Manaksia Ltd

Manaksia Ltd

₹ 85.8 -0.75%
22 Nov - 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 562 Cr.
  • Current Price 85.8
  • High / Low 149 / 83.0
  • Stock P/E 7.59
  • Book Value 79.7
  • Dividend Yield 0.00 %
  • ROCE 10.2 %
  • ROE 7.47 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.08 times its book value

Cons

  • The company has delivered a poor sales growth of -6.66% over past five years.
  • Company has a low return on equity of 10.7% over last 3 years.
  • Earnings include an other income of Rs.42.0 Cr.
  • Dividend payout has been low at 9.72% of profits 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: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
236 306 359 309 262 289 306 236 199 152 115 105 169
198 242 275 256 234 262 266 206 173 131 95 91 161
Operating Profit 38 64 83 52 27 27 39 30 25 21 19 14 9
OPM % 16% 21% 23% 17% 10% 9% 13% 13% 13% 14% 17% 13% 5%
18 15 15 11 18 24 25 7 15 10 -2 17 17
Interest 2 3 3 3 4 5 4 2 4 4 3 2 3
Depreciation 6 7 5 5 6 6 4 3 3 2 2 1 1
Profit before tax 48 70 91 54 36 41 57 32 34 25 13 28 21
Tax % 30% 29% 22% 76% 31% 21% 33% 30% 30% 31% -19% 33% 29%
33 50 70 13 25 32 38 22 24 17 15 19 15
EPS in Rs 5.12 7.79 10.37 2.06 3.76 4.74 5.75 3.36 3.53 2.49 2.16 2.60 2.23
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
2,109 1,679 1,128 1,099 1,041 986 990 856 861 1,174 1,165 702 542
1,742 1,355 928 918 864 895 906 784 760 946 1,019 606 478
Operating Profit 367 324 200 181 176 91 85 72 101 228 146 96 64
OPM % 17% 19% 18% 16% 17% 9% 9% 8% 12% 19% 13% 14% 12%
-22 6 4 4 5 96 66 63 33 60 77 30 42
Interest 55 37 28 21 17 18 10 6 6 10 15 12 12
Depreciation 105 93 62 60 48 44 44 42 32 25 21 9 7
Profit before tax 184 200 113 104 116 126 97 88 96 254 187 104 87
Tax % 8% 4% 8% 10% 13% 24% 22% 30% 33% 27% 42% 24%
169 191 104 94 101 96 75 61 65 186 108 79 66
EPS in Rs 25.99 29.21 15.79 14.24 15.36 14.48 11.16 8.95 9.11 27.95 16.31 11.53 9.48
Dividend Payout % 0% 7% 13% 14% 0% 21% 27% 117% 33% 11% 18% 0%
Compounded Sales Growth
10 Years: -8%
5 Years: -7%
3 Years: -7%
TTM: -47%
Compounded Profit Growth
10 Years: -11%
5 Years: -3%
3 Years: 5%
TTM: -37%
Stock Price CAGR
10 Years: -4%
5 Years: 20%
3 Years: 12%
1 Year: -35%
Return on Equity
10 Years: 9%
5 Years: 9%
3 Years: 11%
Last Year: 7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 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 13 13 13 13 13 13 13 13 13 13 13 13 13
Reserves 1,262 1,076 1,079 1,193 804 976 1,040 946 943 1,049 1,111 537 509
490 143 220 141 206 52 45 14 52 114 58 74 39
397 220 99 94 243 152 171 155 164 198 211 97 84
Total Liabilities 2,163 1,453 1,412 1,441 1,266 1,194 1,269 1,128 1,172 1,374 1,393 722 644
641 397 363 346 249 310 265 209 173 141 129 48 49
CWIP 252 67 111 161 19 10 4 4 3 4 3 0 2
Investments 2 0 3 5 24 346 415 238 583 630 671 426 316
1,267 988 934 929 973 528 585 677 413 598 591 248 277
Total Assets 2,163 1,453 1,412 1,441 1,266 1,194 1,269 1,128 1,172 1,374 1,393 722 644

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
176 116 113 262 481 279 -5 -37 279 140 53 135
-96 -46 -161 -59 -285 -303 13 178 -359 -45 -5 -250
-76 -70 36 -121 53 -188 -33 -97 33 32 -91 -16
Net Cash Flow 4 -1 -12 82 249 -212 -25 43 -48 127 -43 -131

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 54 22 29 26 64 25 36 30 25 27 45 26
Inventory Days 147 145 182 107 76 71 91 94 81 75 31 50
Days Payable 65 60 27 29 102 32 44 44 37 17 16 16
Cash Conversion Cycle 135 107 184 104 39 64 84 80 69 85 60 60
Working Capital Days 148 160 264 241 141 102 101 150 62 53 42 45
ROCE % 17% 16% 11% 9% 11% 14% 10% 9% 9% 23% 12% 10%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 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%
0.32% 0.54% 0.56% 0.55% 0.49% 1.42% 1.61% 1.70% 1.73% 1.50% 1.28% 1.35%
24.75% 24.53% 24.51% 24.52% 24.56% 23.64% 23.48% 23.36% 23.34% 23.56% 23.78% 23.73%
No. of Shareholders 28,33628,38528,55327,79630,06325,92128,60534,02034,23935,98736,28837,755

* 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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