Manaksia Steels Ltd (MANAKSTEEL) AI Stock Analysis

• Market Cap: ₹3.72B
• Dividend Yield: N/A
• Average Volume (3M): 2.10K
• Price to Earnings (P/E): 25.5
• Beta (1Y): 0.77
• Revenue Growth: 49.22%
• EPS Growth: 49.59%
• Country: IN
• Employees: 192
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 0.69
• Shares Outstanding: 65,534,050
• 10 Day Avg. Volume: 423
• 30 Day Avg. Volume: 2,098
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: ₹68.00 ▲(7.34% Upside)

Manaksia Steels Ltd's overall stock score reflects a mixed financial performance with stable cost management but declining revenues and profitability. Technical analysis shows positive momentum, but valuation concerns due to a high P/E ratio and lack of dividend yield weigh on the score.

Positive Factors

Stable Cost Management

Efficient cost management helps maintain profitability even in challenging market conditions, supporting long-term financial health.

Solid Asset Base

A solid asset base with manageable leverage provides financial stability and supports future growth opportunities.

Positive Net Profit Margin

Maintaining a positive net profit margin indicates resilience and the ability to generate profits even in tough market conditions.

Negative Factors

Declining Revenues

Declining revenues can impact long-term growth prospects and may indicate challenges in market demand or competitive positioning.

Negative Free Cash Flow

Negative free cash flow limits the company's ability to invest in growth and meet debt obligations, impacting financial flexibility.

Decreased Return on Equity

A decrease in return on equity suggests reduced efficiency in generating profits from shareholders' investments, affecting investor confidence.

Manaksia Steels Ltd Business Overview & Revenue Model

Company Description

Manaksia Steels Ltd (MANAKSTEEL) is a leading player in the steel manufacturing sector, specializing in the production of a wide range of steel products including galvanized steel sheets, color-coated sheets, and other value-added steel products. The company operates primarily in the construction and infrastructure sectors, catering to both domestic and international markets. With a commitment to quality and innovation, Manaksia Steels aims to address the diverse needs of its customers through its advanced manufacturing processes and sustainable practices.

How the Company Makes Money

Manaksia Steels generates revenue primarily through the sale of its steel products, which are supplied to various industries such as construction, automotive, and consumer goods. The company's revenue model is anchored on the production and distribution of galvanized and color-coated steel sheets, which are in high demand due to their durability and aesthetic appeal. Key revenue streams include direct sales to end-users, contracts with large construction firms, and partnerships with distributors and wholesalers. Additionally, fluctuations in steel prices in the global market can impact revenue, and the company may benefit from strategic alliances or joint ventures that enhance its market reach and operational efficiency.

Manaksia Steels Ltd Financial Statement Overview

Summary

Manaksia Steels Ltd faces a mixed financial landscape. The company demonstrates effective cost management and maintains a solid asset base, but declining revenues and profitability margins highlight challenges in the operational environment. The balance sheet remains stable, but cash flow management needs improvement to ensure long-term financial health.

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	6.87B	6.34B	6.81B	7.42B	6.11B	5.02B
Gross Profit	1.20B	1.00B	1.05B	1.06B	1.40B	1.09B
EBITDA	333.63M	265.81M	530.03M	301.43M	613.58M	466.53M
Net Income	146.06M	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	1.35B	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	-2.89B	2.47B	2.20B	1.30B	840.49M	1.26B
Stockholders Equity	2.89B	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: Positive
• Last Price: 63.35
• 50DMA: Positive
• 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 Positive. The current price of 63.35 is above the 20-day moving average (MA) of 60.61, above the 50-day MA of 60.13, and above the 200-day MA of 58.80, indicating a bullish trend. The MACD of 0.66 indicates Positive momentum. The RSI at 49.25 is Neutral, neither overbought nor oversold. The STOCH value of 17.82 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MANAKSTEEL.

Manaksia Steels Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MANAKSTEEL	65 Neutral	₹3.72B	25.48	―	―	49.22%	49.59%
MAHASTEEL	63 Neutral	₹9.95B	117.54	―	―	11.83%	124.74%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
BEDMUTHA	54 Neutral	₹4.07B	35.45	―	―	34.36%	-100.15%
MANORG	54 Neutral	₹4.33B	18.68	―	―	22.53%	237.55%
VIKASECO	52 Neutral	₹2.79B	28.78	―	―	7.61%	-50.76%
KANORICHEM	41 Neutral	₹3.37B	-4.50	―	―	-1.30%	-27.85%

Manaksia Steels Ltd Corporate Events

Manaksia Steels Reports Robust Growth Amid Seasonal Slowdown

Manaksia Steels Limited reported significant growth in its financial performance for the quarter and half-year ending September 30, 2025, despite industry-wide slowdowns due to seasonal factors. The company achieved over 150% year-on-year growth in sales, driven by expanded capacity and stronger market outreach. The newly commissioned Aluzinc-Coated Steel Line contributed to increased volumes and profitability, with expectations of margin recovery in upcoming quarters.

Manaksia Steels Opens Special Window for Physical Share Transfers

Manaksia Steels Ltd has announced the opening of a special window for the re-lodgement of transfer requests for physical shares, as per the regulations of the Securities and Exchange Board of India. This initiative aims to facilitate shareholders in managing their physical share transfers more efficiently, reflecting the company’s commitment to adhering to regulatory requirements and enhancing shareholder services.

Manaksia Steels Ltd Announces 24th Annual General Meeting

Manaksia Steels Ltd has announced its 24th Annual General Meeting (AGM) scheduled for September 23, 2025, which will be conducted via video conferencing. The AGM will address routine business matters, such as the adoption of financial statements and the re-appointment of a director. Additionally, the company plans to appoint M/s MKB & Associates as Secretarial Auditors for a five-year term and ratify the remuneration of its Cost Auditors. This meeting is part of the company’s compliance with SEBI regulations and aims to ensure transparency and accountability in its operations.