Manaksia Steels Ltd
Incorporated in 2001, Manaksia Steels
Ltd manufactures and export coated steel products, offering a wide range of value added steel solutions. [1]
- Market Cap ₹ 569 Cr.
- Current Price ₹ 87.4
- High / Low ₹ 90.0 / 44.2
- Stock P/E 10.2
- Book Value ₹ 49.7
- Dividend Yield 0.00 %
- ROCE 14.4 %
- ROE 13.0 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.72% over last 3 years.
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 503 | 688 | 536 | 504 | 611 | 742 | 681 | 634 | 1,131 | 1,241 | |
| 472 | 667 | 517 | 465 | 558 | 718 | 644 | 619 | 1,055 | 1,142 | |
| Operating Profit | 32 | 20 | 19 | 39 | 53 | 24 | 37 | 15 | 77 | 99 |
| OPM % | 6% | 3.0% | 3.6% | 8% | 9% | 3.2% | 6% | 2.3% | 7% | 8% |
| 2 | 4 | 3 | 7 | 8 | 7 | 16 | 12 | 4 | 5 | |
| Interest | 4 | 3 | 2 | 2 | 2 | 4 | 8 | 8 | 16 | 17 |
| Depreciation | 8 | 6 | 9 | 10 | 11 | 10 | 7 | 6 | 11 | 12 |
| Profit before tax | 22 | 16 | 11 | 34 | 49 | 17 | 38 | 12 | 54 | 76 |
| Tax % | 30% | 48% | 18% | 23% | 28% | 29% | 25% | 19% | 26% | |
| 16 | 8 | 9 | 27 | 35 | 12 | 28 | 10 | 40 | 56 | |
| EPS in Rs | 2.38 | 1.27 | 1.31 | 4.05 | 5.39 | 1.86 | 4.33 | 1.49 | 6.09 | 8.57 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 15% |
| TTM: | 81% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 53% |
| TTM: | 279% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 20% |
| 3 Years: | 24% |
| 1 Year: | 47% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 9% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 169 | 179 | 185 | 216 | 260 | 284 | 294 | 283 | 319 |
| 96 | 3 | 61 | 67 | 10 | 49 | 186 | 206 | 151 | |
| 104 | 147 | 151 | 58 | 74 | 81 | 34 | 42 | 115 | |
| Total Liabilities | 375 | 335 | 403 | 348 | 350 | 420 | 520 | 537 | 593 |
| 69 | 75 | 99 | 88 | 77 | 72 | 59 | 62 | 152 | |
| CWIP | 6 | 28 | 3 | 0 | 5 | 7 | 32 | 93 | 33 |
| Investments | 7 | 17 | 11 | 25 | 52 | 129 | 185 | 129 | 86 |
| 295 | 216 | 291 | 235 | 216 | 212 | 244 | 253 | 322 | |
| Total Assets | 375 | 335 | 403 | 348 | 350 | 420 | 520 | 537 | 593 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| -10 | 130 | -4 | 36 | -1 | 24 | -52 | 14 | 62 | |
| -22 | -36 | -26 | -68 | 59 | -63 | -81 | -21 | 3 | |
| 34 | -96 | 53 | 5 | -59 | 35 | 130 | 9 | -70 | |
| Net Cash Flow | 2 | -2 | 23 | -27 | -1 | -4 | -3 | 2 | -6 |
| Free Cash Flow | -35 | 97 | -15 | 36 | -7 | 16 | -91 | -55 | 24 |
| CFO/OP | 11% | 676% | 3% | 108% | 20% | 117% | -124% | 108% | 95% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 69 | 44 | 30 | 14 | 18 | 8 | 14 | 22 | 21 |
| Inventory Days | 117 | 55 | 116 | 84 | 84 | 74 | 91 | 93 | 63 |
| Days Payable | 75 | 80 | 110 | 10 | 10 | 9 | 7 | 14 | 22 |
| Cash Conversion Cycle | 111 | 19 | 37 | 88 | 92 | 73 | 99 | 101 | 62 |
| Working Capital Days | 45 | 24 | 5 | -3 | 69 | 27 | -5 | -9 | 40 |
| ROCE % | 8% | 5% | 13% | 17% | 6% | 11% | 4% | 14% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Installed Capacity (Total Manufacturing) MTPA ・Standalone data |
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| Top 10 Customers Share of Sales % ・Standalone data |
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| Sales Volume (Manufacturing Tonnage) MT ・Standalone data |
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| Distributor Network count ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Updates On Pending Litigation
- Manaksia Steels paid ₹3.33 crore land premium, settling Haldia litigation.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication of Un-audited Financial Results of the Company for the quarter ended 30th June, 2026
-
Disclosure Of Pending Litigation
- Calcutta High Court ordered ₹3.33 crore land premium payment within six weeks in Haldia land litigation.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper publication relating to 25th Annual General Meeting of the Company scheduled to be held on 23rd September, 2026
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper publication regarding Special Window for Transfer and Dematerialization of Physical Securities
Annual reports
-
Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
Group Overview:[1]
The Manaksia Group is a global enterprise engaged in manufacturing flat and long metal products (steel and aluminium), kraft paper, and engineered products such as caps and closures. It operates plants in India, Nigeria, and Ghana, with a strong domestic presence and exports to Bhutan, Africa, and Europe.