Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Manaksia Coated Metals & Industries Ltd

About the Company - Manaksia Coated Metals & Industries Ltd

Manaksia Coated Metals & Industries Ltd. is a Public Limited Listed company incorporated on 25/03/2010 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L27100WB2010PLC144409 and registration number is 144409. Currently Company is involved in the business activities of Manufacture of hot-rolled and cold-rolled products of steel. Company’s Total Operating Revenue is Rs. 647.73 Cr. and Equity Capital is Rs. 6.55 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Aluminium - Sheets/Coils/Wires8/1, Lal Bazar Street, Bikaner Building, Kolkata West Bengal 700001infomcmil@manaksia.com
http://www.manaksiacoatedmetals.com
Management
NamePosition Held
Mr. Siddhartha Shankar RoyChairman
Mr. Sushil Kumar AgrawalManaging Director
Mr. Siddhartha SenguptaIndependent Director
Mr. Karan AgrawalWhole Time Director
Mr. Debasis BanerjeeWhole Time Director
Mr. Probir Kumar ChaudhuryIndependent Director
Mr. Venkata Srinarayana AddankiWhole Time Director
Ms. Gargi SinghIndependent Director

Manaksia Coated Metals & Industries Ltd. Share Price Update

Share PriceValue
Today₹32.45
Previous Day₹33.48

Basic Stock Data of Manaksia Coated Metals & Industries Ltd

Market Cap 268 Cr.
Current Price 40.9
High / Low45.0/13.9
Stock P/E26.9
Book Value 18.5
Dividend Yield0.07 %
ROCE9.74 %
ROE4.99 %
Face Value 1.00

Data Source: screener.in

Competitors of Manaksia Coated Metals & Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Industry Average0 Cr0000%0%0%0

Manaksia Coated Metals & Industries Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales107.47131.71142.05155.47214.6397.69179.96139.34148.73176.92186.85171.70194.53
Expenses100.19122.84131.36148.21205.8091.25167.66132.16141.29168.00177.78164.22182.04
Operating Profit7.288.8710.697.268.836.4412.307.187.448.929.077.4812.49
OPM %6.77%6.73%7.53%4.67%4.11%6.59%6.83%5.15%5.00%5.04%4.85%4.36%6.42%
Other Income1.631.27-0.712.283.041.631.612.161.630.645.764.261.38
Interest4.865.425.505.056.064.897.095.406.056.973.428.809.59
Depreciation2.272.262.262.222.232.202.242.312.312.302.272.292.31
Profit before tax1.782.462.222.273.580.984.581.630.710.299.140.651.97
Tax %17.98%8.54%25.68%27.31%25.14%26.53%21.62%58.90%-4.23%27.59%15.32%80.00%-2.03%
Net Profit1.462.251.651.652.670.723.580.670.740.217.740.122.01
EPS in Rs0.220.340.250.250.410.110.550.100.110.031.180.020.31

Manaksia Coated Metals & Industries Ltd Quarterly Chart

Manaksia Coated Metals & Industries Ltd Profit & Loss

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales225269253265247446648652730
Expenses212256238242221413613619692
Operating Profit121415222633353338
OPM %5%5%6%8%10%7%5%5%5%
Other Income42341391012
Interest446141719232229
Depreciation10881099999
Profit before tax334218111212
Tax %-14%78%51%120%-250%22%24%20%
Net Profit312-0369910
EPS in Rs0.440.100.30-0.060.430.891.321.431.54
Dividend Payout %0%0%0%0%0%3%0%2%

Manaksia Coated Metals & Industries Ltd Profit & Loss Yearly Chart

Manaksia Coated Metals & Industries Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:21%
3 Years:38%
TTM:15%
Compounded Profit Growth
10 Years:%
5 Years:24%
3 Years:26%
TTM:92%
Stock Price CAGR
10 Years:%
5 Years:46%
3 Years:52%
1 Year:136%
Return on Equity
10 Years:%
5 Years:5%
3 Years:6%
Last Year:5%

Manaksia Coated Metals & Industries Ltd Balance Sheet

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital777777777
Reserves768082838793102113115
Borrowings5258124128138147178190186
Other Liabilities758997137150191198239233
Total Liabilities209234309354381438484548540
Fixed Assets73100157148144136130122118
CWIP45354474551404950
Investments000000000
Other Assets9198149158192252313377373
Total Assets209234309354381438484548540

Manaksia Coated Metals & Industries Ltd Reserves and Borrowings Chart

Manaksia Coated Metals & Industries Ltd Cash Flow

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 3122-2249620-138
Cash from Investing Activity -13-25-33-43-0-69-7
Cash from Financing Activity -19361-13-5-126-6
Net Cash Flow-106-7022-4

Manaksia Coated Metals & Industries Ltd Financial Efficiency Indicators

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days7256473537382724
Inventory Days435197171265163151180
Days Payable938489139188123103138
Cash Conversion Cycle22235467114787566
Working Capital Days424210779111716773
ROCE %5%5%8%8%11%13%10%

Manaksia Coated Metals & Industries Ltd Financial Efficiency Indicators Chart

Manaksia Coated Metals & Industries Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters67.21%67.21%67.21%67.43%67.43%67.43%67.43%67.43%67.43%67.43%67.43%67.43%
FIIs0.00%0.00%0.00%0.00%0.19%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public32.79%32.79%32.79%32.57%32.39%32.57%32.57%32.56%32.57%32.58%32.57%32.57%
No. of Shareholders20,26620,56620,48520,79022,20036,36034,65433,83632,88831,90131,61831,334

Manaksia Coated Metals & Industries Ltd Shareholding Pattern Chart

No. of Manaksia Coated Metals & Industries Ltd Shareholders

This stock is not held by any mutual fund

Manaksia Coated Metals & Industries Ltd ROCE Trend

Manaksia Coated Metals & Industries Ltd EPS Trend

Manaksia Coated Metals & Industries Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)1.431.320.890.43-0.06
Diluted EPS (Rs.)1.431.320.890.43-0.06
Cash EPS (Rs.)2.832.672.281.791.49
Book Value[Excl.RevalReserv]/Share (Rs.)18.2016.6015.2414.2313.61
Book Value[Incl.RevalReserv]/Share (Rs.)18.2016.6015.2414.2313.61
Revenue From Operations / Share (Rs.)99.4798.8468.1237.6840.36
PBDIT / Share (Rs.)5.826.625.484.144.04
PBIT / Share (Rs.)4.415.264.092.772.49
PBT / Share (Rs.)1.801.741.150.120.32
Net Profit / Share (Rs.)1.431.320.890.42-0.06
NP After MI And SOA / Share (Rs.)1.431.320.890.42-0.06
PBDIT Margin (%)5.846.698.0310.9810.01
PBIT Margin (%)4.435.326.007.356.17
PBT Margin (%)1.801.761.680.320.79
Net Profit Margin (%)1.431.331.311.13-0.15
NP After MI And SOA Margin (%)1.431.331.311.13-0.15
Return on Networth / Equity (%)7.847.935.862.99-0.46
Return on Capital Employeed (%)13.4216.3411.998.568.09
Return On Assets (%)1.701.781.330.73-0.11
Long Term Debt / Equity (X)0.640.610.710.720.69
Total Debt / Equity (X)1.531.531.381.411.33
Asset Turnover Ratio (%)1.271.411.100.670.76
Current Ratio (X)1.131.151.171.131.03
Quick Ratio (X)0.360.410.450.390.45
Inventory Turnover Ratio (X)2.533.062.601.962.84
Interest Coverage Ratio (X)1.751.881.861.561.86
Interest Coverage Ratio (Post Tax) (X)1.211.371.301.160.97
Enterprise Value (Cr.)259.60312.98199.63146.02151.72
EV / Net Operating Revenue (X)0.390.480.440.590.57
EV / EBITDA (X)6.817.215.565.385.73
MarketCap / Net Operating Revenue (X)0.140.260.170.100.14
Price / BV (X)0.811.570.770.260.42
Price / Net Operating Revenue (X)0.140.260.170.100.14
EarningsYield0.090.050.070.11-0.01

Manaksia Coated Metals & Industries Ltd Profitability Ratios (%)

Manaksia Coated Metals & Industries Ltd Liquidity Ratios

Manaksia Coated Metals & Industries Ltd Liquidity Ratios (%)

Manaksia Coated Metals & Industries Ltd Interest Coverage Ratios (%)

Manaksia Coated Metals & Industries Ltd Valuation Ratios

Fair Value of Manaksia Coated Metals & Industries Ltd Stock

Fair Value: ₹24.85

The stock is overvalued by 39.24% compared to the current price ₹40.9

*Investments are subject to market risks

Strength and Weakness of Manaksia Coated Metals & Industries Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (415.00 cr) and profit (6.22 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 3.80 and average Dividend Yield of 5.85%.
  2. The stock has a low average ROCE of 7.50%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 74.00, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 62.38, which may not be favorable.
  5. The company has higher borrowings (133.44) compared to reserves (92.33), which may suggest financial risk.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Manaksia Coated Metals & Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE