Reported Earnings • May 23
Full year 2026 earnings released: EPS: ₹6.09 (vs ₹1.49 in FY 2025) Full year 2026 results: EPS: ₹6.09 (up from ₹1.49 in FY 2025). Revenue: ₹11.4b (up 79% from FY 2025). Net income: ₹399.2m (up 309% from FY 2025). Profit margin: 3.5% (up from 1.5% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 16
Manaksia Steels Limited to Report Q4, 2026 Results on May 22, 2026 Manaksia Steels Limited announced that they will report Q4, 2026 results on May 22, 2026 Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹80.24, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 102% over the past three years. New Risk • Apr 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹4.46b market cap, or US$47.8m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹55.87, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 52% over the past three years. Reported Earnings • Feb 01
Third quarter 2026 earnings released: EPS: ₹1.47 (vs ₹0.35 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.47 (up from ₹0.35 in 3Q 2025). Revenue: ₹3.21b (up 100% from 3Q 2025). Net income: ₹96.1m (up 314% from 3Q 2025). Profit margin: 3.0% (up from 1.4% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Jan 22
Manaksia Steels Limited to Report Q3, 2026 Results on Jan 31, 2026 Manaksia Steels Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Jan 31, 2026 New Risk • Jan 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹4.31b market cap, or US$47.8m). Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹70.48, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 22x in the Metals and Mining industry in India. Total returns to shareholders of 106% over the past three years. Reported Earnings • Nov 18
Second quarter 2026 earnings released: EPS: ₹0.69 (vs ₹0.17 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.69 (up from ₹0.17 in 2Q 2025). Revenue: ₹2.63b (up 152% from 2Q 2025). Net income: ₹45.0m (up 311% from 2Q 2025). Profit margin: 1.7% (up from 1.0% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Announcement • Nov 08
Manaksia Steels Limited to Report Q2, 2026 Results on Nov 13, 2025 Manaksia Steels Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Announcement • Jul 30
Manaksia Steels Limited, Annual General Meeting, Sep 23, 2025 Manaksia Steels Limited, Annual General Meeting, Sep 23, 2025, at 15:00 Indian Standard Time. Reported Earnings • Jul 30
First quarter 2026 earnings released: EPS: ₹0.99 (vs ₹0.25 in 1Q 2025) First quarter 2026 results: EPS: ₹0.99 (up from ₹0.25 in 1Q 2025). Revenue: ₹2.20b (up 33% from 1Q 2025). Net income: ₹64.9m (up 298% from 1Q 2025). Profit margin: 2.9% (up from 1.0% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Announcement • Jul 22
Manaksia Steels Limited to Report Q1, 2026 Results on Jul 29, 2025 Manaksia Steels Limited announced that they will report Q1, 2026 results on Jul 29, 2025 Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹1.49 (vs ₹4.33 in FY 2024) Full year 2025 results: EPS: ₹1.49 (down from ₹4.33 in FY 2024). Revenue: ₹6.47b (down 5.0% from FY 2024). Net income: ₹97.5m (down 66% from FY 2024). Profit margin: 1.5% (down from 4.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • May 21
Manaksia Steels Limited to Report Q4, 2025 Results on May 28, 2025 Manaksia Steels Limited announced that they will report Q4, 2025 results on May 28, 2025 Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹60.43, the stock trades at a trailing P/E ratio of 41.3x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 31% over the past three years. New Risk • Apr 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (₹3.24b market cap, or US$37.9m). Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹54.63, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 22% over the past three years. Reported Earnings • Feb 16
Third quarter 2025 earnings released: EPS: ₹0.35 (vs ₹0.73 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.35 (down from ₹0.73 in 3Q 2024). Revenue: ₹1.60b (up 20% from 3Q 2024). Net income: ₹23.2m (down 52% from 3Q 2024). Profit margin: 1.4% (down from 3.6% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Feb 05
Manaksia Steels Limited to Report Q3, 2025 Results on Feb 12, 2025 Manaksia Steels Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Reported Earnings • Nov 09
Second quarter 2025 earnings released: EPS: ₹0.17 (vs ₹1.36 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.17 (down from ₹1.36 in 2Q 2024). Revenue: ₹1.12b (down 33% from 2Q 2024). Net income: ₹10.9m (down 88% from 2Q 2024). Profit margin: 1.0% (down from 5.4% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Announcement • Nov 01
Manaksia Steels Limited to Report Q2, 2025 Results on Nov 08, 2024 Manaksia Steels Limited announced that they will report Q2, 2025 results on Nov 08, 2024 Announcement • Sep 20
Manaksia Steels Limited Appoints Biswanath Bhattacharjee as Independent Director Manaksia Steels Limited at its Annual General Meeting held on September 18, 2024, approved appointment of Mr. Biswanath Bhattacharjee as an independent director. Announcement • Sep 18
Manaksia Steels Limited Announces Cessation of Kali Kumar Chaudhuri as Non-Executive Independent Director: Manaksia Steels Limited announced that Dr. Kali Kumar Chaudhuri has completed his second and final term as Independent Director and consequently ceased to be Director of the Company with the effect the conclusion of 23 Annual General Meeting of the Company held on 18 September, 2024 (the AGM). Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹63.30, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 27x in the Metals and Mining industry in India. Total returns to shareholders of 83% over the past three years. Announcement • Aug 14
Manaksia Steels Limited, Annual General Meeting, Sep 18, 2024 Manaksia Steels Limited, Annual General Meeting, Sep 18, 2024, at 15:00 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹0.25 (vs ₹1.55 in 1Q 2024) First quarter 2025 results: EPS: ₹0.25 (down from ₹1.55 in 1Q 2024). Revenue: ₹1.69b (down 23% from 1Q 2024). Net income: ₹16.3m (down 84% from 1Q 2024). Profit margin: 1.0% (down from 4.7% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Aug 06
Manaksia Steels Limited to Report Q1, 2025 Results on Aug 13, 2024 Manaksia Steels Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Woman Director Nidhi Baheti was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • May 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹63.54, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 149% over the past three years. Buy Or Sell Opportunity • Apr 08
Now 21% undervalued Over the last 90 days, the stock has risen 30% to ₹67.41. The fair value is estimated to be ₹85.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 11%. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹68.78, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 170% over the past three years. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹58.65, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 179% over the past three years. Buy Or Sell Opportunity • Mar 05
Now 21% undervalued Over the last 90 days, the stock has risen 59% to ₹69.74. The fair value is estimated to be ₹87.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has declined by 11%. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹0.73 (vs ₹0.43 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.73 (up from ₹0.43 in 3Q 2023). Revenue: ₹1.37b (down 12% from 3Q 2023). Net income: ₹48.1m (up 70% from 3Q 2023). Profit margin: 3.5% (up from 1.8% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 36% After last week's 36% share price gain to ₹92.76, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 364% over the past three years. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹61.90, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 141% over the past three years. Reported Earnings • Nov 13
Second quarter 2024 earnings released: EPS: ₹1.36 (vs ₹0.38 in 2Q 2023) Second quarter 2024 results: EPS: ₹1.36 (up from ₹0.38 in 2Q 2023). Revenue: ₹1.66b (up 6.4% from 2Q 2023). Net income: ₹89.2m (up 262% from 2Q 2023). Profit margin: 5.4% (up from 1.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings. New Risk • Aug 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₹3.04b market cap, or US$36.6m). Announcement • Aug 09
Manaksia Steels Limited, Annual General Meeting, Sep 21, 2023 Manaksia Steels Limited, Annual General Meeting, Sep 21, 2023, at 15:00 Indian Standard Time. Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: ₹1.55 (vs ₹0.10 in 1Q 2023) First quarter 2024 results: EPS: ₹1.55 (up from ₹0.10 in 1Q 2023). Revenue: ₹2.22b (up 14% from 1Q 2023). Net income: ₹101.5m (up ₹94.9m from 1Q 2023). Profit margin: 4.6% (up from 0.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 70% per year, which means it is well ahead of earnings. Announcement • Aug 03
Manaksia Steels Limited to Report Q1, 2024 Results on Aug 08, 2023 Manaksia Steels Limited announced that they will report Q1, 2024 results on Aug 08, 2023 Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹44.82, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 323% over the past three years. Reported Earnings • May 27
Full year 2023 earnings released: EPS: ₹1.86 (vs ₹5.39 in FY 2022) Full year 2023 results: EPS: ₹1.86 (down from ₹5.39 in FY 2022). Revenue: ₹7.50b (up 23% from FY 2022). Net income: ₹121.9m (down 66% from FY 2022). Profit margin: 1.6% (down from 5.8% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 19
Manaksia Steels Limited to Report Q4, 2023 Results on May 25, 2023 Manaksia Steels Limited announced that they will report Q4, 2023 results on May 25, 2023 Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹0.43 (vs ₹1.40 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.43 (down from ₹1.40 in 3Q 2022). Revenue: ₹1.59b (down 13% from 3Q 2022). Net income: ₹28.4m (down 69% from 3Q 2022). Profit margin: 1.8% (down from 5.0% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 07
Manaksia Steels Limited to Report Q3, 2023 Results on Feb 14, 2023 Manaksia Steels Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improved over the past week After last week's 28% share price gain to ₹45.15, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 235% over the past three years. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Woman Director Nidhi Baheti was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 05
Manaksia Steels Limited to Report First Half, 2023 Results on Nov 10, 2022 Manaksia Steels Limited announced that they will report first half, 2023 results on Nov 10, 2022 Reported Earnings • Aug 11
First quarter 2023 earnings released: EPS: ₹0.10 (vs ₹1.70 in 1Q 2022) First quarter 2023 results: EPS: ₹0.10 (down from ₹1.70 in 1Q 2022). Revenue: ₹1.94b (up 41% from 1Q 2022). Net income: ₹6.58m (down 94% from 1Q 2022). Profit margin: 0.3% (down from 8.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Announcement • Aug 11
Manaksia Steels Limited, Annual General Meeting, Sep 27, 2022 Manaksia Steels Limited, Annual General Meeting, Sep 27, 2022, at 15:00 Indian Standard Time. Board Change • Aug 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Additional Non Executive Independent Director Nidhi Baheti was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹31.85, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 79% over the past three years. Reported Earnings • May 31
Full year 2022 earnings released: EPS: ₹5.39 (vs ₹4.05 in FY 2021) Full year 2022 results: EPS: ₹5.39 (up from ₹4.05 in FY 2021). Revenue: ₹6.11b (up 21% from FY 2021). Net income: ₹353.2m (up 33% from FY 2021). Profit margin: 5.8% (up from 5.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Announcement • May 20
Manaksia Steels Limited to Report Q4, 2022 Results on May 27, 2022 Manaksia Steels Limited announced that they will report Q4, 2022 results on May 27, 2022 Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 16% share price gain to ₹52.70, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 196% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 16% share price gain to ₹49.45, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 135% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹33.00, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 89% over the past three years. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹41.65, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 119% over the past three years. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improved over the past week After last week's 21% share price gain to ₹38.40, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 99% over the past three years. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improved over the past week After last week's 26% share price gain to ₹39.60, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 11x in the Metals and Mining industry in India. Total returns to shareholders of 55% over the past three years. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS ₹0.89 (vs ₹1.58 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹1.12b (down 33% from 2Q 2021). Net income: ₹58.3m (down 44% from 2Q 2021). Profit margin: 5.2% (down from 6.2% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 12
First quarter 2022 earnings released: EPS ₹1.70 (vs ₹0.23 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹1.41b (up 29% from 1Q 2021). Net income: ₹111.5m (up ₹96.6m from 1Q 2021). Profit margin: 7.9% (up from 1.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 24% share price gain to ₹29.80, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 1.2% over the past three years. Reported Earnings • Jun 19
Full year 2021 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹5.12b (down 4.6% from FY 2020). Net income: ₹265.4m (up 209% from FY 2020). Profit margin: 5.2% (up from 1.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improved over the past week After last week's 16% share price gain to ₹29.00, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 9.2% over the past three years. Executive Departure • May 29
Non-Executive Independent Director has left the company On the 21st of May, Smita Khaitan's tenure as Non-Executive Independent Director ended after 6.5 years in the role. We don't have any record of a personal shareholding under Smita's name. Smita is the only executive to leave the company over the last 12 months. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 17% share price gain to ₹25.90, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total loss to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 15% share price gain to ₹24.80, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total loss to shareholders of 29% over the past three years. Reported Earnings • Feb 15
Third quarter 2021 earnings released: EPS ₹1.06 (vs ₹0.40 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹1.12b (down 34% from 3Q 2020). Net income: ₹69.2m (up 161% from 3Q 2020). Profit margin: 6.2% (up from 1.6% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Feb 05
Manaksia Steels Limited to Report Q3, 2021 Results on Feb 12, 2021 Manaksia Steels Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹23.30, the stock is trading at a trailing P/E ratio of 7.3x, down from the previous P/E ratio of 8.7x. This compares to an average P/E of 17x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 47%. Is New 90 Day High Low • Dec 29
New 90-day high: ₹22.33 The company is up 126% from its price of ₹9.90 on 30 September 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 34% over the same period. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 21% share price gain to ₹22.33, the stock is trading at a trailing P/E ratio of 7x, up from the previous P/E ratio of 5.8x. This compares to an average P/E of 16x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 44%. Valuation Update With 7 Day Price Move • Dec 07
Market bids up stock over the past week After last week's 15% share price gain to ₹15.50, the stock is trading at a trailing P/E ratio of 4.9x, up from the previous P/E ratio of 4.2x. This compares to an average P/E of 15x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 60%. Is New 90 Day High Low • Nov 19
New 90-day high: ₹13.04 The company is up 40% from its price of ₹9.34 on 21 August 2020. The Indian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Nov 15
Market bids up stock over the past week After last week's 18% share price gain to ₹11.25, the stock is trading at a trailing P/E ratio of 7.8x, up from the previous P/E ratio of 6.7x. This compares to an average P/E of 13x in the Metals and Mining industry in India. Total return to shareholders over the past three years is a loss of 74%. Announcement • Nov 04
Manaksia Steels Limited to Report Q2, 2021 Results on Nov 10, 2020 Manaksia Steels Limited announced that they will report Q2, 2021 results on Nov 10, 2020 Is New 90 Day High Low • Sep 18
New 90-day high: ₹12.02 The company is up 13% from its price of ₹10.64 on 19 June 2020. The Indian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 26% over the same period. Announcement • Sep 03
Manaksia Steels Limited to Report Q1, 2021 Results on Sep 10, 2020 Manaksia Steels Limited announced that they will report Q1, 2021 results on Sep 10, 2020