Maithan Alloys Ltd.

Manufacturer of ferroalloys with multiple locations, trading metal & mineral products and operating wind power.

1985 | Kolkata, West Bengal (India) | Active
Last Updated: June 26, 2024

Maithan Alloys Profile

Key Indicators

  • Authorised Capital ₹ 167.69 Cr
  • Paid Up Capital ₹ 29.11 Cr
  • Company Age 39 Year, 4 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 four 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
  • 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)

NameDesignationAppointment DateStatus
Subhas Agarwalla Country flag representing In Managing Director15-Apr-1992Current
Rajesh Shah Country flag representing In Company Secretary01-Aug-2008Current
Sudhanshu Agarwalla Country flag representing In CFO10-Nov-2016Current
Subodh Agarwalla Country flag representing In CEO30-Mar-2017Current

Board Members (6)

NameDesignationAppointment DateStatus
Vivek Kaul Country flag representing In Director 20-Aug-2019Current
Sonal Choubey Country flag representing In Additional Director 19-Feb-2024Current
Srinivas Peddi Country flag representing In Director 24-Jun-2021Current
Palghat Venkatramani Country flag representing In Director 29-Jun-2012Current
Nand Agarwal Country flag representing In Director 17-Aug-2001Current
Naresh Jain Country flag representing In Additional Director 19-Feb-2024Current

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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-0.13%
Revenue from Operations
-4.91%
Total Assets
11.27%
Profit or Loss
-47.19%
Net Worth
17.60%
EBITDA
-52.36%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
02 Feb 2009State Bank Of India₹555.70 CrOpen
02 Feb 2009State Bank Of India₹555.70 CrOpen
07 Sep 2007Axis Bank Limited₹555.70 CrOpen
04 Jul 2018Hdfc Bank Limited₹75.00 CrSatisfied
21 Jun 2017Citi Bank N.A.₹75.56 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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 11 months 12 days .

    19 Feb 2024

  • 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 11 months 12 days .

    19 Feb 2024

  • Annual General Meeting

    Maithan Alloys Ltd. last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Maithan Alloys Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge registered on 25 Nov 2011 via Charge ID 10325779 with Others was fully satisfied on 21 Feb 2023.

    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.

    19 Jan 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Maithan Alloys Ltd. was incorporated on 19 Sep 1985.

  • The authorized share capital of Maithan Alloys Ltd. is ₹ 167.69 Cr and paid-up capital is ₹ 29.11 Cr.

  • 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
  • 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.

  • The corporate identification number (CIN) of Maithan Alloys Ltd. is L27101WB1985PLC039503 and the company number is 039503 as per Ministry of Corporate Affairs (MCA).

  • Yes, Maithan Alloys Ltd. is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MAITHANALL.

  • The Official website of Maithan Alloys Ltd. is https://www.maithanalloys.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maithan Alloys Ltd. has fallen by -0.13%.

  • As Per 2023 financial reports, 944 employees are currently employed by Maithan Alloys Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maithan Alloys Ltd. has experienced an upsurge of 17.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maithan Alloys Ltd. amount to ₹ 1,667.10 Cr.

  • The most recent Balance Sheet for Maithan Alloys Ltd. was filed with the ROC on 31 Mar 2023.

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