Maan Aluminium: Impressive Q4FY23 Results Propel Stock to New Heights.

Rajesh
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Maan Aluminium, a prominent player in the Indian aluminium extrusion industry, has garnered attention in the market with its remarkable performance in the latest fiscal year. This small-cap company, with a market capitalization of Rs 336.88 Cr, recently witnessed a surge in its stock value. In this blog post, we will delve into Maan Aluminium's impressive Q4FY23 results and explore its growth trajectory over the years.

Q4FY23 Results:
Maan Aluminium's Q4FY23 results have been nothing short of exceptional. The company experienced a substantial increase in profit, with a staggering 77% rise from Rs 8.17 crore in the corresponding quarter of the previous year to Rs 14.46 crore. Revenue also saw a remarkable surge of 103.78%, reaching Rs 262.87 crore compared to Rs 129 crore in the March 2022 quarter. Furthermore, operating profit climbed by 85.55% to Rs 20.80 crore, reflecting the company's efficient management and strong performance. The net profit grew by an impressive 127% to Rs 50 crore for the fiscal year ended March 2023, compared to Rs 22 crore for the same period in the previous year. Overall, the fiscal year ending March 2023 witnessed a substantial revenue growth of 42.21%, reaching Rs 813.85 crore from Rs 572.29 crore in the previous financial year.

Maan Aluminium's Market Performance:
Maan Aluminium has proven itself to be a resilient and profitable investment option. The company's stock value has experienced significant growth over the years. Notably, it achieved a 52-week-high of Rs 258.55 on March 2, 2023, and a 52-week-low of Rs 99.15 on June 21, 2022. Currently, the stock is trading at 3.63% below its 1-year high and 151.28% above its 1-year low, indicating its stability and potential for future growth.

Shareholding Pattern:
Analyzing the shareholding pattern of Maan Aluminium for Q4FY23, it is evident that the company's promoters hold a significant stake of 66.04%. Foreign institutional investors (FIIs) account for 0.48%, while the remaining 33.48% is held by the public. Notably, ace investor Ashish Jain holds 1.55% stake in the company through fully paid equity shares of 2,10,000.

Impressive Returns:
Investors who have shown faith in Maan Aluminium have been handsomely rewarded. Over the past five years, the stock price has surged from Rs 56.10 to the current market price, resulting in a remarkable multibagger return of 344.65%. Similarly, over the past three years, the stock price has soared from Rs 22.65 to its current value, providing investors with an impressive multibagger return of 962.62%. Even in the past year, the stock has exhibited strong growth, rising from Rs 120.20 to the current market price, delivering a multibagger return of 107.53%. In the year 2023 alone, the stock has witnessed a substantial increase of 47.34% year-to-date (YTD).

Conclusion:
Maan Aluminium's impressive Q4FY23 results have caught the attention of investors in the Indian market. With significant growth in profit, revenue, and market performance, the company has established itself as a leader in the aluminium extrusion industry. Furthermore, its consistent multibagger returns over the years make it an attractive investment option for those seeking long-term growth. As
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