Manaksia Ltd
Incorporated in 1984, Manaksia
Ltd is in the business of trading
of Metals and other items[1]
- Market Cap ₹ 472 Cr.
- Current Price ₹ 72.1
- High / Low ₹ 114 / 54.5
- Stock P/E 7.84
- Book Value ₹ 87.4
- Dividend Yield 0.00 %
- ROCE 16.2 %
- ROE 10.7 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.83 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -3.11% over past five years.
- Company has a low return on equity of 7.83% over last 3 years.
- Earnings include an other income of Rs.47.8 Cr.
- Dividend payout has been low at 6.14% of profits over last 3 years
- Working capital days have increased from 82.8 days to 161 days
* 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,679 | 1,128 | 1,099 | 1,041 | 986 | 990 | 856 | 861 | 1,174 | 1,165 | 702 | 731 | |
1,355 | 928 | 918 | 864 | 895 | 906 | 784 | 760 | 946 | 1,019 | 606 | 677 | |
Operating Profit | 324 | 200 | 181 | 176 | 91 | 85 | 72 | 101 | 228 | 146 | 96 | 54 |
OPM % | 19% | 18% | 16% | 17% | 9% | 9% | 8% | 12% | 19% | 13% | 14% | 7% |
6 | 4 | 4 | 5 | 96 | 66 | 63 | 33 | 60 | 77 | 30 | 48 | |
Interest | 37 | 28 | 21 | 17 | 18 | 10 | 6 | 6 | 10 | 15 | 12 | 12 |
Depreciation | 93 | 62 | 60 | 48 | 44 | 44 | 42 | 32 | 25 | 21 | 9 | 6 |
Profit before tax | 200 | 113 | 104 | 116 | 126 | 97 | 88 | 96 | 254 | 187 | 104 | 85 |
Tax % | 4% | 8% | 10% | 13% | 24% | 22% | 30% | 33% | 27% | 42% | 24% | 31% |
191 | 104 | 94 | 101 | 96 | 75 | 61 | 65 | 186 | 108 | 79 | 58 | |
EPS in Rs | 29.21 | 15.79 | 14.24 | 15.36 | 14.48 | 11.16 | 8.95 | 9.11 | 27.95 | 16.31 | 11.53 | 8.55 |
Dividend Payout % | 7% | 13% | 14% | 0% | 21% | 27% | 117% | 33% | 11% | 18% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -4% |
5 Years: | -3% |
3 Years: | -15% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | -5% |
5 Years: | 1% |
3 Years: | -30% |
TTM: | -4% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 14% |
3 Years: | -5% |
1 Year: | -28% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 10% |
3 Years: | 8% |
Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | 1,076 | 1,079 | 1,193 | 804 | 976 | 1,040 | 946 | 943 | 1,049 | 1,111 | 537 | 559 |
143 | 220 | 141 | 206 | 52 | 45 | 14 | 52 | 114 | 58 | 74 | 26 | |
220 | 99 | 94 | 243 | 152 | 171 | 155 | 164 | 198 | 211 | 97 | 116 | |
Total Liabilities | 1,453 | 1,412 | 1,441 | 1,266 | 1,194 | 1,269 | 1,128 | 1,172 | 1,374 | 1,393 | 722 | 714 |
397 | 363 | 346 | 249 | 310 | 265 | 209 | 173 | 141 | 129 | 48 | 48 | |
CWIP | 67 | 111 | 161 | 19 | 10 | 4 | 4 | 3 | 4 | 3 | 0 | 6 |
Investments | 0 | 3 | 5 | 24 | 346 | 415 | 238 | 583 | 630 | 671 | 426 | 111 |
988 | 934 | 929 | 973 | 528 | 585 | 677 | 413 | 598 | 591 | 248 | 549 | |
Total Assets | 1,453 | 1,412 | 1,441 | 1,266 | 1,194 | 1,269 | 1,128 | 1,172 | 1,374 | 1,393 | 722 | 714 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
116 | 113 | 262 | 481 | 279 | -5 | -37 | 279 | 140 | 53 | 135 | -275 | |
-46 | -161 | -59 | -285 | -303 | 13 | 178 | -359 | -45 | -5 | -250 | 358 | |
-70 | 36 | -121 | 53 | -188 | -33 | -97 | 33 | 32 | -91 | -16 | -68 | |
Net Cash Flow | -1 | -12 | 82 | 249 | -212 | -25 | 43 | -48 | 127 | -43 | -131 | 14 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 22 | 29 | 26 | 64 | 25 | 36 | 30 | 25 | 27 | 45 | 26 | 33 |
Inventory Days | 145 | 182 | 107 | 76 | 71 | 91 | 94 | 81 | 75 | 31 | 50 | 61 |
Days Payable | 60 | 27 | 29 | 102 | 32 | 44 | 44 | 37 | 17 | 16 | 16 | 33 |
Cash Conversion Cycle | 107 | 184 | 104 | 39 | 64 | 84 | 80 | 69 | 85 | 60 | 60 | 61 |
Working Capital Days | 160 | 264 | 241 | 141 | 102 | 101 | 150 | 62 | 53 | 42 | 45 | 161 |
ROCE % | 16% | 11% | 9% | 11% | 14% | 10% | 9% | 9% | 23% | 12% | 10% | 16% |
Documents
Announcements
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Clarification On Audited Financial Results Filed For The Quarter And Financial Year Ended 31/03/2025
5 Jun - Correction of segment assets figures in audited FY25 results; no other changes reported.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Newspaper Publication of Financial Results for the quarter and year ended 31st March, 2025
-
Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
29 May - Manaksia revises Code for Fair Disclosure of UPSI effective May 29, 2025, per SEBI regulations.
-
Authorisation Of Key Managerial Personnel (KMP) Under Regulation 30(5) Of SEBI (LODR) Regulations, 2015
28 May - Authorization of KMPs for event materiality and disclosures as per SEBI regulations.
-
Announcement under Regulation 30 (LODR)-Change in Registered Office Address
28 May - Manaksia approved FY25 audited financials; reported forex loss; changed company secretary; shifted office.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from nse
Business Overview:[1]
Company, with subsidiaries in India, Nigeria and Ghana, manufactures range of value-added steel products, including corrugated profiled galvanized and colour coated roofing sheets, colour-coated aluminum coils/ profiled sheets and packaging materials such as Roll on Pilfer Proof (ROPP) caps, crown caps and paper