Price
Financials
Consolidated, Rs crore| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 268 | 333 | 396 | 361 | 406 | 436 |
| Expenses | 243 | 302 | 362 | 330 | 361 | 378 |
| Operating Profit | 25 | 32 | 34 | 31 | 45 | 58 |
| OPM % | 9% | 9% | 9% | 9% | 11% | 13% |
| Other Income | 0 | 0 | 2 | 8 | 6 | 1 |
| Interest | 6 | 7 | 7 | 9 | 13 | 15 |
| Depreciation | 10 | 10 | 11 | 13 | 13 | 14 |
| Profit before tax | 10 | 15 | 18 | 16 | 25 | 30 |
| Tax % | 27% | 30% | 30% | 30% | 24% | 26% |
| Net Profit | 7 | 11 | 12 | 12 | 19 | 22 |
| EPS in Rs | 3.50 | 5.70 | 6.51 | 6.07 | 2.03 | 4,480.00 |
| Dividend Payout % | -0% | -0% | 23% | -0% | -0% | -0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 10% | 3% | 7% | ||
| Compounded Profit Growth | % | 26% | 22% | 16% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | 14% | 15% | 17% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 20 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 78 | 77 | 87 | 89 | 106 | 129 |
| Borrowings | 52 | 63 | 55 | 100 | 107 | 97 |
| Other Liabilities | 36 | 35 | 46 | 45 | 89 | 79 |
| Total Liabilities | 186 | 194 | 207 | 253 | 321 | 324 |
| Fixed Assets | 71 | 79 | 84 | 126 | 153 | 156 |
| CWIP | 2 | 3 | 8 | 15 | 3 | 6 |
| Investments | -0 | -0 | -0 | 0 | 0 | 0 |
| Other Assets | 114 | 112 | 115 | 112 | 165 | 161 |
| Total Assets | 186 | 194 | 207 | 253 | 321 | 324 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 17 | 28 | 40 | 32 | 37 | 44 |
| Cash from Investing Activity | -10 | -19 | -21 | -53 | -23 | -19 |
| Cash from Financing Activity | -7 | -9 | -18 | 22 | -13 | -26 |
| Net Cash Flow | 0 | 0 | -0 | -0 | 1 | -1 |
| Free Cash Flow | 7 | 9 | 18 | -22 | 14 | 25 |
| CFO/OP | 70% | 99% | 124% | 109% | 95% | 87% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 81 | 65 | 48 | 45 | 55 | 55 |
| Inventory Days | 64 | 54 | 57 | 86 | 77 | |
| Days Payable | 37 | 41 | 22 | 45 | 34 | |
| Cash Conversion Cycle | 81 | 92 | 61 | 80 | 95 | 98 |
| Working Capital Days | 37 | 21 | 17 | 2 | 3 | 14 |
| ROCE % | 14% | 16% | 14% | 18% | 19% |
| Sep 2026 | |
|---|---|
| Promoters | 74.95% |
| FIIs | 2.27% |
| DIIs | 10.26% |
| Public | 12.52% |
| No. of Shareholders | 30,285 |
Fundamentals
Market Cap₹ 490 Cr.
Current Price₹ 41.8
Stock P/E21.7
Book Value₹
ROCE19.2 %
ROE16.5 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)16%
Consolidated figures.
Valuation
Market capRs 492 Cr
Enterprise valueRs 554 Cr
P/E (TTM)45.41x
Price to book5.10x
Price to sales1.48x
EV / EBITDA17.28x
EV / EBIT25.11x
EV / sales1.66x
Price to cash flow17.44x
Earnings yield2.20%
Profitability
Operating margin (excl. other income)9.49%
Operating margin (incl. other income)9.62%
EBITDA margin9.62%
Pre-tax margin4.62%
Net profit margin3.25%
ROE11.13%
ROCE14.25%
ROA5.70%
ROIC (approx.)9.77%
Tax rate29.74%
Other income / net worth0.44%
Growth
Sales growth (latest year)24.41%
Profit growth (latest year)54.94%
Per share
EPS (TTM)Rs 0.92
EPS (latest year)Rs 5.70
Book value per shareRs 8.23
Sales per shareRs 28.46
Cash flow per shareRs 2.41
Free cash flow per shareRs 2.13
Efficiency
Asset turnover1.72x
Fixed asset turnover4.24x
Inventory turnover6.21x
Inventory days59 days
Debtor days65 days
Debtors turnover5.65x
Creditor days34 days
Cash conversion cycle98 days
Working capital days14 days
Leverage
Total debtRs 63 Cr
Cash and bankRs 1 Cr
Net debtRs 62 Cr
Debt to equity0.65x
Net debt / EBITDA1.94x
Interest coverage3.31x
Owners' fund to total sources49.66%
Debt to assets32.44%
Cash flow
Cash from Operating Activity (latest year)Rs 28 Cr
Cash from Investing Activity (latest year)Rs -19 Cr
Cash from Financing Activity (latest year)Rs -9 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 25 Cr
FCFE (approx.: FCF + change in debt)Rs 36 Cr
Cash from ops / profit, 5 years2.38x
Sales to cash flow11.82x
Statement figures
Net sales (TTM)Rs 333 Cr
Net sales (latest year)Rs 333 Cr
Operating profit excl. other income (latest year)Rs 32 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 32 Cr
PBDT (TTM)Rs 25 Cr
Profit before tax (TTM)Rs 15 Cr
Tax (latest year)Rs 5 Cr
Net profit (TTM)Rs 11 Cr
Net profit (latest year)Rs 11 Cr
Depreciation (TTM)Rs 10 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 261 Cr
Total expenditure (latest year)Rs 302 Cr
Total income (latest year)Rs 334 Cr
Share capitalRs 19 Cr
ReservesRs 77 Cr
Shareholders' fundsRs 96 Cr
Total assetsRs 194 Cr
Net blockRs 79 Cr
Capital work in progressRs 3 Cr
ReceivablesRs 59 Cr
InventoryRs 42 Cr
Other liabilitiesRs 35 Cr
Shares outstanding (crore)11.71
Ownership
Promoter holding74.95%
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | MANIKA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +1.3% | -2.8% | +4.0 pts |
Red flags
F-score 7 of 8No red flags in the latest statements and filings.
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
No quarterly results published.
Activity
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| Date | Client | Side | Qty | Price |
|---|---|---|---|---|
| 2026-09-28 | Equism Capital Private Limited | BUY | 609,786 | 41.61 |
No corporate actions on record.
| Date | Type | What it says |
|---|---|---|
| 2026-09-30 | Updates | Declaration under Regulation 29(2) & 29(3) of SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011. |
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 Manika Plastech Ltd?
Manika Plastech Ltd (MANIKA) has a market capitalisation of Rs 490 Cr. at the 2026-10-01 close.
What is the P/E ratio of Manika Plastech Ltd?
Manika Plastech Ltd trades at a P/E of 21.7 on trailing twelve-month profit, at the 2026-10-01 close.
What is the 52-week high and low of Manika Plastech Ltd?
The 52-week high is Rs 43.52 and the 52-week low is Rs 39.71.