About
Maan Aluminium Limited engages in the manufacturing and trading of aluminum profiles, ingots, billets, and other related products in India. It offers architectural structures, such as doors and windows, curtain walls, structural glazing products, and others; industrial products, including sign and display, electricals, transport and automotive, louver, luggage, carrier, and other industrial products. The company also offers geometrical shapes; AC grills and equipment; architectural hardware; and solar panels. It trades in non-ferrous scrap, as well as anodizes and fabricates profiles. The company serves construction, automobiles, solar energy, agriculture, architecture, defense, railway, electrical and electronics, medical, and heavy engineering industries. It exports its products. The company was formerly known as Man Aluminium Limited. Maan Aluminium Limited was founded in 1989 and is based in New Delhi, India.
Key Metrics
as of Sep 2026Market Cap702 Cr
P/E923.00
Div Yield0.00 %
Book Value₹4.81
52w High₹186.00
52w Low₹103.00
Face Value₹5.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 231.86 | 254.57 | 151.87 | 191.08 | 211.19 | 245.86 | 182.09 | 205.44 | 176.78 | 237.40 | 212.97 | 295.30 | 207.36 |
| Expenses | 226.49 | 252.93 | 146.32 | 183.12 | 206.25 | 238.16 | 177.27 | 197.83 | 171.82 | 228.13 | 202.11 | 284.24 | 193.95 |
| Operating Profit | 5.37 | 1.64 | 5.55 | 7.96 | 4.94 | 7.70 | 4.82 | 7.61 | 4.96 | 9.27 | 10.86 | 11.06 | 13.41 |
| OPM % | 2.32 | 0.64 | 3.65 | 4.17 | 2.34 | 3.13 | 2.65 | 3.70 | 2.81 | 3.90 | 5.10 | 3.75 | 6.47 |
| Other Income | 1.71 | 3.56 | 1.61 | 3.35 | 1.99 | 1.37 | 1.47 | 1.10 | 1.39 | 2.50 | 1.52 | 1.55 | 2.16 |
| Depreciation | 1.98 | 1.92 | 1.89 | 1.85 | 1.82 | 1.72 | 1.28 | 1.25 | 1.27 | 1.22 | 1.18 | 1.16 | 1.12 |
| Interest | 0.78 | 0.77 | 1.47 | 1.69 | 1.45 | 1.13 | 0.96 | 0.54 | 0.62 | 0.80 | 1.19 | 0.81 | 0.88 |
| Profit before tax | 4.32 | 2.51 | 3.80 | 7.77 | 3.66 | 6.22 | 4.05 | 6.92 | 4.46 | 9.75 | 10.01 | 10.64 | 13.57 |
| Tax % | 28.24 | 32.27 | 25.53 | 25.74 | 25.41 | 36.66 | 24.69 | 25.87 | 23.99 | 25.33 | 25.67 | 25.94 | 25.20 |
| Net Profit | 3.10 | 1.70 | 2.83 | 5.77 | 2.73 | 3.94 | 3.05 | 5.13 | 3.39 | 7.28 | 7.44 | 7.88 | 10.15 |
| EPS in Rs | 0.52 | 0.28 | 0.52 | 1.07 | 0.50 | 0.73 | 0.56 | 0.95 | 0.63 | 1.35 | 1.38 | 1.46 | 1.88 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 809.00 | 810.00 | 953.00 | 814.00 | 572.00 | 403.00 | 524.00 | 652.00 | 447.00 | 349.00 | 190.00 | 110.00 |
| Expenses | 789.00 | 782.00 | 908.00 | 743.00 | 539.00 | 378.00 | 512.00 | 634.00 | 434.00 | 341.00 | 185.00 | 107.00 |
| Operating Profit | 20.00 | 28.00 | 45.00 | 71.00 | 33.00 | 24.00 | 12.00 | 18.00 | 13.00 | 8.00 | 5.00 | 4.00 |
| OPM % | 2.50 | 3.50 | 4.70 | 9.00 | 6.00 | 6.00 | 2.40 | 2.80 | 2.90 | 2.30 | 2.70 | 3.30 |
| Other Income | 11.00 | 2.00 | 8.00 | 5.00 | 5.00 | 2.00 | 4.00 | 5.00 | 5.00 | 5.00 | 1.00 | 1.00 |
| Interest | 5.00 | 3.00 | 4.00 | 5.00 | 5.00 | 4.00 | 5.00 | 6.00 | 6.00 | 6.00 | 4.00 | 3.00 |
| Depreciation | 7.00 | 6.00 | 5.00 | 4.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Profit before tax | 18.00 | 22.00 | 44.00 | 67.00 | 30.00 | 20.00 | 9.00 | 14.00 | 10.00 | 5.00 | 1.00 | 0.00 |
| Tax % | 27.00 | 28.00 | 26.00 | 25.00 | 26.00 | 26.00 | 17.00 | 36.00 | 34.00 | 36.00 | 35.00 | 35.00 |
| Net Profit | 13.00 | 16.00 | 33.00 | 50.00 | 22.00 | 15.00 | 8.00 | 9.00 | 6.00 | 3.00 | 1.00 | 0.00 |
| EPS in Rs | 2.17 | 2.87 | 6.06 | 9.25 | 4.07 | 2.74 | 1.40 | 1.70 | 1.19 | 0.60 | 0.11 | 0.05 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 8.00 | 6.00 | 6.00 | 9.00 | 7.00 | 11.00 | 10.00 | 28.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 30.00 | 27.00 | 27.00 | 14.00 | 14.00 | 7.00 | 7.00 | 7.00 | 7.00 | 3.00 | 3.00 | 3.00 |
| Reserves | 245.00 | 151.00 | 136.00 | 117.00 | 71.00 | 57.00 | 43.00 | 37.00 | 29.00 | 26.00 | 24.00 | 23.00 |
| Borrowings | 55.00 | 90.00 | 33.00 | 56.00 | 66.00 | 73.00 | 31.00 | 53.00 | 40.00 | 68.00 | 55.00 | 20.00 |
| Other Liabilities | 34.00 | 31.00 | 29.00 | 38.00 | 21.00 | 23.00 | 11.00 | 29.00 | 38.00 | 8.00 | 8.00 | 19.00 |
| Total Liabilities | 363.00 | 300.00 | 225.00 | 225.00 | 171.00 | 160.00 | 92.00 | 126.00 | 113.00 | 106.00 | 90.00 | 65.00 |
| Fixed Assets | 108.00 | 105.00 | 54.00 | 51.00 | 45.00 | 37.00 | 29.00 | 27.00 | 23.00 | 21.00 | 20.00 | 20.00 |
| CWIP | 16.00 | 0.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 9.00 | 6.00 | 4.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 231.00 | 188.00 | 165.00 | 173.00 | 126.00 | 123.00 | 63.00 | 98.00 | 91.00 | 84.00 | 69.00 | 45.00 |
| Total Assets | 363.00 | 300.00 | 225.00 | 225.00 | 171.00 | 160.00 | 92.00 | 126.00 | 113.00 | 106.00 | 90.00 | 65.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 18.00 | 0.00 | 33.00 | 29.00 | 15.00 | -19.00 | 30.00 | -4.00 | 36.00 | -7.00 | -31.00 | 3.00 |
| Cash from Investing Activity | -60.00 | -54.00 | -6.00 | -10.00 | -7.00 | -12.00 | -2.00 | -3.00 | 1.00 | 1.00 | -1.00 | -1.00 |
| Cash from Financing Activity | 42.00 | 54.00 | -27.00 | -19.00 | -14.00 | 38.00 | -28.00 | 6.00 | -35.00 | 6.00 | 32.00 | -2.00 |
| Net Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | -6.00 | 6.00 | 0.00 | -1.00 | 2.00 | 0.00 | 1.00 | 0.00 |
| Free Cash Flow | -6.00 | -56.00 | 25.00 | 19.00 | 4.00 | -31.00 | 26.00 | -11.00 | 33.00 | -10.00 | -32.00 | 2.00 |
| CFO/OP % | 111.00 | 21.00 | 101.00 | 66.00 | 64.00 | -61.00 | 264.00 | 4.00 | 304.00 | -77.00 | -597.00 | 92.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 41.00 | 47.00 | 34.00 | 52.00 | 46.00 | 57.00 | 27.00 | 46.00 | 56.00 | 62.00 | 82.00 | 59.00 |
| Inventory Days | 34.00 | 30.00 | 17.00 | 20.00 | 29.00 | 35.00 | 12.00 | 6.00 | 9.00 | 18.00 | 35.00 | 67.00 |
| Days Payable | 11.00 | 10.00 | 9.00 | 17.00 | 9.00 | 15.00 | 3.00 | 12.00 | 29.00 | 3.00 | 6.00 | 62.00 |
| Cash Conversion Cycle | 64.00 | 67.00 | 42.00 | 55.00 | 66.00 | 77.00 | 36.00 | 41.00 | 36.00 | 77.00 | 111.00 | 64.00 |
| Working Capital Days | 50.00 | 36.00 | 33.00 | 35.00 | 27.00 | 19.00 | 16.00 | 11.00 | 12.00 | 13.00 | 19.00 | 24.00 |
| ROCE % | 8.00 | 12.00 | 25.00 | 43.00 | 24.00 | 22.00 | 16.00 | 24.00 | 18.00 | 12.00 | 7.00 | 7.00 |
Corporate Actions
31 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 19 Sep 2024 | — | — | — | Annual General Meeting |
| Bonus | 27 Jul 2023 | 27 Jul 2023 | 1:1 | — | |
| Split | 27 Jul 2023 | 27 Jul 2023 | 10:5 | — | |
| Other | 12 Jul 2023 | — | — | — | Annual General Meeting |
| Dividend | 16 Feb 2023 | 16 Feb 2023 | — | 1.00 | |
| Dividend | 18 Nov 2022 | 18 Nov 2022 | — | 1.00 | |
| Dividend | 12 Aug 2022 | 17 Aug 2022 | — | 1.00 | |
| Other | 21 Jul 2022 | — | — | — | Annual General Meeting |
| Dividend | 18 Feb 2022 | 21 Feb 2022 | — | 1.00 | |
| Bonus | 02 Aug 2021 | 03 Aug 2021 | 1:1 | — | |
| Other | 15 Jul 2021 | — | — | — | Annual General Meeting |
| Dividend | 19 Nov 2020 | 20 Nov 2020 | — | 1.00 | |
| Other | 21 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 18 Feb 2020 | 20 Feb 2020 | — | 1.00 | |
| Other | 19 Sep 2019 | — | — | — | Annual General Meeting |
| Dividend | 20 Nov 2018 | 22 Nov 2018 | — | 1.00 | |
| Other | 02 Aug 2018 | — | — | — | Annual General Meeting |
| Dividend | 05 Apr 2018 | 06 Apr 2018 | — | 1.00 | |
| Bonus | 10 Jul 2017 | 11 Jul 2017 | 1:1 | — | |
| Other | 16 Jun 2017 | — | — | — | Annual General Meeting |
| Dividend | 21 Nov 2016 | 22 Nov 2016 | — | 1.00 | |
| Dividend | 23 Jun 2016 | — | — | 0.50 | |
| Other | 21 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 22 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2013 | — | — | — | Annual General Meeting |
| Other | 17 Sep 2012 | — | — | — | Annual General Meeting |
| Dividend | 19 Sep 2011 | — | — | 1.00 | |
| Dividend | 17 Sep 2010 | — | — | 1.00 | |
| Other | 14 Sep 2009 | — | — | — | Annual General Meeting |
| Dividend | 18 Sep 2008 | — | — | 1.00 | NSE/BSE dividend mismatch: NSE=0.5; BSE=1.0 |
| Dividend | 18 Sep 2008 | — | — | 0.50 | NSE/BSE dividend mismatch: NSE=0.5; BSE=1.0 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update2 Apr from icra
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Rating update12 Jun 2025 from icra
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Rating update8 Apr 2025 from icra
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Rating update4 Apr 2024 from icra
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Rating update18 Apr 2023 from brickwork
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Rating update23 Mar 2023 from icra