Maithan Alloys Ltd Q1 FY20 Share Price & Earnings Call Analysis

Financials of Maithan Alloys Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Maithan Alloys Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +535404444448433375464531435632491490559
Expenses +445363411413427354415502359567459435453
Operating Profit90413235721492976653255106
OPM %17%10%7%8%2%6%11%6%18%10%7%11%19%
Other Income +4344607917456117997-116649-15376-159
Interest1000125681214414
Depreciation5555556666666
Profit before tax1268087108175576217114-54696-141122-72
Tax %22%25%28%21%19%21%34%21%7%23%-16%24%-2%
Net Profit +9860628514245614390-58538-11993-71
EPS in Rs33.7120.4721.2829.3148.81156.8249.4131.20-20.96184.17-41.5530.54-24.20

Financials of Maithan Alloys Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +1,1031,1461,3371,8731,9791,8161,6152,9892,8831,7261,8022,173
Expenses +9891,0151,0641,4891,6541,5811,3211,9132,2931,6111,6231,913
Operating Profit1141322733843252352941,075589116179259
OPM %10%11%20%21%16%13%18%36%20%7%10%12%
Other Income +148152666242772358721412
Interest22171288633532444
Depreciation272325151616161720212323
Profit before tax66962443763272792991,082637450852604
Tax %21%18%26%22%22%20%23%24%22%22%26%27%
Net Profit +5379180292255222230818499349631441
EPS in Rs18.0827.0961.72100.2487.6776.2779.29281.01171.43119.87216.47148.96
Dividend Payout %6%7%4%3%7%8%8%2%4%5%7%11%

Financials of Maithan Alloys Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital152929292929292929292929
Reserves3083645568391,0831,2631,4922,2942,7753,1133,7174,117
Borrowings +21413981457104952030588237
Other Liabilities +246266236303399213328422316296514510
Total Liabilities7837999021,2151,5191,5161,8982,7513,1403,4684,8494,894
Fixed Assets +280267242238229217203276267253312304
CWIP1000010025411
Investments36367034362867958248701,7883,0562,840
Other Assets +4664965906356621,2929001,6512,0001,3731,4791,747
Total Assets7837999021,2151,5191,5161,8982,7513,1403,4684,8494,894

Financials of Maithan Alloys Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +58136126284315-45117237968-40950-10
Cash from Investing Activity +-4-11-11-280-276696-761-105-962369-591481
Cash from Financing Activity +-65-101-74-49-54-4337-62-5-9522-434
Net Cash Flow-112441-44-15609-607701-49-1937
Free Cash Flow48125122273308-49116141962-46520-12
CFO/OP59%104%56%97%121%2%60%47%188%-290%59%66%

Financials of Maithan Alloys Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days686362474756998454822922
Inventory Days1099210993859515121481141393428
Days Payable778140558026806340354830
Cash Conversion Cycle9974130855212517023694188374420
Working Capital Days3239554437851121316320697452
ROCE %17%21%42%49%33%20%20%56%26%12%28%15%