Manaksia Steels Ltd (MANAKSTEEL) AI Stock Analysis

• Market Cap: ₹4.00B
• Dividend Yield: N/A
• Average Volume (3M): 5.94K
• Price to Earnings (P/E): 26.9
• Beta (1Y): 0.85
• Revenue Growth: 9.32%
• EPS Growth: -26.41%
• Country: IN
• Employees: 192
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Steel
• EPS (TTM): 0.99
• Shares Outstanding: 65,534,050
• 10 Day Avg. Volume: 4,332
• 30 Day Avg. Volume: 5,941
• PEG Ratio: -0.51
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 0.51
• P/FCF Ratio: -5.65
• 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: ₹64.00
• Price Target Upside: 4.39% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 57 Neutral
• Price Target: ₹64.00 ▲(4.39% Upside)

The overall stock score for Manaksia Steels Ltd is driven by mixed financial performance and bearish technical indicators. The company's overvaluation and lack of dividend yield further weigh down the score. Improvements in cash flow management and strategic initiatives to boost revenue growth could enhance the stock's outlook.

Manaksia Steels Ltd Business Overview & Revenue Model

Company Description

Manaksia Steels Ltd (MANAKSTEEL) is a leading manufacturer and exporter in the steel industry, primarily focused on the production and distribution of value-added steel products. The company operates in various sectors including construction, infrastructure, and automotive, offering a diverse range of products such as cold rolled sheets, galvanized steel coils, and color-coated steel. With a commitment to quality and innovation, Manaksia Steels serves both domestic and international markets, positioning itself as a significant player in the steel manufacturing sector.

How the Company Makes Money

Manaksia Steels Ltd generates revenue through the production and sale of its steel products. The company's key revenue streams include the domestic sale of cold rolled sheets, galvanized steel coils, and color-coated steel products, as well as exports to international markets. By leveraging its manufacturing capabilities and strategic partnerships, Manaksia Steels is able to produce high-quality steel products that meet diverse industry standards, allowing it to capture a wide customer base. Additionally, the company may engage in long-term contracts and collaborations with construction and infrastructure companies, further contributing to its revenue generation.

Manaksia Steels Ltd Financial Statement Overview

Summary

Manaksia Steels Ltd shows mixed financial performance with stable cost management but declining revenues and profitability margins. The balance sheet is stable with manageable leverage, but cash flow challenges exist due to high capital expenditures.

Income Statement

Manaksia Steels Ltd has shown a mixed performance in terms of revenue growth and margins. The revenue has declined from the previous year, reflecting a challenging market environment. Despite this, the company maintains a positive net profit margin and EBITDA margin, although both have decreased compared to prior years. The gross profit margin remains stable, indicating efficient cost management.

Balance Sheet

The balance sheet reflects a stable financial position with a moderate debt-to-equity ratio, suggesting manageable leverage. The equity ratio is strong, indicating a solid asset base supported by equity. However, the decline in stockholders' equity over the past year could be a point of concern. The return on equity has decreased, reflecting the pressure on profitability.

Cash Flow

The cash flow statement shows a challenging year with negative free cash flow, primarily due to high capital expenditures. Operating cash flow has improved but remains relatively low compared to net income, indicating potential liquidity challenges. The company needs to focus on improving its cash generation to support future growth and debt servicing.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.93B	6.34B	6.81B	7.42B	6.11B	5.02B
Gross Profit	809.80M	1.00B	1.05B	1.06B	1.40B	1.09B
EBITDA	264.93M	265.81M	530.03M	313.19M	613.58M	466.53M
Net Income	95.50M	97.50M	283.84M	121.85M	353.17M	265.43M
Balance Sheet
Total Assets	0.00	5.37B	5.20B	4.20B	3.50B	3.49B
Cash, Cash Equivalents and Short-Term Investments	638.14M	1.37B	1.75B	1.15B	375.50M	202.60M
Total Debt	0.00	2.06B	1.86B	488.68M	95.45M	670.46M
Total Liabilities	-3.00B	2.47B	2.20B	1.30B	840.49M	1.26B
Stockholders Equity	3.00B	2.89B	3.00B	2.90B	2.66B	2.23B
Cash Flow
Free Cash Flow	0.00	-573.67M	-908.70M	159.36M	-74.70M	349.35M
Operating Cash Flow	0.00	135.30M	-521.50M	241.57M	-5.64M	356.69M
Investing Cash Flow	0.00	-209.54M	-843.54M	-646.54M	572.34M	-707.33M
Financing Cash Flow	0.00	91.65M	1.30B	354.41M	-591.92M	47.50M

Manaksia Steels Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 61.31
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MANAKSTEEL, the sentiment is Negative. The current price of 61.31 is below the 20-day moving average (MA) of 63.02, below the 50-day MA of 62.57, and above the 200-day MA of 59.45, indicating a neutral trend. The MACD of -0.26 indicates Positive momentum. The RSI at 42.16 is Neutral, neither overbought nor oversold. The STOCH value of 13.73 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MANAKSTEEL.

Manaksia Steels Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAHASTEEL	74 Outperform	₹5.50B	67.18		―	2.99%	45.21%
BEDMUTHA	61 Neutral	₹4.53B	39.45		―	29.23%	18.49%
VIKASECO	59 Neutral	₹3.93B	19.65		―	46.03%	113.61%
MANAKSTEEL	57 Neutral	₹4.00B	26.88		―	9.32%	-26.41%
MANORG	53 Neutral	₹4.39B	19.01		―	7.39%	192.35%
Sector *	44 Neutral	C$923.76M	-8.68	-0.23%	2.69%	24.53%	-41.45%
KANORICHEM	43 Neutral	₹3.79B	―		―	10.07%	-34.76%

Manaksia Steels Ltd Corporate Events

Manaksia Steels Ltd Announces Trading Window Closure

Manaksia Steels Ltd has announced the closure of its trading window in compliance with SEBI regulations to prevent insider trading. This closure will be in effect from July 1, 2025, until 48 hours after the announcement of the company’s unaudited financial results for the quarter ending June 30, 2025. This measure is intended to ensure transparency and fairness in trading activities, impacting directors, designated persons, and their immediate relatives.