As of 6 Nov 2026, Maan Aluminium trades at 42.4× trailing earnings, above the industry P/E of 17.0×, and the shares are 45% below their 52-week high. Sales and net profit fell 0.1% and 36% a year over 3 years, with ROCE of 7.8% and ROE of 5.7%. Debt is 0.20× equity. It is a small-cap company with a market cap of ₹611 Cr, ranked 8th of 22 Aluminum companies by market cap; the shares fell 28% over the past year.
- ₹104.90
- ₹105.00
- ₹101.41
- ₹104.86
- 25.5K
Health check
- ReturnsBehind
−28.4% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 42.4 vs industry 17.0.
- GrowthShrinking
Sales −0.1%, profit −36.1% a year over 3 years.
- ProfitabilityWeak
ROCE 7.8% vs peer median 16.4%.
- Balance sheetFair
Debt 0.20× equity, interest covered 4.1×.
- Red flags3 to check
Return on equity is low at 5.7%.
Small cap
Defensive
Key metrics
- Market cap
- ₹611 Cr
- Small cap
- P/E
- 42.4
- Industry 17.0
- Price to book
- 2.17
- Peers 2.90
- Dividend yield
- 0.00%
- ROE
- 5.7%
- Peers 10.3%
- ROCE
- 7.8%
- Peers 16.4%
- Debt to equity
- 0.20
- Debt ₹55 Cr
- EPS (TTM)
- ₹2.40
- Face value ₹5
- OPM (TTM)
- 2.5%
- Net margin 1.6%
- Sales growth
- +9.8%
- Latest quarter vs a year ago
- Profit growth
- +13.6%
- Latest quarter vs a year ago
- Price to sales
- 0.74
- EV/EBITDA 29.4
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 5.7%.
- P/E of 42.4 against an industry P/E of 17.0.
- 45% below its 52-week high.
About Maan Aluminium
Maan Aluminium Limited engages in the manufacturing and trading of aluminium profiles, anodized and fabricated profiles, aluminium ingots, billets, rods, and related products in India. It offers aluminium extruded profiles, including hardware, structural, solar, defense, LED, electrical, railway, louvers, architectural, automotive, luggage and ladder, doors and windows, atomic research, sign and display, AC grills and equipment, structural glazing, and…
- Headquarters
- New Delhi
- Employees
- 262
- Sector
- Basic Materials
- ISIN
- INE215I01027
- Website
- maanaluminium.com
Price range
- Avg volume (3M)
- 65.2K
- 1-year return
- minus 28.4%
- From 52-week high
- minus 44.9%
Peers · Aluminum
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HINDALCOHindalco Industries | 958.40 | plus 2.19% | 2,12,749 | 11.1 | 9.4 | 9.4% | 9.0% | 0.73 | 7.1% | plus 12.8% |
| VAMLVedanta Aluminium Metal | 376.05 | minus 0.80% | 1,46,816 | 22.2 | – | – | 41.3% | 1.05 | – | minus 24.2% |
| NATIONALUMNational Aluminium Co. | 325.75 | minus 1.59% | 59,828 | 8.4 | 6.5 | 33.3% | 43.8% | 0.00 | 7.8% | plus 41.9% |
| CMRGREENCMR Green Technologies | 218.29 | plus 2.16% | 4,782 | 17.8 | 13.0 | 19.8% | 4.5% | 0.83 | 17.4% | minus 9.5% |
| ARFINArfin India | 94.15 | minus 1.23% | 1,589 | 86.4 | 33.6 | 20.8% | 6.9% | 0.76 | 4.3% | plus 74.7% |
| BELDINGBelding India | 820.05 | minus 2.76% | 1,187 | – | – | 0.3% | −1377.7% | 0.04 | −89.7% | minus 10.8% |
| MMPMMP Industries | 427.35 | plus 0.66% | 1,086 | 21.7 | 19.4 | 12.9% | 8.4% | 0.53 | 15.2% | plus 50.9% |
| MAANALUMaan Aluminium | 101.80 | minus 2.92% | 611 | 42.4 | – | – | 2.5% | 0.20 | – | minus 28.4% |
| Median of 7 peers | – | −0.80% | 4,782 | 19.7 | 13.0 | 16.4% | 8.4% | 0.73 | 7.4% | 12.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 211 | 191 | 152 | 255 | 232 | |
| 206 | 183 | 146 | 253 | 226 | |
| 4.9 | 8 | 5.6 | 1.6 | 5.4 | |
| 2.3% | 4.2% | 3.7% | 0.6% | 2.3% | |
| 2 | 3.4 | 1.6 | 3.6 | 1.7 | |
| 1.5 | 1.7 | 1.5 | 0.8 | 0.8 | |
| 1.8 | 1.9 | 1.9 | 1.9 | 2 | |
| 3.7 | 7.8 | 3.8 | 2.5 | 4.3 | |
| 25.4% | 25.7% | 25.5% | 32.3% | 28.2% | |
| 2.7 | 5.8 | 2.8 | 1.7 | 3.1 | |
| 0.50 | 1.07 | 0.52 | 0.29 | 0.52 |
Profit & loss
- Sales CAGR 3Y
- −0.1%
- Profit CAGR 3Y
- −36.1%
- EPS CAGR 3Y
- −60.1%
- ROE
- 5.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 808 | 953 | 807 | 805 | |
| – | +18.0% | minus 15.3% | minus 0.2% | |
| 736 | 908 | 778 | 785 | |
| 71.3 | 44.6 | 28.3 | 20.2 | |
| 8.8% | 4.7% | 3.5% | 2.5% | |
| 4.5 | 7.7 | 4.5 | 8.7 | |
| 4.3 | 3.7 | 2.5 | 4.9 | |
| 4.5 | 4.7 | 5.5 | 7.5 | |
| −0.1 | −0 | −3.3 | 1.2 | |
| 67 | 44 | 21.6 | 17.7 | |
| 25.5% | 25.5% | 28.4% | 26.6% | |
| 50 | 32.8 | 15.5 | 13 | |
| – | minus 34.5% | minus 52.7% | minus 16.0% | |
| 36.96 | 6.06 | 2.87 | 2.35 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13.5 | 27 | 27 | 30 | |
| 117 | 136 | 151 | 245 | |
| 56.1 | 32.6 | 90.2 | 54.8 | |
| 38.5 | 29.4 | 31 | 33.6 | |
| 225 | 225 | 300 | 363 | |
| 52.7 | 75.7 | 107 | 139 | |
| 1.8 | 21.7 | 1.6 | 31.8 | |
| 0 | 0 | 1.4 | 0 | |
| 2.7 | 0.3 | 6 | 48.3 | |
| 168 | 127 | 184 | 144 | |
| 225 | 225 | 300 | 363 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 29 | 33.5 | 0.2 | 17.9 | |
| −10.2 | −6.3 | −54.5 | −59.9 | |
| −18.9 | −27.2 | 54.2 | 42 | |
| −0 | −0 | −0 | 0.1 | |
| −10.3 | −8.5 | −55.8 | −24.5 | |
| 18.7 | 24.9 | −55.6 | −6.6 | |
| −4.1 | – | – | – |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 1.6% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.