| 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 | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 13-08-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 06-08-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | First quarter |
| Nature of report standalone or consolidated | Consolidated |
| 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 | 13-08-2026 12:30:00 |
| End date and time of board meeting | 13-08-2026 16:25:00 |
| 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 |
| 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 | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 53,953.00 | 53,953.00 | |
| Other income | 41,717.00 | 41,717.00 | |
| Total income | 95,670.00 | 95,670.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 28,932.00 | 28,932.00 |
| (b) | Purchases of stock-in-trade | 4,828.00 | 4,828.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (11,343.00) | (11,343.00) |
| (d) | Employee benefit expense | 1,711.00 | 1,711.00 |
| (e) | Finance costs | 455.00 | 455.00 |
| (f) | Depreciation, depletion and amortisation expense | 563.00 | 563.00 |
| (f) | Other Expenses | ||
| 1 | Power Cost | 14,178.00 | 14,178.00 |
| 2 | Other Expenses | 6,564.00 | 6,564.00 |
| Total other expenses | 20,742.00 | 20,742.00 | |
| Total expenses | 45,888.00 | 45,888.00 | |
| 3 | Total profit before exceptional items and tax | 49,782.00 | 49,782.00 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 49,782.00 | 49,782.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 3,715.00 | 3,715.00 |
| 8 | Deferred tax | 6,495.00 | 6,495.00 |
| 9 | Total tax expenses | 10,210.00 | 10,210.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 39,572.00 | 39,572.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 39,572.00 | 39,572.00 |
| 17 | Other comprehensive income net of taxes | 4.00 | 4.00 |
| 18 | Total Comprehensive Income for the period | 39,576.00 | 39,576.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 39,304.00 | 39,304.00 | |
| Total profit or loss, attributable to non-controlling interests | 268.00 | 268.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 39,308.00 | 39,308.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 268.00 | 268.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 2,911.00 | 2,911.00 | |
| Face value of equity share capital | 10 | 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 | 135.01 | 135.01 | |
| Diluted earnings (loss) per share from continuing operations | 135.01 | 135.01 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 135.01 | 135.01 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 135.01 | 135.01 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Notes to the Statement of Unaudited Consolidated Financial Results for the quarter ended June 30, 2026 2.The above Un-audited Consolidated Financial Results, have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on August 13, 2026. The Statutory Auditors have conducted the limited review of the above unaudited consolidated financial results. 3.The Un-audited Consolidated 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. 4.The Board of Directors of the Company in its meeting held on May 28, 2025 had approved a Scheme of Merger by Absorption (Scheme) of Impex Metal & Ferro Alloys Limited (Wholly owned subsidiary of the Company) (Impex) (Transferor Company) with Maithan Alloys Limited (MAL) (Transferee Company) under the provisions of Section 230 to 232 and other applicable provisions of the Companies Act, 2013. The Scheme provides for the merger of Impex into MAL. Application seeking approval of the Scheme was subsequently filed with Hon’ble National Company Law Tribunal (NCLT), Kolkata Bench on August 02, 2025. Hon’ble NCLT, Kolkata Bench vide its Order dated June 08, 2026 sanctioned the Scheme and the said Scheme became effective upon filing of a Certified Copy of the said Order dated June 08, 2026 with Registrar of Companies, West Bengal on June 30, 2026 with the Appointed date as March 31, 2024. Accordingly, the Company has given accounting effect in accordance with the accounting treatment prescribed under the Scheme and Appendix C of Ind AS 103 - Business combination of entities under common control in the earlier approved consolidated financial results from the Appointed date of March 31, 2024 and has revised the consolidated financial results for the quarter and year ended March 31, 2026 as approved by the Board of Directors on May 16, 2026. The revised consolidated financial results were approved by the Board of Directors on August 04, 2026. Consequently, the comparative financial results and other financial information for the quarter ended June 30, 2025 included in this results have also been restated to give effect of the Scheme. 5. The Company has entered into Partnership with Dadhichi Rail and Defence Operation Limited (Wholly owned subsidiary of the Company) in Maithan Estates LLP (LLP) on June 25, 2026. Company’s share in the LLP is 99.99% and no Capital contributed has been made during the quarter ended June 30, 2026. 6.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. 396.72 Crore for the Quarter ended June 2026; (Rs. -178.01 Crore for the Quarter ended March 2026); (Rs. 635.99 Crore for the Quarter ended June 2025) and (Rs. 289.72 Crore for the year ended March 2026). 7.The revised consolidated figures for the quarter ended March 31, 2026 as reported in these consolidated financial results are the balancing figures between revised audited figures in respect of the full financial year and the published year to date consolidated figures (as restated) up to the end of the nine months of the relevant financial year. Also, the consolidated figures (as restated) up to the third quarter had only been reviewed and not subjected to audit. 8.The result for quarter ended June 30, 2026 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). For Maithan Alloys Limited Subodh Agarwalla Whole time Director & CEO Place: Kolkata Date : August 13, 2026. |
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| Debt equity ratio | |
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| Debt service coverage ratio | |
| Interest service coverage ratio |
| 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 | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-06-2026 | 30-06-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Ferro Alloys | 53,953.00 | 53,953.00 | ||||
| 2 | Real Estate | 0.00 | 0.00 | ||||
| 3 | Unallocated | 0.00 | 0.00 | ||||
| Total Segment Revenue | 53,953.00 | 53,953.00 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Revenue from operations | 53,953.00 | 53,953.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Ferro Alloys | 8,924.00 | 8,924.00 | ||||
| 2 | Real Estate | (4.00) | (4.00) | ||||
| 3 | Unallocated | 0.00 | 0.00 | ||||
| Total Profit before tax | 8,920.00 | 8,920.00 | |||||
| i. Finance cost | 455.00 | 455.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | (41,317.00) | (41,317.00) | |||||
| Profit before tax | 49,782.00 | 49,782.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Ferro Alloys | 1,47,116.00 | 1,47,116.00 | ||||
| 2 | Real Estate | 72,367.00 | 72,367.00 | ||||
| 3 | Unallocated | 3,38,445.00 | 3,38,445.00 | ||||
| Total Segment Asset | 5,57,928.00 | 5,57,928.00 | |||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Asset | 5,57,928.00 | 5,57,928.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Ferro Alloys | 38,660.00 | 38,660.00 | ||||
| 2 | Real Estate | 2.00 | 2.00 | ||||
| 3 | Unallocated | 67,046.00 | 67,046.00 | ||||
| Total Segment Liabilities | 1,05,708.00 | 1,05,708.00 | |||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | 1,05,708.00 | 1,05,708.00 | |||||
| Disclosure of notes on segments | |||||||
| 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 | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-06-2026 | 30-06-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 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 | 5.00 | 5.00 |
| Total Amount of items that will not be reclassified to profit and loss | 5.00 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 1.00 | 1.00 |
| 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 | 4.00 | 4.00 |