Manaksia Limited (MANAKSIA) AI Stock Analysis

• Market Cap: ₹4.20B
• Dividend Yield: N/A
• Average Volume (3M): 3.74K
• Price to Earnings (P/E): 8.3
• Beta (1Y): 1.16
• Revenue Growth: 51.38%
• EPS Growth: -19.06%
• Country: IN
• Employees: 1,158
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): 1.68
• Shares Outstanding: 65,534,050
• 10 Day Avg. Volume: 4,199
• 30 Day Avg. Volume: 3,737
• PEG Ratio: -0.27
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.54
• P/FCF Ratio: -1.37
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: ₹75.00 ▲(15.35% Upside)

The score is primarily driven by mixed financial performance—declining margins and recently negative operating/free cash flow are key risks, partly offset by a strong, low-debt balance sheet. Technicals are supportive with price above key moving averages and positive MACD, while valuation is helped by a low P/E.

Positive Factors

Low leverage / strong equity ratio

A high equity ratio and low debt profile provide durable financial flexibility, lowering refinancing and insolvency risk. This supports capital allocation for capex or working capital and buffers cyclical downturns in packaging demand over the next several quarters.

Diversified product & customer mix

Serving food, beverage and pharmaceutical customers across domestic and export markets creates stable demand and reduces single-market concentration. Diversified end-markets and client relationships support steady revenue streams and resilience to sector-specific shocks.

Positive EBIT / EBITDA margins

Sustained positive operating margins indicate that core manufacturing operations are profitable even as gross and net margins compress. This operational profitability supports cash generation potential once working capital and cash conversion issues are addressed.

Negative Factors

Negative operating and free cash flow

Recent negative operating and free cash flows signal weakening cash conversion and pressure on liquidity. Over a multi-month horizon this can constrain reinvestment, force reliance on reserves or financing, and limit the firm's ability to fund growth or weather demand shocks.

Declining gross and net margins

Compression of gross and net margins points to rising input costs, pricing pressure or lower operational efficiency. Persistently lower margins reduce available earnings to fund capex, dividends or debt servicing, weakening long-term profitability unless structural fixes occur.

Revenue volatility and falling equity

Volatile revenue and a trend of declining shareholders' equity erode financial resilience and forecasting reliability. Over several quarters this can impair investment planning, raise stakeholder concern, and limit the company's ability to scale or absorb cyclical downturns without external support.

Manaksia Limited Business Overview & Revenue Model

Company Description

Manaksia Limited, together with its subsidiaries, manufactures and sells metal products in India and internationally. The company offers sponge iron and value added steel products comprising cold rolled sheets used in interior and exterior panels of automobiles, buses, and commercial vehicles; galvanised corrugated sheets used in the rural housing sector and factory buildings; galvanised plain sheets used in the manufacture of containers and water tanks; and colour coated (pre-painted) coils and sheets for sale to construction, housing, consumer durable, and other industries. It also provides aluminium rolled products in coil and sheet form used in closures, bus bodies, flooring, and general engineering purposes; colour coated (pre-painted) coils and sheets for the manufacture of heat exchanger fins for air conditioners in the HVAC sector; and aluminium alloy ingots used in the steel and automotive industries. In addition, the company offers roll on pilfer proof closures for liquor and pharmaceutical sectors, as well as crown closures for beer and carbonated soft drink sectors; and kraft, brown, and fluting paper, as well as engages in the wholesale of other machinery and equipment. The company was formerly known as Hindusthan Seals Ltd. Manaksia Limited was incorporated in 1984 and is based in Kolkata, India.

How the Company Makes Money

Manaksia Limited generates revenue through multiple streams primarily by manufacturing and selling its diverse range of packaging products. The company's key revenue sources include the sale of metal containers, such as tin and aluminum packaging, which are in high demand across various sectors. Additionally, Manaksia earns income from its plastic packaging division. The company has established significant partnerships with various clients in the food, beverage, and pharmaceutical industries, which contribute to stable revenue. The company's ability to cater to both domestic and international markets also enhances its earning potential, along with its focus on innovation and quality in product offerings.

Manaksia Limited Financial Statement Overview

Summary

Manaksia Limited exhibits a mixed financial performance. While operational profitability remains, declining revenue and profit margins raise concerns about cost efficiency and market conditions. The balance sheet reflects strong equity and low debt levels, minimizing financial risk. However, negative cash flows highlight potential liquidity challenges and warrant attention to cash management strategies.

Income Statement

The company's gross profit margin has decreased from prior years, indicating a reduction in cost efficiency. Net profit margin also decreased, reflecting potential challenges in maintaining profitability. Revenue growth is volatile with a recent decline, suggesting instability in revenue streams. Despite this, the company maintains positive EBIT and EBITDA margins, indicating operational profitability.

Balance Sheet

The company shows a strong equity position with a high equity ratio, indicating financial stability. The debt-to-equity ratio is low, which minimizes financial risk. However, stockholders' equity has decreased over time, which could be a concern if the trend continues.

Cash Flow

The operating cash flow has turned negative recently, which is concerning for liquidity. Free cash flow also shows a negative trend, suggesting potential cash management issues. The operating cash flow to net income ratio is unfavorable, indicating inefficiencies in converting income into cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.99B	7.31B	7.02B	11.65B	11.74B	8.61B
Gross Profit	1.68B	1.68B	1.94B	1.62B	3.92B	1.15B
EBITDA	941.12M	1.02B	1.26B	2.23B	2.89B	1.34B
Net Income	539.43M	559.77M	755.51M	1.07B	1.83B	596.37M
Balance Sheet
Total Assets	0.00	7.14B	7.22B	13.93B	13.74B	11.72B
Cash, Cash Equivalents and Short-Term Investments	3.49B	3.52B	4.90B	8.65B	8.87B	7.02B
Total Debt	0.00	258.83M	742.31M	582.48M	1.14B	523.59M
Total Liabilities	-5.95B	1.18B	1.42B	2.43B	2.87B	1.94B
Stockholders Equity	5.95B	5.72B	5.50B	11.24B	10.62B	9.56B
Cash Flow
Free Cash Flow	0.00	-2.88B	1.33B	422.35M	1.37B	2.73B
Operating Cash Flow	0.00	-2.75B	1.35B	530.32M	1.40B	2.79B
Investing Cash Flow	0.00	3.58B	3.23B	151.33M	73.33M	-3.02B
Financing Cash Flow	0.00	-681.83M	-159.64M	-906.81M	321.47M	327.82M

Manaksia Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 65.02
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MANAKSIA, the sentiment is Negative. The current price of 65.02 is above the 20-day moving average (MA) of 63.26, above the 50-day MA of 63.73, and below the 200-day MA of 68.43, indicating a neutral trend. The MACD of 0.82 indicates Negative momentum. The RSI at 50.51 is Neutral, neither overbought nor oversold. The STOCH value of 35.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MANAKSIA.

Manaksia Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MANAKSIA	67 Neutral	₹4.20B	8.35	―	―	51.38%	-19.06%
MANAKSTEEL	65 Neutral	₹4.09B	22.69	―	―	49.22%	49.59%
MANORG	62 Neutral	₹4.31B	17.79	―	―	22.53%	237.55%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MANAKCOAT	58 Neutral	₹13.62B	31.40	―	0.04%	18.99%	96.30%
MANAKALUCO	57 Neutral	₹2.52B	39.85	―	0.28%	19.61%	21.47%
GOACARBON	46 Neutral	₹3.55B	-8.03	―	5.02%	-19.25%	-220.20%

Manaksia Limited Corporate Events

Manaksia Limited Opens Special Window for Share Transfer Requests

Manaksia Limited has announced the opening of a special window for the re-lodgement of transfer requests for physical shares. This initiative is in compliance with a circular issued by the Securities and Exchange Board of India (SEBI) and aims to facilitate shareholders in updating their share transfer requests. The notice regarding this special window has been published in major newspapers and is also available on the company’s website, indicating Manaksia’s commitment to ensuring transparency and accessibility for its stakeholders.