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Manilam Industries India Ltd (MANILAM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: MANILAM Laminates/Decoratives | Small Cap | Manilam Industries I Share Price

BSE Share Price
Not Listed

Manilam Industries India Ltd (MANILAM)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: MANILAM Laminates/Decoratives | Small Cap | Manilam Industries I Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹133 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹0.9
TTM Sales
₹104 Cr.
Book Value per Share
₹32.3
P/E Ratio
66.60
Higher than its 5-year historical median
Industry PE
40
Price to Book (P/B)
1.89
Lower than its 5-year historical median
Price to Sales (P/S)
1.28
Higher than its 5-year historical median
EV/EBITDA
16.22
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
24.46%
Outperforms industry median
Return on Capital Employed (ROCE)
17.45%
Outperforms industry median
Return on Assets (ROA)
4.78%
Operating Profit Margin
12.6%
Net Profit Margin
5.27%
Gross Profit Margin
9.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
1.54%
Operating Profit Growth (1 Year)
-
25.39%
Net Profit Growth (1 Year)
-
138.06%
Asset Quality
Promoter Holding
61.93%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹49 Cr.
Equity
₹21.9 Cr.
Face Value
₹10
All Time Low / High
- / -

Manilam Industries India stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Manilam Industries India Ltd a good quality company?
Manilam Industries India Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Manilam Industries India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Manilam Industries India Ltd vs industry peers?
Manilam Industries India Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 1.98%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Manilam Industries India Ltd?
Promoters hold 61.93% of the Manilam Industries India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Manilam Industries India Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Manilam Industries India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'23Mar'24Mar'25TTM
ROCE % 8.7%12.6%17.5%-
Value Creation
Index
-0.4-0.10.3-

Growth Parameters

Sales 148138140104
Sales YoY Gr.--6.9%1.5%-
Adj EPS 0.91.94.40.9
YoY Gr.-107.6%130.9%-
BVPS (₹) 14.516.42132.3
Adj Net
Profit
1.53.17.12
Cash Flow from Ops. -2.9-4.216.5-
Debt/CF from Ops. -21.1-17.53.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANANA1.5%
Adj EPS NANANA130.9%
BVPSNANANA28%
Share Price - - - -

Key Financial Parameters

Mar'23Mar'24Mar'25TTM
Return on
Equity %
6.412.423.63.5
Op. Profit
Mgn %
6.110.212.6NAN
Net Profit
Mgn %
12.25.11.9
Debt to
Equity
2.62.81.8-
Working Cap
Days
02853200
Cash Conv.
Cycle
01651940

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25
Sales148138140
Operating Expenses + 139124122
Manufacturing Costs7811
Material Costs121107100
Employee Cost 857
Other Costs 335
Operating Profit 91418
Operating Profit Margin (%) 6.1%10.2%12.6%
Other Income + 102
Exceptional Items 000
Interest 577
Depreciation 233
Profit Before Tax 2410
Tax 113
Profit After Tax 237
PAT Margin (%) 1.0%2.3%5.3%
Adjusted EPS (₹)1.01.94.6
Dividend Payout Ratio (%)0%0%0%

Valuation of Manilam Industries I - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 232634
Share Capital 222
Reserves 212432
Debt +556755
Long Term Debt242013
Short Term Debt314742
Minority Interest000
Trade Payables423949
Others Liabilities 141721
Total Liabilities 134150159

Fixed Assets

Net Fixed Assets +343329
Gross Block373836
Accumulated Depreciation257
CWIP 000
Investments 000
Inventories394748
Trade Receivables596780
Cash Equivalents 000
Others Assets 121
Total Assets 134150159

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'23Mar'24Mar'25
Cash Flow From Operating Activity + -3-416
PBT 2410
Adjustment 7109
Changes in Working Capital -12-18-2
Tax Paid -0-0-1
Cash Flow From Investing Activity + -5-11
Capex -5-11
Net Investments 000
Others 000
Cash Flow From Financing Activity + 86-17
Net Proceeds from Shares 000
Net Proceeds from Borrowing -7-4-7
Interest Paid -5-7-7
Dividend Paid 000
Others 2016-4
Net Cash Flow -00-0

Financial Ratio

PARTICULARSMar'23Mar'24Mar'25
Ratios
ROE (%)6.5312.4624.46
ROCE (%)8.7312.5617.45
Asset Turnover Ratio1.110.970.91
PAT to CFO Conversion(x)-1.5-1.332.29
Working Capital Days
Receivable Days144.40166.60192.10
Inventory Days96.90114.20124.10
Payable Days126.30138.10160.60

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Manilam Industries India Ltd FAQs

The current trading price of Manilam Industries I on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Manilam Industries I stood at ₹133.3 Cr

The latest P/E ratio of Manilam Industries I as of 31-Dec-1969 is 66.60.

The latest P/B ratio of Manilam Industries I as of 31-Dec-1969 is 1.89.

The 52-week high of Manilam Industries I is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Manilam Industries I is ₹104 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Manilam Industries India Ltd is a below average quality company.

The key valuation ratios of Manilam Industries India Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Manilam Industries India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Manilam Industries India Ltd

Manilam Industries India was incorporated on November 27, 2015 under Part - I (Chapter XXI) of Companies Act 2013 from Partnership firm named ‘B P industries’ with an object of Manufacturing and sale of designer laminate & allied products and Veneer & Plywoods.

The company is engaged in the manufacturing and sale of decorative laminates. The company has manufactured and launched several laminates product collections, including the Artistica Collection, the Vogue Collection, the Dwar Collection and the Magnificent Collection. Apart from the above and in line with market demand and distributor feedback, additional collections including Chromatic Tales, Flute, ECP, Wood & Veneer, and Wall Cladding have also been introduced. These collections cater to both residential and commercial applications, offering a range of designs and finishes. 

In addition to laminates, the company is involved in the trading of plywood, available in different grades and sizes, primarily serving industrial and commercial sectors. The company markets its products under the brand name ‘Manilam’ through a network of over distributors and dealers. Additionally, the company has established Service Depot in Bangalore to facilitate easier access to its products.

Business area of the company

Manilam Industries India is a company specializing in laminates and interior solutions, catering to both residential and commercial sectors. It focuses on producing materials that combine durability, functionality, and aesthetics to enhance interior spaces. It offers a diverse range of laminate sheets designed to enhance interior spaces with durability and style.

Products of the company

Laminates Products

  • 1mm Artistica Collection
  • 0.8mm Vogue Collection
  • 1mm Chromatic Tales
  • 0.8mm Fluted Surfaces
  • 0.9mm Doorskin Collection – Dwar
  • 0.7mm Magnificent Collection

Plywood Products

  • Collection 1 – Club 10X
  • UNAM MR
  • Gold BWP
  • Shuttering Ply

Key awards and achievements

  • 2015: Conversion of M/s B P Industries (partnership firm) into M/s B P Industries (Plyboard) Private Limited and incorporation of the Company as a private limited company under the Companies Act, 2013.
  • 2022: The company received ISO 9001:2015 certification for the first time for establishing and maintaining a robust Quality Management System.
  • 2022: The company received ISO 45001:2018 certification for the first time for implementing an effective Occupational Health and Safety Management System at the workplace.
  • 2023: The company obtained the CE Marking Compliance Certificate (Certificate No. CE-180725- 30IND) for the first time from UKRAS (UK) for High Pressure Decorative Laminates.
  • 2025: Certificate of Registration for IS 2046: 1995 for Decorative Thermosetting Synthetic Resin Bonded Laminated Sheets.

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About MoneyWorks4Me

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