Manali Petrochemicals
Manali Petrochemicals Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Manali Petrochemicals Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Manali Petrochemicals Ltd trades at a P/E of 8.80× and P/B of 0.89×, against the Basic Materials sector median P/E of 8.87×.
Valuation
Profitability
Growth
Financial Health
Manali Petrochemicals Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Manali Petrochemicals Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Manali Petrochemicals Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Manali Petrochemicals Ltd, switchable between annual and quarterly views, consolidated or standalone.
Manali Petrochemicals Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹1,131.93 Cr and reported EPS of ₹7.56.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 765 | 810 | 803 | 1,020 | 1,672 | 1,181 | 1,032 | 897 | 1,022 |
| Other Income | 3 | 12 | 13 | 18 | 18 | 24 | 29 | 25 | 47 |
| Total Income | 768 | 822 | 816 | 1,038 | 1,690 | 1,205 | 1,062 | 922 | 1,070 |
| Cost of Goods Sold (COGS) | 497 | 530 | 562 | 551 | 913 | 839 | 715 | 579 | 685 |
| Gross Profit | 269 | 280 | 241 | 469 | 759 | 342 | 318 | 318 | 337 |
| +Operating Expenses | 172 | 181 | 172 | 173 | 231 | 264 | 273 | 260 | 255 |
| EBITDA | 97 | 99 | 69 | 296 | 529 | 79 | 45 | 58 | 82 |
| +Non-Operating Expenses | 12 | 30 | 14 | 5 | 23 | 32 | 29 | 34 | 116 |
| Profit Before Tax (PBT) | 88 | 113 | 54 | 268 | 511 | 70 | 33 | 42 | 150 |
| +Tax Expense | 30 | 37 | 8 | 67 | 129 | 19 | 14 | 13 | 21 |
| Profit After Tax (PAT) | 58 | 77 | 47 | 201 | 381 | 51 | 19 | 29 | 130 |
| Earnings Per Share (EPS) | 3.37 | 4.48 | 2.71 | 11.70 | 22.16 | 2.95 | 1.12 | 1.70 | 7.56 |
| Diluted Shares Outstanding (Nos.) | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| +Additional Disclosures | 1,177 | 1,253 | 1,320 | 1,311 | 2,080 | 1,981 | 1,748 | 1,472 | 1,739 |
| Sales Growth % | — | 5.86 | -0.89 | 26.96 | 63.99 | -29.35 | -12.61 | -13.10 | 13.96 |
| YoY Sales Growth % | — | 5.86 | -0.89 | 26.96 | 63.99 | -29.35 | -12.61 | -13.10 | 13.96 |
| Material Cost % | 63 | 68 | 68 | 54 | 54 | 74 | 70 | 73 | 53 |
| Employee Cost % | 5 | 5 | 5 | 5 | 4 | 5 | 7 | 8 | 7 |
| Other Cost % | 18 | 17 | 16 | 12 | 10 | 17 | 19 | 21 | 18 |
| OPM % | 13 | 12 | 9 | 29 | 32 | 7 | 4 | 6 | 8 |
| Tax % | 34 | 33 | 14 | 25 | 25 | 28 | 42 | 30 | 14 |
| Profit Growth % | — | 33.06 | -39.44 | 331.30 | 89.37 | -86.70 | -62.08 | 52.58 | 343.38 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 88 | 88 | 55 | 275 | 509 | 55 | 19 | 31 | 48 |
Manali Petrochemicals segment analysis: revenue and profit mix.
Disclosed business segments at Manali Petrochemicals with their share of revenue and profit, switchable between consolidated and standalone reporting.
Manali Petrochemicals discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Manali Petrochemicals Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Manali Petrochemicals Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Manali Petrochemicals Ltd's investment case rests on 8 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Manali Petrochemicals boasts a very low debt-to-equity ratio of 0.12, indicating a robust financial structure and minimal reliance on borrowed capital, which is positive for long-term stability.
The consistent promoter holding of 44.87% demonstrates strong management confidence and a long-term commitment to the business, providing reassurance to potential and existing investors.
The company reported a healthy 10.10% increase in its latest quarterly profit, reaching ₹14.3 crore, suggesting improving operational efficiency and a positive trend in profitability.
With a market capitalization of ₹1281 crore, Manali Petrochemicals holds a significant presence within the petrochemicals sector, indicating substantial investor interest and industry standing.
The broader petrochemicals industry is poised for growth due to increasing demand from various end-user sectors, offering Manali Petrochemicals potential for market expansion and increased sales.
What can break it.
The Return on Equity (ROE) is notably low at 2.92%, and Return on Capital Employed (ROCE) stands at 4.66%, indicating suboptimal efficiency in generating returns from shareholder and total capital.
The stock's P/E ratio of 39.00 is relatively high, especially when compared to its low profitability metrics, suggesting the stock might be overvalued given its current earnings performance.
Foreign Institutional Investor (FII) holding has significantly decreased from 3.05% in June 2022 to 0.44% in September 2025, signaling a notable reduction in foreign investor interest.
The latest quarterly sales showed a decline of 2.39%, reaching ₹235 crore, which could indicate weakening demand or increasing competitive pressures within the company's market segment.
The stock has shown considerable volatility, trading between a 52-week high of ₹81.10 and a low of ₹49.20, which may pose higher risk for investors seeking stable returns.
What would change my mind.
Trim if P/E re-rates above 11 (~1.2× the sector multiple of 8.9). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 11.19. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
Manali Petrochemicals Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Manali Petrochemicals Ltd is highlighted for quick read-across.
Quick Compare
Manali Petrochemicals Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Manali Petrochemicals Ltd — derived from the live tape, not yesterday's close.
Manali Petrochemicals Ltd last traded at ₹65.5 with an intraday range of ₹65.16–₹66.76 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹65.50| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 69.65 | +4.15 | +6.34% |
| R3 | 68.05 | +2.55 | +3.90% |
| R2 | 67.41 | +1.91 | +2.91% |
| R1 | 66.45 | +0.95 | +1.46% |
| PIVOT | 65.81 | 0.31 | 0.47% |
| CURRENT | 65.50 | — | — |
| S1 | 61.65 | -3.85 | -5.87% |
| S2 | 63.25 | -2.25 | -3.43% |
| S3 | 64.21 | -1.29 | -1.97% |
| S4 | 64.85 | -0.65 | -0.99% |
MANALIPETC is trading Below CPR, indicating Bearishness
CPR is Average
Day's range: 65.58 ~ 66.55
Trading Inside opening range
Manali Petrochemicals Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Manali Petrochemicals Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Manali Petrochemicals Ltd stood at 38.2% of traded volume, against a 20-day average of 37.7%.
Manali Petrochemicals announcements: results, concalls, ratings, M&A.
Filings Manali Petrochemicals sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Manali Petrochemicals files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 88 documents below.
Certificate under SEBI (Depositories and Participants) Regulations, 2018
Manali Petrochemicals Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Certificate under SEBI (Depositories and Participants) Regulations, 2018
Manali Petrochemicals Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Press Release
Manali Petrochemicals Limited has informed the Exchange regarding a press release dated April 29, 2026, titled "Press Release dt. 29.04.2026".
General Updates
Manali Petrochemicals Limited has informed the Exchange about General Updates
Disclosure under SEBI Takeover Regulations
Tamilnadu Industrial Development Corporation Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and…
Manali Petrochemicals dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Manali Petrochemicals has declared, sequenced by announce and record date.
Manali Petrochemicals corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Manali Petrochemicals Ltd: business, sector, key facts.
What Manali Petrochemicals Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Manali Petrochemicals Ltd operates in the Basic Materials, listed as NSE: MANALIPETC, BSE: 500268.
Manali Petrochemicals Limited (MPL) is a prominent Indian petrochemical company with a global reach, encompassing operations in India, the United Kingdom, and other international markets. The core of MPL's business lies in the manufacturing and sale of a diverse range of petrochemical products, primarily focusing on propylene glycol and its derivatives. These products serve a wide array of industrial applications, demonstrating MPL's strategic positioning within various sectors.
A significant portion of MPL's production centers around propylene glycol, a versatile chemical employed in numerous industries. Applications include the pharmaceutical, food, flavor, and fragrance sectors, leveraging propylene glycol's properties for diverse purposes. Furthermore, it plays a crucial role in the manufacturing of polyester resins, carbonless paper, and vital automobile consumables like brake fluids and antifreeze liquids, highlighting its contribution to diverse manufacturing processes.
Beyond propylene glycol, MPL manufactures and sells polyether polyol and related products. These are key components in the production of various polyurethane foams, including flexible slabstock, flexible cold cure, rigid, and elastomers. These foams find extensive use in the automotive, refrigeration, adhesive, sealant, coating, furniture, and textile industries, underscoring the breadth of MPL's market penetration.
MPL's product portfolio also includes propylene oxide, a crucial input material utilized in the synthesis of its derivative products. Additionally, the company produces propylene glycol mono methyl ether, a solvent widely used in paints, coatings, and electronics manufacturing. The company also offers specialized polyurethane cast elastomers under the brand name "Neuthane," targeting applications in high-performance vehicles, material handling, and agricultural machinery.
In addition to its manufacturing activities, MPL engages in trading, transaction facilitation, and business and project consultancy services. This diversification beyond its core manufacturing operations broadens the company's revenue streams and reinforces its position within the broader petrochemical landscape. The company's long history, dating back to its incorporation in 1986, underscores its experience and established presence in the industry.
Questions investors ask about Manali Petrochemicals Ltd (MANALIPETC).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Manali Petrochemicals Ltd (MANALIPETC)?
The current share price of Manali Petrochemicals Ltd (MANALIPETC) is ₹65.5. Today, the stock has declined by ₹1.05 (1.58%), trading in a range of ₹65.16 to ₹66.76. The stock opened at ₹66.55 with a trading volume of 3,47,843 shares.
02Is Manali Petrochemicals Ltd stock a good investment for long-term?
Manali Petrochemicals Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,131.93 crores, P/E ratio of 8.80, ROE of 10.94%, and ROCE of 4.66%. The dividend yield stands at 0.74%. 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.
03What is the 52-week high and low price of Manali Petrochemicals Ltd stock?
The 52-week high price of Manali Petrochemicals Ltd (MANALIPETC) is ₹81.1, while the 52-week low is ₹39.13. Currently trading at ₹65.5, the stock is 62.8% away from its 52-week low and 19.2% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Manali Petrochemicals Ltd stock at the current price?
Whether to buy Manali Petrochemicals Ltd stock at ₹65.5 depends on multiple factors. The stock is currently trading with a P/E ratio of 8.80 and P/B ratio of 0.89. Today's performance shows a loss of 1.58%. 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.
05What is the dividend yield of Manali Petrochemicals Ltd and when is the next dividend?
Manali Petrochemicals Ltd offers a dividend yield of 0.74%, which means for every ₹100 invested at the current price of ₹65.5, you can expect to receive approximately ₹0.74 annually as dividends. The face value of the stock is ₹5.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Manali Petrochemicals Ltd?
Manali Petrochemicals Ltd's key financial metrics include: P/E Ratio: 8.80, P/B Ratio: 0.89, ROE: 10.94%, ROCE: 4.66%, Dividend Yield: 0.74%, EPS: ₹7.56, Book Value: ₹74.58, and Debt-to-Equity: 10.69. The company's market cap stands at ₹1,131.93 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Manali Petrochemicals Ltd stock performing today in the market?
Manali Petrochemicals Ltd stock opened at ₹66.55 and is currently trading at ₹65.5, showing a decline of ₹1.05 (1.58%). The intraday high is ₹66.76 and low is ₹65.16. The trading volume stands at 3,47,843 shares, indicating moderate market participation today.
08What is the P/E ratio of Manali Petrochemicals Ltd and what does it indicate?
Manali Petrochemicals Ltd has a Price-to-Earnings (P/E) ratio of 8.80, which means investors are willing to pay ₹8.80 for every ₹1 of earnings. With an EPS of ₹7.56, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Manali Petrochemicals Ltd (MANALIPETC) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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