Maithan Alloys Ltd
Maithan Alloys Ltd (MAITHANALL) last reported results for the quarter ended Jun 2026, with sales of ₹540 crore and net profit of ₹396 crore. The stock last traded at ₹914, a market capitalisation of ₹2,662 crore, on a P/E of 9.15. Over the past 52 weeks the stock has ranged between ₹831 and ₹1,210. Figures are as of 6 Oct 2026 and are not real time.
Maithan Alloys Ltd share price and key metrics
- Current price
- ₹914
- Market cap
- ₹2,662 cr
- Stock P/E
- 9.15
- Book value
- ₹1,424
- ROE
- 0.54%
- ROCE
- 7.67%
- Dividend yield
- 1.88%
- 52w high / low
- 1210/831
Metrics as of 6 Oct 2026. Not real time.
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Maithan Alloys Ltd growth and returns
- 10 Years
- 7%
- 5 Years
- 6%
- 3 Years
- -9%
- TTM
- 1%
- 10 Years
- -12%
- 5 Years
- -37%
- 3 Years
- -65%
- TTM
- -59%
- 10 Years
- 13%
- 5 Years
- -4%
- 3 Years
- -4%
- 1 Year
- -22%
- 10 Years
- 18%
- 5 Years
- 16%
- 3 Years
- 10%
- Last Year
- 1%
Maithan Alloys Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹540 cr, down 14.6% from ₹632 cr a year earlier. Net profit was ₹396 cr, down 26.4% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 464 | 531 | 435 | 632 | 491 | 490 | 559 | 540 |
| Expenses | 415 | 502 | 359 | 567 | 459 | 435 | 453 | 449 |
| Operating profit | 49 | 29 | 76 | 65 | 32 | 55 | 106 | 91 |
| OPM % | 11% | 6% | 18% | 10% | 7% | 11% | 19% | 17% |
| Other income | 179 | 97 | -116 | 649 | -153 | 76 | -159 | 417 |
| Interest | 5 | 6 | 8 | 12 | 14 | 4 | 14 | 5 |
| Depreciation | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Profit before tax | 217 | 114 | -54 | 696 | -141 | 122 | -72 | 498 |
| Tax % | 34% | 21% | 7% | 23% | -16% | 24% | -2% | 21% |
| Net profit | 143 | 90 | -58 | 538 | -119 | 93 | -71 | 396 |
| EPS (₹) | 49.41 | 31.20 | -20.96 | 184.17 | -41.55 | 30.54 | -24.20 | 135.01 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Maithan Alloys Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,337 | 1,873 | 1,979 | 1,816 | 1,615 | 2,989 | 2,883 | 1,726 | 1,802 | 2,171 | 2,080 |
| Operating profit | 273 | 384 | 325 | 235 | 294 | 1,075 | 589 | 116 | 179 | 264 | 285 |
| OPM % | 20% | 21% | 16% | 13% | 18% | 36% | 20% | 7% | 10% | 12% | 14% |
| Net profit | 180 | 292 | 255 | 222 | 230 | 818 | 499 | 349 | 631 | 441 | 299 |
| EPS (₹) | 61.72 | 100.24 | 87.67 | 76.27 | 79.29 | 281.01 | 171.43 | 119.87 | 216.47 | 148.96 | 99.80 |
TTM is the trailing twelve months to the most recent quarter.
Maithan Alloys Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| Reserves | 556 | 839 | 1,083 | 1,263 | 1,492 | 2,294 | 2,775 | 3,113 | 3,717 | 4,117 |
| Borrowings | 81 | 45 | 7 | 10 | 49 | 5 | 20 | 30 | 588 | 237 |
| Other liabilities | 236 | 303 | 399 | 213 | 328 | 422 | 316 | 296 | 514 | 510 |
| Total liabilities | 902 | 1,215 | 1,519 | 1,516 | 1,898 | 2,751 | 3,140 | 3,468 | 4,849 | 4,894 |
| Fixed assets | 242 | 238 | 229 | 217 | 203 | 276 | 267 | 253 | 312 | 304 |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 | 2 | 54 | 1 | 1 |
| Investments | 70 | 343 | 628 | 6 | 795 | 824 | 870 | 1,788 | 3,056 | 2,840 |
| Other assets | 590 | 635 | 662 | 1,292 | 900 | 1,651 | 2,000 | 1,373 | 1,479 | 1,747 |
| Total assets | 902 | 1,215 | 1,519 | 1,516 | 1,898 | 2,751 | 3,140 | 3,468 | 4,849 | 4,894 |
As reported by the company. Total assets equal total liabilities by construction.
Maithan Alloys Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 126 | 284 | 315 | -45 | 117 | 237 | 968 | -411 | 50 | -10 |
| Cash from investing | -11 | -280 | -276 | 696 | -761 | -105 | -962 | 371 | -591 | 481 |
| Cash from financing | -74 | -49 | -54 | -43 | 37 | -62 | -5 | -9 | 522 | -434 |
| Net cash flow | 41 | -44 | -15 | 609 | -607 | 70 | 1 | -49 | -19 | 37 |
| Free cash flow | 122 | 273 | 308 | -49 | 116 | 141 | 962 | -467 | 20 | -12 |
| CFO / operating profit | 56% | 97% | 121% | 2% | 60% | 47% | 188% | -292% | 59% | 65% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Maithan Alloys Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 42% | 49% | 33% | 20% | 20% | 56% | 26% | 12% | 28% | 8% |
| Debtor days | 62 | 47 | 47 | 56 | 99 | 84 | 54 | 82 | 29 | 22 |
| Inventory days | 109 | 93 | 85 | 95 | 151 | 214 | 81 | 141 | 393 | 428 |
| Days payable | 40 | 55 | 80 | 26 | 80 | 63 | 40 | 35 | 48 | 30 |
| Cash conversion cycle | 130 | 85 | 52 | 125 | 170 | 236 | 94 | 188 | 374 | 420 |
| Working capital days | 55 | 44 | 37 | 85 | 112 | 131 | 63 | 206 | 97 | 174 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Maithan Alloys Ltd shareholding pattern
Promoters held 74.96% at Jun 2026, broadly unchanged since Jun 2025. FIIs 1.06% and DIIs 0.02%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 74.99% | 74.99% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% |
| FIIs | 1.33% | 1.32% | 1.12% | 1.39% | 1.41% | 1.24% | 1.25% | 1.06% |
| DIIs | 0.45% | 0.31% | 0.20% | 0.17% | 0.07% | 0.06% | 0.01% | 0.02% |
| Public | 23.24% | 23.39% | 23.71% | 23.48% | 23.56% | 23.74% | 23.78% | 23.96% |
| No. of shareholders | 38,177 | 39,418 | 41,067 | 39,501 | 39,696 | 40,319 | 40,534 | 40,301 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Maithan Alloys Ltd corporate filings
- Maithan Alloys Limited acquires 0.10% stake in HFCL Limited for Rs. 40.61 crore, signaling strategic investment in telecom infrastructureCompany Updatehigh impact
Cruxal's analysis: Maithan Alloys Limited announced the acquisition of 1,584,000 shares of HFCL Limited at a…
Read the full analysis - Maithan Alloys Ltd. announces acquisition of 0.20% stake in ESDS Software Solution Ltd. for Rs. 33.40 crore, indicating strategic investment in IT-enabled services sectorCompany Updatehigh impact
Cruxal's analysis: Maithan Alloys Ltd. has disclosed the acquisition of 2,33,160 equity shares (0.20% of…
Read the full analysis - Maithan Alloys Ltd. announces acquisition of 1,28,155 shares (0.11% stake) in ESDS Software Solution Limited for Rs. 18.15 crore, indicating strategic investment in an AI-enabled IT services provider.Company Updatemedium impact
Cruxal's analysis: Maithan Alloys Ltd. has disclosed the acquisition of 128,155 shares of ESDS Software…
Read the full analysis - Maithan Alloys Ltd. acquires a 0.07% stake in HFCL Limited for Rs. 29.72 crore, indicating strategic investment in telecom infrastructureCompany Updatemedium impact
Cruxal's analysis: Maithan Alloys Ltd. announced the acquisition of 1,25,000 shares of HFCL Limited at a…
Read the full analysis - Maithan Alloys Limited announces acquisition of 0.03% stake in HFCL Limited for Rs. 10.44 crore, indicating strategic investment moveCompany Updatemedium impact
Cruxal's analysis: Maithan Alloys Limited has disclosed the acquisition of 39,725 shares of HFCL Limited at…
Read the full analysis - Maithan Alloys Limited announces acquisition of 0.17% stake in HFCL Limited for Rs. 60.09 crore, indicating strategic investment in telecom and defense sectorCompany Updatemedium impact
Cruxal's analysis: Maithan Alloys Limited has disclosed the acquisition of 2,527,000 shares of HFCL Limited…
Read the full analysis - Announcement of Voting Results together with Scrutinizers Report in respect of 41st Annual General Meeting of the Company.AGM/EGMmedium impact
- Maithan Alloys Ltd concludes 41st AGM; confirms total dividend of INR 17 per share for FY 2025-2026AGM/EGMlow impact
Cruxal's analysis: Maithan Alloys Ltd has successfully concluded its 41st Annual General Meeting held on…
Read the full analysis - Intimation of Closure of Trading Window w.e.f. 1st October, 2026.Insider Trading / SASTlow impact
- Maithan Alloys Limited acquires 0.24% stake in ESDS Software Solution Limited for INR 50.19 croreCompany Updatelow impact
Cruxal's analysis: Maithan Alloys Limited has disclosed the acquisition of 2,79,000 equity shares…
Read the full analysis - Maithan Alloys Limited issues communication regarding Tax Deducted at Source (TDS) on final dividend for FY 2025-2026 Corp Actionlow impact
Cruxal's analysis: Maithan Alloys Limited has issued a procedural communication regarding the deduction of…
Read the full analysis - Maithan Alloys Limited acquires 0.05% stake in One 97 Communications Limited (PayTM) for INR 60.19 croreCompany Updatelow impact
Cruxal's analysis: Maithan Alloys Limited has disclosed the acquisition of 3.30 lakh equity shares of One 97…
Read the full analysis - Maithan Alloys Limited acquires 0.01% stake in ESDS Software Solution Limited for INR 1.90 croreCompany Updatelow impact
Cruxal's analysis: Maithan Alloys Limited has disclosed the acquisition of 11,730 equity shares…
Read the full analysis - Maithan Alloys Ltd announces special window for re-lodgement of physical share transfer requestsCompany Updatelow impact
Cruxal's analysis: Maithan Alloys Ltd has published a newspaper notice regarding the opening of a special…
Read the full analysis - Maithan Alloys Limited acquires 0.65% stake in ESDS Software Solution Limited for INR 113.37 croreCompany Updatelow impact
Cruxal's analysis: Maithan Alloys Limited has disclosed the acquisition of 7,60,548 equity shares…
Read the full analysis - Maithan Alloys Ltd receives NSE decision on Regulation 31A re-classification applicationCompany Updatelow impact
Cruxal's analysis: Maithan Alloys Ltd has received an intimation from the National Stock Exchange of India…
Read the full analysis - Maithan Alloys Limited acquires 0.06% stake in ESDS Software Solution Limited for INR 10.83 croreCompany Updatelow impact
Cruxal's analysis: Maithan Alloys Limited has disclosed the acquisition of 75,160 equity shares…
Read the full analysis - Maithan Alloys Limited acquires 0.33% stake in ESDS Software Solution Limited for INR 45.52 croreCompany Updatelow impact
Cruxal's analysis: Maithan Alloys Limited has disclosed the acquisition of 382,200 equity shares…
Read the full analysis - Maithan Alloys Ltd announces newspaper publication for 41st Annual General MeetingCompany Updatelow impact
Cruxal's analysis: Maithan Alloys Ltd has published a notice in newspapers regarding the dispatch of the…
Read the full analysis - Maithan Alloys Ltd files Business Responsibility and Sustainability Report (BRSR) for FY 2025-2026Otherslow impact
Cruxal's analysis: Maithan Alloys Ltd has submitted its Business Responsibility and Sustainability Report…
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