Manaksia Coated

  • Market Cap: Small Cap
  • Industry: Iron & Steel Products
  • ISIN: INE830Q01018
  • NSEID: MANAKCOAT
  • BSEID: 539046
INR
115.15
-8.4 (-6.8%)
BSENSE

Feb 02

BSE+NSE Vol: 3.24 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Comparison

Company
Score
Quality
Valuation
Financial
Technical
Ratnaveer Precis
Aeroflex
Manaksia Coated
Venus Pipes
Mahamaya Steel
Bharat Wire
Rhetan TMT Ltd
Hi-Tech Pipes
Hariom Pipe
Rama Steel Tubes
MSP Steel & Pow.

Why is Manaksia Coated Metals & Industries Ltd ?

1
Healthy long term growth as Operating profit has grown by an annual rate 31.94%
2
With a growth in Operating Profit of 2.9%, the company declared Very Positive results in Sep 25
  • The company has declared positive results for the last 2 consecutive quarters
  • PAT(Latest six months) At Rs 27.97 cr has Grown at 531.30%
  • OPERATING CF(Y) Highest at Rs 29.98 Cr
  • OPERATING PROFIT TO INTEREST(Q) Highest at 3.16 times
3
With ROCE of 17.5, it has a Fair valuation with a 3.4 Enterprise value to Capital Employed
  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 10.19%, its profits have risen by 180.7% ; the PEG ratio of the company is 0.4
4
Rising Promoter Confidence
  • Promoters have increased their stake in the company by 1.91% over the previous quarter and currently hold 57.46% of the company
  • Promoters increasing their stake is a sign of high confidence in the future of the business
5
Consistent Returns over the last 3 years
  • Along with generating 10.19% returns in the last 1 year, the stock has outperformed BSE500 in each of the last 3 annual periods
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Manaksia Coated should be less than 10%
  2. Overall Portfolio exposure to Iron & Steel Products should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Iron & Steel Products)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Manaksia Coated for you?

High Risk, Medium Return

Absolute
Risk Adjusted
Volatility
Manaksia Coated
10.19%
0.20
51.66%
Sensex
5.37%
0.47
11.36%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
23.27%
EBIT Growth (5y)
31.94%
EBIT to Interest (avg)
1.36
Debt to EBITDA (avg)
4.08
Net Debt to Equity (avg)
0.22
Sales to Capital Employed (avg)
2.17
Tax Ratio
25.69%
Dividend Payout Ratio
2.58%
Pledged Shares
0
Institutional Holding
2.09%
ROCE (avg)
11.51%
ROE (avg)
7.61%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
34
Industry P/E
24
Price to Book Value
3.90
EV to EBIT
19.31
EV to EBITDA
17.18
EV to Capital Employed
3.38
EV to Sales
1.56
PEG Ratio
0.35
Dividend Yield
0.04%
ROCE (Latest)
17.49%
ROE (Latest)
11.34%
Loading Valuation Snapshot...
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

31What is working for the Company
PAT(Latest six months)

At Rs 27.97 cr has Grown at 531.30%

OPERATING CF(Y)

Highest at Rs 29.98 Cr

OPERATING PROFIT TO INTEREST(Q)

Highest at 3.16 times

NET SALES(Latest six months)

At Rs 470.13 cr has Grown at 27.51%

PBDIT(Q)

Highest at Rs 26.10 cr.

OPERATING PROFIT TO NET SALES(Q)

Highest at 11.85%

PBT LESS OI(Q)

Highest at Rs 15.67 cr.

CASH AND CASH EQUIVALENTS(HY)

Highest at Rs 302.40 cr

-2What is not working for the Company
DEBTORS TURNOVER RATIO(HY)

Lowest at 0.99 times

Loading Valuation Snapshot...

Here's what is working for Manaksia Coated

Profit After Tax (PAT) - Latest six months
At Rs 27.97 cr has Grown at 531.30%
Year on Year (YoY)
MOJO Watch
PAT trend is very positive

PAT (Rs Cr)

Operating Profit to Interest - Quarterly
Highest at 3.16 times and Grown
each quarter in the last five quarters
MOJO Watch
The company's ability to manage interest payments is improving

Operating Profit to Interest

Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 15.67 cr has Grown at 166.8% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 5.87 Cr
MOJO Watch
Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Operating Cash Flow - Annually
Highest at Rs 29.98 Cr and Grown
each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (Rs Cr)

Operating Profit (PBDIT) - Quarterly
Highest at Rs 26.10 cr. and Grown
each quarter in the last five quarters
MOJO Watch
Near term Operating Profit trend is quite positive

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly
Highest at 11.85% and Grown
each quarter in the last five quarters
MOJO Watch
Company's efficiency has improved

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 15.67 cr. and Grown
each quarter in the last five quarters
MOJO Watch
Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Net Sales - Latest six months
At Rs 470.13 cr has Grown at 27.51%
Year on Year (YoY)
MOJO Watch
Near term sales trend is positive

Net Sales (Rs Cr)

Profit After Tax (PAT) - Latest six months
Higher at Rs 27.97 cr
than preceding 12 month period ended Sep 2025 of Rs 14.47 cr
MOJO Watch
In the half year the company has already crossed PAT of the previous twelve months

PAT (Rs Cr)

Cash and Cash Equivalents - Half Yearly
Highest at Rs 302.40 cr
in the last six half yearly periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Here's what is not working for Manaksia Coated

Debtors Turnover Ratio- Half Yearly
Lowest at 0.99 times
in the last five half yearly periods
MOJO Watch
Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio