Share Price and Basic Stock Data
Last Updated: October 28, 2025, 10:41 am
| PEG Ratio | -1.57 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Manaksia Steels Ltd operates in the steel industry, with its current market capitalization standing at ₹381 Cr and a share price of ₹58.1. The company recorded sales of ₹742 Cr for the fiscal year ending March 2023, which marked a growth from ₹611 Cr in the previous fiscal year. However, sales are projected to decline to ₹634 Cr in FY 2025, reflecting a downward trend against the backdrop of fluctuating market conditions. The quarterly sales figures exhibited volatility, with the highest sales of ₹235.75 Cr reported in March 2023 and a significant drop to ₹104.45 Cr in September 2024. This inconsistency indicates challenges in maintaining a stable revenue stream. The company reported total expenses of ₹718 Cr in FY 2023, which further emphasizes the need for strategic cost management to improve profitability. Overall, while Manaksia Steels has shown growth in sales over the past few years, recent quarterly results raise concerns about sustaining this momentum amidst a competitive steel market.
Profitability and Efficiency Metrics
Manaksia Steels reported a net profit of ₹10 Cr for FY 2023, resulting in an earnings per share (EPS) of ₹1.86. This represents a decline from the ₹35 Cr net profit recorded in FY 2022, highlighting a challenging profitability environment. The operating profit margin (OPM) stood at 3% for FY 2025, down from 9% in FY 2022, reflecting increased cost pressures and inefficiencies in operations. The company’s return on equity (ROE) was a mere 3.38%, which is significantly lower than the typical range for the industry, suggesting underperformance relative to peers. The interest coverage ratio (ICR) of 3.22 times indicates that the company can cover its interest obligations, but this is relatively low compared to industry standards. The cash conversion cycle (CCC) of 101 days further illustrates inefficiencies, with higher inventory and debtor days compared to sector norms. These profitability and efficiency metrics raise concerns about the company’s operational effectiveness and its ability to generate sustainable profits.
Balance Sheet Strength and Financial Ratios
As of March 2025, Manaksia Steels reported total borrowings of ₹206 Cr against reserves of ₹283 Cr, resulting in a debt-to-equity ratio of 0.70. This indicates a moderate level of leverage, which could pose risks if market conditions worsen. The company’s current ratio of 1.51 suggests adequate liquidity to meet short-term obligations, although it is lower than the ideal range of 2.0 typically seen in stable firms. The book value per share stood at ₹44.15, reflecting a strong asset base relative to the share price, which is indicative of an undervalued stock at a price-to-book value (P/BV) ratio of 0.99. The return on capital employed (ROCE) of 4.23% is notably low, indicating that the company is not utilizing its capital effectively to generate returns. Overall, while the balance sheet shows some strengths in terms of asset value, the high leverage and low returns on equity and capital raise concerns about financial health and operational efficiency.
Shareholding Pattern and Investor Confidence
Manaksia Steels has a stable shareholding pattern, with promoters holding 74.75% of the shares, indicating strong control and confidence in the company’s operations. The public shareholding stands at 24.62%, with institutional investors (FIIs) having minimal involvement, reflecting a lack of external confidence in the stock. The number of shareholders was reported at 29,488, a decline from previous quarters, suggesting potential investor attrition. Although the promoters’ stake has remained consistent, the absence of foreign institutional investments could limit market sentiment and growth prospects. Furthermore, the company has not declared dividends in recent years, which might deter income-focused investors. This shareholding structure, while stable, may not be sufficient to boost investor confidence or attract new capital, particularly in the face of declining profitability and operational challenges.
Outlook, Risks, and Final Insight
The outlook for Manaksia Steels appears cautious given the reported financial metrics and market conditions. Key strengths include a solid promoter backing and a reasonable asset base, which may provide some stability amidst fluctuating revenues. However, significant risks stem from declining profitability, high debt levels, and operational inefficiencies, which could hinder growth prospects. The company’s ability to improve its margins and manage costs effectively will be crucial in navigating the competitive steel market. Furthermore, without attracting institutional investors or addressing the lack of dividend payouts, the stock may struggle to regain investor confidence. To enhance its market position, Manaksia Steels might consider strategic partnerships, diversification of product offerings, or operational improvements to drive efficiency. In summary, while the company has a foundational base, it faces significant challenges that need to be addressed to secure future growth and stability.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Manaksia Steels Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Incredible Industries Ltd | 202 Cr. | 43.9 | 55.2/28.5 | 13.8 | 31.1 | 0.00 % | 9.73 % | 8.97 % | 10.0 |
| Eastcoast Steel Ltd | 14.0 Cr. | 26.0 | 26.0/14.0 | 35.6 | 0.00 % | 2.65 % | 1.86 % | 10.0 | |
| Bonlon Industries Ltd | 131 Cr. | 49.9 | 57.5/22.5 | 24.2 | 57.6 | 0.00 % | 5.04 % | 3.36 % | 10.0 |
| Beekay Steel Industries Ltd | 875 Cr. | 459 | 742/435 | 9.65 | 533 | 0.22 % | 7.86 % | 6.45 % | 10.0 |
| Ecofinity Atomix Ltd | 28.8 Cr. | 41.4 | 63.7/31.6 | 15.6 | 26.2 | 0.00 % | 18.1 % | 14.1 % | 10.0 |
| Industry Average | 43,367.93 Cr | 322.71 | 24.63 | 153.97 | 0.33% | 8.78% | 7.09% | 7.50 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 194.37 | 156.38 | 155.88 | 235.75 | 218.23 | 166.33 | 133.60 | 162.91 | 165.18 | 104.45 | 160.48 | 204.14 | 217.49 |
| Expenses | 189.91 | 151.83 | 152.05 | 224.54 | 204.79 | 156.55 | 127.39 | 154.91 | 162.07 | 107.55 | 154.67 | 195.18 | 206.74 |
| Operating Profit | 4.46 | 4.55 | 3.83 | 11.21 | 13.44 | 9.78 | 6.21 | 8.00 | 3.11 | -3.10 | 5.81 | 8.96 | 10.75 |
| OPM % | 2.29% | 2.91% | 2.46% | 4.76% | 6.16% | 5.88% | 4.65% | 4.91% | 1.88% | -2.97% | 3.62% | 4.39% | 4.94% |
| Other Income | 0.07 | 2.24 | 3.46 | 1.50 | 2.73 | 4.53 | 5.54 | 2.77 | 3.37 | 7.63 | -0.04 | 0.85 | 2.51 |
| Interest | 0.41 | 0.85 | 0.88 | 1.79 | 0.72 | 0.68 | 2.96 | 3.85 | 1.68 | 1.31 | 2.09 | 3.40 | 2.75 |
| Depreciation | 2.64 | 2.68 | 2.54 | 2.42 | 1.97 | 1.83 | 1.83 | 1.34 | 1.48 | 1.53 | 1.58 | 1.53 | 1.89 |
| Profit before tax | 1.48 | 3.26 | 3.87 | 8.50 | 13.48 | 11.80 | 6.96 | 5.58 | 3.32 | 1.69 | 2.10 | 4.88 | 8.62 |
| Tax % | 54.73% | 24.54% | 26.61% | 26.71% | 24.70% | 24.49% | 30.75% | 19.35% | 51.20% | 35.50% | -10.48% | 3.48% | 24.71% |
| Net Profit | 0.66 | 2.46 | 2.84 | 6.22 | 10.15 | 8.92 | 4.81 | 4.51 | 1.63 | 1.09 | 2.32 | 4.71 | 6.49 |
| EPS in Rs | 0.10 | 0.38 | 0.43 | 0.95 | 1.55 | 1.36 | 0.73 | 0.69 | 0.25 | 0.17 | 0.35 | 0.72 | 0.99 |
Last Updated: August 1, 2025, 5:30 pm
Below is a detailed analysis of the quarterly data for Manaksia Steels Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 217.49 Cr.. The value appears strong and on an upward trend. It has increased from 204.14 Cr. (Mar 2025) to 217.49 Cr., marking an increase of 13.35 Cr..
- For Expenses, as of Jun 2025, the value is 206.74 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 195.18 Cr. (Mar 2025) to 206.74 Cr., marking an increase of 11.56 Cr..
- For Operating Profit, as of Jun 2025, the value is 10.75 Cr.. The value appears strong and on an upward trend. It has increased from 8.96 Cr. (Mar 2025) to 10.75 Cr., marking an increase of 1.79 Cr..
- For OPM %, as of Jun 2025, the value is 4.94%. The value appears strong and on an upward trend. It has increased from 4.39% (Mar 2025) to 4.94%, marking an increase of 0.55%.
- For Other Income, as of Jun 2025, the value is 2.51 Cr.. The value appears strong and on an upward trend. It has increased from 0.85 Cr. (Mar 2025) to 2.51 Cr., marking an increase of 1.66 Cr..
- For Interest, as of Jun 2025, the value is 2.75 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3.40 Cr. (Mar 2025) to 2.75 Cr., marking a decrease of 0.65 Cr..
- For Depreciation, as of Jun 2025, the value is 1.89 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1.53 Cr. (Mar 2025) to 1.89 Cr., marking an increase of 0.36 Cr..
- For Profit before tax, as of Jun 2025, the value is 8.62 Cr.. The value appears strong and on an upward trend. It has increased from 4.88 Cr. (Mar 2025) to 8.62 Cr., marking an increase of 3.74 Cr..
- For Tax %, as of Jun 2025, the value is 24.71%. The value appears to be increasing, which may not be favorable. It has increased from 3.48% (Mar 2025) to 24.71%, marking an increase of 21.23%.
- For Net Profit, as of Jun 2025, the value is 6.49 Cr.. The value appears strong and on an upward trend. It has increased from 4.71 Cr. (Mar 2025) to 6.49 Cr., marking an increase of 1.78 Cr..
- For EPS in Rs, as of Jun 2025, the value is 0.99. The value appears strong and on an upward trend. It has increased from 0.72 (Mar 2025) to 0.99, marking an increase of 0.27.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 4:53 am
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 503 | 688 | 536 | 504 | 611 | 742 | 681 | 634 | 687 |
| Expenses | 472 | 667 | 517 | 465 | 558 | 718 | 644 | 619 | 664 |
| Operating Profit | 32 | 20 | 19 | 39 | 53 | 24 | 37 | 15 | 22 |
| OPM % | 6% | 3% | 4% | 8% | 9% | 3% | 6% | 2% | 3% |
| Other Income | 2 | 4 | 3 | 7 | 8 | 7 | 16 | 12 | 11 |
| Interest | 4 | 3 | 2 | 2 | 2 | 4 | 8 | 8 | 10 |
| Depreciation | 8 | 6 | 9 | 10 | 11 | 10 | 7 | 6 | 7 |
| Profit before tax | 22 | 16 | 11 | 34 | 49 | 17 | 38 | 12 | 17 |
| Tax % | 30% | 48% | 18% | 23% | 28% | 29% | 25% | 19% | |
| Net Profit | 16 | 8 | 9 | 27 | 35 | 12 | 28 | 10 | 15 |
| EPS in Rs | 2.38 | 1.27 | 1.31 | 4.05 | 5.39 | 1.86 | 4.33 | 1.49 | 2.23 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
YoY Net Profit Growth
| Year | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -50.00% | 12.50% | 200.00% | 29.63% | -65.71% | 133.33% | -64.29% |
| Change in YoY Net Profit Growth (%) | 0.00% | 62.50% | 187.50% | -170.37% | -95.34% | 199.05% | -197.62% |
Manaksia Steels Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2018-2019 to 2024-2025.
No data available for the compounded sales growth chart.
Balance Sheet
Last Updated: June 16, 2025, 11:44 am
| Month | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 169 | 179 | 185 | 216 | 260 | 284 | 294 | 283 |
| Borrowings | 96 | 3 | 61 | 67 | 10 | 49 | 186 | 206 |
| Other Liabilities | 104 | 147 | 151 | 58 | 74 | 81 | 34 | 42 |
| Total Liabilities | 375 | 335 | 403 | 348 | 350 | 420 | 520 | 537 |
| Fixed Assets | 69 | 75 | 99 | 88 | 77 | 72 | 59 | 62 |
| CWIP | 6 | 28 | 3 | 0 | 5 | 7 | 32 | 93 |
| Investments | 7 | 17 | 11 | 25 | 52 | 129 | 185 | 129 |
| Other Assets | 295 | 216 | 291 | 235 | 216 | 212 | 244 | 253 |
| Total Assets | 375 | 335 | 403 | 348 | 350 | 420 | 520 | 537 |
Below is a detailed analysis of the balance sheet data for Manaksia Steels Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 7.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 7.00 Cr..
- For Reserves, as of Mar 2025, the value is 283.00 Cr.. The value appears to be declining and may need further review. It has decreased from 294.00 Cr. (Mar 2024) to 283.00 Cr., marking a decrease of 11.00 Cr..
- For Borrowings, as of Mar 2025, the value is 206.00 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 186.00 Cr. (Mar 2024) to 206.00 Cr., marking an increase of 20.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 42.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 34.00 Cr. (Mar 2024) to 42.00 Cr., marking an increase of 8.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 537.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 520.00 Cr. (Mar 2024) to 537.00 Cr., marking an increase of 17.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 62.00 Cr.. The value appears strong and on an upward trend. It has increased from 59.00 Cr. (Mar 2024) to 62.00 Cr., marking an increase of 3.00 Cr..
- For CWIP, as of Mar 2025, the value is 93.00 Cr.. The value appears strong and on an upward trend. It has increased from 32.00 Cr. (Mar 2024) to 93.00 Cr., marking an increase of 61.00 Cr..
- For Investments, as of Mar 2025, the value is 129.00 Cr.. The value appears to be declining and may need further review. It has decreased from 185.00 Cr. (Mar 2024) to 129.00 Cr., marking a decrease of 56.00 Cr..
- For Other Assets, as of Mar 2025, the value is 253.00 Cr.. The value appears strong and on an upward trend. It has increased from 244.00 Cr. (Mar 2024) to 253.00 Cr., marking an increase of 9.00 Cr..
- For Total Assets, as of Mar 2025, the value is 537.00 Cr.. The value appears strong and on an upward trend. It has increased from 520.00 Cr. (Mar 2024) to 537.00 Cr., marking an increase of 17.00 Cr..
Notably, the Reserves (283.00 Cr.) exceed the Borrowings (206.00 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.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -64.00 | 17.00 | -42.00 | -28.00 | 43.00 | -25.00 | -149.00 | -191.00 |
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.
Financial Efficiency Indicators
| Month | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 69 | 44 | 30 | 14 | 18 | 8 | 14 | 22 |
| Inventory Days | 117 | 55 | 116 | 84 | 84 | 74 | 91 | 93 |
| Days Payable | 75 | 80 | 110 | 10 | 10 | 9 | 7 | 14 |
| Cash Conversion Cycle | 111 | 19 | 37 | 88 | 92 | 73 | 99 | 101 |
| Working Capital Days | 45 | 24 | 5 | -3 | 69 | 27 | -5 | -9 |
| ROCE % | 8% | 5% | 13% | 17% | 6% | 11% | 4% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 1.49 | 4.33 | 1.86 | 5.39 | 4.05 |
| Diluted EPS (Rs.) | 1.49 | 4.33 | 1.86 | 5.39 | 4.05 |
| Cash EPS (Rs.) | 2.42 | 5.39 | 3.43 | 7.05 | 5.60 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 44.15 | 45.85 | 44.31 | 40.60 | 34.00 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 44.15 | 45.85 | 44.31 | 40.60 | 34.00 |
| Revenue From Operations / Share (Rs.) | 96.78 | 103.93 | 113.28 | 93.22 | 76.94 |
| PBDIT / Share (Rs.) | 4.17 | 8.10 | 4.78 | 9.36 | 7.12 |
| PBIT / Share (Rs.) | 3.24 | 7.03 | 3.21 | 7.70 | 5.57 |
| PBT / Share (Rs.) | 1.83 | 5.77 | 2.61 | 7.47 | 5.25 |
| Net Profit / Share (Rs.) | 1.49 | 4.33 | 1.86 | 5.39 | 4.05 |
| NP After MI And SOA / Share (Rs.) | 1.49 | 4.33 | 1.86 | 5.39 | 4.05 |
| PBDIT Margin (%) | 4.30 | 7.79 | 4.21 | 10.04 | 9.25 |
| PBIT Margin (%) | 3.34 | 6.76 | 2.83 | 8.26 | 7.24 |
| PBT Margin (%) | 1.89 | 5.55 | 2.30 | 8.01 | 6.82 |
| Net Profit Margin (%) | 1.53 | 4.16 | 1.64 | 5.78 | 5.26 |
| NP After MI And SOA Margin (%) | 1.53 | 4.16 | 1.64 | 5.78 | 5.26 |
| Return on Networth / Equity (%) | 3.36 | 9.44 | 4.19 | 13.27 | 11.91 |
| Return on Capital Employeed (%) | 7.08 | 14.86 | 7.05 | 18.56 | 16.02 |
| Return On Assets (%) | 1.81 | 5.45 | 2.90 | 10.08 | 7.60 |
| Total Debt / Equity (X) | 0.70 | 0.61 | 0.16 | 0.03 | 0.29 |
| Asset Turnover Ratio (%) | 1.20 | 1.45 | 1.93 | 1.58 | 1.10 |
| Current Ratio (X) | 1.51 | 1.79 | 2.39 | 2.74 | 1.14 |
| Quick Ratio (X) | 0.93 | 1.12 | 1.36 | 1.40 | 0.42 |
| Inventory Turnover Ratio (X) | 4.60 | 4.21 | 5.36 | 4.82 | 2.74 |
| Interest Coverage Ratio (X) | 3.22 | 6.46 | 7.97 | 39.51 | 22.15 |
| Interest Coverage Ratio (Post Tax) (X) | 2.24 | 4.46 | 4.10 | 23.74 | 13.60 |
| Enterprise Value (Cr.) | 461.42 | 542.93 | 262.78 | 274.17 | 204.02 |
| EV / Net Operating Revenue (X) | 0.72 | 0.79 | 0.35 | 0.44 | 0.40 |
| EV / EBITDA (X) | 16.89 | 10.23 | 8.39 | 4.47 | 4.37 |
| MarketCap / Net Operating Revenue (X) | 0.45 | 0.56 | 0.30 | 0.46 | 0.30 |
| Price / BV (X) | 0.99 | 1.29 | 0.79 | 1.07 | 0.69 |
| Price / Net Operating Revenue (X) | 0.45 | 0.56 | 0.30 | 0.46 | 0.30 |
| EarningsYield | 0.03 | 0.07 | 0.05 | 0.12 | 0.17 |
After reviewing the key financial ratios for Manaksia Steels Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 1.49. This value is below the healthy minimum of 5. It has decreased from 4.33 (Mar 24) to 1.49, marking a decrease of 2.84.
- For Diluted EPS (Rs.), as of Mar 25, the value is 1.49. This value is below the healthy minimum of 5. It has decreased from 4.33 (Mar 24) to 1.49, marking a decrease of 2.84.
- For Cash EPS (Rs.), as of Mar 25, the value is 2.42. This value is below the healthy minimum of 3. It has decreased from 5.39 (Mar 24) to 2.42, marking a decrease of 2.97.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 44.15. It has decreased from 45.85 (Mar 24) to 44.15, marking a decrease of 1.70.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 44.15. It has decreased from 45.85 (Mar 24) to 44.15, marking a decrease of 1.70.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 96.78. It has decreased from 103.93 (Mar 24) to 96.78, marking a decrease of 7.15.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 4.17. This value is within the healthy range. It has decreased from 8.10 (Mar 24) to 4.17, marking a decrease of 3.93.
- For PBIT / Share (Rs.), as of Mar 25, the value is 3.24. This value is within the healthy range. It has decreased from 7.03 (Mar 24) to 3.24, marking a decrease of 3.79.
- For PBT / Share (Rs.), as of Mar 25, the value is 1.83. This value is within the healthy range. It has decreased from 5.77 (Mar 24) to 1.83, marking a decrease of 3.94.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 1.49. This value is below the healthy minimum of 2. It has decreased from 4.33 (Mar 24) to 1.49, marking a decrease of 2.84.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 1.49. This value is below the healthy minimum of 2. It has decreased from 4.33 (Mar 24) to 1.49, marking a decrease of 2.84.
- For PBDIT Margin (%), as of Mar 25, the value is 4.30. This value is below the healthy minimum of 10. It has decreased from 7.79 (Mar 24) to 4.30, marking a decrease of 3.49.
- For PBIT Margin (%), as of Mar 25, the value is 3.34. This value is below the healthy minimum of 10. It has decreased from 6.76 (Mar 24) to 3.34, marking a decrease of 3.42.
- For PBT Margin (%), as of Mar 25, the value is 1.89. This value is below the healthy minimum of 10. It has decreased from 5.55 (Mar 24) to 1.89, marking a decrease of 3.66.
- For Net Profit Margin (%), as of Mar 25, the value is 1.53. This value is below the healthy minimum of 5. It has decreased from 4.16 (Mar 24) to 1.53, marking a decrease of 2.63.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 1.53. This value is below the healthy minimum of 8. It has decreased from 4.16 (Mar 24) to 1.53, marking a decrease of 2.63.
- For Return on Networth / Equity (%), as of Mar 25, the value is 3.36. This value is below the healthy minimum of 15. It has decreased from 9.44 (Mar 24) to 3.36, marking a decrease of 6.08.
- For Return on Capital Employeed (%), as of Mar 25, the value is 7.08. This value is below the healthy minimum of 10. It has decreased from 14.86 (Mar 24) to 7.08, marking a decrease of 7.78.
- For Return On Assets (%), as of Mar 25, the value is 1.81. This value is below the healthy minimum of 5. It has decreased from 5.45 (Mar 24) to 1.81, marking a decrease of 3.64.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.70. This value is within the healthy range. It has increased from 0.61 (Mar 24) to 0.70, marking an increase of 0.09.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.20. It has decreased from 1.45 (Mar 24) to 1.20, marking a decrease of 0.25.
- For Current Ratio (X), as of Mar 25, the value is 1.51. This value is within the healthy range. It has decreased from 1.79 (Mar 24) to 1.51, marking a decrease of 0.28.
- For Quick Ratio (X), as of Mar 25, the value is 0.93. This value is below the healthy minimum of 1. It has decreased from 1.12 (Mar 24) to 0.93, marking a decrease of 0.19.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 4.60. This value is within the healthy range. It has increased from 4.21 (Mar 24) to 4.60, marking an increase of 0.39.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 3.22. This value is within the healthy range. It has decreased from 6.46 (Mar 24) to 3.22, marking a decrease of 3.24.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.24. This value is below the healthy minimum of 3. It has decreased from 4.46 (Mar 24) to 2.24, marking a decrease of 2.22.
- For Enterprise Value (Cr.), as of Mar 25, the value is 461.42. It has decreased from 542.93 (Mar 24) to 461.42, marking a decrease of 81.51.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.72. This value is below the healthy minimum of 1. It has decreased from 0.79 (Mar 24) to 0.72, marking a decrease of 0.07.
- For EV / EBITDA (X), as of Mar 25, the value is 16.89. This value exceeds the healthy maximum of 15. It has increased from 10.23 (Mar 24) to 16.89, marking an increase of 6.66.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.45. This value is below the healthy minimum of 1. It has decreased from 0.56 (Mar 24) to 0.45, marking a decrease of 0.11.
- For Price / BV (X), as of Mar 25, the value is 0.99. This value is below the healthy minimum of 1. It has decreased from 1.29 (Mar 24) to 0.99, marking a decrease of 0.30.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.45. This value is below the healthy minimum of 1. It has decreased from 0.56 (Mar 24) to 0.45, marking a decrease of 0.11.
- For EarningsYield, as of Mar 25, the value is 0.03. This value is below the healthy minimum of 5. It has decreased from 0.07 (Mar 24) to 0.03, marking a decrease of 0.04.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
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 Manaksia Steels Ltd:
- Net Profit Margin: 1.53%
- 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.
- ROCE: 7.08% (Industry Average ROCE: 8.78%)
- 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.
- ROE%: 3.36% (Industry Average ROE: 7.09%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.24
- 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.
- Quick Ratio: 0.93
- 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.
- Stock P/E: 25.4 (Industry average Stock P/E: 24.63)
- 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.
- Total Debt / Equity: 0.7
- 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.
Stock Rating: - Net Profit Margin: 1.53%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Steel | Turner Morrison Building, Kolkata West Bengal 700001 | info.steels@manaksia.com http://www.manaksiasteels.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Varun Agrawal | Managing Director |
| Mr. Suresh Kumar Agrawal | Non Executive Director |
| Mr. Mrinal Kanti Pal | Non Executive Director |
| Mr. Ramesh Kumar Maheshwari | Ind. Non-Executive Director |
| Mr. Biswanath Bhattacharjee | Ind. Non-Executive Director |
| Mrs. Nidhi Baheti | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of Manaksia Steels Ltd?
Manaksia Steels Ltd's intrinsic value (as of 28 October 2025) is 30.96 which is 45.87% lower the current market price of 57.20, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 375 Cr. market cap, FY2025-2026 high/low of 75.7/43.0, reserves of ₹283 Cr, and liabilities of 537 Cr.
What is the Market Cap of Manaksia Steels Ltd?
The Market Cap of Manaksia Steels Ltd is 375 Cr..
What is the current Stock Price of Manaksia Steels Ltd as on 28 October 2025?
The current stock price of Manaksia Steels Ltd as on 28 October 2025 is 57.2.
What is the High / Low of Manaksia Steels Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Manaksia Steels Ltd stocks is 75.7/43.0.
What is the Stock P/E of Manaksia Steels Ltd?
The Stock P/E of Manaksia Steels Ltd is 25.4.
What is the Book Value of Manaksia Steels Ltd?
The Book Value of Manaksia Steels Ltd is 44.2.
What is the Dividend Yield of Manaksia Steels Ltd?
The Dividend Yield of Manaksia Steels Ltd is 0.00 %.
What is the ROCE of Manaksia Steels Ltd?
The ROCE of Manaksia Steels Ltd is 4.23 %.
What is the ROE of Manaksia Steels Ltd?
The ROE of Manaksia Steels Ltd is 3.38 %.
What is the Face Value of Manaksia Steels Ltd?
The Face Value of Manaksia Steels Ltd is 1.00.