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Earnings Call

Maan Aluminium Earnings Call: Key Takeaways

Maan Aluminium reports Q4 FY26 revenue of ₹255cr, shifting strategy from commodity extrusion to high-value-add manufacturing for aerospace and defense.

Highlights
Revenue growthFY26 flat YoY at -2%; Q4 revenue grew 4% YoY.
MarginsEBITDA margins stable at 4%; Gross margin fell to 7.5%.
Demand visibilityHigh visibility in aerospace, defense, and EV sectors.

Growth

FY26 revenue stable at ₹809cr vs ₹810cr (FY25); EBITDA increased 21% YoY to ₹31cr; PAT declined 13% to ₹13cr.

Outlook

Massive capacity expansion to 24,000 TPA; Dewas unit commissioning in 6-8 months; ₹166cr total CAPEX planned through FY28.

Risks

PAT margins compressed to 2% in FY26; working capital days spiked significantly to 67.2 days from 39.8.

Source

Earnings Call filed with BSE, NSE: MAANALU. Summary written with AI assistance from the document.

Read the document ↗

Maan Aluminium Ltd: key numbers

Share price
₹100.18
Market cap
₹600.9 Cr
Revenue (annual)
₹808.7 Cr
Net profit (annual)
₹13.03 Cr
P/E (TTM)
44.9×Sector 19.0×
Promoter holding
55.82%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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