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Maithan Alloys Limited (MAITHANALL) Fair Value & Analysis

Basic Materials · IN · Market cap ₹29.6B

MA Maithan Alloys Limited MAITHANALL · NSE
Price₹1,015
Fair Value₹1,169
Upside+15.2%
Quality52/100
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Evidence: High Range ₹839.59 – ₹1,520

Fair value as of: Jul 3, 2026

From 17 valuation models · updated today

Share price −5.4% over the past month.

Price vs Fair Value (12 months)

₹1,197 ₹825.27 Fair Value ₹1,169 Jul 2025 Jul 2026

12‑month range ₹825.27 – ₹1,197 · fair‑value band ₹839.59 – ₹1,520 · the ₹1,015 price screens below the ₹1,169 fair value. As of Jul 3, 2026.

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Analysis

Maithan Alloys Limited (MAITHANALL) currently trades at ₹1,015, while our model-based Fair Value estimate is ₹1,169 — implying the stock looks roughly 15.2% undervalued today. We read business quality at 52/100 (solid quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Maithan Alloys Limited generated revenue of ₹20.5B at a net margin of 21.6%. Revenue declined 7.7% year over year. It earns a return on equity of 18.3%. Net debt stands at ₹1.3B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹20.5B
Revenue growth (YoY) -7.7%
Net margin 21.6%
Return on equity 18.3%
Free cash flow −₹161M FY2026
P/E ratio 6.8
More key figures
Operating margin 10.1%
EPS (TTM) ₹148.94
Dividend yield 0.6%
EPS growth (YoY) -2.1%
Net debt ₹1.3B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

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.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Maithan Alloys Limited reported revenue of ₹21.7B in FY2026 versus ₹29.2B in FY2022, a compound −7.1%/yr. Reported net income was ₹4.3B in FY2026, compounding −14.7%/yr from FY2022.

Revenue −7.1%/yr
FY22 ₹29.2B
FY23 ₹28.8B
FY24 ₹17.3B
FY25 ₹18.1B
FY26 ₹21.7B
Net income −14.7%/yr
FY22 ₹8.2B
FY23 ₹5.0B
FY24 ₹3.5B
FY25 ₹6.3B
FY26 ₹4.3B

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Similar stocks

6 more Steel stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $0.2140 $0.2500 +17%
Nucor Corporation NUE $239.63 $116.05 -52%
ArcelorMittal S.A ARMT34 R$163.20 R$15.38 -91%
JSW Steel Limited JSWSTEEL ₹1,284 ₹901.55 -30%
Baoshan Iron & Steel Co 600019 ¥5.74 ¥7.78 +36%
China Steel Corporation 2002A 38.25 TWD 9.37 TWD -76%

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Frequently asked questions

Is Maithan Alloys Limited (MAITHANALL) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹1,169 versus a price of ₹1,015 — about +15% (undervalued). Model-based estimate, not financial advice.
What is the fair value of MAITHANALL?
Our model-based fair value for Maithan Alloys Limited is ₹1,169 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹1,015.
What is the quality score of MAITHANALL?
Maithan Alloys Limited has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Maithan Alloys Limited (MAITHANALL)?
Maithan Alloys Limited reported trailing-twelve-month revenue of about ₹20.5B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of MAITHANALL?
The net profit margin of Maithan Alloys Limited is about 21.6%, meaning it keeps roughly 21.6% of revenue as net income. Based on the latest reported figures.
Does Maithan Alloys Limited pay a dividend?
Maithan Alloys Limited currently shows a dividend yield of about 0.59% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.