Manali Petrochemicals Limited (MANALIPETC) AI Stock Analysis

• Market Cap: ₹11.10B
• Dividend Yield: 0.78%
• Average Volume (3M): 45.42K
• Price to Earnings (P/E): 37.1
• Beta (1Y): 0.95
• Revenue Growth: -8.24%
• EPS Growth: 8.89%
• Country: IN
• Employees: 383
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 0.83
• Shares Outstanding: 171,999,240
• 10 Day Avg. Volume: 40,771
• 30 Day Avg. Volume: 45,420
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ₹69.00
• Price Target Upside: 6.93% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 53 Neutral
• Price Target: ₹69.00 ▲(6.93% Upside)

Manali Petrochemicals Limited's overall stock score is primarily influenced by its mixed financial performance, with strong balance sheet metrics but declining revenue and cash flow challenges. Technical analysis suggests short-term bearish momentum, while valuation metrics indicate potential overvaluation.

Manali Petrochemicals Limited Business Overview & Revenue Model

Company Description

Manali Petrochemicals Limited manufactures and sells petrochemical products primarily in India and internationally. It offers propylene oxide, an input material for the propylene glycol, polyether polyol, and related products; and flexible slabstock, flexible cold cure, rigid, and elastomer grade polyols used for various applications in automobile, refrigeration and temperature control, adhesive, sealant, coating, furniture, and textile industries. The company also provides propylene glycol for use in pharmaceuticals, food, flavor, and fragrance industries; and polyester resins, carbonless paper, and automobile consumables, such as brake fluids and anti-freeze liquids. In addition, it offers propylene glycol mono methyl ether, a solvent used in paints and coatings, and electronics industries. Further, the company provides neuthane polyurethane cast elastomers for use in anti-roll bars, limit or bump stops, material handling applications, rollers, harvester components, and idler wheels on track laying tractors, as well as suspensions and shock bushes in buses, trucks, and other high performance vehicles. Additionally, it is involved in the trading, transaction facilitation, and business and project consultancy businesses. Manali Petrochemicals Limited was incorporated in 1986 and is based in Chennai, India.

How the Company Makes Money

Manali Petrochemicals Limited generates revenue through the manufacturing and sale of its primary chemical products: propylene oxide, propylene glycol, and polyols. These products are sold to a diverse customer base across multiple industries, allowing the company to capitalize on varying market demands. The company benefits from its strategic location and distribution network, enabling efficient supply chain management and customer service. Key revenue streams include domestic sales within India and international exports, with the latter contributing to foreign exchange earnings. Additionally, the company may engage in partnerships or collaborations with other chemical manufacturers or distributors to enhance its market reach and product offerings.

Manali Petrochemicals Limited Financial Statement Overview

Summary

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

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 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.97B	8.97B	11.81B	10.31B	16.68B	10.18B
Gross Profit	1.96B	2.18B	3.42B	1.89B	7.47B	4.61B
EBITDA	744.63M	555.00M	1.02B	682.70M	5.38B	2.94B
Net Income	293.00M	293.10M	506.80M	192.10M	3.81B	2.01B
Balance Sheet
Total Assets	14.03B	14.03B	12.74B	13.08B	12.90B	8.87B
Cash, Cash Equivalents and Short-Term Investments	3.33B	3.33B	3.87B	4.43B	6.12B	2.82B
Total Debt	1.29B	1.29B	796.50M	1.03B	868.54M	490.33M
Total Liabilities	3.08B	3.08B	2.30B	2.47B	2.60B	2.07B
Stockholders Equity	10.94B	10.94B	10.44B	10.62B	10.30B	6.80B
Cash Flow
Free Cash Flow	0.00	-1.20B	473.30M	372.80M	3.46B	1.94B
Operating Cash Flow	0.00	-189.90M	918.60M	629.90M	3.73B	2.18B
Investing Cash Flow	0.00	-1.55B	-2.66B	-816.40M	-131.19M	-142.46M
Financing Cash Flow	0.00	-2.30M	-643.00M	-68.20M	-261.45M	-282.19M

Manali Petrochemicals Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 64.53
• 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:MANALIPETC, the sentiment is Negative. The current price of 64.53 is below the 20-day moving average (MA) of 69.30, below the 50-day MA of 68.47, and above the 200-day MA of 62.45, indicating a neutral trend. The MACD of -0.50 indicates Positive momentum. The RSI at 36.84 is Neutral, neither overbought nor oversold. The STOCH value of 6.33 is Positive, 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	67 Neutral	14.13B	21.62	10.88%	0.46%	16.35%	55.49%
IGPL	64 Neutral	12.94B	21.53	8.12%	2.38%	-1.78%	56.00%
TNPL	54 Neutral	10.37B	-40.53	0.18%	2.00%	-0.66%	-125.23%
MANALIPETC	53 Neutral	₹11.10B	37.07	―	0.78%	-8.24%	8.89%
BODALCHEM	52 Neutral	7.87B	26.93	1.67%	―	19.75%	845.31%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%