Manaksia Coated Metals & Industries Ltd - Stock Valuation and Financial Performance

BSE: 539046 | NSE: MANAKCOAT | Steel & Iron Products | Small Cap

Manaksia Coated Share Price

37.18 3.38 10.00%
as on 16-Apr'24 16:01

DeciZen - make an informed investing decision on Manaksia Coated

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Manaksia Coated Metals & Industries stock performance -

mw4me loader
P/E Ratio (SA):
29.17
Market Cap:
276.1 Cr.
52-wk low:
14.4
52-wk high:
44.3

Is Manaksia Coated Metals & Industries Ltd an attractive stock to invest in?

1. Is Manaksia Coated Metals & Industries Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Manaksia Coated Metals & Industries Ltd is a below average quality company.

2. Is Manaksia Coated Metals & Industries Ltd undervalued or overvalued?

The key valuation ratios of Manaksia Coated Metals & Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Manaksia Coated Metals & Industries Ltd a good buy now?

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

10 Year X-Ray of Manaksia Coated:

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.
Manaksia Coated Metals & Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 5.5%-2.8%3%2.2%3.7%4.3%7.9%7.9%7.7%6.1%-
Value Creation
Index
-0.6-1.2-0.8-0.8-0.7-0.7-0.4-0.4-0.5-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 168215224255229251246446648652744
Sales YoY Gr.-28.2%4.1%13.8%-10%9.4%-2.1%81.3%45.3%0.6%-
Adj EPS 21.8-1.20.200.4-0.10.90.80.60.41.3
YoY Gr.--105.5%NA-81.8%1000%-118.2%NA-5.8%-24.7%-34.4%-
BVPS (₹) 1,625.312.112.613.213.613.714.415.416.817.518.4
Adj Net
Profit
1.1-81.50.32.9-0.55.65.342.69
Cash Flow from Ops. 13-0.731.419.9-8.2517.420-11.87.8-
Debt/CF from Ops. 4.2-109.71.62.9-14.72.417.87.2-14.624.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 16.3%23.2%38.4%0.6%
Adj EPS -35.9%-1.9%-22.5%-34.4%
BVPS-39.5%5.2%6.7%4.6%
Share Price - 45.7% 41.4% 141.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
2.5-9.51.80.33.3-0.66.15.43.82.37.1
Op. Profit
Mgn %
5.73.55.55.36.89.211.37.55.45.15.4
Net Profit
Mgn %
0.7-3.70.70.11.3-0.22.31.20.60.41.3
Debt to
Equity
0.710.60.71.31.41.41.41.61.7-
Working Cap
Days
14719714212217219323016114117485
Cash Conv.
Cycle
23525203951735350588

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 7.10%

Sales growth is growing at healthy rate in last 3 years 38.39%

Debt to equity has declined versus last 3 years average to 1.65

Sales growth is good in last 4 quarters at 16.47%

Net Profit has been subdued in last 3 years -22.52%

Latest Financials - Manaksia Coated Metals & Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 1.3 1.9
TTM Sales (₹ Cr.) 744 744
BVPS (₹.) 18.4 19
Reserves (₹ Cr.) 129 134
P/BV 2.02 1.96
PE 29.17 19.84
From the Market
52 Week Low / High (₹) 14.35 / 44.33
All Time Low / High (₹) 2.33 / 62.30
Market Cap (₹ Cr.) 276
Equity (₹ Cr.) 7.4
Face Value (₹) 1
Industry PE 26.1

Management X-Ray of Manaksia Coated:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of Manaksia Coated

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales168215224255229251246446648652
Operating Expenses 158208212242214228219412613619
Manufacturing Costs7121011152317253236
Material Costs134164171197168175170340484516
Employee Cost 3779101113131717
Other Costs 14242424211919348150
Operating Profit 971213152327333533
Operating Profit Margin (%) 5.6%3.5%5.5%5.2%6.7%9.1%10.9%7.5%5.4%5.0%
Other Income 0342332285
Interest 454451417192322
Depreciation 4151088109999
Exceptional Items 0000000000
Profit Before Tax 2-11335338127
Tax 1-30223-2232
Profit After Tax 1-730305695
PAT Margin (%) 0.6%-3.4%1.3%0.1%1.2%0.1%2.0%1.4%1.4%0.8%
Adjusted EPS (₹)20.1-1.10.50.00.40.00.71.01.40.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%3%0%4%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 81798287899095101110115
Share Capital 0777777777
Reserves 8173768083838894103108
Minority Interest0000000000
Debt33684150113115126133161178
Long Term Debt1819826596067726677
Short Term Debt144933245455606195102
Trade Payables92394445457087114137195
Others Liabilities 56314147527166847053
Total Liabilities 262217208229300346373432478541

Fixed Assets

Gross Block159163164103168166170170163153
Accumulated Depreciation6682918152230383634
Net Fixed Assets93817396152144140132127119
CWIP 2233453544745514049
Investments 0000101010101010
Inventories494620305087123152200254
Trade Receivables69244443302424464742
Cash Equivalents 03119510152320
Others Assets28302425453022273047
Total Assets 262217208229300346373432478541

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 13-13120-851720-128
PBT 2-11335338127
Adjustment 8201412122224273029
Changes in Working Capital 4-9158-2427-19-15-54-26
Tax Paid 0-10-2-2-1-100-3
Cash Flow From Investing Activity -10-15-13-24-41-46-1-69-8
Capex -10-15-14-21-33-45-3-77-10
Net Investments 0000000000
Others 010-3-8-11112
Cash Flow From Financing Activity -418-20356-12-6-135-4
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 10-11000075-510
Interest Paid -4-6-4-4-6-14-17-19-23-22
Dividend Paid 0000000000
Others -1034-16761251347
Net Cash Flow -13-2-17-7022-4
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)2.48-9.183.610.343.160.35.36.68.484.46
ROCE (%)8.76-3.524.624.825.767.85911.5613.229.97
Asset Turnover Ratio1.390.951.141.280.890.780.681.111.421.28
PAT to CFO Conversion(x)13N/A10.33N/A-2.67N/A1.43.33-1.331.6
Working Capital Days
Receivable Days138755157573935292625
Inventory Days98765032619915511299127
Payable Days12514588829812016910895117

Manaksia Coated Metals & Industries Ltd Stock News

Manaksia Coated Metals & Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Manaksia Coated on 16-Apr-2024 16:01 is ₹37.18.
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 16-Apr-2024 16:01 the market cap of Manaksia Coated stood at ₹276.1.
The latest P/E ratio of Manaksia Coated as of 16-Apr-2024 16:01 is 29.17.
The latest P/B ratio of Manaksia Coated as of 16-Apr-2024 16:01 is 2.02.
The 52-week high of Manaksia Coated is ₹44.33 and the 52-week low is ₹14.35.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Manaksia Coated is ₹743.9 ( Cr.) .

About Manaksia Coated Metals & Industries Ltd

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