Maithan Alloys Ltd - Stock Valuation and Financial Performance

BSE: 590078 | NSE: MAITHANALL | Ferro & Silica Manganese | Small Cap

Maithan Alloys Share Price

1,174.65 -36.20 -2.99%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Maithan Alloys

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Maithan Alloys stock performance -

mw4me loader
P/E Ratio (SA):
4.09
Market Cap:
3,419.6 Cr.
52-wk low:
956
52-wk high:
1,358

Is Maithan Alloys Ltd an attractive stock to invest in?

1. Is Maithan Alloys Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Maithan Alloys Ltd is a good quality company.

2. Is Maithan Alloys Ltd undervalued or overvalued?

The key valuation ratios of Maithan Alloys Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Maithan Alloys Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Maithan Alloys Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Maithan Alloys:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Maithan Alloys Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 20.5%25.1%43.4%48.2%32.7%23.4%21.2%55.1%22.4%15.5%-
Value Creation
Index
0.50.82.12.41.30.70.52.90.60.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 8851,1511,3421,8791,9881,8311,6203,0582,9081,7231,722
Sales YoY Gr.-30.1%16.6%40%5.8%-7.9%-11.5%88.8%-4.9%-40.7%-
Adj EPS 17.727.263.4100.686.46576.8274.8146.596.5287.2
YoY Gr.-53.8%133.5%58.6%-14%-24.9%18.2%257.8%-46.7%-34.1%-
BVPS (₹) 115135.6203.5300.6384.7446.4525.9797.7938.11,054.71,258.7
Adj Net
Profit
51.479.1185293252189224800427281836
Cash Flow from Ops. 8.4136123284315-45.4116128958-392-
Debt/CF from Ops. 310.70.20-0.20.400-0-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.7%-2.8%2.1%-40.7%
Adj EPS 20.8%2.2%7.9%-34.1%
BVPS27.9%22.4%26.1%12.4%
Share Price 29.4% 20.8% 6.3% 2.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
16.521.737.439.925.215.615.841.516.99.724.8
Op. Profit
Mgn %
811.420.820.416.312.818.534.617.36.46.6
Net Profit
Mgn %
5.86.913.815.612.710.313.826.214.716.348.6
Debt to
Equity
0.10.40.10.10000000
Working Cap
Days
126119125106109126172149156226318
Cash Conv.
Cycle
72606259497011696105126275

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 24.80%

Sales growth has been subdued in last 3 years 2.08%

Net Profit has been subdued in last 3 years 7.93%

Sales growth is not so good in last 4 quarters at -13.61%

Latest Financials - Maithan Alloys Ltd.

Standalone Consolidated
TTM EPS (₹) 287.2 284.4
TTM Sales (₹ Cr.) 1,722 1,721
BVPS (₹.) 1,258.7 1,279.5
Reserves (₹ Cr.) 3,653 3,696
P/BV 0.93 0.92
PE 4.09 4.13
From the Market
52 Week Low / High (₹) 956.00 / 1358.00
All Time Low / High (₹) 16.92 / 1594.40
Market Cap (₹ Cr.) 3,420
Equity (₹ Cr.) 29.1
Face Value (₹) 10
Industry PE 7.6

Management X-Ray of Maithan Alloys:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Maithan Alloys

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales8851,1511,3421,8791,9881,8311,6203,0582,9081,723
Operating Expenses 8141,0191,0631,4971,6631,5961,3222,0042,4041,613
Manufacturing Costs166322273361391398363395475533
Material Costs6006136641,0041,1451,0678411,2581,600905
Employee Cost 10161926272726323529
Other Costs 386910610610010492318294146
Operating Profit 711322793823252352981,054503110
Operating Profit Margin (%) 8.0%11.4%20.8%20.3%16.3%12.8%18.4%34.5%17.3%6.4%
Other Income 3481726662435181357
Interest 617128863353
Depreciation 3232515161616151515
Exceptional Items 00000000-1020
Profit Before Tax 64962503763272793021,070563449
Tax 1317648472576926213798
Profit After Tax 5279186292255222233808427351
PAT Margin (%) 5.8%6.9%13.8%15.5%12.8%12.1%14.4%26.4%14.7%20.4%
Adjusted EPS (₹)17.727.263.8100.287.776.280.1277.5146.5120.6
Dividend Payout Ratio (%)11%7%4%3%7%8%8%2%4%5%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 3353955928751,1201,2991,5312,3222,7313,070
Share Capital 15292929292929292929
Reserves 3203665638461,0911,2701,5022,2932,7023,041
Minority Interest0000000000
Debt2599372977452814
Long Term Debt082204400000
Short Term Debt2517172537452814
Trade Payables86133811472467518317814284
Others Liabilities 105170223171152141146220147190
Total Liabilities 5517979341,2221,5261,5221,9052,7223,0283,358

Fixed Assets

Gross Block131413263274275276277249255263
Accumulated Depreciation75153254056698490104119
Net Fixed Assets55260238233219207193160151145
CWIP 1000010021
Investments 1254784363649268158499381,869
Inventories118151187248261277349608272340
Trade Receivables188199225244257281436762423388
Cash Equivalents 175490514363625941,07767
Others Assets478711183969487249165550
Total Assets 5517979341,2221,5261,5221,9052,7223,0283,358

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 8136123284315-45116128958-392
PBT 64962503763272793021,070563449
Adjustment 531314-4-36-9-4-42-316
Changes in Working Capital -5010-132-769-237-118-668574-451
Tax Paid -10-1-26-88-77-51-59-270-137-74
Cash Flow From Investing Activity 4-11-8-280-270697-7600-956369
Capex -2-12-1-11-2-5-114-7-7
Net Investments 4-3-126-285-285682-769-12-950333
Others 231191617199-2042
Cash Flow From Financing Activity -21-101-74-55-54-4337-62-13-14
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -3-13-10-4-6-4-1-1-2-2
Dividend Paid -3-140-9-11-420-17-17-17
Others -14-74-64-42-38338-4375
Net Cash Flow -82541-50-9609-60766-11-37
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)16.4921.6737.6239.7625.5918.3416.4741.9216.8812.1
ROCE (%)20.4525.1343.4448.1732.7423.4321.2155.0522.4315.52
Asset Turnover Ratio1.771.791.621.751.451.20.951.321.010.54
PAT to CFO Conversion(x)0.151.720.660.971.24-0.20.50.162.24-1.12
Working Capital Days
Receivable Days57585545465481727486
Inventory Days51414442475470575565
Payable Days49655942635556523746

Maithan Alloys Ltd Stock News

Maithan Alloys Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Maithan Alloys on 20-Dec-2024 16:59 is ₹1,174.7.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Maithan Alloys stood at ₹3,419.6.
The latest P/E ratio of Maithan Alloys as of 20-Dec-2024 16:59 is 4.09.
The latest P/B ratio of Maithan Alloys as of 20-Dec-2024 16:59 is 0.93.
The 52-week high of Maithan Alloys is ₹1,358 and the 52-week low is ₹956.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Maithan Alloys is ₹1,722 ( Cr.) .

About Maithan Alloys Ltd

Maithan Alloys was established in 1997 with the objective of meeting the varied needs of Ferro-alloy users. The Maithan Alloy's product-quality is definitely superior and this fact is proven time and again by the overwhelming loyalty of the clients. The company has earned accolades for itself and enjoys an enormous trust from the clients. The company is based in Kolkata, India. Maithan Alloys specialises in ferro alloy and silicons. The company provides coal-based power projects.

Business areas of the company:

Maithan Alloys engages in the manufacture and trading of ferro alloys in India and internationally. It also involves in the generation and supply of wind power.

Group companies:

1. Maithan Ceramic limited

2. Maithan Steel & Power Limited

3. Maithan Alloys Limited

4. Maithan Smelters Limited

5. Anjaney Ferro Alloys limited.

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