Manugraph India share price, P/E, ROE & financials

On 6 Nov 2026, Manugraph India was priced at ₹14.88, or 7.7× trailing earnings, against an industry P/E of 33.8×, and the shares are 39% below their 52-week high. Sales grew 3.0% a year over 3 years; its ROCE of 9.5% is the second-lowest among the 7 largest Specialty Industrial Machinery peers, though net profit is above operating profit, which points to a one-off gain. It carries very little debt. It is a small-cap company with a market cap of ₹47 Cr, ranked 125th of 138 Specialty Industrial Machinery companies by market cap; the shares fell 24% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹14.90
Day high: ₹15.28
Day low: ₹14.70
Prev. close: ₹15.30
Volume: 8.2K

Health check

1 good · 4 to check

ReturnsBehind
−24.5% over a year, better than 1 of 7 peers.
Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
GrowthSlow
Sales +3.0% a year over 3 years.
ProfitabilityWeak
ROCE 9.5% vs peer median 24.8%.
Balance sheetSolid
Debt 0.05× equity, interest covered 10.0×, Piotroski 7 of 9.
Red flags3 to check
Quarterly sales down 18.8% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Industrial Machinery

137 listed peers. Screen the industry

Small cap

₹47 Cr, #125 of 138 in its industry by size.

Defensive

Beta 0.53 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹83 Cr · profit ₹6 Cr

Market cap: ₹47 Cr; Small cap
P/E: 7.7; Industry 33.8
Price to book: 0.78; Peers 9.16
Dividend yield: 0.00%
ROE: 8.9%; Peers 19.1%
ROCE: 9.5%; Peers 24.8%
Debt to equity: 0.05; Debt ₹3.00 Cr
EPS (TTM): ₹1.93; Face value ₹2
OPM (TTM): −2.0%; Net margin 6.8%
Sales growth: −18.8%; Latest quarter vs a year ago
Profit growth: +9.3%; Latest quarter vs a year ago
Price to sales: 0.56; EV/EBITDA −35.7

Strengths

Practically debt-free.

Risks to check

Quarterly sales down 18.8% on a year ago.
Net profit is above operating profit, so a one-off gain is likely flattering earnings.
39% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Manugraph India

Manugraph India Limited engages in the manufacture and sale of printing machines in India and internationally. It provides newspaper web, folder, and packaging and converting machines, as well as manufactures engineering components. The company also exports its products. In addition, it offers after-sales services and installation services. The company was formerly known as Manugraph Industries Limited. Manugraph India Limited was incorporated in 1972 and…

Headquarters: Mumbai
Employees: 190
Sector: Industrials
ISIN: INE867A01022
Website: manugraph.com

Price range

52 weeks

₹9.65₹24.26

Today

₹14.70₹15.28

Avg volume (3M): 76.4K
1-year return: minus 24.5%
From 52-week high: minus 38.7%

Peers · Specialty Industrial Machinery

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
BHELBharat Heavy Electricals	418.80	plus 0.17%	1,45,829	50.6	74.6	6.6%	10.1%	0.22	13.5%	plus 56.4%
ABBABB India	6,774.00	plus 2.20%	1,43,547	92.3	68.2	28.5%	13.8%	0.02	15.4%	plus 26.4%
SIEMENSSiemens	3,560.00	plus 3.73%	1,26,779	86.1	59.3	16.5%	10.4%	0.02	3.0%	plus 10.0%
CUMMINSINDCummins India	4,048.80	minus 0.25%	1,12,233	49.8	41.7	35.0%	19.1%	0.00	16.1%	minus 6.0%
GVT&DGE Vernova T&D India	4,018.00	minus 3.06%	1,02,879	71.3	56.6	58.5%	26.5%	0.01	31.1%	plus 31.7%
SUZLONSuzlon Energy	38.80	plus 0.54%	53,337	23.7	17.3	24.8%	16.7%	0.07	41.4%	minus 35.7%
AIAENGAIA Engineering	3,113.60	minus 2.77%	29,056	23.5	19.6	19.9%	27.4%	0.00	−3.4%	minus 3.9%
MANUGRAPHManugraph India	14.88	minus 2.75%	47	7.7	6.5	9.5%	−11.2%	0.05	3.0%	minus 24.5%
Median of 7 peers	–	0.17%	1,12,233	50.6	56.6	24.8%	16.7%	0.02	15.4%	10.0%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
31.7	14.2	17.7	25.1	25.7
25.9	14.7	16.7	24.6	28.4
5.8	−0.5	1	0.5	−2.7
18.3%	−3.3%	5.8%	1.9%	−10.4%
0.1	0	0	0.3	0
0.2	0.2	0.2	0.2	0.1
0.2	0.2	0.3	0.2	0.2
1.9	−0.4	−0.1	−0.3	9.5
7.4	−1.2	0.5	0	6.6
8.0%	6.3%	9.1%	2971.8%	−13.2%
6.8	−1.1	0.4	−1.2	7.5
2.25	-0.36	0.14	-0.30	2.45

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +3.0%
ROE: 8.9%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
77.6	65.8	56.8	84.9
–	minus 15.2%	minus 13.6%	+49.3%
92.4	82.5	68.7	77.6
−14.8	−16.7	−11.8	7.3
−19.1%	−25.4%	−20.8%	8.6%
0.4	−0	−0	0
2.4	1.9	2.2	0.8
1.4	1.1	0.8	0.8
7.1	0.2	−11.8	1.1
−11	−19.6	−26.6	6.8
−2.8%	−1.3%	−0.3%	27.1%
−11.3	−19.9	−26.7	5
-3.71	-6.53	-8.78	1.63

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
6.1	6.1	6.1	6.1
93.1	73.6	47.2	52
10.5	17.6	7	3
62.3	53.7	81.9	75.6
172	151	142	137
88.7	87.8	84.6	77.4
0.4	0.4	0.3	0.3
1.3	0.2	2.1	1.9
81.6	62.7	55.1	57
172	151	142	137

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−5.8	−6.5	0.3	1.2
16.7	0.4	14.7	3.4
−10	5	−13.1	−4.8
0.9	−1.1	1.9	−0.2
−0.5	−0.1	−0.1	−0.3
−6.4	−6.6	0.2	0.9
−0	−0.1	−0	−0

Shareholding pattern

Source: NSE filings

57.7%

promoters

Promoters57.67%
Public42.33%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	57.67%	42.33%	0.00
30 Jun 2026	57.67%	42.33%	0.00
31 Mar 2026	57.67%	42.33%	0.00
31 Dec 2025	57.67%	42.33%	0.00
30 Sep 2025	57.67%	42.33%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you