Maan Aluminium Limited Sets Q2 FY27 Results After ₹232 Crore Q1

Maan Aluminium Limited is scheduled to approve its unaudited Q2 FY27 results on 14 November 2026, following Q1 FY27 revenue of ₹231.86 crore, up 9.79% year on year. The Q2 filing covers the July to September 2026 quarter and the first half ended 30 September 2026.

When will Maan Aluminium report its Q2 FY27 results?

Maan Aluminium will consider and approve unaudited financial results for Q2 FY27 and the half-year ended 30 September 2026 at its board meeting on 14 November 2026. The company announced the meeting through a board-meeting notice filed on 6 November 2026. The reported release time is 12:08 PM Indian Standard Time.

The September-quarter results are significant because listed companies in India are required to publish quarterly financial results within 45 days of the quarter-end. For the quarter ended 30 September 2026, 14 November is the stated outer reporting deadline. The filing is expected to include revenue, profitability measures and notes to the accounts for the quarter and half-year.

The company also said the trading window for designated persons would reopen after disclosure of the results. This is a standard governance measure around unpublished price-sensitive information. Investors will therefore focus on the formal exchange disclosure rather than preliminary expectations, as the supplied information contains no estimate for Q2 FY27 revenue or profit.

What did Maan Aluminium report in Q1 FY27?

Maan Aluminium reported Q1 FY27 revenue from operations of ₹231.86 crore, compared with ₹211.19 crore in Q1 FY26. The 9.79% year-on-year increase reflects growth in the April to June 2026 period, although revenue was 8.92% below the preceding quarter according to the supplied quarterly data.

Total income for the quarter was ₹233.57 crore, while expenses were ₹226.49 crore. Profit before tax increased 18.03% year on year to ₹4.32 crore. Interest expense declined 46.21% to ₹0.78 crore, and depreciation increased 8.79% to ₹1.98 crore.

Net profit after tax was reported at ₹3.10 crore, versus ₹2.73 crore in the corresponding quarter a year earlier. Basic earnings per share rose to ₹0.52 from ₹0.50. The reported net profit margin was 1.3%, in line with the first quarter of the previous year, indicating that revenue growth did not materially change the margin profile.

What is the comparison base for the September quarter?

Maan Aluminium's Q2 FY27 results will be compared with Q2 FY26, when it reported revenue of ₹191.08 crore and net profit of ₹5.77 crore. This comparison is relevant because it provides the year-on-year base for the July to September 2026 operating period.

The preceding quarter provides a second reference point. Q1 FY27 revenue of ₹231.86 crore was higher than the Q2 FY26 revenue base, while Q1 FY27 net profit of ₹3.10 crore was below the Q2 FY26 profit figure. These are separate reporting periods, and the Q2 FY27 filing will determine whether the revenue and profit trends continued through September.

For the full FY26, Maan Aluminium reported total revenue of ₹808.71 crore, marginally below ₹810.17 crore in FY25. Expenses increased 0.45% to ₹788.62 crore. The FY26 figures show that the company entered FY27 after a broadly flat annual revenue performance, making quarterly execution and margins important for investors tracking the current year.

How could the Q2 result matter for investors and operations?

The Q2 FY27 disclosure will provide the next reported view of demand and profitability at Maan Aluminium, which manufactures and trades aluminium profiles, anodized and fabricated profiles, aluminium ingots, billets and rods. Revenue movement, operating profit, interest costs and net margin will be central indicators because its Q1 net margin was 1.3%.

The result may also influence market attention because it will be the first reported financial update after the Q1 FY27 release on 13 August 2026. However, the company has not provided an earnings forecast in the supplied material. Any assessment of the September-quarter performance should therefore be based on the announced results and accompanying disclosures.

The broader Metals and Mining industry in India has an average trailing price-to-earnings ratio of 20 times, according to the supplied data. That industry reference does not establish Maan Aluminium's valuation, but it gives investors a sector benchmark to consider alongside the company's reported earnings once the Q2 numbers are available.

What are Maan Aluminium's capacity and capital expenditure plans?

Maan Aluminium has indicated capital expenditure of ₹40 crore to ₹50 crore for FY27 and ₹35 crore to ₹40 crore for FY28. Management has also targeted capacity utilisation of 75% to 80% over the next three years. The Q2 filing may offer investors information on the pace of this investment programme, if the company provides an update.

Earlier disclosures referred to a ₹110 crore capital expenditure plan for value-added capabilities, including powder coating, anodising and machining facilities. The company also stated that it had doubled extrusion capacity to 24,000 tonnes per annum and was aiming for EBITDA margins of 15% to 18% over two to three years.

These initiatives are relevant because they seek to increase value addition within the aluminium products business. Their financial effect cannot be determined from the announced Q2 results date alone. Investors will need to review the disclosed spending, utilisation and profitability data before drawing conclusions about progress toward the stated targets.

Conclusion

Maan Aluminium's 14 November board meeting is the scheduled point for approval of Q2 FY27 and half-year results. The company enters the release after Q1 FY27 revenue rose 9.79% year on year to ₹231.86 crore, while net profit after tax was ₹3.10 crore and the reported net margin remained at 1.3%.

The next disclosures to watch are the Q2 FY27 revenue and profit comparison with Q2 FY26, when revenue was ₹191.08 crore and net profit was ₹5.77 crore, along with any update on FY27 capital expenditure of ₹40 crore to ₹50 crore and the capacity-utilisation target of 75% to 80%.