Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Maithan Alloys's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Maithan Alloys's Dividend Payout Ratio or its related term are showing as below:
NSE:MAITHANALL'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.19
Current: 0.09
During the past 13 years, the highest Dividend Payout Ratio of Maithan Alloys was 0.19. The lowest was 0.02. And the median was 0.04.
NSE:MAITHANALL's Dividend Payout Ratio is ranked better than 89.59% of 269
companies
in the Steel industry
Industry Median: 0.39
vs NSE:MAITHANALL: 0.09
During the past 12 months, Maithan Alloys's average Dividends Per Share Growth Rate was 44.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 29.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Maithan Alloys was 58.70% per year. The lowest was -20.60% per year. And the median was 26.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Maithan Alloys (NSE:MAITHANALL) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Maithan Alloys Dividend Payout Ratio Related Terms
Maithan Alloys Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Maithan Alloys's Dividend Payout Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:MAITHANALL vs NUE, STLD, RS: Dividend Payout Ratio Comparison
For the Steel subindustry, Maithan Alloys's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Maithan Alloys Dividend Payout Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Maithan Alloys's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Maithan Alloys's Dividend Payout Ratio falls into.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Maithan Alloys's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Maithan Alloys (NSE:MAITHANALL) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Maithan Alloys and its competitors. Over the past decade, Maithan Alloys' Dividend Payout Ratio has ranged from 0.02 to 0.19. According to the industry distribution chart, Maithan Alloys ranks #28 out of 269 companies in the Steel industry, placing it in the top 10.4%.
Is Maithan Alloys' Dividend Payout Ratio too high?
Maithan Alloys' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.19. Based on the distribution chart, Maithan Alloys ranks #28 out of 269 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Maithan Alloys has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maithan Alloys' Dividend Payout Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Maithan Alloys ranks #28 out of 269 companies for Dividend Payout Ratio. This places Maithan Alloys in the top 10% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.39. Historically, Maithan Alloys' own Dividend Payout Ratio has ranged from 0.02 to 0.19 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Steel company?
The median Dividend Payout Ratio among Steel companies is 0.39, based on 269 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Maithan Alloys and its competitors. For the Steel industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maithan Alloys's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maithan Alloys stock overvalued right now?
Based on GuruFocus' analysis, Maithan Alloys (NSE:MAITHANALL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,150.35, compared to a current price of ₹1,007.10 — trading 12.5% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Maithan Alloys' overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Maithan Alloys (NSE:MAITHANALL), the current Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Maithan Alloys (NSE:MAITHANALL) Overvalued in 2026?
Based on GuruFocus' analysis, Maithan Alloys stock appears to be undervalued.
The current stock price of ₹1,007.10 is trading 12.5% below its estimated GF Value™ of ₹1,150.35.
GuruFocus considers Maithan Alloys to be Modestly Undervalued.
Key valuation signals for NSE:MAITHANALL:
Dividend Payout Ratio: 0.00
GF Value™: ₹1,150.35 vs. price of ₹1,007.10 (12.5% below fair value)
No single metric tells the full story. See the NSE:MAITHANALL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maithan Alloys Ltd is an India-based company engaged in the business of manufacturing and exporting all three bulk Ferroalloys- Ferro Manganese, Silico Manganese, and Ferro Silicon. It is also involved in the generation and supply of Wind Power and has a Captive Power Plant. Geographically the group has a business presence in India and Outside India, of which key revenue is derived from Outside India.
77GF Score
Get the complete analysis for NSE:MAITHANALL
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:MAITHANALL has been successfully added to your 
