The Board of Directors of the Company at its meeting held today, i.e. 4th August, 2026, have, inter- alia, considered and approved the revised Standalone Financial Results and the revised ....
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 04 Aug 2026, 07:56 PM IST · BSE ID: d6edc78f-e673-4f3c-9731-56e59c2ecd17
View Original BSE Filing (PDF)
💡
In Simple Terms
Maithan Alloys updated its standalone profit figures for the last financial year due to a merger with its subsidiary.
🤖 AI Summary
- Maithan Alloys revised Q4 FY26 Standalone Profit Before Tax to Rs. (95.03) Crore from Rs. (108.44) Crore.
- Standalone Profit After Tax for Q4 FY26 revised to Rs. (74.65) Crore from Rs. (88.00) Crore.
- Revised Standalone Profit Before Tax for FY26 is Rs. 564.23 Crore, up from Rs. 557.63 Crore.
- Revised Standalone Profit After Tax for FY26 is Rs. 434.77 Crore, up from Rs. 428.40 Crore.
- Merger scheme with wholly-owned subsidiary Impex Metal & Ferro Alloys Limited became effective June 30, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revised Standalone Profit/(Loss) Before Tax (Q4 FY26)
Rs. (95.03) Crore
Previous Standalone Profit/(Loss) Before Tax (Q4 FY26)
Rs. (108.44) Crore
Revised Standalone Profit/(Loss) After Tax (Q4 FY26)
Rs. (74.65) Crore
Previous Standalone Profit/(Loss) After Tax (Q4 FY26)
Rs. (88.00) Crore
Revised Standalone Profit Before Tax (FY26)
Rs. 564.23 Crore
Previous Standalone Profit Before Tax (FY26)
Rs. 557.63 Crore
Revised Standalone Profit After Tax (FY26)
Rs. 434.77 Crore
Previous Standalone Profit After Tax (FY26)
Rs. 428.40 Crore
Final Dividend per Equity Share (FY26)
Rs. 6/-
🏢 How This Affects the Company
The revision reflects a Rs. 13.41 Crore reduction in standalone Q4 FY26 loss before tax and a Rs. 6.60 Crore increase in standalone FY26 profit before tax due to the merger impact. Standalone Q4 FY26 loss after tax decreased by Rs. 13.35 Crore.
The merger of a wholly-owned subsidiary, Impex Metal & Ferro Alloys Limited, with the company implies a streamlined corporate structure.
The completion of the merger scheme resolves previous uncertainty related to the pending application before the NCLT.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take any immediate action based on this filing, other than noting the revised financial figures.
👤
Who Is Affected
Shareholders reviewing the company's standalone financial performance will see revised figures for Q4 and FY26, with Standalone Profit Before Tax for FY26 now Rs. 564.23 Crore. The previously recommended final dividend of Rs. 6/- per Equity Share remains unchanged.
🔍
Management Signal
The Board's approval of revised financial results post-merger completion indicates a focus on accurate financial reporting following structural changes.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Intimation of the record date for the final dividend by the Board of Directors.
Shareholder approval of the Rs. 6/- per equity share final dividend at the AGM.
Subsequent quarterly financial results for Q1 FY27 to observe post-merger performance.
LOW RISK
The filing resolves a pending corporate action and revises financial data, reducing uncertainty.
💡 Investor Takeaway
Maithan Alloys' Q4 FY26 Standalone Profit Before Tax was revised to Rs. (95.03) Crore and FY26 Standalone Profit Before Tax to Rs. 564.23 Crore following the merger with Impex Metal & Ferro Alloys Limited, effective June 30, 2026. Consolidated results remain unchanged.
⚖️ Strengths & Concerns
✅ Positives
- Standalone Profit Before Tax for FY26 increased by Rs. 6.60 Crore, from Rs. 557.63 Crore to Rs. 564.23 Crore, post-merger accounting.
- Standalone Profit After Tax for FY26 increased by Rs. 6.37 Crore, from Rs. 428.40 Crore to Rs. 434.77 Crore, due to the revised financials.
⚠️ Concerns
- Standalone Profit Before Tax for Q4 FY26 remains a loss of Rs. (95.03) Crore, despite the revision from Rs. (108.44) Crore.
- Standalone Profit After Tax for Q4 FY26 remains a loss of Rs. (74.65) Crore, revised from a larger loss of Rs. (88.00) Crore.
❓ Frequently Asked Questions
What were Maithan Alloys' revised Standalone Profit Before Tax for Q4 FY26?
Maithan Alloys' revised Standalone Profit Before Tax for the quarter ended March 31, 2026, is Rs. (95.03) Crore.
How did Maithan Alloys' Standalone Profit After Tax for FY26 change?
The Standalone Profit After Tax for the financial year ended March 31, 2026, was revised from Rs. 428.40 Crore to Rs. 434.77 Crore.
When did the merger scheme involving Impex Metal & Ferro Alloys Limited become effective?
The scheme of merger by absorption between Impex Metal & Ferro Alloys Limited and Maithan Alloys Limited became effective and binding on June 30, 2026.
Did the final dividend declared by Maithan Alloys change?
No, the final dividend of Rs. 6/- (Rupees Six Only) per Equity Share for the financial year 2025-2026, as recommended on May 16, 2026, remains unchanged.
Questions based on this BSE filing only. For information purposes.