---
title: "Maithan Alloys Ltd (MAITHANALL) — Share Price, Financials & Analysis"
symbol: "MAITHANALL"
company: "Maithan Alloys Ltd"
canonical: "https://tapetide.com/stocks/MAITHANALL"
isin: "INE683C01011"
nse_symbol: "MAITHANALL"
bse_code: "590078"
sector: "Metals & Mining"
industry: "Ferro & Silica Manganese"
market_cap_cr: 3025.13
generated_at: "2026-09-13T19:59:46.034Z"
---

# Maithan Alloys Ltd (MAITHANALL)

Canonical page: https://tapetide.com/stocks/MAITHANALL

## Company

- **NSE Symbol:** MAITHANALL
- **BSE Code:** 590078
- **ISIN:** INE683C01011
- **Sector:** Metals & Mining
- **Industry:** Ferro & Silica Manganese
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2011-07-05
- **CEO:** Mr. Subhas Chandra Agarwalla B.Com.
- **Employees:** 454
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** maithanalloys.com

## About

Maithan Alloys is engaged in the business of manufacturing and exporting of all three bulk Ferro alloys- Ferro Manganese, Silico Manganese and Ferro Silicon. It is also engaged in the generation and supply of Wind Power and has a Captive Power Plant.[1]

## Latest Price

- **Price:** ₹1045.85
- **Change:** -9.75 (-0.92%)
- **Open:** ₹1050
- **Day High:** ₹1058
- **Day Low:** ₹1026.55
- **Previous Close:** ₹1055.6
- **Volume:** 91972
- **As Of:** 2026-09-11T09:59:51+00:00

## Key Fundamentals

Observed at 2026-09-11T04:44:41.659178Z.

- **Market Cap:** ₹3025.13 Cr
- **Classification:** Microcap
- **P/E (reported):** 10.3
- **P/E (TTM):** 10.48
- **EPS (TTM):** ₹99.8
- **EPS (reported):** ₹119.87
- **Book Value:** ₹1424.16
- **Price to Book:** 0.74
- **Dividend Yield:** 1.61%
- **ROE:** 10.6%
- **ROCE:** 14.86%
- **Debt to Equity:** 0.06
- **Revenue (yearly):** ₹2584.6 Cr
- **Net Income:** ₹440.9 Cr
- **EBITDA:** ₹671.2 Cr
- **52-Week High:** ₹1210.1
- **52-Week Low:** ₹831.2
- **RSI (14):** 58.2

## Tapetide Score

- **Score:** 56 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Flat
- **Percentile:** 74.1 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 67.37 | 9% |
| growth | 28.69 | 9% |
| momentum | 58.38 | 12% |
| ownership | 39.64 | 24% |
| quality | 67.16 | 22% |
| valuation | 72.14 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.73 times its book value
- Debtor days have improved from 44.3 to 21.9 days.

### Weaknesses

- The company has delivered a poor sales growth of 6.09% over past five years.
- Company has a low return on equity of 10.2% over last 3 years.
- Earnings include an other income of Rs.180 Cr.
- Dividend payout has been low at 7.94% of profits over last 3 years

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -119.81% | 97.6% | -104.17% |
| ebitda margin growth | — | -26.89% | 14.81% | -28.61% |
| net income growth | 659.69% | -30.12% | -65% | -37% |
| revenue growth | 139.06% | 2.3% | -9% | 6% |
| roce | -961.85% | -31.96% | 5.99% | 23.83% |
| roe | -659.88% | -36.9% | 12.83% | -69.89% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 444 | 448 | 433 | 375 | 464 | 531 | 435 | 632 | 491 | 490 | 559 | 540 |
| Expenses | 411 | 413 | 427 | 354 | 415 | 502 | 359 | 567 | 459 | 435 | 453 | 449 |
| Operating Profit | 32 | 35 | 7 | 21 | 49 | 29 | 76 | 65 | 32 | 55 | 106 | 91 |
| OPM % | 7 | 8 | 1.5 | 6 | 11 | 6 | 18 | 10 | 7 | 11 | 19 | 17 |
| Other Income | 60 | 79 | 174 | 561 | 179 | 97 | -116 | 649 | -153 | 76 | -159 | 417 |
| Interest | 0 | 0 | 1 | 2 | 5 | 6 | 8 | 12 | 14 | 4 | 14 | 5 |
| Depreciation | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Profit before tax | 87 | 108 | 175 | 576 | 217 | 114 | -54 | 696 | -141 | 122 | -72 | 498 |
| Tax % | 28 | 21 | 19 | 21 | 34 | 21 | 7 | 23 | -16 | 24 | -2 | 21 |
| Net Profit | 62 | 85 | 142 | 456 | 143 | 90 | -58 | 538 | -119 | 93 | -71 | 396 |
| EPS in Rs | 21.28 | 29.31 | 48.81 | 156.82 | 49.41 | 31.2 | -20.96 | 184.17 | -41.55 | 30.54 | -24.2 | 135.01 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1873 | 1979 | 1816 | 1615 | 2989 | 2883 | 1726 | 1802 | 2171 | 2080 |
| Expenses | 1489 | 1654 | 1581 | 1321 | 1913 | 2293 | 1611 | 1623 | 1906 | 1795 |
| Operating Profit | 384 | 325 | 235 | 294 | 1075 | 589 | 116 | 179 | 264 | 285 |
| OPM % | 21 | 16 | 13 | 18 | 36 | 20 | 7 | 10 | 12 | 14 |
| Other Income | 15 | 26 | 66 | 24 | 27 | 72 | 358 | 721 | 409 | 180 |
| Interest | 8 | 8 | 6 | 3 | 3 | 5 | 3 | 24 | 46 | 36 |
| Depreciation | 15 | 16 | 16 | 16 | 17 | 20 | 21 | 23 | 23 | 23 |
| Profit before tax | 376 | 327 | 279 | 299 | 1082 | 637 | 450 | 852 | 604 | 406 |
| Tax % | 22 | 22 | 20 | 23 | 24 | 22 | 22 | 26 | 27 | — |
| Net Profit | 292 | 255 | 222 | 230 | 818 | 499 | 349 | 631 | 441 | 299 |
| EPS in Rs | 100.24 | 87.67 | 76.27 | 79.29 | 281.01 | 171.43 | 119.87 | 216.47 | 148.96 | 99.8 |
| Dividend Payout % | 3 | 7 | 8 | 8 | 2 | 4 | 5 | 7 | 11 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| Reserves | 556 | 839 | 1083 | 1263 | 1492 | 2294 | 2775 | 3113 | 3717 | 4117 |
| Borrowings | 81 | 45 | 7 | 10 | 49 | 5 | 20 | 30 | 588 | 237 |
| Other Liabilities | 236 | 303 | 399 | 213 | 328 | 422 | 316 | 296 | 514 | 510 |
| Total Liabilities | 902 | 1215 | 1519 | 1516 | 1898 | 2751 | 3140 | 3468 | 4849 | 4894 |
| Fixed Assets | 242 | 238 | 229 | 217 | 203 | 276 | 267 | 253 | 312 | 304 |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 | 2 | 54 | 1 | 1 |
| Investments | 70 | 343 | 628 | 6 | 795 | 824 | 870 | 1788 | 3056 | 2840 |
| Other Assets | 590 | 635 | 662 | 1292 | 900 | 1651 | 2000 | 1373 | 1479 | 1747 |
| Total Assets | 902 | 1215 | 1519 | 1516 | 1898 | 2751 | 3140 | 3468 | 4849 | 4894 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 126 | 284 | 315 | -45 | 117 | 237 | 968 | -411 | 50 | -10 |
| Cash from Investing Activity | -11 | -280 | -276 | 696 | -761 | -105 | -962 | 371 | -591 | 481 |
| Cash from Financing Activity | -74 | -49 | -54 | -43 | 37 | -62 | -5 | -9 | 522 | -434 |
| Net Cash Flow | 41 | -44 | -15 | 609 | -607 | 70 | 1 | -49 | -19 | 37 |
| Free Cash Flow | 122 | 273 | 308 | -49 | 116 | 141 | 962 | -467 | 20 | -12 |
| CFO/OP | 56 | 97 | 121 | 2 | 60 | 47 | 188 | -292 | 59 | 65 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 62 | 47 | 47 | 56 | 99 | 84 | 54 | 82 | 29 | 22 |
| Inventory Days | 109 | 93 | 85 | 95 | 151 | 214 | 81 | 141 | 393 | 428 |
| Days Payable | 40 | 55 | 80 | 26 | 80 | 63 | 40 | 35 | 48 | 30 |
| Cash Conversion Cycle | 130 | 85 | 52 | 125 | 170 | 236 | 94 | 188 | 374 | 420 |
| Working Capital Days | 55 | 44 | 37 | 85 | 112 | 131 | 63 | 206 | 97 | 174 |
| ROCE % | 42 | 49 | 33 | 20 | 20 | 56 | 26 | 12 | 28 | 8 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% |
| FIIs | 1.88% | 2.14% | 1.87% | 1.8% | 1.33% | 1.32% | 1.12% | 1.38% | 1.41% | 1.24% | 1.26% | 1.06% |
| DIIs | 0.02% | 0.03% | 0.15% | 0.41% | 0.45% | 0.31% | 0.2% | 0.17% | 0.07% | 0.06% | 0.01% | 0.02% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 16.8% | 16.44% | 17.71% | 17.27% | 17.92% | 18.11% | 18.25% | 18.35% | 18.36% | 18.55% | 18.31% | 18.76% |
| Others | 6.31% | 6.41% | 5.29% | 5.54% | 5.32% | 5.28% | 5.47% | 5.14% | 5.2% | 5.19% | 5.47% | 5.2% |
| No. of Shareholders | 32412 | 33210 | 36228 | 34600 | 38177 | 39418 | 41067 | 39501 | 39696 | 40319 | 40534 | 40301 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 6 / 1

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1044.12 | Buy |
| EMA (10) | 1046.2 | Sell |
| SMA (20) | 1015.9 | Buy |
| EMA (20) | 1027.1 | Buy |
| SMA (50) | 998.81 | Buy |
| EMA (50) | 1009.46 | Buy |
| SMA (100) | 1004.89 | Buy |
| EMA (100) | 1004.01 | Buy |
| SMA (200) | 992.51 | Buy |
| EMA (200) | 1004.74 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 55.85 | Neutral |
| MACD (12,26,9) | 20.97 | Buy |
| Stochastic (14,3,3) | 41.19 | Neutral |
| ADX (14) | 26.83 | Buy |
| Williams %R (14) | -64.72 | Neutral |
| ATR (14) | 39.25 | High Volatility |
| ROC (12) | 4.04 | Buy |
| Stoch RSI (14) | 37.1 | Neutral |
| UO (7,14,28) | 41.19 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - Compliance Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended on 31st March, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Compliance Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended on 31st March, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af9c78da-5cba-49be-bdb3-5e9a77a7479a.pdf) |
| 7 May - Maithan Alloys reports resignation of Vishakhapatnam unit plant head Sreejith Ariyanthari Thazhemadam, effective 6 May 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 7 May - Maithan Alloys reports resignation of Vishakhapatnam unit plant head Sreejith Ariyanthari Thazhemadam, effective 6 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ae163bf2-1b8b-4b9f-8b7c-da81a28dc1f3.pdf) |
| 6 May - Board meeting on 10 May 2026 to approve FY25 and Q4 FY26 results, with dividend consideration. | [Board Meeting Intimation for Consideration Of Financial Results For The Year Ending On 31St March, 2026 And Declaration/Recommendation Of Dividend. 6 May - Board meeting on 10 May 2026 to approve FY25 and Q4 FY26 results, with dividend consideration.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7239df90-506c-4bbb-ab47-57825251f555.pdf) |
| 30 Apr - Maithan Alloys confirms it is not a Large Corporate for FY2025-26 under SEBI circular. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Maithan Alloys confirms it is not a Large Corporate for FY2025-26 under SEBI circular.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e1fd6901-cc09-4e6d-b229-534457a660e0.pdf) |
| 30 Apr - Maithan Alloys confirms it is not a Large Corporate for FY2025-26 under SEBI circular. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Maithan Alloys confirms it is not a Large Corporate for FY2025-26 under SEBI circular.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e1fd6901-cc09-4e6d-b229-534457a660e0.pdf) |
| 30 Apr - Kalyaneshwari unit to resume full ferro alloys capacity from 1 May 2026 after reduced operations since 1 Aug 2024. | [Update On Ferro Alloys Production At Kalyaneshwari Unit Of The Company. 30 Apr - Kalyaneshwari unit to resume full ferro alloys capacity from 1 May 2026 after reduced operations since 1 Aug 2024.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0db21164-a4b2-448b-92f8-3ec690d45844.pdf) |
| 30 Apr - Kalyaneshwari unit to resume full ferro alloys capacity from 1 May 2026 after reduced operations since 1 Aug 2024. | [Update On Ferro Alloys Production At Kalyaneshwari Unit Of The Company. 30 Apr - Kalyaneshwari unit to resume full ferro alloys capacity from 1 May 2026 after reduced operations since 1 Aug 2024.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0db21164-a4b2-448b-92f8-3ec690d45844.pdf) |
| 3 Apr - Crisil downgraded long-term bank facilities of Rs600 crore to AA-/Stable; short-term A1+ reaffirmed on 31 March 2026. | [Announcement under Regulation 30 (LODR)-Credit Rating 3 Apr - Crisil downgraded long-term bank facilities of Rs600 crore to AA-/Stable; short-term A1+ reaffirmed on 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/11f8ca85-e101-48b6-8bda-7ea4f6a63ccc.pdf) |
| 2m - Acquisition of Equity Shares through Stock Exchange. | [Announcement under Regulation 30 (LODR)-Acquisition 2m - Acquisition of Equity Shares through Stock Exchange.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/2f9136c5-c12f-4d9e-8cb0-43bb219fc60d.pdf) |
| 22h - Income-tax demand notice Rs.28,802,270 for AY 2024-25; company to file Section 154 rectification. | [Disclosure Under Regulation 30 22h - Income-tax demand notice Rs.28,802,270 for AY 2024-25; company to file Section 154 rectification.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ed1ba196-21bf-4473-afbb-bb2f307d3f23.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d2aecf0-8d4e-43d4-92fc-70b6cf6c768d.pdf) |
| 2026-09-10 | [Intimation Of Decision Of The National Stock Exchange Of India Limited On The Application For Re-Classification](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6c17bfa3-812a-43eb-8912-7a4e25beb4e6.pdf) |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e394660c-b9d9-4429-a808-dd603037db18.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a545d032-354f-4da4-9fb0-5022e145a9b5.pdf) |
| 2026-09-05 | [41St Annual General Meeting Scheduled To Be Held On 28Th September 2026 At 11:30 A.M.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b13c08f-65ed-47b1-bb4c-87b1a9a25373.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=95e8dd4c-36a5-4871-b230-a5306b53a615.pdf) |
| 2026-09-05 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b333b00-e3a4-4ef9-abc2-94d802800e82.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0ce7f34-9c8f-4a03-93c7-df322e91738f.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e7b2c5e0-555f-497c-856f-b6a3fc443c26.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Financial Results For June-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a400af56-694c-41ff-a482-edd4b6d5d8da.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-16 | [Audited Standalone And Consolidated Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6290db5-98b3-43e2-864b-9656e0d86cd8.pdf) |
| 2026-01-30 | [Un-Audited Financial Results For Quarter And Nine Months Ended On 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9e8fe07-4fce-4b91-97f2-7534bd75f9d7.pdf) |
| 2025-11-13 | [Financial Results For Quarter And Half Year Ended On 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a22e26f4-efc8-4086-8784-ab9505e51302.pdf) |
| 2025-08-13 | [Financial Results For June-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59a36a68-a62a-4fb6-b980-6b9bdf6f323f.pdf) |
| 2025-05-28 | [Audited Financial Results For 31-March-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=da874ad2-d03b-46db-9651-6d504247e1cb.pdf) |
| 2025-02-11 | [Un-Audited Quarterly Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f5b50cbe-00bc-4b05-83c2-929481f585e0.pdf) |
| 2024-11-11 | [Un-Audited Financial Results For Quarter And Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04787ba0-8b9a-45a6-b528-cd06a8880635.pdf) |
| 2024-08-14 | [Financial Results For June-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb9be25e-2611-4bf7-a46a-3677f6a6c2a4.pdf) |
| 2024-05-29 | [Financial Results For Financial Year - March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4e8646e-2a22-47f0-9175-52b3c5cb0f54.pdf) |
| 2024-02-10 | [Un-Audited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4771ba9-d598-462a-a0fc-e8896550a6e9.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_MAITHANALL_2010_2011_05082011123501.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/816fde7f-4899-4e73-bd86-b69ab7c1ae46.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9d1d1626-5e30-407f-bb36-dcbec551df8b.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a149a8fb-d730-4dec-9c4e-fcf3cb0920c7.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/590078/76253590078.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/590078/71553590078.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/590078/65554590078.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/590078/5900780319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/590078/5900780318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/590078/5900780317.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab115be5-79d1-44fa-a063-0fa9522f90fa.pdf) |
| Sep 2019 | [Concall - Sep 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a7e9008-5ad9-4ea1-bec0-40c40718ce4f.pdf) |
| Sep 2019 | [Concall - Sep 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a7e9008-5ad9-4ea1-bec0-40c40718ce4f.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c683930-199e-4a1d-83af-df24d03e1d65.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c683930-199e-4a1d-83af-df24d03e1d65.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a7b38c3e-0e07-4922-a59c-374d9db92912.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7b38c3e-0e07-4922-a59c-374d9db92912.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=02661ee8-95ff-4873-a0c3-114bdd1b63b1.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/02661ee8-95ff-4873-a0c3-114bdd1b63b1.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2b59bdca-dae0-4add-bf37-b8c2d2da62ef.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2022-06-16 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c44de04e-d173-451d-ba26-2120f9016596.pdf) |
| 2021-09-02 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab115be5-79d1-44fa-a063-0fa9522f90fa.pdf) |
| 2021-05-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=784b6ed3-3d1a-4845-9373-6d4bec0a7644.pdf) |

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