Maithan Alloys Profile
Key Indicators
- Authorised Capital ₹ 167.69 Cr
- Paid Up Capital ₹ 29.11 Cr
- Company Age 39 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,667.10 Cr
- Satisfied Charges ₹ 1,482.84 Cr
- Revenue Growth -0.13%
- Profit Growth -47.19%
- Ebitda -52.36%
- Net Worth 17.60%
- Total Assets 11.27%
About Maithan Alloys
Maithan Alloys Ltd. (MAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 September 1985 and has a history of 39 years and five months. Its registered office is in Kolkata, West Bengal, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 590078 and on the National Stock Exchange(NSE) under MAITHANALL.
The Corporate was formerly known as Maithan Steel And Casting Limited. The Company is engaged in the Environment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 167.69 Cr and a paid-up capital of Rs 29.11 Cr.
The company currently has active open charges totaling ₹1,667.10 Cr. The company has closed loans amounting to ₹1,482.84 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Maithan Alloys Ltd. India are Rajesh Shah as Company Secretary, Sudhanshu Agarwalla as Cfo, and Subodh Agarwalla as Ceo. Subhas Agarwalla, Sonal Choubey, Srinivas Peddi, and Five other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L27101WB1985PLC039503
- Company No.
039503
- Stock Symbol
BSE : 590078 NSE : MAITHANALL
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Sep 1985
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Kolkata
Industry
Environment
Metals and Minerals
What products or services does Maithan Alloys Ltd. offer?
Maithan Alloys Ltd. offers a wide range of products and services, including Silico Manganese.
Who are the key members and board of directors at Maithan Alloys?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subhas Agarwalla  | Managing Director | 15-Apr-1992 | Current |
| Rajesh Shah | Company Secretary | 01-Aug-2008 | Current |
| Sudhanshu Agarwalla | CFO | 10-Nov-2016 | Current |
| Subodh Agarwalla | CEO | 30-Mar-2017 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vivek Kaul | Director | 20-Aug-2019 | Current |
| Sonal Choubey | Additional Director | 19-Feb-2024 | Current |
| Srinivas Peddi | Director | 24-Jun-2021 | Current |
| Palghat Venkatramani | Director | 29-Jun-2012 | Current |
| Nand Agarwal | Director | 17-Aug-2001 | Current |
| Naresh Jain | Additional Director | 19-Feb-2024 | Current |
Financial Performance of Maithan Alloys.
Maithan Alloys Ltd., for the financial year ended 2023, experienced Minor drop in revenue, with a 0.13% decrease. The company also saw a substantial fall in profitability, with a 47.19% decrease in profit. The company's net worth Soared by an impressive increase of 17.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Maithan Alloys?
In 2023, Maithan Alloys had a promoter holding of 74.98% and a public holding of 25.02%. The company had 6 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Bengal Chamber Of Commerce And IndustrySubhas Agarwalla is a mutual person
Ambuja Neotia Healthcare Venture LimitedNaresh Jain is a mutual person
Impex Metal & Ferro Alloys LtdSubhas Agarwalla, Rajesh Shah and 3 more are mutual person
Captain Steel India LimitedPalghat Venkatramani is a mutual person
Ramagiri Renewable Energy LimitedRajesh Shah, Subodh Agarwalla and 2 more are mutual person
- Maithan Ferrous Private Limited
Subhas Agarwalla, Rajesh Shah and 3 more are mutual person
Charges (Loans)
Open Charges
₹1,667.10 Cr
Satisfied Charges
₹1,482.84 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 1111.40 Cr
- Axis Bank Limited : 555.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Feb 2009 | State Bank Of India | ₹555.70 Cr | Open |
| 02 Feb 2009 | State Bank Of India | ₹555.70 Cr | Open |
| 07 Sep 2007 | Axis Bank Limited | ₹555.70 Cr | Open |
| 04 Jul 2018 | Hdfc Bank Limited | ₹75.00 Cr | Satisfied |
| 21 Jun 2017 | Citi Bank N.A. | ₹75.56 Cr | Satisfied |
How Many Employees Work at Maithan Alloys?
Maithan Alloys has a workforce of 944 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Maithan Alloys, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maithan Alloys's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Maithan Alloys
Recent activity within the organization
- Director Appointment
Sonal Choubey was appointed as a Additional Director was appointed as a Additional Director on 19 Feb 2024 & has been associated with this company since 1 year 11 days .
- Director Appointment
Naresh Kumar Jain was appointed as a Additional Director was appointed as a Additional Director on 19 Feb 2024 & has been associated with this company since 1 year 11 days .
- Annual General Meeting
Maithan Alloys Ltd. last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.
- Balance Sheet
Maithan Alloys Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
- Charges
A charge registered on 25 Nov 2011 via Charge ID 10325779 with Others was fully satisfied on 21 Feb 2023.
- Charges
A charge registered on 04 Jul 2018 via Charge ID 100213055 with Hdfc Bank Limited was fully satisfied on 19 Jan 2023.
Recent News, Updates & Announcement
- Maithan Alloys: Weathering Market Volatility, Expanding in West Bengal and Dominating India's Steel Industry with 15-17% EBITDA Margins.
Maithan Alloys' net profit down by 8.8% in FY19, but manufacturing revenue up by 3%. CEO says we're doing well despite market volatility and aim to maintain 15-17% EBITDA margins. India now 2nd largest steel producer, boosting demand for ferro alloys. We're expanding in West Bengal and ready to grow faster than the industry." #MaithanAlloys #ProfitDownButStillWinning #IndiaSteelGang #FerroAlloysExpansion #ReadyToDominate.
Frequently asked questions
What is the Incorporation or founding date of Maithan Alloys Ltd.?
Maithan Alloys Ltd. was incorporated on 19 Sep 1985.
What is authorized share capital and paid-up capital of Maithan Alloys Ltd.?
The authorized share capital of Maithan Alloys Ltd. is ₹ 167.69 Cr and paid-up capital is ₹ 29.11 Cr.
Who are the current board members & directors of Maithan Alloys Ltd.?
Currently 11 directors are associated with Maithan Alloys Ltd..
- Subhas Chandra Agarwalla
- Rajesh K Shah
- Sudhanshu Agarwalla
- Subodh Agarwalla
- Sonal Choubey
- Srinivas Peddi
- Palghat Krishnan Venkatramani
- Nand Kishore Agarwal
- Vivek Kaul
- Subodh Agarwalla
- Naresh Kumar Jain
What is the registered address of Maithan Alloys Ltd.?
As per Ministry of Corporate Affairs (Mca), the registered address of Maithan Alloys Ltd. is 4Th Floor 9 A J C Bose Road, Kolkata, West Bengal, India, 700017.
What is the corporate identification number (CIN) and company number of Maithan Alloys Ltd.?
The corporate identification number (CIN) of Maithan Alloys Ltd. is L27101WB1985PLC039503 and the company number is 039503 as per Ministry of Corporate Affairs (MCA).
Is Maithan Alloys Ltd. registered with any stock exchange in India?
Yes, Maithan Alloys Ltd. is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MAITHANALL.
What is the official website of Maithan Alloys Ltd.?
The Official website of Maithan Alloys Ltd. is https://www.maithanalloys.com
What has been the recent revenue trend for Maithan Alloys Ltd.?
According to the financial reports for the fiscal year 2023, the revenue trend for Maithan Alloys Ltd. has fallen by -0.13%.
How many employees does Maithan Alloys Ltd. currently have?
As Per 2023 financial reports, 944 employees are currently employed by Maithan Alloys Ltd..
What change has been observed in the net worth of Maithan Alloys Ltd., and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Maithan Alloys Ltd. has experienced an upsurge of 17.60%.
What are the total open charges for Maithan Alloys Ltd.?
As per the financial statements for fiscal Year 2023, The total open charges for Maithan Alloys Ltd. amount to ₹ 1,667.10 Cr.
When was the last Balance Sheet of Maithan Alloys Ltd. filed with the ROC?
The most recent Balance Sheet for Maithan Alloys Ltd. was filed with the ROC on 31 Mar 2023.
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