Manaksia Steels Limited

NSEI:MANAKSTEEL Stock Report

Market Cap: ₹3.9b

Manaksia Steels Past Earnings Performance

Past criteria checks 5/6

Manaksia Steels has been growing earnings at an average annual rate of 21.8%, while the Metals and Mining industry saw earnings growing at 27.5% annually. Revenues have been growing at an average rate of 4.8% per year. Manaksia Steels's return on equity is 9.7%, and it has net margins of 4%.

Key information

21.8%

Earnings growth rate

21.8%

EPS growth rate

Metals and Mining Industry Growth25.9%
Revenue growth rate4.8%
Return on equity9.7%
Net Margin4.0%
Next Earnings Update30 May 2024

Recent past performance updates

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?

Revenue & Expenses Breakdown
Beta

How Manaksia Steels makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:MANAKSTEEL Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 237,5393012120
30 Sep 237,7622812200
30 Jun 237,6622172220
31 Mar 237,4241222270
31 Dec 227,0841632300
30 Sep 227,1512152270
30 Jun 226,6732482210
31 Mar 226,1093532170
31 Dec 215,2593272140
30 Sep 214,7573162150
30 Jun 215,3453622130
31 Mar 215,0422652130
31 Dec 205,1182532150
30 Sep 205,6972102200
30 Jun 205,140952270
31 Mar 205,364862180
31 Dec 196,122332040
30 Sep 196,369431870
30 Jun 196,309591670
31 Mar 196,879831680
31 Dec 186,5451031730
30 Sep 185,7891081590
30 Jun 185,7791461440
31 Mar 185,0341561270
31 Dec 174,4831541030
30 Sep 174,095130890
30 Jun 173,956118760
31 Mar 173,34090700
31 Dec 163,00661590
30 Sep 162,79141540
30 Jun 162,75830530
31 Mar 162,89350500
31 Dec 152,68261570
30 Sep 152,65970650
30 Jun 152,75972650
31 Mar 153,29382700
31 Mar 142,125105340

Quality Earnings: MANAKSTEEL has high quality earnings.

Growing Profit Margin: MANAKSTEEL's current net profit margins (4%) are higher than last year (2.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MANAKSTEEL's earnings have grown significantly by 21.8% per year over the past 5 years.

Accelerating Growth: MANAKSTEEL's earnings growth over the past year (84.1%) exceeds its 5-year average (21.8% per year).

Earnings vs Industry: MANAKSTEEL earnings growth over the past year (84.1%) exceeded the Metals and Mining industry 23.8%.


Return on Equity

High ROE: MANAKSTEEL's Return on Equity (9.7%) is considered low.


Return on Assets


Return on Capital Employed


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