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Maithan Alloys Ltd

MAITHANALL

Maithan Alloys Ltd

MAITHANALL
MaterialsIron & Steel
SmallcapWith a market cap of ₹3,401 cr, stock is ranked 941
Moderate RiskStock is 2.52x as volatile as Nifty
1,121.000.49% (-5.55)
1,121.000.49% (-5.55)

Price Chart

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MaterialsIron & Steel
SmallcapWith a market cap of ₹3,401 cr, stock is ranked 941
Moderate RiskStock is 2.52x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

Low

Undervalued compared to the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

MaterialsIron & Steel
SmallcapWith a market cap of ₹3,401 cr, stock is ranked 941
Moderate RiskStock is 2.52x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
4.111.080.51%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
31.173.551.31%

Forecast & Ratings

Detailed Forecast 
—
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Maithan Alloys Limited is engaged in the business of manufacturing and exporting of all three bulk Ferro alloys, including Ferro Silicon, Ferro Manganese and Silico Manganese.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 0.71%, vs industry avg of 9.86%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.38% to 0.27%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 6.46%, vs industry avg of 4.95%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue1,154.861,350.601,893.852,014.121,897.041,643.753,024.573,059.882,086.162,714.37
Raw Materialssubtract584.89646.03966.731,122.211,057.94843.241,211.001,335.83982.051,608.65
Power & Fuel Costsubtract314.55278.35364.65372.05361.31331.98375.36525.39499.84
Employee Costsubtract15.7719.1425.9027.1727.1725.9333.1238.0929.42
Selling & Administrative Expensessubtract56.5793.1592.7686.9589.7278.31301.24278.07107.16
Operating & Other expensessubtract47.5332.3844.5655.0159.9446.021.23220.71-5.65
Depreciation/Amortizationsubtract23.2925.3215.4415.6315.8115.6216.9120.2120.7820.95
Interest & Other Itemssubtract16.5312.357.828.225.893.193.444.783.038.45
Taxes & Other Itemssubtract16.8864.1784.1771.6557.2368.62264.21137.73100.57248.53
EPS27.0861.73100.2487.6776.2779.29281.01171.43119.87284.35
DPS2.002.503.006.006.006.006.006.006.006.00
Payout ratio0.070.040.030.070.080.080.020.030.050.02

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2020

Annual report

PDF

Investor Presentation

Feb 7PDF
Nov 6PDF
FY 2021

Annual report

PDF

Investor Presentation

May 13PDF
Feb 22PDF
Nov 23PDF
+2 more
FY 2022

Annual report

PDF

Investor Presentation

Jun 16PDF
Nov 24PDF
Sep 2PDF
 

Peers & Comparison

Comparing 3 stocks from 
MaterialsIron & Steel

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Maithan Alloys Ltd9.751.080.51%
JSW Steel Ltd28.043.100.90%
Tata Steel Ltd-42.292.032.39%
Jindal Steel And Power Ltd17.082.270.20%

Price Comparison

Compare MAITHANALL with any stock or ETF
Compare MAITHANALL with any stock or ETF
MAITHANALL
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding74.99%0.10%0.35%1.33%23.23%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep1.83%1.88%2.14%1.87%1.80%1.33%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Maithan Alloys Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Motilal Oswal Nifty Microcap 250 Index Fund - Growth - Direct Plan

Growth
0.0548%0.10%-0.01%189/309 (-7)
Motilal Oswal Quant Fund - Growth - Direct Plan

Growth
0.0418%0.91%-0.09%60/149 (-11)
Groww Nifty Total Market Index Fund - Growth - Direct Plan

Growth
0.0003%0.00%-0.00%395/799 (-60)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividend Cuts

Dividends are the portion of earnings that a company distributes to all its shareholders every year

MAITHANALL has increased or maintained dividend levels over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.51%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.13 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 20, 2024

Final
Final | Div/Share: ₹6.00

Dividend/Share

₹6.00

Ex DateEx Date

Sep 20, 2024

Cash Dividend

Ex DateEx DateSep 18, 2023

Final
Final | Div/Share: ₹6.00

Dividend/Share

₹6.00

Ex DateEx Date

Sep 18, 2023

Cash Dividend

Ex DateEx DateSep 20, 2022

Final
Final | Div/Share: ₹6.00

Dividend/Share

₹6.00

Ex DateEx Date

Sep 20, 2022

Cash Dividend

Ex DateEx DateSep 22, 2021

Final
Final | Div/Share: ₹6.00

Dividend/Share

₹6.00

Ex DateEx Date

Sep 22, 2021

Cash Dividend

Ex DateEx DateMar 9, 2020

Interim
Interim | Div/Share: ₹6.00

Dividend/Share

₹6.00

Ex DateEx Date

Mar 9, 2020

News & Opinions
Spotlight
Maithan Alloys Q2 PAT soars 132% YoY to Rs 144 cr

Revenue from operations was at Rs 464.22 crore in the second quarter of FY25, up 4.63% as against Rs 443.65 crore posted in corresponding quarter previous fiscal. The company's profit before tax (PBT) spiked 151.01% year on year to Rs 217.45 crore in the quarter ended 30 September 2024. Total expenses rose 2.25% year on year to Rs 425.97 crore in the quarter ended September 2024. Cost of raw material consumed fell by 27.94% to Rs 173.69 crore and employee benefit expense increased by 15.27% to Rs 12.53 crore in Q2 FY25. On half year basis, the company's net profit soared 392.19% to Rs 598.75 crore in H1 FY25 as against Rs 598.75 crore posted in H1 FY24. Revenue from operations fell 0.94% to Rs 839.29 crore in H1 FY25 as against Rs 847.31 crore posted in H1 FY24. Maithan Alloys is among India's leading manufacturers and exporters of niche value-added manganese alloys. It customized manganese alloys to large and growing steel companies across the world. Shares of Maithan Alloys advanced 2.12% to end at Rs 1,052.50 on the BSE.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Maithan Alloys consolidated net profit rises 132.24% in the September 2024 quarter

Net profit of Maithan Alloys rose 132.24% to Rs 143.85 crore in the quarter ended September 2024 as against Rs 61.94 crore during the previous quarter ended September 2023. Sales rose 4.64% to Rs 464.22 crore in the quarter ended September 2024 as against Rs 443.65 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales464.22443.65 5 OPM %10.617.32 - PBDT222.9691.92 143 PBT217.4586.63 151 NP143.8561.94 132 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Maithan Alloys to discuss results

Maithan Alloys will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Maithan Alloys consolidated net profit rises 665.97% in the June 2024 quarter

Net profit of Maithan Alloys rose 665.97% to Rs 456.52 crore in the quarter ended June 2024 as against Rs 59.60 crore during the previous quarter ended June 2023. Sales declined 7.08% to Rs 375.07 crore in the quarter ended June 2024 as against Rs 403.66 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales375.07403.66 -7 OPM %5.7110.06 - PBDT580.7784.85 584 PBT575.6279.65 623 NP456.5259.60 666 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Maithan Alloys to discuss results

Maithan Alloys will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

Tech Query: Has the trend in IOB reversed?

1 year agoThe Hindu Businessline

Maithan Alloys skyrockets ~7% as arm bags MoEF&CC approval to set up Ferro Alloy Plant

2 years agoIndia Infoline

Maithan Alloys Q1 PAT jumps 95% YoY

2 years agoBusiness Standard

Maithan Alloys resumes full capacity operations at Vishakhapatnam unit

2 years agoIndia Infoline

Power cut hits production at Maithan Alloys’ Vizag plant

2 years agoThe Hindu Businessline