Manaksia Coated Metals & Industries Ltd

Manaksia Coated Metals & Industries Ltd

₹ 140 1.23%
20 Nov 2:03 p.m.
About

Incorporated in 2010, Manaksia Coated Metals & Industries Ltd specializes in manufacturing and exporting high-performance coated metal products.[1]

Key Points

Business Profile[1]
Manaksia Coated Metals & Industries Ltd specializes in manufacturing and export of high-performance coated metal products, primarily focusing on galvanized and pre-painted steel solutions. The company produces these in coil and sheet forms serving diverse industries such as construction, automotive, home appliances, FMCG, and general engineering.

  • Market Cap 1,483 Cr.
  • Current Price 140
  • High / Low 183 / 61.9
  • Stock P/E 38.7
  • Book Value 31.2
  • Dividend Yield 0.04 %
  • ROCE 15.6 %
  • ROE 8.43 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 25.9% CAGR over last 5 years

Cons

  • Stock is trading at 4.40 times its book value
  • Promoter holding has decreased over last quarter: -0.62%
  • Company has a low return on equity of 7.49% over last 3 years.
  • Company's cost of borrowing seems high

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
149 177 187 172 194 191 183 194 175 205 208 250 220
141 168 178 164 182 179 167 181 164 191 193 225 194
Operating Profit 8 9 9 7 12 12 15 13 11 14 15 25 26
OPM % 5% 5% 5% 4% 6% 6% 8% 7% 6% 7% 7% 10% 12%
2 1 1 4 1 2 2 2 3 3 2 4 3
Interest 6 7 3 9 10 6 8 8 8 8 8 8 8
Depreciation 2 2 2 2 2 2 2 2 2 2 2 2 2
Profit before tax 1 0 4 1 2 6 7 4 3 7 7 19 19
Tax % -3% 24% 31% 72% -2% 25% 26% 26% 25% 25% 25% 25% 27%
1 0 3 0 2 4 5 3 2 5 5 14 14
EPS in Rs 0.14 0.04 0.47 0.03 0.32 0.63 0.71 0.41 0.33 0.68 0.64 1.35 1.32
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
168 215 224 255 229 251 246 446 648 652 740 782 883
158 208 212 242 214 228 219 412 613 619 689 728 803
Operating Profit 10 7 12 13 15 23 27 33 35 33 51 54 80
OPM % 6% 3% 5% 5% 7% 9% 11% 8% 5% 5% 7% 7% 9%
0 3 4 2 3 3 2 2 8 5 6 9 12
Interest 4 5 4 4 5 14 17 19 23 22 33 33 32
Depreciation 4 15 10 8 8 10 9 9 9 9 9 9 8
Profit before tax 2 -11 3 3 5 3 3 8 12 7 15 21 51
Tax % 54% -31% -14% 89% 42% 91% -69% 20% 24% 32% 24% 25%
1 -7 3 0 3 0 5 6 9 5 12 16 38
EPS in Rs 20.20 -1.12 0.45 0.04 0.42 0.04 0.74 0.98 1.37 0.77 1.57 1.97 3.99
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 3% 0% 4% 3% 3%
Compounded Sales Growth
10 Years: 14%
5 Years: 26%
3 Years: 6%
TTM: 19%
Compounded Profit Growth
10 Years: 15%
5 Years: 26%
3 Years: 21%
TTM: 174%
Stock Price CAGR
10 Years: 38%
5 Years: 93%
3 Years: 98%
1 Year: 117%
Return on Equity
10 Years: 5%
5 Years: 8%
3 Years: 7%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 0.05 7 7 7 7 7 7 7 7 7 7 8 11
Reserves 88 73 76 80 83 83 88 94 103 108 141 215 320
55 68 52 58 119 124 133 143 173 190 178 145 103
118 69 73 85 91 133 146 188 195 237 205 272 305
Total Liabilities 261 217 208 229 300 346 373 432 478 541 531 640 739
93 81 73 96 152 144 140 132 127 119 117 111 107
CWIP 22 33 45 35 4 47 45 51 40 49 49 68 80
Investments 0 0 0 0 10 10 10 10 10 10 10 10 10
146 102 90 98 134 145 178 239 301 364 355 451 542
Total Assets 261 217 208 229 300 346 373 432 478 541 531 640 739

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
13 -1 31 20 -8 51 7 20 -12 8 22 30
-9 -15 -13 -24 -41 -46 -1 -6 9 -8 -6 -20
-4 18 -20 3 56 -12 -6 -13 5 -4 -16 -10
Net Cash Flow 0 3 -2 -1 7 -7 0 2 2 -4 -0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 150 40 72 62 47 35 35 38 27 24 27 23
Inventory Days 132 101 43 55 107 180 264 163 151 180 143 171
Days Payable 249 86 92 84 97 146 186 123 103 138 102 142
Cash Conversion Cycle 33 56 23 33 58 69 113 78 75 66 68 52
Working Capital Days 16 -9 -10 18 20 -9 10 13 6 7 15 43
ROCE % -4% 5% 5% 6% 8% 9% 12% 13% 10% 15% 16%

Shareholding Pattern

Numbers in percentages

15 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
67.43% 67.43% 67.43% 67.43% 67.43% 69.19% 69.19% 69.19% 69.19% 65.67% 56.17% 55.55%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.14% 0.10% 1.82% 1.46% 9.01% 1.77%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.02%
32.57% 32.58% 32.57% 32.57% 32.57% 30.81% 30.66% 30.70% 29.00% 32.87% 34.80% 42.67%
No. of Shareholders 32,88831,90131,61831,33429,18629,68126,43725,20826,77225,82526,46327,566

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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