Manaksia Aluminium Company Experiences Quality Grade Change Amidst Strong Operational Performance

Manaksia Aluminium Company, operating within the Non-Ferrous Metals sector, has recently undergone an evaluation revision that reflects its current financial standing. The company has demonstrated notable sales growth over the past five years, achieving a rate of 12.60%. Additionally, its EBIT growth during the same period stands at 19.03%, indicating a solid operational performance.
In terms of financial health, Manaksia's EBIT to interest ratio averages at 1.34, while its debt to EBITDA ratio is recorded at 5.65. The net debt to equity ratio is 1.13, suggesting a moderate leverage position. The company also maintains a sales to capital employed ratio of 1.47, which is a positive indicator of efficiency in utilizing its capital.

Despite a recent decline in stock price, which closed at 30.35, the company has shown resilience over longer periods, particularly with a remarkable 278.43% return over the past five years. When compared to its peers, Manaksia's performance metrics align closely with several companies in the sector, with some peers achieving higher quality indicators. This context highlights the competitive landscape within the Non-Ferrous Metals industry, where Manaksia continues to navigate its market position.