Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹7.99 (vs ₹8.54 in FY 2025) Full year 2026 results: EPS: ₹7.99 (down from ₹8.54 in FY 2025). Revenue: ₹8.23b (up 13% from FY 2025). Net income: ₹523.4m (down 6.5% from FY 2025). Profit margin: 6.4% (down from 7.7% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year whereas the company’s share price has fallen by 29% per year. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹50.40, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 20x in the Metals and Mining industry in India. Total loss to shareholders of 57% over the past three years. Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: ₹2.22 (vs ₹1.95 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.22 (up from ₹1.95 in 3Q 2025). Revenue: ₹2.01b (up 7.0% from 3Q 2025). Net income: ₹145.6m (up 14% from 3Q 2025). Profit margin: 7.2% (up from 6.8% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 16
Second quarter 2026 earnings released: EPS: ₹1.68 (vs ₹2.23 in 2Q 2025) Second quarter 2026 results: EPS: ₹1.68 (down from ₹2.23 in 2Q 2025). Revenue: ₹2.01b (up 18% from 2Q 2025). Net income: ₹109.9m (down 25% from 2Q 2025). Profit margin: 5.5% (down from 8.6% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 39% 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. Board Change • Sep 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. Non Executive Non-Independent Director Varun Agrawal was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 31
First quarter 2026 earnings released: EPS: ₹2.29 (vs ₹2.60 in 1Q 2025) First quarter 2026 results: EPS: ₹2.29 (down from ₹2.60 in 1Q 2025). Revenue: ₹1.87b (up 78% from 1Q 2025). Net income: ₹150.0m (down 12% from 1Q 2025). Profit margin: 8.0% (down from 16% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Jul 30
Manaksia Limited, Annual General Meeting, Sep 23, 2025 Manaksia Limited, Annual General Meeting, Sep 23, 2025, at 12:30 Indian Standard Time. Announcement • Jul 23
Manaksia Limited to Report Q1, 2026 Results on Jul 30, 2025 Manaksia Limited announced that they will report Q1, 2026 results on Jul 30, 2025 Reported Earnings • May 29
Full year 2025 earnings released: EPS: ₹8.54 (vs ₹11.53 in FY 2024) Full year 2025 results: EPS: ₹8.54 (down from ₹11.53 in FY 2024). Revenue: ₹7.85b (up 12% from FY 2024). Net income: ₹559.8m (down 26% from FY 2024). Profit margin: 7.1% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹73.04, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total loss to shareholders of 9.8% over the past three years. Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: ₹1.95 (vs ₹2.49 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.95 (down from ₹2.49 in 3Q 2024). Revenue: ₹1.88b (up 23% from 3Q 2024). Net income: ₹128.0m (down 21% from 3Q 2024). Profit margin: 6.8% (down from 11% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: ₹2.23 (vs ₹3.52 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.23 (down from ₹3.52 in 2Q 2024). Revenue: ₹1.86b (down 6.5% from 2Q 2024). Net income: ₹146.3m (down 37% from 2Q 2024). Profit margin: 7.9% (down from 12% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Sep 18
Manaksia Limited Announces Cessation of Kali Kumar Chaudhuri as Independent Director Manaksia Limited announced that the second consecutive term of office of Dr. Kali Kumar Chaudhuri as an Independent Director of the Company has ended on September 18, 2024. Dr. Kali Kumar Chaudhuri has ceased to be the Director of the Company from the conclusion of 40th AGM of the Company i.e. with effect from 18 September, 2024. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹109, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 27x in the Metals and Mining industry in India. Total returns to shareholders of 77% over the past three years. Announcement • Aug 14
Manaksia Limited, Annual General Meeting, Sep 18, 2024 Manaksia Limited, Annual General Meeting, Sep 18, 2024, at 12:30 Indian Standard Time. Reported Earnings • Aug 14
First quarter 2025 earnings released: EPS: ₹2.60 (vs ₹3.36 in 1Q 2024) First quarter 2025 results: EPS: ₹2.60 (down from ₹3.36 in 1Q 2024). Revenue: ₹1.26b (down 47% from 1Q 2024). Net income: ₹170.4m (down 23% from 1Q 2024). Profit margin: 14% (up from 9.3% in 1Q 2024). 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 11% per year, which means it is well ahead of earnings. Announcement • Aug 06
Manaksia Limited to Report Q1, 2025 Results on Aug 13, 2024 Manaksia Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • May 29
Full year 2024 earnings released: EPS: ₹11.53 (vs ₹16.30 in FY 2023) Full year 2024 results: EPS: ₹11.53 (down from ₹16.30 in FY 2023). Revenue: ₹7.65b (down 34% from FY 2023). Net income: ₹755.5m (down 29% from FY 2023). Profit margin: 9.9% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹99.20, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 21x in the Metals and Mining industry in India. Total returns to shareholders of 106% over the past three years. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹2.49 (vs ₹4.74 in 3Q 2023) Third quarter 2024 results: EPS: ₹2.49 (down from ₹4.74 in 3Q 2023). Revenue: ₹1.72b (down 41% from 3Q 2023). Net income: ₹162.9m (down 48% from 3Q 2023). Profit margin: 9.5% (down from 11% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹7.94b (US$95.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹7.94b market cap, or US$95.6m). Announcement • Feb 12
Manaksia Limited Approves the Appointment of Anatha Bandhaba Chakrabartty as Company Secretary & Compliance Officer Manaksia Limited approved the appointment of Mr. Anatha Bandhaba Chakrabartty as Company Secretary & Compliance Officer of the Company with effective from 12" February, 2024 and thereby cessation of Ms. VarshaBansal, as Interim Compliance Officer. A brief profile of Mr. Anatha Bandhaba Chakrabartty is enclosed as Annexure-B. Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ₹3.52 (vs ₹3.75 in 2Q 2023) Second quarter 2024 results: EPS: ₹3.52 (down from ₹3.75 in 2Q 2023). Revenue: ₹1.99b (down 24% from 2Q 2023). Net income: ₹230.9m (down 6.2% from 2Q 2023). Profit margin: 12% (up from 9.4% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 10
Manaksia Limited Appoints Ms. Varsha Bansal as Interim Compliance Officer Manaksia Limited announced that at the board meeting held on November 9, 2023, the company approved the appointment of Ms. Varsha Bansal as Interim Compliance Officer of the Company with effect from November 9, 2023. Ms. Varsha Bansal is an Associate member of The Institute of Company Secretaries of India having membership No. A54012. She also holds a degree of Bachelor of Law and Bachelor of Commerce. She has been associated with the Company for more than five years. She has wide knowledge in Company Law, SEBI Laws and related matters. Announcement • Oct 18
Manaksia Limited Announces Resignation of Pradip Kumar Kandar as Company Secretary & Compliance Officer Manaksia Limited informed that Mr. Pradip Kumar Kandar, Company Secretary & Compliance Officer of the Company has resigned from the services of the Company for pursuing alternative career opportunities. The resignation has been accepted and Mr. Kandar will be relieved from the services of the Company from the close of business hours on 17" October, 2023. Announcement • Sep 23
Manaksia Limited Approves to Declare Final Dividend for the Financial Year 2022-2023 Manaksia Limited approved to declare Final Dividend of INR 3.00 per equity shares of face value of INR 2/- each for the financial year 2022-2023. Upcoming Dividend • Sep 07
Upcoming dividend of ₹3.00 per share at 2.0% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 18 October 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.0%. Within top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (6.9%). Announcement • Aug 10
Manaksia Limited, Annual General Meeting, Sep 21, 2023 Manaksia Limited, Annual General Meeting, Sep 21, 2023, at 12:30 Indian Standard Time. Reported Earnings • Aug 10
First quarter 2024 earnings released: EPS: ₹3.36 (vs ₹2.06 in 1Q 2023) First quarter 2024 results: EPS: ₹3.36 (up from ₹2.06 in 1Q 2023). Revenue: ₹2.50b (down 19% from 1Q 2023). Net income: ₹219.9m (up 63% from 1Q 2023). Profit margin: 8.8% (up from 4.4% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 03
Manaksia Limited to Report Q1, 2024 Results on Aug 09, 2023 Manaksia Limited announced that they will report Q1, 2024 results on Aug 09, 2023 Announcement • Jun 04
Manaksia Limited Recommends Final Dividend for the Financial Year 2022-23 Manaksia Limited announced that the board of directors of the company at its meeting held on June 3, 2023, recommended final dividend at the rate of 150% (i.e. INR 3.00 per equity shares having face value of INR 2 each) on the equity shares of the company for the financial year 2022-23 for the approval of the shareholders at the upcoming annual general meeting (AGM) of the Company and the dividend will be paid within thirty days from the date of AGM provided the same is approved by the shareholders of the Company. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹163, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 458% over the past three years. Valuation Update With 7 Day Price Move • May 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹138, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 367% over the past three years. Reported Earnings • Feb 15
Third quarter 2023 earnings released: EPS: ₹4.74 (vs ₹7.79 in 3Q 2022) Third quarter 2023 results: EPS: ₹4.74 (down from ₹7.79 in 3Q 2022). Revenue: ₹3.13b (up 2.3% from 3Q 2022). Net income: ₹310.7m (down 39% from 3Q 2022). Profit margin: 9.9% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 43% After last week's 43% share price gain to ₹133, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 14x in the Metals and Mining industry in India. Total returns to shareholders of 343% over the past three years. Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improved over the past week After last week's 21% share price gain to ₹93.20, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 243% over the past three years. Upcoming Dividend • Nov 18
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 25 November 2022. Payment date: 09 December 2022. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 3.7%. Within top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (5.7%). 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. 3 experienced directors. 3 highly experienced directors. Director Varun Agrawal was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 13
First quarter 2023 earnings released: EPS: ₹2.06 (vs ₹4.66 in 1Q 2022) First quarter 2023 results: EPS: ₹2.06 (down from ₹4.66 in 1Q 2022). Net income: ₹135.0m (down 56% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 36% per year and the company’s share price has also increased by 36% per year. Board Change • Aug 02
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. 5 experienced directors. 3 highly experienced directors. Non Executive Independent Director Biswanath Bhattacharjee was the last director to join the board, commencing their role in 2019. 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 02
Investor sentiment improved over the past week After last week's 27% share price gain to ₹91.40, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 226% over the past three years. Reported Earnings • May 30
Full year 2022 earnings released: EPS: ₹27.93 (vs ₹9.10 in FY 2021) Full year 2022 results: EPS: ₹27.93 (up from ₹9.10 in FY 2021). Revenue: ₹11.7b (up 36% from FY 2021). Net income: ₹1.83b (up 207% from FY 2021). Profit margin: 16% (up from 6.9% 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 27% per year whereas the company’s share price has increased by 29% per year. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹75.90, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 13x in the Metals and Mining industry in India. Total returns to shareholders of 191% over the past three years. Reported Earnings • Feb 16
Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint Third quarter 2022 results: EPS: ₹7.79 (up from ₹3.97 in 3Q 2021). Revenue: ₹3.22b (up 48% from 3Q 2021). Net income: ₹510.5m (up 117% from 3Q 2021). Profit margin: 16% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 3.8%. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 31% share price gain to ₹78.60, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 12x in the Metals and Mining industry in India. Total returns to shareholders of 164% over the past three years. Reported Earnings • Nov 13
Second quarter 2022 earnings released: EPS ₹5.11 (vs ₹3.45 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹2.55b (up 6.8% from 2Q 2021). Net income: ₹335.2m (up 57% from 2Q 2021). Profit margin: 13% (up from 9.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 06
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 13 September 2021. Payment date: 05 October 2021. Trailing yield: 4.4%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (2.9%). Reported Earnings • Jun 16
Full year 2021 earnings released: EPS ₹9.10 (vs ₹8.94 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2021 results: Revenue: ₹8.94b (up 4.4% from FY 2020). Net income: ₹596.4m (up 1.8% from FY 2020). Profit margin: 6.7% (down from 6.8% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 20% share price gain to ₹76.50, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 16x in the Metals and Mining industry in India. Total returns to shareholders of 88% over the past three years. Executive Departure • May 29
Non Executive Independent Woman Director has left the company On the 21st of May, Smita Khaitan's tenure as Non Executive Independent Woman Director ended after 14.4 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 • May 11
Investor sentiment improved over the past week After last week's 19% share price gain to ₹66.30, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 18x in the Metals and Mining industry in India. Total returns to shareholders of 58% over the past three years. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment improved over the past week After last week's 16% share price gain to ₹61.35, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 15x in the Metals and Mining industry in India. Total returns to shareholders of 48% over the past three years. Reported Earnings • Feb 15
Third quarter 2021 earnings released: EPS ₹3.97 (vs ₹1.43 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹2.17b (up 8.0% from 3Q 2020). Net income: ₹235.3m (up 160% from 3Q 2020). Profit margin: 11% (up from 4.5% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹51.75, the stock is trading at a trailing P/E ratio of 6.4x, down from the previous P/E ratio of 7.8x. 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 3.6%. Valuation Update With 7 Day Price Move • Dec 08
Market bids up stock over the past week After last week's 16% share price gain to ₹51.90, the stock is trading at a trailing P/E ratio of 5.5x, up from the previous P/E ratio of 4.7x. 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 2.0%. Is New 90 Day High Low • Nov 24
New 90-day high: ₹45.00 The company is up 3.0% from its price of ₹43.70 on 26 August 2020. The Indian market is up 10.0% 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. Reported Earnings • Nov 11
Second quarter 2021 earnings released: EPS ₹3.45 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₹2.47b (up 40% from 2Q 2020). Net income: ₹214.0m (up 65% from 2Q 2020). Profit margin: 8.7% (up from 7.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year and the company’s share price has also fallen by 18% per year.