Manaksia Steels Ltd

Manaksia Steels Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Manaksia Steels Ltd

₹ 61.2 3.28%
22 Nov - close price
manaksiasteels.com BSE: 539044 NSE: MANAKSTEEL
About

Incorporated in 2001, Manaksia Steels
Ltd manufactures value-added secondary
steel products[1]

Key Points

Busienss Overview:[1]
MSL is a flagship company of the Manaksia Group. It is an ISO 9001: 2015 accredited, multi-location, multi–product, light engineering company in the field of Metal Products and Metal Formation.

Website BSE NSE
  • Market Cap ₹ 401 Cr.
  • Current Price ₹ 61.2
  • High / Low ₹ 107 / 43.3
  • Stock P/E 29.0
  • Book Value ₹ 48.4
  • Dividend Yield 0.00 %
  • ROCE 9.58 %
  • ROE 8.44 %
  • Face Value ₹ 1.00
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Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 8.00% over last 3 years.
  • Earnings include an other income of Rs.23.4 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: Steel Industry: Steel - Medium / Small

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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
88.96 133.01 168.56 168.40 133.58 129.35 210.15 205.51 154.56 118.92 152.97 156.31 95.45
83.54 125.13 155.92 165.39 129.62 127.32 202.09 193.61 146.14 113.68 146.08 153.72 98.92
Operating Profit 5.42 7.88 12.64 3.01 3.96 2.03 8.06 11.90 8.42 5.24 6.89 2.59 -3.47
OPM % 6.09% 5.92% 7.50% 1.79% 2.96% 1.57% 3.84% 5.79% 5.45% 4.41% 4.50% 1.66% -3.64%
3.05 1.15 1.25 0.06 2.24 3.45 1.49 3.33 4.50 6.46 4.19 3.80 8.94
Interest 0.09 0.09 0.41 0.10 0.43 0.61 1.33 0.59 0.46 2.66 3.50 1.52 1.18
Depreciation 1.43 1.42 1.36 1.39 1.39 1.32 1.28 1.29 1.22 1.32 1.00 1.17 1.25
Profit before tax 6.95 7.52 12.12 1.58 4.38 3.55 6.94 13.35 11.24 7.72 6.58 3.70 3.04
Tax % 26.76% 17.55% 35.48% 34.81% 22.37% 20.56% 22.33% 23.52% 23.13% 20.73% 20.06% 37.03% 21.71%
5.09 6.20 7.82 1.03 3.40 2.82 5.40 10.20 8.64 6.13 5.25 2.33 2.38
EPS in Rs 0.78 0.95 1.19 0.16 0.52 0.43 0.82 1.56 1.32 0.94 0.80 0.36 0.36
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 TTM
0 213 329 289 334 494 689 488 388 505 641 632 524
0 194 313 272 309 459 666 473 360 466 624 600 512
Operating Profit 0 19 16 17 25 35 23 14 28 39 17 32 11
OPM % 9% 5% 6% 8% 7% 3% 3% 7% 8% 3% 5% 2%
0 5 6 1 2 2 2 3 6 8 7 18 23
Interest 0 6 3 2 4 4 3 2 1 1 2 7 9
Depreciation 0 2 8 7 8 7 5 6 6 6 5 5 5
Profit before tax 0 15 11 8 15 27 17 10 27 41 16 39 21
Tax % 32% 26% 39% 37% 37% 38% 11% 27% 27% 23% 22%
0 11 8 5 9 17 10 9 20 30 13 30 16
EPS in Rs 0.00 210.40 1.25 0.76 1.39 2.54 1.57 1.33 3.00 4.51 1.93 4.61 2.46
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 12%
5 Years: -2%
3 Years: 18%
TTM: -25%
Compounded Profit Growth
10 Years: 9%
5 Years: 20%
3 Years: 9%
TTM: -49%
Stock Price CAGR
10 Years: %
5 Years: 46%
3 Years: 18%
1 Year: 32%
Return on Equity
10 Years: 7%
5 Years: 8%
3 Years: 8%
Last Year: 8%

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 Sep 2024
Equity Capital 0.05 0.05 7 7 7 7 7 7 7 7 7 7 7
Reserves -0 140 142 147 153 170 180 187 212 251 275 302 310
0 128 45 54 58 93 0 42 64 8 46 183 133
0 71 36 42 36 88 95 61 22 24 29 54 26
Total Liabilities 0 340 229 249 254 357 281 296 305 290 357 546 476
0 73 68 62 55 50 49 47 43 39 40 49 55
CWIP 0 2 1 1 2 3 0 2 0 5 7 32 69
Investments 0 0 0 0 0 32 42 35 49 77 154 234 104
0 265 160 186 197 273 190 212 212 168 155 231 248
Total Assets 0 340 229 249 254 357 281 296 305 290 357 546 476

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
-97 95 -5 10 -15 101 -6 34 -2 29 -49
-7 -1 -1 -12 -26 -5 -22 -72 59 -67 -84
119 -87 7 -1 31 -96 39 21 -57 35 131
Net Cash Flow 15 7 1 -3 -9 0 11 -16 1 -2 -3

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 130 63 115 102 69 43 32 16 14 8 15
Inventory Days 305 87 80 67 112 45 76 98 75 60 92
Days Payable 114 30 40 22 67 50 43 12 8 8 6
Cash Conversion Cycle 321 120 155 148 113 38 64 102 81 61 101
Working Capital Days 321 121 153 150 121 44 75 81 99 59 86
ROCE % 0% 16% 6% 5% 9% 12% 8% 5% 10% 14% 6% 10%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.75% 74.75% 74.75% 74.75% 74.75% 74.75% 74.75% 74.75% 74.75% 74.75% 74.75% 74.75%
0.17% 0.10% 0.13% 0.20% 0.10% 0.12% 0.73% 0.96% 0.88% 0.78% 0.73% 0.64%
0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
25.08% 25.15% 25.12% 25.05% 25.15% 25.12% 24.51% 24.29% 24.37% 24.48% 24.52% 24.61%
No. of Shareholders 23,45326,99629,25328,86028,18627,09626,98527,59927,85334,56033,44232,443

* 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

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