Manaksia

Market Cap: Micro Cap
Industry: Aluminium & Aluminium Products
ISIN: INE015D01022
NSEID: MANAKSIA
BSEID: 532932

INR

60.39

0.09 (0.15%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 14.0 k

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Natl. Aluminium

Hindalco Inds.

Palco Metals Ltd

Century Extrus.

PG Foils

Hardwyn India

MMP Industries

Manaksia

Baheti Recycling

GSM Foils

Aluwind

Why is Manaksia Ltd ?

Poor long term growth as Net Sales has grown by an annual rate of -8.61% over the last 5 years

The company has declared Negative results for the last 10 consecutive quarters

PAT(Q) At Rs 13.19 cr has Fallen at -40.1% (vs previous 4Q average)
NET SALES(9M) At Rs 462.50 cr has Grown at -21.20%
INTEREST(Q) At Rs 4.88 cr has Grown at 50.62%

Stock is technically in a Bearish range

The technical trend has deteriorated from Mildly Bearish on 03-Jan-25 and has generated -32.53% returns since then
The stocks MACD and KST technical factors are also Bearish

Below par performance in long term as well as near term

Along with generating -46.73% returns in the last 1 year, the stock has also underperformed BSE 500 in the last 3 years, 1 year and 3 months

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Aluminium & Aluminium Products)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Manaksia for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Manaksia

-47.03%

-1.20

39.10%

SENSEX

0.45%

0.03

14.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-8.61%

EBIT Growth (5y)

15.99%

EBIT to Interest (avg)

10.41

Debt to EBITDA (avg)

0.49

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

0.98

Tax Ratio

22.85%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

1.31%

ROCE (avg)

42.97%

ROE (avg)

12.34%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.76

EV to EBIT

0.82

EV to EBITDA

0.74

EV to Capital Employed

0.26

EV to Sales

0.08

PEG Ratio

Dividend Yield

ROCE (Latest)

33.37%

ROE (Latest)

16.88%

Loading Valuation Snapshot...

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

Bullish

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

2What is working for the Company

NET SALES(Q)

At Rs 187.90 cr has Grown at 38.8% (vs previous 4Q average

-20What is not working for the Company

PAT(Q)

At Rs 13.19 cr has Fallen at -40.1% (vs previous 4Q average

NET SALES(9M)

At Rs 462.50 cr has Grown at -21.20%

INTEREST(Q)

At Rs 4.88 cr has Grown at 50.62%

CASH AND CASH EQUIVALENTS(HY)

Lowest at Rs 82.73 cr

DEBTORS TURNOVER RATIO(HY)

Lowest at 6.68 times

PBT LESS OI(Q)

At Rs 10.43 cr has Fallen at -6.8% (vs previous 4Q average

NON-OPERATING INCOME(Q)

is 45.22 % of Profit Before Tax (PBT

EPS(Q)

Lowest at Rs 1.95

Loading Valuation Snapshot...

Here's what is working for Manaksia

Net Sales - Quarterly

Highest at Rs 187.90 cr

in the last five quarters

MOJO Watch

Near term sales trend is positive

Net Sales (Rs Cr)

Net Sales - Quarterly

At Rs 187.90 cr has Grown at 38.8% (vs previous 4Q average)

over average Net Sales of the previous four quarters of Rs 135.40 Cr

MOJO Watch

Near term sales trend is positive

Net Sales (Rs Cr)

Here's what is not working for Manaksia

Profit After Tax (PAT) - Quarterly

At Rs 13.19 cr has Fallen at -40.1% (vs previous 4Q average)

over average PAT of the previous four quarters of Rs 22.01 Cr

MOJO Watch

Near term PAT trend is very negative

PAT (Rs Cr)

Interest - Quarterly

At Rs 4.88 cr has Grown at 50.62%

Quarter on Quarter (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Interest - Quarterly

Highest at Rs 4.88 cr

in the last five quarters and Increased by 50.62 % (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (Rs cr)

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs 10.43 cr has Fallen at -6.8% (vs previous 4Q average)

over average PBT of the previous four quarters of Rs 11.20 Cr

MOJO Watch

Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Non Operating Income - Quarterly

is 45.22 % of Profit Before Tax (PBT)

MOJO Watch

The company's income from non business activities is high; which is not a sustainable business model

Non Operating Income to PBT

Earnings per Share (EPS) - Quarterly

Lowest at Rs 1.95

in the last five quarters

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (Rs)

Cash and Cash Equivalents - Half Yearly

Lowest at Rs 82.73 cr

in the last six half yearly periods

MOJO Watch

Short Term liquidity is deteriorating

Cash and Cash Equivalents

Debtors Turnover Ratio- Half Yearly

Lowest at 6.68 times

in the last five half yearly periods

MOJO Watch

Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio