Manaksia Ltd

Manaksia Ltd

₹ 117 -2.18%
26 Apr - close price
About

Incorporated in 1984, Manaksia Ltd. is primarily engaged in the trading and export of steel, aluminium and packaging products. [1]

Key Points

Products
Iron & Steel Products: Cold Rolled Sheets used in interior and exterior panels of vehicles, Galvanised Corrugated Sheets used in the rural housing sector and factory buildings, Galvanised Plain Sheets, used in the manufacture of containers and water tanks and Colour Coated (Pre-painted) Coils and Sheets for sale to construction, housing, consumer durables and other industries.
Aluminium Products: Rolled products in coil and sheet form used in closures, and general engineering purposes, Colour Coated (Pre-painted) Coils and Sheets for the manufacture of heat exchanger fins for air conditioners and Aluminium alloy ingots used in the steel and automotive industry.
Other Products: Roll on Pilfer Proof (ROPP) Closures for liquor and pharmaceutical sectors, Crown Closures for beer and carbonated soft drink sectors. [1]

  • Market Cap 766 Cr.
  • Current Price 117
  • High / Low 194 / 96.6
  • Stock P/E 36.5
  • Book Value 26.1
  • Dividend Yield 5.13 %
  • ROCE 84.3 %
  • ROE 68.1 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has a good return on equity (ROE) track record: 3 Years ROE 30.1%
  • Company has been maintaining a healthy dividend payout of 240%
  • Company's working capital requirements have reduced from 342 days to 72.9 days

Cons

  • Earnings include an other income of Rs.16.0 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.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
11.51 6.19 11.58 20.11 6.41 24.66 130.47 20.53 31.39 60.62 76.77 57.09 11.41
12.80 22.13 11.85 19.48 7.44 24.89 29.90 19.40 31.41 56.55 73.66 53.25 13.04
Operating Profit -1.29 -15.94 -0.27 0.63 -1.03 -0.23 100.57 1.13 -0.02 4.07 3.11 3.84 -1.63
OPM % -11.21% -257.51% -2.33% 3.13% -16.07% -0.93% 77.08% 5.50% -0.06% 6.71% 4.05% 6.73% -14.29%
0.83 27.29 0.86 0.83 1.00 6.38 4.81 -0.29 2.99 7.51 2.26 3.44 2.80
Interest 0.02 0.02 0.01 0.01 0.02 0.03 0.02 0.14 0.19 0.27 0.28 0.19 0.06
Depreciation 0.08 0.08 0.07 0.07 0.06 0.06 0.06 0.06 0.05 0.04 0.04 0.04 0.04
Profit before tax -0.56 11.25 0.51 1.38 -0.11 6.06 105.30 0.64 2.73 11.27 5.05 7.05 1.07
Tax % -10.71% 32.00% 25.49% 18.12% -136.36% -19.14% 24.23% -1.56% -127.47% 6.30% 11.88% 24.54% 40.19%
-0.63 7.65 0.38 1.13 -0.27 7.23 79.79 0.65 6.20 10.57 4.45 5.32 0.64
EPS in Rs -0.10 1.17 0.06 0.17 -0.04 1.10 12.18 0.10 0.95 1.61 0.68 0.81 0.10
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
1,084 1,184 571 1 26 31 47 34 36 27 63 143 206
1,038 1,114 540 14 28 40 50 43 45 48 64 137 196
Operating Profit 46 70 31 -14 -3 -8 -3 -9 -8 -21 -1 6 9
OPM % 4% 6% 5% -2,117% -10% -27% -5% -27% -23% -80% -1% 4% 5%
18 23 26 24 33 21 69 37 75 30 9 115 16
Interest 32 37 16 0 0 0 0 0 0 0 0 1 1
Depreciation 21 22 12 1 1 0 0 0 0 0 0 0 0
Profit before tax 11 34 30 9 29 12 66 27 66 8 8 120 24
Tax % 33% 20% 23% 18% 21% 30% 21% 22% 20% 46% -8% 19%
7 28 23 7 23 9 52 21 53 4 8 97 21
EPS in Rs 1.12 4.20 3.51 1.13 3.53 1.31 7.89 3.25 8.06 0.64 1.29 14.84 3.20
Dividend Payout % 0% 0% 57% 178% 57% 0% 38% 92% 130% 467% 232% 20%
Compounded Sales Growth
10 Years: -19%
5 Years: 25%
3 Years: 58%
TTM: -1%
Compounded Profit Growth
10 Years: 7%
5 Years: 13%
3 Years: 23%
TTM: -78%
Stock Price CAGR
10 Years: 4%
5 Years: 25%
3 Years: 27%
1 Year: -9%
Return on Equity
10 Years: 23%
5 Years: 30%
3 Years: 30%
Last Year: 68%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 13 13 13 13 13 13 13 13 13 13 13 13 13
Reserves 481 508 74 67 77 79 111 113 97 101 90 168 158
171 270 0 0 0 7 2 0 0 0 0 0 13
351 230 3 3 5 10 12 17 1 1 6 6 10
Total Liabilities 1,015 1,022 90 83 95 110 139 143 111 116 109 187 194
311 313 4 3 3 3 2 2 2 2 2 2 2
CWIP 37 34 0 0 0 0 0 0 0 0 0 0 0
Investments 69 69 37 40 38 37 42 39 38 39 43 67 93
598 606 49 40 55 71 94 102 71 75 65 119 99
Total Assets 1,015 1,022 90 83 95 110 139 143 111 116 109 187 194

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
11 3 126 -4 -17 -30 -2 -20 -11 -6 9 2
35 35 -7 16 32 24 48 28 81 -2 12 16
-48 -38 -119 -13 -13 5 -25 -22 -69 -0 -20 -20
Net Cash Flow -2 1 1 -1 2 -1 21 -14 1 -9 1 -2

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 66 75 0 2,646 230 210 148 267 42 58 35 4
Inventory Days 99 88 0 63 0 0 0 1 0 9 4 2
Days Payable 120 50 0 177 1 3 31 1
Cash Conversion Cycle 45 113 0 2,709 230 210 148 91 41 64 8 5
Working Capital Days 87 122 28 20,292 637 613 416 782 534 780 175 73
ROCE % 11% 13% 11% 11% 34% 13% 58% 21% 55% 7% 7% 84%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93% 74.93%
0.00% 0.27% 0.32% 0.54% 0.56% 0.55% 0.49% 1.42% 1.61% 1.70% 1.73% 1.50%
25.07% 24.79% 24.75% 24.53% 24.51% 24.52% 24.56% 23.64% 23.48% 23.36% 23.34% 23.56%
No. of Shareholders 26,63526,08928,33628,38528,55327,79630,06325,92128,60534,02034,23935,987

* 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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