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    Manaksia Limited

    Kolkata-headquartered industrial group whose Nigeria/Ghana subsidiaries make galvanized & pre-painted steel, aluminium coils and alloy ingots, metal closures and kraft paper, plus an India sponge-iron unit.

    Capital Goods
    Industrials

    Overview

    Price

    Market Cap

    ₹366 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1313131313131313
    Reserves9469431.0k1.1k537559620710
    Borrowings14521145874263830
    Other Liabilities1551641982119711683109
    Total Liabilities1.1k1.2k1.4k1.4k722714754862
    AssetsFixed Assets20917314112948485154
    CWIP4343061651
    Investments238583630671426111223175
    Other Assets677413598591248549465582
    Total Assets1.1k1.2k1.4k1.4k722714754862

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating-5-3727914053135-275-11
    Cash from Investing13178-359-45-5-250322-85
    Cash from Financing-33-973332-91-16-681
    SummaryCapital Expenditure
    Free Cash Flow-18-4027313742136-287-54
    FCF Margin

    Valuation

    Assumptions

    Current — MANAKSIA
    Price
    ₹56
    EPS (TTM)
    ₹7.99
    PE (TTM)
    7.0
    Profit growth
    -21.6%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (8.7×) and current (7.0×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹56
    vs
    Fair value · 15% return
    ₹6
    89%Overvalued

    At -21.6% growth and a 7× exit, ₹56 only delivers your return if you pay ₹6. The price is currently baking in 18% growth.

    EPS grows -21.6%/yr for 5 years, then fades to 6% over 2, exits at 7×.

    YearGrowthEPS (₹)
    FY27-21.6%6.26
    FY28-21.6%4.91
    FY29-21.6%3.85
    FY30-21.6%3.02
    FY31-21.6%2.37
    FY32-7.8% ·fade2.18
    FY336.0% ·fade2.31

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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