Maan Aluminium Limited · NSE:MAANALU
Maan Aluminium — Q3 FY26 Earnings Presentation
30 slides from Maan Aluminium's earnings presentation, Feb 16, 2026
Slide 1: Regulation 30 disclosure cover letter
16th February, 2026 To, To, Manager Manager Dept. of Corporate Services Dept. of Corporate Services Bombay Stock Exchange Limited The National Stock Exchange of India Limited Phiroze Jeejeebhoy Tower, Exchange Plaza, Dalal Street, Mumbai – 400001 Bandra Kurla Complex, Bandra, Mumbai – 400051 Fax:022
Slide 2: Transforming into a high value-add aluminium convertor
Transforming into a high value-add aluminium convertor Earnings Presentation Q3 FY26 | February 2026 Maan Aluminium Limited NSE: MAANALU | BSE: 532906 | Bloomberg: MALU:IN
Slide 3: Inside
Inside About the Company Q3 & 9MFY26 03-19 Earnings Update Maan at a Glance 03 21-24 Milestones & Evolution 04 Q3 & 9MFY26 Performance Product Portfolio 05 Highlights 21 Application Spectrum 06 Business Vertical Performance 22 Marquee Clientele 07 P&L Snapshot 23 Manufacturing Prowess 08 Transformat
Slide 4: Maan at a Glance
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 03 Maan at a Glance One of India’s leading manufacturers and XX// Among Indi a’s l arges t XX// 700+ committe d employe e s, XX// Export presenc e in over 6 exporters of aluminium extrusion products, ma
Slide 5: Milestones & Evolution
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 04 Milestones & Evolution Becoming an advanced aluminium extrusion company Value-Addition & Quality Excellence 2021 Commissioned new anodizing line, enhancing surface treatment Manufacturing Journey & C
Slide 6: Product Portfolio
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 05 Product Portfolio Catering to a Product capabilities added wide-spectrum of products with recent expansion Hardware profiles for: 1 2 3 4 5 6 7 8 1 2 3 Aerospace Defence Automotive Products across fo
Slide 7: Application Spectrum
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 06 Application Spectrum Diversified industrial applications across multiple sectors Construction Automobiles Solar Agriculture Architecture Defence Railways Electrical & Electronics Medical Heavy Engine
Slide 8: Marquee Clientele: Across Application Spectrum
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 07 Marquee Clientele: Across Application Spectrum Auto/Mobility/ Lighting/ Defence/Atomic Infra/Realty Others Railways Architectural Research
Slide 9: Manufacturing Prowess (1/2)
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 08 Manufacturing Prowess (1/2) Manufacturing Facilities Fully Integrated Core Manufacturing Infrastructure Primary Capacities 1 Pithampur Unit I Hot Top Billet End-to-End Advanced 2 furnaces: 8MT & Cast
Slide 10: Manufacturing Prowess (2/2)
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 09 Manufacturing Prowess (2/2) State-of-Art Die Shop • Complete Tooling Solutions • CAD-CAM Design Facility - Latest design and drawing capabilities • Advanced CNC Equipment - Wire Cut, CNC Milling, Spa
Slide 11: Transformation CAPEX @ Pithampur Unit I
01/ / A B O UT THE CO MPA N Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 10 Transformation CAPEX @ Pithampur Unit I New Italian Extrusion Line Extrusion Capacity Expansion (in TPA) ₹34 crores ~₹10 crores FY25 24,000 Total Budgeted CAPEX Additional yearly FY24 10,000 opera
Slide 12: Dewas Plant Acquisition
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 11 Dewas Plant Acquisition Strategic Expansion Through Asset Acquisition Transaction Overview Current Status • Location: Dewas Industrial Area-I, A B • Complete plant modernisation & Road, Dewas, Madhya
Slide 13: CAPEX Tracker: Next 3 Years
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 12 CAPEX Tracker: Next 3 Years (In ₹ Crore) CAPEX Category FY25 (A) FY26 (P) FY27 (P) FY28 (P) Total (P) CAPEX Allocation Over Different Units (In %) 1. Existing Pithampur Unit • New Italian Press 34 -
Slide 14: Quality-First Approach
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 13 Quality-First Approach Over 3 decades, Maan Aluminium has INTERNATIONAL QUALITY CERTIFICATIONS become synonymous with quality & reliability in the aluminium extrusion industry. WORLD-CLASS TESTING IN
Slide 15: Competitive Manufacturing Advantages
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 14 Competitive Manufacturing Advantages Complete Technical Integration Expertise Reduced dependencies Significant expansion and enhanced quality potential with existing control setup Unique Advanced Sca
Slide 16: Geographical Footprint
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 15 Geographical Footprint 06 04 K E Y E X P O R T M AR K E T S M ANU F ACT U R I NG F ACI L I T I E S 1. United States of America 4. United Kingdom 1. Unit I – Pithampur, MP 2. United Arab Emirates 5. Q
Slide 17: Board of Directors
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 16 Board of Directors Mr. Ravinder Nath Jain Mr. Ashish Jain Mrs. Priti Jain Mr. Naveen Gupta Chairman & Managing Director Executive Director Promoter Director Director & COO 4 8 + Y E AR S O F E X P E
Slide 18: Senior Leadership
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 17 Senior Leadership 12+ 34+ 33+ <1 1+ 12+ Umesh Chandra Pant Nankishore Holey Neeraj Goel Chief Financial Officer Head Operations Head Commercial 15+ 15+ 1+ 11+ Vishesh Kaithwas Pooja Arrora Work Exper
Slide 19: Investment Thesis
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 18 Investment Thesis Strategic CAPEX Delivering Upcoming Market Positioning Favourable Market Capability & Capacity Expansion Units for High-Value Dynamics Applications + + + Increas ed capacit y fro m
Slide 20: Awards & Recognition
01/ / ABOUT TH E COM PAN Y MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 19 Awards & Recognition "Bharat Shiromani Award-2019" "Certificate of Excellence in Awarded as "Top Exporter of Madhya By Lord Swaraj Paul Recognition of Exemplary growth" Pradesh - MSME Category" by Fe
Slide 21: Q3 FY26 Earnings Update
Q3 FY26 Earnings Update
Slide 22: Q3 & 9 Months FY26 Performance Highlights
02/ / Q 3 & 9M FY26 PE RFORM AN CE H I G H L I G HTS MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 21 Q3 & 9 Months FY26 Performance Highlights Q3FY26 REVENUE EBITDA PAT (In ₹ Crore) (In ₹ Crore) (In ₹ Crore) 182 191 -16% 11 16% 6 - 152 YOY 7 YOY GROWTH YOY GROWTH 6 3 3 Q3FY
Slide 23: Business Vertical Performance
02/ / Q 3 & 9M FY26 PE RFORM AN CE H I G H L I G HTS MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 22 Business Vertical Performance MANUFACTURING - REVENUE MANUFACTURING - REVENUE (In ₹ Crore) (In ₹ Crore) 67 88 74 10% 200 225 12.5% YOY GROWTH YOY GROWTH Q3FY25 Q2FY26 Q3FY26
Slide 24: Q3 & 9M FY26 P&L Snapshot
02/ / Q 3 & 9M FY26 PE RFORM AN CE H I G H L I G HTS MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 23 Q3 & 9M FY26 P&L Snapshot (In ₹ Crore & %) PARTICULARS Q3FY25 Q2FY26 Q3FY26 YOY Change QOQ Change 9MFY25 9MFY26 YOY Change Revenue from Operations 182 191 152 -16% -20% 564
Slide 25: Financial Profile
Financial Profile
Slide 26: Key Performance Indicators
03/ / FI N AN CI AL PROFI L E MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 25 Key Performance Indicators REVENUE FROM OPERATIONS EBITDA & EBITDA MARGINS PAT & PAT MARGINS (In ₹ Crore) (In ₹ Crore & in %) (In ₹ Crore & in %) 90.00 9% 10% 60 10% 953.03 7% 9% 80.00 9% 813.85 8
Slide 27: 5Y P&L Snapshot
03/ / FI N AN CI AL PROFI L E MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 26 5Y P&L Snapshot (In ₹ Crore) PARTICULARS FY21 FY22 FY23 FY24 FY25 Revenue from Operations 402.88 572.29 813.85 953.03 810.17 Other Income 2.45 5.25 5.16 7.73 5.33 COGS 364.43 509.19 673.51 871.32
Slide 28: 5Y Balance Sheet Snapshot
03/ / FI N AN CI AL PROFI L E MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 27 5Y Balance Sheet Snapshot (In ₹ Crore) PARTICULARS FY21 FY22 FY23 FY24 FY25 EQUITY SHARE CAPITAL Equity Share Capital 6.76 13.52 13.52 27.04 27.04 Other Equity 57.30 70.85 116.75 136.04 151.40 NON
Slide 29: 5Y Cash Flow Snapshot
03/ / FI N AN CI AL PROFI L E MA A N A L U MIN IU M L IMITE D | E ARN I N G S PRE S E N TATI ON 2026 28 5Y Cash Flow Snapshot (In ₹ Crore) PARTICULARS FY21 FY22 FY23 FY24 FY25 Cash Flow from Operating Activities (19.49) 15.10 29.02 33.47 0.19 Cash Flow from Investing Activities (12.35) (7.32) (10.17
Slide 30: Get in Touch
Get in Touch This document which has been prepared by Maan Aluminium (“Maan” or “Maan Aluminium” or “the Company”), has been prepared solely for information purposes. This document has been prepared by the Company based on information and data which the Company considers reliable, but the Company ma