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Maan Aluminium Q2 FY26 results (Jul–Sep 2025) and concall

Metals & Mining · Concall AI · Call held 17 Nov 2025

Maan Aluminium reported Q2 FY26 revenue of ₹191 crores and operating profit of ₹7.96 crores, showing signs of recovery after a slowdown. The company has significantly expanded its extrusion capacity to 24,000 tons per annum and is investing heavily in value-added products and precision manufacturing, including a new strategic plant in Dewas. Despite a temporary drop in utilization to 27-28% and reduced EBITDA margins, management is highly optimistic about future growth, targeting 5x numbers and 15-18% EBITDA margins within 3-5 years.

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What they filed

Q2 FY26: revenue down 7.0%, net profit up 12.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue205 182 246 211 191 −7%
EBITDA8 5 8 5 8 +5%
Net profit5 3 4 3 6 +12%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.