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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Maan Aluminium Limited is an India-based aluminum extrusion company. The Company is engaged in the business of manufacturing and trading of aluminum profiles, anodizing and fabrication of profiles, aluminum ingots, aluminum billets and other related activities. Its product…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, fully valued — but flagged on governance.
MAAN ALUMINIUM is scored on the commodity / cyclical framework. It keeps a thin 1.6% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.37× reported profit. Free cash flow is worth about -6.9% of its market value.
Over the last 3 years revenue compounded at 0%/yr and profit at -36%/yr. Book value itself has compounded 28%/yr — the hallmark of a genuine compounder. Return on equity is a weak 2.9%. In the latest quarter profit grew 82% versus the prior quarter.
At 43× earnings, the stock sits at the 71st percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price asks for only ~-1%/yr growth over a decade — undemanding expectations. The forensic screen raises a red flag: 59% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 9.51 | 8.69 | worse |
| P/B | 0.28 | — | — |
| EV/EBITDA | 2.14 | — | — |
| ROE | 2.9 | 9.98 | worse |
| ROCE | 5.62 | 9.16 | worse |
| ROA | 2.73 | 2.62 | better |
| Quick Ratio | 2.12 | 3.65 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Hindustan Zinc | 11.5 | 8.0 | 69.5% |
| Hindalco Industries | 13.1 | 1.6 | 12.8% |
| Vedanta Aluminium Metal | 6.8 | 6.4 | 80.1% |
0% CAGR — growing but slowly. Growth is accelerating — latest year outpaced the prior year's rate.
Revenue is outpacing profit (0% vs -36%) — costs are rising faster than the top line.
Operating margin has compressed from 8% to 2% — costs or competition are eating into profitability. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 5% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 34pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -37% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.4× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 10% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (41% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 41% above earlier ones.
Profit jumped 82% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 55.8% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.