Maithan Alloys
Stock Snapshot
Price Performance
Vista Outlook
View Technicals Analysis →Basis of our Recommendation
Maithan Alloys' management has indicated a stable revenue outlook, consistent with historical performance, despite facing margin pressures. The iron and steel industry is currently experiencing an expansion phase, driven by improving pricing power and rising demand for hot-rolled coil (HRC) products. This backdrop supports Vista's forecast of stable revenue growth, although margins are expected to remain under pressure due to fluctuating raw material costs and geopolitical factors. The company's conservatively financed balance sheet, with a low debt-to-equity ratio, enhances its financial stability, allowing for strategic capital allocation in a competitive landscape. Additionally, the anticipated recovery in HRC prices and government initiatives aimed at promoting sustainable practices are expected to bolster long-term growth prospects. However, potential challenges such as input cost volatility and geopolitical tensions warrant close monitoring. Overall, Vista's valuation remains attractive, with a strong buy recommendation reflecting an expected upside of approximately 28.8% over the next 12 months. The combination of stable revenue growth, a solid balance sheet, and favorable industry dynamics positions Maithan Alloys well for the future, although vigilance regarding margin pressures and external risks is essential
Why We Like This Stock
Things To Watch Out For
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 1,726 | 1,802 | 2,173 | 2,080 | 2,251 |
| Profit Before Tax (Cr.) | 348 | 1,026 | 604 | 189 | 310 |
| PBT Margin | 20.2% | 56.9% | 2779.6% | 9.1% | 13.8% |
| Net Profit (Cr.) | 297 | 928 | 403 | 126 | 203 |
| Earnings Per Share | 101.9 | 318.4 | 136.1 | 42.6 | 69.8 |
Analyst Recommendations
No analyst recommendations available.
Company Overview
Show Company Profile
Maithan Alloys Limited manufactures and exports ferro alloys. The company provides ferro manganese, silico manganese, and ferro silicon products. It is also involved in the generation and supply of wind power. In addition, the company offers manufacturing and trading of metals and/or minerals and real estate businesses; processing of powder and lump; generation of electricity; manufacturing of specialized parts for railways, tramways, locomotives or of rolling stock and to manufacture and deals in goods and products used in defence sector & real estate business; and real estate development, construction, leasing, trading, and property management services. Maithan Alloys Limited serves steel companies in India and internationally. The company was incorporated in 1985 and is based in Kolkata, India.