Maithan Alloys Ltd

Q3 FY20Ferrous Metals

Maithan Alloys Q3 FY20 earnings call: Revenue & Margins

Q3 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 Q3 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

Q3 FY20 revenue was Rs. Quarterly Figures (Q3 FY20 vs Q3 FY19): - EBITDA: Rs.

From Maithan Alloys Ltd's Q3 FY20 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

Q3 FY20 revenue was Rs. 469 Cr compared to Rs. 477 Cr in Q3 FY19, showing a slight decline year-on-year.
Raw material cost was Rs. 286 Cr in Q3 FY20, up from Rs. 273 Cr in Q3 FY19.
Operating EBITDA declined to Rs. 54 Cr in Q3 FY20 from Rs. 68 Cr in Q3 FY19.
Production growth: Maithan Alloys’ production has grown at a CAGR of 16% since 2007 (Page 29).
No explicit forward-looking revenue or volume guidance was stated in the presentation.

2 more points management made on revenue & sales performance

Profitability & Margins

Quarterly Figures (Q3 FY20 vs Q3 FY19):
EBITDA: Rs. 54 Cr (Q3 FY20) vs Rs. 68 Cr (Q3 FY19) — a decrease.
Operating EBIT: Rs. 50 Cr (Q3 FY20) vs Rs. 64 Cr (Q3 FY19) — a decrease.
PAT: Rs. 64 Cr (Q3 FY20) vs Rs. 54 Cr (Q3 FY19) — an increase.
Year-on-Year Details:
Revenue dropped slightly from Rs. 477 Cr to Rs. 469 Cr.
Operating EBITDA margin is implicitly lower compared to previous year due to decline in EBITDA and stable revenue.
PAT improved despite lower operating profits.
Explicit Margin Outlook:
Long-term sustainable Manufacturing EBIT margin range stated as 14% (Page 11).

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 for an announced expansion project primarily focused on manganese-based ferro alloys.
The expansion will be funded mainly through internal accruals and reserves.
No specific capex amount, timeline, or plant location is explicitly mentioned in the presentation slides provided.

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

Page 12 shows the company’s total debt and current investments from FY16 to H1 FY20: total debt decreased from Rs. 139 Cr in Mar-16 to Rs. 4 Cr in Sept-19, while current investments increased from Rs. 88 Cr to Rs. 667 Cr.
Operating RoCE improved significantly, indicating efficient capital allocation and low debt levels.
Page 15 (Balance Sheet) reveals borrowings dropped to Rs. 4 Cr (non-current) and Rs. 0 Cr (current) as of Sept-19 from higher levels previously.
Page 16 (Cashflow Statement) indicates net decrease in cash and cash equivalents was Rs. 11.8 Cr as on Sept-19.

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 investor presentation does not explicitly mention or provide specific data on order book, order inflow, or pending orders. The report primarily focuses on: - Financial performance and growth metrics (revenue, EBITDA, PAT) - Capacity additions at strategic locations - Operational efficiency and returns (ROCE, ROE) - Investment realizations from Market Linked Debentures - Expansion plans and company values

2 more points management made on order book & pipeline

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 Q3 FY20 results?

Q3 FY20 revenue was Rs. Quarterly Figures (Q3 FY20 vs Q3 FY19): - EBITDA: 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 for an announced expansion project primarily focused on 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.