1. India Stocks

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    Non-energy minerals

  3. •

    Other metals/Minerals
Maithan Alloys Ltd.

Maithan Alloys Ltd.

814.30
INR
-16.90
(-2.03%)
102.65EPS
10.34P/E
30.06BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
330.54
380.09
395.31
447.55
615.22
646.68
593.77
541.99
1,002.03
975.66
583.2
609.73
733.22
714.61
Basic EPS, GAAP
3.91
18.07
27.08
61.72
100.24
87.67
76.27
79.29
281.01
171.43
119.87
216.47
148.96
99.83
Free Cash Flow per Basic Share
-9.39
16.39
42.66
41.41
93.76
105.55
-17.01
39.91
41.15
332.45
-140.42
17.1
-3.39
- -
Dividend per Share
1.17
1.17
4.81
- -
3.01
3.62
14.47
- -
6
6
6
9
13.05
- -
Book Value per Share
95.12
110.78
138.71
201
298.1
382.16
443.89
522.68
797.99
963.28
1,079.26
1,286.8
1,424.16
- -
Tangible Book Value per Share
93.59
109.31
137.72
200.96
298.08
382.13
443.84
522.66
792.37
957.67
1,073.66
1,281.2
1,418.55
- -
Basic Weighted Avg Shares
29
29
29
29
29
29
29
29
29
29
29
29
29
29
Sales/Revenue/Turnover
9,623
11,065
11,508
13,029
17,910
18,826
17,286
15,778
29,171
28,403
16,978
17,750
21,345
20,798
Operating Margin (%)
3.21
8.05
9.41
19.18
19.51
14.64
10.73
17.28
35.49
20.08
5.65
8.81
13.01
12.58
Depreciation Expense
228
269
233
253
154
156
158
156
169
202
208
233
232
229
Net Income, GAAP
114
526
788
1,797
2,918
2,552
2,220
2,308
8,181
4,991
3,490
6,302
4,337
2,906
Effective Tax Rate (%)
8.84
20.76
17.7
26.35
22.39
21.92
20.5
23.19
24.41
21.64
22.37
25.99
26.98
26.38
Profit Margin (%)
1.18
4.76
6.85
13.79
16.29
13.56
12.84
14.63
28.04
17.57
20.55
35.5
20.32
13.97
Working Capital
1,292
1,590
2,000
3,533
6,199
8,691
10,649
13,119
19,956
24,899
27,792
25,191
27,972
- -
LT Debt
1,543
1,213
854
197
37
36
36
35
34
33
32
31
18
- -
Total Equity
2,805
3,261
4,074
5,857
8,684
11,131
12,928
15,213
23,238
28,052
31,429
37,552
41,585
- -
Return on Invested Capital (%)
2.3
10.44
14.98
28.66
33.72
21.34
12.17
14.22
39.47
14.06
2.55
3.07
4.78
- -
Return on Capital (%)
5.77
13.05
16.93
30.73
37.35
25.56
18.57
16.19
42.01
19.47
11.72
17.22
10.51
- -
Return on Common Equity (%)
4.18
17.56
21.71
36.34
40.17
25.78
18.47
16.41
42.56
19.47
11.74
18.3
10.99
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
2,312
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
18
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
29
29
29
Market Capitalization
29,694
24,253
30,058

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
33,314
- -
Cash, Cash Equivalents & STI
- -
17,369
- -
Accounts Receivable, Net
- -
1,305
- -
Inventories
- -
12,465
- -
Total Current Liabilities
- -
5,342
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,312
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.98%
23.15%
10.74%
Free Cash Flow
2.21%
67.37%
-119.81%
Net Income, GAAP
40.34%
46.94%
-31.19%
Sales/Revenue/Turnover
10.57%
13.36%
20.25%
Total Cash Common Dividend
- -
- -
45.04%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3,751
4,642
5,311
4,352
17,750
2026
6,323
4,908
4,903
5,592
21,345
2027
5,395
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
156.82
49.41
31.2
-20.96
216.47
2026
184.17
-41.55
30.55
-24.21
148.96
2027
135.01
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
9
2026
- -
- -
- -
- -
13.05
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Subodh Agarwalla
Full Time Employees
1,675
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
Vill. Debipur Burdwan WB India 713369
IPO Date
Jul 5, 2011
Website
maithanalloys.com
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Business
Maithan Alloys Limited manufactures and exports bulk ferro alloys, including ferro manganese, silico manganese, and ferro silicon; it also generates and supplies wind power and operates captive power plants. The company, founded in 1985 and headquartered in Kolkata, West Bengal, India, maintains manufacturing facilities in West Bengal, Meghalaya, and Andhra Pradesh through subsidiaries, with port proximity at Haldia, Vizag, and Gangavaram for efficient exports to over 35 countries and domestic supply to steel producers such as SAIL, JSW Steel, JSPL, and JSL across nearly half of India's states. Maithan Alloys holds more than 5% market share in India's domestic ferro alloy industry, focusing on high-value manganese alloys for automobile-grade steel and other sectors. In recent developments, the company advances a board-approved merger with subsidiary Impex Metal Ferro Alloys Limited, filed and awaiting National Company Law Tribunal approval as of 2025; resumes ferro alloy production at its subsidiary after a two-year hiatus; authorizes incorporation of an NBFC subsidiary; completes acquisitions including an 80% stake in Goldtree Impex Private Limited for portfolio diversification into metal, mining, and real estate in 2025, minority stakes in NBCC (India) Limited and State Bank of India totaling Rs 50.41 crore in October 2025, and prior stakes in Power Finance Corporation; sells Byrnihat assets for Rs 25.48 crore; and invests Rs 63.10 crore in LLP capital during the first half of fiscal 2026.