Manas Properties Ltd
Incorporated in 2004, Manas Properties is in the business of construction, re-development, and leasing of properties[1]
- Market Cap ₹ 162 Cr.
- Current Price ₹ 390
- High / Low ₹ 390 / 388
- Stock P/E 6.73
- Book Value ₹ 200
- Dividend Yield 0.00 %
- ROCE 50.1 %
- ROE 40.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.6%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Earnings include an other income of Rs.35.6 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
Sector: Realty Industry: Construction
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 1 | 1 | 4 | 4 | 1 | 7 | 4 | 5 | |
Operating Profit | -0 | -0 | -0 | 1 | 1 | -1 | -4 | -4 | -1 | -7 | -4 | -5 |
OPM % | 77% | 48% | -786% | |||||||||
11 | 8 | 7 | 6 | 0 | 1 | 17 | 21 | 0 | 8 | 35 | 36 | |
Interest | 11 | 11 | 9 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | -0 | -3 | -2 | 5 | 1 | 0 | 13 | 17 | -1 | 1 | 31 | 30 |
Tax % | 0% | 0% | 0% | 2% | 41% | 17% | 18% | -13% | -6% | 19% | 19% | |
-0 | -3 | -2 | 5 | 1 | 0 | 11 | 14 | -1 | 1 | 25 | 24 | |
EPS in Rs | -0.60 | -6.98 | -4.01 | 13.32 | 1.47 | 0.00 | 26.23 | 33.61 | -2.67 | 1.35 | 60.07 | 57.98 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | % |
Compounded Profit Growth | |
---|---|
10 Years: | 27% |
5 Years: | 17% |
3 Years: | 187% |
TTM: | -3% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -4% |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 31% |
3 Years: | 36% |
Last Year: | 41% |
Balance Sheet
Figures in Rs. Crores
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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Reserves | -1 | -4 | -6 | -0 | 6 | 6 | 17 | 31 | 29 | 30 | 55 | 79 |
76 | 68 | 56 | 45 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | |
27 | 27 | 27 | 29 | 28 | 28 | 28 | 27 | 27 | 27 | 27 | 27 | |
Total Liabilities | 107 | 95 | 81 | 78 | 38 | 39 | 50 | 62 | 61 | 62 | 87 | 110 |
0 | 0 | 0 | 0 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 3 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 33 | 33 | 33 | 33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33 |
74 | 63 | 49 | 46 | 6 | 6 | 17 | 29 | 28 | 29 | 54 | 75 | |
Total Assets | 107 | 95 | 81 | 78 | 38 | 39 | 50 | 62 | 61 | 62 | 87 | 110 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
32 | -3 | 1 | -10 | -1 | -1 | 10 | 12 | -0 | 1 | 26 | 22 | |
11 | 8 | 7 | 3 | 43 | -2 | -7 | -15 | -0 | 7 | -8 | 3 | |
-43 | -5 | -8 | 7 | -39 | 0 | 0 | -0 | 0 | -0 | 0 | -0 | |
Net Cash Flow | 0 | 0 | 0 | 0 | 3 | -3 | 3 | -3 | -0 | 8 | 18 | 24 |
Ratios
Figures in Rs. Crores
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 | 2 | 2 | 2,659 | |||||||||
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 2 | 2 | 2,659 | |||||||||
Working Capital Days | 8,228 | -959 | -23,881 | |||||||||
ROCE % | 14% | 11% | 12% | 14% | 4% | 0% | 82% | 60% | -3% | 2% | 66% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 31 May
- Submission Of Standalone Audited IND-AS Compliant Financial Results For Quarter And Year Ended 31St, March, 2024 With Audit Report In Pursuance Of Regulation 33 Of Listing Obligation And Disclosure Requirement, 2015 Along With Statement Of Assets And Liabilities For Quarter And Year Ended 31St, March, 2024. 29 May
- Board Meeting Outcome for Outcome Of The Board Meeting Held On 29Th May, 2024 Pursuant To Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015. 29 May
- Board Meeting Intimation for Considering The Audited Financial Results For The Year Ended March 31, 2024 22 May
- We Hereby Submit The Compliance Certificate Under Regulation 7(3) Of SEBI (Listing Obligations And Disclosures Requirements) Regulations 2015 For The Year Ended 31St March 2024. 30 Apr
Business Overview:[1]
MPL is a part of the Dev Land and Housing Private Limited (DHL) Group. It is in the business of acquiring properties and leasing it out to clients. Company owns a property measuring 3,078 square metres of built up area at Santacruz (West), Mumbai. This property is leased out to Junobo Hotels Private Limited, for operating Soho House, a private luxury club the lease rentals. Apart from this, company also acts as a real estate marketing and consultancy company and the business is undertaken by DHL.