Maan Aluminium Ltd Stock Analysis

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

BSE Share Price May 20, 18:01
138.75 13.15 (10.47%)

DeciZen - Make an Informed Decision on Maan Aluminium

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Overvalued

3. Price Trend

FAQs

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 below 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.

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 not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 4%5%5.6%4.2%5.9%8%11.6%15.2%11.4%15.6%-
Value Creation Index -0.7-0.6-0.6-0.7-0.6-0.4-0.20.1-0.20.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 11692.5104111190349447652524403572
YoY Gr. Rt. %--20.3%12.2%6.5%72.2%83.4%28.1%45.8%-19.6%-23.1%-
Adj EPS 0.30.10.200.82.24.46.3510.516.3
YoY Gr. Rt. %--59.4%69.2%-86.4%2533.3%173.4%102.8%44.1%-20.8%109.2%-
BVPS (₹) 19.519.820.119.619.92226.132.137.147.462.4
Adj Net Profit 0.40.20.301.12.95.98.56.814.122
Cash Flow from Ops. 6.42.2-1.33.2-30.7-7.436.1-4.430.5-19.5-
Debt/CF from Ops. 1.66.9-15.36.1-1.8-9.21.1-12.11-3.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14.8%16.2%-3.4%-23.1%
Adj EPS 47.3%67.6%33.7%109.2%
BVPS 10.418.921.927.8
Share Price 32.8% 35% 47.3% 46.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 1.70.61.10.2410.318.221.714.424.829.6
Op. Profit Mgn % -0.444.23.332.32.92.82.46.15.7
Net Profit Mgn % 0.40.20.300.60.81.31.31.33.53.8
Debt to Equity 0.40.60.70.72.12.31.11.20.61.10
Working Cap Days 84119117123103776951537787
Cash Conv. Cycle 6587777475664733425831

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 29.60%

Net Profit is growing at healthy rate in last 3 years 33.67%

Sales growth is good in last 4 quarters at 65.22%

Sales growth has been subdued in last 3 years -3.41%

Debt to equity has increased versus last 3 years average to 1.13

Latest Financials - Maan Aluminium Ltd.

Standalone Consolidated
TTM EPS (₹) 16.3 0.6
TTM Sales (₹ Cr.) 572 42
BVPS (₹.) 62.4 0
Reserves (₹ Cr.) 71 23
P/BV 2.22 0.00
PE 8.54 232.48
From the Market
52 Week Low / High (₹) 88.50 / 230.00
All Time Low / High (₹) 2.25 / 230.00
Market Cap (₹ Cr.) 188
Equity (₹ Cr.) 13.5
Face Value (₹) 10
Industry PE 6.8

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

Analyst's Notes

News

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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