Manaksia Ltd

Manaksia Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Manaksia Ltd

₹ 106 -2.47%
19 Apr - close price
manaksia.com BSE: 532932 NSE : MANAKSIA
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]

Website BSE NSE
  • Market Cap ₹ 697 Cr.
  • Current Price ₹ 106
  • High / Low ₹ 194 / 96.6
  • Stock P/E 6.43
  • Book Value ₹ 119
  • Dividend Yield 5.64 %
  • ROCE 16.0 %
  • ROE 9.25 %
  • Face Value ₹ 2.00
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Pros

  • Company has reduced debt.
  • Stock is trading at 0.89 times its book value
  • Company has been maintaining a healthy dividend payout of 20.7%

Cons

  • The company has delivered a poor sales growth of 3.39% over past five years.
  • Company has a low return on equity of 10.9% over last 3 years.
  • Earnings include an other income of Rs.57.0 Cr.
  • Debtor days have increased from 32.1 to 44.8 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

Sector: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
217 234 273 236 306 359 309 262 289 306 236 199 152
185 218 231 198 242 275 256 234 262 266 206 173 131
Operating Profit 32 16 42 38 64 83 52 27 27 39 30 25 21
OPM % 15% 7% 15% 16% 21% 23% 17% 10% 9% 13% 13% 13% 14%
9 9 12 18 15 15 11 18 24 25 7 15 10
Interest 2 2 2 2 3 3 3 4 5 4 2 4 4
Depreciation 8 7 7 6 7 5 5 6 6 4 3 3 2
Profit before tax 30 17 45 48 70 91 54 36 41 57 32 34 25
Tax % 15% 77% 27% 30% 29% 22% 76% 31% 21% 33% 30% 30% 31%
26 4 33 33 50 70 13 25 32 38 22 24 17
EPS in Rs 3.59 0.41 4.67 5.12 7.79 10.37 2.06 3.76 4.74 5.75 3.36 3.53 2.49
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
1,944 2,109 1,679 1,128 1,099 1,041 986 990 856 861 1,174 1,165 893
1,664 1,742 1,355 928 918 864 895 906 784 760 946 1,019 777
Operating Profit 280 367 324 200 181 176 91 85 72 101 228 146 116
OPM % 14% 17% 19% 18% 16% 17% 9% 9% 8% 12% 19% 13% 13%
-15 -22 6 4 4 5 96 66 63 33 60 77 57
Interest 59 55 37 28 21 17 18 10 6 6 10 15 13
Depreciation 83 105 93 62 60 48 44 44 42 32 25 21 12
Profit before tax 123 184 200 113 104 116 126 97 88 96 254 187 148
Tax % 4% 8% 4% 8% 10% 13% 24% 22% 30% 33% 27% 42%
118 169 191 104 94 101 96 75 61 65 186 108 102
EPS in Rs 18.16 25.99 29.21 15.79 14.24 15.36 14.48 11.16 8.95 9.11 27.95 16.31 15.13
Dividend Payout % 0% 0% 7% 13% 14% 0% 21% 27% 117% 33% 11% 18%
Compounded Sales Growth
10 Years: -6%
5 Years: 3%
3 Years: 11%
TTM: -27%
Compounded Profit Growth
10 Years: -7%
5 Years: 1%
3 Years: 20%
TTM: -21%
Stock Price CAGR
10 Years: 4%
5 Years: 23%
3 Years: 26%
1 Year: -9%
Return on Equity
10 Years: 10%
5 Years: 9%
3 Years: 11%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 1,083 1,262 1,076 1,079 1,193 804 976 1,040 946 943 1,049 1,111 768
398 490 143 220 141 206 52 45 14 52 114 58 76
530 397 220 99 94 243 152 171 155 164 198 211 129
Total Liabilities 2,024 2,163 1,453 1,412 1,441 1,266 1,194 1,269 1,128 1,172 1,374 1,393 986
656 641 397 363 346 249 310 265 209 173 141 129 80
CWIP 242 252 67 111 161 19 10 4 4 3 4 3 2
Investments 0 2 0 3 5 24 346 415 238 583 630 671 469
1,126 1,267 988 934 929 973 528 585 677 413 598 591 436
Total Assets 2,024 2,163 1,453 1,412 1,441 1,266 1,194 1,269 1,128 1,172 1,374 1,393 986

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
286 176 116 113 262 481 279 -5 -37 279 140 53
-165 -96 -46 -161 -59 -285 -303 13 178 -359 -45 -5
-136 -76 -70 36 -121 53 -188 -33 -97 33 32 -91
Net Cash Flow -15 4 -1 -12 82 249 -212 -25 43 -48 127 -43

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 51 54 22 29 26 64 25 36 30 25 27 45
Inventory Days 134 147 145 182 107 76 71 91 94 81 75 31
Days Payable 103 65 60 27 29 102 32 44 44 37 17 16
Cash Conversion Cycle 82 135 107 184 104 39 64 84 80 69 85 60
Working Capital Days 110 148 160 264 241 141 102 101 150 62 53 42
ROCE % 14% 17% 16% 11% 9% 11% 14% 10% 9% 9% 23% 16%

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.

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Documents

Announcements

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