Manaksia Coated Metals & Industries Ltd
Incorporated in 2010, Manaksia Coated Metals & Industries Ltd manufactures Mosquito Repellent Coils and value-added secondary metal products[1]
- 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 15 Nov
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
11 Nov - Audio recording of Investor Call available on website.
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Announcement under Regulation 30 (LODR)-Investor Presentation
11 Nov - Q2 FY25 earnings presentation released by MCMIL.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Nov
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
9 Nov - Manaksia Coated Metals reports 151% rise in H1 FY25 net profit.
Annual reports
Concalls
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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