Manilam Industries India Ltd

AI
Manilam Industries Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents
AI

Manilam Industries India Ltd

₹ 32.4 4.35%
13 Nov - close price
manilam.com NSE - SME: MANILAM
About

Incorporated in 2015, Manilam Industries India Ltd is engaged in the manufacturing and sale
of designer laminate & allied products and Veneer & Plywoods

Key Points

Business Overview:[1]
MIIL, started as a partnership firm viz. B.P. Industries, is engaged in the manufacturing of decorative laminates and the trading of plywood. The company manufactures decorative laminates in various thicknesses (0.7mm to 1mm) and trades plywood in different grades and sizes, primarily serving the industrial and commercial sectors.

Website NSE - SM
  • Market Cap ₹ 70.7 Cr.
  • Current Price ₹ 32.4
  • High / Low ₹ 67.0 / 30.2
  • Stock P/E
  • Book Value ₹ 32.5
  • Dividend Yield 0.00 %
  • ROCE 8.47 %
  • ROE 3.93 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Stock is trading at 1.00 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 8.28% over past five years.
  • Company has a low return on equity of 10.7% over last 3 years.
  • Company has high debtors of 223 days.
  • Working capital days have increased from 73.5 days to 134 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

Consumer Discretionary Consumer Durables Consumer Durables Plywood Boards/ Laminates

Part of Nifty SME Emerge

Edit Columns
Loading peers table ...

Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2025 Mar 2026 Sep 2026
60.26 44.02 50.38
51.59 40.93 45.06
Operating Profit 8.67 3.09 5.32
OPM % 14.39% 7.02% 10.56%
0.39 0.01 0.07
Interest 3.28 2.96 2.78
Depreciation 1.33 1.57 1.45
Profit before tax 4.45 -1.43 1.16
Tax % 28.09% -19.58% 65.52%
3.20 -1.15 0.40
EPS in Rs 1.87 -0.53 0.18
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
70.05 115.42 148.10 137.90 140.03 104.28 94.40
64.76 108.08 138.98 123.72 122.29 92.53 85.99
Operating Profit 5.29 7.34 9.12 14.18 17.74 11.75 8.41
OPM % 7.55% 6.36% 6.16% 10.28% 12.67% 11.27% 8.91%
0.65 -0.04 0.72 0.14 2.14 0.41 0.08
Interest 3.21 3.96 5.17 7.13 7.77 6.24 5.74
Depreciation 1.67 2.11 2.41 2.67 2.68 2.90 3.02
Profit before tax 1.06 1.23 2.26 4.52 9.43 3.02 -0.27
Tax % 25.47% 40.65% 29.65% 30.31% 32.66% 32.12%
0.78 0.72 1.59 3.14 6.37 2.06 -0.75
EPS in Rs 0.62 0.45 0.99 1.95 3.96 0.94 -0.35
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 8%
3 Years: -11%
TTM: -26%
Compounded Profit Growth
10 Years: %
5 Years: 20%
3 Years: 9%
TTM: -68%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 9%
3 Years: 11%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 1.78 2.30 2.30 2.30 2.30 21.85 21.85
Reserves 11.47 20.00 20.94 24.08 31.57 48.68 49.09
43.49 47.75 60.76 73.49 62.45 51.48 56.25
30.11 51.50 49.42 49.63 62.69 49.18 42.73
Total Liabilities 86.85 121.55 133.42 149.50 159.01 171.19 169.92
28.16 31.44 34.80 33.40 29.96 28.88 27.92
CWIP 2.16 1.27 0.00 0.00 0.00 0.00 0.00
Investments 0.25 0.25 0.00 0.00 0.00 0.00 0.00
56.28 88.59 98.62 116.10 129.05 142.31 142.00
Total Assets 86.85 121.55 133.42 149.50 159.01 171.19 169.92

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1.16 -5.21 -2.85 -4.19 17.60 -6.10
-7.95 -3.51 -5.05 -1.22 0.81 -0.95
6.80 8.63 7.84 5.60 -18.44 16.55
Net Cash Flow 0.01 -0.09 -0.06 0.18 -0.03 9.50
Free Cash Flow -6.45 -9.80 -7.91 -5.42 18.40 -7.07
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 25% -69% -27% -27% 105% -50%

Ratios

Consolidated / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 177.58 147.71 144.35 178.19 208.63 222.79
Inventory Days 126.76 152.61 119.01 160.53 176.39 330.34
Days Payable 150.89 166.25 126.25 133.75 177.74 188.21
Cash Conversion Cycle 153.45 134.08 137.11 204.96 207.28 364.91
Working Capital Days 72.22 67.55 30.81 37.06 49.76 133.81
ROCE % 8.33% 9.65% 12.63% 17.51% 8.47%

Insights

In beta
Mar 2022 Mar 2023 Mar 2024 Mar 2025
Total Number of Designs (SKUs)
count ・Standalone data

Log in to view insights

Please log in to see hidden values.

Login
Laminated Sheets Capacity Utilization
% ・Standalone data
Laminated Sheets Production Volume
Pcs ・Standalone data
Laminates Revenue Share
% of revenue from operations ・Standalone data
Number of Dealers
count ・Standalone data
Number of Distributors
count ・Standalone data
Plywood (Manufacturing) Revenue Share
% of revenue from operations ・Standalone data
Trading Activities Revenue Share
% of revenue from operations ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Mar 2026Sep 2026
61.93% 61.93%
10.24% 10.24%
0.23% 0.64%
27.60% 27.19%
No. of Shareholders 255210

* 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.

Documents

Announcements

Annual reports

DRHP

Credit ratings