Kutch (Gujarat)-based manufacturer and exporter of Alu-Zinc coated and pre-painted galvanised steel coils/sheets, with a separate Bhopal plant contract-manufacturing Ultramarine Blue powder.
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Market Cap
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Industrials
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| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 7 | 7 | 7 | 7 | 7 | 8 | 11 | 11 |
| Reserves | 88 | 94 | 103 | 108 | 141 | 215 | 320 | 333 |
| Borrowings | 133 | 143 | 173 | 190 | 178 | 145 | 103 | 115 |
| Other Liabilities | 146 | 188 | 195 | 237 | 205 | 272 | 305 | 288 |
| Total Liabilities | 373 | 432 | 478 | 541 | 531 | 640 | 739 | 747 |
| AssetsFixed Assets | 140 | 132 | 127 | 119 | 117 | 111 | 107 | 167 |
| CWIP | 45 | 51 | 40 | 49 | 49 | 68 | 80 | 31 |
| Investments | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Other Assets | 178 | 239 | 301 | 364 | 355 | 451 | 542 | 540 |
| Total Assets | 373 | 432 | 478 | 541 | 531 | 640 | 739 | 747 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 51 | 7 | 20 | -12 | 8 | 22 | 30 | -7 |
| Cash from Investing | -46 | -1 | -6 | 9 | -8 | -6 | -20 | -17 |
| Cash from Financing | -12 | -6 | -13 | 5 | -4 | -16 | -10 | 25 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 6 | 5 | 13 | -4 | -2 | 15 | 9 | -27 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
MANAKCOAT · CYCLICAL_UNMODELABLE
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