General information about company |
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|---|---|---|---|
| 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-2024 | ||
| Date of end of financial year | 31-Mar-2025 | ||
| Date of board meeting when results were approved | 28-May-2025 | ||
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 19-May-2025 | ||
| Description of presentation currency | INR (in Actuals) | ||
| Reporting Type | Quarterly | ||
| Reporting Quarter | Fourth 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 | Audited | ||
| Segment Reporting | Multi segment | ||
| Description of single segment | |||
| Start date and time of board meeting | 28-May-2025 12:30:00 | ||
| End date and time of board meeting | 28-May-2025 17:07:00 | ||
| Whether cash flow statement is applicable on company | Yes | ||
| Type of cash flow statement | Cash Flow Indirect | ||
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion | ||
| Whether the company has any related party? | Yes | ||
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | Yes | ||
| (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 | NA | ||
| (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. | NA | ||
| Whether the company is a high value debt listed entity according to regulation 15 (1A)? | No | ||
| (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? | Yes | ||
| Latest Date on which RPT policy is updated | 2022-02-12 | ||
| Indicate Company website link for updated RPT policy of the Company | https://www.maithanalloys.com/wp-content/uploads/2022/08/material-RPT-changed.pdf | ||
| 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 |
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|---|---|---|---|
| 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-Jan-2025 | 01-Apr-2024 |
| B | Date of end of reporting period | 31-Mar-2025 | 31-Mar-2025 |
| C | Whether results are audited or unaudited | Unaudited | Audited |
| D | Nature of report standalone or consolidated | Standalone | 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 | 4388100000 | 18196500000 | |
| Other income | -1125700000 | 7266200000 | |
| Total income | 3262400000 | 25462700000 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 1983800000 | 7732000000 |
| (b) | Purchases of stock-in-trade | 1301400000 | 3509300000 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | -706400000 | -430100000 |
| (d) | Employee benefit expense | -38000000 | 364800000 |
| (e) | Finance costs | 77600000 | 209100000 |
| (f) | Depreciation, depletion and amortisation expense | 37800000 | 149000000 |
| (f) | Other Expenses | ||
| 1 | Power Cost | 896400000 | 3717600000 |
| 2 | Other Expenses | 345700000 | 1626300000 |
| Total other expenses | 1242100000 | 5343900000 | |
| Total expenses | 3898300000 | 16878000000 | |
| 3 | Total profit before exceptional items and tax | -635900000 | 8584700000 |
| 4 | Exceptional items | 0 | 0 |
| 5 | Total profit before tax | -635900000 | 8584700000 |
| 6 | Tax expense | ||
| 7 | Current tax | -382600000 | 446200000 |
| 8 | Deferred tax | 409000000 | 1736200000 |
| 9 | Total tax expenses | 26400000 | 2182400000 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0 | 0 |
| 11 | Net Profit Loss for the period from continuing operations | -662300000 | 6402300000 |
| 12 | Profit (loss) from discontinued operations before tax | 0 | 0 |
| 13 | Tax expense of discontinued operations | 0 | 0 |
| 14 | Net profit (loss) from discontinued operation after tax | 0 | 0 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0 | 0 |
| 16 | Total profit (loss) for period | -662300000 | 6402300000 |
| 17 | Other comprehensive income net of taxes | 1300000 | 2000000 |
| 18 | Total Comprehensive Income for the period | -661000000 | 6404300000 |
| 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 | 291100000 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | 36554800000 | |
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | -22.75 | 219.92 | |
| Diluted earnings (loss) per share from continuing operations | -22.75 | 219.92 | |
| 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 | -22.75 | 219.92 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -22.75 | 219.92 | |
| 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 |
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|---|---|---|---|
| Textual Information(1) | nNotes to the Statement of Audited Standalone Financial Results for the quarter and year ended March 31, 2025 n n1.tThe above Audited Standalone Financial Results, have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 28, 2025. The Statutory Auditors of the Company who have issued unmodified audit reports thereon. n n2.tThe 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.tOn February 05, 2025, the Company has entered into a Shares Purchase Agreement (SPA) with its existing shareholders for the acquisition of 100% of the share capital of Eloise Builders & Constructions Private Limited (EBCPL). On completion of the condition precedent to SPA, EBCPL has become wholly owned subsidiary of the Company w.e.f. February 25, 2025. The acquisition was carried out for a purchase consideration of Rs. 73.00 Crore. Based on guidance on definition of business under Ind AS 103, Management has classified above acquisitions as asset acquisition. n n n4.tThe 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. The Scheme is conditional upon and subject to necessary statutory and regulatory applications and approvals under applicable laws, including the jurisdictional National Company Law Tribunal. n n5.tOther 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. -138.09 Crore for the Quarter ended March 2025; ( Rs. 83.99 Crore for the Quarter ended December 2024); ( Rs. 152.34 Crore for the Quarter ended March 2024); ( Rs. 647.80 Crore for the year ended March 2025) and ( Rs. 272.12 Crore for the year ended March 2024). n n6.tDadhichi Rail & Defence Operations Limited, a wholly owned subsidiary having its registered office at Kolkata in the State of West Bengal has been incorporated on July 20, 2024 with the objects to manufacture specialized parts for railway, tramway, locomotives or of rolling stock and to manufacture and deal in goods and products used in defence sector. n n7.tMaithan Ferrous Private Limited, a subsidiary has commenced the commercial production from September 07, 2024 in its Ferro Alloy Plant at Barjora in Bankura District, West Bengal. n n n8.tThe manufacturing operations at the Byrnihat Unit were discontinued on February 5, 2025 as per the directions of Meghalaya State Pollution Control Board (MSPCB) vide their letter dated February 5, 2025 wherein, they have pointed out certain discrepancies in compliances. However, the operation was resumed on March 11, 2025 upon revocation of Notice of Closure by MSPCB. n n n n9.tBased on the profit threshold as of March 31, 2025 , out of remuneration accrued to Directors upto December 31, 2024, remuneration amounting to Rs. 10.63/- crores had been accrued in excess of the limits approved by the shareholders. This excess remuneration was reversed during the quarter ended March 31, 2025. As a result, the Employee Benefit Expense for the quarter reflects a negative amount of Rs. 3.80/- crores. Subsequent to the reversal, the amount paid to directors which remained in excess of the permissible limits as of March 31, 2025 has since been refunded by the directors on May 28, 2025. n n10.tThe Board of Directors of the Company, at their meeting held on May 28, 2025, has declared Second Interim Dividend of Rs. 7/- per equity share (face value Rs. 10/- per equity share), for the financial year 2024-25. This is in addition to the interim dividend of Rs. 3/- per equity share (face value Rs. 10/- per equity share) paid during the year by the company. n n n11.tThe Board of Directors have recommended a final dividend of Rs. 6/- per share for the year ended March 31, 2025, at their meeting held on May 28, 2025. The payment of final Dividend is subject to approval of the shareholders at the ensuing Annual General Meeting of the Company. n n12.tThe Company has altered their Object clause of its Memorandum of Association to undertake the Real Estate Business activities and have commenced its new business activities w.e.f. January 17, 2025. n n n13.tThe figures for the quarter ended March 31, 2025 and March 31, 2024 are balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the respective financial years. Also, the figures up to the end of third quarter had only been reviewed and not subjected to audit. n n14.tThe result for quarter and year ended March 31, 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 n15.tFigures for the previous period/year have been regrouped and / or reclassified to conform to the classification of current period/year’s figures, wherever necessary. n n nFor Maithan Alloys Limited nS. C. Agarwalla nChairman & Managing Director n nPlace: Kolkata nDate : May 28, 2025.t n n n n n n n n n n n | ||
Remarks |
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|---|---|
| Debt equity ratio | |
| Debt service coverage ratio | |
| Interest service coverage ratio | |
Statement of Asset and Liabilities |
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|---|---|---|---|
| Particulars | Year ended (dd-mm-yyyy) | ||
| Date of start of reporting period | 01-Apr-2024 | ||
| Date of end of reporting period | 31-Mar-2025 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Standalone | ||
| Assets | |||
| 1 | Non-current assets | ||
| Property, plant and equipment | 1352800000 | ||
| Capital work-in-progress | 2700000 | ||
| Investment property | 0 | ||
| Goodwill | 0 | ||
| Other intangible assets | 3200000 | ||
| Intangible assets under development | 0 | ||
| Biological assets other than bearer plants | 0 | ||
| Investments accounted for using equity method | 0 | ||
| Non-current financial assets | |||
| Non-current investments | 12435600000 | ||
| Trade receivables, non-current | 0 | ||
| Loans, non-current | 178200000 | ||
| Other non-current financial assets | 398800000 | ||
| Total non-current financial assets | 13012600000 | ||
| Deferred tax assets (net) | 0 | ||
| Other non-current assets | 157100000 | ||
| Total non-current assets | 14528400000 | ||
| 2 | Current assets | ||
| Inventories | 5880400000 | ||
| Current financial asset | |||
| Current investments | 19778200000 | ||
| Trade receivables, current | 1454000000 | ||
| Cash and cash equivalents | 163600000 | ||
| Bank balance other than cash and cash equivalents | 355700000 | ||
| Loans, current | 4149400000 | ||
| Other current financial assets | 332700000 | ||
| Total current financial assets | 26233600000 | ||
| Current tax assets (net) | 0 | ||
| Other current assets | 519000000 | ||
| Total current assets | 32633000000 | ||
| 3 | Non-current assets classified as held for sale | 0 | |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 0 | |
| Total assets | 47161400000 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 291100000 | ||
| Other equity | 36554800000 | ||
| Total equity attributable to owners of parent | 36845900000 | ||
| Non controlling interest | |||
| Total equity | 36845900000 | ||
| 2 | Liabilities | ||
| Non-current liabilities | |||
| Non-current financial liabilities | |||
| Borrowings, non-current | 0 | ||
| Trade payables, non-current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 0 | ||
| Total Trade payable | 0 | ||
| Other non-current financial liabilities | 31200000 | ||
| Total non-current financial liabilities | 31200000 | ||
| Provisions, non-current | 33200000 | ||
| Deferred tax liabilities (net) | 2225800000 | ||
| Deferred government grants, Non-current | 0 | ||
| Other non-current liabilities | 500000 | ||
| Total non-current liabilities | 2290700000 | ||
| Current liabilities | |||
| Current financial liabilities | |||
| Borrowings, current | 5618600000 | ||
| Trade payables, current | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 5300000 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 1116300000 | ||
| Total Trade payable | 1121600000 | ||
| Other current financial liabilities | 749700000 | ||
| Total current financial liabilities | 7489900000 | ||
| Other current liabilities | 457800000 | ||
| Provisions, current | 5700000 | ||
| Current tax liabilities (Net) | 71400000 | ||
| Deferred government grants, Current | 0 | ||
| Total current liabilities | 8024800000 | ||
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | 0 | |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | 0 | |
| Total liabilities | 10315500000 | ||
| Total equity and liabilites | 47161400000 | ||
| Disclosure of notes on assets and liabilities | |||
Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results |
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|---|---|---|---|---|---|---|---|
| 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-Jan-2025 | 01-Apr-2024 | |||||
| Date of end of reporting period | 31-Mar-2025 | 31-Mar-2025 | |||||
| Whether accounts are audited or unaudited | Unaudited | Audited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Ferro Alloys | 4388100000 | 18196500000 | ||||
| 2 | Real Estate | 0 | 0 | ||||
| 3 | Unallocated | 0 | 0 | ||||
| Total Segment Revenue | 4388100000 | 18196500000 | |||||
| Less: Inter segment revenue | 0 | 0 | |||||
| Revenue from operations | 4388100000 | 18196500000 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Ferro Alloys | 673100000 | 1942900000 | ||||
| 2 | Real Estate | 0 | 0 | ||||
| 3 | Unallocated | 0 | 0 | ||||
| Total Profit before tax | 673100000 | 1942900000 | |||||
| i. Finance cost | 77600000 | 77600000 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 1231400000 | 1231400000 | |||||
| Profit before tax | -635900000 | 8584700000 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Ferro Alloys | 9630000000 | 9630000000 | ||||
| 2 | Real Estate | 1979400000 | 1979400000 | ||||
| 3 | Unallocated | 35552000000 | 35552000000 | ||||
| Total Segment Asset | 47161400000 | 47161400000 | |||||
| Un-allocable Assets | 0 | 0 | |||||
| Net Segment Asset | 47161400000 | 47161400000 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Ferro Alloys | 2380700000 | 2380700000 | ||||
| 2 | Real Estate | 0 | 0 | ||||
| 3 | Unallocated | 7934800000 | 7934800000 | ||||
| Total Segment Liabilities | 10315500000 | 10315500000 | |||||
| Un-allocable Liabilities | 0 | 0 | |||||
| Net Segment Liabilities | 10315500000 | 10315500000 | |||||
| Disclosure of notes on segments | |||||||
Other Comprehensive Income |
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|---|---|---|---|
| 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-Jan-2025 | 01-Apr-2024 |
| B | Date of end of reporting period | 31-Mar-2025 | 31-Mar-2025 |
| C | Whether results are audited or unaudited | Unaudited | Audited |
| D | Nature of report standalone or consolidated | Standalone | 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 | 1700000 | 2600000 |
| Total Amount of items that will not be reclassified to profit and loss | 1700000 | 2600000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 400000 | 600000 |
| 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 | 1300000 | 2000000 |
Cash flow statement, indirect |
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|---|---|---|---|---|---|---|
| Particulars | Year ended (dd-mm-yyyy) | |||||
| A | Date of start of reporting period | 01-Apr-2024 | ||||
| B | Date of end of reporting period | 31-Mar-2025 | ||||
| C | Whether results are audited or unaudited | Audited | ||||
| D | Nature of report standalone or consolidated | Standalone | ||||
| Part I | Blue color marked fields are non-mandatory. | |||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | 8584700000 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 209100000 | |||||
| Adjustments for decrease (increase) in inventories | -2483800000 | |||||
| Adjustments for decrease (increase) in trade receivables, current | 2421800000 | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0 | |||||
| Adjustments for decrease (increase) in other current assets | -247700000 | |||||
| Adjustments for decrease (increase) in other non-current assets | -30700000 | |||||
| Adjustments for other financial assets, non-current | 0 | |||||
| Adjustments for other financial assets, current | 4136300000 | |||||
| Adjustments for other bank balances | 0 | |||||
| Adjustments for increase (decrease) in trade payables, current | 308500000 | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0 | |||||
| Adjustments for increase (decrease) in other current liabilities | 23300000 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0 | |||||
| Adjustments for depreciation and amortisation expense | 149000000 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0 | |||||
| Adjustments for provisions, current | 3800000 | |||||
| Adjustments for provisions, non-current | 0 | |||||
| Adjustments for other financial liabilities, current | 23700000 | |||||
| Adjustments for other financial liabilities, non-current | 0 | |||||
| Adjustments for unrealised foreign exchange losses gains | -27400000 | |||||
| Adjustments for dividend income | 456300000 | |||||
| Adjustments for interest income | 231400000 | |||||
| Adjustments for share-based payments | 0 | |||||
| Adjustments for fair value losses (gains) | -8320100000 | |||||
| Adjustments for undistributed profits of associates | 0 | |||||
| Other adjustments for which cash effects are investing or financing cash flow | 1842100000 | |||||
| Other adjustments to reconcile profit (loss) | -3600000 | |||||
| Other adjustments for non-cash items | -29600000 | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0 | |||||
| Total adjustments for reconcile profit (loss) | -2713000000 | |||||
| Net cash flows from (used in) operations | 5871700000 | |||||
| Dividends received | 0 | |||||
| Interest paid | 0 | |||||
| Interest received | 0 | |||||
| Income taxes paid (refund) | 555100000 | |||||
| Other inflows (outflows) of cash | 0 | |||||
| Net cash flows from (used in) operating activities | 5316600000 | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 814200000 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 45658600000 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 51890100000 | |||||
| Other cash receipts from sales of interests in joint ventures | 0 | |||||
| Other cash payments to acquire interests in joint ventures | 0 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0 | |||||
| Proceeds from sales of property, plant and equipment | 6400000 | |||||
| Purchase of property, plant and equipment | 57400000 | |||||
| Proceeds from sales of investment property | 0 | |||||
| Purchase of investment property | 0 | |||||
| Proceeds from sales of intangible assets | 0 | |||||
| Purchase of intangible assets | 0 | |||||
| Proceeds from sales of intangible assets under development | 0 | |||||
| Purchase of intangible assets under development | 0 | |||||
| Proceeds from sales of goodwill | 0 | |||||
| Purchase of goodwill | 0 | |||||
| Proceeds from biological assets other than bearer plants | 0 | |||||
| Purchase of biological assets other than bearer plants | 0 | |||||
| Proceeds from government grants | 0 | |||||
| Proceeds from sales of other long-term assets | 0 | |||||
| Purchase of other long-term assets | 0 | |||||
| Cash advances and loans made to other parties | 4070400000 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 0 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0 | |||||
| Dividends received | 456300000 | |||||
| Interest received | 212200000 | |||||
| Income taxes paid (refund) | 0 | |||||
| Other inflows (outflows) of cash | -62400000 | |||||
| Net cash flows from (used in) investing activities | -10561000000 | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 0 | |||||
| Payments from changes in ownership interests in subsidiaries | 0 | |||||
| Proceeds from issuing shares | 0 | |||||
| Proceeds from issuing other equity instruments | 0 | |||||
| Payments to acquire or redeem entity's shares | 0 | |||||
| Payments of other equity instruments | 0 | |||||
| Proceeds from exercise of stock options | 0 | |||||
| Proceeds from issuing debentures notes bonds etc | 0 | |||||
| Proceeds from borrowings | 5504200000 | |||||
| Repayments of borrowings | 0 | |||||
| Payments of lease liabilities | 1000000 | |||||
| Dividends paid | 262000000 | |||||
| Interest paid | 190100000 | |||||
| Income taxes paid (refund) | 0 | |||||
| Other inflows (outflows) of cash | 0 | |||||
| Net cash flows from (used in) financing activities | 5051100000 | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | -193300000 | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 0 | |||||
| Net increase (decrease) in cash and cash equivalents | -193300000 | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 356900000 | |||||
| Cash and cash equivalents cash flow statement at end of period | 163600000 | |||||
Details of Impact of Audit Qualification |
|
|---|---|
| Whether results are audited or unaudited | Audited |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | Singhi & Co. | Yes | 31-Aug-2025 | ||
|---|---|---|---|---|---|
Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) |
| Sr No. | Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||||
| Details of the party (listed entity/subsidiary) entering into the transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of the related party transaction ratified by the audit committee | Date of Audit Committee Meeting where the ratification was approved | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | ||||||||||
| 1 | Maithan Alloys Ltd. (MAL) | Subhas Chandra Agarwalla | Director and KMP of MAL | Remuneration | NA | -7000000 | 500000 | 14000000 | Textual Information(1) | ||||||||||||||||
| 2 | Maithan Alloys Ltd. | Subodh Agarwalla | Director and KMP of MAL | Remuneration | NA | -5600000 | 400000 | 3400000 | Textual Information(2) | ||||||||||||||||
| 3 | Maithan Alloys Ltd. | Sudhanshu Agarwalla | KMP of MAL | Remuneration | NA | 32500000 | 400000 | 800000 | Textual Information(3) | ||||||||||||||||
| 4 | Maithan Alloys Ltd. | Siddhartha Shankar Agarwalla | Member of Promoter Group | Remuneration | NA | 6000000 | 300000 | 300000 | Textual Information(4) | ||||||||||||||||
| 5 | Maithan Alloys Ltd. | Vivek Kaul | Director of MAL | Any other transaction | Sitting Fee | NA | 100000 | 0 | 0 | ||||||||||||||||
| 6 | Maithan Alloys Ltd. | P K Venkatramani | Director of MAL | Any other transaction | Reimbursement of Expenses | NA | 0 | 0 | 0 | Textual Information(5) | |||||||||||||||
| 7 | Maithan Alloys Ltd. | P K Venkatramani | Director of MAL | Any other transaction | Sitting Fee | NA | 100000 | 0 | 0 | ||||||||||||||||
| 8 | Maithan Alloys Ltd. | Srinivas Peddi | Director of MAL | Any other transaction | Sitting Fee | NA | 100000 | 0 | 0 | ||||||||||||||||
| 9 | Maithan Alloys Ltd. | Naresh Kumar Jain | Director of MAL | Any other transaction | Sitting Fee | NA | 100000 | 0 | 0 | ||||||||||||||||
| 10 | Maithan Alloys Ltd. | Sonal Choubey | Director of MAL | Any other transaction | Sitting Fee | NA | 100000 | 0 | 0 | ||||||||||||||||
| 11 | Maithan Alloys Ltd. | Aayush Khetawat | Director of MAL | Any other transaction | Sitting Fee | NA | 100000 | 0 | 0 | ||||||||||||||||
| 12 | Maithan Alloys Ltd. | BMA Foundation | Enterprise over which KMP of MAL are able to exercise significant influence | Any other transaction | Donation Towards CSR Expenses | 15000000 | NA | 15000000 | 0 | 0 | |||||||||||||||
| 13 | Maithan Alloys Ltd. | Pramod Kumar Chaudhary | KMP & Director of Subsidiary of MAL | Remuneration | NA | 1400000 | 100000 | 100000 | Textual Information(6) | ||||||||||||||||
| 14 | Maithan Alloys Ltd. | Rajesh K Shah | KMP of MAL | Remuneration | NA | 1200000 | 100000 | 100000 | Textual Information(7) | ||||||||||||||||
| 15 | Maithan Alloys Ltd. | Shailendra Kumar Shaw | Director of Subsidiary of MAL | Remuneration | NA | 600000 | 100000 | 100000 | Textual Information(8) | ||||||||||||||||
| 16 | Maithan Alloys Ltd. | Debasis Panda | Director of Subsidiary of MAL | Remuneration | NA | 700000 | 100000 | 100000 | Textual Information(9) | ||||||||||||||||
| 17 | Maithan Alloys Ltd. | Superbright Textiles Pvt. Ltd. | Private Limited Company in which Directors and KMP of MAL are members | Any other transaction | Rent paid | NA | 600000 | 0 | 0 | Textual Information(10) | |||||||||||||||
| 18 | Maithan Alloys Ltd. | Sheela Devi Agarwalla | Member of Promoter Group and Relative of Director/KMP of MAL | Any other transaction | Rent paid | NA | 600000 | 0 | 0 | Textual Information(11) | |||||||||||||||
| 19 | Maithan Alloys Ltd. | Sudhanshu Agarwalla | KMP of MAL | Any other transaction | Rent paid | NA | 200000 | 0 | 0 | Textual Information(12) | |||||||||||||||
| 20 | Maithan Alloys Ltd. | Sudhanshu Agarwalla | KMP of MAL | Any other transaction | Security Deposit | NA | 0 | 100000 | 100000 | ||||||||||||||||
| 21 | Maithan Alloys Ltd. | Impex Metal & Ferro Alloys Ltd. | Wholly owned Subsidiary Company of MAL | Loan | 500000000 | NA | 0 | 302000000 | 302000000 | ||||||||||||||||
| 22 | Maithan Alloys Ltd. | Impex Metal & Ferro Alloys Ltd. | Wholly owned Subsidiary Company of MAL | Interest received | NA | 10500000 | 4800000 | 4700000 | |||||||||||||||||
| 23 | Maithan Alloys Ltd. | Impex Metal & Ferro Alloys Ltd. | Wholly owned Subsidiary Company of MAL | Purchase of goods or services | 500000000 | NA | 7400000 | 0 | 0 | ||||||||||||||||
| 24 | Maithan Alloys Ltd. | Impex Metal & Ferro Alloys Ltd. | Wholly owned Subsidiary Company of MAL | Sale of goods or services | 500000000 | NA | 123900000 | 23900000 | 2500000 | ||||||||||||||||
| 25 | Maithan Alloys Ltd. | Impex Metal & Ferro Alloys Ltd. | Wholly owned Subsidiary Company of MAL | Any other transaction | On behalf Expense Paid | 5000000 | NA | 0 | 1900000 | 0 | |||||||||||||||
| 26 | Maithan Alloys Ltd. | Maithan Ferrous Pvt. Ltd. | Subsidiary Company of MAL | Sale of goods or services | 5000000000 | NA | 791300000 | 137700000 | 22000000 | ||||||||||||||||
| 27 | Maithan Alloys Ltd. | Maithan Ferrous Pvt. Ltd. | Subsidiary Company of MAL | Purchase of goods or services | 5000000000 | NA | 1001900000 | 35800000 | 3400000 | ||||||||||||||||
| 28 | Maithan Alloys Ltd. | Shree Ambey Ispat Private Limited | Enterprise over which Director of Subsidiary of MAL is able to exercise significant influence | Sale of goods or services | 300000000 | NA | 0 | 600000 | 0 | ||||||||||||||||
| 29 | Anjaney Minerals Ltd. | Anamika Gupta | KMP of Subsidiary of MAL | Remuneration | NA | 100000 | 0 | 0 | Textual Information(13) | ||||||||||||||||
| 30 | Maithan Ferrous Pvt. Ltd. | Shree Ambey Ispat Private Limited | Enterprise over which Director of Subsidiary of MAL is able to exercise significant influence | Sale of goods or services | 5000000 | NA | 0 | 0 | 0 | Textual Information(14) | |||||||||||||||
| 31 | Maithan Ferrous Pvt. Ltd. | Shree Ambey Ispat Private Limited | Enterprise over which Director of Subsidiary of MAL is able to exercise significant influence | Purchase of goods or services | 5000000 | NA | 100000 | 0 | 0 | ||||||||||||||||
| 32 | Maithan Ferrous Pvt. Ltd. | Pramod Kumar Chaudhary | KMP & Director of Subsidiary of MAL | Any other transaction | Reimbursement of Expenses | 500000 | NA | 0 | 0 | 0 | Textual Information(15) | ||||||||||||||
| 33 | Maithan Ferrous Pvt. Ltd. | Salanpur Sinters P Ltd. | Wholly owned Subsidiary Company of MAL | Purchase of fixed assets | 37500000 | NA | 0 | 19600000 | 0 | ||||||||||||||||
| 34 | Maithan Alloys Ltd. | Shree Ambey Ispat Private Limited | Enterprise over which Director of Subsidiary of MAL is able to exercise significant influence | Advance | 150000000 | NA | 0 | 125500000 | 0 | ||||||||||||||||
| 35 | Impex Metal & Ferro Alloys Ltd. | BMA Foundation | Enterprise over which KMP of MAL are able to exercise significant influence | Any other transaction | Donation Towards CSR Expenses | 5500000 | NA | 5500000 | 0 | 0 | |||||||||||||||
| 36 | Maithan Ferrous Pvt. Ltd. | Aditya Mishra | Director of Subsidiary of MAL | Any other transaction | Reimbursement of Expenses | 500000 | NA | 400000 | 0 | 0 | |||||||||||||||
| 37 | Maithan Alloys Ltd. | Siddhartha Shankar Agarwalla | Member of Promoter Group | Any other transaction | Reimbursement of Expenses | NA | 100000 | 0 | 0 | ||||||||||||||||
| 38 | Maithan Alloys Ltd. | Anjaney Minerals Ltd. | Wholly owned Subsidiary Company of MAL | Loan | NA | 256400000 | 0 | 256400000 | Loan | 0.0925 | repayable on demand | Unsecured | for Business Purpose | ||||||||||||
| 39 | Maithan Alloys Ltd. | Anjaney Minerals Ltd. | Wholly owned Subsidiary Company of MAL | Interest received | NA | 7000000 | 0 | 6300000 | |||||||||||||||||
| 40 | Maithan Alloys Ltd. | Salanpur Sinters P Ltd. | Wholly owned Subsidiary Company of MAL | Loan | NA | 320400000 | 0 | 320400000 | Loan | 0.0925 | repayable on demand | Unsecured | for Business Purpose | ||||||||||||
| 41 | Maithan Alloys Ltd. | Salanpur Sinters P Ltd. | Wholly owned Subsidiary Company of MAL | Loan | NA | 67100000 | 0 | 67100000 | Loan | 0.0925 | 3 years | Unsecured | for Business Purpose | ||||||||||||
| 42 | Maithan Alloys Ltd. | Salanpur Sinters P Ltd. | Wholly owned Subsidiary Company of MAL | Interest received | NA | 9100000 | 0 | 8200000 | |||||||||||||||||
| 43 | Maithan Alloys Ltd. | Dadhichi Rail & Defence Operations Limited | Wholly owned Subsidiary Company of MAL | Loan | NA | 1215200000 | 0 | 1215200000 | Loan | 0.0925 | repayable on demand | Unsecured | for Business Purpose | ||||||||||||
| 44 | Maithan Alloys Ltd. | Dadhichi Rail & Defence Operations Limited | Wholly owned Subsidiary Company of MAL | Loan | NA | 111100000 | 0 | 111100000 | Loan | 0.0925 | 3 years | Unsecured | for Business Purpose | ||||||||||||
| 45 | Maithan Alloys Ltd. | Dadhichi Rail & Defence Operations Limited | Wholly owned Subsidiary Company of MAL | Interest received | NA | 8300000 | 0 | 7400000 | |||||||||||||||||
| 46 | Maithan Alloys Ltd. | Eloise Builders and Constructions Pvt Ltd | Wholly owned Subsidiary Company of MAL | Loan | 500000000 | NA | 415400000 | 0 | 415400000 | Loan | 0.0925 | repayable on demand | Unsecured | for Business Purpose | |||||||||||
| 47 | Maithan Alloys Ltd. | Eloise Builders and Constructions Pvt Ltd | Wholly owned Subsidiary Company of MAL | Interest received | NA | 3100000 | 0 | 2700000 | |||||||||||||||||
| 48 | Maithan Alloys Ltd. | BMA Maithan Ferrous Limited | Enterprise over which KMP of MAL are able to exercise significant influence | Any other transaction | On Behalf expenses -Paid | 300000 | NA | 3000000 | 0 | 0 | |||||||||||||||
| 49 | Maithan Alloys Ltd. | Pramod Kumar Chaudhary | KMP & Director of Subsidiary of MAL | Any other transaction | reimbursement of expenses | 5000000 | NA | 200000 | 0 | 100000 | |||||||||||||||
| 50 | Maithan Alloys Ltd. | Pramod Kumar Chaudhary | KMP & Director of Subsidiary of MAL | Advance | NA | 1500000 | 0 | 1500000 | Textual Information(16) | ||||||||||||||||
| 51 | Maithan Alloys Ltd. | Anjaney Minerals Ltd. | Wholly owned Subsidiary Company of MAL | Loan | 800000000 | NA | 800000000 | 0 | 800000000 | Loan | 0.0925 | repayable on demand | Loan | 0.0925 | repayable on demand | Unsecured | for Business Purpose | ||||||||
| 52 | Maithan Alloys Ltd. | Salanpur Sinters P Ltd. | Wholly owned Subsidiary Company of MAL | Loan | 790000000 | NA | 790000000 | 0 | 790000000 | Loan | 0.0925 | repayable on demand | Loan | 0.0925 | repayable on demand | Unsecured | for Business Purpose | ||||||||
| Total value of transaction during the reporting period | 5995800000 | ||||||||||||||||||||||||
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| Textual Information(1) | The remuneration paid as approved by the Board and Shareholders of the Company on the recommendation of Nomination & Remuneration Committee as well as Audit Committee. |
| Textual Information(2) | The remuneration paid as approved by the Board and Shareholders of the Company on the recommendation of Nomination & Remuneration Committee as well as Audit Committee. |
| Textual Information(3) | The remuneration paid as approved by the Board and Shareholders of the Company on the recommendation of Nomination & Remuneration Committee as well as Audit Committee. |
| Textual Information(4) | As per Terms of Employment |
| Textual Information(5) | Reimbursement of Expenses at actuals Amount Rs 47276/- |
| Textual Information(6) | As per Terms of Employment |
| Textual Information(7) | As per Terms of Employment |
| Textual Information(8) | As per Terms of Employment |
| Textual Information(9) | As per Terms of Employment |
| Textual Information(10) | Rent paid - Rs 1 lakh per month |
| Textual Information(11) | Rent paid - Rs 1 lakh per month with 10% increase each year |
| Textual Information(12) | Rent paid - Rs 40000/- per month |
| Textual Information(13) | As per terms of employment, Opening and Closing Balance is Rs 19870/- |
| Textual Information(14) | Transaction Value is Rs. 14494/- |
| Textual Information(15) | Transaction Value is Rs.37590/- |
| Textual Information(16) | As per terms of employment |