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Last Updated on: 27 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Maan Aluminium Ltd

About the Company - Maan Aluminium Ltd

Maan Aluminium Ltd. is a Public Limited Listed company incorporated on 08/07/2003 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L30007DL2003PLC214485 and registration number is 214485. Currently Company is involved in the business activities of Manufacture of basic precious and other non-ferrous metals. Company’s Total Operating Revenue is Rs. 572.29 Cr. and Equity Capital is Rs. 13.52 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Aluminium4/5, 1st Floor, New Delhi Delhi 110002info@maanaluminium.in
http://www.maanaluminium.in
Management
NamePosition Held
Mr. Ravinder Nath JainChairman & Managing Director
Mr. Ashish JainExecutive Director
Ms. Priti JainPromoter Women Director
Mr. Rajpal JainIndependent Director
Mr. Suresh Chander MalikIndependent Director
Mr. Amit JainIndependent Director
Mr. Rajesh JainIndependent Director

Basic Stock Data of Maan Aluminium Ltd

Last Updated: July 26, 2024, 10:24 pm

Market Cap 753 Cr.
Current Price 139
High / Low176/63.0
Stock P/E23.0
Book Value 30.2
Dividend Yield0.54 %
ROCE24.9 %
ROE22.3 %
Face Value 5.00
PEG Ratio0.58

Data Source: screener.in

Competitors of Maan Aluminium Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Bothra Metals & Alloys Ltd 18.0 Cr. 9.7117.8/5.5662.0 9.290.00 %3.41 %1.71 % 10.0
National Aluminium Company Ltd 34,827 Cr. 190210/86.219.8 79.32.37 %17.0 %12.7 % 5.00
MMP Industries Ltd 843 Cr. 332338/18324.1 1140.30 %13.4 %11.6 % 10.0
Manaksia Aluminium Company Ltd 215 Cr. 33.146.0/22.042.2 19.80.15 %9.85 %3.99 % 1.00
Maan Aluminium Ltd 753 Cr. 139176/63.023.0 30.20.54 %24.9 %22.3 % 5.00
Industry Average11,961.67 Cr141.2037.0355.600.71%10.92%7.50%6.50

Maan Aluminium Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales96.53163.27120.70158.15164.44129.00173.16188.20189.62262.87207.36295.30212.97
Expenses89.12154.73113.16150.75157.74117.79160.96169.50170.03242.07193.95284.24202.11
Operating Profit7.418.547.547.406.7011.2112.2018.7019.5920.8013.4111.0610.86
OPM %7.68%5.23%6.25%4.68%4.07%8.69%7.05%9.94%10.33%7.91%6.47%3.75%5.10%
Other Income0.560.591.601.000.761.891.061.341.261.502.161.551.52
Interest1.051.171.431.241.131.081.001.340.991.620.880.811.19
Depreciation0.850.820.830.840.900.900.981.061.111.321.121.161.18
Profit before tax6.077.146.886.325.4311.1211.2817.6418.7519.3613.5710.6410.01
Tax %24.71%26.33%24.42%25.79%27.81%26.53%25.53%25.74%25.28%25.31%25.20%25.94%25.67%
Net Profit4.575.265.204.693.928.178.4013.1014.0114.4610.157.887.44
EPS in Rs0.850.970.960.870.731.511.562.432.592.681.881.461.38

Last Updated: July 10, 2024, 7:22 pm

Maan Aluminium Ltd Quarterly Chart

Maan Aluminium Ltd Profit & Loss

Last Updated: July 10, 2024, 7:22 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales11592103110190349447652524403572814978
Expenses1128898107185341434634512378539743922
Operating Profit34545813181224337156
OPM %3%4%5%3%3%2%3%3%2%6%6%9%6%
Other Income0111155542557
Interest1333466654554
Depreciation1221122223345
Profit before tax1100151014920306754
Tax %29%40%-11%35%35%36%34%36%17%26%26%25%
Net Profit00001369815225040
EPS in Rs0.070.070.080.050.110.601.191.701.402.744.079.257.40
Dividend Payout %0%0%0%0%28%10%11%7%9%6%6%8%

Maan Aluminium Ltd Profit & Loss Yearly Chart

Maan Aluminium Ltd Growth

Compounded Sales Growth
10 Years:25%
5 Years:8%
3 Years:33%
TTM:17%
Compounded Profit Growth
10 Years:54%
5 Years:29%
3 Years:30%
TTM:-35%
Stock Price CAGR
10 Years:57%
5 Years:72%
3 Years:42%
1 Year:43%
Return on Equity
10 Years:25%
5 Years:29%
3 Years:32%
Last Year:22%

Last Updated: July 26, 2024, 4:54 pm

Maan Aluminium Ltd Balance Sheet

Last Updated: July 10, 2024, 7:22 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital3333337777141427
Reserves2323242324262937435771117121
Borrowings10151920556840533173665646
Other Liabilities131811198838291123213824
Total Liabilities496058659010611312692160171225219
Fixed Assets12222120202123272937455152
CWIP7000000000010
Investments0000000000012
Other Assets303736456984919863123126173164
Total Assets496058659010611312692160171225219

Maan Aluminium Ltd Reserves and Borrowings Chart

Maan Aluminium Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days496344598262564627574652
Inventory Days3573716735189612352920
Days Payable36733562632912315917
Cash Conversion Cycle4763796411177364136776655
Working Capital Days5071878912081423934826760
ROCE %6%8%8%7%7%12%18%24%16%22%24%43%

Maan Aluminium Ltd Financial Efficiency Indicators Chart

Maan Aluminium Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters65.32%65.32%65.32%65.54%66.04%66.04%66.04%66.04%65.38%60.71%60.71%58.87%
FIIs0.00%0.15%0.16%0.02%0.00%0.23%0.24%0.48%0.67%0.18%0.15%0.27%
DIIs0.00%0.01%0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public34.68%34.53%34.53%34.43%33.96%33.72%33.72%33.48%33.94%39.08%39.13%40.86%
No. of Shareholders16,98320,10519,61920,13019,92120,21319,57519,38523,35527,18726,61827,842

Maan Aluminium Ltd Shareholding Pattern Chart

No. of Maan Aluminium Ltd Shareholders

This stock is not held by any mutual fund

Maan Aluminium Ltd ROCE Trend

Maan Aluminium Ltd EPS Trend

Maan Aluminium Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue5.0010.0010.0010.0010.00
Basic EPS (Rs.)6.0636.9616.2621.8911.17
Diluted EPS (Rs.)6.0636.9616.2621.8911.17
Cash EPS (Rs.)6.9240.2618.8226.6214.82
Book Value[Excl.RevalReserv]/Share (Rs.)30.1696.3562.4094.7574.16
Book Value[Incl.RevalReserv]/Share (Rs.)30.1696.3562.4094.7574.16
Dividend / Share (Rs.)0.003.001.001.001.00
Revenue From Operations / Share (Rs.)176.23601.91423.26595.92775.36
PBDIT / Share (Rs.)9.6856.5428.1839.8724.03
PBIT / Share (Rs.)8.8153.2325.6135.1420.38
PBT / Share (Rs.)8.1349.5822.0029.4013.53
Net Profit / Share (Rs.)6.0636.9616.2521.8911.17
PBDIT Margin (%)5.499.396.656.693.09
PBIT Margin (%)4.998.846.055.892.62
PBT Margin (%)4.618.235.194.931.74
Net Profit Margin (%)3.436.143.843.671.44
Return on Networth / Equity (%)20.0838.3526.0423.0915.05
Return on Capital Employeed (%)28.5453.3237.9533.6224.36
Return On Assets (%)14.5422.2212.829.238.20
Long Term Debt / Equity (X)0.000.010.030.040.06
Total Debt / Equity (X)0.190.420.761.130.59
Asset Turnover Ratio (%)4.244.113.453.194.82
Current Ratio (X)2.551.901.551.351.71
Quick Ratio (X)1.871.521.090.981.26
Inventory Turnover Ratio (X)4.986.065.204.737.40
Dividend Payout Ratio (NP) (%)0.008.116.154.5610.79
Dividend Payout Ratio (CP) (%)0.007.455.313.758.13
Earning Retention Ratio (%)0.0091.8993.8595.4489.21
Cash Earning Retention Ratio (%)0.0092.5594.6996.2591.87
Interest Coverage Ratio (X)14.2215.457.806.943.51
Interest Coverage Ratio (Post Tax) (X)9.9011.105.504.812.63
Enterprise Value (Cr.)773.23287.28245.59165.3246.74
EV / Net Operating Revenue (X)0.810.350.420.410.08
EV / EBITDA (X)14.783.766.456.132.88
MarketCap / Net Operating Revenue (X)0.770.280.310.250.03
Retention Ratios (%)0.0091.8893.8495.4389.20
Price / BV (X)4.551.802.161.620.38
Price / Net Operating Revenue (X)0.770.280.310.250.03
EarningsYield0.040.210.120.140.38

Maan Aluminium Ltd Profitability Ratios (%)

Maan Aluminium Ltd Liquidity Ratios

Maan Aluminium Ltd Liquidity Ratios (%)

Maan Aluminium Ltd Interest Coverage Ratios (%)

Maan Aluminium Ltd Valuation Ratios

Fair Value

Fair Value: 155.73

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 12.04% compared to the current price 139

Intrinsic Value: 217.27

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 56.31% compared to the current price 139

Last 5 Year EPS CAGR: 39.51%

*Investments are subject to market risks

Strength and Weakness of Maan Aluminium Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 16.25%, which is a positive sign.
  2. The company has higher reserves (50.83 cr) compared to borrowings (44.08 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (411.46 cr) and profit (16.31 cr) over the years.
  1. The stock has a high average Working Capital Days of 68.50, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 62.67, which may not be favorable.

FAQ

What is the latest fair value of Maan Aluminium Ltd?

The latest fair value of Maan Aluminium Ltd is ₹155.73.

What is the Market Cap of Maan Aluminium Ltd?

The Market Cap of Maan Aluminium Ltd is 753 Cr..

What is the current Stock Price of Maan Aluminium Ltd as on 27 July 2024?

The current stock price of Maan Aluminium Ltd as on 27 July 2024 is 139.

What is the High / Low of Maan Aluminium Ltd stocks in FY 2024?

In FY 2024, the High / Low of Maan Aluminium Ltd stocks is 176/63.0.

What is the Stock P/E of Maan Aluminium Ltd?

The Stock P/E of Maan Aluminium Ltd is 23.0.

What is the Book Value of Maan Aluminium Ltd?

The Book Value of Maan Aluminium Ltd is 30.2.

What is the Dividend Yield of Maan Aluminium Ltd?

The Dividend Yield of Maan Aluminium Ltd is 0.54 %.

What is the ROCE of Maan Aluminium Ltd?

The ROCE of Maan Aluminium Ltd is 24.9 %.

What is the ROE of Maan Aluminium Ltd?

The ROE of Maan Aluminium Ltd is 22.3 %.

What is the Face Value of Maan Aluminium Ltd?

The Face Value of Maan Aluminium Ltd is 5.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Maan Aluminium Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE