Maithan Alloys Ltd

Q2 FY20Ferrous Metals

Maithan Alloys Q2 FY20 earnings call: Revenue & Margins

Q2 FY20 investor presentation: what the company reported on revenue, margins and projects.

Price₹977

Market cap₹2.9K Cr

P/E10.1

Updated25 Sept 2026

Read4 min read

Based on Maithan Alloys Ltd's Q2 FY20 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

For Q2 FY20, revenue was Rs. Q2 FY20 Financials (Consolidated, Rs.

From Maithan Alloys Ltd's Q2 FY20 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

For Q2 FY20, revenue was Rs. 470 Cr compared to Rs. 507 Cr in Q2 FY19, indicating a year-on-year decline of approximately 7.3% (Page 13).
Manufacturing revenue and trading revenue for various quarters are shown but not explicitly summed or YoY compared on Page 10; for Q2 FY20 manufacturing revenue stood around Rs. 422 Cr and trading revenue Rs. 48 Cr approximately.
Maithan Alloys' production has grown at a CAGR of 16% since 2007 (Page 29).

2 more points management made on revenue & sales performance

Profitability & Margins

Q2 FY20 Financials (Consolidated, Rs. Crs):
EBITDA: 53 (down from 83 in Q2 FY19)
Operating EBIT: 49 (down from 79 in Q2 FY19)
PAT: 42 (down from 66 in Q2 FY19)
Year-on-Year Change:
EBITDA decreased by approx. 36% (53 vs 83)
PAT decreased by approx. 36% (42 vs 66)
Margin Outlook (Page 11):
Long-term sustainable Manufacturing EBIT margin range: 14% - 16%
Additional Highlights:

2 more points management made on profitability & margins

See what Maithan Alloys Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The Company proposes to incorporate a wholly owned subsidiary to undertake the announced expansion project, primarily for manganese-based ferro alloys.
Expansion to be funded mainly through internal accruals and reserves. (Page 12)
Capacity addition highlighted with increases at strategic locations: Visakhapatnam, Kalyaneshwari, Byrnihat (in MVA), though specific timelines for new projects are not detailed. (Page 22)
Total capacity increased steadily from 2006 to 2019 to support profitable growth. (Page 22)

2 more points management made on capital expenditure plans

Top-ranked in Ferrous Metals

Ranked on what management guided this quarter

5x potential

1Shri Hare-Krish.₹66 Cr

Rev 1Mar 1

2Indian Metals₹6.6K Cr

Rev 2Mar 3

3₹5.9K Cr

Rev 2Mar 3

4₹76.4K Cr

Rev 3Mar 1

5₹8.0K Cr

Rev 3Mar 2

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

As of September 2019, Maithan Alloys Limited has a very low borrowing profile:
Long Term Debt: Rs. 3.5 Crs
Short Term Debt: Rs. 0.2 Crs
The company holds a strong net cash position of Rs. 630 Crs as of September 2019.
Consolidated Balance Sheet (Sept-19 vs. Mar-19) shows a reduction in current borrowings from Rs. 3 Crs to nil.
Cash and cash equivalents increased from Rs. 17 Crs (Mar-19) to Rs. 28 Crs (Sept-19).
Market Linked Debentures investment noted; some matured and were realized (e.g., CITICORP debenture matured Oct 2019).

2 more points management made on fundraising & capital structure

See what Maithan Alloys Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided investor presentation does not explicitly mention or report on any specifics regarding order book, order inflow, or pending orders. The key points related to operations, financials, and capacity are covered, but: - There is no direct reference to the size or value of the order book. - No data or commentary on order inflow or new orders received during the period is provided. - Pending orders or backlog information is not mentioned anywhere in the presentation. Hence, based solely on the content in this presentation, no details about order book, order inflow, or pending orders are reported.

Maithan Alloys Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹559 Cr, net loss ₹71 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Maithan Alloys Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Maithan Alloys Ltd Q2 FY20 results?

For Q2 FY20, revenue was Rs. Q2 FY20 Financials (Consolidated, Rs.

What is Maithan Alloys Ltd share price analysis?

Maithan Alloys Ltd currently shows a neutral. The stock trades at a P/E of 10.1 with a market cap of ₹2,938 Cr. Investors should review the full earnings analysis for detailed insights.

Is Maithan Alloys Ltd planning capital expenditure?

The Company proposes to incorporate a wholly owned subsidiary to undertake the announced expansion project, primarily for manganese-based ferro alloys.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.