NSEI:MANAKALUCO

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Manaksia Aluminium Company Limited manufactures and sells aluminum products primarily in India. More Details


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

How has Manaksia Aluminium's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MANAKALUCO has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.7%

MANAKALUCO

6.7%

IN Metals and Mining

-0.6%

IN Market


1 Year Return

79.8%

MANAKALUCO

4.4%

IN Metals and Mining

2.2%

IN Market

Return vs Industry: MANAKALUCO exceeded the Indian Metals and Mining industry which returned 4.4% over the past year.

Return vs Market: MANAKALUCO exceeded the Indian Market which returned 2.2% over the past year.


Shareholder returns

MANAKALUCOIndustryMarket
7 Day0.7%6.7%-0.6%
30 Day-7.4%-1.0%0.2%
90 Day-6.8%16.2%6.7%
1 Year79.8%79.8%8.1%4.4%3.9%2.2%
3 Year-8.5%-8.5%-29.1%-36.2%2.6%-2.4%
5 Year98.7%98.7%69.7%41.2%41.3%30.8%

Price Volatility Vs. Market

How volatile is Manaksia Aluminium's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Manaksia Aluminium undervalued compared to its fair value and its price relative to the market?

38.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MANAKALUCO (₹7.55) is trading below our estimate of fair value (₹12.17)

Significantly Below Fair Value: MANAKALUCO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MANAKALUCO is unprofitable, so we can't compare its PE Ratio to the IN Metals and Mining industry average.

PE vs Market: MANAKALUCO is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MANAKALUCO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MANAKALUCO is good value based on its PB Ratio (0.4x) compared to the IN Metals and Mining industry average (0.8x).


Next Steps

Future Growth

How is Manaksia Aluminium forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

52.6%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Manaksia Aluminium has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Manaksia Aluminium performed over the past 5 years?

57.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MANAKALUCO is currently unprofitable.

Growing Profit Margin: MANAKALUCO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MANAKALUCO is unprofitable, but has reduced losses over the past 5 years at a rate of 57.3% per year.

Accelerating Growth: Unable to compare MANAKALUCO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MANAKALUCO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-36.6%).


Return on Equity

High ROE: MANAKALUCO has a negative Return on Equity (-3.09%), as it is currently unprofitable.


Next Steps

Financial Health

How is Manaksia Aluminium's financial position?


Financial Position Analysis

Short Term Liabilities: MANAKALUCO's short term assets (₹1.6B) exceed its short term liabilities (₹1.2B).

Long Term Liabilities: MANAKALUCO's short term assets (₹1.6B) exceed its long term liabilities (₹335.4M).


Debt to Equity History and Analysis

Debt Level: MANAKALUCO's debt to equity ratio (61.9%) is considered high.

Reducing Debt: MANAKALUCO's debt to equity ratio has reduced from 93.9% to 61.9% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable MANAKALUCO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: MANAKALUCO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.6% per year.


Next Steps

Dividend

What is Manaksia Aluminium current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MANAKALUCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MANAKALUCO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MANAKALUCO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MANAKALUCO's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MANAKALUCO's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

Sunil Agrawal (59 yo)

5.92yrs

Tenure

₹12,600,000

Compensation

Mr. Sunil Kumar Agrawal has been Managing Director at Manaksia Aluminium Company Limited since November 23, 2014 and has been its Executive Director since November 23, 2014. Mr. Agrawal has wide experience ...


CEO Compensation Analysis

Compensation vs Market: Sunil's total compensation ($USD171.77K) is above average for companies of similar size in the Indian market ($USD56.07K).

Compensation vs Earnings: Sunil's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Sunil Agrawal
MD & Executive Director5.92yrs₹12.60m8.98%
₹ 44.4m
Ashok Agarwal
CFO & GM of Accounts1.42yrs₹1.97mno data
Vivek Jain
Company Secretary & Compliance Officerno data₹1.65mno data
Anirudha Sunil Agrawal
Whole-time Director5.92yrs₹36.00k3.13%
₹ 15.5m
Dipak Bhattacharjee
Additional Whole Time Director0.67yr₹504.00k0.00061%
₹ 3.0k
Satheesh K.
Sales Managerno datano datano data
Joy Roy
General Manager of HRno datano datano data
Sanjib Sen
Head of Mechanicalno datano datano data
Sandeep Joshi
Unit Head2yrsno datano data

1.4yrs

Average Tenure

45yo

Average Age

Experienced Management: MANAKALUCO's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Sunil Agrawal
MD & Executive Director5.92yrs₹12.60m8.98%
₹ 44.4m
Anirudha Sunil Agrawal
Whole-time Director5.92yrs₹36.00k3.13%
₹ 15.5m
Dipak Bhattacharjee
Additional Whole Time Director0.67yr₹504.00k0.00061%
₹ 3.0k
Ajay Chakraborty
Independent Non-Executive Chairman of the Boardno data₹74.00kno data
Shuvendu Mohanty
Non-Executive Independent Director0.083yrno datano data
Vineet Agrawal
Non-Executive Director5.92yrs₹10.00k17.87%
₹ 88.3m
Chandan Ambaly
Additional Non-Executive & Independent Director1.42yrs₹43.00kno data
Suprity Biswas
Additional Non-Executive & Independent Director0.75yrno datano data

1.4yrs

Average Tenure

59yo

Average Age

Experienced Board: MANAKALUCO's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Manaksia Aluminium Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Manaksia Aluminium Company Limited
  • Ticker: MANAKALUCO
  • Exchange: NSEI
  • Founded: 2010
  • Industry: Aluminum
  • Sector: Materials
  • Market Cap: ₹494.127m
  • Shares outstanding: 65.53m
  • Website: https://www.manaksiaaluminium.com

Number of Employees


Location

  • Manaksia Aluminium Company Limited
  • Bikaner Building
  • 3rd Floor
  • Kolkata
  • West Bengal
  • 700001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
539045BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2015
MANAKALUCONSEI (National Stock Exchange of India)YesEquity SharesININRMar 2015

Biography

Manaksia Aluminium Company Limited manufactures and sells aluminum products primarily in India. The company offers aluminum sheets and coils, aluminum flooring sheets, aluminum pattern sheets, aluminum roo ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 12:53
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.