Maithan Alloys Ltd
MAITHANALLMaithan Alloys Ltd
MAITHANALLPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
LowUndervalued compared to the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
4.11 | 1.08 | 0.51% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
31.17 | 3.55 | 1.31% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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.
Peers
Compare with peersJSW Steel Ltd
Tata Steel Ltd
Jindal Steel And Power Ltd
Bharat Forge Ltd
Jindal Stainless Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,154.86 | 1,350.60 | 1,893.85 | 2,014.12 | 1,897.04 | 1,643.75 | 3,024.57 | 3,059.88 | 2,086.16 | 2,714.37 | ||||||||||
Raw Materials | 584.89 | 646.03 | 966.73 | 1,122.21 | 1,057.94 | 843.24 | 1,211.00 | 1,335.83 | 982.05 | 1,608.65 | ||||||||||
Power & Fuel Cost | 314.55 | 278.35 | 364.65 | 372.05 | 361.31 | 331.98 | 375.36 | 525.39 | 499.84 | |||||||||||
Employee Cost | 15.77 | 19.14 | 25.90 | 27.17 | 27.17 | 25.93 | 33.12 | 38.09 | 29.42 | |||||||||||
Selling & Administrative Expenses | 56.57 | 93.15 | 92.76 | 86.95 | 89.72 | 78.31 | 301.24 | 278.07 | 107.16 | |||||||||||
Operating & Other expenses | 47.53 | 32.38 | 44.56 | 55.01 | 59.94 | 46.02 | 1.23 | 220.71 | -5.65 | |||||||||||
EBITDA | 135.55 | 281.55 | 399.25 | 350.73 | 300.96 | 318.27 | 1,102.62 | 661.79 | 473.34 | 1,105.72 | ||||||||||
Depreciation/Amortization | 23.29 | 25.32 | 15.44 | 15.63 | 15.81 | 15.62 | 16.91 | 20.21 | 20.78 | 20.95 | ||||||||||
PBIT | 112.26 | 256.23 | 383.81 | 335.10 | 285.15 | 302.65 | 1,085.71 | 641.58 | 452.56 | 1,084.77 | ||||||||||
Interest & Other Items | 16.53 | 12.35 | 7.82 | 8.22 | 5.89 | 3.19 | 3.44 | 4.78 | 3.03 | 8.45 | ||||||||||
PBT | 95.73 | 243.88 | 375.99 | 326.88 | 279.26 | 299.46 | 1,082.27 | 636.80 | 449.53 | 1,076.32 | ||||||||||
Taxes & Other Items | 16.88 | 64.17 | 84.17 | 71.65 | 57.23 | 68.62 | 264.21 | 137.73 | 100.57 | 248.53 | ||||||||||
Net Income | 78.85 | 179.71 | 291.82 | 255.23 | 222.03 | 230.84 | 818.06 | 499.07 | 348.96 | 827.79 | ||||||||||
EPS | 27.08 | 61.73 | 100.24 | 87.67 | 76.27 | 79.29 | 281.01 | 171.43 | 119.87 | 284.35 | ||||||||||
DPS | 2.00 | 2.50 | 3.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | ||||||||||
Payout ratio | 0.07 | 0.04 | 0.03 | 0.07 | 0.08 | 0.08 | 0.02 | 0.03 | 0.05 | 0.02 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
MaterialsIron & Steel
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Maithan Alloys Ltd | 9.75 | 1.08 | 0.51% |
JSW Steel Ltd | 28.04 | 3.10 | 0.90% |
Tata Steel Ltd | -42.29 | 2.03 | 2.39% |
Jindal Steel And Power Ltd | 17.08 | 2.27 | 0.20% |
Price Comparison
Compare MAITHANALL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Motilal Oswal Nifty Microcap 250 Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0548% | Percentage of the fund’s portfolio invested in the stock 0.10% | Change in the portfolio weight of the stock over the last 3 months -0.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 189/309 (-7) |
Motilal Oswal Quant Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0414% | Percentage of the fund’s portfolio invested in the stock 0.91% | Change in the portfolio weight of the stock over the last 3 months -0.09% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 60/149 (-11) |
Groww Nifty Total Market Index Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0003% | Percentage of the fund’s portfolio invested in the stock 0.00% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 395/799 (-60) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividend Cuts
MAITHANALL has increased or maintained dividend levels over the last 5 years
Dividend Yield
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
Dividend/Share
₹6.00
Ex DateEx Date
Sep 20, 2024
Cash Dividend
Ex DateEx DateSep 18, 2023
Dividend/Share
₹6.00
Ex DateEx Date
Sep 18, 2023
Cash Dividend
Ex DateEx DateSep 20, 2022
Dividend/Share
₹6.00
Ex DateEx Date
Sep 20, 2022
Cash Dividend
Ex DateEx DateSep 22, 2021
Dividend/Share
₹6.00
Ex DateEx Date
Sep 22, 2021
Cash Dividend
Ex DateEx DateMar 9, 2020
Dividend/Share
₹6.00
Ex DateEx Date
Mar 9, 2020
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
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
Maithan Alloys will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live
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
Maithan Alloys will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live
Tech Query: Has the trend in IOB reversed?
Maithan Alloys skyrockets ~7% as arm bags MoEF&CC approval to set up Ferro Alloy Plant
Maithan Alloys Q1 PAT jumps 95% YoY
Maithan Alloys resumes full capacity operations at Vishakhapatnam unit
Power cut hits production at Maithan Alloys’ Vizag plant
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 0.71%, vs industry avg of 9.86%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.38% to 0.27%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 6.46%, vs industry avg of 4.95%