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Manaksia Steels NSEI:MANAKSTEEL Stock Report

Last Price

₹60.70

Market Cap

₹4.0b

7D

-5.7%

1Y

63.0%

Updated

17 Apr, 2024

Data

Company Financials

Manaksia Steels Limited

NSEI:MANAKSTEEL Stock Report

Market Cap: ₹4.0b

MANAKSTEEL Stock Overview

Manaksia Steels Limited manufactures and sells secondary steel products primarily for housing and infrastructure sectors in India and internationally.

MANAKSTEEL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

Manaksia Steels Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Manaksia Steels
Historical stock prices
Current Share Price₹60.70
52 Week High₹107.00
52 Week Low₹35.35
Beta0.85
1 Month Change11.27%
3 Month Change1.25%
1 Year Change62.95%
3 Year Change168.58%
5 Year Change208.91%
Change since IPO221.16%

Recent News & Updates

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

Recent updates

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
7D-5.7%0.6%-1.5%
1Y63.0%56.1%45.0%

Return vs Industry: MANAKSTEEL exceeded the Indian Metals and Mining industry which returned 56.1% over the past year.

Return vs Market: MANAKSTEEL exceeded the Indian Market which returned 45% over the past year.

Price Volatility

Is MANAKSTEEL's price volatile compared to industry and market?
MANAKSTEEL volatility
MANAKSTEEL Average Weekly Movement11.9%
Metals and Mining Industry Average Movement7.3%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: MANAKSTEEL's share price has been volatile over the past 3 months.

Volatility Over Time: MANAKSTEEL's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
2001182Vineet 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₹3.98b
Earnings (TTM)₹301.01m
Revenue (TTM)₹7.54b

13.2x

P/E Ratio

0.5x

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₹7.54b
Cost of Revenue₹6.31b
Gross Profit₹1.23b
Other Expenses₹932.65m
Earnings₹301.01m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 30, 2024

Earnings per share (EPS)4.59
Gross Margin16.36%
Net Profit Margin3.99%
Debt/Equity Ratio4.7%

How did MANAKSTEEL perform over the long term?

See historical performance and comparison
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