On 6 Nov 2026, Manaksia was priced at ₹59.65, or 6.2× trailing earnings, against an industry P/E of 25.1×, and the shares are 19% below their 52-week high. Sales and net profit fell 12% and 21% a year over 3 years, with ROCE of 9.5% and ROE of 8.1%. It carries very little debt. It is a small-cap company with a market cap of ₹391 Cr, ranked 39th of 71 Metal Fabrication companies by market cap; the shares fell 9.2% over the past year.
- ₹61.95
- ₹61.95
- ₹58.50
- ₹60.29
- 13K
Health check
- ReturnsBehind
−9.2% over a year, better than 1 of 7 peers.
- Price tagCheaper
P/E 6.2 vs industry 25.1.
- GrowthShrinking
Sales −12.4%, profit −21.2% a year over 3 years.
- ProfitabilityWeak
ROCE 9.5% vs peer median 15.6%.
- Balance sheetSolid
Practically debt-free.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹391 Cr
- Small cap
- P/E
- 6.2
- Industry 25.1
- Price to book
- 0.54
- Peers 7.00
- Dividend yield
- 0.00%
- ROE
- 8.1%
- Peers 11.5%
- ROCE
- 9.5%
- Peers 15.6%
- Debt to equity
- 0.04
- Debt ₹30 Cr
- EPS (TTM)
- ₹9.59
- Face value ₹2
- OPM (TTM)
- 5.7%
- Net margin 7.5%
- Sales growth
- +28.5%
- Latest quarter vs a year ago
- Profit growth
- +70.0%
- Latest quarter vs a year ago
- Price to sales
- 0.47
- EV/EBITDA 0.6
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 70.0% on a year ago.
- Quarterly sales up 28.5% on a year ago.
- P/E of 6.2 against an industry P/E of 25.1.
About Manaksia
Manaksia Limited, together with its subsidiaries, provides galvanized steel coils and sheets, color-coated steel, and pre-painted aluminum coils and sheets in India and internationally. The company operates through Packaging Product, Metal Products, and Others segments. It offers roll-on pilfer-proof closures for sealing solutions for glass and plastic bottles; crown closures for brewing companies and carbonated beverage manufacturers; color-coated…
- Headquarters
- Kolkata
- Employees
- 1,050
- Sector
- Industrials
- ISIN
- INE015D01022
- Website
- manaksia.com
Price range
- Avg volume (3M)
- 58.8K
- 1-year return
- minus 9.2%
- From 52-week high
- minus 18.7%
Peers · Metal Fabrication
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BHARATFORGBharat Forge | 1,740.00 | minus 0.74% | 85,029 | 121.8 | 7.23 | 15.6% | 11.5% | 16.9% | 9.7% | 26.9% | 0.48% | plus 32.3% |
| INDOMIMINDO-MIM | 1,219.50 | minus 3.93% | 60,302 | 101.1 | 20.94 | 22.8% | 21.3% | 28.6% | 15.8% | 4.9% | 0.00% | plus 71.1% |
| PTCILPTC Industries | 24,335.00 | plus 0.04% | 38,564 | 290.6 | 23.73 | 7.9% | 8.6% | 24.6% | 40.7% | 57.8% | 0.00% | plus 41.4% |
| ZETWERKZetwerk Manufacturing Businesses | 164.89 | minus 1.10% | 27,937 | – | −2.47 | −13.0% | −36.0% | 0.1% | 56.9% | – | 0.00% | plus 20.6% |
| HAPPYFORGEHappy Forgings | 1,694.50 | minus 10.00% | 15,996 | 49.0 | 7.00 | 18.9% | 15.2% | 30.6% | 9.8% | 13.1% | 0.21% | plus 85.8% |
| RKFORGERamkrishna Forgings | 693.85 | minus 4.25% | 13,087 | 68.4 | 3.51 | 4.7% | 5.6% | 17.1% | 10.5% | −33.9% | 0.55% | plus 35.6% |
| GRAVITAGravita India | 1,493.90 | minus 0.07% | 10,883 | 27.3 | 4.11 | 18.1% | 16.2% | 9.3% | 14.9% | 23.5% | 0.52% | minus 15.4% |
| MANAKSIAManaksia | 59.65 | minus 1.06% | 391 | 6.2 | 0.54 | – | 8.7% | 6.8% | −12.4% | −21.2% | 0.00% | minus 9.2% |
| Median of 7 peers | – | −1.10% | 27,937 | 84.7 | 7.00 | 15.6% | 11.5% | 17.1% | 14.9% | 18.3% | 0.21% | 35.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 173 | 190 | 184 | 237 | 223 | |
| 163 | 183 | 177 | 219 | 206 | |
| 9.9 | 7 | 6.9 | 17.5 | 16.3 | |
| 5.7% | 3.7% | 3.7% | 7.4% | 7.3% | |
| 13.7 | 10.5 | 17 | −2.7 | 22.6 | |
| 0.7 | 0.7 | 1.6 | 0.7 | 0.9 | |
| 1.3 | 1.4 | 1.6 | 1.2 | 1.2 | |
| 21.6 | 15.4 | 20.7 | 12.9 | 36.8 | |
| 28.8% | 32.0% | 29.8% | 2.9% | 27.6% | |
| 15 | 11 | 14.6 | 11.8 | 25.5 | |
| 2.29 | 1.68 | 2.22 | 1.80 | 3.89 |
Profit & loss
- Sales CAGR 3Y
- −12.4%
- Profit CAGR 3Y
- −21.2%
- EPS CAGR 3Y
- −21.1%
- ROE
- 8.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,165 | 702 | 731 | 784 | |
| – | minus 39.8% | +4.2% | +7.3% | |
| 1,014 | 605 | 676 | 742 | |
| 152 | 96.8 | 55 | 41.9 | |
| 13.0% | 13.8% | 7.5% | 5.3% | |
| 60.5 | 45.4 | 25 | 30.8 | |
| 12.8 | 10.4 | 10 | 2.1 | |
| 20.8 | 9.4 | 5.5 | 5.5 | |
| 8.6 | −18.2 | 20.2 | 5.5 | |
| 187 | 104 | 84.8 | 70.6 | |
| 42.5% | 24.4% | 31.4% | 25.1% | |
| 107 | 75.6 | 56 | 52.3 | |
| – | minus 29.3% | minus 25.9% | minus 6.5% | |
| 16.30 | 11.53 | 8.54 | 7.99 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13.1 | 13.1 | 13.1 | 13.1 | |
| 1,111 | 537 | 559 | 710 | |
| 58.2 | 74.2 | 25.9 | 30.4 | |
| 211 | 97.1 | 116 | 109 | |
| 1,393 | 722 | 714 | 862 | |
| 132 | 49.4 | 53.6 | 104 | |
| 2.9 | 1.2 | 5.7 | 50.8 | |
| 1.5 | 17.5 | 10.7 | 22.8 | |
| 865 | 490 | 145 | 185 | |
| 392 | 164 | 499 | 499 | |
| 1,393 | 722 | 714 | 862 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 53 | 135 | −275 | −10.5 | |
| 15.1 | 323 | 358 | −85.2 | |
| −90.7 | −16 | −68.2 | 0.8 | |
| −22.5 | 441 | 14.5 | −94.9 | |
| −10.8 | −1.3 | −12.4 | −49.2 | |
| 42.2 | 133 | −288 | −59.7 | |
| −19.7 | −19.7 | – | – |
Shareholding pattern
- Promoters74.93%
- Public25.07%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 74.93% | 25.07% | 0.00 | |
| 30 Jun 2026 | 74.93% | 25.07% | 0.00 | |
| 31 Mar 2026 | 74.93% | 25.07% | 0.00 | |
| 31 Dec 2025 | 74.93% | 25.07% | 0.00 | |
| 30 Sep 2025 | 74.93% | 25.07% | – |
Major shareholders
Filings & events
News
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