Maan Aluminium

Maan Aluminium enters power generation with overwhelming shareholder approval
29 JUL 20262MINS

Maan Aluminium enters power generation with overwhelming shareholder approval

Maan Aluminium Limited has secured overwhelming shareholder approval to expand its business into power generation, paving the way for the company to formally include renewable and conventional energy activities within its corporate objectives. Through a postal ballot conducted via remote e-voting, shareholders approved two special resolutions with 99.9976 per cent of votes cast in favour, including an amendment to the company's Memorandum of Association (MOA) and the appointment of a new Independent Director. Solar power supports aluminium operations The approved MOA amendment allows Maan Aluminium to generate, manufacture, transmit and distribute electricity from multiple sources, including solar, wind, hydro, tidal, nuclear and hydrocarbon fuels, for captive use or commercial purposes....

06 JUN 20266MINS

From record profits and EV demand shifts to giga-casting: Key developments in aluminium's downstream markets

The downstream and end-user segments of the aluminium industry delivered a diverse mix of developments, ranging from corporate earnings and infrastructure-led demand growth to changing electric vehicle sales patterns and new manufacturing technologies. Aluminium processors benefited from stronger prices in several regions, automakers continued increasing the metal's role in vehicle design, and innovations in casting and packaging highlighted how aluminium applications are evolving beyond traditional markets. At the same time, supply-chain concerns and regional demand shifts underscored the challenges facing some of the industry's largest consumers. Earnings diverge across downstream aluminium companies Recent corporate results showed that while higher aluminium prices supported several...


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Maan Aluminium reports 55.5% decline in Q4 profit amid valuation concerns and cautious market outlook
Downstream01 JUN 2026

Maan Aluminium reports 55.5% decline in Q4 profit amid valuation concerns and cautious market outlook

Maan Aluminium is entering a phase where improving technical momentum is colliding with softer earnings performance, leaving investors with a divided outlook on the stock’s near-term direction. The company’s latest quarterly numbers reflected a visible slowdown in profitability. For Q4 FY25-26, profit after tax (PAT) stood at INR 17 million (USD 178000), down 55.5 per cent compared with the average of the previous four quarters. PBDIT dropped to INR 16.4 million (USD 172000), while the operating profit-to-net sales ratio weakened to 0.64 per cent, marking one of the softer quarterly performances seen in recent periods. Despite the weak earnings trend, technical indicators continue to present a mixed picture. Weekly and monthly MACD indicators remain bullish, signalling underlying medium-...

Maan Aluminium reports weaker quarterly profit, while long-term stock performance stays strong
Downstream13 MAY 2026

Maan Aluminium reports weaker quarterly profit, while long-term stock performance stays strong

Maan Aluminium Limited is showing signs of a sideways market trend after earlier bearish movements, according to recent technical and financial indicators. Weekly MACD indicators stay bearish, and monthly indicators continue to show mild weakness. Daily moving averages have turned mildly bullish, suggesting some short-term recovery in price movement. The Know Sure Thing (KST) is bearish on weekly charts but bullish on monthly charts, showing mixed momentum across timeframes. Bollinger Bands signal mild bearishness on both weekly and monthly charts, and the Relative Strength Index (RSI) does not show a clear direction. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” Indicators...

MAAN Aluminium strengthens the board with Karan Bhatia’s strategic appointment
Downstream01 APR 2026

MAAN Aluminium strengthens the board with Karan Bhatia’s strategic appointment

MAAN Aluminium Limited, the manufacturer and trader of aluminium profiles, made an announcement of expanding its leadership team by adding a new member. The firm appointed Mr Karan Bhatia as an Additional Non-Executive Independent Director. This new appointment aligns with the firm's commitment to strengthening its foundations and steering it towards continued success. The appointment of Mr Karan Bhatia as an Additional Non-Executive Independent Director was approved by the Board of Directors, acting on the recommendations of the Nomination and Remuneration Committee. Also read: AMS Advanced Material limits aluminium price impact even during market volatility This appointment, which is subject to shareholder approval within the next three months, will be effective from April 1, 2026 and...

Maan Aluminium Q3 FY26 revenue drops to ₹1.5B, capacity expansion and value-add push drive margin roadmap
Downstream27 FEB 2026

Maan Aluminium Q3 FY26 revenue drops to ₹1.5B, capacity expansion and value-add push drive margin roadmap

Image generated by AI for representational purpose Maan Aluminium announced its Q3 FY26 results, with the numbers reflecting a tougher third quarter even as the company continues to reshape its business model. Revenue declined quarter-on-quarter from INR 1.91 billion in Q2 FY26 to INR 1.52 billion in Q3 FY26, reflecting weaker trading volumes and subdued export demand in the December quarter. On a year-on-year basis, revenue was down 6.96 per cent in Q2 and 16 per cent in Q3. EBITDA moderated sequentially from INR 113 million in Q2 to INR 70 million in Q3. While EBITDA had grown 29.89 per cent Y-o-Y in Q2 and 16 per cent Y-o-Y in Q3, the quarter-on-quarter decline reflects lower operating scale. EBITDA margin in Q3 stood at around 5 per cent, with improvements in manufacturing mix and...

Maan Aluminium appoints Suresh Babu D as vice president for extrusion sales and marketing
Downstream26 JAN 2026

Maan Aluminium appoints Suresh Babu D as vice president for extrusion sales and marketing

Maan Aluminium Limited, for its Extrusion Sales & Marketing division, has named Sured Babu D as the new Vice President. By appointing him, the firm is moving its leadership focus to higher sustainable growth in the aluminium extrusion market, especially in sectors like industrial engineering and Building & Construction (B&C). In the role of Vice President, Suresh Babu D is expected to take charge of generating higher sales, marketing and developing customer engagement strategies by shifting the focus mainly on making value-added aluminium extruded products, which directly links with the company's expansion and overall growth initiatives. Also read: Metro Mining: Changes to executive leadership team The firm’s new Vice President, given his vast knowledge about the aluminium extrusion...

2025 recap: The year-long run of major aluminium extrusion projects
Downstream03 JAN 2026

2025 recap: The year-long run of major aluminium extrusion projects

As 2025 has made an exit with 2026 endeavours coming into practice, the aluminium extrusion market witnessed a steady Y-o-Y growth. The global demand approximately reached 34.3 million tonnes in 2024 , against almost 49.9 million tonnes of annual installed capacity. Accounting for about two-thirds of global extrusion output, China dominates the industry. Globally, there has been an increased shift of extruders towards green billets and recycled or post-consumer scrap billets, while simultaneously investing in larger extrusion presses. The industry comprises over 1,600 extrusion companies worldwide . According to the data analysis by AL Circle , the transport and industrial sectors saw the steepest growths in aluminium extrusion demand, of 4.74 and 4.54 per cent, respectively . It...

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