Maithan Alloys logo

Maithan Alloys share price

NSE: MAITHANALLBSE: 590078Ferrous MetalsSmall Cap

Last close ₹789.75down ₹24.55 (3.01%)BSE ₹789.90

Share price at the NSE close on 23 Oct 2026. Previous close ₹814.30.

52-week range of traded prices to 23 Oct 2026
₹770.15Low, 23 Oct 2026₹1,210.10High, 18 Jun 2026
Market cap
₹2,299 Cr992nd largest listed
P/E
7.9
P/B
0.6
Dividend yield
2.15%
ROE
7.4%
ROCE
6.0%
Debt to equity
0.06
Volume, NSE
63,70050.4% delivered

Share price

Daily closes since May 2008, BSE closes May 2008 to Jul 2011, adjusted for splits and bonuses

−27.4%over a year

ResultsDividend20-session average 43,245 shares a day, 54.9% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹540 Crdown 3.51%
Net profit
₹396 CrQuarter to Mar 2026: −₹71 Cr
Net margin
73.3%

Revenue by year

Peak revenue ₹2,992 Cr, year to Mar 2022

Net profit by year, a loss in red

₹ croreSep 2024Filed 11 NovDec 2024Filed 11 FebMar 2025Filed 16 JunJun 2025Filed 13 AugSep 2025Filed 14 NovDec 2025Filed 30 JanMar 2026Filed 4 AugJun 2026Filed 13 Aug
Revenue464531435632491490559540
Net profit14390−58538−11993−71396
Net margin30.7%17.0%−13.4%85.1%−24.2%18.9%−12.6%73.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

One segment, Ferro Alloys, carries all the revenue in the year to Mar 2026.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 71% of 2,458 trading days over the last 10 years.

LowestHighest
Its median6.4Industry median9.1
Price to book

At or below today's level on 0.1% of 1,955 trading days since Nov 2018.

LowestHighest
Its median1.1Industry median1.3
EV to EBITDA8.5

At or below today's level on 61% of 1,955 trading days since Nov 2018.

LowestHighest
Its median6.7
Dividend yield

At or below today's level on 96% of 2,473 trading days over the last 10 years.

LowestHighest
Its median0.60%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−3.2%−31.2%+37.7%2.0%
3 years+2.9%−4.6%+6.2%1.5%
5 years+10.3%+13.5%−3.8%1.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2023.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters74.96%
  • Foreign institutions0.70%
  • Individuals and others24.33%
Holder
SHEELA DEVI AGARWALLAPromoter25.63%
SUBHAS CHANDRA AGARWALLAPromoter25.63%
SIDDHARTHA SHANKAR AGARWALLAPromoter16.80%
PRAHLAD RAI AGARWALLAPromoter2.38%
SARITA DEVI AGARWALLAPromoter2.29%
SONAM AGARWALLAPromoter1.27%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Ferro & Silica Manganese, 13 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Maithan Alloys in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Indian Metals & Ferro Alloys logoIndian Metals & Ferro AlloysIMFA5,93311.32.29.2+23.6%+46.5%20.7%18.4%1.14%
VISA Chrome logoVISA ChromeVISACHROME4570.4––−15.0%––−17.9%0.00%
Nilachal Carbo Metalicks logoNilachal Carbo MetalicksNCML25224.02.3–––9.7%–0.00%
Jainam Ferro Alloys (I) logoJainam Ferro Alloys (I)JAINAM23536.11.626.8−7.1%−34.7%4.7%2.9%0.00%
Nagpur Power & Industries logoNagpur Power & IndustriesNAGPI168–2.0–+30.6%−206.4%−3.2%−2.7%0.00%
Owais Metal and Mineral Processing logoOwais Metal and Mineral ProcessingOWAIS12475.01.1–−42.4%−96.5%1.5%–0.00%
Shyam Century Ferrous logoShyam Century FerrousSHYAMCENT97–0.6–−91.5%–−3.6%−10.8%0.00%
Indsil Hydro Power and Manganese logoIndsil Hydro Power and ManganeseINDSILHYD977.00.56.5+13.7%–7.3%5.6%1.72%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹17.00 a share, year to Mar 2026.
Ex-dateTypePer share
21 Sep 2026Final₹6.00
22 May 2026Interim₹11.00
19 Sep 2025Final₹6.00
6 Jun 2025Interim₹7.00
18 Feb 2025Interim₹3.00
20 Sep 2024Final₹6.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Maithan Alloys share price by year

Each calendar year to 2025.Maithan Alloys share price history

YearClose at year endChangeHighest closeLowest close
20251,020.00−8.9%1,234.10850.10
20241,119.15−6.0%1,319.40960.05
20231,190.70+17.6%1,238.55771.90
20221,012.60−0.3%1,551.70782.50
20211,015.20+76.8%1,226.75537.50
2020574.10+24.7%608.65309.10
2019460.40−6.4%677.30343.25
2018491.90−38.5%999.25490.90
2017799.85+175.4%806.65304.20
2016290.45+170.1%414.1086.75
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026819.00820.40770.15789.75784.0463,70050.4%
22 Oct 2026831.00831.00805.00814.30813.4737,46254.0%
21 Oct 2026867.45868.00829.40831.20839.6657,39262.6%
19 Oct 2026888.70888.70864.00867.45869.7124,51259.5%
16 Oct 2026883.15890.35871.30882.35879.3331,24056.8%
15 Oct 2026893.70896.00881.10883.15884.6518,54657.2%
14 Oct 2026897.20902.50888.80893.70895.9916,43345.7%
13 Oct 2026888.05903.95876.00899.80886.6824,41950.6%
12 Oct 2026885.40899.00882.00888.25890.4739,92352.1%
9 Oct 2026886.00898.10875.00879.25886.3146,02452.6%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
15 Jul 2015Bonus0.5000Holders received 1 bonus share for every 1 held.
17 Jun 2010Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Legal name
Maithan Alloys Limited
NSE symbol
MAITHANALL
BSE code
590078
ISIN
INE683C01011
Industry
Ferrous Metals
Listed
May 2008 on BSE, Jul 2011 on NSE
Face value
₹10
CIN
L27101WB1985PLC039503
Corporate identity number, the registrar of companies' code for it