Manas Properties

How has been the historical performance of the Manas Properties?

Manas Properties has shown steady growth, with total assets increasing from Rs 49.86 crore in March 2019 to Rs 110.44 crore in March 2024, and shareholder's funds rising from Rs 20.74 crore to Rs 83.29 crore in the same period. The company also reported improved cash flow, with a net inflow of Rs 24 crore in March 2024, reflecting strong financial performance.

Answer:<BR>The historical performance of Manas Properties shows a steady growth in shareholder's funds and total assets over the years, with significant improvements in cash flow and reserves.<BR><BR>Breakdown:<BR>Manas Properties has demonstrated a consistent increase in total assets, rising from Rs 49.86 crore in March 2019 to Rs 110.44 crore in March 2024. Shareholder's funds also grew significantly, from Rs 20.74 crore in March 2019 to Rs 83.29 crore in March 2024, indicating a strong financial position. The total reserves have shown a remarkable increase, from Rs 16.58 crore in March 2019 to Rs 79.13 crore in March 2024. In terms of cash flow, the company reported a net cash inflow of Rs 24 crore in March 2024, up from Rs 17 crore in March 2023, reflecting improved operational efficiency. Profit before tax was Rs 29 crore in March 2024, slightly down from Rs 30 crore in the previous year, but a significant increase from previous years where it was Rs 0 in March 2022 and Rs 17 crore in March 2020. Overall, the financial metrics indicate a positive trend in the company's performance over the years.

Who are the top shareholders of the Manas Properties?

The top shareholders of Manas Properties are Vijay Thakordas Thakkar with 68.5%, and public shareholder Dimple Kamal Dalia with 5.05%. Individual investors own 16.67% of the shares, with no mutual funds or foreign institutional investors involved.

The top shareholders of Manas Properties include Vijay Thakordas Thakkar, who holds the largest stake at 68.5%. The highest public shareholder is Dimple Kamal Dalia, with a holding of 5.05%. Additionally, individual investors collectively hold 16.67% of the company's shares. There are no mutual funds or foreign institutional investors currently holding shares in the company.

how big is Manas Properties?

As of Feb 02, Manas Properties Ltd has a market capitalization of 162.00 Cr, classifying it as a Micro Cap company. There is no available financial data for the latest four quarters, but as of March 2024, shareholder's funds are valued at 83.29 Cr, with total assets of 110.44 Cr.

Market Cap: As of Feb 02, Manas Properties Ltd has a market capitalization of 162.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid Consolidated or Standalone financial data available for the latest four quarters, including figures for Net Sales and Net Profit.<BR><BR>Balance Sheet Snapshot: The data provided is Standalone and pertains to the reporting period of March 2024. Shareholder's Funds are valued at 83.29 Cr, and Total Assets amount to 110.44 Cr.

What does Manas Properties do?

Manas Properties Ltd is a micro-cap company involved in construction, redevelopment, and leasing of properties. It was incorporated in 2004 and became public in 2017, with a market cap of Rs 162 Cr.

Overview: <BR>Manas Properties Ltd is engaged in the business of construction, redevelopment, and leasing of properties within the realty industry, classified as a micro-cap company.<BR><BR>History: <BR>Manas Properties Ltd was incorporated as Manas Properties Private Limited on November 02, 2004, and later converted into a public company on January 05, 2017. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: Rs 162 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 6.00 <BR>Industry P/E: 24 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.42 <BR>Return on Equity: 42.29% <BR>Price to Book: 2.73<BR><BR>Contact Details: <BR>Address: 10th Floor Dev Plaza, S V Road Andheri (West) Mumbai Maharashtra : 400058 <BR>Tel: 91-22-40383838 <BR>Email: devconstruction@gmail.com <BR>Website: http://www.manasproperties.co.in

Who are in the management team of Manas Properties?

As of March 2022, the management team of Manas Properties includes Chairman Vijay T Thakkar, Managing Director & CEO Dev Vijay Thakkar, Directors Tanam Vijay Thakkar and Madhuriben Thakordas Thakkar, and Independent Directors Sony Keishing and Shailesh Kumar Madan Lai Vora. Only Dev Vijay Thakkar receives remuneration, totaling Rs. 60.0 lacs.

As of March 2022, the management team of Manas Properties includes the following individuals:<BR><BR>1. Vijay T Thakkar - Chairman (Non-Executive)<BR>2. Dev Vijay Thakkar - Managing Director & CEO<BR>3. Tanam Vijay Thakkar - Director<BR>4. Madhuriben Thakordas Thakkar - Director<BR>5. Sony Keishing - Independent Director<BR>6. Shailesh Kumar Madan Lai Vora - Independent Director<BR><BR>Dev Vijay Thakkar is the only member of the management team who receives remuneration, amounting to Rs. 60.0 lacs.

Has Manas Properties declared dividend?

No Dividend History Available

Who are the peers of the Manas Properties?

No Peers Information Available

Is Manas Properties overvalued or undervalued?

As of March 17, 2020, Manas Properties is considered risky but undervalued with a PE Ratio of 6.48, a Price to Book Value of 2.74, and a high ROE of 42.29%, especially when compared to peers like DLF Ltd. and Godrej Properties, despite concerns indicated by negative EV ratios and underperformance relative to the Sensex over the past five years.

As of 17 March 2020, the valuation grade for Manas Properties has moved from does not qualify to risky. Based on the analysis, the company is currently considered undervalued. Key ratios include a PE Ratio of 6.48, a Price to Book Value of 2.74, and a ROE of 42.29%. <BR><BR>In comparison to peers, DLF Ltd. has a significantly higher PE Ratio of 46.64, while Godrej Properties Ltd. is also marked as risky with a PE of 53.1. The negative EV to EBIT and EV to EBITDA ratios of -32.72 indicate potential concerns, but the low PEG Ratio of 0.00 suggests that the stock may be undervalued relative to its growth prospects. Notably, over the past five years, Manas Properties has underperformed compared to the Sensex, which may further support the valuation narrative.

What is the technical trend for Manas Properties?

As of February 9, 2024, the stock's price is stagnant at 390.00, showing no movement or returns, resulting in a neutral technical stance with no clear bullish or bearish indicators.

As of 9 February 2024, the technical trend has changed from mildly bullish to does not qualify. The current price is stagnant at 390.00, with no movement in the daily high or low, and the stock has not shown any returns over the past week, month, or year. Given these conditions, the technical stance is neutral, lacking sufficient indicators to determine a bullish or bearish sentiment.

When is the next results date for Manas Properties Ltd?

The next results date for Manas Properties Ltd is 27 May 2026.

The next results date for Manas Properties Ltd is scheduled for 27 May 2026.

Why is Manas Properties Ltd falling/rising?

As of 02-Jun, the stock price of Manas Properties Ltd is stable at 390.00 with no change, but it has underperformed compared to the sector and shown erratic trading patterns. Despite reaching a new 52-week high, the stock's lack of movement and mixed performance trends indicate it is maintaining its position rather than rising.

As of 02-Jun, the stock price of Manas Properties Ltd is currently stable at 390.00, showing no change (0.00%). Despite this stability, the stock has underperformed compared to the sector, with a performance today that is down by 0.58%. Over the past week, month, and year, the stock has not experienced any price movement, remaining at a 0.00% change, while the benchmark Sensex has declined by 1.79% over the week and 2.94% over the month. <BR><BR>The stock has also shown erratic trading patterns, not trading on 4 out of the last 20 days, which may contribute to its lack of price movement. However, it is noteworthy that the stock has reached a new 52-week high of Rs. 390 today. Additionally, while the stock is trading higher than its 5-day moving averages, it is lower than its 20-day, 50-day, 100-day, and 200-day moving averages, indicating mixed performance trends.<BR><BR>Investor participation appears to be rising, with delivery volume on January 1st showing no change against the 5-day average. The liquidity of the stock is also sufficient for trading, as it is based on 2% of the 5-day average traded value. Overall, while the stock price is currently stable, the lack of movement and underperformance against the sector suggests that it is not experiencing a rise, but rather maintaining its position amidst broader market trends.

Which are the latest news on Manas Properties?