Maithan Alloys Ltd

Q4 FY21Ferrous Metals

Maithan Alloys Q4 FY21 earnings call: Revenue & Margins

Q4 FY21 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 Q4 FY21 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

Revenue for Q4 FY21: Rs. Quarter (Q4 FY21) Performance: - EBITDA: Rs.

From Maithan Alloys Ltd's Q4 FY21 earnings-call transcript · updated 25 Sept 2026.

Revenue & Sales Performance

Revenue for Q4 FY21: Rs. 499 Crs
Revenue for Q4 FY20: Rs. 406 Crs
Year-on-Year Revenue Growth: Rs. 93 Crs increase (approx. 23% growth)

2 more points management made on revenue & sales performance

Profitability & Margins

Quarter (Q4 FY21) Performance:
EBITDA: Rs. 111 Cr (up from Rs. 54 Cr in Q4 FY20) — approx. +105.6% YoY
Operating Margin (Operating EBIT / Revenue):
Q4 FY21 Operating EBIT: Rs. 107 Cr on Revenue Rs. 499 Cr ≈ 21.4%
Q4 FY20 Operating EBIT: Rs. 50 Cr on Revenue Rs. 406 Cr ≈ 12.3%
Profit After Tax (PAT): Rs. 84 Cr (up from Rs. 64 Cr in Q4 FY20) — approx. +31.3% YoY
Margin Outlook:

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 the announced expansion project focused on manganese-based ferro alloys (Page 19).
The expansion will be primarily funded through internal accruals and reserves (Page 19).
No specific amount for the capex or timeline is detailed in the presentation.
The existing manufacturing facilities have significant capacity: Visakhapatnam SEZ (72.0 MVA), Kalyaneshwari (48.75 MVA), and Byrnihat (16.5 MVA) (Page 9).

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 per the Consolidated Balance Sheet (Page 22), long-term debt decreased from Rs. 60.0 Crs in H2FY17 to Rs. 3.5 Crs in H2FY21, indicating a reduction in long-term borrowings over the years.
Short-term debt was Rs. 45.1 Crs in H2FY21, significantly higher than Rs. 0.1 Crs in H1FY21, showing an increase in short-term borrowings recently.
The company had a net cash position with cash & cash equivalents amounting to Rs. 817.7 Crs in H2FY21 (Page 24).
Consolidated Cash Flow Statement (Page 23) shows net cash from financing activities was Rs. 37.1 Crs in Mar-21 compared to outflows of Rs. -42.5 Crs in Mar-20, indicating some fresh inflow or repayment of debt.

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 provide details on order book, order inflow, or pending orders. - No specific mention or data related to order book or pending orders is found in the presentation. - The focus is primarily on financial performance, operating income, profitability, cash flow, and expansion plans.

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 Q4 FY21 results?

Revenue for Q4 FY21: Rs. Quarter (Q4 FY21) Performance: - 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 the announced expansion project focused on manganese-based ferro alloys (Page 19).

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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.