Manaksia Steels Ltd
Incorporated in 2001, Manaksia Steels
Ltd manufactures value-added secondary
steel products[1]
- Market Cap ₹ 393 Cr.
- Current Price ₹ 60.0
- High / Low ₹ 77.2 / 43.0
- Stock P/E 26.6
- Book Value ₹ 44.2
- Dividend Yield 0.00 %
- ROCE 4.32 %
- ROE 3.51 %
- Face Value ₹ 1.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 3.41% over past five years.
- Company has a low return on equity of 5.41% over last 3 years.
- Earnings include an other income of Rs.11.0 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
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
503 | 688 | 536 | 504 | 611 | 742 | 681 | 634 | 687 | |
472 | 667 | 517 | 465 | 558 | 718 | 644 | 619 | 664 | |
Operating Profit | 32 | 20 | 19 | 39 | 53 | 24 | 37 | 15 | 22 |
OPM % | 6% | 3% | 4% | 8% | 9% | 3% | 6% | 2% | 3% |
2 | 4 | 3 | 7 | 8 | 7 | 16 | 12 | 11 | |
Interest | 4 | 3 | 2 | 2 | 2 | 4 | 8 | 8 | 10 |
Depreciation | 8 | 6 | 9 | 10 | 11 | 10 | 7 | 6 | 7 |
Profit before tax | 22 | 16 | 11 | 34 | 49 | 17 | 38 | 12 | 17 |
Tax % | 30% | 48% | 18% | 23% | 28% | 29% | 25% | 19% | |
16 | 8 | 9 | 27 | 35 | 12 | 28 | 10 | 15 | |
EPS in Rs | 2.38 | 1.27 | 1.31 | 4.05 | 5.39 | 1.86 | 4.33 | 1.49 | 2.23 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 1% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | -32% |
TTM: | -26% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 43% |
3 Years: | 15% |
1 Year: | 15% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 5% |
Last Year: | 4% |
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 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
Reserves | 169 | 179 | 185 | 216 | 260 | 284 | 294 | 283 |
96 | 3 | 61 | 67 | 10 | 49 | 186 | 206 | |
104 | 147 | 151 | 58 | 74 | 81 | 34 | 42 | |
Total Liabilities | 375 | 335 | 403 | 348 | 350 | 420 | 520 | 537 |
69 | 75 | 99 | 88 | 77 | 72 | 59 | 62 | |
CWIP | 6 | 28 | 3 | 0 | 5 | 7 | 32 | 93 |
Investments | 7 | 17 | 11 | 25 | 52 | 129 | 185 | 129 |
295 | 216 | 291 | 235 | 216 | 212 | 244 | 253 | |
Total Assets | 375 | 335 | 403 | 348 | 350 | 420 | 520 | 537 |
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 | |
---|---|---|---|---|---|---|---|---|
-10 | 130 | -4 | 36 | -1 | 24 | -52 | 14 | |
-22 | -36 | -26 | -68 | 59 | -63 | -81 | -21 | |
34 | -96 | 53 | 5 | -59 | 35 | 130 | 9 | |
Net Cash Flow | 2 | -2 | 23 | -27 | -1 | -4 | -3 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 69 | 44 | 30 | 14 | 18 | 8 | 14 | 22 |
Inventory Days | 117 | 55 | 116 | 84 | 84 | 74 | 91 | 93 |
Days Payable | 75 | 80 | 110 | 10 | 10 | 9 | 7 | 14 |
Cash Conversion Cycle | 111 | 19 | 37 | 88 | 92 | 73 | 99 | 101 |
Working Capital Days | 45 | 24 | 5 | -3 | 69 | 27 | -5 | 52 |
ROCE % | 8% | 5% | 13% | 17% | 6% | 10% | 4% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
31 Jul - Newspaper Publication of the 24th AGM of the Company
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
31 Jul - Newspaper Publication of Un-audited Financial Results of the Company for the quarter ended 30th June, 2025
-
Key Financial Highlights On Un-Audited Financial Results For Q1 FY 26
29 Jul - Q1 FY26: 30% revenue growth, ₹40 Cr capex approved for new coating line, strong operational performance.
-
Cut Off Date For The Purpose Of AGM
29 Jul - Q1 FY25-26 results approved; Rs.40 Cr capacity expansion; 24th AGM scheduled; director re-appointment.
-
Adoption Of New Logo Of The Company
29 Jul - Q1 FY25-26 results approved; Rs.40 Cr capacity expansion; 24th AGM on 23 Sept; director re-appointment.
Busienss Overview:[1]
MSL is a flagship company of the Manaksia Group. It is an ISO 9001: 2015 accredited, multi-location, multi–product, light engineering company in the field of Metal Products and Metal Formation.