Manali Petrochemicals Limited (MANALIPETC) AI Stock Analysis

• Market Cap: ₹11.34B
• Dividend Yield: 0.77%
• Average Volume (3M): 37.05K
• Price to Earnings (P/E): 23.4
• Beta (1Y): 1.03
• Revenue Growth: -2.41%
• EPS Growth: 178.19%
• Country: IN
• Employees: 383
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 1.05
• Shares Outstanding: 171,999,240
• 10 Day Avg. Volume: 26,935
• 30 Day Avg. Volume: 37,052
• PEG Ratio: 0.66
• Price to Book (P/B): 0.92
• Price to Sales (P/S): 1.12
• P/FCF Ratio: -8.41
• 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: 49 Neutral
• Price Target: ₹65.00 ▼(-0.21% Downside)

The overall stock score of 49 reflects the company's mixed financial performance, bearish technical indicators, and relatively high valuation. The strong balance sheet is a positive factor, but declining revenues and cash flow issues are significant concerns. Technical analysis indicates weak market momentum, and the valuation suggests potential overvaluation.

Positive Factors

Strong Balance Sheet

A strong balance sheet with low leverage enhances financial stability and provides flexibility for strategic investments and growth.

Product Innovation

Innovation in product development supports competitive advantage and allows the company to maintain pricing power, driving long-term revenue growth.

Market Diversification

Diversification across markets reduces dependency on a single region, mitigating risks and enhancing revenue stability over time.

Negative Factors

Declining Revenue

Declining revenue indicates potential challenges in market demand or competition, which may impact long-term profitability and growth prospects.

Cash Flow Challenges

Negative cash flow suggests operational inefficiencies and may limit the company's ability to invest in growth opportunities or manage liabilities effectively.

Decreasing Profit Margins

Decreasing profit margins can erode profitability, affecting the company's ability to reinvest in business operations and sustain competitive positioning.

Manali Petrochemicals Limited Business Overview & Revenue Model

Company Description

Manali Petrochemicals Limited (MANALIPETC) is a leading manufacturer of petrochemical products in India, primarily engaged in the production of specialty chemicals and polymers. Established in 1986, the company operates in sectors such as automotive, construction, and consumer goods, offering a diverse range of products including polyols, polyurethane systems, and other specialty chemicals. With a strong focus on innovation and sustainability, Manali Petrochemicals serves both domestic and international markets, contributing significantly to the petrochemical industry's growth.

How the Company Makes Money

Manali Petrochemicals generates revenue through the production and sale of its core products, including polyols and specialty chemicals. The company has established a robust revenue model based on direct sales to various industries, including automotive, construction, and consumer goods sectors. Key revenue streams include the sale of polyurethane products, which are utilized in various applications such as insulation, adhesives, and coatings. Additionally, MANALIPETC benefits from strategic partnerships with major companies in its sector, enhancing its market reach and operational efficiency. The company's focus on innovation and product development also allows it to command premium pricing for specialized products, further contributing to its earnings.

Manali Petrochemicals Limited Financial Statement Overview

Summary

Manali Petrochemicals Limited exhibits a mixed financial performance. The balance sheet is strong with low leverage, but the income statement shows declining revenue and profitability margins. Cash flow challenges highlight the need for strategic improvements.

Income Statement

Manali Petrochemicals Limited has shown fluctuating revenue over the years, with a notable decline in the most recent years. The gross profit margin has decreased, indicating rising costs or pricing pressures. However, the company maintains a positive net profit margin, albeit lower than previous years, suggesting some efficiency in managing expenses despite revenue challenges.

Balance Sheet

The company's balance sheet reflects strong equity with a declining debt-to-equity ratio, indicating reduced financial leverage. The equity ratio is healthy, showcasing stability and financial robustness. Nevertheless, the declining total assets in recent years may warrant attention to asset management strategies.

Cash Flow

Cash flow performance has deteriorated, with negative free cash flow in the latest period, indicating challenges in generating cash from operations. The operating cash flow to net income ratio has also turned negative, pointing to potential inefficiencies or operational issues. Previous periods showed better cash generation, highlighting the need for improved cash flow management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.91B	8.97B	10.31B	11.75B	16.68B	10.18B
Gross Profit	2.46B	2.18B	1.89B	3.42B	7.47B	4.61B
EBITDA	782.02M	555.00M	682.70M	1.02B	5.38B	2.94B
Net Income	306.20M	293.10M	192.10M	506.80M	3.81B	2.01B
Balance Sheet
Total Assets	0.00	14.03B	13.08B	12.74B	12.90B	8.87B
Cash, Cash Equivalents and Short-Term Investments	3.33B	3.25B	4.43B	3.79B	6.12B	2.82B
Total Debt	0.00	1.29B	1.03B	832.30M	868.54M	490.33M
Total Liabilities	-10.94B	3.08B	2.47B	2.30B	2.60B	2.07B
Stockholders Equity	10.94B	10.94B	10.62B	10.44B	10.30B	6.80B
Cash Flow
Free Cash Flow	0.00	-1.20B	372.80M	473.30M	3.46B	1.94B
Operating Cash Flow	0.00	-189.90M	629.90M	918.60M	3.73B	2.18B
Investing Cash Flow	0.00	-1.55B	-816.40M	-2.66B	-131.19M	-142.46M
Financing Cash Flow	0.00	-2.30M	-68.20M	-643.00M	-261.45M	-282.19M

Manali Petrochemicals Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 65.14
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MANALIPETC, the sentiment is Negative. The current price of 65.14 is below the 20-day moving average (MA) of 68.39, below the 50-day MA of 69.00, and above the 200-day MA of 64.07, indicating a neutral trend. The MACD of -1.37 indicates Positive momentum. The RSI at 36.81 is Neutral, neither overbought nor oversold. The STOCH value of 28.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MANALIPETC.

Manali Petrochemicals Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHREEPUSHK	68 Neutral	₹12.74B	19.07	―	0.50%	28.67%	50.12%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KOTHARIPET	60 Neutral	₹8.57B	13.38	―	0.77%	-4.92%	1.29%
IGPL	59 Neutral	₹12.62B	38.83	―	2.56%	-10.71%	-40.89%
TNPL	55 Neutral	₹10.58B	-52.70	―	2.08%	4.65%	-127.24%
BODALCHEM	52 Neutral	₹6.84B	19.30	―	―	15.56%	2114.71%
MANALIPETC	49 Neutral	₹11.34B	23.35	―	0.77%	-2.41%	178.19%

Manali Petrochemicals Limited Corporate Events

Manali Petrochemicals Announces Sale of Notedome Limited

Manali Petrochemicals Limited announced the sale of its entire stake in Notedome Limited, a wholly owned material step-down subsidiary, through its overseas subsidiary AMCHEM, SG. This transaction involves a Share Purchase Agreement with C.O.I.M. S.p.A., marking a strategic move in the company’s diversification and disinvestment efforts. The sale is expected to impact the company’s operational focus and potentially alter its industry positioning, with further updates to be provided as the transaction progresses.

Manali Petrochemicals Announces Postal Ballot for Strategic Decisions

Manali Petrochemicals Limited has announced a postal ballot to seek shareholder approval for two significant resolutions: the appointment of Mr. Anand Raghavan as an Independent Director and the sale of a wholly-owned step-down material subsidiary. This move, approved by the Board of Directors, is part of the company’s strategic decisions to enhance its governance and streamline its operations, potentially impacting its market positioning and stakeholder interests.

Manali Petrochemicals Schedules AGM and Releases Annual Report

Manali Petrochemicals Limited announced the scheduling of its 39th Annual General Meeting on September 16, 2025, and released its Annual Report for the financial year 2024-25. The report, which includes the Business Responsibility and Sustainability Report, will be distributed to shareholders and other entitled parties via email, with physical copies available upon request. This announcement underscores the company’s commitment to transparency and stakeholder engagement, potentially impacting its market perception positively.

Manali Petrochemicals Reports Q1 2025 Financial Results

Manali Petrochemicals Limited announced its unaudited financial results for the quarter ended June 30, 2025, reporting a consolidated income of Rs. 243 crore. The company’s performance was bolstered by cost optimization and a strategic product mix, which helped maintain margins despite revenue pressures from lower-priced imports. Additionally, the strong performance of its overseas subsidiaries contributed to the overall profitability.