MANAKSTEEL.NS
Key Ratios

Net Profit Margin: Making very low profit as compared to its revenue which generally means either business is inefficient or cost of making the product or services is higher than what it is finally worth

Acid Test Ratio: It has good liquidity, which means it can can cover its liabilities without relying on inventory

Inventory Turnover: Average efficiency of inventory movement, it varies by industry

Coverage Analysis: At a very strong financial position where company is easily able to pay its interest payments from its earnings (EBIT + Lease Payments)

Debt to Equity Ratio: Company has moderate debt when compared to its equity which means it would be just able to pay its debt with the equity

P/E Ratio: Fairly valued stock which is a sign of mature companies

Performance Graph
Financial Ratios
Ratio Value
PE Ratio13.88
Net Profit Margin0.04
Acid Test Ratio1.12
Inventory Turnover4.11
Coverage Ratio5.97
Debt to Equity0.62
Key Ratios

Net Profit Margin: Making very low profit as compared to its revenue which generally means either business is inefficient or cost of making the product or services is higher than what it is finally worth

Return on Assets: Very high efficiency of the assets which indicates assets are making high contribution to the revenue

Return on Equity: Very low income of the company when compared with its equity, which means inefficient equity

Performance Graph
Profitability Ratios
Ratio Value
Net Profit Margin0.04
Return on Assets1.82
Return on Equity0.09
Performance Graph
Key Ratios

Acid Test Ratio: It has good liquidity, which means it can can cover its liabilities without relying on inventory

Current Ratio: It has a good balance between assets & liabilities and would be just able to cover its short-term liabilities

Performance Graph
Liquidity Ratios
Ratio Value
Acid Test Ratio1.12
Current Ratio1.79
Performance Graph
Key Ratios

Inventory Turnover: Average efficiency of inventory movement, it varies by industry

Performance Graph
Efficiency Ratios
Ratio Value
Inventory Turnover4.11
Performance Graph
Key Ratios

Coverage Analysis: At a very strong financial position where company is easily able to pay its interest payments from its earnings (EBIT + Lease Payments)

Performance Graph
Coverage Ratios
Ratio Value
Coverage Ratio5.97
Performance Graph
Key Ratios

Debt to Equity Ratio: Company has moderate debt when compared to its equity which means it would be just able to pay its debt with the equity

Interest Coverage Ratio: Company is at low risk of getting default as it can easily cover its interest payments and strong financial health

Performance Graph
Solvency Ratios
Ratio Value
Debt to Equity Ratio0.62
Interest Coverage Ratio6.28
Performance Graph
Key Ratios

P/E Ratio: Fairly valued stock which is a sign of mature companies

Dividend Yield: NA

Performance Graph
Market Ratios
Ratio Value
P/E Ratio13.88
Gross Profit Margin0.15
Price to Book Ratio1.31
Dividend Yield0.00
Performance Graph

Balance Sheet Analysis of Manaksia Steels Limited

The balance sheet in the financial statement of the company shows its financial position at a particular point in time.

It consists of the following:

  • Assets: Something that the company owns and that gives financial benefits over a period of time.
  • Liabilities: Something that a company owes and that has a financial burden on the company.
  • Equity: It is basically the owner’s share in the company.

The formula is:

Assets = Liabilities + Equity
đź“ŚAssets:
Asset
Value & Year
2024
2023
2022
Total Assets 5199968000 4201080000 3500989000
Total Non Current Assets 1449995000 1286573000 1155535000
Other Non Current Assets 1000 -2000 3000
Non Current Prepaid Assets 148715000 55469000 15049000
Non Current Deferred Taxes Assets - - -
Financial Assets - - -
Investment In Financial Assets 395250000 431350000 299710000
Held To Maturity Securities 3250000 3750000 4510000
Available For Sale Securities 392000000 427600000 295200000
Financial Assets Fair Value - - -
Long Term Equity Investment - - -
Investments In Associates At Cost - - -
Goodwill And Other Intangible Assets - - 23000
Other Intangible Assets - - 23000
Goodwill - - -
Net Ppe 906029000 789739000 818503000
Accumulated Depreciation -534365000 -586786000 -488278000
Gross Ppe 1440394000 1376525000 1306781000
Construction In Progress 319807000 69150000 50157000
Other Properties 586223000 720587000 768348000
Machinery Furniture Equipment 850147000 961801000 910495000
Buildings And Improvements 216085000 221288000 219369000
Land And Improvements 54355000 124286000 126760000
Properties - - -
Current Assets 3749973000 2914507000 2345454000
Other Current Assets -1000 205532000 357726000
Hedging Assets Current - - -
Assets Held For Sale Current - - -
Restricted Cash - 176761000 233537000
Prepaid Assets 333374000 231554000 383949000
Inventory 1402024000 1256229000 1048079000
Other Inventories 12307000 7431000 7085000
Finished Goods 68793000 87497000 218162000
Work In Process 330116000 317367000 239342000
Raw Materials 990808000 843934000 583490000
Other Receivables 2703000 106790000 5191000
Taxes Receivable 6423000 13408000 14628000
Accounts Receivable 262272000 165308000 299200000
Allowance For Doubtful Accounts Receivable - - -
Gross Accounts Receivable - - -
Cash Cash Equivalents And Short Term Investments 1749601000 1154626000 375498000
Other Short Term Investments 1667478000 1040241000 222317000
Cash And Cash Equivalents 82123000 114385000 153181000
Cash Equivalents - - -
Cash Financial 82123000 114385000 153181000
đź“Ś Liabilities & Equity
Liability/Equity
Value & Year
2024
2023
2022
Net Debt 1775984000 367308000 -
Total Debt 1862580000 488683000 95449000
Total Liabilities Net Minority Interest 2195537000 1297074000 840490000
Total Non Current Liabilities Net Minority Interest 97631000 77780000 59876000
Other Non Current Liabilities - -1000 1000
Derivative Product Liabilities - - -
Non Current Pension And Other Postretirement Benefit Plans 11401000 10048000 9535000
Trade And Other Payables Non Current - - -
Non Current Deferred Revenue - - -
Non Current Deferred Taxes Liabilities 84870000 64603000 40493000
Long Term Debt And Capital Lease Obligation 1360000 3129000 9848000
Long Term Capital Lease Obligation 1360000 3129000 7029000
Long Term Debt - - 2819000
Long Term Provisions 11401000 10048000 9535000
Current Liabilities 2097906000 1219294000 780614000
Other Current Liabilities -1000 29632000 14859000
Current Deferred Taxes Liabilities - - -
Current Debt And Capital Lease Obligation 1861220000 485554000 85601000
Current Capital Lease Obligation 3113000 3861000 3486000
Current Debt 1858107000 481693000 82115000
Pension And Other Post Retirement Benefit Plans Current 5277000 8914000 -
Current Provisions 5277000 8914000 8998000
Payables 200611000 601993000 528535000
Other Payable 93861000 444126000 391668000
Dividends Payable - - -
Total Tax Payable 2379000 6713000 8132000
Accounts Payable 104371000 151154000 128735000
Common Stock Equity 3004431000 2904006000 2660499000
Total Capitalization 3004431000 2904006000 2663318000
Total Equity Gross Minority Interest 3004431000 2904006000 2660499000
Minority Interest - - -
Stockholders Equity 3004431000 2904006000 2660499000
Other Equity Interest 2938897000 2838472000 2594966000
Treasury Stock - - -
Retained Earnings 1598244000 1314114000 1191858000
Additional Paid In Capital 467393000 467393000 467393000
Capital Stock 65534000 65534000 65534000
Common Stock 65534000 65534000 65534000

Income statement interpretation for Manaksia Steels Limited

The income statement in the financial statement of the company shows its company financial performance over a period in time.

It consists of the following:

  • Revenue: It is the total amount of money earned from the core business activity of the company.
  • Expenses: It is the total amount required for running the full functionality of the company.
  • Profit or loss:In very simple terms, when a company pays its expenses using its revenue, then what’s left is profit, and in case expenses are more when compared with revenue, then it is loss.
đź“ŚRevenue & Profitability
Revenue/Profitability
Value & Year
2024
2023
2022
Total Revenue 6807519000 7421231000 6107663000
Operating Revenue 6807519000 7421231000 6107663000
Cost Of Revenue 5759361000 6367510000 4708231000
Gross Profit 1048158000 1053721000 1399432000
Ebitda 519517000 301433000 605712000
Ebit 449928000 198645000 497067000
Operating Income 321811000 165189000 432165000
Net Income 283836000 121854000 353171000
Net Income From Continuing Operation Net Minority Interest 283836000 121854000 353171000
Net Income From Continuing And Discontinued Operation 283836000 121854000 353171000
Net Income Common Stockholders 283836000 121854000 353171000
Net Income Including Noncontrolling Interests 283836000 121854000 353171000
Net Income Discontinuous Operations - - -
Net Income Continuous Operations 283836000 121854000 353171000
Normalized Income 189787519 90347746 329204683
Normalized Ebitda 394179000 257199000 572505000
Total Unusual Items 125338000 44234000 33207000
Total Unusual Items Excluding Goodwill 125338000 44234000 33207000
đź“ŚExpenses & Taxes
Expenses/Taxes
Value & Year
2024
2023
2022
Reconciled Depreciation 69589000 102788000 108645000
Reconciled Cost Of Revenue 5759361000 6367510000 4708231000
Total Expenses 6485708000 7256042000 5675498000
Operating Expense 726347000 888532000 967267000
Other Operating Expenses 426257000 513759000 586652000
Depreciation And Amortization In Income Statement 69589000 102788000 108645000
Amortization - - -
Depreciation Income Statement 69589000 102788000 108645000
Selling General And Administration 25171000 47313000 56274000
Selling And Marketing Expense 16658000 35483000 44841000
General And Administrative Expense 8513000 11830000 11433000
Rent And Landing Fees 2885000 2009000 1865000
Tax Provision 94431000 49226000 136172000
Pretax Income 378267000 171080000 489343000
Other Non Operating Income Expenses 263000 72669000 82308000
Special Income Charges -606000 264000 1810000
Other Special Charges 606000 -264000 -1810000
Write Off - - -
Net Non Operating Interest Income Expense -64294000 -23634000 20140000
Total Other Finance Cost 10513000 11756000 7807000
Interest Expense Non Operating 71661000 27565000 7724000
Interest Income Non Operating 17880000 15687000 35671000
đź“Ś Earnings Per Share
Earnings Per Share
Value & Year
2024
2023
2022
Diluted Eps 4.33 1.86 5.39
Basic Eps 4.33 1.86 5.39
Diluted Ni Avail To Com Stockholders 283836000 121854000 353171000
Net Income From Continuing Operations 378267000 171080000 489343000
Minority Interests - - -

Cash flow analysis for Manaksia Steels Limited

The cashflow statement in the financial statement of the company shows how cash is moving in or moving out of the company over a period of time.

It consists of the following:

  • Operating activities: Cash flow from the core business operations.
  • Investing activities: Cashflow from investments made by the company.
  • Financing activities: These are cash from loans or by issuing shares or paying out dividends.
đź“ŚOperating Cash Flow
Operating Cash Flow
Value & Year
2024
2023
2022
Operating Cash Flow -521502000 241573000 -5642000
Changes In Cash -68968000 -50554000 -25224000
Taxes Refund Paid -56754000 -40271000 -113820000
Change In Working Capital -838724000 41325000 -423089000
Change In Other Current Liabilities -496812000 40700000 135377000
Change In Other Current Assets -196118000 208775000 -371741000
Change In Payable - - -
Change In Inventory -145794000 -208150000 -186725000
Change In Receivables - - -
Other Non Cash Items 64295000 23633000 -20140000
Stock Based Compensation - - -
Provision And Write Off Of Assets - - -
Depreciation And Amortization 69589000 102788000 108645000
Amortization Cash Flow - - -
Depreciation 69589000 102788000 108645000
đź“ŚInvesting Cash Flow
Investing Cash Flow
Value & Year
2024
2023
2022
Investing Cash Flow -843536000 -646539000 572336000
Net Other Investing Changes - - 1000
Interest Received Cfi 15114000 14887000 64540000
Dividends Received Cfi 12248000 12748000 13430000
Net Investment Purchase And Sale -486820000 -592353000 560856000
Sale Of Investment - - 712805000
Purchase Of Investment - - -151949000
Net Business Purchase And Sale - 56000 -56000
Sale Of Business - - -
Purchase Of Business - - -56000
Net Ppe Purchase And Sale -384078000 -81877000 -66435000
Sale Of Ppe 3118000 339000 2628000
Purchase Of Ppe -387196000 -82216000 -69063000
Net Intangibles Purchase And Sale - - -
Purchase Of Intangibles - - -
đź“Ś Financing Cash Flow
Financing Cash Flow
Value & Year
2024
2023
2022
Financing Cash Flow 1296070000 354412000 -591918000
Net Other Financing Charges - 2000 100
Interest Paid Cff -71335000 -38826000 -16906000
Cash Dividends Paid - - -
Common Stock Dividend Paid - - -
Net Common Stock Issuance - - -
Common Stock Payments - - -
Common Stock Issuance - - -
Repurchase Of Capital Stock - - -
Repayment Of Debt - - -
Issuance Of Debt - - -
Issuance Of Capital Stock - - -
Net Issuance Payments Of Debt 1371413000 396764000 -572193000
Net Short Term Debt Issuance 1371413000 396764000 -571514000
Short Term Debt Issuance - - -
Net Long Term Debt Issuance - - -679000
Long Term Debt Payments - - -
Long Term Debt Issuance - - -
Net Preferred Stock Issuance - - -
Preferred Stock Payments - - -

Summary

Fundamental Overview of MANAKSTEEL.NS (Manaksia Steels Limited)

Above is the summary for fundamental analysis of Manaksia Steels Limited , whose ticker name is MANAKSTEEL.NS and belongs to sector Basic Materials, and it is listed in NSE (National Stock Exchange).

The Manaksia Steels Limited which is listed in NSE (National Stock Exchange) has a PE ratio of 13.88, MANAKSTEEL.NS has a net profit margin of 0.04, the acid test ratio for MANAKSTEEL.NS is 1.12, MANAKSTEEL.NS has an inventory turnover of 4.11, and MANAKSTEEL.NS has debt-to-equity ratio of 0.62.

The MANAKSTEEL.NS whose company name is Manaksia Steels Limited has made profit/loss of 1048158000 with total revenue of 6807519000, MANAKSTEEL.NS has assets worth of 5199968000.

1. What is fundamental analysis?

Fundamental analysis is looking into a company’s real business performance by analyzing financial statements, earning reports, and key valuation ratios.

Basically, fundamental analysis involves examining a company’s revenue, profits, losses, debts, assets, liabilities, and ratios calculated using these values to determine long-term investment strategies.

Fundamental analysis may not work for short-term trading of stock; it is usually incorporated by long-term investors.

2. Importance of Fundamental Analysis

Imagine you are locking a good amount of funds into an unknown company for many years. Sounds stupid, right?

This is where fundamental analysis comes into the picture, which turns an unknown enemy into a known friend.

As fundamental analysis involves calculating how a company is actually performing, the real revenue, profits, assets, liabilities, debts, and more. This helps investors to determine what the actual current financial condition of the company is, how much the company’s stock price is justified when compared to earnings (Corporate earnings reports India) that it is making through business, what the probability is that the company will go bankrupt in the future, how much growth the company has shown in the past, and other financial ratios.

All these calculations and analyses determine the financial health of the company, historical business growth, company’s efficiency, and its stock price compared with real earnings (Corporate earnings reports India), which helps traders to make investment decisions for long-term investment strategies.

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  • Search for the stock that you want to analyze in the search bar by typing the name of the company or ticker.
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  • Then in the same “Summary and Ratio” tab, we have included a detailed analysis of stock in various aspects, which includes “Profitability Analysis,” “Liquidity Analysis,” “Efficiency Analysis,” “Coverage Analysis,” Solvency Analysis,” and “Market Analysis,” which divide the stock’s fundamentals into the above aspects and analyze each in the same format as for overall analysis, where the leftmost side has a textual summary, then in the middle a gauge chart that represents overall analysis of the particular section, and then a list of important ratios. Required for the particular analysis.
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