Manali Petrochemicals Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 4, 2025, 11:20 am

Market Cap	989 Cr.
Current Price	57.5
High / Low	105/55.0
Stock P/E	47.8
Book Value	62.3
Dividend Yield	1.31 %
ROCE	4.75 %
ROE	2.25 %
Face Value	5.00
PEG Ratio	-1.29

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Manali Petrochemicals Ltd

Competitors of Manali Petrochemicals Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Hindustan Fluoro Carbons Ltd	26.4 Cr.	13.5	22.6/10.8	46.4	41.9	0.00 %	3.05 %	%	10.0
Gujarat Petrosynthese Ltd	35.8 Cr.	60.0	98.0/52.1	32.5	81.9	0.00 %	2.73 %	3.46 %	10.0
AVI Polymers Ltd	6.10 Cr.	14.9	20.7/9.80	76.2	12.0	0.00 %	0.57 %	0.41 %	10.0
Supreme Petrochem Ltd	11,470 Cr.	610	927/518	27.6	112	1.48 %	22.5 %	16.8 %	2.00
Signet Industries Ltd	152 Cr.	51.8	97.4/39.0	13.1	75.4	0.96 %	14.8 %	7.22 %	10.0
Industry Average	3,824.43 Cr	179.07		38.59	79.55	0.92%	12.39%	9.72%	7.55

All Competitor Stocks of Manali Petrochemicals Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	490.87	413.85	324.44	285.65	237.70	333.52	301.32	270.00	204.75	256.28	240.42	230.22	196.12
Expenses	338.71	310.82	273.74	268.09	233.52	327.44	293.69	255.45	199.59	238.97	219.67	226.39	183.45
Operating Profit	152.16	103.03	50.70	17.56	4.18	6.08	7.63	14.55	5.16	17.31	20.75	3.83	12.67
OPM %	31.00%	24.90%	15.63%	6.15%	1.76%	1.82%	2.53%	5.39%	2.52%	6.75%	8.63%	1.66%	6.46%
Other Income	3.29	4.23	5.70	6.40	6.50	5.25	6.57	8.52	7.72	0.81	6.36	5.79	4.37
Interest	1.95	3.57	1.79	1.77	3.26	2.40	2.15	2.20	2.26	2.99	2.63	2.45	2.62
Depreciation	5.80	5.35	5.41	5.50	5.75	6.51	6.15	5.95	6.09	7.13	6.61	6.62	6.74
Profit before tax	147.70	98.34	49.20	16.69	1.67	2.42	5.90	14.92	4.53	8.00	17.87	0.55	7.68
Tax %	25.46%	24.82%	26.26%	29.96%	-88.62%	118.60%	30.34%	27.21%	35.10%	83.75%	27.14%	63.64%	31.38%
Net Profit	110.09	73.93	36.28	11.68	3.15	-0.45	4.11	10.86	2.94	1.30	13.02	0.20	5.27
EPS in Rs	6.40	4.30	2.11	0.68	0.18	-0.03	0.24	0.63	0.17	0.08	0.76	0.01	0.31

Last Updated: February 28, 2025, 6:33 pm

Below is a detailed analysis of the quarterly data for Manali Petrochemicals Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is ₹196.12 Cr.. The value appears to be declining and may need further review. It has decreased from 230.22 Cr. (Sep 2024) to ₹196.12 Cr., marking a decrease of 34.10 Cr..
For Expenses, as of Dec 2024, the value is ₹183.45 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 226.39 Cr. (Sep 2024) to ₹183.45 Cr., marking a decrease of 42.94 Cr..
For Operating Profit, as of Dec 2024, the value is ₹12.67 Cr.. The value appears strong and on an upward trend. It has increased from 3.83 Cr. (Sep 2024) to ₹12.67 Cr., marking an increase of 8.84 Cr..
For OPM %, as of Dec 2024, the value is 6.46%. The value appears strong and on an upward trend. It has increased from 1.66% (Sep 2024) to 6.46%, marking an increase of 4.80%.
For Other Income, as of Dec 2024, the value is ₹4.37 Cr.. The value appears to be declining and may need further review. It has decreased from 5.79 Cr. (Sep 2024) to ₹4.37 Cr., marking a decrease of 1.42 Cr..
For Interest, as of Dec 2024, the value is ₹2.62 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.45 Cr. (Sep 2024) to ₹2.62 Cr., marking an increase of 0.17 Cr..
For Depreciation, as of Dec 2024, the value is ₹6.74 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6.62 Cr. (Sep 2024) to ₹6.74 Cr., marking an increase of 0.12 Cr..
For Profit before tax, as of Dec 2024, the value is ₹7.68 Cr.. The value appears strong and on an upward trend. It has increased from 0.55 Cr. (Sep 2024) to ₹7.68 Cr., marking an increase of 7.13 Cr..
For Tax %, as of Dec 2024, the value is 31.38%. The value appears to be improving (decreasing) as expected. It has decreased from 63.64% (Sep 2024) to 31.38%, marking a decrease of 32.26%.
For Net Profit, as of Dec 2024, the value is ₹5.27 Cr.. The value appears strong and on an upward trend. It has increased from 0.20 Cr. (Sep 2024) to ₹5.27 Cr., marking an increase of 5.07 Cr..
For EPS in Rs, as of Dec 2024, the value is 0.31. The value appears strong and on an upward trend. It has increased from 0.01 (Sep 2024) to 0.31, marking an increase of 0.30.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:34 pm

Metric	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	579	626	748	810	803	1,024	1,672	1,177	1,032	923
Expenses	511	574	651	710	733	723	1,143	1,103	985	868
Operating Profit	68	52	97	100	70	302	529	74	47	55
OPM %	12%	8%	13%	12%	9%	29%	32%	6%	5%	6%
Other Income	9	18	3	27	5	-8	11	28	21	17
Interest	3	2	3	2	6	5	9	9	10	11
Depreciation	6	8	9	11	14	21	20	23	25	27
Profit before tax	69	60	88	113	54	268	511	70	33	34
Tax %	31%	37%	34%	33%	14%	25%	25%	28%	42%
Net Profit	48	38	58	77	47	201	381	51	19	20
EPS in Rs	2.79	2.20	3.37	4.45	2.71	11.70	22.16	2.95	1.12	1.16
Dividend Payout %	18%	23%	15%	17%	28%	13%	11%	25%	67%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-20.83%	52.63%	32.76%	-38.96%	327.66%	89.55%	-86.61%	-62.75%
Change in YoY Net Profit Growth (%)	0.00%	73.46%	-19.87%	-71.72%	366.62%	-238.11%	-176.17%	23.87%

Manali Petrochemicals Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2016-2017 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	5%
3 Years:	0%
TTM:	-17%

Compounded Profit Growth
10 Years:	%
5 Years:	-18%
3 Years:	-52%
TTM:	19%

Stock Price CAGR
10 Years:	13%
5 Years:	40%
3 Years:	-22%
1 Year:	-23%

Return on Equity
10 Years:	%
5 Years:	18%
3 Years:	16%
Last Year:	2%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 8:34 pm

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	86	86	86	86	86	86	86	86	86	86
Reserves	196	225	306	369	395	594	944	958	976	985
Borrowings	2	26	23	34	26	14	19	7	22	89
Other Liabilities	215	195	141	165	153	198	241	223	224	161
Total Liabilities	499	532	556	654	660	892	1,290	1,274	1,308	1,322
Fixed Assets	105	206	273	283	302	292	343	552	559	561
CWIP	16	28	12	6	26	28	14	23	17	29
Investments	69	16	57	0	41	0	0	0	29	6
Other Assets	310	282	214	364	291	572	933	700	704	726
Total Assets	499	532	556	654	660	892	1,290	1,274	1,308	1,322

Below is a detailed analysis of the balance sheet data for Manali Petrochemicals Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹86.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 86.00 Cr..
For Reserves, as of Sep 2024, the value is ₹985.00 Cr.. The value appears strong and on an upward trend. It has increased from 976.00 Cr. (Mar 2024) to ₹985.00 Cr., marking an increase of 9.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹89.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 22.00 Cr. (Mar 2024) to ₹89.00 Cr., marking an increase of 67.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹161.00 Cr.. The value appears to be improving (decreasing). It has decreased from 224.00 Cr. (Mar 2024) to ₹161.00 Cr., marking a decrease of 63.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹1,322.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,308.00 Cr. (Mar 2024) to ₹1,322.00 Cr., marking an increase of 14.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹561.00 Cr.. The value appears strong and on an upward trend. It has increased from 559.00 Cr. (Mar 2024) to ₹561.00 Cr., marking an increase of 2.00 Cr..
For CWIP, as of Sep 2024, the value is ₹29.00 Cr.. The value appears strong and on an upward trend. It has increased from 17.00 Cr. (Mar 2024) to ₹29.00 Cr., marking an increase of 12.00 Cr..
For Investments, as of Sep 2024, the value is ₹6.00 Cr.. The value appears to be declining and may need further review. It has decreased from 29.00 Cr. (Mar 2024) to ₹6.00 Cr., marking a decrease of 23.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹726.00 Cr.. The value appears strong and on an upward trend. It has increased from 704.00 Cr. (Mar 2024) to ₹726.00 Cr., marking an increase of 22.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹1,322.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,308.00 Cr. (Mar 2024) to ₹1,322.00 Cr., marking an increase of 14.00 Cr..

Notably, the Reserves (985.00 Cr.) exceed the Borrowings (89.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-6	87	58	13	87	219	373	92	63
Cash from Investing Activity +	-7	-133	-8	-20	-18	-4	-16	-262	-70
Cash from Financing Activity +	-11	6	-17	-2	-29	-28	-26	-64	-7
Net Cash Flow	-24	-39	33	-9	41	186	331	-234	-14

Free Cash Flow

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	66.00	26.00	74.00	66.00	44.00	288.00	510.00	67.00	25.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	57	48	49	51	49	61	35	49	43
Inventory Days	96	101	53	81	58	47	35	47	55
Days Payable	124	109	47	64	36	54	38	27	31
Cash Conversion Cycle	29	39	55	68	71	54	32	70	67
Working Capital Days	44	31	32	65	50	38	27	46	40
ROCE %		20%	24%	22%	14%	49%	60%	8%	5%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	44.86%	44.86%	44.87%	44.87%	44.87%	44.87%	44.87%	44.87%	44.87%	44.87%	44.87%	44.87%
FIIs	2.90%	3.05%	2.24%	1.95%	2.17%	1.96%	0.81%	0.86%	0.79%	1.32%	1.10%	1.06%
DIIs	0.05%	0.05%	0.03%	0.03%	0.03%	0.03%	0.07%	0.02%	0.02%	0.07%	0.01%	0.01%
Public	52.18%	52.03%	52.86%	53.16%	52.92%	53.15%	54.24%	54.26%	54.33%	53.74%	54.02%	54.07%
No. of Shareholders	1,69,543	1,85,665	1,98,207	2,00,631	2,00,760	1,98,977	1,96,673	1,91,875	1,88,540	1,71,175	1,62,753	1,62,534

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	1.12	2.95	22.16	11.70	2.71
Diluted EPS (Rs.)	1.12	2.95	22.16	11.70	2.71
Cash EPS (Rs.)	2.59	4.29	23.31	12.92	3.55
Book Value[Excl.RevalReserv]/Share (Rs.)	61.73	60.70	59.88	39.52	27.97
Book Value[Incl.RevalReserv]/Share (Rs.)	61.73	60.70	59.88	39.52	27.97
Revenue From Operations / Share (Rs.)	60.02	68.66	97.17	59.25	46.67
PBDIT / Share (Rs.)	4.29	5.95	31.77	18.27	4.77
PBIT / Share (Rs.)	2.82	4.60	30.60	17.05	3.93
PBT / Share (Rs.)	1.94	4.07	29.67	15.57	3.15
Net Profit / Share (Rs.)	1.12	2.94	22.15	11.69	2.71
NP After MI And SOA / Share (Rs.)	1.12	2.94	22.15	11.69	2.71
PBDIT Margin (%)	7.14	8.66	32.69	30.82	10.21
PBIT Margin (%)	4.69	6.70	31.49	28.76	8.41
PBT Margin (%)	3.23	5.92	30.53	26.27	6.75
Net Profit Margin (%)	1.86	4.28	22.79	19.73	5.80
NP After MI And SOA Margin (%)	1.86	4.28	22.79	19.73	5.80
Return on Networth / Equity (%)	1.80	4.85	36.98	29.59	9.69
Return on Capital Employeed (%)	4.23	7.02	47.62	40.58	12.65
Return On Assets (%)	1.46	3.97	29.53	22.69	7.06
Total Debt / Equity (X)	0.02	0.01	0.01	0.02	0.05
Asset Turnover Ratio (%)	0.79	0.92	1.38	1.24	1.07
Current Ratio (X)	4.31	4.58	4.92	3.36	2.46
Quick Ratio (X)	3.64	3.84	4.44	2.93	1.75
Inventory Turnover Ratio (X)	6.65	8.86	10.51	6.51	4.70
Dividend Payout Ratio (NP) (%)	67.20	84.88	6.77	6.41	33.33
Dividend Payout Ratio (CP) (%)	28.99	58.24	6.43	5.80	25.44
Earning Retention Ratio (%)	32.80	15.12	93.23	93.59	66.67
Cash Earning Retention Ratio (%)	71.01	41.76	93.57	94.20	74.56
Interest Coverage Ratio (X)	7.69	11.10	58.69	66.80	13.11
Interest Coverage Ratio (Post Tax) (X)	3.58	6.50	42.63	48.18	9.59
Enterprise Value (Cr.)	566.51	656.34	1266.42	747.69	139.21
EV / Net Operating Revenue (X)	0.54	0.55	0.75	0.73	0.17
EV / EBITDA (X)	7.68	6.41	2.32	2.38	1.70
MarketCap / Net Operating Revenue (X)	0.93	0.87	1.12	1.00	0.21
Retention Ratios (%)	32.79	15.11	93.22	93.58	66.66
Price / BV (X)	0.91	0.99	1.81	1.50	0.36
Price / Net Operating Revenue (X)	0.93	0.87	1.12	1.00	0.21
EarningsYield	0.01	0.04	0.20	0.19	0.26

After reviewing the key financial ratios for Manali Petrochemicals Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 5.00.
For Basic EPS (Rs.), as of Mar 24, the value is 1.12. This value is below the healthy minimum of 5. It has decreased from 2.95 (Mar 23) to 1.12, marking a decrease of 1.83.
For Diluted EPS (Rs.), as of Mar 24, the value is 1.12. This value is below the healthy minimum of 5. It has decreased from 2.95 (Mar 23) to 1.12, marking a decrease of 1.83.
For Cash EPS (Rs.), as of Mar 24, the value is 2.59. This value is below the healthy minimum of 3. It has decreased from 4.29 (Mar 23) to 2.59, marking a decrease of 1.70.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 61.73. It has increased from 60.70 (Mar 23) to 61.73, marking an increase of 1.03.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 61.73. It has increased from 60.70 (Mar 23) to 61.73, marking an increase of 1.03.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 60.02. It has decreased from 68.66 (Mar 23) to 60.02, marking a decrease of 8.64.
For PBDIT / Share (Rs.), as of Mar 24, the value is 4.29. This value is within the healthy range. It has decreased from 5.95 (Mar 23) to 4.29, marking a decrease of 1.66.
For PBIT / Share (Rs.), as of Mar 24, the value is 2.82. This value is within the healthy range. It has decreased from 4.60 (Mar 23) to 2.82, marking a decrease of 1.78.
For PBT / Share (Rs.), as of Mar 24, the value is 1.94. This value is within the healthy range. It has decreased from 4.07 (Mar 23) to 1.94, marking a decrease of 2.13.
For Net Profit / Share (Rs.), as of Mar 24, the value is 1.12. This value is below the healthy minimum of 2. It has decreased from 2.94 (Mar 23) to 1.12, marking a decrease of 1.82.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 1.12. This value is below the healthy minimum of 2. It has decreased from 2.94 (Mar 23) to 1.12, marking a decrease of 1.82.
For PBDIT Margin (%), as of Mar 24, the value is 7.14. This value is below the healthy minimum of 10. It has decreased from 8.66 (Mar 23) to 7.14, marking a decrease of 1.52.
For PBIT Margin (%), as of Mar 24, the value is 4.69. This value is below the healthy minimum of 10. It has decreased from 6.70 (Mar 23) to 4.69, marking a decrease of 2.01.
For PBT Margin (%), as of Mar 24, the value is 3.23. This value is below the healthy minimum of 10. It has decreased from 5.92 (Mar 23) to 3.23, marking a decrease of 2.69.
For Net Profit Margin (%), as of Mar 24, the value is 1.86. This value is below the healthy minimum of 5. It has decreased from 4.28 (Mar 23) to 1.86, marking a decrease of 2.42.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 1.86. This value is below the healthy minimum of 8. It has decreased from 4.28 (Mar 23) to 1.86, marking a decrease of 2.42.
For Return on Networth / Equity (%), as of Mar 24, the value is 1.80. This value is below the healthy minimum of 15. It has decreased from 4.85 (Mar 23) to 1.80, marking a decrease of 3.05.
For Return on Capital Employeed (%), as of Mar 24, the value is 4.23. This value is below the healthy minimum of 10. It has decreased from 7.02 (Mar 23) to 4.23, marking a decrease of 2.79.
For Return On Assets (%), as of Mar 24, the value is 1.46. This value is below the healthy minimum of 5. It has decreased from 3.97 (Mar 23) to 1.46, marking a decrease of 2.51.
For Total Debt / Equity (X), as of Mar 24, the value is 0.02. This value is within the healthy range. It has increased from 0.01 (Mar 23) to 0.02, marking an increase of 0.01.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.79. It has decreased from 0.92 (Mar 23) to 0.79, marking a decrease of 0.13.
For Current Ratio (X), as of Mar 24, the value is 4.31. This value exceeds the healthy maximum of 3. It has decreased from 4.58 (Mar 23) to 4.31, marking a decrease of 0.27.
For Quick Ratio (X), as of Mar 24, the value is 3.64. This value exceeds the healthy maximum of 2. It has decreased from 3.84 (Mar 23) to 3.64, marking a decrease of 0.20.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 6.65. This value is within the healthy range. It has decreased from 8.86 (Mar 23) to 6.65, marking a decrease of 2.21.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 67.20. This value exceeds the healthy maximum of 50. It has decreased from 84.88 (Mar 23) to 67.20, marking a decrease of 17.68.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 28.99. This value is within the healthy range. It has decreased from 58.24 (Mar 23) to 28.99, marking a decrease of 29.25.
For Earning Retention Ratio (%), as of Mar 24, the value is 32.80. This value is below the healthy minimum of 40. It has increased from 15.12 (Mar 23) to 32.80, marking an increase of 17.68.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 71.01. This value exceeds the healthy maximum of 70. It has increased from 41.76 (Mar 23) to 71.01, marking an increase of 29.25.
For Interest Coverage Ratio (X), as of Mar 24, the value is 7.69. This value is within the healthy range. It has decreased from 11.10 (Mar 23) to 7.69, marking a decrease of 3.41.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 3.58. This value is within the healthy range. It has decreased from 6.50 (Mar 23) to 3.58, marking a decrease of 2.92.
For Enterprise Value (Cr.), as of Mar 24, the value is 566.51. It has decreased from 656.34 (Mar 23) to 566.51, marking a decrease of 89.83.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.54. This value is below the healthy minimum of 1. It has decreased from 0.55 (Mar 23) to 0.54, marking a decrease of 0.01.
For EV / EBITDA (X), as of Mar 24, the value is 7.68. This value is within the healthy range. It has increased from 6.41 (Mar 23) to 7.68, marking an increase of 1.27.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.93. This value is below the healthy minimum of 1. It has increased from 0.87 (Mar 23) to 0.93, marking an increase of 0.06.
For Retention Ratios (%), as of Mar 24, the value is 32.79. This value is within the healthy range. It has increased from 15.11 (Mar 23) to 32.79, marking an increase of 17.68.
For Price / BV (X), as of Mar 24, the value is 0.91. This value is below the healthy minimum of 1. It has decreased from 0.99 (Mar 23) to 0.91, marking a decrease of 0.08.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.93. This value is below the healthy minimum of 1. It has increased from 0.87 (Mar 23) to 0.93, marking an increase of 0.06.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has decreased from 0.04 (Mar 23) to 0.01, marking a decrease of 0.03.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Manali Petrochemicals Ltd as of April 4, 2025 is: 54.31

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, Manali Petrochemicals Ltd is Overvalued by 5.55% compared to the current share price 57.50

Intrinsic Value of Manali Petrochemicals Ltd as of April 4, 2025 is: 34.21

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, Manali Petrochemicals Ltd is Overvalued by 40.50% compared to the current share price 57.50

Last 5 Year EPS CAGR: -37.01%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 22.44%, which is a positive sign. The company has higher reserves (594.80 cr) compared to borrowings (26.20 cr), indicating strong financial stability. The company has shown consistent growth in sales (449.30 cr) and profit (130.00 cr) over the years.	The stock has a high average Working Capital Days of 41.44, which may not be favorable. The stock has a high average Cash Conversion Cycle of 53.89, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Manali Petrochemicals Ltd:
1. Net Profit Margin: 1.86%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 4.23% (Industry Average ROCE: 12.39%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 1.8% (Industry Average ROE: 8.84%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 3.58
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 3.64
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 47.8 (Industry average Stock P/E: 35.08)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.02
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Manali Petrochemicals Ltd. is a Public Limited Listed company incorporated on 11/06/1986 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L24294TN1986PLC013087 and registration number is 013087. Currently Company is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company's Total Operating Revenue is Rs. 797.63 Cr. and Equity Capital is Rs. 86.03 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Petrochemicals - Polymers	SPIC HOUSE, Chennai (Madras) Tamil Nadu 600032	companysecretary@manalipetro.com http://www.manalipetro.com

Management
Name	Position Held
Mr. Ashwin C Muthiah	Chairman
Mr. R Chandrasekar	Managing Director
Mr. G R Sridhar	Whole Time Director
Lt. Col. (Retd). Chatapuram Swaminathan Shankar	Director
Ms. R Bhuvaneswari	Director
Mr. Thanjavur Kanakaraj Arun	Director
Dr. N Sundaradevan	Director
Mr. Govindarajan Dattatreyan Sharma	Director
Ms. Devaki Ashwin Muthiah	Director
Ms. Latha Ramanathan	Director

FAQ

What is the intrinsic value of Manali Petrochemicals Ltd?

Manali Petrochemicals Ltd's intrinsic value (as of 04 April 2025) is ₹54.31 — 5.55% lower the current market price of 57.50, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 989 Cr. market cap, FY2025-2026 high/low of ₹105/55.0, reserves of 985 Cr, and liabilities of 1,322 Cr.

What is the Market Cap of Manali Petrochemicals Ltd?

The Market Cap of Manali Petrochemicals Ltd is 989 Cr..

What is the current Stock Price of Manali Petrochemicals Ltd as on 04 April 2025?

The current stock price of Manali Petrochemicals Ltd as on 04 April 2025 is 57.5.

What is the High / Low of Manali Petrochemicals Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Manali Petrochemicals Ltd stocks is ₹105/55.0.

What is the Stock P/E of Manali Petrochemicals Ltd?

The Stock P/E of Manali Petrochemicals Ltd is 47.8.

What is the Book Value of Manali Petrochemicals Ltd?

The Book Value of Manali Petrochemicals Ltd is 62.3.

What is the Dividend Yield of Manali Petrochemicals Ltd?

The Dividend Yield of Manali Petrochemicals Ltd is 1.31 %.

What is the ROCE of Manali Petrochemicals Ltd?

The ROCE of Manali Petrochemicals Ltd is 4.75 %.

What is the ROE of Manali Petrochemicals Ltd?

The ROE of Manali Petrochemicals Ltd is 2.25 %.

What is the Face Value of Manali Petrochemicals Ltd?

The Face Value of Manali Petrochemicals Ltd is 5.00.