Manjushree Technopack Ltd (MANJUSHREE) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 532950 | NSE: MANJUSHREE | Plastic Products | Small Cap

BSE Share Price
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Manjushree Technopack Ltd (MANJUSHREE) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 532950 | NSE: MANJUSHREE | Plastic Products | Small Cap

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M-Cap below 100cr DeciZen not available

Manjushree Technopack stock performance -

Key Ratios
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P/E Ratio (SA):
7.59
Market Cap:
606 Cr.
52-wk low:
446.1
52-wk high:
447.9

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10 Year X-Ray of Manjushree Technopac:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 24.2%17.6%12.3%14.5%15.7%16.2%11.5%10.2%14.3%18.7%-
Value Creation
Index
0.70.3-0.10.00.10.2-0.2-0.30.00.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5436449041,1491,0811,0341,4672,0962,1172,5701,406
Sales YoY Gr.-18.6%40.5%27%-5.9%-4.4%41.9%42.9%1%21.4%-
Adj EPS 8.48.55.57.39.112.311.18.718.114.258.9
YoY Gr.-1.2%-36%33%25.9%34.9%-10.2%-21.5%108.8%-21.6%-
BVPS (₹) 34.743.448.954.267.282131.4138.2146.2164.4125.7
Adj Net
Profit
56.957.736.949.161.883.574.958.812312280
Cash Flow from Ops. 11283.1105124186244170323352344-
Debt/CF from Ops. 1.85.64.43.82.7242.52.12.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 18.9%18.9%20.6%21.4%
Adj EPS 6%9.2%8.7%-21.6%
BVPS18.9%19.6%7.8%12.5%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
27.421.811.814.11516.310.26.412.510.140.6
Op. Profit
Mgn %
26.22821.918.417.62016.21417.615.521.3
Net Profit
Mgn %
10.594.14.35.78.15.12.85.84.75.7
Debt to
Equity
0.91.61.41.31.10.90.80.90.80.7-
Working Cap
Days
13014215515217922418613814514478
Cash Conv.
Cycle
941101171081111058262606217

Recent Performance Summary

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Latest Financials - Manjushree Technopack Ltd.

Standalone Consolidated
TTM EPS (₹) 58.9 52.3
TTM Sales (₹ Cr.) 1,406 1,468
BVPS (₹.) 125.7 10
Reserves (₹ Cr.) 157 -
P/BV 3.56 44.73
PE 7.59 8.56
From the Market
52 Week Low / High (₹) 446.10 / 447.90
All Time Low / High (₹) 2.00 / 98.20
Market Cap (₹ Cr.) 606
Equity (₹ Cr.) 13.6
Face Value (₹) 10
Industry PE 38.3

Management X-Ray of Manjushree Technopac:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Manjushree Technopac - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Manjushree Technopac

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales542.61643.67904.491,148.901,081.131,033.791,467.052,096.342,1172,569.83
Operating Expenses 400.25463.67707.78937.54891.19827.381,231.321,802.831,743.672,172.63
Manufacturing Costs94.27114.57153.57180.84171168.43239.05302.92304.44339.04
Material Costs261.39289.47448.71641.46569.16507.25809.521,251.821,158.631,395.75
Employee Cost 18.2826.6847.9356.0878.5888.10104.49128.63132.12204.83
Other Costs 26.3232.9557.5859.1672.4663.6178.26119.46148.49233.01
Operating Profit 142.36179.99196.71211.36189.94206.42235.73293.51373.33397.20
Operating Profit Margin (%) 26.2%28.0%21.7%18.4%17.6%20.0%16.1%14.0%17.6%15.5%
Other Income 5.773.531.795.2716.4876.7512.2113.3014.20
Interest 15.5926.804241.2542.4339.9849.2178.5491.46122.26
Depreciation 45.3778.53103.7597.9565.3975.4986.24132.82154.88199.33
Exceptional Items 000-0.58023.96-5.56-3.2520.56176.90
Profit Before Tax 87.1778.2052.7476.8598.60121.90101.4791.10160.85266.72
Tax 29.4320.0315.972728.5121.4830.6531.8720.0619.09
Profit After Tax 57.7458.1736.7749.8670.08100.4270.8259.23140.79247.63
PAT Margin (%) 10.6%9.0%4.1%4.3%6.5%9.7%4.8%2.8%6.7%9.6%
Adjusted EPS (₹)8.58.65.47.410.414.810.58.720.828.9
Dividend Payout Ratio (%)5%0%0%0%0%0%32%26%63%37%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 235.45294.16331.21367.19455.56555.61889.90936.64990.221,411.07
Share Capital 13.7213.7213.7213.7213.7213.7213.7213.7213.7217.34
Reserves 221.73280.44317.49353.47441.84541.89876.19922.92976.501,393.73
Minority Interest0000000000
Debt182.62412.71386.70393.91437.68397630.48738.01660.07836.74
Long Term Debt120.84259.81254.96182.17187.58190.42339.23433.91384.41382.37
Short Term Debt61.78152.90131.74211.74250.11206.57291.25304.10275.66454.37
Trade Payables10.5128.1059.7386.5398.64111.52235.07270.46276.18407.69
Others Liabilities 60.59143.59131.68142.73208.05323.56240.23355.05357.84549.83
Total Liabilities 489.17878.57909.33990.361,199.941,387.691,995.682,300.162,284.313,205.34

Fixed Assets

Gross Block503811.28875.43915.951,141.121,221.811,816.182,173.142,303.493,018.42
Accumulated Depreciation239.89320.54426.65514.74564.87634.56711.25837.94975.271,164.88
Net Fixed Assets 263.11490.74448.78401.22576.25587.241,104.931,335.201,328.231,853.53
CWIP 2.6915.8015.9833.2548.3141.5438.2019.9655.4740.64
Investments 00000.012.4712.051619.6822.32
Inventories84.27141.80184.75213.16228.31239.32350.88352.32353.58533.45
Trade Receivables103.66171.71204.43240.83187.21195.39249.86309.73301.07423.75
Cash Equivalents 3.7710.096.787.1313.300.3954.4679.3825.22116.12
Others Assets 31.6848.4348.6094.77146.54321.33185.31187.57201.06215.52
Total Assets 489.17878.57909.33990.361,199.941,387.691,995.682,300.162,284.313,205.34

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 111.7883.11105.05123.58186.20243.55169.75322.57352.41343.52
PBT 87.1778.2052.7476.8597.87121.53101.4791.10160.85266.72
Adjustment 63.41105.80150.02140.06108.11118.66138.93209.70221.05129.79
Changes in Working Capital -5.9-79.88-74.21-54.57-0.3719.19-40.0248.57-3.5-76.65
Tax Paid -32.89-21.02-23.50-38.77-19.40-15.83-30.62-26.81-25.9923.67
Cash Flow From Investing Activity -60.09-320.44-65.47-79.48-150.86-118.69-532.01-315.55-149.32-737.88
Capex -62.19-321.77-66.08-80.67-80.49-92.12-107.45-129.40-122.15-251.42
Net Investments 0000-71.28-27.61-427.86-192.05-32.36-493.64
Others 2.101.330.611.200.911.043.295.915.187.17
Cash Flow From Financing Activity -51.64238.96-41.11-44.04-35.29-125.23411.6121.68-257.06483.30
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -27.43169.9619.07-82.79-38.3127.10-150.87135.193.2429.95
Interest Paid -15.70-22.21-39.02-41.25-42.43-39.19-43.76-94.61-116.25-146.95
Dividend Paid -4.890000-0.01-22.65-15.58-88.20-72.48
Others -3.6291.21-21.168045.44-113.13628.89-3.33-55.85672.78
Net Cash Flow 0.051.63-1.530.060.05-0.3749.3528.70-53.9788.95

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)27.7521.9811.7714.2817.0419.879.86.4914.6220.63
ROCE (%)24.1617.612.2514.5215.7216.1711.510.1914.3418.68
Asset Turnover Ratio1.331.091.051.210.990.80.870.980.920.94
PAT to CFO Conversion(x)1.941.432.862.482.662.432.45.452.51.39
Working Capital Days
Receivable Days54677371726855495351
Inventory Days48556463758373616163
Payable Days14243642597678748689

Manjushree Technopack Ltd Stock News

Manjushree Technopack Ltd FAQs

The current trading price of Manjushree Technopac 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 Manjushree Technopac stood at ₹606.0.
The latest P/E ratio of Manjushree Technopac as of 31-Dec-1969 is 7.59.
The latest P/B ratio of Manjushree Technopac as of 31-Dec-1969 is 3.56.
The 52-week high of Manjushree Technopac is ₹447.9 and the 52-week low is ₹446.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Manjushree Technopac is ₹1,406 ( Cr.) .

About Manjushree Technopack Ltd

Manjushree Technopack Ltd. was originally incorporated as a Private Limited company vide registration No. 2799 of 1987-88 under the provisions of the Companies Act, 1956 on 13th November, 1987 under the name and style of “Manjushree Extrusions Private Limited” with the Registrar of Companies, Assam,Shillong and later by virtue of Special Resolution passed on 12th December,1994 the Company was subsequently converted into a Public Limited Company under section Sec 21/31/44 of the Companies Act, 1956 and received an amended certificate of incorporation and the name of the Company was changed to Manjushree Extrusion Limited.

Manjushree  Extrusions is a packaging solution provider with an experience of over 21/2 decades in providing its customers with cutting edge plastic packaging solutions. With expertise, experience, a young, innovative approach & a dedicated team of qualified professionals, they offer holistic, high value solution for a variety of needs, right from container concept design to  the final production, closures & ready  to market products.

The company had initially set-up a Flexible Packaging unit at Guwahati in the year 1988-89. In the year 1995-96, the Company set-up a unit for manufacturing of PET Containers with an initial installed capacity of 600 MT at Bommasandra Industrial Area, Bangalore at a capital cost of Rs. 8.25 crores which was funded by State Bank of India to the tune of Rs. 3 crores with the balance being raised through a public issue of the company's equity shares including promoters' contribution and internal accruals.

The Company has made a Public Issue of 26,70,000 Equity Shares of Rs. 10/- for cash at a premium of Rs. 2.50 per Share aggregating Rs. 525 lacs in September, 1995 to part finance the project for setting up a unit for the manufacture of PET containers.

In order to cater to growing requirement of PET Containers in various parts of the country, particularly the western and southern sectors, installed capacity of the unit was expanded by an additional 600 MTPA during the year 1998-99. At a total cost of Rs. 4.18 crores, for which the company availed an additional term loan of Rs. 2.75 crores from State Bank of India, while the balance was met out of internal accruals of the company.

The Company enjoys a preferred supplier status in regard to the Specialty Plastic Containers, which are marketed under the brand name of “POLYPET” predominantly to MNC’s in FMCG sector; which assures a consistent market to the company’s products. The major clients of the Company at present include Hindustan Lever, Nestle, Cadbury, Britannia, Glaxo Smith Kline, P&G, Coca Cola, Tata Tea, Goodricke Group, McLeod, Godrej, Nutrine, Wrigley’s, Parry’s, Heinz, P&G, Reckitt etc. Envisaging continuous demand of the Company's entire range of Products viz. 250ml to 750 ml Bottles, 800ml to 2000 ml Jars.

Product range of the company includes:

  • PET - Jars and Bottles
  • PP - Jars and Bottles
  • PET Preforms
  • Co-extruded Multilayer Containers
  • Hot-Fillable PET Bottles
  • Injection Molded Products

Milestone:

  • 1987-  Incorporation of the Company. Flexible Packaging Unit at Guwahati started functioning  to manufacture laminates and other plastic packaging items etc.
  • 1994 - Bangalore Project for manufacturing PET Containers finalized.Converted to public limited Company w.e.f 12th December, 1994Land allotted by Karnataka Industrial Development Board and the construction began.State Bank of India gave in principle clearance.
  • 1995 - Company went Public and was subsequently listed in Guwahati, Ahmedabad andCalcutta Stock Exchanges.Bangalore Unit For PET containers commenced productionMr. Vimal Kedia, Managing Director of Manjushree Extrusions Ltd, received an award from the Addiitonal Secretary & Development Comissioner-SSI, New Delhi for his contribution to the industrial development in North Eastern Region.
  • 1996- Mr. Vimal Kedia, Managing Director of Manjushree Extrusions Ltd received an award from the then President of India, Mr. Sankar Dayal Sharma.
  • 1998 - The first expansion with addition of two more PET ISBM Machines from Japan completed.
  • 1999 - Manjushree started exporting its products to Sri Lanka and Middle East Countries.
  • 2000- Manjushree was awarded with INDIASTAR 2000 (the highest recognition for excellence in Packaging) from Indian Institute of Packaging for their products.
  • 2001 Manjushree was awarded with Asia Star 2000 (Award for Packaging Excellence) from the Asian Packaging Federation for their products.The second expansion with further addition of two more injection moulding machines took place.
  • 2002- Manjushree was awarded with INDIASTAR 2002 (the highest recognition for excellence in Packaging) from Indian Institute of Packaging for their products.
  • 2003 Manjushree started its second unit at Bommasandra Industrial Area with new technology of Multi layer and Hot Fill PET Bottle project.Third expansion at Unit I and 1st expansion at Unit II completed with addition of new equipments and technologies.Manjushree was successfully accredited with ISO certification (ISO 9001:2000) by AQSR International Inc.Manjushree was awarded with INDIASTAR 2004 (the highest recognition for excellence in Packaging) from Indian Institute of Packaging for their products.
  • 2004 - Manjushree was awarded with Asia Star 2000 (Award for Packaging Excellence) from the Asian Packaging Federation for their productsManjushree brings in PPISBM Technology for the first time in the Country for their client namely M/s. GlaxoSmithKline for Horlicks and Boost packaging.Manjushree organized Furturepac Seminar on emerging trends in Rigid Packaging forDairy, Food & RTD Beverages in collaboration with M/s. Indian Plastic Institute and Reliance Industries.
  • 2005 - Manjushree received an award for achieving highest rating in the ranking of India’s Top500 manufacturing small and mid sizes company from Jasubhai Digital Media.

Achievements/ recognition:

  • National Award for Outstanding Entreprenuership
  • Plast India Award
  • ISO 9001:2000 certified
  • AsiaStar 2000 award
  • India Star Award 2004
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