Capex	—	—	100	11	69	30	25
Dividend paid	—	—	17	17	17	26	38
Total assets	—	—	—	3,140	3,468	4,849	4,894
Equity	—	—	—	2,804	3,142	3,746	4,146

Quarterly performance

last 29 quarters · ₹ crore

showing latest 8 of 29 periods

	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	470	469	406	266	409	446	499	566	666	923	837	1,020	690	685	535	404	444	448	433	375	464	531	435	632	491	490	559	540	557
Operating profit	53	54	54	41	71	70	111	141	222	394	311	356	106	46	90	41	32	35	7	21	49	29	76	65	32	55	106	91	87
Operating margin	11.2%	11.6%	13.2%	15.6%	17.3%	15.6%	22.2%	24.9%	33.3%	42.7%	37.2%	34.8%	15.3%	6.7%	16.8%	10.1%	7.3%	7.8%	1.5%	5.7%	10.6%	5.5%	17.6%	10.3%	6.5%	11.3%	19.0%	16.8%	15.6%
Other income	5	28	30	8	4	6	6	10	7	5	11	20	50	51	43	44	60	79	174	561	179	97	-116	649	-153	76	-159	417	-40
Interest	1	1	0	0	0	0	1	0	0	0	0	0	0	0	1	0	0	0	1	2	5	6	8	12	14	4	14	5	12
Depreciation	4	4	4	4	4	4	4	4	4	4	5	5	5	5	5	5	5	5	5	5	6	6	6	6	6	6	6	6	6
Profit before tax	53	77	79	45	71	72	112	147	224	394	317	280	139	92	126	80	87	108	175	576	217	114	-54	696	-141	122	-72	498	29
Tax	11	13	15	10	16	16	28	35	60	94	75	61	30	19	28	20	25	23	33	120	75	23	4	158	-22	29	-2	102	-55
Net profit	42	64	64	35	55	55	85	112	164	300	242	219	109	73	98	60	62	85	142	457	144	91	-61	536	-121	89	-70	393	81
EPS ₹	14.40	21.95	21.99	12.08	18.87	19.04	29.02	38.50	56.31	103.09	83.11	75.22	37.51	25.00	33.69	20.49	21.30	29.32	48.81	156.82	49.41	31.20	-20.96	184.17	-41.55	30.55	-24.21	135.01	27.85
Revenue YoY	—	—	—	—	-12.9%	-5.0%	22.9%	113.0%	62.9%	107.1%	67.7%	80.4%	3.5%	-25.8%	-36.1%	-60.4%	-35.7%	-34.6%	-19.0%	-7.1%	4.6%	18.5%	0.5%	68.6%	5.7%	-7.7%	28.5%	-14.7%	13.4%
Profit YoY	—	—	—	—	31.0%	-13.2%	33.2%	218.7%	198.4%	441.2%	183.7%	95.4%	-33.4%	-75.7%	-59.4%	-72.8%	-43.3%	17.3%	44.8%	666.0%	132.2%	6.4%	-142.9%	17.4%	-184.1%	-2.1%	—	-26.7%	—

Earlier results (standalone, Mar '08 – Jun '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Maithan Alloys Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	645	480	594	640	858	816	885	1,151	1,342	1,891	1,988
Operating profit	13	53	93	66	62	38	68	127	347	377	322
Operating margin	1.9%	11.1%	15.7%	10.3%	7.2%	4.7%	7.7%	11.1%	25.8%	19.9%	16.2%
Other income	9	15	19	6	4	2	3	4	21	19	26
Interest	14	14	7	3	6	5	3	12	9	4	6
Depreciation	6	12	10	7	7	6	3	23	96	15	16
Profit before tax	1	43	95	62	54	29	64	96	262	376	327
Tax	1	9	23	15	11	6	13	17	65	84	72
Net profit	0	34	72	48	44	23	52	79	198	292	255

Quarters

showing latest 8 of 46 periods

	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†	JUN '19†
Revenue	116	206	217	126	95	94	105	134	147	128	165	148	153	133	148	195	164	198	245	198	218	221	191	192	212	225	245	206	209	188	277	164	522	255	294	318	475	445	459	549	439	455	507	477	549	486
Operating profit	11	47	33	-56	-13	0	18	14	21	26	26	23	19	17	19	20	11	22	25	9	7	9	1	10	19	20	22	18	8	11	18	16	82	31	19	151	145	79	90	105	103	84	83	68	88	68
Operating margin	9.6%	22.9%	15.4%	-44.3%	-13.3%	0.2%	17.5%	10.3%	14.2%	19.9%	15.6%	15.7%	12.1%	12.6%	12.7%	10.2%	6.6%	11.0%	10.0%	4.4%	3.2%	4.1%	0.3%	5.1%	8.8%	8.9%	8.9%	8.6%	4.0%	6.0%	6.3%	9.8%	15.8%	12.3%	6.5%	47.6%	30.6%	17.7%	19.6%	19.1%	23.6%	18.4%	16.3%	14.2%	16.0%	14.1%
Other income	2	2	1	1	6	5	0	2	8	1	3	4	12	3	1	1	2	1	1	1	1	1	0	0	0	1	1	1	0	0	1	0	3	1	1	16	2	2	2	5	10	6	6	6	7	6
Interest	2	3	3	4	4	4	4	3	3	2	2	2	1	1	0	1	0	2	1	2	2	2	1	1	1	1	1	1	0	1	0	0	11	3	3	1	2	1	1	1	1	1	1	2	1	1
Depreciation	3	2	2	2	2	2	2	2	5	3	3	3	2	2	2	2	2	2	2	2	1	1	1	1	1	1	1	1	1	1	1	1	20	7	6	77	6	4	4	4	4	4	4	4	4	4
Profit before tax	8	44	30	-61	-13	-2	13	10	21	21	24	22	27	17	18	17	10	19	23	7	5	7	-1	7	17	19	21	17	8	10	17	15	54	23	11	89	138	76	87	104	108	85	84	68	90	70
Tax	3	13	8	-13	-7	0	3	1	5	4	7	5	6	4	4	4	3	4	5	-1	3	1	-0	2	4	5	6	4	-2	2	4	3	8	5	3	21	36	17	22	26	19	20	18	14	20	18
Net profit	5	31	23	-48	-6	-2	10	9	16	17	17	17	21	14	14	13	7	16	18	7	3	5	-1	6	13	14	15	12	10	8	13	12	46	18	9	68	102	59	65	78	89	65	66	54	70	52
EPS ₹	5.37	32.39	23.44	49.24	-6.45	-1.56	10.66	9.29	16.25	11.62	11.65	11.42	14.64	9.39	9.51	8.87	5.03	10.65	12.68	4.88	1.81	3.75	-0.81	4.03	8.81	9.55	10.43	8.52	6.90	5.40	4.47	4.07	15.91	6.28	3.02	23.43	35.18	20.33	22.41	26.91	30.57	22.48	22.60	18.53	24.08	17.91
Revenue YoY	—	—	—	—	-18.2%	-54.7%	-51.6%	7.0%	54.1%	37.3%	56.5%	10.1%	4.6%	3.5%	-9.8%	31.7%	6.7%	49.1%	64.8%	1.5%	33.1%	11.7%	-22.1%	-2.8%	-2.6%	1.5%	28.8%	7.1%	-1.6%	-16.4%	13.0%	-20.4%	150.0%	36.0%	6.0%	94.0%	-9.0%	74.1%	56.0%	72.6%	-7.6%	2.4%	10.5%	-13.2%	25.2%	6.7%
Profit YoY	—	—	—	—	-220.2%	-104.8%	-54.5%	—	—	—	63.9%	84.6%	35.1%	-19.2%	-18.4%	-22.4%	-65.6%	13.5%	33.4%	-45.0%	-63.9%	-64.8%	-106.4%	-17.5%	386.0%	154.6%	—	111.6%	-21.7%	-43.5%	-14.4%	-4.5%	361.5%	132.6%	-32.3%	476.0%	121.0%	223.8%	641.5%	14.9%	-13.1%	10.6%	0.8%	-31.1%	-21.2%	-20.3%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 26 periods

	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	33.1%	24.4%	17.8%	12.1%	10.1%	10.5%	11.1%	23.7%	22.2%	22.4%	16.8%	18.9%	10.8%	10.7%	10.5%	7.0%	10.8%
ROCE	—	—	—	—	—	—	—	—	—	42.9%	31.4%	22.7%	15.6%	13.2%	13.8%	14.2%	29.9%	26.5%	26.8%	20.2%	23.2%	14.3%	14.5%	14.8%	10.1%	11.8%
Net margin	12.7%	14.1%	13.7%	14.3%	16.0%	19.1%	24.9%	27.3%	26.8%	25.1%	19.9%	17.0%	14.7%	14.1%	16.7%	20.2%	43.9%	48.1%	46.2%	34.9%	34.4%	21.3%	21.6%	20.0%	14.0%	23.0%
EBITDA margin	12.5%	14.2%	15.4%	18.0%	20.4%	24.9%	32.7%	35.7%	37.2%	33.6%	25.3%	20.4%	12.2%	10.1%	10.8%	6.6%	5.6%	6.5%	5.9%	9.8%	10.7%	9.7%	11.2%	11.9%	13.7%	15.8%
Debt / equity	—	—	—	—	—	—	—	—	—	0.00	0.00	0.01	0.01	0.00	0.00	0.01	0.01	0.10	0.10	0.16	0.16	0.11	0.11	0.06	0.06	0.14
Interest coverage	91.23	115.24	236.73	250.55	283.91	406.22	574.85	950.36	1240.57	1047.14	796.43	285.29	201.34	191.21	212.02	276.79	306.00	128.38	74.93	40.39	30.99	16.00	17.28	14.69	12.21	17.60
Asset turnover	—	—	—	—	—	—	—	—	—	1.10	1.02	0.93	0.74	0.63	0.56	0.50	0.49	0.37	0.39	0.37	0.43	0.40	0.39	0.44	0.43	0.36

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	29	29	29	29	29	29	29	29	29
Other equity / reserves	2,604	2,775	2,880	3,113	3,696	3,717	4,094	4,117	4,542
Total equity	2,633	2,804	2,909	3,142	3,725	3,746	4,123	4,146	4,572
Borrowings	2	16	10	27	370	585	442	235	624
Current liabilities	492	293	314	251	688	848	804	534	1,273
Non-current liabilities	34	41	53	74	194	246	322	201	177
Total assets	3,159	3,140	3,276	3,468	4,614	4,849	5,262	4,894	6,039
Property, plant & equipment	253	250	241	236	297	296	295	288	284
Capital work-in-progress	2	2	14	54	1	1	1	1	5
Investments	839	870	1,395	1,788	3,374	3,056	3,348	2,840	3,595
Inventories	546	304	428	350	462	1,086	1,066	1,247	1,513
Receivables	746	423	288	387	236	143	239	130	134
Cash & equivalents	95	90	31	41	11	22	83	59	157

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	237	968	-411	50	-10
Cash from investing	-105	-962	371	-591	481
Cash from financing	-62	-5	-9	522	-434
Capex	100	11	69	30	25
Free cash flow	136	957	-480	20	-35
Dividends paid	17	17	17	26	38

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹284 cr5%

CWIP

₹5 cr0%

Investments

₹3,595 cr60%

Inventories

₹1,513 cr25%

Receivables

₹134 cr2%

Cash & equivalents

₹157 cr3%

Other assets

₹351 cr6%

Peer comparison

largest in Unclassified · this company in bold

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Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Maithan Alloys Limited	2,396	822.95	4.9	0.52	10.8%

StoxGud checklist: Neutral setup · 4/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-9.1%

6 months-19.6%

1 year-26.2%

3Y CAGR-8.5%

5Y CAGR-5.5%

10Y CAGR+11.9%

50-day avg₹926.58

200-day avg₹977.42

RSI (14)39

FAQs

What is the share price of Maithan Alloys Limited?

Maithan Alloys Limited (MAITHANALL) closed at ₹822.95 on NSE on 06 Nov 2026.

What is the market cap of Maithan Alloys Limited?

₹2,396 crore at the latest close.

What is the P/E ratio of Maithan Alloys Limited?

4.9, on trailing-twelve-month earnings from its filings.

How fast is Maithan Alloys Limited growing?

Maithan Alloys Limited: revenue has compounded at -9.0% a year over three years; net profit at -4.6% a year. Latest-quarter revenue is up 13.4% year on year.

How profitable is Maithan Alloys Limited?

On a trailing-twelve-month basis return on equity is 10.8%, return on capital employed 11.8%, operating margin 15.8%, net margin 23.0%.

How much debt does Maithan Alloys Limited have?

Maithan Alloys Limited is lightly geared: debt to equity is 0.14 with borrowings of ₹624 cr against cash of ₹157 cr (balance sheet of 2026-09-30). Operating profit covers interest 17.6 times.

Financials parsed from Maithan Alloys Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.