Maan Aluminium Ltd Share Price ₹124 | P/E 54.8

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Maan Aluminium Ltd

Quarter-by-quarter operating performance

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales +	189.62	262.87	207.36	295.30	212.97	237.40	176.78	205.44	182.09	245.86	211.19	191.08	151.87
Expenses +	170.03	242.07	193.95	284.24	202.11	228.13	171.82	197.83	177.27	238.16	206.25	183.12	146.32
Operating Profit	19.59	20.80	13.41	11.06	10.86	9.27	4.96	7.61	4.82	7.70	4.94	7.96	5.55
OPM %	10.33%	7.91%	6.47%	3.75%	5.10%	3.90%	2.81%	3.70%	2.65%	3.13%	2.34%	4.17%	3.65%
Other Income +	1.26	1.50	2.16	1.55	1.52	2.50	1.39	1.10	1.47	1.37	1.99	3.35	1.61
Interest	0.99	1.62	0.88	0.81	1.19	0.80	0.62	0.54	0.96	1.13	1.45	1.69	1.47
Depreciation	1.11	1.32	1.12	1.16	1.18	1.22	1.27	1.25	1.28	1.72	1.82	1.85	1.89
Profit before tax	18.75	19.36	13.57	10.64	10.01	9.75	4.46	6.92	4.05	6.22	3.66	7.77	3.80
Tax %	25.28%	25.31%	25.20%	25.94%	25.67%	25.33%	23.99%	25.87%	24.69%	36.66%	25.41%	25.74%	25.53%
Net Profit +	14.01	14.46	10.15	7.88	7.44	7.28	3.39	5.13	3.05	3.94	2.73	5.77	2.83
EPS in Rs	2.59	2.68	1.88	1.46	1.38	1.35	0.63	0.95	0.56	0.73	0.50	1.07	0.52

Financials of Maan Aluminium Ltd

Annual income statement trend

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	103	110	190	349	447	652	524	403	572	814	953	810	800
Expenses +	98	107	185	341	434	634	512	378	539	743	908	782	774
Operating Profit	5	4	5	8	13	18	12	24	33	71	45	28	26
OPM %	5%	3%	3%	2%	3%	3%	2%	6%	6%	9%	5%	4%	3%
Other Income +	1	1	1	5	5	5	4	2	5	5	8	2	8
Interest	3	3	4	6	6	6	5	4	5	5	4	3	6
Depreciation	2	1	1	2	2	2	2	3	3	4	5	6	7
Profit before tax	0	0	1	5	10	14	9	20	30	67	44	22	21
Tax %	-11%	35%	35%	36%	34%	36%	17%	26%	26%	25%	26%	28%
Net Profit +	0	0	1	3	6	9	8	15	22	50	33	16	15
EPS in Rs	0.08	0.05	0.11	0.60	1.19	1.70	1.40	2.74	4.07	9.25	6.06	2.87	2.82
Dividend Payout %	0%	0%	28%	10%	11%	7%	9%	6%	6%	8%	0%	0%

Financials of Maan Aluminium Ltd

Capital structure and asset base

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	3	3	3	3	7	7	7	7	14	14	27	27	27
Reserves	24	23	24	26	29	37	43	57	71	117	136	151	160
Borrowings +	19	20	55	68	40	53	31	73	66	56	33	90	83
Other Liabilities +	11	19	8	8	38	29	11	23	21	38	29	31	35
Total Liabilities	58	65	90	106	113	126	92	160	171	225	225	300	305
Fixed Assets +	21	20	20	21	23	27	29	37	45	51	54	105	107
CWIP	0	0	0	0	0	0	0	0	0	1	2	0	0
Investments	0	0	0	0	0	0	0	0	0	1	4	6	7
Other Assets +	36	45	69	84	91	98	63	123	126	173	165	188	190
Total Assets	58	65	90	106	113	126	92	160	171	225	225	300	305

Financials of Maan Aluminium Ltd

Operating, investing and financing cash movement

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-1	3	-31	-7	36	-4	30	-19	15	29	33	0
Cash from Investing Activity +	-1	-1	-1	1	1	-3	-2	-12	-7	-10	-6	-54
Cash from Financing Activity +	2	-2	32	6	-35	6	-28	38	-14	-19	-27	54
Net Cash Flow	-0	-0	1	-0	2	-1	-0	6	-6	-0	-0	-0
Free Cash Flow	-3	2	-32	-10	33	-11	26	-31	4	19	25	-56
CFO/OP	-25%	92%	-597%	-77%	304%	4%	264%	-61%	64%	66%	101%	21%

Financials of Maan Aluminium Ltd

Working capital efficiency and return ratios

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	44	59	82	62	56	46	27	57	46	52	34	47
Inventory Days	71	67	35	18	9	6	12	35	29	20	17	30
Days Payable	35	62	6	3	29	12	3	15	9	17	9	10
Cash Conversion Cycle	79	64	111	77	36	41	36	77	66	55	42	67
Working Capital Days	23	24	19	13	12	11	16	19	27	35	33	36
ROCE %	8%	7%	7%	12%	18%	24%	16%	22%	24%	43%	25%	12%