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Manaksia Steels

  • Market Cap: Micro Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE824Q01011
  • NSEID: MANAKSTEEL
  • BSEID: 539044
INR
47.98
2.47 (5.43%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 26.94 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

46.6548.99

52 Week

43.1077.19
Valuation
Technical
Day's Volume

CASH

26.94 k (-55.87%) Volume

Shareholding (Mar 2025)

FII

0.00%

Held by 0 FIIs

DII

0.63%

Held by 0 DIIs

Promoter

74.75%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of -0.63% over the last 5 years

 
2

The company has declared Negative results for the last 4 consecutive quarters

3

Stock is technically in a Bearish range

4

With ROCE of 2.2, it has a Expensive valuation with a 1 Enterprise value to Capital Employed

5

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 314 Cr (Micro Cap)

stock-summary
P/E

27.00

stock-summary
Industry P/E

29

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.23

stock-summary
Return on Equity

4.07%

stock-summary
Price to Book

1.00

Revenue and Profits (1 Year):
Net Sales:
160 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-28.97%
0%
-28.97%
1 Year
-25.9%
0%
-25.9%
2 Years
30.38%
0%
30.38%
3 Years
-1.28%
0%
-1.28%
4 Years
88.16%
0%
88.16%
5 Years
641.58%
0%
641.58%

Manaksia Steels for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-0.63%
EBIT Growth (5y)
6.77%
EBIT to Interest (avg)
10.53
Debt to EBITDA (avg)
2.46
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.97
Tax Ratio
24.88%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.63%
ROCE (avg)
10.56%
ROE (avg)
8.87%
Valuation key factors
Factor
Value
P/E Ratio
27
Industry P/E
29
Price to Book Value
1.00
EV to EBIT
46.40
EV to EBITDA
26.52
EV to Capital Employed
1.00
EV to Sales
0.62
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
2.18%
ROE (Latest)
4.07%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Payal Agrawal (19.51%)

Highest Public shareholder

None

Individual Investors Holdings

20.11%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 53.64% vs -36.77% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 112.84% vs -33.13% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "160.48",
          "val2": "104.45",
          "chgp": "53.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "5.82",
          "val2": "-3.10",
          "chgp": "287.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.09",
          "val2": "1.31",
          "chgp": "59.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.09",
          "val2": "-0.21",
          "chgp": "57.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "2.32",
          "val2": "1.09",
          "chgp": "112.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.63%",
          "val2": "-2.97%",
          "chgp": "6.60%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -29.89% vs 9.64% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -85.73% vs 510.90% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "269.63",
          "val2": "384.56",
          "chgp": "-29.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.00",
          "val2": "23.22",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "2.98",
          "val2": "1.41",
          "chgp": "111.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.64",
          "val2": "-0.57",
          "chgp": "-12.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "2.72",
          "val2": "19.06",
          "chgp": "-85.73%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.00%",
          "val2": "6.04%",
          "chgp": "-6.04%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -16.99% vs 2.28% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -78.89% vs 300.50% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "430.11",
          "val2": "518.16",
          "chgp": "-16.99%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "5.82",
          "val2": "29.42",
          "chgp": "-80.22%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "5.07",
          "val2": "4.37",
          "chgp": "16.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.73",
          "val2": "1.36",
          "chgp": "-153.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "5.04",
          "val2": "23.87",
          "chgp": "-78.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.35%",
          "val2": "5.68%",
          "chgp": "-4.33%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -8.26% vs 21.52% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 132.81% vs -65.49% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "681.07",
          "val2": "742.38",
          "chgp": "-8.26%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "37.43",
          "val2": "24.06",
          "chgp": "55.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "8.22",
          "val2": "3.93",
          "chgp": "109.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.06",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "28.38",
          "val2": "12.19",
          "chgp": "132.81%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "5.50%",
          "val2": "3.24%",
          "chgp": "2.26%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
160.48
104.45
53.64%
Operating Profit (PBDIT) excl Other Income
5.82
-3.10
287.74%
Interest
2.09
1.31
59.54%
Exceptional Items
-0.09
-0.21
57.14%
Consolidate Net Profit
2.32
1.09
112.84%
Operating Profit Margin (Excl OI)
3.63%
-2.97%
6.60%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 53.64% vs -36.77% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 112.84% vs -33.13% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
269.63
384.56
-29.89%
Operating Profit (PBDIT) excl Other Income
0.00
23.22
-100.00%
Interest
2.98
1.41
111.35%
Exceptional Items
-0.64
-0.57
-12.28%
Consolidate Net Profit
2.72
19.06
-85.73%
Operating Profit Margin (Excl OI)
0.00%
6.04%
-6.04%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -29.89% vs 9.64% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -85.73% vs 510.90% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
430.11
518.16
-16.99%
Operating Profit (PBDIT) excl Other Income
5.82
29.42
-80.22%
Interest
5.07
4.37
16.02%
Exceptional Items
-0.73
1.36
-153.68%
Consolidate Net Profit
5.04
23.87
-78.89%
Operating Profit Margin (Excl OI)
1.35%
5.68%
-4.33%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -16.99% vs 2.28% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -78.89% vs 300.50% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
681.07
742.38
-8.26%
Operating Profit (PBDIT) excl Other Income
37.43
24.06
55.57%
Interest
8.22
3.93
109.16%
Exceptional Items
-0.06
0.00
Consolidate Net Profit
28.38
12.19
132.81%
Operating Profit Margin (Excl OI)
5.50%
3.24%
2.26%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -8.26% vs 21.52% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 132.81% vs -65.49% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Manaksia Steels Ltd stock-summary
stock-summary
Manaksia Steels Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
Incorporated in June, 2001 and founded by Mr. Suresh Kumar Agrawal, a qualified chemical engineer, Manaksia Steels Limited, flagship company of the Manaksia Group, is engaged in manufacturing of steel products. The Company is an ISO 9001: 2015 accredited entity and the product profile include Cold Rolled Steel Sheets & Coils, Galvanized Steel Sheets & Coil. Color Coated Steel Sheets & Coils.
Company Coordinates stock-summary
Company Details
Turner Morrison Building, 6 Lyons Range 1st Floor Kolkata West Bengal : 700001
stock-summary
Tel: 91-33-22310050/51/52
stock-summary
http://www.manaksiasteels.com
stock-summary
investorrelmsl@manaksia.com
Registrar Details
Link Intime India Pvt Ltd, 59 C , Chowringhee Road, 3rd Floor, Kolkata
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