Results - Announcements
Maithan Alloys Ltd share price ticked higher by 1.83% to Rs 841.75 after the company's net profit witnessed a sharp fall of 78.84% to Rs 83.74 crore, while revenue from operations slightly gained 3.21% to Rs 556.83 crore in Q3FY26 over Q2FY26.
The market capitalization of Ferro & Silica Manganese industry group stocks on BSE stood at Rs 12153.27 crore, rising 3.21%. It has marginally improved by 5.17% over last one week and tumbled 18.95% in last one month while the market capitalization of Maithan Alloys Ltd has inched up 8.85% and 13.28% in the same period respectively.
Profit before tax (PBT) of Maithan Alloys Ltd stood at Rs 28.85 crore in Q3 FY26, plunging by 120.43% year-on-year, and nosediving by 94.20% quarter-on-quarter. EBITDA came in at Rs 127 crore, crashing by 31.78% YoY and tumbling by 138.79% sequentially.
Total expenses grew marginally by 4.70% to Rs 475.7 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 297.55 crore, posting a minor increase of 2.84% YoY, while employee benefits expense was at Rs 16.55 crore, dipping slightly 3.27% YoY.
For the TTM ended FY26, revenue from operations soared by 20.32% to Rs 2172.59 crore, while net profit tanked by 30.11% to Rs 440.94 crore, compared to previous TTM. EBITDA plunged by 54542% to Rs 152.73 crore, and PBT collapsed by 29.16% to Rs 603.9 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 9.86 crore in FY26, as against Rs 49.77 crore in FY25.
Maithan Alloys Ltd nosedived by 21.34% in last one year, underperforming the benchmark BSE Sensex which has softened by 4.80% during the same period.