Maan Aluminium Limited reported a 16% decline in net profit to ₹1,303 crore for the financial year ended March 31, 2026 (FY26), down from ₹1,551 crore in the previous year. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. Revenue from operations for FY26 stood at ₹80,871 crore, slightly lower than ₹81,017 crore in FY25, reflecting stable top-line performance amidst profitability challenges.

Quarterly Performance

For the quarter ended March 31, 2026 (Q4FY26), the company recorded a net profit of ₹1.70 crore, a sharp decline from ₹3.94 crore in the corresponding period of the previous year. Revenue for the quarter increased to ₹2,545.7 crore from ₹2,458.6 crore in Q4FY25. However, operating margins compressed significantly, with EBITDA falling to ₹1.6 crore compared to ₹7.7 crore in the prior year. The EBITDA margin contracted to 0.64% from 3.13% year-on-year. Earnings per share (EPS) for the quarter stood at ₹0.29, down from ₹0.73 in Q4FY25.

Full-Year Financial Performance

On an annual basis, the company's total equity increased to ₹27,475 crore as of March 31, 2026, up from ₹17,844 crore a year earlier. This rise was driven by the allotment of 59,00,000 equity shares on a preferential basis on January 16, 2026, at ₹141 per share, raising ₹8,319 crore. The funds were designated for capital expenditure, working capital requirements, and general corporate purposes. Total income for FY26 was ₹81,922 crore.

Operational Highlights

The company recognised a liability regarding the labour codes notified by the Government of India on November 21, 2025. The business activities of the company primarily fall within a single business and geographical segment, and as such, there is no separate reportable segment as per Ind AS 108. The auditors, Khandelwal & Khandelwal Associates, issued an unmodified opinion on the financial results.

Maan Aluminium Limited has announced the acquisition of office space in New Delhi to facilitate the expansion of its back office services. The company has purchased flats on a leasehold basis situated at Flat No. 309 & 310, 3rd Floor, Surya Kiran Building, 19, Kasturba Gandhi Marg, New Delhi 110001. The disclosure was made on May 20, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Acquisition Details

The property acquisition involves a total expenditure of ₹7.24 crore, excluding stamp duty and other associated charges. The office space provides a carpet area measuring approximately 2210 sq. feet. This strategic purchase is intended to support the company's plans for expanding its back office operations.

Property Specifications

The following table outlines the key details of the property acquired: