Maan Aluminium logo

Maan Aluminium share price

NSE: MAANALUBSE: 532906Non - Ferrous MetalsSmall Cap

Formerly Man Aluminium
Last close ₹88.27down ₹6.35 (6.71%)BSE ₹89.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹94.62.

52-week range of traded prices to 23 Oct 2026
₹86.72Low, 23 Oct 2026₹184.74High, 18 Dec 2025
Market cap
₹529 Cr1,602nd largest listed
P/E
37.7
P/B
1.9
Dividend yield
Nonein the last 12 months
ROE
6.2%
ROCE
3.9%
Debt to equity
0.20
Volume, NSE
1,14,24660.4% delivered

Share price

Daily closes since Oct 2007, adjusted for splits and bonuses

−31.1%over a year · Nifty 500 −9.8%

Results20-session average 59,687 shares a day, 59.7% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹232 Crdown 8.92%
Net profit
₹3.73 Crup 119.41%
Net margin
1.6%

Revenue by year

Peak revenue ₹953 Cr, year to Mar 2024

Net profit by year, a loss in red

₹ croreSep 2024Filed 14 NovDec 2024Filed 4 FebMar 2025Filed 25 JunJun 2025Filed 13 AugSep 2025Filed 15 NovDec 2025Filed 12 FebMar 2026Filed 30 MayJun 2026Filed 13 Aug
Revenue205182246211191152255232
Net profit53436324
Net margin2.5%1.7%1.6%1.3%3.0%1.9%0.7%1.6%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, ALUMINIUM, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 85% of 2,478 trading days over the last 10 years.

LowestHighest
Its median11.7Industry median17.0
Price to book

At or below today's level on 33% of 1,880 trading days since Nov 2018.

LowestHighest
Its median2.5Industry median2.2
EV to EBITDA26.6

At or below today's level on 85% of 1,880 trading days since Nov 2018.

LowestHighest
Its median8.5Industry median8.2
Dividend yield

At or below today's level on 36% of 2,480 trading days over the last 10 years.

LowestHighest
Its median0.62%Industry median0.52%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+58.5%−24.3%+109.3%0.0%
3 years+40.6%−38.3%+127.8%0.0%
5 years+44.9%−4.5%+51.3%0.5%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters55.82%
  • Foreign institutions0.05%
  • Indian institutions1.59%
  • Individuals and others42.54%
Holder
RAVINDER NATH JAINPromoter37.08%
ALKA JAINPromoter9.37%
PRITI JAINPromoter4.69%
DIPTI JAINPromoter4.68%
SHANTI CAPINVEST PRIVATE LIMITEDCompanies2.08%
JATINDER JAGDISHRAI AGARWALResident individuals, over ₹2 lakh at face value2.07%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

The filing reports 16,46,500 of its 5,99,84,864 shares locked in.

Peers and competitors

Aluminium, 17 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Maan Aluminium in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
National Aluminium Company logoNational Aluminium CompanyNATIONALUM55,4208.22.65.1+9.0%+17.8%34.3%38.9%3.81%
Arfin India logoArfin IndiaARFIN1,42077.08.331.0––11.3%15.0%0.14%
MMP Industries logoMMP IndustriesMMP1,111–3.217.7+21.4%––11.5%0.46%
Msafe Equipments logoMsafe EquipmentsMSAFE547–5.6–––––0.00%
Jainik Power Cables logoJainik Power CablesJAINIK22315.92.6–––16.5%–0.00%
P.G.Foils logoP.G.FoilsPGFOILQ215–0.7–−18.6%−114.6%−1.0%–0.00%
Manaksia Aluminium Company logoManaksia Aluminium CompanyMANAKALUCO18320.71.38.2+1.3%+28.4%6.4%10.3%0.18%
Palco Metals logoPalco MetalsPALCO81–4.57.9+26.8%––26.7%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.75 a share, year to Mar 2023.
Ex-dateTypePer share
16 Feb 2023Interim₹1.00
18 Nov 2022Interim₹1.00
12 Aug 2022Interim₹1.00
18 Feb 2022Interim₹1.00
19 Nov 2020Interim₹1.00
18 Feb 2020Interim₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

  1. Sep 2026

  2. Aug 2026

Maan Aluminium share price by year

Each calendar year to 2025.Maan Aluminium share price history

YearClose at year endChangeHighest closeLowest close
2025161.67+30.5%170.9876.25
2024123.91−12.9%250.67114.23
2023142.30+239.4%148.7041.63
202241.93+41.8%50.3525.44
202129.58+106.8%56.1312.56
202014.30+102.8%14.302.98
20197.05−44.9%12.896.99
201812.79−27.5%22.2812.07
201717.65+264.4%20.084.73
20164.84+136.3%5.761.67
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202694.5894.6286.7288.2789.101,14,24660.4%
22 Oct 202698.3098.3092.0294.6294.3542,65044.7%
21 Oct 2026102.00102.0094.0095.8496.5950,80362.1%
19 Oct 2026103.00103.0097.8098.7699.5933,00668.6%
16 Oct 2026100.00101.0098.82100.34100.3312,36154.3%
15 Oct 2026103.95103.9599.80100.52101.0239,20053.5%
14 Oct 202698.05105.1298.05103.71103.3281,90656.0%
13 Oct 2026100.77100.7797.7599.0998.7291,23175.3%
12 Oct 2026102.00103.99100.05100.72102.0133,97957.7%
9 Oct 2026100.89103.0098.00102.47101.6446,35468.8%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
27 Jul 2023Bonus0.5000Holders received 1 bonus share for every 1 held.
27 Jul 2023Split0.5000Each share became 2.
2 Aug 2021Bonus0.5000Holders received 1 bonus share for every 1 held.
10 Jul 2017Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Maan Aluminium Limited
NSE symbol
MAANALU
BSE code
532906
ISIN
INE215I01027
Industry
Non - Ferrous Metals
Listed
Oct 2007
Face value
₹5
Former symbols
MANALU
CIN
L30007DL2003PLC214485
Corporate identity number, the registrar of companies' code for it