Manaksia Ltd

Manaksia Ltd

₹ 97.1 0.57%
28 Jun - close price
About

Incorporated in 1984, Manaksia
Ltd is in the business of trading
of Metals and other items[1]

Key Points

Business Overview:[1]
Company, with subsidiaries in India, Nigeria and Ghana, manufactures range of value-added steel products, including corrugated profiled galvanized and colour coated roofing sheets, colour-coated aluminum coils/ profiled sheets and packaging materials such as Roll on Pilfer Proof (ROPP) caps, crown caps and paper

  • Market Cap 637 Cr.
  • Current Price 97.1
  • High / Low 165 / 91.1
  • Stock P/E 34.7
  • Book Value 27.4
  • Dividend Yield 6.18 %
  • ROCE 9.16 %
  • ROE 10.2 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.6%

Cons

  • Tax rate seems low
  • Earnings include an other income of Rs.12.2 Cr.
  • Working capital days have increased from 178 days to 286 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

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
6.19 11.58 20.11 6.41 24.66 130.47 20.53 31.39 60.62 76.77 57.09 11.41 15.55
22.13 11.85 19.48 7.44 24.89 29.90 19.40 31.41 56.55 73.66 53.25 13.04 16.19
Operating Profit -15.94 -0.27 0.63 -1.03 -0.23 100.57 1.13 -0.02 4.07 3.11 3.84 -1.63 -0.64
OPM % -257.51% -2.33% 3.13% -16.07% -0.93% 77.08% 5.50% -0.06% 6.71% 4.05% 6.73% -14.29% -4.12%
27.29 0.86 0.83 1.00 6.38 4.81 -0.29 2.99 7.51 2.26 3.44 2.80 3.69
Interest 0.02 0.01 0.01 0.02 0.03 0.02 0.14 0.19 0.27 0.28 0.19 0.06 0.09
Depreciation 0.08 0.07 0.07 0.06 0.06 0.06 0.06 0.05 0.04 0.04 0.04 0.04 0.04
Profit before tax 11.25 0.51 1.38 -0.11 6.06 105.30 0.64 2.73 11.27 5.05 7.05 1.07 2.92
Tax % 32.00% 25.49% 18.12% -136.36% -19.14% 24.23% -1.56% -127.47% 6.30% 11.88% 24.54% 40.19% -171.23%
7.65 0.38 1.13 -0.27 7.23 79.79 0.65 6.20 10.57 4.45 5.32 0.64 7.93
EPS in Rs 1.17 0.06 0.17 -0.04 1.10 12.18 0.10 0.95 1.61 0.68 0.81 0.10 1.21
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1,184 571 1 26 31 47 34 36 27 63 143 161
1,114 540 14 28 40 50 43 45 48 64 137 156
Operating Profit 70 31 -14 -3 -8 -3 -9 -8 -21 -1 6 5
OPM % 6% 5% -2,117% -10% -27% -5% -27% -23% -80% -1% 4% 3%
23 26 24 33 21 69 37 75 30 9 115 12
Interest 37 16 0 0 0 0 0 0 0 0 1 1
Depreciation 22 12 1 1 0 0 0 0 0 0 0 0
Profit before tax 34 30 9 29 12 66 27 66 8 8 120 16
Tax % 20% 23% 18% 21% 30% 21% 22% 20% 46% -8% 19% -14%
28 23 7 23 9 52 21 53 4 8 97 18
EPS in Rs 4.20 3.51 1.13 3.53 1.31 7.89 3.25 8.06 0.64 1.29 14.84 2.80
Dividend Payout % 0% 57% 178% 57% 0% 38% 92% 130% 467% 232% 20% 0%
Compounded Sales Growth
10 Years: -12%
5 Years: 37%
3 Years: 82%
TTM: 12%
Compounded Profit Growth
10 Years: -2%
5 Years: -3%
3 Years: 64%
TTM: -81%
Stock Price CAGR
10 Years: 0%
5 Years: 23%
3 Years: 14%
1 Year: -41%
Return on Equity
10 Years: 25%
5 Years: 27%
3 Years: 29%
Last Year: 10%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 13 13 13 13 13 13 13 13 13 13 13 13
Reserves 508 74 67 77 79 111 113 97 101 90 168 166
270 0 0 0 7 2 0 0 0 0 0 5
230 3 3 5 10 12 17 1 1 6 6 3
Total Liabilities 1,022 90 83 95 110 139 143 111 116 109 187 188
313 4 3 3 3 2 2 2 2 2 2 2
CWIP 34 0 0 0 0 0 0 0 0 0 0 0
Investments 69 37 40 38 37 42 39 38 39 43 67 139
606 49 40 55 71 94 102 71 75 65 119 47
Total Assets 1,022 90 83 95 110 139 143 111 116 109 187 188

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3 126 -4 -17 -30 -2 -20 -11 -6 9 2 -4
35 -7 16 32 24 48 28 81 -2 12 16 20
-38 -119 -13 -13 5 -25 -22 -69 -0 -20 -20 -15
Net Cash Flow 1 1 -1 2 -1 21 -14 1 -9 1 -2 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 75 0 2,646 230 210 148 267 42 58 35 4 16
Inventory Days 88 0 63 0 0 0 1 0 9 4 2 0
Days Payable 50 0 177 1 3 31 1 1
Cash Conversion Cycle 113 0 2,709 230 210 148 91 41 64 8 5 15
Working Capital Days 122 28 20,292 637 613 416 782 534 780 175 73 286
ROCE % 13% 11% 11% 34% 13% 58% 21% 55% 7% 7% 84%

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.

Click on the line-items to see the names of individual entities.

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