General information about company |
|||
|---|---|---|---|
| Scrip Code | 590078 | ||
| NSE Symbol | MAITHANALL | ||
| MSEI Symbol | NOTLISTED | ||
| ISIN | INE683C01011 | ||
| Name of company | MAITHAN ALLOYS LIMITED | ||
| Type of company | Main Board | ||
| Class of security | Equity | ||
| Date of start of financial year | 01-Apr-2025 | ||
| Date of end of financial year | 31-Mar-2026 | ||
| Date of board meeting when results were approved | 13-Aug-2025 | ||
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 04-Aug-2025 | ||
| Description of presentation currency | INR (in Actuals) | ||
| Reporting Type | Quarterly | ||
| Reporting Quarter | First quarter | ||
| Nature of report standalone or consolidated | Standalone | ||
| Whether results are audited or unaudited for the quarter ended | Unaudited | ||
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |||
| Segment Reporting | Multi segment | ||
| Description of single segment | |||
| Start date and time of board meeting | 13-Aug-2025 12:30:00 | ||
| End date and time of board meeting | 13-Aug-2025 16:45:00 | ||
| Whether cash flow statement is applicable on company | |||
| Type of cash flow statement | |||
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable | ||
| Whether the company has any related party? | |||
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | |||
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | |||
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | |||
| Whether the company is a high value debt listed entity according to regulation 15 (1A)? | |||
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |||
| (b) If answer to above question is No, please explain the reason for not complying. | |||
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | |||
| Latest Date on which RPT policy is updated | |||
| Indicate Company website link for updated RPT policy of the Company | |||
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No | ||
| No. of times funds raised during the quarter | |||
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No | ||
| The Disclosure for the Default on Loans and Debt Secuities is not applicable on the Company, since the Company has not defaulted on Loans and Debt Secuities. | |||
Financial Results Ind-AS |
|||
|---|---|---|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | |
| B | Date of end of reporting period | 30-Jun-2025 | |
| C | Whether results are audited or unaudited | Unaudited | |
| D | Nature of report standalone or consolidated | Standalone | |
| Part I | Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column. | ||
| 1 | Income | ||
| Revenue from operations | 6537200000 | ||
| Other income | 6603200000 | ||
| Total income | 13140400000 | ||
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 2156600000 | |
| (b) | Purchases of stock-in-trade | 1456600000 | |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 544200000 | |
| (d) | Employee benefit expense | 102000000 | |
| (e) | Finance costs | 121000000 | |
| (f) | Depreciation, depletion and amortisation expense | 35300000 | |
| (f) | Other Expenses | ||
| 1 | Power Cost | 1216600000 | 1216600000 |
| 2 | Other Expenses | 561000000 | 561000000 |
| Total other expenses | 1777600000 | ||
| Total expenses | 6193300000 | ||
| 3 | Total profit before exceptional items and tax | 6947100000 | |
| 4 | Exceptional items | 0 | |
| 5 | Total profit before tax | 6947100000 | |
| 6 | Tax expense | ||
| 7 | Current tax | 154000000 | |
| 8 | Deferred tax | 1373200000 | |
| 9 | Total tax expenses | 1527200000 | |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0 | |
| 11 | Net Profit Loss for the period from continuing operations | 5419900000 | |
| 12 | Profit (loss) from discontinued operations before tax | 0 | |
| 13 | Tax expense of discontinued operations | 0 | |
| 14 | Net profit (loss) from discontinued operation after tax | 0 | |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0 | |
| 16 | Total profit (loss) for period | 5419900000 | |
| 17 | Other comprehensive income net of taxes | 500000 | |
| 18 | Total Comprehensive Income for the period | 5420400000 | |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 291100000 | ||
| Face value of equity share capital | 10 | ||
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 186.18 | ||
| Diluted earnings (loss) per share from continuing operations | 186.18 | ||
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | ||
| Diluted earnings (loss) per share from discontinued operations | 0 | ||
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 186.18 | ||
| Diluted earnings (loss) per share from continuing and discontinued operations | 186.18 | ||
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
Disclosure of notes on financial results |
|||
|---|---|---|---|
| Textual Information(1) | Notes to the Statement of Unaudited Standalone Financial Results for the quarter ended June 30, 2025 n n1.The above Un-audited Standalone Financial Results, have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 13, 2025.The Statutory Auditors have conducted the limited review of the above unaudited standalone financial results. n n2.The Un-audited Standalone Financial Results have been prepared in accordance with the recognition and measurement principles laid down in the applicable Indian Accounting Standards (Ind AS) prescribed under section 133 of the Companies Act, 2013 read with relevant rules thereunder and in terms of Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 (the Regulation’) as amended. n n3.On May 12, 2025, the Company has entered into a Shares Purchase Agreement (SPA) with the existing shareholders of Goldtree Impex Private Limited (GIPL) for the acquisition of 80% of the share capital. On completion of the condition precedent to SPA, GIPL has become subsidiary of the Company w.e.f. May 12, 2025. The acquisition was carried out for a purchase consideration of Rs. 0.02 Crore. Based on guidance on definition of business under Ind AS 103, Management has classified above acquisitions as per acquisition method. n n4.Maithan Fresh Private Limited, a wholly owned subsidiary having its registered office at Kolkata in the State of West Bengal has been incorporated on June 06, 2025 with the objects to explore the opportunities available into agriculture including food processing and is yet to commence its business operations. n n5.Maithan Nutrition Private Limited, a wholly owned subsidiary having its registered office at Kolkata in the State of West Bengal has been incorporated on July 25, 2025 with the objects to explore the opportunities available into agriculture including food processing and is yet to commence its business operations. n n6.The Company has entered into Partnership with Unicorn India Ventures Services LLP in Maiuni Ventures LLP (LLP) on April 08, 2025. Company’s share in the LLP is 99.99% and has contributed Rs. 25.10 Crore as Capital during the quarter ended June 30, 2025. n n7.The Board of Directors of the Company in its meeting held on May 28, 2025 have approved a Scheme of Merger by Absorption (Scheme) of Impex Metal & Ferro Alloys Limited (Impex) and Maithan Alloys Limited (MAL) under the provisions of Section 230 to 232 and other applicable provisions of the Companies Act, 2013. nThe Scheme provides for the merger of Impex into MAL. Necessary application has been filed with National Company Law Tribunal on 02 August, 2025. The Scheme is conditional upon and subject to necessary statutory and regulatory approvals under applicable laws, including the jurisdictional National Company Law Tribunal. n n8.Other Income includes the Fair value gain and realised gain (net) on Current / Non-Current Investments measured at fair value through profit or loss amounting to Rs. 636.57 Crore for the Quarter ended June 2025; ( Rs. - 138.09 Crore for the Quarter ended March 2025); ( Rs. 443.21 Crore for the Quarter ended June 2024) and ( Rs. 647.80 Crore for the year ended March 2025) n n9.The standalone figures for the quarter ended March 31, 2025 as reported in these standalone financial results are the balancing figures between audited figures in respect of the full financial year and the published year to date standalone figures up to the end of the nine months of the relevant financial year. Also the standalone figures up to the third quarter had only been reviewed and not subjected to audit. n n10.The result for quarter ended June 30, 2025 are available on the BSE Limited website (URL:www.bseindia.com), the National Stock Exchange of India Limited website (URL:www.nseindia.com) and on the Company’s website (URL:www.maithanalloys.com). n n n nFor Maithan Alloys Limited nS. C. Agarwalla nChairman & Managing Director nPlace: Kolkata nDate : August 13, 2025.t n n n | ||
Remarks |
|
|---|---|
| Debt equity ratio | |
| Debt service coverage ratio | |
| Interest service coverage ratio | |
Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results |
|||||||
|---|---|---|---|---|---|---|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
| Date of start of reporting period | 01-Apr-2025 | ||||||
| Date of end of reporting period | 30-Jun-2025 | ||||||
| Whether accounts are audited or unaudited | Unaudited | ||||||
| Nature of report standalone or consolidated | Standalone | ||||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Ferro Alloys | 6537200000 | 6537200000 | ||||
| 2 | Real Estate | 0 | 0 | ||||
| 3 | Unallocated | 0 | 0 | ||||
| Total Segment Revenue | 6537200000 | ||||||
| Less: Inter segment revenue | 0 | 0 | |||||
| Revenue from operations | 6537200000 | ||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Ferro Alloys | 564100000 | 564100000 | ||||
| 2 | Real Estate | 0 | 0 | ||||
| 3 | Unallocated | 0 | 0 | ||||
| Total Profit before tax | 564100000 | ||||||
| i. Finance cost | 121000000 | 121000000 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | -6504000000 | -6504000000 | |||||
| Profit before tax | 6947100000 | ||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Ferro Alloys | 9158000000 | 9158000000 | ||||
| 2 | Real Estate | 1979500000 | 1979500000 | ||||
| 3 | Unallocated | 44657200000 | 44657200000 | ||||
| Total Segment Asset | 55794700000 | 55794700000 | |||||
| Un-allocable Assets | 0 | 0 | |||||
| Net Segment Asset | 55794700000 | 55794700000 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Ferro Alloys | 2458900000 | 2458900000 | ||||
| 2 | Real Estate | 0 | 0 | ||||
| 3 | Unallocated | 11273300000 | 11273300000 | ||||
| Total Segment Liabilities | 13732200000 | 13732200000 | |||||
| Un-allocable Liabilities | 0 | 0 | |||||
| Net Segment Liabilities | 13732200000 | 13732200000 | |||||
| Disclosure of notes on segments | |||||||
Other Comprehensive Income |
|||
|---|---|---|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | |
| B | Date of end of reporting period | 30-Jun-2025 | |
| C | Whether results are audited or unaudited | Unaudited | |
| D | Nature of report standalone or consolidated | Standalone | |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Re-measurements of the net defined benefit plans | 700000 | 700000 |
| Total Amount of items that will not be reclassified to profit and loss | 700000 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 200000 | |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | ||
| 5 | Total Other comprehensive income | 500000 | |