Manas Properties Ltd

Manas Properties Ltd

₹ 390 0.39%
02 Feb 2024
About

Incorporated in 2004, Manas Properties is in the business of construction, re-development, and leasing of properties[1]

Key Points

Business Overview:[1]
MPL is a part of the Dev Land and Housing Private Limited (DHL) Group. It is in the business of acquiring properties and leasing it out to clients. Company owns a property measuring 3,078 square metres of built up area at Santacruz (West), Mumbai. This property is leased out to Junobo Hotels Private Limited, for operating Soho House, a private luxury club the lease rentals. Apart from this, company also acts as a real estate marketing and consultancy company and the business is undertaken by DHL.

  • Market Cap 162 Cr.
  • Current Price 390
  • High / Low /
  • Stock P/E 5.87
  • Book Value 267
  • Dividend Yield 0.00 %
  • ROCE 35.3 %
  • ROE 28.4 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 35.7%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Earnings include an other income of Rs.39.7 Cr.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Half Yearly Results

Figures in Rs. Crores

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025
0 0 0 0 0 0 0 0 0 0 0 0
2 2 0 1 0 7 2 2 2 3 2 2
Operating Profit -2 -2 -0 -1 -0 -7 -2 -2 -2 -3 -2 -2
OPM %
12 9 0 0 0 8 15 20 16 20 16 23
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 1 0
Profit before tax 10 7 -0 -1 -0 1 13 18 13 16 14 21
Tax % 22% 13% 0% 21% 0% -1% 23% 16% 19% 19% 21% 19%
8 6 -0 -1 -0 1 10 15 11 13 11 17
EPS in Rs 18.70 14.90 -0.87 -1.80 -0.84 2.16 23.87 36.27 25.94 32.04 26.39 40.00
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0 0 2 2 0 0 0 0 0 0 0 0
0 0 0 1 1 4 4 1 7 4 5 4
Operating Profit -0 -0 1 1 -1 -4 -4 -1 -7 -4 -5 -4
OPM % 77% 48% -786%
8 7 6 0 1 17 21 0 8 35 36 40
Interest 11 9 2 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 1
Profit before tax -3 -2 5 1 0 13 17 -1 1 31 30 34
Tax % 0% 0% 2% 41% 17% 18% 13% -6% 19% 19% 20%
-3 -2 5 1 0 11 14 -1 1 25 24 28
EPS in Rs -6.98 -4.01 13.32 1.47 0.00 26.23 33.61 -2.67 1.35 60.07 57.98 66.39
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: 34%
5 Years: 15%
3 Years: 267%
TTM: 15%
Stock Price CAGR
10 Years: %
5 Years: -8%
3 Years: %
1 Year: %
Return on Equity
10 Years: 31%
5 Years: 27%
3 Years: 36%
Last Year: 28%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 4 4 4 4 4 4 4 4 4 4 4 4
Reserves -4 -6 -0 6 6 17 31 29 30 55 79 107
68 56 45 1 1 1 1 1 1 1 0 0
27 27 29 28 28 28 27 27 27 27 27 29
Total Liabilities 95 81 78 38 39 50 62 61 62 87 110 140
0 0 0 33 33 33 33 33 33 33 36 2
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 33 33 33 0 0 0 0 0 0 0 0 48
63 49 46 6 6 17 29 28 29 54 75 90
Total Assets 95 81 78 38 39 50 62 61 62 87 110 140

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-3 1 -10 -1 -1 10 12 -0 1 26 22 28
8 7 3 43 -2 -7 -15 -0 7 -8 3 -4
-5 -8 7 -39 0 0 -0 0 -0 0 -0 0
Net Cash Flow 0 0 0 3 -3 3 -3 -0 8 18 24 24

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 2 2 2,659
Inventory Days
Days Payable
Cash Conversion Cycle 2 2 2,659
Working Capital Days -1,830 -959 -23,881
ROCE % 11% 12% 14% 4% 0% 82% 60% -3% 2% 66% 42% 35%

Shareholding Pattern

Numbers in percentages

Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Sep 2024Dec 2024Mar 2025Jun 2025
73.32% 73.32% 73.32% 73.32% 73.32% 73.32% 73.32% 73.32% 73.32% 73.32% 73.32% 73.32%
26.68% 26.68% 26.68% 26.68% 26.68% 26.68% 26.68% 26.68% 26.68% 26.68% 26.68% 26.68%
No. of Shareholders 242423232323232323232323

Documents