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Maithan Alloys share price & results

Maithan Alloys Limited· Metals & Mining· Commodities

Results to
Jun 2026
Latest analysed call
Q4 FY19
Ownership as of
Sept 2026

India's largest manganese ferro-alloy producer, running 4 smelting plants and exporting to 35+ countries.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue571 ₹ crore−12.7% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin12.0 %+4.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit394 ₹ crore−27.3% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity7.35 %−21.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-0.55 %−1.7 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)0.87 %+16.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

7 targets tracked, none judged yet · 7 open · verdicts reflect calls analysed to Q4 FY19.

Maithan Alloys Limited management guidance track record on Inve: 7 targets tracked across analysed earnings calls (0 achieved, 0 missed, 7 open).

TargetOriginal wordingSaidLatest callVerdict
Long-term EBITDA Margin15% to 17%
Call transcript, Q4 FY19 · 22 May 2019		Q4 FY19Q4 FY19:We are confident of sustaining a long-term EBITDA margin of 15% to 17% which is what we stated two years ago itself.
Call transcript, Q4 FY19 · 22 May 2019		New

Source: Inve Guidance Tracker for Maithan Alloys Limited · to Q4 FY19

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

7 of Maithan Alloys Limited's 7 targets are still open. See which are on track and which have gone quiet. The 1 above are the free sample; 6 more targets are in the full ledger.

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Price

₹786.25 +3.01% · +₹22.95

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −28.0% 1Y

₹0.8k₹0.9k₹1.0k₹1.1kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26

1Y: ₹1,091.4 on 24 Oct 2025 → ₹786.25. High ₹1,136.2 (18 Jun 2026), low ₹763.3 (26 Oct 2026).

Previous close
₹763.3
Market cap
₹2.2k Cr
52-week range
₹763.3 – ₹1,136.2
One year
−27.14%
Price to earnings (TTM to Jun 2026)
7.66×
Return on equity (TTM to Jun 2026)
7.35%

Overview

Symbol
NSE:MAITHANALL
Industry
Commodities
Exchange
NSE
Currency
INR

What Maithan Alloys Limited does

Based on the company's own presentations, annual report and earnings calls.

Maithan Alloys manufactures ferro alloys — Ferro Manganese, Ferro Silicon and Silico Manganese — which are added during steel-making as de-oxidants and to improve strength, durability and anti-corrosion properties, supplying domestic steelmakers (including long-standing relationships with SAIL and JSL) and export customers. It runs submerged-arc-furnace smelting plants at Visakhapatnam (Andhra Pradesh SEZ), Kalyaneshwari (West Bengal) and Byrnihat (Meghalaya), each sourcing manganese ore through a mix of imports and domestic supply depending on location, plus an additional smelting unit at Bobbili, Andhra Pradesh operated through its wholly-owned subsidiary Impex Metals & Ferro Alloys. The company exports to more than 35 countries with no single export client accounting for more than 10% of export revenue, and has diversified into captive renewable power through its wholly-owned subsidiary Ramagiri Renewable Energy Limited.

Segments

  • Ferro Alloys (Manganese & Silicon based)
Market position
India's largest Manganese Alloy producer and exporter
Manufacturing plants
4 smelting plants — Visakhapatnam (Andhra Pradesh SEZ), Kalyaneshwari (West Bengal), Byrnihat (Meghalaya), and Bobbili (Andhra Pradesh) via subsidiary Impex Metals & Ferro Alloys
Visakhapatnam plant smelting capacity
72.0 MVA across 4 x 18.0 MVA furnaces
Kalyaneshwari plant smelting capacity
48.75 MVA across 5 furnaces (2x5.0, 1x6.5, 1x8.25, 2x12.0 MVA)
Byrnihat plant smelting capacity
16.5 MVA across 2 x 8.2 MVA furnaces
Impex (Bobbili) subsidiary plant capacity
46,900 tonnes per annum
Founded 1995Headquarters Kolkata, West Bengal, India Company website

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