Price
Financials
Standalone, Rs crore| Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 105.64 | 122.15 | 83.29 | 106.26 | 125.98 | 169.01 | 104.77 | 112.59 |
| Expenses | 81.86 | 92.42 | 64.95 | 84.99 | 97.69 | 131.51 | 84.50 | 90.23 |
| Operating Profit | 23.78 | 29.73 | 18.34 | 21.27 | 28.29 | 37.50 | 20.27 | 22.36 |
| OPM % | 22.51% | 24.34% | 22.02% | 20.02% | 22.46% | 22.19% | 19.35% | 19.86% |
| Other Income | 0.59 | 0.71 | 0.55 | 0.56 | 4.74 | 1.53 | 0.96 | 0.45 |
| Interest | 4.13 | 4.71 | 4.36 | 5.94 | 6.84 | 5.68 | 4.12 | 4.55 |
| Depreciation | 9.34 | 10.68 | 11.06 | 11.16 | 10.13 | 9.39 | 14.69 | 12.38 |
| Profit before tax | 10.90 | 15.05 | 3.47 | 4.73 | 16.06 | 23.96 | 2.42 | 5.88 |
| Tax % | 40.46% | 39.40% | 24.78% | 27.91% | 29.95% | 34.06% | 29.34% | 15.99% |
| Net Profit | 6.49 | 9.13 | 2.61 | 3.41 | 11.25 | 15.80 | 1.72 | 4.93 |
| EPS in Rs | 4.79 | 6.74 | 1.93 | 2.52 | 8.30 | 11.66 | 1.27 | 3.64 |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 74 | 106 | 149 | 216 | 309 | 361 | 438 | 523 | 543 | 644 | 904 | 1,149 |
| Expenses | 62 | 88 | 121 | 169 | 250 | 282 | 344 | 409 | 401 | 464 | 707 | 939 |
| Operating Profit | 12 | 17 | 28 | 47 | 60 | 79 | 94 | 114 | 141 | 180 | 197 | 210 |
| OPM % | 16% | 16% | 19% | 22% | 19% | 22% | 21% | 22% | 26% | 28% | 22% | 18% |
| Other Income | 0 | 0 | 1 | 1 | 2 | 4 | 11 | 3 | 6 | 4 | 1 | 6 |
| Interest | 2 | 1 | 4 | 6 | 11 | 13 | 22 | 21 | 15 | 27 | 42 | 41 |
| Depreciation | 3 | 5 | 10 | 19 | 19 | 32 | 43 | 47 | 45 | 79 | 104 | 98 |
| Profit before tax | 7 | 11 | 16 | 23 | 30 | 38 | 39 | 49 | 87 | 78 | 53 | 77 |
| Tax % | 35% | 35% | 32% | 35% | 32% | 36% | 33% | 30% | 34% | 26% | 30% | 35% |
| Net Profit | 4 | 7 | 11 | 15 | 20 | 24 | 26 | 35 | 58 | 58 | 37 | 50 |
| EPS in Rs | 3.25 | 5.53 | 7.80 | 10.92 | 15.13 | 17.82 | 19.48 | 25.58 | 42.62 | 42.94 | 27.14 | 36.80 |
| Dividend Payout % | 31% | 18% | 13% | 9% | 7% | 6% | 5% | 4% | 5% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 27% | 21% | 28% | 27% | ||
| Compounded Profit Growth | 21% | 16% | -5% | 34% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | 19% | 18% | 16% | 14% |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 40 | 46 | 55 | 68 | 87 | 109 | 134 | 167 | 222 | 280 | 317 | 353 |
| Borrowings | 13 | 29 | 52 | 106 | 131 | 224 | 274 | 233 | 202 | 462 | 460 | 469 |
| Other Liabilities | 9 | 11 | 43 | 29 | 49 | 79 | 81 | 64 | 52 | 122 | 118 | 156 |
| Total Liabilities | 76 | 99 | 163 | 217 | 280 | 425 | 503 | 478 | 489 | 879 | 909 | 992 |
| Fixed Assets | 32 | 58 | 92 | 97 | 149 | 235 | 227 | 212 | 263 | 491 | 449 | 426 |
| CWIP | 0 | 0 | 0 | 15 | 4 | 5 | 14 | 21 | 3 | 16 | 16 | 33 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 45 | 41 | 71 | 105 | 127 | 185 | 263 | 244 | 223 | 372 | 445 | 533 |
| Total Assets | 76 | 99 | 163 | 217 | 280 | 425 | 503 | 478 | 489 | 879 | 909 | 992 |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -7 | 9 | 11 | -16 | 74 | 56 | -8 | 114 | 112 | 83 | 105 | 124 |
| Cash from Investing Activity | -17 | -31 | -33 | -39 | -85 | -135 | -16 | -52 | -60 | -320 | -65 | -79 |
| Cash from Financing Activity | 30 | 13 | 30 | 47 | 10 | 79 | 24 | -63 | -52 | 239 | -41 | -44 |
| Net Cash Flow | 7 | -9 | 8 | -8 | 0 | -0 | -0 | 0 | 0 | 2 | -2 | 0 |
| Free Cash Flow | -21 | -22 | -22 | -54 | -2 | 58 | -2 | 61 | 50 | -239 | 39 | 43 |
| CFO/OP | -44% | 62% | 48% | -16% | 141% | 89% | 5% | 114% | 102% | 58% | 65% | 77% |
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 70 | 55 | 66 | 55 | 54 | 66 | 66 | 61 | 70 | 97 | 83 | 77 |
| Inventory Days | 113 | 105 | 101 | 150 | 64 | 82 | 155 | 98 | 107 | 179 | 149 | 121 |
| Days Payable | 53 | 23 | 39 | 34 | 32 | 18 | 31 | 11 | 13 | 35 | 48 | 49 |
| Cash Conversion Cycle | 130 | 137 | 129 | 172 | 86 | 130 | 190 | 148 | 163 | 241 | 183 | 148 |
| Working Capital Days | 131 | 115 | 62 | 131 | 74 | 91 | 143 | 109 | 112 | 143 | 124 | 115 |
| ROCE % | 18% | 17% | 18% | 19% | 20% | 17% | 15% | 17% | 24% | 18% | 12% | 14% |
Fundamentals
Market Cap₹ Cr.
Current Price₹ 446
Book Value₹ 271
ROCE14.5 %
ROE14.2 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)27%
Compounded Profit Growth (TTM)34%
Standalone figures.
Valuation
Market capRs 615 Cr
Enterprise valueRs 1,077 Cr
P/E (TTM)18.60x
Price to book1.68x
Price to sales1.27x
EV / EBITDA9.55x
EV / EBIT15.16x
EV / sales2.22x
Price to cash flow4.98x
Earnings yield5.38%
P/E, 3-year average13.21x
P/B, 3-year average1.87x
P/E, 5-year average13.61x
P/B, 5-year average2.33x
Profitability
Operating margin (excl. other income)18.29%
Operating margin (incl. other income)18.80%
EBITDA margin23.28%
Pre-tax margin9.95%
Net profit margin6.83%
Net margin, latest quarter9.35%
ROE14.28%
ROCE14.52%
ROA5.24%
ROE, 3-year average16.00%
ROCE, 3-year average14.79%
ROA, 3-year average5.95%
ROE, 5-year average19.36%
ROCE, 5-year average17.03%
ROA, 5-year average7.37%
ROIC (approx.)5.56%
Tax rate35.13%
Other income / net worth1.60%
Growth
Sales growth (latest year)27.05%
Profit growth (latest year)35.60%
Sales CAGR, 3 years28.41%
Sales CAGR, 5 years21.29%
Profit CAGR, 3 years-4.77%
Profit CAGR, 5 years13.57%
Sales growth QoQ34.16%
Profit growth QoQ40.44%
Sales growth YoY (latest quarter)38.36%
Profit growth YoY (latest quarter)73.06%
Per share
EPS (TTM)Rs 23.99
EPS (latest year)Rs 36.16
EPS (latest quarter)Rs 11.46
EPS, 3-year averageRs 35.01
EPS, 5-year averageRs 34.41
Book value per shareRs 266.33
Sales per shareRs 351.44
Cash flow per shareRs 89.63
Free cash flow per shareRs 31.19
Dividend per share, 5-year averageRs 1.49
Dividends
Dividend payout, 5-year average4.35%
Efficiency
Asset turnover1.16x
Fixed asset turnover2.70x
Inventory turnover3.79x
Inventory days96 days
Debtor days77 days
Debtors turnover4.77x
Creditor days49 days
Cash conversion cycle148 days
Working capital days115 days
Leverage
Total debtRs 469 Cr
Cash and bankRs 7 Cr
Net debtRs 462 Cr
Debt to equity1.28x
Net debt / EBITDA4.09x
Interest coverage3.11x
Owners' fund to total sources37.00%
Debt to assets47.25%
Cash flow
Cash from Operating Activity (latest year)Rs 124 Cr
Cash from Investing Activity (latest year)Rs -79 Cr
Cash from Financing Activity (latest year)Rs -44 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 43 Cr
FCFE (approx.: FCF + change in debt)Rs 52 Cr
Cash from ops / profit, 5 years2.26x
Sales to cash flow9.30x
Statement figures
Net sales (TTM)Rs 485 Cr
Net sales (latest year)Rs 1,149 Cr
Sales (latest quarter)Rs 169 Cr
Operating profit excl. other income (latest year)Rs 210 Cr
Operating profit (latest quarter)Rs 38 Cr
Other income (TTM)Rs 7 Cr
EBITDA (TTM)Rs 113 Cr
PBDT (TTM)Rs 90 Cr
Profit before tax (TTM)Rs 48 Cr
Tax (latest year)Rs 27 Cr
Net profit (TTM)Rs 33 Cr
Net profit (latest year)Rs 50 Cr
Net profit (latest quarter)Rs 16 Cr
Depreciation (TTM)Rs 42 Cr
Depreciation (latest quarter)Rs 9 Cr
Interest (TTM)Rs 23 Cr
Cost of goods sold (latest year)Rs 808 Cr
Total expenditure (latest year)Rs 939 Cr
Total income (latest year)Rs 1,155 Cr
Share capitalRs 14 Cr
ReservesRs 353 Cr
Shareholders' fundsRs 367 Cr
Total assetsRs 992 Cr
Net blockRs 426 Cr
Capital work in progressRs 33 Cr
ReceivablesRs 241 Cr
InventoryRs 213 Cr
Other liabilitiesRs 156 Cr
Shares outstanding (crore)1.38
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | MANJUSHREE | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.9% | -2.8% | +3.7 pts |
| 1 month | +0.7% | -6.8% | +7.4 pts |
| 3 months | +11.1% | -7.6% | +18.8 pts |
| 6 months | +16.4% | +0.4% | +16.0 pts |
| 1 year | +180.0% | -9.9% | +189.9 pts |
| 2 years | +372.9% | -13.6% | +386.4 pts |
| 3 years | +459.8% | +14.2% | +445.6 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
Dec 2014Sales ₹113 Cr +6.0% vs Dec 2013.
Net profit ₹5 Cr +44.6%.
Activity
CompareNo listed peers in this industry.
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2014-08-14 | Dividend - Re 1/- Per Share | |
| 2013-07-31 | Dividend Re 1/- Per Share | |
| 2012-07-30 | Dividend Re.1/- Per Share | |
| 2011-09-15 | Dividend-Re.1/- Per Share |
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 Alternicq Ltd?
Alternicq Ltd (MANJUSHREE) has a market capitalisation of Rs Cr. at the 2015-03-16 close.
What were Alternicq Ltd's latest quarterly results?
In the Dec 2014 quarter, Alternicq Ltd sales was Rs 113 Cr (+6.0% vs Dec 2013) and net profit was Rs 5 Cr.