Maithan Alloys Ltd

Net loss of Maithan Alloys reported to Rs 120.95 crore in the quarter ended September 2025 as against net profit of Rs 143.85 crore during the previous quarter ended September 2024. Sales rose 5.73% to Rs 490.82 crore in the quarter ended September 2025 as against Rs 464.22 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales490.82464.22 6 OPM %6.5410.61 - PBDT-135.31222.96 PL PBT-141.23217.45 PL NP-120.95143.85 PL Powered by Capital Market - Live

Maithan Alloys will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live

The agency has reaffirmed the company's short-term rating at 'Crisil A1+'. Crisil Ratings stated that the revision in outlook reflects continuation of low operating margins leading to net cash accruals significantly lower than previous expectations. Net cash accruals were over Rs 495 crore in the two fiscals through 31 March 2023 due to increased realizations attributable to favorable market conditions. However, during the last two fiscals through fiscal 2025, operating margins have remained volatile primarily driven by high power costs resulting in reduced productions. Also, the realizations have seen a moderation to over Rs 80,000 per ton during these fiscals against over Rs 1,10,000 per ton in fiscals 2022-23. This has led to net cash accruals of below Rs 175 crore during fiscals 2024-25. With continued headwinds from high power costs and stable raw material prices in the first quarter of fiscal 2026, operating margin was at 10.3%. Recovery in production and improvement in operating margins resulting in higher net cash accruals will remain a key rating sensitivity factor. The ratings continue to reflect extensive experience of promoters and strong financial risk profile. These strengths are partially offset by exposure to volatility in prices of raw materials and finished goods and cyclicality in the ferro alloys industry. Maithan Alloys (MAL) manufactures ferroalloys such as ferro manganese, ferro silicon and silico manganese, with varying proportions of other chemical compositions. The company's consolidated net profit rose 17.44% to Rs 536.14 crore on a 68.58% increase in revenue to Rs 632.31 crore in Q1 FY26 over Q1 FY25. The scrip fell 1.06% to currently trade at Rs 1100.95 on the BSE. Powered by Capital Market - Live

Net profit of Maithan Alloys rose 17.44% to Rs 536.14 crore in the quarter ended June 2025 as against Rs 456.52 crore during the previous quarter ended June 2024. Sales rose 68.58% to Rs 632.31 crore in the quarter ended June 2025 as against Rs 375.07 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales632.31375.07 69 OPM %10.345.71 - PBDT701.81580.77 21 PBT695.93575.62 21 NP536.14456.52 17 Powered by Capital Market - Live

The board of Maithan Alloys at its meeting held on 13 August 2025 has decided to extend said effective date of closure Byrnihat Unit of the Company from 31 August 2025 to 30 September 2025 in view of the pending orders. In June, the company has proposed closure of production at the said unit with effect from 31 August 2025 onwards for indefinite period due to adverse market conditions and steep increase in power cost in the State of Meghalaya. Powered by Capital Market - Live

Maithan Alloys will hold a meeting of the Board of Directors of the Company on 13 August 2025.Powered by Capital Market - Live

Maithan Alloys proposes to fully shutdown its production at its Byrnihat Unit (in the State of Meghalaya) from 31 August 2025 onwards for indefinite period due to adverse market conditions and steep increase in power cost in the State of Meghalaya.Powered by Capital Market - Live

The company has acquired 6,25,000 shares through stock exchange with view to reap the long-term/short-term investment benefits. The company clarified that it do not intend to acquire control whether directly or indirectly of the management of GAIL (India). Maithan Alloys is primarily engaged in the business of manufacturing and exploring of all three bulk ferro alloys- ferro manganese, silico manganese and ferro silicon. It is also engaged in the generation and supply of wind power and has a captive power plant. GAIL (lndia) is the largest state-owned natural gas processing and distribution company in the country. It has a diversified business portfolio and has interests in the sourcing and trading of natural gas, production of LPG, liquid hydrocarbons and petrochemicals, transmission of natural gas and LPG through pipelines, etc. Its turnover was Rs 1,37,288 crore in FY25. Shares of Maithan Allloys shed 0.34% to settle at Rs 1,207.05 while GAIL (India) declined 4% to end at Rs 192.10 on the BSE.Powered by Capital Market - Live

Maithan Alloys announced that the Annual General Meeting(AGM) of the company will be held on 27 September 2025.Powered by Capital Market - Live

Maithan Alloys announced that the Board of Directors of the Company at its meeting held on 28 May 2025, inter alia, have recommended the final dividend of Rs 6 per equity Share (i.e. 60%) , subject to the approval of the shareholders.Powered by Capital Market - Live