Maithan Alloys quarterly results and financials

Maithan Alloys (MAITHANALL)₹846.85+0.56%(9 Nov 2026 close)Ferro & Silica Manganese

Key facts

In the Jun 2026 quarter (consolidated), Maithan Alloys reported sales of ₹540 Cr, down 14.6% from Jun 2025, and net profit of ₹395 Cr, down 26.4% year on year. For the year to Mar 2026, sales were ₹2,174 Cr and net profit ₹441 Cr.

Sales (Jun 2026): ₹540 Cr
Net profit (Jun 2026): ₹395 Cr
Sales (FY Mar 2026): ₹2,174 Cr
Net profit (FY Mar 2026): ₹441 Cr
EPS (Jun 2026): ₹135.58
Borrowings (Mar 2026): ₹238 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Maithan Alloys quarterly results

₹ crore unless stated; each column is a quarter.

Maithan Alloys Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	444	449	433	375	465	532	435	633	492	491	559	540
Expenses	410	412	426	353	414	501	358	566	458	434	452	448
Operating Profit	32.01	34.99	6.99	21.02	49.06	29.03	76.05	64.99	31.99	54.99	106	91.05
OPM %	7.0%	8.0%	1.5%	6.0%	11.1%	6.1%	18.0%	10.0%	7.0%	11.0%	19.1%	17.1%
Other Income	59.87	78.84	174	560	179	96.76	−116	648	−153	75.89	−159	416
Interest	0.00	0.00	1.01	2.01	5.01	6.01	8.03	12.03	14.03	4.01	14.04	5.01
Depreciation	4.99	4.99	4.99	4.99	5.99	5.99	5.99	5.99	5.99	5.99	5.99	5.99
Profit before tax	86.97	108	175	576	217	114	−54.03	696	−141	122	−72.05	498
Tax %	28.1%	21.1%	19.1%	21.1%	34.0%	21.1%	7.0%	23.0%	−16.0%	24.1%	−2.0%	21.0%
Net Profit	61.93	84.91	142	456	143	89.91	−57.93	537	−119	92.96	−70.94	395
EPS (Rs)	21.36	29.42	48.96	157.27	49.56	31.33	−21.02	184.71	−41.67	30.65	−24.27	135.58

Maithan Alloys profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Maithan Alloys Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,147	1,338	1,876	1,982	1,819	1,617	2,993	2,885	1,727	1,803	2,174	2,082
Expenses	1,014	1,062	1,487	1,651	1,578	1,318	1,908	2,290	1,608	1,620	1,910	1,793
Operating Profit	132	273	384	325	235	294	1,076	590	116	179	259	284
OPM %	11.0%	20.1%	21.0%	16.0%	13.0%	18.1%	36.1%	20.1%	7.1%	10.0%	12.1%	13.6%
Other Income	3.99	7.99	14.96	25.97	65.92	23.96	26.94	71.93	357	720	411	181
Interest	17.06	12.02	8.02	8.02	6.02	3.01	3.01	5.01	3.01	24.08	44.14	37.09
Depreciation	22.97	24.98	14.99	15.97	15.99	15.99	16.98	19.97	20.96	22.96	22.96	23.96
Profit before tax	96.02	244	376	327	279	299	1,083	636	450	853	604	407
Tax %	18.1%	26.1%	22.0%	22.1%	20.0%	23.1%	24.0%	22.0%	22.1%	26.0%	27.1%	—
Exceptional items	0.00	0.99	−0.99	2.99	36.95	10.99	−3.99	−13.99	79.94	−127	0.00	—
Net Profit	78.93	180	292	255	222	230	817	499	349	630	441	298
EPS (Rs)	27.20	61.93	100.66	88.00	76.57	79.60	282.02	172.06	120.23	217.06	149.37	100.29
Dividend payout %	7.0%	4.0%	3.0%	7.0%	8.0%	8.0%	2.0%	4.0%	5.0%	7.0%	11.0%	—

Maithan Alloys balance sheet

₹ crore, at each year end.

Maithan Alloys Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	15.03	29.03	29.05	29.03	29.04	29.08	29.02	29.05	29.05	29.02	29.02	29.04
Reserves	308	363	556	839	1,082	1,266	1,492	2,295	2,778	3,113	3,715	4,116
Borrowings	215	139	81.24	45.15	7.02	10.04	49.13	5.02	20.07	30.11	590	238
Other Liabilities	247	267	237	304	401	214	330	424	318	297	516	512
Total Liabilities	785	800	903	1,217	1,520	1,520	1,899	2,754	3,145	3,469	4,851	4,896
Fixed Assets	281	267	243	238	230	218	204	277	268	254	313	305
CWIP	0.99	0.00	0.00	0.00	0.00	0.99	0.00	0.00	1.99	53.89	0.99	0.99
Investments	35.97	35.94	69.88	343	627	5.99	794	823	869	1,786	3,053	2,838
Other Assets	467	497	591	636	664	1,295	901	1,655	2,006	1,376	1,483	1,750
Inventories	176	151	188	249	262	278	350	678	305	352	1,090	1,252
Trade receivables	204	199	225	244	258	282	437	691	423	388	143	130
Cash & equivalents	26.97	53.88	90.89	56.88	44.94	638	26.97	102	1,126	77.90	58.90	107
Total Assets	785	800	903	1,217	1,520	1,520	1,899	2,754	3,145	3,469	4,851	4,896

Maithan Alloys cash flow

₹ crore, for each year.

Maithan Alloys Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	58.17	136	126	285	316	−45.08	117	238	970	−412	50.14	−10.02
Cash from investing activity	−3.99	−10.96	−10.97	−279	−275	694	−759	−105	−959	370	−589	480
Cash from financing activity	−64.89	−101	−73.81	−48.92	−53.86	−42.90	36.91	−61.84	−4.99	−8.98	521	−433
Net cash flow	−11.03	24.08	41.10	−44.16	−15.04	611	−609	70.19	1.01	−49.20	−19.06	37.13
Capex	13.97	11.97	4.99	10.97	6.98	4.99	0.99	116	10.96	68.77	29.90	24.93
Free cash flow	48.13	125	122	274	309	−49.13	116	141	964	−468	20.05	−12.03
CFO / OP %	59.0%	104.0%	55.9%	96.9%	120.9%	2.0%	59.9%	47.0%	187.9%	−292.1%	58.9%	65.9%

Maithan Alloys ratios

Working-capital days and returns, by year.

Maithan Alloys Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	68	63	62	47	47	56	99	84	54	82	29	22
Inventory days	110	93	110	94	86	96	152	215	82	142	394	429
Days payable	78	82	41	56	81	27	81	64	41	36	49	31
Cash conversion cycle	99	74	130	85	52	125	170	236	94	188	374	420
Working capital days	32	39	55	44	37	85	112	131	63	206	97	452
ROCE %	16.9%	21.0%	42.0%	49.0%	33.0%	20.0%	19.9%	56.0%	26.0%	11.9%	28.0%	15.0%

Maithan Alloys: frequently asked questions

What are the latest quarterly results of Maithan Alloys?

For the Jun 2026 quarter, Maithan Alloys reported sales of ₹540 Cr, down 14.6% year on year and net profit of ₹395 Cr, down 26.4% year on year. The operating margin was 17.1%.

What is the annual revenue of Maithan Alloys?

Maithan Alloys' sales for the year to Mar 2026 were ₹2,174 Cr; over the last twelve months they were ₹2,082 Cr.

What is the net profit of Maithan Alloys?

Net profit for the year to Mar 2026 was ₹441 Cr, and ₹298 Cr over the last twelve months. Earnings per share over the same trailing period were ₹100.29.

How much debt does Maithan Alloys have?

Maithan Alloys reported borrowings of ₹238 Cr at Mar 2026, against cash and equivalents of ₹107 Cr.

What is the free cash flow of Maithan Alloys?

Cash from operations was −₹10.02 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹12.03 Cr.

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