Manas Polymers & Energies Ltd
Incorporated in January 2024, Manas Polymers and Energies manufactures premium food-grade PET preforms, bottles, jars, and caps.[1]
- Market Cap ₹ 52.6 Cr.
- Current Price ₹ 22.6
- High / Low ₹ 87.7 / 19.2
- Stock P/E 6.17
- Book Value ₹ 16.0
- Dividend Yield 0.00 %
- ROCE 30.4 %
- ROE 36.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.7%
- Debtor days have improved from 191 to 59.2 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -10.5%
- Company might be capitalizing the interest cost
* 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 Plastic Products - Industrial
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2024 3m | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 4.76 | 31.54 | 53.00 | |
| 3.87 | 25.78 | 40.20 | |
| Operating Profit | 0.89 | 5.76 | 12.80 |
| OPM % | 18.70% | 18.26% | 24.15% |
| 0.27 | 1.51 | 1.86 | |
| Interest | 0.26 | 0.80 | 0.91 |
| Depreciation | 0.15 | 0.98 | 2.80 |
| Profit before tax | 0.75 | 5.49 | 10.95 |
| Tax % | 1.33% | 26.05% | 22.28% |
| 0.75 | 4.06 | 8.52 | |
| EPS in Rs | 0.51 | 2.78 | 3.66 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 68% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 110% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -73% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| Last Year: | 36% |
Balance Sheet
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 4.87 | 4.87 | 7.78 |
| Reserves | 1.07 | 4.88 | 29.60 |
| 11.88 | 10.71 | 20.23 | |
| 3.03 | 8.68 | 8.01 | |
| Total Liabilities | 20.85 | 29.14 | 65.62 |
| 6.56 | 12.12 | 14.93 | |
| CWIP | 0.84 | 0.15 | 13.05 |
| Investments | 0.00 | 0.00 | 3.07 |
| 13.45 | 16.87 | 34.57 | |
| Total Assets | 20.85 | 29.14 | 65.62 |
Cash Flows
Figures in Rs. Crores
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| -1.51 | 6.75 | -6.20 | |
| -0.80 | -5.70 | -21.49 | |
| 3.61 | -1.97 | 27.73 | |
| Net Cash Flow | 1.30 | -0.92 | 0.04 |
| Free Cash Flow | -2.31 | 1.04 | -24.71 |
| CFO/OP | -147% | 142% | -27% |
Ratios
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 448.58 | 65.39 | 59.16 |
| Inventory Days | 515.67 | 112.69 | 106.48 |
| Days Payable | 214.33 | 54.17 | 20.31 |
| Cash Conversion Cycle | 749.92 | 123.91 | 145.33 |
| Working Capital Days | 154.13 | -19.44 | 95.59 |
| ROCE % | 32.86% | 30.43% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| HDPE Containers Capacity Utilization % |
|
||
| PET Bottles and Jars Capacity Utilization % |
|||
| PET Preforms Capacity Utilization % |
|||
| PET Preforms Installed Capacity Tonnes/Year |
|||
| PET Preforms Production Volume Tonnes |
|||
| Solar Power Installed Capacity Energy Units/Year |
|||
| Top 10 Customer Revenue Concentration % |
|||
| Madhya Pradesh Revenue Concentration % |
|||
Extracted by Screener AI
Documents
Announcements
-
Shareholders meeting
- 03rd AGM held 30 Sep 2026; all 4 resolutions passed by requisite majority.
-
Shareholders meeting
- Manas Polymers held its 3rd AGM on 30 September 2026; audited results adopted and auditors appointed.
-
General Updates
- NSE approved listing/trading of 1,55,52,000 rights shares from September 30, 2026.
-
Trading Window
- Trading window closed from 1 October 2026 until 48 hours after half-year results.
-
Copy of Newspaper Publication
- Company published newspaper notice for basis of allotment of its Rights Issue on September 28, 2026.
Business Profile[1]
Manas Polymers and Energies Limited is engaged in the manufacturing and supply of premium food-grade PET preforms, PET bottles, jars, HDPE containers, and closure caps, alongside a renewable energy business (solar power generation and distribution).