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Maithan Alloys

  • Market Cap: Small Cap
  • Industry: Ferro & Silica Manganese
  • ISIN: INE683C01011
  • NSEID: MAITHANALL
  • BSEID: 590078
INR
868.30
10.3 (1.2%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 22.21 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

22.21 k (2.60%) Volume

Shareholding (Dec 2024)

FII

1.32%

Held by 40 FIIs

DII

0.31%

Held by 0 DIIs

Promoter

74.99%

iScoreScore
Part of MojoOne Strategy
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of -1.79% and Operating profit at -19.35% over the last 5 years

 
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

Despite the size of the company, domestic mutual funds hold only 0.43% of the company

5

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Ferro & Silica Manganese

stock-summary
Market cap

INR 2,528 Cr (Small Cap)

stock-summary
P/E

3.00

stock-summary
Industry P/E

5

stock-summary
Dividend Yield

1.05%

stock-summary
Debt Equity

-0.59

stock-summary
Return on Equity

22.22%

stock-summary
Price to Book

0.67

Revenue and Profits (1 Year):
Net Sales:
531 Cr
(Quarterly Results - Dec 2024)
Net Profit:
91 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.05%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-20.34%
0.30%
-20.04%
1 Year
-26.4%
0.70%
-25.7%
2 Years
2.47%
1.63%
4.1%
3 Years
-44.03%
2.06%
-41.97%
4 Years
19.44%
3.41%
22.85%
5 Years
135.85%
7.53%
143.38%

Latest dividend: 3 per share ex-dividend date: Feb-18-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-1.79%
EBIT Growth (5y)
-19.35%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0.49
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.94
Tax Ratio
23.16%
Dividend Payout Ratio
5.01%
Pledged Shares
0
Institutional Holding
1.63%
ROCE (avg)
45.62%
ROE (avg)
21.68%
Valuation key factors
Factor
Value
P/E Ratio
3
Industry P/E
5
Price to Book Value
0.67
EV to EBIT
3.47
EV to EBITDA
2.75
EV to Capital Employed
0.19
EV to Sales
0.16
PEG Ratio
0.02
Dividend Yield
1.05%
ROCE (Latest)
5.99%
ROE (Latest)
22.22%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 4 Schemes (0.11%)

FIIs

Held by 40 FIIs (1.32%)

Promoter with highest holding

Sheela Devi Agarwalla (21.81%)

Highest Public shareholder

None

Individual Investors Holdings

18.11%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 14.40% vs 23.77% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -36.86% vs -68.49% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "531.09",
          "val2": "464.22",
          "chgp": "14.40%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "29.40",
          "val2": "49.24",
          "chgp": "-40.29%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "6.40",
          "val2": "5.48",
          "chgp": "16.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "90.83",
          "val2": "143.85",
          "chgp": "-36.86%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.54%",
          "val2": "10.61%",
          "chgp": "-5.07%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -0.95% vs -49.11% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 393.97% vs -62.96% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "839.29",
          "val2": "847.31",
          "chgp": "-0.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "70.65",
          "val2": "73.10",
          "chgp": "-3.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "7.12",
          "val2": "0.30",
          "chgp": "2,273.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "600.37",
          "val2": "121.54",
          "chgp": "393.97%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.42%",
          "val2": "8.63%",
          "chgp": "-0.21%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 5.79% vs -44.88% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 234.11% vs -48.40% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,370.38",
          "val2": "1,295.37",
          "chgp": "5.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "100.05",
          "val2": "107.88",
          "chgp": "-7.26%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "13.52",
          "val2": "0.52",
          "chgp": "2,500.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "691.20",
          "val2": "206.88",
          "chgp": "234.11%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "7.30%",
          "val2": "8.33%",
          "chgp": "-1.03%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -40.08% vs -3.59% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -30.08% vs -38.99% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,728.64",
          "val2": "2,884.95",
          "chgp": "-40.08%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "114.42",
          "val2": "586.24",
          "chgp": "-80.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.63",
          "val2": "2.24",
          "chgp": "-27.23%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "348.96",
          "val2": "499.07",
          "chgp": "-30.08%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.62%",
          "val2": "20.32%",
          "chgp": "-13.70%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
531.09
464.22
14.40%
Operating Profit (PBDIT) excl Other Income
29.40
49.24
-40.29%
Interest
6.40
5.48
16.79%
Exceptional Items
0.00
0.00
Consolidate Net Profit
90.83
143.85
-36.86%
Operating Profit Margin (Excl OI)
5.54%
10.61%
-5.07%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 14.40% vs 23.77% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -36.86% vs -68.49% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
839.29
847.31
-0.95%
Operating Profit (PBDIT) excl Other Income
70.65
73.10
-3.35%
Interest
7.12
0.30
2,273.33%
Exceptional Items
0.00
0.00
Consolidate Net Profit
600.37
121.54
393.97%
Operating Profit Margin (Excl OI)
8.42%
8.63%
-0.21%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -0.95% vs -49.11% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 393.97% vs -62.96% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,370.38
1,295.37
5.79%
Operating Profit (PBDIT) excl Other Income
100.05
107.88
-7.26%
Interest
13.52
0.52
2,500.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
691.20
206.88
234.11%
Operating Profit Margin (Excl OI)
7.30%
8.33%
-1.03%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 5.79% vs -44.88% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 234.11% vs -48.40% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,728.64
2,884.95
-40.08%
Operating Profit (PBDIT) excl Other Income
114.42
586.24
-80.48%
Interest
1.63
2.24
-27.23%
Exceptional Items
0.00
0.00
Consolidate Net Profit
348.96
499.07
-30.08%
Operating Profit Margin (Excl OI)
6.62%
20.32%
-13.70%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -40.08% vs -3.59% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -30.08% vs -38.99% in Mar 2023

stock-summaryCompany CV
About Maithan Alloys Ltd. stock-summary
stock-summary
Maithan Alloys Ltd.
Small Cap
Ferro & Silica Manganese
Maithan Alloys Limited is primarily engaged in the business of manufacturing and exporting 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 Captive Power Plant. Headquartered in Kolkata, the company is promoted and managed by the Asansol-based Agarwalla family that possesses extensive multidecade industry experience and exposure.
Company Coordinates stock-summary
Company Details
Ideal Centre 4th Floor, 9 A J C Bose Road Kolkata West Bengal : 700017
stock-summary
Tel: 91-33-64502228
stock-summary
kolkata@maithanalloys.com
Registrar Details
Maheshwari Datamatics Pvt Ltd , 6 Mangoe Lane , 2nd Floor, Calcutta