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. 4 experienced directors. 2 highly experienced directors. Whole-time Director Debasis Banerjee was the last director to join the board, commencing their role in 2023. 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 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹41.27, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 76% over the past three years. New Risk • Jun 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (₹2.65b market cap, or US$27.7m). Reported Earnings • May 09
Full year 2026 earnings released: EPS: ₹1.15 (vs ₹0.92 in FY 2025) Full year 2026 results: EPS: ₹1.15 (up from ₹0.92 in FY 2025). Revenue: ₹5.65b (up 11% from FY 2025). Net income: ₹75.6m (up 25% from FY 2025). Profit margin: 1.3% (in line with FY 2025). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Announcement • Apr 28
Manaksia Aluminium Company Limited to Report Q4, 2026 Results on May 07, 2026 Manaksia Aluminium Company Limited announced that they will report Q4, 2026 results on May 07, 2026 Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹38.32, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 86% over the past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹25.83, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 20% over the past three years. Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: ₹0.25 (vs ₹0.25 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.25 (in line with 3Q 2025). Revenue: ₹1.43b (up 2.3% from 3Q 2025). Net income: ₹16.5m (flat on 3Q 2025). Profit margin: 1.2% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Feb 05
Manaksia Aluminium Company Limited to Report Q3, 2026 Results on Feb 13, 2026 Manaksia Aluminium Company Limited announced that they will report Q3, 2026 results on Feb 13, 2026 Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹52.99, the stock trades at a trailing P/E ratio of 55x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 146% over the past three years. Announcement • Jan 09
Manaksia Aluminium Company Limited Appoints Abhishek Chakraborty as Company Secretary and Compliance Officer, Effective January 9, 2026 Manaksia Aluminium Company Limited has approved the appointment of Mr. Abhishek Chakraborty as Company Secretary and Compliance Officer of the Company with immediate effect. The appointment was made based on the recommendation of the Nomination and Remuneration Committee and approved by the Board of Directors at its meeting held on January 9, 2026. Abhishek Chakraborty is an associate member of the Institute of Company Secretaries of India. He comes with an experience of about 8 years in the field of compliance, corporate law and finance. He has successfully handled the IPO of Phoenix Overseas Limited. He was employed as a Young Professional at the Registrar of Companies, West Bengal, Ministry of Corporate Affairs. Apart from being a Company Secretary he is Law and Commerce graduate, he also holds various certifications bestowed upon him by National Skill Development Corporation, National Stock Exchange of Limited and other training centres. New Risk • Jan 05
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 Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹2.20b market cap, or US$24.4m). Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹29.58, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 34% over the past three years. New Risk • Nov 29
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹1.64b market cap, or US$18.3m). Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹0.17 (vs ₹0.26 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.17 (down from ₹0.26 in 2Q 2025). Revenue: ₹1.31b (down 13% from 2Q 2025). Net income: ₹11.1m (down 34% from 2Q 2025). Profit margin: 0.8% (down from 1.1% in 2Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Nov 08
Manaksia Aluminium Company Limited to Report Q2, 2026 Results on Nov 14, 2025 Manaksia Aluminium Company Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Declared Dividend • Aug 27
Dividend of ₹0.07 announced Dividend of ₹0.07 is the same as last year. Ex-date: 9th September 2025 Payment date: 16th October 2025 Dividend yield will be 0.2%, which is lower than the industry average of 6.1%. Sustainability & Growth Dividend is covered by earnings (8% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 18% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 24% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Aug 11
Manaksia Aluminium Company Limited, Annual General Meeting, Sep 16, 2025 Manaksia Aluminium Company Limited, Annual General Meeting, Sep 16, 2025, at 13:30 Indian Standard Time. Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: ₹0.24 (vs ₹0.11 in 1Q 2025) First quarter 2026 results: EPS: ₹0.24 (up from ₹0.11 in 1Q 2025). Revenue: ₹1.35b (up 65% from 1Q 2025). Net income: ₹15.6m (up 119% from 1Q 2025). Profit margin: 1.2% (up from 0.9% 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 15% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • Aug 02
Manaksia Aluminium Company Limited to Report Q1, 2026 Results on Aug 08, 2025 Manaksia Aluminium Company Limited announced that they will report Q1, 2026 results on Aug 08, 2025 Valuation Update With 7 Day Price Move • Jul 23
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹33.43, the stock trades at a trailing P/E ratio of 36.2x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 66% over the past three years. Reported Earnings • May 21
Full year 2025 earnings released: EPS: ₹0.92 (vs ₹0.78 in FY 2024) Full year 2025 results: EPS: ₹0.92 (up from ₹0.78 in FY 2024). Revenue: ₹5.10b (up 18% from FY 2024). Net income: ₹60.5m (up 19% from FY 2024). Profit margin: 1.2% (in line with FY 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 10% per year, which means it is well ahead of earnings. Announcement • May 20
Manaksia Aluminium Company Limited Recommends Final Dividend for the Year Ended March 31, 2025 Manaksia Aluminium Company Limited recommended a Final dividend of INR 0.07 against the face value of INR 1/- of an equity share (7%) of the Company for the Financial Year ended 31st March, 2025. The said dividend, if approved by the shareholders at the ensuing Annual General Meeting shall be paid within 30 days from the date of such declaration. The record date will be intimated in due course. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹26.21, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total returns to shareholders of 8.6% over the past three years. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹18.42, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total loss to shareholders of 24% over the past three years. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹19.38, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total loss to shareholders of 19% over the past three years. Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: ₹0.25 (vs ₹0.19 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.25 (up from ₹0.19 in 3Q 2024). Revenue: ₹1.40b (up 35% from 3Q 2024). Net income: ₹16.5m (up 34% from 3Q 2024). Profit margin: 1.2% (in line with 3Q 2024). 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 1% per year, which means it is well ahead of earnings. New Risk • Jan 15
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 7.6% 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 Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (₹1.97b market cap, or US$22.8m). Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹30.25, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 27x in the Metals and Mining industry in India. Total returns to shareholders of 66% over the past three years. New Risk • Oct 03
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 7.7% 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 Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (₹2.20b market cap, or US$26.2m). Upcoming Dividend • Sep 06
Upcoming dividend of ₹0.07 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 20 October 2024. Payout ratio is a comfortable 9.0% but the company is not cash flow positive. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (1.6%). Announcement • Aug 12
Manaksia Aluminium Company Limited, Annual General Meeting, Sep 20, 2024 Manaksia Aluminium Company Limited, Annual General Meeting, Sep 20, 2024, at 13:30 Indian Standard Time. Reported Earnings • Aug 10
First quarter 2025 earnings released: EPS: ₹0.11 (vs ₹0.17 in 1Q 2024) First quarter 2025 results: EPS: ₹0.11 (down from ₹0.17 in 1Q 2024). Revenue: ₹819.2m (down 10% from 1Q 2024). Net income: ₹7.13m (down 35% from 1Q 2024). Profit margin: 0.9% (down from 1.2% 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 10% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Announcement • Aug 02
Manaksia Aluminium Company Limited to Report Q1, 2025 Results on Aug 09, 2024 Manaksia Aluminium Company Limited announced that they will report Q1, 2025 results on Aug 09, 2024 New Risk • Jul 24
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 7.9% 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 Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (₹2.04b market cap, or US$24.4m). Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹32.54, the stock trades at a trailing P/E ratio of 41.9x. Average trailing P/E is 25x in the Metals and Mining industry in India. Total returns to shareholders of 79% over the past three years. Reported Earnings • May 19
Full year 2024 earnings released: EPS: ₹0.78 (vs ₹1.35 in FY 2023) Full year 2024 results: EPS: ₹0.78 (down from ₹1.35 in FY 2023). Revenue: ₹4.34b (down 7.0% from FY 2023). Net income: ₹50.9m (down 43% from FY 2023). Profit margin: 1.2% (down from 1.9% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year. Announcement • May 12
Manaksia Aluminium Company Limited to Report Q4, 2024 Results on May 18, 2024 Manaksia Aluminium Company Limited announced that they will report Q4, 2024 results at 3:30 PM, Indian Standard Time on May 18, 2024 Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹30.09, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 23x in the Metals and Mining industry in India. Total returns to shareholders of 230% over the past three years. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹0.19 (vs ₹0.19 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.19 (in line with 3Q 2023). Revenue: ₹1.04b (flat on 3Q 2023). Net income: ₹12.3m (down 2.4% from 3Q 2023). Profit margin: 1.2% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 05
Manaksia Aluminium Company Limited to Report Q3, 2024 Results on Feb 12, 2024 Manaksia Aluminium Company Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment improves as stock rises 51% After last week's 51% share price gain to ₹43.27, the stock trades at a trailing P/E ratio of 40.5x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 390% over the past three years. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹32.14, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 24x in the Metals and Mining industry in India. Total returns to shareholders of 256% over the past three years. Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹0.18 (vs ₹0.31 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.18 (down from ₹0.31 in 2Q 2023). Revenue: ₹1.00b (down 17% from 2Q 2023). Net income: ₹11.8m (down 42% from 2Q 2023). Profit margin: 1.2% (down from 1.7% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 03
Manaksia Aluminium Company Limited to Report Q2, 2024 Results on Nov 08, 2023 Manaksia Aluminium Company Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Board Change • Nov 01
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. 3 experienced directors. 3 highly experienced directors. Non-Executive Non-Independent Director Debasis Banerjee was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 30
First quarter 2024 earnings released: EPS: ₹0.17 (vs ₹0.32 in 1Q 2023) First quarter 2024 results: EPS: ₹0.17 (down from ₹0.32 in 1Q 2023). Revenue: ₹914.7m (down 24% from 1Q 2023). Net income: ₹11.0m (down 48% from 1Q 2023). Profit margin: 1.2% (down from 1.8% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Announcement • Jul 30
Manaksia Aluminium Company Limited, Annual General Meeting, Aug 29, 2023 Manaksia Aluminium Company Limited, Annual General Meeting, Aug 29, 2023, at 13:30 Indian Standard Time. Announcement • Jul 24
Manaksia Aluminium Company Limited to Report Q1, 2024 Results on Jul 29, 2023 Manaksia Aluminium Company Limited announced that they will report Q1, 2024 results at 3:30 PM, Indian Standard Time on Jul 29, 2023 New Risk • Jul 19
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 7.3% 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 Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹1.67b market cap, or US$20.4m). Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹28.10, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 228% over the past three years. Announcement • Jun 03
Manaksia Aluminium Company Limited Announces Resignation of Ajay Kumar from the Board of Directors Manaksia Aluminium Company Limited at its Board of Directors meeting held on 2 June, 2023 approved the resignation of Mr. Ajay Kumar, Whole Time Director, from the Board of Directors of the Company with immediate effect due to his personal reasons. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹24.58, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 364% over the past three years. Reported Earnings • May 20
Full year 2023 earnings released: EPS: ₹1.35 (vs ₹1.14 in FY 2022) Full year 2023 results: EPS: ₹1.35 (up from ₹1.14 in FY 2022). Revenue: ₹4.68b (up 7.2% from FY 2022). Net income: ₹88.7m (up 19% from FY 2022). Profit margin: 1.9% (up from 1.7% in FY 2022). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 20
Manaksia Aluminium Company Limited Recommends a Final Dividend for the Financial Year Ended 31 March, 2023 Manaksia Aluminium Company Limited at the board meeting held on May 19, 2023 recommended a Final dividend of INR 0.05 against the face value of INR 1/- of an equity share (5%) of the Company for the Financial Year ended 31 March, 2023. The said dividend, if approved by the shareholders at the up coming Annual General Meeting shall be paid within 30 days from the date of such declaration. The record date will be intimated in due course. Announcement • May 13
Manaksia Aluminium Company Limited to Report Q4, 2023 Results on May 19, 2023 Manaksia Aluminium Company Limited announced that they will report Q4, 2023 results on May 19, 2023 Reported Earnings • Feb 07
Third quarter 2023 earnings released: EPS: ₹0.19 (vs ₹0.38 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.19 (down from ₹0.38 in 3Q 2022). Revenue: ₹1.03b (down 21% from 3Q 2022). Net income: ₹12.6m (down 50% from 3Q 2022). Profit margin: 1.2% (down from 1.9% 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 50% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 26
Manaksia Aluminium Company Limited to Report Q3, 2023 Results on Feb 06, 2023 Manaksia Aluminium Company Limited announced that they will report Q3, 2023 results on Feb 06, 2023 Announcement • Nov 07
Manaksia Aluminium Company Limited Announces Resignation of Dipak Bhattacharjee as Whole Time Director The board of directors of Manaksia Aluminium Company Limited at meeting held on 5 November 2022, approved the resignation of Mr. Dipak Bhattacharjee (DIN: 08665337), Whole Time Director, from the Board of Directors of the Company with immediate effect due to his personal reasons. Reported Earnings • Nov 06
Second quarter 2023 earnings released: EPS: ₹0.31 (vs ₹0.26 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.31 (up from ₹0.26 in 2Q 2022). Revenue: ₹1.20b (up 25% from 2Q 2022). Net income: ₹20.2m (up 20% from 2Q 2022). Profit margin: 1.7% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹21.05, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 321% over the past three years. Announcement • Jul 31
Manaksia Aluminium Company Limited, Annual General Meeting, Sep 13, 2022 Manaksia Aluminium Company Limited, Annual General Meeting, Sep 13, 2022. Reported Earnings • Jul 31
First quarter 2023 earnings released: EPS: ₹0.32 (vs ₹0.22 in 1Q 2022) First quarter 2023 results: EPS: ₹0.32 (up from ₹0.22 in 1Q 2022). Revenue: ₹1.21b (up 50% from 1Q 2022). Net income: ₹21.2m (up 45% from 1Q 2022). Profit margin: 1.7% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 22
Manaksia Aluminium Company Limited to Report Q1, 2023 Results on Jul 29, 2022 Manaksia Aluminium Company Limited announced that they will report Q1, 2023 results on Jul 29, 2022 Reported Earnings • May 11
Full year 2022 earnings released: EPS: ₹1.14 (vs ₹0.48 loss in FY 2021) Full year 2022 results: EPS: ₹1.14 (up from ₹0.48 loss in FY 2021). Revenue: ₹4.37b (up 61% from FY 2021). Net income: ₹74.6m (up ₹106.2m from FY 2021). Profit margin: 1.7% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 07
Manaksia Aluminium Company Limited to Report Q4, 2022 Results on May 10, 2022 Manaksia Aluminium Company Limited announced that they will report Q4, 2022 results on May 10, 2022 Recent Insider Transactions • Mar 09
Insider recently bought ₹7.3m worth of stock On the 4th of March, Kanta Agrawal bought around 300k shares on-market at roughly ₹24.50 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Feb 03
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.38 (up from ₹0.34 in 3Q 2021). Revenue: ₹1.30b (up 100% from 3Q 2021). Net income: ₹25.1m (up 13% from 3Q 2021). Profit margin: 1.9% (down from 3.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 26% share price gain to ₹30.60, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 256% over the past three years. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 20% share price gain to ₹22.30, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 162% over the past three years. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 28% share price gain to ₹21.75, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 211% over the past three years. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹0.22 (vs ₹1.34 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹811.3m (up 57% from 1Q 2021). Net income: ₹14.6m (up ₹102.6m from 1Q 2021). Profit margin: 1.8% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Executive Departure • Jun 25
Non-Executive Director Vineet Agrawal has left the company On the 18th of June, Vineet Agrawal's tenure as Non-Executive Director ended after 6.6 years in the role. As of March 2021, Vineet still personally held 11.71m shares (₹101m worth at the time). Vineet is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.08 years. Reported Earnings • Jun 11
Full year 2021 earnings released: ₹0.48 loss per share (vs ₹0.89 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹2.76b (down 2.0% from FY 2020). Net loss: ₹31.6m (down 154% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS ₹0.34 (vs ₹0.22 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: ₹667.1m (down 4.6% from 3Q 2020). Net income: ₹22.2m (up 55% from 3Q 2020). Profit margin: 3.3% (up from 2.0% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 04
New 90-day high: ₹9.41 The company is up 22% from its price of ₹7.69 on 06 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 34% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: ₹9.08 The company is up 10.0% from its price of ₹8.26 on 09 September 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 27% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: ₹6.85 The company is down 1.0% from its price of ₹6.89 on 31 July 2020. The Indian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 7.0% over the same period. 
