| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 112 | 192 | 354 | 452 | 657 | 528 | 405 | 578 | 819 | 961 | 816 | 838 |
| Expenses | 107 | 185 | 341 | 434 | 634 | 512 | 378 | 539 | 743 | 908 | 785 | 805 |
| EBITDA | 5 | 6 | 13 | 17 | 23 | 16 | 27 | 38 | 76 | 52 | 30 | 34 |
| Operating Profit % | 3 % | 3 % | 2 % | 3 % | 3 % | 2 % | 6 % | 6 % | 9 % | 5 % | 3 % | 3 % |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 3 | 3 | 4 | 5 | 5 | 6 | 7 |
| Interest | 3 | 4 | 6 | 6 | 6 | 5 | 4 | 5 | 5 | 4 | 3 | 5 |
| Profit Before Tax | 0 | 1 | 5 | 10 | 14 | 9 | 20 | 30 | 67 | 44 | 22 | 22 |
| Tax | 0 | 0 | 2 | 3 | 5 | 2 | 5 | 8 | 17 | 11 | 6 | 5 |
| Net Profit | 0 | 1 | 3 | 6 | 9 | 8 | 15 | 22 | 50 | 33 | 16 | 15 |
| EPS in ₹ | 0.83 | 1.79 | 9.66 | 9.49 | 13.56 | 11.17 | 21.88 | 16.26 | 9.24 | 6.06 | 2.87 | 2.90 |
Maan Aluminium
Maan Aluminium
141.60
+7.87
(5.88%)
Q1 Quarterly Results are out. Check out the updated financials2 days ago
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Key Fundamentals
Market Cap
723.30 Cr
EPS
2.87
PE Ratio
49.86
Dividend Yield
0.00 %
Industry
Metals & Mining 52 Week High
154.88
52 Week Low
75.51
PB Ratio
4.12
Debt to Equity
0.36
Sector
Aluminium Actual
Company News
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Maan Aluminium Reports Mixed Q2FY26 Results with 7% Revenue Decline Despite Capacity Expansion2 days ago
Maan Aluminium Limited posted quarterly results for September 30, 2025, showing revenue decline of 7% to ₹191 crores in Q2FY26 compared to ₹205 crores in Q2FY25, though EBITDA improved to ₹11 crores with 6% margin. The company has expanded extrusion capacity from 10,000 TPA to 24,000 TPA through new Italian press installation and acquired a Dewas unit for ₹8.75 crores, positioning for future growth in high-value aluminum extrusion products.
Maan Aluminium Limited will host an earnings conference call on November 17, 2025, at 4:00 PM IST to discuss its operational and financial performance for Q2FY26. The call follows the company's board meeting announcement for financial results for the quarter ended September 30, 2025. Key management participants include Chairman & Managing Director Ravinder Nath Jain, Executive Directors Ashish Jain and Priti Jain, CFO Umesh Chandra Pant, and Company Secretary Sandeep Kumar Agarwal. The company will provide dial-in numbers for investors and analysts, with audio/video recording and transcript to be made available later on the company website.
Maan Aluminium Limited has called an Extraordinary General Meeting for November 29, 2025, to approve the issuance of 59 lakh equity shares at Rs 141 per share through preferential allotment. The company plans to raise Rs 831.9 crore from 39 allottees, including promoter Ravinder Nath Jain who will receive 12.26 lakh shares. The funds will be utilized for capital expenditure on aluminum extrusion projects (Rs 400 crore), working capital requirements (Rs 280 crore), and general corporate purposes (Rs 151.9 crore). The issue price of Rs 141 per share includes a premium of Rs 136, with the relevant date for pricing being October 30, 2025. Post-issue, promoter shareholding will decrease from 58.87% to 55.82%. The shares will be locked-in for 18 months for promoters and 6 months for public category allottees.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
807.15 | #1 1,80,598.40 | 10.21 | #1 2,41,204.00 | 10.92 | #1 16,002 | 21.28 | 53.31 | |
260.76 | 48,224.40 | #1 7.83 | 17,144.60 | 27.95 | 5,268 | #1 36.70 | 68.83 | |
57.99 | 977.90 | 137.90 | 617.70 | 15.01 | 9 | -3.85 | 79.75 | |
141.60 | #4 723.30 | #9 49.86 | #3 815.50 | #10 -15.12 | #5 16 | #4 13.73 | 57.42 | |
263.95 | 671.60 | 28.75 | 692.90 | 19.49 | 39 | 20.69 | 43.12 | |
202.00 | 256.10 | 10.84 | 521.10 | #1 41.99 | 24 | -215.94 | 44.41 | |
27.44 | 181.40 | 26.48 | 510.20 | 17.64 | 6 | -35.29 | 41.14 | |
81.90 | 63.50 | 13.90 | 155.10 | 7.56 | 6 | -14.29 | 32.94 | |
123.75 | 56.90 | 17.19 | 194.50 | 26.46 | 5 | -80.00 | 34.87 | |
4.42 | 56.50 | 25.76 | 93.60 | 21.56 | 2 | 0.00 | 42.79 |
Growth Rate
Revenue Growth
-15.12 %
Net Income Growth
-52.60 %
Cash Flow Change
-99.43 %
ROE
-56.72 %
ROCE
-55.31 %
EBITDA Margin (Avg.)
-31.56 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 65 | 90 | 106 | 113 | 126 | 92 | 160 | 171 | 225 | 225 | 300 |
| Fixed Assets | 20 | 20 | 22 | 23 | 27 | 29 | 37 | 45 | 51 | 54 | 105 |
| Current Assets | 44 | 69 | 84 | 91 | 98 | 61 | 121 | 125 | 171 | 148 | 191 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 5 | 6 |
| Other Assets | 45 | 70 | 84 | 91 | 98 | 63 | 123 | 126 | 173 | 165 | 188 |
| Total Liabilities | 65 | 90 | 106 | 113 | 126 | 92 | 160 | 171 | 225 | 225 | 300 |
| Current Liabilities | 37 | 58 | 71 | 73 | 76 | 36 | 89 | 80 | 90 | 58 | 104 |
| Non Current Liabilities | 2 | 5 | 5 | 6 | 7 | 6 | 7 | 7 | 5 | 4 | 17 |
| Total Equity | 27 | 27 | 30 | 35 | 43 | 50 | 64 | 84 | 130 | 163 | 178 |
| Reserve & Surplus | 23 | 24 | 26 | 29 | 37 | 43 | 57 | 71 | 117 | 136 | 151 |
| Share Capital | 3 | 3 | 3 | 7 | 7 | 7 | 7 | 14 | 14 | 27 | 27 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -0 | 1 | -0 | 2 | -2 | -0 | 6 | -6 | 0 | 0 | 0 |
| Investing Activities | -1 | -1 | 1 | 1 | -3 | -2 | -12 | -7 | -10 | -6 | -55 |
| Operating Activities | 3 | -31 | -7 | 36 | -4 | 31 | -20 | 15 | 29 | 34 | 0 |
| Financing Activities | -3 | 32 | 6 | -35 | 6 | -28 | 38 | -14 | -19 | -27 | 54 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Jul 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 65.32 % | 65.32 % | 65.32 % | 65.32 % | 65.54 % | 66.04 % | 66.04 % | 66.04 % | 66.04 % | 65.38 % | 65.34 % | 60.71 % | 60.71 % | 58.87 % | 58.87 % | 58.87 % | 58.87 % | 58.87 % | 58.87 % | 58.87 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.18 % | 0.00 % | 0.27 % | 0.33 % | 0.42 % | 0.37 % | 0.41 % | 0.37 % | 0.39 % |
| DIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.54 % | 0.00 % | 0.00 % | 0.00 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 29.57 % | 29.13 % | 29.59 % | 29.98 % | 29.80 % | 29.25 % | 28.85 % | 28.25 % | 28.00 % | 28.48 % | 29.08 % | 29.48 % | 28.02 % | 28.30 % | 28.68 % | 28.79 % | 28.24 % | 29.26 % | 29.75 % | 29.77 % |
| Others | 5.11 % | 5.55 % | 5.09 % | 4.70 % | 4.65 % | 4.71 % | 5.11 % | 5.70 % | 5.96 % | 6.13 % | 5.58 % | 9.62 % | 11.26 % | 12.56 % | 12.12 % | 11.92 % | 11.98 % | 11.46 % | 11.00 % | 10.97 % |
| No of Share Holders | 12,378 | 16,983 | 20,105 | 19,619 | 20,130 | 19,921 | 20,213 | 19,575 | 19,385 | 23,355 | 26,178 | 27,187 | 26,618 | 27,842 | 28,728 | 28,239 | 33,575 | 33,516 | 32,353 | 31,109 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3 | 0.00 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.19 | 0.00 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 29 Nov 2025 |  Extraordinary General Meeting | NA | 29 Nov 2025 | 139.10 | 133.70 |
 Bonus | 1:1 | 02 Aug 2021 | 40.76 | 0.00 | |
| 21 Feb 2022 |  Dividend | ₹ 1.00 /share | 18 Feb 2022 | 34.80 | 29.84 |
| 17 Aug 2022 | Dividend | ₹ 1.00 /share | 12 Aug 2022 | 34.20 | 35.04 |
| 18 Nov 2022 | Dividend | ₹ 1.00 /share | 18 Nov 2022 | 44.39 | 46.59 |
| 16 Feb 2023 | Dividend | ₹ 1.00 /share | 16 Feb 2023 | 56.26 | 52.03 |
| 09 Jun 2023 |  Split | 5:10 | 27 Jul 2023 | 79.41 | 79.41 |
| 27 Jul 2023 | Bonus | 1:1 | 27 Jul 2023 | 82.25 | 88.18 |
| 26 Sept 2024 |  Annual General Meeting | NA | 26 Sept 2024 | 127.10 | 139.60 |
| 14 Nov 2024 |  Quarterly Result Announcement | NA | 14 Nov 2024 | 213.15 | 139.85 |
| 04 Feb 2025 | Quarterly Result Announcement | NA | 04 Feb 2025 | 115.24 | 114.65 |
| 27 May 2025 | Quarterly Result Announcement | NA | 27 May 2025 | 101.43 | 113.97 |
| 12 Aug 2025 | Quarterly Result Announcement | NA | 12 Aug 2025 | 119.05 | 116.15 |
| 23 Sept 2025 | Annual General Meeting | NA | 23 Sept 2025 | 113.51 | 112.85 |
| 14 Nov 2025 | Quarterly Result Announcement | NA | 14 Nov 2025 | 147.20 | 136.65 |
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
6 hours ago
6 hours agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Investor Presentation3 days ago
3 days agoUn-Audited Financial Results For The Quarter And Half Year Ended On 30.09.20253 days ago
3 days agoBoard Meeting Outcome for Board Meeting Outcome For Un-Audited Financial Results For The Quarter And Half Year Ended On 30.09.20253 days ago
3 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation5 days ago
5 days agoNotice Of EGM To Be Held On 29.11.202510 days ago
10 days agoBoard Meeting Intimation for Financial ResultsNov 06, 2025
Nov 06, 2025Board Meeting Outcome for Outcome Of Board MeetingNov 04, 2025
Nov 04, 2025Board Meeting Intimation for Raising Of FundsOct 30, 2025
Oct 30, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 14, 2025
Oct 14, 2025Closure of Trading WindowOct 01, 2025
Oct 01, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 24, 2025
Sep 24, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 23, 2025
Sep 23, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 23, 2025
Sep 23, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 31, 2025
Aug 31, 2025Notice Of AGMAug 30, 2025
Aug 30, 2025Reg. 34 (1) Annual Report.Aug 30, 2025
Aug 30, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 30, 2025
Aug 30, 2025Intimation Of Book ClosureAug 29, 2025
Aug 29, 2025Intimation Of AGM Dated 23Rd September 2025Aug 29, 2025
Aug 29, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 21, 2025
Aug 21, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 13, 2025
Aug 13, 2025Annual General MeetingAug 13, 2025
Aug 13, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 12, 2025
Aug 12, 2025Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)Aug 12, 2025
Aug 12, 2025Unaudited Results For The Quarter Ended 30.06.2025Aug 12, 2025
Aug 12, 2025Board Meeting Outcome for Outcome Of Board MeetingAug 12, 2025
Aug 12, 2025Board Meeting Intimation for Un-Audited Financial Results For The Quarter Ended June 30 2025 And Other Agenda ItemAug 04, 2025
Aug 04, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 14, 2025
Jul 14, 2025Closure of Trading WindowJun 30, 2025
Jun 30, 2025Announcement under Regulation 30 (LODR)-Credit RatingJun 13, 2025
Jun 13, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2025
May 30, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 29, 2025
May 29, 2025Audited Results For Quarter And Year Ended March 31 2025May 27, 2025
May 27, 2025Board Meeting Outcome for Board Meeting Outcome For Audited Results For Quarter And Year Ended March 31 2025 May 27, 2025
May 27, 2025Board Meeting Intimation for Financial ResultsMay 19, 2025
May 19, 2025Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 30, 2025
Apr 30, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 14, 2025
Apr 14, 2025Announcement under Regulation 30 (LODR)-Credit RatingApr 07, 2025
Apr 07, 2025 Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportMar 31, 2025
Mar 31, 2025Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotMar 31, 2025
Mar 31, 2025Closure of Trading WindowMar 25, 2025
Mar 25, 2025Announcement under Regulation 30 (LODR)-AcquisitionMar 06, 2025
Mar 06, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMar 01, 2025
Mar 01, 2025Shareholder Meeting / Postal Ballot-Notice of Postal BallotFeb 28, 2025
Feb 28, 2025Announcement under Regulation 30 (LODR)-Change in ManagementFeb 27, 2025
Feb 27, 2025Board Meeting Outcome for Outcome Of Board MeetingFeb 27, 2025
Feb 27, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 06, 2025
Feb 06, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On 04Th February 2025Feb 04, 2025
Feb 04, 2025Technical Indicators
RSI(14)
Neutral 49.94
ATR(14)
Less Volatile 7.35
STOCH(9,6)
Oversold 15.82
STOCH RSI(14)
Oversold 7.91
MACD(12,26)
Bearish -1.98
ADX(14)
Weak Trend 17.70
UO(9)
Bearish 31.96
ROC(12)
Downtrend And Accelerating -9.72
WillR(14)
Oversold -89.50
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