Manaksia Coated Metals & Industries Ltd

Manaksia Coated Metals & Industries Ltd

₹ 61.9 -2.35%
22 Nov 4:00 p.m.
About

Incorporated in 2010, Manaksia Coated Metals & Industries Ltd manufactures Mosquito Repellent Coils and value-added secondary metal products[1]

Key Points

Business Overview:[1]
MCMI is a part of the Manaksia Group. It manufactures value-added metal products viz. Pre-Painted Metal Coils & Metal Sheets and Galvanized Steel sheets and coils. Company also does contract manufacturing with Reckitt Benckiser to produce Ultramarine Blue Powder in Bhopal

  • Market Cap 461 Cr.
  • Current Price 61.9
  • High / Low 74.8 / 28.0
  • Stock P/E 33.0
  • Book Value 20.7
  • Dividend Yield 0.08 %
  • ROCE 15.3 %
  • ROE 8.92 %
  • Face Value 1.00

Pros

  • Company has delivered good profit growth of 112% CAGR over last 5 years

Cons

  • Stock is trading at 3.00 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 7.33% over last 3 years.

* 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: Steel Industry: Steel - Medium / Small

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
214.63 97.68 179.96 139.25 148.60 176.92 186.84 171.70 194.46 190.91 182.55 193.78 174.91
205.79 91.24 167.58 132.01 141.06 167.99 177.69 164.21 182.02 178.52 167.13 180.59 163.98
Operating Profit 8.84 6.44 12.38 7.24 7.54 8.93 9.15 7.49 12.44 12.39 15.42 13.19 10.93
OPM % 4.12% 6.59% 6.88% 5.20% 5.07% 5.05% 4.90% 4.36% 6.40% 6.49% 8.45% 6.81% 6.25%
2.97 1.60 1.61 2.13 1.60 0.58 0.92 4.23 1.41 1.70 1.84 1.58 2.87
Interest 6.06 4.89 7.09 5.40 6.05 6.97 3.42 8.80 9.59 6.37 8.00 8.48 8.37
Depreciation 2.14 2.11 2.15 2.22 2.22 2.21 2.18 2.20 2.22 2.22 2.21 2.20 2.22
Profit before tax 3.61 1.04 4.75 1.75 0.87 0.33 4.47 0.72 2.04 5.50 7.05 4.09 3.21
Tax % 24.93% 25.00% 20.84% 54.86% -3.45% 24.24% 31.32% 72.22% -1.96% 25.09% 25.53% 25.67% 24.61%
2.70 0.78 3.75 0.79 0.90 0.25 3.08 0.19 2.09 4.11 5.25 3.04 2.43
EPS in Rs 0.41 0.12 0.57 0.12 0.14 0.04 0.47 0.03 0.32 0.63 0.71 0.41 0.33
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
168 215 224 255 229 251 246 446 648 652 740 742
158 208 212 242 214 228 219 412 613 619 689 690
Operating Profit 10 7 12 13 15 23 27 33 35 33 51 52
OPM % 6% 3% 5% 5% 7% 9% 11% 8% 5% 5% 7% 7%
0 3 4 2 3 3 2 2 8 5 6 8
Interest 4 5 4 4 5 14 17 19 23 22 33 31
Depreciation 4 15 10 8 8 10 9 9 9 9 9 9
Profit before tax 2 -11 3 3 5 3 3 8 12 7 15 20
Tax % 54% -31% -14% 89% 42% 91% -69% 20% 24% 32% 24%
1 -7 3 0 3 0 5 6 9 5 12 15
EPS in Rs 20.20 -1.12 0.45 0.04 0.42 0.04 0.74 0.98 1.37 0.77 1.57 2.08
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 3% 0% 4% 3%
Compounded Sales Growth
10 Years: 16%
5 Years: 24%
3 Years: 18%
TTM: 2%
Compounded Profit Growth
10 Years: 27%
5 Years: 112%
3 Years: 21%
TTM: 149%
Stock Price CAGR
10 Years: %
5 Years: 74%
3 Years: 45%
1 Year: 118%
Return on Equity
10 Years: 4%
5 Years: 7%
3 Years: 7%
Last Year: 9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.05 7 7 7 7 7 7 7 7 7 7 7
Reserves 88 73 76 80 83 83 88 94 103 108 135 146
55 68 52 58 119 124 133 143 173 190 178 197
118 69 73 85 91 133 146 188 195 237 211 204
Total Liabilities 261 217 208 229 300 346 373 432 478 541 531 554
93 81 73 96 152 144 140 132 127 119 117 113
CWIP 22 33 45 35 4 47 45 51 40 49 49 52
Investments 0 0 0 0 10 10 10 10 10 10 10 10
146 102 90 98 134 145 178 239 301 364 355 380
Total Assets 261 217 208 229 300 346 373 432 478 541 531 554

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
13 -1 31 20 -8 51 7 20 -12 8 22
-9 -15 -13 -24 -41 -46 -1 -6 9 -8 -6
-4 18 -20 3 56 -12 -6 -13 5 -4 -16
Net Cash Flow 0 3 -2 -1 7 -7 0 2 2 -4 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 150 40 72 62 47 35 35 38 27 24 27
Inventory Days 132 101 43 55 107 180 264 163 151 180 143
Days Payable 249 86 92 84 97 146 186 123 103 138 102
Cash Conversion Cycle 33 56 23 33 58 69 113 78 75 66 68
Working Capital Days 47 74 43 52 106 71 99 63 62 67 72
ROCE % -4% 5% 5% 6% 8% 9% 12% 13% 10% 15%

Shareholding Pattern

Numbers in percentages

7 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
67.43% 67.43% 67.43% 67.43% 67.43% 67.43% 67.43% 67.43% 67.43% 69.19% 69.19% 69.19%
0.19% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.14% 0.10%
32.39% 32.57% 32.57% 32.56% 32.57% 32.58% 32.57% 32.57% 32.57% 30.81% 30.66% 30.70%
No. of Shareholders 22,20036,36034,65433,83632,88831,90131,61831,33429,18629,68126,43725,208

* 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