Manaksia

how big is Manaksia?

As of Jun 06, Manaksia Ltd has a market capitalization of 472.50 Cr, with recent net sales of 731.06 Cr and a net profit of 55.98 Cr over the last four quarters. Shareholder's funds are 550.35 Cr, and total assets amount to 721.71 Cr as of Mar'24.

Market Cap: Manaksia Ltd has a market capitalization of 472.50 Cr and is classified as a Micro Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Mar'25, Dec'24, Sep'24, and Jun'24, is 731.06 Cr. The sum of Net Profit for the same period is 55.98 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending Mar'24. Shareholder's Funds are reported at 550.35 Cr, and Total Assets amount to 721.71 Cr.

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 March 2025, it reported net sales of 269 Cr and a net profit of 12 Cr, with a market cap of Rs 479 Cr.

Overview: <BR>Manaksia Ltd is a micro-cap company operating in the Iron & Steel Products industry, focusing on the production of various metal and packaging products primarily in Nigeria.<BR><BR>History: <BR>Manaksia Ltd was originally incorporated as Hindusthan Seals Limited on December 27, 1984, and changed its name to Manaksia Limited on December 4, 2003. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>- Net Sales: 269 Cr (Quarterly Results - Mar 2025) <BR>- Net Profit: 12 Cr (Quarterly Results - Mar 2025) <BR>- Market Cap: Rs 479 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>- P/E: 8.00 <BR>- Industry P/E: 8 <BR>- Dividend Yield: 0.00% <BR>- Debt Equity: -0.57 <BR>- Return on Equity: 10.54% <BR>- Price to Book: 0.80 <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 in the management team of Manaksia?

As of March 2023, 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, featuring a mix of executive and independent non-executive directors along with a compliance officer.

As of March 2023, 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 / 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 & Compliance Officer<BR><BR>This team comprises a mix of executive and non-executive directors, along with a compliance officer.

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.

Who are the peers of the Manaksia?

Manaksia's peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Supershakti Met., Ahm. Steelcraft, D P Wires, Mangalam World, and Geekay Wires. APL Apollo Tubes shows excellent management and growth, while Manaksia has below-average growth and a 1-year return of -30.29%.

Peers: The peers of Manaksia are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Supershakti Met., Ahm. Steelcraft, D P Wires, Mangalam World, and Geekay Wires.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, and Ratnamani Metals. Average management risk is present at Jindal Saw, D P Wires, and Geekay Wires, while Below Average management risk is noted at Supershakti Met., Ahm. Steelcraft, and Mangalam World. Excellent growth is seen at APL Apollo Tubes and Ahm. Steelcraft, while Average growth is found at Shyam Metalics and Ratnamani Metals, and Below Average growth is noted at Welspun Corp, Jindal Saw, Manaksia, Supershakti Met., D P Wires, and Geekay Wires. Excellent capital structure is observed at APL Apollo Tubes, Shyam Metalics, Ratnamani Metals, Manaksia, Supershakti Met., and D P Wires, while Good capital structure is found at Welspun Corp, and Below Average capital structure is noted at Jindal Saw, Ahm. Steelcraft, Mangalam World, and Geekay Wires.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ahm. Steelcraft at 272.18%, while the peer with the lowest 1-year return is Jindal Saw at -22.93%. Manaksia's own 1-year return is -30.29%, which is lower than both of these peers. Additionally, the six-month return is negative for Ratnamani Metals, Jindal Saw, D P Wires, Supershakti Met., and Geekay Wires.

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.

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.

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.

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.

When is the next results date for Manaksia Ltd?

The next results date for Manaksia Ltd is January 30, 2026.

The next results date for Manaksia Ltd is scheduled for January 30, 2026.

Are Manaksia Ltd latest results good or bad?

Manaksia Ltd's latest results show a net profit increase of 32.48% quarter-on-quarter, but declining net sales and a significant drop in operating margin raise concerns about the sustainability of earnings. Overall, the results are mixed, indicating potential challenges ahead for the company.

The latest results for Manaksia Ltd present a mixed picture. On one hand, the company reported a net profit of ₹14.56 crores for Q3 FY26, which is a significant increase of 32.48% compared to the previous quarter and a 13.75% rise year-on-year. This aspect of the results is encouraging.<BR><BR>However, when delving deeper, there are several concerning trends. Net sales decreased by 3.14% quarter-on-quarter to ₹184.02 crores, and there was a year-on-year decline of 2.06%. This drop in sales is troubling, especially as it marks a significant decline from the average sales over the previous four quarters. Additionally, the operating margin, excluding other income, fell to 3.73%, the lowest in recent quarters, down from 8.87% a year ago. This indicates that the company is facing challenges in maintaining profitability from its core operations.<BR><BR>A critical concern is the heavy reliance on other income, which accounted for 82.20% of profit before tax. This raises questions about the sustainability of the company's earnings, as the core operational profit was only ₹3.69 crores. <BR><BR>Overall, while the profit figure may seem positive at first glance, the underlying operational weaknesses and declining sales suggest that the results are not entirely good. Investors should be cautious and monitor the company's performance closely in the upcoming quarters.

Should I buy, sell or hold Manaksia Ltd?

Why is Manaksia Ltd falling/rising?

As of 11-Mar, Manaksia Ltd's stock price is currently at 56.04, reflecting a short-term rise but facing longer-term declines of 12.89% year-to-date and 13.41% over the past year. Despite a recent uptick, the stock is trading below its moving averages and has seen decreased investor participation, indicating ongoing challenges.

As of 11-Mar, Manaksia Ltd's stock price is rising, currently at 56.04, with a change of 0.48 (0.86%) upward. This increase follows a trend where the stock has gained for the last two days, resulting in a total return of 1.89% during this period. Despite this recent uptick, the stock has been underperforming over longer time frames, with a year-to-date decline of 12.89% and a one-year decline of 13.41%. <BR><BR>Additionally, the stock is currently trading 3.91% above its 52-week low of Rs 53.85, indicating some resilience. However, it is important to note that Manaksia Ltd is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish trend. <BR><BR>Investor participation has also decreased, with delivery volume falling by 37.98% compared to the 5-day average, which may indicate waning interest among investors. Overall, while the stock is experiencing a short-term rise, the broader context shows significant challenges and a lack of sustained investor engagement.

Why is Manaksia Ltd falling/rising?

As of 12-Mar, Manaksia Ltd's stock price is Rs 56.20, down 0.12%, and has underperformed over various time frames, including a year-to-date decline of 12.64%. Despite increased investor participation, the stock remains in a bearish trend, close to its 52-week low.

As of 12-Mar, Manaksia Ltd's stock price is falling, currently at Rs 56.20, reflecting a decrease of Rs 0.07 or 0.12%. This decline is part of a broader trend, as the stock has underperformed in various time frames, including a 1-week drop of 1.83% and a 1-month decline of 12.26%. Year-to-date, the stock has decreased by 12.64%, while over the past year, it has fallen by 10.81%, contrasting sharply with the Sensex, which has gained 2.71% during the same period.<BR><BR>Today's performance indicates that the stock is close to its 52-week low, being only 4.18% above the low of Rs 53.85. Additionally, the stock has recently experienced a trend reversal, having fallen after two consecutive days of gains. Although there has been a rise in investor participation, with delivery volume increasing by 98.35% against the 5-day average, this has not translated into a positive price movement. The stock's moving averages show that it is higher than the 5-day average but lower than the 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall.

Which are the latest news on Manaksia?