Maithan Alloys Limited — Quarter and year ended 31 March 2026
| Particulars | Quarter Ended 31-Mar-26 (Audited – Refer Note 14) | Quarter Ended 31-Dec-25 (Unaudited) | Quarter Ended 31-Mar-25 (Audited – Refer Note 14) | Year Ended 31-Mar-26 (Audited) | Year Ended 31-Mar-25 (Audited) |
|---|---|---|---|---|---|
| INCOME | |||||
| Revenue from Operations | 577.07 | 518.54 | 438.81 | 2,251.41 | 1,819.65 |
| Other Income | (162.13) | 88.90 | (112.57) | 445.54 | 726.62 |
| Total Income | 414.94 | 607.44 | 326.24 | 2,696.95 | 2,546.27 |
| EXPENSES | |||||
| Cost of Material Consumed | 185.59 | 194.40 | 198.38 | 803.29 | 773.20 |
| Purchases of Stock In Trade | 219.91 | 188.94 | 130.14 | 682.67 | 350.93 |
| Changes in Inventories of finished goods, stock in trade and work in progress | (47.94) | (72.22) | (70.64) | (97.70) | (43.01) |
| Employee Benefits Expense | 20.64 | 33.33 | (3.80) | 89.51 | 36.48 |
| Power Cost | 71.04 | 102.76 | 89.64 | 408.65 | 371.76 |
| Finance Cost | 13.31 | 3.40 | 7.76 | 40.92 | 20.91 |
| Depreciation and Amortization Expense | 3.25 | 3.35 | 3.78 | 13.66 | 14.90 |
| Other Expenses | 57.58 | 41.24 | 34.57 | 198.32 | 162.63 |
| Total Expenses | 523.38 | 495.20 | 389.83 | 2,139.32 | 1,687.80 |
| Profit / (Loss) before Exceptional item & tax | (108.44) | 112.24 | (63.59) | 557.63 | 858.47 |
| Less: Exceptional items | – | – | – | – | – |
| Profit / (Loss) Before Tax | (108.44) | 112.24 | (63.59) | 557.63 | 858.47 |
| Tax Expense | |||||
| (a) Current Tax | 46.18 | 80.76 | (38.26) | 184.30 | 49.71 |
| (b) Deferred Tax | (66.62) | (55.00) | 40.90 | (55.07) | 173.62 |
| (c) Tax for Earlier Year | – | – | – | – | (5.09) |
| Total Tax Expenses | (20.44) | 25.76 | 2.64 | 129.23 | 218.24 |
| Profit / (Loss) for the period | (88.00) | 86.48 | (66.23) | 428.40 | 640.23 |
| Description | 31-Mar-26 | 31-Dec-25 | 31-Mar-25 | 31-Mar-26 | 31-Mar-25 |
|---|---|---|---|---|---|
| Re-measurements of net defined benefit plans | (0.02) | 0.07 | 0.17 | 0.19 | 0.26 |
| Equity Instruments through OCI | – | – | – | – | – |
| Income tax relating to above items | 0.01 | (0.02) | (0.04) | (0.05) | (0.06) |
| Other Comprehensive Income for the period (net of tax) | (0.01) | 0.05 | 0.13 | 0.14 | 0.20 |
| (88.01) | 86.53 | (66.10) | 428.54 | 640.43 |
| Particulars | 31-Mar-26 | 31-Dec-25 | 31-Mar-25 | 31-Mar-26 | 31-Mar-25 |
|---|---|---|---|---|---|
| Paid up Equity Share Capital (F.V. of ₹ 10/- each) | 29.11 | 29.11 | 29.11 | 29.11 | 29.11 |
| Other Equity | – | – | – | 4,046.17 | 3,655.48 |
| Description | 31-Mar-26 | 31-Dec-25 | 31-Mar-25 | 31-Mar-26 | 31-Mar-25 |
|---|---|---|---|---|---|
| (1) Basic (in ₹) | (30.24)* | 29.72* | (22.75)* | 147.16 | 219.92 |
| (2) Diluted (in ₹) | (30.24)* | 29.72* | (22.75)* | 147.16 | 219.92 |
| Particulars | Standalone 31-Mar-26 Audited | Standalone 31-Mar-25 Audited |
|---|---|---|
| ASSETS | ||
| (1) Non-Current Assets | ||
| (a) Property, Plant and Equipment | 99.74 | 118.80 |
| (b) Capital Work in Progress | 0.97 | 0.27 |
| (c) Intangible Assets | 0.29 | 0.32 |
| (d) Right of Use Assets | 14.64 | 16.48 |
| (e) Investment in Subsidiary | 294.03 | 167.55 |
| (f) Financial Assets | ||
| (i) Investments | 1,057.26 | 1,076.01 |
| (ii) Loans | 6.71 | 17.82 |
| (iii) Other Financial Assets | 43.70 | 39.88 |
| (g) Non Current Tax Assets (Net) | 11.40 | 11.06 |
| (h) Other Non-Current Assets | 5.16 | 4.65 |
| Total Non-Current Assets | 1,533.90 | 1,452.84 |
| (2) Current Assets | ||
| (a) Inventories | 628.99 | 588.04 |
| (b) Financial Assets | ||
| (i) Investments | 1,653.12 | 1,977.82 |
| (ii) Trade Receivables | 145.45 | 145.40 |
| (iii) Cash and Cash Equivalents | 41.33 | 16.36 |
| (iv) Bank Balances (other than (iii) above) | 44.26 | 35.57 |
| (v) Loans | 524.97 | 414.94 |
| (vi) Other Financial Assets | 86.34 | 33.27 |
| (c) Other Current Assets | 98.68 | 51.90 |
| Total Current Assets | 3,223.14 | 3,263.29 |
| Total Assets | 4,757.04 | 4,716.14 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| (a) Equity Share Capital | 29.11 | 29.11 |
| (b) Other Equity | 4,046.17 | 3,655.48 |
| Total Equity | 4,075.28 | 3,684.59 |
| Liabilities | ||
| (1) Non-Current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Lease Liabilities | 1.84 | 3.12 |
| (b) Provisions | 2.64 | 3.32 |
| (c) Deferred Tax Liabilities (Net) | 167.56 | 222.58 |
| (d) Other Non-Current Liabilities | – | 0.05 |
| Total Non-Current Liabilities | 172.04 | 229.07 |
| (2) Current Liabilities | ||
| (a) Financial Liabilities | ||
| (i) Borrowings | 228.89 | 561.86 |
| (ii) Lease Liabilities | 0.06 | 0.10 |
| (iii) Trade Payables | ||
| – Trade Payables (outstanding to micro and small enterprises) | 3.02 | 0.53 |
| – Trade Payables (outstanding to other than micro and small enterprises) | 76.17 | 111.63 |
| (iv) Other Financial Liabilities | 65.51 | 74.87 |
| (b) Provisions | 0.15 | 0.57 |
| (c) Current Tax Liabilities (Net) | 25.82 | 7.14 |
| (d) Other Current Liabilities | 110.10 | 45.78 |
| Total Current Liabilities | 509.72 | 802.48 |
| Total Liabilities | 681.76 | 1,031.55 |
| Total Equity and Liabilities | 4,757.04 | 4,716.14 |
| Particulars | 31-Mar-26 Audited | 31-Mar-25 Audited |
|---|---|---|
| A. CASH FLOW FROM OPERATING ACTIVITIES | ||
| Profit Before Tax | 557.63 | 858.47 |
| Adjusted for : | ||
| Depreciation and Amortisation Expense | 13.66 | 14.90 |
| Finance Cost | 40.92 | 20.91 |
| Interest Income | (63.49) | (23.14) |
| Irrecoverable Balances Written Off | 3.08 | 0.33 |
| Provisions / Liability no Longer Required Written Back | (6.44) | (2.58) |
| Provision / (Reversal) for Bad and Doubtful Debts | (0.11) | (0.36) |
| Net Gain on Investment measured at Fair value through Profit & Loss | 40.55 | (832.01) |
| Unrealised Forex Loss / (Gain) | 0.84 | (2.74) |
| Net Fair value Loss/ (Gain) on Forward Contracts | 2.85 | (0.32) |
| Deferred Revenue Income | (0.05) | (0.03) |
| Dividend Received | (48.54) | (45.63) |
| Net Gain realised on Sale of Investments | (316.55) | 184.21 |
| Net Gain on Termination of Lease | (0.35) | – |
| Loss/(Gain) on Sale of Property, Plant and Equipment & Capital work in Progress | (14.65) | (0.36) |
| Operating Profit Before Working Capital Changes | 209.35 | 171.65 |
| Adjusted for : | ||
| Decrease / (Increase) Trade Receivables | 1.48 | 242.18 |
| Decrease / (Increase) in Inventories | (40.95) | (248.38) |
| Decrease / (Increase) in Other Current Assets | (46.78) | (24.77) |
| Decrease / (Increase) in Other Current Financial Assets | 18.87 | 413.63 |
| Decrease / (Increase) in Other Non Current Assets | (0.50) | (3.07) |
| Decrease / (Increase) in Other Non Current Financial Assets | (4.87) | (0.00) |
| Increase/(Decrease) in Trade Payable | (26.52) | 30.85 |
| Increase/(Decrease) in Current Financial Liabilities | (10.31) | 2.37 |
| Increase/(Decrease) in Current Liabilities | 64.32 | 2.33 |
| Increase/(Decrease) in Provision | (0.91) | 0.38 |
| Cash Generated from Operations | (46.17) | 415.52 |
| Direct Tax Paid (Net of Refunds) | 163.18 | 587.17 |
| 165.97 | 55.51 | |
| NET CASH FROM OPERATING ACTIVITIES (A) | (2.79) | 531.66 |
| B. CASH FLOW FROM INVESTING ACTIVITIES | ||
| Expenditure on Property Plant and Equipments & Capital work in Progress | (3.56) | (5.74) |
| Proceeds from Sale of Property Plant and Equipments & Capital work in Progress | 23.88 | 0.64 |
| Purchase of Investment in Subsidiaries | (141.08) | (81.42) |
| Sale proceeds of Investment in Subsidiaries | 32.03 | – |
| Purchase of Current Investments | (2,106.91) | (4,528.42) |
| Sale proceeds from Current Investments | 2,430.27 | 4,264.72 |
| Purchase of Non Current Investment | (74.57) | (660.59) |
| Sale proceeds from Non-Current Investments | 353.22 | 301.14 |
| Advance Given for Purchase of Investments | (40.98) | – |
| Short Term Loan (Given) / Repayment (Net) | (110.02) | (389.22) |
| Long Term Loan (Given) / Repayment (Net) | 11.11 | (17.82) |
| Dividend Received | 48.54 | 45.63 |
| Interest Received | 32.52 | 21.22 |
| Net Investments in Bank Deposits | (7.64) | (6.24) |
| NET CASH USED IN INVESTING ACTIVITIES (B) | 446.81 | (1,056.10) |
| C. CASH FLOW FROM FINANCING ACTIVITIES | ||
| Interest Paid | (42.57) | (19.01) |
| Dividend Paid | (37.85) | (26.20) |
| Proceeds from short term Borrowings | (338.31) | 550.42 |
| Payment of Lease Obligations | (0.32) | (0.10) |
| NET CASH FROM FINANCING ACTIVITIES (C) | (419.05) | 505.11 |
| Net Increase/(Decrease) in Cash and Cash Equivalents (A+B+C) | 24.97 | (19.33) |
| Cash and Cash Equivalents at the beginning of the year | 16.36 | 35.69 |
| Cash and Cash Equivalents at the end of the year | 41.33 | 16.36 |
| Particulars | 31-Mar-26 | 31-Dec-25 | 31-Mar-25 | 31-Mar-26 (Year Ended) | 31-Mar-25 (Year Ended) |
|---|---|---|---|---|---|
| a) Ferro Alloys | 577.07 | 518.54 | 438.81 | 2,251.41 | 1,819.65 |
| b) Real Estate | – | – | – | – | – |
| c) Unallocated | – | – | – | – | – |
| Total | 577.07 | 518.54 | 438.81 | 2,251.41 | 1,819.65 |
| Less: Inter Segment Revenue | – | – | – | – | – |
| Net Sales / Income from Operations | 577.07 | 518.54 | 438.81 | 2,251.41 | 1,819.65 |
| Particulars | 31-Mar-26 | 31-Dec-25 | 31-Mar-25 | 31-Mar-26 (Year Ended) | 31-Mar-25 (Year Ended) |
|---|---|---|---|---|---|
| a) Ferro Alloys | 78.26 | 45.76 | 67.31 | 230.75 | 194.29 |
| b) Real Estate | – | – | – | – | – |
| Total | 78.26 | 45.76 | 67.31 | 230.75 | 194.29 |
| Add/Less: (i) Finance Cost | (13.31) | (3.40) | (7.76) | (40.92) | (20.91) |
| Add/Less: (ii) Other un-allocable expenditure (Net of un-allocable income) | (173.39) | 69.88 | (123.14) | 367.80 | 685.09 |
| Add/Less: (iii) Exceptional Items – Income/ (Expenses) | – | – | – | – | – |
| Profit / (Loss) before tax | (108.44) | 112.24 | (63.59) | 557.63 | 858.47 |
| Particulars | 31-Mar-26 | 31-Dec-25 | 31-Mar-25 | 31-Mar-26 (Year Ended) | 31-Mar-25 (Year Ended) |
|---|---|---|---|---|---|
| a) Ferro Alloys | 1,022. |