Why is Maan Aluminium Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate -12.93% of over the last 5 years
2
The company has declared Negative results for the last 3 consecutive quarters
- PAT(Latest six months) At Rs 4.80 cr has Grown at -28.04%
- ROCE(HY) Lowest at 7.02%
- INVENTORY TURNOVER RATIO(HY) Lowest at 12.10 times
3
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
4
Below par performance in long term as well as near term
- Along with generating -6.42% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Non - Ferrous Metals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Maan Aluminium for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Maan Aluminium
-6.42%
-0.13
48.92%
Sensex
-10.5%
-0.78
13.50%
Quality key factors
Factor
Value
Sales Growth (5y)
11.86%
EBIT Growth (5y)
-12.93%
EBIT to Interest (avg)
7.64
Debt to EBITDA (avg)
1.87
Net Debt to Equity (avg)
0.03
Sales to Capital Employed (avg)
3.79
Tax Ratio
27.17%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
1.71%
ROCE (avg)
18.66%
ROE (avg)
19.59%
Valuation Key Factors 
Factor
Value
P/E Ratio
47
Industry P/E
11
Price to Book Value
2.30
EV to EBIT
49.65
EV to EBITDA
31.16
EV to Capital Employed
2.26
EV to Sales
0.77
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
4.46%
ROE (Latest)
4.88%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
3What is working for the Company
PBT LESS OI(Q)
At Rs 2.61 cr has Grown at 44.4% (vs previous 4Q average
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 38.44 cr
-9What is not working for the Company
PAT(Latest six months)
At Rs 4.80 cr has Grown at -28.04%
ROCE(HY)
Lowest at 7.02%
INVENTORY TURNOVER RATIO(HY)
Lowest at 12.10 times
NON-OPERATING INCOME(Q)
is 39.58 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Maan Aluminium
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 2.61 cr has Grown at 44.4% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 1.81 CrMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Highest at Rs 38.44 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Maan Aluminium
Profit After Tax (PAT) - Latest six months
At Rs 4.80 cr has Grown at -28.04%
Year on Year (YoY)MOJO Watch
Near term PAT trend is negative
PAT (Rs Cr)
Inventory Turnover Ratio- Half Yearly
Lowest at 12.10 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Non Operating Income - Quarterly
is 39.58 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT






