Is Manaksia Steels a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Manaksia Steels Ltd is a below average quality company .

Is Manaksia Steels undervalued or overvalued?

The key valuation ratios of Manaksia Steels Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Manaksia Steels share price return in the past 10 years?

Data is not available for this company

Is Manaksia Steels a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Manaksia Steels Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Manaksia Steels Ltd - Stock Valuation and Financial Performance

Name: Manaksia Steels
Brand: Manaksia Steels

BSE: 539044 | NSE: MANAKSTEEL | Steel & Iron Products | Small Cap

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Manaksia Steels Share Price

₹62.43 -0.86 -1.36%
as on 20-Dec'24 16:59

10 Year X-Ray of Manaksia Steels:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	6.2%	5.3%	8.9%	12.5%	8.5%	5.4%	10.9%	15.2%	6.4%	11.3%	-
Value Creation Index ⓘ	-0.6	-0.6	-0.4	-0.1	-0.4	-0.6	-0.2	0.1	-0.5	-0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	329	289	334	494	689	488	388	505	641	632	524
Sales YoY Gr.	-	-12.1%	15.4%	47.8%	39.6%	-29.2%	-20.5%	30%	27.2%	-1.5%	-
Adj EPS ⓘ	0.7	0.7	1.6	2.9	2.3	1.9	2.8	4.4	2	4.4	2.5
YoY Gr.	-	-5.4%	127.1%	83.7%	-22.6%	-14.6%	43.5%	58.5%	-54.4%	118.5%	-
BVPS (₹) ⓘ	22.6	23.4	24.4	26.9	28.5	29.5	33.4	39.3	43	47.2	48.4
Adj Net Profit ⓘ	4.8	4.6	10.5	19.1	14.8	12.7	18.1	28.8	13.1	28.7	16
Cash Flow from Ops. ⓘ	94.6	-4.6	10	-15	101	-6	34.2	-2	29.2	-49.4	-
Debt/CF from Ops. ⓘ	0.5	-11.7	5.8	-6.2	0	-6.8	1.8	-3.8	1.6	-3.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	7.5%	-1.7%	17.7%	-1.5%
Adj EPS ⓘ	21.8%	14.1%	16.4%	118.5%
BVPSⓘ	8.5%	10.6%	12.2%	9.6%
Share Price	-	40%	25.4%	39.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	3.3	3	6.7	11.4	8.2	6.7	8.8	12.1	4.9	9.7	5.1
Op. Profit Mgn % ⓘ	4.8	5.9	8.1	7.5	4.2	3.5	6.8	7.7	2.8	5.4	2.2
Net Profit Mgn % ⓘ	1.5	1.6	3.1	3.9	2.2	2.6	4.7	5.7	2.1	4.5	3.1
Debt to Equity ⓘ	0.3	0.4	0.4	0.5	0	0.2	0.3	0	0.2	0.6	0
Working Cap Days ⓘ	211	177	171	152	113	137	185	133	83	98	120
Cash Conv. Cycle ⓘ	135	124	124	94	55	55	76	64	53	71	51

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 17.66%

Net Profit is growing at healthy rate in last 3 years 16.41%

Return on Equity has declined versus last 3 years average to 5.10%

Sales growth is not so good in last 4 quarters at -24.36%

Latest Financials - Manaksia Steels Ltd.

	Standalone	Consolidated
TTM EPS (₹)	2.5	1.8
TTM Sales (₹ Cr.)	524	566
BVPS (₹.) ⓘ	48.4	45.7
Reserves (₹ Cr.) ⓘ	307	293
P/BV ⓘ	1.29	1.37
PE ⓘ	25.43	33.98

From the Market
52 Week Low / High (₹)	43.31 / 107.10
All Time Low / High (₹)	5.00 / 107.10
Market Cap (₹ Cr.)	409
Equity (₹ Cr.)	6.6
Face Value (₹)	1
Industry PE ⓘ	22.2

Management X-Ray of Manaksia Steels:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Manaksia Steels

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Manaksia Steels

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	329	289	334	494	689	488	388	505	641	632
Operating Expenses ⓘ	313	272	309	460	667	477	362	466	624	600
Manufacturing Costs	22	23	19	29	30	25	41	38	33	32
Material Costs	253	223	266	403	604	418	296	397	562	536
Employee Cost	7	5	7	11	13	14	12	13	13	15
Other Costs ⓘ	31	21	17	18	20	20	13	17	17	17
Operating Profit ⓘ	16	17	25	34	22	11	26	39	17	32
Operating Profit Margin (%)	4.8%	5.9%	7.5%	6.8%	3.2%	2.3%	6.8%	7.7%	2.7%	5.1%
Other Income ⓘ	6	1	2	3	2	6	7	8	7	16
Interest ⓘ	3	2	4	4	3	2	1	1	2	7
Depreciation ⓘ	8	7	8	7	5	6	6	6	5	5
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	3
Profit Before Tax ⓘ	11	8	15	27	17	10	27	41	16	39
Tax ⓘ	3	3	5	10	6	1	7	11	4	9
Profit After Tax	8	5	9	17	10	9	20	30	13	30
PAT Margin (%)	2.5%	1.7%	2.7%	3.4%	1.5%	1.8%	5.1%	5.9%	2.0%	4.8%
Adjusted EPS (₹)	1.3	0.8	1.4	2.5	1.6	1.3	3.0	4.5	1.9	4.6
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	148	153	160	176	186	193	219	257	282	309
Share Capital ⓘ	7	7	7	7	7	7	7	7	7	7
Reserves ⓘ	142	147	153	170	180	187	212	251	275	302
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	45	54	57	93	0	40	63	7	45	183
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	45	54	57	93	0	40	63	7	45	183
Trade Payables	21	24	16	74	82	49	10	9	12	9
Others Liabilities ⓘ	15	18	21	14	13	13	14	16	18	46
Total Liabilities ⓘ	229	249	254	357	281	296	305	290	357	546
Fixed Assets
Gross Block	100	102	63	64	68	72	73	75	81	94
Accumulated Depreciation	32	40	7	14	19	25	31	35	41	45
Net Fixed Assetsⓘ	68	62	55	50	49	47	43	39	40	49
CWIP ⓘ	1	1	2	3	0	2	0	5	7	32
Investmentsⓘ	0	0	0	32	42	35	49	77	154	234
Inventories	60	49	49	123	74	87	80	82	93	135
Trade Receivables	57	91	94	93	81	43	17	19	15	26
Cash Equivalents	22	29	29	24	12	24	7	8	23	23
Others Assetsⓘ	20	17	25	32	23	59	109	60	25	47
Total Assets ⓘ	229	249	254	357	281	296	305	290	357	546

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	95	-5	10	-15	101	-6	34	-2	29	-49
PBT ⓘ	11	8	15	27	17	10	27	41	16	39
Adjustment ⓘ	10	9	11	8	7	5	1	-2	1	-4
Changes in Working Capital ⓘ	79	-19	-11	-36	86	-16	12	-29	15	-80
Tax Paid ⓘ	-6	-4	-4	-14	-8	-4	-6	-11	-3	-5
Cash Flow From Investing Activity ⓘ	-1	-1	-12	-26	-5	-22	-72	59	-67	-84
Capex	-2	-2	-1	-3	-2	-3	0	-7	-8	-38
Net Investments	0	0	0	-7	-10	-23	-74	58	-61	-49
Others ⓘ	1	0	-11	-16	7	4	2	8	3	3
Cash Flow From Financing Activityⓘ	-87	7	-1	31	-96	39	21	-57	35	131
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-3	-2	-4	-4	-3	-1	-1	-1	-2	-6
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-83	9	4	35	-93	40	22	-56	38	137
Net Cash Flow ⓘ	7	1	-3	-9	0	11	-16	1	-2	-3

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	5.79	3.3	5.84	9.92	5.69	4.58	9.56	12.42	4.69	10.23
ROCE (%)	6.15	5.26	8.94	12.54	8.45	5.4	10.87	15.15	6.39	11.25
Asset Turnover Ratio	1.18	1.27	1.38	1.64	2.16	1.69	1.29	1.7	1.99	1.4
PAT to CFO Conversion(x)	11.88	-1	1.11	-0.88	10.1	-0.67	1.7	-0.07	2.23	-1.63
Working Capital Days
Receivable Days	72	89	97	68	46	46	28	13	10	12
Inventory Days	105	66	52	63	52	60	78	58	50	66
Payable Days	51	37	28	41	47	57	36	9	7	7

Manaksia Steels Ltd Stock News

Manaksia Steels Ltd FAQs

What is the share price of Manaksia Steels?

Company share prices are keep on changing according to the market conditions. The closing price of Manaksia Steels on 20-Dec-2024 16:59 is ₹62.43.

What is the market cap of Manaksia Steels?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Manaksia Steels stood at ₹409.1.