MarketFriction

Manaksia Ltd

NSE MANAKSIA · BSE 532932 · Iron & Steel Products
₹59.56 -0.72%
NSE close2026-10-01
52 week range42.10 - 73.40
Market cap₹405 Cr.
P/E6.45
Price band 20% Delivery 60.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales199152115105169188269173190184237223
Expenses1731319591161171254163183177219206
Operating Profit252119149171510771716
OPM %13%14%17%13%5%9%5%6%3.7%3.7%7%7%
Other Income1510-2171786141117-323
Interest443235111211
Depreciation322111111211
Profit before tax342513282118172215211337
Tax %30%31%-19%33%29%29%34%29%32%30%3%28%
Net Profit241715191513111510151227
EPS in Rs3.532.492.162.602.231.951.762.291.682.221.803.89
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,0991,0419869908568611,1741,165702731784833
Expenses9188648959067847609461,019606677743786
Operating Profit18117691857210122814696544148
OPM %16%17%9%9%8%12%19%13%14%7%5%6%
Other Income4596666333607730483947
Interest21171810661015121244
Depreciation60484444423225219665
Profit before tax104116126978896254187104857186
Tax %10%13%24%22%30%33%27%42%24%31%25%
Net Profit941019675616518610879585364
EPS in Rs14.2415.3614.4811.168.959.1127.9516.3111.538.557.999.59
Dividend Payout %14%0%21%27%117%33%11%18%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-3%-2%-12%4%
Compounded Profit Growth-7%-3%-15%40%
Stock Price CAGR2%-1%-24%-8%
Return on Equity9%10%8%7%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital131313131313131313131313
Reserves1,0791,1938049761,0409469431,0491,111537559710
Borrowings2201412065245145211458742630
Other Liabilities999424315217115516419821197116109
Total Liabilities1,4121,4411,2661,1941,2691,1281,1721,3741,393722714862
Fixed Assets363346249310265209173141129484854
CWIP1111611910443430651
Investments3524346415238583630671426111175
Other Assets934929973528585677413598591248549582
Total Assets1,4121,4411,2661,1941,2691,1281,1721,3741,393722714862
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity113262481279-5-3727914053135-275-11
Cash from Investing Activity-161-59-285-30313178-359-45-5-250322-1
Cash from Financing Activity36-12153-188-33-973332-91-16-681
Net Cash Flow-1282249-212-2543-48127-43-131-21-11
Free Cash Flow40169463257-18-4027313742136-287-54
CFO/OP58%147%279%327%16%-10%293%75%89%230%-457%18%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days292664253630252745263333
Inventory Days18210776719194817531506139
Days Payable2729102324444371716163323
Cash Conversion Cycle18410439648480698560606148
Working Capital Days210214798888144401824698102
ROCE %11%9%11%14%10%9%9%23%12%14%12%10%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.93%74.93%74.93%74.93%74.93%74.93%74.93%74.93%74.93%74.93%74.93%74.93%
FIIs1.70%1.73%1.50%1.28%1.35%1.10%1.10%0.94%0.95%0.95%0.98%0.95%
Government0.00%0.00%0.00%0.00%0.00%0.21%0.21%0.21%0.21%0.21%0.21%0.21%
Public23.36%23.34%23.56%23.78%23.73%23.76%23.76%23.91%23.91%23.90%23.88%23.92%
No. of Shareholders34,02034,23935,98736,28837,75537,42736,63536,03335,72634,89434,29333,456

Fundamentals

Market Cap₹ 405 Cr.
Current Price₹ 61.7
Stock P/E6.45
Book Value₹ 110
ROCE9.83 %
ROE6.97 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)4%
Compounded Profit Growth (TTM)40%
Consolidated figures.
Valuation
Market capRs 390 Cr
Enterprise valueRs 158 Cr
P/E (TTM)6.21x
Price to book0.54x
Price to sales0.47x
EV / EBITDA1.66x
EV / EBIT1.76x
EV / sales0.19x
Earnings yield16.10%
P/E, 3-year average6.89x
P/B, 3-year average0.74x
P/E, 5-year average5.97x
P/B, 5-year average0.66x
Profitability
Operating margin (excl. other income)5.26%
Operating margin (incl. other income)10.18%
EBITDA margin11.42%
Pre-tax margin10.30%
Net profit margin7.54%
Net margin, latest quarter11.45%
ROE8.08%
ROCE11.00%
ROA6.64%
ROE, 3-year average9.03%
ROCE, 3-year average13.22%
ROA, 3-year average7.20%
ROE, 5-year average11.00%
ROCE, 5-year average16.20%
ROA, 5-year average8.74%
ROIC (approx.)13.71%
Tax rate25.10%
Other income / net worth5.33%
Growth
Sales growth (latest year)7.26%
Profit growth (latest year)-6.50%
Sales CAGR, 3 years-12.38%
Sales CAGR, 5 years-1.85%
Profit CAGR, 3 years-21.16%
Profit CAGR, 5 years-2.58%
Sales growth QoQ-5.88%
Profit growth QoQ116.55%
Sales growth YoY (latest quarter)28.47%
Profit growth YoY (latest quarter)70.07%
Per share
EPS (TTM)Rs 9.59
EPS (latest year)Rs 7.99
EPS (latest quarter)Rs 3.89
EPS, 3-year averageRs 9.35
EPS, 5-year averageRs 14.46
Book value per shareRs 110.28
Sales per shareRs 127.18
Cash flow per shareRs -1.61
Free cash flow per shareRs -8.24
Dividend per share, 5-year averageRs 3.00
Dividends
Dividend payout, 5-year average14.57%
Efficiency
Asset turnover0.91x
Fixed asset turnover14.59x
Inventory turnover10.33x
Inventory days35 days
Debtor days33 days
Debtors turnover11.22x
Creditor days23 days
Cash conversion cycle48 days
Working capital days102 days
Leverage
Total debtRs 30 Cr
Cash and bankRs 263 Cr
Net debtRs -232 Cr
Debt to equity0.04x
Net debt / EBITDA-2.44x
Interest coverage23.30x
Current ratio (filing 2026-03-31)7.34x
Quick ratio (filing 2026-03-31)6.68x
Trade payables (filing 2026-03-31)Rs 40 Cr
Owners' fund to total sources83.85%
Debt to assets3.52%
Cash flow
Cash from Operating Activity (latest year)Rs -11 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs -11 Cr
Free cash flow (latest year)Rs -54 Cr
FCFE (approx.: FCF + change in debt)Rs -50 Cr
Cash from ops / profit, 5 years0.09x
Statement figures
Net sales (TTM)Rs 833 Cr
Net sales (latest year)Rs 784 Cr
Sales (latest quarter)Rs 223 Cr
Operating profit excl. other income (latest year)Rs 41 Cr
Operating profit (latest quarter)Rs 16 Cr
Other income (TTM)Rs 47 Cr
EBITDA (TTM)Rs 95 Cr
PBDT (TTM)Rs 91 Cr
Profit before tax (TTM)Rs 86 Cr
Tax (latest year)Rs 18 Cr
Net profit (TTM)Rs 63 Cr
Net profit (latest year)Rs 52 Cr
Net profit (latest quarter)Rs 26 Cr
Depreciation (TTM)Rs 5 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 685 Cr
Total expenditure (latest year)Rs 743 Cr
Total income (latest year)Rs 823 Cr
Share capitalRs 13 Cr
ReservesRs 710 Cr
Shareholders' fundsRs 723 Cr
Total assetsRs 862 Cr
Net blockRs 54 Cr
Capital work in progressRs 51 Cr
InvestmentsRs 175 Cr
ReceivablesRs 70 Cr
InventoryRs 66 Cr
Other liabilitiesRs 109 Cr
Shares outstanding (crore)6.55
Ownership
Promoter holding74.93% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 6.2 is at the 54th percentile of its own 9.4-year range (median 6.0, low 2.3, high 10.2).
P/B 0.54 is at the 54th percentile (median 0.51).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodMANAKSIANifty 50Difference
1 week-7.0%-2.8% -4.2 pts
1 month+3.1%-6.8% +9.9 pts
3 months+2.1%-7.6% +9.7 pts
6 months+40.0%+0.4% +39.6 pts
1 year-13.8%-9.9% -3.9 pts
2 years-39.9%-13.6% -26.3 pts
3 years-57.9%+14.2% -72.1 pts
5 years-9.2%+27.9% -37.1 pts

Red flags

F-score 3 of 8
explainWeak cash conversion Cash from operations was -82% of net profit over the last 3 years
lookProfit leans on other income Other income was 55% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹223 Cr +28.9% vs Jun 2025. Net profit ₹27 Cr +80.0%.
Against our estimate for Jun 2026: sales +38.6%, profit +150.2% big beat. Our estimate for Sep 2026: sales Rs 206 Cr, profit Rs 14 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-09-11Annual General Meeting
2023-09-14Annual General Meeting/Dividend - Rs 3 Per Share
2022-11-25Interim Dividend - Rs 3 Per Share
2022-09-19Annual General Meeting
2021-09-13 Dividend - Rs 3 Per Share
2020-09-21 Annual General Meeting
2020-03-05 Interim Dividend - Rs 7.50 Per Share
2019-11-20 Interim Dividend - Rs 3 Per Share
2019-09-17 Annual General Meeting
2019-02-21 Interim Dividend - Rs 3 Per Share
2018-09-18 Annual General Meeting
2017-09-13 Annual General Meeting
2017-09-07 Interim Dividend-Rs 3/- Per Share (Purpose Revised)
2016-09-14 Annual General Meeting
2015-11-10 Interim Dividend - Rs 2/- Per Share (Purpose Revised)
2015-09-15 Annual General Meeting
2015-02-18Interim Dividend - Rs 2/- Per Share (Purpose Revised)
2014-12-04Scheme Of Arrangement
2014-09-15Annual General Meeting
2013-09-19Annual General Meeting
2013-08-16Interim Dividend Rs 2 Per Share (Purpose Revised)
2012-09-20Annual General Meeting
2011-08-17Annual General Meeting And Dividend Rs.2.50 Per Share
2010-12-15Annual General Meeting And Dividend Rs.2.40 Per Share
2009-09-11Agm/Div-Rs.2.20 Per Share
2008-09-22Annual General Meeting
2008-08-14Dividend - 100%
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Manaksia Ltd?

Manaksia Ltd (MANAKSIA) has a market capitalisation of Rs 405 Cr. at the 2026-10-01 close.

What is the P/E ratio of Manaksia Ltd?

Manaksia Ltd trades at a P/E of 6.45 on trailing twelve-month profit, at the 2026-10-01 close.

What were Manaksia Ltd's latest quarterly results?

In the Jun 2026 quarter, Manaksia Ltd sales was Rs 223 Cr (+28.9% vs Jun 2025) and net profit was Rs 27 Cr.

What is the 52-week high and low of Manaksia Ltd?

The 52-week high is Rs 73.40 and the 52-week low is Rs 42.10.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03