| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 540 | 632 | −14.7% |
| EBITDA | 90.8 | 65.4 | +38.9% |
| EBITDA margin | 16.8% | 10.3% | +6.5 pts |
| Profit before tax | 498 | 696 | −28.5% |
| Net profit | 396 | 538 | −26.4% |
| EPS | ₹135.01 | ₹184.17 | −26.7% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 2,314 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 1,712 | 1,712 | 2,002 | 1,769 | 955 | ||
| 12.5 | 12.5 | 9.1 | 1.0 | 1.0 | ||
| 235 | 235 | 585 | 26.9 | 16.4 | ||
| 850 | — | — | — | — | ||
| 2,080 | 2,173 | 1,806 | 1,729 | 2,885 | ||
| — | +20.3% | +4.5% | −40.1% | — | ||
| 285 | 259 | 177 | 114 | 586 | ||
| 13.7% | 11.9% | 9.8% | 6.6% | 20.3% | ||
| 262 | 236 | 153 | 93.6 | 566 | ||
| 299 | 441 | 631 | 349 | 499 | ||
| 14.4% | 20.3% | 34.9% | 20.2% | 17.3% | ||
| ₹99.81 | ₹148.97 | ₹216.48 | ₹119.88 | ₹171.44 | ||
| — | −31.2% | +80.6% | −30.1% | — | ||
| — | −9.9 | 49.8 | −411 | 968 | ||
| — | −24.9 | −30.2 | −69.0 | −11.0 | ||
| −34.7 | −34.7 | 19.6 | −480 | 957 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 2,314.4 | |
| - Cash, Equiv & ST Investments | 954.6 | 1,769.0 | 2,002.0 | 1,712.1 | 1,712.1 | |
| + Minority Interest | 1.0 | 1.0 | 9.1 | 12.5 | 12.5 | |
| + Total Debt | 16.4 | 26.9 | 585.3 | 235.3 | 235.3 | |
| Enterprise Value | — | — | — | — | 850.1 | |
| Revenue | 2,885.0 | 1,728.6 | 1,805.6 | 2,172.6 | 2,079.8 | |
| Growth %, YoY | — | -40.1 | +4.5 | +20.3 | — | |
| EBITDA | 586.2 | 114.4 | 176.5 | 259.2 | 284.7 | |
| Margin % | 20.32 | 6.62 | 9.78 | 11.93 | 13.69 | |
| EBIT | 566.0 | 93.6 | 153.2 | 236.0 | 261.7 | |
| Net Income | 499.0 | 349.0 | 630.9 | 440.9 | 298.8 | |
| Margin % | 17.30 | 20.19 | 34.94 | 20.30 | 14.36 | |
| EPS, Adj (current shares) | 171.44 | 119.88 | 216.48 | 148.97 | 99.81 | |
| Growth %, YoY | — | -30.1 | +80.6 | -31.2 | — | |
| Cash from Operations | 968.1 | -411.3 | 49.8 | -9.9 | — | |
| Capital Expenditures | -11.0 | -69.0 | -30.2 | -24.9 | — | |
| Free Cash Flow | 957.1 | -480.3 | 19.6 | -34.7 | -34.7 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Maithan Alloys (NSE: MAITHANALL) had a market capitalisation of ₹2,250 crore at the 30 October 2026 close (₹772.95 a share), a PE ratio of 7.7 on the last four quarters' profit and a price-to-book ratio of 0.54. In FY26 its consolidated net profit attributable to shareholders was ₹434 crore on revenue of ₹2,173 crore; in Q1 FY27 (April–June 2026) it was ₹393 crore, down 26.7% year on year. Its debt-to-equity ratio was 0.06 on 31 March 2026. Promoters held 74.96% of the shares on 30 September 2026.
Maithan Alloys' PE ratio is 7.7 at the 30 October 2026 close (₹772.95 a share): a market capitalisation of ₹2,250 crore divided by consolidated net profit attributable to shareholders of ₹291 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹434 crore) it is 5.2.
Maithan Alloys' price-to-book (PB) ratio is 0.54 at the 30 October 2026 close: a market capitalisation of ₹2,250 crore divided by shareholders' equity (book value) of ₹4,146 crore on 31 March 2026. That is a book value of ₹1,424.24 per share against a share price of ₹772.95.
Maithan Alloys' book value per share was ₹1,424.24 on 31 March 2026: shareholders' equity of ₹4,146 crore divided by the 2.91 crore shares in issue, up 10.7% from ₹1,286.87 a year earlier. The share price at the 30 October 2026 close was ₹772.95.
Maithan Alloys' market capitalisation was ₹2,250 crore at the 30 October 2026 close: 2.91 crore shares at ₹772.95 each.
No. Maithan Alloys had borrowings of ₹235 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.06. Its cash and current investments were ₹1,760 crore, so it held net cash of ₹1,525 crore.
Maithan Alloys' basic earnings per share (EPS) were ₹148.96 in FY26, against ₹216.47 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹99.80.
Maithan Alloys' debt-to-equity ratio was 0.06 on 31 March 2026: borrowings of ₹235 crore against total equity of ₹4,158 crore. A year earlier, on 31 March 2025, it was 0.16.
Maithan Alloys' net worth — shareholders' equity in its consolidated balance sheet — was ₹4,146 crore on 31 March 2026, up 10.7% from ₹3,746 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹2,250 crore at the 30 October 2026 close.
Maithan Alloys' dividend yield is 2.20% at the 30 October 2026 close: dividends of ₹17 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹772.95. They were ₹6 on 21 September 2026 and ₹11 on 22 May 2026 (interim).
In FY26, Maithan Alloys' return on equity (ROE) was 11.0% and its return on capital employed (ROCE) was 5.7%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 18.3% and ROCE 4.3%.
On 30 September 2026, Maithan Alloys' shares were held by promoters 74.96%, foreign portfolio investors (FII/FPI) 0.70%, domestic institutions (DII) 0.00% and retail and other non-institutional investors 24.33%. Over the year, FII holding was down 0.71 percentage points from 1.41% and DII holding was down 0.07 percentage points from 0.07%.
On FY26 consolidated figures, against VISA Chrome: Maithan Alloys' operating margin of 10.9% is the higher of the two (VISA Chrome −2.2%; peer average −2.2%); its revenue growth over three years of −9.0% a year is the lower of the two (VISA Chrome −5.1% a year; peer average −5.1% a year).
In 2026, Maithan Alloys has declared two dividends totalling ₹17 a share: ₹11 (interim) with record date 22 May 2026 and ₹6 with record date 21 September 2026.
Promoters held 74.96% of Maithan Alloys on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Maithan Alloys generated ₹9.9 crore of cash from operations and spent ₹24.9 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹34.7 crore. In FY25 it was ₹19.6 crore.
Maithan Alloys' latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net profit attributable to shareholders ₹393 crore, down 26.7% from ₹536 crore in Q1 FY26; revenue from operations ₹540 crore, down 14.7% year on year.
In FY26 (April 2025–March 2026), Maithan Alloys' consolidated net profit attributable to shareholders was ₹434 crore, down 31.2% from ₹630 crore in FY25, on revenue from operations of ₹2,173 crore (up 20.3%). Over three years, from FY23, net profit was down 13.1%.
At the 30 October 2026 closing prices, on FY26 net profit attributable to shareholders, Maithan Alloys' PE ratio is 5.2, the higher of the two: VISA Chrome 0.4, a peer average of 0.4. Each is the company's market capitalisation at that price divided by its FY26 net profit.
Maithan Alloys will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.
In FY26, Maithan Alloys earned net profit attributable to shareholders of ₹434 crore on revenue of ₹2,173 crore, against ₹1,050 crore on ₹562 crore for VISA Chrome. Maithan Alloys' operating margin was 10.9% (VISA Chrome −2.2%). At the 30 October 2026 close, Maithan Alloys' market capitalisation was ₹2,250 crore against ₹460 crore for VISA Chrome, and its PE ratio on FY26 profit 5.2 against 0.4.
From Maithan Alloys' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.