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Manaksia Steels Ltd

Manaksia Steels

Small Cap•236 Employees•IPO 2015
Current Price
₹75.63
-5.13 (-6.35%)Updated
NSE :MANAKSTEEL
BSE :539044
Sector :Metals & Mining
Today's Range
73.16
₹75.63
indicator
82.9
52 Week Range
52W Low₹45.11
52W High₹87.13
₹75.63
indicator
Downside67.66%
Upside15.21%
chart iconChart

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

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Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
₹396.87 Cr
Market Cap
Total market value of company
P/E Ratio
15.68
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
1.27
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
₹3.87
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
3.10%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
4.23%
ROCE
Return on Capital Employed. >15% is good
Net Margin
2.52%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
2.53%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
3.41%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
31.70%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
253.00%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
0.71
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
₹44.15
Book Value
Net asset value per share
Dividend Yield
-%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
74.80%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

3 points
  • •The company exhibits strong promoter confidence with a substantial 74.75% promoter holding, indicating stable leadership and a long-term commitment to the business's future.
  • •Manaksia Steels demonstrated exceptional quarterly profit growth, surging by an impressive 253% year-over-year, reflecting strong operational performance and improved profitability.

Weaknesses

5 points
  • •The company's Return on Equity (ROE) at 3.38% and Return on Capital Employed (ROCE) at 4.23% are quite low, suggesting inefficient capital utilization compared to industry benchmarks.
  • •Manaksia Steels currently offers no dividend yield (0.00%), which might deter income-focused investors seeking regular returns from their equity investments.

Opportunities

3 points
  • •Operating in the 'Iron & Steel' sector, the company can capitalize on the broader 'Metals & Mining' industry expansion, driven by infrastructure development and industrial demand.
  • •With a P/E ratio of 25.80, Manaksia Steels appears undervalued compared to the sector P/E of 39.54, potentially offering room for re-rating as performance improves.

Threats

4 points
  • •The company faces stiff competition from larger, more established peers like JSW Steel and Tata Steel, which possess greater market share and operational efficiencies.
  • •As a steel manufacturer, Manaksia Steels is susceptible to significant fluctuations in raw material prices, which can directly impact its production costs and profit margins.

Segment-wise Financial Analysis

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Shareholding Pattern

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Company Insider Trading Activity

No insider trading data available

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

LevelPriceDistance% Change
R4₹100.78+₹25.15+33.25%
R3₹91.04+₹15.41+20.38%
R2₹86.97+₹11.34+14.99%
R1₹81.30+₹5.67+7.50%
PIVOT₹77.231.602.12%
CURRENT₹75.63--
S1₹52.08-₹23.55-31.14%
S2₹61.82-₹13.81-18.26%
S3₹67.49-₹8.14-10.76%
S4₹71.56-₹4.07-5.38%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: N/AP: N/ATC: N/A
R1
R2
R3
R4
indicator
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume
1.97L
(24 Apr 2026)
-3.3% vs avg
Delivery %
42.0%
(24 Apr 2026)
-17.5% vs avg
Avg Volume (20D)
2.04L
(24 Mar - 24 Apr)
20-day average
Avg Delivery %
59.5%
(24 Mar - 24 Apr)
Trend ↓
Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap
JSW Steel Ltd
3.04L ₹ Cr
Best Profit Growth
JSW Steel Ltd
166.00 %
Highest Dividend Yield
Geekay Wires Ltd
1.26 %

Peer Comparison

Company Name
BEDMUTHA
Bedmutha Industries Ltd
DPWIRES
D P Wires Ltd
GEEKAYWIRE
Geekay Wires Ltd
JSWSTEEL
JSW Steel Ltd
SALSTEEL
S.A.L Steel Ltd
SHAH
Shah Metacorp Ltd
SURAJLTD
Suraj Ltd
TIRUPATIFL
VISASTEEL
Visa Steel Ltd
VRAJ
Vraj Iron & Steel Ltd

About

MANAKSTEEL

Manaksia Steels Ltd

Manaksia Steels Limited is a manufacturer and seller of secondary steel products, catering primarily to the housing and infrastructure sectors both domestically within India and internationally. Their core business revolves around the production and distribution of various steel sheet types, each tailored to specific applications across numerous industries.

A significant portion of Manaksia Steels' product portfolio consists of cold rolled sheets. These sheets find extensive use in diverse applications, including automobile rims, general engineering projects, and the production of furniture. The company's expertise extends to the provision of galvanized steel sheets, a crucial component in roofing, cladding, insulated panels, automotive body building, white goods manufacturing, and the construction of housing units, including appliances and storage solutions.

Further enhancing their product range, Manaksia Steels also produces and supplies hot dipped galvanized steel sheets and coils. These products are vital building materials employed across several sectors, including automotive manufacturing, the white goods industry, and the creation of electronics appliances. Completing their comprehensive offering, they also provide color coated sheets and coils, offering added aesthetic appeal and protective coatings for various applications.

In essence, Manaksia Steels' business model focuses on providing a diverse range of secondary steel products to meet the varied demands of multiple industries. Their strong position within the Indian market, coupled with their international reach, demonstrates their success in supplying essential materials for housing, infrastructure, and various manufacturing processes. The company's longevity, having been incorporated in 2001 and based in Kolkata, underscores their experience and established presence within the steel industry.

COMPANY FACTS - MANAKSTEEL

Registered Address

Turner Morrison Building, 6 Lyons Range, 1st Floor

Kolkata

WEST BENGAL

IN

Tel: 913322310055

Website:https://www.manaksia.com/steel_div.php

Investor Relations:http://www.manaksiasteels.com/web/annual-report
Company Details

Group: Materials

Sector: Materials

Industry: Metals & Mining

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 236

IPO Date: 30/03/2015

MANAGEMENT - MANAKSTEEL

Mr. Govind Lal Muchhal

President - Marketing and Sales

Mr. Vineet Agrawal

Chief Executive Officer

Mr. Rajesh Singhania

Chief Financial Officer

Mr. Ajay Sharma

Compliance Officer, Company Secretary

Mr. Anirudha Guha

Vice President

Mr. Varun Agrawal

Managing Director, Executive Director

Shri. Suresh Agrawal

Non-Executive Director

Mr. Mrinal Pal

Non-Executive Director

Mrs. Nidhi Baheti

Non-Executive Independent Director

Mr. Biswanath Bhattacharjee

Additional Non-Executive Independent Director

Mr. Ramesh Maheshwari

Additional Non-Executive Independent Director

Investor Questions Answered

Manaksia Steels Ltd (MANAKSTEEL) Stock FAQs

Get answers to the most common questions about Manaksia Steels Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Manaksia Steels Ltd (MANAKSTEEL) is ₹75.63. Today, the stock has declined by ₹5.13 (6.35%), trading in a range of ₹73.16 to ₹82.9. The stock opened at ₹80.95 with a trading volume of 1,97,151 shares.
Manaksia Steels Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹396.87 crores, P/E ratio of 15.68, ROE of 3.10%, and ROCE of 4.23%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
The 52-week high price of Manaksia Steels Ltd (MANAKSTEEL) is ₹87.13, while the 52-week low is ₹45.11. Currently trading at ₹75.63, the stock is 72.6% away from its 52-week low and 13.2% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Manaksia Steels Ltd stock at ₹75.63 depends on multiple factors. The stock is currently trading with a P/E ratio of 15.68 and P/B ratio of N/A. Today's performance shows a loss of 6.35%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
Manaksia Steels Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹75.63, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Manaksia Steels Ltd's key financial metrics include: P/E Ratio: 15.68, P/B Ratio: N/A, ROE: 3.10%, ROCE: 4.23%, Dividend Yield: 0.00%, EPS: ₹3.87, Book Value: ₹44.15, Debt-to-Equity: 0.71, and Current Ratio: N/A. The company's market cap stands at ₹396.87 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Manaksia Steels Ltd stock opened at ₹80.95 and is currently trading at ₹75.63, showing a decline of ₹5.13 (6.35%). The intraday high is ₹82.9 and low is ₹73.16. The trading volume stands at 1,97,151 shares, indicating moderate market participation today.
Manaksia Steels Ltd has a Price-to-Earnings (P/E) ratio of 15.68, which means investors are willing to pay ₹15.68 for every ₹1 of earnings. With an EPS of ₹3.87, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
Manaksia Steels Ltd has a market capitalization of ₹396.87 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹75.63) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Manaksia Steels Ltd has a book value of ₹44.15 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹75.63, which is 71.3% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Manaksia Steels Ltd has a Return on Equity (ROE) of 3.10% and Return on Capital Employed (ROCE) of 4.23%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.
Manaksia Steels Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Manaksia Steels Ltd has a debt-to-equity ratio of 0.71, which measures the company's financial leverage by comparing total debt to shareholders' equity. This moderate ratio indicates balanced use of debt and equity. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Manaksia Steels Ltd has an Earnings Per Share (EPS) of ₹3.87, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹75.63 and P/E ratio of 15.68, investors are paying 15.68 times the annual earnings per share. The company may need to improve its earnings performance. Track EPS growth over quarters to assess earnings momentum.
Manaksia Steels Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Manaksia Steels Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Manaksia Steels Ltd stock, consider: 1) Fundamental Analysis - Review P/E (15.68), ROE (3.10%), debt-to-equity (0.71), and growth rates. 2) Technical Analysis - Check 52-week range (₹45.11 - ₹87.13), moving averages, and chart patterns. 3) Valuation - Compare current price (₹75.63) with book value (₹44.15) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Manaksia Steels Ltd share is ₹1.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹75.63 is 7463x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Manaksia Steels Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹45.11 - ₹87.13). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.71 indicates leverage. 4) Liquidity Risk - Based on trading volume of 1,97,151 shares. 5) Valuation Risk - P/E of 15.68 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Manaksia Steels Ltd operates in the industry with key metrics: P/E ratio of 15.68, ROE of 3.10%, market cap of ₹396.87 crores, and dividend yield of 0.00%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.71), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Manaksia Steels Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹75.63, with a 52-week range of ₹45.11 to ₹87.13. Based on fundamentals like P/E (15.68), ROE (3.10%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Manaksia Steels Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹75.63. 2) Fundamental Deterioration - Declining ROE (currently 3.10%), increasing debt (D/E: 0.71), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Manaksia Steels Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.00%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.

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