---
title: "Maan Aluminium Ltd (MAANALU) — Share Price, Financials & Analysis"
symbol: "MAANALU"
company: "Maan Aluminium Ltd"
canonical: "https://tapetide.com/stocks/MAANALU"
isin: "INE215I01027"
nse_symbol: "MAANALU"
bse_code: "532906"
sector: "Metals & Mining"
industry: "Aluminium"
market_cap_cr: 661.75
generated_at: "2026-09-13T19:30:21.157Z"
---

# Maan Aluminium Ltd (MAANALU)

Canonical page: https://tapetide.com/stocks/MAANALU

## Company

- **NSE Symbol:** MAANALU
- **BSE Code:** 532906
- **ISIN:** INE215I01027
- **Sector:** Metals & Mining
- **Industry:** Aluminium
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2007-10-22
- **CEO:** Mr. Ravinder Nath Jain
- **Employees:** 221
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** maanaluminium.com

## About

Incorporated  in  2003, Maan Aluminium
 Ltd  is in the business of manufacturing 
& trading of aluminium profiles, anodizing 
 and fabrication of profiles, aluminium ingots, aluminium billets etc.[1]

## Latest Price

- **Price:** ₹110.4
- **Change:** -0.39 (-0.35%)
- **Open:** ₹110.5
- **Day High:** ₹111.38
- **Day Low:** ₹108
- **Previous Close:** ₹110.79
- **Volume:** 36365
- **As Of:** 2026-09-11T10:01:42+00:00

## Key Fundamentals

Observed at 2026-09-11T04:46:05.341301Z.

- **Market Cap:** ₹661.75 Cr
- **Classification:** Microcap
- **P/E (reported):** 49.8
- **P/E (TTM):** 46.19
- **EPS (TTM):** ₹2.39
- **Book Value:** ₹45.8
- **Price to Book:** 2.42
- **Dividend Yield:** 2.71%
- **ROE:** 4.74%
- **ROCE:** 7.97%
- **Debt to Equity:** 0.2
- **Revenue (yearly):** ₹819.2 Cr
- **Net Income:** ₹13 Cr
- **EBITDA:** ₹30.6 Cr
- **52-Week High:** ₹184.74
- **52-Week Low:** ₹103.01
- **RSI (14):** 34.64

## Tapetide Score

- **Score:** 45 / 100
- **Score date:** 2026-09-04
- **Archetype:** Expensive and Under Pressure
- **What it means:** The multiple is demanding and the trend has turned against it, without the financial strength that would justify paying up. What matters is whether the de-rating stops at the multiple or starts showing up in the numbers.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Falling
- **Percentile:** 28.3 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 54.37 | 9% |
| growth | 22.9 | 9% |
| momentum | 22.76 | 12% |
| ownership | 66.09 | 24% |
| quality | 52.41 | 22% |
| valuation | 32.04 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.7% over last 3 years.
- Earnings include an other income of Rs.10.2 Cr.
- Promoter holding has decreased over last 3 years: -9.56%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | — | -46.49% | 18.61% |
| ebitda margin growth | -100% | 0.27% | -31.38% | -43.33% |
| net income growth | -200% | -16.13% | -36% | -3% |
| revenue growth | -29.63% | 0.45% | 0% | 15% |
| roce | — | -37.54% | -72.08% | 28.11% |
| roe | — | -45.45% | 11.17% | -81.8% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 295.3 | 212.97 | 237.4 | 176.78 | 205.44 | 182.09 | 245.86 | 211.19 | 191.08 | 151.87 | 254.57 | 231.86 |
| Expenses | 284.24 | 202.11 | 228.13 | 171.82 | 197.83 | 177.27 | 238.16 | 206.25 | 183.12 | 146.32 | 252.93 | 226.49 |
| Operating Profit | 11.06 | 10.86 | 9.27 | 4.96 | 7.61 | 4.82 | 7.7 | 4.94 | 7.96 | 5.55 | 1.64 | 5.37 |
| OPM % | 3.75 | 5.1 | 3.9 | 2.81 | 3.7 | 2.65 | 3.13 | 2.34 | 4.17 | 3.65 | 0.64 | 2.32 |
| Other Income | 1.55 | 1.52 | 2.5 | 1.39 | 1.1 | 1.47 | 1.37 | 1.99 | 3.35 | 1.61 | 3.56 | 1.71 |
| Interest | 0.81 | 1.19 | 0.8 | 0.62 | 0.54 | 0.96 | 1.13 | 1.45 | 1.69 | 1.47 | 0.77 | 0.78 |
| Depreciation | 1.16 | 1.18 | 1.22 | 1.27 | 1.25 | 1.28 | 1.72 | 1.82 | 1.85 | 1.89 | 1.92 | 1.98 |
| Profit before tax | 10.64 | 10.01 | 9.75 | 4.46 | 6.92 | 4.05 | 6.22 | 3.66 | 7.77 | 3.8 | 2.51 | 4.32 |
| Tax % | 25.94 | 25.67 | 25.33 | 23.99 | 25.87 | 24.69 | 36.66 | 25.41 | 25.74 | 25.53 | 32.27 | 28.24 |
| Net Profit | 7.88 | 7.44 | 7.28 | 3.39 | 5.13 | 3.05 | 3.94 | 2.73 | 5.77 | 2.83 | 1.7 | 3.1 |
| EPS in Rs | 1.46 | 1.38 | 1.35 | 0.63 | 0.95 | 0.56 | 0.73 | 0.5 | 1.07 | 0.52 | 0.28 | 0.52 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 447 | 652 | 524 | 403 | 572 | 814 | 953 | 810 | 809 | 829 |
| Expenses | 434 | 634 | 512 | 378 | 539 | 743 | 908 | 782 | 789 | 809 |
| Operating Profit | 13 | 18 | 12 | 24 | 33 | 71 | 45 | 28 | 20 | 21 |
| OPM % | 2.9 | 2.8 | 2.4 | 6 | 6 | 9 | 4.7 | 3.5 | 2.5 | 2.5 |
| Other Income | 5 | 5 | 4 | 2 | 5 | 5 | 8 | 2 | 10 | 10 |
| Interest | 6 | 6 | 5 | 4 | 5 | 5 | 4 | 3 | 5 | 5 |
| Depreciation | 2 | 2 | 2 | 3 | 3 | 4 | 5 | 6 | 7 | 8 |
| Profit before tax | 10 | 14 | 9 | 20 | 30 | 67 | 44 | 22 | 18 | 18 |
| Tax % | 34 | 36 | 17 | 26 | 26 | 25 | 26 | 28 | 27 | — |
| Net Profit | 6 | 9 | 8 | 15 | 22 | 50 | 33 | 16 | 13 | 13 |
| EPS in Rs | 1.19 | 1.7 | 1.4 | 2.74 | 4.07 | 9.25 | 6.06 | 2.87 | 2.17 | 2.39 |
| Dividend Payout % | 11 | 7 | 9 | 6 | 6 | 8 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 7 | 7 | 7 | 7 | 14 | 14 | 27 | 27 | 30 |
| Reserves | 26 | 29 | 37 | 43 | 57 | 71 | 117 | 136 | 151 | 245 |
| Borrowings | 68 | 40 | 53 | 31 | 73 | 66 | 56 | 33 | 90 | 55 |
| Other Liabilities | 8 | 38 | 29 | 11 | 23 | 21 | 38 | 29 | 31 | 34 |
| Total Liabilities | 106 | 113 | 126 | 92 | 160 | 171 | 225 | 225 | 300 | 363 |
| Fixed Assets | 21 | 23 | 27 | 29 | 37 | 45 | 51 | 54 | 105 | 107 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 0 | 16 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 6 | 9 |
| Other Assets | 84 | 91 | 98 | 63 | 123 | 126 | 173 | 165 | 188 | 231 |
| Total Assets | 106 | 113 | 126 | 92 | 160 | 171 | 225 | 225 | 300 | 363 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -7 | 36 | -4 | 30 | -19 | 15 | 29 | 33 | 0 | 18 |
| Cash from Investing Activity | 1 | 1 | -3 | -2 | -12 | -7 | -10 | -6 | -54 | -60 |
| Cash from Financing Activity | 6 | -35 | 6 | -28 | 38 | -14 | -19 | -27 | 54 | 42 |
| Net Cash Flow | 0 | 2 | -1 | 0 | 6 | -6 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -10 | 33 | -11 | 26 | -31 | 4 | 19 | 25 | -56 | -7 |
| CFO/OP | -77 | 304 | 4 | 264 | -61 | 64 | 66 | 101 | 21 | 111 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 62 | 56 | 46 | 27 | 57 | 46 | 52 | 34 | 47 | 41 |
| Inventory Days | 18 | 9 | 6 | 12 | 35 | 29 | 20 | 17 | 30 | 34 |
| Days Payable | 3 | 29 | 12 | 3 | 15 | 9 | 17 | 9 | 10 | 11 |
| Cash Conversion Cycle | 77 | 36 | 41 | 36 | 77 | 66 | 55 | 42 | 67 | 64 |
| Working Capital Days | 13 | 12 | 11 | 16 | 19 | 27 | 35 | 33 | 36 | 46 |
| ROCE % | 12 | 18 | 24 | 16 | 22 | 24 | 43 | 25 | 12 | 8 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 60.71% | 60.71% | 58.87% | 58.87% | 58.87% | 58.87% | 58.87% | 58.87% | 58.87% | 58.87% | 55.82% | 55.82% |
| FIIs | 0.18% | 0% | 0.27% | 0.33% | 0.42% | 0.37% | 0.41% | 0.37% | 0.39% | 0.01% | 0.01% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0.54% | 0% | 0% | 0% | 1.43% | 1.59% | 1.71% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 29.48% | 28.02% | 28.3% | 28.68% | 28.79% | 28.24% | 29.26% | 29.75% | 29.77% | 28.69% | 28.81% | 29.63% |
| Others | 9.62% | 11.26% | 12.56% | 12.12% | 11.92% | 11.98% | 11.46% | 11% | 10.97% | 11% | 13.78% | 12.84% |
| No. of Shareholders | 27187 | 26618 | 27842 | 28728 | 28239 | 33575 | 33516 | 32353 | 31109 | 30671 | 29626 | 30389 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 116.1 | Sell |
| EMA (10) | 114.67 | Sell |
| SMA (20) | 117.49 | Sell |
| EMA (20) | 116.85 | Sell |
| SMA (50) | 119.15 | Sell |
| EMA (50) | 120.23 | Sell |
| SMA (100) | 127.62 | Sell |
| EMA (100) | 124.88 | Sell |
| SMA (200) | 136.57 | Sell |
| EMA (200) | 127.28 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 34.1 | Neutral |
| MACD (12,26,9) | -2.37 | Sell |
| Stochastic (14,3,3) | 7.26 | Buy |
| ADX (14) | 14.78 | Neutral |
| Williams %R (14) | -87.97 | Buy |
| ATR (14) | 4.93 | High Volatility |
| ROC (12) | -7.21 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 28.98 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f59b2d5-fa0a-445f-97c0-f5d27acfc5b8.pdf) |
| 2026-09-05 | [Notice Of Shareholder Meeting Dated 28Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=01de47fd-b78a-49f4-bc10-ca0537576a00.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=99bb5f11-c937-4013-aec1-7a654db158b6.pdf) |
| 2026-09-03 | [Shareholder Meeting On 28Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e55244a-aae2-4023-a346-528a9c9f5f72.pdf) |
| 2026-09-03 | [Intimation Of Book Closure For AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd822c5d-fc67-4a71-8ce2-e73b06ca2571.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8178e707-cdb2-4865-8fa2-6fde8099dec8.pdf) |
| 2026-08-16 | [Statement Of Deviation & Variatiion](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3df38846-eb5f-4506-9857-3e1f5b8b2cd2.pdf) |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8245e312-0ffd-4189-ab8a-c8cbbb988a4b.pdf) |
| 2026-08-13 | [Board Meeting Outcome for UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe727634-45de-494c-aa7d-8774c19d1ee8.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2287730c-9118-4c6f-a704-f8e7e7c4a5a9.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-19 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c270e5a9-dac8-4e3e-806c-84b632722aea.pdf) |
| 2026-06-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c43f2cb-0a90-4ab1-befa-ac307860108d.pdf) |
| 2026-02-26 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2f7f789-aef5-4436-ab95-2d94abdf68ac.pdf) |
| 2025-11-25 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58ab6a56-9fe7-4c84-8cc0-103f674b2aff.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ac8a628e-1429-40bb-975a-a58d2725f6c1.pdf) |
| 2026-05-29 | [Audited Financial Results For The Quarter And Year Ended 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=52bc4760-dba1-4d6e-8930-5422f4e5ce49.pdf) |
| 2026-02-12 | [Un-Audited Financial Results For The Quarter Ended On 31/12/2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1856ed3c-d22a-4f9a-8683-49026f82c0e8.pdf) |
| 2025-11-14 | [Un-Audited Financial Results For The Quarter And Half Year Ended On 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec4b2043-b790-4ed1-b458-674dc0455bbc.pdf) |
| 2025-08-12 | [Unaudited Results For The Quarter Ended 30.06.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0598beca-6be7-433a-8564-76264c5ee66d.pdf) |
| 2025-05-27 | [Audited Results For Quarter And Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8b18eda9-83a0-4fd7-bcd9-25ddcf44aef1.pdf) |
| 2025-02-04 | [Financial Results For The Quarter And Nine Months Ended On 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a264477-0e8b-41b3-94f4-3cd0c99158ef.pdf) |
| 2024-11-14 | [Un-Audited Financial Results For The Quarter And Half Year Ended On 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=32350842-769d-4350-875e-6ff2f1ef2c5e.pdf) |
| 2024-08-13 | [Unaudited Standalone Financial Results Of The Company For The Quarter Ended On 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4494dfe8-6ba3-4cc4-aa41-1ab19bd21f65.pdf) |
| 2024-05-30 | [Financial Results For The Quarter And Year Ended 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d5d75c2a-ca56-4de1-a066-f3a71fbf6021.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0f3d5059-6aa9-467a-95d0-8e1ad6f56001.pdf) |
| 2026-06-01 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=719abbab-5b2a-40f0-b123-97b6f33c7ef9.pdf) |
| 2026-02-16 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55bd30d0-45b3-44dd-8a48-99ecb6df1e71.pdf) |
| 2025-11-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d09f064-1619-4a69-a48d-672f24c40801.pdf) |
| 2024-11-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b1683c99-d567-430a-85cb-2a6ba2c0e3ea.pdf) |
| 2024-05-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=abe00ba8-e5ce-4d07-bc7a-05b7536cb7c2.pdf) |
| 2024-02-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=752cb1d4-cbed-44d4-8551-fefea61315aa.pdf) |
| 2023-08-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=648d020c-4026-42d3-962e-69098e4efb82.pdf) |
| 2023-05-31 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69910c20-3b3c-4eb0-9ec4-0d9e48a1d6de.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-06-02 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd617298-2b30-416f-9279-a766ea80e488.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/58ab6a56-9fe7-4c84-8cc0-103f674b2aff.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b1683c99-d567-430a-85cb-2a6ba2c0e3ea.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/abe00ba8-e5ce-4d07-bc7a-05b7536cb7c2.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/69910c20-3b3c-4eb0-9ec4-0d9e48a1d6de.pdf) |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9c43f2cb-0a90-4ab1-befa-ac307860108d.pdf) |
| Jun 2026 | [Concall - Jun 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/719abbab-5b2a-40f0-b123-97b6f33c7ef9.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/752cb1d4-cbed-44d4-8551-fefea61315aa.pdf) |
| Aug 2023 | [Concall - Aug 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/648d020c-4026-42d3-962e-69098e4efb82.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 5 Mar - Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015- Intimation of Schedule of Analyst/ Institutional Investor Meet /Conference scheduled to … | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 Mar - Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015- Intimation of Schedule of Analyst/ Institutional Investor Meet /Conference scheduled to …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/664bcd49-aff7-4eae-87f4-9d4e762588da.pdf) |
| 4 Apr - ICRA reaffirmed Maan Aluminium's BBB+ stable cash credit and A2 bill discounting ratings on ₹105 crore limits. | [Announcement under Regulation 30 (LODR)-Credit Rating 4 Apr - ICRA reaffirmed Maan Aluminium's BBB+ stable cash credit and A2 bill discounting ratings on ₹105 crore limits.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/431db2ef-bfd4-4ffa-8703-bb26d6527c17.pdf) |
| 31 Mar - Appoints Karan Bhatia as Additional Non-Executive Independent Director from April 1, 2026 for five years, pending shareholder approval. | [Announcement under Regulation 30 (LODR)-Change in Management 31 Mar - Appoints Karan Bhatia as Additional Non-Executive Independent Director from April 1, 2026 for five years, pending shareholder approval.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ef4fb97c-ab65-467b-ba84-817913366d04.pdf) |
| 30 Apr - Maan Aluminium says it is not a Large Corporate as on 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Maan Aluminium says it is not a Large Corporate as on 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/da3018b8-47d4-4559-9286-8df853e39bca.pdf) |
| 30 Apr - Maan Aluminium says it is not a Large Corporate as on 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Maan Aluminium says it is not a Large Corporate as on 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/da3018b8-47d4-4559-9286-8df853e39bca.pdf) |
| 28 Apr - 28 Apr 2026 clarification on price movement; company states no undisclosed price-sensitive information. | [Reply To Clarification Sought 28 Apr - 28 Apr 2026 clarification on price movement; company states no undisclosed price-sensitive information.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fb3c74a5-f7f6-486a-8cf9-e6dff8231e2c.pdf) |
| 28 Apr - 28 Apr 2026 clarification on price movement; company states no undisclosed price-sensitive information. | [Reply To Clarification Sought 28 Apr - 28 Apr 2026 clarification on price movement; company states no undisclosed price-sensitive information.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/fb3c74a5-f7f6-486a-8cf9-e6dff8231e2c.pdf) |
| 17 Feb - Audio recording link of investors' call (17.02.2026) for quarter ended 31.12.2025. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 17 Feb - Audio recording link of investors' call (17.02.2026) for quarter ended 31.12.2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3c0a40e2-38cf-4f96-9701-ec2f231dfc56.pdf) |
| 13 Apr - RTA confirmed dematerialization compliance for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Apr - RTA confirmed dematerialization compliance for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4965aa49-640f-423f-a2b3-cbd21cdbb379.pdf) |
| — | [Closure of Trading Window 25 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/69eef6aa-e5cc-4d1f-a0ad-9e0a9984459c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_MAANALU_2010_2011_08092011024040.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/439d30b3-a714-4b31-b8b3-aa82b316b1a0.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a34989f-0f74-4ba9-b65f-49969bbd5517.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d108400-c575-4e30-8014-32411246176f.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532906/73528532906.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532906/68701532906.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532906/66555532906_08_09_20.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532906/5329060319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532906/5329060318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532906/5329060317.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:30:21.157Z.