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Manaksia Steels NSEI:MANAKSTEEL Stock Report

Last Price

₹61.57

Market Cap

₹3.9b

7D

11.5%

1Y

-24.9%

Updated

20 Jan, 2025

Data

Company Financials

Manaksia Steels Limited

NSEI:MANAKSTEEL Stock Report

Market Cap: ₹3.9b

MANAKSTEEL Stock Overview

Manufactures and sells secondary steel products primarily for housing and infrastructure sectors in India and internationally. More details

MANAKSTEEL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Manaksia Steels Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Manaksia Steels
Historical stock prices
Current Share Price₹61.57
52 Week High₹107.00
52 Week Low₹50.77
Beta0.92
1 Month Change-1.28%
3 Month Change-3.71%
1 Year Change-24.87%
3 Year Change47.83%
5 Year Change396.53%
Change since IPO225.77%

Recent News & Updates

Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Have Hit The Brakes

Oct 15
Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Have Hit The Brakes

Manaksia Steels Limited's (NSE:MANAKSTEEL) Share Price Boosted 31% But Its Business Prospects Need A Lift Too

Sep 18
Manaksia Steels Limited's (NSE:MANAKSTEEL) Share Price Boosted 31% But Its Business Prospects Need A Lift Too

Recent updates

Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Have Hit The Brakes

Oct 15
Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Have Hit The Brakes

Manaksia Steels Limited's (NSE:MANAKSTEEL) Share Price Boosted 31% But Its Business Prospects Need A Lift Too

Sep 18
Manaksia Steels Limited's (NSE:MANAKSTEEL) Share Price Boosted 31% But Its Business Prospects Need A Lift Too

Here's Why Manaksia Steels (NSE:MANAKSTEEL) Can Manage Its Debt Responsibly

Aug 07
Here's Why Manaksia Steels (NSE:MANAKSTEEL) Can Manage Its Debt Responsibly

Returns At Manaksia Steels (NSE:MANAKSTEEL) Appear To Be Weighed Down

Jul 03
Returns At Manaksia Steels (NSE:MANAKSTEEL) Appear To Be Weighed Down

Manaksia Steels' (NSE:MANAKSTEEL) Shareholders May Want To Dig Deeper Than Statutory Profit

Jun 07
Manaksia Steels' (NSE:MANAKSTEEL) Shareholders May Want To Dig Deeper Than Statutory Profit

Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Have Hit The Brakes

Apr 04
Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Have Hit The Brakes

Lacklustre Performance Is Driving Manaksia Steels Limited's (NSE:MANAKSTEEL) 29% Price Drop

Mar 07
Lacklustre Performance Is Driving Manaksia Steels Limited's (NSE:MANAKSTEEL) 29% Price Drop

Manaksia Steels Limited (NSE:MANAKSTEEL) Surges 29% Yet Its Low P/E Is No Reason For Excitement

Jan 19
Manaksia Steels Limited (NSE:MANAKSTEEL) Surges 29% Yet Its Low P/E Is No Reason For Excitement

Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Have Stalled

Dec 28
Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Have Stalled

Is Manaksia Steels (NSE:MANAKSTEEL) A Risky Investment?

Aug 09
Is Manaksia Steels (NSE:MANAKSTEEL) A Risky Investment?

The Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Don't Inspire Confidence

Jun 28
The Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Don't Inspire Confidence

The Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Don't Inspire Confidence

Feb 08
The Returns On Capital At Manaksia Steels (NSE:MANAKSTEEL) Don't Inspire Confidence

Here's Why Manaksia Steels (NSE:MANAKSTEEL) Can Manage Its Debt Responsibly

Jan 12
Here's Why Manaksia Steels (NSE:MANAKSTEEL) Can Manage Its Debt Responsibly

Manaksia Steels' (NSE:MANAKSTEEL) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Nov 22
Manaksia Steels' (NSE:MANAKSTEEL) Sluggish Earnings Might Be Just The Beginning Of Its Problems

We Think Some Shareholders May Hesitate To Increase Manaksia Steels Limited's (NSE:MANAKSTEEL) CEO Compensation

Sep 21
We Think Some Shareholders May Hesitate To Increase Manaksia Steels Limited's (NSE:MANAKSTEEL) CEO Compensation

We Like These Underlying Return On Capital Trends At Manaksia Steels (NSE:MANAKSTEEL)

Jun 28
We Like These Underlying Return On Capital Trends At Manaksia Steels (NSE:MANAKSTEEL)

Should You Be Adding Manaksia Steels (NSE:MANAKSTEEL) To Your Watchlist Today?

Jun 02
Should You Be Adding Manaksia Steels (NSE:MANAKSTEEL) To Your Watchlist Today?

Manaksia Steels (NSE:MANAKSTEEL) Shareholders Will Want The ROCE Trajectory To Continue

Mar 15
Manaksia Steels (NSE:MANAKSTEEL) Shareholders Will Want The ROCE Trajectory To Continue

Here's Why I Think Manaksia Steels (NSE:MANAKSTEEL) Might Deserve Your Attention Today

Feb 23
Here's Why I Think Manaksia Steels (NSE:MANAKSTEEL) Might Deserve Your Attention Today

Investors Will Want Manaksia Steels' (NSE:MANAKSTEEL) Growth In ROCE To Persist

Nov 24
Investors Will Want Manaksia Steels' (NSE:MANAKSTEEL) Growth In ROCE To Persist

If You Like EPS Growth Then Check Out Manaksia Steels (NSE:MANAKSTEEL) Before It's Too Late

Oct 25
If You Like EPS Growth Then Check Out Manaksia Steels (NSE:MANAKSTEEL) Before It's Too Late

Manaksia Steels (NSE:MANAKSTEEL) Could Easily Take On More Debt

Aug 10
Manaksia Steels (NSE:MANAKSTEEL) Could Easily Take On More Debt

Here's Why I Think Manaksia Steels (NSE:MANAKSTEEL) Might Deserve Your Attention Today

Jul 13
Here's Why I Think Manaksia Steels (NSE:MANAKSTEEL) Might Deserve Your Attention Today

Is Manaksia Steels (NSE:MANAKSTEEL) Using Too Much Debt?

Mar 24
Is Manaksia Steels (NSE:MANAKSTEEL) Using Too Much Debt?

Here's Why We Think Manaksia Steels (NSE:MANAKSTEEL) Is Well Worth Watching

Feb 17
Here's Why We Think Manaksia Steels (NSE:MANAKSTEEL) Is Well Worth Watching

How Much Is Manaksia Steels Limited (NSE:MANAKSTEEL) CEO Getting Paid?

Jan 22
How Much Is Manaksia Steels Limited (NSE:MANAKSTEEL) CEO Getting Paid?

Manaksia Steels (NSE:MANAKSTEEL) Could Easily Take On More Debt

Dec 23
Manaksia Steels (NSE:MANAKSTEEL) Could Easily Take On More Debt

Can Manaksia Steels (NSE:MANAKSTEEL) Continue To Grow Its Returns On Capital?

Nov 27
Can Manaksia Steels (NSE:MANAKSTEEL) Continue To Grow Its Returns On Capital?

Key Things To Understand About Manaksia Steels' (NSE:MANAKSTEEL) CEO Pay Cheque

Oct 23
Key Things To Understand About Manaksia Steels' (NSE:MANAKSTEEL) CEO Pay Cheque

Improved Earnings Required Before Manaksia Steels Limited (NSE:MANAKSTEEL) Stock's 25% Jump Looks Justified

Sep 18
Improved Earnings Required Before Manaksia Steels Limited (NSE:MANAKSTEEL) Stock's 25% Jump Looks Justified

Is Manaksia Steels (NSE:MANAKSTEEL) Likely To Turn Things Around?

Aug 24
Is Manaksia Steels (NSE:MANAKSTEEL) Likely To Turn Things Around?

Is Manaksia Steels (NSE:MANAKSTEEL) A Risky Investment?

Jul 20
Is Manaksia Steels (NSE:MANAKSTEEL) A Risky Investment?

Shareholder Returns

MANAKSTEELIN Metals and MiningIN Market
7D11.5%2.2%-0.3%
1Y-24.9%18.4%10.6%

Return vs Industry: MANAKSTEEL underperformed the Indian Metals and Mining industry which returned 18.4% over the past year.

Return vs Market: MANAKSTEEL underperformed the Indian Market which returned 10.6% over the past year.

Price Volatility

Is MANAKSTEEL's price volatile compared to industry and market?
MANAKSTEEL volatility
MANAKSTEEL Average Weekly Movement5.4%
Metals and Mining Industry Average Movement6.1%
Market Average Movement6.3%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: MANAKSTEEL has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: MANAKSTEEL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001192Vineet Agrawalwww.manaksiasteels.com

Manaksia Steels Limited manufactures and sells secondary steel products primarily for housing and infrastructure sectors in India and internationally. The company offers cold rolled sheets used in automobiles rims, general engineering, and furniture applications. It provides galvanized steel sheets for use in the roofing, cladding, insulated panels, automotive body building, white goods, and housing for appliances and storage units, etc. In addition, the company offers hot dipped galvanized steel sheets and coils used in building materials, automobiles, white good industry, and electronics appliances, as well as color coated sheets and coils.

Manaksia Steels Limited Fundamentals Summary

How do Manaksia Steels's earnings and revenue compare to its market cap?
MANAKSTEEL fundamental statistics
Market cap₹3.86b
Earnings (TTM)₹120.43m
Revenue (TTM)₹5.66b

33.5x

P/E Ratio

0.7x

P/S Ratio

Is MANAKSTEEL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MANAKSTEEL income statement (TTM)
Revenue₹5.66b
Cost of Revenue₹4.76b
Gross Profit₹898.35m
Other Expenses₹777.93m
Earnings₹120.43m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.84
Gross Margin15.87%
Net Profit Margin2.13%
Debt/Equity Ratio44.1%

How did MANAKSTEEL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 12:54
End of Day Share Price 2025/01/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Manaksia Steels Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vijay MadunalaFirstCall Research