Manaksia

Which are the latest news on Manaksia?

Why is Manaksia Ltd falling/rising?

As of 05-Sep, Manaksia Ltd's stock price is rising to 63.19, reflecting a 6.81% increase. This rise is driven by strong performance against the Sensex, positive trading trends, and increased investor interest.

As of 05-Sep, Manaksia Ltd's stock price is rising, currently at 63.19, which reflects a change of 4.03 or 6.81% increase. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 8.57% while the Sensex declined by 0.97%. In the last month, the stock has also shown a strong performance with a 12.28% increase compared to a 2.44% drop in the Sensex.<BR><BR>Additionally, the stock has been on a positive trajectory, gaining for three consecutive days and achieving a total return of 10.5% during this period. On the day of the report, the stock reached an intraday high of Rs 63.86, marking a 7.94% increase. The trading volume has also seen a rise, with delivery volume increasing by 28.46% against the 5-day average, indicating growing investor interest.<BR><BR>Moreover, Manaksia Ltd is trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bullish trend. Overall, these factors contribute to the stock's rising price, reflecting positive market sentiment and investor participation.

Who are in the management team of Manaksia?

The management team of Manaksia includes K K Chaudhuri, Suresh Kumar Agrawal, Vineet Agarwal, Ramesh Kumar Maheshwari, Biswanath Bhattacharjee, Nidhi Baheti, Varun Agrawal, and Varsha Bansal, who collectively guide the company's strategic direction and ensure regulatory compliance.

The management team of Manaksia includes the following individuals:<BR><BR>1. **K K Chaudhuri** - Independent Non-Executive Director<BR>2. **Suresh Kumar Agrawal** - Executive Director, Managing Director, and Promoter<BR>3. **Vineet Agarwal** - Non-Executive Director<BR>4. **Ramesh Kumar Maheshwari** - Independent Non-Executive Director<BR>5. **Biswanath Bhattacharjee** - Independent Non-Executive Director<BR>6. **Nidhi Baheti** - Independent Non-Executive Director<BR>7. **Varun Agrawal** - Non-Executive Director<BR>8. **Varsha Bansal** - Company Secretary and Compliance Officer<BR><BR>This team plays a crucial role in guiding the company's strategic direction and ensuring compliance with regulatory requirements.

What does Manaksia do?

Manaksia Ltd is a micro-cap company in the Iron & Steel Products industry, primarily producing metal and packaging products in Nigeria. As of June 2026, it reported net sales of 223 Cr and a net profit of 26 Cr, with a market cap of INR 376 Cr.

Overview:<BR>Manaksia Ltd is a micro-cap company operating in the Iron & Steel Products industry, focused on producing various metal and packaging products primarily in Nigeria.<BR><BR>History:<BR>Manaksia Ltd was incorporated as 'Hindusthan Seals Limited' in 1984 and changed its name to 'Manaksia Limited' in 2003. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 223 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 26 Cr (Quarterly Results - Jun 2026)<BR>- Market-cap: INR 376 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 6.00<BR>- Industry P/E: 12<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.53<BR>- Return on Equity: 7.24%<BR>- Price to Book: 0.53<BR><BR>Contact Details:<BR>Address: Turner Morrison Building, 6 Lyons Range Mezzanine Floor Kolkata West Bengal : 700001<BR>Tel: 91-033-22310050<BR>Email: investor.relations@manaksia.com<BR>Website: http://www.manaksia.com

Who are the peers of the Manaksia?

Manaksia's peers include Aerpace Indus, Panchmahal Steel, Azad India, Suraj, Shah Metacorp, Bedmutha Indus., Suraj Products, Supershakti Met., and P S Raj Steels. Management risk varies from below average to average, with Manaksia showing excellent capital structure and a 1-year return of -16.81%.

Peers: The peers of Manaksia are Aerpace Indus, Panchmahal Steel, Azad India, Suraj, Shah Metacorp, Bedmutha Indus., Suraj Products, Supershakti Met., and P S Raj Steels.<BR><BR>Quality Snapshot: Below Average management risk is observed at Aerpace Indus, Azad India, Shah Metacorp, Bedmutha Indus., and Chaman Metallics, while Average management risk is found at Panchmahal Steel, Suraj, Manaksia, Supershakti Met., and P S Raj Steels. Excellent growth is noted at Azad India, while Good growth is seen at Bedmutha Indus. and Suraj Products, Average growth is present at Panchmahal Steel, Shah Metacorp, and Suraj, and the rest have Below Average growth. Excellent capital structure is exhibited by Manaksia, Suraj Products, Supershakti Met., and P S Raj Steels, while Good capital structure is noted at Azad India, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: Aerpace Indus has the highest 1-year return at 73.77%, while Azad India has the lowest at -32.30%. Manaksia's 1-year return of -16.81% is worse than the highest but better than the lowest. Additionally, the six-month returns are negative for Panchmahal Steel, Suraj, Shah Metacorp, Bedmutha Indus., and Chaman Metallics.

How big is Manaksia?

As of 31st August, Manaksia Ltd has a market capitalization of 376.00 Cr, with recent Net Sales of 833.45 Cr and a Net Profit of 62.84 Cr. Shareholder's Funds are 572.21 Cr and Total Assets amount to 713.64 Cr as of March 2025.

As of 31st August, Manaksia Ltd has a market capitalization of 376.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Manaksia reported Net Sales of 833.45 Cr and a Net Profit of 62.84 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 572.21 Cr and Total Assets of 713.64 Cr.

Should I buy, sell or hold Manaksia Ltd?

Are Manaksia Ltd latest results good or bad?

Manaksia Ltd's latest results are mixed; while net sales grew 28.62% QoQ, net profit declined 19.09% QoQ, raising concerns about profitability sustainability despite improved operational efficiency. Overall, the results indicate challenges in translating revenue growth into consistent profits.

Manaksia Ltd's latest results present a mixed picture. In Q4 FY26, the company reported a consolidated net profit of ₹11.78 crore, which reflects a 19.09% decline quarter-on-quarter (QoQ), although it shows a slight improvement of 2.35% year-on-year (YoY). On the revenue side, net sales reached ₹236.68 crore, marking a significant sequential growth of 28.62% QoQ, but a decline of 11.87% YoY.<BR><BR>The operating margin improved to 7.38%, a notable increase from the previous quarter, indicating better operational efficiency. However, the profit after tax (PAT) margin decreased to 5.28%, down 262 basis points QoQ, which raises concerns about profitability sustainability.<BR><BR>Overall, while there are positive signs in terms of revenue recovery and operational improvements, the decline in net profit and the challenges in maintaining profitability suggest that the results are not entirely favorable. The company continues to face structural challenges, particularly in translating top-line growth into sustainable bottom-line performance.

When is the next results date for Manaksia Ltd?

The next results date for Manaksia Ltd is 29 May 2026.

The next results date for Manaksia Ltd is scheduled for 29 May 2026.

How has been the historical performance of Manaksia?

Manaksia has experienced a significant decline in financial performance, with net sales dropping from 1,165.45 Cr in Mar'23 to 731.05 Cr in Mar'25, and profits decreasing across all key metrics, including profit after tax falling from 107.79 Cr to 58.12 Cr. Earnings per share also declined from 16.29 to 8.54, indicating a challenging period for the company.

Answer:<BR>The historical performance of Manaksia shows a declining trend in net sales and profits over the past few years, with net sales decreasing from 1,165.45 Cr in Mar'23 to 731.05 Cr in Mar'25. The total operating income followed a similar pattern, dropping from 1,165.45 Cr in Mar'23 to 731.05 Cr in Mar'25. The operating profit (PBDIT) also saw a significant decline, falling from 223.50 Cr in Mar'23 to 108.48 Cr in Mar'25. Profit before tax decreased from 187.35 Cr in Mar'23 to 84.79 Cr in Mar'25, while profit after tax dropped from 107.79 Cr to 58.12 Cr in the same period. The company's earnings per share (EPS) decreased from 16.29 in Mar'23 to 8.54 in Mar'25, reflecting the overall decline in profitability.<BR><BR>Breakdown:<BR>Manaksia's financial performance has been characterized by a notable decline in key metrics over the years. Net sales decreased from 1,165.45 Cr in Mar'23 to 731.05 Cr in Mar'25, while total operating income mirrored this trend, falling to 731.05 Cr from 1,165.45 Cr. The operating profit (PBDIT) also experienced a significant drop, declining from 223.50 Cr to 108.48 Cr in the same timeframe. Profit before tax and profit after tax followed suit, with figures decreasing from 187.35 Cr to 84.79 Cr and from 107.79 Cr to 58.12 Cr, respectively. This decline is further reflected in the earnings per share, which fell from 16.29 to 8.54. Overall, Manaksia's financial results indicate a challenging period with decreasing revenues and profits.

Is Manaksia overvalued or undervalued?

As of November 7, 2025, Manaksia is fairly valued with a PE ratio of 7.70 and an EV to EBITDA of 2.12, but its stock has underperformed the Sensex with a year-to-date return of -21.19%, indicating a cautious outlook compared to its peers.

As of 7 November 2025, the valuation grade for Manaksia has moved from attractive to fair, indicating a shift in its perceived value. The company is currently fairly valued, with a PE ratio of 7.70, an EV to EBITDA of 2.12, and a ROCE of 19.55%. In comparison to its peers, Hindalco Industries is rated attractive with a PE of 10.26, while National Aluminium is also attractive with a PE of 7.52, suggesting that Manaksia's valuation is competitive but not particularly compelling.<BR><BR>The company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -21.19% compared to the Sensex's 6.50%, highlighting potential concerns regarding its market position. Given the current ratios and peer comparisons, Manaksia appears to be fairly valued, reflecting a cautious outlook amidst a challenging market environment.

Is Manaksia technically bullish or bearish?

As of July 24, 2025, Manaksia's technical trend is neutral with mixed indicators, showing a mildly bullish weekly MACD and OBV, but a bearish monthly MACD and moving averages, indicating a lack of strong directional momentum.

As of 24 July 2025, the technical trend for Manaksia has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed indicators across different time frames. The weekly MACD is mildly bullish, while the monthly MACD remains bearish. The weekly Bollinger Bands indicate a bullish sentiment, but the monthly view is mildly bearish. Moving averages on the daily chart show a mildly bearish trend. The KST is bullish on the weekly but bearish on the monthly, and both weekly and monthly Dow Theory readings are mildly bullish. The OBV is bullish across both time frames. Overall, the mixed signals suggest a lack of strong directional momentum at this time.

Who are the top shareholders of the Manaksia?

The top shareholders of Manaksia include promoter Varun Agrawal with 18.88%, individual investors with 18.05%, and Thermo Capital Private Limited holding 1.13%. There are also 14 foreign institutional investors with a combined 0.95%, but no mutual funds currently hold shares.

The top shareholders of Manaksia include the promoters, who hold the majority of the shares. Varun Agrawal is the promoter with the highest holding at 18.88%. Additionally, individual investors collectively hold 18.05% of the shares. Among public shareholders, Thermo Capital Private Limited stands out with a holding of 1.13%. The company also has 14 foreign institutional investors (FIIs) that hold a combined 0.95% of the shares. There are no mutual funds currently holding shares in Manaksia.

Has Manaksia declared dividend?

Yes, Manaksia Ltd has declared a 150% dividend, amounting to ₹3 per share, with an ex-date of September 14, 2023. However, the dividend yield is 0%, and total returns over various periods have shown mixed performance, with negative returns in the short term but positive returns over the long term.

Manaksia Ltd has declared a 150% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 150%<BR>- Amount per share: 3<BR>- Ex-date: 14 Sep 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the last 6 months, the price return was -22.07%, the dividend return was 0%, resulting in a total return of -22.07%.<BR><BR>In the past year, the price return was -28.18%, with a dividend return of 0%, leading to a total return of -28.18%.<BR><BR>Over the last 2 years, the price return was -58.59% and the dividend return was 1.69%, resulting in a total return of -56.9%.<BR><BR>In the 3-year period, the price return was -15.64%, the dividend return was 8.22%, culminating in a total return of -7.42%.<BR><BR>For the 4-year period, the price return was 16.62%, the dividend return was 13.98%, which resulted in a total return of 30.6%.<BR><BR>Over the last 5 years, the price return was 110.29%, with a dividend return of 25.79%, leading to a total return of 136.08%.<BR><BR>Overall, while Manaksia has declared a significant dividend, the total returns over various periods show a mixed performance, with negative returns in the shorter terms but positive returns over the longer term. The dividend yield remains at 0%, indicating that the dividend has not contributed to returns recently.