Maithan Alloys' Q1 FY 2026-27 Quarterly Results

Result Summary

• Maithan Alloys Ltd reported a 139.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 25.3%.
• Its expenses for the quarter were down by 2.9% QoQ and 21.6% YoY.
• The net profit decreased 659.9% QoQ and decreased 26.4% YoY.
• The earnings per share (EPS) of Maithan Alloys Ltd stood at 135.01 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Maithan Alloys Ltd is a company engaged in the production of ferroalloys, which are essential in the manufacturing of steel. The company operates in the materials sector, specifically within the metals and mining industry. As a significant player in this industry, Maithan Alloys supplies various types of ferroalloys, including ferro manganese, silicon manganese, and ferro silicon, which are used to enhance the strength, durability, and other properties of steel. The company has established itself as a reliable supplier to steel manufacturers both domestically and internationally. As of the latest available data, there are no recent major developments available for Maithan Alloys Ltd.

Revenue

For the quarter ending in Q1FY27, Maithan Alloys Ltd reported a total income of ₹956.70 crores, showing a substantial quarter-over-quarter (QoQ) increase of 139.0% from ₹400.22 crores in Q4FY26. However, on a year-over-year (YoY) basis, there was a decrease of 25.3% compared to ₹1281.17 crores reported in Q1FY26. This fluctuation in revenue could be attributed to changes in market demand, pricing, or production volumes, although specific causes are not detailed in the available data. The company’s revenue performance in the quarter reflects significant volatility both on a quarterly and annual basis.

Profitability

The profitability of Maithan Alloys Ltd for Q1FY27 shows notable changes. The company achieved a profit before tax of ₹497.82 crores, a marked improvement from a loss of ₹72.32 crores in Q4FY26, representing a QoQ change of -788.4%. Compared to Q1FY26, where the profit before tax was ₹695.93 crores, there is a YoY decline of 28.5%. The tax expense for Q1FY27 was ₹102.10 crores, which contrasts significantly with the previous quarter's tax credit of ₹1.64 crores, resulting in a QoQ change of -6325.6%. On a YoY basis, the tax expense decreased by 35.4% from ₹158.03 crores in Q1FY26. The profit after tax for Q1FY27 stands at ₹395.72 crores, recovering from a loss of ₹70.68 crores in Q4FY26, with a QoQ increase of -659.9%. However, compared to Q1FY26, the profit after tax decreased by 26.4% from ₹537.90 crores.

Operating Metrics

Earnings Per Share (EPS) for Maithan Alloys Ltd in Q1FY27 was ₹135.01, a significant recovery from the negative value of ₹-24.21 reported in Q4FY26, resulting in a QoQ change of -657.7%. Year-over-year, the EPS decreased by 26.7% from ₹184.17 in Q1FY26. This indicates a considerable shift in the company's earnings capability over the specified periods. Total expenses for Q1FY27 were reported at ₹458.88 crores, reflecting a slight decrease of 2.9% compared to the previous quarter's expenses of ₹472.54 crores. On a YoY basis, expenses decreased by 21.6% from ₹585.24 crores in Q1FY26. These metrics provide insight into the company's operational efficiency and cost management strategies during the quarter.