Maan Aluminium Ltd - Stock Valuation and Financial Performance

BSE: 532906 | NSE: MAANALU | Aluminium & Aluminium Products | Small Cap

Maan Aluminium Share Price

136 0.45 0.33%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Maan Aluminium

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Maan Aluminium stock performance -

mw4me loader
P/E Ratio (SA):
31.65
Market Cap:
735.6 Cr.
52-wk low:
112
52-wk high:
259

Is Maan Aluminium Ltd an attractive stock to invest in?

1. Is Maan Aluminium Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Maan Aluminium Ltd is a average quality company.

2. Is Maan Aluminium Ltd undervalued or overvalued?

The key valuation ratios of Maan Aluminium Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Maan Aluminium Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Maan Aluminium Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Maan Aluminium:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Maan Aluminium Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 6.8%7.5%12.5%18.1%24.3%15.7%22%24.3%43%25.1%-
Value Creation
Index
-0.5-0.5-0.10.30.70.10.60.72.10.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 111190349447652524403572814953833
Sales YoY Gr.-72.2%83.4%28.1%45.8%-19.6%-23.1%42.1%42.2%17.1%-
Adj EPS 00.20.51.11.61.32.63.68.85.74.3
YoY Gr.-1900%170%103.7%43.6%-20.9%108.8%36%147%-34.6%-
BVPS (₹) 4.955.56.589.311.815.624.130.231.7
Adj Net
Profit
01.12.95.98.56.814.119.247.43123
Cash Flow from Ops. 3.2-30.7-7.436.1-4.430.5-19.515.12933.5-
Debt/CF from Ops. 6.1-1.8-9.21.1-12.11-3.74.31.91-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 27.1%7.9%33.2%17.1%
Adj EPS 102.6%29.4%30%-34.6%
BVPS22.4%30.3%36.6%25.2%
Share Price 52.5% 79.7% 68% 4.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
0.2410.318.221.714.424.825.944.221.213.9
Op. Profit
Mgn %
3.332.32.92.82.46.15.78.84.73.9
Net Profit
Mgn %
00.60.81.31.31.33.53.45.83.32.8
Debt to
Equity
0.72.12.31.11.20.61.10.80.40.20
Working Cap
Days
123103776951537774656331
Cash Conv.
Cycle
7475664733425856484218

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 33.24%

Net Profit is growing at healthy rate in last 3 years 30.04%

Return on Equity has declined versus last 3 years average to 13.90%

Sales growth is not so good in last 4 quarters at -10.64%

Latest Financials - Maan Aluminium Ltd.

Standalone Consolidated
TTM EPS (₹) 4.3 0.1
TTM Sales (₹ Cr.) 833 42
BVPS (₹.) 31.7 0
Reserves (₹ Cr.) 145 23
P/BV 4.29 0.00
PE 31.65 962.85
From the Market
52 Week Low / High (₹) 112.00 / 258.95
All Time Low / High (₹) 0.56 / 258.95
Market Cap (₹ Cr.) 736
Equity (₹ Cr.) 27
Face Value (₹) 5
Industry PE 13.4

Management X-Ray of Maan Aluminium:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Maan Aluminium

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales111190349447652524403572814953
Operating Expenses 107185341434634512378539743908
Manufacturing Costs88911121517283428
Material Costs93170320407605478341473632835
Employee Cost 34667910111615
Other Costs 2361091111276130
Operating Profit 45813181225337145
Operating Profit Margin (%) 3.3%2.7%2.3%2.9%2.8%2.4%6.1%5.7%8.8%4.7%
Other Income 1155542558
Interest 3466654554
Depreciation 1122223345
Exceptional Items 0000000000
Profit Before Tax 0151014920306744
Tax 002352581711
Profit After Tax 01369815225033
PAT Margin (%) 0.3%0.3%0.9%1.4%1.4%1.4%3.7%3.8%6.1%3.4%
Adjusted EPS (₹)0.10.10.61.21.71.42.74.19.26.1
Dividend Payout Ratio (%)0%28%10%11%7%9%5%6%8%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 2727303543506484130163
Share Capital 3337777141427
Reserves 2324262937435771117136
Minority Interest0000000000
Debt20556840533072655531
Long Term Debt0333333310
Short Term Debt20526537502669615431
Trade Payables16323219414113021
Others Liabilities 35661081011109
Total Liabilities 659010611312692160171225225

Fixed Assets

Gross Block34352326323748596977
Accumulated Depreciation1415235811141823
Net Fixed Assets20202123272937455154
CWIP 0000000012
Investments 0000000015
Inventories17161610111633373540
Trade Receivables184359688238627311689
Cash Equivalents 11132211221
Others Assets99894617142035
Total Assets 659010611312692160171225225

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 3-31-736-430-19152933
PBT 0151014920306744
Adjustment 44575778135
Changes in Working Capital -1-36-1723-1916-41-16-32-4
Tax Paid 00-1-3-5-3-4-6-18-11
Cash Flow From Investing Activity -1-111-3-2-12-7-10-6
Capex -1-2-3-3-7-4-11-12-10-9
Net Investments 00000000-1-4
Others 014442-1406
Cash Flow From Financing Activity -2326-356-2838-14-19-27
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -13000000-2-1
Interest Paid -3-4-6-6-6-5-4-5-5-4
Dividend Paid 00-1-1-1-1-1-1-40
Others 13312-2813-2342-8-8-23
Net Cash Flow 0102-106-600
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)1.052.2611.5419.7423.2916.1425.9129.6246.5622.33
ROCE (%)6.757.4812.4618.0824.3315.6621.9824.254325.05
Asset Turnover Ratio1.932.563.664.135.494.953.243.54.144.31
PAT to CFO Conversion(x)N/A-31-2.336-0.443.75-1.270.680.581
Working Capital Days
Receivable Days47565252424145424239
Inventory Days513116106922221614
Payable Days28122151599101211

Maan Aluminium Ltd Stock News

Maan Aluminium Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Maan Aluminium on 20-Dec-2024 16:59 is ₹136.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Maan Aluminium stood at ₹735.5.
The latest P/E ratio of Maan Aluminium as of 20-Dec-2024 16:59 is 31.65.
The latest P/B ratio of Maan Aluminium as of 20-Dec-2024 16:59 is 4.29.
The 52-week high of Maan Aluminium is ₹258.9 and the 52-week low is ₹112.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Maan Aluminium is ₹832.6 ( Cr.) .

About Maan Aluminium Ltd

Man Aluminum,incorporated in 1988 is a secondary producer of Aluminum in India. The company is a part of The Man Group and is demerged from Man (India) Industries Limited with effect from March 24, 2007.

It was incorporated with a project to manufacture Aluminium Extrusions. In a record time of 11 months the company commenced commercial production & today has the distinction of being India's largest manufacturer & exporter of Aluminium Extruded Products, comprising 50% of the country's exports.

Man (India) Industries is a leading manufacturer and exporter of large diameter Carbon Steel Line Pipes for various high pressure transmission applications for Gas, Crude Oil, Petrochemical Products and Potable Water. With operations in India, US, Europe, UAE and South East Asia, Man (India) Industries a listed company on Indian bourses continues to seek improvement in its business, having set benchmarks to grades as standards in Aluminum and SAW Pipe manufacturing.

Products manufactured by the company includes:

The Company offers a range of aluminum extrusions for electric control panels in various sizes and shapes used in electric devices and switchgears in various specifications. It also manufactures aluminum fences that are used in malls and other buildings.

The products of the company are used in :

  • Automobiles
  • Automation
  • AirConditioning
  • Architectural
  • Building & Construction
  • Carpet Profiles
  • Curtain Wall
  • Doors
  • Electrical
  • Electronics
  • Heavy Engineering
  • Hinge / Handle
  • HeatSinks
  • Irrigation
  • Ladder Profiles
  • Lighting
  • Luggage
  • Road Transport
  • Scaffolding
  • Shutter
  • Syntex
  • Textiles
  • Ventilation
  • Windows

Achievements/ recognition:

  • It is an ISO 9001/14001/18001 accredited company.
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