Manaksia Steels Ltd.
•₹ 85.460.35%
2026-08-21
PROS
- Latest quarter profit grew 252.4% YoY, showing strong momentum
CONS
- A large part of profit comes from other income (108.0% of PBT)
- Receivables are growing faster than sales - a possible quality concern
- Company has a low return on capital employed of 7.3%
- Company has a low return on equity of 6.2% over last 3 years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.13x)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | JSWSTEEL | 1296.00 | 12.79 | 316930.83 | 0.55 | 4696.00 | 112.58 | 47364.00 | 11.55 | 20.67 | 19.60 |
| 2. | TATASTEEL | 183.25 | 20.73 | 228759.33 | 2.18 | 2385.24 | 18.82 | 60794.29 | 15.26 | 12.70 | 15.40 |
| 3. | SAIL | 174.85 | 16.90 | 72222.23 | 1.34 | 1644.05 | 120.80 | 26245.67 | 1.25 | 6.39 | 15.92 |
| 4. | APLAPOLLO | 2142.50 | 48.40 | 59488.31 | 0.40 | 263.11 | 10.94 | 5606.71 | 12.07 | 22.90 | 7.34 |
| 5. | JSL | 718.45 | 18.23 | 59230.43 | 0.56 | 768.66 | 7.56 | 11278.54 | 10.50 | 19.19 | 12.09 |
| 6. | WELCORP | 2004.10 | 22.89 | 52866.28 | 0.25 | 1047.88 | 200.11 | 4081.12 | 14.91 | 23.94 | 32.17 |
| 7. | SHYAMMETL | 996.80 | 24.77 | 27823.86 | 0.45 | 350.73 | 20.66 | 5455.09 | 23.45 | 13.88 | 14.03 |
| 8. | SARDAEN | 508.30 | 15.85 | 17911.54 | 0.39 | 478.13 | 9.50 | 1608.04 | -1.07 | 15.84 | 41.59 |
| 9. | JINDALSAW | 269.60 | 26.38 | 17241.14 | 0.74 | 90.79 | -78.15 | 4452.31 | 9.00 | 10.38 | 8.79 |
| 10. | GPIL | 247.45 | 20.65 | 16655.80 | 0.40 | 222.37 | 2.75 | 1750.47 | 32.29 | 23.51 | 19.36 |
| 11. | RATNAMANI | 2285.90 | 37.01 | 16022.33 | 0.44 | 107.03 | -15.82 | 971.63 | -15.63 | 18.01 | 16.69 |
| 12. | MANAKSTEEL | 85.25 | 9.96 | 558.68 | 0.00 | 226.46 | 3391.52 | 3274.88 | 1405.75 | 4.18 | 10.24 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 206 | 155 | 119 | 153 | 156 | 95 | 142 | 190 | 201 | 244 | 298 | 310 | 302 | |
| 194 | 146 | 114 | 146 | 154 | 99 | 137 | 182 | 191 | 233 | 284 | 274 | 276 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 3 | 4 | 4 | 4 | 4 | 9 | 0 | 1 | 3 | 1 | 3 | -2 | 4 |
| Interest | 1 | 0 | 3 | 4 | 2 | 1 | 2 | 3 | 3 | 4 | 2 | 7 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 3 |
| 13 | 11 | 8 | 7 | 4 | 3 | 2 | 4 | 8 | 6 | 12 | 25 | 30 | |
| Tax % | 23.54% | 23.13% | 20.70% | 20.24% | 37.03% | 21.71% | -50.00% | -5.34% | 23.43% | 28.52% | 24.59% | 26.51% | 25.71% |
| Net Profit | 10 | 9 | 6 | 5 | 2 | 2 | 3 | 4 | 6 | 4 | 9 | 19 | 22 |
| 2 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 3 | 0 | |
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 206
- 194
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 1
- Depreciation
- 1
- 13
- Tax %
- 23.54%
- Net Profit
- 10
- 2
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 155
- 146
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 0
- Depreciation
- 1
- 11
- Tax %
- 23.13%
- Net Profit
- 9
- 1
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 119
- 114
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 3
- Depreciation
- 1
- 8
- Tax %
- 20.70%
- Net Profit
- 6
- 1
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 153
- 146
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 4
- Depreciation
- 1
- 7
- Tax %
- 20.24%
- Net Profit
- 5
- 1
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 156
- 154
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 2
- Depreciation
- 1
- 4
- Tax %
- 37.03%
- Net Profit
- 2
- 0
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 95
- 99
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 1
- Depreciation
- 1
- 3
- Tax %
- 21.71%
- Net Profit
- 2
- 0
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 142
- 137
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 2
- Depreciation
- 1
- 2
- Tax %
- -50.00%
- Net Profit
- 3
- 0
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 190
- 182
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 3
- Depreciation
- 1
- 4
- Tax %
- -5.34%
- Net Profit
- 4
- 1
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 201
- 191
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 3
- Depreciation
- 2
- 8
- Tax %
- 23.43%
- Net Profit
- 6
- 1
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 244
- 233
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 4
- Depreciation
- 3
- 6
- Tax %
- 28.52%
- Net Profit
- 4
- 1
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 298
- 284
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 2
- Depreciation
- 3
- 12
- Tax %
- 24.59%
- Net Profit
- 9
- 1
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 310
- 274
- Operating Profit
- —
- OPM %
- —
- Other Income
- -2
- Interest
- 7
- Depreciation
- 3
- 25
- Tax %
- 26.51%
- Net Profit
- 19
- 3
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 302
- 276
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 3
- Depreciation
- 3
- 30
- Tax %
- 25.71%
- Net Profit
- 22
- 0
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 7
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 289 | 334 | 494 | 689 | 488 | 388 | 505 | 641 | 632 | 584 | 1,154 | |
| 272 | 309 | 460 | 667 | 477 | 362 | 466 | 624 | 600 | 572 | 1,066 | |
| Operating Profit | 18 | 27 | 37 | 25 | 17 | 34 | 47 | 24 | 48 | 26 | — |
| OPM % | 6 | 8 | 7 | 4 | 4 | 9 | 9 | 4 | 8 | 4 | — |
| Other Income | 1 | 2 | 3 | 2 | 6 | 7 | 8 | 7 | 16 | 14 | 5 |
| Interest | 2 | 4 | 4 | 3 | 2 | 1 | 1 | 2 | 7 | 8 | 17 |
| Depreciation | 7 | 8 | 7 | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 11 |
| 8 | 15 | 27 | 17 | 10 | 27 | 41 | 16 | 39 | 13 | 73 | |
| Tax % | 39 | 37 | 37 | 38 | 11 | 27 | 27 | 23 | 22 | 7 | 26 |
| Net Profit | 5 | 9 | 17 | 10 | 9 | 20 | 30 | 13 | 30 | 12 | 54 |
| EPS | 0 | 0 | 3 | 0 | 0 | 3 | 5 | 2 | 5 | 2 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 3 | 2 | 1 | 3 | 5 | 2 | 5 | 2 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 1 | 3 | 2 | 1 | 3 | 5 | 2 | 5 | 2 | — |
Mar 2016
- 289
- 272
- Operating Profit
- 18
- OPM %
- 6
- Other Income
- 1
- Interest
- 2
- Depreciation
- 7
- 8
- Tax %
- 39
- Net Profit
- 5
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2017
- 334
- 309
- Operating Profit
- 27
- OPM %
- 8
- Other Income
- 2
- Interest
- 4
- Depreciation
- 8
- 15
- Tax %
- 37
- Net Profit
- 9
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2018
- 494
- 460
- Operating Profit
- 37
- OPM %
- 7
- Other Income
- 3
- Interest
- 4
- Depreciation
- 7
- 27
- Tax %
- 37
- Net Profit
- 17
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2019
- 689
- 667
- Operating Profit
- 25
- OPM %
- 4
- Other Income
- 2
- Interest
- 3
- Depreciation
- 5
- 17
- Tax %
- 38
- Net Profit
- 10
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2020
- 488
- 477
- Operating Profit
- 17
- OPM %
- 4
- Other Income
- 6
- Interest
- 2
- Depreciation
- 6
- 10
- Tax %
- 11
- Net Profit
- 9
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2021
- 388
- 362
- Operating Profit
- 34
- OPM %
- 9
- Other Income
- 7
- Interest
- 1
- Depreciation
- 6
- 27
- Tax %
- 27
- Net Profit
- 20
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2022
- 505
- 466
- Operating Profit
- 47
- OPM %
- 9
- Other Income
- 8
- Interest
- 1
- Depreciation
- 6
- 41
- Tax %
- 27
- Net Profit
- 30
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2023
- 641
- 624
- Operating Profit
- 24
- OPM %
- 4
- Other Income
- 7
- Interest
- 2
- Depreciation
- 5
- 16
- Tax %
- 23
- Net Profit
- 13
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 632
- 600
- Operating Profit
- 48
- OPM %
- 8
- Other Income
- 16
- Interest
- 7
- Depreciation
- 5
- 39
- Tax %
- 22
- Net Profit
- 30
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2025
- 584
- 572
- Operating Profit
- 26
- OPM %
- 4
- Other Income
- 14
- Interest
- 8
- Depreciation
- 5
- 13
- Tax %
- 7
- Net Profit
- 12
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
TTM
- 1,154
- 1,066
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 17
- Depreciation
- 11
- 73
- Tax %
- 26
- Net Profit
- 54
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 6%
- 5 Years:
- 4%
- 3 Years:
- 5%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 4%
- 5 Years:
- 6%
- 3 Years:
- -27%
STOCK PRICE CAGR
- 10 Years:
- 24%
- 5 Years:
- 20%
- 3 Years:
- 23%
- 1 Year:
- 42%
RETURN ON EQUITY
- 10 Years:
- 7%
- 5 Years:
- 8%
- 3 Years:
- 6%
- Last Year:
- 4%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| 147 | 153 | 170 | 180 | 187 | 212 | 251 | 275 | 302 | 300 | |
| 54 | 57 | 93 | 0 | 40 | 63 | 7 | 45 | 183 | 204 | |
| Trade Payables | 24 | 16 | 74 | 82 | 49 | 10 | 9 | 12 | 9 | 20 |
| 18 | 21 | 14 | 13 | 13 | 14 | 16 | 17 | 46 | 15 | |
| Total Liabilities | 249 | 254 | 357 | 281 | 296 | 305 | 290 | 357 | 546 | 545 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 62 | 55 | 50 | 49 | 47 | 43 | 39 | 40 | 49 | 52 | |
| Capital Work in Progress | 1 | 2 | 3 | 0 | 2 | 0 | 5 | 7 | 32 | 93 |
| 0 | 0 | 32 | 42 | 35 | 49 | 77 | 154 | 234 | 152 | |
| 49 | 49 | 123 | 74 | 87 | 80 | 82 | 93 | 135 | 133 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26 | 38 | |
| Cash & Bank | 29 | 29 | 24 | 12 | 24 | 7 | 8 | 23 | 23 | 28 |
| 108 | 119 | 125 | 104 | 102 | 126 | 79 | 40 | 47 | 48 | |
| Total Assets | 249 | 254 | 357 | 281 | 296 | 305 | 290 | 357 | 546 | 545 |
| Total Debt | 54 | 57 | 93 | 0 | 40 | 63 | 7 | 45 | 183 | 204 |
| Net Working Capital | 97 | 108 | 102 | 112 | 86 | 34 | 160 | 167 | 134 | 122 |
| Contingent Liabilities | 6 | 6 | 13 | 6 | 7 | 5 | 6 | 8 | 8 | 8 |
| Book Value per Share | 23.40 | 24.35 | 26.88 | 28.46 | 29.49 | 33.37 | 39.29 | 43.01 | 47.15 | 46.72 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 54 | 57 | 93 | 0 | 40 | 63 | 7 | 45 | 183 | 204 |
| Net Working Capital | 97 | 108 | 102 | 112 | 86 | 34 | 160 | 167 | 134 | 122 |
| Contingent Liabilities | 6 | 6 | 13 | 6 | 7 | 5 | 6 | 8 | 8 | 8 |
| Book Value per Share | 23.40 | 24.35 | 26.88 | 28.46 | 29.49 | 33.37 | 39.29 | 43.01 | 47.15 | 46.72 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2016
- Equity Capital
- 7
- 147
- 54
- Trade Payables
- 24
- 18
- Total Liabilities
- 249
- 62
- Capital Work in Progress
- 1
- 0
- 49
- 0
- Cash & Bank
- 29
- 108
- Total Assets
- 249
- Total Debt
- 54
- Net Working Capital
- 97
- Contingent Liabilities
- 6
- Book Value per Share
- 23.40
- Face Value
- 1.00
- Total Debt
- 54
- Net Working Capital
- 97
- Contingent Liabilities
- 6
- Book Value per Share
- 23.40
- Face Value
- 1.00
Mar 2017
- Equity Capital
- 7
- 153
- 57
- Trade Payables
- 16
- 21
- Total Liabilities
- 254
- 55
- Capital Work in Progress
- 2
- 0
- 49
- 0
- Cash & Bank
- 29
- 119
- Total Assets
- 254
- Total Debt
- 57
- Net Working Capital
- 108
- Contingent Liabilities
- 6
- Book Value per Share
- 24.35
- Face Value
- 1.00
- Total Debt
- 57
- Net Working Capital
- 108
- Contingent Liabilities
- 6
- Book Value per Share
- 24.35
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 7
- 170
- 93
- Trade Payables
- 74
- 14
- Total Liabilities
- 357
- 50
- Capital Work in Progress
- 3
- 32
- 123
- 0
- Cash & Bank
- 24
- 125
- Total Assets
- 357
- Total Debt
- 93
- Net Working Capital
- 102
- Contingent Liabilities
- 13
- Book Value per Share
- 26.88
- Face Value
- 1.00
- Total Debt
- 93
- Net Working Capital
- 102
- Contingent Liabilities
- 13
- Book Value per Share
- 26.88
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 7
- 180
- 0
- Trade Payables
- 82
- 13
- Total Liabilities
- 281
- 49
- Capital Work in Progress
- 0
- 42
- 74
- 0
- Cash & Bank
- 12
- 104
- Total Assets
- 281
- Total Debt
- 0
- Net Working Capital
- 112
- Contingent Liabilities
- 6
- Book Value per Share
- 28.46
- Face Value
- 1.00
- Total Debt
- 0
- Net Working Capital
- 112
- Contingent Liabilities
- 6
- Book Value per Share
- 28.46
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 7
- 187
- 40
- Trade Payables
- 49
- 13
- Total Liabilities
- 296
- 47
- Capital Work in Progress
- 2
- 35
- 87
- 0
- Cash & Bank
- 24
- 102
- Total Assets
- 296
- Total Debt
- 40
- Net Working Capital
- 86
- Contingent Liabilities
- 7
- Book Value per Share
- 29.49
- Face Value
- 1.00
- Total Debt
- 40
- Net Working Capital
- 86
- Contingent Liabilities
- 7
- Book Value per Share
- 29.49
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 7
- 212
- 63
- Trade Payables
- 10
- 14
- Total Liabilities
- 305
- 43
- Capital Work in Progress
- 0
- 49
- 80
- 0
- Cash & Bank
- 7
- 126
- Total Assets
- 305
- Total Debt
- 63
- Net Working Capital
- 34
- Contingent Liabilities
- 5
- Book Value per Share
- 33.37
- Face Value
- 1.00
- Total Debt
- 63
- Net Working Capital
- 34
- Contingent Liabilities
- 5
- Book Value per Share
- 33.37
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 7
- 251
- 7
- Trade Payables
- 9
- 16
- Total Liabilities
- 290
- 39
- Capital Work in Progress
- 5
- 77
- 82
- 0
- Cash & Bank
- 8
- 79
- Total Assets
- 290
- Total Debt
- 7
- Net Working Capital
- 160
- Contingent Liabilities
- 6
- Book Value per Share
- 39.29
- Face Value
- 1.00
- Total Debt
- 7
- Net Working Capital
- 160
- Contingent Liabilities
- 6
- Book Value per Share
- 39.29
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 7
- 275
- 45
- Trade Payables
- 12
- 17
- Total Liabilities
- 357
- 40
- Capital Work in Progress
- 7
- 154
- 93
- 0
- Cash & Bank
- 23
- 40
- Total Assets
- 357
- Total Debt
- 45
- Net Working Capital
- 167
- Contingent Liabilities
- 8
- Book Value per Share
- 43.01
- Face Value
- 1.00
- Total Debt
- 45
- Net Working Capital
- 167
- Contingent Liabilities
- 8
- Book Value per Share
- 43.01
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 7
- 302
- 183
- Trade Payables
- 9
- 46
- Total Liabilities
- 546
- 49
- Capital Work in Progress
- 32
- 234
- 135
- 26
- Cash & Bank
- 23
- 47
- Total Assets
- 546
- Total Debt
- 183
- Net Working Capital
- 134
- Contingent Liabilities
- 8
- Book Value per Share
- 47.15
- Face Value
- 1.00
- Total Debt
- 183
- Net Working Capital
- 134
- Contingent Liabilities
- 8
- Book Value per Share
- 47.15
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 7
- 300
- 204
- Trade Payables
- 20
- 15
- Total Liabilities
- 545
- 52
- Capital Work in Progress
- 93
- 152
- 133
- 38
- Cash & Bank
- 28
- 48
- Total Assets
- 545
- Total Debt
- 204
- Net Working Capital
- 122
- Contingent Liabilities
- 8
- Book Value per Share
- 46.72
- Face Value
- 1.00
- Total Debt
- 204
- Net Working Capital
- 122
- Contingent Liabilities
- 8
- Book Value per Share
- 46.72
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -5 | 10 | -15 | 101 | -6 | 34 | -2 | 29 | -49 | 13 | |
| Cash from Investing | -1 | -12 | -26 | -5 | -22 | -72 | 59 | -67 | -84 | -19 |
| Cash from Financing | 7 | -1 | 31 | -96 | 39 | 21 | -57 | 35 | 131 | 12 |
| 1 | -3 | -9 | 0 | 11 | -16 | 1 | -2 | -3 | 6 | |
| Free Cash Flow | -6 | 10 | -18 | 99 | -10 | 34 | -8 | 21 | -87 | -50 |
| OCF / Net Profit | -0.92 | 1.09 | -0.90 | 9.80 | -0.69 | 1.74 | -0.07 | 2.31 | -1.64 | 1.13 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 75 | 115 | 97 | 136 | -51 | -90 |
| OCF / Net Profit | -0.92 | 1.09 | -0.90 | 9.80 | -0.69 | 1.74 | -0.07 | 2.31 | -1.64 | 1.13 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 75 | 115 | 97 | 136 | -51 | -90 |
Mar 2016
- -5
- Cash from Investing
- -1
- Cash from Financing
- 7
- 1
- Free Cash Flow
- -6
- OCF / Net Profit
- -0.92
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.92
- Cumulative 5-Year FCF
- 0
Mar 2017
- 10
- Cash from Investing
- -12
- Cash from Financing
- -1
- -3
- Free Cash Flow
- 10
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.09
- Cumulative 5-Year FCF
- 0
Mar 2018
- -15
- Cash from Investing
- -26
- Cash from Financing
- 31
- -9
- Free Cash Flow
- -18
- OCF / Net Profit
- -0.90
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.90
- Cumulative 5-Year FCF
- 0
Mar 2019
- 101
- Cash from Investing
- -5
- Cash from Financing
- -96
- 0
- Free Cash Flow
- 99
- OCF / Net Profit
- 9.80
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 9.80
- Cumulative 5-Year FCF
- 0
Mar 2020
- -6
- Cash from Investing
- -22
- Cash from Financing
- 39
- 11
- Free Cash Flow
- -10
- OCF / Net Profit
- -0.69
- Cumulative 5-Year FCF
- 75
- OCF / Net Profit
- -0.69
- Cumulative 5-Year FCF
- 75
Mar 2021
- 34
- Cash from Investing
- -72
- Cash from Financing
- 21
- -16
- Free Cash Flow
- 34
- OCF / Net Profit
- 1.74
- Cumulative 5-Year FCF
- 115
- OCF / Net Profit
- 1.74
- Cumulative 5-Year FCF
- 115
Mar 2022
- -2
- Cash from Investing
- 59
- Cash from Financing
- -57
- 1
- Free Cash Flow
- -8
- OCF / Net Profit
- -0.07
- Cumulative 5-Year FCF
- 97
- OCF / Net Profit
- -0.07
- Cumulative 5-Year FCF
- 97
Mar 2023
- 29
- Cash from Investing
- -67
- Cash from Financing
- 35
- -2
- Free Cash Flow
- 21
- OCF / Net Profit
- 2.31
- Cumulative 5-Year FCF
- 136
- OCF / Net Profit
- 2.31
- Cumulative 5-Year FCF
- 136
Mar 2024
- -49
- Cash from Investing
- -84
- Cash from Financing
- 131
- -3
- Free Cash Flow
- -87
- OCF / Net Profit
- -1.64
- Cumulative 5-Year FCF
- -51
- OCF / Net Profit
- -1.64
- Cumulative 5-Year FCF
- -51
Mar 2025
- 13
- Cash from Investing
- -19
- Cash from Financing
- 12
- 6
- Free Cash Flow
- -50
- OCF / Net Profit
- 1.13
- Cumulative 5-Year FCF
- -90
- OCF / Net Profit
- 1.13
- Cumulative 5-Year FCF
- -90
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.76 | 1.39 | 2.54 | 1.57 | 1.33 | 3.00 | 4.51 | 1.93 | 4.61 | 1.79 |
| Book Value (₹) | 23.40 | 24.35 | 26.88 | 28.46 | 29.49 | 33.37 | 39.29 | 43.01 | 47.15 | 46.72 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 1.90 | 2.55 | 3.54 | 2.41 | 2.22 | 3.88 | 5.37 | 2.75 | 5.35 | 2.53 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 5.95% | 7.67% | 7.40% | 3.58% | 3.53% | 8.70% | 9.32% | 3.79% | 5.13% | 2.06% |
| Net Margin % | 1.64% | 2.64% | 3.33% | 1.50% | 1.78% | 5.07% | 5.86% | 1.97% | 4.78% | 2.00% |
| ROE % | 3.30% | 5.84% | 9.92% | 5.69% | 4.58% | 9.56% | 12.42% | 4.69% | 10.23% | 3.80% |
| ROCE % | 5.26% | 8.94% | 12.54% | 8.45% | 5.40% | 10.87% | 15.15% | 6.39% | 11.25% | 4.16% |
| 2.08% | 3.63% | 5.45% | 3.23% | 3.01% | 6.55% | 9.94% | 3.91% | 6.70% | 2.15% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 89 | 97 | 68 | 46 | 46 | 28 | 13 | 10 | 12 | 20 |
| Inventory Days | 66 | 52 | 63 | 52 | 60 | 78 | 58 | 50 | 66 | 84 |
| Payable Days | 37 | 28 | 41 | 47 | 57 | 36 | 9 | 7 | 7 | 10 |
| 118 | 121 | 90 | 51 | 49 | 70 | 63 | 52 | 71 | 93 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.35x | 0.36x | 0.53x | 0.00x | 0.21x | 0.29x | 0.03x | 0.16x | 0.59x | 0.67x |
| Interest Coverage (x) | 4.55x | 4.28x | 7.78x | 7.06x | 7.20x | 24.60x | 51.24x | 7.66x | 6.40x | 2.54x |
| 2.08x | 2.22x | 1.58x | 2.24x | 1.86x | 1.42x | 6.93x | 3.44x | 1.59x | 1.53x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -12.13% | 15.44% | 47.75% | 39.56% | -29.17% | -20.47% | 30.04% | 27.15% | -1.48% | -7.56% |
| Operating Profit Growth % | -18.77% | 47.41% | 39.21% | -33.24% | -30.33% | 96.22% | 39.33% | -48.34% | 97.87% | -46.56% |
| Net Profit Growth % | -39.14% | 83.60% | 82.23% | -38.06% | -15.65% | 126.22% | 50.16% | -57.21% | 138.93% | -61.28% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 138.93% | -61.28% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 12.80x | 24.63x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.25x | 0.94x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 11.37x | 18.04x |
Mar 2016
- EPS (₹)
- 0.76
- Book Value (₹)
- 23.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.90
- Operating Margin %
- 5.95%
- Net Margin %
- 1.64%
- ROE %
- 3.30%
- ROCE %
- 5.26%
- 2.08%
- Debtor Days
- 89
- Inventory Days
- 66
- Payable Days
- 37
- 118
- Debt to Equity (x)
- 0.35x
- Interest Coverage (x)
- 4.55x
- 2.08x
- Revenue Growth %
- -12.13%
- Operating Profit Growth %
- -18.77%
- Net Profit Growth %
- -39.14%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 1.39
- Book Value (₹)
- 24.35
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.55
- Operating Margin %
- 7.67%
- Net Margin %
- 2.64%
- ROE %
- 5.84%
- ROCE %
- 8.94%
- 3.63%
- Debtor Days
- 97
- Inventory Days
- 52
- Payable Days
- 28
- 121
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 4.28x
- 2.22x
- Revenue Growth %
- 15.44%
- Operating Profit Growth %
- 47.41%
- Net Profit Growth %
- 83.60%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 2.54
- Book Value (₹)
- 26.88
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.54
- Operating Margin %
- 7.40%
- Net Margin %
- 3.33%
- ROE %
- 9.92%
- ROCE %
- 12.54%
- 5.45%
- Debtor Days
- 68
- Inventory Days
- 63
- Payable Days
- 41
- 90
- Debt to Equity (x)
- 0.53x
- Interest Coverage (x)
- 7.78x
- 1.58x
- Revenue Growth %
- 47.75%
- Operating Profit Growth %
- 39.21%
- Net Profit Growth %
- 82.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 1.57
- Book Value (₹)
- 28.46
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.41
- Operating Margin %
- 3.58%
- Net Margin %
- 1.50%
- ROE %
- 5.69%
- ROCE %
- 8.45%
- 3.23%
- Debtor Days
- 46
- Inventory Days
- 52
- Payable Days
- 47
- 51
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 7.06x
- 2.24x
- Revenue Growth %
- 39.56%
- Operating Profit Growth %
- -33.24%
- Net Profit Growth %
- -38.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 1.33
- Book Value (₹)
- 29.49
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.22
- Operating Margin %
- 3.53%
- Net Margin %
- 1.78%
- ROE %
- 4.58%
- ROCE %
- 5.40%
- 3.01%
- Debtor Days
- 46
- Inventory Days
- 60
- Payable Days
- 57
- 49
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 7.20x
- 1.86x
- Revenue Growth %
- -29.17%
- Operating Profit Growth %
- -30.33%
- Net Profit Growth %
- -15.65%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 3.00
- Book Value (₹)
- 33.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.88
- Operating Margin %
- 8.70%
- Net Margin %
- 5.07%
- ROE %
- 9.56%
- ROCE %
- 10.87%
- 6.55%
- Debtor Days
- 28
- Inventory Days
- 78
- Payable Days
- 36
- 70
- Debt to Equity (x)
- 0.29x
- Interest Coverage (x)
- 24.60x
- 1.42x
- Revenue Growth %
- -20.47%
- Operating Profit Growth %
- 96.22%
- Net Profit Growth %
- 126.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 4.51
- Book Value (₹)
- 39.29
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.37
- Operating Margin %
- 9.32%
- Net Margin %
- 5.86%
- ROE %
- 12.42%
- ROCE %
- 15.15%
- 9.94%
- Debtor Days
- 13
- Inventory Days
- 58
- Payable Days
- 9
- 63
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 51.24x
- 6.93x
- Revenue Growth %
- 30.04%
- Operating Profit Growth %
- 39.33%
- Net Profit Growth %
- 50.16%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 1.93
- Book Value (₹)
- 43.01
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.75
- Operating Margin %
- 3.79%
- Net Margin %
- 1.97%
- ROE %
- 4.69%
- ROCE %
- 6.39%
- 3.91%
- Debtor Days
- 10
- Inventory Days
- 50
- Payable Days
- 7
- 52
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 7.66x
- 3.44x
- Revenue Growth %
- 27.15%
- Operating Profit Growth %
- -48.34%
- Net Profit Growth %
- -57.21%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 4.61
- Book Value (₹)
- 47.15
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 5.35
- Operating Margin %
- 5.13%
- Net Margin %
- 4.78%
- ROE %
- 10.23%
- ROCE %
- 11.25%
- 6.70%
- Debtor Days
- 12
- Inventory Days
- 66
- Payable Days
- 7
- 71
- Debt to Equity (x)
- 0.59x
- Interest Coverage (x)
- 6.40x
- 1.59x
- Revenue Growth %
- -1.48%
- Operating Profit Growth %
- 97.87%
- Net Profit Growth %
- 138.93%
- 138.93%
- P/E (x)
- 12.80x
- P/B (x)
- 1.25x
- Dividend Yield %
- 0.00%
- 11.37x
Mar 2025
- EPS (₹)
- 1.79
- Book Value (₹)
- 46.72
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.53
- Operating Margin %
- 2.06%
- Net Margin %
- 2.00%
- ROE %
- 3.80%
- ROCE %
- 4.16%
- 2.15%
- Debtor Days
- 20
- Inventory Days
- 84
- Payable Days
- 10
- 93
- Debt to Equity (x)
- 0.67x
- Interest Coverage (x)
- 2.54x
- 1.53x
- Revenue Growth %
- -7.56%
- Operating Profit Growth %
- -46.56%
- Net Profit Growth %
- -61.28%
- -61.28%
- P/E (x)
- 24.63x
- P/B (x)
- 0.94x
- Dividend Yield %
- 0.00%
- 18.04x
Documents
Announcements
- Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
2026-08-21 - Manaksia Steels Limited has informed the Exchange about updates on Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
- Copy of Newspaper Publication
2026-08-12 - Manaksia Steels Limited has informed the Exchange about Copy of Newspaper Publication of Un-audited Financial Results of the Company for the quarter ended 30th June, 2026
Annual Reports
Credit Ratings
- Credit Rating- Others
2026-08-08 - Manaksia Steels Limited has informed the Exchange about shifting of its credit rating agency from CARE Ratings Limited to ICRA Limited
- Credit Rating
2026-06-18 - Manaksia Steels Limited has informed the Exchange about Credit Rating
- Credit Rating
2026-05-21 - Manaksia Steels Limited has informed the Exchange about Credit Rating
Concalls
Nothing filed yet.